At the media interactive session organised by the Nigerian Stock Exchange, NSE, to appraise its performance in 2012, as well as make projections into the New Year, the Chief Executive Officer, Oscar Onyema, spoke on several issues bordering on stocks price movement, making the Exchange a public company (demutualisation exercise), the one trillion market capitalisation outlined for 2016 and other initiatives to further stabilise the market. He disclosed that the newly inaugurated market makers in the equity sector have not achieved enough depth as their participation is still below one percent.

The management of Dana Airline last week disclosed its plans to resume flight operations on the Lagos-Port-Harcourt route in the next two weeks.

Nigeria seems to be having two major problems as far as internet penetration is concerned. One is that of low penetration, another is poor women participation on the web.

Since formal land registration began in Nigeria in 1863, not more than 2.5 per cent of the land in the whole country has been registered.

There are fears in the insurance sector that the ‘no premium, no cover’ directive could slow down the momentum of business renewals in the first quarter of 2013, Financial Vanguard has learnt.