Expert speaks on best source of capital for new business

Femi has been a salesperson for a company retailing noodles in Lagos for over a decade, but now he wants to start his own business.

He is looking to leverage on the connection and experience he has built over time but the source of capital is a major concern.

He said,

Wole Ogundare is the managing partner and CEO at Carthena Advisory. He has over 27 years of comprehensive enterprise expertise that cuts across strategic management, financial advisory, business optimisation and board leadership.

Responding to concerns of Femi, he said,

TimesNow.com.ng reported that the minister of Finance and coordinating minister of the economy, Wale Edun, disclosed on Thursday, June 13, 2024, that the World Bank approved two significant support packages for Nigeria.

The loans are part of President Tinubu’s ongoing plans to stabilize Nigeria’s economy, reposition it for growth, and provide quick support to the poor and vulnerable Nigerians.

The minister stated that the government is undertaking reforms to restore macroeconomic stability and contribute to sustainable and all-encompassing growth in Nigeria.

Source: TimesNow.com.ng

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