Insurance Coverage Beneficial For SMEs
Aluko Ruth Jethro The types of insurance coverage beneficial for SMEs (Small and Medium Enterprises), each addressing specific risks and providing financial stability: Commercial Property Insurance: This coverage protects the physical assets of an SME, like buildings, equipment, inventory, and furniture, against risks such as fire, theft, vandalism, and certain natural disasters. For SMEs with a physical storefront, office, or inventory, it’s a safety net that ensures they can recover […]
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Tinubu Sets To Lower Cost Of Local Manufacturing
President Bola Tinubu has promised to boost food and drug production in 2025, stressing that his government has worked to improve Nigeria’s economic outlook. The President made this statement in […]
Stop Using Saccharinne And Bromate In Bread Production, NAFDAC Warns
Prof Mojisola Adeyeye NAFDAC has warned bakeries across the country against using saccharin and bromate in bread production. The Director-General of the agency, Prof. Mojisola Adeyeye, gave the warning while […]
Nigerian Businesses To Face Higher Interest Rates Challenge In 2025—LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has warned businesses in Nigeria to prepare for higher interest rate challenges in 2025 as the Central Bank of Nigeria (CBN’s) policies […]
BOI Disburses N22.89 Billion To 29 Manufacturers
The Bank of Industry (BOI) disburses N22.89 billion to 29 manufacturers. Another 20 projects valued at N6.3 billion are at different stages of disbursement. The Managing Director of the bank, […]
Organisational Capacity Assessment And Development(OCAD): An Indispensable Strategy For Organisational Survival And Operational Excellence
Introduction: Key actors in every corporate organisation desire to run the organisation perpetually, efficiently and effectively. However, recent trends have shown that most business organisations fail within the first […]
Unused N615 Million, SMEDAN Raises Alarm
The Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, has raised concerns over the underutilization of a N615 million fund earmarked for small […]