The Honourable Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, today emphasized the Nigerian government’s commitment to industry revitalization with a keen focus on steel, the cornerstone of infrastructural development and economic renewal.
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Nigeria has lost the services of 767 (Seven Hundred and Sixty-Seven) manufacturing countries within a very short period, as the Manufacturers Association of Nigeria, MAN revealed that as of 2023, distress triggered the closure of 335 (Three Hundred and Thirty-Three) factories.
In a bid to stabilize the nation’s volatile exchange rate, the Central Bank of Nigeria (CBN) has issued an order to Deposit Money Banks, instructing them to divest their excess dollar holdings by February 1, 2024.
The Dangote Refinery, according to experts, would be a major boost to Nigeria’s economy, as Africa’s richest man, Aliko Dangote, has made considerable progress towards completing his ambitious $19 billion project.
In a recent report, the World Bank paints a sobering picture of Nigeria’s economic landscape, anticipating a grim consequence of 2.8 million additional people slipping into poverty by the close of 2023.
Over the past decade, Nigeria has witnessed the unfortunate departure of numerous manufacturing companies from its shores, a consequence of the increasingly unfavourable business environment and policies.
Organizations rely on a vast network of suppliers, partners, and third-party vendors to efficiently deliver goods and services in today’s interconnected business environment. However, relying so heavily on outside parties exposes companies to risks that could harm their operations, reputation, and security. Organizations must implement strong third-party risk management (TPRM) strategies, including due diligence, ongoing monitoring, and proactive risk mitigation measures to protect themselves from these risks.
Building and growing a small-scale business is no easy task. It requires determination, strategic thinking, and an entrepreneurial mindset.
Businesses in Nigeria are facing a range of new challenges due to the implementation of new government policies, including the elimination of the petrol subsidy and the development of a parallel foreign exchange rate market.
A top Information Security & Digital Forensic Expert, BENEDICT JOSEPH OLUWASEUN, with the following portfolio B.Sc., MBA, M.Ed, M.Sc. CISA, CISM, CRISC, CEH, PMP, ISO 27001 LA, and PMP, will shed light on the aforementioned topic so prospective entrepreneurs would know the steps to take and protect their new business ventures.
It would be noted that BENEDICT JOSEPH OLUWASEUN, B.Sc., MBA, M.Ed, M.Sc. Information Security & Digital Forensic CISA, CISM, CRISC, CEH, PMP, ISO 27001 LA, PMP, would shed light on the topic of discussion and help employers understand the role of employees in thriving businesses.
To know how to make money, most people dream of earning cash while they sleep, but few know how to make it happen. Fortunately, with the rise of technology and the gig economy, there are more opportunities than ever to earn passive income during your sleeping hours.
No gainsaying the point that Nigerian citizens are currently undergoing severe trials and tribulations at the hands of the financial powers that be.
Have you ever wondered how some people have bundles of new notes to spend at parties? Most people do not know how to take advantage of the current money…
The Central Bank of Nigeria, CBN, has proposed Nigeria’s Naira Notes redesign every 5-8 years.
It came as a surprise when Nigerians learnt that the Central Bank of Nigeria, CBN, revealed plans to release new naira notes design different from the nation’s present currency denominations.
The Central Bank of Nigeria (CBN) has announced its plan to redesign the current naira note by December 2022.
Lately, President Muhammadu Buhari signed the Startup Act, initially an Executive Bill into law and has committed the sum of Ten Billion Naira (N10bn) only accessible to young and local innovators.
Many reasons have surfaced following the decision of the Lagos Parking Authority to start collecting N130,000 tax on car slots or spaces outside and around your residence.
The new Naira to Dollar exchange rate has placed the Nigerian currency in an an-almost-valueless position.
The WhatsApp Business introduction to the mobile chat application has taken things to another level.