SMALL businesses have lamented the sharp rise in operating costs, largely driven by poor power supply and cut-throat fuel prices. They said the situation has forced them to re-evaluate entrepreneurship while some have completely shut down operations, stating that they can no longer cope with the situation. According to them, the situation has been significantly worsened by the removal of fuel…

The inactivity in the manufacturing sector, occasioned by the effect of rising inflation, high interest rates, forex

The Federal Government has signed the Cape Town Convention (CTC) Practice Directions to reduce the cost of airline operations in the Nigerian aviation sector. The CTC Practice Direction was signed by the Chief Judge of the Federal High Court...

The high cost of energy continues to take its toll on businesses in the form of high production cost, with two companies spending

The effect of the harsh operating environment has continued to impact negatively on the operations of the nation's brewery industry, as prolonged inflation, unemployment and overall hardship impact negatively on consumer disposable income, resulting in shrinking demands for product.

Going by current happenings in the economy, which has affected virtually all the sectors, from manufacturing to FMCG, among others, it is no longer a matter of ‘if’ but ‘when’ an upward review of the current prices for telecommunications services in the country would happen.

Again, stakeholders in Nigeria’s Organised Private Sector (OPS) have expressed grave concerns over the skyrocketing cost of doing business, saying that they fear for their survival.

Businesses across different sectors have lamented the worsening state of power supply in the country, which they said has forced them to rely more on alternative sources of energy.