Business activities last week resumed on a rather slow note in some parts of Abuja following the week long demonstrations by the organised labour and civil society organisations over the recent hike in pump price of petroleum products. The week long protests paralysed business activities in the federal capital territory.

Residents of the federal capital territory (FCT) are devising new methods and strategies to beat the rising cost of living in the federal capital. There has been a sharp rise in the cost of living following the increment in the price of petroleum products nationwide.

National Pension Commission (PenCom) has, in the last nine years, collected a total of N115.6 billion under the contributory pension scheme. The contributory pension scheme was introduced in 2004 following the introduction of the new pension scheme.

The federal government has ordered Ministries, Departments and Agencies, (MDAs) to stop immediately the practice of registering contractors and other service providers before such contractors could secure contracts from them.

Mr.  Andrew Lloyd, British High Commissioner to Nigeria last week in Abuja said Nigeria must roll up its sleeves and tackle the monster called corruption. Lloyd stated that without a significant drive to root out corruption at its core, Nigeria will not reach its unquestionable potential.

The Nigerian Economic Summit Group (NESG) has expressed satisfaction with the decision of the United States of America Export-Import Bank to drive more investments into the country.

The volume of trade between India and Nigeria has grossed over $14.6 billion (about N2.263 trillion), the High Commissioner of India to Nigeria, Mahesh Sacdev has said. Sacdev drooped the hint in Abuja at the India Day of the on-going sixth Abuja International Trade Fair.

Cotton farmers in Katsina State have pleaded with the federal and state governments to put necessary measures in place that would facilitate in exposing them to the international market.