A slight decline was recorded in the value of listed equities on the Nigerian Stock Exchange, NSE, last week, as the Market capitalisation and All-share index both dipped by 0.09 per cent each.

The Kogi House of Assembly has set up a four-man ad hoc committee to monitor the implementation of the N97 per litre pump price of petrol with an appeal to marketers to open for business. The House constituted the committee at its plenary on Wednesday following the adoption of a motion on the issue of closed filling stations moved by Mr Friday Sani, representing Igalamela constituency.

Interswitch has increased security of transaction through payment cards in the country. This has been by achieving the Payment Card Industry Data Security Standard (PCIDSS) certification for the second consecutive year, making it the only Nigerian and West African organisation to be compliant two years in a row.

As Euro area debt problems and weakening growth in several big emerging economies are dimming global growth prospects, the World Bank (WB) in its latest Global Economic Prospects (GEP) 2012 has projected that developing countries should prepare for further downside risks.

Indications emerged weekend that insurance companies’ chief executive officers have adopted a new tactics of defrauding their companies under the term ‘provisions.’ Added to the league of such provisions is what they termed provision for National Insurance Commission, NAICOM.

FirstBank of Nigeria Plc has offered mortgage facilities for individuals and corporate organisations to acquire shops in the ultra-modern Tejuosho Shopping Complex in Yaba, Lagos.

Federal Mortgage Bank of Nigeria (FMBN) has introduced a new product known as FMBN Informal Sector Cooperative Scheme, in a bid to integrate Nigerians operating in the informal sector of the economy into the National Housing Fund (NHF) scheme.

Dr. Peter Aikpokpodion is a plant breeder with the Cocoa Research Institute of Nigeria, an expert in cocoa and the leader of the cocoa transformation team. Recently, he took time out to explain plans for the growth of cocoa in the country as the team met with chief executives of some organisations in the cocoa industry recently.

Mrs Delphine Onyinye Anusiem is the Managing Director/Chief Executive Officer of React International Assure Limited, a Lagos-based outfit that is into general contracting, catering services and interior decoration. In this chat with Vanguard in Lagos recently, Mrs Anusiem, a 2005 graduate of Industrial Relations and Personnel Management from the Lagos State University, talks about her business, how it all began, the challenges of doing business in Nigeria. Excerpts

A successful businessman has a mindset that is willing to take risks and tread on places people would not ordinarily want to tread. He would not chicken out at the slightest threat, so if you intend to start and own your business, you must have a diehard mentality, otherwise you would quit before you even get started.

A group has predicted that the current high price of fuel will soon crash if the deregulation policy recently introduced in the downstream sector of the petroleum industry is retained. This was disclosed by the Jetties and Petroleum Tank Farms Owners of Nigeria [JEFTON] during a press briefing addressed by Executive Secretary of the association, Dr. Ukeje Nwokeforo.

The Nigerian Institute of Management (Chartered) has called on the Federal Government not to manage the nation into a crisis situation, as the nation is not just undergoing a crisis in the system but a crisis of the system.