The National Insurance Commission, NAICOM, has mandated insurance, reinsurance and broking firms to regularly organise Anti Money Laundering/Combating Financial Terrorism, AML/CFT training for their staff and all facilitators for such trainings must be duly approved by NAICOM.

The president of the Outdoor Advertisers Association of Nigeria (OAAN), Mr. Charles Chijide has bemoaned the present state of insecurity in the country, describing it as a big disincentive to businesses, especially the of Outdoor of Home (OOH) advertising.

The Federal Government is committing N276 billion, secured as loans from commercial banks, to reach five million farmers this year, the Minister of Agriculture and Rural Development, Dr Akinwunmi Adesina, has said. Adesina said this at Orin-Ekiti in Ido-Osi Local Government Area of Ekiti State at the launch of “Youth in Commercial Agribusiness” as well as the inauguration of the 2012 Agriculture Session in Ekiti State.

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.

ENUGU – An official of the State Security Service, SSS, in Enugu, Mr. Petrus Onwu, was shot dead by a four-man armed robbery gang operating on two motorcycles along Ogui road in Enugu metropolis, weekend.