A capital market operator has expressed concern over the inability of primary market dealers appointed in the bond market to fulfill their obligation, saying that the regulators should take step to sanction some of them for failing in their duty.

Decline in share prices of highly capitalised stocks listed on the Nigeria Stock Exchange, NSE, namelyNestle Nigeria Plc and Guinness Nigeria Plc- resulted to N101.13 billion depreciation in the market capitalisation last week.

The Organised Private Sector, OPS, in Lagos State have urged the state government to develop other means of generating revenue as their over reliance on the private sector for wealth creation is impacting severely on the sector.

Blame games either in a family, corporate world or community is a sign of failure of leadership. Leadership is about taking responsibility and action where necessary no matter who is involved. In situations where people are not ready to accept responsibility for their actions or inactions, they blame their failures on subordinates or opponents.

Pentagon Real Estate Investment Limited has issued allocation papers to the first batch of subscribers to its Cedar Gardens estate project.

The storm surrounding the introduction of Non-Interest Banking (NIB) commonly called Islamic banking is gradually settling down and it is important to begin to exhume the challenges that might crop up in its operations with particular reference to the taxation of the sub-sector by the relevant tax authorities, especially the setting of standards for the type of taxes that apply and that are to be collected from the transactions.

Pius Adesanmi, a budding literary icon was the guest speaker at the “Second State of the Nation” lecture organized recently by the Pastor Tunde Bakare-led Save Nigeria Group. Adesanmi, an Assistant Professor at Carlton University, Canada, chose the title “Reparations: What Nigerians Owe the Tortoise” as his theme.

International Finance Corporation (IFC) has invested N800 million in Lift Above Microfinance Bank (LAPO) for onlending to low income earners.

Nigerian banks under the auspices of the Bankers Committee will soon commence a bio-metric data capture exercise for all customers in the banking sector.

Each Super Eagles star could earn as much as $100,000 should they win the AFCON in South Africa.

Osun State governor, Mr. Rauf Aregbesola in pursuant to Section 271, Subsection 4 of the Constitution of the Federal Republic of Nigeria 1999 (as amended) has appointed Hon. Justice Gloria E. Oladoke as the state’s Acting Chief Judge.

Albert Einstein once defined insanity as doing the same thing over and over and expecting different results, while the French classical author, Francois de la Rochefoucauld said ‘ the only thing constant in life is change’.

At the last IMF/World Bank Annual Meetings in Tokyo, debt sustainability took the center stage as financial egg heads from all over the world gathered to deliberate on the way out of the sovereign debt crisis currently crippling the Euro Zones. At the seminar on debt sustainability, Abraham Nwankwo, Director General, Nigeria’s Debt Management Office, DMO, was there and had a brief chat with some Nigeria journalist at the workshop.

FORMer President, Chief Olusegun Obasanjo was among eminent Nigerians that attended the 8th day prayer held in honour of the former Governor of Oyo State, Alhaji Lamidi Adesina who died last Sunday.