The Lagos Chamber of Commerce and Industry (LCCI) has flagged off the 2009 Lagos International Trade Fair (LITF) prospectus.

The commitment of the bank to infrastructure development and poverty alleviation across the country appears irreversible as it opens new branch at Ijebu Ode with a promise to join forces with the Awujale’s palace to strengthen the poverty alleviation programme and make the people to be more economic self-reliant, Lucky Fiakpa writes

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Several friends and acquaintances, both within and outside the media have contacted me lately for my reaction to the recent change of guard at our country’s Central Bank! My callers were generally rather disappointed at my tepid response of ‘let’s wait and see.

In this interview conducted by Naomi Uzor, the President of the Lagos Chamber of Commerce and Industry, LCCI, Chief Solomon Onafowankan, believes the way things are in the country at the moment, the leaders may just be creating more poverty instead of taking people out of it. Excerpts

The newly appointed governor of the Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, has said that exchange of ideas and critical analysis of the banking industry are critical tools in the sustenance of good corporate governance.

The Central Bank of Nigeria (CBN) has been urged to increase the number of specialised banks in the country.Officials of the Manufacturers Association of Nigeria (MAN) and the Lagos Chamber of Commerce and Industry (LCCI) told NAN in separate interviews on Thursday in Lagos that the increase would enable the real sector to have more access to credits.

The assumption of duties last week of the new management team at the bank also mean a task of redefining and reinvigorating the bank that has gone through a period of severe crisis occasioned by the irregular sale of the shares divested by the O’dua Group, Lucky Fiakpa writes

After a meritorious 24 months reign as president of the 50-year old Chartered Insurance Institute of Nigeria, Mr. Adeyemo Adejumo, will on June 19 hand over the mantle to a new president of the Institute, Patience Saghana writes

Following the recent signing of the Public Procurement Act (PPA) and the setting up of the Bureau of Public Procurement (BPP), experts in the sector have called for increased participation by all Nigerians, through effective monitoring of all procurement exercises in the public sector.

Profit-taking activities by investors in the Nigerian capital market for the most part of last week, accounted for a dip in the value of quoted securities in the Nigerian Stock Exchange (NSE), as the total value of listed equities dropped last week by N72.98 billion.