THE Federal Mortgage Bank of Nigeria, FMBN, is set to engage with the 774 local government areas in the country on how best the bank’s housing initiatives can be extended to them. Managing Director, FMBN, Mr Gimba Yaú Kumo, who disclosed this in an interview with a news portal, listed various ways of addressing the housing deficit in the country.

Average yield on treasury bills fell sharply by 42 per cent in nine months from January to September, driven by influence of rising inflation in the pricing of fixed income investments. Afrinvest disclosed this in its weekly update of development in the nation’s financial market. The Company stated, “Analysis of yields in the T-bills and bond market shows that between January and October 2015, average yields have declined from 14.3 per cent and 15.3 per cent to 8.3 per cent and 14.2 per cent respectively.

Often time people engage in all sort of shady deals and call it business. This should not be, because any act/trade that is not genuine and is to the detriment of others cannot be called a business, especially if it doesn’t fall within the confines of the law or is aimed at getting profit wrongly. Some of these wrong businesses include, money laundering (government officials), abuse of office, stealing, defrauding, internet scam otherwise known as yahoo-yahoo, 419 and a host of others.

The Police high command weekend described as false report credited to it that their call on the Navy and Air Force personnel for assistance during last Tuesday’s bank robbery in Festac Town was ignored.

The recent ministerial appointments made by President Muhammadu Buhari are not compensation for the Igbo.