BY MOTOLANI OSENI Small business owners in the Federal Capital Territory are struggling to stay afloat as soaring electricity tariffs, transportation, and telecommunication costs erode their profits. Many entrepreneurs say they can no longer break even, forcing them to cut expenses, lay off
Energy TechnologiesAs the world transitions towards cleaner and more sustainable energy sources, the role of business administration, particularly MBA-trained professionals, is becoming increasingly vital in driving investment and innovation in next-generation renewable energy. Combining financial acumen, strategic planning, and technological insight, MBAs are uniquely
By Temitope Adebayo As Nigeria faces economic challenges, it’s crucial for youths to embrace entrepreneurship to counter the growing unemployment crisis. Instead of endlessly searching for jobs, why not start your own business? Here are some promising small-scale business ideas that require minimal investment but offer significant returns: POS Business: Provide quick
By Godwin Anyebe Despite very real concerns about the economy, the majority of marketers (61%) are optimistic and expect business to be better next year than the current year, according to The Voice of the Marketer 2024, a new report by WARC released recently. With global marketing investment set to increase 8.2% in 2024 to […]
In the dynamic landscape of African business, growth opportunities abound, but so do challenges. As industries like technology, manufacturing, and automotive expand, the need for innovative business models and the adoption of emerging tools becomes more pressing. We sat down with Onyeka Chrisanctus Ofodile, an accomplished entrepreneur and business leader with over two
By Temitope Adebayo The Founder of Exambeta, an Edtech startup, Abiodun Sijuade, has advised school owners, Chief Executives (CEOs) and business heads not to make the work environment and most especially school environment a toxic one for their staff amidst the current economic situation in the country. Sijuade, who is also the Co-Founder of Betaprep […]
By Ukpono Ukpong It was the OBI-DATTI South South Business Summit at the Presidential Hotel in Port Harcourt. And the event put together by the OBI-DATTI PRESIDENTIAL CAMPAIGN South South caucus and the BIG TENT ably driven by Deacon Chris Iyawoye and his Team did not disappoint. It was a moment of great patriotism, huge […]
As the business matures, we are looking to focus on consolidating our operations and optimizing our processes to improve efficiency and effectiveness, Harold Nwariaku, managing partner at Harold & co Consulting, in this interview speaks about what he offers in value in the procurement consultancy space. Harold & Co Consulting is a supply chain consulting […]
The importance of passion as the driving force of entrepreneurship has been preached at many forums by some of the global business icons, and Nigeria’s rising entrepreneur, Onuora Chibueze Paul, otherwise known as Honorable Exkid, has demonstrated this dynamics in the way he has transformed from a neophyte to a business-savvy entrepreneur under three years. […]
Many business organisations and marketers will not forget the impacting role of young Nigerian entrepreneurs and renowned digital marketing agency, Muili Seun in restoring the adversely impacted by the COVID-19 pandemic from near-zero income to the substantial state through content adverts and social media promotion. The Ogun State-born game-changer has expressed his
Everyone needs some ‘me time’, some downtime to recharge, especially if you are a hardworking entrepreneur. Running a business is extremely demanding and taking some time off helps you refocus and rejuvenate your energy. It also creates space to think about new ideas. Delos Chang, entrepreneur and investor, provides a guide on how to unwind […]
Lagos State is unique in many ways. It is the sixth largest city in the world and the most populous state in the country. It is also the leading non-oil sector contributor to the country’s Gross Domestic Product (GDP). It contributes more than 30 per cent of the nation’s GDP, consumes more than 60 per […]
In April this year, the Central Bank of Nigeria (CBN) issued a fraud alert to the Nigerian public about the alarming rate of cybercrime activities in the country. Since the COVID-19 pandemic began, cybercriminals have been on the rampage, defrauding citizens, stealing sensitive information, and gaining unauthorised access to electronic gadgets by all means necessary […]
By Motolani Oseni In its determination to eradicate business menace in Nigeria and the West African sub-region, Executive Intervention Consult (EIC) has kick-started its intervention space of consulting. EIC, an intervention consulting firm, primarily focuses on under performing businesses evidenced by ineffective management with the view of improving their operational
By Joy Obakeye Federal Government has released new details on the Micro Small and Medium Enterprises (MSMEs) support scheme being rolled out under the National Economic Sustainability Programme, Daily Times gathered. According to estimates provided, the sum of N50 billion will be used to provide payroll support, N200 billion for loans to artisans, and N10 […]
One of the major issues of concern in contemporary budgeting practice revolves around fiscal leakage points. These are holes that exist in the budget, which create an imbalance between the budgeted sum and the actual revenue expended. They constitute a channel of transforming public funds into private finances. They are decorated routes of embezzlement that […]
It can be easy for brand owners to lose focus on the fundamental of brand communication in the midst of a global pandemic. That’s understandable, as companies around the globe are fighting for their survival and doing everything they can just to keep the lights on. But, as the world starts to emerge from under […]
Champagne producers are facing an unprecedented crisis due to the coronavirus pandemic. France’s eastern Champagne region wine producers lost around 1.7 billion euros this year, as turnover fell by a third, according to ABC News. READ ALSO: Chinese-owned TikTok to be banned from US – Trump The demand for sparkling wine, without which it is […]
Tanzania bans Kenya Airways from its airspace Tanzania has banned Kenya Airways from flying into the country until further notice. The Tanzania Civil Aviation Authority (TCAA) said in a statement that is has revoked approval granted to Kenya Airways to resume international flights to Tanzania “on reciprocal basis”. “The authority regrets to inform you that, […]
The Spanish economy has been stung as it is plunged into its deepest recession in modern times by the coronavirus pandemic. Its economy shrank by 18.5% in the April-to-June period, having already fallen by 5.2% in the first three months of the year. The country was the worst performer in the eurozone, which saw its […]