It is a business independently owned and operated, a business that has a small share of the market(not in position to significantly influence the size of the market). The CEO generally participates actively in most levels of decision making process and all employees throught the business knows the Chief Executive.
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A small scale business in Nigeria is one that doesn't do as much business as a market leader. Typically, these businesses are locally owned businesses.
Central Bank of Nigeria was created in 1958.
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Examples of the small scale business in Nigeria includes the fresh fruit business, the food supply business, the retail shop business, and the carpet cleaning business. The other important small scale business in Nigeria includes web designing and forex trading.
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food business
water business