Now more than ever, finding passion in your work has become a significant aspect of businesses and a consumer demand. Times are changing, propelled by the Covid-19 Pandemic and the working landscape is seeing the most repercussions. Employees are more interested in working for a job they love versus sacrificing their personal life for a paycheck. So what does this look like? It starts from the top and trickles throughout the organization. And that's where you, the business owner, come in. As entrepreneurs, it's our job to create, promote, and foster a positive and healthy work environment - after all,…

Stocks of the financial services sector led the activity chart of the Nigerian Exchange Limited last week, leading to N1.3tn gain for investors. Also, the NGX All-Share Index and Market Capitalisation appreciated by 3.89 per cent to close the week at 65,003.39 and N35.395tn respectively. Consequently, the year-to-date gains of the NGX ASI rose to 26.83 per cent. A total turnover of 4.182 billion shares worth N99.048bn in 41,446 deals were traded last week by investors on the floor of the exchange, in contrast to a total of 5.246 billion shares valued at N63.417bn that exchanged hands in the preceding…

Manufacturers Association of Nigeria has said its members are currently spending between 35 per cent to 40 per cent of total costs on energy needs. President, MAN, Francis Meshioye, stated this during an exclusive interview with The PUNCH. According to him, any increase in energy costs such as electricity tariff or fuel price hike increases their cost. Meshioye said, “We rejected the hike in electricity tariff because, in the first instance, energy cost is very high for manufacturers, particularly those who consume much like steel manufacturers. “It takes an average of 35 to 40 per cent of their total costs.…

A new body of research on Africa reveals that knowledge, expertise and founder commitment are what makes or breaks commercial businesses. Drawing data from across the continent, the team of researchers at African Scalecraft identified attributes indicative of a private company’s probable success. The research project sets out to understand the contexts, barriers, enablers and future pathways necessary to scale commercial ventures in Sub-Saharan Africa. On the subject of leadership, the researchers write: “Internationally…founders of high-growth ventures are often highly educated and exhibit prior industry and leadership experience, if not necessarily prior entrepreneurial experience. High-growth ventures are also usually managed…