GENERAL Manager of the Calabar Free Trade Zone, Mallam Sadiq Kassim has picked holes on the ban on logging of wood in Cross River State by the government saying that the ban had promoted illicit logging business and corruption in the state.

Justice Christopher Balogun of the Lagos State High Court, Igbosere, has adjourned till May 31, to rule on an application by FinBank (successor of IMB International Bank Plc) to quashing the N670 million fraud charge against the bank.

A Belgian Group, Buck Consultants International is planning to stimulate and drive investments into Nigerian Free trade zones.

NIGERIAN companies have been called upon to get the ISO certification of their products, which ultimately represents quality management system standard. Director-General of the Standard Organisation of Nigeria, SON, Dr. Joseph Odumodu, who gave the advice at the official presentation of NIS ISO 9001: 2008 certificate to Intercontinental Distillers Ltd, IDL, in Lagos, said: “By this achievement, this company has joined the lofty class of quality management system certified companies in Nigeria.

The rise in inflation rate to 12.1 per cent in March implies that the Central Bank of Nigeria (CBN) should persist with its tight monetary policy, says Razia Khan of Standard Chartered Bank.