Inflation rate accelerated to 7.8 per cent year-on-year in March following increases in the  prices of major items in the food basket, the National Bureau of Statistics (NBS) said yesterday.

The Corporate Affairs Commission (CAC) has planned to develop new business registration software that will make it easy and possible to carry out registration services and conduct searches on registered businesses online.

Governments at all levels, multinational oil companies, security agencies and host communities have been urged to play more active  roles in stopping the menace of crude oil theft.

Worried by non performance of most of the Micro finance banks operating in the state, the Niger state government has begun moves to review their activities.

Wednesday’s Eurozone CPI inflation report is expected to act as a pivotal point for monetary policy in the region, with inflation actively impacting monetary policy.

On the sidelines of the just concluded, hugely successful Lagos Economic Summit, (EHINGBETI 2014), Lagos State Governor, Mr Babatunde Fashola (SAN) met with a high powered French business delegation under the aegis of MEDEF International whose members made useful enquiries about the prospects of investing in the water and other critical sectors of the Lagos economy.

Lagos State Governor, Mr Babatunde Fashola (SAN) has formally commissioned the Eko Signature, a part of the Eko Hotels and Suites in Victoria Island, with an assertion that the new outfit represents a vote of confidence in the policies and the programme that the State Government has implemented towards ensuring that businesses thrive.

Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has projected that when new investments on facilities for rice production and processing become fully operational, the staple food rice would be adding about $9 billion yearly to the nation’s Gross Domestic Product (GDP).

The American Consul General in Nigeria, Jeffrey Hawkins, Chairman of Honeywell Group, Oba Otudeko and President, Dangote Group, Alhaji Aliko Dangote, are some of the participants expected at the Oyo State Economic Summit which hold on April 14 and 15, 2014 in Ibadan.