Poly Rector blames protest by sacked staff on detractors
RECTOR, Akanu Ibiam Federal Polytechnic, Unwana, Ebonyi State, Professor Francis Otunta, said weekend that the protest staged by some sacked staff of the institution at the Federal High Court in the state last week was the handiwork of his detractors.
Building collapse: Minister urges sanctions on developers
Minister of Lands, Housing and Urban Development, Ms. Ama Pepple, has reiterated calls for appropriate sanctions to be imposed on developers and architects who make use of substandard materials for property development, leading to building collapse.
Brokers have not brought sufficient energy into MDRI- NAICOM
Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Mr. Fola Daniel said that insurance brokers in the country have not brought sufficient energy into the Market Development and Restructuring Initiative (MDRI) in the insurance industry.
Customers owe microfinance banks N34.6bn
The Lagos chapter of the National Association of Microfinance Banks says the 198 microfinance banks in the state are being owed N34.6 billion by customers. The chairman of the chapter, Olufemi Babajide, said in Lagos on Monday that ¦ 10 billion of the debts had gone bad.
Banks clear N9.92trn cheques in six months
The value of cheques cleared by banks in Nigeria in the first half of 2011 stood at N9.919 trillion, said the Central Bank of Nigeria, CBN.
Lasaco boss underscores quality service delivery to industry clients
The Managing Director of Lasaco Assurance Plc, Mr. Olusola Ladipo-Ajayi has underscored the importance of qualitative service delivery to insurance clients as a key panacea to eliminating apathy to insurance products and services.
