In renewed fight against the killer bread riser, potassium bromate, the National Agency for Food and Drug Administration and Control, (NAFDAC) weekend, stormed the popular Oja Tuntun market in Baboko area of Ilorin, Kwara State capital for a mop-up operation of the banned potassium Bromate suspected to be sold in the markets.

Alhaji Abubakar Ibn Garbai, Shehu of Borno, said on Friday that awareness on compulsory insurance policy should be taken down to the local councils to enable people at the grassroots understand its importance. Garbai stated this when the Board of Directors of the National Insurance Commission paid him a courtesy visit in Maiduguri.

Shareholders have warned local banks in the country planing to buy into the eight rescued banks whose executive man agement the Central Bank of Nigeria (CBN) sacked in August last year to stay away until the legal issues beclouding the intervention of the apex bank are sorted out.

Nigeria’s trade and investment relation with the rest of the world fell significantly in the first three months of the year, with foreign direct investments taking more of the heat as it dropped by 65 per cent.

Sometimes last year, the government actually admitted that over 90% of all new jobs in the country were being accounted for by the informal economy.

Cattle business, no doubt, is a big business employing a large number of people across the nation, especially in the Sudan and Sahel Savannah areas of the north where it is common to see entire families or communities earning their livelihood from cattle rearing.

Stockbrokers have come under the scrutiny of the investing public and the regulatory authorities in recent time as a result of despicable acts by some of them that worked against the rules of the market.

Teaching crafts is not a vocation or business you find the average Nigerian engaged in, but for Mrs. Modupe Adekunle, an English graduate, the desire to see children master little creative and home keeping skills gave birth to Kraftplus, a multi-creativity centre for children.
According to Modupe, her interest in handcraft was triggered by her mother who always told her that whatever she did with her hands would always feed her.

World Bank Vice for Africa Region, Obi Ezekwesili, told Clara Nwachukwu, Deputy Editor, Vanguard’s Sweetcrude, on the sidelines of the 2010 Diageo Africa Business Reporting Awards in London recently that ongoing financial reforms in Nigeria need to be sustained and focus specific.
Excerpt:

Despite the 2005 launch of the microfinance policy, which ushered in the microfinance banks (MFBs), the informal sector, through which billions of naira circulates, have largely remained unbanked and lack access to formal financial services, which is impacting negatively on the country’s economic growth and development.