Without international trade, it can be difficult for nations to expand markets. It won’t be easy to get access to certain goods and services a particular country lacks. Buying and selling, at all levels, will always evolve as long as there are many human needs.
Why is this so important? This will make you business a legal entity. It means you can always have full business operational benefits, protect yourself, and makes it easier for you to get funds.
Lagos Business School (LBS) is the graduate business school of the Pan-Atlantic University. LBS offer academic programmes and short, focused programmes in management that have been ranked among the best in Africa.
Nigeria can be partly described as a consumer economy. The country imports a lot of commodities from China, USA, the UK and other countries around the world. Notably, it exports a few things too around the globe.