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Tips, information and tools for Nigerian Startups, Micro, Small & Medium Scale Businesses

Should Gokada and Max.ng be afraid of ORide?, OPay reacts to office shutdown, N25 million license fee, OPay management denies payment issue as ORide riders protest against road transport workers union 

Should Gokada and Max.ng be afraid of ORide?

ORide is fast penetrating the market by leveraging on the N100 bonus offer to any destination of any distance within Lagos. This move has attracted the competitors’ customers, at least if not for anything, till the promo offer ends. 

18 Things You Should Avoid Saying During Salary Negotiations

This is according to professionals

How Nigerian Startups & Small Businesses Can Survive The Looming Recession

A recession is defined by economists as two consecutive quarters of negative GDP growth rate in an economy. It is a confirmation that economic...

“I Need A Car Loan” (How To Get A Car Loan In Nigeria)

Mike: Hi Ugo I need a car loan how do i get one? Ugo: Getting a car loan in Nigeria is not that difficult...

PODCAST: This Is The Amazing Interview We Had With The Co-Founder Of Jobberman

Nairametrics Partner Tunji Andrews had the Co-founder of Jobberman Olalekan Olude on our Monday show on Classic FM, MTN Biz Half Hour. In what was an...

Why Employees Hate One Man Businesses

It's not a lot they like about it
Tax Waivers for startups - Emotional intelligence

Building a side business as a 9-5 worker? Here are the things you should...

In a world where everyone is looking for extra income through numerous side hustles, it is a great idea to know how best to balance one's regular day job so that it does not conflict with the hustle.
Federal Government to introduce new laws for online businesses, What business owners need to know about balance sheets, Why investors should understand the basics of financial statements

What business owners need to know about balance sheets

The balance sheet is one of the primary financial statements that can be used to manage your business on both a long-term and daily basis.

10 Typical Pre Qualification Documents Required for Tenders, RFP and LPO’s in Nigeria

Most Request For Proposals (RFP) and Tenders by Government and Private Enterprises typically ask for a set of documents from interested applicants. Whilst some...
Loan and Equity funding

Between loan and equity funding, which is best for startups?

Loan and equity are both viable means of funding businesses. Entrepreneurs choose either or the bother of them, depending on what works best for them.

Why Companies Issue Commercial Papers

When you invest in a commercial paper, you purchase at a discount to receive the full value at maturity.

Founder of Paga Has This Advice For Those Looking To Start A Business Without...

Globally, the average age successful entrepreneurs started their business is 36.
female entrepreneurs, Palladium, Here are skills you need to be a successful entrepreneur

Here are skills you need to be a successful entrepreneur

“Skills make you rich, not theories.” It takes more than vision, planning and branding to become a successful entrepreneur.

4 Things To Consider If You Want To Start A Business Of Importing From...

With the recent inclusion of the Chinese currency Renminbi (RMB), also known as Yuan, in the foreign exchange reserves of Nigeria, trades between Nigeria...
Kayan Mata

Nigeria’s sex enhancing market is raking in millions in sales

Nairametrics took a special interest in the Kayan Mata business, which is about products commonly used to boost sexual performance among women. You will not believe how this business is low-key making many millionaires!
How So Fresh founder dumped oil money to sell fruits and salads 

Border closure affecting revenue and Nigeria is not food sufficient  –  So Fresh co-founder, Olagoke Balogun 

The border closure by President Muhammadu Buhari is gradually affecting small and medium businesses in Nigeria.
EXPLAINED: The reasons why many Nigerian startups fail

EXPLAINED: The reasons why many Nigerian startups fail

Popular Nigerian realtor and human rights activist, Mr Segun Awosanya, has explained why many Nigerian startups fail. 
Cars45 CEO, Etop Ikpe, Import duties, Nigerian customs, Border closure, Nairametrics news, Business news

Cars45 CEO explains how to increase demand for Made in Nigeria cars

Etop Ikpe is the Chief Executive Officer of Cars45, one of Africa’s largest digital automotive trading platform.

What The Term “Blue Chip Company” Means

Here are the Features of a Blue Chip Company Blue chip companies are widely known for good financial performance, product acceptance, high quality management and...
Avoid paying taxes

Nigeria’s Excess Dividend Tax Explained

It is typical for companies in a particular year, to pay dividends out of retained earnings and/or current year profits. But it could come at a cost.
Kongo company result, Konga acquisitions, Konga CEOs, Zinox Group acquires Konga, Early Metrics rates Konga, Zinox acquires Konga, Konga joins Intel's Retail Accelerator Programme

Is Konga following Redeemed Church strategy in e-commerce market?

I see a growing similarity between The Redeemed Christian Church of God (RCCG), one of Nigerian’s biggest Pentecostal churches, and Konga, Nigeria’s foremost composite e-commerce giant in their mode of operations.
Kwikmoney changes name again, raises $20 million in series B funding 

Kwikmoney changes name again, raises $20 million in series B funding 

Kwikmoney has changed its name for the second time as it makes inroads into the international markets.
BoI’s MD complains that SMEs don’t repay loans, Nigerians react 

BoI’s MD complains that SMEs don’t repay loans, Nigerians react 

The MD of Nigeria’s BoI, Kayode Pitan, was recently quoted as saying that it is very challenging to get repayment on loans issued to SMEs.

A-Z Of Registering A Business In Nigeria

Doing business is a phrase commonly used to depict a relevant economic activity in any society and also includes all the intricacies and challenges...

A Lesson On How These Young Nigerian Entrepreneurs Are Beating The Recession

These young entrepreneurs are making headlines - in spite of Nigeria's recession.

How much is a Nigerian Bank authorized to charge me as fees & interest...

At some point in time there may be a need for you to request for a loan or an overdraft from a bank. You...

How To Discourage Your Employees From Joining Labour Unions

As organizations become bigger and more relevant they become more attractive to labour unions who approach employees of organizations to join them. In Nigeria,...
Nigerian hair maker, X-Pression sacks workers, blames economy woes under Pres. Buhari

The dwindling fortunes of hair brand, X-Pression; how Nigeria is singlehandedly killing it 

For more than 15 years, X-Pression enjoyed huge demand in Europe and America. X-Pression's growth was driven by its market positioning.
JOB INTERVIEW TIPS

How To Make A Good First Impression At Your Next Job Interview

A golden peck for prospecting #job seekers out there. Find out what you should do on the day of #interview. Go and kill it. #career #advice #education #tbt
Steps to investing, Steps to developing a growth plan for your business, Breaking down the biggest misconceptions young people have about investing , Here’s how your business can grow revenue in tough conditions (PART 1)

Steps to developing a growth plan for your business

The best leaders have figured out how to overcome the complexity it takes to generate market growth. They have a growth plan.