CATEGORY: MSME

10 hard truths Jack Ma hammered on in his visit to Africa

10 hard truths Jack Ma hammered on in his visit to Africa

Asia’s richest man, Jack Ma (founder and Executive Chairman of Alibaba Group), recently paid a 2 day visit to Kenya and Rwanda on his...


CBN holds MPR at 14% ; what it means for Startups and SME’s

CBN holds MPR at 14% ; what it means for Startups and SME’s

The Central Bank of Nigeria CBN’s Monetary Poly Committee meeting (MPC) was concluded on Tuesday with the decision to hold  the policy rates. According...


Entrepreneur vs Employee? CEO of a N148 billion revenue company had this to say

Entrepreneur vs Employee? CEO of a N148 billion revenue company had this to say

So much is currently being said about the need for young vibrant entrepreneurs to make the most of the country’s current economic recovery by...



STARTUPs: How to prepare for Lagos State’s PAYE mid year tax review

STARTUPs: How to prepare for Lagos State’s PAYE mid year tax review

Don't get...


LSETF launches VC Structure to fund more startups

LSETF launches VC Structure to fund more startups

Lagos State employment trust fund, LSETF has announced plans to partner with high net-worth individuals on a funding initiative that could provide thousands of...


Nigeria’s $1M Venture Capital Fund for Nigeria’s Creative Industry: A Deconstructive Analysis

Nigeria’s $1M Venture Capital Fund for Nigeria’s Creative Industry: A Deconstructive Analysis

Money fall on you, Banana fall on you…Davido One must commend the Federal Ministry of Information, Culture and Tourism and its partners successfully organising...


LSETF partners with Federal lawmaker, Hon. Wale Raji on women empowerment scheme

LSETF partners with Federal lawmaker, Hon. Wale Raji on women empowerment scheme

… signs MoU with beneficiaries to get interest free...


This free ‘legal clinic’ for Startups and SMEs is holding in Lagos Soon

This free ‘legal clinic’ for Startups and SMEs is holding in Lagos Soon

On Thursday, July 27, 2017 at Villa Toscana, Oniru, Lekki, Okhai Akhigbe & Co. (OAC)—a Lagos-based legal services firm—will be hosting small- and medium-size...


5 Reasons you should start an eCommerce business

5 Reasons you should start an eCommerce business

It’s been said that eCommerce is the future. If you’re thinking about venturing into this virtual retail world, here are five reasons why now...


These are the 12 documents you must provide to open a corporate bank account in Nigeria

These are the 12 documents you must provide to open a corporate bank account in Nigeria

For prospective business owners, opening a bank account for the entity is a foregone conclusion. While different banks have slightly different procedures for opening...


We summarized VAIDS for you in ten bullet points

We summarized VAIDS for you in ten bullet points

Last week, the Federal Government introduced the Voluntary Asset and Income Declaration Scheme (VAIDS) as part of its measures to improve tax collection in...


These 5 signs could tell whether you have a great business idea

These 5 signs could tell whether you have a great business idea

It may come to you while you’re working late, driving to the office, or even when you’re struggling to sleep at 2am, but there’s...


Watch your step: These 3 habits are startup-killers

Watch your step: These 3 habits are startup-killers

Having the willpower to start a business from scratch and build it into something valuable is no easy task. This is attested to by...


Explained: What is a HMO?

Explained: What is a HMO?

An HMOis an acronym for a “Health Maintenance Organisation” in Nigeria. They are companies mandated solely to manage the provision of health care services...


Explained: Why banks won’t give your business a Loan

Explained: Why banks won’t give your business a Loan

Most governments around the world have identified small businesses as a major catalyst for economic growth. However, small businesses cannot achieve this without some...


Regulatory and compliance requirements every business owner in Nigeria must know

Regulatory and compliance requirements every business owner in Nigeria must know

Businesses operating in Nigeria are increasingly being regulated as the Government strives to promote good corporate governance and best practices. To ensure your business...


How to start up a Snail Farming business

How to start up a Snail Farming business

Snail farming is one of the numerous goldmine that people are yet to grasp, all thanks to a bit of ignorance. The business is...


10 skills Nigerian graduates should seek to acquire to compete

10 skills Nigerian graduates should seek to acquire to compete

Fresh out of school with a good grade, I thought I knew it all and had all the answers. I lost interest in learning...


4 common reasons why startups fail in Nigeria

4 common reasons why startups fail in Nigeria

Startups in Nigeria have to fight against so many harsh economic factors that one would be right to conclude that the business climate in...


Tax certificate collection and the 5 other online services the FIRS has introduced

Tax certificate collection and the 5 other online services the FIRS has introduced

The Federal Inland Revenue Service (FIRS) has upgraded its web platform and as such has introduced some 6 new electronic solutions Nigerians can make...


Kwara State is offering 5 year tax holiday for Startups and SME’s

Kwara State is offering 5 year tax holiday for Startups and SME’s

In a move designed to wean the state from its dependence on crude oil allocations and increase employment opportunities, the Kwara state government has...


10 Aliko Dangote Quotes every aspiring entrepreneur should read

10 Aliko Dangote Quotes every aspiring entrepreneur should read

Without a doubt, his name is not new to you if you are Nigerian. He’s not only the richest Nigerian, he’s the richest African...


What entrepreneurs stand to gain from the Collateral Registry and Credit Reporting Act

What entrepreneurs stand to gain from the Collateral Registry and Credit Reporting Act

In principle, more funds for...


3 ‘business forces’ that can help you innovative in a struggling economy

3 ‘business forces’ that can help you innovative in a struggling economy

Nigeria’s economic state has been quite tumultuous since the crash of oil prices in 2014. The crash led to record levels of inflation, the...


How to obtain an Income Tax Clearance Certificate for your company

How to obtain an Income Tax Clearance Certificate for your company

In this article I am going to take you through a practical way of obtaining a tax clearance certificate from the Federal Inland Revenue...


How to buy a business in Nigeria – Processes, Checklist, Valuation etc.

How to buy a business in Nigeria – Processes, Checklist, Valuation etc.

Nairametrics| The business of selling businesses has been with us for quite some time now. From buying a barber’s shop to selling a fashion boutique,...


Six common misconceptions about entrepreneurship

Six common misconceptions about entrepreneurship

Nairametrics| The idea of a traditional 9 to 5 is seemingly losing its appeal as more people are yearning for freedom to do what...


Explaining The New Bank Charges, Lending And Deposit Rates Announced By The CBN

Explaining The New Bank Charges, Lending And Deposit Rates Announced By The CBN

Nairametrics| The Central Bank on Nigeria released a new set of guidelines to charges by banks and other financial institutions last week. The new...


5 Business Lessons From the 5 Richest People on Earth

5 Business Lessons From the 5 Richest People on Earth

On the 20th of March 2017, Forbes published its latest Billionaires list, featuring the richest people on the plant. Today, I will be focusing...


FHC Ruling On ₦50 Stamp Duty On Bank Deposits Explained

FHC Ruling On ₦50 Stamp Duty On Bank Deposits Explained

Deloitte| A Federal High Court (FHC) on 13 March 2017, delivered a judgment on the validity of the circular issued by Central Bank of...