It takes more than calculating your costs to set a price. The right pricing strategy requires research and understanding consumers and the market.
@NafdacAgency has slashed the fee of registering products by 50%. This was announced by Mr Venatus Ihekire, NAFDAC’s Assistant Director, Food Safety and Applied Nutrition.
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!
Nigerian serial entrepreneur and former CEO of Konga, Sim Shagaya, has shared some insights into the challenges facing Nigerian entrepreneurs today.
The 2016 movie The Founder is packed with important lessons for entrepreneurs. It draws open the curtains and takes you behind the scenes, revealing the secrets to how Ray Kroc turned McDonald’s into one of the biggest fast food restaurants in the world.
I know how difficult it can be to resolve to start a business. And when you have little or no education/experience on how to run a business, it becomes even more challenging.
Motorbike hailing service, Max.ng, has raised $7 million funding. This round is led by Novastar Ventures, with the participation of Japanese manufacturer, Yamaha.
Dubai-based Emerging Markets Property Group (EMPG), Mubawab has secured the purchase of Jumia's North-African real estate portal, Jumia House.
Before we dive right into how to respond to negative reviews about your business, it is important to note that what you say and how you say it matters a lot.
The Manufacturers Association of Nigeria (MAN) has spoken out against the hardship Nigerian businesses (especially Small and Medium Scale Enterprises) are going through in recent times as a result of epileptic power supply.
Nigeria is among the countries that will benefit from the 3.2 million Swiss francs that was recently donated to the African Development Bank (AfDB) by the State Secretariat for Economic Affairs of the Government of the Swiss Confederation (SECO).
The Central Bank of Nigeria's Bankers Committee is now ready to begin paying out the N500 million loans to creative industry SMEs under the Creative Industry Financing Initiative.
In a bid to make international business payments faster and easier, digital money transfer company, WorldRemit, has launched WorldRemit for Business.
Three African Startups have won $75,000 at the just concluded MEST Africa Summit in Kenya. The event was meant to have one winner, but organisers chose to award the three finalists of the MEST Africa Challenge.
Ghanaian startup, Trukrtech, has emerged the winner of TechCircle’s Pitch2Win competition, 2019. As a result, the company received equity-free funding valued at N1 million.
Fintech firm, Extramile Africa, has offered N4 million worth of soft loans to drive financial inclusion and social empowerment for Micro, Small and Medium Enterprises (MSMEs).
Unforeseen circumstances that occur anytime when it comes to running a business. However, with the right insurance covers, you can scale through such times without tears.
The CEO of Coronation Merchant Bank, Abu Jimoh, has advised Small and Medium-sized Enterprises (SMEs) on the need to embrace equity financing forSMEs.
Lack of credit facility has, for long, been a limiting factor for entrepreneurs in Nigeria. But that can be fixed with the Diamond Business Advantage proposition powered by Access Bank.
Are you ready to quit your day job to run a business of your own? This is a question most entrepreneurs often find themselves struggling to answer. If you are one of them, here are four things you must consider.
Ever so often, we witness the establishment of many low-funded businesses, as people find ways to make money or create side incomes for themselves. In Nigeria, small businesses can arguably be referred to as the bedrock of the economy.
The Founder and former CEO of NairaBet, Akin Alabi, recently shared a new business idea via his Twitter page, whilst urging his followers who are capable of it to harness the idea.
For a long time, economic experts around the world have been reiterating the need for countries to harness the potentials locked in the SMEs sector towards boosting the GDP.
Raising equity funding for your startup is a long, difficult, and often demoralizing process. However, if you are successful, you walk away with money that will help your startup grow and become everything you hope it could become.
We have put together a couple of tips to help founders and entrepreneurs, so that the next time you pitch to a panel of Venture Capital investors, you can “kill it” and walk away with the cheque.
Recently, there was trending news about Zinox Group's Chairman, Leo Stan Ekeh, calling on Nigeria to embrace disruptive entrepreneurs as a means of achieving immeasurable economic growth.
As an entrepreneur, there’s only one goal you should be aiming at – "To turn your business into a wealth-creating asset of value.’’ This perspective is according to renowned Venture Capitalist and Business Growth Accelerator, Pavlo Phitidis.
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