A new report by the Sea Empowerment and Research Center (SEREC) warns that Nigeria Customs Service's plan to auction 905 overtime containers could fetch about ₦996 million, but risks losing more than ₦1.5 billion in potential duties and taxes. … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader SMEs urge customs to prioritise clearance over auctions By Enitan Ajebukola Ajewumi on August 21, 2025 A new report by the Sea Empowerment and Research Center (SEREC) warns that Nigeria Customs Service's plan to auction 905 overtime containers could fetch about ₦996 million, but risks losing more than ₦1.5 billion in potential duties and taxes. The analysis shows that proper clearance of the goods—valued at over ₦3.3 billion (CIF)—would yield higher government revenue while supporting trade compliance. Importers, however, face steep clearance costs of more than ₦720 million, often leading to abandoned cargo and port congestion. Read also, For SMEs, the findings highlight the need for simplified clearance procedures and reduced charges, which would not only increase government earnings but also help small businesses access goods more affordably and grow sustainably.

SMALL BUSINESS INSIGHTS © 2025. Unsubscribe or manage your email subscriptions. 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

The Nigeria International Agriculture Expo (NIAEXPO 2025) will showcase Nigeria's agricultural potential with special focus on empowering SMEs, women, and youth in agribusiness. Project Coordinator, Abiodun Olaniyi, said the event will address key … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader NIAEXPO 2025 to spotlight SMEs women and youth in agribusiness By Enitan Ajebukola Ajewumi on August 21, 2025 The Nigeria International Agriculture Expo (NIAEXPO 2025) will showcase Nigeria's agricultural potential with special focus on empowering SMEs, women, and youth in agribusiness. Project Coordinator, Abiodun Olaniyi, said the event will address key challenges like post-harvest losses, low input efficiency, and supply gaps while promoting innovation across livestock, finance, organic farming, and agroecology. The expo will also highlight opportunities in underutilized crops such as moringa, broccoli, and flowers. Regional Lead, Adekunle Adamson, noted that this year's edition includes a Farmers' Day and a Women Entrepreneurship Hub to provide training on packaging, marketing, product registration, and market access. With capacity-building sessions, knowledge-sharing forums, and international partnerships, NIAEXPO 2025 aims to position Nigerian SMEs as major players in agribusiness locally and globally.

SMALL BUSINESS INSIGHTS © 2025. Unsubscribe or manage your email subscriptions. 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

The modern workplace is constantly evolving industries shift, technologies advance, and business priorities change overnight. In this environment, adaptability is no longer a nice-to-have; it's a survival skill. Professionals who embrace change ra… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader The power of adaptability in a rapidly changing workplace By Olamide Adedara on August 21, 2025 The modern workplace is constantly evolving industries shift, technologies advance, and business priorities change overnight. In this environment, adaptability is no longer a nice-to-have; it's a survival skill. Professionals who embrace change rather than fear it stay relevant and open to new opportunities. Adaptability means learning quickly, unlearning outdated methods, and being willing to step outside your comfort zone. Whether it's taking on an unfamiliar project, learning a new tool, or adjusting to a new team structure, flexible employees are often the first to be trusted with leadership roles. Rigid skillsets can become obsolete, but a mindset that welcomes change will always be in demand.

SMALL BUSINESS INSIGHTS © 2025. Unsubscribe or manage your email subscriptions. 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