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Banks increase financial support to SMEs

Banks increase financial support to SMEs

By Phillip Oladunjoye Senior Correspondent Small and Medium Enterprises (SMEs) have been described all over the world as the bedrock of every nation’s economic success as they account for the…

SMEs and challenges of product adulteration

SMEs and challenges of product adulteration

By Phillip Oladunjoye Senior Correspondent  Stakeholders in the Small and Medium Enterprises (SMEs) sector of the economy have severally expressed their worries that the influx of substandard products in the…

FG set to establish development bank for SMEs

FG set to establish development bank for SMEs

By Phillip Oladunjoye Senior Correspondent    Succor may finally be on the way to address the funding challenge of operators of Small and Medium Enterprises going by the disclosure of…

SMEs reeling under yoke of glitches

SMEs reeling under yoke of glitches

Stakeholders in the Small and Medium Scale Enterprises (SMEs) sub-sector of the economy have lamented that poor access to market is the major challenge of players in the sub-sector. They…

Unemployment: ITF advocates synergy between government, NGOs

Unemployment: ITF advocates synergy between government, NGOs

By Phillip Oladunjoye Senior Correspondent    To bridge the gap of unemployment in the country, the Director General of the Industrial Training Fund, Dr. Juliet Chukkas-Oneako, has called for synergy…

SMEDAN tasks university students on entrepreneurship clubs

SMEDAN tasks university students on entrepreneurship clubs

By Phillip Oladunjoye Senior Correspondent  The Director General of the Small and Medium Enterprises Development Agency, (SMEDAN), Alhaji Bature Umar Masari, has urged students in Nigerian universities to endeavour to…

Skills acquisition as panacea to entrepreneurial development

Skills acquisition as panacea to entrepreneurial development

By Phillip Oladunjoye Senior Correspondent   Stakeholders in the industrial segment of the economy have continued to reiterate the need for skill acquisition by the youths as a way to…

Anxiety over job losses

Anxiety over job losses

For Cyril Udochukwu, a graduate of Marketing from Lagos State University, who decided early to engage himself in self employment, rather than go for paid employment, he opted for a…

Dematerialisation hurdles at the capital market

Dematerialisation hurdles at the capital market

  By Andy Nssien Business Editor   Dematerialization refers to the conversion of share certificates (physical paper form/certificates or documents of title representing ownership of securities) to an electronic form…

CBN and BoI initiatives

CBN and BoI initiatives

  As the debate on Sustainable Development Goals (SDGs) beyond 2015 intensifies, the inauguration of Micro, Small and Medium Enterprises (MSMEs) Council by President Goodluck Jonathan on Tuesday August 19,…

Nigeria loses over $6b yearly to crude oil theft, says TUC boss

Nigeria loses over $6b yearly to crude oil theft, says TUC boss

The State Chairman, Trade Union Congress of Nigeria (TUC) Rivers State, Comrade Hyginus Chika Onuegbu has called on governments at all levels and other employers to, instead of seeking to…

Implications of falling oil prices on Nigeria’s economy

Implications of falling oil prices on Nigeria’s economy

  The fall in the price of crude oil in the international market is sending economic and political shocks around the world. The hardest hit has been countries whose economies…

Equity Research: UAC property development company Plc

Equity Research: UAC property development company Plc

* Exploring the Mid-Tier Market 1.0 Q3 2014 Performance Analysis: The unaudited Q3 result of UACN Property Development Company Plc (UPDC) for the period ended September 30, 2014 shows that…

Oil slump: Why Nigeria opts for fiscal consolidation

Oil slump: Why Nigeria opts for fiscal consolidation

By Sylvester Enoghase Senior Correspondent   While the majority of countries around the world are expanding their social protection policy measures as a result of drop in oil price at…

Reducing poverty, improving food security through cooperatives

Reducing poverty, improving food security through cooperatives

Much has been said about how to improve the lots of Nigeria’s rural poor, especially smallholder farmers, since the Federal Government’s Agricultural Transformation Agenda (ATA) seem to focus more attention…

There is nothing like multiple taxation in Lagos state – Fowler

There is nothing like multiple taxation in Lagos state – Fowler

Address him, as the number one tax collector for Lagos State government and you may not be far from the truth. Mr William Babatunde Fowler is the Executive Chairman of…

A new paradigm for post 2015 MDGs Devt agenda

A new paradigm for  post 2015 MDGs Devt agenda

By Sylvester Enoghase Senior Correspondent   As part of global discussions on the post-2015 development agenda, recent  conversation and activities at the two-day Presidential Summit on the MDGs and the…

NMRC and task of mortgage refinancing

NMRC and task of mortgage refinancing

The Nigeria Mortgage Refinancing Company (NMRC), a special mortgage refinancing vehicle, officially launched by President Good luck Jonathan in January, is a private sector driven company with the purpose of…

Ebola: ICAN set to protect participants at annual conference

Ebola: ICAN set to protect participants at annual conference

In view of the current outbreak of Ebola in West Africa and its penetration into Nigeria, the Institute of Chartered Accountants of Nigeria (ICAN) has taken measures to protect its…

ELAN: Galvanizing engine for automotive industry

ELAN: Galvanizing engine for automotive industry

By Andy Nssien Business Editor   Nigerians woke up one morning to face the stark reality that the “Tokunbo’ cars which had been the hope of the poor getting a…

Stemming tide of unclaimed dividends

Stemming tide of unclaimed dividends

By Andy Nssien Business Editor   Unclaimed dividends in the coffers of quoted companies  hit an all time high  of N60 billion as of December last year and is still…

Stock market staging a come back

Stock market staging a come back

By Andy Nssien Business Editor   Shareholders in Transnational Corporation of Nigeria Plc (Transcorp) are striking it rich, carting home returns as much as 1076 percent.  This is because, the…

Optimising fortunes of Nigeria’s Sovereign Wealth Fund

Optimising fortunes of Nigeria’s Sovereign Wealth Fund

By Andy Nssien Business Editor   In many parts of the world, Sovereign Wealth Fund (SWF) has become  an effective tool to transform the economic landscape and development aspirations of …

Jigawa has benefitted from privatisation – Sagagi

Jigawa has benefitted from privatisation – Sagagi

Dr. Muhammas Sagagi is the Director- General, Jigawa State Advisory Council on Economic Management and Investment Promotion. He tells SPECIAL CORRESPONDENT, Chibunma Ukwu, the privatisation efforts of the Governor Sule…

There is need to re-define institutions for regulation – ELAN boss

There is need to re-define institutions for regulation  – ELAN boss

The revised guidelines for finance companies operating in the country was released recently by the Central Bank of Nigeria.  At the stakeholders forum held in Lagos, participants  bared their minds…

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