₦airaland Forum

shawn123 has said it all. am in IT industry too and 10yrs aint no joke at all. apart from MTN, CELTEL & GLO try some oil/Gas industry too. you'll discover you'll be paid more here than in the U.S. IF YOU ARE PATIENT AND NOT IN A HASTE TO GET A JOB AT ALL COST.

Why dont you google out current vacancy in naija (by putting month&year) and choose from multinationals and big coys. Am sure it wouldn't be long for you to start your own consultancy outfit.

PHEW!!!!!!!!!!!! THAT WAS QUITE LONG

nice information though.

Investor Information


National Insurance Commission (NAICOM), the regulatory body for insurance practice has stated that has commenced the liquidation of seven insurance companies.

The companies were said to have failed to raise their respective capital base in tune with their capitalisation mandate handed the operators by the Federal Government in 2005.

The companies are
* Metropolitan General Insurance Company Limited;
* Sun Insurance Nigeria Plc;
* Mutual Assurance Limited;
* Presidential Insurance Plc;
* Trustworld Insurance Company Limited;
* The Lion of Africa Insurance Company Limited; and
* Energy & Special Risks Insurance Company Limited.

Mr. Mike Umeh, Head of the commission’s Corporate Affairs Department advised the general public not to enter into any insurance transaction with these companies.

In the release titled “Takeover of Insurance Companies that Failed to Meet up With the Recently Concluded Insurance Industry Recapitalisation Exercise”, Umeh confirmed that these companies could not meet the recapitalisation deadline and as such, the commission has appointed takeover managers to oversee their liquidation.

“Following the successful completion of the recent recapitalisation exercise in the nation’s insurance industry in which 49 companies were recertified, the National Insurance Commission has appointed takeover managers to the underlisted companies which failed to meet up with the exercise,” he stated

“By this takeover, the companies have seized to exist as registered insurance companies. Consequent upon this development, the public is hereby advised to desist from dealing with these companies forthwith,” he added.

He also reassured all the stakeholders in these companies that the commission has taken necessarysteps to protect their interests in accord with theprovisions of both the 2003 Insurance Act and the 1997 National Insurance Commission Act.


WE MUST WAIT AS USUAL FOR CLARIFICATIONS ON HOW INVESTORS WILL GET THE MONIES BACK.

WE HAVE NO FURTHER INFORMATION ON THE SUBJECT TO SHARE AT THIS TIME.

WE DO HOWEVER KNOW THAT A FEW OTHER FIRMS REMAIN THAT HAVE NOT BEEN APPROVED AND FOR WHICH WE ARE STILL EXPECTING PRONOUNCEMENTS FROM NAICOM ON THEIR STATUS. WE MUST ASSUME THAT IN KEEPING QUIET, NAICOM IS SAYING THAT BUSINESS CAN GO ON WITH THESE FIRMS WHICH IS A BIT CONFUSING REALLY.



Copyright 2008 Proshare Limited. All Rights Reserved



Please what implication has this got on the shares of the general insurance sector??

whitelexi:
@All:

I have stood here watching Transcorp slide the steep journey downwards and although it is still in very turbulent waters, i am seriously tempted to go in for a swoop. . . I have actually resisted the temptation for so many months now, irrespective of what my calculations have been giving me, and will say my broker has been the one reason why i havent bought it yet because he refuses to buy it even when i threaten to move my portfolio.

Is this a case of the right kind of risk? or is it a recipe for disaster?

Exactly my feelings on Transcorp for some time. i wasnt even thinking of CICO but that they might not be worse because of all the bad news that is trailing them now. i think they might be good for long term. i hope they will get better even if i have to wait for a loooooong time.

just my (silly) thot. Let the gurus talk !!

i think this section of Nairaland is becoming a much needed stimulant to me oo. Cant do without it everyday.

Respect for all the gurus in front. We appreciate how you carry us along and answer questions on this forum. God bless you all.

Pleease answer the question about the first bank issue oo.

kojeiwa:
NTA is showing the game live? go to www.jumptv.com, register and select Nigeria, then NTA

Thanks my guy, you are the bomb!!

penfold:
and that makes me the winner,

Wonders shall never end

_{Cant believe this guy still exist}
Penfolder, waddup ?? how you dey and your wife ,

_{wetin be her name oo ??}

nike or something !!!

ibkaye:
i am king

Hey Ibukun, wats up?? Na queen you be no be king now. You fine well well reach my queen. i miss you no be small.

INFO-BABA
How you dey now. My right hand man, i don miss you no be small.
me think say they don send you go afghanistan abi na me dey miss ??

Uzzyan:
hollandis is **** ;d ;d ;d

Hollandia, you see urself??
They don yeye your kingship be dat oo !!

hollandis:
mishoo "have u been to london to see the queen"

Hollandia my man, how did you know ??
_{Scratching my almost bald head}

hollandis:
MIND YOU ,I HAVE BEEN CROWNED KING

That was in my absence, now am back. Hey jester, come and perform for me like old times.!!

[size=30pt]THE KING IS FINALLY AROUND[/size]

Pls what about their recapitalization palaver ?? Hope those guys are not losing our money?

ibkaye:
@mishooo
hmm, i guess, i mean their music is good, but sumtimes when a few of them try with the fake accents whilst rapping/singing it sounds a bit and if people in London were to hear it they'd diss o

besides do you notice most of them cant sing without putting some Naija slangs and pidgin/vernacular in their songs/raps ??

Ralvy:
Kamakazi on d Kentro Level. . .
The Freshest is Back!!!

Hmmmm

your name always reminds me of

RIVALRY      

no





ever been forced to be in love with a lady??

Guess most of them can only do well in Naija because of teh free styles and Hip hop that reigns in Naija

am cool, its just that i missed all you guys in NL, so i had to drop once in a while.

no
sabatical




Have you ever been slapped by a lady??

Ibukun my dear, how are you doing??
How is your beautifull self??

No





Did you miss me

Thinking nobody missed me

[size=35pt]THE KING IS PASSING BY[/size]

No



are you ok now??

who knows you ??

For crying out loud, wats the meaning of Idera ??
Well, you can be the last for some time .
BTW, where have you hidden Havvie, Somze, Hollandis, Jay et al
Are you sure you are not a Kidnapper ??

thinking - how i miss Acid
thinking - dont have opportunity to come and chat with all my NL folks as often as before.
thinking - Nl looks kinda boring today

wats up?

last man standing

juint grounp creader if throughty viret ol till hoiple sea

:-x :-x :-x :-x :-x :-x

Idera.N, dont mind that boy, he is not fine oo.Prize ko, Price ni