BETWEEN 1994 and 2006, about 48 banks ceased to exist for sundry reasons. Some of the people that had money in these banks, assumed that their money died with the banks. It is not so. Part of their deposits were insured by the Nigeria Deposit Insurance Corporation (NDIC). In the last two editions, we explained how deposit insurance works, the maximum insured deposit, liquidation dividend.

AS the set time for the actualisation of the Nigerian Stock Exchange, NSE, $1 trillion market capitalisation approaches, capital market operators have advised the management of the Exchange to intensify efforts of wooing companies in the upstream and downstream oil and gas and telecommunication sectors to list.

THE Federal Government has threatened to sanction a Chinese Company, CBEA of China, the manufacturer of the 150MVA transformer that caught fire at Oshogbo Transmission Region, in Osun State, if investigations showed that the product was substandard.

May & Baker Nigeria Plc has called for a special collaboration among capital market regulators, operators, pharmaceutical and healthcare companies to create a special funding window for the industry.

EFFORTS to increase the consumption of Liquefied Petroleum Gas, LPG, also known as cooking gas in the country are being undermined by lack of access to cylinders in the market.