It’s 2020 and the world is evolving at top speed. The world is becoming digitally globalized and the system is saturated with groundbreaking business opportunities. Nigeria is not left out as men and women are making history in the business world today. You’re reading this article and you want to start a business. Maybe you […]
In the midst of the COVID-19 pandemic and its consequent global economic crisis on small businesses on the African continent, the GreenTec Capital Africa Foundation, together with the French Development Agency, will hold a summit which seeks to support and encourage the growth of startups in francophone African countries. The GreenTec Capital Africa Foundation (GCAF) […]
In an effort to alleviate the impact of coronavirus pandemic on businesses, houses holds and regulated institutions, The Central Bank of Nigeria has said it is giving a one-year moratorium on all principal repayments for COVID-19 intervention loans through its participating Other Financial Institutions with effect from March 1, 2020. The apex bank said this […]
Many aspiring entrepreneurs these days feel attending business school is a waste of time. After all, moguls like Steve Jobs, Oprah Winfrey, and Richard Branson never attended business school. However, not all of us can be the same. If you have access to a business school, attending will be great. You get to enjoy a […]
In advancement of the Federal Government’s economic diversification policy, the Standard Organisation of Nigeria, SON, and the Technical Committee on Fruits and Vegetable Products are now working on an implementation of the draft codes of practices for the tomato value chain from planting, harvesting, processing and transportation to Storage. Director-General, SON, Osita Aboloma, stated in […]
The Interest rates on loans to the Small and Medium Enterprises to cushion the effects of the coronavirus on their operations introduced by the Central Bank of Nigeria will rise to nine per cent from five per cent in March 2021. The CBN disclosed this in its guidelines for the implementation of the N50bn Targeted […]
To lighten the effect of COVID-19, financial experts have advised the Federal Government to go beyond the 3.83 per cent aggregate stimulus response for Nigeria economy. They urged authorities to increase support for the Small and Medium Enterprises (SMEs) that constitute over 70 per cent of the economy to keep them afloat. The experts made […]
During the first quarter of 2020, Nigeria’s Gross Domestic Product (GDP) grew by 1.87%(year-on-year) in real terms. This performance was recorded against the backdrop of significant global disruptions resulting from the COVID-19 public health crisis, a sharp fall in oil prices and restricted international trade. The performance recorded in Q1 2020 represents a drop of […]
The National Agency for Food and Drug Administration and Control, NAFDAC, the weekend rolled out palliatives for the Micro and Small businesses including 80 percent tariff reduction for registration as part of compliance with the Executive Order on the Ease of Doing Business as well as a proactive response to the challenges of COVID-19 pandemic. […]
Outcries have risen from farmers in the poultry and fishery industries as they lament over the continued closure of hotels, drinking joints and other entertainment spots where their products are sold. They say the situation has taken a toll on their business. They are calling on the Federal Government to revive the Growth Enhancement Support […]
