Mutual benefits Assurance Plc is strategically focusing on developing innovative customer-centric products, increasing market share and concentration on core insurance business.

The Nigeria Mortgage Refinance Company (NMRC) recorded a profit of N482 million for its operations in 2015, a significant increase over the N160 million profit it declared in 2014. The company also recorded increase in its total assets, rising to N39.01 billion in 2015 from N10.6 billion in 2014.

In a move aimed at repositioning the National Insurance Commission (NAICOM) to handle the insurance industry for better regulations, the Commission has reorganised its heads of Directorate.

The Federal Government has disclosed plans to raise a fund worth N1 trillion, in conjunction with private investors, to finance mortgages for low-income earners, under the social housing programme of the present administration.

The Lagos State government has compiled a list of more than 115 abandoned properties in Ikoyi and Victoria Island and directed owners of the buildings/structures to take physical possession of such properties to ensure they are completed, restored and fit for habitation within 90 days or face prosecution.

Most people who have lost money in real estate did not do as much due diligence as they should do. Never wave your due diligence. Don’t ever think that you can wish it away. No matter who may be introducing the investment to you, regardless of the respect you have for the person. If you adhere to this particular instruction, you will save yourself a lot of headache in real estate.

When the Honorable Minister of Finance, Mrs Kemi Adeosun, in Washington during a discussion on the importance of addressing infrastructure gaps in developing countries at the recently concluded IMF\World Bank annual meetings accused the western powers of being a stumbling block to Nigeria’s plan to improve power output through the use of coal, many took the statement on its face value.

Diamond Bank Plc has called on Small and Medium Enterprises, SMEs, operating in the country to embrace the changing trend in the business world by leveraging technology to boost their businesses.

The Managing Director/CEO of Fidelity Bank Plc, Mr. Nnamdi Okonwo, has said that the vision of diversifying the nation’s revenue base in view of the slump in international oil prices will not materialise unless the Small and Medium Enterprises, SMEs, are strengthened to fulfill their role as drivers of the economy.

Gain recorded by two oil and gas firms, Seplat Petroleum Development Company Plc and Caverton Offshore Support Group Plc last week resulted in N9 billion increase in investors’ wealth.

Adeosun: At the various meetings the outlook that was presented was that the global economy will remain subdued and that it has some implications for us in Africa generally but in Nigeria specifically. There is therefore the need to apply the full combination of monetary, fiscal and structural tools to ensure that we are able to return to growth.

Analysts’ have come to realise that entrepreneurs are the backbone of modern economies. It is their important contributions that help society grow as a whole. One of the reasons the United States is such a dynamic, innovative, and prosperous nation is because of the numerous business entrepreneurs that take their ideas to the next level regardless of the risks involved. Entrepreneurs create jobs and innovate and grow the economy.

There is strong indication that the European Union will after October 2016, terminate the Temporary Free Market Access it granted Nigeria and other ECOWAS member States to export their products to the Union. This is because of Nigeria’s failure to sign the Economic Community of West African States (ECOWAS)/European Union (EU) Economic Partnership Agreement (EPA) over the past six years.

FBNInsurance Limited and FBN General Insurance have highlighted some array of products to meet the diverse insurance needs of the general public.

Microfinance Banks (MfBs) across the country have accessed only N5.8 billion out of the N140 billion available for them from the N220 billion Micro Small and Medium Enterprises Development Fund (MSMEDF).