Diageo, owner of the Guinness brands, said that in the next three weeks, the entry for the annual Africa Business Reporting Awards (ABRA) will come to a close.

Advertising Practitioners Investigating Panel (APIP), a statutory organ of APCON charged with the responsibility of investigating professional misconduct in advertising practice in Nigeria has summoned 6 media Houses, 10 Ad Agencies and a corporate organization over exposure of unapproved advertisements.

Dr. Fidelis Nwankwo is the Registrar of the Institute of Direct Marketing of Nigeria (IDMN) and the Direct Marketing Association of Nigeria (DMAN), he spoke with Princewill Ekwujuru on the activities of the institute, saying that National Institute of Marketing of Nigeria ACT does not cover the regulation of direct marketing in Nigeria. Read on.

“In spite of the effusive enthusiasm of this Administration, some Nigerians refuse to celebrate the recent debt relief conditions granted by our major creditors of the Paris club. “Under the terms of the Paris club deal, Nigeria will see $18bn of its total debt of $30bn cancelled on condition that it pays the remaining $12.4bn between now and March 2006.

Stakeholders have identified flaws in the provisions of the newly proposed Lagos State Tenancy Bill currently before the State House of assembly awaiting passage into law

Minister of State for Federal Capital Territory, Chief Chuka Odom, has declared that government’s direct intervention is critical to the achievement of sustainable housing provision for the masses, adding that economic recovery is contingent on adopting the right housing policy . Odom, who is a former Minister of State for Housing, stated this when members of International Real Estate Agency Federation (FIABCI) paid a him a courtesy visit.

Federal government group life insurance account flagged on March 1, 2010 is generating ripples among insurance operators in the country. The latest in the out cry against the process that led to the selection of insurance companies and brokers for the 2010 account are 54 brokers and eight underwriters which felt schemed out of the selection process.

Going by the realization that insurance business is no longer a game play and the swinging wield stick of the National Insurance Commission (NAICOM), underwriters have concluded their reinsurance treaty renewals for the 2010 in spite of hard terms from reinsurers.

Eight insurance companies are hooked on to the 2010 Nigerian National Petroleum Corporation (NNPC) group life account for N 2.3 billion premium with sum insured of N 385.99 billion.

Dr. Fidelis Ayebae , the Managing Director/Chief Executive Officer, Fidson Healthcare PLC, tells how he grew the company from an initial capital of N 5 million in 1995 to billions of Naira and to a pharmaceuticals giant, reports Franklin Alli.