A sole proprietorship is one of the best ways to have the desired business freedom. You will have time to make a decision. You will decide when to open shop and when to take a time off work. But this doesn’t come without some challenges, one of them is raising capital.
I asked 10 young graduates about the most challenging thing in starting a business, six of them said funding, the rest picked other reasons.
This isn’t peculiar only to young graduates who want to set up a business because the government has failed to create jobs. And every successful business owner faced the problem of business funding at a time. How did they overcome it?
You may have the money to start a business, but you need people to grow. No business succeeds in isolation. You need people as clients and customers, you need people to help you grow. So how exactly can you explore the power of existing and new customers to grow your business?
The North East Development Commission (NEDC) a few years ago rolled out different training programmes for residents within the six states that fall within the geo-political zone. Today, it has trained about 3,000 in ICT alone over the period of two years.
Hundreds of Nigerians who applied for funding for their businesses during and post COVID-19 are worried that their application was rejected. Some of those whose applications were rejected concluded that the funds were only given to those who are “connected” to political heavyweights.
If you have access to your community and farmers in your locality, here is an untapped income-generating opportunity through the NIRSAL Agro Geo- Cooperatives Formation.
Cryptocurrency expert advises that you should double-check transaction details to avoid sending the coin to the wrong recipient. But man is prone to making mistakes regardless of how careful they are. So, can you cancel an unconfirmed bitcoin transaction if you noticed you haven’t sent it to the right address?
Every loan initiated by the Federal Government has a purpose and mostly the funds are managed by the Bank of Industry (BoI). One of them is the National Automotive loan. Is there a brand of vehicle that isn’t on Nigeria’s roads? Nigeria is a huge market for all kinds of vehicles.
On July 14, 2021, history was made as a re-branded Guaranty Trust Bank which is now known as Guaranty Trust Holding Company Plc’ (GTCo) officially announced Mrs. Miriam Chidiebele Olusanya as its Managing Director.
The coast is now clear that the launching of Tertiary Institutions’ Entrepreneurship Scheme (TIES) will be done in a couple of months as the Central Bank of Nigeria (CBN) again re-echoed the need to empower and support young Nigerian graduates who want to embrace agriculture and other businesses.
Since the world experienced the unprecedented boom in the value of bitcoin, we’ve come across a question like what cryptocurrency exchange should I use for trading? If you are a newcomer in the industry, definitely, it’s the right question. In this post, we’ll share with you some attributes to look out for before entrusting your hard-earned money to a platform.
Every year, Dufil Group rolls out its graduate trainee scheme for young Nigerian graduates across the country, making it available for brilliant and those who want to have a taste of how it feels like to work in a multi-national company, this year’s programme isn’t an exception.
A few months ago, we informed you that you can own an apartment in Nigeria with as low as N2, 000, 000 under the National Social Housing Programme. Today, the Federal Mortgage Bank of Nigeria reveals that it has disbursed close to N300 billion under the housing scheme.
If you have heard about the Cement Fund but don’t know what it’s about, here is a simple way to be part of it and how the fund will be implemented through the Cement Technology Institute of Nigeria (CTIN) by the Bank of Industry (BOI).
Nigeria’s government has finally shown its interest to massively invest in housing. It’s doing this by building 300,000 houses for interested Nigerians across the country under its programme called National Social Housing Programme (NSHP)
Nigeria’s apex bank has barred Payment Service Banks (PSBs) in Nigeria from granting loans. It also barred the PSBs from accepting foreign currency in its latest guidelines seen by InfomediaNG. This means that the PBS can no longer grant any form of loans, advances, and guarantees, directly or indirectly, to their customers.
While hundreds of Nigerian graduates jump on any opportunity to leave the shore of the country for a greener pasture abroad, Ashley Jiritmwa Tapgun returned to Nigeria to start a strawberry farming business in Jos, Nigeria, after completing her first degree in International Relations and a Masters in Global Ethics and Human Values.
In our startup inspirational story today, we’ll share with you the story of Becky Osarume Osagie, a Nigerian lady who returned to Nigeria from Italy to learn the vulcanizing job, and today she makes between N4,000 to N5,000 per day.
The beneficiaries of the N-Power batch C programme will henceforth receive their monthly stipend from the independent monitors appointed by the Federal Government. Unlike batch A and B of the youth investment programme, where beneficiaries received N30,000 monthly stipends in their bank accounts from the FG, the new batch C will not enjoy that benefit.
In the 1990s, only a few people took dry cleaning as a serious job. It was majorly done by the old people who wanted a means of survival. It wasn’t lucrative because at least eight out of ten people did their laundry at home. That has changed as the world continues to evolve.