It was one of the most hyped government programmes ever seen on these shores. Billboards were mounted in Lagos and Abuja announcing the Imo Investment Summit. The organisers sent text messages to the mobile handsets of people almost every hour. The Imo State Government was holding its first investment summit in its 34 years of existence.

Insurance companies in the country may be daring the National Insurance Commission (NAICOM) on
the regulator’s resolute to ensure that underwriters meet their claims obligations as claims ratio of some insurance companies are still below 10 per cent

Developers have been reviewing downwards the prices of their properties on offer, a reflection of the gloom in the property market occasioned by the paucity of funds in the economy resulting from the unwillingness of the banks to grant credits.

WORRIED by complaints of customer abuses by telecommunication industries, the Consumer Protection Council, CPC, said it has concluded arrangements to come up with an all-embracing regulatory framework to check consumer abuses in the telecom industry in Nigeria.

MINISTER of Commerce and Industry, Senator Jibril Martins Kuye, has disclosed that Nigeria was prepared to do business with Ukraine once it is ready to respect the country’s cultural and educational ties.

The Ogun State government has called for increased private sector participation in the development of affordable housing in the state to ensure provision of decent shelter for people resident in the state.

Spain provides a sterling example of how it can be done right. Through the 1990s, the Spanish government pursued a radical reforms programme, easing corporate taxes and regularising labour laws.

Elder Nnamdi Martin Onyenmuru is the Managing Partner of Martin Onyenmuru & Co. Chartered Accountants and also the Managing Director/Chief Executive Officer of Martino Systems Limited, an outfit that deals on electronics.