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Oceanic employs bancassurance to sell insurance

  THURSDAY, 08 JULY 2010   The Executive Director, Operating Resources of Oceanic Bank Plc, Mrs. Morounfolu Dosunmu, has said that the Oceanic Insurance Group is transforming service delivery in the sector through effective bancassurance operations.   According to her, “these bancassurance channels enable our clients conclude various transactions via […]

Sokoto Cement posts N1.8b profit, declares 10k dividend

  THURSDAY, 08 JULY 2010                                                                                                     Sokoto based Cement Company of Northern Nigeria (CCNN), has declared a final gross dividend of 10 kobo per share, bringing the total dividend paid to shareholders to 90 kobo in the 2009 financial year.It also recorded a profit after tax of N1.8 billion, against […]

Sale Of Banks: Fidelity, Ecobank Lock Horn In Battle To Acquire Afribank • Banks Renew Sacking Gale, Frustrations

  By , FINANCE EDITOR Indications were rife at the weekend that two middle-level banks are presently locked in the battle to take over “rescued” Afribank of Nigeria Plc, as part of the ongoing determination by the Central Bank of Nigeria (CBN) to sell the bank, which clocked 50 quietly […]