There is need for economic reforms to tackle the problems of unemployment and poverty in the country says Dr. Nwanze Okidegbe, Chief Economic Adviser to the President.

A few weeks ago, my friend wanted to credit my bank account with 18,000 Naira via internet banking but he mistakenly transferred 180,000 Naira. When he got the SMS alert for this transaction, he immediately called me and requested that I should help reverse the overage and apologized for the error. I replied that I had already given thanks to God for the overage and since I cannot reverse my thanksgiving, he should forget about it.

Mr. Koya Olateru-Olagbegi has appealed to the Nigerian Council of registered Insurance Brokers, NCRIB, to avail foreign investors more opportunity to come into the Nigerian broking market.

The ongoing probe of the near collapse of the Nigerian capital market by the House of Representatives ad hoc committee, last week, took a dramatic turn as controversies ensued on issues that bothered on the three acquired banks by Asset Management Corporation of Nigeria (AMCON), and the composition of the corporation’s board members.

GOVERNOR of Jigawa State, Sule Lamido, weekend, expressed fears over the degenerating security situation in the country and blamed the nation’s leaders for the high rate of poverty and insecurity that have placed a burden of woes on the younger generation.

Following the conclusion of the acquisition of Intercontinental Bank, a significant improvement is expected in Access Bank Plc’s bottom line and return to investors in the 2012 financial year, according to a report by Vetiva Capital Management.

The MTN entrepreneurial seminar has come and gone, but it has left an indelible mark on our eroded family system which brings to fore the biblical saying, ‘train a child in the way he should go, and when he is old, he won’t depart from it’. Accordingly, a well trained child is a great asset for national development, thus Nation building starts at home. This was part of the messages from Dr. Farrah Gray.

Kano state Government is to allocate free farmland to interested Women farmers at Kadawa irrigation site for all year round farming.

The National Insurance Commission, NAICOM, has mandated insurance, reinsurance and broking firms to regularly organise Anti Money Laundering/Combating Financial Terrorism, AML/CFT training for their staff and all facilitators for such trainings must be duly approved by NAICOM.

The president of the Outdoor Advertisers Association of Nigeria (OAAN), Mr. Charles Chijide has bemoaned the present state of insecurity in the country, describing it as a big disincentive to businesses, especially the of Outdoor of Home (OOH) advertising.

The Federal Government is committing N276 billion, secured as loans from commercial banks, to reach five million farmers this year, the Minister of Agriculture and Rural Development, Dr Akinwunmi Adesina, has said. Adesina said this at Orin-Ekiti in Ido-Osi Local Government Area of Ekiti State at the launch of “Youth in Commercial Agribusiness” as well as the inauguration of the 2012 Agriculture Session in Ekiti State.

At the administrative level, Nigeria needs radical changes in fiscal, monetary and industrial policies to both promote new enterprises and aid existing ones. The bulk of the problem is the impaired access for small and medium enterprises to capital markets.

ENUGU – An official of the State Security Service, SSS, in Enugu, Mr. Petrus Onwu, was shot dead by a four-man armed robbery gang operating on two motorcycles along Ogui road in Enugu metropolis, weekend.

Stakeholders in the aviation industry have collectively flayed the aviation roadmap introduced by the Federal Government through the Ministry of Aviation.

A bill to amend the Central Bank of Nigeria Act on Wednesday passed through second reading at the House of Representatives.