June 21, 2010  National Insurance Commission (NAICOM) has discovered accounting fraud in insurance annual reports. The commission has found out that most insurance companies failed to disclose their gross premium earned, reinsurance premium incurred, gross claims incurred and gross claims outstanding.  The regulatory body has also discovered […]
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Diamond Bank Grooms Capacity of SMEs
 Diamond Bank Plc is building the managerial capacity of entrepreneurs to the level they can easily succeed in their respective businesses.  The bank’s Head, Retail Banking and New Products Developments, Mr. Garry Marsh, reiterated the commitment of the bank to impact positively on small and medium enterprises. […]
Afribank Rolls Out Two-year Plan
By Emele Onu and Goddy Egene, 06.20.2010  Afribank has set a two-year turnaround plan designed to return the financial institution to optimal performance.  The plan, which was announced by the bank’s management last weekend in Lagos, followed the successful execution of the 3- 4 -7 repositioning plan, […]

