Reflecting the surfiet of funds in the money market courtesy of AMCON bonds, government securties recorded 242 per cent over- subscription last week.

In the days of our forefathers, there existed unlimited flow of affection and trust, hence a little baby could be left in the care of another woman next door while the mother of the child proceeded to market or farm. That time there was no high fence demarcating one family home from the other.

The Rivers State Chapter of Trade Union Congress (TUC) has urged the Central Bank of Nigeria (CBN) to shift implementation date of its policy on cash withdrawal by five years.

The Central Bank of Nigeria three weeks ago said that Nigerians will as from June 2012, pay for excess cash withdrawals and deposits. The apex bank pegged the limit of daily cash withdrawal at N150,000 per individual, that is about $1,000 by today’s average exchange rate and N1,000, 000 for corporate individuals.

Following allegations by customers of illegal disconnections, extortion, taking away customers’ cables, crazy bills and failure to deliver metres already paid for, officials of Nigeria’s electricity utility company, Power Holding Company of Nigeria (PHCN), have advised customers to always direct their complaints to the appropriate quarters rather than patronising touts

Prince Kunle Quadri, President, West African Union of Tax Institutes (WAUTI), has appealed to the National Assembly to pass the Personal Income Tax Amendment Bill. Quadri who is also the President of the Chartered Institute of Taxation of Nigeria (CITN), similarly, appealed to the Federal Government to launch the National Tax Policy.

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Hi Readers!Nanny and I arrived here in Accra yesterday, a week ahead of Heather’s white wedding. Boy! It was nice to see my parents looking so well and happy. Aunt Adeline too! I became like a little girl once again as I hugged each of them over and over again. The sudden death of Tayo’s dad made me appreciate my parents being alive, and I asked after their health solicitously.”

The Nigerian Council of Registered Insurance Brokers said a chapter in history has closed with the passing away of Talabi Braithwaite.

Union Bank Plc says it will soon apply for an international license from the Central Bank of Nigeria (CBN) to have off-shore branches. Mr Francis Barde, Head of Corporate Affairs of the bank, told the News Agency of Nigeria (NAN) in Lagos on Friday that the bank would start the process after its recapitalisation exercise.

Former Nigerian number one goalkeeper, Raymond King was disappointed by Super Eagles assistant coach and goalkeeper trainer Ike Shorunmu for ignoring his advice on the choice of Sunday Rotimi over Ambrose Vazenkin as Eagles keeper in the final of the WAFU Cup on Saturday.

SOME ad hoc staff of the Independent National Electoral Commission, INEC, used in Anambra State in the April general elections, have petitioned the chairman of the commission, Prof. Attahiru Jega, over non-payment of some of their allowances.

The Association of Professional Bodies of Nigeria (APBN) has carpeted the Federal Mortgage Bank of Nigeria (FMBN) for non-performance, calling for alternative means of housing finance in the country.

PricewaterhouseCoopers (PwC) Nigeria, consulting firm in Lagos hosted a debate tagged: The Africa Business Agenda with leading Nigerian CEOs to address key challenges and opportunities facing the Nigerian business environment.

The insurance industry can only win the confidence of the general public when they are able to meet the obligation of what they insure to people.