Inflation in Nigeria has been touted to be sub 10% more often than not over the past decade(2010-2020). However, is this truly the case? The data from the field has always been in sharp contrast to these values. The price of certain product/services have been known to double easily within a typical 2 -5 year…
Market can be created! The driving force behind the creation of any product, goods and service is market availability. Ugwuala B.N. Many a time when a new idea is conceived people will always give reasons why it will fail, and one of it is there is no market to contain it, or how do you…
Business: Expectation vs Reality is a delve to debunk some myths related to starting and building your venture from ground up. Everyone wants to do business. In whatever form, no matter how small, doing business is an essential part of any company. Business is something many individuals look forward to doing. The failing global economy…
“Branding is what people say about you when you are not in the room”. Jeff Bezos. Building your brand identity is one of the primary things to look out for when starting up a business. With over an estimated 3 billion internet users on social media, many SMEs are trying to showcase their identity, produce…
Paystack and Flutterwave are easily the top payment processors in Nigeria. Payment processing has become a really lucrative business in Nigeria Paystack Paystack boasts of having the best transaction success rates in the industry with a bold claim that “If a transaction fails on Paystack, it’s improbable it’ll work anywhere else.” The Startup achieves this…
Kuda Bank Founded by Babs Ogundeyi, and Musty Mustapha, Kuda Bank is a full-service digital-only bank that enriches lives by helping people live healthier financial lives. The bank is on a mission to give all Africans on the planet access to the best banking rates at prices they can comfortably afford. Funding Kuda bank started this…
We were nominated as a top startup by The Startup Pill earlier this week. The nomination came as surprise and motivation as it is interesting to discover that our work is being noticed around the world. We were listed as one of the 101 Best African Startups Founded in 2020! These startups are taking a…
Etisalat came into Nigeria with an accentuated fanfare. It was not hard to know that a new telecommunication giant was in town. As an early adopter and bought one of their first series of 0809ja sim cards, I chose the network because I didn’t fancy the ultimate dominance of the number one network as this…
The Kobo360 story is one of a promising African startup really crushing it at the moment. Kobo 360 is a startup using technology to disrupt and improve the logistics sector in Africa. According to the 2018 Logistics and Supply Chain Industry report, the value of the logistics sub-sector of the economy currently stands at N250…
Profit is the difference in revenue and the expenses. Profit can be deemed as the life blood of all businesses and one important factor in determining the health of a business. The suceess of any business depends heavily on whether it can acheve profitability and how long it will take for it to do so….