Founders and investors commit to different ventures to provide solutions, achieve a dream, and effect change. When these objectives are fulfilled, exits are the required and diverse exit strategies for startups are deployed. But what exactly is an exit strategy? Why is it important? What are the various types for startups and investors? In this…
A team is a group of people who perform interdependent tasks in a bid to work towards accomplishing a common mission or specific objective. A high performance team guarantees a higher work rate, improved quality and productivity, greater innovation and promotion of cross-functional understanding {especially of a product yet to be launched into the market.}…
Imagine you ordered a new laptop online. You were so excited to receive it, but when you opened the box, you were disappointed to find that it was damaged. The screen was cracked and the keyboard was broken. So, you called the customer service number, but the wait time was long. You waited on hold…
Introduction The African mobile money market is one of the most successful mobile financial services (MFS) markets in the world. It has grown rapidly in recent years and is now used by millions of people across the continent. Mobile money has revolutionized the way people in Africa access financial services. In just a few years,…
The funding landscape for Nigerian startups has been very positive in recent years. In 2022, Nigerian startups raised a total of $1.2 billion in funding, which is more than the combined forces of other West African countries. This funding from investors and venture capitalists has helped to support the growth of these startups and has…
The eyewear industry has seen remarkable growth in recent years, with people considering eyeglasses not just as a necessity but also as a fashion statement. The demand and sale of these eyewear have increased in the world, especially in places like China and India. Eyewear is highly needed because of the rise in eye defects…
The United States is home to many emerging peer-to-peer money transfer apps. Interestingly, P2P payment apps have become increasingly popular in recent years, as they offer a convenient and secure way to send and receive money from friends, family, and even businesses. With just a few taps on your smartphone, you can now easily send…
In our present globalized world, the business landscape has seen intense evolution, hence, staying ahead of the competition requires more than just innovative products or services. It has boiled down to the fact that for your business to be sustained you need to deliver exceptional customer experiences and make a lasting impression.
Over the years many startups in the world including Nigeria has being laid off due to the global issue of inflation and economic instability. Many of these startups struggle to make profits with funds raised from investors and other sources. Despite all odds, Nigeria is home to a thriving startup ecosystem, with many companies that…
Introduction Digital lending is a rapidly growing sector in not only Nigeria but in other countries around the world. The rate of emerging new digital lending platforms is on the high side and this growth is driven by several factors including the increasing availability of smartphones and the Internet. Well, today’s GenZ and millennials hardly…