Author: Gift Ifeanyi

Nigeria continues to be a major player in the global cryptocurrency space, boasting one of the highest adoption rates worldwide. However, the government’s stance on digital assets remains complex, balancing regulatory control with an openness to crypto businesses. Despite the ongoing legal battle with Binance and the detention of one of its executives, Tigran Gambaryan, Nigerian officials reaffirm that cryptocurrency operations are still welcome within the country—provided they adhere to regulations. According to Nigeria’s Minister of Information, Mohammed Idris, various crypto businesses legally operate without facing litigation. “This is part of our efforts to strengthen laws, not to stifle innovation.…

In the heart of Ikoyi, Lagos, an impactful discussion unfolded—not about stock markets or corporate profits, but about the financial realities Nigerian women face. The annual Piggyvest Finance Roundtable, held in February 2025, became a platform for candid conversations about the persistent gender wealth gap and the challenges women encounter in achieving financial independence. Statistics from the Piggyvest 2024 Savings Report painted a revealing picture. The report, based on a survey of over 10,000 Nigerians, highlighted that men are far more likely to earn over one million naira monthly. While women demonstrate strong entrepreneurial spirit, often leading in business ownership,…

Ndidi Okonkwo Nwuneli is a distinguished leader in global advocacy, serving as the President and CEO of the ONE Campaign, a renowned organization dedicated to equity, justice, and economic empowerment in Africa. With teams in nine countries, including the United States, where she is currently based, Ndidi brings over 27 years of experience in international development, entrepreneurship, and thought leadership. A Legacy of Leadership and Influence Beyond her role at ONE, Ndidi has made significant contributions as a board member of prestigious organizations such as the Rockefeller Foundation, Chanel Foundation, and Stanbic IBTC Group. She has also lent her expertise…

“I launched a new hair product and tested it on myself, and I couldn’t believe the transformation. After years of battling traction alopecia and trying various organic remedies, I finally found something that worked. Seeing my own hair thrive felt like a dream come true. Now, our journey extends beyond skincare into health products, always staying true to our mission—empowering local traders and harnessing nature’s best ingredients to create solutions that genuinely improve lives.” — Temitope Abiona (2025) From Passion to Enterprise: The Birth of Eriglow Organics The journey of entrepreneurship is rarely straightforward, but for Nigerian-American entrepreneur Temitope Abiona,…

The Bank of Industry (BOI) has unveiled a groundbreaking initiative, Project Guaranteed Loans for Women (GLOW), a special ₦10 billion intervention fund aimed at supporting female entrepreneurs across Nigeria. Announcing the initiative on Thursday in Lagos, BOI’s Managing Director, Dr. Olasupo Olusi, emphasized that the funding is designed to bridge the financial inclusion gap for women, empowering them to scale their businesses and drive economic transformation. Bridging the Financial Gap for Women Entrepreneurs Dr. Olusi highlighted Nigeria’s leading position in global female entrepreneurial activity, noting that an estimated 23 million women entrepreneurs account for 41% of the country’s micro-businesses. Despite…

President and CEO of Dangote Industries Limited, Aliko Dangote, has urged young entrepreneurs and scholars to rise above limitations and pursue ambitious goals that will transform the world. During a visit by a delegation from the Harvard Kennedy School to the Dangote Petroleum Refinery & Petrochemicals complex and Dangote Fertiliser Limited in Ibeju Lekki, Lagos, Dangote shared insights into his entrepreneurial journey and the principles that have driven his success. The visiting scholars described Africa’s richest man as a visionary and fearless investor, lauding his ability to provide innovative solutions to pressing economic challenges. The Power of Ambition and Resilience…

Adetunji ‘TeeJay’ Opayele, Co-founder and Chief Technology Officer (CTO) of Nigerian retail automation startup Bumpa, has passed away following a tragic car accident in Lagos, Nigeria, on March 5, 2025. Opayele, a law graduate from Obafemi Awolowo University (OAU), played a pivotal role in co-founding Bumpa in 2020 alongside his longtime friend and business partner, Kelvin Umechukwu. The duo, who met during their university years, collaborated on several ventures before launching Bumpa, a startup that has since revolutionized retail automation for small businesses. A Devastating Loss to the Startup Ecosystem Expressing his grief, Umechukwu shared an emotional tribute: “This is…

In a strategic effort to enhance export opportunities for locally made products, the Cross River Microfinance and Enterprise Development Agency (MEDA) has deepened its collaboration with the Nigerian Export-Import Bank (NEXIM). The high-level meeting, held in Calabar, underscores a shared commitment to empowering Micro, Small, and Medium Enterprises (MSMEs) and strengthening the state’s economy. The meeting followed NEXIM’s active participation in the recent International Women’s Day celebration, marking a progressive partnership between the two institutions. Strengthening MSME Growth and Export Potential Speaking at the event, MEDA Director-General Great Ogban outlined the agency’s ambitious initiatives to bolster MSME development and expand…

Businesses across various sectors in Nigeria have identified high interest rates and insecurity as the most significant hurdles threatening their operations as they look ahead to 2025. This was highlighted in the February Business Expectations Survey conducted by the Central Bank of Nigeria (CBN), which sheds light on the key constraints facing enterprises across the country. Major Challenges Stifling Business Growth The survey, released on Wednesday, underscores the financial and security concerns plaguing Nigerian businesses. According to the findings: 75% of respondents flagged high interest rates as a critical obstacle. 73.9% cited insecurity as a major challenge. 73.8% pointed to…

Engraced Entertainment is making waves in youth empowerment, financial support, and creative development through its Laff and Learn Live in Campus Tour. The recent edition, held at the University of Port Harcourt (UNIPORT), Rivers State, showcased the immense potential of the entertainment industry in driving employment and economic growth. A Platform for Growth and Opportunity Speaking on behalf of the organizers, Emmanuel Itoto highlighted the transformative impact of the tour on students across Nigeria. Beyond entertainment, the initiative has served as a powerful tool for job creation and business support, benefiting young creatives and entrepreneurs. “This marks our second time…