The construction of the proposed second runway for Nnamdi Azikiwe International Airport, Abuja, has generated so much controversy, considering the cost which is put at N64 billion.

Mr Matthew Adebayo is the chairman of The Vine Energy Resource Inc (TVER), a renewable energy company started about three years ago. Adebayo who worked for Johnson and Johnson (J&J ) for 21 years and also a top executive of the company, served in three management boards of the global company before coming to Nigeria to establish TVER alongside other people. He brings to bear on the renewable energy company, his wealth of experience. Adebayo spoke to Financial Vanguard in Lagos.

LeapFrog Investments, the world’s first microinsurance fund, recently announced that it has surged past its $100 million target capitalization, months ahead of schedule.

COMRADE Peter Ekhormhalomhen Esele, the youngest President-General in the history of labour movement in Nigeria, has been honoured with a fresh mandate by members of the Trade Union Congress of Nigeria, TUC, to lead the umbrella body for senior staff association in the country, for another three years.

Accenture Nigeria has named Mr. Niyi Yusuf as its Country Managing Director with effect from April 1, 2010. Mr. Niyi Yusuf who currently head the company’s Systems and Integration Growth platform in Nigeria succeeds Mrs. Omobola Johnson.

Most banks are yet to comply with the March 31st deadline of the Central Bank of Nigeria (CBN) on offsite ATMs which elapsed last week Wednesday.

Kane Emmanuel Dede is the Customs Area Comptroller, (CAC) Federal Operations Unit (FOU), Zone A, Lagos, where a new technique of smuggling textile materials into the country has been uncovered. He speaks in this interview about the new strategies fashioned out by his Zone to curb smuggling in a bid to prevent Nigeria’s industrial sector from complete collapse

Reuters – By the time thousands of parishioners stream into the 3,000-seat Ebenezer AME Church on Easter Sunday, church leaders hope to have something else to celebrate: financial revival. The congregation, one of America’s largest, has been scrambling to raise funds to save the arena-sized sanctuary from potential foreclosure. To that end, it has enlisted national leaders, such as the Reverend Jesse Jackson and Harvard Law School’s Charles Ogletree, who was President Barack Obama’s law professor.

Primary Mortgage Institutions (PMIs) require the support of banks in order to be able to adequately fund housing development in the country.

The Federal Capital Territory (FCT) authority is set to enforce adherence to the national building code for all all structures in the nation’s capital territory.