BUSINESS

Did You Know? The Oldest Technology Companies in Nigeria

Sometimes we get the impression that Nigeria’s tech industry is only just emerging from its infancy. That’s because when we speak about tech, we usually mean contemporary technology— the sort that’s applied in payments, edtech, agritech, and other emerging technology-driven

Why Shoprite is Considering Pulling Out of Nigeria

South African retail giant, Shoprite, announced that it was seeking investors to take over its Nigerian subsidiary. It disclosed this in its Operational and Voluntary Trading Update, published on Monday. The group said that it would be selling its stake

Lagos State Unveils ₦1 Billion Seed Fund for Hospitality Businesses

The Lagos State Government says it plans to provide funding for businesses in its tourism and hospitality sector. It says the seed funding would enable the targeted businesses drive economic growth in the post-coronavirus era. Governor of the State, Babajide

How Lynda Omerekpe-Ori Won the Forbes Digital Startup Accelerator Pitch

You are one presentation away from being crowned top startup founder by Forbes. That’s after getting selected from thousands of businesses and fending off competition from a couple of hundred entrepreneurs. You’re among the final ten. Just nail this pitch

Brands We Love: Chams Plc

Chams Plc is Nigeria’s foremost digital identity management solutions provider. It has played a role in the majority of the country’s ID projects, including supplying technology that supports the biometric data capture for the national identity card, BVN, and banking

Business Growth Tip: Market Your Business for Free | Part Two

This is the second article in a two-part series showing you how to market your business for free. The first part contains thirteen ways to generate publicity for your enterprise. You can read it here. In this second article, we

Prepare Your Children for Tomorrow’s Jobs Market

The World Economic Forum (WEF) says about 1 billion people will need to reskill by 2030 if they are going to remain relevant in the jobs market. In other words, about one in three adults living today may find very

Brands We Love: Onward Paper Mill

If you attended school in Nigeria within the last forty years, there’s a chance that you took lesson notes in an Onward Paper exercise book. You probably still use one now. Those paperback notebooks are the product of Onward Paper

Did You Know? The Top Selling Food Items in Nigeria

Nigerian households spent a total of ₦41 trillion on food in 2019. That’s according to a report by the National Bureau of Statistics, the country’s chief data collection agency. The document, titled National Consumption Expenditure Pattern in Nigeria, presents a

Global Entrepreneurship Competition 2020 

GEC2020 is an initiative of Startup City Hub Limited annual entrepreneurship business competition that is open to Nigerians at home and in the diaspora. GEC2020 was established to find the best business ideas and give the winning businesses the

Business Growth Tip: Market Your Business for Free |Part One

Would you like free marketing your business? It’s a brilliant idea– if you can pull it off. As a businessperson, you want to limit your costs as much as you can, while growing your revenues. Free marketing allows you to

LBS Faculty Wins $234,000 Grant For Virtual Reality Research

  Dr Eugene Ohu, a faculty at Lagos Business School (LBS), has won a grant of $234,000 from Templeton World Charity Foundation, Inc (TWCF) to conduct two-year virtual reality research. The research project titled “Teaching Children Empathy and Compassion through

2019 CN’s Top 100 Emerging SMEs: Dockaysworld

Nigeria’s media and entertainment industry could be worth $10 billion by the year 2023. This growth is being driven by an exploding thirst for a variety of content, including news and entertainment. Taken together with the other niches in this

Brands We Love: NASCO Foods

NASCO Foods is one of Nigeria’s oldest food product manufacturers. And it’s still a dominant player in the fast moving consumer goods segment. You will find its biscuits and cereals lining the shelves and filling the carts at supermarkets and

Fahim Saleh: A Visionary Entrepreneur And Human Being

  The Nigerian tech industry was thrown into mourning on Monday, July 13, 2020, after news of the death of the founder and CEO of the ride-hailing tech company, Gokada, was made public. The Bengali-American national, Fahim Saleh, played a

2019 CN’s Top 100 Emerging SMEs: Techfoundme

As more of Nigeria’s population goes online, a tantalizing opportunity is opening up for businesses in the country. Their customers, once unreachable except via physical means or expensive voice calls, can now be engaged with over less expensive digital channels.

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