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Tag: Business in Nigeria

Throwback Thursday: History of FanMilk

  I’m not sure I’ve been to a place in Nigeria and not come across a Fanmilk vendor. Just like Coca-Cola, they are everywhere. From the iconic Fanmilk bicycles to shop vendors, to supermarkets, you are almost guaranteed to find the popular Fanmilk products anywhere you go. Fanmilk is one of the oldest businesses in […]

The 2014 Lagos International Trade Fair is Here!

The 2014 Lagos International Trade Fair which is organised by the Lagos Chamber of Commerce and Industry, LCCI will run November 7 – 16, 2014 at the Tafawa Balewa Square. The International Trade Fair opened on Friday in glamour and different celebrities and personalities in the Commerce industry were there to witness the event. Goodwill […]

Throw Back Thursday: Cocoa Business in Nigeria

 I grew up in a family that traded in cocoa. At least three generations before me lived on the business of planting, harvesting and exporting cocoa to other countries. Before the oil boom, agriculture used to be the backbone of the Nigerian economy. The exportation of crops like cocoa fuelled Nigeria’s development for decades. The […]

Nigeria to Begin Online Registration of Companies by October 1st

  Nigeria will kick off online registration of companies willing to set up businesses in the country by 1st of October- which is also the country’s independence day anniversary. This was revealed by the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, while speaking with news men in Abuja during the quarterly meeting of […]

Union Bank Partners With Wakanow.com on Affiliate Lending

  On July 17, 2014 in Lagos, Union Bank of Nigeria Plc entered into partnership with Wakanow.com to provide a global limit of a one billion (N1 billion) naira overdraft with one million (N1 billion) or more per affiliate/ agent subject to performance. At the presentation of Union bank`s offer, Kingsley Ulinfun, Head of Commercial […]

IFRS Partner to Hold Seminar on Reducing the Cost of IFRS Conversion by 85%

  Do you own a company? If so, it is imperative that you are aware that all Nigerian companies have been required by the Federal Government to convert to the new IFRS accounting standards. If you are keen on learning about how to dramatically cut the cost and time to convert to IFRS, IFRS Partner […]

F.G Marks N220 Billion for MSMEs

  To boost production, create jobs, reduce poverty and ensure inclusive economic growth and development in the country, the Central Bank of Nigeria, CBN, has signed a Memorandum of Understanding, MoU with the 36 State governments on “MSMEs Development Fund’’. Micro, Small and Medium Enterprises, MSMEs, the CBN says can drive Nigeria’s economy if adequately […]

Connect Nigeria Presents 2nd Annual e-Business Fair in October, 2014

  We at connectnigeria.com are proud to announce that our annual e-Business Fair is back on the 18th of October 2014 at Eko Hotel, Victoria Island, Lagos.  This year the event will be tagged ‘’E-business and the Growth of Your Enterprise Part II’’. The overall objective is for SMEs to come and learn about how […]

Meet The Boss: Rowland Chukwuka, CEO Kleentech Concepts and Company

  Rowland Chukwuka, the CEO of Kleentech Concepts and Company spoke to Connect Nigeria on how he started his company and why he would consider what he is presently doing the best career decision he has ever made. CN: Tell us a bit about your professional background. RC: I am an elite and multi-talented person. I hold […]

The Importance of Co-Location in Business

In business, your competitor is not an outright enemy; you could partner with him to achieve more. You could share space, equipment and infrastructure. The idea is called co-location. Are you not aware that telecommunication operators share telecom masts? Or that Blackberry Messenger runs on Android devices? I believe you also know that it is […]

Tips on Starting a Hair Salon in Nigeria

There is a higher number of women in Nigeria than men and nearly all of them have something in common irrespective of age; they all have hair which needs to be washed, braided, fixed with extensions, coloured or flat ironed. Owning a salon in Nigeria is a very lucrative business. It is a business that […]

7 Questions to Answer Before Opening a New E-commerce Store‏

  More and more customers are finding e-commerce stores more fitting for their already demanding lives and are going electronic on everything – food, medicine, clothes, furniture. Nowadays in Nigeria, there is hardly anything that cannot be bought from the comfort of one’s home and office and delivered in a day or two. Therefore, we see businesses moving […]

5 Side Businesses You Can Run From Home

  When asked, most workers consider themselves underpaid but still retain their 9-5 jobs for job security and the reward of a monthly salary, pension and gratuity. Do you know that even with your busy work schedule you can start a side business that can be run on weekends, evenings and during lunch breaks, as long as […]

Entrepreneurship, a Way Out of Unemployment?‏

  There is massive unemployment in Nigeria but some claim it is a human resource problem. Some people have resorted to starting their own businesses as a way out of unemployment but what most don’t understand that being an entrepreneur is not child’s play; starting a business goes beyond having the CEO tag. Research shows […]

Germany Boosts Entrepreneurship in Nigeria With N4.2 Billion

  GIZ – German Agency for International Cooperation has set aside 20 million euros to promote Nigeria’s micro, small and medium-sized enterprises (MSMEs) for the next three years. Mr. Thomas Kirsch, GIZ Country Director, announced this last week while presenting the second phase of the Pro-poor Growth and Promotion of Employment in Nigeria programme, SEDIN […]