Chairman of BUA Group, Abdul Samad Rabiu, has warned food hoarders to brace for further price drops, especially on rice and other staples.Speaking to journalists after meeting President Bola Tinubu on Thursday, Rabiu said BUA Foods took full advantage o… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader BUA chairman warns hoarders as rice prices set to crash further By Busola Bamidele on May 16, 2025 Chairman of BUA Group, Abdul Samad Rabiu, has warned food hoarders to brace for further price drops, especially on rice and other staples. Speaking to journalists after meeting President Bola Tinubu on Thursday, Rabiu said BUA Foods took full advantage of Tinubu's food import waiver policy, which allowed them to import large volumes of wheat, maize, and rice, significantly reducing food prices. He recalled that in 2024, rice sold for about N100,000 per 50kg bag, maize for N60,000, flour for N80,000, and pasta over N20,000 per carton. "We keyed into the waiver and crashed these prices," he said. Read also: BUA chairman warns hoarders as rice prices set to crash further Nigeria's EBRD membership opens door to global capital for SMEs How to set career goals that actually drive results Italy's inflation steady at 1.9% despite price surge Mastering the art of delegation for career advancement Rabiu blamed local rice companies for hoarding paddy to inflate prices, calling the act unpatriotic. "Many Nigerian companies hoard paddy rice, causing price surges," he added. He commended President Tinubu's foresight in granting import waivers and reiterated BUA's commitment to keeping prices low for Nigerians.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110

Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD), a move that is set to significantly enhance access to international finance for small and medium-sized enterprises (SMEs) and other private sector players. Fin… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Nigeria's EBRD membership opens door to global capital for SMEs By Abimbola Akomolafe on May 16, 2025 Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD), a move that is set to significantly enhance access to international finance for small and medium-sized enterprises (SMEs) and other private sector players. Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun, announced the development at the 2025 EBRD Annual Meeting in London. He described Nigeria's admission as a major milestone in the country's ongoing economic reforms, aimed at fostering transparency, private sector growth, and inclusive development. With over 80% of the EBRD's financing allocated to the private sector, Nigeria's SMEs now have increased opportunities to secure funding for projects in energy, infrastructure, agriculture, and digital innovation. The bank also offers technical support to help businesses scale sustainably. Read also, Nigeria's EBRD membership opens door to global capital for SMEs How to set career goals that actually drive results Italy's inflation steady at 1.9% despite price surge Mastering the art of delegation for career advancement Agribusiness empowers youths as private sector urges government to boost food production "This is a proud day for Nigeria," Edun said. "Joining the EBRD strengthens our commitment to building a rules-based economy and boosting investor confidence." During the summit themed "Expanding Horizons, Enduring Strengths," Edun also met with representatives from France and the United States to bolster Nigeria's international economic partnerships. The development is expected to catalyze foreign investment, empower local enterprises, and accelerate Nigeria's long-term growth agenda.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110

Setting career goals is a common practice, but setting the right goals—and achieving them—is where many professionals struggle. Too often, people set vague or unrealistic goals that lead to frustration or stagnation. Effective career goals are clear… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader How to set career goals that actually drive results By Olamide Adedara on May 16, 2025 Setting career goals is a common practice, but setting the right goals—and achieving them—is where many professionals struggle. Too often, people set vague or unrealistic goals that lead to frustration or stagnation. Effective career goals are clear, actionable, and aligned with both your personal values and long-term vision. Why Career Goals Matter: They provide direction and help prioritize decisions. They give you a sense of purpose and motivation. They help you measure progress and celebrate wins. They reveal skill gaps and areas for development or training. Types of Career Goals: Short-Term Goals – Skills to learn, projects to complete, certifications to earn. Mid-Term Goals – Promotions, new roles, leadership opportunities. Long-Term Goals – Career changes, starting a business, becoming an expert or thought leader. How to Set Effective Career Goals (The SMART Approach): Specific: What exactly do you want to achieve? Measurable: How will you track your progress? Achievable: Is it realistic given your current resources? Relevant: Does it align with your career path or interests? Time-Bound: What is your timeline for achieving it? Action Tips: Write down your goals and revisit them regularly. Break large goals into smaller steps with deadlines. Seek accountability—share your goals with a mentor or peer. Celebrate milestones to stay motivated. Be flexible; goals can evolve as your interests and industry change. Conclusion: Career success rarely happens by accident. When you set intentional, well-structured goals, you move from reacting to your career to actively shaping it. Take control of your growth by turning your aspirations into a plan—and your plan into progress.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110