Nigeria - Japan Trade Mission and Business Delegation 2021: Activities For A Successful Event Is In Top Gear.

 

The Nigeria - Japan Trade Mission and Business Delegation which has being confirmed to kick start in Tokyo, Japan from the 3rd to 10th of June 2021, is still working with the proposed date, as activities for a successful program is in top gear.

The event according to the organization will Fast track a large volume of bilateral trade between Nigeria and Japan, and pave way for subsequent transaction within the Asia community. The event will also be used as a medium to showcase, sell and  bring back the pride of the Nigeria brand after the devastating effects of covid-19 pandemic.

With the event fixed for October2021, the chairman of Trade Nigeria, Hon. Nwabueze Buchi George, believes that the proposed date will be a great time to have the event, adding that, he believes by then there would be no form of distraction or global panic.
“We need to open up the world with ideas”, Hon. Buchi George said, while speaking from Abuja, Nigeria. He further stated that one of the ideas to open up the world is to find ways nations and continents can partner to achieve a greater but common good.

 “Japan is a great nation and they can offer us a lot, while we can do same for them. We’re working on a union that will encourage trade, investments and economic development in both ways.  working with appropriate authorities in several countries is one thing we are doing at the moment and we will be announcing a lot of participating nations and activities before the time of the event”

Nigeria - Taiwan Economic and Investment Forum coming up in November 2021

The Nigeria -Taiwan Economic and Investment Forum, is a trade mission and business delegation to Taipei, Taiwan scheduled to commence from the 10th to the 16th of November 2021. the program is powered by Trade Nigeria in Partnership with Globe Chamber of Commerce, TAITRA and a host of others.

The country Nigeria offers opportunities for trade and investment, and the combined population of about  2 million people provides a potentially lucrative market for Taiwan's commerce. However, Taiwan's trade and investment relationship with Nigeria .........and Africa at large is minute when compared with other regions in the world.

Nigeria -Taiwan Economic and Investment Forum has been established to correct this imbalance. It intend to offer a one-stop service to Taiwan's business community by providing valuable information on trade and investment opportunities presented by Nigeria, as well as guidance to prospective investors and business people who seek to expand their interests into Africa.

This applies particularly to identifying centers in Africa, which can serve as bases for manufacturing industry utilizing Taiwan's well-developed technological and international marketing expertise.

For Information on Participation and Registration please contact Trade Nigeria with the following:

Abuja

Edo house, Abuja

Suite 5-05, fifth floor,

Central business district, Abuja.

09033131552

09074484983

08124066664

 

Rivers state.

No. 6 Omerelu Street, 

GRA phase 1, Port Harcourt, Rivers state.

08161261262,

07010882314,

09074569808,

09080088327

 

Nigeria @61 National Day Awards for The Recognition of Excellence and Hardwork, will be Powered By Trade Nigeria in Conjunction with Globe Chamber of Commerce and Industry

The Nigeria National day Award is a means of recognizing various form of merits and service to Nigeria.

This year, a total of 32 individuals in 23 awards categories will receive National Day Honours.

Trade Nigeria is pleased to announce that several awards will be conferred to individuals for their exceptional achievements. Their various victory and successes which moved the entire nation and inspired young citizens and Nigerians to set new goals, reach for their dreams and pursue their aspirations.

These awards will serve as an encouragement and recognition of Service and hardwork by people who have helped others get to where they are today. It will also serve as merit to the recipients after years of dogged determination, pursuit of excellence, discipline and drive to inspire an entire generation of young people.

in addition, those achievements that have brought tremendous pride to the country will not be left out.

The Nigeria National Day Award will  be a well-deserved achievement to those individuals and organizations that are being recognized for their contribution to economic excellence and for their impact on the society, particularly with the youth.

                                     


The Awards will be presented to recipients at the upcoming Nigeria-Japan Joint Trade Mission and Business Delegation by President of the business delegation to Tokyo, Japan. 

                                     

About Nigeria - Poland Bilateral Economic Forum 2021, Warsaw, Poland

 Nigeria - Poland Economic Forum is powered by Globe Chamber of Commerce to enhance trade, business, investment and economic opportunities between Africa and Poland.

The relationship between Nigeria and Poland over the years has been mutually beneficial guided by trust, respect and friendly relations.

Although  Nigeria and Poland business communities have recorded tremendous successes in bi-lateral trade, there is a large trade imbalance in favour of Poland, as Poland exports represent some 80 per cent of the total bilateral trade volumes. This gap needs to be reduced.

Therefore, Poland - Africa Economic Forum which is a forum that promotes mutual beneficial relationship in business transactions, will seek to readdress the trade imbalance between Poland and Nigeria. The program will be use in projecting Nigeria not only as a consumer market alone, but as an investment destination where goods can be manufactured and consumed locally.

 Nigeria - Poland Economic and Business Forum will explore ways of practical cooperation in trade, investment, finance, human resources, agriculture, fishing, and also strengthen industrial capacity cooperation in the manufacture of cars, household appliances, construction materials, textiles, food processing, and others. This is in line with Trade Nigeria focused on Growing Africa's Economy.

About Project 360 Entrepreneurship Program

Project 360 Entrepreneurship, a Manpower Development and Empowerment Training Program, an international Skill Transfer Training Program that supports professionals and entrepreneurship development.

This project is an international training program which encourages indigenous contents, by Training, Educating and Empowering indigenous entrepreneurs and professionals on advanced technologies and innovations in World class Vocational Institutions for a better future.

It provides Education for Employment, Entrepreneurship, Human Capacity Building, Manpower Development, advance skills development and Training Exchange, which will encourage human development, innovations, technical Skill acquisition and vocational education transfer.

This program is designed to improve and encourage, entrepreneurial potential, manpower development through Technical and vocational training skill transfer.

The Participants of this program are selected from all nations through Government participation and trained internationally to meet the urgent basic human daily needs, meet international approved standards for modern skill innovations, provide employment for the youths and boost economies.

Grandaunts of this program will be trained to compete credibly in the international trade market.


The Technical content/courses that have been carefully selected to improve, develop, transform and upgrade the International Vocational community are:

•   Automobile Training
•   Auto-mechanic
•   Trucks and Tractors
•   Automotive maintenance
•   Repairs and services training
•  Transportation Engineering Technology
•  Auto design
•  Information Technology Training

For Enquiries on the Project 360 Entrepreneurship Training Program and other business activities please call or visit any of our offices:

Address:

Edo house, Abuja

Suite 5-05, fifth floor,

Central business district,

Abuja.

09033131552

09074484983

08124066664

 

No. 6 Omerelu Street, 

GRA phase 1, Port Harcourt.

Rivers state.

08161261262,

07010882314,

09074569808,

09080088327

 

Why A chamber of Commerce Is Important To Businesses

 

Have you ever recognized you are generally so busy working “in” your business that you’re unable to work “on” your business? 

So why you should you join your local chamber of commerce when the chamber might mean more time away from the office? I’d like to share with you reasons chamber participation is not a fruitless burden or time but rather a true benefit to your business and your life.

Relationships

This isn’t about networking — this is about gaining friends, associates and even advocates. The people you get to know may or may not do business with you, but the social and emotional return in building meaningful, lasting relationships can be more meaningful than the financial return you seek. As you attend events, serve on committees and interact with people outside your normal routines, you will have the opportunity to interact with all types of people. This in turn will create better relationship building skills that can crossover to improve non-business aspects of your life as well.

 Visibility

The age-old adage applies here — “out of sight, out of mind.” While many companies are looking to be seen in the cyber world and are doing a very good job of it, nothing sells your business better than being in front of people face to face. Business is so much more than simple transactions of money for goods/services with its root in relationships.

You are the business; the business is you. The client is more likely to buy when they know you are the brains behind the operation and have seen you regularly participating in non-transaction based functions. Chambers provide so many opportunities to spend time with potential friends (read: potential clients) in non-transaction based functions that you will be top of mind when they or someone they know is looking for your product/service.

 

Promotion

Chambers offer a wide-range of advertising options and sponsorship packages. A business can sponsor entire programs or events through a chamber. Beyond the paid advertising options, chambers also have ways to provide additional business promotion for free through monthly and annual awards, social media, regular newsletters and even printed materials. 

Amazingly, even some member businesses do not take advantage of the free marketing opportunities provided through chambers of commerce. Many chambers have weekly or monthly newsletters including “member news” sections or flyers from local businesses advertising sales, discounts or special events. (Our chamber even has an ability to provide a free landing page online for your business with any level of membership.)

Chambers are always looking for member-related news to share with the community through their own advertising networks and social media. Chambers rarely spend money advertising the chamber as an organization; they spend on advertising opportunities that members can utilize.

Community Connection

Some business leaders in large companies have expressed the feeling they’re too big or not local enough to need local chambers of commerce. One flaw in that thinking is they and their employees are very much a part of the local economy, regardless of the number of franchise locations they have in other states.

Chambers are not-for-profit organizations desired to lift the economy. They work very closely with governments to provide a representative business voice when needed. Participating in a chamber provides business with an avenue to express their legislative policy questions directly to the legislatures. 

Sometimes being a good “corporate citizen” means being the community partner that all the “little guys” expect you to be. If a major player in the local economy isn’t involved in discussions about the local economy, then the conversations (and potentially decisions) are missing a key point of view.

Ongoing training & education

For companies that do not have a large training budget, getting to national conferences or bringing in experts is out of the question. Chambers provide an inexpensive way to bridge the gap between no training and topic-expert training. There may not be better organizations at providing relevant speakers and guest trainers in a timely manner than chambers of commerce.

Based on member surveys and ongoing member communication, chambers can provide speakers at events or links to expert articles through emails and newsletters that members specifically request. 

Business leaders are essentially enrolled in a continuing education course in business management provided through the chamber — they simply need to attend.

Programs and events

Membership in a chamber of commerce provides access to all of their programs and events, which are many. As a chamber director, sometimes I feel like all I’m doing is event planning. 

Chamber events include business training luncheons, networking specific events, awards banquets, golf tournaments, city celebration events and many others specific to each chamber. 

All of these events are designed to build your business in some fashion, whether through training, promotion, networking or community service and can the perfect addition to the other methods a business employs for building their business

Because of these six reasons, and many others, chambers are known to stimulate business-to-business commerce in the local economy. Research shows that a major part of small business typically comes from business-to-business services, so participating in local chambers of commerce as a small (or large) business is an easy way to increase local visibility, build credibility, and expand your contacts.

I must point out the importance of the word participate. Joining a chamber is great. A business receives many benefits visibly and behind the scenes. 

However, joining only gets you so far. Participating is the true key to receiving the benefits of chamber membership. It is similar to sitting in a college algebra course for an hour all the while posting to social media. You are no better off than if you didn’t attend.

Only through attending events, talking to members you’ve never met before, serving on committees, and taking advantage of the advertising opportunities presented will your membership become more than another calendar item you will avoid to create time for “more important” or “more urgent” business and truly become the benefit to your business you’ve been searching for. It’s up to you!

Ensure you Join a Chamber of Commerce Today!

To Join Our Chamber of Commerce and enjoy business updates, business partnership, business counsel, Advocacy, Trade tourism, business education, international recognition and a whole lot of others. please call or visit our office at:

Abuja.

Edo house, Abuja

Suite 5-05, fifth floor,

Central business district,

 

09033131552

09074484983

08124066664

 

Rivers state.

No. 6 Omerelu Street, 

GRA phase 1, Port Harcourt.

 

08161261262,

07010882314,

09074569808,

09080088327

What To Be Mindful Of when making investment decisions

 

Investment decisions are very important and most times quite risky especially if you are an entry-level investor, below are bunch of things to be considered while making an investment decision, to avoid the common pitfalls.

  DO NOT INVEST IN A BUSINESS YOU DON'T UNDERSTAND 

It is a very big mistake to invest in a business you do not understand how it operates. According to one of the world's most successful businessmen, Warren Buffet "Never invest in a business you don't understand" What this means is that if you must buy say stocks from a company, you must first understand the business model of that company. When you understand clearly, it will help you make smart choices.

 DON'T BE CARRIED AWAY BY BLIND LOVE

As an investor, always remember that the stocks bought from a company is purely for profit, there is no need to fall in love with the company because you have been with them for a long time. If you see any red flags, consider selling off your stocks as soon as possible

 LACK OF PATIENCE

As an investor, you have to have some level of patience. Do not be in too much of a hurry to take decisions that might make you lose money. Apply the principle of slow but steady progress and see how better placed your investment will be. 

 MARKET TIMING

This is another mistake investors need to avoid. Some investors try to time the market instead of following a long time investment strategy known as buy and hold. Buy and Hold is an investment strategy where an investor buys stocks or other forms of securities and holds them for a long period not minding the  fluctuations and changes in prices in the market. Such investor in not interested in the short-time price variations. 

 NOT DIVERSIFYING

If you want to be a successful investor, you have to diversify. Diversification simply means to mix a wide variety of investments in one portfolio. This will help to reduce your risk because you will have a mix of different asset types and investment vehicles thereby limiting exposure to any single asset.

Mistakes are part of the investment process, so identifying them is a plus towards achieving your investment goals.

 

Automobile & Automechanic Engineering and Technology Training Program: What is your Plan After The Program?

We have proffer some detailed options that would suite participants/trainees of  the Automobile & Automechanic Engineering and Technology Training after the program. 

Take a dig, as it opens channels of thoughts for you!

Starting a business in the automobile industry is not different from starting any other business. Think about the area you want to go into. Do your market research, develop a business plan, and ensure you have sufficient financing for the business.

Also, take time to recruit the right staff and offer excellent customer service, as this would help you build a loyal customer base.

The automobile industry has lots of business opportunities for anyone who is interested.  if you have been looking to venture into the sector, it helps you have the right tips. Let’s joggle you through some decision making criteria:

What area do you want to Specialize in?

There are several areas which include:

• Sale of accessories, which requires you to find good suppliers.  you can go into franchising, where you limit your business to a well-established brand or be a general dealer, retailing for many brands.
•  Mobile car wash business
• Body workshops to fix damages to car exteriors
•  Tire sales and repair
• Leasing business for car hires
• Shuttle services, ridesharing and so much more.

Think about going into an area that isn’t too competitive. Niche areas are ideal because the demand often outweighs supply. Another good idea is to limit yourself to one particular line instead of trying to sell everything.

For instance, if you decide to sell car accessories, you could focus on luxury car items. It sets you apart from other people who may be selling standard products that are readily available everywhere.

Carry out a proper market research

Let’s say you want to open a Toyota dealership in a particular locality. Some of the first things to do are to find out if there is a demand for the products and services you plan to offer to customers in the locality and to carry out proper research to see how much competition there is.

A critical analysis will give you much of the answers you need. It looks at strengths, weaknesses, opportunities, and threats. You get a foundation upon which you will make any decisions regarding the business.

Another critical part of the market research is understanding your target audience. Do you want to target high-end car owners?   Are you looking to provide solutions to middle and low-class car owners?

Come up with a profile or audience persona for your target customers. This will help you design your sales and marketing strategy in ways that target your preferred customers best.

A training Program powered by Trade Nigeria in Partnership with The Government

 Come up with a business plan

Now that you have all the insights from your research, it is time to develop a business plan.  Think about it as the strategy that will guide all your activities. It highlights goals, timelines, plans of action, and the financial aspects of the business.

When developing the business plan, it is crucial to understand industry rules and regulations. There are specific guidelines you will need to abide by depending on the line you take. If you go into the dealership, for example, it helps to know things like emission standards.

Get the help of a professional lawyer to guide you through the process. It also doesn’t hurt to talk to other people who have set up successful businesses in the sector.

Decide what kind of a company you want to set up. It can be a limited (Ltd) company, partnership, or sole proprietorship. Understand the implications of each type, especially around things like taxation.  Again, it helps to have expert advice on the best way forward.

The right location for your business

Looking for the right location for your business is important if you want to run a brick-and-mortar establishment. You can also go online, depending on the type of business. 

Without a doubt, things like body shops, car wash centres, and service stations need a physical location. Others like tire and accessory sales can work well in the online space.

There is also a third option you can explore. Mobile service stations remove the cost of the traditional physical locations.  but, you must invest in a proper van with the right accessories. It should be able to handle the demands of constant movement as you serve your clients.

When looking for a physical location, take your time to find the right space. Your budget will determine where you set up shop. You must also have enough funds to cover expenses such as rent, overhead, and other running costs.

Capital for your business

A business plan will let you know how much financing you need for the business. Some sources of capital are:

• Your personal savings.
• A loan from family or friends. It is essential to enter an agreement on how you will repay the loan. And yes, you must treat the financing like any other loan. You do not want to lose family or friends because of money you didn’t repay!
•  Apply for loans from financial institutions. It helps to have a good credit score when applying for loans. You get to enjoy better interest rates, allowing you to repay faster.

 

A well-structured Marketing strategy

If you are entering a franchise agreement, you can leverage on the existing brand reputation. But, if not, you will initially struggle with brand awareness. It helps to put aside some money for marketing purposes. The good news is there are loads of opportunities to market a business inexpensively in the digital space.

Start by setting up a website. Your target audience will want to know about the company. They will most likely use the search engines to find you. Implement best SEO practices so that the search engines can find you easily. Such practices include using the right keywords, developing relevant and engaging content, and optimizing your site for mobile visitors.

• Use social media platforms to get more visibility.
• Email marketing is effective and inexpensive. Start by developing a target audience list. Next, segment the audience for better targeting.
• Join relevant networking groups on different platforms like Twitter, Facebook groups, and LinkedIn.

For Enquiries and Registrations on the Automobile & Auto-mechanic Engineering and Technology Training Program and other business activities please call or visit any of the Trade Nigeria’s offices:

Address:

Edo house, Abuja

Suite 5-05, fifth floor,

Central business district,

Abuja.

09033131552

09074484983

08124066664

 

No. 6 Omerelu Street, 

GRA phase 1, Port Harcourt.

Rivers state.

08161261262,

07010882314,

09074569808,

09080088327