Following a successful Eurobond bond issue, where it raised about $300 million in May this year, Fidelity bank said that it will continue to access both local and international financial market for its funding needs as events warrant.

The Chartered Institute of Stockbrokers (CIS) and Association of Stock broking Houses of Nigeria (ASHON) have faulted the newly increased capital base for capital market operators by the Securities and Exchange Commission, SEC saying it was ill timed and uncalled for at this moment in time that the market is experiencing recovery from the global meltdown.

Nigeria’s mobile application developers and founder of Mobile Enterprise Technology, MET Peter Akporume and Henry Afekuana have said that their latest e-solution, Mobi-manager, will help to drive growth in Small and Medium Enterprises in Nigeria.

Diamond Bank PLC, has announced the name change of its flagship savings account in a bid to cater to a larger section of the public. Hitherto known as ‘Diamond SavingsXtra’, the account has now been renamed ‘DiamondXtra’.

History was made on Thursday, December 19, 2013 in Abuja. But, it was not the sort of history which any President would like to want recorded or remembered. Since the return to democratic rule in 1999, the President of Nigeria had always gone to present the budget to the joint session of the National Assembly, NASS. Though the presence of the Head of State is not categorically required by the constitution of Nigeria, the presence of the President was a symbolic gesture indicating that the annual budget is a joint responsibility of the Executive and legislative branches.

Many Nigerians may have been put at the receiving end of a policy decision by the Federal Government as the deadline for the ban on fish importation into the country approaches in the New Year.
It is believed in many quarters that the directive by the Federal Government to ban fish importation, unfolded through the Minister of Agriculture and Rural Development, Mr. Akinwunmi Adesina, is a ploy to deny the poor masses their only cheap source of protein.

Crisis is brewing between the Federal Government and oil workers under the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and National Union of Petroleum and Natural Gas Workers (NUPENG) as the two unions have vowed to embark on a nation-wide strike following the move by government to privatise the nation’s four refineries in Kaduna, Port Harcourt and Warri by first quarter of 2014.

As the festive period approaches the Oyo/Osun Customs Command of Nigeria Customs Service, NCS, has been recording massive seizures of rice in its daily operations. When Sunday Vanguard visited the Command, it was observed that its ware house was filled to the brim with seizures, mostly rice.

With just a few days to Christmas, traders in major markets in the country especially in Lagos are lamenting low patronage even as prices of foodstuffs and other household goods take the usual dimension of increment.

Indications have emerged on why the Economic and Financial Crimes Commission EFCC has declared war on Nigeria’s former head of Service, Mr. Stephen Oronsoaye.

In order to achieve its one trillion dollar market capitalisation target, the Nigerian Stock Exchange, NSE, has assured that it will give all necessary supports to the operations of GTI Securities trading floor as part of efforts to deepen the capital market as a catalyst for national development.

AN environment expert, Mr. Rufus Ebegba has raised alarm over the influx of Genetically Modified foods into the country through porous borders, as there was no law to safeguard the lives of the people.

Boosting productivity, fostering competitiveness and ensuring that small-scale farmers have greater access to markets are key to West Africa realizing its full agricultural potential, according to a new study released today by FAO and the International Fund for Agricultural Development (IFAD).

The Director General, Federal Institute of Industrial Research (FIIRO), Dr. Gloria Elemo, said that availability of funds has limited the scope of the institute’s research and ability to deliver effectively.

The Acting U.S. Consul-General in Lagos, Mrs Dehab Ghebreab, on Thursday urged Nigerians to always examine the newly introduced $100 note in any transaction