Operators in the Nigerian Stock Exchange, NSE, have expressed concern over the planned demutualization of the NSE, stating that it is a ploy by the Securities and Exchange Commission, SEC, to usurp the exchange and sell it to its cronies.

The auto or car me-chanic has for decades been seen as a dirty, ignorant drop-out who has no mental capacity to compete with others in today’s hi-tech world. But such thinking has been proved wrong as many auto mechanics are graduates and certified professionals in their chosen field. Engr. Benedict John Okoh is the Technical Director of Automaze Nationwide Limited, a modern auto mechanic workshop

The renewed rivalry between Nigerian cable television companies and their South African counterpart, Multichoice Nigeria, owner of the Digital Satellite Television (DSTV) took a new twist recently when the later deployed into the market a hand held decoder; the Drifta.

After over two weeks that the federal high court ruled in favour of erstwhile Director General of the Nigerian Stock Exchange (NSE), Professor Ndi Okereke Onyiuke , nullifying her sack by the Securities and Exchange Commission(SEC), shareholders are worried over who leads the Exchange.

Ghana’s currency traded even against the dollar for the third day in a row, as recent central bank support balanced foreign exchange demand, traders said.

Underwriters in the insurance industry have decried the perpetual lodgment of 10 per cent of their capital base with the Central Bank of Nigeria (CBN) saying that the action which is a statutory requirement has not favoured them in any way.

Two years is a whole lot of time: enough to grow ideas and plans to magnificent importance. In leadership and management, such period had been used to make expressions bordering on efficiency and capacity.

The federal government has been called upon to adopt the Mexican housing model, whereby government provides land along with basic social infrastructure while developers are left with the task of building houses and selling them at cost.

Nigeria and China have signed a bilateral agreement to enhance food security in the country, following the recent visit of Chinese Government delegation to the country. This fact was disclosed to newsmen by Mrs. Fatima Bamidele, permanent secretary, Ministry of Agriculture and Rural Development while addressing a 15-man delegation from China led by its Vice-Minister of Agriculture, Mr. Zhang Taolin in Abuja. She said that Nigeria stands to gain from China’s expertise in agriculture.

Research into ways of improving agricultural produce has been described as key to food security. This was made known at the Gberigbe Piggery Estate, Ikorodu during the graduation ceremony of the Asela Farmer Field School and Field Day organised by the Lagos State Agricultural Development Authority (LSADA), an agency under the Ministry of Agriculture.

Custodian and Allied Insurance Plc posted N13.7 billion as Gross Premium Income for the 2010 financial year against N5.3 billion which was recorded in the previous year.

The Central Bank of Nigeria has set in motion plans to institute an almanac and awards for best food-producing farmers across the country, following recent list of 1,000 top farmers to be granted agricultural loans to boost food security in the country.

Nigeria’s foremost financial services group, First Bank of Nigeria Plc is renowned for being a national icon that constantly reinvents itself, its people and processes for excellence and market leading performance through robust transformation initiatives. Mr. Bisi Onasanya, the bank’s Group Managing Director and Chief Executive Officer, among other issues, speaks on how the transformation is enhancing First Bank’s value proposition.

The Central Bank of Nigeria (CBN) has been battling with two major problems in the last two years -rising inflation and low credit growth to the private sector. A fillip to these is the increasing pressure on the exchange rate vis-a-vis marginal increase in the foreign reserves. But when its Monetary Policy Committee met two weeks ago, it chose to address only inflation.

The projection by the National Insurance Commission (NAICOM) to hit N1.10 trillion Gross Premium Income (GPI) by 2012 is laudable, however, the purchasing power of the average Nigerian will determine the realisation or otherwise of the target.