The Lagos State government earned N57.92 billion from all land transactions conducted in the state within the last four years.

The Lagos State Government generated N3.02 billion through property taxation in 2010 under the Land Use Charge.

With the adoption of risk-based supervision, the National Insurance Commission (NAICOM) aims to beef up regulatory processes even as it targets good corporate governance, Rosemary Onuoha writes.

Insurance regulatory bodies in Africa dread the role of being undertakers and being forced to intervene in the companies they supervise when companies under their control suffer liquidation.

Activities on the Nigerian Stock Exchange NSE last week maintained unstable trend as equities market opened the week on a bearish note to close slightly on a bullish note by N18.07 billion.

The Senate has asked the Central Bank of Nigeria (CBN) to increase the amount of money an individual could withdraw across the counter in its new Retail Cash Collection Policy. The CBN had issued a circular ordering commercial banks and allied service providers not to allow cash withdrawal and lodgments by individuals exceeding N150,000 by June 1, 2012.

Management of Conoil Plc has attributed the rise in its performance indices to some new strategic investment initiatives, as its Profit-Before- Tax (PBT) for the financial year ended December 31, 2010 grew by 20.7 per cent from from N2,312,367,000 in 2009 to N2,789,977,000.

The general assembly of African Insurance Organisation (AIO) has insisted on internationally accepted best practice for the 13-year- old auditing firm of the body.

The economic team of President Goodluck Jonathan must develop a Plan B against oil price shocks and battle entrenched interest for Nigeria to transform into a modern nation, says Bismarck Rewane

Dr Ibidun Adelekan of the Department of Geology, University of Ibadan, has called for the involvement of private corporations in the funding of climate research.