The Chairman of Association of Issuing Houses of Nigeria (AIHN), Mr. Bolaji Balogun, has called for the establishment of a stabilisation fund for the nation’s capital market as a way out of the downturn that has lasted for more than two years.

The National Association of Microfinance Banks (NAMB) said that the total performing loans of the banks stood at N81 billion as at March 31, 2012.

In the bid to curtail the incessant incidence of building collapse across the country, experts in the built environment have called for quick passage into law of the National Building Code to facilitate the regulatory process of policing construction of buildings.

Stakeholders in the housing sector have challenged the federal government over its targeted yearly delivery of one million housing units across the country.

The Central Bank of Nigeria of Nigeria (CBN) has banned indebted banks from lending to other banks in the interbank money market. It also banned banks that lend funds in the interbank market from accessing its lending facilities.

The German Manufacturing Conglomerate, BASF Chemical Company, has vowed to double African sales, projecting a turnover of 200 billion Euro as contribution from its African operations by 2020.

As eTranzact, a Nigerian switching and payment processing company gathered its partners and member banks to a forum in Lagos tagged Mobile Payment Forum, the company has confessed that despite infrastructural challenges facing growth of mobile payment in the country, there were bright chances that the cashless system would flourish beyond expectations.

The current year may not be rewarding for shareholders of Champion Breweries Plc, as the company may likely end the year on deficit going by the half year financial results recently released by the company.

The Lagos Business School has advocated the need for industrial research, as a catalyst for growth and quality management decision in an organisation.

Experts have called for more efficient ways to utilise and manage the pension funds as a buffer for infrastructure development in the country.