SELF STARTERS NIGERIA

If you have penchant for beauty, as well as would do anything to make sure that people look and stay beautiful, then you should consider owning a beauty related business. There are  lots of beauty products that are seen on the shelves in stores. These products have various uses and they meet the requirements of folks in different ways. If you want to go into the supply of beauty products, then here are trusted factors that you must be willing to adhere to: Starting a Beauty Supply Store – Sample Business Plan Template 1. Market Survey The importance of a market survey cannot be ruled out . This is because of the immense benefits that one gets when one follows the set down rules of carrying out a market survey. This consequently means that you have got to all that it takes to read up as well as research all that needs to be known about opening a beauty supply store. Some of the information you may garner in your quest include; how much needed to start a type of business...

MTN, in partnership with the MTN Solution Space and Jumia, are proud to announce the launch of the  MTN Entrepreneurship Challenge powered by Jumia . The Pan-African competition will be the first of its kind in Africa, bringing together over 1000 entrepreneurs, students and investors, to collaborate on ways to amplify and consolidate the continent’s entrepreneurs. Targeting more than 60 universities in 13 countries across Africa, the competition will challenge students to develop a unique digital application or smart solution that will solve a tangible problem faced on the continent. Applications for the first round of the multi-phased competition are open from 16th February and will close on 27 March 2016. Aspiring entrepreneurs from participating universities can enter in teams by logging on  CLICK HERE All applications will be judged by campus captains, who consist of successful entrepreneurs in their respective market. Shortlisted teams will then move on to a live...

Waste recycling is one business that very few are getting right from the onset. This business is money maker but if you don’t start and continue doing it rightly, you are bound to run into rocks thereby turning your money into a waste instead of turning waste into money. Have you ever felt like going into waste recycling business but was discouraged by the attitudes of those doing the business wrongly? If so, you are not alone but at the same time, no amount of excuses or reasons, no matter how genuine, should come between you and your determinations to succeed in any ethical endeavors in life. Waste recycling business is money but any business that a person embarks on without having some adequate information about it is bound to fold up within shortest time possible. With the increased awareness in environmental protection, you as a business owner can take the opportunity and start your own waste recycling plant and make money from it. It’s a business of good thinkers and...

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable bank brand has launched another first – a pivotal filmmaking reality TV show called FirstStars, in partnership with EbonyLife TV, Africa’s first Global Black entertainment and lifestyle network. Set against the canvass of ‘passion’ and ‘people’, two of the core corporate values of FirstBank, FirstStars showcases the business behind the stars and the opportunities in the film industry, bringing attention to the knowledge, skills, talent and passion of the Nigerian creative mind.  This is in line with FirstBank’s support of the creative arts industry as a major contributor to economic growth. EbonyLife TV, whose sister company, EbonyLife Films, produced FIFTY, one of the most successful and longest running cinema feature films in Nigeria, will be producing the FirstStars reality TV show. The channel is recognized globally as Africa’s media and entertainment powerhouse for its pr...

Small Scale Business ideas and Investment Opportunities in Nigeria 1. Livestock Farming Do you know that one of the fastest growing business opportunities in Nigeria is catfish farming? The primary reason I listed catfish farming as one of the fastest business opportunities in Nigeria is because it’s an emerging industry that hasn’t reached its peak or full potential. The major players in this business are usually regional players. What this means in essence is that each major player in the catfish farming industry is focused only on a particular business terrain within the geographical location of the farm. Now for those who don’t know, there is a bill being proposed now by the federal government of Nigeria to ban the importation of frozen fish. One this bill is passed into law by the national assembly, the local fish farmers will smile and you will be left behind. So why not position yourself now? With respect to poultry farming, the ban imposed by the federal go...

Creating wealth through starch production Quality starch processing business has become a money spinner with its usage by both food and non-food industries. Enterprises related to the transformation of food and agricultural commodities can provide employment and create business opportunities. Experts said the industry is poised for huge growth and could emerge as a high-profit sector on the back of the scope it offers for value addition, particularly with the processing industry getting recognised as a high-priority area. One of the areas is the starch production,which some business owners see as a massive business opportunity. Already, few Nigerians know the business has such potential. The Chief  Executive/President, CassavaConsult Limited, Dele Ogunlade, is one of the early birds to discover this. He said a lot of  entrepreneurs  are not exploring the full potential of  starch business  and  its  derivatives. This is because few  local...

Creating wealth in this broke economy is not easy but it's very much possible. First of all, try identify problems and see opportunities in them. Creating wealth in an economy that's broke isn't for jokers but for those serious about microfinance and developing communities. Our economy has become complex mechanisms for moving money around (you can ask Dasuki for more explanations ), and sometimes we confuse moving money with making money.  We hope to become wealthy without thinking about generating wealth. Why??? As long as there is a little folding money in our pockets, we don’t think much about generating wealth, yet it’s worth thinking about. Creating wealth is much different from getting rich.  I can inherit millions of Naira, and I’d be rich, but I didn’t create any wealth.  I can convince my government that I’m a good candidate for a political post, and I can get wealthy regardless of what I do in office . I can steal from my n...

The Minister of State for Industry, Trade and Investment, Hajia Aisha Abubakar, on Friday in Abuja said that the ministry would soon launch a nationwide to encourage Nigerians to patronise made-in Nigieria products. Abubakar stated this at the signing of a footwear production agreement between Global Smartfit Nigeria Ltd and Labora Shoes Ltd of South Africa in her office. The campaign is tagged, ” Patronise Naija Products’’. Represented by the Permanent Secretary in the ministry, Mr Aminu Bisala, the minister lauded the partnership deal aimed at boosting local manufacturing of leathers and other footwear products. “This venture is very commendable and there is no reason why it cannot be supported. ”Already, the ministry is furthering the campaign for made-in-Nigeria products, for us in Nigeria to consume what we produce and produce what we consume, and even go beyond that to export. “We have the people, we have the brain, we have the resources, ...

There is an opportunity for you to actualise your idea and get necessary fund. Sterling Bank (The One-Customer bank) has invited interested persons with big ideas  to submit entries at http://bitly.com/meettheexecutives  and stand a chance to win up to N6 million under the “Meet the Executive” campaign. For further enquiries, contact sterling Bank- E-mail: customercare@sterlingbankng.com The “Meet the Executive” campaign is a Social Media Initiative geared towards encouraging and supporting small businesses and budding entrepreneurs. ” Our goal is to bring to the fore the creative, innovative and brilliant ideas housed by Nigerians with a focus on developing their ideas, giving them life and structure. With up to N6m worth of grants available, participants jostle to be short-listed among the final number that will defend their business plans/ideas before a select panel of top Bank executives, judges and venture capitalists,” the bank stated. DEADLINE FOR ENTRIES: FE...

Rice company, Pearl Universal Impex Limited, is creating over 7,000 jobs through its rice farming project in Niger State. Following a successful pilot phase of its rice project in June this year, the firm says it was ready to determine the variety of rice most suitable to Saminaka, a community situated around Swashi Dam in Borgu Local Government Area of the state where it currently has 500 hectares of land. Chairman of Pearl Universal, Pulkit Jain, said that the project would create 3,000 direct and 4,000 indirect jobs through its out-grower scheme. Jain also revealed that $100m (N20bn) would be committed to the cultivation of 7,500 hectares of rice farm and construction of two rice mills in the state in the next three years.

Enterprise Challenge 2016 Are you creative? Do you stand out from the crowd? Do you value a challenge? Are you brimming with innovative ideas or solutions which can make a difference in Nigeria? Do you have a passion for change? Then you just might be the one we are looking for. As a follow up to the successful launch of the Enterprise Challenge in 2014, the British Council in partnership with Virgin Atlantic, Zenith Bank and our new partner Samsung, proudly present the 2016 edition. The Enterprise Challenge is an online competition which is designed to promote the development of entrepreneurial skills in Nigerian youth aged 18 to 35. The first cycle gave rise to 2 winners who won grants of 1.5 million naira each, had the opportunity to attend capacity building sessions at the prestigious Branson Centre for Entrepreneurship in South Africa and were mentored by globally recognized mogul and president of the Virgin Group, Sir Richard Branson. This year, the programme partners have d...

This blog is interested in developing the entrepreneurial spirit in every Nigerian with the aim of providing relevant information on opportunities in every sector contributing to our economy and human development. Your contribution is highly welcomed. Thanks for your time. You can always visit the blog to follow developments as they unfold.