2010 Accounts - Nairametrics · BANKERS: First Bank of Nigeria Plc. Fidelity Bank Plc. Guaranty...
64
Annual Report & Accounts 2010 ...a welcome relief OASIS INSURANCE CONTENTS PAGE Directors and Professional Advisers 2 Results at a Glance 3 Notice of Annual General Meeting 4 - 5 Chairman’s Statement 6 - 9 Board of Directors 10 - 11 Report of the Directors 12 - 17 Report of the Audit Committee 18 AUDITED FINANCIAL STATEMENTS Report of the Independent Auditors 19 Statement of Significant Accounting Policies 20 - 28 Executive Management 29 Balance Sheet 30 Profit and Loss Account 31 Detailed Revenue Account 32 Statement of Cashflow 33 Notes to the Financial Statements 34 - 44 Statement of Value Added 45 Five-Year Financial Summary 46 Non Life Revenue and Profit and Loss Account 47 General Accident – Revenue Account 48 Fire – Revenue Account 49 Marine – Revenue Account 50 Motor – Revenue Account 51 Unclaimed Dividend 52 - 60 E-Dividend Mandate Form 61 Proxy Form 63 1
Transcript of 2010 Accounts - Nairametrics · BANKERS: First Bank of Nigeria Plc. Fidelity Bank Plc. Guaranty...
A n n u a lReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
CONTENTS PAGE
Directors and Professional Advisers 2
Results at a Glance 3
Notice of Annual General Meeting 4 - 5
Chairman’s Statement 6 - 9
Board of Directors 10 - 11
Report of the Directors 12 - 17
Report of the Audit Committee 18
AUDITED FINANCIAL STATEMENTS
Report of the Independent Auditors 19
Statement of Significant Accounting Policies 20 - 28
Executive Management 29
Balance Sheet 30
Profit and Loss Account 31
Detailed Revenue Account 32
Statement of Cashflow 33
Notes to the Financial Statements 34 - 44
Statement of Value Added 45
Five-Year Financial Summary 46
Non Life Revenue and Profit and Loss Account 47
General Accident – Revenue Account 48
Fire – Revenue Account 49
Marine – Revenue Account 50
Motor – Revenue Account 51
Unclaimed Dividend 52 - 60
E-Dividend Mandate Form 61
Proxy Form 63
1
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
DIRECTORS AND PROFESSIONAL ADVISERS
DIRECTORS: Chief S. I. Adegbite, OFR ChairmanB.O. Oshadiya Managing DirectorChief J. A. Odeyemi, MFRMrs. Seinye O.B. Lulu-BriggsO. OkeowoA. G. AdegbiteO. O. FoworaR. O. BalogunG. O. Omosehin appointed 16th December, 2010Y. A. Adewusi appointed 16th December, 2010Dr R. C. Obieri OON retired 30th October, 2010M. O. Sofela retired 31st December, 2010
REGISTERED OFFICE: Oasis House298, Ikorodu Road AnthonyLagos
SECRETARIES: Skil Associates22A Glover Road,Ikoyi,Lagos
AUDITORS: Doyin Owolabi & Co (Chartered Accountants)14, Falolu Street,Surulere, Lagos
REGISTRARS: Intercontinental Registrars274 Murtala Mohammed WayAlagomeji, Yaba,Lagos
SOLICITORS: Messrs Idowu Sofola & CoEreke House4th & 5th Floors Plot 15, IPM RoadC.B.D., AlausaLagos
BANKERS: First Bank of Nigeria Plc.Fidelity Bank Plc.Guaranty Trust Bank Plc.
2
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
RESULTS AT A GLANCE
2010 2009
N'000 N'000
Major Balance Sheet Items
Investments 1,537,300 1,666,403
Fixed assets 1,118,893 583,998
Insurance funds 240,703 181,124
Share capital 3,251,753 2,501,753
Contingency reserve 184,040 160,254
Shareholders' funds 3,471,976 3,027,193
Total assets 3,928,413 3,424,867
Major Profit and Loss Items
Gross premium 1,226,181 895,075
Investment income (5,430) 72,481
Underwriting profit 730,521 571,965
Profit /loss before taxation 97,906 (39,140)
Profit/loss after taxation 61,427 (95,537)
3
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
DIRECTORS AND PROFESSIONAL ADVISERS
DIRECTORS: Chief S. I. Adegbite, OFR ChairmanB.O. Oshadiya Managing DirectorChief J. A. Odeyemi, MFRMrs. Seinye O.B. Lulu-BriggsO. OkeowoA. G. AdegbiteO. O. FoworaR. O. BalogunG. O. Omosehin appointed 16th December, 2010Y. A. Adewusi appointed 16th December, 2010Dr R. C. Obieri OON retired 30th October, 2010M. O. Sofela retired 31st December, 2010
REGISTERED OFFICE: Oasis House298, Ikorodu Road AnthonyLagos
SECRETARIES: Skil Associates22A Glover Road,Ikoyi,Lagos
AUDITORS: Doyin Owolabi & Co (Chartered Accountants)14, Falolu Street,Surulere, Lagos
REGISTRARS: Intercontinental Registrars274 Murtala Mohammed WayAlagomeji, Yaba,Lagos
SOLICITORS: Messrs Idowu Sofola & CoEreke House4th & 5th Floors Plot 15, IPM RoadC.B.D., AlausaLagos
BANKERS: First Bank of Nigeria Plc.Fidelity Bank Plc.Guaranty Trust Bank Plc.
2
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
RESULTS AT A GLANCE
2010 2009
N'000 N'000
Major Balance Sheet Items
Investments 1,537,300 1,666,403
Fixed assets 1,118,893 583,998
Insurance funds 240,703 181,124
Share capital 3,251,753 2,501,753
Contingency reserve 184,040 160,254
Shareholders' funds 3,471,976 3,027,193
Total assets 3,928,413 3,424,867
Major Profit and Loss Items
Gross premium 1,226,181 895,075
Investment income (5,430) 72,481
Underwriting profit 730,521 571,965
Profit /loss before taxation 97,906 (39,140)
Profit/loss after taxation 61,427 (95,537)
3
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
4
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
5
NOTICE OF ANNUAL GENERAL MEETING NOTICE OF ANNUAL GENERAL MEETING (Contd)
NOTICE IS HEREBY GIVEN that the 18th Annual General Meeting of members of Oasis Insurance Plc will be
held at Damola Hall, Kakanfo Inn, 1, Nihinlola Street, Off Joyce'B Road, M. K. O Abiola Way (Ring Road),
Ibadan, Oyo State on Friday 26th August 2011 at 11 a.m. to transact the following business:
ORDINARY BUSINESS
1 To receive the directors report, the Audited Financial Statements for the year ended 31st December,
2010, and the Reports of the Auditors and Audit Committee thereon.
2 To elect / re-elect Directors
3 To appoint Doyin Owolabi & Co Chartered Accountants as Auditors of the Company in place of Ernst
& Young Professional Services.
4 To authorize the Directors to fix the remuneration of the Auditors
5 To elect members of the Audit Committee
SPECIAL BUSINESS
6 To approve the remuneration of the directors
Notes:
Proxies
A member of the Company entitled to attend and vote at the meeting is entitled to appoint a proxy to attend
and vote in his stead. A proxy need not be a member of the Company. Proxy forms must be completed and
deposited at the office of the Company's Registrars, Intercontinental Registrars, 274 Murtala Mohammed Way,
Alagomeji, Yaba, Lagos not later than 48 hours before the time of the meeting.
Nomination for the Audit Committee
In accordance with Section 359(5) of the Companies and Allied Matters Act, Cap. C20, Laws of the
Federation of Nigeria, 2004, any shareholder may nominate another shareholder as a member of the Audit
Committee by giving notice in writing of such nomination to the Company Secretary at least 21 days before
the Annual General Meeting.
Closure of Register
The Register of Members and Transfer Books of the Company will be closed from Monday 15th to Friday 19th
August 2011.
BY ORDER OF THE BOARD
S. K. OSEDO (MRS)
SKIL ASSOCIATES
COMPANY SECRETARY
Dated this 26th day of July 2011
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
4
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
5
NOTICE OF ANNUAL GENERAL MEETING NOTICE OF ANNUAL GENERAL MEETING (Contd)
NOTICE IS HEREBY GIVEN that the 18th Annual General Meeting of members of Oasis Insurance Plc will be
held at Damola Hall, Kakanfo Inn, 1, Nihinlola Street, Off Joyce'B Road, M. K. O Abiola Way (Ring Road),
Ibadan, Oyo State on Friday 26th August 2011 at 11 a.m. to transact the following business:
ORDINARY BUSINESS
1 To receive the directors report, the Audited Financial Statements for the year ended 31st December,
2010, and the Reports of the Auditors and Audit Committee thereon.
2 To elect / re-elect Directors
3 To appoint Doyin Owolabi & Co Chartered Accountants as Auditors of the Company in place of Ernst
& Young Professional Services.
4 To authorize the Directors to fix the remuneration of the Auditors
5 To elect members of the Audit Committee
SPECIAL BUSINESS
6 To approve the remuneration of the directors
Notes:
Proxies
A member of the Company entitled to attend and vote at the meeting is entitled to appoint a proxy to attend
and vote in his stead. A proxy need not be a member of the Company. Proxy forms must be completed and
deposited at the office of the Company's Registrars, Intercontinental Registrars, 274 Murtala Mohammed Way,
Alagomeji, Yaba, Lagos not later than 48 hours before the time of the meeting.
Nomination for the Audit Committee
In accordance with Section 359(5) of the Companies and Allied Matters Act, Cap. C20, Laws of the
Federation of Nigeria, 2004, any shareholder may nominate another shareholder as a member of the Audit
Committee by giving notice in writing of such nomination to the Company Secretary at least 21 days before
the Annual General Meeting.
Closure of Register
The Register of Members and Transfer Books of the Company will be closed from Monday 15th to Friday 19th
August 2011.
BY ORDER OF THE BOARD
S. K. OSEDO (MRS)
SKIL ASSOCIATES
COMPANY SECRETARY
Dated this 26th day of July 2011
CHAIRMAN’S STATEMENT
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
Fellow Shareholders, Members of the Board of Directors, Ladies and Gentlemen,
I am delighted to welcome you to this year's Annual General Meeting and to present a summary of our operating
results and the key achievements of your company for the financial year ended 31st December, 2010. As is
customary, I will provide a brief overview of the macroeconomic operating environment and highlight our
company's scorecard during the period under review.
Business Environment
The country witnessed a peaceful transfer of power from the late President Umaru Musa Yar'Adua's administration
to his vice president, now President Goodluck Jonathan. President Jonathan has since showed his commitment to
build on the work of Yar'Adua's administration and continues to address the issues in the Niger Delta. Political
stability, being a major factor for economic growth, was facilitated by the resolution of the Niger Delta crisis. In a
way this increased foreign investor's confidence in our country.
For the year, where world economies achieved a mild growth of 3.9%, emerging economies, including the Brazil,
Russia, India and China recorded an impressive growth of 6.5% and growth seen in Nigeria was even more
impressive at 7.8%
Nigeria's average oil output for 2010 was 2.6 million barrels of crude oil per day, an 18 % improvement on
2.2million barrels per day in 2009 and government initiatives have encouraged the speedy growth of Nigeria's gas
industry. Militancy in the Niger Delta abated following the Federal Government Amnesty and development
programs. The CBN was able to defend the Naira and kept the foreign exchange rate within the 3% corridor. The
exchange rate depreciated to N149.17 from N147.60.
The enactment of the Asset Management Corporation of Nigeria (AMCON) in November 2010 was soon
followed by the purchase of N1.9 trillion worth of CBN declared bad assets from banks. This immediately provided
for healthier balance sheets on all the banks. The Securities and Exchange Commission also took dramatic steps in
sanitizing the Nigerian Stock Exchange thereby restoring confidence within the financial system overall. The
Capital market grew by 18.9% in 2010 as opposed to the 33.8% drop experienced in 2009 (45.8% drop in 2008).
Analysts were fairly confident of the market prospects given the measures taken by the regulators.
The insurance market is beginning to experience some growth following the passage of the Local Content Act and
the many laudable policy measures introduced by the Federal Government to stimulate the Real sector. The state of
power generation, inadequate infrastructural facilities, insecurity and some of the CBN banking reforms however
affected investor's confidence and it is hoped the economy will soon overcome these.
Deposit rates stayed low at single digit levels for most of the year as the Central Bank of Nigeria (CBN) maintained a
tight monetary policy position with MPR at 6%. Consequently, Federal and State Government bond yields also
remained low with bond prices rising significantly. The Consumer Price Index averaged 13.7% for the year.
7
OASIS INSURANCE
CHAIRMAN’S STATEMENT
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
Fellow Shareholders, Members of the Board of Directors, Ladies and Gentlemen,
I am delighted to welcome you to this year's Annual General Meeting and to present a summary of our operating
results and the key achievements of your company for the financial year ended 31st December, 2010. As is
customary, I will provide a brief overview of the macroeconomic operating environment and highlight our
company's scorecard during the period under review.
Business Environment
The country witnessed a peaceful transfer of power from the late President Umaru Musa Yar'Adua's administration
to his vice president, now President Goodluck Jonathan. President Jonathan has since showed his commitment to
build on the work of Yar'Adua's administration and continues to address the issues in the Niger Delta. Political
stability, being a major factor for economic growth, was facilitated by the resolution of the Niger Delta crisis. In a
way this increased foreign investor's confidence in our country.
For the year, where world economies achieved a mild growth of 3.9%, emerging economies, including the Brazil,
Russia, India and China recorded an impressive growth of 6.5% and growth seen in Nigeria was even more
impressive at 7.8%
Nigeria's average oil output for 2010 was 2.6 million barrels of crude oil per day, an 18 % improvement on
2.2million barrels per day in 2009 and government initiatives have encouraged the speedy growth of Nigeria's gas
industry. Militancy in the Niger Delta abated following the Federal Government Amnesty and development
programs. The CBN was able to defend the Naira and kept the foreign exchange rate within the 3% corridor. The
exchange rate depreciated to N149.17 from N147.60.
The enactment of the Asset Management Corporation of Nigeria (AMCON) in November 2010 was soon
followed by the purchase of N1.9 trillion worth of CBN declared bad assets from banks. This immediately provided
for healthier balance sheets on all the banks. The Securities and Exchange Commission also took dramatic steps in
sanitizing the Nigerian Stock Exchange thereby restoring confidence within the financial system overall. The
Capital market grew by 18.9% in 2010 as opposed to the 33.8% drop experienced in 2009 (45.8% drop in 2008).
Analysts were fairly confident of the market prospects given the measures taken by the regulators.
The insurance market is beginning to experience some growth following the passage of the Local Content Act and
the many laudable policy measures introduced by the Federal Government to stimulate the Real sector. The state of
power generation, inadequate infrastructural facilities, insecurity and some of the CBN banking reforms however
affected investor's confidence and it is hoped the economy will soon overcome these.
Deposit rates stayed low at single digit levels for most of the year as the Central Bank of Nigeria (CBN) maintained a
tight monetary policy position with MPR at 6%. Consequently, Federal and State Government bond yields also
remained low with bond prices rising significantly. The Consumer Price Index averaged 13.7% for the year.
7
OASIS INSURANCE
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
9
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
8
Corporate Governance
Your company is well focused on responsible corporate governance tenets and this has been further reinforced by
the recent launching of Code of Corporate Governance by the NAICOM for industry wide application. May I use
this medium to reiterate our total commitment to the principle of fair play and good corporate citizenship in the
marketplace.
Operating Results
The company's gross premium income for the year 2009 was N895m as compared with N1.226bn in the current
year showing a growth over the previous year of 37%. The underwriting profit increased to N730m in 2010 from
N572m in 2009, thereby recording a 21% improvement. From a loss of N39m in 2009, we ended the year 2010
with a profit before tax of N97m.
In view of the losses of the previous years which impacted negatively on our reserves, the Directors are unable to
recommend a dividend to Shareholders at this Annual General Meeting. It is however good to note that your
company has returned to profitability.
Board and Management
Since the last Annual General Meeting, Dr R.C. Obieri and Mr. M.O. Sofela both retired from the Board. They both
brought a wealth of experience to the management of the company and served on the board with utmost
professionalism. Dr R.C. Obieri continues to be a most esteemed shareholder of the company.
Mr. Yomi Adewusi joined the Board as a Non Executive Director. He has over two decades of experience in the
Nigerian Banking and Finance Sectors. Mr. Rotimi Omosehin, a Chartered Accountant of good standing also
joined the Board as a Non Executive Director. On your behalf, I welcome the two Directors on board and look
forward to their valuable contributions to the Company's growth.
Future Outlook
The volume of business written by insurance companies grew by 33.5% in 2009 and this percentage was
surpassed in 2010. When the issues of insurance awareness, product development and distribution are addressed
coupled with the implementation of NAICOM's Market Development and Restructuring Initiatives which
emphasizes the enforcement of compulsory insurances, this company will be positioned to benefit immensely.
The Oil and gas sector being the main stay of the economy coupled with the level playing field provided by the
Petroleum Industry Bill, the company is presented with the opportunity to grow its Oil and Gas business
significantly. We have observed a significant growth in our number of oil and gas clients and hope to develop the
knowledge base and to leverage on this sector.
The equity investment climate in the country remains unimpressive while the company focused on fixed income
investments which, unfortunately, offered low rates of returns. This has led Management to review their focus on the
investment market from high yield investment strategies to low risk strategies that will safeguard the company's
assets. The investment business will continue to focus on diversified long term investments that will yield maximum
returns given a low risk based profile.
Conclusion
2010 was a very challenging year for all, but with the support of our many business associates we have been able to
remain a relevant force in the market. We thank all our business partners for their contributions to our success and
look forward to a brighter future together.
I wish to extend the gratitude of the Board of Directors to all our valued customers and brokers for their patronage,
resilience and loyal support during the year under review.
Finally, I thank the management and staff for the commitment to the Company and admonish them to strive harder
for the challenge that is the future.
Thank you for your kind attention.
Chief Samuel I. Adegbite, OFR
Chairman
CHAIRMAN’S STATEMENT (Contd) CHAIRMAN’S STATEMENT (Contd)
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
9
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
8
Corporate Governance
Your company is well focused on responsible corporate governance tenets and this has been further reinforced by
the recent launching of Code of Corporate Governance by the NAICOM for industry wide application. May I use
this medium to reiterate our total commitment to the principle of fair play and good corporate citizenship in the
marketplace.
Operating Results
The company's gross premium income for the year 2009 was N895m as compared with N1.226bn in the current
year showing a growth over the previous year of 37%. The underwriting profit increased to N730m in 2010 from
N572m in 2009, thereby recording a 21% improvement. From a loss of N39m in 2009, we ended the year 2010
with a profit before tax of N97m.
In view of the losses of the previous years which impacted negatively on our reserves, the Directors are unable to
recommend a dividend to Shareholders at this Annual General Meeting. It is however good to note that your
company has returned to profitability.
Board and Management
Since the last Annual General Meeting, Dr R.C. Obieri and Mr. M.O. Sofela both retired from the Board. They both
brought a wealth of experience to the management of the company and served on the board with utmost
professionalism. Dr R.C. Obieri continues to be a most esteemed shareholder of the company.
Mr. Yomi Adewusi joined the Board as a Non Executive Director. He has over two decades of experience in the
Nigerian Banking and Finance Sectors. Mr. Rotimi Omosehin, a Chartered Accountant of good standing also
joined the Board as a Non Executive Director. On your behalf, I welcome the two Directors on board and look
forward to their valuable contributions to the Company's growth.
Future Outlook
The volume of business written by insurance companies grew by 33.5% in 2009 and this percentage was
surpassed in 2010. When the issues of insurance awareness, product development and distribution are addressed
coupled with the implementation of NAICOM's Market Development and Restructuring Initiatives which
emphasizes the enforcement of compulsory insurances, this company will be positioned to benefit immensely.
The Oil and gas sector being the main stay of the economy coupled with the level playing field provided by the
Petroleum Industry Bill, the company is presented with the opportunity to grow its Oil and Gas business
significantly. We have observed a significant growth in our number of oil and gas clients and hope to develop the
knowledge base and to leverage on this sector.
The equity investment climate in the country remains unimpressive while the company focused on fixed income
investments which, unfortunately, offered low rates of returns. This has led Management to review their focus on the
investment market from high yield investment strategies to low risk strategies that will safeguard the company's
assets. The investment business will continue to focus on diversified long term investments that will yield maximum
returns given a low risk based profile.
Conclusion
2010 was a very challenging year for all, but with the support of our many business associates we have been able to
remain a relevant force in the market. We thank all our business partners for their contributions to our success and
look forward to a brighter future together.
I wish to extend the gratitude of the Board of Directors to all our valued customers and brokers for their patronage,
resilience and loyal support during the year under review.
Finally, I thank the management and staff for the commitment to the Company and admonish them to strive harder
for the challenge that is the future.
Thank you for your kind attention.
Chief Samuel I. Adegbite, OFR
Chairman
CHAIRMAN’S STATEMENT (Contd) CHAIRMAN’S STATEMENT (Contd)
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
10
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
11
BOARD OF DIRECTORS 1. Mr. B. O. Oshadiya - MD
2. Chief J. A. Odeyemi MFR
3. Mrs. Seinye O. B. Lulu-Briggs
4. Mr. O. Okeowo
5. Mr. G. O. Omosehin
6. Mr. Y. A. Adewusi
7. Mr. A. G. Adegbite - E.D.F
8. Mr. O. O Fowora - E.D.O
9. Mr. R. O. Balogun - E.D.M
OASIS INSURANCEOASIS INSURANCE
12 3
4 5 6
7 8 9
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
10
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
11
BOARD OF DIRECTORS 1. Mr. B. O. Oshadiya - MD
2. Chief J. A. Odeyemi MFR
3. Mrs. Seinye O. B. Lulu-Briggs
4. Mr. O. Okeowo
5. Mr. G. O. Omosehin
6. Mr. Y. A. Adewusi
7. Mr. A. G. Adegbite - E.D.F
8. Mr. O. O Fowora - E.D.O
9. Mr. R. O. Balogun - E.D.M
OASIS INSURANCEOASIS INSURANCE
12 3
4 5 6
7 8 9
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED DECEMBER 31, 2010
12
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
ANALYSIS OF SHAREHOLDINGThe directors submit their report together with the financial statements of the company for year ended December 31, 2010.
RESULT N'000
The profit for the year after taxation 85,213
Less: transfer to contingency reserve (23,786)
61,427
LEGAL FORM AND COMMENCEMENT OF BUSINESS
The company was incorporated on November 9th, 1992 as a private limited liability company. It commenced business on October 8, 1993.
PRINCIPAL ACTIVITIES
The company is engaged in general insurance business.
DIRECTORS AND DIRECTORS INTERESTS
1. The names of the directors are listed on page 2
2. In accordance with Article 89 of the company's Articles of Association, Chief S. I. Adegbite and Chief J. A. Odeyemi retired by rotation and being eligible offer themselves for re-election.
Mr. G. O Omosehin and Mr. Y. A Adewusi appointed after the last Annual General Meeting retire and being eligible also offer themselves for re-election.
3. Chief S. I. Adegbite, OFR, Mr. G. O. Omosehin represent Oasis Group Limited, which held 2,813,268,686 ordinary shares of 50 kobo each in the company as at December 31, 2010
4. Interests of directors in the issued share capital of the company as at December 31, 2010
13
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd)
2010 % 2009 %
No of share No of share
Oasis Group Limited 2,813,268,686 43.26 1,313,268,686 26.25
Harmony Trust and Investment
Company Ltd 500,000,000 7.69 500,000,000 7.69
Mrs. Seinye O.B. Lulu-Briggs 500,350.679 7.69 500,350.679 10.00
Other Nigerian Shareholders 2,689,887,426 41.36 2,689,887,426 53.76
6,503,506,791 100.00 5,003,506,791 100.00
At December 31, 2010 no individual shareholder other than as noted above held more than 5% of the issued and paid up capital of the company.
DIRECTORS' RESPONSIBILITIES
The directors are responsible for the preparation of financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year, and of the profit or loss for that year, and comply with the Insurance Act, 2003 and Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004.
In doing so, they ensure that:
- Proper accounting records are maintained;
- Applicable accounting standards are followed;
- Suitable accounting policies are adopted and consistently applied;
- Judgments and estimates made are reasonable and prudent;
- Internal control procedures are instituted which, as far as is reasonably possible, safeguard the asset and prevent and detect fraud and other irregularities and
- The going concern basis is used, unless it is inappropriate to presume that the company will continue in business.
FIXED ASSETS
Movements in fixed assets are shown in note 8 on page 36. The directors are of the opinion that the market value of the company's assets is not less than the value shown in the financial statements.
Number of Shares
2010 2009
Direct Indirect
Chief S. I. Adegbite, OFR - 2,813,268,686 - 1,313,268,686
Mrs. Seinye O. B. Lulu-Briggs 500,350,679 - 500,350,679 -
Chief J. A. Odeyemi, MFR 17,359,690 - 17,359,690 -
B. O. Oshadiya 3,000,000 - 3,000,000 -
O. O. Fowora 6,357,000 - 6,357,000 -
Y. A. Adewusi 250,000 - - -
A. G. Adegbite - - - -
R. O. Balogun - - - -
G. O. Omosehin - - - -
O. Okeowo - - - -
Direct Indirect
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED DECEMBER 31, 2010
12
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
ANALYSIS OF SHAREHOLDINGThe directors submit their report together with the financial statements of the company for year ended December 31, 2010.
RESULT N'000
The profit for the year after taxation 85,213
Less: transfer to contingency reserve (23,786)
61,427
LEGAL FORM AND COMMENCEMENT OF BUSINESS
The company was incorporated on November 9th, 1992 as a private limited liability company. It commenced business on October 8, 1993.
PRINCIPAL ACTIVITIES
The company is engaged in general insurance business.
DIRECTORS AND DIRECTORS INTERESTS
1. The names of the directors are listed on page 2
2. In accordance with Article 89 of the company's Articles of Association, Chief S. I. Adegbite and Chief J. A. Odeyemi retired by rotation and being eligible offer themselves for re-election.
Mr. G. O Omosehin and Mr. Y. A Adewusi appointed after the last Annual General Meeting retire and being eligible also offer themselves for re-election.
3. Chief S. I. Adegbite, OFR, Mr. G. O. Omosehin represent Oasis Group Limited, which held 2,813,268,686 ordinary shares of 50 kobo each in the company as at December 31, 2010
4. Interests of directors in the issued share capital of the company as at December 31, 2010
13
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd)
2010 % 2009 %
No of share No of share
Oasis Group Limited 2,813,268,686 43.26 1,313,268,686 26.25
Harmony Trust and Investment
Company Ltd 500,000,000 7.69 500,000,000 7.69
Mrs. Seinye O.B. Lulu-Briggs 500,350.679 7.69 500,350.679 10.00
Other Nigerian Shareholders 2,689,887,426 41.36 2,689,887,426 53.76
6,503,506,791 100.00 5,003,506,791 100.00
At December 31, 2010 no individual shareholder other than as noted above held more than 5% of the issued and paid up capital of the company.
DIRECTORS' RESPONSIBILITIES
The directors are responsible for the preparation of financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year, and of the profit or loss for that year, and comply with the Insurance Act, 2003 and Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004.
In doing so, they ensure that:
- Proper accounting records are maintained;
- Applicable accounting standards are followed;
- Suitable accounting policies are adopted and consistently applied;
- Judgments and estimates made are reasonable and prudent;
- Internal control procedures are instituted which, as far as is reasonably possible, safeguard the asset and prevent and detect fraud and other irregularities and
- The going concern basis is used, unless it is inappropriate to presume that the company will continue in business.
FIXED ASSETS
Movements in fixed assets are shown in note 8 on page 36. The directors are of the opinion that the market value of the company's assets is not less than the value shown in the financial statements.
Number of Shares
2010 2009
Direct Indirect
Chief S. I. Adegbite, OFR - 2,813,268,686 - 1,313,268,686
Mrs. Seinye O. B. Lulu-Briggs 500,350,679 - 500,350,679 -
Chief J. A. Odeyemi, MFR 17,359,690 - 17,359,690 -
B. O. Oshadiya 3,000,000 - 3,000,000 -
O. O. Fowora 6,357,000 - 6,357,000 -
Y. A. Adewusi 250,000 - - -
A. G. Adegbite - - - -
R. O. Balogun - - - -
G. O. Omosehin - - - -
O. Okeowo - - - -
Direct Indirect
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
14
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
15
POST BALANCE SHEET EVENTS
There were no events which could have had a material effect on the state of affairs of the company as at December 31, 2010, and the profit for the year ended on that date which have not been adequately provided for or disclosed.
EMPLOYMENT AND EMPLOYEES
1. Employment of disable persons
It is the policy of the company that there should be no discrimination in considering applications for employment including those from disabled persons. All employees whether or not disabled are given equal opportunities to develop. The company had no disabled person in its employment as at December 31, 2010.
2. Health, safety at work and welfare of employees
Health and safety regulations are in force within the company's premises and employees are aware of existing regulations. The company provides subsidy to all employees for medical, transportation, housing and lunch.
3. Employees' involvement and training
The company is committed to keeping employees fully informed as much as possible regarding the company's performance and progress and seeking their views wherever practicable on matters, which particularly affect them as employees. Training is carried out at various levels through both in-house and external courses. Management, professional and technical expertise are the company's major assets and investment in their further development continues.
CORPORATE GOVERNANCE
Oasis Insurance Plc undertakes to conduct its business in strict accordance with internationally accepted standards of good corporate governance. Among others, this means that we undertake to provide timely, reliable and regular information on our operations, finances and performance to all our shareholders and regulatory authorities.
AUDIT COMMITTEE
Pursuant to Section 359 (3) of the Companies and Allied Matters Act of 1990, the company has an Audit Committee comprising three shareholders and three directors as follows: Mr. E. O. Eleoramo, Mr. G. O. Omosehin, Mr. O. Okeowo, Mr. A. G Adegbite, Prince M. A. Abidoye and Mr. O. O. Oyetunde. The functions of the Audit Committee are as laid down in Section 357 (6) of Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004.ss
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd)BOARD OF DIRECTORS MEETINGS
Chief S I Adegbite
Dr R C Obieri *
Chief J A Odeyemi
Mr M O Sofela *
Mrs S Lulu- Briggs
Mr O Okeowo
Mr B O Oshadiya
Mr O O Fowora
Mr A G Adegbite
Mr R O Balogun
2/17/2010 9/30/2010 10/21/2010 12/16/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
FINANCE AND GENERAL PURPOSE COMMITTEE MEETINGS
Dr R C Obieri *
Mr M O Sofela *
Mr G O Omosehin
Mr B O Oshadiya
Mr O O Fowora
Mr A G Adegbite
Mr R O Balogun
Mr A L Akintoye *
Mr M K Yusuf
Mr H A Salami
2/10/2010 23/19/2010 12/14/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
ESTABLISHMENT COMMITTEE MEETINGS
Chief J A Odeyemi
Mr R I Oderinu
Mr B O Oshadiya
Mr O O Fowora
Mr A G Adegbite
Mr R O Balogun
Mr E O Ayeni *
Mr A L Akintoye *
Mr K A Bello
2/9/2010 5/5/2010 9/15/2010 12/14/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
14
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
15
POST BALANCE SHEET EVENTS
There were no events which could have had a material effect on the state of affairs of the company as at December 31, 2010, and the profit for the year ended on that date which have not been adequately provided for or disclosed.
EMPLOYMENT AND EMPLOYEES
1. Employment of disable persons
It is the policy of the company that there should be no discrimination in considering applications for employment including those from disabled persons. All employees whether or not disabled are given equal opportunities to develop. The company had no disabled person in its employment as at December 31, 2010.
2. Health, safety at work and welfare of employees
Health and safety regulations are in force within the company's premises and employees are aware of existing regulations. The company provides subsidy to all employees for medical, transportation, housing and lunch.
3. Employees' involvement and training
The company is committed to keeping employees fully informed as much as possible regarding the company's performance and progress and seeking their views wherever practicable on matters, which particularly affect them as employees. Training is carried out at various levels through both in-house and external courses. Management, professional and technical expertise are the company's major assets and investment in their further development continues.
CORPORATE GOVERNANCE
Oasis Insurance Plc undertakes to conduct its business in strict accordance with internationally accepted standards of good corporate governance. Among others, this means that we undertake to provide timely, reliable and regular information on our operations, finances and performance to all our shareholders and regulatory authorities.
AUDIT COMMITTEE
Pursuant to Section 359 (3) of the Companies and Allied Matters Act of 1990, the company has an Audit Committee comprising three shareholders and three directors as follows: Mr. E. O. Eleoramo, Mr. G. O. Omosehin, Mr. O. Okeowo, Mr. A. G Adegbite, Prince M. A. Abidoye and Mr. O. O. Oyetunde. The functions of the Audit Committee are as laid down in Section 357 (6) of Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004.ss
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd)BOARD OF DIRECTORS MEETINGS
Chief S I Adegbite
Dr R C Obieri *
Chief J A Odeyemi
Mr M O Sofela *
Mrs S Lulu- Briggs
Mr O Okeowo
Mr B O Oshadiya
Mr O O Fowora
Mr A G Adegbite
Mr R O Balogun
2/17/2010 9/30/2010 10/21/2010 12/16/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
FINANCE AND GENERAL PURPOSE COMMITTEE MEETINGS
Dr R C Obieri *
Mr M O Sofela *
Mr G O Omosehin
Mr B O Oshadiya
Mr O O Fowora
Mr A G Adegbite
Mr R O Balogun
Mr A L Akintoye *
Mr M K Yusuf
Mr H A Salami
2/10/2010 23/19/2010 12/14/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
ESTABLISHMENT COMMITTEE MEETINGS
Chief J A Odeyemi
Mr R I Oderinu
Mr B O Oshadiya
Mr O O Fowora
Mr A G Adegbite
Mr R O Balogun
Mr E O Ayeni *
Mr A L Akintoye *
Mr K A Bello
2/9/2010 5/5/2010 9/15/2010 12/14/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
17
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
16
AUDIT COMMITTEE MEETINGS
Mr. O.E. Eleoramo
Mr. O. Okeowo
Mr. O.E. Oyetunde
Mr. O.O. Fowora
Mr. M.O. Sofela *
Prince M.A. Abidoye
Mr. A.G. Adegbite
2/19/2010 8/17/2010 11/10/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
11/25/2010
*
*
*
*
*
*
*
*
*
*
12/16/2010
INSURANCE TECHNICAL COMMITTEE MEETINGS
Mr. E K Okunoren
Mr. B O Oshadiya
Mr. O O Fowora
Mr. R O Balogun
Mr. A G Adegbite
Mr. E O Ayeni *
Mr. A L Akintoye *
Mrs. G C Elue
Mrs. T O Bello
Mr. B O Olasehinde
Mrs J U Agweh
Mr A O Agboola
Miss J M Ilori
2/12/2010 4/28/2010 7/20/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
12/8/2010
*
*
*
*
*
*
*
*
*
AUDITORS
Doyin Owolabi & Co (Chartered Accountants), having expressed their willingness , will continue in office as the Company's auditors in accordance with Section 357 (2) of the Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004.
BY ORDER OF THE BOARD
SKIL ASSOCIATES
Secretaries
May 31, 2011
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd)
Note: * Resigned from the company in the course of the year
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
17
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
16
AUDIT COMMITTEE MEETINGS
Mr. O.E. Eleoramo
Mr. O. Okeowo
Mr. O.E. Oyetunde
Mr. O.O. Fowora
Mr. M.O. Sofela *
Prince M.A. Abidoye
Mr. A.G. Adegbite
2/19/2010 8/17/2010 11/10/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
11/25/2010
*
*
*
*
*
*
*
*
*
*
12/16/2010
INSURANCE TECHNICAL COMMITTEE MEETINGS
Mr. E K Okunoren
Mr. B O Oshadiya
Mr. O O Fowora
Mr. R O Balogun
Mr. A G Adegbite
Mr. E O Ayeni *
Mr. A L Akintoye *
Mrs. G C Elue
Mrs. T O Bello
Mr. B O Olasehinde
Mrs J U Agweh
Mr A O Agboola
Miss J M Ilori
2/12/2010 4/28/2010 7/20/2010
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
12/8/2010
*
*
*
*
*
*
*
*
*
AUDITORS
Doyin Owolabi & Co (Chartered Accountants), having expressed their willingness , will continue in office as the Company's auditors in accordance with Section 357 (2) of the Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004.
BY ORDER OF THE BOARD
SKIL ASSOCIATES
Secretaries
May 31, 2011
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd)
Note: * Resigned from the company in the course of the year
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
REPORTS OF THE AUDIT COMMITTEE
TO THE MEMEBERS OF OASIS INSURANCE PLC
In accordance with the provisions of Section 359 (6) of the Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004, we confirm that we have seen the Audit Plan & Scope and the Management Letter on the audit of the accounts of the company and the response.
In our opinion, the plan and scope of the audit for the year ended December 31, 2010 were adequate.
We have reviewed the Auditor's findings and we are satisfied with the Management response thereon.
We also confirm that the accounting and reporting policies of the company are in accordance with legal requirements and ethical practices.
MR. E. O. ELEORAMO
CHAIRMAN, AUDIT COMMITTEE
MEMBERS OF THE AUDIT COMMITTEE
1. Mr. E. O. Eleoramo - Chairman
2. Mr. G. O. Omosehin - Member
3. Mr. O. Okeowo - Member
4. Mr. A. G. Adegbite - Member
5. Prince M. A. Abidoye - Member
6. Mr. O. O. Oyetunde - Member
18
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
REPORT OF THE INDEPENDENT AUDITORS
TO THE MEMBERS OF OASIS INSURANCE PLC
We have audited the financial statements of Oasis Insurance Plc which comprises the balance sheet as at 31st December, 2010, the profit and loss account and statement of cash flows for the year then ended, and a summary of significant accounting policies and other explanatory notes.
Directors' Responsibility for the Financial Statements
The Directors are responsible for the preparation and fair presentation of these financial statements. This responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and fair presentation of financial statements that are free of material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.
Auditors' Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Nigerian Standards on Auditing issued by the Institute of Chartered Accountants of Nigeria and International Standards on Auditing which require that we comply with ethical requirements, and plan and perform the audit to obtain reasonable assurance whether the financial statements are free of material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, proper books of accounts have been kept by the Company and the financial statements which are in agreement therewith, give a true and fair view of the state of affairs of the Company at December 31, 2010 and of its financial performance and cash flows for the year in accordance with relevant statements of accounting standards issued by the Nigeria Accounting Standards Board, Insurance Act 2003 and Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004.
Doyin Owolabi & Co.
Lagos, Nigeria
May 31, 2011.
19
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
REPORTS OF THE AUDIT COMMITTEE
TO THE MEMEBERS OF OASIS INSURANCE PLC
In accordance with the provisions of Section 359 (6) of the Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004, we confirm that we have seen the Audit Plan & Scope and the Management Letter on the audit of the accounts of the company and the response.
In our opinion, the plan and scope of the audit for the year ended December 31, 2010 were adequate.
We have reviewed the Auditor's findings and we are satisfied with the Management response thereon.
We also confirm that the accounting and reporting policies of the company are in accordance with legal requirements and ethical practices.
MR. E. O. ELEORAMO
CHAIRMAN, AUDIT COMMITTEE
MEMBERS OF THE AUDIT COMMITTEE
1. Mr. E. O. Eleoramo - Chairman
2. Mr. G. O. Omosehin - Member
3. Mr. O. Okeowo - Member
4. Mr. A. G. Adegbite - Member
5. Prince M. A. Abidoye - Member
6. Mr. O. O. Oyetunde - Member
18
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
REPORT OF THE INDEPENDENT AUDITORS
TO THE MEMBERS OF OASIS INSURANCE PLC
We have audited the financial statements of Oasis Insurance Plc which comprises the balance sheet as at 31st December, 2010, the profit and loss account and statement of cash flows for the year then ended, and a summary of significant accounting policies and other explanatory notes.
Directors' Responsibility for the Financial Statements
The Directors are responsible for the preparation and fair presentation of these financial statements. This responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and fair presentation of financial statements that are free of material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.
Auditors' Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Nigerian Standards on Auditing issued by the Institute of Chartered Accountants of Nigeria and International Standards on Auditing which require that we comply with ethical requirements, and plan and perform the audit to obtain reasonable assurance whether the financial statements are free of material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, proper books of accounts have been kept by the Company and the financial statements which are in agreement therewith, give a true and fair view of the state of affairs of the Company at December 31, 2010 and of its financial performance and cash flows for the year in accordance with relevant statements of accounting standards issued by the Nigeria Accounting Standards Board, Insurance Act 2003 and Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004.
Doyin Owolabi & Co.
Lagos, Nigeria
May 31, 2011.
19
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES
The following is a summary of the significant accounting policies adopted by the Company in the preparation of its
financial statements. These accounting policies have been consistently applied for all years presented.
1. Basis of preparation
These financial statements are prepared in accordance with Nigeria Statements of Accounting Standards
(SAS), the Companies and Allied Matters Act (CAMA)CAP C20 LFN 2004, the Insurance Act 2003 and
Regulation and its interpretations issued by the National Insurance Commission in its Insurance Industry
Policy Guidelines.
The financial statements have been prepared under the historical cost convention as modified by the
carrying of fixed assets and certain long term investments valuation amounts.
The financial statements have been prepared using the annual basis of accounting.
2. Reporting currency
The financial statements are presented in Nigerian currency (Naira), which is the Company's reporting
currency.
3. Use of estimates in the preparation of financial statements
The preparation of financial statements requires the use of certain critical accounting estimates and
assumption. It also requires management to exercise judgment in the process of applying the Company's
accounting policies. These estimates are based on the historical information, actuarial analyses and the
directors' best knowledge of current events and actions.
The estimates and underlying assumptions are reviewed on an ongoing basis to take account of new and
available information. Revisions to accounting estimates are recognized in the year in which the estimate
is revised.
4. Cash and cash equivalents
Cash and cash equivalents comprise of cash on hand and deposits held with banks. Cash equivalents are
short-term, highly liquid instruments which are:
(a) Readily convertible into cash, whether in local or foreign currency; and
(b) So near to their maturity dates as to present insignificant risk of changes in value as a result of
changes in interest rates.
20
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
21
5. Classification of insurance contracts
Contracts that are classified as insurance contracts are those under which the Company underwrites
significant insurance risk from another party (the Broker or insured) by agreeing to compensate the
insured or other beneficiary if a fortuitous random event (the insured event) adversely affects the
policyholder or other beneficiary.
6. Recognition and measurement of insurance contracts
Short-term insurance contracts under General business are accounted for on an annual basis.
7. Premium
a. Gross Premium: is recognized at the point of attachment of risk to a policy before deducting cost
of reinsurance cover.
b. Gross Premium Earned: is written premium after adjusting for the unearned portion of the
premium.
c. Unearned Premium: premium relating to risk for period not falling within the accounting period
is carried forward as unearned premium.
d. Net Premium Earned
Net premium earned represents gross premium less reinsurance costs.
8. a. Reinsurance
Proportional and non-proportional reinsurance premiums are accounted for on an accrual basis.
Reinsurance premiums are recognized as outflows in accordance with the tenor of the
reinsurance contract.
b. Reinsurance cost
Reinsurance cost represents outward premium paid to reinsurance companies less the unexpired
portion as at the end of the accounting year.
c. Reinsurance recoveries
Reinsurance recoveries represents that portion of claims paid/payable on risks ceded out in
respect of which recoveries are received/receivable from the Reinsurer.
d. Prepaid reinsurance
Unexpired reinsurance cost is determined on a time apportionment basis and is reported under
other asset in the balance sheet.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES
The following is a summary of the significant accounting policies adopted by the Company in the preparation of its
financial statements. These accounting policies have been consistently applied for all years presented.
1. Basis of preparation
These financial statements are prepared in accordance with Nigeria Statements of Accounting Standards
(SAS), the Companies and Allied Matters Act (CAMA)CAP C20 LFN 2004, the Insurance Act 2003 and
Regulation and its interpretations issued by the National Insurance Commission in its Insurance Industry
Policy Guidelines.
The financial statements have been prepared under the historical cost convention as modified by the
carrying of fixed assets and certain long term investments valuation amounts.
The financial statements have been prepared using the annual basis of accounting.
2. Reporting currency
The financial statements are presented in Nigerian currency (Naira), which is the Company's reporting
currency.
3. Use of estimates in the preparation of financial statements
The preparation of financial statements requires the use of certain critical accounting estimates and
assumption. It also requires management to exercise judgment in the process of applying the Company's
accounting policies. These estimates are based on the historical information, actuarial analyses and the
directors' best knowledge of current events and actions.
The estimates and underlying assumptions are reviewed on an ongoing basis to take account of new and
available information. Revisions to accounting estimates are recognized in the year in which the estimate
is revised.
4. Cash and cash equivalents
Cash and cash equivalents comprise of cash on hand and deposits held with banks. Cash equivalents are
short-term, highly liquid instruments which are:
(a) Readily convertible into cash, whether in local or foreign currency; and
(b) So near to their maturity dates as to present insignificant risk of changes in value as a result of
changes in interest rates.
20
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
21
5. Classification of insurance contracts
Contracts that are classified as insurance contracts are those under which the Company underwrites
significant insurance risk from another party (the Broker or insured) by agreeing to compensate the
insured or other beneficiary if a fortuitous random event (the insured event) adversely affects the
policyholder or other beneficiary.
6. Recognition and measurement of insurance contracts
Short-term insurance contracts under General business are accounted for on an annual basis.
7. Premium
a. Gross Premium: is recognized at the point of attachment of risk to a policy before deducting cost
of reinsurance cover.
b. Gross Premium Earned: is written premium after adjusting for the unearned portion of the
premium.
c. Unearned Premium: premium relating to risk for period not falling within the accounting period
is carried forward as unearned premium.
d. Net Premium Earned
Net premium earned represents gross premium less reinsurance costs.
8. a. Reinsurance
Proportional and non-proportional reinsurance premiums are accounted for on an accrual basis.
Reinsurance premiums are recognized as outflows in accordance with the tenor of the
reinsurance contract.
b. Reinsurance cost
Reinsurance cost represents outward premium paid to reinsurance companies less the unexpired
portion as at the end of the accounting year.
c. Reinsurance recoveries
Reinsurance recoveries represents that portion of claims paid/payable on risks ceded out in
respect of which recoveries are received/receivable from the Reinsurer.
d. Prepaid reinsurance
Unexpired reinsurance cost is determined on a time apportionment basis and is reported under
other asset in the balance sheet.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
23
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
22
9. Commission earned
Commissions are recognized on ceding businesses to the reinsurers and other insurance companies.
10. Claims
a. Gross claims paid: consist of direct claims, plus reinsurance claims.
b. Gross claims incurred: consist of claims and claims handling expenses paid during the financial
year after adjusting for movement in provision for outstanding claims and IBNR.
c. Net claims incurred: is gross claims incurred after adjusting for reinsurance claims recoveries.
11. Underwriting expenses
Underwriting expenses are subdivided into acquisition and maintenance expenses. Acquisition expenses
are those incurred in obtaining and renewing insurance contracts. They include commission paid, policy
expenses and indirect expenses such as salaries of underwriting staff; and are deferred and amortized in
proportion to the amount of premium determined separately for each class of business recognized in the
reporting period in line with the matching concept. Maintenance expenses are those incurred in servicing
existing policies/contract. Maintenance expenses are charged to the revenue account in the accounting
period in which they are incurred.
12. Deferred acquisition costs
The proportion of acquisition costs that correspond to the unearned premiums are deferred as an asset
and recognized in the subsequent period.
13. Management expenses
Management expenses are expenses other than claims, investments and underwriting expenses. They
include salaries and wages, depreciation charges and other non-operating expenses. Management
expenses are charged to the profit and loss accounts in the accounting period in which they are incurred.
14. Investment income
Investment income comprises interest earned on short-term deposits, rental income, dividend and
income earned on trading of securities. Investment income is accounted for on an accrual basis
15. Technical reserves:
(i) Provision for unexpired premiums:
Provision for unexpired premium represents the portion of gross premium income on short-term
general business insurance contracts that relate to a period of risk after the end of the accounting
period. This is calculated on a time apportionment basis of the risk accepted in the year in
accordance with the provisions of Section 20 of the Insurance Act 2003.
(ii) Unexpired risks provision
Unexpired risks provisions are the estimated amounts required over and above provisions for
unearned premiums to meet future claims and related expenses on policies in force at the end of
the accounting period.
(iii) Provision for outstanding claims
o Provision for outstanding claims comprise of estimated costs of settling all claims and
related claim handling expenses incurred but unpaid at the balance sheet date.
o Outstanding claims that have occurred at the balance sheet date and have been notified
to the Company are carried at their reported amounts, while
o Adequate provisions are also made for claims incurred, but not reported (IBNR) at 10%
of outstanding claims amount as at the balance sheet date in accordance with the
provision of S. 20 of the Insurance Act 2003
(iv) Contingency reserve
The Company maintains contingency reserves in accordance with the provisions S21. Of the
Insurance Act 2003 to cover fluctuations in securities and variations in statistical estimates at
the rate equal to the higher of 3% of total premium or 20% of the total profit after taxation; until
the reserve reaches the greater of minimum paid up capital or 50% of net premium.
16. Fixed assets
a. Recognition and classification
i. Fixed assets comprising land and buildings and other properties owned by the company
are initially recorded at cost.
Subsequently, Land and building are stated at historical cost (Historical cost includes
expenditure that is directly attributable to the acquisition of the asset) or revalued
amount (based on valuation by external independent valuers).
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
23
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
22
9. Commission earned
Commissions are recognized on ceding businesses to the reinsurers and other insurance companies.
10. Claims
a. Gross claims paid: consist of direct claims, plus reinsurance claims.
b. Gross claims incurred: consist of claims and claims handling expenses paid during the financial
year after adjusting for movement in provision for outstanding claims and IBNR.
c. Net claims incurred: is gross claims incurred after adjusting for reinsurance claims recoveries.
11. Underwriting expenses
Underwriting expenses are subdivided into acquisition and maintenance expenses. Acquisition expenses
are those incurred in obtaining and renewing insurance contracts. They include commission paid, policy
expenses and indirect expenses such as salaries of underwriting staff; and are deferred and amortized in
proportion to the amount of premium determined separately for each class of business recognized in the
reporting period in line with the matching concept. Maintenance expenses are those incurred in servicing
existing policies/contract. Maintenance expenses are charged to the revenue account in the accounting
period in which they are incurred.
12. Deferred acquisition costs
The proportion of acquisition costs that correspond to the unearned premiums are deferred as an asset
and recognized in the subsequent period.
13. Management expenses
Management expenses are expenses other than claims, investments and underwriting expenses. They
include salaries and wages, depreciation charges and other non-operating expenses. Management
expenses are charged to the profit and loss accounts in the accounting period in which they are incurred.
14. Investment income
Investment income comprises interest earned on short-term deposits, rental income, dividend and
income earned on trading of securities. Investment income is accounted for on an accrual basis
15. Technical reserves:
(i) Provision for unexpired premiums:
Provision for unexpired premium represents the portion of gross premium income on short-term
general business insurance contracts that relate to a period of risk after the end of the accounting
period. This is calculated on a time apportionment basis of the risk accepted in the year in
accordance with the provisions of Section 20 of the Insurance Act 2003.
(ii) Unexpired risks provision
Unexpired risks provisions are the estimated amounts required over and above provisions for
unearned premiums to meet future claims and related expenses on policies in force at the end of
the accounting period.
(iii) Provision for outstanding claims
o Provision for outstanding claims comprise of estimated costs of settling all claims and
related claim handling expenses incurred but unpaid at the balance sheet date.
o Outstanding claims that have occurred at the balance sheet date and have been notified
to the Company are carried at their reported amounts, while
o Adequate provisions are also made for claims incurred, but not reported (IBNR) at 10%
of outstanding claims amount as at the balance sheet date in accordance with the
provision of S. 20 of the Insurance Act 2003
(iv) Contingency reserve
The Company maintains contingency reserves in accordance with the provisions S21. Of the
Insurance Act 2003 to cover fluctuations in securities and variations in statistical estimates at
the rate equal to the higher of 3% of total premium or 20% of the total profit after taxation; until
the reserve reaches the greater of minimum paid up capital or 50% of net premium.
16. Fixed assets
a. Recognition and classification
i. Fixed assets comprising land and buildings and other properties owned by the company
are initially recorded at cost.
Subsequently, Land and building are stated at historical cost (Historical cost includes
expenditure that is directly attributable to the acquisition of the asset) or revalued
amount (based on valuation by external independent valuers).
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
24
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
25
ii. Revaluation may be carried out at the discretion of the management.
Surpluses arising on the revaluation of individual fixed assets are credited to the Asset
Revaluation Reserve Account. However recognition of such surpluses are subject to the
provision of the relevant section of the Policy Guideline.
When previously revalued fixed assets are disposed of, any revaluation surplus relating
to the disposed assets is transferred to the profit and loss account.
All other fixed assets are stated at historical cost less accumulated depreciation.
Subsequent costs are included in the asset's carrying amount or recognized as a
separate asset, as appropriate, only when it is probable that future economic benefits
associated with the item will flow to the Company and the cost of the item can be
measured reliably. In the case of revalued assets, depreciation is calculated by reference
to the enhanced value of the assets concerned. All other repairs and maintenance costs
are charged to the profit and loss account during the financial period in which they are
incurred.
iii. Payments in advance for items of fixed assets are classified under Prepayments and upon
delivery are reclassified as additions to the appropriate category of property and
equipment. Capital work-in-progress is not depreciated.
b. Depreciation
Depreciation is calculated on other assets and equipment on the straight line basis to write down
the cost of each asset to its residual value over its estimated useful life. No depreciation is
charged on fixed assets until they are brought into use.
The principal annual rates used for this purpose, which are consistent with those for the previous
years, are as follows:
Asset Depreciation Rate
Buildings - 2%
Office equipment - 20%
Computer equipment & software - 20%
Furniture and fittings - 10%
Motor vehicles - 25%
Computer software - 20%
c. Disposal
Gains and losses on disposal of assets are determined by comparing proceeds with their carrying
amounts and are charged to the profit and loss account for the year.
17. Investments
Investments are initially recognized at cost and classified into short and long term in accordance with the
Statement of Accounting Standard (SAS 13) on accounting for investments depending on the purpose for
which they are acquired. This classification is revalidated on every reporting date.
a. Short-term investments
An investment is classified into this category at inception if acquired principally on temporary
basis for a period not more than one year. Such investments can be converted into cash when
current financing needs make it desirable, or if it forms part of a portfolio of financial assets in
which there is evidence of short-term profit taking.
Short-term investments are valued at the lower of cost and market value. The amount by which
cost exceeds market value (unrealized loss) is charged to the profit and loss account for the
period.
b. Long-term investments
Long-term investments relate to investments held over a long period of time to earn income.
These are investments other than short-term investments and include:
i. Quoted investments
Quoted investments are stated at valuation amount (market value) as at the balance
sheet date. An increase in the carrying amount arising from the revaluation of quoted
investment is credited to owner equity as revaluation surplus. To the extent that a
decrease in carrying amount off set a previous increase, for the same investment that has
been credited to revaluation surplus and not subsequently reversed or utilized, it is
charged against the revaluation surplus rather than profit and loss account.
ii . Unquoted investments
These are stated at cost. Where in the opinion of the Directors the value of any unquoted
investment is below its cost, an appropriate provision for the diminution in value thereof
is charged against the profit and loss account of the relevant year.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
24
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
25
ii. Revaluation may be carried out at the discretion of the management.
Surpluses arising on the revaluation of individual fixed assets are credited to the Asset
Revaluation Reserve Account. However recognition of such surpluses are subject to the
provision of the relevant section of the Policy Guideline.
When previously revalued fixed assets are disposed of, any revaluation surplus relating
to the disposed assets is transferred to the profit and loss account.
All other fixed assets are stated at historical cost less accumulated depreciation.
Subsequent costs are included in the asset's carrying amount or recognized as a
separate asset, as appropriate, only when it is probable that future economic benefits
associated with the item will flow to the Company and the cost of the item can be
measured reliably. In the case of revalued assets, depreciation is calculated by reference
to the enhanced value of the assets concerned. All other repairs and maintenance costs
are charged to the profit and loss account during the financial period in which they are
incurred.
iii. Payments in advance for items of fixed assets are classified under Prepayments and upon
delivery are reclassified as additions to the appropriate category of property and
equipment. Capital work-in-progress is not depreciated.
b. Depreciation
Depreciation is calculated on other assets and equipment on the straight line basis to write down
the cost of each asset to its residual value over its estimated useful life. No depreciation is
charged on fixed assets until they are brought into use.
The principal annual rates used for this purpose, which are consistent with those for the previous
years, are as follows:
Asset Depreciation Rate
Buildings - 2%
Office equipment - 20%
Computer equipment & software - 20%
Furniture and fittings - 10%
Motor vehicles - 25%
Computer software - 20%
c. Disposal
Gains and losses on disposal of assets are determined by comparing proceeds with their carrying
amounts and are charged to the profit and loss account for the year.
17. Investments
Investments are initially recognized at cost and classified into short and long term in accordance with the
Statement of Accounting Standard (SAS 13) on accounting for investments depending on the purpose for
which they are acquired. This classification is revalidated on every reporting date.
a. Short-term investments
An investment is classified into this category at inception if acquired principally on temporary
basis for a period not more than one year. Such investments can be converted into cash when
current financing needs make it desirable, or if it forms part of a portfolio of financial assets in
which there is evidence of short-term profit taking.
Short-term investments are valued at the lower of cost and market value. The amount by which
cost exceeds market value (unrealized loss) is charged to the profit and loss account for the
period.
b. Long-term investments
Long-term investments relate to investments held over a long period of time to earn income.
These are investments other than short-term investments and include:
i. Quoted investments
Quoted investments are stated at valuation amount (market value) as at the balance
sheet date. An increase in the carrying amount arising from the revaluation of quoted
investment is credited to owner equity as revaluation surplus. To the extent that a
decrease in carrying amount off set a previous increase, for the same investment that has
been credited to revaluation surplus and not subsequently reversed or utilized, it is
charged against the revaluation surplus rather than profit and loss account.
ii . Unquoted investments
These are stated at cost. Where in the opinion of the Directors the value of any unquoted
investment is below its cost, an appropriate provision for the diminution in value thereof
is charged against the profit and loss account of the relevant year.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
27
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
26
18. Investment property
This is an investment in land or buildings held primarily for generating income or capital appreciation and
not occupied substantially for use in the operations of the enterprise and/or members of the group. An
occupation of more than 15% of the property is considered substantial.
Investment properties are carried in the balance sheet at their market value and revalued periodically on a
systematic basis at least once in every three years. Investment properties are not subject to periodic charge
for depreciation.
When there is a decline in value of an investment property, the carrying amount of the property is written
down to recognize the loss. Such a reduction is charged to the profit and loss account. Reductions in
carrying amount are reversed when there is an increase, following a revaluation in accordance with the
company's policy, on investment property, or if the reasons for the reduction no longer exist.
An increase in carrying amount arising from the revaluation of investment property is credited to Asset
Revaluation Reserve Account. To the extent that a decrease in carrying amount offsets a previous increase,
for the same property that has been credited to revaluation surplus and not subsequently reversed or
utilized, it is charged against that revaluation surplus rather than the profit and loss account.
An increase in revaluation which is directly related to a previous decrease in carrying amount for the same
property that was charged to the profit and loss account is credited to profit and loss account to the extent
that it offsets the previously recorded decrease.
Investment properties are classified separately from other properties that are used for the purposes of the
business.
19. Debtors
Debtors are stated at cost after writing off bad debts and deducting provision made for other specific debts
considered doubtful of recovery. An allowance for specific debt is established when there is objective
evidence that the Company will not be able to collect all the amounts due according to the original terms
of the receivables.
In line with the statutory guidelines set by NAICOM, provision for outstanding premium is made as
follows:
Period outstanding % allowance required
Under 90 Days Nil
91 – 180 Days 50%
Above 180 Days 100%
When a receivable in respect of which a provision has already been made is deemed uncollectible, it is
written-off against the related provision and subsequent recoveries are credited to the profit and loss
account.
20. Foreign currency transactions
Transactions denominated in foreign currencies are recorded in Naira at the rate of exchange ruling at the
date of each transaction. Any gain or loss arising from a fluctuation subsequent to the date of the
transaction is included in the profit and loss account.
Bank balances in foreign currencies are stated at their Naira values
21. Taxation
Income tax payable on profits, based on the applicable tax law in each jurisdiction, is recognized as an
expense in the period in which the related profits arise. The tax effects of income tax losses available for
carrying forward are recognized as an asset when it is probable that taxable profits will be available against
which these losses can be utilized.
22. Deferred taxation
Deferred taxation is provided using the liability method for all timing differences arising between the tax
bases of assets and liabilities and their carrying values for financial reporting purposes. Currently enacted
tax rates are used to determine deferred taxation.
23. Retirement benefit obligations:
Pension costs
The Company operates a contributory pension scheme as stipulated in the Pension Reform Act 2004
which employee joins upon employment. Under the contributory scheme, the employee and the
Company contribute 7.5% and 10% respectively of the defined total package to Pension Fund
Administrators as required by the act.
The Company's obligations are recognized in the profit and loss account as employee benefit expenses in
the period they are due.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
27
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
26
18. Investment property
This is an investment in land or buildings held primarily for generating income or capital appreciation and
not occupied substantially for use in the operations of the enterprise and/or members of the group. An
occupation of more than 15% of the property is considered substantial.
Investment properties are carried in the balance sheet at their market value and revalued periodically on a
systematic basis at least once in every three years. Investment properties are not subject to periodic charge
for depreciation.
When there is a decline in value of an investment property, the carrying amount of the property is written
down to recognize the loss. Such a reduction is charged to the profit and loss account. Reductions in
carrying amount are reversed when there is an increase, following a revaluation in accordance with the
company's policy, on investment property, or if the reasons for the reduction no longer exist.
An increase in carrying amount arising from the revaluation of investment property is credited to Asset
Revaluation Reserve Account. To the extent that a decrease in carrying amount offsets a previous increase,
for the same property that has been credited to revaluation surplus and not subsequently reversed or
utilized, it is charged against that revaluation surplus rather than the profit and loss account.
An increase in revaluation which is directly related to a previous decrease in carrying amount for the same
property that was charged to the profit and loss account is credited to profit and loss account to the extent
that it offsets the previously recorded decrease.
Investment properties are classified separately from other properties that are used for the purposes of the
business.
19. Debtors
Debtors are stated at cost after writing off bad debts and deducting provision made for other specific debts
considered doubtful of recovery. An allowance for specific debt is established when there is objective
evidence that the Company will not be able to collect all the amounts due according to the original terms
of the receivables.
In line with the statutory guidelines set by NAICOM, provision for outstanding premium is made as
follows:
Period outstanding % allowance required
Under 90 Days Nil
91 – 180 Days 50%
Above 180 Days 100%
When a receivable in respect of which a provision has already been made is deemed uncollectible, it is
written-off against the related provision and subsequent recoveries are credited to the profit and loss
account.
20. Foreign currency transactions
Transactions denominated in foreign currencies are recorded in Naira at the rate of exchange ruling at the
date of each transaction. Any gain or loss arising from a fluctuation subsequent to the date of the
transaction is included in the profit and loss account.
Bank balances in foreign currencies are stated at their Naira values
21. Taxation
Income tax payable on profits, based on the applicable tax law in each jurisdiction, is recognized as an
expense in the period in which the related profits arise. The tax effects of income tax losses available for
carrying forward are recognized as an asset when it is probable that taxable profits will be available against
which these losses can be utilized.
22. Deferred taxation
Deferred taxation is provided using the liability method for all timing differences arising between the tax
bases of assets and liabilities and their carrying values for financial reporting purposes. Currently enacted
tax rates are used to determine deferred taxation.
23. Retirement benefit obligations:
Pension costs
The Company operates a contributory pension scheme as stipulated in the Pension Reform Act 2004
which employee joins upon employment. Under the contributory scheme, the employee and the
Company contribute 7.5% and 10% respectively of the defined total package to Pension Fund
Administrators as required by the act.
The Company's obligations are recognized in the profit and loss account as employee benefit expenses in
the period they are due.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
28
24. Dividends
Dividend distribution to the Company's shareholders is recognized as a liability in the financial statements
in the period in which the dividend is approved by the Company's shareholders. Dividends that are
proposed but not yet declared are disclosed in the notes to the financial statements.
25. Other assets
Receivables and other sundry debtors are classified as other assets and are stated at cost less allowances
for doubtful amounts. Allowances and write offs are recognized when a receivable is deemed not
collectable based on the original terms of the contract. Subsequent recoveries are credited to the profit
and loss account.
26. Earnings per share
The Company presents basic earnings per share for its ordinary shares. Basic earnings per share are
calculated by dividing the profit attributable to ordinary shareholders of the Company by the number of
shares outstanding during the year.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) EXECUTIVE MANAGEMENT
1. Mr. B. O. Oshadiya - MD
2. O. O. Fowora
3. A. G. Adegbite
4. R. O. Balogun
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
29
5. S. A. Awosanya
6. G. C. Elue
7. K. A. Bello
1
2 3 4
5 6 7
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
28
24. Dividends
Dividend distribution to the Company's shareholders is recognized as a liability in the financial statements
in the period in which the dividend is approved by the Company's shareholders. Dividends that are
proposed but not yet declared are disclosed in the notes to the financial statements.
25. Other assets
Receivables and other sundry debtors are classified as other assets and are stated at cost less allowances
for doubtful amounts. Allowances and write offs are recognized when a receivable is deemed not
collectable based on the original terms of the contract. Subsequent recoveries are credited to the profit
and loss account.
26. Earnings per share
The Company presents basic earnings per share for its ordinary shares. Basic earnings per share are
calculated by dividing the profit attributable to ordinary shareholders of the Company by the number of
shares outstanding during the year.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) EXECUTIVE MANAGEMENT
1. Mr. B. O. Oshadiya - MD
2. O. O. Fowora
3. A. G. Adegbite
4. R. O. Balogun
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
29
5. S. A. Awosanya
6. G. C. Elue
7. K. A. Bello
1
2 3 4
5 6 7
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
30
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
31
BALANCE SHEET PROFIT AND LOSS ACCOUNT
AS AT DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009
Notes N' 000 N' 000
ASSETS
Bank balance and cash 2 58,840 44,255
Treasury bills - 50,000
Short-term investments 3 558,192 494,516
Debtors and prepayments 4 729,233 780,211
Long-term investment 5 979,108 987,740
Statutory deposit 6 300,000 300,000
Investment properties 7 184,147 184,147
Fixed assets 8 1,118,893 583,998
3,928,413 3,424,867
LIABILITIES
Creditors and accruals 9 98,478 63,993
Outstanding claims 10 69,964 80,814
Taxation 11 12,693 37,144
Deferred taxation 12 34,599 34,599
Insurance funds 13 240,703 181,124
456,437 397,674
CAPITAL AND RESERVES
Paid up share capital 14 3,251,753 2,501,753
Deposit for shares 15 - 750,000
Share premium 425,493 583,056
Contingency reserve 16 184,040 160,254
General reserve 17 (906,443) (967,870)
Revaluation reserve 517,133 -
Shareholders' fund 3,471,976 3,027,193
3,928,413 3,424,867
The accompanying notes form an integral part of these balance sheets.
Signed on behalf of the Board of Directors by:
Chairman's Signature Managing Director's Signature
Notes 2010 2009
N' 000 N' 000
Gross premium written 18 1,226,181 895,075
Less increase in unearned premium (59,580) (11,481)
1,166,601 883,594
Reinsurance cost 19 (90,559) (61,250)
Net premium earned 1,076,042 822,344
Commission received 30,042 15,501
Total income 1,106,084 837,845
Direct claims paid 250,008 128,395
(Decrease)/Increase in outstanding claims 20 (10,850) 12,048
Gross claims incurred 239,158 140,443
Reinsurance recovery (85,283) (55,994)
Net claims incurred 153,875 84,449
Acquisition cost 197,946 159,586
Maintenance cost 23,742 21,845
Total deductions 375,563 265,880
Underwriting profit 730,521 571,965
Investment income 21 (5,430) 72,481
Other income 22 17,817 1,385
742,908 645,831
Management expenses 23 (450,602) (505,218)
Provision for bad and doubtful accounts 24 (194,400) (179,753)
Profit(Loss) before taxation 97,906 (39,140)
Taxation 12,693 (56,397)
Profit/(Loss) after taxation 85,213 (95,537)
Transfer to contingency reserve (23,786) (26,852)
Profit/(Loss) for the year transferred
to general reserve 61,427 (122,389)
Profit/(Loss) per share - Basic/Diluted (kobo) 1 (2)
The accompanying notes form an integral part of these Financial Statements.
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
30
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
31
BALANCE SHEET PROFIT AND LOSS ACCOUNT
AS AT DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009
Notes N' 000 N' 000
ASSETS
Bank balance and cash 2 58,840 44,255
Treasury bills - 50,000
Short-term investments 3 558,192 494,516
Debtors and prepayments 4 729,233 780,211
Long-term investment 5 979,108 987,740
Statutory deposit 6 300,000 300,000
Investment properties 7 184,147 184,147
Fixed assets 8 1,118,893 583,998
3,928,413 3,424,867
LIABILITIES
Creditors and accruals 9 98,478 63,993
Outstanding claims 10 69,964 80,814
Taxation 11 12,693 37,144
Deferred taxation 12 34,599 34,599
Insurance funds 13 240,703 181,124
456,437 397,674
CAPITAL AND RESERVES
Paid up share capital 14 3,251,753 2,501,753
Deposit for shares 15 - 750,000
Share premium 425,493 583,056
Contingency reserve 16 184,040 160,254
General reserve 17 (906,443) (967,870)
Revaluation reserve 517,133 -
Shareholders' fund 3,471,976 3,027,193
3,928,413 3,424,867
The accompanying notes form an integral part of these balance sheets.
Signed on behalf of the Board of Directors by:
Chairman's Signature Managing Director's Signature
Notes 2010 2009
N' 000 N' 000
Gross premium written 18 1,226,181 895,075
Less increase in unearned premium (59,580) (11,481)
1,166,601 883,594
Reinsurance cost 19 (90,559) (61,250)
Net premium earned 1,076,042 822,344
Commission received 30,042 15,501
Total income 1,106,084 837,845
Direct claims paid 250,008 128,395
(Decrease)/Increase in outstanding claims 20 (10,850) 12,048
Gross claims incurred 239,158 140,443
Reinsurance recovery (85,283) (55,994)
Net claims incurred 153,875 84,449
Acquisition cost 197,946 159,586
Maintenance cost 23,742 21,845
Total deductions 375,563 265,880
Underwriting profit 730,521 571,965
Investment income 21 (5,430) 72,481
Other income 22 17,817 1,385
742,908 645,831
Management expenses 23 (450,602) (505,218)
Provision for bad and doubtful accounts 24 (194,400) (179,753)
Profit(Loss) before taxation 97,906 (39,140)
Taxation 12,693 (56,397)
Profit/(Loss) after taxation 85,213 (95,537)
Transfer to contingency reserve (23,786) (26,852)
Profit/(Loss) for the year transferred
to general reserve 61,427 (122,389)
Profit/(Loss) per share - Basic/Diluted (kobo) 1 (2)
The accompanying notes form an integral part of these Financial Statements.
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
33
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
32
DETAILED REVENUE ACCOUNT STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010
TOTAL
MOTOR FIRE ACC/MISC MARINE 2010
N' 000 N' 000 N'000 N' 000 N' 000
Direct premium 532,423 110,603 441,252 76,914 1,161,192
Inward premium 3,189 57,073 1,530 3,197 64,989
Gross Premium 535,612 167,676 442,782 80,111 1,226,181
Less increase in unearned premium (41,256) 11,126 (36,348) 6,898 (59,580)
Gross premium earned 494,356 178,802 406,434 87,009 1,166,601
Reinsurance cost (10,125) (19,709) (45,778) (14,947) (90,559)
Net premium earned 484,231 159,093 360,656 72,062 1,076,042
Commission received 899 9,525 15,522 4,096 30,042
Total income 485,130 168,618 376,377 76,158 1,106,084
Direct claims paid 114,808 15,628 114,448 5,124 250,008
Increase/Decrease outstanding claims (20,096) (11,354) 21,190 (590) (10,850)
Gross claims incurred 94,712 4,274 135,638 4,534 239,158
Reinsurance recoveries (12,316) (10,878) (58,051) (4,038) (85,283)
Net claims incurred 82,396 (6,604) 77,587 496 153,875
Acquisition cost 59,747 32,210 91,107 14,882 197,946
Maintenance cost 10,370 3,246 8,572 1,554 23,742
Total deductions 152,513 28,852 177,266 16,932 375,563
Underwriting profit 332,617 139,766 199,111 59,226 730,521
2010 2009
N' 000 N' 000
CASH FLOWS FROM OPERATING ACTIVITIES
Premiums received from policy holders 752,428 635,943
Reinsurance receipt in respect of claims 31,082 183,610
Cash paid to and on behalf of employees (246,343) (162,325)
Reinsurance premium paid (51,670) (77,532)
Other income received 17,817 1,385
Other operating cash payments (89,198) (105,840)
Claims paid (250,008) (128,395)
Commission paid (28,138) (19,700)
Commission received 18,563 15,501
Acquisition cost (23,138) (139,886)
Company income tax paid (37,144) (6,952)
NET CASH PROVIDED BY OPERATING ACTIVITIES 94,251 195,809
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of fixed assets (65,928) (35,865)
Proceeds of sale of fixed assets 13,123 3,602
Purchase of investment properties - (86,825)
Dividend received 6,108 14,770
Proceeds of sale of investments 110,764 560,417
Purchase of investments (143,733) (960,282)
NET CASH USED BY INVESTING ACTIVITIES (79,666) (604,183)
CASH FLOWS FROM FINANCING ACTIVITIES - -
Dividend paid - -
Deposit for shares
NET CASH PROVIDED BY FINANCING ACTIVITIES - -
NET DECREASE IN CASH AND CASH EQUIVALENTS 14,585 (408,374)
CASH AND CASH EQUIVALENT AT JANUARY 1, 44,255 989,878
CASH AND CASH EQUIVALENTS 58,840 581,504
AT DECEMBER 31,
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
33
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
32
DETAILED REVENUE ACCOUNT STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010
TOTAL
MOTOR FIRE ACC/MISC MARINE 2010
N' 000 N' 000 N'000 N' 000 N' 000
Direct premium 532,423 110,603 441,252 76,914 1,161,192
Inward premium 3,189 57,073 1,530 3,197 64,989
Gross Premium 535,612 167,676 442,782 80,111 1,226,181
Less increase in unearned premium (41,256) 11,126 (36,348) 6,898 (59,580)
Gross premium earned 494,356 178,802 406,434 87,009 1,166,601
Reinsurance cost (10,125) (19,709) (45,778) (14,947) (90,559)
Net premium earned 484,231 159,093 360,656 72,062 1,076,042
Commission received 899 9,525 15,522 4,096 30,042
Total income 485,130 168,618 376,377 76,158 1,106,084
Direct claims paid 114,808 15,628 114,448 5,124 250,008
Increase/Decrease outstanding claims (20,096) (11,354) 21,190 (590) (10,850)
Gross claims incurred 94,712 4,274 135,638 4,534 239,158
Reinsurance recoveries (12,316) (10,878) (58,051) (4,038) (85,283)
Net claims incurred 82,396 (6,604) 77,587 496 153,875
Acquisition cost 59,747 32,210 91,107 14,882 197,946
Maintenance cost 10,370 3,246 8,572 1,554 23,742
Total deductions 152,513 28,852 177,266 16,932 375,563
Underwriting profit 332,617 139,766 199,111 59,226 730,521
2010 2009
N' 000 N' 000
CASH FLOWS FROM OPERATING ACTIVITIES
Premiums received from policy holders 752,428 635,943
Reinsurance receipt in respect of claims 31,082 183,610
Cash paid to and on behalf of employees (246,343) (162,325)
Reinsurance premium paid (51,670) (77,532)
Other income received 17,817 1,385
Other operating cash payments (89,198) (105,840)
Claims paid (250,008) (128,395)
Commission paid (28,138) (19,700)
Commission received 18,563 15,501
Acquisition cost (23,138) (139,886)
Company income tax paid (37,144) (6,952)
NET CASH PROVIDED BY OPERATING ACTIVITIES 94,251 195,809
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of fixed assets (65,928) (35,865)
Proceeds of sale of fixed assets 13,123 3,602
Purchase of investment properties - (86,825)
Dividend received 6,108 14,770
Proceeds of sale of investments 110,764 560,417
Purchase of investments (143,733) (960,282)
NET CASH USED BY INVESTING ACTIVITIES (79,666) (604,183)
CASH FLOWS FROM FINANCING ACTIVITIES - -
Dividend paid - -
Deposit for shares
NET CASH PROVIDED BY FINANCING ACTIVITIES - -
NET DECREASE IN CASH AND CASH EQUIVALENTS 14,585 (408,374)
CASH AND CASH EQUIVALENT AT JANUARY 1, 44,255 989,878
CASH AND CASH EQUIVALENTS 58,840 581,504
AT DECEMBER 31,
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
34
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
35
NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (Contd)
1. CORPORATE STRUCTURE AND BUSINESS
Oasis Insurance plc. (formerly Oasis Insurance company Limited) was incorporated on November 9,
1992 to carry on insurance business. However, it changed its name to Oasis Insurance plc. on
November 26, 2004. Following the successful offer of shares in 2006, the allotment was done in
2007. Subsequently, the company was listed by introduction on July 24, 2007.
2010 2009
N' 000 N' 000
2. BANK BALANCES AND CASH
Cash in hand 1,350 970
Current account with banks 57,490 43,285
58,840 44,255
3. SHORT-TERM INVESTMENTS
Short-term deposits with:
Banks 512,890 327,892
Non-bank financial institutions 45,302 166,624
558,192 494,516
3ii. Of the short term investment the following relates
to insurance funds.
Insurance funds 60,667 10,938
Shareholders fund 497,525 483,578
558,192 494,516
4. DEBTORS AND PREPAYMENTS
Outstanding premiums (note 4.4) 643,328 528,242
Due from reinsures 42,463 11,059
Due from agents & brokers 548 461
Prepayments 11,441 15,874
Deposit for investments - 95,000
Claims receivable 4,250
Deferred reinsurance costs 58,902 16,282
Non-life current account (4.1) 186,053 211,281
Share issue expenses (4.2) - 157,563
Other receivables 972 3,196
Staff debtors 19,510 20,864
Deferred acquisition cost 37,949 -
1,001,166 1,064,072
Provision for bad and doubtful accounts (note4.3) (271,933) (283,861)
729,233 780,211
4.1 This relates to claim paid for NNPC group life business which was not transferred to Capital
Express Assurance Limited. Recoverable is expected from reinsurance companies.
4.2 Expense incurred in respect of public offer which is being suspended due to unfavourable
current market condition. It was written off against share premium during the year.
2010 2009
N' 000 N' 000
4.3 Provision for bad and doubtful accounts
At January 1, 283,861 391,255
Amount written off during the year (206,328) (287,147)
Additions during the year 194,400 179,753
At December 31, 271,933 283,861
4.4 Age analysis of outstanding premiums:
0 - 90 days 294,405 254,126
91 - 180 days 150,450 235,160
181 days and above 198,473 38,956
643,328 528,242
5 LONG-TERM INVESTMENTS
I Quoted:
Equities (Market value N224,836,549)
(2009: N196,999,025) 277,566 302,124
Provision for diminution in investments (52,730) (105,215)
224,836 196,909
ii Unquoted:
Equities 754,272 790,741
979,108 987,650
iib Of the unquoted equities the following relates
to insurance funds
Insurance funds 250,000 250,000
Shareholders fund 504,272 540,741
754,272 790,741
In the opinion of the directors, the market value of the unquoted investments is not lower than cost.
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
34
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
35
NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (Contd)
1. CORPORATE STRUCTURE AND BUSINESS
Oasis Insurance plc. (formerly Oasis Insurance company Limited) was incorporated on November 9,
1992 to carry on insurance business. However, it changed its name to Oasis Insurance plc. on
November 26, 2004. Following the successful offer of shares in 2006, the allotment was done in
2007. Subsequently, the company was listed by introduction on July 24, 2007.
2010 2009
N' 000 N' 000
2. BANK BALANCES AND CASH
Cash in hand 1,350 970
Current account with banks 57,490 43,285
58,840 44,255
3. SHORT-TERM INVESTMENTS
Short-term deposits with:
Banks 512,890 327,892
Non-bank financial institutions 45,302 166,624
558,192 494,516
3ii. Of the short term investment the following relates
to insurance funds.
Insurance funds 60,667 10,938
Shareholders fund 497,525 483,578
558,192 494,516
4. DEBTORS AND PREPAYMENTS
Outstanding premiums (note 4.4) 643,328 528,242
Due from reinsures 42,463 11,059
Due from agents & brokers 548 461
Prepayments 11,441 15,874
Deposit for investments - 95,000
Claims receivable 4,250
Deferred reinsurance costs 58,902 16,282
Non-life current account (4.1) 186,053 211,281
Share issue expenses (4.2) - 157,563
Other receivables 972 3,196
Staff debtors 19,510 20,864
Deferred acquisition cost 37,949 -
1,001,166 1,064,072
Provision for bad and doubtful accounts (note4.3) (271,933) (283,861)
729,233 780,211
4.1 This relates to claim paid for NNPC group life business which was not transferred to Capital
Express Assurance Limited. Recoverable is expected from reinsurance companies.
4.2 Expense incurred in respect of public offer which is being suspended due to unfavourable
current market condition. It was written off against share premium during the year.
2010 2009
N' 000 N' 000
4.3 Provision for bad and doubtful accounts
At January 1, 283,861 391,255
Amount written off during the year (206,328) (287,147)
Additions during the year 194,400 179,753
At December 31, 271,933 283,861
4.4 Age analysis of outstanding premiums:
0 - 90 days 294,405 254,126
91 - 180 days 150,450 235,160
181 days and above 198,473 38,956
643,328 528,242
5 LONG-TERM INVESTMENTS
I Quoted:
Equities (Market value N224,836,549)
(2009: N196,999,025) 277,566 302,124
Provision for diminution in investments (52,730) (105,215)
224,836 196,909
ii Unquoted:
Equities 754,272 790,741
979,108 987,650
iib Of the unquoted equities the following relates
to insurance funds
Insurance funds 250,000 250,000
Shareholders fund 504,272 540,741
754,272 790,741
In the opinion of the directors, the market value of the unquoted investments is not lower than cost.
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
36
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
37
NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009iii N'000 N'000
Provision for diminutionAt January 1 105,215 652,020Movement during the year (52,485) (546,805)At December 31, 52,730 105,215
6 STATUTORY DEPOSITCentral Bank of Nigeria 300,000 300,000
This represents the amount held with the Central bank of Nigeria in accordance with Section 10 (3) of the insurance Act 2003. The deposit is not available for the day to day operations of the Company.
2010 2009N' 000 N' 000
7 INVESTMENT PROPERTIESCost:At January 1, 184,147 97,322 Additions during the year - 86,825
At December 2010, 184,147 184,147
8 FIXED ASSETSLand & Motor Furniture Machine &Building Vehicle & Fittings Equipment Total
COST: N' 000 N' 000 N' 000 N' 000 N' 000At January 1, 2010 469,625 114,844 22,175 56,364 663,008 Additions 40,610 20,516 2,155 10,479 73,760 Revaluation Surplus 517,133 - - - 517,133 Disposal/Adjustment - (9,754) (127) (2,983) (12,864)
At December 31, 2010 1,027,368 125,606 24,203 63,860 1,241,037
DEPRECIATION:At January 1, 2010 8,531 50,662 5,508 14,309 79,010 Charge for the year 10,644 29,742 2,274 11,080 53,740 Disposal - (7,731) (80) (2,796) (10,607)
At Dec 31, 2010 19,175 72,673 7,702 22,593 122,143
NET BOOK VALUE;At Dec 31, 2010 1,008,192 52,933 16,502 41,266 1,118,893
At December 31, 2009 461,094 64,182 16,667 42,055 583,998
2010 2009
N' 000 N' 000
9 CREDITORS & ACCRUALS
Due to insurance companies and reinsurers - 14,941
Overdrafts 36,676 7,267
Accrued expenses 19,424 860
Account payables 7,979 5,152
Premium received in advance 1,836 3,945
Other creditors 32,563 31,828
98,478 63,993
10 OUTSTANDING CLAIMS At January 1, Decrease At December 31,
2010 2010
N' 000 N' 000 N' 000
General accident 34,156 3,895 38,051
Motor 33,357 (21,128) 12,229
Fire 7,890 (5,508) 2,384
Marine 5,411 2,080 7,491
Others - 9,809 9,809
80,814 10,850 69,964
2,010 2,009
11 TAXATION N' 000 N' 000
i Per Profit and loss account:
income for the year 9,662 7,373
Education tax 3,031 -
Under provision in prior years - 29,771
12,693 37,144
Deferred taxation:
Charge for the year - 19,253
Information technology levy:
Prior years' Information technology levy: - -
Per profit and loss account 12,693 56,397
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
36
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
37
NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009iii N'000 N'000
Provision for diminutionAt January 1 105,215 652,020Movement during the year (52,485) (546,805)At December 31, 52,730 105,215
6 STATUTORY DEPOSITCentral Bank of Nigeria 300,000 300,000
This represents the amount held with the Central bank of Nigeria in accordance with Section 10 (3) of the insurance Act 2003. The deposit is not available for the day to day operations of the Company.
2010 2009N' 000 N' 000
7 INVESTMENT PROPERTIESCost:At January 1, 184,147 97,322 Additions during the year - 86,825
At December 2010, 184,147 184,147
8 FIXED ASSETSLand & Motor Furniture Machine &Building Vehicle & Fittings Equipment Total
COST: N' 000 N' 000 N' 000 N' 000 N' 000At January 1, 2010 469,625 114,844 22,175 56,364 663,008 Additions 40,610 20,516 2,155 10,479 73,760 Revaluation Surplus 517,133 - - - 517,133 Disposal/Adjustment - (9,754) (127) (2,983) (12,864)
At December 31, 2010 1,027,368 125,606 24,203 63,860 1,241,037
DEPRECIATION:At January 1, 2010 8,531 50,662 5,508 14,309 79,010 Charge for the year 10,644 29,742 2,274 11,080 53,740 Disposal - (7,731) (80) (2,796) (10,607)
At Dec 31, 2010 19,175 72,673 7,702 22,593 122,143
NET BOOK VALUE;At Dec 31, 2010 1,008,192 52,933 16,502 41,266 1,118,893
At December 31, 2009 461,094 64,182 16,667 42,055 583,998
2010 2009
N' 000 N' 000
9 CREDITORS & ACCRUALS
Due to insurance companies and reinsurers - 14,941
Overdrafts 36,676 7,267
Accrued expenses 19,424 860
Account payables 7,979 5,152
Premium received in advance 1,836 3,945
Other creditors 32,563 31,828
98,478 63,993
10 OUTSTANDING CLAIMS At January 1, Decrease At December 31,
2010 2010
N' 000 N' 000 N' 000
General accident 34,156 3,895 38,051
Motor 33,357 (21,128) 12,229
Fire 7,890 (5,508) 2,384
Marine 5,411 2,080 7,491
Others - 9,809 9,809
80,814 10,850 69,964
2,010 2,009
11 TAXATION N' 000 N' 000
i Per Profit and loss account:
income for the year 9,662 7,373
Education tax 3,031 -
Under provision in prior years - 29,771
12,693 37,144
Deferred taxation:
Charge for the year - 19,253
Information technology levy:
Prior years' Information technology levy: - -
Per profit and loss account 12,693 56,397
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
38
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
39
NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009
N' 000 N' 000
ii Balance sheet
Income taxation:
At January 1, 37,144 6,952
Charge for the year 9,662 7,373
Under provision in the year - 29,771
Payment during the year (37,144) (6,952)
9,662 37,144
Education taxation:
At January 1, - -
Charge for the year 3,031 -
Payments during the year - -
3,031 -
Information technology levy:
Prior year information technology taxation - -
payments during the year - -
- -
Per balance sheet 12,693 37,144
iii Total tax payment during the year
Income taxation 7,373 6,952
Education taxation - -
Information technology levy - -
Under provision in pervious years 29,771 -
37,144 6,952
The charge for taxation in these financial statements is based on the provisions of the Companies
Income Tax Act CAP C21 Laws of the Federation of Nigeria 2004
2010 2009N' 000 N' 000
12 DEFERRED TAXATIONAt January 1, 34,599 15,346Deferred taxation charge for the year - 19,253Per profit and loss account 34,599 34,599
13 INSURANCE FUNDS At January 1, Increase/ At December 31,2010 [Decrease] 2010
Reserve for unexpired risks:General accident 55,461 36,840 92,301 Motor 102,707 10,998 113,705 Fire 13,241 6,425 19,666 Marine 9,715 1,699 11,414 Others - 3,617 3,617
181,124 59,579 240,703
2010 2,009 N' 000 N' 000
14 SHARE CAPITALAuthorized:10,000,000,000 ordinary shares of 50 kobo each 5,000,000 5,000,000
Issued and fully paid:6,503,506,791 ordinary shares of kobo each 3,251,753 2,501,753
At the Annual General Meeting of the company held on 21st Oct, 2010, the shareholders approved the capitalization of the N750m deposit for shares as requested by NAICOM. All other regulatory approvals are being processed.
15 DEPOSIT FOR SHARES - 750,000
This relates to deposit made by Oasis Group Limited in respect of the proposed public offer which was suspended due to the then unfavorable condition in the capital market. The Board of Directorsand Shareholders at the AGM approved the allotment in the year under review.
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
38
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
39
NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009
N' 000 N' 000
ii Balance sheet
Income taxation:
At January 1, 37,144 6,952
Charge for the year 9,662 7,373
Under provision in the year - 29,771
Payment during the year (37,144) (6,952)
9,662 37,144
Education taxation:
At January 1, - -
Charge for the year 3,031 -
Payments during the year - -
3,031 -
Information technology levy:
Prior year information technology taxation - -
payments during the year - -
- -
Per balance sheet 12,693 37,144
iii Total tax payment during the year
Income taxation 7,373 6,952
Education taxation - -
Information technology levy - -
Under provision in pervious years 29,771 -
37,144 6,952
The charge for taxation in these financial statements is based on the provisions of the Companies
Income Tax Act CAP C21 Laws of the Federation of Nigeria 2004
2010 2009N' 000 N' 000
12 DEFERRED TAXATIONAt January 1, 34,599 15,346Deferred taxation charge for the year - 19,253Per profit and loss account 34,599 34,599
13 INSURANCE FUNDS At January 1, Increase/ At December 31,2010 [Decrease] 2010
Reserve for unexpired risks:General accident 55,461 36,840 92,301 Motor 102,707 10,998 113,705 Fire 13,241 6,425 19,666 Marine 9,715 1,699 11,414 Others - 3,617 3,617
181,124 59,579 240,703
2010 2,009 N' 000 N' 000
14 SHARE CAPITALAuthorized:10,000,000,000 ordinary shares of 50 kobo each 5,000,000 5,000,000
Issued and fully paid:6,503,506,791 ordinary shares of kobo each 3,251,753 2,501,753
At the Annual General Meeting of the company held on 21st Oct, 2010, the shareholders approved the capitalization of the N750m deposit for shares as requested by NAICOM. All other regulatory approvals are being processed.
15 DEPOSIT FOR SHARES - 750,000
This relates to deposit made by Oasis Group Limited in respect of the proposed public offer which was suspended due to the then unfavorable condition in the capital market. The Board of Directorsand Shareholders at the AGM approved the allotment in the year under review.
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
41
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
40
NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009N' 00 N' 000
16 CONTINGENCY RESERVEAt January 1, 160,254 133,402Additions during the year 23,786 26,852At December 31, 184 ,040 160,254
17 GENERAL RESERVEAt January 1, (967,870) (845,481)Dividend declared during the year (note 7.1) - -Transfer from profit and loss account 61,427 (122,389)At December 31, (906,443 ) (967,870)
18 GROSS PREMIUMThe analysis of gross premium written on non-life businessGeneral accidents 417,131 320,871Motors 535,613 420,793Fire 167,676 86,217Marine 80 ,111 67,194Bond 25,650 -
1,226,181 895,075
19 REINSURANCE COSTReinsurance premium written 149 ,461 77,532Less decrease in reinsurance unearned (58,902) (16,282)Premium
Reinsurance cost 90,559 61,250
2010 2009N' 000 N' 000
20 MOVEMENT IN OUTSTANDING CLAIMSGross claims outstanding 63,605 73,467Provision for IBNR 6,359 7,347
Outstanding claims- closing 69,964 80,814Outstanding claims- opening (80,814) (68,766)
Increase in outstanding claims (10,850) 12,048
21 INVESTMENT INCOMEDividend income 7,024 14,770Interest on term deposit 32,895 50,798 Income from fund management - 6,913Profit/Loss on sale equity (45,348)
(5,430) 72,481
22 OTHER INCOMESundry Income 16,818 761Foreign Exchange gain - 624Profit on disposal of Fixed Assets 999 -
17,817 1,385
23i MANAGEMENT EXPENSESStaff and other related costs 224,546 154,104Staff pension and gratuities 14,587 8,221Depreciation 53,740 45,273Directors' emolument 7,210 8,318Auditors remuneration 1,500 4,000Loss from fund management - 23,300Foreign exchange loss 1,234 1,596Loss on trading of shares 5,430 132,983Other operating expenses 142 ,355 127,423
450,602 505,218
PENALTIES23ii
In the course of the year, the company paid the following penalties.(i) N60,000 in respect of late submission of 2009 Annual Returns(ii) N100,000 for failing to submit the solvency certificate along with the 2009 Annual Returns
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
41
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
40
NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009N' 00 N' 000
16 CONTINGENCY RESERVEAt January 1, 160,254 133,402Additions during the year 23,786 26,852At December 31, 184 ,040 160,254
17 GENERAL RESERVEAt January 1, (967,870) (845,481)Dividend declared during the year (note 7.1) - -Transfer from profit and loss account 61,427 (122,389)At December 31, (906,443 ) (967,870)
18 GROSS PREMIUMThe analysis of gross premium written on non-life businessGeneral accidents 417,131 320,871Motors 535,613 420,793Fire 167,676 86,217Marine 80 ,111 67,194Bond 25,650 -
1,226,181 895,075
19 REINSURANCE COSTReinsurance premium written 149 ,461 77,532Less decrease in reinsurance unearned (58,902) (16,282)Premium
Reinsurance cost 90,559 61,250
2010 2009N' 000 N' 000
20 MOVEMENT IN OUTSTANDING CLAIMSGross claims outstanding 63,605 73,467Provision for IBNR 6,359 7,347
Outstanding claims- closing 69,964 80,814Outstanding claims- opening (80,814) (68,766)
Increase in outstanding claims (10,850) 12,048
21 INVESTMENT INCOMEDividend income 7,024 14,770Interest on term deposit 32,895 50,798 Income from fund management - 6,913Profit/Loss on sale equity (45,348)
(5,430) 72,481
22 OTHER INCOMESundry Income 16,818 761Foreign Exchange gain - 624Profit on disposal of Fixed Assets 999 -
17,817 1,385
23i MANAGEMENT EXPENSESStaff and other related costs 224,546 154,104Staff pension and gratuities 14,587 8,221Depreciation 53,740 45,273Directors' emolument 7,210 8,318Auditors remuneration 1,500 4,000Loss from fund management - 23,300Foreign exchange loss 1,234 1,596Loss on trading of shares 5,430 132,983Other operating expenses 142 ,355 127,423
450,602 505,218
PENALTIES23ii
In the course of the year, the company paid the following penalties.(i) N60,000 in respect of late submission of 2009 Annual Returns(ii) N100,000 for failing to submit the solvency certificate along with the 2009 Annual Returns
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
42
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
43
NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009N' 000 N' 000
24 PROVISION FOR BAD AND DOUBTFUL ACCOUNTSProvision for bad doubtful bank balance - -Provision for bad and doubtful debts 194,400 179,753
194,400 179,753
25 LOSS/PROFIT BEFORE TAXATIONThis is stated after charging/ (crediting):Depreciation 53,740 45,273Director' emoluments 7,210 20,093Auditors' remuneration 1,500 4,600Loss from investments 5,430 -Profit on disposal of fixed assets 999 [624]Unrealised foreign exchange loss/(gain) [1,234] 1,596
2010 2009N' 000 N' 000
26 CHAIRMAN'S AND DIRECTORS' EMOLUMENTS
26. 1 Emoluments: 580 580Fees 19,513 19,513Others emoluments 20,093 20,093
26. 2 Chairman 560 560Others 19,533 19,533
20,093 20,093
The emoluments (excluding pension contributions)of the highest paid directors amounted to 4,133 4,133
26. 3 the number of directors excluding the chairmanwhose emoluments were within the following ranges were: 2010 2009
Numbers NumbersNGN300,001 - 400,000 5 71,600,001 - 1,700,000 3 12,170,001 and above 1 1
9 9
27 EMPLOYEES
27. 1 Average number of persons employed during the year was as follows:Managerial 18 12Senior 51 47Junior 15 12TOTAL 84 71
Total Staff Cost 224,546 154,104
27. 2 Pensions and gratuityAmount charged to profit and loss account are:Pension
12,517 8,221
27. 3 The number of employees in receipt of emoluments (excluding allowances and pensions) within the following ranges were:
NGN10,001 - 70,000 45 3280,001 - 90,000 13 990,001 - 100,001 17 12100,001 - Above 9 6
84 59
28 GUARANTEES AND OTHER FINANCIAL COMMITMENTS
28. 1 Contingent Liabilities There are no known contingent liabilities for which appropriate provisions have not been made in the financial statements (2009:nil).
28. 2 Financial commitmentsThe directors are of the opinion that all known liabilities and commitments which are relevant in theassessing of the state of the company have been taken into consideration in the preparation of these financial statements.
2010 2009N' 000 N' 000
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
42
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
43
NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009N' 000 N' 000
24 PROVISION FOR BAD AND DOUBTFUL ACCOUNTSProvision for bad doubtful bank balance - -Provision for bad and doubtful debts 194,400 179,753
194,400 179,753
25 LOSS/PROFIT BEFORE TAXATIONThis is stated after charging/ (crediting):Depreciation 53,740 45,273Director' emoluments 7,210 20,093Auditors' remuneration 1,500 4,600Loss from investments 5,430 -Profit on disposal of fixed assets 999 [624]Unrealised foreign exchange loss/(gain) [1,234] 1,596
2010 2009N' 000 N' 000
26 CHAIRMAN'S AND DIRECTORS' EMOLUMENTS
26. 1 Emoluments: 580 580Fees 19,513 19,513Others emoluments 20,093 20,093
26. 2 Chairman 560 560Others 19,533 19,533
20,093 20,093
The emoluments (excluding pension contributions)of the highest paid directors amounted to 4,133 4,133
26. 3 the number of directors excluding the chairmanwhose emoluments were within the following ranges were: 2010 2009
Numbers NumbersNGN300,001 - 400,000 5 71,600,001 - 1,700,000 3 12,170,001 and above 1 1
9 9
27 EMPLOYEES
27. 1 Average number of persons employed during the year was as follows:Managerial 18 12Senior 51 47Junior 15 12TOTAL 84 71
Total Staff Cost 224,546 154,104
27. 2 Pensions and gratuityAmount charged to profit and loss account are:Pension
12,517 8,221
27. 3 The number of employees in receipt of emoluments (excluding allowances and pensions) within the following ranges were:
NGN10,001 - 70,000 45 3280,001 - 90,000 13 990,001 - 100,001 17 12100,001 - Above 9 6
84 59
28 GUARANTEES AND OTHER FINANCIAL COMMITMENTS
28. 1 Contingent Liabilities There are no known contingent liabilities for which appropriate provisions have not been made in the financial statements (2009:nil).
28. 2 Financial commitmentsThe directors are of the opinion that all known liabilities and commitments which are relevant in theassessing of the state of the company have been taken into consideration in the preparation of these financial statements.
2010 2009N' 000 N' 000
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
44
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
45
NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009
29 EARNINGS PER SHARE N' 000 N' 000Profit attributable to shareholderfor the year (Naira) 61,427 (95,537)Weighted average number of ordinary sharesin issue (Number) 6,503,506 5,003,506
Loss per share (kobo) 1 (2)
Profit/Loss per 50k ordinary share is calculated on the profit/loss after tax and the number of ordinary shares issued at the year end.
30 RELATED PARTY TRANSACTIONS 2010 2009Related party transactions during the year are as follows: N' 000 N' 000Short term investment with Oasis Saving and Loans Ltd 162,070 162,070 Deposit for investment with Oasis Saving and Loans Ltd - 95,000Deposit for shares by Oasis Group Ltd 750,000
31 RECLASSIFICATIONCertain reclassifications were made to the reported figures for prior year to conform to this year'spresentation.
32 POST BALANCE SHEET EVENTNo post balance sheet event or transaction has occurred since the balance sheet date which would have a material effect upon the financial statements at the date or which would have the need to be mentioned in the financial position or result of operations.
STATEMENT OF VALUE ADDED
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009N' 000 % N' 000 %
Gross underwritten premium 1,226,181 895,075investment and other income 12,387 73,866
1,238,568 968,941
Claims reinsuranceCommissions and management expenses - Local (840,579) (800,483)Value added /(consumed] 397,989 168,458 100
Applied as follows:
In payment of employees' - salaries and other benefits 246,343 62 162,325 96
In payment to government - Taxation 12,693 3 37,144 22
Retained for replacement of assetsand expansion of business: - Depreciation 53,740 14 45,273 27 - Deferred taxation 19,253 12 - Contingency reserve 23,786 6 26,852 16 - Profit/Loss for the year 61,427 15 (122,389) (73)
397,989 100 168,458 100
The value added/(consumed) represents the wealth created/ (utilised) through the use of thecompany's assets by its employees.
100
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
44
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
45
NOTES TO THE FINANCIAL STATEMENTS (Contd)
2010 2009
29 EARNINGS PER SHARE N' 000 N' 000Profit attributable to shareholderfor the year (Naira) 61,427 (95,537)Weighted average number of ordinary sharesin issue (Number) 6,503,506 5,003,506
Loss per share (kobo) 1 (2)
Profit/Loss per 50k ordinary share is calculated on the profit/loss after tax and the number of ordinary shares issued at the year end.
30 RELATED PARTY TRANSACTIONS 2010 2009Related party transactions during the year are as follows: N' 000 N' 000Short term investment with Oasis Saving and Loans Ltd 162,070 162,070 Deposit for investment with Oasis Saving and Loans Ltd - 95,000Deposit for shares by Oasis Group Ltd 750,000
31 RECLASSIFICATIONCertain reclassifications were made to the reported figures for prior year to conform to this year'spresentation.
32 POST BALANCE SHEET EVENTNo post balance sheet event or transaction has occurred since the balance sheet date which would have a material effect upon the financial statements at the date or which would have the need to be mentioned in the financial position or result of operations.
STATEMENT OF VALUE ADDED
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009N' 000 % N' 000 %
Gross underwritten premium 1,226,181 895,075investment and other income 12,387 73,866
1,238,568 968,941
Claims reinsuranceCommissions and management expenses - Local (840,579) (800,483)Value added /(consumed] 397,989 168,458 100
Applied as follows:
In payment of employees' - salaries and other benefits 246,343 62 162,325 96
In payment to government - Taxation 12,693 3 37,144 22
Retained for replacement of assetsand expansion of business: - Depreciation 53,740 14 45,273 27 - Deferred taxation 19,253 12 - Contingency reserve 23,786 6 26,852 16 - Profit/Loss for the year 61,427 15 (122,389) (73)
397,989 100 168,458 100
The value added/(consumed) represents the wealth created/ (utilised) through the use of thecompany's assets by its employees.
100
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
46
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
47
FIVE YEAR FINANCIAL SUMMARY NON-LIFE REVENUE AND PROFIT AND LOSS
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009 2008 2007 2006
N' 000 N' 000 N' 000 N' 000 N' 000
Bank balances and cash 58,840 44,255 19,967 464,176 31,252
Treasury bills - 50,000 - 200,000 -
Short term placements 558,192 494,516 972,369 1,283,158 396,249
Debtors and prepayments 729,233 780,211 783,143 448,382 476,674
Investments 979,108 987,740 912,093 965,132 75,970
Statutory deposit 300,000 300,000 300,000 300,000 35,000
Investment properties 184,147 184,147 97,322 - -
Fixed assets 1,118,893 583,998 496,385 46,925 35,892
3,928,413 3,424,867 3,581,279 3,707,773 1,051,037
Creditors and accruals 98,478 63,993 197,841 85,535 110,310
Outstanding claims 69,964 80,814 68,766 62,090 52,895
Taxation 12,693 37,144 6,952 45,017 18,720
Deferred taxation 34,599 34,599 15,346 5,959 5,959
Dividend - - - - 76,358
Insurance fund 240,703 181,124 169,644 49,195 51,769
397,674 458,549 247,796 16,011
456,437 3,027,193 3,122,730 3459977 735,026
Called up share capital 3,251,753 2,501,753 2,501,753 2,501,753 545,415
Deposit for shares - 750,000 750,000 - -
Share premium 425,493 583,056 583,056 583,056 6,583
Share equilisation reserve - - - 87,465 31,001
Contingency reserve 184,040 160,254 133,402 116,650 98,499
General reserve (906,443) (967,870) (845,481) 171,053 53,528
Revalution reserve 517,133
Shareholder fund 3,471,976 3,027,193 3,122,730 3,459,977 735,026
TURNOVER AND PROFIT
Gross premium 1,226,181 895,075 558,403 271,522 292,794
(Loss)/ Profit before taxation 97,906 (39,140) (829,624) 183,744 132,268
(Loss)/Profit after taxation 61,427 (95,537) (849,677) 38,164 113,548
Dividend - - - 80,000 76,358
(Loss) Earnings per share 1k (2k) (17k) 10k 10k
Dividend per share - - - 2k 2k
Gross Premium
Less increase in unearned premium
Gross premium earned
Reinsurance cost
Net premium earned
Commission received
Total income
Direct claims paid
Increase/Decrease outstanding claims
Gross claims incurred
Reinsurance recoveries
Net claims incurred
Acquisition cost
Maintenance cost
Total deductions
Underwriting profit
Investment Income
Other Income
Total Income
Management Expenses
Provision for bad and doubtful accounts
Profit/ (loss) before taxation
(59,580) (11,479)
1,166,601 883,595
(90,559) (61,250)
1,076,042 822,345
30,042 15,500
1,106,084 837,845
250,008 128,395
(10,850) 12,048
239,158 140,443
(85,283) (55,994)
153,875 84,449
197,946 159,586
23,742 21,845
375,563 265,880
730,521 571,965
(5,430) 72,481
17,817 1,385
742,908 645,831
(450,602) (505,218)
(194,400) (179,753)
97,906 (39,140)
2010 2009
N' 000 N' 000
1,226,181 895,074
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
46
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
47
FIVE YEAR FINANCIAL SUMMARY NON-LIFE REVENUE AND PROFIT AND LOSS
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009 2008 2007 2006
N' 000 N' 000 N' 000 N' 000 N' 000
Bank balances and cash 58,840 44,255 19,967 464,176 31,252
Treasury bills - 50,000 - 200,000 -
Short term placements 558,192 494,516 972,369 1,283,158 396,249
Debtors and prepayments 729,233 780,211 783,143 448,382 476,674
Investments 979,108 987,740 912,093 965,132 75,970
Statutory deposit 300,000 300,000 300,000 300,000 35,000
Investment properties 184,147 184,147 97,322 - -
Fixed assets 1,118,893 583,998 496,385 46,925 35,892
3,928,413 3,424,867 3,581,279 3,707,773 1,051,037
Creditors and accruals 98,478 63,993 197,841 85,535 110,310
Outstanding claims 69,964 80,814 68,766 62,090 52,895
Taxation 12,693 37,144 6,952 45,017 18,720
Deferred taxation 34,599 34,599 15,346 5,959 5,959
Dividend - - - - 76,358
Insurance fund 240,703 181,124 169,644 49,195 51,769
397,674 458,549 247,796 16,011
456,437 3,027,193 3,122,730 3459977 735,026
Called up share capital 3,251,753 2,501,753 2,501,753 2,501,753 545,415
Deposit for shares - 750,000 750,000 - -
Share premium 425,493 583,056 583,056 583,056 6,583
Share equilisation reserve - - - 87,465 31,001
Contingency reserve 184,040 160,254 133,402 116,650 98,499
General reserve (906,443) (967,870) (845,481) 171,053 53,528
Revalution reserve 517,133
Shareholder fund 3,471,976 3,027,193 3,122,730 3,459,977 735,026
TURNOVER AND PROFIT
Gross premium 1,226,181 895,075 558,403 271,522 292,794
(Loss)/ Profit before taxation 97,906 (39,140) (829,624) 183,744 132,268
(Loss)/Profit after taxation 61,427 (95,537) (849,677) 38,164 113,548
Dividend - - - 80,000 76,358
(Loss) Earnings per share 1k (2k) (17k) 10k 10k
Dividend per share - - - 2k 2k
Gross Premium
Less increase in unearned premium
Gross premium earned
Reinsurance cost
Net premium earned
Commission received
Total income
Direct claims paid
Increase/Decrease outstanding claims
Gross claims incurred
Reinsurance recoveries
Net claims incurred
Acquisition cost
Maintenance cost
Total deductions
Underwriting profit
Investment Income
Other Income
Total Income
Management Expenses
Provision for bad and doubtful accounts
Profit/ (loss) before taxation
(59,580) (11,479)
1,166,601 883,595
(90,559) (61,250)
1,076,042 822,345
30,042 15,500
1,106,084 837,845
250,008 128,395
(10,850) 12,048
239,158 140,443
(85,283) (55,994)
153,875 84,449
197,946 159,586
23,742 21,845
375,563 265,880
730,521 571,965
(5,430) 72,481
17,817 1,385
742,908 645,831
(450,602) (505,218)
(194,400) (179,753)
97,906 (39,140)
2010 2009
N' 000 N' 000
1,226,181 895,074
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
48
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
49
GENERAL ACCIDENT - REVENUE ACCOUNT
FOR THE YEAR ENDED DECEMBER 31, 2010
FIRE - REVENUE ACCOUNT
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009
N' 000 N' 000
Gross premium 442,782 320,870
Less increase in unearned premium (36,348) (18,735)
Gross premium earned 406,633 302,135
Reinsurance cost (45,788) (36,403)
Net premium earned 360,656 265,732
Commission received 15,721 8,436
Total income 376,377 274,168
Direct claims paid 114,448 44,804
Increase in outstanding claims 21,190 28
Gross claims incurred 135,638 44,832
Reinsurance recoveries (58,051) (23,367)
Net claims incurred 77,588 21,465
Acquisition cost 91,106 58,372
Maintenance cost 8,572 7,831
Total deductions 177,266 96,305
Underwriting profit 199,111 177,863
2010 2009
N' 000 N' 000
Gross premium 167,676 86,217
Less increase in unearned premium (11,126) 3,430
Gross premium earned 178,802 89,647
Reinsurance cost 19,709 (11,412)
Net premium earned 159,093 78,235
Commission received 9,525 4,186
Total income 168,618 82,421
Direct claims paid 15,628 2,467
Increase/ [decrease] outstanding claims (11,354) 3,087
Gross claims incurred 4,274 5,554
Reinsurance recoveries (10,878) (4,291)
Net claims incurred (6,604) 1,263
Acquisition cost 32,210 17,751
Maintenance cost 3,246 2,104
Total deductions 28,852 21,118
Underwriting profit 139,766 61,303
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
48
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
49
GENERAL ACCIDENT - REVENUE ACCOUNT
FOR THE YEAR ENDED DECEMBER 31, 2010
FIRE - REVENUE ACCOUNT
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009
N' 000 N' 000
Gross premium 442,782 320,870
Less increase in unearned premium (36,348) (18,735)
Gross premium earned 406,633 302,135
Reinsurance cost (45,788) (36,403)
Net premium earned 360,656 265,732
Commission received 15,721 8,436
Total income 376,377 274,168
Direct claims paid 114,448 44,804
Increase in outstanding claims 21,190 28
Gross claims incurred 135,638 44,832
Reinsurance recoveries (58,051) (23,367)
Net claims incurred 77,588 21,465
Acquisition cost 91,106 58,372
Maintenance cost 8,572 7,831
Total deductions 177,266 96,305
Underwriting profit 199,111 177,863
2010 2009
N' 000 N' 000
Gross premium 167,676 86,217
Less increase in unearned premium (11,126) 3,430
Gross premium earned 178,802 89,647
Reinsurance cost 19,709 (11,412)
Net premium earned 159,093 78,235
Commission received 9,525 4,186
Total income 168,618 82,421
Direct claims paid 15,628 2,467
Increase/ [decrease] outstanding claims (11,354) 3,087
Gross claims incurred 4,274 5,554
Reinsurance recoveries (10,878) (4,291)
Net claims incurred (6,604) 1,263
Acquisition cost 32,210 17,751
Maintenance cost 3,246 2,104
Total deductions 28,852 21,118
Underwriting profit 139,766 61,303
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
50
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
51
MARINE - REVENUE ACCOUNT
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009
N' 000 N' 000
Gross premium 80,111 67,194
Less increase in unearned premium 6,898 524
Gross premium earned 87,009 72,518
Commission received (14,947) (13,435)
Net premium earned 72,062 59,083
Commission received 4,096 2,642
Total income 76,158 61,725
Direct claims paid 5,124 6,363
Increase/(decrease) outstanding claims (590) 2,563
Gross claims incurred 4,534 8,926
Reinsurance recoveries (4,038) (6,300)
Net claims incurred 496 2,626
Commission paid 1,204
Acquisition cost 14,882 14,926
Maintenance cost 1,554 1,640
Total deductions 16,932 19,192
Underwriting profit 59,226 42,533
MOTOR - REVENUE ACCOUNT
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009
N' 000 N' 000
Gross premium 535,613 420,793
Less increase in unearned premium (41,256) (1,498)
Gross premium earned 494,356 419,295
reinsurance cost (10,152) -
Net premium earned 484,231 419,295
Commission received 899 236
Total income 485,130 419,531
Direct claims paid 114,808 74,761
Increase in outstanding claims 20,096 6,370
Gross claims incurred 94,712 81,131
Reinsurance recoveries 12,316 (22,036)
Net claims incurred 82,396 59,095
Acquisition cost 59,747 59,900
Maintenance cost 10,370 10,270
Total deductions 152,513 129,265
Underwriting profit 323,617 290,266
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
50
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
51
MARINE - REVENUE ACCOUNT
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009
N' 000 N' 000
Gross premium 80,111 67,194
Less increase in unearned premium 6,898 524
Gross premium earned 87,009 72,518
Commission received (14,947) (13,435)
Net premium earned 72,062 59,083
Commission received 4,096 2,642
Total income 76,158 61,725
Direct claims paid 5,124 6,363
Increase/(decrease) outstanding claims (590) 2,563
Gross claims incurred 4,534 8,926
Reinsurance recoveries (4,038) (6,300)
Net claims incurred 496 2,626
Commission paid 1,204
Acquisition cost 14,882 14,926
Maintenance cost 1,554 1,640
Total deductions 16,932 19,192
Underwriting profit 59,226 42,533
MOTOR - REVENUE ACCOUNT
FOR THE YEAR ENDED DECEMBER 31, 2010
2010 2009
N' 000 N' 000
Gross premium 535,613 420,793
Less increase in unearned premium (41,256) (1,498)
Gross premium earned 494,356 419,295
reinsurance cost (10,152) -
Net premium earned 484,231 419,295
Commission received 899 236
Total income 485,130 419,531
Direct claims paid 114,808 74,761
Increase in outstanding claims 20,096 6,370
Gross claims incurred 94,712 81,131
Reinsurance recoveries 12,316 (22,036)
Net claims incurred 82,396 59,095
Acquisition cost 59,747 59,900
Maintenance cost 10,370 10,270
Total deductions 152,513 129,265
Underwriting profit 323,617 290,266
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
52
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
53
LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS
1. A ODUSU & ASSOCIATES 2. AARON CHINAEMEREM BRIGHT 3. AARON EBERE 4. ABAH EMMANUEL AUGUSTINE 5. ABAYOMI FETUGA 6. ABAYOMI KAYODE KOREDE7. ABAYOMI KAYODE KOREDE8. ABAYOMI KEHINDE TEMITAYO9. ABAYOMI KEHINDE TEMITAYO10. ABAYOMI TAIWO TEMITOPE11. ABDUL ADEOLA DEBORAH 12. ABDUL FOLASADE OLUFUNKE 13. ABDUL JIBRIN BABA 14. ABDUL ROTIMI OLUWATOYIN 15. ABDULAZEEZ MUSBAU BABS 16. ABDULLAH FARUK 17. ABDULLAHI A. BASIRAT 18. ABDULLAHI KHAMILU 19. ABDULMALIK MARYAM DALHATU (MRS) 20. ABDUL-QUADIR MUHAMMAD SABIU21. ABDUL-QUADIR MUHAMMAD SABIU22. ABDULRAHEEM FOLORUNSHO ABDULQADRI 23. ABDUL-RAHEEM OLATUNDE SULYMON 24. ABDULRASAQ ABISOLA JIMOH AMINAT 25. ABDULRASHEED OLADIMEJI 26. ABDULSALAMI BADIRU 27. ABDURAHEEM BABATUNDE MIKAIL 28. ABEGUNDE EMMANUEL OLUWASEUN 29. ABEOKUTA BAPTIST CHURCHES DEACONS FEL. 30. ABIDDE EDNA 31. ABIMBOLA OMOTUNDE RAPHAEL 32. ABIODUN FUNMI 33. ABIOLA OLAYEMI 34. ABIOLA OLUFUNKE 35. ABIONA EZEKIEL OLUDAYO 36. ABIONA SHERIFF JOSEPH 37. ABIOYE LEKAN 38. ABIOYE OLUWAFEMI THOMAS 39. ABIRI OLATUNDE OLALEKAN 40. ABOABA OLUWATOSIN ROTIMI 41. ABONYI BLESSING CHIOMA 42. ABONYI PAUL ONYEMECHI 43. ABRAHAM MATTEW GRACE 44. ABRAHAM PHILIP 45. ABRAHAMIC SEED OWODE(YEWA YOUTH) COOP. 46. ABU IBRAHIM AHMED 47. ABUBAKAR MAHMOUD BABAYO 48. ABUBAKAR MUSA IBRAHIM 49. ABUBAKAR UWA 50. ABUBAKAR YAHAYA DABO 51. ABUBAKAR ZAINAB ABDULLAHI 52. ABUGU IKENNA OGBONNA 53. ABURIME DANIEL IKHORIA 54. ACHINONU GLADYS NNENDA 55. ADAHUNSE RASHEED AGBOLADE 56. ADAJI ABUBAKAR OGIJO 57. ADAJI ATTAH 58. ADAMU AUWAL 59. ADAMU FIBI ALHERI 60. ADAMU MICAH GUMUS 61. ADAMU SABASTINE 62. ADAMU TAIYE 63. ADARAMAJA OLUBUNMI G. 64. ADARE MORENIKE FOLUSO65. ADARE MORENIKE FOLUSO66. ADEAGBO ADENIKE OLAJUMOKE 67. ADEBANJO ADEYINKA ADENIRAN68. ADEBANJO ADEYINKA ADENIRAN69. ADEBANJO DEBORAH TEJUMADE 70. ADEBANJO ELIZABETH AFOLAKE71. ADEBAYO ABIOLA ABIONA 72. ADEBAYO CHRISTIANAH OLUWATOYIN73. ADEBAYO FELIX OLALEKAN74. ADEBAYO OLAMIDE ADUKE 75. ADEBAYO ONAOLAPO ADENIYI 76. ADEBAYO SHAIBU AREMU 77. ADEBIMPE TAOFIK ADEBUKOLA 78. ADEBISI CALEB GBADEGESIN 79. ADEBISI JELEEL KOLAWOLE 80. ADEBISI MAROOF 81. ADEBIYI SADE AWENI82. ADEBIYI SADE AWENI83. ADEBIYI YUSUF OMOYENI 84. ADEBODUN ABIODUN ADEBAYO 85. ADEBUGA OMOWUNMI 86. ADEBUGA OMOWUNMI
87. ADEDARA ABAYOMI OLALEKAN 88. ADEDAYO ADEYINKA ADEKOYA 89. ADEDIRAN OLUFUNMILAYO AYOKA 90. ADEDOYIN ADEDAYO ADEDOTUN 91. ADEDOYIN RAYMOND 92. ADEEGBE AMINAT MOJI 93. ADEFIOYE ADEFEMI BELLO94. ADEFIOYE ADEFEMI BELLO95. ADEGBIE AYODELE ABIODUN 96. ADEGBITE SUNDAY NATHANIEL ABIODUN97. ADEGBITE SUNDAY NATHANIEL ABIODUN98. ADEGBOYEGA BABATUNDE ATANDARE99. ADEGBOYEGA GRACE ADELEYE .A 100. ADEGOKE ADEWALE M 101. ADEGOKE KAYODE TIRIMISIYU 102. ADEJARE DEBORAH 103. ADEJARE DEBORAH 104. ADEJOH JOSEPH OKPANACHI 105. ADEK NIGERIA ENTERPRISES 106. ADEKANBI SEMOLA CHRISTIANIAH 107. ADEKOGBE ADEWALE JULIUS 108. ADEKOYA MOHD AISHATU 109. ADEKOYA OLUWAMUYIWA 110. ADEKUNLE OLUDARE ADEDEJI 111. ADEKUNLE SAMUEL KAYODE 112. ADELADUN OLUMIDE 113. ADELAJA OLADELE J 114. ADELAKUN OLAMIDE MOJISOLA 115. ADELANI PAUL IGBALA 116. ADELEKE ADIJAT ADENRELE117. ADELEKE ADIJAT ADENRELE118. ADELEKE AYODEJI OLORUNLEKE 119. ADELEYE BABATUNDE MICHAEL 120. ADELEYE OLUMIDE ADEDEJI121. ADELEYE OLUMIDE ADEDEJI122. ADELUGBA OLAYINKA ADEBIMPE 123. ADEMINEGBE THOMAS MEREMUBIO 124. ADEMOLA ABAYOMI ADEKUNLE 125. ADEMOLA MAYOWA HAMMED 126. ADENAIKE LEYE ADEMUYIWA 127. ADENEKAN RUKKY GBADERO128. ADENIGBAGBE ADETOLA ADEDUN 129. ADENIJI FOLASADE 130. ADENIJI FOLASADE 131. ADENIJI MICHAEL AYOTUNDE132. ADENIKEN ABIGEAL 133. ADENIKEN ABIGEAL 134. ADENIRAN FUNKE OLOLADE 135. ADENIRAN GBEMISOLA 136. ADENIRAN GBEMISOLA 137. ADENIRAN ISAAC AJIBADE 138. ADENIYI ADEGBOLA 139. ADENIYI AZEEZ BABATOPE140. ADENIYI AZEEZ BABATOPE141. ADENIYI FREDRICK-ADEGOKE 142. ADENIYI MUDASIRU 143. ADENIYI RASHEED OLORUNTOSIN144. ADENIYI RASHEED OLORUNTOSIN145. ADENIYI SUNDAY ABRAHAM 146. ADENOWUN OLADIPUPO 147. ADEOBA ADETUNJI 148. ADEOBA ADETUNJI 149. ADEOGUN RASHEEDAT 150. ADEOJO GABRIEL ADEYEMI151. ADEOJO GABRIEL ADEYEMI152. ADEOLU GIDADO 153. ADEOSHUN GRACE OMOYEMI 154. ADEOSUN KEHINDE OSENAT155. ADEOSUN KEHINDE OSENAT156. ADEOYE RAPHAEL G. 157. ADEPOJU ABIOLA MODUPE158. ADEPOJU ABIOLA MODUPE159. ADEPOJU ADEMOLA DAVID 160. ADERIBIGBE OLAIDE RUTH161. ADEROGBA ADETUNJI 162. ADEROUNMU ISAAC ADEWUMI 163. ADESANYA OLAYEMI HANNAH 164. ADESHINA ISMAIL OLUSEGUN 165. ADESIDA OKUNADE MICHEAL 166. ADESIDA OLUWABUNMI HELLEN 167. ADESIDA ZACHEAUS OLUSOLA 168. ADESIPE ADEBAYO ABIDEMI 169. ADETIBA YEJIDE REBECCHA 170. ADETUGBOBO IYABO OLABIYI 171. ADEWALE BOSE FOLUSO YINKA 172. ADEWALE MOROOF ADETONA
173. ADEWALE OLATUNJI JAMES 174. ADEWARA BUKOLA 175. ADEWOLE S. K.176. ADEWUMI OLUBUNMI SUNDAY177. ADEWUMI TAOFIK ABDUL 178. ADEWUNMI ANNABELLA ADEMUYIWA 179. ADEWUNMI OLADUNNI MUJIRAT 180. ADEWUNMI SEMIU ADEKOLA181. ADEWUNMI SEMIU ADEKOLA182. ADEWUSI MOSES ADEBAYO 183. ADEWUYI ISIAKA DIEKOLA 184. ADEYANJU ADENIKE BAMIDELE 185. ADEYANJU AGBOOLA EBENEZER 186. ADEYEMI ABIODUN ADENIYI 187. ADEYEMI ADEWALE IDOWU 188. ADEYEMI FRANCIS A. 189. ADEYEMI OLUSOGA OLUWAMUYIWA 190. ADEYEMI OLUWAFUNJO EROMOSELE 191. ADEYEMI OLUWATOMISIN OSEMUDIAMEN 192. ADEYEMI STEPHEN OLUMUYIWA 193. ADEYEMI WILLIAMS OLUSEGUN 194. ADEYEMO ADEBAYO OYEWOLE 195. ADEYEMO OLADIPO OLUKAYODE 196. ADEYEMO ROTIMI ADEDAYO 197. ADEYEYE FALILAT B. 198. ADEYEYE TOMIKE FELICIA, 199. ADEYOYIN ADEDAPO A. O. 200. ADIGHA EBIMOBOWEI 201. ADIGHIJE CHRIS 202. ADIGUN RACHAEL OLUWATOYIN 203. ADIO OLUSOLA 204. ADISA BIODUN OLUBUNMI AKANNI 205. ADU RUTH TEMI 206. ADUBU-AYENI TAIWO AARINOLA 207. ADUNBARIN TEMITOPE MORENIKE 208. AFOLABI IBRAHIM ABIMBOLA 209. AFOLABI OMOLABAKE HAFSAT210. AFONJA YEMISI BALQIS 211. AFONUGHE EDEWOR 212. AGANAH OGAHINYOHE GODWIN 213. AGBAJE NURU & OYIDU 214. AGBAJELOLA HAMEED 215. AGBAJELOLA HAMEED 216. AGBALAYA OLANREWAJU IBRAHIM 217. AGBASIERE GILBERT 218. AGBATO ABIOLA ELIZABETH219. AGBATO ABIOLA ELIZABETH220. AGBESIME GABRIEL 221. AGBEYE SUNDAY FELIX 222. AGBO JOHN SANI 223. AGBO KINGSLEY CHIBUZOR.O 224. AGBOGHAI UWAYA JUDE 225. AGBOGUN SARAFA ADEWUMI226. AGBOGUN SARAFA ADEWUMI227. AGBONTAEN ELIZABETH OSAMEDE. 228. AGBOOLA ABDULLAH AKANNI229. AGBOOLA ADEMOLA 230. AGBOOLA AMOS OLUSEGUN231. AGBOOLA AMOS OLUSEGUN232. AGBOOLA BOLATITO SAKIRAT233. AGBOOLA BOLATITO SAKIRAT234. AGBOOLA EMMANUEL OBIESESAN 235. AGHA CLEMENT NNAMDI 236. AGHAENU AUGUSTINE NGHEDO 237. AGHARA JOSEPH OKECHUKWU 238. AGHEDO EFOSA 239. AGHO OSARODION 240. AGHOGHOVBIA BRIGHT AKPOTURE 241. AGHOLOR MERCY NWAKAEGO 242. AGU ERNEST OGBONNA 243. AGUNKEJOYE SAMUEL OLUWASEGUN 244. AGUNSOYE OLUROTIMI JOHNSON 245. AHAMIOJIE CHRISTABEL K 246. AHMED KABIR 247. AHMED NURUDEEN ATANDA 248. AHMED OLATUNJI LIADI 249. AHMED SUFYAN 250. AHMED-FARI HAUWA 251. AIDI OLUWATOYIN IYABODE 252. AIGBEVBOLE ISUAN MARCELLINA253. AIGBEVBOLE ISUAN MARCELLINA254. AIGBOGUN OSARUMWENSE 255. AIGBOKHAI EDEKIN LUCKY 256. AIL SECURITIES LTD-DEPOSIT A/C 257. AILERU SELIMOT AMOPE 258. AIMIEROVBIYE .E
259. AINA BAKARE 260. AINA FUNMI 261. AIYEBAMERU CALEB OLUWASEGUN 262. AJADI DANIEL OLAMIDE OLUSEGUN263. AJADI ELIZABETH ABIOLA264. AJADI SAMUEL OLUWAGBEMIGA265. AJAEGBA PAUL OGHENE-ROBOR 266. AJAERO CHIKEZIE DICKSON 267. AJAJA OLORUNFEMI KAYODE 268. AJALA SAMUEL OLUSEGUN 269. AJAO MOSUDI AYINDE 270. AJASA BABATUNDE ADESINA 271. AJAYI ABIODUN 272. AJAYI OMOTAYO ABIODUN273. AJAYI SAMSON KUNLE 274. AJAYI TAIWO ISAAC 275. AJEKIIGBE MOSES OLU 276. AJEWOLE ADEOYE ADEKUNLE277. AJEWOLE ADEOYE ADEKUNLE278. AJIBARE ADEDAYO OLUYEMI279. AJIBARE ADEDAYO OLUYOMI 280. AJIBARE ADEFELA ADARANIJO 281. AJIBOSO OLUFEMI AKINDELE282. AJIBOSO OLUFEMI AKINDELE283. AJIBOYE EMMANUEL OLUDELE284. AJIBOYE EMMANUEL OLUDELE285. AJIBOYE MUFUTAU TEMITOPE 286. AJIBOYE OLATUNJI KUNLE 287. AJIBOYE OLUWAKEMI ABIDEMI 288. AJISAFE ABAYOMI 289. AJITERU OYEBANJI KEHINDE290. AJITERU OYEBANJI KEHINDE291. AJOMALE ADEJOKE OLUWATOYIN 292. AJULUCHUKWU ANTHONY U. 293. AJUONU CHIAGOZIEM 294. AKABUEZE TITUS O. 295. AKABUEZE TITUS ODIONYEBUCHUKWU 296. AKAKPORO EMMANUEL CHUKWUDUWEN 297. AKALA ALEX ADERENLE298. AKAMO BABATUNDE ADEMOLA 299. AKAN ATIM ASUKWO BASSEY 300. AKANBI KUDUS OLALEKAN 301. AKANDE SALIMOT ABOSEDE 302. AKANINYENE ADIDIONG 303. AKANINYENE FEDELIS USORO 304. AKANNI CYMONE OLUTOYESE 305. AKANU HENRY OKWUDILI 306. AKENE KARO EWOMA ZINO 307. AKHERE CHARLES ODIANOSEN 308. AKHIGBE ALEX UNUABONA 309. AKHIMIEN PATIENCE ONOSEMUDIANA 310. AKIN NNANA FATHER 311. AKINADE KAZEEM 312. AKINBAMIRE AMOS AKIN 313. AKINBISOYE OLUSEGUN BAYO 314. AKINBOBOYE JOSEPH TAIWO 315. AKINBODE MICHAEL OLAYIWOLA316. AKINBODE MICHAEL OLAYIWOLA317. AKINDAYOMI IFEOLUWA .O 318. AKINDE OLUMIDE ADEGBENGA 319. AKINDELE ADEKUNLE MICHAEL 320. AKINGOROYE OLUSEGUN 321. AKINJO KOLADE VICTOR 322. AKINLUA JADESOLA YETUNDE 323. AKINMEGHA TAIWO OPEYEMI 324. AKINOLA LISA INUMIDUN BRIGHT 325. AKINOLA OLUFEMI SAMUEL326. AKINOLA OLUFEMI SAMUEL327. AKINREMI OLASUNKANMI AKINWUMI 328. AKINSIPE FRANKLIN A 329. AKINSO STELLA 330. AKINSOLA OLUWAKEMI TEMITOPE 331. AKINSULIRE ROBERT TOKUNBO332. AKINSULIRE ROBERT TOKUNBO333. AKINTARO EUNICE ENIOLA334. AKINTARO GRACE ODUNAYO335. AKINTARO GRACE ODUNAYO336. AKINTOLA FEYISITAN AFOLAKE 337. AKINTOLA OLUKAYODE OLAITAN 338. AKINTOLA TITILOLA 339. AKINTOYE OLUFUNMILAYO REGINA 340. AKINTUNDE OMONIYI OLUWADAMILOLA 341. AKINWALE OLAWUNMI OLADUNNI 342. AKINWALE OMONIYI JOSEPHINE 343. AKINWALE SAMSON TAJU 344. AKINWOLERE JOHN SEGUN
345. AKINWUMIJU AYODEJI PAUL346. AKINWUNMI IBIDAPOMOLA 347. AKINYEMI GABRIEL ADESHOKAN 348. AKINYEMI OLUWATOMILOLA RONKE349. AKITAH ELLIOT OSARO 350. AKOBUNDU GODWIN OGECHUKWUAIKAMA 351. AKOGUN OLAFIMIHAN EMMANUEL 352. AKOMOLAFE ADEGBOYEGA OLA 353. AKORAH IFEANYI 354. AKOSA JOSHUA CHINAECHEREM 355. AKOSILE IDOWU OLAJIMI 356. AKPABIO MONDAY GODWIN 357. AKPAETOK AKPAN USORO 358. AKPAN ANIEDI-ABASI O. 359. AKPAN ETOP ANDY 360. AKPAN GEORGE SAMPSON 361. AKPAN JOB BERNAND 362. AKPAN MICHAEL UDOFA363. AKPATA EGIE EFOSA 364. AKPOJIVI RAYMOND DR 365. AKPONOVO OGHENELUKUME FESTUS 366. AKUBO ADEGBE WILSON 367. AKUBUE NONSO EMMANUEL 368. AKUNAEZIRI POLYCARP ANAYOCHUKWU 369. AKWAFUO KELECHI MODESTUS 370. ALABI ADELAYO JOSEPH 371. ALABI NURAT IYABO 372. ALABI PAULINA IMABS 373. ALABI QUADRI AKINOLA 374. ALABI SAKA KOLAPO 375. ALABO ATUSEN 376. ALADEGBOYE FUNSO KOLE 377. ALADEITAN EVELYN TEBEBIERE 378. ALADEMEHIN DANIEL FEMI 379. ALADEYELU J. A.380. ALAKE GRACE OLUWAYEMISI 381. ALAMUTU MEMUNAT YETUNDE 382. ALAO TAIWO 383. ALAO VICTORIA ADEJOKE 384. ALAPO OLADEJI JOHN 385. ALAPO TIMOTHY G. 386. ALASAN YAHAYA AKIM 387. ALATTA JOY 388. ALBERT IFEOLUWA LAURA 389. ALEKE ABEL CHINEDU 390. ALEX NWANGWU THERESA A 391. ALHASSAN HARU 392. ALI PEACE ONYINYE 393. ALIGBA ALICE ANN 394. ALIMI SHAKIRU OLUKAYODE 395. ALIYU BASHIRU MODIBBO 396. ALNAS DINAMIC LINKS LTD 397. ALUKO BUNMI OSUOLAPE 398. ALUKO LAWRENCE OLUFAYO 399. ALUKO MOJISOLA ESTHER 400. ALUKO OLUWASEUN PETER401. ALUKO ZACCHAEUS ABIODUN 402. ALUMONA SCHOLASTICA IJEOMA 403. AMADI CHINYERE LINA 404. AMADI EDITH NKEM J 405. AMAECHI RUFUS CHISARAUKA 406. AMEH CALEB ADA-EGAHI 407. AMEH GODWIN UFEDO 408. AMENAGHAWON FELIX OSAROSE 409. AMEZE HILLARY OTSU 410. AMIGO-JAFOR MARY EMILOJU 411. AMIOLEMEN COMFORT OMOYE 412. AMODU TEMITOPE SULAIMON 413. AMOO WAHAB OLAWALE/INTERSEC 414. AMORE OLAYEMI DAVID 415. AMOS EMMANUEL 416. AMOYE SEGUN 417. AMUJO ADEDAMOLA PRAISES OREOLUWA 418. AMUNA HELEN 419. AMUSA VICTOR OLATUNDE420. ANADU BEATRICE NWAMALUBIA 421. ANAGWONYE BENJAMIN CHINEDU 422. ANDREW INNOENT SUNDAY 423. ANI HARRIS EFE424. ANI IKECHUKWU JOSEPH 425. ANICHEBE CHIBUZO CALISTUS 426. ANIEKWE HARLOD IKEMEFUNA 427. ANIEKWE PRISCILLA CHINELO 428. ANIEKWE UCHECHUKWU V 429. ANIEMENA CHRISTOPHER OLUCHUKWU 430. ANIEZE-CORONA IFEOMA
431. ANIKA REUBEN OBI 432. ANIKWE CLETUS CHIJIOKE 433. ANIOBI KENECHUKWU CHIKA 434. ANIWETALU UCHENNA 435. ANTHONY DANIEL CHIGOZIRIM 436. ANUFORO FELIX UCHECHUKWU P. 437. ANUKWU CHINEDU 438. ANYADIEGWU CYPRIAN SUN 439. ANYAEGBU CLEMENT NDIDIAMAKA 440. ANYALUORE MICHAEL OWOTEMU 441. ANYANWU KING GERYASE442. ANYANWU KING GERYASE443. ANYAOKEI CHARLES CHUKUGOZI 444. ANYASO LYDIA UGOCHI (MRS) 445. ANYOKU AMAKA CLARICE 446. APEMIYE DAVID 447. APIAKA STEPHEN OKECHUKWU 448. ARCHIBONG IBANGA 449. ARCHIBONG UDUAK ANIEFIOK 450. AREGBESOLA YAYA AREMU 451. AREMU DEBORAH OLADUNNI 452. AREMU FOLAKE ADEJOKE 453. AREOGUN-SOYODE OLAYINKA 454. ARETA NGOZI NWOSU 455. ARIGBEDE OLUMAYOWA OLATUTU 456. ARILESERE ABDULSATAR OLAJIDE 457. ARIYIBI RICHARD ADELANI 458. AROGUNDADE OLUFEMI FESTUS459. AROGUNDADE TOLUWALOJU JOSHUA 460. AROKE EMMANUEL BIODUN 461. AROWOLO FATAI OLUSEGUN 462. ARUBERE FELIX IKIYO 463. ARUBIKE KEN (MR & MRS) 464. ARUKHE DENIS SUNDAY 465. ARULOGUN ELIZABETH ADEFOLAKE 466. ARUM SYLVESTER CHIBUIKE 467. ARUMEMI SOLOMON AIGBOKHAI 468. ASA PAUL TOMOLA 469. ASADE OLABISI MUSTAFA470. ASADE OLABISI MUSTAFA471. ASAIJE EMMANUEL ONYEMECHI 472. ASEKHAMHE MARCUS 473. ASEMOTA EFOSA 474. ASEMOTA NOSKHARE LUCY 475. ASIEGBU MONDAY 476. ASINE ANSLEM 477. ASOGBA TEMITOPE S. 478. ASUOHA UZOMA CHAMBERLAIN 479. ASUQUO EKPENYONG BASSEY 480. ATAGANA OBADA SAMUEL481. ATANDA FOLASADE TEMITOPE 482. ATANLUSI SAMUEL OLAREWAJU 483. ATEGOH ESTHER O 484. ATENIOLA ABIODUN LAWRENCE 485. ATIBA ADEBIMPE ELIZABETH 486. ATIKUEKE OKEOGHENE 487. ATKINSON MOSUNMOLA ENITAN488. ATOMON I. FAITHFUL 489. ATOMON O. FAVOUR 490. ATTAH DAVID 491. ATTUEYI CHIDALU ERIC 492. ATUNDE ABIGAIL OMOLOLA493. AUDU ISHAYA RIMSAK 494. AWAK FRANK .E. 495. AWE OLUWASEYI BABATUNDE 496. AWEJE ABU AVEZAN 497. AWOBADEJO YETUNDE AWOBADEJO 498. AWODIRAN E 499. AWOLEKE SAMUEL AWOTOKUN 500. AWOLEYE PETER OLALEKAN501. AWOLOKUN OLUWAKEMI BUKOLA502. AWOLOLA SUNDAY PETER 503. AWOLUSI DAVID FEMI504. AWORANTI OLATUNDE AWOTOKUN 505. AWOSANMI VICTOR OLUGBENGA506. AWOSINA MOPELOLA 507. AWOSINA MOPELOLA 508. AWOSINA SIMILEOLUWA 509. AWOSINA SIMILEOLUWA 510. AWOYEMI KIKILOMO OMOTOLA 511. AWULONU JOY 512. AYAMAOWEI AWONGO 513. AYANGBADE GIDEON DUROJAYE 514. AYANWALE WURAOLA JOSEPHINE515. AYANWALE WURAOLA JOSEPHINE516. AYEDUN GODWIN OLUSEYE
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
52
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
53
LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS
1. A ODUSU & ASSOCIATES 2. AARON CHINAEMEREM BRIGHT 3. AARON EBERE 4. ABAH EMMANUEL AUGUSTINE 5. ABAYOMI FETUGA 6. ABAYOMI KAYODE KOREDE7. ABAYOMI KAYODE KOREDE8. ABAYOMI KEHINDE TEMITAYO9. ABAYOMI KEHINDE TEMITAYO10. ABAYOMI TAIWO TEMITOPE11. ABDUL ADEOLA DEBORAH 12. ABDUL FOLASADE OLUFUNKE 13. ABDUL JIBRIN BABA 14. ABDUL ROTIMI OLUWATOYIN 15. ABDULAZEEZ MUSBAU BABS 16. ABDULLAH FARUK 17. ABDULLAHI A. BASIRAT 18. ABDULLAHI KHAMILU 19. ABDULMALIK MARYAM DALHATU (MRS) 20. ABDUL-QUADIR MUHAMMAD SABIU21. ABDUL-QUADIR MUHAMMAD SABIU22. ABDULRAHEEM FOLORUNSHO ABDULQADRI 23. ABDUL-RAHEEM OLATUNDE SULYMON 24. ABDULRASAQ ABISOLA JIMOH AMINAT 25. ABDULRASHEED OLADIMEJI 26. ABDULSALAMI BADIRU 27. ABDURAHEEM BABATUNDE MIKAIL 28. ABEGUNDE EMMANUEL OLUWASEUN 29. ABEOKUTA BAPTIST CHURCHES DEACONS FEL. 30. ABIDDE EDNA 31. ABIMBOLA OMOTUNDE RAPHAEL 32. ABIODUN FUNMI 33. ABIOLA OLAYEMI 34. ABIOLA OLUFUNKE 35. ABIONA EZEKIEL OLUDAYO 36. ABIONA SHERIFF JOSEPH 37. ABIOYE LEKAN 38. ABIOYE OLUWAFEMI THOMAS 39. ABIRI OLATUNDE OLALEKAN 40. ABOABA OLUWATOSIN ROTIMI 41. ABONYI BLESSING CHIOMA 42. ABONYI PAUL ONYEMECHI 43. ABRAHAM MATTEW GRACE 44. ABRAHAM PHILIP 45. ABRAHAMIC SEED OWODE(YEWA YOUTH) COOP. 46. ABU IBRAHIM AHMED 47. ABUBAKAR MAHMOUD BABAYO 48. ABUBAKAR MUSA IBRAHIM 49. ABUBAKAR UWA 50. ABUBAKAR YAHAYA DABO 51. ABUBAKAR ZAINAB ABDULLAHI 52. ABUGU IKENNA OGBONNA 53. ABURIME DANIEL IKHORIA 54. ACHINONU GLADYS NNENDA 55. ADAHUNSE RASHEED AGBOLADE 56. ADAJI ABUBAKAR OGIJO 57. ADAJI ATTAH 58. ADAMU AUWAL 59. ADAMU FIBI ALHERI 60. ADAMU MICAH GUMUS 61. ADAMU SABASTINE 62. ADAMU TAIYE 63. ADARAMAJA OLUBUNMI G. 64. ADARE MORENIKE FOLUSO65. ADARE MORENIKE FOLUSO66. ADEAGBO ADENIKE OLAJUMOKE 67. ADEBANJO ADEYINKA ADENIRAN68. ADEBANJO ADEYINKA ADENIRAN69. ADEBANJO DEBORAH TEJUMADE 70. ADEBANJO ELIZABETH AFOLAKE71. ADEBAYO ABIOLA ABIONA 72. ADEBAYO CHRISTIANAH OLUWATOYIN73. ADEBAYO FELIX OLALEKAN74. ADEBAYO OLAMIDE ADUKE 75. ADEBAYO ONAOLAPO ADENIYI 76. ADEBAYO SHAIBU AREMU 77. ADEBIMPE TAOFIK ADEBUKOLA 78. ADEBISI CALEB GBADEGESIN 79. ADEBISI JELEEL KOLAWOLE 80. ADEBISI MAROOF 81. ADEBIYI SADE AWENI82. ADEBIYI SADE AWENI83. ADEBIYI YUSUF OMOYENI 84. ADEBODUN ABIODUN ADEBAYO 85. ADEBUGA OMOWUNMI 86. ADEBUGA OMOWUNMI
87. ADEDARA ABAYOMI OLALEKAN 88. ADEDAYO ADEYINKA ADEKOYA 89. ADEDIRAN OLUFUNMILAYO AYOKA 90. ADEDOYIN ADEDAYO ADEDOTUN 91. ADEDOYIN RAYMOND 92. ADEEGBE AMINAT MOJI 93. ADEFIOYE ADEFEMI BELLO94. ADEFIOYE ADEFEMI BELLO95. ADEGBIE AYODELE ABIODUN 96. ADEGBITE SUNDAY NATHANIEL ABIODUN97. ADEGBITE SUNDAY NATHANIEL ABIODUN98. ADEGBOYEGA BABATUNDE ATANDARE99. ADEGBOYEGA GRACE ADELEYE .A 100. ADEGOKE ADEWALE M 101. ADEGOKE KAYODE TIRIMISIYU 102. ADEJARE DEBORAH 103. ADEJARE DEBORAH 104. ADEJOH JOSEPH OKPANACHI 105. ADEK NIGERIA ENTERPRISES 106. ADEKANBI SEMOLA CHRISTIANIAH 107. ADEKOGBE ADEWALE JULIUS 108. ADEKOYA MOHD AISHATU 109. ADEKOYA OLUWAMUYIWA 110. ADEKUNLE OLUDARE ADEDEJI 111. ADEKUNLE SAMUEL KAYODE 112. ADELADUN OLUMIDE 113. ADELAJA OLADELE J 114. ADELAKUN OLAMIDE MOJISOLA 115. ADELANI PAUL IGBALA 116. ADELEKE ADIJAT ADENRELE117. ADELEKE ADIJAT ADENRELE118. ADELEKE AYODEJI OLORUNLEKE 119. ADELEYE BABATUNDE MICHAEL 120. ADELEYE OLUMIDE ADEDEJI121. ADELEYE OLUMIDE ADEDEJI122. ADELUGBA OLAYINKA ADEBIMPE 123. ADEMINEGBE THOMAS MEREMUBIO 124. ADEMOLA ABAYOMI ADEKUNLE 125. ADEMOLA MAYOWA HAMMED 126. ADENAIKE LEYE ADEMUYIWA 127. ADENEKAN RUKKY GBADERO128. ADENIGBAGBE ADETOLA ADEDUN 129. ADENIJI FOLASADE 130. ADENIJI FOLASADE 131. ADENIJI MICHAEL AYOTUNDE132. ADENIKEN ABIGEAL 133. ADENIKEN ABIGEAL 134. ADENIRAN FUNKE OLOLADE 135. ADENIRAN GBEMISOLA 136. ADENIRAN GBEMISOLA 137. ADENIRAN ISAAC AJIBADE 138. ADENIYI ADEGBOLA 139. ADENIYI AZEEZ BABATOPE140. ADENIYI AZEEZ BABATOPE141. ADENIYI FREDRICK-ADEGOKE 142. ADENIYI MUDASIRU 143. ADENIYI RASHEED OLORUNTOSIN144. ADENIYI RASHEED OLORUNTOSIN145. ADENIYI SUNDAY ABRAHAM 146. ADENOWUN OLADIPUPO 147. ADEOBA ADETUNJI 148. ADEOBA ADETUNJI 149. ADEOGUN RASHEEDAT 150. ADEOJO GABRIEL ADEYEMI151. ADEOJO GABRIEL ADEYEMI152. ADEOLU GIDADO 153. ADEOSHUN GRACE OMOYEMI 154. ADEOSUN KEHINDE OSENAT155. ADEOSUN KEHINDE OSENAT156. ADEOYE RAPHAEL G. 157. ADEPOJU ABIOLA MODUPE158. ADEPOJU ABIOLA MODUPE159. ADEPOJU ADEMOLA DAVID 160. ADERIBIGBE OLAIDE RUTH161. ADEROGBA ADETUNJI 162. ADEROUNMU ISAAC ADEWUMI 163. ADESANYA OLAYEMI HANNAH 164. ADESHINA ISMAIL OLUSEGUN 165. ADESIDA OKUNADE MICHEAL 166. ADESIDA OLUWABUNMI HELLEN 167. ADESIDA ZACHEAUS OLUSOLA 168. ADESIPE ADEBAYO ABIDEMI 169. ADETIBA YEJIDE REBECCHA 170. ADETUGBOBO IYABO OLABIYI 171. ADEWALE BOSE FOLUSO YINKA 172. ADEWALE MOROOF ADETONA
173. ADEWALE OLATUNJI JAMES 174. ADEWARA BUKOLA 175. ADEWOLE S. K.176. ADEWUMI OLUBUNMI SUNDAY177. ADEWUMI TAOFIK ABDUL 178. ADEWUNMI ANNABELLA ADEMUYIWA 179. ADEWUNMI OLADUNNI MUJIRAT 180. ADEWUNMI SEMIU ADEKOLA181. ADEWUNMI SEMIU ADEKOLA182. ADEWUSI MOSES ADEBAYO 183. ADEWUYI ISIAKA DIEKOLA 184. ADEYANJU ADENIKE BAMIDELE 185. ADEYANJU AGBOOLA EBENEZER 186. ADEYEMI ABIODUN ADENIYI 187. ADEYEMI ADEWALE IDOWU 188. ADEYEMI FRANCIS A. 189. ADEYEMI OLUSOGA OLUWAMUYIWA 190. ADEYEMI OLUWAFUNJO EROMOSELE 191. ADEYEMI OLUWATOMISIN OSEMUDIAMEN 192. ADEYEMI STEPHEN OLUMUYIWA 193. ADEYEMI WILLIAMS OLUSEGUN 194. ADEYEMO ADEBAYO OYEWOLE 195. ADEYEMO OLADIPO OLUKAYODE 196. ADEYEMO ROTIMI ADEDAYO 197. ADEYEYE FALILAT B. 198. ADEYEYE TOMIKE FELICIA, 199. ADEYOYIN ADEDAPO A. O. 200. ADIGHA EBIMOBOWEI 201. ADIGHIJE CHRIS 202. ADIGUN RACHAEL OLUWATOYIN 203. ADIO OLUSOLA 204. ADISA BIODUN OLUBUNMI AKANNI 205. ADU RUTH TEMI 206. ADUBU-AYENI TAIWO AARINOLA 207. ADUNBARIN TEMITOPE MORENIKE 208. AFOLABI IBRAHIM ABIMBOLA 209. AFOLABI OMOLABAKE HAFSAT210. AFONJA YEMISI BALQIS 211. AFONUGHE EDEWOR 212. AGANAH OGAHINYOHE GODWIN 213. AGBAJE NURU & OYIDU 214. AGBAJELOLA HAMEED 215. AGBAJELOLA HAMEED 216. AGBALAYA OLANREWAJU IBRAHIM 217. AGBASIERE GILBERT 218. AGBATO ABIOLA ELIZABETH219. AGBATO ABIOLA ELIZABETH220. AGBESIME GABRIEL 221. AGBEYE SUNDAY FELIX 222. AGBO JOHN SANI 223. AGBO KINGSLEY CHIBUZOR.O 224. AGBOGHAI UWAYA JUDE 225. AGBOGUN SARAFA ADEWUMI226. AGBOGUN SARAFA ADEWUMI227. AGBONTAEN ELIZABETH OSAMEDE. 228. AGBOOLA ABDULLAH AKANNI229. AGBOOLA ADEMOLA 230. AGBOOLA AMOS OLUSEGUN231. AGBOOLA AMOS OLUSEGUN232. AGBOOLA BOLATITO SAKIRAT233. AGBOOLA BOLATITO SAKIRAT234. AGBOOLA EMMANUEL OBIESESAN 235. AGHA CLEMENT NNAMDI 236. AGHAENU AUGUSTINE NGHEDO 237. AGHARA JOSEPH OKECHUKWU 238. AGHEDO EFOSA 239. AGHO OSARODION 240. AGHOGHOVBIA BRIGHT AKPOTURE 241. AGHOLOR MERCY NWAKAEGO 242. AGU ERNEST OGBONNA 243. AGUNKEJOYE SAMUEL OLUWASEGUN 244. AGUNSOYE OLUROTIMI JOHNSON 245. AHAMIOJIE CHRISTABEL K 246. AHMED KABIR 247. AHMED NURUDEEN ATANDA 248. AHMED OLATUNJI LIADI 249. AHMED SUFYAN 250. AHMED-FARI HAUWA 251. AIDI OLUWATOYIN IYABODE 252. AIGBEVBOLE ISUAN MARCELLINA253. AIGBEVBOLE ISUAN MARCELLINA254. AIGBOGUN OSARUMWENSE 255. AIGBOKHAI EDEKIN LUCKY 256. AIL SECURITIES LTD-DEPOSIT A/C 257. AILERU SELIMOT AMOPE 258. AIMIEROVBIYE .E
259. AINA BAKARE 260. AINA FUNMI 261. AIYEBAMERU CALEB OLUWASEGUN 262. AJADI DANIEL OLAMIDE OLUSEGUN263. AJADI ELIZABETH ABIOLA264. AJADI SAMUEL OLUWAGBEMIGA265. AJAEGBA PAUL OGHENE-ROBOR 266. AJAERO CHIKEZIE DICKSON 267. AJAJA OLORUNFEMI KAYODE 268. AJALA SAMUEL OLUSEGUN 269. AJAO MOSUDI AYINDE 270. AJASA BABATUNDE ADESINA 271. AJAYI ABIODUN 272. AJAYI OMOTAYO ABIODUN273. AJAYI SAMSON KUNLE 274. AJAYI TAIWO ISAAC 275. AJEKIIGBE MOSES OLU 276. AJEWOLE ADEOYE ADEKUNLE277. AJEWOLE ADEOYE ADEKUNLE278. AJIBARE ADEDAYO OLUYEMI279. AJIBARE ADEDAYO OLUYOMI 280. AJIBARE ADEFELA ADARANIJO 281. AJIBOSO OLUFEMI AKINDELE282. AJIBOSO OLUFEMI AKINDELE283. AJIBOYE EMMANUEL OLUDELE284. AJIBOYE EMMANUEL OLUDELE285. AJIBOYE MUFUTAU TEMITOPE 286. AJIBOYE OLATUNJI KUNLE 287. AJIBOYE OLUWAKEMI ABIDEMI 288. AJISAFE ABAYOMI 289. AJITERU OYEBANJI KEHINDE290. AJITERU OYEBANJI KEHINDE291. AJOMALE ADEJOKE OLUWATOYIN 292. AJULUCHUKWU ANTHONY U. 293. AJUONU CHIAGOZIEM 294. AKABUEZE TITUS O. 295. AKABUEZE TITUS ODIONYEBUCHUKWU 296. AKAKPORO EMMANUEL CHUKWUDUWEN 297. AKALA ALEX ADERENLE298. AKAMO BABATUNDE ADEMOLA 299. AKAN ATIM ASUKWO BASSEY 300. AKANBI KUDUS OLALEKAN 301. AKANDE SALIMOT ABOSEDE 302. AKANINYENE ADIDIONG 303. AKANINYENE FEDELIS USORO 304. AKANNI CYMONE OLUTOYESE 305. AKANU HENRY OKWUDILI 306. AKENE KARO EWOMA ZINO 307. AKHERE CHARLES ODIANOSEN 308. AKHIGBE ALEX UNUABONA 309. AKHIMIEN PATIENCE ONOSEMUDIANA 310. AKIN NNANA FATHER 311. AKINADE KAZEEM 312. AKINBAMIRE AMOS AKIN 313. AKINBISOYE OLUSEGUN BAYO 314. AKINBOBOYE JOSEPH TAIWO 315. AKINBODE MICHAEL OLAYIWOLA316. AKINBODE MICHAEL OLAYIWOLA317. AKINDAYOMI IFEOLUWA .O 318. AKINDE OLUMIDE ADEGBENGA 319. AKINDELE ADEKUNLE MICHAEL 320. AKINGOROYE OLUSEGUN 321. AKINJO KOLADE VICTOR 322. AKINLUA JADESOLA YETUNDE 323. AKINMEGHA TAIWO OPEYEMI 324. AKINOLA LISA INUMIDUN BRIGHT 325. AKINOLA OLUFEMI SAMUEL326. AKINOLA OLUFEMI SAMUEL327. AKINREMI OLASUNKANMI AKINWUMI 328. AKINSIPE FRANKLIN A 329. AKINSO STELLA 330. AKINSOLA OLUWAKEMI TEMITOPE 331. AKINSULIRE ROBERT TOKUNBO332. AKINSULIRE ROBERT TOKUNBO333. AKINTARO EUNICE ENIOLA334. AKINTARO GRACE ODUNAYO335. AKINTARO GRACE ODUNAYO336. AKINTOLA FEYISITAN AFOLAKE 337. AKINTOLA OLUKAYODE OLAITAN 338. AKINTOLA TITILOLA 339. AKINTOYE OLUFUNMILAYO REGINA 340. AKINTUNDE OMONIYI OLUWADAMILOLA 341. AKINWALE OLAWUNMI OLADUNNI 342. AKINWALE OMONIYI JOSEPHINE 343. AKINWALE SAMSON TAJU 344. AKINWOLERE JOHN SEGUN
345. AKINWUMIJU AYODEJI PAUL346. AKINWUNMI IBIDAPOMOLA 347. AKINYEMI GABRIEL ADESHOKAN 348. AKINYEMI OLUWATOMILOLA RONKE349. AKITAH ELLIOT OSARO 350. AKOBUNDU GODWIN OGECHUKWUAIKAMA 351. AKOGUN OLAFIMIHAN EMMANUEL 352. AKOMOLAFE ADEGBOYEGA OLA 353. AKORAH IFEANYI 354. AKOSA JOSHUA CHINAECHEREM 355. AKOSILE IDOWU OLAJIMI 356. AKPABIO MONDAY GODWIN 357. AKPAETOK AKPAN USORO 358. AKPAN ANIEDI-ABASI O. 359. AKPAN ETOP ANDY 360. AKPAN GEORGE SAMPSON 361. AKPAN JOB BERNAND 362. AKPAN MICHAEL UDOFA363. AKPATA EGIE EFOSA 364. AKPOJIVI RAYMOND DR 365. AKPONOVO OGHENELUKUME FESTUS 366. AKUBO ADEGBE WILSON 367. AKUBUE NONSO EMMANUEL 368. AKUNAEZIRI POLYCARP ANAYOCHUKWU 369. AKWAFUO KELECHI MODESTUS 370. ALABI ADELAYO JOSEPH 371. ALABI NURAT IYABO 372. ALABI PAULINA IMABS 373. ALABI QUADRI AKINOLA 374. ALABI SAKA KOLAPO 375. ALABO ATUSEN 376. ALADEGBOYE FUNSO KOLE 377. ALADEITAN EVELYN TEBEBIERE 378. ALADEMEHIN DANIEL FEMI 379. ALADEYELU J. A.380. ALAKE GRACE OLUWAYEMISI 381. ALAMUTU MEMUNAT YETUNDE 382. ALAO TAIWO 383. ALAO VICTORIA ADEJOKE 384. ALAPO OLADEJI JOHN 385. ALAPO TIMOTHY G. 386. ALASAN YAHAYA AKIM 387. ALATTA JOY 388. ALBERT IFEOLUWA LAURA 389. ALEKE ABEL CHINEDU 390. ALEX NWANGWU THERESA A 391. ALHASSAN HARU 392. ALI PEACE ONYINYE 393. ALIGBA ALICE ANN 394. ALIMI SHAKIRU OLUKAYODE 395. ALIYU BASHIRU MODIBBO 396. ALNAS DINAMIC LINKS LTD 397. ALUKO BUNMI OSUOLAPE 398. ALUKO LAWRENCE OLUFAYO 399. ALUKO MOJISOLA ESTHER 400. ALUKO OLUWASEUN PETER401. ALUKO ZACCHAEUS ABIODUN 402. ALUMONA SCHOLASTICA IJEOMA 403. AMADI CHINYERE LINA 404. AMADI EDITH NKEM J 405. AMAECHI RUFUS CHISARAUKA 406. AMEH CALEB ADA-EGAHI 407. AMEH GODWIN UFEDO 408. AMENAGHAWON FELIX OSAROSE 409. AMEZE HILLARY OTSU 410. AMIGO-JAFOR MARY EMILOJU 411. AMIOLEMEN COMFORT OMOYE 412. AMODU TEMITOPE SULAIMON 413. AMOO WAHAB OLAWALE/INTERSEC 414. AMORE OLAYEMI DAVID 415. AMOS EMMANUEL 416. AMOYE SEGUN 417. AMUJO ADEDAMOLA PRAISES OREOLUWA 418. AMUNA HELEN 419. AMUSA VICTOR OLATUNDE420. ANADU BEATRICE NWAMALUBIA 421. ANAGWONYE BENJAMIN CHINEDU 422. ANDREW INNOENT SUNDAY 423. ANI HARRIS EFE424. ANI IKECHUKWU JOSEPH 425. ANICHEBE CHIBUZO CALISTUS 426. ANIEKWE HARLOD IKEMEFUNA 427. ANIEKWE PRISCILLA CHINELO 428. ANIEKWE UCHECHUKWU V 429. ANIEMENA CHRISTOPHER OLUCHUKWU 430. ANIEZE-CORONA IFEOMA
431. ANIKA REUBEN OBI 432. ANIKWE CLETUS CHIJIOKE 433. ANIOBI KENECHUKWU CHIKA 434. ANIWETALU UCHENNA 435. ANTHONY DANIEL CHIGOZIRIM 436. ANUFORO FELIX UCHECHUKWU P. 437. ANUKWU CHINEDU 438. ANYADIEGWU CYPRIAN SUN 439. ANYAEGBU CLEMENT NDIDIAMAKA 440. ANYALUORE MICHAEL OWOTEMU 441. ANYANWU KING GERYASE442. ANYANWU KING GERYASE443. ANYAOKEI CHARLES CHUKUGOZI 444. ANYASO LYDIA UGOCHI (MRS) 445. ANYOKU AMAKA CLARICE 446. APEMIYE DAVID 447. APIAKA STEPHEN OKECHUKWU 448. ARCHIBONG IBANGA 449. ARCHIBONG UDUAK ANIEFIOK 450. AREGBESOLA YAYA AREMU 451. AREMU DEBORAH OLADUNNI 452. AREMU FOLAKE ADEJOKE 453. AREOGUN-SOYODE OLAYINKA 454. ARETA NGOZI NWOSU 455. ARIGBEDE OLUMAYOWA OLATUTU 456. ARILESERE ABDULSATAR OLAJIDE 457. ARIYIBI RICHARD ADELANI 458. AROGUNDADE OLUFEMI FESTUS459. AROGUNDADE TOLUWALOJU JOSHUA 460. AROKE EMMANUEL BIODUN 461. AROWOLO FATAI OLUSEGUN 462. ARUBERE FELIX IKIYO 463. ARUBIKE KEN (MR & MRS) 464. ARUKHE DENIS SUNDAY 465. ARULOGUN ELIZABETH ADEFOLAKE 466. ARUM SYLVESTER CHIBUIKE 467. ARUMEMI SOLOMON AIGBOKHAI 468. ASA PAUL TOMOLA 469. ASADE OLABISI MUSTAFA470. ASADE OLABISI MUSTAFA471. ASAIJE EMMANUEL ONYEMECHI 472. ASEKHAMHE MARCUS 473. ASEMOTA EFOSA 474. ASEMOTA NOSKHARE LUCY 475. ASIEGBU MONDAY 476. ASINE ANSLEM 477. ASOGBA TEMITOPE S. 478. ASUOHA UZOMA CHAMBERLAIN 479. ASUQUO EKPENYONG BASSEY 480. ATAGANA OBADA SAMUEL481. ATANDA FOLASADE TEMITOPE 482. ATANLUSI SAMUEL OLAREWAJU 483. ATEGOH ESTHER O 484. ATENIOLA ABIODUN LAWRENCE 485. ATIBA ADEBIMPE ELIZABETH 486. ATIKUEKE OKEOGHENE 487. ATKINSON MOSUNMOLA ENITAN488. ATOMON I. FAITHFUL 489. ATOMON O. FAVOUR 490. ATTAH DAVID 491. ATTUEYI CHIDALU ERIC 492. ATUNDE ABIGAIL OMOLOLA493. AUDU ISHAYA RIMSAK 494. AWAK FRANK .E. 495. AWE OLUWASEYI BABATUNDE 496. AWEJE ABU AVEZAN 497. AWOBADEJO YETUNDE AWOBADEJO 498. AWODIRAN E 499. AWOLEKE SAMUEL AWOTOKUN 500. AWOLEYE PETER OLALEKAN501. AWOLOKUN OLUWAKEMI BUKOLA502. AWOLOLA SUNDAY PETER 503. AWOLUSI DAVID FEMI504. AWORANTI OLATUNDE AWOTOKUN 505. AWOSANMI VICTOR OLUGBENGA506. AWOSINA MOPELOLA 507. AWOSINA MOPELOLA 508. AWOSINA SIMILEOLUWA 509. AWOSINA SIMILEOLUWA 510. AWOYEMI KIKILOMO OMOTOLA 511. AWULONU JOY 512. AYAMAOWEI AWONGO 513. AYANGBADE GIDEON DUROJAYE 514. AYANWALE WURAOLA JOSEPHINE515. AYANWALE WURAOLA JOSEPHINE516. AYEDUN GODWIN OLUSEYE
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
54
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
55
517. AYEDUN GODWIN OLUSEYE518. AYENI ISIAH AKINBAMIDELE 519. AYENI OLUYEMI MICHAEL 520. AYENIOYE AMOS OYENIYI 521. AYERITE BECKY AGHOGHO 522. AYERITE EBI NGO 523. AYETIGBO MORENIKE & ABIMBOLA 524. AYIKA FELIX BAMIYO 525. AYIM AMAKA QUEEN 526. AYINLA WASIU AKINKUNMI 527. AYOADE ADETOLA E528. AYOADE MORUFU 529. AYORIND OYEBODE THOMAS530. AYORIND OYEBODE THOMAS531. AYUK EGAR EBAJI 532. AZEEZ ADEDAYO LATEEF 533. AZEEZ MUKHTAR OLUWASEUN 534. AZU JULIUS PATRICK 535. BABAFEMI OLA SUNDAY 536. BABALOLA ADEGBOYEGA ADESOJI 537. BABALOLA BAMIDELE SODIQ538. BABALOLA BAMIDELE SODIQ539. BABALOLA JONATHON ABAYOMI 540. BABALOLA ODUNOLA 541. BABALOLA SHOLA 542. BABALOLA SULAIMON BAMIDELE543. BABALOLA SULAIMON BAMIDELE544. BABALOLA WOSILAT OYOMI 545. BABALOLA ZAINAB ADERONKE 546. BABANIYI SAMUEL 547. BABATUNDE FLORENCE AGBEKE 548. BABATUNDE GBENGA SAMUEL 549. BABATUNDE JULIUS 550. BABATUNDE JULIUS 551. BABATUNDE MAYOWA 552. BABATUNDE SUNDAY KOLAWOLE 553. BADA OLAKUNLE FELIX 554. BADAMOSI NAJIM NKANLOLA 555. BADEJO ADEMOLA JULIUS -1 556. BADMUS KOLAWOLE SURAJ 557. BAGE ISTIFANUS ASSISALIMA 558. BAIYEKUSI TIMEYIN MOMOLAYEMI 559. BAKARE OLAYINKA TAIWO 560. BAKARE TAJUDEEN ADEMOLA 561. BALOGUN AKEEM ADEBISI 562. BALOGUN FOLASHADE MOPELOLA563. BALOGUN FOLASHADE MOPELOLA564. BALOGUN KABIR OLADELE 565. BALOGUN KAMORUDEEN 566. BALOGUN KAMORUDEEN 567. BALOGUN KAYODE OLUWAFEMI568. BALOGUN KAYODE OLUWAFEMI569. BALOGUN OLUDARE JOSEPH 570. BALOGUN SAHEED AKINLEYE 571. BAMGBOPA KEHINDE TAJUDEEN 572. BAMGBOYE ADEKOYEJO LEKAN 573. BAMGBOYE AYO 574. BAMIDELE OLUKEMI ADEOLA 575. BAMIDELE SAMUEL ADEYINKA 576. BANJO AYODEJI OLUWASEUN 577. BANJO BAMIDELE OLUWASEUN 578. BANJOKO SAMUEL ADEBOLA 579. BANKOLE IBUKUN OLATUNBOSUN 580. BANKOLE RHODA FOLASHADE 581. BANUSO FATIMA ABIMBOLA582. BANUSO FATIMA ABIMBOLA583. BANYE EKENE UDOKA 584. BASIRU OLAGUNJU BASIRU585. BASSEY JOY 586. BAYE ANNE-MARIE OPEKETE 587. BAYSAH JOHN OSWARD 588. BECKLEY OLUWATOSIN FIONA 589. BELLO AFOLABI OLUWASEUN 590. BELLO AIHSATU MUSA 591. BELLO OLAWALE NAJEEM 592. BELLO SAIDU NDAJIYA593. BELLO SULEIMAN ADETUNJI 594. BENNETT ISTIFANUS JOHN 595. BENO GLORIA 596. BEREDUGO OTOBARA LAYE E. 597. BESIRU MARK ISMAILA 598. BFCL INVESTMENT A/C 599. BIACHI ALFRED CHUKWUMAH 600. BIASI TOSIN BIODUN 601. BILLAND INTEGRATED IND LTD 602. BILLIE SOBOMA SOLOMON IWO
603. BIMAJ-TOP VENTURES 604. BIOKO BINAEBI NANCY 605. BITRUS PAUL ANDE 606. BOI-ASIKOKO ONYEISI PETER 607. BOI-UKEME YALI 608. BOLAJI OLUDARE SAMUEL609. BOLARINDE EUNICE OLAREWAJU 610. BONA CHIMAUCHEM JOHN611. BONA CHIMAUCHEM JOHN612. BOYO PAUL 613. BRATTE ELIJAH OMASANJUWA 614. BROWN TUONIMI 615. BUL CHRISTIE MBALUMUM 616. BULL KARINATE TOBINUS 617. BULURO AFOLAKE OLAYINKA 618. BULURO AYODELE ABIODUN 619. BULUSSON GIDION 620. BURUCHE DAVID OKECHUKWU621. BURUCHE DAVID OKECHUKWU622. BURUFEGHA SAMUEL STANLEY 623. BUSARI FATAI ADEGBOYEGA 624. BUSARI MUTIU OLATOKUNBO625. BUSARI MUTIU OLATOKUNBO626. CAPITAL ASSETS LTD-DEPOSIT A/C 627. CAPITAL ASSETS LTD-TRADED-STOCK-A/C 628. CENTURY SECURITIES LTD-TRADED-STOCK-A/C 629. CHARLES JAMES AKPAN 630. CHIDI KELECHI 631. CHIEKEZIE NGOZI LILIAN E 632. CHIGBO PETER CHUKWUDI 633. CHIJIOKE NGOZI 634. CHINYE-MARK ANTHONY 635. CHITOR KINGSLEY EJIKE 636. CHIWETALU JOHN UCHECHUKWU 637. CHRIS IYERE 638. CHUDE CHIDINMA 639. CHUKWU JOSEPHINE CHIMERE 640. CHUKWU OJIKE SAMUEL P 641. CHUKWUMA FABIAN MATIN 642. CIROMA THARA AYODELE 643. CITY WAITERS COMPLEX 644. COKER AYODELE SUNDAY 645. COKER MAUREEN ADEOLA646. COKER MAUREEN ADEOLA647. COLE ADEKUNLE 648. COLE BOLAJE LAWRENCE 649. COMFORT ATTAH 650. COMPASS INVESTMENT & SECURITIES LTD 651. COUTON ABEL 652. DADA MICHAEL OLAMIDE 653. DADA TEMIDAYO ABIODUN 654. DAINI BAMIDELE OLUDAYO 655. DAIRO ADEWALE LAWRENCE 656. DALLEY OMOLOLU A 657. DANGA ILIYA ITHUVE 658. DANIEL KELVIN 659. DANIEL KELVIN 660. DANIELS CHUKS DANIEL661. DANIELS CHUKS DANIEL662. DANIELS GOODNESS 663. DANTURE BALA VINCENT 664. DAPKIL VENTURES LIMITED 665. DAPKIL VENTURES LIMITED 666. DARE OLISA 667. DARYANANI AVINASH 668. DASO OLUMIDE TUNDE DR 669. DAVID BABA 670. DAVID BUKOLA ABIGAIL 671. DAVID CHIOMA 672. DAVID GBENGA OLADIRAN 673. DAVID IDOWU AZARATU 674. DAVID OLANIKE FUNMILAYO 675. DBL SECURITIES LIMITED 676. DEHINBO ABIODUN OLUWASEUN677. DEHINBO ABIODUN OLUWASEUN678. DEHINBO OLATUNJI OLUKAYODE 679. DEKI IKECHUKWU FRANK 680. DENNIS KEMI BOLATITO 681. DERICK EBERE EHIOBU 682. DIKWAL BAMNAN MACLEAN 683. DIMUGONABO CHIDI 684. DIO AUDU 685. DIYAN OLUWATOSIN OLALEKAN 686. DIYAN OLUWATOSIN OLALEKAN 687. DOLAMU MORUF AREMU 688. DON WILLIAMS
689. DOSUMU SUNDAY OLUMIDE 690. DOSUMU TAIWO HASSAN 691. DOSUNMU OLUFEMI ADISA 692. DOUTIMIWEI EKPOBOMINI MRS. 693. DOUYE OWONARO 694. DOVEDO JOHN 695. DURODOLA OLAJIDE OLAYEMI 696. DUROSARO OYEBOLA FOLASHADE 697. DUROSINMI HIKIMOT AYOKA698. DUROSINMI HIKIMOT AYOKA699. DUROWOJU ABIODUN PETER 700. DURU CHINEDU 701. DURU EZENWA 702. EBARETONBOFA OLUSOLA A. 703. EBAYE SUNDAY ESOSO NSED 704. EBEN-SPIFF KIKELOMO OLUFUNKE 705. EBILLAH KENNETH IREM 706. EBONWU CECILIA IFEOMA 707. EBOSIE EMMANUEL CHUKWUEMEKA 708. EBUARA AGNES OGAKWU 709. EBUN HERITAGE FOUNDATION SCHOOL 710. EBUTE ANTHONIA NWUKAMAKA 711. EDEH CLEMENT 712. EDEVBIE MORGAN PAUL 713. EDOKWE VERONICA IJEOMA 714. EDUMOH KENNETH 715. EDWARD CHUKWUNAZUNWA U. 716. EFFIONG ANGELA MERCY 717. EFFIONG JANET SYLVANUS 718. EFIONG NSIKAKABASI PAUL 719. EFRETUEI EFFIONG EFRETUEI 720. EGBAYELO OLUWASHINA DANIEL 721. EGBE AMAECHI JOSEPH 722. EGBUCHE ERIC ODIATU 723. EGBUNE BRIDGET NGOZI 724. EGEONU ITOHAN FLORA 725. EGERE CHIKODI CHIZOMAM 726. EGESIE CHIAJUGHIM PEACE 727. EGOH OGHOR CECIL 728. EGUNDEYI JACOB YANJU 729. EHIGIAMUSOE SOLOMON 730. EHIGIE ADEJOKE 731. EHIGUESE HENRY 732. EHIWERE OMOGBAI MATTHEW 733. EJIDOH OTAH DESMOND 734. EJIKEME JOYCE OBIAGELI 735. EJIM CHARITY 736. EJINKEONYE ANTHONY CHIDI 737. EJIOBI GEORGE KELECHI 738. EJIUKA PETER WAILERS 739. EKANEM OLAKUNLE OLUWARANTI 740. EKECHUKWU HENRIETTA UKACHI 741. EKELEDO CHIMA IRENE 742. EKEMERE CHINONSO 743. EKENONMAGHELE LUCKY OSARIO 744. EKEOCHA EZEKIEL CHUKWU 745. EKEOCHA IJEOMA ADA 746. EKHINU ABOUNU JOMBO 747. EKONG PATRICK WILLIAM 748. EKONG UDUAK SAMUEL 749. EKOT CLETUS PAUL 750. EKOTT AGNES EFFIONG 751. EKPE IMOH EFFIONG 752. EKPE UTA EFFIOM 753. EKPO SHIRLEY URUEMU 754. EKPO VERONICA RAYMOND 755. EKUNDAYO BAMIDELE 756. EKWEOZOR BENEDICT 757. EKWERE ENO GRACE758. EKWERE ENO GRACE759. EKWURIBE JOY CHINONYE 760. ELAWURE OLUWASHOLA OMOTAYO O. 761. ELEBIJU OLANREWAJU SEYI 762. ELECTROVILLE NIGERIA LIMITED 763. EL-SHADDAI CTCS 764. ELUEMUNOH NNAEMEKA ANTHONY 765. ELUFISAN OMOTAYO OLUSEGUN 766. ELUSANMI STEPHEN OLUMIDE 767. EME EZEKIEL CHUKWUDI 768. EMECHEBE MARTINA IFEKANWA 769. EMEJOR TOCHUKWU CHISCAL 770. EMEKPEKE PATIENCE KEVWE 771. EMERENYI AZUBIKE PAUL772. EMERENYI AZUBIKE PAUL773. EMEYE STELLA ISIOMA 774. EMIANTOR PATRICIA
775. EMMANUEL CHIOMA 776. EMMANUEL FRANCISCA MEBEI 777. EMMANUEL NANPAH 778. EMOJORHO EMUDIAGA FRANCIS 779. EMOKAI UZOCHUKWU HARRISON 780. EMOVWERHA HELEN-CLARKSON 781. ENAHOLO CHRISTOPHER OKEHIGBEMEN 782. ENAJUKE OTHUKE HENRY 783. ENAKPODIA VINCENT-DAVID ERHURUVIE 784. ENECHE MERCY 785. ENEJI FLORENCE EGANA 786. ENEM IJEOMA VIRGINIA 787. ENEMOH GRACE NDIDI 788. ENIOLA OLUWALOSEYI STEPHEN ENGR 789. ENIOLA SOLA OLASUNKANMI 790. ENRICH INVESTMENT TRUST LTD, 791. ENUWA G. OCHE 792. ENWEGBARA MICHAEL 793. ENYIOHA IHANKGOD CHINWENYENTA 794. EPHRAIM UDOH BENJAMIN 795. EQUITABLE TREASURE SERVICES 796. EQUITY CAPITAL SOLUTIONS LIMITED 797. ERHABOR EFERETIN ANTHONY OLUKAYODE 798. ERIMOSHO OLATUNBOSUN BOLA799. ERIMOSHO OLATUNBOSUN BOLA800. ERUCHIE DANIEL IKECHUKWU 801. ESAN BABATUNDE LUCAS 802. ESAN ODUNAYO OLUWASEYI 803. ESAN OLUSOLA MOTUNRAYO804. ESAN OLUSOLA MOTUNRAYO805. ESL SECURITIES LIMITED 806. ESONU CHIBUZO C. 807. ESSIEN BLESSING EDIDON 808. ESSIEN NNENNE ESTHER 809. ESUBOK EDITH EDU ASUQUO 810. ESUMOBI GODFREY 811. ETENG CATHERINE ETENG 812. ETIM IME BONIFACE 813. ETIM NNAMSO LAWRENCE 814. ETON EKAETTE JOSEPH 815. EVBUOMWAN ROBINSON 816. EVUE CHRISTIANA IGHOROWHONYA 817. EWERE VINCENT 818. EWONODE NAPOLEON 819. EWULOMI HELEN OMOLARA 820. EXPRESS CHUKS COMM. ENTERPRISES LTD 821. EYAH FRANCIS CHUKWUMA 822. EZE CHINEDU CHRISTIAN 823. EZE EBELECHUKWU LILIAN 824. EZE SAMUEL ODINAKA 825. EZE UZOAMAKA AKACHUKWU 826. EZEBUBE DANIEL ANTHONY 827. EZECHUKWU NKIRUKA HENRIETTA 828. EZEDEI EMEKA NAMSON 829. EZEH GLORIA UCHECHUKWU 830. EZEKPUNONU CHRIS CHUKWUMA 831. EZEMA NKOLIKA MARTHA 832. EZEMIWE ONYINYE 833. EZENNABUIKE ONYEKA NDUBISI834. EZENNABUIKE ONYEKA NDUBISI835. EZENNIA CELESTINE IKECHUKWU 836. EZENWA JONAS UMEH (DR.) 837. EZENWA RITA AMAKA 838. EZENWEGBU CHUKWUKA ETHELBERT 839. EZEOCHA CHISOMAGA 840. EZEOGU KADULECHI ODERA 841. EZEOKOLI CHRISTOPHER CHUKWUDI 842. EZEOKOLI CHUKWUDALU 843. EZEORACHI CHARLES CHUKWUEMEKA 844. EZIGBO ADA FAVOUR 845. FABUNMI IBILOLA 846. FADAHUNSI TEMITAYO AYODELE PETER 847. FADAIRO FUNMILOLA EUNICE 848. FADAIRO GANIAT OLUSHOLA 849. FADAIRO TAIWO OLUSANYA 850. FADARE SURAJU ADEBAYO 851. FAFIOLU ESTHER OLUWAKEMI 852. FAGBEMI FUNMILAYO GRACE853. FAGBEMI FUNMILAYO GRACE854. FAGBENRO SAKIRU OLUSEYI855. FAGBENRO SAKIRU OLUSEYI856. FAHM ORIYOMI RASHIDAT 857. FAITH BAPTIST CHURCH O/ AYOBO LAGOS 858. FAKOYA OPEYEMI DEBORAH 859. FALODUN OLUBUKOLA GBENGA 860. FALUJO OLUWAKEMI TITILAYO
861. FAMESO FRANICIS OYEWOLE862. FANIYI ABAYOMI BABATUNDE O. 863. FANIYI OLALEKAN ADESEGUN864. FANIYI OLALEKAN ADESEGUN865. FAPOHUNDA OLUWASEUN DORIS 866. FARODOYE OLAWALE 867. FARUK SANI 868. FASAKIN OLUWABANKE CHRISTIANAH869. FASAKIN OLUWABANKE CHRISTIANAH870. FASANYA ADEJOKE 871. FASANYA JONATHAN OLALEKE 872. FASHINA MOJISOLA SHERIFAT 873. FASHOLA OLUGBEGA AMOS 874. FASHOLA SAMUEL 875. FASHOLA SAMUEL 876. FASUSI FEMI FAITHFUL 877. FATOBI CHRISTIANAH 878. FATOKI TOLULOPE 879. FATOKUN ABIOLA AYOOLA 880. FATONA FEYISAYO FOLASHADE 881. FATUNBI OLUSOLA GRACE 882. FATUSIN EMMANUEL 883. FAWI JOYCE OLAYIKANMI 884. FAWIBE FAUSAT AYANJOKE 885. FAWIBE TEMITOPE JOLAADE 886. FAWUNMI SEUN TEMITAYO887. FAWUNMI SEUN TEMITAYO888. FAYANJUOLA OLAYINKA 889. FAYEMI ADETOUN OLUWATOSIN890. FAYOMI FRANCIS KOLAWOLE 891. FIRST MOTORS LTD 892. FOLAJINMI AYOOLA CHRISTOPHER 893. FOLARIN OYEDOTUN & MORAYO 894. FOOTWALL INVESTMENT LIMITED 895. FOWODE OLUWATOYIN BUNMI (MRS) 896. FRANK TONBARA DANIEL 897. GAIYA ATINE PYACHI 898. GALADACI HABIBU ALIYU 899. GANIYU RAMAN OLAWALE 900. GARBOBIYA KINGABA SORO 901. GASL-NOMINEE LTD-DABANA ACCT. 902. GBADAMOSI ADEOLA TOLULOPE903. GBADAMOSI ADEOLA TOLULOPE904. GBADAMOSI OLALEKAN TOMMY 905. GBADAMOSI ROSEMARY REMI 906. GBADEBO ZAINAB ADEBIMPE 907. GBOHINBOR DANIEL DIEPREYE 908. GBORIEGBA JOHNSON MOSES 909. GEORGE AYATASUA 910. GEORGE IBUKUNOLUWA MOYOSIOLOREOLUWA911. GEORGE IBUKUNOLUWA MOYOSIOLOREOLUWA912. GEORGE JAMES BUNKUNMI 913. GEORGE OLUWADARASIMI OLUWADAMILARE914. GEORGE OLUWADARASIMI OLUWADAMILARE915. GIWA MOJIRADE BOLANLE 916. GIWA MUSTAPHA ADENIYI 917. GOJE SAIDU YOHANNA 918. GOLDEN PATIENCE NIG LTD 919. GOVT COLLEGE IBADAN OLD BOYS
ASSOCIATION 920. GRAZCOM ENTERPRISES 921. GREATER ORIMILI NIGERIA LTD 922. GREATER PROSPECT INVESTMENT CLUB 923. GREGORY-UBIGEN NOSA FYONNA 924. GT BANK/LEAD CAP/LA-SHOREX VENTURES-TRDG 925. HALIRU NAFISATU GARBA 926. HAMZAT GBOLA SULAIMAN 927. HAMZAT MUHAMMED MOSHOOD 928. HANIDU MARIAM AYOTUNDE 929. HANNAH ADEBAYO 930. HANOTU JAMES ONUKWUNMA 931. HART SODIENYE NATHANIEL 932. HARUNA EMMANUEL 933. HARUNA SAMUEL A 934. HASSAN ABDULHAKEEM 935. HASSAN AKANDE BASHIR 936. HASSAN KAFILAT 937. HASSAN RILWAN 938. HASSAN RUKAYAT 939. HEARTBEAT INVESTMENT-DEPOSIT A/C 940. HITLER LAWAL 941. HUSSEIN TUNDE 942. IBADAN CLUB 2005 943. IBATT OKON EYO 944. IBE EMMANUEL EMEKA 945. IBE INNOCENT C.
946. IBEH EMEKA RAYMOND 947. IBEH UCHE CHRISTOPHER 948. IBEH UCHENNA DANIEL 949. IBEJI EZENWA DAVID 950. IBEKA VICTOR EMEKA 951. IBELIU RICHARD ARIHPAWABAI 952. IBENEME EGO FLORENCE 953. IBETO CHIZOBA 954. IBIDAPO ANTHONY 955. IBIDOKUN FUNKE GRACE 956. IBONYE CHIONYE 957. IBRAHIM ABIODUN SULAIMON 958. IBRAHIM ABIODUN SULAIMON 959. IBRAHIM AISHA ILIYA 960. IBRAHIM JIBRIN 961. IBRAHIM TAIWO OLATUNDE 962. IBRAHIM TESLIM OLUWATOMIWA963. IDENOBOREWE GODFREY 964. IDHOLO ORO ATA 965. IDIAKE ILOBEKEMEN 966. IDIODEMISE IGHO ETHEL 967. IDOWU OLAJUMOKE OLUFUNMILAYO 968. IDOWU OLASUPO 969. IDOWU OLISAYO EZEKIEL KUNLE 970. IDOWU OMOLARA MODINAT 971. IDOWU-SODE GRACE IBIDUNNI972. IDUROBO GIFT IMAFIDON 973. IFAORUMHE MOSES MAJOR 974. IFECHUKWU STEPHEN A. 975. IGBAIYUE EDWARD KAAM 976. IGBAMOSU OHIORENUAN CHARLES 977. IGBENE HECTOR & FAITH 978. IGBINOMWANHIA PAUL AKHASEDO 979. IGBINOVIA AUSTIN 980. IGBO GEORGE CHIMEREUCHEYA 981. IGBOBASI ECURATAZIBOBEBH MACDONALD 982. IGBOELI UCHENNA 983. IGBOJIONU IFEOMA R. 984. IGBOKWE J I INNOCENT 985. IGBRUDE ELOHO SIBYL 986. IGE AYODELE OLAGOKE 987. IGHOMUAYE EGHOSA 988. IGOCHE DIANE ANOYI 989. IGOCHE ELIZABETH OCHANYA 990. IGWE EMMANUEL IHEANYICHUKWU 991. IGWE UZOECHI O 992. IHEANYICHUKWU EDITH ONYINYECHI 993. IHEGBORO JOY CHINENYENWA 994. IHUOMA UGOCHUKWU E 995. IJABIKEN OLUSEUN ISAAC996. IJAGEM AUGUSTINE ONIGAH 997. IJASAN OLAOLOPIN 998. IJENWA HENRY CHUKWUDI 999. IJEOMAH FRANKLIN 1000. IJIWADE IDOWU ADEWALE 1001. IKAZOBOH ROBERT OSHOKE 1002. IKE ESTHER OWUNDI 1003. IKECHUKWU CHRISTOPHER 1004. IKEH CHUKWUEMEKA JOSEPH 1005. IKEH NKECHI OBIOMAH 1006. IKEMEFUNA VICTORIA BOSE 1007. IKEMERE CATHERINE O 1008. IKHAIDUWOR OSI GODWIN 1009. IKPINOKO ODION KENNETH 1010. IKWUAGWU ELEKWACHI 1011. IKWUEKE CHIELOKA JUDE 1012. ILESANMI JOSHUA OLUWAYOMI 1013. ILO LARRY CHIMA 1014. ILODUBA NNEKA NGOZI 1015. ILORAH JOSEPH OKECHUKWU 1016. ILUFOYE AFEES OLALEKAN 1017. ILUKWE IFEYINWA 1018. IMAIRO NGOZI BLESSING 1019. IMAM NURA AVM(RTD) 1020. IMHANMOUKOR GODWIN OSEWANYEME 1021. IMMACULATE NETWORK FUTURE HOPE INV. 1022. IMONA-RUSSEL JOHN OLORUNTOLA 1023. IMONMON MAURICE 1024. INAM ARCHIBONG 1025. INAMETI SYLVIA (MRS) 1026. INAUGHE MOSES OMOAREKHOWA 1027. INI INYANG IJEOMA 1028. INNOCENT CHUKWUEMEKA 1029. INTERCONTINENTAL SECURITIES LIMITED 1030. INTERNATIONAL OILGATE LTD 1031. INUWA ZUBEIRU
LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
54
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
55
517. AYEDUN GODWIN OLUSEYE518. AYENI ISIAH AKINBAMIDELE 519. AYENI OLUYEMI MICHAEL 520. AYENIOYE AMOS OYENIYI 521. AYERITE BECKY AGHOGHO 522. AYERITE EBI NGO 523. AYETIGBO MORENIKE & ABIMBOLA 524. AYIKA FELIX BAMIYO 525. AYIM AMAKA QUEEN 526. AYINLA WASIU AKINKUNMI 527. AYOADE ADETOLA E528. AYOADE MORUFU 529. AYORIND OYEBODE THOMAS530. AYORIND OYEBODE THOMAS531. AYUK EGAR EBAJI 532. AZEEZ ADEDAYO LATEEF 533. AZEEZ MUKHTAR OLUWASEUN 534. AZU JULIUS PATRICK 535. BABAFEMI OLA SUNDAY 536. BABALOLA ADEGBOYEGA ADESOJI 537. BABALOLA BAMIDELE SODIQ538. BABALOLA BAMIDELE SODIQ539. BABALOLA JONATHON ABAYOMI 540. BABALOLA ODUNOLA 541. BABALOLA SHOLA 542. BABALOLA SULAIMON BAMIDELE543. BABALOLA SULAIMON BAMIDELE544. BABALOLA WOSILAT OYOMI 545. BABALOLA ZAINAB ADERONKE 546. BABANIYI SAMUEL 547. BABATUNDE FLORENCE AGBEKE 548. BABATUNDE GBENGA SAMUEL 549. BABATUNDE JULIUS 550. BABATUNDE JULIUS 551. BABATUNDE MAYOWA 552. BABATUNDE SUNDAY KOLAWOLE 553. BADA OLAKUNLE FELIX 554. BADAMOSI NAJIM NKANLOLA 555. BADEJO ADEMOLA JULIUS -1 556. BADMUS KOLAWOLE SURAJ 557. BAGE ISTIFANUS ASSISALIMA 558. BAIYEKUSI TIMEYIN MOMOLAYEMI 559. BAKARE OLAYINKA TAIWO 560. BAKARE TAJUDEEN ADEMOLA 561. BALOGUN AKEEM ADEBISI 562. BALOGUN FOLASHADE MOPELOLA563. BALOGUN FOLASHADE MOPELOLA564. BALOGUN KABIR OLADELE 565. BALOGUN KAMORUDEEN 566. BALOGUN KAMORUDEEN 567. BALOGUN KAYODE OLUWAFEMI568. BALOGUN KAYODE OLUWAFEMI569. BALOGUN OLUDARE JOSEPH 570. BALOGUN SAHEED AKINLEYE 571. BAMGBOPA KEHINDE TAJUDEEN 572. BAMGBOYE ADEKOYEJO LEKAN 573. BAMGBOYE AYO 574. BAMIDELE OLUKEMI ADEOLA 575. BAMIDELE SAMUEL ADEYINKA 576. BANJO AYODEJI OLUWASEUN 577. BANJO BAMIDELE OLUWASEUN 578. BANJOKO SAMUEL ADEBOLA 579. BANKOLE IBUKUN OLATUNBOSUN 580. BANKOLE RHODA FOLASHADE 581. BANUSO FATIMA ABIMBOLA582. BANUSO FATIMA ABIMBOLA583. BANYE EKENE UDOKA 584. BASIRU OLAGUNJU BASIRU585. BASSEY JOY 586. BAYE ANNE-MARIE OPEKETE 587. BAYSAH JOHN OSWARD 588. BECKLEY OLUWATOSIN FIONA 589. BELLO AFOLABI OLUWASEUN 590. BELLO AIHSATU MUSA 591. BELLO OLAWALE NAJEEM 592. BELLO SAIDU NDAJIYA593. BELLO SULEIMAN ADETUNJI 594. BENNETT ISTIFANUS JOHN 595. BENO GLORIA 596. BEREDUGO OTOBARA LAYE E. 597. BESIRU MARK ISMAILA 598. BFCL INVESTMENT A/C 599. BIACHI ALFRED CHUKWUMAH 600. BIASI TOSIN BIODUN 601. BILLAND INTEGRATED IND LTD 602. BILLIE SOBOMA SOLOMON IWO
603. BIMAJ-TOP VENTURES 604. BIOKO BINAEBI NANCY 605. BITRUS PAUL ANDE 606. BOI-ASIKOKO ONYEISI PETER 607. BOI-UKEME YALI 608. BOLAJI OLUDARE SAMUEL609. BOLARINDE EUNICE OLAREWAJU 610. BONA CHIMAUCHEM JOHN611. BONA CHIMAUCHEM JOHN612. BOYO PAUL 613. BRATTE ELIJAH OMASANJUWA 614. BROWN TUONIMI 615. BUL CHRISTIE MBALUMUM 616. BULL KARINATE TOBINUS 617. BULURO AFOLAKE OLAYINKA 618. BULURO AYODELE ABIODUN 619. BULUSSON GIDION 620. BURUCHE DAVID OKECHUKWU621. BURUCHE DAVID OKECHUKWU622. BURUFEGHA SAMUEL STANLEY 623. BUSARI FATAI ADEGBOYEGA 624. BUSARI MUTIU OLATOKUNBO625. BUSARI MUTIU OLATOKUNBO626. CAPITAL ASSETS LTD-DEPOSIT A/C 627. CAPITAL ASSETS LTD-TRADED-STOCK-A/C 628. CENTURY SECURITIES LTD-TRADED-STOCK-A/C 629. CHARLES JAMES AKPAN 630. CHIDI KELECHI 631. CHIEKEZIE NGOZI LILIAN E 632. CHIGBO PETER CHUKWUDI 633. CHIJIOKE NGOZI 634. CHINYE-MARK ANTHONY 635. CHITOR KINGSLEY EJIKE 636. CHIWETALU JOHN UCHECHUKWU 637. CHRIS IYERE 638. CHUDE CHIDINMA 639. CHUKWU JOSEPHINE CHIMERE 640. CHUKWU OJIKE SAMUEL P 641. CHUKWUMA FABIAN MATIN 642. CIROMA THARA AYODELE 643. CITY WAITERS COMPLEX 644. COKER AYODELE SUNDAY 645. COKER MAUREEN ADEOLA646. COKER MAUREEN ADEOLA647. COLE ADEKUNLE 648. COLE BOLAJE LAWRENCE 649. COMFORT ATTAH 650. COMPASS INVESTMENT & SECURITIES LTD 651. COUTON ABEL 652. DADA MICHAEL OLAMIDE 653. DADA TEMIDAYO ABIODUN 654. DAINI BAMIDELE OLUDAYO 655. DAIRO ADEWALE LAWRENCE 656. DALLEY OMOLOLU A 657. DANGA ILIYA ITHUVE 658. DANIEL KELVIN 659. DANIEL KELVIN 660. DANIELS CHUKS DANIEL661. DANIELS CHUKS DANIEL662. DANIELS GOODNESS 663. DANTURE BALA VINCENT 664. DAPKIL VENTURES LIMITED 665. DAPKIL VENTURES LIMITED 666. DARE OLISA 667. DARYANANI AVINASH 668. DASO OLUMIDE TUNDE DR 669. DAVID BABA 670. DAVID BUKOLA ABIGAIL 671. DAVID CHIOMA 672. DAVID GBENGA OLADIRAN 673. DAVID IDOWU AZARATU 674. DAVID OLANIKE FUNMILAYO 675. DBL SECURITIES LIMITED 676. DEHINBO ABIODUN OLUWASEUN677. DEHINBO ABIODUN OLUWASEUN678. DEHINBO OLATUNJI OLUKAYODE 679. DEKI IKECHUKWU FRANK 680. DENNIS KEMI BOLATITO 681. DERICK EBERE EHIOBU 682. DIKWAL BAMNAN MACLEAN 683. DIMUGONABO CHIDI 684. DIO AUDU 685. DIYAN OLUWATOSIN OLALEKAN 686. DIYAN OLUWATOSIN OLALEKAN 687. DOLAMU MORUF AREMU 688. DON WILLIAMS
689. DOSUMU SUNDAY OLUMIDE 690. DOSUMU TAIWO HASSAN 691. DOSUNMU OLUFEMI ADISA 692. DOUTIMIWEI EKPOBOMINI MRS. 693. DOUYE OWONARO 694. DOVEDO JOHN 695. DURODOLA OLAJIDE OLAYEMI 696. DUROSARO OYEBOLA FOLASHADE 697. DUROSINMI HIKIMOT AYOKA698. DUROSINMI HIKIMOT AYOKA699. DUROWOJU ABIODUN PETER 700. DURU CHINEDU 701. DURU EZENWA 702. EBARETONBOFA OLUSOLA A. 703. EBAYE SUNDAY ESOSO NSED 704. EBEN-SPIFF KIKELOMO OLUFUNKE 705. EBILLAH KENNETH IREM 706. EBONWU CECILIA IFEOMA 707. EBOSIE EMMANUEL CHUKWUEMEKA 708. EBUARA AGNES OGAKWU 709. EBUN HERITAGE FOUNDATION SCHOOL 710. EBUTE ANTHONIA NWUKAMAKA 711. EDEH CLEMENT 712. EDEVBIE MORGAN PAUL 713. EDOKWE VERONICA IJEOMA 714. EDUMOH KENNETH 715. EDWARD CHUKWUNAZUNWA U. 716. EFFIONG ANGELA MERCY 717. EFFIONG JANET SYLVANUS 718. EFIONG NSIKAKABASI PAUL 719. EFRETUEI EFFIONG EFRETUEI 720. EGBAYELO OLUWASHINA DANIEL 721. EGBE AMAECHI JOSEPH 722. EGBUCHE ERIC ODIATU 723. EGBUNE BRIDGET NGOZI 724. EGEONU ITOHAN FLORA 725. EGERE CHIKODI CHIZOMAM 726. EGESIE CHIAJUGHIM PEACE 727. EGOH OGHOR CECIL 728. EGUNDEYI JACOB YANJU 729. EHIGIAMUSOE SOLOMON 730. EHIGIE ADEJOKE 731. EHIGUESE HENRY 732. EHIWERE OMOGBAI MATTHEW 733. EJIDOH OTAH DESMOND 734. EJIKEME JOYCE OBIAGELI 735. EJIM CHARITY 736. EJINKEONYE ANTHONY CHIDI 737. EJIOBI GEORGE KELECHI 738. EJIUKA PETER WAILERS 739. EKANEM OLAKUNLE OLUWARANTI 740. EKECHUKWU HENRIETTA UKACHI 741. EKELEDO CHIMA IRENE 742. EKEMERE CHINONSO 743. EKENONMAGHELE LUCKY OSARIO 744. EKEOCHA EZEKIEL CHUKWU 745. EKEOCHA IJEOMA ADA 746. EKHINU ABOUNU JOMBO 747. EKONG PATRICK WILLIAM 748. EKONG UDUAK SAMUEL 749. EKOT CLETUS PAUL 750. EKOTT AGNES EFFIONG 751. EKPE IMOH EFFIONG 752. EKPE UTA EFFIOM 753. EKPO SHIRLEY URUEMU 754. EKPO VERONICA RAYMOND 755. EKUNDAYO BAMIDELE 756. EKWEOZOR BENEDICT 757. EKWERE ENO GRACE758. EKWERE ENO GRACE759. EKWURIBE JOY CHINONYE 760. ELAWURE OLUWASHOLA OMOTAYO O. 761. ELEBIJU OLANREWAJU SEYI 762. ELECTROVILLE NIGERIA LIMITED 763. EL-SHADDAI CTCS 764. ELUEMUNOH NNAEMEKA ANTHONY 765. ELUFISAN OMOTAYO OLUSEGUN 766. ELUSANMI STEPHEN OLUMIDE 767. EME EZEKIEL CHUKWUDI 768. EMECHEBE MARTINA IFEKANWA 769. EMEJOR TOCHUKWU CHISCAL 770. EMEKPEKE PATIENCE KEVWE 771. EMERENYI AZUBIKE PAUL772. EMERENYI AZUBIKE PAUL773. EMEYE STELLA ISIOMA 774. EMIANTOR PATRICIA
775. EMMANUEL CHIOMA 776. EMMANUEL FRANCISCA MEBEI 777. EMMANUEL NANPAH 778. EMOJORHO EMUDIAGA FRANCIS 779. EMOKAI UZOCHUKWU HARRISON 780. EMOVWERHA HELEN-CLARKSON 781. ENAHOLO CHRISTOPHER OKEHIGBEMEN 782. ENAJUKE OTHUKE HENRY 783. ENAKPODIA VINCENT-DAVID ERHURUVIE 784. ENECHE MERCY 785. ENEJI FLORENCE EGANA 786. ENEM IJEOMA VIRGINIA 787. ENEMOH GRACE NDIDI 788. ENIOLA OLUWALOSEYI STEPHEN ENGR 789. ENIOLA SOLA OLASUNKANMI 790. ENRICH INVESTMENT TRUST LTD, 791. ENUWA G. OCHE 792. ENWEGBARA MICHAEL 793. ENYIOHA IHANKGOD CHINWENYENTA 794. EPHRAIM UDOH BENJAMIN 795. EQUITABLE TREASURE SERVICES 796. EQUITY CAPITAL SOLUTIONS LIMITED 797. ERHABOR EFERETIN ANTHONY OLUKAYODE 798. ERIMOSHO OLATUNBOSUN BOLA799. ERIMOSHO OLATUNBOSUN BOLA800. ERUCHIE DANIEL IKECHUKWU 801. ESAN BABATUNDE LUCAS 802. ESAN ODUNAYO OLUWASEYI 803. ESAN OLUSOLA MOTUNRAYO804. ESAN OLUSOLA MOTUNRAYO805. ESL SECURITIES LIMITED 806. ESONU CHIBUZO C. 807. ESSIEN BLESSING EDIDON 808. ESSIEN NNENNE ESTHER 809. ESUBOK EDITH EDU ASUQUO 810. ESUMOBI GODFREY 811. ETENG CATHERINE ETENG 812. ETIM IME BONIFACE 813. ETIM NNAMSO LAWRENCE 814. ETON EKAETTE JOSEPH 815. EVBUOMWAN ROBINSON 816. EVUE CHRISTIANA IGHOROWHONYA 817. EWERE VINCENT 818. EWONODE NAPOLEON 819. EWULOMI HELEN OMOLARA 820. EXPRESS CHUKS COMM. ENTERPRISES LTD 821. EYAH FRANCIS CHUKWUMA 822. EZE CHINEDU CHRISTIAN 823. EZE EBELECHUKWU LILIAN 824. EZE SAMUEL ODINAKA 825. EZE UZOAMAKA AKACHUKWU 826. EZEBUBE DANIEL ANTHONY 827. EZECHUKWU NKIRUKA HENRIETTA 828. EZEDEI EMEKA NAMSON 829. EZEH GLORIA UCHECHUKWU 830. EZEKPUNONU CHRIS CHUKWUMA 831. EZEMA NKOLIKA MARTHA 832. EZEMIWE ONYINYE 833. EZENNABUIKE ONYEKA NDUBISI834. EZENNABUIKE ONYEKA NDUBISI835. EZENNIA CELESTINE IKECHUKWU 836. EZENWA JONAS UMEH (DR.) 837. EZENWA RITA AMAKA 838. EZENWEGBU CHUKWUKA ETHELBERT 839. EZEOCHA CHISOMAGA 840. EZEOGU KADULECHI ODERA 841. EZEOKOLI CHRISTOPHER CHUKWUDI 842. EZEOKOLI CHUKWUDALU 843. EZEORACHI CHARLES CHUKWUEMEKA 844. EZIGBO ADA FAVOUR 845. FABUNMI IBILOLA 846. FADAHUNSI TEMITAYO AYODELE PETER 847. FADAIRO FUNMILOLA EUNICE 848. FADAIRO GANIAT OLUSHOLA 849. FADAIRO TAIWO OLUSANYA 850. FADARE SURAJU ADEBAYO 851. FAFIOLU ESTHER OLUWAKEMI 852. FAGBEMI FUNMILAYO GRACE853. FAGBEMI FUNMILAYO GRACE854. FAGBENRO SAKIRU OLUSEYI855. FAGBENRO SAKIRU OLUSEYI856. FAHM ORIYOMI RASHIDAT 857. FAITH BAPTIST CHURCH O/ AYOBO LAGOS 858. FAKOYA OPEYEMI DEBORAH 859. FALODUN OLUBUKOLA GBENGA 860. FALUJO OLUWAKEMI TITILAYO
861. FAMESO FRANICIS OYEWOLE862. FANIYI ABAYOMI BABATUNDE O. 863. FANIYI OLALEKAN ADESEGUN864. FANIYI OLALEKAN ADESEGUN865. FAPOHUNDA OLUWASEUN DORIS 866. FARODOYE OLAWALE 867. FARUK SANI 868. FASAKIN OLUWABANKE CHRISTIANAH869. FASAKIN OLUWABANKE CHRISTIANAH870. FASANYA ADEJOKE 871. FASANYA JONATHAN OLALEKE 872. FASHINA MOJISOLA SHERIFAT 873. FASHOLA OLUGBEGA AMOS 874. FASHOLA SAMUEL 875. FASHOLA SAMUEL 876. FASUSI FEMI FAITHFUL 877. FATOBI CHRISTIANAH 878. FATOKI TOLULOPE 879. FATOKUN ABIOLA AYOOLA 880. FATONA FEYISAYO FOLASHADE 881. FATUNBI OLUSOLA GRACE 882. FATUSIN EMMANUEL 883. FAWI JOYCE OLAYIKANMI 884. FAWIBE FAUSAT AYANJOKE 885. FAWIBE TEMITOPE JOLAADE 886. FAWUNMI SEUN TEMITAYO887. FAWUNMI SEUN TEMITAYO888. FAYANJUOLA OLAYINKA 889. FAYEMI ADETOUN OLUWATOSIN890. FAYOMI FRANCIS KOLAWOLE 891. FIRST MOTORS LTD 892. FOLAJINMI AYOOLA CHRISTOPHER 893. FOLARIN OYEDOTUN & MORAYO 894. FOOTWALL INVESTMENT LIMITED 895. FOWODE OLUWATOYIN BUNMI (MRS) 896. FRANK TONBARA DANIEL 897. GAIYA ATINE PYACHI 898. GALADACI HABIBU ALIYU 899. GANIYU RAMAN OLAWALE 900. GARBOBIYA KINGABA SORO 901. GASL-NOMINEE LTD-DABANA ACCT. 902. GBADAMOSI ADEOLA TOLULOPE903. GBADAMOSI ADEOLA TOLULOPE904. GBADAMOSI OLALEKAN TOMMY 905. GBADAMOSI ROSEMARY REMI 906. GBADEBO ZAINAB ADEBIMPE 907. GBOHINBOR DANIEL DIEPREYE 908. GBORIEGBA JOHNSON MOSES 909. GEORGE AYATASUA 910. GEORGE IBUKUNOLUWA MOYOSIOLOREOLUWA911. GEORGE IBUKUNOLUWA MOYOSIOLOREOLUWA912. GEORGE JAMES BUNKUNMI 913. GEORGE OLUWADARASIMI OLUWADAMILARE914. GEORGE OLUWADARASIMI OLUWADAMILARE915. GIWA MOJIRADE BOLANLE 916. GIWA MUSTAPHA ADENIYI 917. GOJE SAIDU YOHANNA 918. GOLDEN PATIENCE NIG LTD 919. GOVT COLLEGE IBADAN OLD BOYS
ASSOCIATION 920. GRAZCOM ENTERPRISES 921. GREATER ORIMILI NIGERIA LTD 922. GREATER PROSPECT INVESTMENT CLUB 923. GREGORY-UBIGEN NOSA FYONNA 924. GT BANK/LEAD CAP/LA-SHOREX VENTURES-TRDG 925. HALIRU NAFISATU GARBA 926. HAMZAT GBOLA SULAIMAN 927. HAMZAT MUHAMMED MOSHOOD 928. HANIDU MARIAM AYOTUNDE 929. HANNAH ADEBAYO 930. HANOTU JAMES ONUKWUNMA 931. HART SODIENYE NATHANIEL 932. HARUNA EMMANUEL 933. HARUNA SAMUEL A 934. HASSAN ABDULHAKEEM 935. HASSAN AKANDE BASHIR 936. HASSAN KAFILAT 937. HASSAN RILWAN 938. HASSAN RUKAYAT 939. HEARTBEAT INVESTMENT-DEPOSIT A/C 940. HITLER LAWAL 941. HUSSEIN TUNDE 942. IBADAN CLUB 2005 943. IBATT OKON EYO 944. IBE EMMANUEL EMEKA 945. IBE INNOCENT C.
946. IBEH EMEKA RAYMOND 947. IBEH UCHE CHRISTOPHER 948. IBEH UCHENNA DANIEL 949. IBEJI EZENWA DAVID 950. IBEKA VICTOR EMEKA 951. IBELIU RICHARD ARIHPAWABAI 952. IBENEME EGO FLORENCE 953. IBETO CHIZOBA 954. IBIDAPO ANTHONY 955. IBIDOKUN FUNKE GRACE 956. IBONYE CHIONYE 957. IBRAHIM ABIODUN SULAIMON 958. IBRAHIM ABIODUN SULAIMON 959. IBRAHIM AISHA ILIYA 960. IBRAHIM JIBRIN 961. IBRAHIM TAIWO OLATUNDE 962. IBRAHIM TESLIM OLUWATOMIWA963. IDENOBOREWE GODFREY 964. IDHOLO ORO ATA 965. IDIAKE ILOBEKEMEN 966. IDIODEMISE IGHO ETHEL 967. IDOWU OLAJUMOKE OLUFUNMILAYO 968. IDOWU OLASUPO 969. IDOWU OLISAYO EZEKIEL KUNLE 970. IDOWU OMOLARA MODINAT 971. IDOWU-SODE GRACE IBIDUNNI972. IDUROBO GIFT IMAFIDON 973. IFAORUMHE MOSES MAJOR 974. IFECHUKWU STEPHEN A. 975. IGBAIYUE EDWARD KAAM 976. IGBAMOSU OHIORENUAN CHARLES 977. IGBENE HECTOR & FAITH 978. IGBINOMWANHIA PAUL AKHASEDO 979. IGBINOVIA AUSTIN 980. IGBO GEORGE CHIMEREUCHEYA 981. IGBOBASI ECURATAZIBOBEBH MACDONALD 982. IGBOELI UCHENNA 983. IGBOJIONU IFEOMA R. 984. IGBOKWE J I INNOCENT 985. IGBRUDE ELOHO SIBYL 986. IGE AYODELE OLAGOKE 987. IGHOMUAYE EGHOSA 988. IGOCHE DIANE ANOYI 989. IGOCHE ELIZABETH OCHANYA 990. IGWE EMMANUEL IHEANYICHUKWU 991. IGWE UZOECHI O 992. IHEANYICHUKWU EDITH ONYINYECHI 993. IHEGBORO JOY CHINENYENWA 994. IHUOMA UGOCHUKWU E 995. IJABIKEN OLUSEUN ISAAC996. IJAGEM AUGUSTINE ONIGAH 997. IJASAN OLAOLOPIN 998. IJENWA HENRY CHUKWUDI 999. IJEOMAH FRANKLIN 1000. IJIWADE IDOWU ADEWALE 1001. IKAZOBOH ROBERT OSHOKE 1002. IKE ESTHER OWUNDI 1003. IKECHUKWU CHRISTOPHER 1004. IKEH CHUKWUEMEKA JOSEPH 1005. IKEH NKECHI OBIOMAH 1006. IKEMEFUNA VICTORIA BOSE 1007. IKEMERE CATHERINE O 1008. IKHAIDUWOR OSI GODWIN 1009. IKPINOKO ODION KENNETH 1010. IKWUAGWU ELEKWACHI 1011. IKWUEKE CHIELOKA JUDE 1012. ILESANMI JOSHUA OLUWAYOMI 1013. ILO LARRY CHIMA 1014. ILODUBA NNEKA NGOZI 1015. ILORAH JOSEPH OKECHUKWU 1016. ILUFOYE AFEES OLALEKAN 1017. ILUKWE IFEYINWA 1018. IMAIRO NGOZI BLESSING 1019. IMAM NURA AVM(RTD) 1020. IMHANMOUKOR GODWIN OSEWANYEME 1021. IMMACULATE NETWORK FUTURE HOPE INV. 1022. IMONA-RUSSEL JOHN OLORUNTOLA 1023. IMONMON MAURICE 1024. INAM ARCHIBONG 1025. INAMETI SYLVIA (MRS) 1026. INAUGHE MOSES OMOAREKHOWA 1027. INI INYANG IJEOMA 1028. INNOCENT CHUKWUEMEKA 1029. INTERCONTINENTAL SECURITIES LIMITED 1030. INTERNATIONAL OILGATE LTD 1031. INUWA ZUBEIRU
LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
56
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
57
1032. INYANG DANIEL UWEM 1033. IPINNIMO OLUWAFEMI 1034. IREIGBE MAYOKUN FISAYO 1035. IREOZA CHIKEZIE DAVID 1036. IRIMI BECKY SHAIKI 1037. IROHA CHIMERE UKOHA 1038. IROJAH FEMI 1039. IRUBOR JOHNSON 1040. IRUKERA MABEL FOLUKE 1041. IRUOBE JETHRO 1042. IRUOLAGBE CHRISTOPHER OJEMEIGHA 1043. ISAAC GREAT CHUKWUEMEKA 1044. ISAAC SUNDAY DAMILARE1045. ISAAC SUNDAY DAMILARE1046. ISAWUMI MODUPEOLA OLUDOLAPO1047. ISHOLA GBENGA PAUL 1048. ISHOLA ISMAILA IDOWU 1049. ISHOLA OLAWALE KADIRI 1050. ISIAKA KUDIRAT 1051. ISIAKPERE ANN IGHOHWO 1052. ISRAEL NKEMDIRIM JONATHAN 1053. ISU EBEKE 1054. ITA ANTIGHA AKABOM 1055. ITEWO JOY OGHOGHO 1056. ITOK ESETANG FRANCIS 1057. IWALOYE MARY MAYOWA 1058. IWAYEMI BUKAYO 1059. IWUAGWU CHINEDU STANLEY 1060. IWUCHUKWU SAMUEL C. 1061. IYALLA NATHANIEL DAMINABO 1062. IYASE OSAZE 1063. IYAWE CHRISTOPHER OSAGIE 1064. IYIZOBA KENECHUKWU 1065. IYOHA EMMANUEL OSEMUDIAMEN 1066. IYOHA JUDE ODION 1067. IYORYISA SARAH YUA 1068. IZUAGIE LEXINGTON 1069. IZUELU NZUBE CONANYAH 1070. IZUNNASO IFEOMA GENEVIEVE 1071. JACOB JOSHUA ESHOROMEH1072. JAIYEOLA PETER OYE 1073. JAMES CHIDI ALEX 1074. JAMES EBUNOLUWA 1075. JAMES LIDUAKOBONG SAMUEL 1076. JAMES OLUFUNMILAYO BOSEDE 1077. JAMES TOMA 1078. JAMIU MOHAMMED ISIAQ OLANREWAJU 1079. JATTO BETTY OBIAGELI 1080. JEGEDE OLUWASEGUN ADEDEJI 1081. JEGEDE SUNDAY EBENEZER 1082. JEKAMI OMORINSOLA SUNDAY AINA 1083. JEREMIAN HANSON UKEME 1084. JIMOH ABIOYE OLADIPUPO1085. JIMOH RASAQ OLAREWAJU 1086. JINADU ADETIFA ADEOBA DESCENANTS FUNDS 1087. JINADU ADETIFA ADEOBA DESCENANTS FUNDS 1088. JODA MUSA ABUBAKAR 1089. JOEL JUSTINA JACQUELINE 1090. JOFRANK VENTURES 1091. JOHN NGOZI EMENIKE 1092. JOHN PATRICK ENEMIRIAYO 1093. JOHN-OKOH OLUSEYI AGNES 1094. JOHNSON IHEANYICUKWU EDITH ONYINYECHI1095. JOLAYEMI KUNLE 1096. JONAH SILAS 1097. JOSEPH BABAJIDE 1098. JOSEPH GBENGA OLUWATOBILOBA1099. JOSEPH GBENGA OLUWATOBILOBA1100. JOSEPH OLAOLUWA TIMOTHY 1101. JOSEPH SAMAILA JOSEPH 1102. JOY OTELE 1103. JULIUS ONOHWORUA 1104. JUMIKE INVESTMENT LIMITED 1105. KADIRI OLUWATOBI OYENIYI 1106. KAJOGBOLA MODUPE ABIOLA 1107. KALU CHIKA PETER 1108. KANU CHUKWUEMEKA A & ODUK 1109. KAREEM OLABISI ABISOYE 1110. KASALI BALOGUN OLABOSIPO OLADEJI1111. KASALI BALOGUN OLABOSIPO OLADEJI1112. KASHAMU BURUJI 1113. KASHIM IMA ARIT 1114. KASKA TITILAYO 1115. KATOLA SEYI 1116. KATSINA EMARATE COUNCIL 1117. KAYIT NUFI NAHASH
1118. KAYODE OLASUNKANMI DAVID 1119. KAZZAH ELIAS YEYU 1120. KEGUNA OKUS CHRIS 1121. KEKEMEKE CELESTINA TAMARAUEMI 1122. KERKYAA WILLIAMS TERLUMUN 1123. KIKPOYE EMMANUEL IGOY 1124. KING ADEOLA OLUSEYI1125. KING BAMIDELE ADESHINA 1126. KING RICHARD 1127. KIWAMU WINNER UCHECHUKWU 1128. KIWEN YAKUBU SOLOMON 1129. KK PARAGON NIG LTD 1130. KOLADE FATIMAT FOLASHADE A 1131. KOLAJO TEMITOPE 1132. KOLAWOLE ABAYOMI OLUSOLA 1133. KOLAWOLE CHRISTIANA ADUNNI 1134. KOLAWOLE JOSEPH O 1135. KOMOLAFE EBENEZER OLUBUKOLA 1136. KOMOLAFE ELKANAH OLUWAFEMI 1137. KOMOLAFE OLAOLUWA TAIWO 1138. KOMOLAFE OLUWOLE DAVID 1139. KONI ABARISOKA FESTUS 1140. KORIE FRANCIS CHUKWUMA 1141. KUDEHINBU ADEBANKE AYOKANMI 1142. KUKUTE EMOLAAJEBO ADEWALE 1143. KUMOLU JOHNSON TEMITOPE ANTHONIA 1144. KUNDILA FINANCE SER.LTD.TRADED-STOCK-A/C 1145. KURMI EMMANUEL PHILIP 1146. KUROFUO EBISINDO OGOSI1147. KUTEYI MAYOWA HENRY 1148. KWAZEMA KELECHI 1149. KWOFIE LAWRENCE EKOW 1150. KWOKWO MORGAN 1151. LABILWA DANIEL 1152. LADIPO YUSUF AKINSUMBO 1153. LAMIDI D. ADEWALE 1154. LAMIDI SAKA OLAITAN 1155. LANDER BULANTA NJENGO 1156. LASISI AYOBAMI WASIU 1157. LASISI AYOBAMI WASIU 1158. LASISI BILIKISU YETUNDE 1159. LAT-BEST VENTURES LIMITED 1160. LATEEF KABIRU OLALEKAN1161. LATINWO NIYI 1162. LAWAL ADEBANKO OMONIYI1163. LAWAL AKAPO ALABA 1164. LAWAL G. ADEBOWALE 1165. LAWAL HAKEEM OLA1166. LAWAL HAKEEM OLA1167. LAWAL OJO EBENEZER1168. LAWAL OLUSEGUN WAHEED1169. LAWAL OLUSEGUN WAHEED1170. LAWAL OLUWAFUNMILOLA EBUNOLUWA 1171. LAWAL RASAQ OLADELE 1172. LAWAL RASAQ SEGUN 1173. LAWAL RUKAYAT AYODEJI 1174. LAWAL SOLOMON A 1175. LAWAL TAIWO 1176. LAWAL TAIWO 1177. LAWAL TAOFEEQ OLALEKAN 1178. LAWAL TOYIN REMILEKUN 1179. LAWAL WAHAB OLATUNJI 1180. LAWANI OLUDAMILOLA IBISOMI 1181. LAWI AHMED AISHA 1182. LAWRENCE OMIATA BENJAMIN 1183. LAWSON OMOTUNDE OLAYINKA 1184. LAYODE MARY OMOLARA 1185. LEKE JOHN 1186. LERE YUSUF 1187. LERE YUSUF 1188. LEWIS CORNELIA TULE1189. LEWIS TEMITAYO MATTHEW1190. LEWIS TEMITAYO MATTHEW1191. LIASU HAKEEM OLANREWAJU 1192. LIVINGWEALTH VENTURES 1193. LMS/SDS NWOSU CHIGOZIE ODIAKA 1194. LONGE SMART OLADELE 1195. LUKANMBI ADEBOWALE 1196. MAA'JI AMINU 1197. MAANAH CAPITAL MARKETS LTD. 1198. MAC-ISUMAN JAFAR 1199. MACLAIZE TRUST & SEC.-DEP A/C 1200. MADAWAKI AHMAD ABUBAKAR 1201. MADIKE ASHIKWEI EMMANUEL 1202. MADU ANTHONY IHEANACHO 1203. MADU CHIDI-CHARLES
1204. MADU JUDE IKECHUKWU 1205. MADUBA CANICE CHIZOBA 1206. MADUBUGO MILLICENT NDIDI 1207. MADUBUIKE UGOCHUKWU 1208. MADUEWESI TOCHUKWU VICTOR 1209. MADUKO FIDELIS OGBOGU 1210. MAIGANGA ASABAR 1211. MAINASARA SANI SHINKAFI 1212. MAJASAN JOSEPH K 1213. MAKANA GLOBAL VENTURES LTD 1214. MAKANJUOLA ADEWALE T.T. 1215. MAKELEMI EJIRO 1216. MAKUN TEMITOPE LOUISA 1217. MANY TRADE VENTURES 1218. MARIOGHAE EWULUGHENE IRERE 1219. MATHEWS OLAYINKA STEPHEN 1220. MAXWELL OKECHUKWU EKENWA 1221. MBABA JESSEY OKON 1222. MBAEBIE COSMOS EMEKA 1223. MBAMALU LOUISA DUMEBI 1224. MBAOGU NNEOMA PHYL 1225. MBOHO ITIAT JACK 1226. MBONU IKECHUKWU 1227. MEZEH COLLINS PREYE 1228. MIJINDADI FWANI MESHACH 1229. MINDAS TECHNOLOGY 1230. MINDAS TECHNOLOGY 1231. MIRACLE NNENNAYA JOB 1232. MIRIUKWU THERESA 1233. MMOGBO ALAXANDER KEKECHUKWU 1234. MODILE OLAMILEKAN ISMAI 1235. MOFIKOYA ABISOLA TOSIN 1236. MOGHIOR ENDURANCE 1237. MOHAMMED ABDULRAZAK 1238. MOHAMMED IBRAHIM ALHAJI 1239. MOHAMMED IDRIS 1240. MOHAMMED JIMOH ASAJU 1241. MOHAMMED RABI 1242. MOHAMMED SHEHU GARBA 1243. MOHHAMAD RABIU ISMAIL 1244. MOLTEN TRUST LTD-TRADED-STOCK-A/C 1245. MOMOH INNOCENT 1246. MONDAY EZRA MAIBORNO 1247. MORAWO BABARINDE JOSHUA 1248. MOROUNDIYA OLUWAGBENGA SOLOMON 1249. MOSES I PAUL 1250. M-SDS/ TAIWO IFE OLA 1251. M-SDS/ TAIWO IFE OLA 1252. MUHAMMAD YAHAYA 1253. MUHAMMED JAMIU ABDULHAFIS 1254. MUMET MULTI VENTURES LTD 1255. MUNONYE FRANK NGOZI 1256. MUONAGORO EBERECHUKWU 1257. MUONAGORO EBERECHUKWU 1258. MUSA AYOBAMI AMINA 1259. MUSA FATIMA 1260. MUSA JOSEPH ZIRA 1261. MUSA RAMATU AHMED 1262. MUSA-OJOMO LASISI OLADIPO 1263. MUSTAPHA SAHEED ALABA1264. MUSTAPHA SAHEED ALABA1265. MUSTAPHA SAMBO HASSAN 1266. MUYIDATU ADEOWO ATANTA 1267. NAGOGO GARBA USMAN 1268. NASIR ADEKUNTE IDOWU 1269. NDAGI TAIDI GANA 1270. NDAK-JANA DAVID S. 1271. NDAM DIMS PONFA 1272. NDAM DIMS PONFA 1273. NDUBISI EZINNEAMAKA AGBOMMA 1274. NDUBISI TEMA 1275. NDUBUAKU CHRISTOPHER AZUBUIKE 1276. NEBOH NNENNA AMALACHUKWU 1277. NEW AYO VENTURES INTERNATIONAL 1278. NEW ENSIGN NIG LIMITED 1279. NEWLIFE INVESTMENT CLUB KABBA 1280. NGBAKOR MIKE 1281. NGBGA WA GODWIN CHUKWUWUIKE 1282. NGIGE STANLEY IFEANYICHUKWU 1283. NGOZI NMA ODU 1284. NGWDUEBO MONDAY OKWUDILI 1285. NGWU OBIORA STEPHEN 1286. NJIKONYE IFEANYI GODDEN 1287. NJOKU ANTHONY 1288. NJOKU NKECHI EDITH 1289. NJOMGANG NAFACK
1290. NKWOCHA NDUBUEZE THEOPHILUS 1291. NKWOCHA ODUNZE EMMANUEL 1292. NMORKA ONYEMA MABEL O. 1293. NNABUENYI CHIKA OLIVIA 1294. NNAJI GODFREY CHINEDU 1295. NNAMDI IDIKA UMA 1296. NNAMDI PAULINUS 1297. NNAMEZIE HENRY ERIC UCHE 1298. NNANI ANTHONIA 1299. NOELER AJUMENU EKREBE 1300. NORWICH TELECOMS SOLUTIONS 1301. NTA CHARLES PONTIUS 1302. NUHU JERRY JOSEPH 1303. NUHU MAMMAN 1304. NWABUFOH PAUL OKECHUKWU 1305. NWABUISI DORINA CHIAGOZIE 1306. NWACHUKWU CHARLES UCHE 1307. NWACHUKWU JOSEPH UKACHUKWU 1308. NWACHUKWU KEVIN CHIBUENYIM 1309. NWADIKE ISABELLA CHINONSO 1310. NWADIOGBU CHIDERA CALLISTUS 1311. NWAFOR KINGSLEY ONYINYE 1312. NWAGBARA GODSWILL EVANS 1313. NWAIGWE DOZIE .A. 1314. NWAJAGU BLESSING NGOZI1315. NWAJAGU BLESSING NGOZI1316. NWAJAGU CHINENYE GODWIN1317. NWAJAGU CHINENYE GODWIN1318. NWAJOKU UGOCHUKWU ONYEBUCHI 1319. NWALI IKECHUKW CHRISTIAN 1320. NWALUKA NICHOLAS 1321. NWALUPUE RITA CHINYE1322. NWALUPUE RITA CHINYE1323. NWAMU UEEKS CHUKWUNE OUM 1324. NWANDU EZUGO 1325. NWANDUGO MATTHEW IRUKA 1326. NWANGWU ROSELINE 1327. NWANI MOSES NNABUCHI 1328. NWANKPA CYNTHIA CHIKODI 1329. NWANKWO BENSON ONYEBUCHI 1330. NWANKWO CHRISTOPHER ANAYO 1331. NWANKWO IJEOMA CALISTA1332. NWANKWO IJEOMA CALISTA1333. NWANZE VERONICA CHINONSO 1334. NWAOGBO CHINATU DOROTHY1335. NWAOGBO CHINATU DOROTHY1336. NWAOGU FELIX UBANI 1337. NWAOKEDIUKO OLUCHI CATHERINE 1338. NWAOKEDIUKO UGOCHUKWU FRIDAY 1339. NWAOSU THANKGODS NYEMACHI 1340. NWAZUOKE BATHOLOMEN CHINEDU 1341. NWENYIM OKECHUKWU ROMANUS 1342. NWEZZA ONELE 1343. NWICHI SARAH 1344. NWOBIOHA BLESSED REVD & MRS 1345. NWOGU INNOCENT C 1346. NWOHA CHIBUZOR RITA 1347. NWOJI KENNETH OKWUDILI 1348. NWOKEDI EMMANUEL EJIOFOR 1349. NWOKEDIKE JENNIFER OGECHUKWU 1350. NWOKOCHA MICHEAL 1351. NWOKPO CHRISTIAN USULOR 1352. NWONU ANULIKA 1353. NWOSU CHIGOZIE ODINAKA 1354. NWOYE IKEMEFUNA STEPHEN 1355. NWUME ROSE CHIZOBA 1356. NYONG INI OKON 1357. NZE CHARLES ATHANASIUS 1358. NZEH CHINEDU 1359. NZEKWE SYLVESTER ATOKWU 1360. OBA SAMUEL OLUMUYIWA 1361. OBADIARU GREGORY OSABUOHIEN 1362. OBAGBADE ABIODUN OLUGBENGA 1363. OBAKOYA OLAPEJU .O. 1364. OBAKOYA SAMUEL BABATUNDE 1365. OBASOHAN EDIKU MARTINS 1366. OBATOKI SOLA 1367. OBAYORI BAMIDELE SAMUEL 1368. OBAZEE DANIEL OSAS 1369. OBAZEE ESTHER EVBU 1370. OBAZEE IMMANUEL GREAT 1371. OBAZEE UYI PRAISE 1372. OBE OLUSOLA ADENIYI 1373. OBEMBE EBENEZER ODUNAYO A. 1374. OBEMBE JOHN AKANBI 1375. OBI CALISTA AMARACHI
1376. OBI FRANCIS OKEY 1377. OBIAGELI IWUAGWU 1378. OBIALOR CHIMA 1379. OBIBI YOLANDER ODIRI 1380. OBIDIEGWU JOEL UCHE 1381. OBIKEE BENJAMINE BEKA 1382. OBILO JUSTIN CHIGOZIE (DR) 1383. OBIORA SMART CHIKE 1384. OBIORAH EZIECHINA TITUS 1385. OBIORAH HYGINUS ONYEKA 1386. OBIREH TAFIDA USIOKARO 1387. OBISANYA ADEBAYO VICTOR1388. OBISANYA ADEBAYO VICTOR1389. OBISESAN RASHEEB AMAO1390. OBISESAN RASHEEB AMAO1391. OBODOEZE CHIZOBA 1392. OBOP VINCENT NYONG 1393. OBOT CHRIS AKPAN 1394. OCHIE JOHN OKECHUKWU 1395. OCHIGBANO ALECHENU 1396. OCHUKO EJIRO ABIGEL 1397. ODAFEN AKHERE AUGUSTINE 1398. ODEBISI OAMEN RAY 1399. ODEBODE OLAYINKA 1400. ODEBUNMI OLUSEGUN DOKUN 1401. ODEDEJI JACOB 1402. ODEDOKUN ADEBAYO OLUSEGUN 1403. ODEDOKUN ADEBIMPE O. 1404. ODEDOKUN ADEBISI TITILAYO 1405. ODEDOKUN OLUBUNMI ADEBOSE 1406. ODEDOKUN SOLOMON ADEKUNLE 1407. ODEDOKUN YETUNDE OLUFUNKE 1408. ODEKU ADESOLA OLUFUNSO 1409. ODEKUNLE OLALEKAN MURITALA 1410. ODELEYE YETUNDE OMOLARA 1411. ODENIGBO CHINEDUM ADOLPHUS 1412. ODEOGBOLA ADEGOKE ISREAL & O. ABOSEDE 1413. ODEOGBOLA AYOBAMI ABDUL-RAHMAN 1414. ODESOLA OLUKAYODE M.A 1415. ODETOLA ANNE 1416. ODEWALE ADESHINA ADEYEMI 1417. ODEYEMI HANA FOLASHADE1418. ODEYEMI HANA FOLASHADE1419. ODEYEMI MOSES KAYODE IMISIOLUWA1420. ODEYEMI MOSES KAYODE IMISIOLUWA1421. ODIACHI EZE ROBERT 1422. ODIDI OMONEFE GLADYS 1423. ODIGBO VINCENT 1424. ODILI MONDAY JONES 1425. ODIMEGWU ANTHONY IFEANYI 1426. ODO COMFORT CHIGOZIE1427. ODO COMFORT CHIGOZIE1428. ODOGWU CHUKWUEMEKA 1429. ODU VERA NYIRE 1430. ODUFOWOKAN ADEJOKE 1431. ODUFUWA JIMI TAIWO 1432. ODUKOYA KAZEEM OLALEKAN 1433. ODUMOSU OLUWATOYIN ESTHER1434. ODUNEWU MARGARET MORONKE1435. ODUNEWU MARGARET MORONKE1436. ODUNLAMI OLUFEMI SAMSON1437. ODUNOJO ADEOLA 1438. ODUNSI GLORIA NWACHI 1439. ODUNTAN ALIMOT AYINKE (MRS) 1440. ODUSE TUMI 1441. ODUSINA FEYISAYO O. 1442. ODUSOTE OLALERE 1443. ODUWOBI OLUDOTUN TOLULOPE1444. ODUWOBI OLUYINKA SIMISOLA SEYE1445. ODUWOLE OLALEKAN DUROJAIYE 1446. ODUWOLE OLUMIDE KEHINDE1447. ODUWOLE OLUMIDE KEHINDE1448. ODUYEYE AYODELE ABIKE 1449. OFODILE CHINENYE UCHE 1450. OFOMA EJIKE 1451. OFORI EMMANUEL NANA 1452. OFOVBE VICTOR DR 1453. OFURUM OWEN IFEOMA 1454. OGAZI JUDE 1455. OGBADU OYINANE JOE 1456. OGBALU MICHAEL OBIEFUNA 1457. OGBECHIE ROSE KAMBILI 1458. OGBEIDE GREGORY OZIEGBE 1459. OGBOLU EMOMOBOEYI 1460. OGBONNA ANDREW 1461. OGBONNA CHARITY CHIOMA(MRS)
1462. OGBONNA CHIZARAM NWANYIEZE 1463. OGBONNA OBIOMA TIMOTHY 1464. OGBONNA SAMUEL EZELU 1465. OGBONNAYA NNANNA ANICHO 1466. OGBU UCHENNA CHUKWU 1467. OGBUEBILI VICTOR UCHE 1468. OGBUEFI HENRY - KING 1469. OGBUEHI NNADOZIE NKEMAKOLAM 1470. OGBUEHI STANLEY 1471. OGENYI EJIKE 1472. OGHENE PROMISE OVAKPOR 1473. OGOR JULIUS CHINEDU 1474. OGU PETER 1475. OGUN MAWUYON 1476. OGUNBOTE ABU OKANLAWON 1477. OGUNBOWALE ADEBOWALE AKEEM 1478. OGUNDARE AYODEJI 1479. OGUNDARE SAHEED AYINLA 1480. OGUNDE ADEWALE ADENIYI1481. OGUNDE ADEWALE ADENIYI1482. OGUNDELE AYODELE SEGUN 1483. OGUNDEYI OLUWAFEMI OLUSEUN 1484. OGUNDIJO MUYIWA ABIODUN 1485. OGUNDIMU BABATUNDE SAMUEL1486. OGUNDIMU BABATUNDE SAMUEL1487. OGUNDIMU SAMUEL OLATUNJI1488. OGUNDIMU SAMUEL OLATUNJI1489. OGUNDINMU ESTHER 1490. OGUNDINMU ESTHER 1491. OGUNDIPE ABAYOMI MOYOSORE 1492. OGUNDIPE BABATUNDE 1493. OGUNDIPE EMMANUEL OYELADE 1494. OGUNDIPE JAMES 1495. OGUNDUBOYE IYABO 1496. OGUNFADEWO FATAI ADEBAYO 1497. OGUNFOWOKE OLAYINKA ABENI 1498. OGUNGBAMIWA TAIWO TAYO 1499. OGUNGBE GRACE OMOLOLA 1500. OGUNJIMI KEHINDE ADEBOLA1501. OGUNJINMI ABIMBOLA ABIODUN 1502. OGUNJOBI ESTHER RIGHTOUSNESS 1503. OGUNKOYA OLUYOMI TEMITAYO 1504. OGUNLADE SAMUEL SEUN1505. OGUNLADE SAMUEL SEUN1506. OGUNLEYE ABIMBOLA OMOLARA 1507. OGUNLEYE CHRISTIANAH OLAYINKA 1508. OGUNLEYE LANRE AKINFENWA 1509. OGUNMEKAN FOLAKEMI OLAPEJU 1510. OGUNMOLA SAHEED OLADIMEJI 1511. OGUNMUKO AKINTUNDE OLUREMI 1512. OGUNNAIKE ADEBAYO OLANBIWONINU 1513. OGUNNUBI ROBERTS 1514. OGUNROTIMI KEHINDE JOSEPH 1515. OGUNS AMIOLEMHEN INNOCENT 1516. OGUNSENI AKEEM ADEBAYO 1517. OGUNSESAN LUKMAN ADESINA 1518. OGUNTA R. IKECHUKWU 1519. OGUNTADE OLALEKAN 1520. OGUNTADE OLALEKAN 1521. OGUNTADE OLANIYI 1522. OGUNTADE OLANIYI 1523. OGUNTADE OMOLOLA OLUWAYEMISI1524. OGUNTADE OMOLOLA OLUWAYEMISI1525. OGUNTAYO ADESOMI ADENIRETI 1526. OGUNTOLA MOSES 1527. OGUNTUNDE OLUFEMI EYITAYO 1528. OGUNWALE SOLIU 1529. OGUNYAMOJU JOHN 1530. OGUNYEMI ADELEKE ANDREW1531. OGUNYEMI ADELEKE ANDREW1532. OGUNYEMI ADELEKE TOSIN1533. OGUNYEMI ADELEKE TOSIN1534. OGUNYIPE OLUBUKOLA ADELAYO 1535. OGWO IHEANYI EMMANUEL 1536. OHAEGBULAM IKENNA 1537. OHAEZUKOSI CHRIS NNAMDI 1538. OHAGWU JUDE CHINEDU 1539. OHAJI CHIEMEZIE CALLISTUS 1540. OHAKIM EMMNAUEL CHIBUEZE 1541. OHEKWOWULE PAULINE OJOMA 1542. OHIKERE RACHAEL O 1543. OISAMOJE FELIX IDEHO 1544. OJEABURU EDEIFO ERIC 1545. OJEDELE ADEMOLA 1546. OJEDOKUN GBADEGESIN OLUSOLA 1547. OJEIH ANTHONY IFEANYI
LIST OF UNCLAIMED DIVIDENDSLIST OF UNCLAIMED DIVIDENDS
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
56
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
57
1032. INYANG DANIEL UWEM 1033. IPINNIMO OLUWAFEMI 1034. IREIGBE MAYOKUN FISAYO 1035. IREOZA CHIKEZIE DAVID 1036. IRIMI BECKY SHAIKI 1037. IROHA CHIMERE UKOHA 1038. IROJAH FEMI 1039. IRUBOR JOHNSON 1040. IRUKERA MABEL FOLUKE 1041. IRUOBE JETHRO 1042. IRUOLAGBE CHRISTOPHER OJEMEIGHA 1043. ISAAC GREAT CHUKWUEMEKA 1044. ISAAC SUNDAY DAMILARE1045. ISAAC SUNDAY DAMILARE1046. ISAWUMI MODUPEOLA OLUDOLAPO1047. ISHOLA GBENGA PAUL 1048. ISHOLA ISMAILA IDOWU 1049. ISHOLA OLAWALE KADIRI 1050. ISIAKA KUDIRAT 1051. ISIAKPERE ANN IGHOHWO 1052. ISRAEL NKEMDIRIM JONATHAN 1053. ISU EBEKE 1054. ITA ANTIGHA AKABOM 1055. ITEWO JOY OGHOGHO 1056. ITOK ESETANG FRANCIS 1057. IWALOYE MARY MAYOWA 1058. IWAYEMI BUKAYO 1059. IWUAGWU CHINEDU STANLEY 1060. IWUCHUKWU SAMUEL C. 1061. IYALLA NATHANIEL DAMINABO 1062. IYASE OSAZE 1063. IYAWE CHRISTOPHER OSAGIE 1064. IYIZOBA KENECHUKWU 1065. IYOHA EMMANUEL OSEMUDIAMEN 1066. IYOHA JUDE ODION 1067. IYORYISA SARAH YUA 1068. IZUAGIE LEXINGTON 1069. IZUELU NZUBE CONANYAH 1070. IZUNNASO IFEOMA GENEVIEVE 1071. JACOB JOSHUA ESHOROMEH1072. JAIYEOLA PETER OYE 1073. JAMES CHIDI ALEX 1074. JAMES EBUNOLUWA 1075. JAMES LIDUAKOBONG SAMUEL 1076. JAMES OLUFUNMILAYO BOSEDE 1077. JAMES TOMA 1078. JAMIU MOHAMMED ISIAQ OLANREWAJU 1079. JATTO BETTY OBIAGELI 1080. JEGEDE OLUWASEGUN ADEDEJI 1081. JEGEDE SUNDAY EBENEZER 1082. JEKAMI OMORINSOLA SUNDAY AINA 1083. JEREMIAN HANSON UKEME 1084. JIMOH ABIOYE OLADIPUPO1085. JIMOH RASAQ OLAREWAJU 1086. JINADU ADETIFA ADEOBA DESCENANTS FUNDS 1087. JINADU ADETIFA ADEOBA DESCENANTS FUNDS 1088. JODA MUSA ABUBAKAR 1089. JOEL JUSTINA JACQUELINE 1090. JOFRANK VENTURES 1091. JOHN NGOZI EMENIKE 1092. JOHN PATRICK ENEMIRIAYO 1093. JOHN-OKOH OLUSEYI AGNES 1094. JOHNSON IHEANYICUKWU EDITH ONYINYECHI1095. JOLAYEMI KUNLE 1096. JONAH SILAS 1097. JOSEPH BABAJIDE 1098. JOSEPH GBENGA OLUWATOBILOBA1099. JOSEPH GBENGA OLUWATOBILOBA1100. JOSEPH OLAOLUWA TIMOTHY 1101. JOSEPH SAMAILA JOSEPH 1102. JOY OTELE 1103. JULIUS ONOHWORUA 1104. JUMIKE INVESTMENT LIMITED 1105. KADIRI OLUWATOBI OYENIYI 1106. KAJOGBOLA MODUPE ABIOLA 1107. KALU CHIKA PETER 1108. KANU CHUKWUEMEKA A & ODUK 1109. KAREEM OLABISI ABISOYE 1110. KASALI BALOGUN OLABOSIPO OLADEJI1111. KASALI BALOGUN OLABOSIPO OLADEJI1112. KASHAMU BURUJI 1113. KASHIM IMA ARIT 1114. KASKA TITILAYO 1115. KATOLA SEYI 1116. KATSINA EMARATE COUNCIL 1117. KAYIT NUFI NAHASH
1118. KAYODE OLASUNKANMI DAVID 1119. KAZZAH ELIAS YEYU 1120. KEGUNA OKUS CHRIS 1121. KEKEMEKE CELESTINA TAMARAUEMI 1122. KERKYAA WILLIAMS TERLUMUN 1123. KIKPOYE EMMANUEL IGOY 1124. KING ADEOLA OLUSEYI1125. KING BAMIDELE ADESHINA 1126. KING RICHARD 1127. KIWAMU WINNER UCHECHUKWU 1128. KIWEN YAKUBU SOLOMON 1129. KK PARAGON NIG LTD 1130. KOLADE FATIMAT FOLASHADE A 1131. KOLAJO TEMITOPE 1132. KOLAWOLE ABAYOMI OLUSOLA 1133. KOLAWOLE CHRISTIANA ADUNNI 1134. KOLAWOLE JOSEPH O 1135. KOMOLAFE EBENEZER OLUBUKOLA 1136. KOMOLAFE ELKANAH OLUWAFEMI 1137. KOMOLAFE OLAOLUWA TAIWO 1138. KOMOLAFE OLUWOLE DAVID 1139. KONI ABARISOKA FESTUS 1140. KORIE FRANCIS CHUKWUMA 1141. KUDEHINBU ADEBANKE AYOKANMI 1142. KUKUTE EMOLAAJEBO ADEWALE 1143. KUMOLU JOHNSON TEMITOPE ANTHONIA 1144. KUNDILA FINANCE SER.LTD.TRADED-STOCK-A/C 1145. KURMI EMMANUEL PHILIP 1146. KUROFUO EBISINDO OGOSI1147. KUTEYI MAYOWA HENRY 1148. KWAZEMA KELECHI 1149. KWOFIE LAWRENCE EKOW 1150. KWOKWO MORGAN 1151. LABILWA DANIEL 1152. LADIPO YUSUF AKINSUMBO 1153. LAMIDI D. ADEWALE 1154. LAMIDI SAKA OLAITAN 1155. LANDER BULANTA NJENGO 1156. LASISI AYOBAMI WASIU 1157. LASISI AYOBAMI WASIU 1158. LASISI BILIKISU YETUNDE 1159. LAT-BEST VENTURES LIMITED 1160. LATEEF KABIRU OLALEKAN1161. LATINWO NIYI 1162. LAWAL ADEBANKO OMONIYI1163. LAWAL AKAPO ALABA 1164. LAWAL G. ADEBOWALE 1165. LAWAL HAKEEM OLA1166. LAWAL HAKEEM OLA1167. LAWAL OJO EBENEZER1168. LAWAL OLUSEGUN WAHEED1169. LAWAL OLUSEGUN WAHEED1170. LAWAL OLUWAFUNMILOLA EBUNOLUWA 1171. LAWAL RASAQ OLADELE 1172. LAWAL RASAQ SEGUN 1173. LAWAL RUKAYAT AYODEJI 1174. LAWAL SOLOMON A 1175. LAWAL TAIWO 1176. LAWAL TAIWO 1177. LAWAL TAOFEEQ OLALEKAN 1178. LAWAL TOYIN REMILEKUN 1179. LAWAL WAHAB OLATUNJI 1180. LAWANI OLUDAMILOLA IBISOMI 1181. LAWI AHMED AISHA 1182. LAWRENCE OMIATA BENJAMIN 1183. LAWSON OMOTUNDE OLAYINKA 1184. LAYODE MARY OMOLARA 1185. LEKE JOHN 1186. LERE YUSUF 1187. LERE YUSUF 1188. LEWIS CORNELIA TULE1189. LEWIS TEMITAYO MATTHEW1190. LEWIS TEMITAYO MATTHEW1191. LIASU HAKEEM OLANREWAJU 1192. LIVINGWEALTH VENTURES 1193. LMS/SDS NWOSU CHIGOZIE ODIAKA 1194. LONGE SMART OLADELE 1195. LUKANMBI ADEBOWALE 1196. MAA'JI AMINU 1197. MAANAH CAPITAL MARKETS LTD. 1198. MAC-ISUMAN JAFAR 1199. MACLAIZE TRUST & SEC.-DEP A/C 1200. MADAWAKI AHMAD ABUBAKAR 1201. MADIKE ASHIKWEI EMMANUEL 1202. MADU ANTHONY IHEANACHO 1203. MADU CHIDI-CHARLES
1204. MADU JUDE IKECHUKWU 1205. MADUBA CANICE CHIZOBA 1206. MADUBUGO MILLICENT NDIDI 1207. MADUBUIKE UGOCHUKWU 1208. MADUEWESI TOCHUKWU VICTOR 1209. MADUKO FIDELIS OGBOGU 1210. MAIGANGA ASABAR 1211. MAINASARA SANI SHINKAFI 1212. MAJASAN JOSEPH K 1213. MAKANA GLOBAL VENTURES LTD 1214. MAKANJUOLA ADEWALE T.T. 1215. MAKELEMI EJIRO 1216. MAKUN TEMITOPE LOUISA 1217. MANY TRADE VENTURES 1218. MARIOGHAE EWULUGHENE IRERE 1219. MATHEWS OLAYINKA STEPHEN 1220. MAXWELL OKECHUKWU EKENWA 1221. MBABA JESSEY OKON 1222. MBAEBIE COSMOS EMEKA 1223. MBAMALU LOUISA DUMEBI 1224. MBAOGU NNEOMA PHYL 1225. MBOHO ITIAT JACK 1226. MBONU IKECHUKWU 1227. MEZEH COLLINS PREYE 1228. MIJINDADI FWANI MESHACH 1229. MINDAS TECHNOLOGY 1230. MINDAS TECHNOLOGY 1231. MIRACLE NNENNAYA JOB 1232. MIRIUKWU THERESA 1233. MMOGBO ALAXANDER KEKECHUKWU 1234. MODILE OLAMILEKAN ISMAI 1235. MOFIKOYA ABISOLA TOSIN 1236. MOGHIOR ENDURANCE 1237. MOHAMMED ABDULRAZAK 1238. MOHAMMED IBRAHIM ALHAJI 1239. MOHAMMED IDRIS 1240. MOHAMMED JIMOH ASAJU 1241. MOHAMMED RABI 1242. MOHAMMED SHEHU GARBA 1243. MOHHAMAD RABIU ISMAIL 1244. MOLTEN TRUST LTD-TRADED-STOCK-A/C 1245. MOMOH INNOCENT 1246. MONDAY EZRA MAIBORNO 1247. MORAWO BABARINDE JOSHUA 1248. MOROUNDIYA OLUWAGBENGA SOLOMON 1249. MOSES I PAUL 1250. M-SDS/ TAIWO IFE OLA 1251. M-SDS/ TAIWO IFE OLA 1252. MUHAMMAD YAHAYA 1253. MUHAMMED JAMIU ABDULHAFIS 1254. MUMET MULTI VENTURES LTD 1255. MUNONYE FRANK NGOZI 1256. MUONAGORO EBERECHUKWU 1257. MUONAGORO EBERECHUKWU 1258. MUSA AYOBAMI AMINA 1259. MUSA FATIMA 1260. MUSA JOSEPH ZIRA 1261. MUSA RAMATU AHMED 1262. MUSA-OJOMO LASISI OLADIPO 1263. MUSTAPHA SAHEED ALABA1264. MUSTAPHA SAHEED ALABA1265. MUSTAPHA SAMBO HASSAN 1266. MUYIDATU ADEOWO ATANTA 1267. NAGOGO GARBA USMAN 1268. NASIR ADEKUNTE IDOWU 1269. NDAGI TAIDI GANA 1270. NDAK-JANA DAVID S. 1271. NDAM DIMS PONFA 1272. NDAM DIMS PONFA 1273. NDUBISI EZINNEAMAKA AGBOMMA 1274. NDUBISI TEMA 1275. NDUBUAKU CHRISTOPHER AZUBUIKE 1276. NEBOH NNENNA AMALACHUKWU 1277. NEW AYO VENTURES INTERNATIONAL 1278. NEW ENSIGN NIG LIMITED 1279. NEWLIFE INVESTMENT CLUB KABBA 1280. NGBAKOR MIKE 1281. NGBGA WA GODWIN CHUKWUWUIKE 1282. NGIGE STANLEY IFEANYICHUKWU 1283. NGOZI NMA ODU 1284. NGWDUEBO MONDAY OKWUDILI 1285. NGWU OBIORA STEPHEN 1286. NJIKONYE IFEANYI GODDEN 1287. NJOKU ANTHONY 1288. NJOKU NKECHI EDITH 1289. NJOMGANG NAFACK
1290. NKWOCHA NDUBUEZE THEOPHILUS 1291. NKWOCHA ODUNZE EMMANUEL 1292. NMORKA ONYEMA MABEL O. 1293. NNABUENYI CHIKA OLIVIA 1294. NNAJI GODFREY CHINEDU 1295. NNAMDI IDIKA UMA 1296. NNAMDI PAULINUS 1297. NNAMEZIE HENRY ERIC UCHE 1298. NNANI ANTHONIA 1299. NOELER AJUMENU EKREBE 1300. NORWICH TELECOMS SOLUTIONS 1301. NTA CHARLES PONTIUS 1302. NUHU JERRY JOSEPH 1303. NUHU MAMMAN 1304. NWABUFOH PAUL OKECHUKWU 1305. NWABUISI DORINA CHIAGOZIE 1306. NWACHUKWU CHARLES UCHE 1307. NWACHUKWU JOSEPH UKACHUKWU 1308. NWACHUKWU KEVIN CHIBUENYIM 1309. NWADIKE ISABELLA CHINONSO 1310. NWADIOGBU CHIDERA CALLISTUS 1311. NWAFOR KINGSLEY ONYINYE 1312. NWAGBARA GODSWILL EVANS 1313. NWAIGWE DOZIE .A. 1314. NWAJAGU BLESSING NGOZI1315. NWAJAGU BLESSING NGOZI1316. NWAJAGU CHINENYE GODWIN1317. NWAJAGU CHINENYE GODWIN1318. NWAJOKU UGOCHUKWU ONYEBUCHI 1319. NWALI IKECHUKW CHRISTIAN 1320. NWALUKA NICHOLAS 1321. NWALUPUE RITA CHINYE1322. NWALUPUE RITA CHINYE1323. NWAMU UEEKS CHUKWUNE OUM 1324. NWANDU EZUGO 1325. NWANDUGO MATTHEW IRUKA 1326. NWANGWU ROSELINE 1327. NWANI MOSES NNABUCHI 1328. NWANKPA CYNTHIA CHIKODI 1329. NWANKWO BENSON ONYEBUCHI 1330. NWANKWO CHRISTOPHER ANAYO 1331. NWANKWO IJEOMA CALISTA1332. NWANKWO IJEOMA CALISTA1333. NWANZE VERONICA CHINONSO 1334. NWAOGBO CHINATU DOROTHY1335. NWAOGBO CHINATU DOROTHY1336. NWAOGU FELIX UBANI 1337. NWAOKEDIUKO OLUCHI CATHERINE 1338. NWAOKEDIUKO UGOCHUKWU FRIDAY 1339. NWAOSU THANKGODS NYEMACHI 1340. NWAZUOKE BATHOLOMEN CHINEDU 1341. NWENYIM OKECHUKWU ROMANUS 1342. NWEZZA ONELE 1343. NWICHI SARAH 1344. NWOBIOHA BLESSED REVD & MRS 1345. NWOGU INNOCENT C 1346. NWOHA CHIBUZOR RITA 1347. NWOJI KENNETH OKWUDILI 1348. NWOKEDI EMMANUEL EJIOFOR 1349. NWOKEDIKE JENNIFER OGECHUKWU 1350. NWOKOCHA MICHEAL 1351. NWOKPO CHRISTIAN USULOR 1352. NWONU ANULIKA 1353. NWOSU CHIGOZIE ODINAKA 1354. NWOYE IKEMEFUNA STEPHEN 1355. NWUME ROSE CHIZOBA 1356. NYONG INI OKON 1357. NZE CHARLES ATHANASIUS 1358. NZEH CHINEDU 1359. NZEKWE SYLVESTER ATOKWU 1360. OBA SAMUEL OLUMUYIWA 1361. OBADIARU GREGORY OSABUOHIEN 1362. OBAGBADE ABIODUN OLUGBENGA 1363. OBAKOYA OLAPEJU .O. 1364. OBAKOYA SAMUEL BABATUNDE 1365. OBASOHAN EDIKU MARTINS 1366. OBATOKI SOLA 1367. OBAYORI BAMIDELE SAMUEL 1368. OBAZEE DANIEL OSAS 1369. OBAZEE ESTHER EVBU 1370. OBAZEE IMMANUEL GREAT 1371. OBAZEE UYI PRAISE 1372. OBE OLUSOLA ADENIYI 1373. OBEMBE EBENEZER ODUNAYO A. 1374. OBEMBE JOHN AKANBI 1375. OBI CALISTA AMARACHI
1376. OBI FRANCIS OKEY 1377. OBIAGELI IWUAGWU 1378. OBIALOR CHIMA 1379. OBIBI YOLANDER ODIRI 1380. OBIDIEGWU JOEL UCHE 1381. OBIKEE BENJAMINE BEKA 1382. OBILO JUSTIN CHIGOZIE (DR) 1383. OBIORA SMART CHIKE 1384. OBIORAH EZIECHINA TITUS 1385. OBIORAH HYGINUS ONYEKA 1386. OBIREH TAFIDA USIOKARO 1387. OBISANYA ADEBAYO VICTOR1388. OBISANYA ADEBAYO VICTOR1389. OBISESAN RASHEEB AMAO1390. OBISESAN RASHEEB AMAO1391. OBODOEZE CHIZOBA 1392. OBOP VINCENT NYONG 1393. OBOT CHRIS AKPAN 1394. OCHIE JOHN OKECHUKWU 1395. OCHIGBANO ALECHENU 1396. OCHUKO EJIRO ABIGEL 1397. ODAFEN AKHERE AUGUSTINE 1398. ODEBISI OAMEN RAY 1399. ODEBODE OLAYINKA 1400. ODEBUNMI OLUSEGUN DOKUN 1401. ODEDEJI JACOB 1402. ODEDOKUN ADEBAYO OLUSEGUN 1403. ODEDOKUN ADEBIMPE O. 1404. ODEDOKUN ADEBISI TITILAYO 1405. ODEDOKUN OLUBUNMI ADEBOSE 1406. ODEDOKUN SOLOMON ADEKUNLE 1407. ODEDOKUN YETUNDE OLUFUNKE 1408. ODEKU ADESOLA OLUFUNSO 1409. ODEKUNLE OLALEKAN MURITALA 1410. ODELEYE YETUNDE OMOLARA 1411. ODENIGBO CHINEDUM ADOLPHUS 1412. ODEOGBOLA ADEGOKE ISREAL & O. ABOSEDE 1413. ODEOGBOLA AYOBAMI ABDUL-RAHMAN 1414. ODESOLA OLUKAYODE M.A 1415. ODETOLA ANNE 1416. ODEWALE ADESHINA ADEYEMI 1417. ODEYEMI HANA FOLASHADE1418. ODEYEMI HANA FOLASHADE1419. ODEYEMI MOSES KAYODE IMISIOLUWA1420. ODEYEMI MOSES KAYODE IMISIOLUWA1421. ODIACHI EZE ROBERT 1422. ODIDI OMONEFE GLADYS 1423. ODIGBO VINCENT 1424. ODILI MONDAY JONES 1425. ODIMEGWU ANTHONY IFEANYI 1426. ODO COMFORT CHIGOZIE1427. ODO COMFORT CHIGOZIE1428. ODOGWU CHUKWUEMEKA 1429. ODU VERA NYIRE 1430. ODUFOWOKAN ADEJOKE 1431. ODUFUWA JIMI TAIWO 1432. ODUKOYA KAZEEM OLALEKAN 1433. ODUMOSU OLUWATOYIN ESTHER1434. ODUNEWU MARGARET MORONKE1435. ODUNEWU MARGARET MORONKE1436. ODUNLAMI OLUFEMI SAMSON1437. ODUNOJO ADEOLA 1438. ODUNSI GLORIA NWACHI 1439. ODUNTAN ALIMOT AYINKE (MRS) 1440. ODUSE TUMI 1441. ODUSINA FEYISAYO O. 1442. ODUSOTE OLALERE 1443. ODUWOBI OLUDOTUN TOLULOPE1444. ODUWOBI OLUYINKA SIMISOLA SEYE1445. ODUWOLE OLALEKAN DUROJAIYE 1446. ODUWOLE OLUMIDE KEHINDE1447. ODUWOLE OLUMIDE KEHINDE1448. ODUYEYE AYODELE ABIKE 1449. OFODILE CHINENYE UCHE 1450. OFOMA EJIKE 1451. OFORI EMMANUEL NANA 1452. OFOVBE VICTOR DR 1453. OFURUM OWEN IFEOMA 1454. OGAZI JUDE 1455. OGBADU OYINANE JOE 1456. OGBALU MICHAEL OBIEFUNA 1457. OGBECHIE ROSE KAMBILI 1458. OGBEIDE GREGORY OZIEGBE 1459. OGBOLU EMOMOBOEYI 1460. OGBONNA ANDREW 1461. OGBONNA CHARITY CHIOMA(MRS)
1462. OGBONNA CHIZARAM NWANYIEZE 1463. OGBONNA OBIOMA TIMOTHY 1464. OGBONNA SAMUEL EZELU 1465. OGBONNAYA NNANNA ANICHO 1466. OGBU UCHENNA CHUKWU 1467. OGBUEBILI VICTOR UCHE 1468. OGBUEFI HENRY - KING 1469. OGBUEHI NNADOZIE NKEMAKOLAM 1470. OGBUEHI STANLEY 1471. OGENYI EJIKE 1472. OGHENE PROMISE OVAKPOR 1473. OGOR JULIUS CHINEDU 1474. OGU PETER 1475. OGUN MAWUYON 1476. OGUNBOTE ABU OKANLAWON 1477. OGUNBOWALE ADEBOWALE AKEEM 1478. OGUNDARE AYODEJI 1479. OGUNDARE SAHEED AYINLA 1480. OGUNDE ADEWALE ADENIYI1481. OGUNDE ADEWALE ADENIYI1482. OGUNDELE AYODELE SEGUN 1483. OGUNDEYI OLUWAFEMI OLUSEUN 1484. OGUNDIJO MUYIWA ABIODUN 1485. OGUNDIMU BABATUNDE SAMUEL1486. OGUNDIMU BABATUNDE SAMUEL1487. OGUNDIMU SAMUEL OLATUNJI1488. OGUNDIMU SAMUEL OLATUNJI1489. OGUNDINMU ESTHER 1490. OGUNDINMU ESTHER 1491. OGUNDIPE ABAYOMI MOYOSORE 1492. OGUNDIPE BABATUNDE 1493. OGUNDIPE EMMANUEL OYELADE 1494. OGUNDIPE JAMES 1495. OGUNDUBOYE IYABO 1496. OGUNFADEWO FATAI ADEBAYO 1497. OGUNFOWOKE OLAYINKA ABENI 1498. OGUNGBAMIWA TAIWO TAYO 1499. OGUNGBE GRACE OMOLOLA 1500. OGUNJIMI KEHINDE ADEBOLA1501. OGUNJINMI ABIMBOLA ABIODUN 1502. OGUNJOBI ESTHER RIGHTOUSNESS 1503. OGUNKOYA OLUYOMI TEMITAYO 1504. OGUNLADE SAMUEL SEUN1505. OGUNLADE SAMUEL SEUN1506. OGUNLEYE ABIMBOLA OMOLARA 1507. OGUNLEYE CHRISTIANAH OLAYINKA 1508. OGUNLEYE LANRE AKINFENWA 1509. OGUNMEKAN FOLAKEMI OLAPEJU 1510. OGUNMOLA SAHEED OLADIMEJI 1511. OGUNMUKO AKINTUNDE OLUREMI 1512. OGUNNAIKE ADEBAYO OLANBIWONINU 1513. OGUNNUBI ROBERTS 1514. OGUNROTIMI KEHINDE JOSEPH 1515. OGUNS AMIOLEMHEN INNOCENT 1516. OGUNSENI AKEEM ADEBAYO 1517. OGUNSESAN LUKMAN ADESINA 1518. OGUNTA R. IKECHUKWU 1519. OGUNTADE OLALEKAN 1520. OGUNTADE OLALEKAN 1521. OGUNTADE OLANIYI 1522. OGUNTADE OLANIYI 1523. OGUNTADE OMOLOLA OLUWAYEMISI1524. OGUNTADE OMOLOLA OLUWAYEMISI1525. OGUNTAYO ADESOMI ADENIRETI 1526. OGUNTOLA MOSES 1527. OGUNTUNDE OLUFEMI EYITAYO 1528. OGUNWALE SOLIU 1529. OGUNYAMOJU JOHN 1530. OGUNYEMI ADELEKE ANDREW1531. OGUNYEMI ADELEKE ANDREW1532. OGUNYEMI ADELEKE TOSIN1533. OGUNYEMI ADELEKE TOSIN1534. OGUNYIPE OLUBUKOLA ADELAYO 1535. OGWO IHEANYI EMMANUEL 1536. OHAEGBULAM IKENNA 1537. OHAEZUKOSI CHRIS NNAMDI 1538. OHAGWU JUDE CHINEDU 1539. OHAJI CHIEMEZIE CALLISTUS 1540. OHAKIM EMMNAUEL CHIBUEZE 1541. OHEKWOWULE PAULINE OJOMA 1542. OHIKERE RACHAEL O 1543. OISAMOJE FELIX IDEHO 1544. OJEABURU EDEIFO ERIC 1545. OJEDELE ADEMOLA 1546. OJEDOKUN GBADEGESIN OLUSOLA 1547. OJEIH ANTHONY IFEANYI
LIST OF UNCLAIMED DIVIDENDSLIST OF UNCLAIMED DIVIDENDS
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
59
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
58
1548. OJEMOLA ABIOLA OLUTOSIN 1549. OJIKUTU ABDULRASHEED TEMIDAYO 1550. OJIMADU NDUBUISI 1551. OJO ABIODUN LUIS 1552. OJO EHIMEN EDWARD 1553. OJO OLALEKAN SAMUEL 1554. OJO PHILIPS OLUYEMI 1555. OJO RASHEED OLAWANLE1556. OJO RONKE ESTHER 1557. OJO ROSELINE ADENIKE 1558. OJOFEITIMI EUNICE OLADUNNI1559. OJOFEITIMI EUNICE OLADUNNI1560. OJOMO CYNTHIA JENROLA1561. OJOMO SANDRA ADERINOLA1562. OJOMU TOYIN RONKE 1563. OJUMOLA OPEYEMI AFOLABI 1564. OJUTIKU OLA LATEEF 1565. OJUTIKU OLA LATEEF 1566. OKAA CHUKWUEMEKA JOACHIM 1567. OKAFOR CHARLES IKECHUKWU 1568. OKAFOR HELEN OGE 1569. OKAFOR IKEMEFUNA CHIBUZO1570. OKAFOR NCHEDO JANE 1571. OKAFOR ONYEBUCHI MAC-HAROLD 1572. OKAH OLUYEMI FELICIA 1573. OKANLAWON ARINADE FUNMILOLA 1574. OKAO EHIGIATOR 1575. OKARO PATRICIA UCHENNA 1576. OKATE MARK AZEMO-OBOH 1577. OKE JANET OMOLEWA 1578. OKE OWO OLAYIWOLA CALEB 1579. OKECHUKWU KINGSLEY EMEKA 1580. OKEKE CHARITY IFEYINWA 1581. OKEKE DONATUS CHUKWUEMEKA 1582. OKEKE UCHENNA 1583. OKEKE UCHENNA EMMANUEL 1584. OKELEKE CHINEDU PAUL 1585. OKENIYI OLUWOLE JOSHUA 1586. OKENLA FOLORUNSO 1587. OKERE BIDWELL NKEMAKOLAM 1588. OKERE HELEN OGORCHUKWU 1589. OKERE JULIET ADAMMA 1590. OKEREKE ALEX OKEY 1591. OKESIJI ADEDAYO MARY1592. OKEYODE ESTHER AJULO 1593. OKHUELEIGBE BLESSING OMOFEMA 1594. OKI BLESSING 1595. OKI UFUOMA 1596. OKOEGUALE OSEYOMON FREDDIE 1597. OKOGBO CHRISTY OBI 1598. OKOH DANIEL ITEBITE 1599. OKOH NGOZI BLESSING 1600. OKOH-EIGBEFOH PATIENCE. I. 1601. OKOISE AMI ABIGAIL 1602. OKOJI SAMUEL ENA 1603. OKOJIE FRANKLIN 1604. OKOJIE ILOBEKEMEN JOHN 1605. OKOLI ANTHONY 1606. OKOLIE ONYINYECHUKWU RITA 1607. OKOLO ANTHONIA CHIOMA 1608. OKOLO JAMES CHIGOZIE1609. OKOLO PAMELA IFUNANYA 1610. OKON FRANCIS ETIM 1611. OKONKWO JULIET EBELE 1612. OKONKWO OBIORA CHARLES 1613. OKONKWO PERPETUAL CHICHI 1614. OKONKWO-ANI PRINCE JOSHUA 1615. OKORIE CHARLES ANYANALECHI 1616. OKORIE CHINYERE GIFT 1617. OKORIE CHRISTIAN 1618. OKORIE NGOZI EZINNE 1619. OKORIE OGBONNA MIKE 1620. OKORIE STEPHEN 1621. OKORIE UCHEDOZIE 1622. OKORO FABIAN AJAH 1623. OKORO MACAULEY AWOROKE 1624. OKORO OBASI 1625. OKORO ONWUKWE NGWU 1626. OKOROCHA GLADYS UCHEOMA 1627. OKORONKWO CHRISTIAN CHIKA 1628. OKOSUN ILO. A 1629. OKOTIE GOODLUCK E. 1630. OKOYA IDRIS AJIBOLA 1631. OKOYA-THOMAS HENRY AYODEJI 1632. OKOYE ANTHONIA C. 1633. OKOYE EGODI
1634. OKOYE FRANCIS CHINEDU 1635. OKOYE NGOZI ANNE 1636. OKOYE OBIANUJU OBIAGELI 1637. OKPANACHI ABDULKADIR ATAGUBA 1638. OKPARA LILIAN NNEKA 1639. OKPARA NGOZI BLESSING 1640. OKPARA SABINUS 1641. OKPO ETIM SAM KAISO 1642. OKPOKU ALOYSIOUS C 1643. OKPORUA ANTHONY OKPORUA 1644. OKPOTO FRANCIS E. 1645. OKUBADEJO ABDULSSALAM BABATUNDE 1646. OKUBADEJO KHADIJAH OLUWABUNMI 1647. OKUBULE ADESEGUN ADEWALE 1648. OKUNADE ABAYOMI JOHN1649. OKUNADE ABAYOMI JOHN1650. OKUNADE GRACE OMOLADUN1651. OKUNADE GRACE OMOLADUN1652. OKUNBOR JOSEPH A. 1653. OKUNLOLA TAJUDEEN OLODUDE1654. OKUNLOLA TAJUDEEN OLODUDE1655. OKUNOLA ABIDEMI MOSES 1656. OKUNOLA HALIMA ADESOLA 1657. OKUNROTIFA AGNES EYIWUMI 1658. OKURUME CHINONSO 1659. OKUWE BERNARD 1660. OKWAKPAM CHARLES .O 1661. OKWUONYEKWU EMMANUEL NGOZI 1662. OKWUOSA CHINWE M 1663. OKWUZIGWU CYPRIAN CHUKS 1664. OLA AYOMIDE 1665. OLA EBENEZER 1666. OLA ESTHER OLABISI 1667. OLABIYI BISOLA OLUWA 1668. OLABODE OLAKUNLE MICHAEL 1669. OLABOOYE ABIODUN BASIRAT 1670. OLADAPO NURUDEEN AFOLABI 1671. OLADEJI FLORENCE 1672. OLADEJI YETUNDE DOLAPO 1673. OLADEJO BUKOLA EBENEZER 1674. OLADELE DAMILOLA MOSES 1675. OLADIMEJI ADEKUNLE BENSON 1676. OLADIMEJI ARINOLA KEHINDE 1677. OLADIMEJI DEBO KUNLE 1678. OLADIMEJI JUMOKE FOLUKE 1679. OLADIPUPO ISREAL TUNDE 1680. OLADIRAN ABIODUN ISAAC 1681. OLADITI ELIZABETH 1682. OLADUJOYE MORUFU ALABI 1683. OLAFIMIHAN TOLULOPE 1684. OLAGUNJU FUNMI 1685. OLAGUNJU FUNMI 1686. OLAIDE OLUSHOLA MORENIKE1687. OLAIDE OLUSHOLA MORENIKE1688. OLA-JAMES OMOLADE OLAYIWOLA 1689. OLAJIDE OLAYEMI 1690. OLAJIDE OLUJIMI JOSEPH 1691. OLAJIDE OLUSHOLA BRIGHT 1692. OLAJIGA MOJIROLA OLUFUNMILAYO 1693. OLALEKE MAKINDE OLUWASEUN 1694. OLALEYE OYINDAMOLA TOSIN 1695. OLALOWO BOLANLE OLUYEMI 1696. OLAMIKUN GLOBAL RESOURCES LTD 1697. OLANIPEKUN FEBRSOLA 1698. OLANIPEKUN FEBRSOLA 1699. OLANIYAN AYODELE LAWAL 1700. OLANIYAN BAMIDELE MODUPE 1701. OLANIYAN ISSA ADEBAYO 1702. OLANIYI ABIODUN KOLAWOLE 1703. OLANREWAJU OLABODE OLAWALE 1704. OLANREWAJU TAOFEEK KOLAPO 1705. OLAOLUWAKITAN OLAWUNMI BOSEDE 1706. OLAONIPEKUN KUNLE 1707. OLAOSEBIKAN OYEWOLE 1708. OLAOSEBIKAN TUNDE 1709. OLAOYE OLUFEMI OLUBISI 1710. OLAOYE REMILEKUN 1711. OLAPADE OLATUNJI AKINYELE 1712. OLARINDE KAYODE OLADAYO 1713. OLARINOYE ADEOLA ASHRAF1714. OLARINOYE ADEOLA ASHRAF1715. OLARINOYE AYOTUNDE FAISOL1716. OLARINOYE AYOTUNDE FAISOL1717. OLATUNDE KUNLE ELIJAH 1718. OLAWUYI KAYODE 1719. OLAWUYI OMOWUNI NUSIRAT
1720. OLAYIWOLA TOYOSI 1721. OLEH UDUMA KALU 1722. OLICHINEDU MICHAEL 1723. OLISA CHIGOZIE SAMUEL 1724. OLISEMENUM PETER 1725. OLOFIN ADEBOLA ADEOLA 1726. OLOMODOSI ADEMILUWA OLUYOMI 1727. OLORUNDA FOLUSHO EMMNAUEL 1728. OLORUNDA SIM & V.T. 1729. OLORUNFEMI OLUWASEUN BAYO 1730. OLORUNFEMI TAIYE MOSES 1731. OLOWO TITILAYO M 1732. OLOWOOKERE FUNMILAYO 1733. OLOWOOKERE TOBA GABRIEL 1734. OLOYE WASIU ADEKUNLE 1735. OLOYEDE TOLULOPE TOLANI 1736. OLOYEDE ZACHEUS OLUMIDE 1737. OLOYOLA HAKEEM 1738. OLUBAMISE OLUFUNMILOLA BOLA 1739. OLUBORODE MERCY ADEGOLARIN 1740. OLUDAYO ADEDEJI 1741. OLUDELE MARGARET KEHINDE 1742. OLUEH GBESIMI KIKELOMO 1743. OLUFIDIPE OYETOLA KOLAWOLE 1744. OLUGBOSUN ARIYO AYO 1745. OLUKANMI OLUKAYODE OLUFEMI 1746. OLUKU UWABOFU DAVIS 1747. OLU-LAWAL OLUYIDE 1748. OLUMIDE DITIMI GRACE 1749. OLUMIDE OLAJIDE OLAWALE 1750. OLUMIDE OLALEKAN OLUTAYO 1751. OLUMIDE SEGUN AYO 1752. OLUOKUN KEHINDE JOHN 1753. OLUPITAN YETUNDE ORITSEBEMIGHO 1754. OLUROTIMI OLURANTI BUSOLA 1755. OLUSANJO O & ADEKUNLE I SAVINGS S 1756. OLUTAYO ADEFOLAKE OLUFUNMILOLA 1757. OLUTAYO OLAMIDE 1758. OLUWA AYISATU 1759. OLUWABUNMI ADEKUNLE AKINYEMI 1760. OLUWALE ADEGBOLA 1761. OLUWASEYI ADESINA ADESIYAN 1762. OLUWATOSIN COMFORT 1763. OLUWAYEMI OPEOLUWA OMOLARA 1764. OLUWOLE BUKOLA OMOWUMI1765. OLUWOLE BUKOLA OMOWUMI1766. OLUWOLE OLANIKE MOROLAKE1767. OLUWOLE OLANIKE MOROLAKE1768. OLUYEDI OLAYEMI MORADEYO1769. OLUYEDI OLAYEMI MORADEYO1770. OLUYEMI SAMUEL ADEBOWALE1771. OLUYEMI SAMUEL ADEBOWALE1772. OMAGU PETER OGBAJI1773. OMAJUWA VICTORY KAREKONDE 1774. OMENKA UCHA PETER 1775. OMENMA GLADYS ONYEKACHI 1776. OMEOHA LAWRENCE CHUKWUDI1777. OMEOHA LAWRENCE CHUKWUDI1778. OMF NOMINEES A/C "A" 1779. OMF NOMINEES ACCOUNT "C" 1780. OMIJIE EJELE JEFFREY 1781. OMISHAKIN FESTUS GBENGA 1782. OMIYALE DANIEL ADETUNJI1783. OMIYALE DANIEL ADETUNJI1784. OMODIA FRED .F. 1785. OMOILA EMMANUEL ONYEMAKEKI 1786. OMOKARO PETER IMAFIDON 1787. OMOKARO PETER IMAFIDON 1788. OMOKHUALE SALLY OVBHAFOSO 1789. OMOLAFE ADEDAYO ISAAC 1790. OMOLE ADEKUNLE EBENEZER 1791. OMOLEHINWA BAMIDELE 1792. OMOMUBI OLAOLUWA FESTUS 1793. OMONIYI AKINLABI SAMSON 1794. OMONIYI LUCAS OMONIYI1795. OMONIYI LUCAS OMONIYI1796. OMORODION ANTHONIA NGOZI 1797. OMOROGBE OSARUMWENSE DAMIAN 1798. OMOTESO SUNDAY ADETUNJI 1799. OMOTOYE AKINGBADE GABRIEL 1800. OMOTUNDE TEMITOPE 1801. ONABAJO AYOMIDE OLALEKAN1802. ONABAJO AYOMIDE OLALEKAN1803. ONABOLU OLUSEYE 1804. ONAFUYE NIKE VICTORIA 1805. ONAH OHABUENYI EDWIN
1806. ONAJI DAVID ONARI 1807. ONAKOYA OLAIDE ESTHER 1808. ONAKOYA OMOTAYO OLUSEGUN 1809. ONASILE TAIWO OLADIPUPO 1810. ONAYEMI OLUFUNMILAYO OLUWADAMILARE 1811. ONDOMA ISAAC JOHN 1812. ONI ADEKUNLE OLABODE 1813. ONI BINTU MOJIRADE 1814. ONI OLUWASEUN A 1815. ONIFADE ABDULFATAI AKANJI1816. ONIFADE ABDULFATAI AKANJI1817. ONIFADE OPEYEMI 1818. ONISHEAJE ABIDEMI OLAYINKA 1819. ONITOLO ELIZABETH 1820. ONOGHA GIFT ESE 1821. ONOJA JAMES ABUTU 1822. ONOJA RUTH 1823. ONOME IROROEVWO 1824. ONOMIWO JESSE OGHENEKARO 1825. ONOVAE MURPHY O 1826. ONU EMMANUEL 1827. ONU JANET CHIKA 1828. ONUEGBU AMARACHI DELIGHT 1829. ONUH IKECHUKWU CYRIL 1830. ONUH TAIWO OLUKEMI 1831. ONUJAGBE REBECCA OZAVIZE 1832. ONUKAGHA EMMAUEL 1833. ONUKWU NNEAMAKA MARYANNE 1834. ONUNKWOR IKENNE EBUKA 1835. ONUOHA GOSPEL EMEKA 1836. ONWE PAUL ODE 1837. ONWERE UZOMA V.N. 1838. ONWOCHEI JOHNNY EMEKA 1839. ONWOCHEI JUSTIN ASHINZE 1840. ONWUAMAEGBU ADA NGOZI 1841. ONWUCHEKWA VINCENT UCHE 1842. ONWUDIWE AMARA BLESSING CHIDI 1843. ONWUGAJE IKECHUKEU POLYCARP 1844. ONWUKA ETOMI RICHARD 1845. ONWUKAEME SUNDAY 1846. ONWUNZE CHINEDU CHRISTOPHER1847. ONWUNZE CHINEDU CHRISTOPHER1848. ONWUNZE NESTOR CHUKWUEMEKA1849. ONYEANUSI CHIGOZIE UMEZIJIAKU 1850. ONYEDINMA GODFREY CHIMEZIE 1851. ONYEFUSONU EMEKA 1852. ONYEGBULE UCHENNA NKECHI 1853. ONYEIHE NONYELUM SANDRA MARYJANE1854. ONYEIHE NONYELUM SANDRA MARYJANE1855. ONYEJEKWULUM SUNDAY CHUKWUDI 1856. ONYEJIAKU VITALIS OKECHUKWU 1857. ONYEKE SUNDAY 1858. ONYEKELU VICTOR ONYEBUCHI 1859. ONYELUSI JULIET NNEOMA 1860. ONYEMACHI UZODINMA 1861. ONYEMUSHANI EYIKE DANIEL 1862. ONYEWESI JOSEPHINE NKIRUKA 1863. ONYIRIOHA MICHAEL EBERE 1864. ONYIRIOHA MICHAEL EBERE 1865. ONYIUKE CHINEKWU SOPIRIYE1866. ONYIUKE CHINEKWU SOPIRIYE1867. OPADOKUN HENRY ADEGOKE 1868. OPALUWA ALI IBRAHIM 1869. OPARA CALEB CHIADIKAOBI 1870. OPARAOCHE BEAUTY ERINMA 1871. OPAYELE OYEWOLE AKANBI 1872. OPEBIYI ADIO SUNDAY 1873. OPENE BOSE MOTUNRAYO 1874. OPIUGHIE ODUFUA GRACE 1875. OPUSUNJU SAMUEL ADASA 1876. ORAH ELIZABETH NKIRUKA 1877. ORAKWUE EBERECHUKWU UZOMA 1878. OREAGBA ABDULRAHEEM OLUSEYI 1879. OREBANJO MODUPE ADEBOWALE 1880. OREKOYA KEHINDE OLAYIWOLA 1881. OREKOYA KEHINDE OLAYIWOLA 1882. ORESANYA ADERIBIGBE SIMON 1883. ORIAIFO LAURA OMOZUSI 1884. ORIM STELLA MARIS IZEGBUA 1885. ORIMOLOYE OLUYEMISI BAMIDELE 1886. ORISADIPE PETER R 1887. ORJI CHIKE 1888. ORJISON IFEANYI CHUKWU 1889. OROGUH OLAJIDE JOHN 1890. OROGUN EARNEST ORONPUA 1891. OROH HENRY
1892. OROLA OMOTAYO OLUSEGUN 1893. OROWHOU GLORIA 1894. ORSHI JOHN 1895. OSAKUNU OGHENERO MOSES 1896. OSAMOR CHUKWUEMELI HENRY 1897. OSCAR SEIN IBANIYE 1898. OSHIKOYA OLAWALE A. 1899. OSHILALU NUREM OLUGBENGA1900. OSHILALU NUREM OLUGBENGA1901. OSHIN OLUFOLAKE OLUFOLASADE 1902. OSHINAIKE AHMED ADEREMI1903. OSHINAIKE AHMED ADEREMI1904. OSHINGBADE FUNSHO AJOKE1905. OSHINGBADE FUNSHO AJOKE1906. OSHINLAGUN SAMSON ADE 1907. OSHINLOYE PETER OLADIMEJI 1908. OSHO MICHAEL OLUYORI 1909. OSIBISA MANNIX 1910. OSIGWE SIMON OLUCHUKWU 1911. OSINOIKI KAYODE ADEMOYEWA 1912. OSISAMI FLORENCE .E. 1913. OSIWU ANDREW EBERE 1914. OSIYEMI JOHN OLUWASEUN 1915. OSO ADETUNJI 1916. OSOKOYA ADEMOLA ADEBOWALE 1917. OSOMODE ABOSEDE AGBOOLA 1918. OSUEBI HARRISON 1919. OSUJI ROSALIA CHIKWERE 1920. OSUKWU TOBIAS NDUBUISIS HON 1921. OSUNGBOHUN ADEBAYO 1922. OSUNKOYA MOYOSOREOLUWA DAMILOLA 1923. OSUNTOKUN JEJENIJA OLUSOLA 1924. OTERI PAUL 1925. OTIS DAVID OTETE 1926. OTOBRISE OGBEVIRE JOSAIH 1927. OTUJI TOM OGAR 1928. OTUMAGBU VICTOR 1929. OTUNAYA OLUWATOSIN 1930. OTUNAYA OLUWATOSIN 1931. OVAT MAURICE DAVID 1932. OVWIGHO BEATY ODEWANURE 1933. OWIADOLOR BENJAMIN 1934. OWOLABI ABIMBOLA ANTONIA 1935. OWOLABI AFOLABI ADERINSOLA 1936. OWOLABI JOSPEH 1937. OWOLABI OYERONKE ASABI 1938. OWOLAFE EBENEZER OLUGBENGA 1939. OWONIKOKO ABIODUN JELILI 1940. OWOWA OLUWATOYIN RUTH 1941. OWOWA ROTIMI OLADUNJOYE 1942. OWOYALE JUBRIL 1943. OWOYALE JUBRIL ALHAJI 1944. OWOYALE RUKAYAT OLABISI 1945. OWOYELE SAMUEL FOLORUNSHO 1946. OWUAMA FAUSTINA 1947. OYAKHILOME SHARON 1948. OYANAGHAKIE ALELE TRACY 1949. OYEBAMOJI SAMUEL ABIDOYE 1950. OYEBANJI ADEBAYO 1951. OYEBANJI PHILIP 1952. OYEBANJI PHILIP 1953. OYEBANJO OLUGBENGA ADELAJA 1954. OYEBODE KUNLE TIMOTHY 1955. OYEDEJI BASIRAT BOLANLE1956. OYEDELE ADETOYESE ADESOYE 1957. OYEDIRAN DAVID YINKA 1958. OYEDIRAN SODIQ MOYOSORE1959. OYEDIRAN SODIQ MOYOSORE1960. OYEDIRAN YESIDE DEBORAH1961. OYEDIRAN YESIDE DEBORAH1962. OYEDUNTAN GANNY LAYIWOLA 1963. OYEKALE ISAAC ABIMDEMI 1964. OYEKANMI SURAJUDEEN ADESHOLA 1965. OYELAMI TEMIDAYO ADEMOLA 1966. OYELEKE KEHINDE AJIBOLA 1967. OYESANWO KEHINDE ADEDAPO 1968. OYETADE CHRISTIANAH AJIBOLA1969. OYETADE CHRISTIANAH AJIBOLA1970. OYEWOLE AKINOLA JAMES 1971. OYEWOLE OLALEKAN FELIX 1972. OYIN KOINYAN PAGA GODSKING 1973. OZIGBO CHUKWUEMEKA STANLEY 1974. OZOMA SUNDAY 1975. OZOR NNAMDI SERGIUS 1976. PALCOMMS LIMITED 1977. PANTUVO HAUWA IBRAHIM
1978. PATIENCE NWOBODO 1979. PATUNOLA-AJAYI BOLARINWA JOSHUA1980. PATUNOLA-AJAYI EMILY FOLUKE1981. PATUNOLA-AJAYI GBOLADE OLUWATOBI1982. PATUNOLA-AJAYI OLUGBENGA OLAYINKA1983. PATUNOLA-AJAYI OLUGBENGA OLAYINKA1984. PATUNOLA-AJAYI OLUWASEUN AYODEJI1985. PATUNOLA-AJAYI OLUWASEUN AYODEJI1986. PAUL TEMITOPE OLUFUNMILAYO 1987. PEACE ORJI 1988. PEARL ONYX LIMITED 1989. PELETIRI JOHN DEBEYIMI 1990. PETER ALOYSIUS CHRISTOPHER1991. PETER ALOYSIUS CHRISTOPHER1992. PETER IGBOKE 1993. PETER JOSHUA TOKAN 1994. PHILIPS SUNDAY ESSIEN 1995. PHILLIPS OLUFUNTO ARAMIDE 1996. PINAWOU SOLOMON EYEKOROGHA 1997. PITT OLUWAGBEMIGA 1998. PML SECURITIES COMPANY LIMITED 1999. POLMER VENTURES LTD 2000. POPOOLA FOLAKE OLABIMPE2001. POPOOLA RAFIU ADEOYE2002. POPOOLA RAFIU ADEOYE2003. PRECIOUS JOSEPH 2004. PREMIUM SEC. LTD.-TRADED-STOCK-A/C 2005. PROGRESSIVE LEAGUE OF FRIENDS 2006. PROPELLER VENTURES NIG. LTD 2007. PROSPERFUNDS LIMITED 2008. PYRAMID CLUB 2009. QUADRI NOSIRATU TOSIN 2010. QUADRI OLAPEJU NURATULAH 2011. QUANTUM SEC. LTD/DIAMOND BANK PLC 2012. RABIU ABDULLAHI MAIKANO 2013. RABIU NURUDEEN AKANGBE2014. RAHEEM TAOFEEK AKANBI 2015. RAHMAN ABIODUN A 2016. RAINBOW & OMEGA LTD 2017. RAJI ABDULMUMEN OKIN 2018. RAJI ISMAIL ISOLA ABIDEMI 2019. RAJI OLAIDE AKEEM2020. RAJI SHAKIRUDEEN ALABI 2021. RAREBILL NIG LIMITED 2022. RASAK AKANMU MUFTAU 2023. RASAQ OLALEKAN MUMUNI 2024. RAUFU ISAKA ADIGUN2025. RAUFU ISAKA ADIGUN2026. READINGS INVESTMENTS LIMITED 2027. RESORT ASSET MANAGEMENT A/C 2028. RESORT SECURITIES-DEPOSIT A/C 2029. ROBAM & CO 2030. ROBAM & CO 2031. ROPSON PRODUCTIONS LIMITED 2032. ROSE FADI AUDU SHARON 2033. ROTIBI IYIOLUWA 2034. ROWET CAPITAL MANAGEMENT LIMITED 2035. ROYAL ARCHITECTS 2036. RUBY LADIES 2037. RUFAI GANIYAT ADEOLA 2038. RUFAI OREOLUWA VICTORIA2039. RUFAI RITA OBIAGERI 2040. SAAD ABUBAKAR SADEEQ HANAFI 2041. SAAD AYUBA 2042. SABASTINE IME SAM 2043. SADIKU MUSILIU AKAANI OMOLAJA 2044. SADIQ IDOWU MUSA 2045. SADUDEEN IBRAHIM OLADIMEJI 2046. SA'ID MARYAM ALI 2047. SAKA BASHIRU OLAWALE 2048. SAKA DELE DENAPO 2049. SALAMI OLUBUNMI T.2050. SALAMI WAKEEL ADEDIRE 2051. SALAUDEEN MOSHOOD O 2052. SALISU HAUWA 2053. SALLAU NUHU AHMED 2054. SAMA EHIMEYOMAH ALICE 2055. SAMBO ALIYU ZARIA 2056. SAMBO MUSLIM ABUBAKAR 2057. SAMUEL ALBERT 2058. SAMUEL ODUNAYO JOSEPH 2059. SANDA MODUPE 2060. SANI MUHAMMAD SUNUSI 2061. SANNI KIKELOMO RAFIAT 2062. SANNI MUNIRAT MODUPE 2063. SANTRUST SEC NOMINEE A/C BAG
LIST OF UNCLAIMED DIVIDENDSLIST OF UNCLAIMED DIVIDENDS
AnnualReport &Accounts2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
59
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
58
1548. OJEMOLA ABIOLA OLUTOSIN 1549. OJIKUTU ABDULRASHEED TEMIDAYO 1550. OJIMADU NDUBUISI 1551. OJO ABIODUN LUIS 1552. OJO EHIMEN EDWARD 1553. OJO OLALEKAN SAMUEL 1554. OJO PHILIPS OLUYEMI 1555. OJO RASHEED OLAWANLE1556. OJO RONKE ESTHER 1557. OJO ROSELINE ADENIKE 1558. OJOFEITIMI EUNICE OLADUNNI1559. OJOFEITIMI EUNICE OLADUNNI1560. OJOMO CYNTHIA JENROLA1561. OJOMO SANDRA ADERINOLA1562. OJOMU TOYIN RONKE 1563. OJUMOLA OPEYEMI AFOLABI 1564. OJUTIKU OLA LATEEF 1565. OJUTIKU OLA LATEEF 1566. OKAA CHUKWUEMEKA JOACHIM 1567. OKAFOR CHARLES IKECHUKWU 1568. OKAFOR HELEN OGE 1569. OKAFOR IKEMEFUNA CHIBUZO1570. OKAFOR NCHEDO JANE 1571. OKAFOR ONYEBUCHI MAC-HAROLD 1572. OKAH OLUYEMI FELICIA 1573. OKANLAWON ARINADE FUNMILOLA 1574. OKAO EHIGIATOR 1575. OKARO PATRICIA UCHENNA 1576. OKATE MARK AZEMO-OBOH 1577. OKE JANET OMOLEWA 1578. OKE OWO OLAYIWOLA CALEB 1579. OKECHUKWU KINGSLEY EMEKA 1580. OKEKE CHARITY IFEYINWA 1581. OKEKE DONATUS CHUKWUEMEKA 1582. OKEKE UCHENNA 1583. OKEKE UCHENNA EMMANUEL 1584. OKELEKE CHINEDU PAUL 1585. OKENIYI OLUWOLE JOSHUA 1586. OKENLA FOLORUNSO 1587. OKERE BIDWELL NKEMAKOLAM 1588. OKERE HELEN OGORCHUKWU 1589. OKERE JULIET ADAMMA 1590. OKEREKE ALEX OKEY 1591. OKESIJI ADEDAYO MARY1592. OKEYODE ESTHER AJULO 1593. OKHUELEIGBE BLESSING OMOFEMA 1594. OKI BLESSING 1595. OKI UFUOMA 1596. OKOEGUALE OSEYOMON FREDDIE 1597. OKOGBO CHRISTY OBI 1598. OKOH DANIEL ITEBITE 1599. OKOH NGOZI BLESSING 1600. OKOH-EIGBEFOH PATIENCE. I. 1601. OKOISE AMI ABIGAIL 1602. OKOJI SAMUEL ENA 1603. OKOJIE FRANKLIN 1604. OKOJIE ILOBEKEMEN JOHN 1605. OKOLI ANTHONY 1606. OKOLIE ONYINYECHUKWU RITA 1607. OKOLO ANTHONIA CHIOMA 1608. OKOLO JAMES CHIGOZIE1609. OKOLO PAMELA IFUNANYA 1610. OKON FRANCIS ETIM 1611. OKONKWO JULIET EBELE 1612. OKONKWO OBIORA CHARLES 1613. OKONKWO PERPETUAL CHICHI 1614. OKONKWO-ANI PRINCE JOSHUA 1615. OKORIE CHARLES ANYANALECHI 1616. OKORIE CHINYERE GIFT 1617. OKORIE CHRISTIAN 1618. OKORIE NGOZI EZINNE 1619. OKORIE OGBONNA MIKE 1620. OKORIE STEPHEN 1621. OKORIE UCHEDOZIE 1622. OKORO FABIAN AJAH 1623. OKORO MACAULEY AWOROKE 1624. OKORO OBASI 1625. OKORO ONWUKWE NGWU 1626. OKOROCHA GLADYS UCHEOMA 1627. OKORONKWO CHRISTIAN CHIKA 1628. OKOSUN ILO. A 1629. OKOTIE GOODLUCK E. 1630. OKOYA IDRIS AJIBOLA 1631. OKOYA-THOMAS HENRY AYODEJI 1632. OKOYE ANTHONIA C. 1633. OKOYE EGODI
1634. OKOYE FRANCIS CHINEDU 1635. OKOYE NGOZI ANNE 1636. OKOYE OBIANUJU OBIAGELI 1637. OKPANACHI ABDULKADIR ATAGUBA 1638. OKPARA LILIAN NNEKA 1639. OKPARA NGOZI BLESSING 1640. OKPARA SABINUS 1641. OKPO ETIM SAM KAISO 1642. OKPOKU ALOYSIOUS C 1643. OKPORUA ANTHONY OKPORUA 1644. OKPOTO FRANCIS E. 1645. OKUBADEJO ABDULSSALAM BABATUNDE 1646. OKUBADEJO KHADIJAH OLUWABUNMI 1647. OKUBULE ADESEGUN ADEWALE 1648. OKUNADE ABAYOMI JOHN1649. OKUNADE ABAYOMI JOHN1650. OKUNADE GRACE OMOLADUN1651. OKUNADE GRACE OMOLADUN1652. OKUNBOR JOSEPH A. 1653. OKUNLOLA TAJUDEEN OLODUDE1654. OKUNLOLA TAJUDEEN OLODUDE1655. OKUNOLA ABIDEMI MOSES 1656. OKUNOLA HALIMA ADESOLA 1657. OKUNROTIFA AGNES EYIWUMI 1658. OKURUME CHINONSO 1659. OKUWE BERNARD 1660. OKWAKPAM CHARLES .O 1661. OKWUONYEKWU EMMANUEL NGOZI 1662. OKWUOSA CHINWE M 1663. OKWUZIGWU CYPRIAN CHUKS 1664. OLA AYOMIDE 1665. OLA EBENEZER 1666. OLA ESTHER OLABISI 1667. OLABIYI BISOLA OLUWA 1668. OLABODE OLAKUNLE MICHAEL 1669. OLABOOYE ABIODUN BASIRAT 1670. OLADAPO NURUDEEN AFOLABI 1671. OLADEJI FLORENCE 1672. OLADEJI YETUNDE DOLAPO 1673. OLADEJO BUKOLA EBENEZER 1674. OLADELE DAMILOLA MOSES 1675. OLADIMEJI ADEKUNLE BENSON 1676. OLADIMEJI ARINOLA KEHINDE 1677. OLADIMEJI DEBO KUNLE 1678. OLADIMEJI JUMOKE FOLUKE 1679. OLADIPUPO ISREAL TUNDE 1680. OLADIRAN ABIODUN ISAAC 1681. OLADITI ELIZABETH 1682. OLADUJOYE MORUFU ALABI 1683. OLAFIMIHAN TOLULOPE 1684. OLAGUNJU FUNMI 1685. OLAGUNJU FUNMI 1686. OLAIDE OLUSHOLA MORENIKE1687. OLAIDE OLUSHOLA MORENIKE1688. OLA-JAMES OMOLADE OLAYIWOLA 1689. OLAJIDE OLAYEMI 1690. OLAJIDE OLUJIMI JOSEPH 1691. OLAJIDE OLUSHOLA BRIGHT 1692. OLAJIGA MOJIROLA OLUFUNMILAYO 1693. OLALEKE MAKINDE OLUWASEUN 1694. OLALEYE OYINDAMOLA TOSIN 1695. OLALOWO BOLANLE OLUYEMI 1696. OLAMIKUN GLOBAL RESOURCES LTD 1697. OLANIPEKUN FEBRSOLA 1698. OLANIPEKUN FEBRSOLA 1699. OLANIYAN AYODELE LAWAL 1700. OLANIYAN BAMIDELE MODUPE 1701. OLANIYAN ISSA ADEBAYO 1702. OLANIYI ABIODUN KOLAWOLE 1703. OLANREWAJU OLABODE OLAWALE 1704. OLANREWAJU TAOFEEK KOLAPO 1705. OLAOLUWAKITAN OLAWUNMI BOSEDE 1706. OLAONIPEKUN KUNLE 1707. OLAOSEBIKAN OYEWOLE 1708. OLAOSEBIKAN TUNDE 1709. OLAOYE OLUFEMI OLUBISI 1710. OLAOYE REMILEKUN 1711. OLAPADE OLATUNJI AKINYELE 1712. OLARINDE KAYODE OLADAYO 1713. OLARINOYE ADEOLA ASHRAF1714. OLARINOYE ADEOLA ASHRAF1715. OLARINOYE AYOTUNDE FAISOL1716. OLARINOYE AYOTUNDE FAISOL1717. OLATUNDE KUNLE ELIJAH 1718. OLAWUYI KAYODE 1719. OLAWUYI OMOWUNI NUSIRAT
1720. OLAYIWOLA TOYOSI 1721. OLEH UDUMA KALU 1722. OLICHINEDU MICHAEL 1723. OLISA CHIGOZIE SAMUEL 1724. OLISEMENUM PETER 1725. OLOFIN ADEBOLA ADEOLA 1726. OLOMODOSI ADEMILUWA OLUYOMI 1727. OLORUNDA FOLUSHO EMMNAUEL 1728. OLORUNDA SIM & V.T. 1729. OLORUNFEMI OLUWASEUN BAYO 1730. OLORUNFEMI TAIYE MOSES 1731. OLOWO TITILAYO M 1732. OLOWOOKERE FUNMILAYO 1733. OLOWOOKERE TOBA GABRIEL 1734. OLOYE WASIU ADEKUNLE 1735. OLOYEDE TOLULOPE TOLANI 1736. OLOYEDE ZACHEUS OLUMIDE 1737. OLOYOLA HAKEEM 1738. OLUBAMISE OLUFUNMILOLA BOLA 1739. OLUBORODE MERCY ADEGOLARIN 1740. OLUDAYO ADEDEJI 1741. OLUDELE MARGARET KEHINDE 1742. OLUEH GBESIMI KIKELOMO 1743. OLUFIDIPE OYETOLA KOLAWOLE 1744. OLUGBOSUN ARIYO AYO 1745. OLUKANMI OLUKAYODE OLUFEMI 1746. OLUKU UWABOFU DAVIS 1747. OLU-LAWAL OLUYIDE 1748. OLUMIDE DITIMI GRACE 1749. OLUMIDE OLAJIDE OLAWALE 1750. OLUMIDE OLALEKAN OLUTAYO 1751. OLUMIDE SEGUN AYO 1752. OLUOKUN KEHINDE JOHN 1753. OLUPITAN YETUNDE ORITSEBEMIGHO 1754. OLUROTIMI OLURANTI BUSOLA 1755. OLUSANJO O & ADEKUNLE I SAVINGS S 1756. OLUTAYO ADEFOLAKE OLUFUNMILOLA 1757. OLUTAYO OLAMIDE 1758. OLUWA AYISATU 1759. OLUWABUNMI ADEKUNLE AKINYEMI 1760. OLUWALE ADEGBOLA 1761. OLUWASEYI ADESINA ADESIYAN 1762. OLUWATOSIN COMFORT 1763. OLUWAYEMI OPEOLUWA OMOLARA 1764. OLUWOLE BUKOLA OMOWUMI1765. OLUWOLE BUKOLA OMOWUMI1766. OLUWOLE OLANIKE MOROLAKE1767. OLUWOLE OLANIKE MOROLAKE1768. OLUYEDI OLAYEMI MORADEYO1769. OLUYEDI OLAYEMI MORADEYO1770. OLUYEMI SAMUEL ADEBOWALE1771. OLUYEMI SAMUEL ADEBOWALE1772. OMAGU PETER OGBAJI1773. OMAJUWA VICTORY KAREKONDE 1774. OMENKA UCHA PETER 1775. OMENMA GLADYS ONYEKACHI 1776. OMEOHA LAWRENCE CHUKWUDI1777. OMEOHA LAWRENCE CHUKWUDI1778. OMF NOMINEES A/C "A" 1779. OMF NOMINEES ACCOUNT "C" 1780. OMIJIE EJELE JEFFREY 1781. OMISHAKIN FESTUS GBENGA 1782. OMIYALE DANIEL ADETUNJI1783. OMIYALE DANIEL ADETUNJI1784. OMODIA FRED .F. 1785. OMOILA EMMANUEL ONYEMAKEKI 1786. OMOKARO PETER IMAFIDON 1787. OMOKARO PETER IMAFIDON 1788. OMOKHUALE SALLY OVBHAFOSO 1789. OMOLAFE ADEDAYO ISAAC 1790. OMOLE ADEKUNLE EBENEZER 1791. OMOLEHINWA BAMIDELE 1792. OMOMUBI OLAOLUWA FESTUS 1793. OMONIYI AKINLABI SAMSON 1794. OMONIYI LUCAS OMONIYI1795. OMONIYI LUCAS OMONIYI1796. OMORODION ANTHONIA NGOZI 1797. OMOROGBE OSARUMWENSE DAMIAN 1798. OMOTESO SUNDAY ADETUNJI 1799. OMOTOYE AKINGBADE GABRIEL 1800. OMOTUNDE TEMITOPE 1801. ONABAJO AYOMIDE OLALEKAN1802. ONABAJO AYOMIDE OLALEKAN1803. ONABOLU OLUSEYE 1804. ONAFUYE NIKE VICTORIA 1805. ONAH OHABUENYI EDWIN
1806. ONAJI DAVID ONARI 1807. ONAKOYA OLAIDE ESTHER 1808. ONAKOYA OMOTAYO OLUSEGUN 1809. ONASILE TAIWO OLADIPUPO 1810. ONAYEMI OLUFUNMILAYO OLUWADAMILARE 1811. ONDOMA ISAAC JOHN 1812. ONI ADEKUNLE OLABODE 1813. ONI BINTU MOJIRADE 1814. ONI OLUWASEUN A 1815. ONIFADE ABDULFATAI AKANJI1816. ONIFADE ABDULFATAI AKANJI1817. ONIFADE OPEYEMI 1818. ONISHEAJE ABIDEMI OLAYINKA 1819. ONITOLO ELIZABETH 1820. ONOGHA GIFT ESE 1821. ONOJA JAMES ABUTU 1822. ONOJA RUTH 1823. ONOME IROROEVWO 1824. ONOMIWO JESSE OGHENEKARO 1825. ONOVAE MURPHY O 1826. ONU EMMANUEL 1827. ONU JANET CHIKA 1828. ONUEGBU AMARACHI DELIGHT 1829. ONUH IKECHUKWU CYRIL 1830. ONUH TAIWO OLUKEMI 1831. ONUJAGBE REBECCA OZAVIZE 1832. ONUKAGHA EMMAUEL 1833. ONUKWU NNEAMAKA MARYANNE 1834. ONUNKWOR IKENNE EBUKA 1835. ONUOHA GOSPEL EMEKA 1836. ONWE PAUL ODE 1837. ONWERE UZOMA V.N. 1838. ONWOCHEI JOHNNY EMEKA 1839. ONWOCHEI JUSTIN ASHINZE 1840. ONWUAMAEGBU ADA NGOZI 1841. ONWUCHEKWA VINCENT UCHE 1842. ONWUDIWE AMARA BLESSING CHIDI 1843. ONWUGAJE IKECHUKEU POLYCARP 1844. ONWUKA ETOMI RICHARD 1845. ONWUKAEME SUNDAY 1846. ONWUNZE CHINEDU CHRISTOPHER1847. ONWUNZE CHINEDU CHRISTOPHER1848. ONWUNZE NESTOR CHUKWUEMEKA1849. ONYEANUSI CHIGOZIE UMEZIJIAKU 1850. ONYEDINMA GODFREY CHIMEZIE 1851. ONYEFUSONU EMEKA 1852. ONYEGBULE UCHENNA NKECHI 1853. ONYEIHE NONYELUM SANDRA MARYJANE1854. ONYEIHE NONYELUM SANDRA MARYJANE1855. ONYEJEKWULUM SUNDAY CHUKWUDI 1856. ONYEJIAKU VITALIS OKECHUKWU 1857. ONYEKE SUNDAY 1858. ONYEKELU VICTOR ONYEBUCHI 1859. ONYELUSI JULIET NNEOMA 1860. ONYEMACHI UZODINMA 1861. ONYEMUSHANI EYIKE DANIEL 1862. ONYEWESI JOSEPHINE NKIRUKA 1863. ONYIRIOHA MICHAEL EBERE 1864. ONYIRIOHA MICHAEL EBERE 1865. ONYIUKE CHINEKWU SOPIRIYE1866. ONYIUKE CHINEKWU SOPIRIYE1867. OPADOKUN HENRY ADEGOKE 1868. OPALUWA ALI IBRAHIM 1869. OPARA CALEB CHIADIKAOBI 1870. OPARAOCHE BEAUTY ERINMA 1871. OPAYELE OYEWOLE AKANBI 1872. OPEBIYI ADIO SUNDAY 1873. OPENE BOSE MOTUNRAYO 1874. OPIUGHIE ODUFUA GRACE 1875. OPUSUNJU SAMUEL ADASA 1876. ORAH ELIZABETH NKIRUKA 1877. ORAKWUE EBERECHUKWU UZOMA 1878. OREAGBA ABDULRAHEEM OLUSEYI 1879. OREBANJO MODUPE ADEBOWALE 1880. OREKOYA KEHINDE OLAYIWOLA 1881. OREKOYA KEHINDE OLAYIWOLA 1882. ORESANYA ADERIBIGBE SIMON 1883. ORIAIFO LAURA OMOZUSI 1884. ORIM STELLA MARIS IZEGBUA 1885. ORIMOLOYE OLUYEMISI BAMIDELE 1886. ORISADIPE PETER R 1887. ORJI CHIKE 1888. ORJISON IFEANYI CHUKWU 1889. OROGUH OLAJIDE JOHN 1890. OROGUN EARNEST ORONPUA 1891. OROH HENRY
1892. OROLA OMOTAYO OLUSEGUN 1893. OROWHOU GLORIA 1894. ORSHI JOHN 1895. OSAKUNU OGHENERO MOSES 1896. OSAMOR CHUKWUEMELI HENRY 1897. OSCAR SEIN IBANIYE 1898. OSHIKOYA OLAWALE A. 1899. OSHILALU NUREM OLUGBENGA1900. OSHILALU NUREM OLUGBENGA1901. OSHIN OLUFOLAKE OLUFOLASADE 1902. OSHINAIKE AHMED ADEREMI1903. OSHINAIKE AHMED ADEREMI1904. OSHINGBADE FUNSHO AJOKE1905. OSHINGBADE FUNSHO AJOKE1906. OSHINLAGUN SAMSON ADE 1907. OSHINLOYE PETER OLADIMEJI 1908. OSHO MICHAEL OLUYORI 1909. OSIBISA MANNIX 1910. OSIGWE SIMON OLUCHUKWU 1911. OSINOIKI KAYODE ADEMOYEWA 1912. OSISAMI FLORENCE .E. 1913. OSIWU ANDREW EBERE 1914. OSIYEMI JOHN OLUWASEUN 1915. OSO ADETUNJI 1916. OSOKOYA ADEMOLA ADEBOWALE 1917. OSOMODE ABOSEDE AGBOOLA 1918. OSUEBI HARRISON 1919. OSUJI ROSALIA CHIKWERE 1920. OSUKWU TOBIAS NDUBUISIS HON 1921. OSUNGBOHUN ADEBAYO 1922. OSUNKOYA MOYOSOREOLUWA DAMILOLA 1923. OSUNTOKUN JEJENIJA OLUSOLA 1924. OTERI PAUL 1925. OTIS DAVID OTETE 1926. OTOBRISE OGBEVIRE JOSAIH 1927. OTUJI TOM OGAR 1928. OTUMAGBU VICTOR 1929. OTUNAYA OLUWATOSIN 1930. OTUNAYA OLUWATOSIN 1931. OVAT MAURICE DAVID 1932. OVWIGHO BEATY ODEWANURE 1933. OWIADOLOR BENJAMIN 1934. OWOLABI ABIMBOLA ANTONIA 1935. OWOLABI AFOLABI ADERINSOLA 1936. OWOLABI JOSPEH 1937. OWOLABI OYERONKE ASABI 1938. OWOLAFE EBENEZER OLUGBENGA 1939. OWONIKOKO ABIODUN JELILI 1940. OWOWA OLUWATOYIN RUTH 1941. OWOWA ROTIMI OLADUNJOYE 1942. OWOYALE JUBRIL 1943. OWOYALE JUBRIL ALHAJI 1944. OWOYALE RUKAYAT OLABISI 1945. OWOYELE SAMUEL FOLORUNSHO 1946. OWUAMA FAUSTINA 1947. OYAKHILOME SHARON 1948. OYANAGHAKIE ALELE TRACY 1949. OYEBAMOJI SAMUEL ABIDOYE 1950. OYEBANJI ADEBAYO 1951. OYEBANJI PHILIP 1952. OYEBANJI PHILIP 1953. OYEBANJO OLUGBENGA ADELAJA 1954. OYEBODE KUNLE TIMOTHY 1955. OYEDEJI BASIRAT BOLANLE1956. OYEDELE ADETOYESE ADESOYE 1957. OYEDIRAN DAVID YINKA 1958. OYEDIRAN SODIQ MOYOSORE1959. OYEDIRAN SODIQ MOYOSORE1960. OYEDIRAN YESIDE DEBORAH1961. OYEDIRAN YESIDE DEBORAH1962. OYEDUNTAN GANNY LAYIWOLA 1963. OYEKALE ISAAC ABIMDEMI 1964. OYEKANMI SURAJUDEEN ADESHOLA 1965. OYELAMI TEMIDAYO ADEMOLA 1966. OYELEKE KEHINDE AJIBOLA 1967. OYESANWO KEHINDE ADEDAPO 1968. OYETADE CHRISTIANAH AJIBOLA1969. OYETADE CHRISTIANAH AJIBOLA1970. OYEWOLE AKINOLA JAMES 1971. OYEWOLE OLALEKAN FELIX 1972. OYIN KOINYAN PAGA GODSKING 1973. OZIGBO CHUKWUEMEKA STANLEY 1974. OZOMA SUNDAY 1975. OZOR NNAMDI SERGIUS 1976. PALCOMMS LIMITED 1977. PANTUVO HAUWA IBRAHIM
1978. PATIENCE NWOBODO 1979. PATUNOLA-AJAYI BOLARINWA JOSHUA1980. PATUNOLA-AJAYI EMILY FOLUKE1981. PATUNOLA-AJAYI GBOLADE OLUWATOBI1982. PATUNOLA-AJAYI OLUGBENGA OLAYINKA1983. PATUNOLA-AJAYI OLUGBENGA OLAYINKA1984. PATUNOLA-AJAYI OLUWASEUN AYODEJI1985. PATUNOLA-AJAYI OLUWASEUN AYODEJI1986. PAUL TEMITOPE OLUFUNMILAYO 1987. PEACE ORJI 1988. PEARL ONYX LIMITED 1989. PELETIRI JOHN DEBEYIMI 1990. PETER ALOYSIUS CHRISTOPHER1991. PETER ALOYSIUS CHRISTOPHER1992. PETER IGBOKE 1993. PETER JOSHUA TOKAN 1994. PHILIPS SUNDAY ESSIEN 1995. PHILLIPS OLUFUNTO ARAMIDE 1996. PINAWOU SOLOMON EYEKOROGHA 1997. PITT OLUWAGBEMIGA 1998. PML SECURITIES COMPANY LIMITED 1999. POLMER VENTURES LTD 2000. POPOOLA FOLAKE OLABIMPE2001. POPOOLA RAFIU ADEOYE2002. POPOOLA RAFIU ADEOYE2003. PRECIOUS JOSEPH 2004. PREMIUM SEC. LTD.-TRADED-STOCK-A/C 2005. PROGRESSIVE LEAGUE OF FRIENDS 2006. PROPELLER VENTURES NIG. LTD 2007. PROSPERFUNDS LIMITED 2008. PYRAMID CLUB 2009. QUADRI NOSIRATU TOSIN 2010. QUADRI OLAPEJU NURATULAH 2011. QUANTUM SEC. LTD/DIAMOND BANK PLC 2012. RABIU ABDULLAHI MAIKANO 2013. RABIU NURUDEEN AKANGBE2014. RAHEEM TAOFEEK AKANBI 2015. RAHMAN ABIODUN A 2016. RAINBOW & OMEGA LTD 2017. RAJI ABDULMUMEN OKIN 2018. RAJI ISMAIL ISOLA ABIDEMI 2019. RAJI OLAIDE AKEEM2020. RAJI SHAKIRUDEEN ALABI 2021. RAREBILL NIG LIMITED 2022. RASAK AKANMU MUFTAU 2023. RASAQ OLALEKAN MUMUNI 2024. RAUFU ISAKA ADIGUN2025. RAUFU ISAKA ADIGUN2026. READINGS INVESTMENTS LIMITED 2027. RESORT ASSET MANAGEMENT A/C 2028. RESORT SECURITIES-DEPOSIT A/C 2029. ROBAM & CO 2030. ROBAM & CO 2031. ROPSON PRODUCTIONS LIMITED 2032. ROSE FADI AUDU SHARON 2033. ROTIBI IYIOLUWA 2034. ROWET CAPITAL MANAGEMENT LIMITED 2035. ROYAL ARCHITECTS 2036. RUBY LADIES 2037. RUFAI GANIYAT ADEOLA 2038. RUFAI OREOLUWA VICTORIA2039. RUFAI RITA OBIAGERI 2040. SAAD ABUBAKAR SADEEQ HANAFI 2041. SAAD AYUBA 2042. SABASTINE IME SAM 2043. SADIKU MUSILIU AKAANI OMOLAJA 2044. SADIQ IDOWU MUSA 2045. SADUDEEN IBRAHIM OLADIMEJI 2046. SA'ID MARYAM ALI 2047. SAKA BASHIRU OLAWALE 2048. SAKA DELE DENAPO 2049. SALAMI OLUBUNMI T.2050. SALAMI WAKEEL ADEDIRE 2051. SALAUDEEN MOSHOOD O 2052. SALISU HAUWA 2053. SALLAU NUHU AHMED 2054. SAMA EHIMEYOMAH ALICE 2055. SAMBO ALIYU ZARIA 2056. SAMBO MUSLIM ABUBAKAR 2057. SAMUEL ALBERT 2058. SAMUEL ODUNAYO JOSEPH 2059. SANDA MODUPE 2060. SANI MUHAMMAD SUNUSI 2061. SANNI KIKELOMO RAFIAT 2062. SANNI MUNIRAT MODUPE 2063. SANTRUST SEC NOMINEE A/C BAG
LIST OF UNCLAIMED DIVIDENDSLIST OF UNCLAIMED DIVIDENDS
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
60
LIST OF UNCLAIMED DIVIDENDS
2064. SANUSI ADEBIMPE MODINAT2065. SANUSI ADEBIMPE MODINAT2066. SANWO OLUWATOYIN EMMANUEL 2067. SANYA EUNICE YEMISI 2068. SARAFA ABAYOMI RAHEEM2069. SARAFA ABAYOMI RAHEEM2070. SDS SW / NIKSEG FOODS LTD 2071. SDS SW / OBAYIUWANA GLADYS 2072. SDS SW / OGUNNIKA FOLAKE 2073. SDS SW/ OLASOKO SUNDAY OLASOKO 2074. SENKALE TOPE 2075. SENKOYA ADEBUNMI ALICE2076. SENKOYA ADEBUNMI ALICE2077. SERIKI AFUSAT OMONIKE 2078. SHAOLA YINKA 2079. SHELL COOP/ OMONIGHO EGUONO 2080. SHELL-COOP LUCKY OSUNBOR 2081. SHENENI VICTOR & ALICE 2082. SHOBOWALE OLATUNDE SAMSON2083. SHOBOWALE OLATUNDE SAMSON2084. SHOEWU ADEBIMPE 2085. SHOEWU OLUWARANTI 2086. SHOFOLAHAN LASIS ATANDA 2087. SHOFOLU ADEBAYO O. 2088. SHOGBIYEJU ADEBAYO ADEKUNLE 2089. SHOPEJU TINUOLA AYODEJI 2090. SHOTAYO BANJI AKINOLA 2091. SIGNET INVESTMENT-DEPOSIT A/C 2092. SIMON LIFE NYONG 2093. SIRAJO HAMIDU MADA 2094. SOAGA AJIBOLA FATAI2095. SOAGA EDEWEDE OLUWATOYIN2096. SOAGA EDEWEDE OLUWATOYIN2097. SOAGA MIDINA 2098. SOAGA MIDINA 2099. SOAGA MOBOLAJI AHMED2100. SOAGA SAMSIDEEN OLALEYE2101. SOAGA SAMSIDEEN OLALEYE2102. SOAGA SURAJUDEEN OLADIPUPO2103. SOBAYO REMILEKUN 2104. SOBODU AYOTUNDE MICHAEL 2105. SODIMU OYENIYI OLUWASEUN 2106. SODIPE SAMUEL WALE 2107. SOGBEINDE BUNMI 2108. SOGBESAN ADEBITI AKANBI 2109. SOGBESAN ADEOLA TAWA2110. SOGBESAN ADEOLA TAWA2111. SOGBESAN OLUDAISI ROTIMI2112. SOGBESAN OYINLOLA OLUSOLA2113. SOGBESAN OYINLOLA OLUSOLA2114. SOILE YEJIDE 2115. SOLA-OJO OMOLARA ALICE 2116. SOLAWON SEMION OLANIJI2117. SOLOMON MELEMU VICTORIA 2118. SOLOMON TITILOPE TEMILOLUWA 2119. SOMAN INVESTMENTS NIG LTD 2120. SONOWO MUINAT OLAIDE 2121. SOSANYA DAMILOLA 2122. SOSANYA TEMITAYO JOSIAH 2123. SOTAMABOU SAMUEL ANATOL FEMI 2124. SOTINWA OLADIMEJI OLUKAYODE 2125. SOUGH DZER FELIX 2126. SOWUNMI OLUFEMI PETER 2127. SSCM-OTASOWIE ISAAC FESTUS 2128. STOREHOUSE RESOURCES LTD 2129. SULAIMAN FATAI ABIODUN 2130. SULAIMAN FATAI OLANREWAJU 2131. SULAIMON AKEEM 2132. SULEIMAN ABDULRAHMAN 2133. SUNDAY INIOBONG BARTHOLOMEW 2134. SUNDAY UZODINMA 2135. TAIWO FUNMILOLA 2136. TAIWO TEMITOPE OLUWAKEMI2137. TAIWO TEMITOPE OLUWAKEMI2138. TALABI ADEWALE O 2139. TAMUNONIME ZECHARIAH ODIKIBIEBUMA 2140. TAMUNOSIKI A. G. OKARI 2141. TAUNA KONI AGNES 2142. TBA NIG LTD 2143. TEBIRA EMMANUEL 2144. TEJUOSO OLUFOLAKE DORCAS2145. TEJUOSO OLUFOLAKE DORCAS2146. TELUWO OLUFEMI SUNDAY 2147. TESLIM LATEEF OLADIMEJI2148. TESLIM LATEEF OLADIMEJI2149. THE THERESA ANAOMA OKAFOR
FOUNDATION 2150. THOMPSON ISRAEL & VICTORIA 2151. TIAMIYU BISOLA MODINAT 2152. TIFASE OLANIKE EUNICE2153. TIMOTHY BAYO VIC 2154. TITILAYO RIFKAT BOLANLE 2155. TITUS AYODEJI JOHNSON 2156. TOBI PATRICK BABATUNDE 2157. TOBUN BABATUNDE GBOLAHAN 2158. TOKUNBO GODWIN 2159. TOMOMEINO TIMOTHY TOMOLA 2160. TOUN-FAGBENLE ENGORE 2161. TRADE LINK FIN.-DEPOSIT A/C 2162. TUMINI ERNESTINA GREEN 2163. UBAKA-OJOGWU CHIKE 2164. UBAMADU CHRISTOPHER C. 2165. UCHE IFEOMA JENNIFER 2166. UCHENNA AHANONU 2167. UDECHUKWU DANIEL CHUKWUETA 2168. UDEGBE LUCKY 2169. UDEH LORETTA OBIAGELI 2170. UDELE ESE EJASE-TOBRISE NELLY 2171. UDEZEH CHIDINMA JUSTINA 2172. UDOH BASSEY SILAS 2173. UDOH GEORGE JOHN 2174. UDUAK UDUAK MICHEAL 2175. UDUJI HENRY CHIDI 2176. UDUMA DAVID IBE 2177. UDUME CELESTINE CHUKWUMA 2178. UFOT JAMES IME 2179. UFUOMA-ORODORO GODWIN 2180. UGBOGBO SARAH UYI 2181. UGBOH HARRIET 2182. UGBO-WILSON CHARITY EYAJIFE 2183. UGEGE NELSON 2184. UGIAGBE ESEOSA 2185. UGOCHUKWU P. OJIEGBU 2186. UGOJI UGOCHUKWU PATRICK 2187. UGWO KENNETH CHIDI 2188. UGWU LIVINUS ASOGWA 2189. UGWUJA EMMANUEL OBOCHI EMEKA 2190. UGWUMMADU RUTH 2191. UGWUOKE SABASTINE IBEKWE 2192. UHUO OKECHUKWU ARINZE 2193. UKAZU AGNES 2194. UKET BASSEY OKPA 2195. UKO INEMESIT 2196. UKOH ROY BASSEY 2197. UKOREBI ESIEN BASSEY 2198. UKPEBOR .E. JOESON 2199. UMANAH EDET BASSEY 2200. UMARU ATTO 2201. UMARU JOHN SALE 2202. UMARU PURDUE 2203. UMEH KELVIN KALU 2204. UMEJI CHIMECHEFUNAM GRACE 2205. UMELO IFEANYI FELIX 2206. UMEOZULU JACINTA KANAYO 2207. UMOH CHRISTOPHER BRAIN 2208. UMOH EDET ESSIEN 2209. UMORU JOSEPH OGU 2210. UMUKORO KIEMUTE ALEX 2211. UMUKORO VICTORIA OKEOGHENE2212. UMUKORO VICTORIA OKEOGHENE2213. UNIAN VENTURES 2214. UNIAN VENTURES 2215. UNITY COOPERATIVE SOCIETY OJO LAGOS 2216. UNOGU TOCHUKWU TOBIS 2217. UNWANA AMOS DICKSON 2218. UNYA NDUKWE 2219. USMAN JARIRI BISHIR 2220. USMAN ZAINAB 2221. UTUONGO ISONG EKPENYONG 2222. UWAKWE ALBERT ONYEWUCHI 2223. UWAOMA CHIDOBE GREENWELL UCHECHI 2224. UYIGUE EHIMWEMA 2225. UZO HENRY NNAEMEKA 2226. UZODIGWE RITA EBERE 2227. UZODINMA IRECHUKWU KINGSLEY 2228. UZONWANNE CORDELL NNEDI 2229. VASWANI MANOJ 2230. VERISSIMO DAVID OLAYIWOLA 2231. VICTORY BAPTIST CHURCH,OSHIN 2232. VINCENT BEMIGHO TOPE 2233. WABI MUSIBAU MORUF2234. WADA MOHAMMED DANLADI
2235. WAHEED SAMSONDEEN 2236. WALAKU IDEGHAN 2237. WATANA SAMUEL G 2238. WAZIRI BAGUDU MOHAMMED AGEGE 2239. WILCOX BENJAMIN ORUBON 2240. WILFRED EZEJA EZE 2241. WILKIE GABRIEL ANIREJUORITSE 2242. WILLIAMS OLUFUNMILAYO AMOKE2243. WILLIAMS OLUFUNMILAYO AMOKE2244. WILLIE OKON UDOSEN 2245. WIZETRADE CAPITAL & ASSET MGT. LIMITED 2246. WOLE-ABU ANDROMEDA ENANEBIE 2247. WOLE-ADEWUMI APALARA 2248. WT SECURITIES LTD TRADING ACCOUNT 2249. WUYEP HASSAN SHEDRACK 2250. YACIM JOHN BAGIKO2251. YACIM JOHN BAGIKO2252. YAHAYA ABUBAKAR ABDULLAHI 2253. YAHAYA ALHAJI-ALLI 2254. YAKUBU ABDULFATAI OLAIYA 2255. YAKUBU ESTHER IFEOLUWA2256. YAKUBU ESTHER IFEOLUWA2257. YAKUBU IBRAHIM 2258. YAKUBU JOSEPH ANAZALLU 2259. YAKUBU MUSTAPHA 2260. YAKUBU SIRAJO 2261. YAKUBU SIRAJO DANHASSAN 2262. YAMTU DANYARO TONA 2263. YAQEEN MAROOF OLALEKAN 2264. YAYA BABAFEMI HAKEEM 2265. YESUFU ABDULLATEEF MOMODU 2266. YOHANA AYUBA 2267. YUNUSA ADIGUN RASAK 2268. YUSUF MUSA 2269. YUSUF SHERIFF AJADI 2270. YUSUFU ALIYO ANGULU 2271. ZAGIDOM VICTOR 2272. ZAINAB ABUBAKAR GUSAU 2273. ZAKARI NADINE AKHAIZETU 2274. ZILLION ABFOLAD INV LTD
MANDATE FORM
INTERCONTINENTAL REGISTRARS LTD
RE: SHARE HOLDER'S DATA UPDATE
In our quest to update Shareholder's data on our client company's register of members, we require your GSM number, for Indivi duals, Land Line for Corporate Shareholders, your CSCS Account Number and Bank details to enable us effect payment of subsequent dividend and bonuses vide our online E -bonus and e-dividend Menus. This will enhance, save and timely receipt of your entitlement as they fall due.
PLEASE COMPLETE IN BLOCK LETTERS
SHAREHOLDER'S INFORMATION
Date(DD/MM/YYYY)
Surname/Company's Name
Other Names (For Individual Shareholder)
Present Postal Address
City
State
E-mail Address
Telephone Number
E-BONUS INFORMATION
I/We hereby request that
from
now on. All my/our bonus shares due to me/us from my/our holding(s) in all companies ticked below be transferred to cscs electronically
Clearing House Number(e.gC1234567AG)
Account Number
Name of Stockbroker
E-DIVIDEND INFORMATION (Your Bank must confirm these information)
I/We hereby request that from now on. All my/our Dividend Warrant(s) due to me/us from my/our holding(s) in all companies tic ked below be mandated to my/our Bank named below.
Bank Name
Branch Address
Bank Account Number
Bank Sort Code
2 AUTHORISED SIGNATURES AND STAMP OF BANKERS
NAME OF COMPANY IN WHICH YOU HAVE SHARES
REGISTRARS USE ONLY
Register Code
Account Number
1 INTERCONTINENTAL BANK PLC
2 INTERCONTINENTAL WAPIC INSURANCE PLC
3 REDSTAR EXPRESS
Company Seal & Incorporation Number (Corporate Applicant)
Signature or Thumprint of shareholder(s)
Signature or Thumbprint
of shareholder(s)
NOTE:
This form can be downloaded from our website [email protected]. The form can equally be obtained and submitted at any of the Intercontinental Bank Plc
274, Murtala Mohammed Way, Alagomeji,Yaba, Lagos. Tel: 2771114, [email protected]
61
OASIS INSURANCE
AnnualReport &Accounts 2010
. . . a w e l c o m e r e l i e f
OASIS INSURANCE
60
LIST OF UNCLAIMED DIVIDENDS
2064. SANUSI ADEBIMPE MODINAT2065. SANUSI ADEBIMPE MODINAT2066. SANWO OLUWATOYIN EMMANUEL 2067. SANYA EUNICE YEMISI 2068. SARAFA ABAYOMI RAHEEM2069. SARAFA ABAYOMI RAHEEM2070. SDS SW / NIKSEG FOODS LTD 2071. SDS SW / OBAYIUWANA GLADYS 2072. SDS SW / OGUNNIKA FOLAKE 2073. SDS SW/ OLASOKO SUNDAY OLASOKO 2074. SENKALE TOPE 2075. SENKOYA ADEBUNMI ALICE2076. SENKOYA ADEBUNMI ALICE2077. SERIKI AFUSAT OMONIKE 2078. SHAOLA YINKA 2079. SHELL COOP/ OMONIGHO EGUONO 2080. SHELL-COOP LUCKY OSUNBOR 2081. SHENENI VICTOR & ALICE 2082. SHOBOWALE OLATUNDE SAMSON2083. SHOBOWALE OLATUNDE SAMSON2084. SHOEWU ADEBIMPE 2085. SHOEWU OLUWARANTI 2086. SHOFOLAHAN LASIS ATANDA 2087. SHOFOLU ADEBAYO O. 2088. SHOGBIYEJU ADEBAYO ADEKUNLE 2089. SHOPEJU TINUOLA AYODEJI 2090. SHOTAYO BANJI AKINOLA 2091. SIGNET INVESTMENT-DEPOSIT A/C 2092. SIMON LIFE NYONG 2093. SIRAJO HAMIDU MADA 2094. SOAGA AJIBOLA FATAI2095. SOAGA EDEWEDE OLUWATOYIN2096. SOAGA EDEWEDE OLUWATOYIN2097. SOAGA MIDINA 2098. SOAGA MIDINA 2099. SOAGA MOBOLAJI AHMED2100. SOAGA SAMSIDEEN OLALEYE2101. SOAGA SAMSIDEEN OLALEYE2102. SOAGA SURAJUDEEN OLADIPUPO2103. SOBAYO REMILEKUN 2104. SOBODU AYOTUNDE MICHAEL 2105. SODIMU OYENIYI OLUWASEUN 2106. SODIPE SAMUEL WALE 2107. SOGBEINDE BUNMI 2108. SOGBESAN ADEBITI AKANBI 2109. SOGBESAN ADEOLA TAWA2110. SOGBESAN ADEOLA TAWA2111. SOGBESAN OLUDAISI ROTIMI2112. SOGBESAN OYINLOLA OLUSOLA2113. SOGBESAN OYINLOLA OLUSOLA2114. SOILE YEJIDE 2115. SOLA-OJO OMOLARA ALICE 2116. SOLAWON SEMION OLANIJI2117. SOLOMON MELEMU VICTORIA 2118. SOLOMON TITILOPE TEMILOLUWA 2119. SOMAN INVESTMENTS NIG LTD 2120. SONOWO MUINAT OLAIDE 2121. SOSANYA DAMILOLA 2122. SOSANYA TEMITAYO JOSIAH 2123. SOTAMABOU SAMUEL ANATOL FEMI 2124. SOTINWA OLADIMEJI OLUKAYODE 2125. SOUGH DZER FELIX 2126. SOWUNMI OLUFEMI PETER 2127. SSCM-OTASOWIE ISAAC FESTUS 2128. STOREHOUSE RESOURCES LTD 2129. SULAIMAN FATAI ABIODUN 2130. SULAIMAN FATAI OLANREWAJU 2131. SULAIMON AKEEM 2132. SULEIMAN ABDULRAHMAN 2133. SUNDAY INIOBONG BARTHOLOMEW 2134. SUNDAY UZODINMA 2135. TAIWO FUNMILOLA 2136. TAIWO TEMITOPE OLUWAKEMI2137. TAIWO TEMITOPE OLUWAKEMI2138. TALABI ADEWALE O 2139. TAMUNONIME ZECHARIAH ODIKIBIEBUMA 2140. TAMUNOSIKI A. G. OKARI 2141. TAUNA KONI AGNES 2142. TBA NIG LTD 2143. TEBIRA EMMANUEL 2144. TEJUOSO OLUFOLAKE DORCAS2145. TEJUOSO OLUFOLAKE DORCAS2146. TELUWO OLUFEMI SUNDAY 2147. TESLIM LATEEF OLADIMEJI2148. TESLIM LATEEF OLADIMEJI2149. THE THERESA ANAOMA OKAFOR
FOUNDATION 2150. THOMPSON ISRAEL & VICTORIA 2151. TIAMIYU BISOLA MODINAT 2152. TIFASE OLANIKE EUNICE2153. TIMOTHY BAYO VIC 2154. TITILAYO RIFKAT BOLANLE 2155. TITUS AYODEJI JOHNSON 2156. TOBI PATRICK BABATUNDE 2157. TOBUN BABATUNDE GBOLAHAN 2158. TOKUNBO GODWIN 2159. TOMOMEINO TIMOTHY TOMOLA 2160. TOUN-FAGBENLE ENGORE 2161. TRADE LINK FIN.-DEPOSIT A/C 2162. TUMINI ERNESTINA GREEN 2163. UBAKA-OJOGWU CHIKE 2164. UBAMADU CHRISTOPHER C. 2165. UCHE IFEOMA JENNIFER 2166. UCHENNA AHANONU 2167. UDECHUKWU DANIEL CHUKWUETA 2168. UDEGBE LUCKY 2169. UDEH LORETTA OBIAGELI 2170. UDELE ESE EJASE-TOBRISE NELLY 2171. UDEZEH CHIDINMA JUSTINA 2172. UDOH BASSEY SILAS 2173. UDOH GEORGE JOHN 2174. UDUAK UDUAK MICHEAL 2175. UDUJI HENRY CHIDI 2176. UDUMA DAVID IBE 2177. UDUME CELESTINE CHUKWUMA 2178. UFOT JAMES IME 2179. UFUOMA-ORODORO GODWIN 2180. UGBOGBO SARAH UYI 2181. UGBOH HARRIET 2182. UGBO-WILSON CHARITY EYAJIFE 2183. UGEGE NELSON 2184. UGIAGBE ESEOSA 2185. UGOCHUKWU P. OJIEGBU 2186. UGOJI UGOCHUKWU PATRICK 2187. UGWO KENNETH CHIDI 2188. UGWU LIVINUS ASOGWA 2189. UGWUJA EMMANUEL OBOCHI EMEKA 2190. UGWUMMADU RUTH 2191. UGWUOKE SABASTINE IBEKWE 2192. UHUO OKECHUKWU ARINZE 2193. UKAZU AGNES 2194. UKET BASSEY OKPA 2195. UKO INEMESIT 2196. UKOH ROY BASSEY 2197. UKOREBI ESIEN BASSEY 2198. UKPEBOR .E. JOESON 2199. UMANAH EDET BASSEY 2200. UMARU ATTO 2201. UMARU JOHN SALE 2202. UMARU PURDUE 2203. UMEH KELVIN KALU 2204. UMEJI CHIMECHEFUNAM GRACE 2205. UMELO IFEANYI FELIX 2206. UMEOZULU JACINTA KANAYO 2207. UMOH CHRISTOPHER BRAIN 2208. UMOH EDET ESSIEN 2209. UMORU JOSEPH OGU 2210. UMUKORO KIEMUTE ALEX 2211. UMUKORO VICTORIA OKEOGHENE2212. UMUKORO VICTORIA OKEOGHENE2213. UNIAN VENTURES 2214. UNIAN VENTURES 2215. UNITY COOPERATIVE SOCIETY OJO LAGOS 2216. UNOGU TOCHUKWU TOBIS 2217. UNWANA AMOS DICKSON 2218. UNYA NDUKWE 2219. USMAN JARIRI BISHIR 2220. USMAN ZAINAB 2221. UTUONGO ISONG EKPENYONG 2222. UWAKWE ALBERT ONYEWUCHI 2223. UWAOMA CHIDOBE GREENWELL UCHECHI 2224. UYIGUE EHIMWEMA 2225. UZO HENRY NNAEMEKA 2226. UZODIGWE RITA EBERE 2227. UZODINMA IRECHUKWU KINGSLEY 2228. UZONWANNE CORDELL NNEDI 2229. VASWANI MANOJ 2230. VERISSIMO DAVID OLAYIWOLA 2231. VICTORY BAPTIST CHURCH,OSHIN 2232. VINCENT BEMIGHO TOPE 2233. WABI MUSIBAU MORUF2234. WADA MOHAMMED DANLADI
2235. WAHEED SAMSONDEEN 2236. WALAKU IDEGHAN 2237. WATANA SAMUEL G 2238. WAZIRI BAGUDU MOHAMMED AGEGE 2239. WILCOX BENJAMIN ORUBON 2240. WILFRED EZEJA EZE 2241. WILKIE GABRIEL ANIREJUORITSE 2242. WILLIAMS OLUFUNMILAYO AMOKE2243. WILLIAMS OLUFUNMILAYO AMOKE2244. WILLIE OKON UDOSEN 2245. WIZETRADE CAPITAL & ASSET MGT. LIMITED 2246. WOLE-ABU ANDROMEDA ENANEBIE 2247. WOLE-ADEWUMI APALARA 2248. WT SECURITIES LTD TRADING ACCOUNT 2249. WUYEP HASSAN SHEDRACK 2250. YACIM JOHN BAGIKO2251. YACIM JOHN BAGIKO2252. YAHAYA ABUBAKAR ABDULLAHI 2253. YAHAYA ALHAJI-ALLI 2254. YAKUBU ABDULFATAI OLAIYA 2255. YAKUBU ESTHER IFEOLUWA2256. YAKUBU ESTHER IFEOLUWA2257. YAKUBU IBRAHIM 2258. YAKUBU JOSEPH ANAZALLU 2259. YAKUBU MUSTAPHA 2260. YAKUBU SIRAJO 2261. YAKUBU SIRAJO DANHASSAN 2262. YAMTU DANYARO TONA 2263. YAQEEN MAROOF OLALEKAN 2264. YAYA BABAFEMI HAKEEM 2265. YESUFU ABDULLATEEF MOMODU 2266. YOHANA AYUBA 2267. YUNUSA ADIGUN RASAK 2268. YUSUF MUSA 2269. YUSUF SHERIFF AJADI 2270. YUSUFU ALIYO ANGULU 2271. ZAGIDOM VICTOR 2272. ZAINAB ABUBAKAR GUSAU 2273. ZAKARI NADINE AKHAIZETU 2274. ZILLION ABFOLAD INV LTD
MANDATE FORM
INTERCONTINENTAL REGISTRARS LTD
RE: SHARE HOLDER'S DATA UPDATE
In our quest to update Shareholder's data on our client company's register of members, we require your GSM number, for Indivi duals, Land Line for Corporate Shareholders, your CSCS Account Number and Bank details to enable us effect payment of subsequent dividend and bonuses vide our online E -bonus and e-dividend Menus. This will enhance, save and timely receipt of your entitlement as they fall due.
PLEASE COMPLETE IN BLOCK LETTERS
SHAREHOLDER'S INFORMATION
Date(DD/MM/YYYY)
Surname/Company's Name
Other Names (For Individual Shareholder)
Present Postal Address
City
State
E-mail Address
Telephone Number
E-BONUS INFORMATION
I/We hereby request that
from
now on. All my/our bonus shares due to me/us from my/our holding(s) in all companies ticked below be transferred to cscs electronically
Clearing House Number(e.gC1234567AG)
Account Number
Name of Stockbroker
E-DIVIDEND INFORMATION (Your Bank must confirm these information)
I/We hereby request that from now on. All my/our Dividend Warrant(s) due to me/us from my/our holding(s) in all companies tic ked below be mandated to my/our Bank named below.
Bank Name
Branch Address
Bank Account Number
Bank Sort Code
2 AUTHORISED SIGNATURES AND STAMP OF BANKERS
NAME OF COMPANY IN WHICH YOU HAVE SHARES
REGISTRARS USE ONLY
Register Code
Account Number
1 INTERCONTINENTAL BANK PLC
2 INTERCONTINENTAL WAPIC INSURANCE PLC
3 REDSTAR EXPRESS
Company Seal & Incorporation Number (Corporate Applicant)
Signature or Thumprint of shareholder(s)
Signature or Thumbprint
of shareholder(s)
NOTE:
This form can be downloaded from our website [email protected]. The form can equally be obtained and submitted at any of the Intercontinental Bank Plc
274, Murtala Mohammed Way, Alagomeji,Yaba, Lagos. Tel: 2771114, [email protected]
61
OASIS INSURANCE
PROXY FORM
18th Annual General Meeting to be held at 11.00am on
Friday, 26th August 2011 at Ibadan, Oyo State
I/We, ..........................................................................................being a
member/member of Oasis Insurance Plc, hereby
appoint**................. or failing him/her, the Chairman of the
meeting as my/our proxy to act and vote for me/us and on
my/our behalf at the 18th Annual General Meeting of the
Company to be held on Friday, 26th August 2011and at
any adjournment there of.
Dated this ................................................day of ......................................2011
Shareholder Signature......................................................................................
IF YOU ARE UNABLE TO ATTEND THE MEETING A member (shareholder) who is unable to attend an Annual
General Meeting is allowed by law to vote on a poll by a
proxy. the above proxy form has been prepared to enable to
exercise your right to vote incase you cannot personally
attend the meeting. Provision has been made on this form
for the Chairman of the meeting to act your proxy, but if you
wish, you may insert in the blank space marked** on the
form, the name of the person whether member of the
Company or not who will attend the meeting and vote on
your behalf instead of the Chairman of the meeting.
Please sign this proxy form and post it so as to reach the address on the other side not later than 11.00am. on
26th August 2011. If executed by a Corporation, the proxy should be sealed with the Common Seal.
...........................................................................................................................................................................................................................................................................Before posting the above Proxy Form, please tear of this part and retain it for admission to the meeting.
ADMISSION CARDOASIS INSURANCE PLCRC. 208278
18th Annual General Meeting to be held at 11.00am. on Friday, 26th August 2011 at Ibadan Oyo State
Name of Shareholder ................................................................................... Name of Shares ..........................................................................................
Signature of person attending ..................................................................................................................................................................................................
Number of Shares
No Resolution For Against
1. To receive the Report of the
Director, to audited
Financial Statement or the
year ended 31st December
2010 and the Report of the
Auditors and Audit
Committee thereon.
2. To re-elect Directors
3. To authorize the Directors to
fix the remuneration of the
Auditors. 4. To elect members of the
Audit Committee
5. To approve the
remuneration of the
Directors.
Please indicate with an ‘X’ in the
appropriate space how you wish your vote
to be cast on the resolution set out above.
unless otherwise instructed, the proxy will
vote or abstain from voting at his/her
discretion.
63
OASIS INSURANCE
PROXY FORM
18th Annual General Meeting to be held at 11.00am on
Friday, 26th August 2011 at Ibadan, Oyo State
I/We, ..........................................................................................being a
member/member of Oasis Insurance Plc, hereby
appoint**................. or failing him/her, the Chairman of the
meeting as my/our proxy to act and vote for me/us and on
my/our behalf at the 18th Annual General Meeting of the
Company to be held on Friday, 26th August 2011and at
any adjournment there of.
Dated this ................................................day of ......................................2011
Shareholder Signature......................................................................................
IF YOU ARE UNABLE TO ATTEND THE MEETING A member (shareholder) who is unable to attend an Annual
General Meeting is allowed by law to vote on a poll by a
proxy. the above proxy form has been prepared to enable to
exercise your right to vote incase you cannot personally
attend the meeting. Provision has been made on this form
for the Chairman of the meeting to act your proxy, but if you
wish, you may insert in the blank space marked** on the
form, the name of the person whether member of the
Company or not who will attend the meeting and vote on
your behalf instead of the Chairman of the meeting.
Please sign this proxy form and post it so as to reach the address on the other side not later than 11.00am. on
26th August 2011. If executed by a Corporation, the proxy should be sealed with the Common Seal.
...........................................................................................................................................................................................................................................................................Before posting the above Proxy Form, please tear of this part and retain it for admission to the meeting.
ADMISSION CARDOASIS INSURANCE PLCRC. 208278
18th Annual General Meeting to be held at 11.00am. on Friday, 26th August 2011 at Ibadan Oyo State
Name of Shareholder ................................................................................... Name of Shares ..........................................................................................
Signature of person attending ..................................................................................................................................................................................................
Number of Shares
No Resolution For Against
1. To receive the Report of the
Director, to audited
Financial Statement or the
year ended 31st December
2010 and the Report of the
Auditors and Audit
Committee thereon.
2. To re-elect Directors
3. To authorize the Directors to
fix the remuneration of the
Auditors. 4. To elect members of the
Audit Committee
5. To approve the
remuneration of the
Directors.
Please indicate with an ‘X’ in the
appropriate space how you wish your vote
to be cast on the resolution set out above.
unless otherwise instructed, the proxy will
vote or abstain from voting at his/her
discretion.
63
OASIS INSURANCE
