Business Opportunities in Nigeria and Across the World

INCO Terms are set of rules, published by the International Chamber of Commerce to govern trade worldwide. The full meaning of INCO Term is International Commercial Terms. Incoterms prevent confusion in foreign trade contracts by clarifying the obligations of buyers and sellers. Parties involved in domestic and international trade commonly use them as a kind of shorthand to help understand one another and the exact terms of their business arrangements. Some Incoterms apply to any means of transportation; others apply strictly to transportation across water.  The ICC developed Incoterms in 1936 and updates them periodically to conform to changing trade practices. Because of these updates, contracts should specify which version of Incoterms they use—e.g., Incoterms 2020 (the latest version). Trade terms used in different countries may appear identical on the surface, but they can have different meanings when used domestically. In last decades there has always been a revisi

Presently in Nigeria, business diversification is very important due to the way the economy is swaying. It is imperative to prepare for the best business opportunities in the year 2022, but some have not considered investing in agricultural/mineral commodity exportation business opportunity. Nigeria is blessed with a lot of agricultural/mineral commodities that is beneficial to the whole world and the beauty of it is, these commodities are cheaper to buy in Nigeria and resell at a higher price in other continent of the world. Many industries and end users are seriously in need of agricultural/mineral commodities from Nigeria. Are you searching for the best business opportunity for the year 2022? Commodity export business is one of the wisest decisions you can take in diversifying your investment. Also you can start agricultural commodities processing and packaging business. You can start with agricultural commodities like Dried Split Ginger processed into powder, Raw Shea But