Estate surveyors and valuers have faulted the position of the federal government on the concept of social housing, even as they appeal to the National Assembly to accelerate the passage of the Social Housing bill.

Following the avalench of claims that has beset the insurance sector in recent time, Managing Director of Crystalife Assurance Plc, Mrs. Oluseyi Ifaturoti is of the opinion that any organisation that wants to remain in business must do what is professionally ethical by charging appropriate rate for risks.

Presidential directive on 24-hour operations at the nation’s ports is being frustrated by disagreement between the Nigeria Customs Service (NSC) and maritime operators.

As companies gradually transit to the International Financial Reporting Standard, IFRS, as mandated by the regulatory authorities, insurance companies have been charged to maintain high level of professionalism in the discharge of their duties.

Equities’ value on the Nigerian Stock Exchange, NSE,represented by the market capitalization, dipped last week by N338.339 billion.

Lagos State government has declared that its various housing schemes being developed across that state is expected to deliver 50 new housing units every month.

A survey carried out by MasterCard Worldwide has revealed that 92 per cent Nigerians have a strong and positive sentiment towards online shopping.

The Central Bank of Nigeria (CBN) is set to acquire a new fraud prevention system to boost the cashless Nigeria initiatives. Meanwhile banks in the country have deployed 100,000 Point of Sale (PoS) terminals and are expected to deploy 50,000 more before the end of the year.

Opposition to the proposed amendment to the enabling Act of the Central Bank of Nigeria (CBN) designed to remove the autonomy of the apex bank gathered storm last week as stakeholders in the banking industry led by the Chartered Institute of Bankers of Nigeria (CIBN), Nigeria Deposit Insurance and other top bankers spoke against the move insisting that an independent central bank is the global best practice.

For the nation to attain its aspiration to be among the top twenty economies in the world by the year 2020, it has to pay serious attention towards development of Micro, Small and Medium Enterprises, MSMEs, the Statistician General of Nigeria, Dr. Yemi Kale has said.