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Lagosians to book mini buses on mobile app

An Information Technology (IT) firm, Matatu, has perfected plans to launch a Tricycle and Mini Vehicle mobile application across Lagos state.

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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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