The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said that current Federal Government reforms in the nation’s downstream petroleum sector will not only ensure products sustainability but also distribution stability.

Real local content in Nigeria industries is alarmingly low at about 18 percent, Executive Secretary, Nigeria Content Development Board (NCDMB), Mr. Ernest Nwapa, has disclosed.

The Director General, Securities and Exchange Commission, SEC, Ms. Arunma Oteh, who was a guest speaker at the recently concluded annual lecture of Women in Business in Lagos spoke on a lot of issues affecting the Nigerian capital market as well as issues affecting women’s investment in the capital market.

The report by Oyetunji Abioye, also said that “SEC investigated the lender after do Rego [the Group Executive Director of Finance and Risk] told the SEC in August that Tanoh and former Chairman, Kolapo Lawson planned to sell assets below market value. Do Rego said she was pressured to write off debts owed by a business headed by Lawson and manipulate the bank’s results. Tanoh and Lawson have denied any wrongdoing,”

The Director General of the Nigerian Meteorological Agency , NIMET, Dr. Anthony Anuforom has said that no single Nigeria airport had wind shear alert system by 2006. The DG made this revelation while speaking with aviation reporters.