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Tag: Business

A Point of Sale machine
Business

Cashless policy: How to get PoS devices for your business

PosThe recent naira crisis experienced as a result of the redesign of the N200, N500, N1000 notes by the Central Bank of Nigeria has forced many Nigerians into cashless transactions. According to the Central Bank of Nigeria’s Governor, Godwin Emefiele, one of the reasons for this decision includes the hoarding of cash by the populace, […]

Business

Nasarawa boosts small businesses with N500m

Kazeem Owoseni     The Nasarawa State Government in collaboration with the bank of industry, has come up with another business strategy, by setting aside a total sum of N500 million as loans, to be given to the state’s indigenes for improving micro, small and medium enterprises across the the thirteen Local Government Areas, in […]

Economy

Encourage local production, Femi Adesina urges Nigerians

Wilson Adekumola     The Special Adviser on Media to the President, Femi Adesina, has urged consumers to patronise locally produced goods, especially in the agricultural sector.   He stated that more citizens will be financially encouraged when locally manufactured goods are patronized.   He made this call at a one-day seminar/exhibition organised by Zakclair […]

Business

Business strategists reveal secret to start-up growth

An idea consultant and strategist, Bayode Oke, has urged startups to give more attention to building structures and strategies to survive and grow in the long-run. According to The PUNCH, Oke made this known at a closed boardroom event tagged, ‘Strategic foresighting: A peep into the future of startups in Nigeria’.The business strategist revealed that […]

Funke Bucknor to host 2023 TEXA business conference
featured

Funke Bucknor to host 2023 TEXA business conference

The Event Xperience Africa Conference’s organizers have announced that their third edition, with the theme “The Reset,” will take place in January, and promises to be an impactful, immersive, and educational experience for professionals and business owners in the event industry throughout Africa. In a statement, Funke Bucknor-Obruthe, conference organizer and managing director/CEO of Zapphaire […]

Business featured

How Metaverse’ll impact businesses in 2023 – PwC

PwC, a leading professional services firm, has made six predictions about Metaverse and how it will impact businesses in 2023. The predictions, according to the firm, will help businesses position themselves without putting their organisations at risk. While the Metaverse is not yet ready for prime time, it has begun to create real business value […]

Liang
Business

Nigeria: UK to fund women-owned businesses with $100m

The British High Commissioner to Nigeria, Ms Catriona Laing, Wednesday said the United Kingdom government has launched a $100 million program through the First Bank of Nigeria as direct funding to women-owned enterprises in Nigeria. Laing made this known at the ongoing Gender and Inclusion summit organised by the Policy Innovation Center, an initiative of […]

Buhari
Business

Buhari enhanced Nigeria’s businesses, says BMO

The Buhari Media Organisation has described the provision of about N785 Billion to Micro, Small, and Medium Enterprises in the country by the President, Major General Muhammadu Buhari (retd), regime through the Bank of Industry as a big boost to various business concerns in Nigeria. The group said in a statement signed by its Chairman […]

Business

Jumia CEOs step down as new management emerge

The co-founders of Jumia, Jeremy Hodara and Sacha Poignonnec, have stepped down as co-CEOs of the African eCommerce giant This is as the company announced several management changes, including the establishment of a new management board, according to TechCabal. While the search for a permanent CEO is ongoing, Francis Dufay has been named by the […]

Business Energy

Nigerian Breweries, CrossBoundary Energy signs $10m solar power deal

The largest renewable energy project in Nigeria’s commercial and industrial sector is being developed by Nigerian Breweries Plc and CrossBoundary Energy under a $10 million solar power agreement. The two solar and battery storage hybrid projects will be built by CrossBoundary Energy for Nigerian Breweries’ facilities in Ibadan, Oyo State, and Ama, Enugu State, according […]

AfDB, FCMB to boost SMEs, women enterprisea with $50m
News

AfDB, FCMB to boost SMEs, women enterprisea with $50m

  The African Development Bank and First City Monument Bank has reached an agreement to boost small and medium-sized enterprises and women-empowered businesses with a $50 million Line of Credit Agreement. According to The Nation, the proceeds of the line of credit will be used by FCMB to finance SMEs and WEBs in Nigeria’s agribusiness, […]

Why 60% Nigerians startups fail- Expert
Business News

Why 60% Nigerians startups fail- Expert

A business expert, Mark Idiahi, has disclosed why 60 per cent of Nigerian startups fail within their first two years. According to The PUNCH, Mr Idiahi who is the Chief Executive Officer of Second Chance Care Foundation, a non-governmental organization stated that many Nigerian startup companies fail because of poor leadership in the country. Idiahi […]

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