Jun 28, 2010 By  Insurance companies in the country may be daring the National Insurance Commission (NAICOM) on the regulator’s resolute to ensure that underwriters meet their claims obligations as claims ratio of some insurance companies are still below 10 per cent.The claims ratios is claims payable as […]
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How we returned Union Bank to the path of profitability, Osibodu
Jun 28, 2010 By Omoh Gabriel, Business Editor  Two weeks ago, the Managing Director of Union Bank, Mrs Funke Osibodu, who was drafted for a two-year rescue mission to Union Bank, one of the eight rescued banks, had an interactive session with business editors in her office. Below […]
Caution, prudence see return of ailing banks to profitability
MONDAY, 28 JUNE 2010 01:19 JOHN OMACHONU & BLESSING ANARO   The re-emergence of conservative banking and prudence, among others, are responsible for the gradual return to profitability of the ailing banks and good outing of others in the first quarter results, according to BusinessDay investigations.  The implication, […]

