By Alex C Investors have decried the increasingly difficult business environment in the country, following the persistence of multiple taxation, transportation and ports logistics challenges, budget delays, high energy cost and worsening institutional issues that negatively impact on their margins. Under the umbrella of the Lagos Chamber of Commerce and Industry (LCCI), the investors, including manufacturers, traders and players in the micro, small and medium enterprises, unanimously said that access roads to the Apapa and Tin Can port complexes have become an unprecedented nightmare in the last three months, while smuggling, counterfeiting, under invoicing, granting of undeserved waivers, many tax-collecting…
Author: Pride Team
By Alex C Equity Assurance Plc has ended 2013 financial year with a 17.60 percent rise in gross premium income as the insurer continues to tap into Nigeria’s growing economy. For the year ended December 2013, Equity Assurance’s gross premium income surged to N4.61 billion compared with N3.92 billion in the same period of the corresponding year (Q3) 2013. There was remarkable improvement in underwriting capacity as net premium income increased by 10.56 percent to N4.08 billion as against N3.69 billion the preceding year. Net premium income rose by 2.73 percent to N3.37 billion in the review period as against…
No matter how hot your anger may be, it cannot cook.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 đábóng đá hôm naythe thao ngoai…
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By Alex C Consolidated Hallmark Insurance (CHI) plc has revealed that it is positioned for stronger profitability going forward, having cleared its debt slate with provisions on impairment outstanding premium in excess of N500m. This they said is to have a clean break from the era of debtor’s overhang thus paving the way for future profitability. Tony Aletor, vice chairman of the company, who disclosed this at the Company’s 19th Annual General Meeting said the company recorded moderate 8 percent growth in the gross premium written from N3.8billion in 2012 to N4.2billion at the end of 2013 financial year. Aletor…
By Alex C Africa’s division of French giant, Lafarge, has revealed that its 50 percent-owned subsidiary, Nigerian Cement Holdings (NCH), has entered into an agreement with Flour Mills of Nigeria to purchase a 30 percent stake in United Cement Company of Nigeria (UNICEM). NCH currently owns 70 percent of UNICEM. With the deal, set to be completed in two stages, it will have total ownership of the cement company. “Pursuant to the agreement, a first 15 percent tranche would be acquired in the first quarter of 2015, while the second 15 percent tranche is scheduled to be acquired by February…
By Alex C FBN Holdings Plc together with its wholly-owned subsidiary, FBN Capital Limited, has completed the acquisition of a 54 percent equity interest in Kakawa Discount House Limited. This development has made FBN Holdings the beneficial owner of 100 percent share capital of Kakawa Discount House Limited. This acquisition represents a strategic fit for the FBN Holdings portfolio. In a statement, FBN Holdings Plc said the acquisition will expand the universe of products and services offered by the group, and “enable us to not only deepen our reach to existing clients, but reach a new client base.” Kakawa brings…
The Kedike crooner, Chidinma Ekile has just bought herself a brand new Range Rover. The award winning singer who recently released a new track titled ‘MARTHA,’ stylishly flaunted her latest ride on instagram but was shy to comment on it. Fans as usually did not keep quiet over it as they continued to pray for the MTN project Fame Winner. Singer, Timi Dakolo who also rejoiced with Chidinma teased that she has to bring the car to him for test before she drives it. A close source to her confirmed on Tuesday, November 18,2014 that she took delivery of the…
Well loved actor, Odunlade Adekola has clearly debunked the widespread rumour that he was having a secret romance with delectable actress, Fathia Balogun. The father of three children had strong words for rumour mongers. “Sister Fathia and I, how, why, for what? I don’t know why some people or rather, some untrained journalists in Nigeria would wake up one day, and cook up false news about you all because they want to sell their paper or be the first to break the news. I consider whosoever wrote the fallacy as a mad man/woman. I have been busy all this…
Celebrated artistes and award winning singers, Peter and Paul Okoye popularly known as PSquare clock 33 today. The famous act would be having a quiet birthday party with few family and friends at an undisclosed place. This is coming a day after Peter celebrated his one year wedding anniversary with his better half, Lola Omotayo. Born in November 18,1981,the story of P-Square began in St. Murumba secondary school, a small Catholic school in Jos. Identical twins Peter and Paul joined their school music and drama club where they began singing, dancing, and mimicking songs by MC Hammer, Bobby Brown and…