MR. Jimoh Ibrahim, chairman of Nicon Insurance Group has charged the National Insurance Commission (Naicom) to be a regulator and not a bully.

ALTHOUGH the insurance industry is crowded with insurance brokers, many of them are concentrated in a particular area and don’t contribute significantly to the growth of the premium income in the sector.

THE management of Niger Insurance Plc has assured investors in the company of better days ahead saying they should be rest assured of better returns on their investment going forward.

Viewed from whatever perspective, the year 2010, could best be described as unrewarding for operators and players in the nation’s capital market, no thanks to the impact of the global financial meltdown that brought down the value of  stocks.

Mr. Boniface Okezie, president, Progressive Shareholders Association of Nigeria, has called on the Central Bank of Nigeria (CBN) to regulate the banking industry with caution and human face.

The long-anticipated removal and upward review of the five per cent share-price movement cap (appreciation or depreciation) at the Nigerian Stock Exchange (NSE) may not be implemented soon, BusinessWorld can reveal.

STANBIC IBTC Bank, a member of the Standard Bank Group has commissioned its Lagos mainland regional office located on Allen Avenue, Ikeja, Lagos, to cater to the personal and business banking needs of its customers within Ikeja and environs.

ECOBANK has upgraded its regional card (Debit/ATM card) services to enable customers’ access their naira accounts via over 8,000 Ecobank and non Ecobank ATMs and POS terminals in Nigeria and Ecobank ATMs in over 30 countries in Africa.