BUSINESS

Brands We Love: Taos Cosmetics

When Vanessa Onwughalu founded Taos Cosmetics, she had her sights set on filling a pressing need— the relative lack of beauty products designed specifically for Africans. This was a real gap waiting to be filled, especially in the United Kingdom

How Websites And Bloggers Make Money

  In Nigeria, We have Network Service Providers like MTN, AIRTEL, GLO, and 9MOBILE, these providers enable us to get Sim cards which we use for easier communication in and across national boundaries. These network Providers also provide us with

Did You Know? More Than 40 Percent of Nigerian Entrepreneurs are Women

The Nigerian economy is powered by the strength and resilience of several million entrepreneurs. From the founding executive at a top manufacturer to the regular roadside retail vendor, there’s no shortage of people willing to build businesses that meet the

Business Growth Tips: How to Get a Loan From a Bank

Businesses don’t always have the funds they need to cover their costs. Sometimes, they have to seek financing from some other source. Banks are among the first options entrepreneurs think about when the question of external funding comes up. They’re

How to Bridge Nigeria’s SME Funding Gap

A majority of Nigerian SMEs aren’t getting the funding they need to scale. One report from the CBN says that between 2013 and 2017, only 5.3% of small and medium scale businesses in the country had access to bank credit.

How the Finance Act 2020 Will Affect You And Your Business

The Finance Act 2020 has come into effect, having been signed into law on December 31. The act introduces over 80 changes to a range of laws, including the Companies Income Tax Act, Personal Income Tax Act, Nigerian Export Processing

Brands We Love: Grey Velvet Stores

When Isioma Aihie founded Grey Velvet Stores in 2012, she was firmly focused on achieving one thing: making the work of Nigeria’s best budding designers accessible to the public. And in the eight years since its founding, the outfit has

Business Growth Tips: How to Generate New Sales Leads

How do you convert people into sales leads for your business? How do you take them from being slightly curious about your products and services to persons ready to spend their money on what you’re offering? This is one of

Did You Know? A Roundup of Key Business Facts from 2020

In 2020, Nigeria’s business environment was hit by multiple currents. A global pandemic touched down on our shores, eventually tipping the country into recession. Some businesses struggled; a few thrived. The borders were shut for much of the year, but

5 Things Nigerian SMEs Should Look Out for in 2021

The past year was tumultuous for business. Much of it was defined by COVID-19 and its effects on the economy. The virus blighted most of the commercial landscape in the first half of 2020; many businesses spent the second half

Special Public Works Program Employing 774,000 Nigerians Commences

  The Federal Government has announced that its Special Public Works program, which will employ 774,000 Nigerians across the country, takes off today, Tuesday, January 5 2021. This was disclosed on Monday in a tweet by Bashir Ahmad, Personal Assistant

How To Win The $5,000 Grant From The Tony Elumelu Foundation Entrepreneurship Programme

  If you run a business and you’re seeking financial support to expand and strengthen it, here’s news you should take seriously. For six years, the Tony Elumelu Foundation has organized an annual entrepreneurship programme, through which it has helped

The NSE Is The World’s Best Performing Stock Market In 2020

  The Nigerian Stock Exchange has been ranked the world’s best-performing stock market in the year 2020. The bourse placed first among 93 equity indexes tracked by Bloomberg in terms of growth recorded throughout the year. Read more about Finance

How to Flip Land for Profit in Nigeria

Land flipping is probably the easiest and least expensive way to get involved in the real estate business. It involves buying land at a relatively low price and selling it for a profit. You just need to find a buyer

Brands We Love: Drugfield Pharmaceuticals

Nigeria’s pharmaceutical industry is populated by several large players and smaller companies. Each brand has a unique history. Some arose decades ago, to address a lack of indigenous drug manufacturers in the country. Others came on the scene relatively recently,

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