The newly introduced non-interest banking especially Islamic banking, can lead to financing of religious fanaticism and terrorism, says economic experts.

COMRADE Sunday Olusoji Salako, is the President of the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, umbrella body for senior workers in the nation’s financial sector. It is a body of bank senior workers who have access to facts and figures in the banking sector of the Nigerian economy. In this interview with Financial Vanguard, he examines the tenure of the Central Bank of Nigeria, CBN- appointed management of the rescued banks, Mallam Sanusi Lamido Sanusi as the Governor of CBN, among others.

Twelve insurance companies owe the Nigeria Police Force N63.9million claims on Group Personal Accident (GPA) account for 2008/2009.The 12 insurance companies led by Industrial and General Insurance (IGI), Vanguard investigations reveal, are yet to settle the Police Force on batch 10 and batch 11 claims for that year.

As part of his administar-tion’s policy to assist traders in Borno State, Governor Kashim Shettima has pledged to release the sum of N2 billion interest-free loans to over 10,000 market women and traders at the Maiduguri Monday Market (MMM)

Mirror Suites, the latest addition to the nation’s booming hospitality industry has opened for operation as it promises quality services delivery.

The Nigeria Institute of Management (NIM) has renewed its call for effective utilisation of the nation’s resources and pledged her commitment to ensuring that qualified managers are put in charge of administration both in public and private concerns.

CR Services, the nation’s foremost credit bureau has introduced Portfolio Monitoring, a special product which would help banks to boost lending.

FAO has announced the launch of a major new initiative intended to produce more food for a growing world population in an environmentally sustainable way.

VERY early last Thursday, I received a number of text messages from some of my readers and friends; some of them very highly placed and respected Nigerians. It was about an article by our new columnist, Is’haq Modibbo Kawu, reacting to some of the views I have canvassed of recent about political events in our country.

Senator Omololu Meroyi, chairman of the Senators’ Forum (South-West), was in the Senate between 1999 to 2003 representing Ondo South. In this interview with Vanguard, after a meeting of the Forum in Lagos, he spoke on the rising cost of governance, jumbo pay for lawmakers, how to move the country forward and why serving and non-serving senators are congregating.