Errand Services— one business that requires no start-up capital

It certainly was going to be a very busy day for this newlywed. The husband had just run off to work for his weekend shift, the wife — housebound, stayed up sorting gifts from the wedding party. Then it hit her… The house had only one ladle spoon… Heavily pregnant and not agile enough to […]

5 hacks to scale your online business fast!

The year 2021 was tough, business-wise, across the entire country. The ruthless devaluation, ban and restriction of local debit cards for foreign trade has only exacerbated an underlying ill — the staunch difficulty of doing business in Nigeria. As is typical of mankind to seek solutions out of problems in order to self-actualise and progress, […]

Your guide to popular Industrial Clusters in Lagos

Maybe you have noticed, maybe you have not, but people don’t just set up businesses anywhere in Lagos — at least not the ones who know what they are doing. People say that the most important thing in business is customers; you know what the next is?… location of course! If I was asking someone […]

The Tutor — A business with no need for startup capital

The year was 2010. I was in my final year in the university and in desperate need of a ‘hustle’ to keep my palms wet and give me some financial muscle. I mean, I was just dumped by my ex — a classmate, for being too broke and ‘incapable’. Two years earlier, I got a […]

A 10-year walkthrough on ecommerce in Nigeria

It was certain that businesses had to evolve — however small a measure — to accommodate the nuances of the times. Instant responses to instant messages sent in by prospective customers through mobile message applications like BlackBerry Messenger, WhatsApp & Viber. Emails, also breezing past, made all too easy through push applications on smartphones, required […]

3 lessons from the Efritin Bust

Sequel to our story of a young couple who transacted successfully on the now defunct classifieds website Efritin, we share with you a few insights on why the promising marketplace never really took off. 1. The 180 million-people-paradox From the books, Nigeria, home to such an enormous population seems a natural hotbed for trade and investment […]

Efritin.com: A real story

For the Badejos, 2015 had been a very notable year. As newlyweds who had just moved into a decent flat in central Lagos, life was beginning to take form. They were expecting a baby by December of that year and provisions for this were swiftly underway. The only chink however was that their daily commute […]