BUSINESS

COVID-19: FIRS Offers Concessions to Tax Payers

The Federal Inland Revenue Service (FIRS) has announced that it is granting concessions to taxpayers in Nigeria. The agency says it is doing this to alleviate the impact of the COVID-19 pandemic on individuals and businesses in the country. The

How Businesses Can Communicate With Customers During the COVID-19 Pandemic

Disruptions caused by the COVID-19 pandemic are affecting the way we work. It’s led to the total closure of many businesses. And those that can carry on in some way (for example, via remote working) are struggling to adapt to

COVID-19: How to Access the CBN ₦50 Billion Credit Facility for Businesses

The Central Bank of Nigeria has announced a ₦50 billion Targeted Credit Facility (TCF) for Micro, Small and Medium Scale Enterprises (MSMEs) in the country that have been affected by the COVID-19 pandemic. Under this program, the apex bank will

How Entrepreneurs Can Get Through The Corona Virus Shutdown

In the past few weeks, the panic triggered by the coronavirus pandemic has forced down sales for many businesses and caused others to panic about the future. It’s already been a tough time for many business people. Now, there’s the

CBN, Dangote and Access Bank Lead ₦120 Billion Coronavirus Response Effort

The CBN is rallying Nigeria’s biggest private sector firms to fund the country’s battle against the coronavirus. The coalition, led by Dangote and Access Bank, will be supporting the current efforts to deal with the COVID-19 pandemic, the apex bank

How to Manage Your Personal Finances During the Coronavirus Disruption

The coronavirus pandemic is wreaking havoc across the world’s commercial landscape. As shops close and businesses scale back their operations, millions have found their personal finances threatened by the uncertainties that have followed.  Whether you’re an entrepreneur or an employee

How the Corona Virus Pandemic Could Affect Small Businesses

As Nigeria grapples with the impact of the coronavirus pandemic, businesses in Nigeria are increasingly worried that they could be hit hard if the current situation gets worse. Many companies are already battling through disruptions caused by the virus sweeping

EKOCab: An Expose

In the past two weeks, there has been a bit of furore around the rather suspiciously timed launch of EkoCab, a ride-hailing service tailored towards the hitherto ‘forgotten’ yellow cabs of Lagos and also private cars like the Ubers and

Smartplugin Launches To Help Nigerian Businesses Automate Their Processes

Smartplugin, a cloud-based solution, is launching to help businesses in Nigeria automate their current manual processes. Its digital platform will enable thousands of companies to manage their visitor records, track employees in real-time, generate detailed customer data, and keep tabs

How The Fall In Oil Prices Could Impact Nigeria’s Economy

Nigerians have rarely gotten starker reminders of their connection with the rest of the world than they have in the past couple of months. A global pandemic originating in far off China has swept across the globe, enveloping a majority

CBN Adjusts Naira: Dollar Exchange Rate to ₦380 for $1

The Central Bank of Nigeria has revised the Naira-Dollar exchange rate for one of its forex windows. A dollar is now being sold for ₦380 at the Investors and Exporters (I & E) window of the country’s foreign exchange markets.

Did You Know? Nigeria’s ₦198 Billion Aviation Industry

For over 90 years, airplanes have flown over the Nigerian skies. They have carried hundreds of thousands of people between locations in the country, as well as to and fro cities beyond its borders. They have also flown goods worth

Business Growth Tip: Conduct A Gap Analysis Of Your Business

Is your business operating at the level that you want it to? You probably have a simple answer to the question posed above (either a “yes” or a “no”). But if we asked you how far your business is from

Brands We Love: Solynta Energy

Nigeria has a huge power supply gap. About 60 percent of its 200 million people do not have access to electricity. And most who are connected to the national grid only get limited electricity at the best of times. This

Federal Government Plans Census Of Businesses In Nigeria

The National Bureau of Statistics (NBS) says it plans to conduct a census of businesses in Nigeria. If the exercise goes ahead as planned, it will be the first survey of businesses in the country in more than 20 years.

Nigerian Startup Field Intelligence Gets $3.6 Million in Series-A Funding Round

Field Intelligence, a Nigerian pharmacy supply chain startup, says it has secured $3.6 million from a group of investors to scale its operations in the country. According to the startup, the funds will be used to push the adoption of

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