The Nigerian Stock Exchange,NSE, has listed areas of concern in the proposed Institute of Securities and Investment, CISI Bill, currently before the National Assembly, saying that the Bill in its current state is not adequately defined and articulated.

President Goodluck Jonathan on Thursday said that all the 10 National Integrated Power Plants (NIPPs), being built by the Federal Government, would be sold to private investors.

The Nigeria Deposit Insurance Corporation, NDIC has disclosed that plans are underway to prosecute operators and debtors who contributed to the collapse of 103 Micro Finance Banks (MFBs) in 2012.

MAJOR concessionaire, A .P. Moller Terminal limited, has demolished Dangote Cement bagging factory located on the control tower of the Apapa port complex to create more space for its operations.

IN a bid to resolve the issue of port congestion currently being experienced at the Lagos ports, the Federal Government has ordered that vessels should not be stemmed to terminals until their backlog are cleared.

THERE are indications that the monthly security reports from the Lagos maritime Zone, has shown increased security surveillance in virtually all the terminals in Lagos maritime Zone.

The Chairman Advertising Practitioners Council of Nigeria, APCON, Lolu Akinwumi has said that the introduction of a new code of advertising practice would help to strengthen regulation and ensure professionalism in the industry.

FCMB Group has disclosed that it has committed over $275 million to the power sector reform and the value chain opportunities in Nigeria.

A new school year is starting and this gives us the opportunity to take a look at how we prepare our children for an uncertain future. About 30 or so years ago, one of the political parties, the Unity Party of Nigeria, had a four-cardinal programme centred on free education, free health, full employment and integrated rural development. One thing that was noticeable then was that most politicians spoke about the first two items in the programme but said very little about the other two items. In some instances, the politicians could not remember what the other two items were when they were making public presentations.

The Nigerian Stock Exchange, NSE has said that the new trading engine, X-Gen, which fully became operational, Monday, will change the face of doing business, not only in the Nigerian capital market but in Africa.

General attitude of Nigerians towards motor third party insurance. The attitude of Nigerians – the insurance buying public towards motor third party insurance is lukewarm and not in any way different from their general perception of insurance products and services as gambling, betting, fraud, or deceitful transactions. Quite often, buyers of the motor third party insurance are statutorily compelled to buy the third party cover under the provision of the Motor Vehicle Third Party Insurance ACT of 1945, before anyone could drive or put their vehicles to use on the highway.

Three months to the end of the year 38 insurance companies are yet to get approval for their financial accounts from the National Insurance Commission, NAICOM.

The Commissioner for Insurance, Fola Daniel, has called on insurance operators to allow the benefits obtained from the “No premium no cover’ policy impact on their claims settlement, staff remuneration and better returns on investment for shareholders.

More than 80 families were bilked out of $10 million in investments through a Ponzi scheme orchestrated by Richard Freer, a former bank president, according to Northampton County authorities.

The Central Bank of Nigeria has banned the importation of foreign currencies into the country.