Manufacturers deepen local raw materials sourcing, up 11% in 3yrs
By Yinka Kolawole Nigeria’s manufacturing sector recorded a steady increase in the use of locally sourced raw materials between 2021 and 2024, with the share rising from 51.5 per cent in 2021 to 57.1 per cent in 2024, as foreign exchange pressures, naira depreciation and rising import costs pushed manufacturers towards domestic alternatives. Data from […]
Is your organisation taking the easy route to success?
The prevailing truth is that when organizations set easy tasks for themselves or take the part of least resistance, or decides to do what is convenient for them, they are not doing themselves any favour but instead they are…
Starting a business with your spouse
Money is the number one cause of divorce, and cash flow tends to be the number one challenge for new businesses. When we first started out, we waited months to get our business cash flow in order and get paid – but we didn’t stress, because we had saved a personal emergency fund ahead of time.
Diversion of cargo to neighbouring countries’ll continue — Agbakoba
FORMER President of the Nigerian Bar Association and Senior Advocate of Nigeria, SAN, Olisa Agbakoba, has said that Nigerian bound cargo will continue to go to neighbouring countries before finding their way back into the country unless the federal government takes concrete steps to strengthen the nation’s policy, institutions, regulations and illegal framework.
Small business: Tips to succeed as a beginner
The logical way to gain financial freedom is to start a small business in Nigeria. It has been observed that most Nigerians that are wealthy started with a small business which they gradually nurture to a big corporation.
FG’s threats over metering bounce off DISCOs
It is yet unclear how it will do it, but the Federal Government has again threatened to sanction forthwith any defaulting company, as it expressed dissatisfaction over the level of meter deployment by electricity distribution companies, DISCOs.
