SMEs

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SMEs major driving force of economy – Akiolu

SMEs major driving force of economy – Akiolu

House of Representatives member, representing Lagos Island Federal Constituency ll. Prince Kayode Akiolu has insisted that Small and Medium size Enterprises SMEs are the major driving force of the global economy. Speaking during his 5th empowerment program, the federal house of Rep member, who gifted over 400 generators and 6oo sewing machines to youths in his […]

SMEDAN decries dearth of intellectual property knowledge among SMEs

SMEDAN decries dearth of intellectual property knowledge among SMEs

By Juliet Umeh  Director-General, Small & Medium Enterprises Development Agency of Nigeria, SMEDAN Dikko Umaru Radda has said that most Small and Medium Enterprises, SMEs struggle because they refuse to take advantage of intellectual property benefits to their businesses. Radda said that robust intellectual property, IP, can grow businesses as much as it contributes to […]

SMEs: Digital distractions in the business place

SMEs: Digital distractions in the business place

By Timi Olubiyi DIGITAL distraction is a term only synonymous with living in the information age and is a huge and growing challenge in the workplace and business. Imagine a driver tweeting while behind the wheel to the office or an employee texting and updating status on social media at the same time in a board room […]

Outsourcing and subcontracting: Insights and opportunities for SMEs in a pandemic

Outsourcing and subcontracting: Insights and opportunities for SMEs in a pandemic

By Timi Olubiyi Numerous factors can make businesses decide to outsource or even engage a sub-contractor in their day-to-day activities. Results of many surveys indicate that some of the key reasons for this are the competence of the third party, cost reduction purposes, reaction to government policies, and unpredictable business climate, among others. However, the […]