The failure of the housing policies of successive governments in Nigeria to effectively address the chronic shortage of affordable housing in the country has been attributed to the culture of cash and carry financing in the real estate industry.

If there is one thing so many see today as a means of relaxation, it is football and it has actually turned out to be the easiest means of uniting people from different locality, region and even country as the case may be.

Generally referred to as the Grandmaster for his pioneering role in the financial sector, Otunba Subomi Balogun, Chairman of the First City Group, is reputed with the establishment of the first indigenous stock broking firm, issuing house and investment bank in Nigeria. In this media chat, he reflected on how he moved from law into banking, and how he arrived at his succession plan. Excerpts.

In what is an unprecedented error by any regulatory body of its caliber, the Central Bank of Nigeria (CBN) has admitted that there were mistakes in the recent revocation of the operating licenses of 224 microfinance banks (MFBs).

Having improved the professional ethics, eliminating quacks and increasing the coffers of the Nigerian Institute of Estate Surveyors and Valuers (NIESV), the Chairman Lagos State chapter, Mr Elias Ovesour, in a recent chat with Dotun Ibiwoye stressed that deviating from the norm, a change in the value system, right leadership and focus on infrastructural development can upgrade any organization and the Nigerian econom

The indicators for measuring the market performance, the market capitalisation and the All share index appreciated last week by 3.13 per cent each.

The rising unemployment rate can be curtailed if Nigeria and Nigerians are willing to go back to farming, which was the country’s mainstay prior to the discovery of oil in 1956 at Oloibiri, Bayelsa State.

Nigeria’s long history with conflict and bloodshed begins not long after its independence from British Colonial rule in 1960. Six years later, Army officers executed the then Prime Minister and two of his cabinet colleagues in the of the country’s first of many coup d’etats. Political upheaval stoked social fires as religious, ethnic and regional disparities billowed over to create a climate of official persecution and brutal governance.

THE Nigerian Export Promotion Council (NEPC) has concluded arrangements to formalize the sale of works of Nigeria actors, actresses and musicians in the international market.

THE President, Abuja Chamber of Commerce, Industry, Mines and Agriculture (ABUCCIMA), Mr. Dele Oye, said that the decision of Central Bank of Nigerian, CBN, to withdraw licenses from 244 micro-finance banks will have negative effect on the economy.