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N200bn insurance probe: NAICOM to report indicted operators to EFCC

THE National Insurance Commission, NAICOM, has vowed to refer to the Economic and Financial Crimes Commission, EFCC, insurance operators indicted in the ongoing probe by the House of Representatives Ad-hoc Committee investigating cash paid out to government officials annually by insurance companies.

Truck crushes 4 Oyo FGGC students, driver

FOUR students of the Federal Government Girls’ College, Oyo, who were returning from a mid-term break died in an auto crash, yesterday evening, when a gari-laden articulated truck fell on a bus conveying them to school.

Anambra gets FG, World Bank backing for cassava project

FOLLOWING great successes recorded by Anambra State in rice production, the Federal Government and the World Bank have approved additional value chain for cassava production in the state, expected to gulp hundreds of millions of naira.

NEC’s indictment of SON, NAFDAC

THE National Economic Council (NEC), chaired by Vice President Yemi Osinbajo, rose from its meeting last week and noted with dismay the high prevalence of poisoned food in Nigerian markets.

GE invests $2bn in facility devt

Multinational conglomerate, GE, yesterday, announced it would invest $2 billion in facility development, skills training and sustainability initiatives across Africa by 2018.

Edo gov inauguration: Ihonvbere heads Obaseki’s transition c’ttee

AHEAD of the November 12, 2016 swearing-in of the governor-elect of Edo State, Mr Godwin Obaseki, of the All Progressives Congress, APC, the state government has set up a 19-member transition committee headed by the Secretary to Edo State Government, Professor Julius Ihonvbere.

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