The declining trend on the Nigerian Stock Exchange NSE continued, Wednesday, as equities value, represented by the market capitalisation dipped by N30.90 billion.

Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Business Women Group (NAWORG), has implored the Federal Government to ensure that issues affecting women development are tackled through effective legislation and policies, saying that there is need to establish a Women Bank to enable women get access to credit facilities without hurdles, to provide an enabling environment to boost entrepreneurship among Nigerian women.

COORDINATOR of Women In Export Development Programme, WEP, of the Nigerian Export Promotion Council, NEPC, Mrs. Evelyn Obidike has said that the vision and growth strategy of the export agency is to envision the primary group as a global class of successful business women, providing entrepreneurial leadership and role models in export activities in the nation’s non-oil sector and shared prosperity for all, adding that part of “our stategic objectives is to create conditions for Nigerian women-owned companies in export business to play key roles in the country’s non-oil expoprtsector.”

Oil prices rose slightly, supported by data showing China, the world’s second largest oil consumer after the U.S., are growing faster than expected. This offset worries prompted by lingering concerns about the spreading European debt problems.

A new United Nations report released Tuesday on development in Africa calls for increased manufacturing on the continent to reduce poverty.

The naira on Wednesday depreciated in the official and interbank market following failure of the Central Bank of Nigeria (CBN) to meet demand at the bi weekly foreign exchange auction.

The chairperson of the Trade Policy Review Body of the World Trade Organisation, WTO, Ambassador Mario Matus, has commended the Nigerian government for its robust and broad-based economic reforms, at the 4th WTO Trade Review.

The Managing Director, Cement Company of Northern Nigeria (CCNN) , Sokoto , Mr Alf Karlsen, said on Wednesday that the firm planned to raise N45 billion for a new one million tonne production line.

The worsening euro zone debt crisis threatens to sink the share flotations of two Spanish savings banks needing to raise billions of euros, analysts said on Tuesday.

The Nigeria Social Insurance Trust Fund (NSITF) yesterday announced plans to kick-start implementation of the Employees Compensation Scheme to cover all workers who get injured in the place of work.