SELF STARTERS NIGERIA

If your business isn’t growing then it is failing. If you aren’t moving forward then you are moving backwards. Once you have the right people in place and have developed a good customer base your company should focus on continual growth. There are lots of ways to promote growth in your company and the specifics will be based on your particular business. Whatever your company does, you need to figure out ways to expand it. This goes beyond just figuring out ways to earn more money.     To grow your business, do the following: 1. Create Strong Business Relationships    Creating business relationships that are strong is the foundation of growing your business. Customers, clients, suppliers and business associates are the life blood of your business’s growth. You simply cannot forge ahead down the path to success without these helpers, which means you need to develop long-lasting and meaningful relationships with them. These relationships are ...

Being Honest with your business   The value of being an honest business cannot be overstated. Your company will grow faster and reach further if it is based on honest principles and ethics. It is important to strive for honesty at all times and at all levels of your business.  Honesty will keep your customers coming back. No business relationship can last if it isn’t based on honesty. Being honest with your clients and customers will help them want to continue to give you their business. Honesty builds trust and this can create a business reputation that will help you grow and get you more clients.     You should be honest with everyone that has to do with your business, not just your customers and clients. You need to be honest with your employees, your suppliers, your investors and everyone else. This means not making up lies to cover your own basis, owning up to your own mistakes and acknowledging the business’s state to your employees an...

BOI in Partnership with AGDC presents Youth Ignite Initiative - a platform where innovative ideas are brought to life. Objective The main objective of the project is to create new jobs through entrepreneurship by supporting 1 million entrepreneurs over the next 5 years to create 5 million jobs. Prerequisites for the contest Who we are looking for: Talented, creative and dedicated young people who have an existing business or idea that they believe in and are committed to bringing to life. TERMS & CONDITIONS Applicants must be of Nigerian nationality Applicants must be between the ages of 18 – 35. Failure to verify age will result in the application being declined. Applications must articulate a specific business problem to solve or opportunity to address. Applicants must be clear on the benefits from the loan. Employees of Bank of Industry, FirstBank, AGDC, Digital Jewels Limited, etc. and their      families are not eligible to apply....

Start Your Journey! Are you looking for mentoring to launch or grow your business idea in Africa? African Entrepreneurship Award powered by BMCE Bank of Africa is receiving proposals for ideas, prototypes or existing business. Submit a brief summary of your idea now to start your entrepreneurship journey with African Entrepreneurship Award. Join the train from February 17th, 2017 to April 28th, 2017. Visit https :// app.africanentrepreneurshipaward.com / en / auth / register

In our waste-to-wealth series.   Let's talk about biogas! Biogas is produced by processing residual waste from livestock (dung, manure and uneaten food), food production (fruit and vegetable waste, residues from meat, fish and dairy processing, brewery waste, food waste and much more) and effluents from industrial as well as municipal wastewater treatment plants. By constructing biogas power plants, agriculture assumes an important contribution to supplying energy from renewable resources as well as to the disposal of organic wastes. Digestates are produced as a by-product of biogas manufacturing, which can in turn be used as high-quality digestate. How Does Biogas Work? B iogas is a clean and renewable fuel (similar to LPG) that you can make yourself. You will be able to cook all of your normal meals with it. Biogas is made in a biogas digester. We call it a digester because it is a large tank filled with bacteria that eats (or digests) organic waste and gives a flammab...

AgriProtein (South Africa) Anything can be turned into a profitable business in Africa, including maggots. Yes, maggots! AgriProtein is a young business that is doing something very remarkable that could totally change the animal feed industry. The company is breeding billions of flies on a farm to lay eggs and produce maggots. These maggots are fed on organic waste material (such as human and animal waste, leftover food from restaurants and blood from local abattoirs). After the maggots feed on the waste, they are washed, dried and grounded to produce a product that is high in protein and used for feeding chickens, fish and pigs. AgriProtein’s maggot-based animal feed is more than 15 percent cheaper than other alternatives and has been proven to be highly nutritious for livestock. The company recently attracted more than $10 million in capital to build more fly farms in South Africa. In fact, the German government has offered AgriProtein one million Euros to set up a plant...

Heritage Bank Limited says it has collaborated with the Nigerian Young Professionals Forum to intensify its support for young entrepreneurs with N50m under the Young Entrepreneurs and Students Grant Scheme. In a statement on Monday, the lender said the grant was awarded to about 35 young entrepreneurs from sectors spanning agriculture, creativity and Information and Communications Technology. It said the awards followed a rigorous and transparent review process conducted by an independent body. It noted that tens of thousands entrepreneurs applied for the grant. The Managing Director/Chief Executive Officer, Heritage Bank, Mr. Ifie Sekibo, while speaking at the YESGrant award ceremony in Lagos, stressed that the move would enhance the growth of small businesses in the country. Sekibo, who was represented by the Divisional Head, Retail/SME, Mrs. Ori Ogba, stated that the bank supported the initiative because of its belief in Nigerian youths, making up about 80 per cent of the countr...