…No cause for alarm — Fashola
AS the rainy seasons draw near, Lagos residents have begun to express fear over the preparedness of government to curtail the perennial flood challenge confronting the state.

…Defends transaction cost in primary market
Chief Executive Officer of the Nigerian Stock Exchange, NSE, Mr. Oscar Onyema, has announced that the Exchange will soon undertake a review of the market structure that bars shares of quoted companies from falling below their par value.

Chartered Institute of Bankers of Nigeria, CIBN, has attributed the prevalence of fraud in the banking industry to non professionals occupying sensitive positions in banks.

The Federal Road Safety Corps has warned Nigerians not to patronise scammers who have created fake recruitment portals to defraud people. The Corps in a statement said that it is not recruiting staff nor has it ask anyone to recruit staff for her.

MALI coach Patrice Carteron says they are ready for Ghana after a morale-boosting win against Niger in their first group match of the 2013 Africa Cup of Nations.