ENGINEER Gabriel Amuchi led management of Federal Roads Maintenance Agency, FERMA, has assumed office.

Lagos State Government has urged sitting tenants whose landlords unreasonably increase their rents after the expiration of their advance payment to seek redress in the law court.

The major risk exposures in the oil and gas industry may be broadly categorised as Reservoir risk, Facilities risk and Political and fiscal risk and out of these, there are insurable risks which are the focus of the insurance industry as they come from the upstream activities; exploration and drilling, production and processing of hydrocarbon and downstream activities; refining, petrochemical, marketing and distribution and transportation.

The Federal government has said that the insurance sector is part of the sectors that would play a leading role in its transformation agenda to drive the nation’s economy to the next level.

For most people, buying or building a house is probably the biggest and most expensive investment they would ever make and it is vital that their investment is fully protected. All over the world, many secure their property with the aid of property insurance.

The National Lottery Regulatory Commission (NLRC ) and the Consumer Protection Council (CPC) have lauded Promasidor Nigeria Limited ‘s “Win Cash with Loya” milk promo, describing it as “Transparent”

Mr. Fatai Lawal, Managing Director of Sterling Assurance Company in this interview with Favour Nnabugwu bares his mind on the consequences the threat by the National Insurance Commission, (NAICOM) to publish names of erring companies would have on the entire sector.

Stanbic IBTC Bank, a member of Standard Bank Group, has appointed Mr. Obinnia Abajue as Head of Personal and Business Banking division of Stanbic IBTC Bank, which will take effect in October 2011. Until recently, Abajue was the acting Chief Executive Officer of Stanbic IBTC Pension Managers Limited. Abajue will be succeeding Mr. Jacques Troost, current Executive Director of the Personal and Business Banking division, who is taking up another role within the Group.

IMF chief Economist discussed the state of the global economy on chapters 1 and 2 of the IMF’s World Economic Outlook. With him at the briefing is Mr. Blanchard, Economic Counselor and Director of the Research Department, Mr. Decressin, Senior Advisor in the Research Department, and the world economic studies team management, Ms. Brooks and Ms. Duttagupta.

A group of foreign-based Nigerian investors are seeking approval of the Federal Capital Territory (FCT) Administration to embark on the development of mass housing projects and a five star hotel in Abuja worth $1 billion (about N150 billion).

With over 70 percent of Africans engaged in Agriculture, it is believed the continent has the capacity to not only feed its people but also help create a secure global food system.