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18 May 2015
Gold hit a five-week high on Thursday as the dollar remained under pressure following sluggish US data that pushed back expectations of when interest rates in the world’s largest economy will rise. 
18 May 2015
SHAREHOLDERS of Custodian and Allied Plc have commended the board and management of the company for the good performance recorded by the company in spite of challenges in the economy.
nigeria currency
18 May 2015
LAW Union & Rock Insurance Plc has released its first quarter 2015 unaudited financial statements. The report showed that the company’s profit before tax rose to N333.7 million as at the end of March 2015 from N227.8 million in 2014 while it recorded a profit after tax of N283.6 million compared to N193.6 million achieved in 2014.
18 May 2015
CHINA stocks slumped on Friday morning after the securities regulator said the market has ample liquidity to handle more initial public offerings, with some interpreting it as a signal that IPO activity could be stepped up further.
18 May 2015
Overnight, US major indexes rallied one percent higher each on the back of calmer bond markets and a weaker dollar. The S&P 500 set a new closing record of 2121 after a 1 percent surge. The Dow Jones Industrial Average and tech-heavy Nasdaq rose 1 and 1.4 percent, respectively, to come within 50 points of their record highs.
18 May 2015
GREECE’S Prime Minister Alexis Tsipras had at one stage warned foreign creditors that Athens would not repay 750 million euros due to the IMF in May unless they provided it with immediate liquidity, said a report
18 May 2015
Lanre Runsewe is Chief Executive Officer, Rungas Nigeria Limited, an Energy Consultant/Gas infrastructure specialist. He has over 14 years experience in Utility and Energy Industry in the United Kingdom and has worked in organisations such as British Gas and RWE N power, which is an arm of the third largest multi- utility energy company in Europe. Lanre served in NIAF a DFID funded initiative (as a project lead on privatisation of Power Distribution Companies (DISCOs). He is currently in the process of establishing the first LPG Composite Cylinder manufacturing plant in Nigeria. In this interview with SULAIMON SALAU, he examined the challenges of growing LPG market in Nigeria and suggests leeway for the incoming government. Excepts
18 May 2015
IN recognition of its qualitative insurance service delivery, Prestige Insurance Brokers Ltd has been named as the Insurance Broker of the year 2014.
18 May 2015
THE managing director of Premium Pension Limited, Wilson Ideva, has stated that retirement that is not preceded by proper planning and preparedness could spell disaster for both the retiree and the society.
18 May 2015
WITH about over $93 billion in infrastructure deficit recorded over the years, government may need to renew its focus on delivering financial instruments that will attract additional infrastructure financing for increased delivery of infrastructure projects.
18 May 2015
THE Director-General of the Nigerian Insurers Association (NIA), Olorundare Sunday Thomas, has expressed the Association’s readiness to collaborate with any institution in developing the human capacity needs of the local insurance market.
18 May 2015
IN a bid at repositioning for greater service delivery and to revitalize its impact and relevance in the Nigerian financial services sector and that of the Insurance Industry in particular, the Chartered Insurance Institute of Nigeria (CIIN), has set in motion a strategy advisory exercise to identify key issues bordering on the growth and advancement of the Insurance Industry in the country, articulate actionable solutions and delineate key strategic imperatives for the Institute within a workable framework in the next five years and beyond.

Latest

32 mins ago
The Federal High Court, Abuja, on Thursday, stopped the Independent National Electoral Commission (INEC) from recognizing or accepting ad hoc delegates produced by Gov. Godwin Obaseki’s faction of the People’s Democratic Party (PDP) in Edo.
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Hollywood actor Kevin Spacey is facing sexual assault charges in the UK, police and prosecutors said on Thursday, after a review of allegations against him. The two-time Oscar winner for "The Usual Suspects" and "American Beauty" was artistic director of The Old Vic theatre in London between 2004 and 2015. Allegations against him first emerged…
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Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal.
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The Federal High Court, Abuja, has adjourned the alleged pension fraud trial involving former Head of Service of the Federation, Stephen Oronsaye until Oct. 5.
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Chief Bartho Igwedibia, Chairman Accord Party, Anambra, says the resignation of Mr Peter Obi from the Peoples Democratic Party (PDP) has became a blessing in disguise for smaller parties in the state.