Investors’ appetite for Federal Government of Nigeria’s, FGN Bonds increased last week, with a significant improvement recorded in trading in the Over-the-Counter, OTC, Bond market, as investors staked N141.688 billion on 157.68 million units of bonds in 1,064 transactions.

A robust and vibrant insurance industry is essential for the development of the housing sector in the country which is currently being hampered by paucity of funds.

IN the past week, four incidents in three countries detailed the killing attention African governments give education. We do not believe the cases are isolated. Only their devastating consequences vary from one country to the other.

The Obasanjo, Yar’Adua and Jonathan administrations have all decried what they consider to be the unnecessary and stifling burden placed on the economy by government’s increasing subsidy on the price of petrol. Last week, the Finance Minister, Olusegun Aganga was quoted in an interview he granted in faraway London that the cost of subsidies which touched N1 trillion (N1, 000bn) in 2009 would fall to about N520bn according to CBN estimates.

BGL Plc, one of Nigeria’s foremost Investment Banking outfit in Nigeria , Nigerian Economic Summit Group (NESG) and FDHL have lamented the non_passage of the Petroleum Information Bill.

For any nation’s economy to grow, the Small and Medium Enterprises (SMEs) sector must play a pivotal role in the overall industrial economy of the nation and Nigeria is not an exception.

In a renewed to boost its Corporate Social Responsibility (CSR) drive and to help promote government’s efforts on environmental cleanliness, Macleans, a toothpaste brand from GlaxoSmithKline Consumer Nigeria (GSK) Plc, said its partnering Passion House to clean up Amukoko, a suburb in Ifelodun Local Council Development Area of Lagos State.

Ogun State Command of the Nigeria Customs Service has raked in N1,274,856,458.08 between January and May this year. Presenting the revenue profile to journalists in his office, the Acting Customs Area Controller (CAC) in charge of the command, Deputy Comptroller Richard Oteri revealed that the revenue of the command shot up following the management’s innovation to work closely with the traditional rulers especially in the area of making smugglers to pay duties of any vehicle they bring into the country illegally.

The Kaduna state team at the weekend defeated their Kano state counterparts 1-0 to win the Zone D finals of the 2011 Copa Coca Cola held at the Kaduna Township stadium.

Rivers State government has constituted a special joint civilian/military task force to tow vehicles parked in wrong places in the state capital.

A pressure group in Edo State, the Niger Delta Women in Politics has dispelled rumours making the round in the State Peoples Democratic Party, PDP, that Edo State is in turmoil over ministerial nominee, saying on the contrary we commend the PDP over the ministerial nominee from Edo State; Arc Mike Onolememen, a young professional and new breed politician.

An aide of Dr. Bello Haliru Mohammed, the Acting National Chairman of the Peoples Democratic Party, PDP, Mr. Emeka Nwapa, has said the party has now been repositioned by in such a way that it can take the commanding heights in its quest for good governance which is necessary for delivering democracy dividends.

Lagos State Command of Nigeria Immigration Service, NIS, weekend, said it had arrested four foreigners for attempting to illegally obtain the Standard Nigeria International Passport.

British Airways has thrown its weight behind weekend’s launch of a European Advanced Bio-fuels Flight Path by the European Commission and its partners.

As the minimum wage controversy rages in the country, Edo State governor, Comrade Adams Oshiomhole, Sunday, maintained that state governments were bound to implement the new wage structure as it had been passed into law.