A new version of the Petroleum Industry Bill, PIB, which removes the strategic Host Community Development Fund as proposed in the botched PIB is set to commence legislative deliberations in the next few days.

Shareholders in the nation’s capital market have decried poor return-on-investment from insurance companies and called on the National Insurance Commission (NAICOM) to implement changes that will guarranty them better returns.

This column has consistently maintained that the root cause of our economic paradox of increasing income, with unbridled rate of unemployment, and deepening poverty will be found in the conscious but incorrect adoption of a faulty and distortional process for the infusion of our crude export dollar revenue into the economy.

The opposition All Progressives Congress, APC, in Ekiti State, yesterday, engaged the state government in war of words over the failure of Governor Ayodele Fayose to pay workers salary arrears.

ABUJA—Details of how Boko Haram deputy leader, Khalid Al-Barnawi, was arrested in Lokoja, the Kogi State capital, emerged, yesterday, with top security commanders disclosing that the feat was achieved by a combined operation involving the Department of State Security, DSS, and the Nigerian Military.

The latest report for manufacturing Purchasing Managers’ Index, PMI, compiled by FBNQuest Research, an arm of FBN Merchant Bank Limited, has indicated a recovery from 50.6 in February to 54.4 for the month of March 2016.

Mr. Femi Adesina, Special Adviser to the President on media and publicity commenced his journalism career in Vanguard and progressed through a couple of other media houses and was Managing Director and Editor in Chief of Sun Publishing Limited before his appointment as the president’s spokesman.

Borno State Governor and Chairman, Northern Governors’ Forum, Alhaji Kashim Shettima, has said that the fight against Boko Haram will soon come to an end.

ABUJA— The Economic and Financial Crimes Commission, EFCC, may have started investigating confidants and companies close to some prominent politicians in the last dispensation in its corruption fight.

Shelter Afrique has received $8.2 million injection of equity from the African Development Bank (AfDB). Shelter Afrique is a pan-African finance institution which exclusively supports the development of housing and real estate sector in the continent.