Awareness and the perception of insuring public towards insurance are fast changing for the better says Mr Femi Okuniyi, Managing Director of Goldlink Insurance Plc.

The management of Union Bank of Nigeria Plc has paid a total of about N12 billion to its 1,742 retired and disengaged staff between 2000 and 2008 in terms of retirement benefits, gratuity and pensions.

The Group Managing Director of the NNPC, Malam Shehu Ladan, says the Petroleum Industry Bill (PIB) will promote economic activity among Nigerian ship owners who freight crude oil. An NNPC statement in Abuja on Monday quoted Ladan as speaking at a reception held in his honour and two other members by the Indigenous Ship-owners Association of Nigeria (ISAN) in Lagos.

The unprecedented liquidity created by countries to fight the economic crisis could create problems for policymakers in some advanced and emerging market economies with relatively strong growth prospects and higher interest rates, the International Monetary Fund said in a new report.

Industrial and General Insurance Plc (IGI) has won the coveted ‘Insurance Company of the Year Award’ at the 13th Annual City People Awards for Excellence, which took place in Lagos recently.

The on going projectsof the National Insurance Commission (NAICOM) and the Chartered Insurance Institute of Nigeria (CIIN) are to generate 55,000 employments to the insurance industry.

In a renewed effort to bring economic development to the Northern part of Nigeria, the Conference of Northern States Chambers of Commerce, Industry, Mines and Agriculture (CONSCCIMA) has entered into a partnership with the nation’s leading investment banking institution, BGL Plc with a view to attracting investments into the area.

Investors continue to enjoy significant improvement on their investments on the Nigerian Stock Exchange, as the value of listed equities appreciated, Monday, by N55.57 billion.

The Managing Director of World Bank, Dr. Ngozi Okonjo-Iweala has advised the federal government to concentrate on five key infrastructure that would spur growth and development of the economy.

Airline Operators of Nigeria (AON), has called for a new payment structure that would enable local airlines indebted to their creditors to pay off between now and 2020, in order to stay afloat in business.