Business Advancement: Key Areas To Understand

As a business owner, how much do you know about protecting your business and its finances? Small business owners are likely to take loans at one point of their business life or another in order to manage certain financial risks. Taking this course would help you understand vital areas to look into to ensure business growth and advancement.
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Course Endorsement

This course is developed and endorsed by the Central Bank of Nigeria in Collaboration with the Financial Literacy Working Group and the German Development Cooperation (GIZ)

More About This Course

After taking this course, you would be well on your way to ensuring rapid business advancement in so many areas. This course would teach you the key areas and points you would need to take note of when borrowing money or taking loans. Risks in business are inevitable and proper management of these risks would lead to growth of your business. These areas and other key areas to ensure business advancement would be taught in this course. Be sure to start and finish the course!


  • You will learn the right ways and places to borrow money/ take loans to avoid running into debts in your business.
  • You will also learn about how to manage various business risks when they arise to avoid shutting down and ensure growth.
  • You will learn how to make budgets and keep proper records of all finances made for the business.

Course Contents

ABOUT Central Bank 
The Central Bank of Nigeria is charged with the responsibility of administering the Banks and Other Financial Institutions Act (BOFIA), 2020, with the sole aim of ensuring high standards of banking practice and financial stability through its surveillance activities, as well as the promotion of an efficient payment system. In addition to its core functions, CBN has over the years performed some major developmental functions, focused on all the key sectors of the Nigerian economy (financial, agricultural, and industrial sectors). Overall, these mandates are carried out by the Bank through its various departments.
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