IN 1907, the businessman, Samuel Herbert Pearse, built a hotel in Lagos. In 1939, Chief Green Mbadiwe built Greens Hotel on Ahmadu Bello Way in Kaduna State. By all accounts, the hotel business has been going on in present day Nigeria even before Lord Lugard’s amalgamation of 1914.

The Chairman of Nigerian Economic Summit Group, NESG, Mr. Kyari A. Bukar, who is also the Managing Director of Central Securities Clearing System, CSCS Plc in an interview with Vanguard spoke on a lot of issues affecting the economy, the upcoming 22nd NES as well as the activities of the Group and its contributions towards building a virile Nigerian economy.

Despite the unchanged Monetary Policy Rate, MPR by the Central Bank of Nigeria, CBN , investors in the Nigerian stock market, last week gained over N140 billion from their investment in shares as the Nigerian Stock Exchange, NSE market capitalisation rose from N9.563 trillion at the beginning of trading week to close last Friday at N9.703 trillion.

IN an apparent bid to enhance supply of foreign exchange to the bureau de change, BDC, segment of the foreign exchange market, Central Bank of Nigeria (CBN) last month directed that banks should sell $50,000 from proceeds of international money transfers ( IMT) to the 3000 BDCs in the country.

IN its quest to provide Nigerians with investment options to enhance their incomes, Eagle Global Markets, EGM has come up with Naira used global trading platform that put off pressure on Foreign Exchange, FX and gives more value to the local currency.