Connect with us

Broadcasting

How You Can Support a Local Business that’s Important to You

Published

on

Kindly share this post

In the wake of inflation worldwide, the Nigerian economy has suffered a serious blow. Nigerian small business owners and their customers are affected by rising costs of foodstuff, fuel, and other raw materials. Supporting local businesses is more important than ever, even for community stakeholders. Your future purchases may easily provide the funds needed for business owners to continue to grow their businesses.

Small businesses benefit our communities by creating employment, but to expand and survive these challenging economic times we’re in, they rely on you and me. Buying from local businesses is one way to help, but it’s not the only thing you can do. Here are a few things you can do to support local businesses:

1.     Spread the word

One of the most effective methods of advertising is still word of mouth. Inform your friends and family about any good local businesses you are aware of. Don’t withhold information, tell your friends to tell their friends. This could bring in new customers for the small business and potentially increase sales for the business owners.

2.     Buy local

Shopping from local businesses helps to boost the economy as it creates job opportunities, and keeps the majority of the profit local. Additionally, smaller businesses may provide particular goods and services that are cheaper and not available elsewhere. These could include your reliable hairdresser, tailor, mechanic, etc.

3.     Be loyal

Service businesses- including hairdressers, barbers, tailors, local food vendors, etc. have been significantly affected by inflation since their jobs rely strongly on people needing their services. And keep in mind that small businesses depend on returning customers even as they work to draw in new customers.

4.     Help them to raise capital

In recent times, fundraising has helped a lot of businesses, and business ideas grow. If you have faith in their business skills and believe it will benefit the community, raising funds is possible. MTN is currently running a campaign to support small business owners. You can take advantage of the campaign to support small businesses around you. While a picture is worth a thousand words, a video can tell stories in ways images cannot. Put the spotlight on a business that needs a lift. Share their hustle using a high-quality video that tells a resonating story of what they do, and why they need business grants. A compelling video would go a long way to making their story stand out. Tag this video post on Twitter and Instagram using #MTNPulseBlowMyHustle, and they are likely to get a grant to support their hustle.

5.     Invest in local businesses

Many small businesses depend on local investors to provide the money they require to continue and maintain their services. If you have some cash to spare, this is a great way to help a small business thrive and increase its wealth. Investing in local businesses provides the possibility of returns, versatility,tt and an opportunity to contribute to the growth and success of the Nigerian economy.

You can always make a difference in your local community by helping a small business grow. Making a difference doesn’t require that you patronize a small business every other week. There are still things you can do to support small businesses even if you have absolutely no money to spare. Your community’s small businesses are a terrific place to start. Remember, ‘there is no exercise better for the heart than reaching down and lifting people up’ – John Holmes


Kindly share this post

Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Continue Reading
Advertisement
Comments

Broadcasting

UNILAG Bans Skitmaking, Content Creation on Campus

Published

on

Kindly share this post

University of Lagos (UNILAG), Akoka, has officially banned skitmaking, content creation and other video recording activities within its campus and hostels without prior authorization.

UNILAG Bans Skitmaking, Content Creation on Campus

Mrs. Adejoke Alaga-Ibraheem, head of Communication, UNILAG, in a statement, said that the ban followed growing concern over the increasing use of university facilities for unapproved video productions, including comedy skits, vox pops and film shoots.

“The attention of the University Management has been drawn to the rising use of the University premises, including hostels and other facilities, for shooting of films, videos, skits, and similar cinematographic activities without proper authorisation,” parts of the statement read.

According to UNILAG, the decision aims to safeguard the institution’s image, maintain decorum within the academic environment, and ensure that its premises are not misrepresented in online or public content.

The university emphasized that any individual, whether a student, staff member, or external party, must seek and obtain formal approval from the institution’s Communication Unit before carrying out any form of recording or production on campus.

While acknowledging the importance of creative expression and media engagement, UNILAG maintained that all such activities must comply with its established rules and procedures to preserve order and safety.

The statement also appealed to members of the university community and the general public to strictly adhere to the new directive “in the interest of order, safety, and collective responsibility”.

 

 

 

 

 

 


Kindly share this post
Continue Reading

Broadcasting

Court Orders MultiChoice to Pay Damages for Consumer Rights Violations

Published

on

Kindly share this post

Multichoice Nigeria Limited has been been ordered by Lagos Court to pay damages for breaching consumer rights, in rulings hailed by regulators as victories for consumer protection.

In Lagos, the High Court presided over by Justice R. O. Olukolu awarded ₦5 million in damages against Multichoice for unlawfully disconnecting a paid DStv subscription belonging to Mr. Ben Onuora.

The court held that the disruption caused undue hardship to the subscriber and his family, and ordered the company to reconnect the service and extend the subscription to cover the lost period.

The judgment cited Sections 130, 136, and 142–145 of the Federal Competition and Consumer Protection Act (FCCPA) 2018.

Reacting to the judgments, the Federal Competition and Consumer Protection Commission (FCCPC) described them as landmark decisions that reinforce Nigeria’s consumer protection framework.

In a statement signed by Mr. Ondaje Ijagwu, director of Corporate Affairs for Mr. Tunji Bello, executive vice chairman, FCCPC, said the rulings demonstrate the effectiveness of judicial enforcement under the FCCPA.

“These outcomes strengthen consumer confidence and marketplace accountability,” Bello said, commending the judiciary and encouraging consumers to continue seeking redress through lawful channels.

Between March and August 2025, the FCCPC facilitated recoveries exceeding ₦10 billion for consumers across 30 sectors, according to the Commission.

The FCCPC reiterated its commitment to promoting fair markets and protecting consumer rights nationwide.


Kindly share this post
Continue Reading

Broadcasting

MultiChoice to Delist from JSE after Canal+ Takeover

Published

on

Kindly share this post

MultiChoice Group is set to delist from the Johannesburg Stock Exchange (JSE) on December 10 2025, after Canal+ secured control of more than 90% of its shares, effectively completing its takeover of the African pay-TV giant.

MultiChoice to Delist from JSE after Canal+ Takeover

The Group, in a notice to shareholders at the weekend, announced that trading of its shares on both the JSE and A2X will be suspended from Monday, October 27, 2025.

The official delisting date of December 10 is pending regulatory approvals from the JSE, A2X, and the Financial Surveillance Department of the South African Reserve Bank.

Canal+, a French media conglomerate and subsidiary of Vivendi, crossed the 90% shareholding threshold, enabling it to invoke Section 124(1) of South Africa’s Companies Act.

This legal provision allows Canal+ to compulsorily acquire all remaining MultiChoice shares from shareholders who did not accept its offer.

According to the notice, Canal+ will acquire the remaining shares on the same terms and offer price presented during the takeover bid.

“The Remaining MultiChoice Shareholders are reminded of their rights to apply to a court of competent jurisdiction within 30 business days after receiving the Notice in terms of section 124(2) of the Companies Act (“Section 124(2) Rights”).” The notice read.

If no legal challenges are raised, Canal+ will complete the compulsory acquisition six weeks after the notice date, finalising MultiChoice’s transition into a wholly owned subsidiary of the French media group.

The delisting will mark the end of MultiChoice’s 6-year presence on the JSE, where it was listed in 2019 following its spin-off from Naspers.

 

 

 

 


Kindly share this post
Continue Reading

Trending