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Fashion Blog
According to Nigerian law, transactions within the country are supposed to be conducted in Naira. The Central Bank of Nigeria (CBN) regulations explicitly state that the Naira is the only legal tender for all transactions within Nigeria. Therefore, charging in foreign currency can be seen as a breach of these regulations. Read more
Digital School Blog
For Nigerian entrepreneurs embarking on a dropshipping journey, the allure of international suppliers is strong. However, starting locally has its unique advantages. Sourcing from within Nigeria can mitigate some of the initial challenges of dropshipping, such as long shipping times, high shipping costs, and quality control issues. Here’s a detailed guide on how to start sourcing locally before expanding internationally. Read More