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Managing Business in Nigeria: Challenges and Prospects

I do not profess to have superior knowledge of issues involved in the management of business in Nigeria, but as a businessman, I will make effort to share practical insights from my experience of managing a business in our dear country in the past decades. I expect that through that, we shall see some of the challenges of doing business in Nigeria and at the same time, appreciate the prospects that they provide for us.

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What SMEs must do before applying for a business loan

Finding the right business idea is the single most important thing in building a successful business; raising capital is the second most important if you must nurture the idea of growth. While the sources of capital still remain largely the same – as they were in the last 2 decades, certain factors must be considered by entrepreneurs looking to raise capital through loans. Jumia, Nigeria’s number one shopping destination shares a few of the important considerations.

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Inflation, terrorist

March inflation drops to 11.25%

By Emmanuel Elebeke Nigeria’s inflation measured by the Consumer Price Index (CPI) in March dropped by 0.06 per cent points, lower than the rate recorded in the previous month. In its monthly report posted on its website, the National Bureau of Statistics (NBS), said the CPI, which measures inflation decreased to 11.25 per cent (year-on-year)
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