SMEs in Nigeria are major economic drivers, but many business owners often do not have plans in place for a worst-case scenario. Fire, floods or some other unforeseen problem could arise in the course of doing business. When they do, the protection of a safety insurance net might make the difference between the survival and […]
Growing a business requires more than just having something to sell. Many small business owners, easily swayed by the need to deliver the optimum service to their target audience, believe that all they need for success is to offer excellent products. However, success is a consequence of an intersection of factors, some of which are […]
The Federal Government in a bid to mitigate & cushion the impact of Covid 19 especially on farmers, has developed an insurance scheme to protect farmers from experiencing terrible losses during the planting season. PUNCH reports, The Federal Government through the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending has developed an insurance scheme designed […]
Many small businesses are yet to fully understand social media channels and how they can affect their marketing processes. Apart from the fact that social media can give your business visibility, you can drive awareness and gain new customers both locally and globally. A properly executed social media strategy can improve your search rankings, drive […]
Nigeria is one of the many African countries that is being engulfed with the epidemic of online sports betting. This includes online poker, casino games, and sports betting. The Nigerian sports betting and gaming industry has grown astronomically in the last two years. This exceptional growth can be attributed to the large population of the […]
We have over 37 million SMEs in Nigeria which means that these businesses are essential to the economy. How do these SMEs thrive? One of the best ways is to become part of SME associations in Nigeria. Becoming a part of SME associations comes with several benefits. The most important of all is that they […]
Successful SMEs in Nigeria understand that increasing cash flow in their businesses is more or less the greatest trick a business owner will ever learn. If your sales grow each year rapidly, then you must certainly be doing a few things right in your business. But even when you’re steering your business in the right […]
In a bid to help mitigate the impact of Covid 19 on small holder farmers, the Adamawa State Government says it has procured 5,000 metric tonnes of fertiliser for distribution to farmers, to encourage productivity. Dr Dishi Khobe, the state’s Commissioner of Agriculture, stated this in an interview with the News Agency of Nigeria (NAN), […]
As an SME in Nigeria, one crucial factor for the success of your business is the customer relationship. A happy and satisfied customer will lead to business growth. This is why adopting the right CRM (Customer Relationship Management) tool is of great importance. With several CRM systems out there to choose from, choosing the right […]
In recent times, Nigeria has been among the leading countries for crypto adoption globally. In Q1 2020, Nigerian youth led the rest of the world in crypto adoption, and according to a report by Chainalysis, Nigeria was eight overall in crypto adoption in Q2 2020. This rapid adoption and apparent absence of a definite regulation […]
