The President of Cashew Nuts Association of Nigeria (CNAN), Mr Tunji Owoeye have urged the CBN to properly supervised the disbursement of the N200 billion grant for commercial farming to meet the desire impact.

THE United States Agency for International Development (USAID) and major stakeholders in the Agriculture sector yesterday urged the Federal government to as a matter of urgency bring up modalities that would increase the competitiveness of agro business especially in the face of the present global economic meltdown.

If the world soccer body (FIFA) will pick Ijebu Ode as one of the host centres for the upcoming FIFA under 17 world cup that the country is billed to host later in the year based on the hotels available, then the city is as good as having it.

The Director_General of the Nigerian Tourism Development Corporation (NTDC) , Otunba Olusegun Runsewe, has expressed happiness that its current tourism investment drive is already attracting investors to the country.

Realising the power of the media and importance of giving accurate information about a destination, the World Tourism Organisation (UNWTO) in 2004 hosted the first TOURCOM at its Madrid Headquarters on February 5 with all its regional bases including Africa also following suit at a later date.

The federal government has procured six Doppler weather radars to be installed at airports across the country latest January 2010.It has also installed low level wind shear alert system in, at least, three airports in the country to save airline operations from the debilitating effects of wind shear, especially as the phenomenon was blamed partly for Sosoliso and ADC plane crashes in 2005 and 2006.

Creativity and innovation in the rapid transformation of organizations are indispensable business imperatives. This is the focal thrust of a seminar which holds in Abuja on June 30 and in Lagos on July 1 to assist organizations develop innovation agendas for their business. The seminar according to Solomon Ikhioda,Chief Inspiration Officer of Tsemhai Lifestyle Ltd is “a knowledge resource

For 90 days, two phones will be given away every hour, even as a grand prize winner will be rewarded with $1 million, courtesy the 9jillion promo embarked upon by Etisalat Nigeria network.

THE Board of Directors of Guinness Nigeria has announced the appointment of Babatunde Savage, currently the Deputy Managing Director, Guinness Nigeria Plc, as the company’s Chairman. He succeeds Dr. Ralph Alabi who has retired after 13 years as chairman during which the business experienced great transformation as a result of his commitment and good leadership. The appointment is with effect from July 1, 2009.

The Nigerian Dental Association has thrown its weight behind the new close up campaign, “day + night brushing” initiative unveiled recently in Lagos.

The Board of Directors of the African Development Bank (AfDB) has approved an investment of Euro 10 million in the Investment Fund for Health in Africa (IFHA). IFHA is a pioneer multinational private equity vehicle that invests growth equity in privately owned businesses in the healthcare value chain.

The bullish run in the Ni gerian capital market was halted, Wednesday, as the value of listed equities on the Nigerian Stock Exchange (NSE), represented by the market capitalisation, crashed by N99.98 billion.

THE Securities and Ex change Commission (SEC), apex capital market regulator has not given approval to the proposed N50 billion Bond by the Ogun State government, saying until all the necessary requirements are met.
Meanwhile the Executive Governor of Ogun State, Otunba Gbenga Daniel has called on the Securities and Exchange Commission (SEC) to support Ogun State in issuance of a N50 billion bond to finance infrastructure in the state.
The Governor who paid a visit to the Commission recently said the bond will enable the state embark on industrial development.

THE Federal Capital Territory Administration (FCTA) Wednesday shut the largest market in Abuja located at Garki area of the Federal Capital Territory under wise known as “Monday market” over what the administration described as failure to pay a debt of N49 million for sanitation and maintenance services.

The Managing Director of Lai Clothiers, Chief Lai Olumegbon, has estimated that the garment industry is capable of employing over 600,000 Nigerians who would in turn generate employment if the industry was properly harnessed.