Following the presentation of the 2012 Appropriation Bill by President Goodluck Jonathan to the National Assembly on Tuesday last week, the Coordinating Minister and Minister of Finance, Dr. Ngozi Okonjo-Iweala briefed the press to give further insight into the highlights of the budget and how the Federal Government intends to ensure its successful implementation. Captured below is the detailed interaction between the minister and journalists.

Following the Federal Government’s intention to create a new national carrier after the demise of Nigerian Airways eight years ago, stakeholders in the aviation industry have continued to applaud the efforts of the government.

The rising debt profile of microfinance banks (MfBs) in Lagos State is becoming a source of concern to the National Association of Microfinance Banks, Lagos State Chapter (NAMBLAG) as it has disclosed that about 118 MfBs in the state owe the National Association of Microfinance Banks (NAMB) over N20 million.

Report from the office of Alliance Recruitment in the USA indicates that many Advertising, Marketing and Sales jobs in Nigeria may be on the line.

In spite of former President Obasanjo’s intimidating presence, his attempts to deregulate the pricing of petroleum products (particularly P.M.S./petrol) hit a brick wall. Consequently, the value of subsidies has steadily increased from less than N100bn a year to over N1,000bn, and may exceed 20% of the proposed 2012 budget according to media reports.