Engineer Andrew Idowu Desmen is a mechanical engineer who runs an organisation called The Facilitators working in partnership with Taiwo Fadare of Project Bureau and Mr. Pelumi Aribisala. The Ibadan-based outfit is into training programmes and facilitations for moribund organisations. In this chat with Financial Vanguard recently, Idowu said they are in the business of reviving stagnant organisations, assisting farmers and scientists to get to the end-users directly. Excerpts:

A bearish trend was recorded on the Nigeria Stock Exchange, NSE last week as the market capitalization dropped by N133.21 billion.

Ecobank Transnational Incorporated Plc, ETI, has said that International Finance Corporation, IFC, has invested a total sum of N15.6 billion ($100 million) in the bank by way of common equity.

The Federal Capital Territory Administration (FCTA) will in line with its ongoing efforts to sanitize the real estate sector in the Nation’s Capital, introduce Rents Regulatory Agency (RERA), in order to ease the burden imposed on the residents through costly annual rents.

…as UN envoy calls for proper coordination of NFIS
The Central Bank of Nigeria (CBN) has pushed forward the launch of the N220 billion Micro Small and Medium Enterprises Development Fund (MSMEDF).

The Agricultural Transformation Agenda (ATA) has all the potential of transforming the agriculture sector given the federal and state governments’ commitment to the success of the programme.

Chief Architect of global IT security and risk management company, Wini Group, Mr Tim Pearson last week dropped an alarming hint that unless various Nigerian businesses littering the online space take issue of virtualisation seriously, they may likely suffer one form of malicious attack or the other.

Mr. Abiola Akinyele, the Nigerian Director for FXTM Trading West Africa Limited has warned the investing public that Foreign Exchange, Forex, investment and trading is more complex than it is usually defined, stressing that there is high level of risk involved.

A global payment technology company, Visa, last week introduced a new web-based tool; Visa Intellilink spend management, which allows corporate card customers monitor and control expenses and combat wasteful spending.

FBN Capital has rated Fidelity Bank Plc third quarter result higher as its Profit Before Tax (PBT) has grown strongly for two consecutive quarters.