Standard Chartered Bank (SCB) Plc has said its balance sheet remains liquid, well funded and diversified, with a conservative risk profile. The group stated this in its interim management statement for the third quarter ended September 30, 2011.

Access Bank Plc in partnership with Friends for the Global Fund Africa, Friends Africa, has commenced the training of Small and Medium Scale Enterprises, SMEs, in Nigeria, empowering them to develop policies that will help reduce the negative effect of deadly diseases on their activities and bottom line.

IFC, a member of the World Bank Group, and Societe Generale Corporate & Investment Banking will provide a new risk-management tool to allow producers and buyers in Africa, the Middle East, and Central and Eastern Europe to lock in prices for agricultural goods and gain better access to finance.

Anglo-Dutch oil group Shell said on Wednesday it had resumed exports of crude from its Nigeria’s Forcados terminal after repairs to a damaged supply pipeline.

The naira, yesterday, firmed slightly against the U.S dollar on the interbank market after the Central Bank of Nigeria, CBN, and some oil firms sold the dollar directly to lenders to help lift the local currency, dealers said.

Nigeria Customs Service (NCS) has said that about 500 containers belonging to federal and state government agencies have been abandoned at the ports.

STANBIC IBTC, GTHomes, Safe Trust Savings and Loans, and Aso Saving and Loans, have partnered Casasolida Ltd., a property support company to real estate developers, on the ‘Own a Home’ property fair, aimed at helping people own their homes.

A coalition of global shipping companies and NGOs have agreed on an ambitious roadmap aimed at achieving a “step-change” in the industry’s carbon emissions through to 2040.

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, has said that politicians have been mounting pressure on his management to favour them in the planned disbursement of the Cabotage Vessel Financing Fund (CVFF).

THE Council for the Regulation of Freight Forwarding in Nigeria, CRFFN, has regretted the colossal loss suffered by Nigeria maritime industry following activities of an unaccredited agency which peddled false rumours that deprived the nation of capacity building and professionalism in the maritime operation.