THURSDAY, 01 JULY 2010 01:19 MODESTUS ANAESORONYE   The nation’s insurance industry has recorded a premium income of N200.6 billion for the financial year ended December 31, 2009, as against N150.3 billion it posted the same period in 2008, indicating a 33.5 percent growth. The growth, according to analysts, […]
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Money laundering: Senate may ban cash payment above N5m
THURSDAY, 01 JULY 2010 01:20     The Senate on Wednesday commenced consideration of the Money Laundering Act (Repeal and Re-enactment) Bill 2010 making it illegal for any person or corporate body to make or accept cash payments exceeding N5 million and N10 million, respectively.  The Senate, […]
Exchange Approves N94bn New Issues
The Council of The Nigerian Stock Exchange, through its Quotation Committee, on Tuesday, approved issues worth N93.555 billion for four companies, a state government and two other financial instruments.  Bayelsa State Government got the Council’s approval for its Offer for Subscription of N50 Billion Fixed Rate Development Bond […]
