Uncategorized

Oil prices slump on falling stocks

  THURSDAY, 12 AUGUST 2010    World oil prices fell yesterday (Wednesday), in line with tumbling global equity markets, as investors set aside a positive report of International Energy Agency (IEA) on demand.Brent North Sea crude for delivery in September sank $1.38 to $78.22 a barrel in late afternoon London […]

Staco Insurance settles N726.9 million claims

  THURSDAY, 12 AUGUST 2010    Staco Insurance Plc has paid total claims worth over N726.9 million in its seven months of operations this year to its numerous customers and clients in various classes of general insurance business. This figure represents a percentage increase of about 6.5 per cent over […]

Selling pressure mounts as banks prepare to meet September deadline

  THURSDAY, 12 AUGUST 2010 01:03 Following the post Securities and Exchange Commission’s (SEC) intervention in the capital market leadership, not a few market analysts expect that there will be selling pressure on the Nigerian bourse this month. Their expectation boils down to the fact that many banks are expected […]