By Alex C Underwriting firm, Sovereign Trust Insurance plc has noted growth opportunities in Nigeria’s burgeoning economy, rising population, low insurance penetration and ongoing reforms in the power sector, saying it provides potential for new income and increased shareholder value. Looking at the future outlook of the insurance industry, the Company argues that with ongoing reforms in the economy, there would be increased demand for risk management and suggest why there has been increased interest of foreign players in the industry in recent times. Ephraim Faloughi, chairman of the board Sovereign Trust Insurance plc speaking on the future of the…
Author: Pride Team
By Alex C Rom Oil Mills Limited, an automated edible oil refinery and margarine company was recently commissioned by Oyo state Governor Abiola Ajimobi. The company, a subsidiary company of Flour Mills of Nigeria Plc, is expected to refine crude palm kernel oil, crude palm oil and crude soybean oil into refined oil and distilled fatty acids. The establishment is a-400 metric tonnes per day universal refinery. Speaking at the inauguration of the firm in Ibadan, Governor Ajimobi said his administration would continue to do all within its powers to ensure that the state continued to be the preferred destination…
Gubernatorial aspirant and the ‘anointed candidate’ of the APC in Lagos state election in 2015 has gone a step further to win the hearts of Lagosians. The campaign team of Akinwumi Ambode is not relenting in seeing Ambode is widely accepted. Tinubu’s financial strategy of raising funds for Ambode’s campaign through LGs and LCDAs in Lagos ensures the team has money to spend. They have taken the battle of publicity to the telecommunication industry as they engaged the services of leading Telecommunication company in Nigerian to project his image. We confirmed this Ambode campaign recharge card and discovered it not…
Seven members of Ekiti State House of Assembly backed by Governor Ayodele Fayose as well as armed policemen today impeached the speaker of the state house of Assembly, Adewale Omirin. The seven persons were shepherded into the state assembly complex by Bayelsa born Mobile Police Commander, Selenkere Michael, to carry out an illegal act. The police prevented 19 others including the substantive speaker from entering the assembly complex earlier today. Mr. Olugbemi, was purportedly “elected” by the seven-man house as speaker.xosotin chelseathông tin chuyển nhượngcâu lạc bộ bóng đá arsenalbóng đá atalantabundesligacầu thủ haalandUEFAevertonxosokeonhacaiketquabongdalichthidau7m.newskqbdtysokeobongdabongdalufutebol ao vivofutemaxmulticanaisonbethttps://bsport.fithttps://onbet88.ooohttps://i9bet.bizhttps://hi88.ooohttps://okvip.athttps://f8bet.athttps://fb88.cashhttps://vn88.cashhttps://shbet.atbóng đá world cupbóng đá…
Lagos may never be this kind of city without Danfos, I do not recall seeing these buses elsewhere, the danfo itself has become one of the peculiarities of the city. An average Lagosian spends at least 3 hours in a Danfo bus daily, the commute to work is mostly via this medium with its awful ventilation, hyper active conductors and drunk drivers. A Danfo driver could be reeking of alcohol as early as 6:00am, I have assumed some Danfo drivers brush the teeth with Chelsea hot drink or the famous ‘alomo’ every morning. They mostly drive under the influence, and…
The intrigues of Ogun politics is an amusing one as Governor Amosun has tactically carpeted the spurious allegations levied against him by his deputy. Two weeks back, the deputy governor of Ogun state, Mr. Segun Adesegun made headlines when his private letter to Ogun state governor, Senator Ibikunle Amosun spread all over the media, the deputy governor in his letter levelled series of allegation against his boss, revealing some bad treatment he has received from him, even as the no 2 man in the state. It was a blazing headline on the front pages of major newspapers in the country,…
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I hear and I forget. I see and I believe. I do and I understand.xosotin chelseathông tin chuyển nhượngcâu lạc bộ bóng đá arsenalbóng đá atalantabundesligacầu thủ haalandUEFAevertonxosokeonhacaiketquabongdalichthidau7m.newskqbdtysokeobongdabongdalufutebol ao vivofutemaxmulticanaisonbethttps://bsport.fithttps://onbet88.ooohttps://i9bet.bizhttps://hi88.ooohttps://okvip.athttps://f8bet.athttps://fb88.cashhttps://vn88.cashhttps://shbet.atbóng đá world cupbóng đá inter milantin juventusbenzemala ligaclb leicester cityMUman citymessi lionelsalahnapolineymarpsgronaldoserie atottenhamvalenciaAS ROMALeverkusenac milanmbappenapolinewcastleaston villaliverpoolfa cupreal madridpremier leagueAjaxbao bong da247EPLbarcelonabournemouthaff cupasean footballbên lề sân cỏbáo bóng đá mớibóng đá cúp thế giớitin bóng đá ViệtUEFAbáo bóng đá việt namHuyền thoại bóng đágiải ngoại hạng anhSeagametap chi bong da the gioitin bong da lutrận đấu hôm nayviệt nam bóng đátin nong bong daBóng đá nữthể thao 7m24h bóng…
By Alex C Dangote Cement, Nigeria’s largest cement producer, has explained that the recent crash of its cement brand to N1,000 and N1,150 for the 32.5 grade and 42.2 grade, respectively, was aimed at , reducing the country’s housing deficit estimated at 17 million units and stimulating demand. Devakumar Edwin, the company’s group managing director, who gave this explanation at the unveiling of its 32.5 grade and 3X cement in Lagos, explained further that the price slash became necessary as a response to the low per capita income of many Nigerians who desire to own their own homes but cannot…
By Alex C Riding on the successful outing of its subsidiaries and the positive impact of the Local Content Act in the Oil and Gas industry, Arco Group plc; a major player in the sector’s value chain, has grown its gross earnings by N569million representing 10.83 percent from N5.253billion for the year ended March 2013, to N5.822billion for the outgoing financial year The visible leap in gross earnings also spiked the Group’s dividend by 25 percent to 25 kobo per share with total dividend paid to shareholders totalling a little above N637million. Revealing this at the Group’s 32nd Annual General…