Although it may not look like it at first glance, MSMEs play a major role in the economy of Nigeria, as well as other economies around the world. Essentially, it provides more employment to the public, and are also more than the total number of large corporations around the world. Therefore, MSMEs … [Read more...] about MSME – An Overview of Micro, Small and Medium Enterprises In Nigeria
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Top 9 Agric businesses in Nigeria you can invest in 2021
Before the discovery of oil, agriculture used to be the major source of income generation for Nigeria as a whole. However, with time, the government shifted focus, greatly stunting its progress since the 80s. In reality, agriculture remains one of the most prominent industries with a huge market … [Read more...] about Top 9 Agric businesses in Nigeria you can invest in 2021
Trending businesses in Nigeria – What you should know
Although Nigeria is a country with lots of business opportunities, having the largest market in Africa, it is important that you invest right. This means that investing in certain businesses would most likely not yield profit. Notwithstanding, there are trending businesses in Nigeria that are … [Read more...] about Trending businesses in Nigeria – What you should know
Revenue Models and how it applies to businesses in Nigeria
The launch of a business is usually to solve a problem. However, parallel to starting a business is to make a profit. In this article, we will highlight the different types of revenue models applicable to a business. A revenue model is a framework that determines how to price the value … [Read more...] about Revenue Models and how it applies to businesses in Nigeria
Steps on How To Start a Small-Scale Business
Every small scale business starts as a big idea, but you have to be able to execute the plan into action. The execution phase is what gets most entrepreneurs overwhelmed, and some even give up before it starts. With a little dedication, getting started is easier than you think. Breaking your big … [Read more...] about Steps on How To Start a Small-Scale Business
10 Most Lucrative Businesses in Nigeria
Introduction If Nigeria is Africa's biggest economy, it makes you wonder what businesses keep Africa's biggest economy thriving. Opportunities are boundless in this populous nation of ours. In this regard, it can be hard to keep tabs on the endless possibilities that abound in Nigeria. This list … [Read more...] about 10 Most Lucrative Businesses in Nigeria
5 lucrative online businesses in Nigeria you can start now
Why are online businesses the way to go? Well, according to the 2019 digital report by Hootsuite and We Are Social, the average person spends more than six hours a day on the internet. This figure has increased as a result of the current global situation. A lot of people keep spending more time on … [Read more...] about 5 lucrative online businesses in Nigeria you can start now
Top 10 logistics companies in Nigeria
The nature of traffic hike in transportation prices in Nigeria has created a market for an endless list of logistics companies to thrive. Basically, small businesses can now get item delivered to their preferred location at the fraction of the cost if they were to handle it themselves. However, many … [Read more...] about Top 10 logistics companies in Nigeria
Types of Grants you should know
There are different types of grants available for businesses, NGOs, and individuals to leverage. Most of these grants are available for specific purposes. This may include scientific research projects, tuition, and general expenses of individuals and organizations. If you are on this page to … [Read more...] about Types of Grants you should know
How do I get Federal Grant in Nigeria?
Federal grants are financial awards given by the Federal government of Nigeria. They give these grants out for beneficial projects, but they do not include technical assistance or other financial assistance such as loans. As a grantee you are not expected to repay the money given to you. But, you … [Read more...] about How do I get Federal Grant in Nigeria?