On the 1st of October 2020, President Buhari launched the Artisan/Transport scheme under the Survival fund program. 333,000 artisans and transport businesses will be provided with 30 thousand Naira Grant each to reduce the effect of income loss during a pandemic. The following clusters have been identified as targets: ARTISAN CLUSTER Mechanics Associations and unions […]
When it comes to investing money in a company, there are generally three ways one can do it. The first is through the stock exchange where small units (or more) of a company can be bought at prevailing market prices. The second one is venture capital; it enables new companies that are not quoted to […]
Nigerian Youth Investment Fund NYIF is a government initiative created to boost the Nigerian economy through leverage and access to finance for youths. The NYIF aims to reach 500,000 youth annually between 2020 and 2023. Each fund approval will range from N250, 000 to N50, 000,000, with a spread across group applications, individual applications, working […]
Social media is one the fastest digital marketing platform that promises rapid growth for small businesses, in terms of global and local reach. Before the rise of the digital world, if a business wanted to gain the attention of their customers, they had to first pay a huge amount for a TV or radio space. […]
What exactly is brand merchandising – a big name, I suppose, but it’s not. Merchandising is the use of promotional materials like flyers, banners, t-shirts, pens, cups, etc. to promote your product or service to people. Before we had the digital boom that we see today, there was the distribution of fliers at marketplaces, t-shirts, […]
The Poultry Association of Nigeria (PAN) has urged the Nigeria Labour Congress (NLC) to stand against organisations recruiting Nigerians on contract basis. Mr Ezekiel Mam, National President of the association made the call while speaking with the News Agency of Nigeria (NAN) in Abuja. Mam frowns at the rate some organisations, both corporate and private, […]
Taking your business online is one thing; managing it online effectively is another thing. With the advancement of modern technologies, as a small and medium business growing in a competitive market, you need to keep up with trends and opportunities. Digital marketing can be defined as interactive marketing of products or services using digital technologies to […]
For every five businesses springing up, only one cross the five-year survival threshold. This is mostly a case of not leading the business in the right direction. As a business owner seeking to position your SME for growth and sustainability, scaling profits while at it, what’s the missing factor you should leverage upon? Beyond having […]
With unemployment rising at an alarming rate of 2.7 per cent, growing insecurity and hunger, rising debt profile and capital flight, it is a matter of urgency to engage the youth fully. The Nigerian youth is key in unlocking the potential of agriculture and creating wealth for the nation. The objective of the rally is […]
The management of a successful SME in Nigeria requires in-depth knowledge, and one of the ways to achieve this is by keeping a business expense sheet. A business expense sheet is simply a detailed report that tracks all the expenses incurred in the performance of contractual obligations for a client or during the execution of […]
