LAGOS based Attrium Consultants has said that it’s set to promote the country’s investment opportunities through its upcoming Leadership and Management Conference scheduled to hold next week in the State.

The Lagos State government is exploring modalities that will facilitate provision of affordable housing, especially for low income earners in the state, through mortgage facilities.

The Central Bank of Nigeria, CBN, has said in other to protect depositors’ funds, it would no longer tolerate insider dealings presently going on in the microfinance banking sector as it would hand over managing directors and directors who abuse office privileges by engaging in such practices to the Economic and Financial Crimes Commission, EFCC.

It is now certain that increase in prices goods and services inflation, is rising, and unfortunately quite earlier than anticipated by monetary authorities and even economic experts. But there is uncertainty and divergence of views on how to ensure that prices remain stable or experience minimal increase.

Director General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh who was a guest speaker at the 2010 Kikonyongo Capital Markets Awards, Kampala, Uganda and also on a working visit to Capital Market Authority and Nairobi Stock Exchange in Kenya respectively last week x-rays why African’s capital market regulatory authorities need to create enabling environment to attract Small and Medium Scale Enterprises (SMEs) to source funds from the market.

The Lagos State government seem to be paying lip service to provision of affordable housing after all, going by the prices of houses at its millennium housing schemes across the state.

Access to affordable housing will continue to be a mirage in Nigeria for as long as the practice of selling houses in the country continues to be on ‘cash and carry’ basis.

INDICATIONS have emerged that some banks have been discreetly easing out staff in a fresh wave of retrenchments in the nation’s banking sector, even as the dust raised by the recent retrenchments which claimed not less than 10,000 workers occasioned by Mallam Lamido Sanusi led Central Bank of Nigeria, CBN reform, is yet to settle.

The bullish trend recorded in the Nigerian Stock |Exchange (NSE) last week, is expected to continue this week.
However, the market is expected to record a slowdown at the beginning of the week, as investors begin to trade off their shares so as to take advantage of the few price gains recorded over the past couple of days.

At a security awareness seminar organised for the new members of the then Acting President Jonathan’s administration on April 17, 2010, General Aliyu Mohammed Gusau (rtd) spoke on a number of national issues, chief among which is the banking reforms being undertaken by the Governor, Central Bank of Nigeria, CBN, Mallam Lamido Sanusi.