Introduction In today’s turbulent Nigeria’s economy, quick access to funds can be a lifesaver. Whether it is to cover unexpected expenses or seize a business opportunity, loan apps in Nigeria have made borrowing easier than ever. With just a few taps on your smartphone, you can secure a loan within minutes. But which loan apps…
Introduction Corn flakes have become a staple breakfast cereal worldwide, offering a convenient, nutritious, and affordable meal option for millions. In Nigeria, the growing demand for ready-to-eat food products like corn flakes presents a lucrative opportunity for entrepreneurs and investors looking to venture into the food processing industry. With Nigeria’s large and youthful population, a…
Introduction Nigeria, Africa’s most populous nation, faces a growing waste management crisis. With over 200 million citizens generating vast amounts of waste daily, the country’s cities and towns are grappling with overflowing dumpsites and environmental degradation. However, hidden within this challenge lies a golden opportunity: converting waste to wealth through innovative recycling solutions. The Waste…
First published on LinkedIn. Nigerian rising interest rates worry many borrowers. Here are 5 reasons Bank of Industry (BOI) loans remain the best. Nigerian interest rates are going up and Nigeria’s central bank has aggressively raised its monetary policy rate (MPR) to 22.75% to control inflation. This represents 400 basis points (4%) from…
Trying to secure funding for your business venture can be both exciting and challenging. The landscape is diverse, with a multitude of fund providers offering different ways to access capital. Founders and business owners are often confused about which type of funding and provider suits their business. Every fund provider has its own type of…
Starting on a new business venture is an exciting process, but it requires careful planning to navigate the risks and challenges successfully. One important aspect is preparing a business plan – the roadmap that outlines your goals, strategies, and the way to profitability. As an entrepreneur, you face the decision: Do you prepare the business…
Are you dreaming of launching a successful business? The journey from ideation to sustainable success requires more than just a great idea—it demands a diverse skill set. Here is a breakdown of the essential skills every entrepreneur should cultivate to navigate the challenging yet rewarding world of business drawing inspiration from some successful entrepreneurs who…
Starting a business is a dream for many entrepreneurs, but the road to success is filled with challenges. According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. According to the U.S. Bureau of Labor Statistics (BLS), approximately 20% of new businesses fail during the first two years,…
When it comes to profitable ventures in Nigeria, the Rice Value Chain is one sector worth exploring. The Rice Value Chain is a significant component of Nigeria’s agricultural industry, contributing to economic growth and development. Understanding the components and potential of the Rice Value Chain is essential to unlocking profit potential in Nigeria. Key Takeaways:…
Welcome to the world of startup funding, where venture capital firms and angel investors play significant roles in shaping the future of innovative companies. While both venture capital firms and angel investors provide crucial funding to startups, it’s important to understand the key differences between the two and why it matters for entrepreneurs like you….
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