NATIONAL Insurance Commission (NAICOM) has concluded arrangements to train some selected journalists covering the insurance industry on the newly introduced International Financial Reporting Standards (IFRS).

INSURANCE companies that have subsidiaries outside the shores of the country may soon be compelled to subject the subsidiaries to the regulation of the National Insurance Commission (NAICOM).

Mr. Aigboje Aig-Imoukhuede, CEO, Access Bank Plc, has emerged Master Entrepreneur of the year in the Ernst and Young Entrepreneurship Award.

OPEC raised its medium- and long-term forecasts for oil output on Tuesday but warned that uncertainty over energy and environmental policy was confusing the picture and could affect investment.

CIVIL society organisations across the country have urged the Federal Government to attach the removal of the fuel subsidy to the argument for the passage of the Petroleum Industry Bill, PIB, as proof of its commitment to the development of the industry and the economy at large.

TO say that deregulation of the downstream petroleum sector is the rave of the moment in Nigeria will be an understatement, as analysts continue to argue back and forth on the merits and demerits of the policy.

China Development Bank (CDB) , a government lender in financing key overseas investment projects, is looking for new fund contributors to its African investment fund, the bank’s chief economist said on Saturday. Wang Yuan said the China-Africa Development Fund has fully invested the initial batch of $1 billion, which was contributed solely by CDB.

Pirates have released an oil tanker and its crew they seized off the coast of Nigeria a week ago, the Nigeria Maritime Administration has disclosed, the latest in a string of attacks on ships in the Gulf of Guinea.

THE Senate Committee on Power has commended the Minister of Power, Professor Bart Nnaji, for his “tenacity of purpose and commitment to the common good.”

OPERATIONS of the oil and gas free zone in Onne, Rivers State, has cited security threats as a major setback in operations as well other challenges encountered in its activities of enabling logistical efficiency in the free zone