It is the responsibility of government to provide employment and security for the people, among other things. However, since government cannot provide full employment for the people, what it does is to provide the enabling environment for non-state actors to bridge the gap. These non-state actors include small and medium scale enterprises, among others.

Organised Private Sector Operators, government agencies and officials of ECOWAS and development partners are pushing for full implementation of the Economic Community of West Africa States, ECOWAS’ trade liberalisation scheme to expand trade and investment in order to widen the scope of business activities in the region. This has become imperative following the economic downturn of member states and Nigeria’s bid to diversify its economy.

Unlocking the full potentials of Nigeria’s Small and Medium Scale Enterprises (SMEs) segment will boost the economy, experts have said. They stated that that the development of the SMEs will depend on the ability to deploy the most effective combination of strategy, resources, planning and diligent execution of projects.

United Bank for Africa, UBA Plc has recorded a growth in total assets, hitting N3.3 trillion for the audited half year result ended June 30, 2016. The bank has also announced an interim dividend of 20 kobo per share for the half year period, 2016, with a gross earnings of N166 billion, net operating income of N109 billion and profit before tax of N40 billion.

The 22nd Chairman of the Nigerian Insurers Association, NIA, Mr. Eddie Efokoha has said that it will be rewarding for the entire insurance industry to harness unity, togetherness and join hands with other sectors for the betterment of the sector.