*As Naira gains N5 in parallel market

By  Babajide Komolafe
Foreign exchange demand at the official    market rose sharply by 100 per cent as the naira appreciated by N4 at the parallel market.

Investors’ woes were heightened last week, as the value of their investments on the Nigerian Stock Exchange (NSE) dipped by N706.21 billion.

Mr Aniekan Akpan, PENGASSAN Abuja Branch Chairman, has faulted the contracting of 21 crude oil terminals for pre-shipment inspection to a foreign firm by the Federal Government.In an interview with the News Agency of Nigeria (NAN) in Abuja on Friday, Akpan stated that it was a drain on the economy. Akpan added that the action was a waste of government resources in theface of scarce resources.

In a renewed determination to ensure a stronger hold on the electronics market, Live is Good (LG) Electronics has opened a new showroom in Ikoyi, Lagos, even as it launches new product.

What would you do with $1million US dollars?. This has been the question agitating the minds of subscribers connected to the Etisalat network. Surely, you will say, I would definitely be dazed, that is if you are lucky enough to become a winner in the on-going Etisalat 9jillion promo. You sure will say, “my life will turn around for the much better.

Exhibitors at the just ended maiden edition of the CFO Baby and Child Fair have commended the organisers for giving them a platform to display their wares. The CFO Baby & Child Fair is the first of its kind in Nigeria.

Where is the place to be.? The place to be is a place where everything is easier to achieve, a place to be fulfilled.
The place to be is where treasurers are protected, business is intact, a place re-assured. The place to be, is where there is no frustration, where with the touch of a button, problems are reached and solved.

Oil firmed towards 72 dollars a barrelon Friday, gaining for a third day, supported by views on equity markets that the economy may be stabilising and due to geopolitical concerns over key oil producers Iran and Nigeria. U.S. crude rose 49 cents to 71.86 dollars a barrel having topped 72 dollars earlier.