Archives Tag: finance
Naira Rebounds as CBN Clears Forex Debt Backlog
April 19, 2022
The naira has surged to N1,120 against the dollar in response to the Central Bank of Nigeria’s action to clear some of its FX backlog on Thursday. This marks an increase of N50 or 4.27 per cent compared to the N1,170 it traded for on Wednesday. Read more about Finance Currency traders, also known … Continue reading Naira Rebounds as CBN Clears Forex Debt Backlog
Lidya Graduate Internships for Young Nigerians Seeking a Career in Finance
April 19, 2022
Lidya, a technology-driven lender to small businesses, is looking to recruit young and qualified Nigerians who would like to become its interns. The company is specifically interested in hearing from persons who want to build a career in the FinTech and financial services industry. If you’re interested in laying the foundations for a future as … Continue reading Lidya Graduate Internships for Young Nigerians Seeking a Career in Finance
Fintech: How to Identify and Capture Untapped Revenue
April 19, 2022
The financial technology (fintech) industry has experienced significant growth in recent years, disrupting traditional financial services and offering innovative solutions to meet evolving customer needs. Fintech companies have not only revolutionized banking, payments, and investment but have also uncovered new avenues for generating revenue. In this article, we explore how fintech can identify and … Continue reading Fintech: How to Identify and Capture Untapped Revenue
4 Ways FinTech Can Serve Students in Nigeria Profitably
April 19, 2022
Financial technology, or FinTech, has rapidly transformed the way financial services are delivered worldwide. In Nigeria, a country with a large and growing student population, FinTech companies have a unique opportunity to serve students profitably by addressing their specific financial needs. This article explores four ways FinTech can effectively cater to students in Nigeria … Continue reading 4 Ways FinTech Can Serve Students in Nigeria Profitably
Navigating the Funding Winter: A Guide for Nigerian Startups
April 19, 2022
Startups often find themselves in a constant quest for capital to fuel their growth and innovation. However, there are periods when securing funding becomes more challenging, commonly referred to as a “funding winter.” During these periods, investors may become more cautious, and the availability of capital may diminish. Nigerian startups are no exception to … Continue reading Navigating the Funding Winter: A Guide for Nigerian Startups
Top 5 General Insurance Providers in Nigeria
April 19, 2022
When you take out an insurance policy for your home, business, vehicle, health, or other things that you consider important, you protect yourself from the financial burden that you may incur if they are damaged or lost. Read more about Finance You can either get life insurance—which pays out a sum of money upon the … Continue reading Top 5 General Insurance Providers in Nigeria
6 Signs Your Business Needs External Financing
April 19, 2022
Sometimes, you won’t have enough capital to fund your business’s operations. When such moments come, you’ll have to evaluate your financing options. One path you can take is external financing; to seek funding from external sources like banks, digital lenders, and other financial institutions. But it’s not always clear when to do this. Read … Continue reading 6 Signs Your Business Needs External Financing
Financing Options for SMEs
April 19, 2022
Small and medium-sized enterprises (SMEs) play a vital role in the global economy. They drive innovation, create jobs, and contribute significantly to local communities. However, one common challenge that SMEs often face is obtaining financing to support their growth and operational needs. Fortunately, there are several financing options available to SMEs, each with its … Continue reading Financing Options for SMEs
5 Fintech Innovations for Small Business Finances
April 19, 2022
In the ever-evolving landscape of finance, small businesses are no longer limited to traditional banking solutions. Fintech, short for financial technology, has revolutionized the way small business owners manage their finances. These innovations are making it easier for entrepreneurs to access capital, streamline operations, and make informed financial decisions. In this article, we will … Continue reading 5 Fintech Innovations for Small Business Finances
5 Institutions Where SMEs Can Get Grants and Loans in Nigeria
April 19, 2022
Small and medium-sized enterprises (SMEs) are the backbone of the Nigerian economy, accounting for over 90% of businesses and 70% of employment. However, access to finance (grants and loans) remains a major challenge for SMEs in Nigeria. Read more about Finance The good news is that there are a number of Nigerian-based institutions that … Continue reading 5 Institutions Where SMEs Can Get Grants and Loans in Nigeria
5 Innovative Financing Models for Nigerian Agriculture SMEs
April 19, 2022
Agriculture plays a crucial role in Nigeria’s economy, providing employment opportunities and contributing significantly to the nation’s GDP. Small and Medium Enterprises (SMEs) within the agricultural sector are essential for driving growth, food security, and rural development. However, accessing finance remains a challenge for many agricultural SMEs. In this article, we will explore five … Continue reading 5 Innovative Financing Models for Nigerian Agriculture SMEs
How to Spend the Money Your Startup Raises
April 19, 2022
Congratulations! Your startup has successfully raised funding, which is a significant milestone in your entrepreneurial journey. Now, you’re faced with a crucial decision: how to allocate and spend the money wisely to ensure the long-term success of your business. In this article, we’ll explore some key strategies or some valuable tactics for investing or … Continue reading How to Spend the Money Your Startup Raises
The General Electric Gas Power Finance Management Trainee Program
April 19, 2022
General Electric invites suitably qualified persons to apply for a place in its Sub-Saharan African finance team, specifically as a finance trainee. The company says that its finance team is currently working to transform the way its financials are monitored and reported. This opportunity will afford the trainee the chance to learn how financial … Continue reading The General Electric Gas Power Finance Management Trainee Program
How to Secure Emergency Funding for Your Business Really Fast
April 19, 2022
Businesses experience unexpected financial hiccups. It’s something you should expect as an entrepreneur. Whether it’s a sudden drop in sales, an unbudgeted-for expense, or national events affecting cash flow, securing fast emergency funding can be the lifeline that ensures business continuity. Here are some effective steps to help you navigate the process of obtaining … Continue reading How to Secure Emergency Funding for Your Business Really Fast
How to Effectively Manage Black Tax as an Income Earner in Nigeria
April 19, 2022
Black Tax refers to the financial support that professionals and income earners, in general, are expected to give to their extended families and sometimes even their communities. This can be a significant financial burden, especially for young workers and entrepreneurs who are just starting to establish themselves. Here’s a guide on how to deal … Continue reading How to Effectively Manage Black Tax as an Income Earner in Nigeria
