(₦500k – ₦10m+ capital) Import fashion items, electronics, gadgets in bulk. Sell via Jumia, Konga, or your own website. Garri, palm oil, rice, groundnut oil, spices packaging. Nigerians buy these every day. Owning dispatch bikes, taxis, or shuttle buses. Partner with e-commerce stores for deliveries. Airbnb-style rentals for tourists/business people. Property leasing & sales (always…
Street food (fried yam & akara, noodles, small chops). Mobile food delivery to offices/schools. Pure water & soft drinks retail. Quick cash withdrawals, transfers, bill payments. Very high demand in areas with few banks/ATMs. Chargers, earphones, power banks, screen guards. Fast turnover because phones are daily essentials. Bags, shoes, clothes (especially ladies’ wears). Can be…
Financial discipline is the ability to plan, manage, and control how you earn, spend, save, and invest money in a consistent and responsible way. It’s about making intentional financial decisions rather than acting on impulse. Here are some key aspects of financial discipline: loans.
Tax Compliance in Nigeria Tax administration in Nigeria is handled by: Federal Inland Revenue Service (FIRS) – handles federal taxes (company income tax, VAT, etc.). State Internal Revenue Service (SIRS) – handles personal income tax (for sole proprietors and employees). Taxes You May Need to Pay: Apply for a TIN (free) from FIRS. Required for…
A Gateway to Global Opportunities Studying abroad is one of the most life-changing decisions a student can make. Beyond the classroom, it offers exposure to new cultures, global networks, and opportunities that can shape both career and personal growth. 🌍 Why Study Abroad? 📌 Popular Study Destinations USA & Canada – Excellent research facilities and…
In business, risk is not something you can completely avoid—it’s a part of the journey. From financial uncertainty to unexpected market changes, risks are everywhere. But here’s the good news: with the right mindset and strategies, risks can be transformed into opportunities that drive growth and innovation. Every risk comes with two sides: potential loss…
Every business, no matter how small or large, faces risks. From sudden market changes to unexpected expenses, risks are part of the journey. What makes successful businesses stand out is how well they manage these risks. The first step is knowing what could go wrong. Risks may be: Financial (cash flow problems, rising costs) Operational…
High-Value Cash Crops Cocoa, cashew nuts, sesame seeds, coffee, and ginger have huge global demand. Adding value through processing—such as turning cocoa into chocolate or sesame seeds into oil—boosts profits significantly. Horticultural Products Fresh fruits like mangoes, pineapples, and avocados, as well as vegetables like chili peppers and okra, are in high demand in Europe…
The global demand for agricultural products is at an all-time high, presenting a golden opportunity for farmers and agribusiness entrepreneurs to expand into export markets. Beyond feeding local populations, agriculture has become a major source of foreign exchange earnings, driving economic growth and creating wealth. Why Exporting Agricultural Products is Profitable Exporting allows agribusinesses to…
Financial analysis helps investors evaluate the value, performance, and risks of an investment before committing money. It goes bey”ond surface-level numbers to reveal a company’s true financial health. By analyzing revenue growth, profit margins, and cash flow, investors can determine if a company is financially strong enough to deliver good returns. Example: Comparing two companies…
