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 […]

Two weeks after the curtain was drawn on the 2009 FIFA U-17 World Cup, the Lagos Sub-Seat of the Local Organising Committee has declared its balance sheet.

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 […]

I SHOULD first register my best wishes to the president, Umar Yar’Adua, in his search for more robust health. I wish him well in his struggles with ill-health and extend my sympathies for his private pains.

ISOKO Positive Agenda (IPA) has thrown its weight behind the Conference of Ethnic Nationalities of Niger Delta (CEEND) on its demand on the Federal Government to give explicit interpretation of the 10 percent equity for oil host communities. IPA members, who rose from a meeting in Warri, said in a statement signed by their chairman, […]

THE Presbyterian Church of Nigeria (PCN) has  declared that Nigerians  now live  in apparent hopelessness. It blamed this on the economic and socio-political situation in the country in which the major social structures are collapsing. In a communiqué issued at the end of the quarterly meeting of its General Assembly Executive Committee (GAEC), the  church […]

THE annual Shiloh event organized by Living Faith Church Worldwide Ota, Lagos, holds December 8 to 12. This year’s event titled ‘Hour of Restoration’ is the eleventh in the series of Shiloh events. Bishop David Oyedipo, president of the Living Faith Church, said Shiloh 2009, like previous events, will have special healing services and a […]

*Insists deregulation is the only way forward *Says Nigeria has invested heavily in education *‘Some people are still living with prejudices of the First Republic’ In this concluding part of the interview with Senator Jubril Aminu, some of his comments came across as scary. Sampler: Look at what happened in Lagos between the Oodua Peoples […]

By Ise-Oluwa Ige Abuja-THE National Executive Committee (NEC) of the Nigerian Bar Association (NBA) is scheduled to meet next month, in Enugu. The NEC is the highest ruling organ of the association. The meeting  is important for more reasons than one. First, the meeting will avail the NBA the opportunity to critically x-ray the major […]

Mama Favour had been dreading the end of term report that her first son would bring home. Throughout the term she had been ensuring that he attended classes regularly and did his home work. She even got him a lesson coach, still his reports weren’t improving, and this infuriates the father. Her fears were confirmed when he didn’t make the first twenty in his class.