Why do many entrepreneurs who have brilliant business ideas never find the capital to transform their ideas into real life businesses? Why do most startup businesses fail to attract the loans and investments they need to grow and succeed?

The Nigeria Interbank Settlement System (NIBSS) and SystemSpecs Nigeria Limited have partnered with the Federal Inland Revenue Services (FIRS) to provide electronic payment of taxes in the country.

In the last edition, we published some of the responses of readers to the series on “You Can Invest”. Among other things, these responses reflect that Nigerians are interested in investment, and they are willing to learn, or acquire the necessary knowledge. Some of the responses were from young people, below 25 years, which is good for the future of the country.

The Nigerian insurance industry is entering a new phase in the form of transformation. Accordingly, insurers are imbibing the spirit of paying claims, even as the National Insurance Commission, NAICOM, is becoming more visible in its regulatory roles to ensure that claims are paid promptly.

There are indications that Honeywell group may to invest 150 billion naira ($750 m) over the next three years to fund growth across its businesses and also list one or two subsidiaries on Nigerian Stock Exchange, NSE.