NO matter how insurance is viewed, nobody can take away the important role it plays in economic stability of any nation. And that is why the sector would lead and not play catch-up in any development that can upscale its activities.

Rather than appreciating, experts have said Nigeria’s insurance penetration is worsening each year. They predicate their position on the increasing number of individuals that are not insured.

On November 6, 2009, the National Association of Insurance Commissioners (NAIC) announced that members had approved a proposal to develop a new model for determining regulatory capital treatment for approximately 18,000 residential mortgage backed securities (RMBS).

The Kaduna state government says its internally generated revenue will hit about N6.7 billion at the end of this month.

Leading mobile operator, Zain Nigeria has commenced another phase of its designed

The Federal Government has been urged to use the moratorium clause of the World Trade Organisation (WTO) in re-inventing the nation’s real sector.

The prizes won at the promo aimed at putting smiles on the faces of the Nokia customers include: seven gas cookers; 22 generators, two refrigerators, three DSTv and HiTv decoders with one year subscription, seven N20,000 vouchers, 11 Nokia 6383, four Nokia N86 and two 42 inch LCD television among others.

By Enyim Enyim ONITSHA—There was jubiliation at  Anambra State House of Assembly yesterday when the law makers were formerly informed that their political god- father, Dr Andy Uba, who lost his bid to be sworn-in as Governor in waiting, had finally pitched his tent with the Labour Party (LP) as its governorship candidate for the […]

By Amaka Agwuegbo The Federal Govern- ment has been urged to provide an enabling environment to enable microfinance banks, MFBs, provide cheaper services to their customers. Speaking at the  second Customers’ Forum, last week, the Managing Director, Accion Microfinance Bank, Mrs. Bunmi Lawson, said if the government can provide adequate infrastructure for MFBs to operate, […]

By Chioma Obinna LAGOS — The National Agency for Food and Drug Administration and Control (NAFDAC) has ordered fresh mandatory registration of bread following  discovery of the use of potassium bromate by bakeries in the production of bread.

Unless serious efforts are made to turn the nation’s economic fortunes around, the future of the nation’s youths looks bleak.

ABUJA—In its determination to capture the 36 states of the federation during the 2011 general elections, a group, Core Supporters Network (PSCN) has commenced grassroots mobilization campaign across the federation for PDP.

WORRIED by the political quagmire in Bayelsa State ahead of the 2011 general elections, the national leadership of the Peoples Democratic Party (PDP) yesterday summoned both the governor of the state, Mr. Timpre Sylva and his deputy, Mr. Peremobowei Ebebi to Abuja with a view to nipping in the bud, the lingering feud.

Mr. Peter Enahoro, popularly known as Peter Pan, (his pen name), was showered with encomiums by a high profile segment of the Nigerian society Monday during the second launch of his memoirs: ‘Then the Thunder Spoke’. The Book was published by NAPMIND Communications.

By Gabriel Enogholase BENIN — EDO State government’s decision to make education free for primary school pupils and students in Junior Secondary School (JSS) in the state is paying off with a non-governmental  organisation (NGO), Caritas Foundation based in Benin, complimenting the efforts of the government.