Tinubu Light: Can Renewable Energy Finally Reduce Nigeria’s SME Energy Burden? About the Author Dr. Ozemoya Osikpemhi Amos Onoshoze Pedro is an accounting and finance scholar, researcher, and professional with over a decade of industry experience. Holding a Ph.D. in Accounting and Finance, his expertise spans corporate finance, strategic management, governance, and business innovation. He
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Beyond the Loan: Why Lagos State ₦10 Billion SMEs Scheme Could Redefine Small Business Financing in Nigeria For decades, the single most persistent obstacle facing Micro, Small, and Medium Enterprises (MSMEs) in Nigeria has not been a lack of entrepreneurial vision, but a lack of affordable, structured capital. High commercial lending rates, stringent physical collateral
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Social Commerce is Becoming Nigera’s New SME Growth Engine: Approximately $2 Billion in GDP Through Social Media-based Sales The report that Nigerian SMEs generated approximately $2 billion in GDP through social media-based sales is more than an encouraging statistic as it reflects a structural shift in how business is conducted in Nigeria. According to a
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10 Proven Strategies to Slash High Operating Costs for Small Businesses High operating costs can pose significant challenges for small businesses, impacting their profitability and sustainability. Several common causes contribute to these high expenses: · Labor Costs: Wages, salaries, benefits, and payroll taxes can account for a significant portion of operating expenses. Hiring and retaining qualified
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Understanding Business Credit: Tips for Building and Maintaining a Strong Credit Profile Establishing and maintaining a strong business credit profile is essential for the financial health and growth of any company. Just as personal credit history impacts individual financial opportunities, business credit plays a crucial role in securing funding, negotiating favourable terms with suppliers, and
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