Speaking further on the plan to invest N200 billion in its operations, Mr. George Coumantaros, Chairman, Flour Mills, nother said that proceeds of its bond offering last year and its soon to be launched rights issue will be utilised to enable the company to pursue aggressively the immediate plans to deliver accelerated growth across the Group.

The federal government has initiated moves to review the country’s housing policies by constituting a committee to draft national housing and urban development policies, with Mr. S.P.O. Fortune Ebie as chairman and Arch. E.A. Nya-Etok as vice chairman.

To help boost the creation of affordable housing in Nigeria, an expert has called for the development of an indigenous architectural model, which he termed “vernacular architecture”.

Managers should not just accept diktats from higher authority without discussion.If he or she believes that there is a more effective and productive way that a task can be completed, or that further resources are required to achieve budgets, they must be ready to discuss this openly with their own superiors.

There is greater opportunity for insurance companies to collaborate more with the banking sector to deepen insurance penetration in the country as some banks gradually divest from their insurance subsidiaries.

Over N500 million will elude the Nigerian economy between now and October as two prominent conferences in the insurance sector have been unceremoniously shifted to other countries because of security concerns in the country.

Federal Government has appointed Oladele Amoda, an engineer, as the new Chief Executive Officer, CEO, for Eko Electricity Distribution Company of Power Holding Company of Nigerian, PHCN.

UPPER Niger River Basin Development Authority, UNRBDA, has named Mallam Muhammed A. Dada as its new Executive Director.

MISTER Ezekiel Odunlami Ibidapo and Mrs. Gloria Ijeoma Odumodu,have been appointed members of the Board of Directors of May & Baker Nigeria Plc, Pharmaceutical giant.

South- East Governors Forum meeting ended in a deadlock in Enugu, Sunday, over the implementation of the new minimum wage by states in the zone.

BENIN CITY— Some crisis leaders of the Action Congress of Nigeria, ACN, in Igueben Local Government Areaa of Edo State and the caretaker committee chairman of the council, Mr. Sylvanus Igbogbo are at loggerheads.

To position its latest product in the financial market, Access Bank Plc in collaboration with Nickelodeon said they are deploying new product to redefine the retail banking space for children, whilst it has committed significant investment in Integrated Marketing Communications tool.

Nigeria international striker Ekigho Ehiosun made a goal-scoring debut for his new Turkish club Samsunspor as they won their opening league game 3-2 against Genclerbirligi.

There is an increasing universal recognition that the prime essence of government is the actualization of a thriving and beneficent economy; last week, President Goodluck Jonathan formally inaugurated the engine room that would serve as the arrowhead for the determination of his place in history as Nigeria’s number one citizen.