Managing Director of the Nigerian Ports Authority (NPA), Engr. Omar Suleiman has announced plans by the authority to generate N132.655 billion in 2011, even as he noted that they would embark on capital projects to improve ports operations in the country.

Another batch of 10 indigent Nigerian female tertiary institution students has emerged successful in the scholarship award initiative of MoneyGram International Nigeria.

Two leading Nigerian financial experts, Mr. Phillips Oduoza, Group Managing Director and Chief Executive Officer, United Bank for Africa Plc, and Mr. Bismarck Rewane, Chief Executive Officer, Financial Derivatives Company, have called on Geman investors to take advantage of the oppor-tunities in Nigeria to increase business partici-pation in the country.

As parts of efforts towards boosting investors’ confidence and encouraging more patronage in the Nigerian capital market, the Nigerian Stock Exchange (NSE) has launched a platform that will allow interface between the NSE and the investing public, as well as other stakeholders.

Despite the slow recovering of the stock market, Oando Plc has taken the bulls by the horns to spearhead the recently introduced book building in the Petroleum marketing sub sector of the Nigerian Stock Exchange (NSE) by way of offer for sale.

The Federal Government is to implement a 25-year port master plan to maximise the opportunities and potentials of the nation’s seaports.

The National Pension Commission of (PENCOM) said it has adopted zero tolerance for any infraction on Corporate Governance principles among operators in the industry.

A financial analyst, Mr. Tola Odukoya, has predicted a significant growth in the corporate bond market in Nigeria to N192 billion ($1.28 billion) by the end of the year 2011, rising from N87.17 billion ($581million) in 2010.

183 microfinance banks have applied for access to the Lagos State Microfinance Institution (LASMI) Fund through the Lagos State chapter of the National Associa-tion of Microfinance Banks (NAMB).

The global software giant, Microsoft Corp, Tuesday, announced the launch of the latest version of the world’s most-used browser, Internet Explorer 9 in 40 languages around the world, including English, French, and Portuguese for Africa.