Industrial and General Insurance Plc (IGI), has been appointed the exclusive official insurer of the 2009 Lagos International Trade Fair. The appointment follows an agreement between the management of IGI and the Lagos Chamber of Commerce and Industry, organisers of the annual trade fair.

The Managing Director of Capital Express Assurance Limited, a frontline player in the life insurance sector, Mr. Anthony Aletor, has said that the company no longer celebrates payment of claims as this is one of the major reasons why an insurance company exists to do business. This was disclosed while fielding questions during a media chat in his Victoria Island, Lagos office recently.

The chief Executive of the National Drug Law Enforcement Agency (NDLEA), Ahmadu Giade has expressed concern over the shabby treatment of retirees by NICON Insurance, one of the pension fund managers of the agency.

Guaranty Trust Bank has secured a three-year rights to sponsor the Lagos State Principal’s Cup, starting with this year’ edition.

Bothered by the dire consequences of the global economic crisis on the finances of all tier of governments in the country, the Nigeria Governors Forum NGF is holding the First National Round Table on Internally Generated Revenue, IGR to fashion out ways of boosting revenue generation in the country.