Introduction It is a routine for the Central Bank of Nigeria (CBN) to review rates from time to time; this is not an anomaly – it is best that I establish this fact so that it does not seem like what the CBN has done is unusual. However, this is the first time that rates […]
Impact of the CBN’s Reviewed Interest Rates on MSMEs Read More »
Business decision making is not an easy road. Ironically, perhaps unfortunately, it is a road taken way too often by both intrapreneurs and entrepreneurs with significantly threatening outcomes. It is easier to take instruction than to be the one to determine the pathways to outcomes, hence it is good to have some fore knowledge of
Make or Buy Decision: What Do I Have to Lose? Read More »
Is your company solving some of the world’s biggest challenges? Entrepreneurship World Cup (EWC) wants to hear from you. About the Entrepreneurship World Cup Since 2019, The Entrepreneurship World Cup (EWC) has become one of the biggest and most diverse startup pitch competitions and support programmes of its kind, featuring more than 370,000 entrepreneurs from over
Entrepreneurship World Cup Pitch Competitions (US $1 million Cash Prizes) Read More »
Navigating the regulatory framework is paramount for establishing a cake business in Nigeria. It involves understanding licensing procedures, complying with health and safety standards, and ensuring that your cake business is rightly positioned to scale. Registration and Licensing Requirements for a Cake Business in Nigeria 1. Registration with the Corporate Affairs Commission (CAC): One of
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Opening a corporate account in Nigeria? Maneuvering through the paperwork is a vital aspect of laying a robust financial groundwork for your business. In this guide, we unravel the essential documents required for a seamless corporate account application. Covering legal requirements to company credentials, we’ll walk you through the checklist, ensuring you’re thoroughly prepared for
Documents for Opening a Corporate Account in Nigeria Read More »
Starting a business is like piecing together a puzzle, and to succeed at it, there are some habits entrepreneurs need to give up. Although it’s a complex task, and every piece adds up to the profitability of your business. But what if I told you that some of the pieces might not fit? Those misfitting
7 Habits Entrepreneurs Need to Give Up to Become Profitable Read More »
Launching a cake business in Nigeria is not only profitable but also exciting. Done right, it has the potential to generate substantial revenue. To ensure a smooth and professional operation, it’s essential to invest in the right equipment when setting up your business. These tools can significantly enhance efficiency, speed, and the overall quality of
Equipment Required for Starting a Cake Business Read More »
A lot of people might have wondered if a business name can be converted to an Limited Liability Company (LTD) or Public Limited Company (PLC), possibly for reasons of expansion in the future. The answer is Yes! You can convert a business name to an LTD or a PLC. Converting your business name to a
Converting a Business Name to a LTD or PLC? Read More »
Scaling tech companies in Nigeria means growing operations to serve more customers, increase revenue, and have a more significant impact in the market while simultaneously improving efficiency and profitability. This can be accomplished by expanding into new markets, improving production capacity, streamlining processes, growing the workforce, and harnessing technology. The ultimate goal is to achieve
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In August 2023, the Director General of the National Agency for Food & Drug Administration & Control (NAFDAC), Prof. Adeyeye, gave a formal press briefing to inform the public about the reviewed Fats, Oil and Food containing Fats and Oil Regulation 2022 and Pre-Packaged Food Labelling Regulation 2022, which renders the 2005 versions null and
NAFDAC Newly Reviewed Fats, Oil and Food Regulations Read More »
