While the menace of cybercrime continues to cause more economic harm than good across the globe, especially in Nigeria , where the ugly trend has remained unabated, the Senate Committee on Communication has raised alarm over the vulnerability of the Nigerian ICT infrastructure to cyber attack, saying that 95% of the nation’s ICT Infrastructures are velnerable to cyber attack.

The Lagos State government, yesterday, launched an appeal fund in aid of the victims of the Haiti earthquake with a donation of $1 million.

THERE is palpable anxiety among a broad spectrum of Nigerians over plans to register mobile lines in the country by the telecoms regulator, the Nigerian Communications Commission, NCC, as a result of security issues involved in the exercise.

No fewer than 600 immigrants, who daily flood the streets of Akwa Ibom State, including 136 Niger Republic nationals, have been repatria-ted from the state by the Ministry of Women Affairs and Social Welfare.

Rising from its decade review of the Nigerian telecoms sector, the National Association of Telecommunications Subscribers of Nigeria (NATCOMS), has commended Executive Vice Chairman of the Nigeria Communication Commission (NCC), Engr. Ernest Ndukwe for his pioneering role in the sustenance of the use of GSM phones in country, particularly in the area of the establishment of the NCC Telecomms Consumer Parliament in August 2003.

The upward trend in the Nigeria Stock Exchange (NSE) continued, Monday, as the value of listed equities appreciated by N29.57 billion.

THE Chairman of Sapele local government council, Mr. Godwin Atose, has been suspended by the councill-ors for three months, while Leader of the House, Mrs. Anirah, was impeached.

CHAIRMAN of Rivers State Social Rehabilitation Committee, SRC, Chief Albert Horsfall, has spoken against recent abductions, assassinations and murders witnessed in the state in recent times.

Oando Plc, yesterday concluded arrangement to raise a total of N21.118billion from its Rights Issue, with all the directors of the company, parties to the issue and regulatory bodies in the capital market endorsing the offer at a completion board meeting held in Lagos.

Newly appointed Chairman of ATM Consurtium (ATMC), Mr Oladele Akinyemi has said that the new leadership of company will work together to restructure the company to maintain its leadership position.

Management of Sovereign Trust Insurance Plc has assured that 2010 will be mutually rewarding to all stakeholders of the company.

To meet different needs of its numerous customers, Oasis Insurance Plc has introduced three new products into the insurance market. Oasis Supreme Motor Insurance (OSMI), Tots to Teens Insurance Cover (TTIC) and Micro Insurance Personal Accident Cover (MIPAC) are targeted are specific markets.

Shareholders have commended Industrial And General Insurance Plc (IGI), for the company’s results_oriented local and continental business expansion programme, which yielded great dividends in terms of the size of the balance sheet, Group profit and stakeholder value in spite of the harsh operating environment in 2008.

Royal Exchange Plc, has announced the appointment of two Executive Directors. Chike Mokwunye, Executive Director (Group Services) and Alhaji Auwalu Muktari, Executive Director (Group Marketing & Sales).

Several insurance industry companies have pledged donations and other types of assistance following Haiti’s worst earthquake in more than 200 years.