Beneficiaries of dead police officers across the country are to get a minimum of N500, 000 claims from insurance companies under Group Personal Accident (GPA) cover put in place by the Nigeria Police Force. Following the recent bomb blasts and killings of police officers across the country, Police insurers are to pay the beneficiaries. Insurance claims to beneficiaries of deceased or injured officers from Police Corporal to the Inspector- General of Police (IGP) range from N500,000 to N5million.

The Nigerian Building and Road Research Institute (NBRRI) has commenced moves aimed at facilitating affordable housing in the country by organising a training programme on alternative building technology for artisans. The institute recently organised a training programme for local fabricators on interlocking brick technology in Ota, Ogun State.

Recognising the need for the ‘poor but economically active’ group to be financially included, the Central Bank of Nigeria (CBN), in 2005, launched the Microfinance Policy Framework, which empowered licensed microfinance banks (MFBs) to cater for the financial needs of those in this group.

In recent times, the home appliances and electronic market in Nigeria has been polarised. While new and emerging products from this market segment keep arriving, the established brands are busy formulating marketing and sales strategies that would make them stay ahead.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday warned the management of the Petroleum Equalisation Fund (PEF) against victimising its members.