The 3rd Enterprise Exhibition organised by the Bank of Industry (BOI) and Compass Consulting UK Ltd has been scheduled to take place from September 7 to 11, 2009 in Abuja and Lagos.

Investors’ woes were heightened last week, as the value of their investment in quoted securities on the Nigerian Stock Exchange (NSE), dipped by N334.89 billion.

The global economy is emerging from a deep downturn but the recovery will be sluggish and unwinding stimulus measures too soon could derail an upswing, IMF Managing Director Dominique Strauss-Kahn said on Friday.Speaking at a Bundesbank conference in Berlin, Strauss-Kahn expressed concern about the risks of a rise in unemployment, which he said could lead to a decline in potential growth and social consequences he said were “even more worrisome”.”

Arrangements have reached an advanced stage for Pinnacle Point Group(PPG) Plc, a South Africa based company to float a rights issue of N1.9billion in the Nigerian capital market.

Manufacturers catch cold as global sugar prices shoot higher, reports Franklin Alli.
“Hike in the prices of sugar has led to significant drops in our profits. You can’t make bread without sugar. This is the major problem confectionaries and bakers are facing now. No single baker is making profit ,” said Chairman, Association of Master Bakers and Caterers of Nigeria, Lagos Chapter, Alhaji Lateef Oguntoyinbo.