Skip to main content

Posts

Showing posts with the label business

Cement Business in Nigeria

  Every building needs cement, making its market demand high. If you wish to start a cement business in Nigeria, you're on the right track. However, you can't suddenly start any business without proper knowledge and planning. This article discusses everything there is to know about the cement business in Nigeria, ranging from the cost and steps to take. Cement Demand in Nigeria The demand for cement in Nigeria has increased tremendously over the years, and the increase in population and industrialization have caused this demand. Many industries use cement, such as construction, manufacturing, and mining. So, the need for cement is high because it's used in almost every industry. Other factors affect the demand for cement. For example, the Nigerian government has been working hard to improve infrastructure by constructing roads, bridges, schools, hospitals, and other buildings. These projects need cement, which makes the demand for cement high. Another factor affecting the

Logistics Business in Nigeria

  Every day, Nigerians keep thinking about what business to do to bring some food to the table, and the logistics business is another one. The logistics business in Nigeria has been growing fast because of the increasing demand for goods and services by people across the country. Have you thought about starting this business but don't know where to start? I'll guide you through everything you need to know in this article. Follow along! The Logistics Business The logistics business is an industry that deals with moving things from one place to another. It involves businesses like trucking, warehousing, transportation, and more. There are many ways to run a logistics business. You can either work as a sole proprietor or partner with other companies. If you're planning on starting your own business, you should know the risks involved before you start. These risks include: Lack of capital Poor management skills Bad credit history No experience High costs Low-profit margins Un

Export Business in Nigeria

  Do you want to start an export business in Nigeria? If yes, then you are at the right place. In this article, I will discuss export and share some of the critical things you should consider before starting an export business in Nigeria. The Nigerian economy has grown steadily over the last decade, which has led to increased demand for imports from other countries. As a result, the country now exports more goods than it does food. Exporting is a great way to earn extra income; however, it is also risky because of the high cost of importing into Nigeria. Therefore, it is essential to research Nigeria's business opportunities before embarking on an export venture. What is Exporting? Exporting means selling your products or services outside the borders of your home country. You can do this through local agents or directly with international buyers. The main advantage of exporting is selling your product in foreign markets while earning profits. Another advantage is that you don't

Oil Companies in Nigeria

  Oil production is a big deal in Nigeria and has increased rapidly over the last decade. This has led to a sharp increase in oil exploration and extraction equipment demand. Indeed, Nigeria is Africa's largest crude oil and natural gas producer. The country also holds the third-largest proven petroleum reserves after Saudi Arabia and Venezuela. In 2016 alone, Nigeria produced 2.2 million barrels per day of crude oil, accounting for nearly 20% of the global supply. While the impact of oil on the country's growth is massive and worth discussing, this article focuses on the oil companies in Nigeria. Shell The Shell Group is one of the world’s leading integrated energy businesses. Since its founding, Shell has operated in Nigeria and employs more than 100,000 people. Also, Shell sells its products in about 180 countries through several dealers. Its core business consists of upstream, midstream, and downstream. Upstream activities include oil and gas exploration; midstream includ