What does the idea of making money while you sleep sound like? Not so easy to achieve right? No! Several years before now, executing passive income ideas would have been almost next to impossible; however, things have become easy with the advent of technology. For SMEs in Nigeria looking to generate more income with their […]
The virtual TecXposition event has been set for November, bringing together corporates, government delegates, investors, startups and students to demystify key technology domains and explore practical applications to improve profitability and enhance everyday life in Africa. TecXposition, which will take place on November 12-13, will explore various tech aspects of tech as they relate to […]
From a new digital marketplace to connect Africa’s creatives with global markets, to masterclasses to help designers share and learn, and webinars to inform and inspire: the African Development Bank’s (AfDB) flagship Fashionomics Africa initiative has taken great strides this year. The website and mobile app were unveiled at the Global Gender Summit in Kigali […]
Dropshipping is quickly becoming one of the most lucrative businesses in Nigeria. It is both stress-free and a low budget business. With the rise of e-commerce platforms, the market looks promising for aspiring online retailers. You might be looking through a list of businesses you would love to start up and you are wondering what […]
The music industry in Nigeria is laden with lots of challenges, variables, reactions, stories, and drama. More than this, this industry is one of the biggest contributors to the Nigerian economy. Did you know that revenue from the Nigerian music industry is projected to hit N18 billion ($50 million) in 2020? This industry is expected […]
The last two decades have seen the sharp rise of digital technology and globalized trade. Most people across the globe enjoy internet access and despite all the perils we grapple with daily, it’s encouraging to acknowledge that we live in a time ripe with unprecedented opportunities and potentials for business development. Thanks to all the […]
The Bank of Industry said the total amount it disbursed to the Micro, Small and Medium Enterprises segment in the country in 2019 rose by 56.3 per cent to N53bn year-on-year from N33.9bn disbursed in 2018. The Chairman, Board of Directors, Mr Aliyu Dikko, said this during the bank’s 60th annual general meeting which held […]
The Central Bank of Nigeria has disbursed N152.9bn for 61 manufacturing projects under parts of its intervention funds. The Governor of the Apex bank, Godwin Emefiele, disclosed this in a report on his communique at the last Monetary Policy meeting, which was obtained on Friday. “The committee noted that the CBN had disbursed over N152.9bn […]
The Federal Government has announced plans to roll out a N2.3 trillion stimulus package and survival fund for Micro Small and Medium Enterprises (MSMEs) to stay afloat amid the economic challenges imposed by the pandemic. The survival fund includes payroll support for three months, and guaranteed off-take scheme among others, all under the National Economic […]
Ingressive LLC, a holding company which runs Ingressive Advisory and Ingressive Capital, launched a non-profit arm, Ingressive For Good(I4G). Ingressive Advisory provides market research services for global businesses and investment groups while Ingressive Capital is an African-focused venture capital firm which recently doubled the size of its fund to $10M Ingressive For Good aims to […]
