EXPERTS have identified critical issues that hamper the growth of liquefied petroleum gas, LPG, also called cooking gas consumption in Nigeria, even as Nigeria has lost access to World Bank loan due to low consumption.

European Union (EU) has expressed concern over mixed response from foreign investors into Nigeria due to consistent drop in the country’s Foreign Direct Investment (FDI) from $8.9 billion in 2011to $4.9bn in 2014.

JOS- THE National Metallurgical Development Centre, NMDC, has trained over 40 graduates under the foundry practice programme for youth empowerment of the Small and Medium Scale Enterprises Development Agency of Nigeria, SMEDAN.

G. Glentos, a company based in Thessaloniki in Greece has introduced Kibo bullet guarding facilities into the Nigeria market.

Stakeholders in the financial market have expressed dismay over the rate at which public companies violate extant rules of their respective regulators, thereby attracting heavy fines. According to a cross-section of key shareholders that spoke with Financial Vanguard, recklessness and carelessness on the part of companies’ chief executives that give rise to such penalties should be curtailed, or the board and management of such companies should either be sacked or be made to pay the fines instead of using shareholders’fund.

The technological revolution of the past 150 years has given people around the world easy access to everything from smartphones to life-saving medical devices. While one may not yet be aware of all the implications of our hyper-connected society, it is abundantly clear that the rapid growth in the capability and availability of smart technology is a net positive for everyone. However, despite the progress that has accompanied bringing futuristic technology to so many homes, the technological revolution has had a negative impact on the environment and emerging markets still lag far behind their developed peers.

Chief Executive Officer of e-commerce solution provider, Slimtrader, Femi Akinde has identified capacity building as a critical ingredient to unlocking the potential of e-commerce in Nigeria. Akinde who was speaking at the Africa Technology Summit in Ghana highlighted the need for employers to train people in order to achieve set business goals, while identifying talent acquisition as one of the major challenges confronting the sector.

National Bureau of Statistics, NBS, has recorded an explosion in the demand for data and statistical information both from international and local interests. Key data request indicators at the NBS show that in 2005, just under 50,000 reports were downloaded from the NBS website compared to over three million in 2014, just as requests for data by walk-in users which was 23 in 2005 rose to 1,817 in 2014.

Chairman of Nigerian Insurers Association, NIA, Mr. Godwin Wiggle has assured that the Association will continue to support the Chartered Insurance Institute of Nigeria, CIIN, to move the insurance industry forward. Wiggle made the assertion when the CIIN President, Lady Isioma Chukwuma paid a courtesy visit to the NIA in Lagos.

The question of why Nigeria has not been able to sustain generations of successful businesses has been addressed differently by experts, but former Federal Inland Revenue Service (FIRS) Executive Chairman, Mrs. Ifueko Omoigui-Okauru, attributed it to poor visual ability. She cited Germany as example of country that has maintained fifth generation of SMEs, global and family businesses, in her keynote address at the 2015 WISCAR end of year graduation and 4th award presentation ceremony with theme: “Women Leading Change” in Lagos.