Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, have re-elected Comrade Babatunde Ogun as the president to run the affairs of the association for the next three years.

Having manned the office of the National Insurance Commission (NAICOM) at a critical period in the history of the nation’s insurance industry as the Commissioner for Insurance, Mr. Fola Daniel has less than three months to the end of his four-year tenure.

Banks are in panic mood as most of the high net-worth customers, artisans and daily employers of labour, eateries, merchants, vendors etc are thinking of how to secure their funds following the CBN directives on cash withdrawal limit.

In pursuit of corporate excellence, Intercontinental Wapic Insurance Plc has appointed new professionals into critical positions in the company.

The Nigerian Institute of Architects (NIA), Lagos State Chapter, has called on government to create city limits in urban areas of the country to reduce population stress on infrastructure and housing facilities of one city on another.

In its bid to enhance profitability and shareholders value for the future,Sterling Bank Plc has mapped out four inter-related targets for 2011, even as shareholders sought for more branches.

In the preamble to justify the hike in monetary policy rate to 8% and the increase in cash reserve ratio to 4%, CBN’s Monetary Policy Committee (MPC), in its communiqué No. 76 of May 24, noted that

Senior workers in financial institutions in the country have described as repugnant and anti-labour

The Centre On Housing Rights and Evictions (COHRE ) has decried the prohibitive cost of housing in Nigeria.

Federal Government has streamlined the procurement of satellite imageries to save huge cost that accrues from single user licenses.