Before the discovery of oil, the economy of Nigeria depended largely on agriculture. Upon the discovery of oil, the country’s attention shifted to oil exploration as the main driver of the economy, accounting for over 80% of the country’s foreign exchange earnings. The recent crash in global oil prices, resulting in dwindling oil revenue and...Read More

Introduction An independent assessment of the investment market will reveal that foreign investors are increasingly willing to invest in businesses run by Nigerians who have better understanding of the local terrain as opposed to setting up and running them personally. The last decade witnessed a meteoric rise in entrepreneurship and birthed several start-ups in Nigeria....Read More

Introduction Historically, commercial transactions were undertaken with the traditional perception of a market in mind and taxation of these market activities has been a source of government revenue. Global industrialization and efficiency in the factors of production and distribution of goods and service has significantly altered the primordial perception of a market from being a...Read More