Genetically Modified (GM) foods are foods that are produced from genetically modified organisms (GMO) that have had their DNA altered through genetic engineering. Genetic modification, also known as genetic engineering, simply means having the DNA of crops and foodstuffs...
The Yuletide has witnessed a significant consumption rate across the country in the consumer goods sector. On a larger scale, sachet usage has dominated the retail industry in many parts of Africa but more significantly in Nigeria, where the...
Despite the significance of small and medium enterprises (SMEs) to the economy and national development, Africa has a high rate of business failures and short-lived businesses. In Nigeria SMEs account for 48 percent of the national GDP, 96 percent...
July 24, (THEWILL) - The COVID-19 pandemic and economic turbulence have had a significant impact on businesses, manufacturers and households, including individual lifestyle and well-being in recent times. The direct consequence of this has been rising inflation with quite...
July 10, (THEWILL) –The term “informal economy” covers a vast array of circumstances and events throughout the country. In contrast, working in the informal economy (IE) is frequently based on small or undefined workplaces, unsafe and unhealthy working conditions,...
June 21, (THEWILL) – In recent times, we have seen more businesses reporting low or no profit and, in some cases, no revenue. The case of business failures is equally high and prevalent, which could be attributed to the...
May 23, (THEWILL) - The rising cost of living is impacting globally but differently, and it is clearly evident that expenses and bills continue to rise steeply. The cost of food, household consumables and other essentials has skyrocketed in...
May 09, (THEWILL) – Many people are unaware that the small business sector in Nigeria can have a significant impact on both the environment and the economy. The sector could also provide the country with rapid industrialisation and non-oil...
February 06, (THEWILL) - Small businesses, whether nano, micro, small or medium-sized enterprises, are important for many reasons. On one hand, they are important contributors to any economy and the lifeblood of many developing and underdeveloped economies. Small businesses...
January 09, (THEWILL) - Every country, regardless of the size of its population, level of development and industrial capacity, can benefit from an efficient transportation network, be it road, waterways, rail, or air transport. But on the contrary, transport poverty...