Some banks can be parasitic when it comes to charges: withdrawal charges, ATM card maintenance charges, and many other strange fees can be a burden on your business unless you take immediate action to find out why your account balance continues to deplete. In one of our articles, we elaborated on things you need to […]
5 Practicable Ways To Reduce Banking Charges On Your Business Read More »
In the 1990s till late 2015, entrepreneurs who operated current accounts for their businesses paid returns on such accounts, it was called Commission on Turnover (CoT). That has changed as the Central Bank of Nigeria (CBN) replaced CoT with Account Maintenance Charges (AMC) or Account Maintenance Fee in its Revised Guide to Bank Charges that
There are companies and individuals across the world who wish to run a partnership business with Nigerian-based companies, but the rate of online fraud is a deterrent to many of them. The dastardly act of the online scam doesn’t mean that there are no legitimate businesses in Nigeria. If you’ve found a fraudulent business, a
10 Ways to Identify Legitimate Business in Nigeria Read More »
Takeaways: Some time ago, a fellow member of a group to which I belong asked a question: ‘What aspect of agriculture can I venture into with N500k?’ Certainly, you’ll find people suggesting poultry, fish farming, or cassava plantation businesses. I’d like to emphasize that goat rearing is a business that can significantly grow your capital
Starting a Goat Rearing Business With N500K And Growing Your Capital In One Year Read More »
Thinking of submitting reporting a financial crime to the Economic and Financial Crimes Commission (EFCC)? It is important to know what your petition must contain. They include a suitable title that summarizes the content of the report at a glance; the body of complaints should be brief and factual with all relevant evidence. The Economic
4 Major Ways To Submit Petition To EFCC in Nigeria Read More »
Lagos State Micro, Small, and Medium Enterprises (MSMEs) is likely to be the biggest in Nigeria if the state government continues with its present support for small business owners. While Lagos continues to support SMEs, one of Nigeria’s banks also has a programme for small business owners where they can showcase their ideas and received
Getting SMEDAN certificate for your business and including your business name in its database can give you access to lots of benefits, including access to business masterclasses, grants, and loans. Takeaways: In this post, we will show you the process of getting SMEDAN certificate for free online and how to link your BVN to SMEDAN to
How To Get SMEDAN Certificate for FREE In These 6 Easy Steps Read More »
Here is a privilege to apply for BOA-SMEDAN matching fund programme and we’ll outline all the things you need to put in place before submitting your application for this loan to stand a chance of getting up to N5, 000, 000 to boost your business. Remember, you need SMEDAN Unique Identification Number (SUIN) to access
How To Apply For N5M Collateral-Free BOA-SMEDAN Loan Read More »
Are you an entrepreneur and not more than 30-year old? You could have your business in front of millions of potential customers around the world with the First City Monument Bank (FCMB) Flexxpreneur of The Month. While Nigeria’s foremost bank is encouraging undergraduates to embrace entrepreneurship, we put together 30 sources for students to set up
How to Apply And Become FCMB Flexxpreneur of The Month Read More »
Passion in relation to entrepreneurship is called passion to profit. Passion has to do with something you love doing, that thing that gives you joy, something you’re never tired of. “Passion is an intense life-force generated from within, that manifests itself in boundless enthusiasm. It is a deep, positive and emotional connectedness that is created
How To Turn Your Passion Into Money-Making Machine Read More »
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