• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Experts Task Social Enterprises On Profit, Sustainability

by Zaka Khaliq
3 months ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Stakeholders in the finance sector of the nation’s economy are asking social enterprises to be profit-oriented irrespective of the fact that they are Non-Governmental Organisations (NGOs).

Advertisement

They said, the sustainability of such enterprises lies in the ability to be profitable and diversify investments that would yield the necessary income for the day-to-day running of an NGO.

To this end, and in a transformative stride towards financial sustainability within the social impact sector, the highly anticipated book, ‘The Profit of Purpose: Mastering Financial Accounting and Reporting for Social Entrepreneurs,’ was officially launched at the weekend .

This publication aims to equip change makers with the crucial financial acumen necessary to thrive, even as the launch event, brought together an impressive assembly of thought leaders, finance experts, and social entrepreneurs, sparking an engaging dialogue on the future of financial management in mission-driven organizations.

Delivering the keynote speech, executive director of FATE Foundation, Adenike Adeyemi, emphasised the critical role of sound financial management in ensuring the long-term success of mission-driven organisations. Non-profit sustainability is paramount, she stated, highlighting the importance of financial literacy in achieving lasting impact.

RELATED

Deploying AI Will Not Cause Job Loss In Nigeria – Expert

Expert Introduces Lightweight AI-based System For Early Aviation Failure Detection

14 hours ago
FirstBank Customers Get N93m In ‘Win Big Promo’

FirstBank Launches Facial Recognition On Mobile App

15 hours ago

The official unveiling and launch of the book was led by CEO of AW Network, Adebola Williams, and CEO Ingress Health Partners, Dr Orode Doherty, who commended the authors for providing practical insights tailored to the unique financial challenges faced by social enterprises.

Reflecting on the book’s purpose, the Author stated that, “Financial literacy is the backbone of any sustainable impact. For too long, social entrepreneurs have struggled with the complexity of financial management, often at the cost of their mission. This book is my contribution to demystifying those challenges, providing a practical roadmap that enables change makers to focus on what truly matters—driving meaningful and lasting change.”

Addressing some of the most pressing concerns for non-profits and mission-driven enterprises, The Profit of Purpose – Mastering Financial Accounting and Reporting for Social Entrepreneurs, equips social entrepreneurs with financial literacy skills to sustain and scale their impact. The book’s seven chapters provide actionable strategies for fundraising, financial management, budgeting, tax compliance, and accountability. It also includes cheat sheets, FAQs, and exercises designed to reinforce learning.

The launch event featured a high-level panel discussion on Impact Investing: Beyond Donations – Sustainable Revenue Strategies for Nonprofits, where experts explored innovative funding models that go beyond traditional grants and philanthropy.

The Profit of Purpose arrives at a crucial time when social enterprises face mounting financial complexities. By bridging the knowledge gap in financial accounting and reporting, the book empowers change makers with the confidence to navigate funding, compliance, and sustainability challenges.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Julie Development Launches Education Initiative For Rural Schools

Next Post

Reduce Collateral Requirements, Create Dedicated Fund For Women Business Owners, Banks Urged

Zaka Khaliq

Zaka Khaliq

You May Like

Deploying AI Will Not Cause Job Loss In Nigeria – Expert
Business

Expert Introduces Lightweight AI-based System For Early Aviation Failure Detection

2025/06/30
FirstBank Customers Get N93m In ‘Win Big Promo’
Business

FirstBank Launches Facial Recognition On Mobile App

2025/06/30
Group To Drive Africa’s Tech-led Industrial Revolution, Offers Tips To Unlock $450bn Intra-African Trade
Business

Group To Drive Africa’s Tech-led Industrial Revolution, Offers Tips To Unlock $450bn Intra-African Trade

2025/06/30
Oilserv Targets December Completion Of 303km As AKK Pipeline Crosses River Niger
Business

Oilserv Targets December Completion Of 303km As AKK Pipeline Crosses River Niger

2025/06/30
Council Targets Accelerated Sugar Project Devt In 2025
Business

Poor Backward Integration Programme Performance To Cost Sugar Firms Import Quotas

2025/06/30
Bbb+ Rating
Business

TAJBank Sustains Industry Feat, Pays 3rd Dividend In 5 Years

2025/06/30
Leadership Conference advertisement

LATEST

Nigeria Is In Our DNA, Says Lucian PM

Speed Darlington Threatens NAPTIP With N2.5bn Lawsuit For Declaring Him Wanted

Pastor, Woman Stripped Naked Over Alleged Infidelity In Edo

Ex-Lawmaker Mashood Mustapha Arraigned For Alleged Defamation Of Kwara Gov

Gwarzo Hails North’s First Clinical Pharmacy Prof, Hadiza Ma’aji, On Professorial Elevation

JUST-IN: Dantata’s Burial Postponed To Tuesday 

Court Jails Cab Driver For Unlawful Trafficking Of 12 Live Parrots

Jega Harps On Modernisation Of Nigeria’s Livestock Sector

Minister Inaugurates 11-man NPA Governing Board

Navy Arrests Suspected Militant With Firearm In Bayelsa

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.