AS part of its support for government’s efforts in eradicating guinea worm and other water borne diseases, Dufil Prima Foods Plc, makers of Indomie Instant noodles has embarked on various water projects in several rural communities across the county.

The Federal Government said on Wednesday that it has approved the second phase of the State Governance and Capacity Building project, which would be assisted by the World Bank to the tune of $18 million. This is even as the World Bank has alleged that the absence of key fiscal responsibility and public procurement laws in some states has hampered the progress of the first phase of the project, which began in October 2005, in Bauchi, Cross River and Kaduna states.

Despite the bearish trend in the Nigerian capital market, a slight improvement was recorded in the share prices of some of the listed equities, as Benue Cement Company Plc and 21 other quoted companies recorded share price gain.

Following the controversy generated by recent ratings of banks in the country by a number of rating agencies, shareholders, under the aegis of Proactive Shareholders of Nigeria have emphasized the need for Central Bank of Nigeria (CBN) to commence full control of all ratings on Nigerian banks before it is published.

The Federal Government has commenced moves to formulate a national land policy aimed at reforming the nation’s land laws, with a view to accelerating the procedure for obtaining title to land in the country, which had hitherto been slow and inefficient.