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Author: Tito Philips
Hi! My name is Tito Philips, an unusual Nigerian that is MAD – Making A Difference. I'm the Chief Community Leader here and this is where we raise the bar of entrepreneurship. We are a TRIBE of Unusual Entrepreneurs, we are not your every day entrepreneurs who go into business to put food on the table and pay bills. For us, business is more than making ends meet [survival]. It is our means of doing what we love [passion], changing the world [purpose] and being financially rewarded for it [profit]™. Want to become ONE of us?
International Women’s Day 2026 arrives at a pivotal moment for Nigeria. As our nation navigates economic recalibration, currency fluctuations, and the urgent need for homegrown solutions, one truth has never been clearer: the future of Nigerian enterprise is female. This year, naijapreneur.com set out to identify 26 Nigerian women entrepreneurs who are not merely surviving the current economic climate but thriving within it—building institution-grade companies, creating dignified employment, and solving fundamental problems with ingenuity and resilience. These are Nigerian women entrepreneurs who have moved beyond the “hustle culture” narrative to establish businesses with fiscal visibility, strong governance, and genuine scalability. IWD…
This is a naijapreneur.com Industry Spotlight Feature. We’ve put together a rigorously researched assessment of top 10 private security companies in Nigeria for year 2026. Enjoy! PUBLISHER’S NOTE: WHY THIS LIST MATTERS NOW The private security industry in Nigeria stands at a critical inflection point. As of March 2026, the sector employs over 250,000 personnel across more than 2,000 NSCDC-licensed companies, yet it operates in an environment of escalating complexity—from the withdrawal of police from VIP protection duties to the rise of sophisticated criminal networks targeting critical infrastructure. This list is not merely a ranking. It is a response to…
Nigeria no longer has a fixed official exchange rate. For any business that imports anything — even software subscriptions — the dollar is now a core planning variable, not a back-office detail. Since 2023, the Central Bank of Nigeria has run what it calls a “willing buyer, willing seller” foreign exchange market. In plain terms, the naira’s value is set by supply and demand rather than fixed by decree, and the CBN says the market is now deep enough that it no longer routinely steps in to prop up the rate. As of May 2026, external reserves stood at around…
Registering your business is now cheaper and faster than most people think, and there may even be a free route. But a new disclosure requirement means registration alone is no longer the finish line. Running an unregistered business in Nigeria is technically illegal, but the stronger argument for registering is practical: without a Corporate Affairs Commission (CAC) registration you cannot open a corporate bank account, bid for contracts, access most grants, or hire formally. In 2026 the case for getting registered is better than ever, because it is cheaper, faster, and in some cases free — but a new rule…
The minimum wage is ₦70,000 — but the number on the payslip is only part of what an employee actually costs you. If you employ people, or are about to, here is the full picture. Nigeria’s national minimum wage is ₦70,000 a month. That figure is settled in law, but two things about it confuse small business owners. The first is who it actually applies to. The second is that the wage itself is not the full cost of employing someone — and the gap between the two is where unprepared businesses get hurt. Does the ₦70,000 floor even apply…
On the 20th of December 2025, I had the privilege of attending the Capital Clarity Masterclass, a powerful learning experience curated by my mentor, Dr. Solomon King. It wasn’t another motivational talk or surface-level fundraising seminar. It was a deep, unfiltered dive into the mindset, mechanics, myths, and realities of raising capital and building a truly fundable business. The session was rich with brutal honesty, strategic frameworks, and foundational wisdom drawn from years of real-world experience. Alongside Dr. Solomon King were two outstanding voices in the capital ecosystem—Audrey Odogu and David Lanre Messan (DLM)—each bringing clarity from different but complementary…
On 1 January 2026, the biggest tax overhaul in a generation took effect. For most small businesses it is very good news. But there is a turnover line and an exclusion clause that catch people out — here is exactly where you stand. For years, the complaint of every Nigerian small business owner was the same: too many taxes, too many agencies, too little clarity. In June 2025, President Tinubu signed four laws meant to fix that, and on 1 January 2026 they came into force — the Nigeria Tax Act, the Nigeria Tax Administration Act, the Nigeria Revenue Service…
Adeyemi Ademola’s The BIG BUILD Company is leveraging space as an accelerant of progress for Nigerians and investors. 1. What does ‘building beyond function’ mean to you on a personal level? For me, building beyond function is a deeply personal philosophy. It means designing with soul. It’s about creating spaces that don’t just serve a structural or aesthetic purpose but actually elevate the human experience. A house should do more than provide shelter; it should inspire. An office should be more than desks and walls; it should energise and connect people. Personally, I see space as a silent partner in…
The Lagos Agrinnovation Summit 1.0 is a premier platform designed to foster meaningful conversations, collaboration, and groundbreaking innovations within the agricultural sector. Focused on shaping sustainable agriculture and food systems, this summit will bring together industry professionals, thought leaders, and policymakers to explore emerging trends, share best practices, and drive forward-thinking solutions across the Agriculture and Food Systems Value Chain. Here’s what you stand to gain: Engage in keynotes, plenary sessions, exhibitions, and workshops designed to elevate your understanding of agritech. Learn from industry leaders and ask burning questions that can transform your approach to sustainable agriculture. Network with a…
This is the maiden unveiling of our #40Under40NaijaCEOs: 40 Under 40 Nigerian CEOs in 2024. Nigeria, Africa’s most populous nation, is home to a burgeoning generation of young entrepreneurs and business leaders. And the business world is constantly evolving, with new technologies and trends emerging at an unprecedented pace. In this rapidly changing landscape, it is these young and innovative minds who are leading the charge into the future. In recognition of their exceptional achievements and potentials, we present the “40 Under 40 Naija CEOs” list, featuring some of the most promising Nigerian entrepreneurs under the age of 40. These…
Source: Pixabay Most startups don’t start up with a good business slogan. Some others make effort but fall short of creating truly remarkable slogans or taglines for their fledgling businesses. If only these knew the enormous powers of a good business slogan! Thankfully, some entrepreneurs know the value of a good business slogan and spare nothing in order to create a befitting business or company slogan. These know that a good business name with a matching slogan, motto or tagline are an asset, a formidable branding strategy which can help keep their brands top of mind for consumers.…
The organizer of The Strategic Business Masterclass, a practical business development training program aimed at translating local business into global brands hereby announces the date for the next edition. The first edition was held in February 2017. The focus was on STRUCTURE AND SUSTAINABILITY. The facilitators addressed the following areas: Market research, Branding, Customer experience, Funding, ICT, Business model, Accounting, Law, Sales, Talent management and Business structure. The second edition will feature insightful speakers such as; Williams Bankole (Founder, LiveYourDreamsAfrica), Victor Bassey (Founder, Highly paid Expert Network), Theophilus cornerstone (Director of Training, Strategy, and Communications, IMLPD), Shola Ajani (Founder, human…
Entrepreneurship is like many other things – you tend to get better at it over time. It’s true of the saying, practice does make perfect. By identifying and emulating the qualities of other successful entrepreneurs who have more experience than you, you improve yourself. Since these qualities are not peculiar to them alone, their transferability makes becoming a better entrepreneur much easier for you. I recently came in contact with 10 of such winning qualities of successful entrepreneurs compiled by Williams D. Bygrave, Professor Emeritus at Babson College and founder of Global Entrepreneurship Monitor (GEM). In his book, The Portable…
What’s your entrepreneurial vision? All great companies were first conceived as an idea in the mind of the founder. This founding idea must metamorphose into an entrepreneurial vision and brought to life if the startup is to succeed. As an entrepreneur, having an entrepreneurial vision is a starting point; you are never too busy to look into the future. If you do not deliberately create the time to look into the future by creating an entrepreneurial vision for your startup, there’s no way you will survive long. Why? Because entrepreneurial vision defines your business and the foundation on which your…
The unending news of one tech startup or the other getting massive VC funding in the media is fast becoming the norm rather than the exception. Not only is this very distracting to budding entrepreneurs, it’s gradually killing the age long startup strategy of bootstrapping to success. Bootstrapping is a process whereby an entrepreneur starts a self-sustaining business, markets it, and grows the business by using limited resources or money – this is accomplished without the use of venture capital firms or even significant angel investment. Many of the successful companies that we see today – Dell Computers, FaceBook, Apple,…
In today’s edition of the Unusual Entrepreneur Interviews, I have on the hot seat Connor Gillivan a serial entrepreneur who has built multiple eCommerce businesses starting from his college days. He lives to make a positive impact on others through the use of his passions. Without further ado, here’s the unusual story of the unusual Connor Gillivan! Part One: Connor Gillivan Unusual Entrepreneur Interview ENTREPRENEURSHIP: Awakening the Spirit of business Can you please tell us a little about yourself and your business? What do you do?, how do you do it?, why do you do it and who do you…
No business can survive for long without some form of competitive advantage. Whether it’s explicitly defined or not is one thing and whether it’s a sustainable competitive advantage or not is another thing. But essentially, that you’ve been in business for up to 3 years and still able to make a sale, no matter how small, is an indication that you have some form of competitive advantage. Because if you didn’t, you wouldn’t last more than your first year in business! What is Competitive Advantage? Competitive advantage refers to one or more qualities, attributes, features, or aspects of a company’s…
Business is a highly competitive landscape, so prepare for war. Whether you are just starting out or you’ve been in business for so many years; the competition is always there! Competitive warfare is good for business; they help kick out the lazy entrepreneurs from the scene which ultimately improves the industry. The presence of competitions in any industry is an indication that the market is profitable. So if you are one of those lazy entrepreneurs who are constantly trying to create or discover a business idea with zero competition, congratulations, you’ve just found one sure way to kill your business…
This is a guest post from Colette Cassidy, the Director of an Irish tax consultancy company named All Finance Tax, specialists in financial and taxation advice. For many people, the thoughts of working in a functional 9-to-5 job simply to pay the bills and fund a living can be demeaning and dull, so they might well decide to follow their passion and form their own company. Entrepreneurship is very common, with as many as 1 in 5 adults choosing to go down this route, and can be extremely rewarding, but it is also fraught with pitfalls and requires vast amounts…
Welcome to 2016! To grow your business this year, for many it’s not going to be any different from 2015. But for a few, it is going to be the greatest year of their lives yet. None of these two outcomes are automatic; they both require your permission to come to pass. To have the same kind of year as you did last year depends on you. To have a different year than you did last year, also depends on you. Fortunately, this unusual article is for the entrepreneurs seeking the second outcome; to make this year 2016 the greatest…