BANKERS in the country under the aegis of the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, have warned that the nation’s economy was grinding to a halt as a result of lack of credit facility and high interest rate.

The Group Managing Director/CEO of Skye Bank, Mr Kehinde Durosinmi-Etti, has urged lawmakers to restrict the requirement of governor’s consent on land transaction as it is unnecessary for mortgages, subleases and other land transfers.

Integrated Capital Services Limited, ICSL, is poised to recapitalise its operations and diversify into energy, commodities and currency trading.

The Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, CON, will be examining the impact of the Asset Management Act and recent monetary policies of the CBN on at the Regulators Forum of the 16th Nigerian Economic Summit (NES).

Mr Desmond Emezie, the Managing Director/Chief Executive Officer of Emezie Desmat Ventures Limited, a solar energy outfit, has said that for Nigeria to attain her Vision 20-20-20, the electricity problem must be dealt with and for that to happen, the government must explore all sources of energy especially renewable energy. In a chat with Vanguard in Lagos recently, he spoke on the need for more people to go off-grid as everyone cannot depend on the national grid.