Africa_focused fund Injaro Investments is raising money to invest in West African businesses too big for microfinance but which are unable to get bank loans, especially in the agricultural sector, its Managing Principal Jerry Parkes said on Tuesday.

Winners have begun to emerge in the Inspirational SMS Service introduced by Starcomms Plc., the only telecommunications company listed on the floor of the Nigerian Stock Exchange. Over 40000 customers who subscribe to the service have won airtime worth up to N2, 500.

Stock market dipped second day running(Tuesday) by 0.69% as All Share Index continues the downtrend to close at 23,918.11 points. The market capitalisation, representing the net worth of investment traded on the Exchange depleted by N40.93 billion to close on a negative note at N5.86 trillion.

SENIOR Staff Association of Communications, Transport and Corporations, SSACTAC, has petitioned President Jonathan, alerting him of how a few privileged, greedy and unpatriotic Nigerians are acquiring land and other assets belonging to the Nigerian Ports Authority principally at the East Mole and Tarkwa Bay areas of Lagos State.

The robbers numbering over eight, as gathered, stormed a Bureau-de-Change office in a Lagos marked vehicle, where they carried out the operation unmolested. Attempts by some policemen from Benin Republic to respond to the fire power of the armed men, reportedly proved abortive.

Nigeria is to host the first AU-New Partnership for Africa’s Development (NEPAD) meeting on external debt management in the first quarter of 2011, Mr Goodie Ibru, has said. Ibru, the Chairman of NEPAD Business Group Nigeria, disclosed this when he paid a courtesy visit on the Director-General, Debt Management Office (DMO), Dr Abraham Nwankwo.

Nigeria’s biggest cement producer Dangote Cement has applied to the Securities and Exchange Commission (SEC) to merge its operations with Benue Cement , the commission said on Monday.

PRESIDENT Goodluck Jonathan has approved sweeping changes in the nation’s Armed Forces, with the sacking of all service chiefs, Inspector General of Police, IGP, and Director-General of the State Security Service, SSS.

These graduates are found to be deficient in several area of professional practice leading to huge criticisms by employers of labour who had to spend a huge budget to retrain these graduates.

Rapid economic growth and its sustainability as well as the empowerment of the citizenry, which are indices of national development, have continued to elude Nigeria because of the lip service being paid to science and technology.

A number of equipment such as 30 KVA generating set, inverters, a Toyota Hiace minibus, digital cameras, field equipment among other facilities, valued at N50 million, which were recently donated to the Geology Department of Ahmadu Bello University, Zaria by Esso Exploration and Production Nigeria Ltd, a subsidiary of ExxonMobil, have been commissioned.
The assistance was made under the company’s Universities Partnering Programme.

An incredible novel whose plot was weaved from an African folk tale about a young village maiden who overcame the circumstances of her birth to become a model for her generation has hit the literary scene with inspiration.

The former Chairman was sacked for allegedly hosting a reception in honour of Mrs. Jonathan without informing the State Governor – front page story of a national newspaper Sunday August 28, 2010.

Mr Fuji, Alhaji Sikiru Ainde Barrister lives and not dead as rumoured. He is currently recuperating at the University Hospital, Cologne, Germany where he was flown to, on August 21.

Notable Nigerian musicians, Dr. Victor Olaiya, King Sunny Ade, Fatai Rolling Dollar and Stan Plange of Uhuru Dance Band of Ghana are listed for honours as the nation celebrates 50years of self rule.