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NSE: Foreign investments inflow down to N16.10bn in February … as equities market halt rally

INVESTORS’ apathy for
investment in the stock market has continued to rise as both foreign and domestic investors’ participation on the Nigerian Stock Exchange, NSE, took a downward turn during the month ended February 28, 2017.

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Industrialisation and entrepreneurial revolution

IN 2009, the United Nations Industrial Development organisation (UNIDO) announced plans to conduct investor surveys In 22 African countries. A key goal of the survey in the case of Nigeria is to facilitate the creation of a Nigerian Industrial master plan. The programme will also evaluate the impact of policy on government efforts to promote rapid SME development. UNIDO officials in Nigeria claimed the survey would be of significant assistance to the private sector as well, helping expand operations and set performance benchmarks.

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Fidelity Bank to engage entrepreneurs on export businesses

FIDELITY Bank Plc has disclosed plans to engage entrepreneurs in export business with educative sessions that would help them to grow their export businesses by way of diversifying and solving their foreign exchange challenges. The bank also pledged its commitment to help Small and Medium Scale Enterprises, SMEs, in Nigeria particularly, the South East, to grow the zone’s economy.

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‘MSMEs constrained by absence of structures, operating environment’

CHIEF Executive Officers of Business Development Service Providers (BDSPs) organisations have identified numerous factors inhibiting the growth and development of the Micro, Small and Medium Enterprises (MSMEs) to include lack of adequate structures and harsh operating environment, amongst others. The BDSPs CEOs, unfolded the challenges during the Bank of Industry (BoI) customers’ engagement forum, tagged “Growing MSMEs in Lagos and Ogun States: The Challenges and Prospects.”

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Consumer Watch: Know the prices of goods,

By Funmi Ajumobi Basket of Tomatoes                                N8, 000-N9, 000 A bag of Pepper  (Rodo)                                      N5, 000-N7, 500 A bag of Long pepper                                                  N6, 500 – N7000 A bag Onion (white)                             N18, 000 – N20, 000 A bag of Onion (Red)                                                   N15,
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Nigeria’s ports record 59.5% increase in vessel calls, 80.1% in gross tonnage

DESPITE the recessionary economic environment Nigeria recorded about 59.5 percent increase in vessel traffic at the various sea ports in 2016. Director General of Nigerian Maritime Administration and Safety Agency, (NIMASA), Dakuku Peterside, who disclosed this in Lagos, yesterday, said that 370 vessels called at the ports across the country in 2016 as against 262 in 2015.

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