Category Archives: Entrepreneurship

Textile industry can create 2 million jobs, save $4bn says CBN

Textile industry can create 2 million jobs, save $4bn, says CBN

Urges security agencies, paramilitary to patronise sector To reposition the Nigerian economy and make it self-reliant, the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has rallied stakeholders’ support for the textile and garment industry, saying it is capable of

CCNN, BUA cement win EMEA award

CCNN BUA cement win EMEA award

The $1.1billion merger between the Cement Company of Northern Nigeria and BUA Group’s Kalambaina Cement has been awarded the “Best M&A Deal in Africa” at the EMEA Finance Achievement Award held in London recently. Receiving the award, Chimaobi Madukwe, a

Dangote cement to open export facilities

Dangote cement to open export facilities

As part of moves to boost foreign exchange and capacity production, Dangote Cement will open export facilities in Lagos and Port Harcourt this year. The company stated that the opening of export facilities would attract about $700 million foreign exchange

CEOs harp on digital reinvention for business transformation

CEOs harp on digital reinvention for business transformation

Two-thirds of chief executive officers (CEOs) believe that agility is the new currency of business and that if they don’t adapt, their business will become irrelevant, a report by KPMG has stated. According to the survey, CEOs are faced with

Josepdam Terminal gets ISO certification

Josepdam Terminal gets ISO certification

Operator of Terminal A at the Tin Can Island Port Complex, Josepdam Port Services (JPS), has been certified with ISO 9001:2015 by a certification firm in the United Kingdom. The certification is a confirmation that the system is compliant to

Hundreds of jobs created as technology hubs hit 77

Hundreds of jobs created as technology hubs hit 77

Lagos has 35 innovation centres, Abuja 13, Rivers 5 •Experts task Buhari on tech-focused economy, improved infrastructure Hundreds of jobs have been created with the spread of technology hubs across the country, as each employ between five and 10 workers

The new kids in app tech:Afolabi, Menashi, Olubusuyi, Osagumwenro

Recently, four students from Whitesands School, Lekki, did Nigeria, nay, Africa proud, as they represented the country and continent at an international competition in the U.S. and won.The four JSS2 students were the only representatives from Africa at the science

Jumia records 58% GMV growth in Q1

Jumia records 58% GMV growth in Q1

Barely one month after it listed on the New York Stock Exchange (NYSE), Jumia has released its first quarter 2019 financial results, announcing a 58 per cent growth in its Gross Merchandise Volume (GMV). According to the results, its adjusted

More money will not solve your money problems

More money will not solve your money problems

When faced with financial challenges, the first thing we tend to do is look for where to get more money. It is like looking for Paracetamol the moment you feel a headache. It will relieve the pain temporarily, but if

The high cost of financial anxiety

The high cost of financial anxiety

Financial anxiety is an avoidable load we often carry around. It can take over your whole life, both your waking hours and even invade your dreams. Worry is mental malpractice. You are expending mental energy over a situation you have

Konga to Invest in Health Sector, Acquire Pharmacy Chain

Konga to Invest in Health Sector, Acquire Pharmacy Chain

After a successful launch of Konga Travel, a revolutionary omni-channel travel booking agency, the management of Konga, has confirmed plan to launch an integrated and cost-effective health project across Nigeria. The move is to better meet the needs of the

Material success and the arrival syndrome

Material success and the arrival syndrome

Material success and the arrival syndrome I often hear the term ‘the guy has arrived!’, he has hammered, his money has come etc. The code word for he has made it or succeeded financially. That happens when you buy a