At the administrative level, Nigeria needs radical changes in fiscal, monetary and industrial policies to both promote new enterprises and aid existing ones. The bulk of the problem is the impaired access for small and medium enterprises to capital markets.

The federal government has been called upon to set aside 25 percent of the nation’s Pension Fund through bonds for the development of low-cost housing in the country.

Quarter 4 of 2011 will see Euro Global Foods & Distilleries Limited, maker of Braveheart rum expand its production plant in preparation for the introduction of new spirits and wine brands into the market.

An appeal has gone to the House of Representatives to pass legislations that will facilitate the creation of mortgages and thus help increase the rate of housing delivery in Nigeria.

Before now, mission of businesses were primarily economic, but within the last few decades there have been shifts about companies Corporate Social Responsibilities (CSR) which have parallel and partly reflected the changing needs of the society.

Aviation Minister, Princess Stella Adaeze Oduah has warned foreign airlines operating in the country to desist, forthwith from all forms of discriminatory practices against Nigerian passengers. She pointedly warned that such unfair, deceptive and uncompetitive acts will no longer be tolerated by the Federal Government of Nigeria.

The need to sustain customer confidence and loyalty has prompted banks to increasingly embrace savings promotions.

Federal Mortgage Bank of Nigeria (FMBN) is targeting a minimum contribution of 15 percent to the nation’s Gross Domestic Product (GDP) by the mortgage sector by the year 2020, in line with government’s Vision 20-2020 agenda, declaring also that N56 trillion is required to tackle the housing deficit in the country.

An ambitious agenda for enhancing investment and governance across Africa creating sustainable growth was discussed by 120 public and private sector delegates from 25 countries around the world during the Inaugural Meeting of OMFIF in Africa at the South African Reserve Bank last week.

As hunger spreads among more than 12 million people in the Horn of Africa, a study by the International Livestock Research Institute (ILRI) as a response to Kenya’s last devastating drought, in 2008-2009, finds that investments aimed at increasing the mobility of livestock herders – a way of life often viewed as “backward” despite being the most economical and productive use of Kenya’s drylands – could be the key to averting future food crises in arid lands.