How to Start a Tissue Paper/Toilet Roll Company

The toilet paper is a consumer product used in every household. This essential product is used for hygiene purposes and to clean dirty surfaces. Tissue paper manufacturing is a lucrative venture because of the huge market base. The industry n Nigeria is thriving due to the ban of importation. Although the locally made products lack quality, they are getting better each day. Why start a Tissue Paper Business As stated earlier tissue paper major...

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How to Start a Lottery Business in Nigeria

Stating a lottery business is very challenging and highly lucrative. You need serious capital investment, technical assistance and creative thinking. There many guidelines, taxation, state and federal regulations. Lottery is gambling and involves the selection of numbers. The business is legal in some countries and a huge revenue earner for the governments. And in other countries there is an outright ban on such activities. Before setting...

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How to Start Plastic Recycling Company in Nigeria

Plastic recycling companies process million of tons of reusable plastic. They offer a cost effective solution to waste management and environmental issues. The material recovery system includes sorting, separation and size reduction. Other processes are cleaning, repurposing and pelletizing. The company needs huge startup funds for equipment and to purchase raw materials. Plastic Recycling Startup Requirements To start write a plastic recycling...

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Documents to Secure Term Loans in Nigeria

Every business needs funding to consolidate and grow. Others require the money to execute contracts or purchase inventory. To secure loans you need a strong revenue base, business longevity, proof of profit and good credit. Although there are many loan providers, bank loans are the most affordable. A bank term loan allows borrowing a set amount upfront and interest payment. They are used to access large loans for longer terms. The most common...

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How to Start an Insurance Company in Nigeria

Setting up an insurance company is a herculean task that requires huge funding and appropriate licensing. To form a general or life insurance agency, the company must have a minimum of N1.5 billion naira of which 50% is paid up share capital. The business should be incorporated by the Corporate Affairs Commission and registered by appropriate regulatory agencies. The insurance company is mandated to have re-insurance for claims and compensation...

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