Study has shown that economic and development indicators of the South East zone are mixed when compared to other geopolitical zones of Nigeria . While the south east zone compares well in national income poverty metrics and general literacy, it performs relatively poor in physical infrastructure: (roads, water and electricity), regulatory efficiency and overall business environment.

Geoff Haley is the global chairman of the International Project Finance Association. In this chat with Saturday Business, he noted the position of the Public Private Partnership (PPP) since the global economic meltdown hit most of the big economies of the world.

Operating surplus of the Central Bank of Nigeria (CBN) fell sharply for the operating year ended 31st December 2008, reflecting the impact of the global financial crisis on the operations of the bank.

THREE Nigerian firms namely: Slok Nigeria Limited, Minaj Holdings and Arik Airlines Limited have topped trade financing deals totaling N64.5billion facilitated by Union Bank of Nigeria and Diamond Bank Plc.

Park & Shop, a highbrow supermarket along Adeola Odeku Street in Victoria Island, Lagos, has been accused by a customer of violating her rights by refusing to take back an item purchased from the shop.

Specifically, a turnover of 1.03 billion shares valued at N3.81 billion was recorded in 8,686 deals in contrast to the previous day’s turnover of 348.51 million shares valued at N3.32 billion in 11,168 deals.

FinBank Plc has assured the Ministry of Commerce and Industry of increased revenue when the full implementation of the web portal being financed by FinBank for the Ministry becomes operational.

A newly published report by the UN environmental agency underscores how environmental investments can get the global and national economies back to sustainable work.

Group of 8 leaders will agree to fight trade protectionism and mobilise billions over the next three years to boost agricultural investment in the developing world, according to reports.

THE International Institute of Tropical Agriculture (IITA) in partnership with Nigerian farmers has begun preliminary trials of propagating yam through vine cuttings on farmers’ fields in Niger State.

A consortium of eight Nigerian banks led by UBA, as the lead bank, are in a $265million supplementary refinancing deal for ExxonMobil and the Nigerian National Petroleum Corporation (NNPC). The banks are United Bank for Africa Plc, Oceanic Bank, Standard Chartered Bank, Skye Bank, Zenith Bank, Bank PHB, Access Bank and Union Bank Plc.

Insurance companies operating in the country have the options to freely go into Merger and Acquisition (M & A) or have the law compel them to do so as the National Insurance Commission (NAICOM) says 51 insurance companies operating in the country are too many.

The Nigerian Stock Exchange (NSE) has called on the Central Bank of Nigeria (CBN) to review its decision on the uniform year-end for banks in the country, urging it to instead, adopt a double year-end for the banks.

Trading on the Nigerian Stock Exchange (NSE) normalised, Tuesday, as the value of listed equities, driven by losses on the share prices of blue chip companies, dipped by N136.83 billion.

African Petroleum (AP) Plc, a quoted company on the Nigerian Stock Exchange (NSE) has begun the second phase of donation of helmets to motorcyclist nation wide being part of its Corporate Social Responsibility (C.S.R) in building the nation.