BUSINESS

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Nigerians and Foreign Businesses Discriminate
a Chinese supermarket on Airport Road in the Federal Capital Territory was barring Nigerians from shopping in the store. The owner of the store denies the allegations. It shows that the government is weak and is unable to protect their interests according to extant laws.
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Read more at Punch Newspapers
African Brands Innovators Summit and Awards in Lagos
Business leaders and policymakers across Africa will be converging in Lagos for this year’s edition of the African Brands Innovators Summit and Awards. The event will be held on Friday, May 3, 2024, at the Sheraton Hotels, Lagos. This was stated through a statement by the Secretary of the organising committee.
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Read more at Punch Newspapers
Destination Wairarapa Boosts Tourism
Regional tourist organisation Destination Wairarapa confirms recent data shows guest nights were up 9.9% in February compared to the same month last year. Domestic guest nights rose 2.3%, while international nights are up by 47.7%. The total number of guest nights in February was 28,800, compared with 26,200 in 2023.
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Read more at Wairarapa Times-Age
123RF Technology Can Provide More Efficient Customer Service and Lower Costs
Convergence managing director Mark Presnell said retailers were fearful and bewildered by the rise of AI and increasing competition by tech-driven global online retailers such as Amazon and Temu. Small businesses could not keep up with giant retailers in the use of emerging technologies, but they did not need to.
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Read more at RNZ
Business Confidence in Scotland Rises to the Highest Level in Two Years
Business confidence in Scotland has risen significantly to its highest level for more than two years. This was likely boosted by strong export growth, which surged to 4.4% during the first months of this year, ahead of almost all other UK regions and nations. Input price inflation in Scotland saw the slowest increase in the UK, and further moderation is expected in the next year.
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Read more at Insider.co.uk
Help to Grow: Management Essentials Launched
Help to Grow: Management Essentials is a short online course with practical advice and resources for small business leaders. Based on the 12-week Help to grow: Management Course, Essentials suited for leaders of newer or smaller SMEs. This course will support SME leaders to establish their roots as they look ahead to scale up and grow their business. It is the latest addition to the extensive package of SME support announced by Government.
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Read more at GOV.UK
Mark Zuckerberg's New Chain Necklace
Mark Zuckerberg said he's designing his own piece of jewelry with a heartfelt message. The Meta CEO spoke with Eva Chen about new developments for its Ray-Ban smart glasses, and spilled more information on his viral accessory choices.
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Read more at Business Insider
New Pew Research Center Survey: Small Businesses Share a Major Commonality
A majority of the businesses surveyed, almost three in five, have been running for at least six years, and 15% were operational for over a quarter of a century. One week before National Small Business Week, a new study examines some surprising things that the millions of small businesses across the U.S. have in common. In fact, 27 million, or about 82%, did not have any workers, and about 3 million businesses with employees only had one to four people on their payroll.
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Read more at Entrepreneur
The Importance of Intuition in Decision-Making
Business Talk explores how primal instincts, honed for survival, are both a boon and a bane in the sophisticated decision-making required in today's business environments. Inasmuch, such complex corporate arenas of modern Kenya demand more calculated approaches not as suited to our gut feelings, gut urges, and gut decisions. The findings can prove pivotal for leaders facing decisions clouded by unknowability.
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Read more at Business Daily
Embrace Race Luncheon
The fifth annual Embrace Race Luncheon took place Tuesday afternoon at the Figge Art Museum. It gives business leaders in the region an opportunity to connect with African American boys. Proceeds from the event will benefit a well-suited non-profit organization.
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Read more at KWQC