JOB OPPORTUNITY: For a Legal and Administrative Executive at a new Start-up
THE START UP A new technological innovation start-up company with a mission to address the access to market challenge militating the growth and development of one of the key sectors in the continent. This company is working on creating a transformational platform that will bring efficiency and effectiveness to the current supply chain management system […]
Read MoreLET US NOT GET ANGRY; THE FIRS CIRCULAR DOES NOT CONCERN YOU
A few hours ago, the Federal Government, through one of its twitter handles, ordered all persons holding accounts across financial institutions and insurance firms to complete and submit Self-certification forms. Well, this was what the information sounded like, that was not what the announcement was trying to say, little wonder why the post has been […]
Read MoreIs Africa’s Internet Market Backed By Real Purchasing Power? (An Irokotv case study)
Economies around the world have experienced a squeeze with the global economy on lockdown. This crisis has not only affected businesses, people have lost their jobs which has inadvertently affected spending patterns. Irokotv, a video-on-demand streaming platform has had its fair share of the squeeze. While global streaming media is experiencing a […]
Read MoreLost and not found? When money in your savings accounts grows wings who is to be held responsible?
A combination of cashless policy, mobile phone penetration and internet affordability has led to an increase in Fintech companies in Nigeria, ranging from savings, insurance to crowdfunding platforms. According to a Nairametrics report published in 2020, Nigeria’s Fintech landscape consists of 210-250 companies with revenues expected to reach $543m in 2022 up from $153.1m in […]
Read MoreFUNDING INFORMATION ALERT!
Hey, startups, trying to raise money, but don’t have great VC connections? Here’s a carousel of investor forms you can fill out to get access without a warm intro or funding challenge! 1. https://airtable.com/shrhaAMLB7IP8tv0f Participating Venture Capitalist: RareBreed VC Description: Rearbreed VC is always on the lookout for “RareBreed” Entrepreneurs 2. https://docs.google.com/forms/d/e/1FAIpQLSd46TLw7WeppbNcrMi7t5rZAAGQo4nGv_fcblKWfUEO-QSqlg/viewform Participating Venture Capitalist: […]
Read More2020 Q2 GDP DATA POINTS TOWARDS AN ECONOMIC RECESSION; HOW CAN STARTUPS NAVIGATE THROUGH THIS TRYING TIMES
Nigeria’s National Bureau of Statistics recently released 2020 Q2 GDP data. This data showed a contraction of 6.1% when compared with last year’s real GDP. This contraction is the steepest seen since 2004 and an end to three years of feeble but steady growth post the 2017 recession. The decline is mostly attributable to a […]
Read MoreGHOST KITCHENS – THE FUTURE OF RESTAURANTS
A business model that once seemed marginal before the coronavirus pandemic now looks like the future of restaurants. Just like fashion, electronics & gadgets, and cab services, the food delivery sector is one that is earning massive compensation as the workplace continues to become demanding with everyday increase stress due to heavy traffic. As of […]
Read MoreCAMA 2020; IS THE GOVERNMENT PROMOTING THE EASE OF DOING BUSINESS INITIATIVE OR, IS THE GOVERNMENT TRYING TO CAPTURE MORE BUSINESSES INTO THE TAX NET?
In a bid to address the ease of doing business initiative of the present administration, President Muhammadu Buhari, on Friday, August 7, 2020, signed into law an amended Companies and Allied Matters Act (CAMA). The new Companies Allied Matters Act CAMA 2020 is expected to enhance the ease of doing business in Nigeria. The new […]
Read MoreTHE RISING PUBLIC DEBT LEVEL IS KILLING SMEs IN NIGERIA
I’m no policy expert, but the African government has a default setting to result in Irresponsible public borrowing. This phenomenon has caused debt in many African countries to reach a crisis level. Between 2010 till date, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of […]
Read MoreCOVID-19 Teaches Us Demand, Supply And Pricing So Well
Remember how we were taught in secondary school that the market prices are controlled by the forces of demand and supply? Well, it is not far from the truth, as even the most profitable ventures with massive market share are bounded by the forces of demand and supply, and the outbreak of coronavirus (COVID-19) further […]
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