The Federal Government has commenced registration for the payroll support scheme of the N75 billion Survival Fund. The fund is aimed at supporting vulnerable Micro, Small and Medium-sized Enterprises (MSMEs) post-COVID-19. It will seem that fraudsters have taken to scamming applicants to pay ‘facilitation fee’. The federal government has come out to release a state […]
The mini importation business in Nigeria involves buying and selling of goods. The goods are purchased from other countries and then resold by the business owner for profit. As an SME in Nigeria considering the mini importation business, below are tips on how to go about yours and start making profit. 1. Register your business […]
The World Bank and African Development Bank reports that there are 650 million mobile users in Africa alone. This number is growing exponentially. This implies that more people are adapting to the usage of not just mobile phones but migrating to the use of smartphones and social media. It is an “inside secret” that when […]
One of the major impediments to business growth in Nigeria is capacity building. This is against the wrong belief by many business owners and finance experts. Capacity building encompasses various aspects of a business from the business idea, customer engagement, funding, bookkeeping to sales and marketing, recruitment, logistics, regulatory and environmental issues, among others. At […]
While we are all striving to return to life, as usual, many businesses have been seriously affected by the pandemic. As such, they require all kinds of support to beat the effects of the pandemic on their economy. One such support is coming from Facebook. Yes, Facebook is providing post-COVID-19 support to small businesses around […]
Businesses face several challenges in today’s ultra-competitive environment. However, lack of funding lies at the forefront. For businesses in developing societies such as Nigeria, this challenge is even more pronounced. It is safe to say that without access to capital, no business can thrive as it plays a crucial role in the establishment, sustenance, and […]
Entrepreneurs are driving Nigeria’s next wave of economic growth, and they are looking for funds to help them do it. Strategic partnerships are how Nigeria’s entrepreneurs are driving the country’s next growth wave. Championing economic growth with support for entrepreneurship Entrepreneurs are crucial to economic growth, in any country. The best entrepreneurs drive innovation, create […]
Long ATM queues and extended lines at the bank with people waiting to withdraw cash is a common sight in many urban areas in Nigeria. If you have been pondering on starting a profitable business in Nigeria, then you might want to consider the POS business. The POS business in Nigeria is a lucrative venture. […]
Every entrepreneur wants to succeed in business. Beyond the excitement of having a novel idea, we all desire to enjoy public acceptance of such ideas as well as products and services created from them. The acceptance is what guarantees patronage that translates to sales and yields good returns on our investments. However, it is hard […]
Small businesses have been hit the hardest during this period. Many of them have had to figure out quickly how to pivot their operations to a ‘digital-first’ approach. Yet, there remains a gap between those who can access these online opportunities and those who can’t. That’s the gap google sets to bridge with these initiatives. […]
