Category Archives: Business

Business tips, how to start a business, Business Strategies, Business startups, small business advice, business advice, business news

FG Extends Deadline For YOUWIN Submissions Again

The Youth Enterprise With Innovation in Nigeria program business idea submissions which was supposed to close earlier this November is now to end on November 25, 2011 following the latest shift in deadline by the organizers. YOUWIN is a collaboration of the Ministry of Finance, the Ministry of Communication Technology (CT), and the Ministry of… Read More »

Social Media Marketing Lessons From Dbanj and MoHits: How Dbanj’s “Oliver Twist” Single Got Viral

Every week we try to bring to you revelations of how the web is changing the way we do business in Nigeria and the rest of Africa. Recent indications show that more and more Nigerians join various social networking and media sites on a daily basis faster than their counterparts in other African countries. Just… Read More »

GTBank Introduces GTMT and Instant Payment Service

In a press release Guaranty Trust Bank, Nigeria’s Leading Bank in technology and internet banking has released two new payment services/features. The bank stated thus in an official statement: As part of our efforts to provide value-adding services, we wish to inform you that you can now send and receive funds to and from any… Read More »

How to Start and Run a Profitable Dry Cleaning and Laundry Business

As year 2012 approaches many Nigerians will definitely review their business activities for 2011. For those who are not satisfied with the return on investment of their current business they will want to veer off into more lucrative businesses. One of the rules to starting a successful business is identifying challenges and everyday problems encountered… Read More »

Why Managing Information And Data Security Is Vital To Your Business

This is a guest post from Laura Jennings. To get your posts on NairaBrians email us: info[a]nairabrains.com Recently, there have been a number of information hacks that have been targeted to companies even as large as Microsoft, making it more and more important for companies worldwide to ensure that their policies for information and data… Read More »

How To Manage Your Time Between Your Business and Your Job

This is a unique topic because not everybody who has a job understands the need for his/her own business as well. Is my job not my business? You ask. Your job is definitely not your business or you wouldn’t be paid what the owner wanted. If you are working for someone else then that’s your… Read More »

Got an Idea to Sell? How to Approach Companies and Sell Your Ideas to Them

If you’ve got a wonderful idea, you think will seriously improve operations in a particular niche and you wish to sell your idea to a big company and make your bucks here’s some little advice for you. Is the Idea Going to Improve Their Bottom Line or Business Processes? Before you get all excited about… Read More »

How Your Environment is Killing Your Business

One of the first principle of business every enterpreneur is taught about setting up a business is finding a good location. But aside other factors/principles, good location is not enough to make your business succeed. You also need the right environment (Environment here I mean your external environment, your community or your surrounding). You can… Read More »

Three Internet Business Niches/Models You Should Not Get Into Now in Nigeria

Web based business is becoming very strong in Nigeria thanks to slightly improving internet access and exposure. As the dotcom opportunities expand many internet startups launch into the Nigerian space each hoping to capture a reasonable share of business and grow immensely profitable. Just as there are genuine opportunities online for entrepreneurs to start a… Read More »

Four Major Obstacles to Watch Out for While Starting a Business in Nigeria

Nigeria is certainly a strange country. With a population of about 167 million (based on last week’s revelation by the outgoing Chairman of National Population Commission) it is a country courted and wooed by many foreign firms especially South African and Indian. The vast human capital cannot be ignored and Nigeria is arguably the largest… Read More »

3 Tips to Help You Choose a Powerful Company or Business Name

For those who consider the name of their business or company unimportant they should have a rethink. If you are starting a business one of the most important things to consider is publicity. You definitely will want prospective customers to know about your business. You will prefer that customers remember your business above and before… Read More »

The New Way of Business: Why All Serious Companies Need a Mobile Strategy

This is a Guest post from Monica Paul of Marcomtec Group, a new media marketing services company that focuses on firms in the IT sector. New media and communication innovations have changed the way people interact and work in today’s world. Take the example of the woman who is responsible for managing a department in… Read More »

Is Your Business ISO Certified? 3 Benefits of ISO Certification for Your Business

This is a guest post from Laura Jennings of Fountain Partnership Ltd. To guest post on NairaBrains send mail to: info[a]nairabrains.com. ISO 9001 is an internationally recognised standard for business quality management. It is a certification that is awarded once your company’s internal processes meet a certain standard. They include but are not limited to… Read More »

YouWin Initiative: N50 Billion Business Funding Opportunity for Nigerian Youths

YouWIN short for Youth Enterprise With Innovation in Nigeria is a N50 billion Federal Government job creation initiative headed by Dr (Mrs) Ngozi Okonjo Iweala, Nigeria’s Minister of Finance. It is a collaboration between the Ministry of Finance, the Ministry of Communication Technology (CT), and the Ministry of Youth Development. YouWIN is an annual business… Read More »

Three (3) Dangers of Starting a Cyber Cafe Business (Why You Should Consider Other Business Options)

Some few years ago cyber cafes were springing up everywhere across the country. Despite the high cost of getting internet service from the ISPs cyber cafes still made some nice profits as many persons took to the new fad of daytime and even night browsing. The yahoo boys contributed to keeping cyber cafes busy as… Read More »

How to Get Your Business Name Registered in Nigeria with Less Stress

Some months ago I was surprised when a relatively educated small business owner asked me how he could go about registering his business name. He expressed the fear that several persons he had asked for help looked like they were out to fleece him of his hard earned money. They mentioned tens of thousands of… Read More »

Strategies to Effectively Manage Facilities for Your Business

If you manage a traditional brick and mortar business you will be aware that there are plenty of duties to carry out, from HR to changing that light bulb down in accounts.  They can range from large scale, annual tasks, to small, activities that need to be carried out on a regular basis. You will… Read More »