BUSINESS

What the Increase in Nigeria’s VAT Could Mean for Businesses

On Wednesday 12 September, Nigeria’s Federal Executive Council agreed to have the value added tax (VAT) on goods raised from 5% to 7.5%. It’s widely understood that the rate hike is intended to fund the recently approved minimum wage, which

Business Growth Tip: Grow Traffic to Your Business by Blogging

Blogging is one of several content marketing strategies that businesses all over the world use to attract potential customers. The blogging strategy basically boils down to this: companies publish articles, videos or infographics about things their typical customers are interested

Nigeria’s Banking Industry: First Bank

First Bank is one of Nigeria’s most recognizable financials services brands. It’s also Nigeria’s (and Africa’s) first modern banking institution. It serves over 10 million people in locations across the country and elsewhere on the African continent. It also has

Did You Know? Nigeria’s First Insurance Company

The business of insuring property has a long history, especially in Europe where the practice has developed for centuries. In Nigeria, it’s been around for about a century. But Nigerians have only been directly involved with running it for half

Connect Nigeria Survey: How Can We Help You Grow Your Business?

If you’re an entrepreneur, Connect Nigeria wants to hear from you. We’re currently seeking feedback from people who use our products and services, or interact with our material online and offline. If you are reading this, we would like to

Nigeria’s Banking Industry: Zenith Bank

Zenith Bank is one of Nigeria’s leading financial institutions. It provides a range of financial services to tens of millions of people across the country, the African continent, and elsewhere in the world. It became fairly popular in the late

Social Media Marketing Tips: 5 Common Mistakes New Youtubers Make

Youtube is very competitive and also one of the best social channels for doing business. This can be both enticing and intimidating for a new Youtuber. Furthermore, marketing on the most popular search engine in the world after Google can

Up to ₦3 Million Grant Available for Franchises by the FBDS

If you run a growing business and you’re seeking to expand to new locations, here’s a chance to get the support you need to make it happen. The Franchise Business Development Service (FBDS), Nigeria’s pioneer franchise consulting service, is organizing

Teqnia Laundry House: Taking The Stress Of Laundry Out Of Your Weekend Schedule

In order to save themselves the troubles that come with tending to their laundry, people seek the services of laundry companies but unfortunately the terms attached to laundry services can discourage one from going for it. These terms could come

Agritech Focus: All About EZ Farming

Nigeria’s agriculture space needs all the innovative solutions it can get. Demand for the products it puts out continues to increase, but the industry’s value chains remain largely underdeveloped and inefficient. Agritech startups are helping various portions of the agric

Did You Know? The First Commercial Bus Companies in Nigeria

The commercial buses in Nigeria’s cities are an unmistakable part of life in the country. They zap along interstate roads and chug up and down local avenues, drenching the environment in their colours and noise. Sometimes, they also instigate traffic

Agritech Focus: All About Farmcrowdy

Farmcrowdy is Nigeria’s first digital agricultural platform, and a pioneer startup in the country’s growing agritech space. They exist to join two ends of the agro-funding spectrum: farmers who need to finance their field operations, and individuals willing to sponsor

Agritech Focus: All About Transfurd Farms

Not everyone who wants to own a farm is able to work the ground and grow crops. Even when they have the funds to set up and operate one, they may be too preoccupied with other concerns to be actively

Business Growth Tip: Ask Your Customers for Referrals

Businesses grow by increasing the volume of sales they make. One way they are able to achieve this is by expanding their customer base so that more people buy their products over time. The big bother for many companies is

Agritech Focus: About Fresh Direct Nigeria

Nigeria’s farms currently struggle to feed over 200 million persons living within its borders. As the hungry mouths in the country multiply and the space needed to grow food for them expands, it’s becoming increasingly clear that our current land-based

The CAC has Introduced New Rules for Pre and Post-Incorporation Processes

The Corporate Affairs Commission (CAC) says it is modifying some of its business registration rules. The specific changes concern the pre-incorporation and post-incorporation processes which business entities must go through as legally recognized corporate entities in Nigeria. One tweak to

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