Having adequate knowledge about customers and reporting suspicious transactions to the National Insurance Commission (NAICOM), will aid the fight against money laundering and financial terrorism, the Commissioner for Insurance, Mr. Fola Daniel has said.

Just before I left the country Thursday for Algeria via Morrocco, I was fascinated by media reports and insinuations that Coach Samson Siasia was accusing the Technical Committee of the NFF of interfering with his team list drawn up for the all important nations cup qualifier against Madagascar in Antannarivo in a fortnight.

The Bureau of Public Entreprise (BPE) has released the industry agreements in line with the revised transaction timeline for the privatisation of the successor companies created from the Power Holding Company of Nigeria (PHCN).

China’s five biggest banks posted first-half profits that surpassed the total of their 14 largest U.S. and European rivals, highlighting the Asian nation’s financial power as other economies falter.

Bilateral trade between Nigerian and United Kingdom has increased by 80 per cent in the last four years, British High Commissioner to Nigeria, Mr Andrew Lloyd told Vanguard.

At the administrative level, Nigeria needs radical changes in fiscal, monetary and industrial policies to both promote new enterprises and aid existing ones. The bulk of the problem is the impaired access for small and medium enterprises to capital markets.

The federal government has been called upon to set aside 25 percent of the nation’s Pension Fund through bonds for the development of low-cost housing in the country.

Quarter 4 of 2011 will see Euro Global Foods & Distilleries Limited, maker of Braveheart rum expand its production plant in preparation for the introduction of new spirits and wine brands into the market.

ALMOST all the roads within Ibadan metropolis are impassable during and after rainfall as they would be flooded. Two heavy rains that fell recently caused serious havoc in some places like Awolowo Avenue, Bodija and Ogbere areas of the city.

An appeal has gone to the House of Representatives to pass legislations that will facilitate the creation of mortgages and thus help increase the rate of housing delivery in Nigeria.