Business loans are among the most common forms of financing available to founders looking to start a business or support business needs.This post will take you through the steps of acquiring a loan. We’ll also examine the many factors that go into deciding whether applying for a business ...
Starting and running a nonprofit is a meaningful way to build a business while making positive change in society. But beyond your vision for creating impact, you’ll need to handle some complex logistics at first. Getting your nonprofit corporation off t
Ayodele Olojede, divisional head, retail and SME at Wema Bank in Nigeria, said that in Africa, “women don’t have the opportunity to network or engage in business the same way that male-owned businesses are able to do.” Minority small business owners need ‘fair and accessible’ lending...
These markets offer startups incentives such as tax exemptions that enable them to get to profitability quickly and thus pay back investors their money promptly. In a similar way, providing subsidies for the formalisation of startups, tax breaks and credit guarantee sch...
The full potential of fintech in Nigeria remains untapped. But a youthful population, a focused regulatory drive to increase financial inclusion, and accelerating digital adoption due to COVID-19, are creating the conditions for a thriving sector. If stakeholders take quick and decisive action, the...
World Bank Grants In Nigeria For Small Business What Is A Small Business Grant? A small business grant is the degree of funding made available to an entrepreneur to start a new business or to expand an existing one. Unlike the case of what obtains with loans, not all grants are will be...
of the year. Some years are better than others of course and no matter how good the year is, how much money you can make will largely depend upon how much money you have to invest. Later in this article, I'll talk about how to stretch your money further and get access to lending....
Beyond the sheer volumes that NIP processes, it has also been critical to the growth of financial innovation in Nigeria. More and more, the Nigerian economy is moving at ‘NIP-time’ - payments are so fast, they can sometimes be faster than the time it takes to read this sentence. ...
That’s it, and you already know it better if you’re in the business. Oh, and smaller banks and credit unions do play the catch-up game to retain their customers. All are good reasons to start a banking app. Benefits of Mobile Banking Application Development ...
Pakistan can also rely on other sources of funding. Saudi lending to Pakistan goes backto the 1970swhile China entered Pakistan’s debt marketin the 2000s.Over the next few years, Pakistan will need to issue major repayments to Saudi Arabia, China, and private investors, which has led to ...