The degenerating housing situation in the country, owing to the reduced construction of
affordable houses for the masses, seem to be getting worse with the high cost of building materials.
Sand, which is one of the major materials for housing construction has recently doubled in price and is out of reach of many who are nursing the ambition to own a shelter of their own.

The rate at which the excess crude oil savings is been spent by the government threatens the nation’s creditworthiness and the cost of borrowing in the international market, warns Razia Khan, Standard Chartered Economist.

Spring Bank Plc has introduced fresh incentives to its savings products in order to guarantee optimum customer satisfaction during and after the Easter Season in line with its Betalife campaign.

Stakeholders and operators in the capital market have thrown their weight behind the move by the Federal Government to give additional tax incentives that would spur growth and development of the Nigerian capital market. Already, the Federal Government has approved extension of tax waivers on sub-national and corporate bonds.

BankPHB has launched an Integrated Import Finance programme, that will help ease the importation of semi-processed goods finished goods, raw materials among others.

Skye Bank Plc has entered into a strategic partnership with the Rivers State Government to help in the fight against the scourge of malaria.

The value of quoted companies on the Nigerian Stock Exchange (NSE) appreciated, last week, by N200.07 billion, as the market capitalisation and All-share index rose by three per cent each.

Ms. Nwogo Ejindu is the managing director of Complete Home and Office Services Limited (CHOS), a wholly indigenous company with specialty in professional cleaning, maintenance, fumigation, pest control, landscaping and horticultural services.

LONG before the world started feeling the pangs of the current economic meltdown, Nigerians, reputed for their doggedness despite the absolute poverty confronting them due to years of corrupt and inept leadership in the country, have perfected plans to develop the informal sector of the nation’s economy not minding the monumental odds against them.

Mr. Adeyemo Ajibade,is the Managing Director, Optimal Barbers. In this chat with Franklin Alli, he speaks about his passion for the business which he says he started with N100, 000, 11 years ago , and is now worth N5 million. He also calls on Lagos Signage Advertising Agency (LASAA) to reduce the cost of signage for small businesses.

There are indications that the African Insurance Brokers Association (AIBA) that Nigerian fought so hard to move the body’s secretariat to the country after a storming debate at African Insurance Organisation (AIO) annual general meeting five years ago may be heading for a show of shame if nothing is done about it urgently.

The National Insurance Commission (NAICOM) and the Nigerian Council of Registered Insurance brokers (NCRIB) have resolves their differences which erupted as a result of some recommendations made to the government in the insurance act 2003 under review.

Goldlink Insurance paid over N1.2billion in 2009 as claims to relieve their customers from one loss or another.
The statement revealed that over N700million claims was settled on General Insurance while claims paid on Life policies amounted to N500million.

An insurance manager, Abiodun Ajijola, on Friday appeared before an Abuja Magistrate”s Court charged with criminal breach of trust and cheating.

ALHAJI Umar Munir, who in 1990 joined the services of defunct National Provident Fund, NPF, has been appointed Acting Managing Director, Nigeria Social Insurance Trust Fund, NSITF, by the Acting President, Dr. Goodluck Jonathan.