Babajide Komolafe

The N14 trillion markets in Federal Government bonds is on the course to imminent collapse as prices soar far above the real value of the bonds in a manner similar to the situation that preceded and precipitated the crash of the stock exchange.

Experts who spoke at a workshop in Lagos on promoting [...]

AB Microfinance Bank Nigeria,  one of the notable microfinance , celebrated its one year anniversary of business in Nigeria. Its shareholders include, Access Microfinance Holding AG, Impulse Microfinance Investment Fund, International Financial Corporation (IFC), KfW Entwicklungsbank (German Development Bank) and African Development Bank (AfDB).

In this interview with Amaka Agwuegbo, Chairman, Supervisory Boards  [...]

By Patience Saghana

Insurance practitioners have begun moves to check the rising tide of fraudulent claims by customers estimated to constitute 12 per cent of total claims.

According to operators, fraudulent claims are most recorded in the motor insurance class of the business.

Insurance fraud is any act committed with the intent to fraudulently obtain [...]

National Insurance Commission said it is working to ensure that complaints about un-settled insurance claim becomes a thing of the past in the nation’s insurance industry

“Until recently, we use to record an average of 10 or more complaints per month from the public about  insurance companies not meeting their claims obligations. But all of [...]

President Umaru Musa Yar’Adua has reiterated his administration’s commitment to land reform, even viewing it as key to poverty alleviation in the country, noting that it is part of the Seven-Point Agenda of his administration.

The President stated this while receiving an interim report from the Presidential Technical Committee on Land Reform, describing land reform [...]

… floats special purpose vehicle

By Yinka Kolawole

Real estate developers, under the aegis of Real Estate Developers Association of Nigeria (REDAN), are calling for concerted efforts by government and all stakeholders in the housing sector to drastically crash construction cost of building in the country, even as it is set to float a special [...]

The federal government has identified the need for a virile mortgage industry in its efforts to reduce the housing deficit in the country put at about 16 million units.

Minister of State for Works, Housing and Urban Development, Mrs. Grace Ekpiwhre, who was speaking recently at the commissioning of some housing units built by the [...]

Investors lost N86.82 billion of their investment in quoted securities on the Nigerian Stock Exchange (NSE) last week.

This was represented by a decline in the share prices of majority of the quoted companies, forcing down the market capitalisation and All-share index by 1.7 per cent and 1.93 per cent respectively.

The capitalisation which opened [...]

The newly appointed Non-Executive Chairman of the African Finance Corporation (AFC), Mr. Adebayo Ogunlesi has reiterated its commitment to the development of the African continent through key infrastructure financing.

Ogunlesi, an international investment banker, who is also Chairman and Managing Partner, Global Infrastructure Partners (GIP) expressed his determination towards addressing the continent’s infrastructure deficit and [...]