6 business model canvas examples to learn from this year
The Business Model Canvas (BMC) has revolutionized the way businesses—both startups and established companies—design, test, and refine their business strategies. So whether you’re looking to innovate your current business model or start a new venture from scratch, the insights that will shared in this article will help you understand, adapt,
6 Best Business Models for Startups This Year
Building a startup is a journey filled with countless decisions – from product development and marketing to operations and financing. One of the most critical decisions a founder makes is choosing the right business model. Whether you are bootstrapping your venture or attracting investors, having a robust business model is
FEC approves two initiatives to bolster Nigeria’s digital economy
The Federal Executive Council (FEC), led by President Bola Tinubu, approves two initiatives to bolster Nigeria’s digital economy: This initiative, leveraging a Public-Private Partnership (PPP) funding model, will improve access to digital services, spur economic growth, and enhance the overall quality of life. Both initiatives align with the Infrastructure pillar
Warner Music and Audiomack expand licensing deal to more African countries
Warner Music and Audiomack expand licensing deal to include 47 additional countries, enhancing the global availability of Warner Music Group (WMG)’s music catalogue. This expansion includes key African nations such as Uganda and Zimbabwe, providing local artists with greater exposure and access to international audiences. By extending its licensed territories,
IBM exits Nigeria, Ghana, and key African markets
American technology company IBM exits Nigeria, Ghana, and other key African markets, transferring its regional functions to MIBB, a subsidiary of Midis Group, a multinational IT and telecommunications conglomerate operating across Europe, the Middle East, and Africa. This move comes as part of a new operating model that IBM will implement in
Polaris and other banks are exploring ways to comply with CBN’s new capitalization requirement
To comply with CBN’s new capitalization requirement, tier-1 banks have already raised over ₦1 trillion on the stock market while smaller banks are considering mergers and acquisitions to meet the March 31, 2026 deadline. At least three commercial banks, including Polaris and Keystone, are currently exploring potential mergers, according to
Arnold Nyendwa, the Entrepreneur Behind Africa’s First Stainless Steel Stove
Arnold Nyendwa, an entrepreneur and CEO of AFNON, has achieved remarkable success. His innovative spirit has led to the development of the Juvin stainless hybrid stove, a revolutionary product that operates on three energy sources: gas, electricity, and charcoal pellets. This stove has garnered global recognition, earning a spot among
Quickfire Questions with Arnold Nyendwa, CEO of AFNON
Arnold Nyendwa, CEO of AFNON, has achieved remarkable success. His innovative spirit has led to the development of the Juvin stainless hybrid stove, a revolutionary product that operates on three energy sources: gas, electricity, and charcoal pellets. This stove has garnered global recognition, earning a spot among the 1000 Efficient
Central Bank of Nigeria Extends Forex Purchase Deadline for BDCs to May 30
The Central Bank of Nigeria extends forex purchase deadline for Bureau de Change (BDC) operators to acquire foreign exchange (FX) from the Nigerian Foreign Exchange Market (NFEM) to May 30, 2025. Initially, in December 2024, the CBN had granted BDCs temporary permission to purchase up to $25,000 weekly from the
How to Develop a Business Growth Strategy
In the business environment, having a well‐defined growth strategy isn’t just a luxury—it’s a necessity. Whether you’re a startup or an established enterprise, understanding how to develop a business growth strategy can help you stay competitive, optimize resources, and drive long‑term success. In this article, we’ll cover the fundamentals of
