The Council of the Nigerian Stock Exchange (NSE) has granted approval to GT Assurance Plc and Beco Petroleum Products Plc to list their shares by introduction on its Daily Official List of the NSE.

ThE Managing Director of Deap Capital Management and Trust Plc has petitioned the Central Bank of Nigeria (CBN) over the publication of his name as a director of Falcon Securities Limited, linking him with a N29.5 billion loan owed Afribank Nigeria Plc, by Falcon Securities.

The Independent Shareholders Association of Nigeria (ISAN), yesterday, stepped into the controversy between the Securities and Exchange Commission(SEC) and the Nigerian Stock Exchange (NSE ) over the listing of Transnational Corporation (Transcorp) shares on the Exchange, accusing the apex regulatory body of the capital market of insincerity.

Institute of Chartered Accountants of Nigeria (ICAN) has said it would sanction any of its members found guilty of any unethical practices in any of the five troubled banks.

Umuchinemere Pro-credit Microfinance Bank (UPMFB), Enugu, in keeping with the microfinance policy of empowering the ‘active poor’, has opened a Credit Relations Office (CRO) in Umana Ndiagu Autonomous community, Ezeagu LGA, Enugu State.

Interswitch has entered into a strategic partnership with Precise Biometrics to supply fingerprint recognition with Precise Match-on-Card to bank applications. The partnership is already engaged in a first project, which will provide license sales at a minimum of N42, 000,000 in 2009.

The four dry ports in the country are to be ready for operations in the next 30 months, the Nigerian Shippers’’ Council (NSC) said in a statement on Tuesday in Lagos.

The Central Bank of Nigeria (CBN) and Federal Ministry of Agriculture and Water Resources on Wednesday in Abuja signed an MoU on the provision of a 40-million-dollar facility for the implementation of the Rural Financing Institution Building Programme (RUFIN). The facility was offered by the International Fund for Agricultural Development (IFAD) to finance 345,000 rural households in 12 selected states in the country.

CALM has returned to Africa’s Eastern bloc after swarms of invasive red locusts were checked by scientists using fungal biopesticides (Green Muscle®), thanks to the International Institute of Tropical Agriculture (IITA) and partners.