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Bank of Industry loans are the best way to overcome Nigeria’s rising interest rates

   First published on LinkedIn. Nigerian rising interest rates worry many borrowers. Here are 5 reasons Bank of Industry (BOI) loans remain the best. Nigerian interest rates are going up and Nigeria’s central bank has aggressively raised its monetary policy rate (MPR) to 22.75% to control inflation. This represents 400 basis points (4%) from…

Orange Business Opportunities
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Orange Business Opportunities

Introduction The orange is a usually round or oval citrus; its rind and flesh are generally orange, except the varieties of red pulp. Uses Orange as a key ingredient for making: Juice Sauce Oil soap Production, export, import and consumption in Nigeria Production= 4,112,301,  Export= 1.43, Import= 1.07. (source: FAOSTAT) Growing Orange Sandy loam soil that…

Goat Business Opportunities
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Goat Business Opportunities

Introduction The goat or domestic goat is a domesticated species of goat-antelope typically kept as livestock. It was domesticated from the wild goat of Southwest Asia and Eastern Europe. The goat is a member of the animal family Bovidae and the tribe Caprini, meaning it is closely related to the sheep. Uses Goat is a…

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Zobo Business Opportunities

https://www.youtube.com/watch?v=XHOmBV4js_E Introduction Zobo (Zoborodo) is a Nigerian beverage made from dried Hibiscus. The drink is also known as Roselle drink and called Sorrel drink in the Caribbean. Zobo has a sour taste so it can clash with sugars. Are you interested in this business opportunity and would like to know more? We can also facilitate…

Hide skin Business Opportunities

https://www.youtube.com/watch?v=XHOmBV4js_E Introduction A hide or skin is an animal skin treated for human use. The word “hide” is related to the German word “Haut” which means skin. The industry defines hides as “skins” of large animals e.g. cow, buffalo; while skins refer to “skins” of smaller animals: goat, sheep, deer, pig, fish, alligator, snake, etc. Uses Hide skin as a key ingredient for making: Leather goods Footwear Cloth Traditional drum…

Sheep Business Opportunities

https://www.youtube.com/watch?v=XHOmBV4js_E Introduction Sheep or domestic sheep are domesticated, ruminant mammals typically kept as livestock. Although the term sheep can apply to other species in the genus Ovis, in everyday usage it almost always refers to Ovis aries. Like all ruminants, sheep are members of the order Artiodactyla, the even-toed ungulates. Uses Sheep as a key…

Coco Yam Business Opportunities 

https://www.youtube.com/watch?v=XHOmBV4js_E Introduction Cocoyams are herbaceous perennial plants belonging to the family Araceae and are grown primarily for their edible roots, although all parts of the plant are edible. Cocoyam consists of Vitamin B1 which is also known as thiamine is a crucial vitamin for increasing focus, energy, fighting chronic stress, and perhaps preventing memory loss. Several researches…

Locust Bean Business Opportunities 

https://www.youtube.com/watch?v=XHOmBV4js_E Introduction The pods of the tree, commonly referred to as locust beans, are pink in the beginning and turn dark brown when fully mature. Local research has shown that locust bean helps to promote good sight and drives away hypertension and diseases conditions like stroke and diabetes. It also contains tannins, astringent substances found in many plants….

Bitter kola Business Opportunities

https://www.youtube.com/watch?v=XHOmBV4js_E Introduction Bitter kola, also known as bitter cola or Garcinia Kola, is a plant found in Central and Western Africa that has long been valued for its medicinal properties. Although traditional African medicine uses all parts of the Bitter Kola plant, the seeds are mostly commonly eaten. Bitter kola has been used over the years…

Tiger Nut Business Opportunities 

https://www.youtube.com/watch?v=XHOmBV4js_E Introduction Tiger nuts also known as chufa, yellow nutsedge, or earth almonds are not actually nuts, but rather edible tubers. They’re the size of a chickpea but wrinkly with a chewy texture and sweet nutty flavor similar to coconut. Tiger nuts are a relatively low-carb food, meaning they’re great for people with diabetes who struggle to…