Kayode Adelowokan, Lagos FBN Holdings Plc has announced that its subsidiary, FBN Life Assurance Limited has acquired 4,630,595,326 ordinary shares of 50kobo each representing 71.2% of the total issued ordinary share capital of Oasis Insurance Plc. Oasis Insurance Plc is a general insurance company in Nigeria, licensed to carry on non-life insurance business in Nigeria, […]
As measures to deepen insurance penetration and provide adequate protection to workers in Nigeria, the National Insurance Commission (NAICOM) and the Nigeria Labour Congress (NLC) are set to collaborate on the implementation of Compulsory Group Life Insurance in Nigeria. This was disclosed recently by both parties when the Commissioner for Insurance, NAICOM, Mr. Fola Daniel, […]
First City Monument Bank Limited has partnered with the Trade Union Congress (TUC) and Rock of Ages Properties Limited to build 100,000 housing units for workers across the country. The Bank was selected based on its track record in projects financing in all sectors of the economy. Under the arrangement, which is to be executed […]
Kayode Adelowokan, Lagos The Coalition Against Corrupt Leaders (CACOL) has censured President Goodluck Jonathan over his statement that security challenges in some parts of the country could have been worse but for the prayers of Nigerians. The President, who made this statement on Sunday at the Redeemed Christian Church of God, Olive Tree Parish, Ikoyi, […]
Ayo Balogun, Lagos The Lagos State Government has signed a bill into law recommending three years jail term to people who make false calls to its emergency dedicated phone number, 767 and 112. The bill, signed into law by Governor Babatunde Fashola of Lagos on Monday states that offenders would be liable on conviction to […]
Agabus Pwanagba, Jos The Interim Leader of the All Progressive Congress (APC), in Plateau State, Senator John Shagaya, said the APC is showing strong presence in 14 Local Governments ahead of the forthcoming council polls, saying the party can win the 14 Councils. He stated this at the party secretariat in Jos on Monday, while […]
The Management of the Nigerian National Petroleum Corporation (NNPC) has dismissed allegations that its staff collect a N25 per litre mobilization fee from marketers before allocating kerosene to them, challenging the accusers to come up with proof if any. In a statement signed by Dr Omar Farouk Ibrahim,Ag. Group General Manager of the corporation,the NNPC […]
Agabus Pwanagba, Jos The immediate past Deputy Speaker of the Plateau State Assembly and Member representing Shendam Constituency, Hon. Johnbull Shekarau has dragged all his 23 colleagues to court for removing him as deputy speaker. African Examiner recall that the former deputy speaker was impeached on the 9th, October 2013, after the resignation of the […]
…Petition ICPC, Senate, Others IGNATIUS OKPARA, Enugu Two Enugu based non-governmental organizations, NGOs have vowed to drag Prof. Onyebuchi Chukwu, Nigerian’s minister of Health, and the Federal Neuropsychiatric Hospital, Enugu to court over the recent appointment of one Oduburu Cecilia as the Principal of the School of Post Basic Psychiatric and Mental Health Nursing, Enugu. […]
Reuters) – A hijacked Ethiopian plane that landed at Geneva airport early on Monday was diverted from Rome by the co-pilot, who sought asylum due to fear of persecution in Ethiopia, police spokesman Pierre Grangean told a news conference. The unnamed co-pilot, an Ethiopian born in 1983, locked the cockpit door when the pilot went […]
The National President of Independent Petroluem Marketers Association of Nigeria (IPMAN),Alhaji Aminu Abdul kadir has described allegations that its members bribed officials of the Oil ministry as false and politically motivated. He also warned against removal of kerosene subsidy as It has the potential of triggering social unrest in the country even as he defended […]
Dr. Audu Obanta Mallam Sanusi Lamido Sanusi, would go down in history as the most controversial Governor of the Central Bank of Nigeria (CBN). From his actions and words these past five years since his appointment as the boss of the apex bank, he comes as someone who revels in controversy. No doubt his love […]
Ayo Balogun, Lagos The All Progressives Congress (APC) has accused the police of engaging in a selective enforcement of its ban on political, socio-cultural and religious rallies at the nation’s airports, saying this does not augur well for the 2015 general elections when the police is expected to be neutral and professional in carrying out […]
Ignatius Okpara in Umuahia Abia state Governor, Chief Theodore Ahamefula Orji, has declared his intention to run for the Senate in the 2015 general elections. The Governor made the declaration on Saturday at a civic reception jointly organised in his honour by the people of Ikwuano, Umuahia North and Umuahia South council areas of the […]
By Agabus Pwanagba Despite the security challenges bedeviling the North- Eastern part of the country, a group under the aegis of North East Progressive Youth for Jonathan (NPYFJ) has expressed it desire to support President Goodluck Jonathan’s if he decides to contest the 2015 Presidential election. This was stated by the Zonal Coordinator of the […]
Five northern non-partisan groups campaigning for the reelection of President Goodluck Jonathan yesterday threatened to quit for what they called “obvious insensitivity on the part of the President’s handlers.” The five groups led by the Northern Emancipation Network, NEN, based their grievances on the selfish and insincere manner those purported to be handling the Jonathan […]
…Kill 2 members of their Abductors IGNATIUS OKPARA in Aba The Anti Robbery Unit of the Aba Area Police Command, Abia state on Saturday killed two of the kidnap suspects that recently abducted a Chinese national and her husband in the commercial city. Apart from the abduction of the foreigner, Mrs Tang Bing, married to […]
By Adewale Kupoluyi Since President Goodluck Jonathan announced the plan to convene a National Dialogue during his last Independence Anniversary address, many Nigerians have been apprehensive on what is likely to be the outcome of the exercise that has been engulfed with so-much controversy due to a crisis of leadership and trust. While receiving the […]
Every Industry be it oil, telecoms, information technology, banking and the host of others are governed by Laws, providing room for an efficient, stable and properly regulated sector on behalf of the companies that are into the business of such. It pays to know that the activities of Shell, Globacom, Fedex, Procter & Gamble, Unilever […]
