Property worth million of naira were destroyed in a fire incident which gutted the male hostel of the college of medicine, University of Lagos Teaching Hospital, Idi-Araba.

Kingdom Realties, one the operator in the Mortgage sector of the economy said it is out to help junior staff of companies across the country to meet their housing needs.

Over 11 persons were feared dead, yesterday and several others seriously injured when a suicide bomber rammed into theSaint AndrewsProtestantChurch, inside the Army Cantonment, Jaji, inKaduna.

A past President of the Institute of Chartered Accountants of Nigeria (ICAN), Mrs Toyin Olakunri, has raised alarm that most Small and Medium Enterprises (SMEs) do no last long as a result of poor financial management, linked to lack of accountability.

National Insurance Commission, NAICOM, has warned insurance companies to speedily adopt the International Financial Reporting Standard, IFRS, as the Commission will not tolerate companies’ financial statements that fail to meet the required standard going forward.

The Minister of State for Agriculture and Rural Development, Dr Bukar Tijjani, has said that the Federal Government is committed to ensuring self-sufficiency in rice production by 2015. “It is only when that is ensured that there will be a total ban on the importation of rice. It has to be a gradual process,” he said in Sokoto. Tijjani made this known at the ministry’s meeting with stakeholders involved in special intervention on dry season paddy production.

The Chartered Institute of Personnel Management of Nigeria (CIPM) has said that skills acquisition and entrepreneurship are necessary tools for any economy seeking national development.

The term business denotes a particular trade or profession designed to provide goods and/or services to consumers. And in like vein, any organization which provides these services is also referred to as a ‘Business’. Businesses play a vital role in the life and culture of countries with capitalist and free-market economies.

The Group Managing Director, Geo Fluids Plc, Mr. Ala Ibanibo, in an interview with Vanguard spoke on the importance of PIB to local industry in the country. He said that when the PIB is passed into law, it will create a robust revenue base for the industry and enhance capacity building amongst others.

Defending champions of the National Sports Festival, Team Rivers have been charged to further raise the bar in terms of the most gold medals won in the history of the Games.

The Central Bank of Nigeria (CBN)’s recent monetary tightening poses some challenges for the banking sector, FBN Capital has said.

Insurance intermediaries in the country have accused underwriters of deliberately withholding some of their commissions thereby contributing to the slow growth of their businesses.

Nigerian workers world-wide are expected to remit N3.27 trillion ($21 billion) back home in 2012, almost a 100 per cent increase above N1.65 trillion ($10.6 billion) recorded in 2011, according to a new World Bank brief on global migration and remittances.

The Federal Capital Territory Administration (FCTA) has began the process of tracking infrastructural facilities and social amenities in the six Area Councils and Satellite Towns in the Territory. The Administration has established a Ministerial Committee on Baseline Data Surveys for the Planning and Development of the Area Councils and Satellite Towns in the FCT.

The value of listed equities on the Nigerian Stock Exchange, NSE, continued on a downward trend last week, as price losses in highly capitalised stocks resulted in N32 .62 billion depreciation.