igita The MSME sector is the backbone of Nigeria’s economy. Studies by the International Finance Corporation (IFC) show that approximately 96% of Nigerian businesses are MSMEs, compared to 53% in the US and 65% in Europe. Of this number, about 99.87% of MSMEs in Nigeria are micro-enterprises. With a total number of about 17.4 million,…
Preparations are ongoing for a 2019 edition of the annual power-packed programme organised by the General Overseer of the Grace Nation aka Liberation City Worldwide, Dr Chris Okafor, at the Tafawa Balewa Square, Lagos. The event, ‘Two Night With the King,’ will take place this year from June 27 to 28 and will feature Arch-bishop…
By Fidelis Soriwei It is the albatross of many a leader, that when they are relieved of political control, they simply stroll into the waiting arms of obscurity. The makeshift popularity simply vanishes into thin air as they hand over to the next person. Even their most fanatical supporters and defenders would be tasking their…
Nigerian digital content distribution platform, Publiseer, has been selected as one of the 47 Best Projects at the 2019 Youth Citizen Entrepreneurship Competition. The “Best Project” startups consist of innovative projects run by existing enterprises in the form of businesses, NGOs or informal programs. The Youth Citizen Entrepreneurship Competition is a global programme to empower…
Jumia, Nigeria’s leading online shopping destination has empowered resident women in Lagos to deepen e-commerce penetration in the country. This is through the company’s Women & Youth Empowerment Programme, created to provide training and support to young women and youth seeking to expand their sources of income. The programme, which is also aimed at ultimately…
Barely two years Heritage Bank and the Central Bank of Nigeria (CBN) disbursed a loan for building a N2illion processing facility for Triton fish/chicken in Oyo state, the firm has commenced export of all kinds of frozen foods to some parts of Europe and African countries. The loan that was given under the Commercial Agricultural…
VFD Group Plc has approved N251.5 million as dividend, translating to N2.20 per ordinary share held for the financial year ended December 31, 2018. Impressed by the move, the shareholders, at its third yearly general meeting in Lagos, commended the board, management and staff of the financial services group for the result amid the challenging…
Promasidor Nigeria Limited, the organisers of Cowbellpedia Secondary School Mathematics TV Quiz Show, sponsored by its flagship brand Cowbell Our milk, has introduced a new channel, dubbed Cowbellpedia Chat Bot on facebook for candidates who sat for the 2019 Cowbellpedia National qualifying examination to check their results. In announcing this innovation, Abiodun Ayodeji, Marketing Manager…
Managing Director, Ecobank Nigeria, Patrick Akinwuntan, says the bank is set to support the Nigerian movie industry to project everything good about Nigeria. Mr Akinwuntan who spoke at the premiere of the movie ‘The Bling Lagosians’ in Lagos said Ecobank is determined to support the creative industry as they are most suited in the task…
Running a startup is one of the most fulfilling and yet hardest jobs you can have. It is great to feel like you have full control of your own destiny when you are building a business until you start to see some signs that your startup may be dying. A slower than anticipated sales cycle,…