₦airaland Forum

This poem, na baba!

Pastor has eaten the forbidden fruit, without permission. Ha ha ha ha ha   

Jehovah Pastor Sharp Sharp!!!

STACO offers 1.6 billion rights issue to existing shareholders

By Nike Popoola Wednesday, 22 Sep 2010

STACO Insurance Plc has offered by way of rights issue, 1.6 billion ordinary shares of 50kobo each at 50kobo per share.

The rights issue will be on the basis of one ordinary share for every three ordinary shares held by the shareholders whose names appeared in the register of members as at the close of business on March 31, 2009.

A statement from the company on Tuesday said, during the company‘s Completion Board Meeting, The Chairman of the Board of Directors, Mr. Dere Otubu, discloded that the proceeds from the right issue would be used to enhance operation, invest in proposed new subsidiaries. It will also be used for upgrading companies and existing subsidiaries, upgrading of information technology, branch upgrade and expansion.

He noted that the reforms introduced by the Federal Government in the insurance sector, which included increased capital requirements, mandatory local content policy and the compulsory insurance policies, had geared up the sector to become one of the top performers in the economy.

He urged shareholders of the company to take up their rights in order to ensure that they continued to take full advantage of the current and potentials benefits of their investment in the company.STACO Insurance is one of the 49 insurance companies approved by the National Insurance Commission after the last consolidation exercise in the insurance sector.

http://www.proshareng.com/investors/company.php?ref=STACO

@Big B1

Where does a vote for IBB go to?

"It is literally true that you can succeed best and quickest by helping others to succeed."

-- Napolean Hill, author

On death penalty for looters of treasury, corrupt officials and kidnappers, I stand!

No shaking. His evil wings have been clipped. It has just dawned on him that Naija has advanced and not like those days. Henceforth, he will be forced to respect Nigeria and Nigerians.

Why summon NECO boss instead of Minister Of Education? Are they trying to bully the NECO boss for failing to cook the results for the olodo students?

NECO boss has no case. The students put in gabbage and NECO brought out the gabbage. Period.

Hmmnnn. Politics and its tricks. Na wa o.

Don't mind him. He knows. He is just jealous of GEJ.

Just read this:

https://www.nairaland.com/nigeria/topic-516947.0.html

Mbok, e kot mi:

https://www.nairaland.com/nigeria/topic-511531.0.html

Pass or fail, Nigeria remain same in terms of corruption. Our leaders with all the degrees in this world remain looters of treasury and epitome of leadership failure. Of what use is the paper qualification to Nigerians?

Even if the threat is real, it can't cause any real fear any where because every body is ready for any eventuality. Nigeria belongs to all. Gone are the days of docility. Any attempt will be met with "fire for fire".

Some people working in the NECO office are thanking God because they will collect atleast 10k each to upgrade the result for the failures. This is Naija, they will tell you. Corruption go kill us.

But why? _{just thinking aloud}

This thread is about forex trading, isn't it?

Yes, but it is specially dedicated to TRADE ALERTS..

So, give us trade alerts if you have any, please.

"Adventure is a state of mind - and spirit. It comes with faith, for with complete faith, there is no fear of what faces you in life or death."

-- Jacqueline Cochran, aviator

GEJ, All the way!!!    

ferari90 has come again! His anger is becoming uncontrollable because his daddy, IBB has been trashed

2010 Election: INEC to request for more time

Huhuonline.com can disclose the Independent Electoral Commission (INEC), has said that the time line it was given to conduct the 2010 election was short, and has requested for more time to enable it conduct a credible elections. In a communiqué issued at the
end of a two day retreat in Calabar, INEC secretary Abdulaihi Kaugaima, said

“Having examined the Commission’s detailed Action Plan for the voter registration and elections, the Retreat noted that the timeline for the implementation of this Plan is very tight. Consequently, the Commission shall endeavour to engage all the relevant stakeholders with a view to exploring all legal avenues for extension of time to enable the Commission to deliver on the aspirations of Nigerians for a credible voters’ register and free, fair and credible elections. Should this happen, May 29 2011 inauguration date must remain sacrosanct”.


Full Text of his statement read:


FULL TEXT OF COMMUNIQUE OF THE TWO DAY RETREAT OF THE INDEPENDENT NATIONAL ELECTORAL COMMISSION (INEC) WITH RESIDENT ELECTORAL COMMISSIONERS HELD IN AMBER HOTEL, TINAPA, CALABAR, CROSS RIVER STATEPREAMBLE

In furtherance of its objective of ensuring free, fair and credible elections, recognising the need to subject its internal structures, processes and plans to close scrutiny; desirous of carrying along all its personnel in the discharge of the onerous responsibility and conscious of its responsibilities and obligations as an election management body, the Independent National Electoral Commission (INEC) with the support of International Foundation for Election Systems (IFES) organised a two (2) day retreat for National Commissioners and Resident Electoral Commissioners (RECs) at the Amber Hotel, Tinapa, Calabar between 16th and 19th of September 2010.

Having extensively and critically deliberated on the internal processes and external dimensions affecting the whole electoral process; and in particular the upcoming Voter Registration exercise and the General Elections in 2011, the Commission observes as follows:

1. That the task of conducting free, fair and credible elections in 2011 is a collective task for all Nigerians and not the Commission alone. Therefore, the Commission reiterates its commitment to free and fair conduct of elections and calls on all Stakeholders to join in the task of achieving this objective.

2. That there is the need to severely punish electoral offenders to serve as deterrent to others. Therefore, INEC calls on the National Assembly to enact a law for the establishment of an Electoral Offences Tribunal.

3. Having examined the Commission’s detailed Action Plan for the voter registration and elections, the Retreat noted that the timeline for the implementation of this Plan is very tight. Consequently, the Commission shall endeavour to engage all the relevant stakeholders with a view to exploring all legal avenues for extension of time to enable the Commission to deliver on the aspirations of Nigerians for a credible voters’ register and free, fair and credible elections. Should this happen, May 29 2011 inauguration date must remain sacrosanct.

4. Political Parties should strictly adhere to provisions of the Electoral Act 2010 and their Constitutions in the conduct of their congresses, conventions and primaries. The Commission shall ensure strict compliance to such provisions.

5. The Commission has developed an in-house software which will be rigorously field-tested before the commencement of the registration exercise.

6. The Commission calls upon all Stakeholders to ensure that incidences of underaged registration and other abnormalities are detected and prevented during the registration and display of Voters’ Register.

7. The Commission expresses its profound appreciation to all Nigerians for their expressions of goodwill, support and cooperation, which has inspired it to continue to give its best to the success of the upcoming Voters’ Registration and Elections.

http://huhuonline.com/index.php?option=com_content&view=article&id=2037:2010-election-inec-requests-for-more-time&catid=103:more-news

Kwara State is now the Saraki family's property.

Slap!

How?

Nairaland, thank you o o o

OP

Do you have a daughter for OBJ?

^^^
Seconded

Your vote is your power!