Ajaokuta steel mill resumes operations soon, says Sada

THE Minister of Mines and Steel Development, Arc. Musa Sada has confirmed that some sections of the Ajaokuta Steel Company Limited, ASCL, will be opened for operation, and that N600 million has been set aside to re-start the plant shut since 2008.
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Underwriters dare NAICOM on claims payment

Insurance companies in the country may be daring the National Insurance Commission (NAICOM) on
the regulator’s resolute to ensure that underwriters meet their claims obligations as claims ratio of some insurance companies are still below 10 per cent

Developers review property prices downwards

Developers have been reviewing downwards the prices of their properties on offer, a reflection of the gloom in the property market occasioned by the paucity of funds in the economy resulting from the unwillingness of the banks to grant credits.

Customer Abuses: CPC to come up with regulatory framework soon

WORRIED by complaints of customer abuses by telecommunication industries, the Consumer Protection Council, CPC, said it has concluded arrangements to come up with an all-embracing regulatory framework to check consumer abuses in the telecom industry in Nigeria.

Ready to rumble! Bio writes FIFA to stop $8 million World Cup largesse to NFA

The Nigerian football scene is set to rumble after the Eagles went out through the back doors in the on-going World Cup in South Africa. The fight, though, would not be to save Nigerian football. It is a war of who controls the money that accrues from the World Cup and paid by world soccer-controlling body, FIFA.

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