Business Financing

Evert business need positive cash flow management, daily accounting records and good accounting decisions to survived. If you are looking for ideas on how to raise money for your business or the best ways to finance your startup business in Nigeria, then get every information you need here on Abbakin about how to Business Financing and Accounting Management.

How to Maximize Your Crowdfunding Campaign

Almost each and every startup is going to consider crowdfunding at one point in time or the other in their journey as a way of securing their business finances. There is a chance that you are burning out rapidly even with the assistance of the bank loans, your personal savings, and also, the money donated by your friends and family, and you will be ready to face what the crowd is going to think about your product by implementing...

12 Best Crowdfunding Websites in Nigeria: How to Raise Money

If you’ve got a brilliant business idea but lack the financial power to support your vision right, here are is our list of best crowdfunding websites in Nigeria that can help you raise money for your business, or other purposes such as medial treatment, education, legal aid, charity giving or course. Have you reached out to friends and families, only to discovered they lost their houses and jobs during last year’s flooding incidence, or during the national protest? Have your...

15 Online Payment Gateways in Nigeria and Africa for eCommerce

This post highlights some of the top online payment gateways for eCommerce businesses in Nigeria and Africa, along with their benefits, features, and why they are essential for businesses to consider. In the evolving eCommerce landscape, having a reliable payment gateway is critical to ensuring smooth and secure business transactions. The success of your eCommerce business depends largely on how well you handles payments—by making it ease for customers to complete purchases on your store. A payment gateway is a...

Top 10 Quick Loan Agencies in Nigeria

So many people (especially young adults) have different innovative minds and ideas on how to make their lives better. Turning those innovative ideas into reality is what delays them because that will need to finance those innovations (Business) so as to make a living and be successful. That is why we need to read about the Top 10 Quick Loan Agencies in Nigeria. While growing up, it is certain that we all have borrowed money one way or the other,...

Why Your Business Should be on Social Media

If you run any business whether small or large, you must continually think of ways to get your products and services in front of as many people as possible. It shouldn’t be a shock to you when I say that there are over  4.5 billion social media users around the world. So there are so many reasons why your business should be on social media. For a business to be successful among its competitors , its management has to stand...

How to Start up an Online Shopping Store

The internet has taken over the world. These days, almost everything can be found online. The internet has simplified all aspects of life by which online shopping is one of the areas that has made it convenient in purchasing what you want. In a world where many seem to value saving time and money, recently shoppers have started to do most of their buying online rather than going to physical locations (like boutique and stores) to get them. So,...

Why Africans Should Take Cryptocurrency Seriously

Understanding why older Africans should take cryptocurrency seriously and why it is important is crucial in today’s Africa. This article will help with that. Crypto-currency, such as bitcoins, was most popular among the younger generation. 12% of 18 to 29 year-olds claimed to be bitcoin owners. However, people aged 30 to 39 years old had crypto-currency in 8% of cases, whereas, those aged 40 and up had almost no bitcoins or other crypto-currencies. This is a really poor statistical review on...

Why Business Owners Are Not Qualified To Access Loans

Thinking of getting a loan for your business? Here are the main reasons why business owners are not qualified to access loans in Nigeria. The Central Bank of Nigeria (CBN), the Bank of Industry (BoI) and the Lagos State Employment Trust Fund (LSETF) recently say there are many funds available for the micro, small and medium enterprises (MSMEs) in Nigeria, but many business owners are not qualified to access them.They say lack of proper documentation, absence of financial history, and...

How to Apply for Nigerian Youth Investment Fund

The minister of youth and sports development, Sunday Dare on Wednesday announced the approval by the federal executive council to establish the Nigerian Youth Investment Fund (NYIF). This is a federal government initiative to invest in the innovative ideas, skills, talents and enterprise of the Nigerian youths with the aim of turning them into successful entrepreneurs. About 500,000 Nigerian youths will benefit from the N75 billion approved funding under the Nigerian Youth Investment Fund annually. According to a tweet from Dare’s...

Government Agencies that Support SMEs in Nigeria

If you are a startup entrepreneur, corporate organization or foreign investor currently doing business in Nigeria or seeking investment opportunities in Nigeria; there are lots of business activities you can achieve with this list of top government agencies that support SMEs in Nigeria. You will also need responsive website designs, social media marketing, and search engine optimization strategies to grow your business, increase your online visibility and make more sales. Nigeria is the largest economy in Africa and, according to Goldman Sachs, the nation...

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