Business – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sun, 29 Mar 2026 12:52:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Business – InfoStride News https://www.theinfostride.com 32 32 Lagos Emerges Nigeria’s Top State for Ease of Doing Business — Report https://www.theinfostride.com/lagos-emerges-nigerias-top-state-for-ease-of-doing-business-report/ https://www.theinfostride.com/lagos-emerges-nigerias-top-state-for-ease-of-doing-business-report/#respond Sun, 29 Mar 2026 12:52:54 +0000 https://www.theinfostride.com/?p=480432 Lagos State has been ranked the best state for doing business in Nigeria, according to a recent subnational assessment of business environments across the country. The ranking further reinforces the state’s long-standing reputation as the nation’s commercial nerve centre and a preferred destination for investors. The report, unveiled at a high-level policy and diplomatic gathering [...]

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]]> https://www.theinfostride.com/lagos-emerges-nigerias-top-state-for-ease-of-doing-business-report/feed/ 0 Digitvant Provides Business Loans to Over 50,000 Enterprises https://www.theinfostride.com/digitvant-provides-business-loans-to-over-50000-enterprises/ https://www.theinfostride.com/digitvant-provides-business-loans-to-over-50000-enterprises/#respond Wed, 28 Jan 2026 12:00:13 +0000 https://www.theinfostride.com/?p=463443 Digitvant, a leading digital lending firm in Nigeria, has announced that it has successfully disbursed loans to more than 50,000 small and medium enterprises (SMEs) across the nation. The move underscores the company’s rapid expansion and commitment to addressing financing gaps in the informal and micro-enterprise segment. Since launching its lending platform in mid-2023, Digitvant [...]

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]]> https://www.theinfostride.com/digitvant-provides-business-loans-to-over-50000-enterprises/feed/ 0 Report: 44% of Nigerian Businesses Cut Workforce in 2024 https://www.theinfostride.com/report-44-of-nigerian-businesses-cut-workforce-in-2024/ https://www.theinfostride.com/report-44-of-nigerian-businesses-cut-workforce-in-2024/#respond Tue, 20 Jan 2026 21:07:34 +0000 https://www.theinfostride.com/?p=402766 A new report by Nigerian data analytics firm, Mustard Insights, has revealed that 44% of businesses in the country reduced their workforce in 2024 due to economic challenges and operational constraints. The report, based on a nationwide survey of companies across various sectors, attributed the layoffs to rising inflation, foreign exchange volatility, high production costs, [...]

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]]> https://www.theinfostride.com/report-44-of-nigerian-businesses-cut-workforce-in-2024/feed/ 0 Chinese Businessman, 80‑Year‑Old Grandma Arrested as NDLEA Seizes Colos in Moi-moi Sachets https://www.theinfostride.com/chinese-businessman-80%e2%80%91year%e2%80%91old-grandma-arrested-as-ndlea-seizes-colos-in-moi-moi-sachets/ https://www.theinfostride.com/chinese-businessman-80%e2%80%91year%e2%80%91old-grandma-arrested-as-ndlea-seizes-colos-in-moi-moi-sachets/#respond Wed, 24 Dec 2025 15:53:40 +0000 https://www.theinfostride.com/?p=463268 In a startling operation, the National Drug Law Enforcement Agency (NDLEA) has arrested a Chinese national and an 80‑year‑old grandmother following the seizure of unusual parcels of colos—a potent ammunition-like commodity—concealed within commercially packaged moi‑moi sachets. The incident, which has triggered fresh concerns over creative smuggling tactics, occurred recently at a major border checkpoint in [...]

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]]> https://www.theinfostride.com/chinese-businessman-80%e2%80%91year%e2%80%91old-grandma-arrested-as-ndlea-seizes-colos-in-moi-moi-sachets/feed/ 0 Businesses anticipate interest rate reduction as Monetary Policy Committee meets today https://www.theinfostride.com/businesses-anticipate-interest-rate-reduction-as-monetary-policy-committee-meets-today/ https://www.theinfostride.com/businesses-anticipate-interest-rate-reduction-as-monetary-policy-committee-meets-today/#respond Tue, 22 Jul 2025 16:07:31 +0000 https://www.theinfostride.com/?p=462642 Businesses across Nigeria are expressing optimism that the upcoming Monetary Policy Committee (MPC) meeting, scheduled for today, will bring about a reduction in interest rates. This sentiment echoes growing expectations that the Central Bank of Nigeria (CBN) may ease borrowing costs in response to improved inflation dynamics and mounting pressure from the private sector. A [...]

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]]> https://www.theinfostride.com/businesses-anticipate-interest-rate-reduction-as-monetary-policy-committee-meets-today/feed/ 0 FirstBank hits ₦1 trillion in digital loan disbursements https://www.theinfostride.com/firstbank-hits-%e2%82%a61-trillion-in-digital-loan-disbursements/ https://www.theinfostride.com/firstbank-hits-%e2%82%a61-trillion-in-digital-loan-disbursements/#respond Sat, 19 Jul 2025 14:48:27 +0000 https://www.theinfostride.com/?p=462387 FirstBank of Nigeria has made a significant breakthrough in its financial services mandate, announcing that it has now dispersed over ₦1 trillion in digital loans to individuals and small businesses—cementing its role at the forefront of financial inclusion and innovation. The milestone underscores the bank’s commitment to leveraging technology to reach underserved borrowers and bolster Nigeria’s [...]

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]]> https://www.theinfostride.com/firstbank-hits-%e2%82%a61-trillion-in-digital-loan-disbursements/feed/ 0 Expert Advises Nigerian Startups to Focus on Foundational Structures https://www.theinfostride.com/expert-advises-nigerian-startups-to-focus-on-foundational-structures/ https://www.theinfostride.com/expert-advises-nigerian-startups-to-focus-on-foundational-structures/#respond Fri, 18 Jul 2025 13:41:33 +0000 https://www.theinfostride.com/?p=462315 A business expert has called on Nigerian startups to prioritise the development of strong internal structures as a pathway to long-term sustainability, growth, and global competitiveness. The advice comes amid increased enthusiasm around entrepreneurship in the country, with many young founders focusing on scaling quickly without establishing sound operational frameworks. Speaking during a recent entrepreneurship [...]

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]]> https://www.theinfostride.com/expert-advises-nigerian-startups-to-focus-on-foundational-structures/feed/ 0 UBA Business Series explores capacity development for forging sustainable partnerships https://www.theinfostride.com/uba-business-series-explores-capacity-development-for-forging-sustainable-partnerships/ https://www.theinfostride.com/uba-business-series-explores-capacity-development-for-forging-sustainable-partnerships/#respond Wed, 16 Jul 2025 13:19:42 +0000 https://www.theinfostride.com/?p=462151 In a bid to empower business leaders with the tools needed to form long-lasting and mutually beneficial alliances, the United Bank for Africa (UBA) recently hosted the latest edition of its UBA Business Series. This thematic conference, held in Lagos, attracted executives from diverse sectors—including finance, manufacturing, tech, and agribusiness—who gathered to explore strategies for [...]

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]]> https://www.theinfostride.com/uba-business-series-explores-capacity-development-for-forging-sustainable-partnerships/feed/ 0 Seasonal Businesses Drive Economic Growth and Family Support, Say Analysts https://www.theinfostride.com/seasonal-businesses-drive-economic-growth-and-family-support-say-analysts/ https://www.theinfostride.com/seasonal-businesses-drive-economic-growth-and-family-support-say-analysts/#respond Mon, 30 Dec 2024 20:00:42 +0000 https://www.theinfostride.com/?p=399265 Seasonal businesses play a critical role in bolstering Nigeria’s economy and providing income opportunities for families, according to economic analysts. These businesses, which thrive during specific periods such as festive seasons, agricultural harvests, and school reopening periods, offer significant contributions to both local economies and individual livelihoods. Analysts highlighted that seasonal businesses, ranging from retail [...]

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]]> https://www.theinfostride.com/seasonal-businesses-drive-economic-growth-and-family-support-say-analysts/feed/ 0 Business-Friendly Environment Key to Boosting Diaspora Remittances – OPS https://www.theinfostride.com/business-friendly-environment-key-to-boosting-diaspora-remittances-ops/ https://www.theinfostride.com/business-friendly-environment-key-to-boosting-diaspora-remittances-ops/#respond Sun, 24 Nov 2024 16:04:02 +0000 https://www.theinfostride.com/?p=395533 The Organized Private Sector (OPS) has emphasized the need for a more business-friendly environment to attract increased diaspora remittances and spur economic growth. This call comes as Nigeria continues to experience a significant inflow of funds from its diaspora, which remains a vital source of foreign exchange and economic support. Speaking at an economic summit, [...]

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]]> https://www.theinfostride.com/business-friendly-environment-key-to-boosting-diaspora-remittances-ops/feed/ 0 NAFDAC Urges Businesses to Uphold Accurate Branding Standards https://www.theinfostride.com/nafdac-urges-businesses-to-uphold-accurate-branding-standards/ https://www.theinfostride.com/nafdac-urges-businesses-to-uphold-accurate-branding-standards/#respond Sun, 17 Nov 2024 11:36:35 +0000 https://www.theinfostride.com/?p=394566 The National Agency for Food and Drug Administration and Control (NAFDAC) has called on Nigerian businesses to prioritize accurate branding and labeling of their products. The agency emphasized the importance of clear and truthful product information to protect consumers and enhance market credibility. Key Directives At a recent stakeholder engagement in Lagos, NAFDAC outlined specific [...]

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]]> https://www.theinfostride.com/nafdac-urges-businesses-to-uphold-accurate-branding-standards/feed/ 0 FATE Foundation Advocates for Enhanced Business Environment in Nigeria https://www.theinfostride.com/fate-foundation-advocates-for-enhanced-business-environment-in-nigeria/ https://www.theinfostride.com/fate-foundation-advocates-for-enhanced-business-environment-in-nigeria/#respond Sun, 17 Nov 2024 11:14:55 +0000 https://www.theinfostride.com/?p=394563 FATE Foundation, a leading non-profit organization supporting entrepreneurs, has called for significant improvements in Nigeria’s business environment to foster economic growth and sustainability. The organization emphasized the need for policies and structures that support businesses, particularly small and medium enterprises (SMEs), which are vital to the nation’s economy. Key Recommendations At a recent forum, FATE [...]

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]]> https://www.theinfostride.com/fate-foundation-advocates-for-enhanced-business-environment-in-nigeria/feed/ 0 RoutePay Expands Financial Access for Under-Banked Businesses https://www.theinfostride.com/routepay-expands-financial-access-for-under-banked-businesses/ https://www.theinfostride.com/routepay-expands-financial-access-for-under-banked-businesses/#respond Mon, 11 Nov 2024 19:01:00 +0000 https://www.theinfostride.com/?p=393594 RoutePay, a prominent digital payment platform, has launched a strategic initiative aimed at expanding access to financial services for under-banked businesses. This move is set to address long-standing gaps in financial inclusion, targeting small and medium-sized enterprises (SMEs) that have traditionally faced challenges accessing banking services. Through this initiative, RoutePay intends to make digital finance [...]

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]]> https://www.theinfostride.com/routepay-expands-financial-access-for-under-banked-businesses/feed/ 0 Romantic Drama Reigns Supreme: ‘It Ends With Us’ Tops N64.6M in 2024 https://www.theinfostride.com/romantic-drama-reigns-supreme-it-ends-with-us-tops-n64-6m-in-2024/ https://www.theinfostride.com/romantic-drama-reigns-supreme-it-ends-with-us-tops-n64-6m-in-2024/#respond Wed, 09 Oct 2024 09:37:49 +0000 https://www.theinfostride.com/?p=390688 The Hollywood romance film, It Ends With Us, has shattered Nigerian box office records, grossing an impressive N64.6 million. Distributed by FilmOne, the movie continues to captivate audiences, who are encouraged to ‘head to the cinema and fall in love all over again,’ as shared by the company on X (formerly Twitter). Directed by Justin [...]

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]]> https://www.theinfostride.com/romantic-drama-reigns-supreme-it-ends-with-us-tops-n64-6m-in-2024/feed/ 0 Federal Government Unveils Plan to Formalize 1 Million Businesses Across Nigeria at Discounted Rates https://www.theinfostride.com/federal-government-unveils-plan-to-formalize-1-million-businesses-across-nigeria-at-discounted-rates/ https://www.theinfostride.com/federal-government-unveils-plan-to-formalize-1-million-businesses-across-nigeria-at-discounted-rates/#respond Sun, 14 Jan 2024 01:34:41 +0000 https://www.theinfostride.com/?p=367212 In a significant move to boost economic formalization and support entrepreneurship, the Federal Government of Nigeria has announced plans to formalize one million businesses across the country. The initiative aims to provide business owners with the opportunity to formalize their operations at discounted rates, fostering a conducive environment for economic growth and development. ### **Key [...]

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]]> https://www.theinfostride.com/federal-government-unveils-plan-to-formalize-1-million-businesses-across-nigeria-at-discounted-rates/feed/ 0 C&I Leasing Predicts 2024 Forex Challenges, Spells Tough Times for Businesses https://www.theinfostride.com/ci-leasing-predicts-2024-forex-challenges-spells-tough-times-for-businesses/ https://www.theinfostride.com/ci-leasing-predicts-2024-forex-challenges-spells-tough-times-for-businesses/#respond Thu, 23 Nov 2023 18:18:20 +0000 https://www.theinfostride.com/?p=361756 The Chief Executive Officer of C&I Leasing, Mr. Ugoji Lenin Ugoji, emphasized the significant impact the foreign exchange market will have on businesses in the coming year. Speaking during the 32nd Annual General Meeting for the financial year ending December 2022 in Lagos, Ugoji assured shareholders that the company would resume paying dividends in 2024. [...]

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]]> https://www.theinfostride.com/ci-leasing-predicts-2024-forex-challenges-spells-tough-times-for-businesses/feed/ 0 I’m Stunned To Find Out That Wig Renting Is A Business – Toolz https://www.theinfostride.com/im-stunned-to-find-out-that-wig-renting-is-a-business-toolz/ https://www.theinfostride.com/im-stunned-to-find-out-that-wig-renting-is-a-business-toolz/#respond Tue, 10 Jan 2023 17:48:02 +0000 https://www.theinfostride.com/?p=339454 Popular media personality, Toolz has come out to express her shock after discovering that women rent wig. She recently had her say via her social media page, and Nigerians have been reacting. Toolz simply wrote, “You people rent wigs?? Just found out today.” WOW.

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]]> https://www.theinfostride.com/im-stunned-to-find-out-that-wig-renting-is-a-business-toolz/feed/ 0 Why you should study MSc Business Analytics in Germany? https://www.theinfostride.com/why-you-should-study-msc-business-analytics-in-germany/ https://www.theinfostride.com/why-you-should-study-msc-business-analytics-in-germany/#respond Tue, 08 Mar 2022 17:41:15 +0000 https://www.theinfostride.com/?p=319983 The international business domain has been the frontrunner of technological and commercial developments throughout history. The professional domain is also one of the largest employment fields in the world and incredibly competitive space. Today, generic business skills and a bit of knowledge in commerce will not guarantee even a beginning role in the industry. You [...]

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]]> https://www.theinfostride.com/why-you-should-study-msc-business-analytics-in-germany/feed/ 0 Equities bounce back as capitalisation increases by N3 billion https://www.theinfostride.com/equities-bounce-back-as-capitalisation-increases-by-n3-billion/ https://www.theinfostride.com/equities-bounce-back-as-capitalisation-increases-by-n3-billion/#respond Mon, 03 Jan 2022 22:46:42 +0000 https://www.theinfostride.com/?p=315970 Going by the renewed bargain hunting in the shares of some blue-chip companies, the Nigerian equities’ market reversed losses to close in an upbeat yesterday, causing market capitalisation to appreciate by N3 billion. In summary, the all-share index (ASI) grew by 6.17 absolute points, representing an increase of 0.01 per cent to close at 41,813.27 [...]

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]]> https://www.theinfostride.com/equities-bounce-back-as-capitalisation-increases-by-n3-billion/feed/ 0 Be rest assured of improved business operation – PFA tells shareholders https://www.theinfostride.com/be-rest-assured-of-improved-business-operation-pfa-tells-shareholders/ https://www.theinfostride.com/be-rest-assured-of-improved-business-operation-pfa-tells-shareholders/#respond Mon, 03 Jan 2022 17:41:15 +0000 https://www.theinfostride.com/?p=315935 Pension Fund Administrator (PFA), Leadway Pensure, has selected a new managing director, Lanre Idris. The new development, according to the PFA, follows the recent retirement of Ronke Adedeji, its former managing director, who steered the ship of the organisation for over a decade. Idris has managerial experience spanning many positions across organisations and industries. His [...]

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]]> https://www.theinfostride.com/be-rest-assured-of-improved-business-operation-pfa-tells-shareholders/feed/ 0 Financial constraints slowing down growth of small businesses in Nigeria — FATE Foundation https://www.theinfostride.com/financial-constraints-slowing-down-growth-of-small-businesses-in-nigeria-fate-foundation/ https://www.theinfostride.com/financial-constraints-slowing-down-growth-of-small-businesses-in-nigeria-fate-foundation/#respond Sun, 28 Nov 2021 18:57:10 +0000 https://www.theinfostride.com/?p=313738 Lack of financial support has been highlighted as major impediments to growth of small-scale businesses in Nigeria.   Latest report by FATE Foundation on business performance in Nigeria, disclosed that limited access to finance, inadequate infrastructure, poor financial management and government policies, poor capacity and insecurity are leading collapse of many small scale businesses in [...]

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]]> https://www.theinfostride.com/financial-constraints-slowing-down-growth-of-small-businesses-in-nigeria-fate-foundation/feed/ 0 Why studying for a diploma in business will enhance your career? https://www.theinfostride.com/why-studying-for-a-diploma-in-business-will-enhance-your-career/ https://www.theinfostride.com/why-studying-for-a-diploma-in-business-will-enhance-your-career/#respond Thu, 18 Nov 2021 13:29:49 +0000 https://www.theinfostride.com/?p=313000 Whether you opt for a part-time, full-time, modular, diploma, executive or mini-course format, a business degree or certificate is the most proven way to level up your career. As business graduates have access to a wide range of employment opportunities and big fat paychecks, a business diploma is regarded as a wise move in career [...]

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]]> https://www.theinfostride.com/why-studying-for-a-diploma-in-business-will-enhance-your-career/feed/ 0 Meta unveils business-coaching tool on WhatsApp to aid SMEs https://www.theinfostride.com/meta-unveils-business-coaching-tool-on-whatsapp-to-aid-smes/ https://www.theinfostride.com/meta-unveils-business-coaching-tool-on-whatsapp-to-aid-smes/#respond Wed, 10 Nov 2021 20:29:04 +0000 https://www.theinfostride.com/?p=312417 Meta launches Facebook Business Coach, which it described as an innovative and easily-accessible way for owners of small-and-medium-sized businesses (SMBs) in South Africa, Nigeria, and Kenya and other English speaking countries to learn more about how to grow their business online with Facebook, Instagram and WhatsApp. The Facebook Business Coach, available on WhatsApp, is a [...]

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]]> https://www.theinfostride.com/meta-unveils-business-coaching-tool-on-whatsapp-to-aid-smes/feed/ 0 Shell announces new business line in Nigeria https://www.theinfostride.com/shell-announces-new-business-line-in-nigeria/ https://www.theinfostride.com/shell-announces-new-business-line-in-nigeria/#respond Thu, 04 Nov 2021 17:32:00 +0000 https://www.theinfostride.com/?p=312000 Global energy giant, Shell, has unveiled the expansion to a new business line in Nigeria with the expansion of natural gas sales and distribution to meet the growing energy needs of wholesale consumers and provide more and cleaner energy across the country. The new business line, which is Shell Energy Nigeria will seek to deliver [...]

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]]> https://www.theinfostride.com/shell-announces-new-business-line-in-nigeria/feed/ 0 Our payment system brought in $500 million investment in five years – CBN https://www.theinfostride.com/our-payment-system-brought-in-500-million-investment-in-five-years-cbn/ https://www.theinfostride.com/our-payment-system-brought-in-500-million-investment-in-five-years-cbn/#respond Thu, 07 Oct 2021 12:20:03 +0000 https://www.theinfostride.com/?p=309743 In the space of 2015 and 2020, Nigeria’s payment system accumulated around $500 million in investments due to increased level of confidence. This made known by Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele while speaking at the bank’s 31st seminar for financial correspondents and business editors in Enugu State, themed, ‘Trends in [...]

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]]> https://www.theinfostride.com/our-payment-system-brought-in-500-million-investment-in-five-years-cbn/feed/ 0 We still have serious security issue – FG towards plans for independence day celebration https://www.theinfostride.com/we-still-have-serious-security-issue-fg-towards-plans-for-independence-day-celebration/ https://www.theinfostride.com/we-still-have-serious-security-issue-fg-towards-plans-for-independence-day-celebration/#respond Fri, 24 Sep 2021 19:24:22 +0000 https://www.theinfostride.com/?p=308735 The Federal Government has sensitized and informed the general public to heightened security activities ahead of preparations to mark Nigeria’s 61st independence anniversary in a couple of days. The warning is coming as the country is faced with different security challenges from terrorists, kidnappers, bandits and even some separatist or self-determination groups. This information was [...]

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]]> https://www.theinfostride.com/we-still-have-serious-security-issue-fg-towards-plans-for-independence-day-celebration/feed/ 0 GDP merits and demerits of doing business in Nigeria https://www.theinfostride.com/gdp-merits-and-demerits-of-doing-business-in-nigeria/ https://www.theinfostride.com/gdp-merits-and-demerits-of-doing-business-in-nigeria/#respond Sun, 19 Sep 2021 19:49:16 +0000 https://www.theinfostride.com/?p=308393 According to the published GDP report released of recent by the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) grew by 5.01% (year-on-year) in real terms in the second quarter of 2021, marking three consecutive quarters of growth following the negative growth rates recorded in the second and third quarters of 2020. Year [...]

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]]> https://www.theinfostride.com/gdp-merits-and-demerits-of-doing-business-in-nigeria/feed/ 0 World Bank quits Doing Business report over irregularities https://www.theinfostride.com/world-bank-quits-doing-business-report-over-irregularities/ https://www.theinfostride.com/world-bank-quits-doing-business-report-over-irregularities/#respond Fri, 17 Sep 2021 16:31:55 +0000 https://www.theinfostride.com/?p=308262 The World Bank Group on Thursday have stated that it has stopped the publishing of its Doing Business report after 18 years – the first edition was published in 2003. The doing business index measured regulations directly affecting the ease of doing businesses in 190 countries. World Bank said it reached the decision to discontinue [...]

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]]> https://www.theinfostride.com/world-bank-quits-doing-business-report-over-irregularities/feed/ 0 Despite the reduction in inflation, Food prices still remain on the high side. https://www.theinfostride.com/despite-the-reduction-in-inflation-food-prices-still-remain-on-the-high-side/ https://www.theinfostride.com/despite-the-reduction-in-inflation-food-prices-still-remain-on-the-high-side/#respond Thu, 16 Sep 2021 13:51:01 +0000 https://www.theinfostride.com/?p=308184 Food index, a closely watched index, which measures the rate of change in the prices of food items in the country, dropped to 20.3 per cent in August 2021, compared to 21.03 per cent recorded in the previous month. According to the report, the rise in the food index was caused by increases recorded in [...]

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]]> https://www.theinfostride.com/despite-the-reduction-in-inflation-food-prices-still-remain-on-the-high-side/feed/ 0 DPR to still function as business enabler for NNPC to give worth to Nigerians https://www.theinfostride.com/dpr-to-still-function-as-business-enabler-for-nnpc-to-give-worth-to-nigerians/ https://www.theinfostride.com/dpr-to-still-function-as-business-enabler-for-nnpc-to-give-worth-to-nigerians/#respond Thu, 09 Sep 2021 20:36:05 +0000 https://www.theinfostride.com/?p=307663 The Department of Petroleum Resources (DPR) has said that it is willing to still play its support role to the Nigerian National Petroleum Corporation (NNPC) as a business enabler to deliver value to Nigerians. This is as the oil and gas regulator has expressed its commitment to oil exploration in the country and appreciates the [...]

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]]> https://www.theinfostride.com/dpr-to-still-function-as-business-enabler-for-nnpc-to-give-worth-to-nigerians/feed/ 0 Nigeria is on the verge of collapse – Ex-CBN deputy governor https://www.theinfostride.com/nigeria-is-on-the-verge-of-collapse-ex-cbn-deputy-governor/ https://www.theinfostride.com/nigeria-is-on-the-verge-of-collapse-ex-cbn-deputy-governor/#respond Tue, 07 Sep 2021 22:03:40 +0000 https://www.theinfostride.com/?p=307498 Nigeria, is already on the verge of collapse unless drastic measures are taken to reverse the negative trend. This was disclosed by former Deputy Governor of Central Bank of Nigeria (CBN), Dr. Obadaih Mailafia, in Akure, the Ondo State capital, during a symposium with the theme “The Role of the Church in Nation-Building,” organised by [...]

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]]> https://www.theinfostride.com/nigeria-is-on-the-verge-of-collapse-ex-cbn-deputy-governor/feed/ 0 Firm holds conference for business experts https://www.theinfostride.com/firm-holds-conference-for-business-experts/ https://www.theinfostride.com/firm-holds-conference-for-business-experts/#respond Fri, 27 Aug 2021 19:57:03 +0000 https://www.theinfostride.com/?p=305026 In an effort to stem incidences of business failures in the corporate polity, H. Michael & Co. founded by Dr. Adeyinka Hassan in commemoration of its 10th anniversary has put together a conference tagged: Corporate Governance and Enterprise Development conference. The convener, Dr. Hassan, is a notable Corporate Governance Practitioner and a frontline advocate of [...]

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]]> https://www.theinfostride.com/firm-holds-conference-for-business-experts/feed/ 0 Binance US CEO resigns over strategic differences https://www.theinfostride.com/binance-us-ceo-resigns-over-strategic-differences/ https://www.theinfostride.com/binance-us-ceo-resigns-over-strategic-differences/#respond Sun, 08 Aug 2021 20:56:30 +0000 https://www.theinfostride.com/?p=303322 Brian Brooks, the CEO of cryptocurrency exchange Binance US has resigned just three months after taking over the role. Brooks announced the resignation through his Twitter account, where he indicated that strategic differences with the exchange forced him to quit. In the post, Brooks did not state the specific nature of the cited strategic differences. [...]

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]]> https://www.theinfostride.com/binance-us-ceo-resigns-over-strategic-differences/feed/ 0 Jeff Bezos still seething about SpaceX’s NASA deal https://www.theinfostride.com/jeff-bezos-still-seething-about-spacexs-nasa-deal/ https://www.theinfostride.com/jeff-bezos-still-seething-about-spacexs-nasa-deal/#respond Thu, 05 Aug 2021 21:37:57 +0000 https://www.theinfostride.com/?p=303042 Last month, Sir Richard Branson won the first stage of the billionaire space race; when he made it into low-Earth orbit on board his spaceplane Unity22. A short while later, Jeff Bezos followed suit on the New Shepard rocket; Blue Origin’s proposition for future commercial space exploration. Elon Musk’s SpaceX is last to launch a [...]

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]]> https://www.theinfostride.com/jeff-bezos-still-seething-about-spacexs-nasa-deal/feed/ 0 There’s Nothing Wrong With Doing Businesses You’re Not Passionate About – Akin Alabi https://www.theinfostride.com/theres-nothing-wrong-with-doing-businesses-youre-not-passionate-about-akin-alabi/ https://www.theinfostride.com/theres-nothing-wrong-with-doing-businesses-youre-not-passionate-about-akin-alabi/#respond Mon, 02 Aug 2021 19:56:37 +0000 https://www.theinfostride.com/?p=302726 Popular member of the House of Representatives, Akin Alabi has come out to write about business and passion. He recently had his say via his social media page, and Nigerians have been reacting. According to him, only a foolish person believe just his or her passion can put food on their table during their lifetime. [...]

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]]> https://www.theinfostride.com/theres-nothing-wrong-with-doing-businesses-youre-not-passionate-about-akin-alabi/feed/ 0 Mobile money transactions in sub-Saharan Africa hits $490bn — Report https://www.theinfostride.com/mobile-money-transactions-in-sub-saharan-africa-hits-490bn-report/ https://www.theinfostride.com/mobile-money-transactions-in-sub-saharan-africa-hits-490bn-report/#respond Sun, 11 Jul 2021 22:04:52 +0000 https://www.theinfostride.com/?p=300396 Restrictions on movement and reduction in the handling of physical cash because of the COVID-19 pandemic caused mobile money transaction volumes in sub-Saharan to reach $490bn in 2020, Visa has said. This was a 23 per cent increase from 2019, according to a report titled ‘Innovation, partnership, and co-creation key to driving digital payment growth [...]

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]]> https://www.theinfostride.com/mobile-money-transactions-in-sub-saharan-africa-hits-490bn-report/feed/ 0 Experts ask Nigeria to explore business process outsourcing https://www.theinfostride.com/experts-ask-nigeria-to-explore-business-process-outsourcing/ https://www.theinfostride.com/experts-ask-nigeria-to-explore-business-process-outsourcing/#respond Sun, 11 Jul 2021 21:59:54 +0000 https://www.theinfostride.com/?p=300393 Experts have highlighted the need to boost Nigeria’s services exports and encourage business services outsourcing in order to spur job creation and economic development. A senior analyst at SBM Intelligence, Joachim MacEbong, said Nigeria must learn to be export-focused to achieve prosperity for its large population. He said, “There is a lot of potential for [...]

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]]> https://www.theinfostride.com/experts-ask-nigeria-to-explore-business-process-outsourcing/feed/ 0 Congestion at South China ports worsens on anti-coronavirus measures https://www.theinfostride.com/congestion-at-south-china-ports-worsens-on-anti-coronavirus-measures/ https://www.theinfostride.com/congestion-at-south-china-ports-worsens-on-anti-coronavirus-measures/#respond Sun, 13 Jun 2021 09:58:52 +0000 https://www.theinfostride.com/?p=297076 Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases, causing the biggest backlog since at least 2019. More than 150 coronavirus cases have been reported in Guangdong province, a key manufacturing and exporting hub in southern China, since the latest wave of [...]

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]]> https://www.theinfostride.com/congestion-at-south-china-ports-worsens-on-anti-coronavirus-measures/feed/ 0 NCC to reveal new voice tariff between local, international operators https://www.theinfostride.com/ncc-to-reveal-new-voice-tariff-between-local-international-operators/ https://www.theinfostride.com/ncc-to-reveal-new-voice-tariff-between-local-international-operators/#respond Fri, 11 Jun 2021 23:09:06 +0000 https://www.theinfostride.com/?p=296948 The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice services between local and international operators in Nigeria The Commission made this known at the final stakeholders’ forum for the presentation of the study on cost-based [...]

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]]> https://www.theinfostride.com/ncc-to-reveal-new-voice-tariff-between-local-international-operators/feed/ 0 Trade between Nigeria, South Africa hits $2.9b in 2020 https://www.theinfostride.com/trade-between-nigeria-south-africa-hits-2-9b-in-2020/ https://www.theinfostride.com/trade-between-nigeria-south-africa-hits-2-9b-in-2020/#respond Thu, 10 Jun 2021 23:34:13 +0000 https://www.theinfostride.com/?p=296830 Despite concerns about xenophobia between Nigeria and South Africa, bilateral ties between the two countries hit $2.9 billion last year with hopes of improved trade with the African Continental Free Trade Area (AfCFTA).   According to Nigeria’s Consulate in Johannesburg, Nigeria accounts for 64 per cent of South Africa’s trade in West Africa and is [...]

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]]> https://www.theinfostride.com/trade-between-nigeria-south-africa-hits-2-9b-in-2020/feed/ 0 Glo unveils ‘Always On’ package https://www.theinfostride.com/glo-unveils-always-on-package/ https://www.theinfostride.com/glo-unveils-always-on-package/#respond Thu, 10 Jun 2021 22:45:02 +0000 https://www.theinfostride.com/?p=296809  National telecoms operator, Globacom, has moved to address a common problem usually encountered by phone users whose lines get disconnected after 90 days as a result of inactivity.   To bring relief to this category of subscribers, the company, yesterday, announced the introduction of ‘Always On’, a new prepaid tariff, which allows subscribers to retain [...]

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]]> https://www.theinfostride.com/glo-unveils-always-on-package/feed/ 0 Nigeria’s GDP to grow by $3 billion on import reduction https://www.theinfostride.com/nigerias-gdp-to-grow-by-3-billion-on-import-reduction/ https://www.theinfostride.com/nigerias-gdp-to-grow-by-3-billion-on-import-reduction/#respond Tue, 08 Jun 2021 22:00:19 +0000 https://www.theinfostride.com/?p=296557 Nigeria’s Gross Domestic Product (GDP) will grow by about $3 billion, if the country can reduce its imports. The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, who, at the weekend, advocated for import substitution, noted that the importation of petroleum products alone makes up about 25 per cent of annual imports aside [...]

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]]> https://www.theinfostride.com/nigerias-gdp-to-grow-by-3-billion-on-import-reduction/feed/ 0 Lagos plans biggest technology cluster in West Africa https://www.theinfostride.com/lagos-plans-biggest-technology-cluster-in-west-africa/ https://www.theinfostride.com/lagos-plans-biggest-technology-cluster-in-west-africa/#respond Sun, 06 Jun 2021 21:37:17 +0000 https://www.theinfostride.com/?p=296274 The Lagos State Government says it has concluded plans with Facebook and Google to construct the biggest technology cluster in West Africa. This was disclosed on by the Lagos State Governor, Babajide Sanwo-Olu, during a tour of the two major innovation and technology hubs in the state, according to a statement Sanwo-Olu said, “Technology is [...]

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]]> https://www.theinfostride.com/lagos-plans-biggest-technology-cluster-in-west-africa/feed/ 0 Worries as N796b investors’ losses in May extends into June https://www.theinfostride.com/worries-as-n796b-investors-losses-in-may-extends-into-june/ https://www.theinfostride.com/worries-as-n796b-investors-losses-in-may-extends-into-june/#respond Sat, 05 Jun 2021 14:04:21 +0000 https://www.theinfostride.com/?p=296061 Insecurity in the country and other macroeconomic challenges, coupled with uncertainty in the global economy, may continue to take a toll on the Nigerian Exchange Limited (NGX), as investors, having lost N796 billion in May, might experience similar losses this month. Specifically, the market capitalisation of listed equities, which opened the month of May at [...]

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]]> https://www.theinfostride.com/worries-as-n796b-investors-losses-in-may-extends-into-june/feed/ 0 Democracy fails to stimulate growth, financial experts cries https://www.theinfostride.com/democracy-fails-to-stimulate-growth-financial-experts-cries/ https://www.theinfostride.com/democracy-fails-to-stimulate-growth-financial-experts-cries/#respond Sat, 05 Jun 2021 13:48:01 +0000 https://www.theinfostride.com/?p=296057 Capital market experts have rated the country’s democratic regime as one that has failed to create a competitive edge for the domestic investment market. Assessing Nigeria’s unbroken democracy since 1999, the stakeholders argued that the era delivered less than expected in terms of stimulating growth. They said the application of democratic practice has been below [...]

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]]> https://www.theinfostride.com/democracy-fails-to-stimulate-growth-financial-experts-cries/feed/ 0 First Bank South-east branches remain open for business https://www.theinfostride.com/first-bank-south-east-branches-remain-open-for-business/ https://www.theinfostride.com/first-bank-south-east-branches-remain-open-for-business/#respond Fri, 04 Jun 2021 15:52:10 +0000 https://www.theinfostride.com/?p=295950 First Bank of Nigeria Limited has debunked reports that its branches in the South-East part of the country have been closed due to the rising insecurity in the region. “This is to inform the public that our South-East branches are fully open for business. Please disregard any news making the rounds that is contrary to [...]

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]]> https://www.theinfostride.com/first-bank-south-east-branches-remain-open-for-business/feed/ 0 Tech: How to Create a Digital Presence for your Business https://www.theinfostride.com/tech-how-to-create-a-digital-presence-for-your-business/ https://www.theinfostride.com/tech-how-to-create-a-digital-presence-for-your-business/#respond Sat, 15 May 2021 18:52:45 +0000 https://www.theinfostride.com/?p=293584 National Technology Day, a day that celebrates technological advancements and achievements that have significantly added to India’s growth. Technological advancements have always been important and vital; but now, technology has become an integral way to address the myriad of challenges posed by the ongoing global pandemic. The second wave of coronavirus has shut the nation [...]

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]]> https://www.theinfostride.com/tech-how-to-create-a-digital-presence-for-your-business/feed/ 0 Bitcoin’s Value Flatter second Day, Falls Below Technical Level https://www.theinfostride.com/bitcoins-value-flatter-second-day-falls-below-technical-level/ https://www.theinfostride.com/bitcoins-value-flatter-second-day-falls-below-technical-level/#respond Tue, 26 Jan 2021 05:09:24 +0000 https://www.theinfostride.com/?p=282929 Bitcoin’s torrid rally lost more steam this week, with the cryptocurrency lying below its 10-day moving average and falling for a second straight day. The largest digital asset is down as much as 8.4% over a two-day slide and was trading at $34,670 as of 6:38 a.m. in London; according to price data consolidated by [...]

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]]> https://www.theinfostride.com/bitcoins-value-flatter-second-day-falls-below-technical-level/feed/ 0 My Beauty Business Takes 90 Percent Of My Time, Nollywood Takes The Rest – Biodun Okeowo https://www.theinfostride.com/my-beauty-business-takes-90-percent-of-my-time-nollywood-takes-the-rest-biodun-okeowo/ Sun, 12 Jan 2020 14:29:45 +0000 https://www.theinfostride.com/?p=244820 Nollywood actress, Biodun Okeowo a.k.a Omoborty has come out to talk about her curves. According to her, she was once shy of flaunting her body until social media boosted her self confidence. In a recent interview with Saturday Beats, the movie star said at some point, she even had to wear things underneath her clothes [...]

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]]> The Way People Choose To See Me Is Not My Business – Adekunle Gold https://www.theinfostride.com/the-way-people-choose-to-see-me-is-not-my-business-adekunle-gold/ Thu, 05 Dec 2019 00:18:35 +0000 https://www.theinfostride.com/?p=242414 Popular singer, Adekunle Gold has jumped on Twitter to have his say on how the way people choose to see him is not his business. It all started when a fan told him he has changed since he got married and he does not appreciate him as much as he used to. The singer quickly [...]

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