Before his appointment as the General Manager of Abuja Sheraton Hotel, Danish national Mr. Morten Ebbesen also held same position at the Corinthia Hotels International, comprising the five_star Corinthia Beach Resort, Corinthia Hotel St George’s Bay and the adjoining Marina Hotel.

The Acting Director_General, Securities and Exchange Commission (SEC), Ms Daisy Ekineh, was Wednesday in Tel_Aviv, Israel, elected Chairman of the Africa and Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO).

As part of efforts to foster a cashless economy by encouraging the adoption and preference for card transactions in the Nigeria, Diamond Bank PLC has concluded plans to participate actively at the 2009 CardExpo Africa.
The Bank will be participating as a Platinum Sponsor at the event billed to hold in Lagos from June 16 to June 18, 2009 and will have an exhibition stand at the three day event.

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.

The bearish trend in the Nigerian capital market continued Wednesday, as the value of listed equities on the Nigerian Stock Exchange (NSE) dipped by N24.77 billion.

The strategic Relationship between Nigeria and China will be further strengthened as Mr. Jiang Jianqing, Chairman of Industrial and Commercial Bank of China (ICBC) Limited, visits the country.

Seven out of ten Africans earn their living by farming. According to researchers, the market for milk, meat, and staple food crops like maize, banana, sorghum, rice and millet within Africa is estimated at USD$150 billion a year—far exceeding Africa’s market for internationally traded cash crops like coffee, tea, and flowers. A year of record high food prices presents a unique challenge and opportunity for Africa. To benefit, African farmers must produce more food, but more importantly, they must have access to markets to sell their harvests at prices that benefit farmers and consumers.

The President, All Farmers Association of Nigeria (AFAN), Dr Abdullahi Adamu, said on Thursday in Abuja that more than 90 million Nigerians were under the threat of food insecurity.

Drug hawkers in Kaduna have defiled the ban placed by NAFDAC by selling drugs in the open markets, investigations by the News Agency of Nigeria (NAN) has shown.

A flurry of cases on “mysterious” disappearance of funds from bank accounts will soon be in the courts as bank customers insist on refunds for monies that were released by the banks without their authorisation NAN has reported
According to NAN’s report Bank customers have been complaining of unauthorised huge draw downs on their accounts in the last one year.