Category: Startups
10 things to know before starting a business in Nigeria
So many people out there dream of starting up their own business to be their own boss. I know it’s cool to want this, but you should also be aware of its drawbacks. If you’re an individual that’s so comfortable with the idea of a steady paycheck, then you probably should not start your own …
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Basic Contracts all startups must have
With Nigeria having the largest population on the entire African continent, with the city of Lagos being named Africa’s startup capital, the country’s productivity is bound to increase in the coming years. Nonetheless, there exist some challenges in setting up a new company, especially in a country like Nigeria. To safeguard themselves, corporations starting up …
9 Secrets to turn your startup into a profitable business
Starting a business is surely not for the fainthearted, why, there are days that all you would want to do is crawl under the carpet and hide. There will be unending demands from customers, long days, and many sleepless nights. Notwithstanding, it will all be worth it in the end if you stick it out. …
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Nigeria Startup Act: Key Details and Everything You Should Know
On October 19, 2022, the President signed into law the long-awaited Nigeria Startup Bill. The legislation, now referred to as the Nigerian Startup Act (the Act), aims to promote the growth of the startup industry and lower market barriers related to compliance and funding. Why the Act was necessary The relevant advancements in innovation, technology, …
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How to get funding for startups in Nigeria
Are you a startup founder looking for capital funding for your company? Perhaps you have approached several banks trying to get a loan, only to face utter rejection. Read on, the next few paragraphs will answer all your questions about startup funding in Nigeria. Inasmuch as there is no free money anywhere, there are several …
Top startups in Nigeria that you should know about (2023)
Nigeria is becoming a lucrative place for startups. In every sector of the economy, these startups are creating innovative solutions to the problems in those sectors. And gradually, the international communities and investors are finding a reason to believe in Nigeria because these startups have given them a reason to. In this article, we look …
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