One of the benefits of the Olympic Games is a boost in tourism to the host city. This boost, according to data obtained by the European Tour Operators Association (ETOA), is wholly illusory. Indeed there are indications that the impact of the Olympic Games is detrimental.

The casinos, which would be in five-star hotels, are part of a 19-point plan by Brambilla to boost tourism in Italy, especially in the less-developed and crime-hit south, she said.

Discussing with Dr. Akinwumi A. Adesina, vice-president, Alliance for a Green Revolution in Africa, is always a delight. In this interview with Jimoh Babatunde at the Federal Palace Hotel, Lagos during the just concluded African Media Owners Forum organised by ThisDay Newspapers, he said Africa faces a huge food challenge as it is the only region of the world where per capita food production has been declining.

There is the widespread but false contention that the 2007 governorship election in Anambra State conducted by the Independent National Electoral Commission (INEC) was annulled or cancelled by the Supreme Court.

The high rate of closure of micro-finance institutions, MFIs, has been attributed to lack of sound credit products which has hindered the MFBs from disbursing loans

Citibank Nigeria has restated its commitment to the development of the Nigerian economy, especially in the area of grassroots development.

Hon Ahmad Rabiu , Member, Investments & Securities Tribunal (IST) has said taking positions in the financial markets involves risks as well as rewards, and a large part of financial law and regulation is designed to protect the risk-taker, the investor for example through disclosure obligations, selling restrictions, product regulation and the concept of fairness.

The bearish trend on the Nigerian Stock Exchange (NSE‘) continued Wednesday, as losses on the share prices of blue chip companies dragged down the value of listed equities by N1.99 billion.

Seventeen-month old Adaeze Esther Odidika has emerged the youngest customer to win N1m in the on-going Save and Smile Promotion organized by Fidelity Bank Plc.

The Nigerian Stock Exchange (NSE) has announced that its planned technology upgrade that is expected to be effected in 2011 would cost about N3.6 billion (16 million euros).