When social media giant, Facebook, announced on Wednesday, August 25, 2021, that unveiling its digital wallet, some business owners debated whether it will displace the existing payment methods. But that isn’t true. In fact, it would add more options for shoppers to widen a wide range of payment options to choose from. We monitored a … Read more
Would you believe it if I told you that some men’s wears you buy at a boutique between N6,000 to N8,000 are less than N3,000 on some foreign online platforms plus delivery cost? Surprisingly, you scroll past their pages on social media unconsciously every day, not knowing business opportunities are lurking. You can start making … Read more
When a small business owner takes a bold step to set up a venture, definitely their plan is to expand, grow, and possibly go international. Unfortunately, the rate of business failures across the world is disturbing and alarming in struggling economies. In the face of numerous challenges, how can small business owners avoid business failure? … Read more
Most times, small business owners are preoccupied with their daily multi-tasking activities, thereby ignoring or paying less attention to record-keeping. Of course, an SME owner isn’t a superman or woman, yet the same proprietor is the accountant, stock keeper, manager, and driver. But ignoring to keep a financial record could be detrimental to the long-term … Read more
To the panel of the Young Tycoon Business Competition, selecting who wins the 2021 edition worth $960,000 prize may be a tough decision as two young Nigerian students of Greensprings School, Lagos, Chioma Abone and Emmanuella Ilok, presented their wearable technology that will curb the kidnapping of students in Nigeria. The wearable device which can … Read more
In the 80s and 90s, most small business owners went to cafe or had printing machines at home to make photocopies of important documents or files of their business. Sales, debit, income, and other important records were handwritten in the record book to keep track of products in their store. That has changed. The advancement … Read more
Access Bank recently says it has over 70,000 as agents spread across Nigeria, disclosing that its aim is to reach unbanked and under-banked millions of Nigerians in communities and cities. What are the requirements to become Access Closa Agent in your community? Do I need millions of naira to register as POS agent? For Small … Read more
In the 1990s, business owners had their tables filled up with files and record books. Those have become archaic in today’s world. Files and other important documents can be stored in the cloud and such files can be accessed anywhere on a device. The beauty of this is that there are firms that offer free … Read more
Saka T Entertainment has announced the official launch of a new range of customized T-Shirts under the brand Saka T Collections to be available in Lagos and across Nigeria. The new product which is done in quality material, Saka T Customize T-Shirts come with your images, text, design, or logo, depending on customers’ preferences. CEO … Read more
By the end of 2021, qualified women entrepreneurs in Nigeria will enjoy $50 million credit facility from the First City Monument Bank (FCMB) courtesy African Development Bank (AfDB). Founded in April 1982, The Nigerian bank is popular for its SheVentures, one of the special loans specifically designed for women entrepreneurs in Nigeria, loans for women can … Read more