The Commissioner for Insurance, Mr. Fola Daniel has called for integration of the insurance sector in the West African sub region and Guinea-Conakry, saying that the move is not an option but an imperative.

Minister of Information, Mr. Labaran Maku, says Federal Government has saved about N15 billion from the new fertilizer policy.

Rail transport all over the world has played vital roles in public transportation. It’s most attractive advantage is the ability to move large volumes of goods and passengers to far distances. As a result, the developed economies of the world rely extensively on it.

Minister of Labour and Productivity, Chief Emeka Wogu, was the head of Federal Government delegation comprising three other ministers and representatives of five other ministers on a sensitization and appraisal visit as well as tour of project sites in Kaduna and the North-west Zone on the Community Services, Women and Youths Employment, CSWYE, project of the Subsidy Reinvestment and Empowerment Programme, SURE-P.

It is no longer enough for multinational corporations to be profitable. They are also expected to be good corporate citizens, engage in ethical business, demonstrate sound corporate governance practices and care for the environment.

Dr Kanayo Nwanze, the President, International Fund for Agricultural Development (IFAD) has identified the decline in agriculture as the cause of hunger and poverty in Africa which he described as waste of human lives.

…Lost N112bn to crude theft in Nigeria in Q2
Shell Petroleum Development Company Plc, SPDC, said it invested $281.2 million (N44.99 billion) in the Niger Delta in 2012.

Association of Stockbroking Houses of Nigeria, ASHON, said market operators are very hopeful and looking forward to a capital market with 40 million investors from the current five million.

ABUJA- THE Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said the federal government will soon release N10 billion for cassava bread development fund and to further boost the cassava production.

The Consumer Protection Council (CPC) has expressed satisfaction over Syke Bank Plc’s initiative in pioneering the customer service charter that is designed to give customers confidence in their transactions.

The Nigerian financial market is set to receive a boost as plans have been concluded for the commencement of operations by the FMDQ OTC dealers.

The US dollar is the main focus for forex traders this week with several crucial economic data releases scheduled.On Friday, the US unemployment rate will be revealed and it is predicted that the rate will drop from 7.6% to 7.5%. While this is heading in the right direction, Federal Reserve Chairman Ben Bernanke is unlikely to trim the stimulus until he sees unemployment fall below 7%. The most significant measure of the health of the US economy, however, is the Non-Farm Payrolls (NFP) data, which will also be released on the same day.

Shareholders of Oando Plc have unanimously approved the proposed N5.1billion dividend declared by its Board of Directors for the financial year ended December 31, 2012.

ABUJA—Winners yesterday emerged in the bidding conducted for Afam Power Plc and Kaduna Distribution Company by Bureau of Public Enterprises, BPE.

The Federal Government has extended the contract of the six Pre-shipment Inspection Agents (PIAs) for the exportation of petroleum products by one year, even has it has also appointed two monitoring agents to oversee the function of the six PIAs.