One of the best ways to measure the progress of your business is to track KPIs. With KPIs, you can always keep your business objectives in view. Tracking KPIs also help you work with a clear focus. The question most SMEs in Nigeria ask is, “What are the KPIs to track for small businesses?” In […]
The Development Bank of Nigeria is a development finance institution focused on alleviating financing constraints faced by Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria through providing financing, partial credit guarantees and technical assistance. In addition, DBN loans have a longer tenure than other commercial loans, which are usually short-term. To start or grow […]
Many Nigerians today desire to start profitable businesses; however, a lot of people struggle with finding the right startup ideas. Having a small or medium enterprise in Nigeria is not a herculean task; below startup ideas in Nigeria to aid you in having a business of your own: 1. Mini Importation Mini importation is […]
The controversy following the assent into law by President Muhammadu Buhari of the Companies and Allied Matters Act, CAMA, 2020, is an issue that requires amicable resolution rather than a unilateral mindset. Religious bodies and other non-governmental organisations had repeatedly called on the Federal Government for a review of the Act as they faulted some […]
Different accounting software have been developed over the years to simplify business operations. The larger a business grows, the more accounting problems it is likely to experience. These software help small businesses to save time and resources by creating an automated method of managing finances, payroll and accepting payment. People often wonder why it is […]
Small & Micro Businesses have been urged to take advantage of the various funding readily made available by the Central Bank of Nigeria, there are windows to grow their businesses as the government is striving to revamp the economy through their efforts. The SUN reports that the Director, Development Finance, Central Bank of Nigeria (CBN), […]
The Central Bank of Nigeria has set N10bn as the maximum loan an obligor can access under its N250bn intervention fund for the gas sector. The CBN must have introduced the N250billion intervention facility to help stimulate investment in the gas value chain as part of its efforts to stimulate finance to critical sectors of […]
How would it feel if you could fit your whole business plan into a page? Did you just scream impossible? Well, it is possible when you make use of a business model canvas. Business Model Canvas According to Strategyzer, the Business Model Canvas (BMC) is a strategic entrepreneurial and management tool. It enables you to […]
This article was written by Dr Gbemisola Boyede, a Consultant Neurodevelopmental Paediatrician and Founder/CEO of Ask The Paediatricians Foundation. According to the World Health Organisation, globally estimated 5.3 million children under age five died in 2018–roughly half of those deaths occurred in sub-Saharan Africa. Nigeria is a major contributor these child deaths in sub-Saharan Africa. […]
Most of the famous public figures in the world started out at a young age. They developed inherent talents and grew to become forces to be reckoned with in their various fields. Teaching kids the art of entrepreneurship is a great way to boost their self-confidence and give them a platform to develop their talents. […]
