Start Up Watch: Three Nigerian Start Ups to Watch Out For
1. EasyTaxi: Have you ever gotten stuck on the road and needed a cab? Have you ever been robbed because you got into an unmarked and unlicensed taxi? Then EasyTaxi is for you. This smartphone app allows users to get licensed taxis with just the click of a button. The startup seeks to ensure safe […]
Startup Grind Lagos Chapter to Host Jeremy Johnson, Iyinola Aboyeji, Others
On the 14th of June 2014, Startup Grind Lagos Chapter will take place at Kaiven Ventures Partners, 7b Acme Road, Ogba, Lagos and play host to four entrepreneurs. Startup Grind is a global startup community designed to educate, inspire, and connect entrepreneurs. It is powered by Google for Entrepreneurs. Startup Grind hosts monthly events in […]
Meet The Boss: Tobi Olanihun, CEO WOW! Connect
Tobi Olanihun, an event conceptualizer and executor, spoke to Connect Nigeria about why she decided to start up a business in line with her passion, and gave upcoming entrepreneurs advice worth a bag of gold. CN: Tell us a bit about your professional background. TO: I hold a BSC (Hons) from Obafemi Awolowo University (OAU) in […]
Connect Nigeria’s Rep Your Hood: Take Pictures of Business Cards, Win Points for Exclusive Deals, Offers and Gifts
If you have seen the Rep Your Hood advert and do not know what it is about or are hearing of this for the first time, let us tell you how you can represent businesses in your different communities here on Connect Nigeria. Have you walked into that boutique, consulting office, or restaurant just […]
Lafarge WAPCO Merges South Africa, Nigeria’s Businesses, Changes Name
Lafarge Group on Tuesday said it had combined its Nigerian and South African businesses to create a new name, Lafarge Africa Plc. The company, in a statement made available to our correspondent, said it had concluded plans to transfer all its shares in its businesses in Nigeria and South Africa to the new […]
Nigerian Billionaire, Femi Otedola, Made $398 Million in 3 Months
Billionaire businessman, Femi Otedola, has reportedly made $398 million between March 3 and June 2 following the rise in shares of Forte Oil by 167% within the period. According to Forbes Africa, On March 3, the company’s stock was trading at N88.4 ($0.55), and at the close of trading on June 2nd, its share price […]
GTBank Launches The SME MarketHub for Nigerian Businesses
Guaranty Trust Bank Plc (GTBank) has launched “The SME MarketHub” which will serve as a free business directory and e-commerce portal to help support small and medium scale enterprise activities in the country. The e-commerce portal will help entrepreneurs list, promote and sell their business and services online while taking advantage of the […]
Applications for Venture Capital Funds 2014 Lagos Accelerator Programme Open
The Venture Capital Fund, 440.ng, a partnership between venture capital firms, 88mph and L5Lab, to bring early stage funding and the accelerator model to Nigeria, has opened applications for its 2014 Lagos accelerator programme. Having successfully raised $1.5 million, the fund has begun screening start-ups for investment. The 440 model, innovated by Y-combinator […]
Regcharles Finance and Capital Ltd Establishes It’s M.A.R. Fund
To further buttress its commitment to the development of Micro Small and Medium Scale Enterprises in Nigeria, with a special focus on the real (agriculture, manufacturing) and retail sectors, RegCharles Finance and Capital Ltd recently established the M.A.R. Fund. This fund, as the name implies, focuses on the Manufacturing, Agriculture and Retail businesses […]
FG, USAID Plan to Reduce Cost of Business in Nigeria
The Federal Government is developing a road network as part of new package that will reduce the cost of business in the country by decreasing transportation costs. The pilot road project, which will connect Lagos to the North is being developed in conjunction with some private sector partners and supported by the United […]
Nigeria Registers 38,419 New Companies 2014, Says CAC
The Corporate Affairs Commission, CAC, has announced that the commission has registered a total of 38,419 new companies/businesses nationwide in the first quarter of 2014. According to the statement signed by the commission’s Director of Public Affairs, Williams Churchill, the figure comprises 19,057 limited liability companies, 17,399 business names and 1,963 incorporated trustees popularly known […]
Meet the Boss: Enitan Macaulay, K-Mac Grill
Enitan Macaulay, popularly known as Mac-K started his Grilling business in Lagos during a time when most catering companies did large-scale catering in parties. Macaulay speaks to Connect Nigeria on why he decided to stick to grilling alone, how the K-Mac name became a brand name and what aspiring entrepreneurs need to know about […]
Investors Advised to Follow Right Channels
Muhammad Yusuf Lere, the special adviser to Kaduna State Governor on Trade and Investment has urged those willing to invest in Nigeria not to ‘go through the back door’ but follow the right channels. He said this at a media briefing on the forthcoming 2nd Nigerian Diaspora Direct Investment Summit (NDDIS) in London scheduled for […]
Ohi Alegbe Announced as NNPC Spokesperson
The management of the Nigerian National Petroleum Corporation, NNPC, on Monday announced the appointment of Ohi Alegbe as Group General Manager, Group Public Affairs Division, GGM, GPAD. In a statement signed by Group Executive Director, Finance & Accounts, Bernard Otti, the NNPC said the appointment takes immediate effect. Mr. Alegbe, an alumnus of the University […]
FCMB Capital Markets Finances Nigeria’s First $65m Green Building
FCMB Capital Markets Ltd, investment banking arm of FCMB Group Plc, has made it its business to show its real estate financing capacity by acting as the sole financial adviser and organizer of a $65 million structured debt finance for a world class, eco-friendly office complex called The Heritage Place. The bank was a […]