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  • ‘What new Nigerian ecommerce companies are doing wrong’ – Ope Adeoye

    ‘What new Nigerian ecommerce companies are doing wrong’ – Ope Adeoye1

    This is not to gloat or anything like that. Far from it. Rather, it’s a sincere expression of concern and a hope that it may provoke thought (and maybe consideration) in the right quarters. So recently, it’s been out that Konga is executing another round of layoffs as part of a “business development strategy“.  This is

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  • How to get wealth: Entrepreneurship versus Employment

    How to get wealth: Entrepreneurship versus Employment0

    I always say that there is a lot of ‘survivorship’ bias in entrepreneurship. Wealth is a different matter entirely. People make the mistake of thinking that there is always a direct correlation between wealth and entrepreneurship, I tell them that if you plot the data points of all failures, there is probably more correlation between

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  • Konga is laying off workers (again) for optimal productivity

    Konga is laying off workers (again) for optimal productivity1

    Leading Nigerian online mall, Konga.com, has announced that it will lay off some of its employees, as part of its business development strategy whereby it reviews staff strength every 6 months. Konga has been doing this consistently over the last 2 years and usually lets go of staff that still go on and do great

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  • Computer Village street traders defy Governor Ambode’s order

    Computer Village street traders defy Governor Ambode’s order0

    The boys at Computer Village are not smiling. What street corner drug peddlers are to American Hip Hop, the ICT road traders are to Nigeria. They personify hustle. Despite Lagos state governor Akinwunmi Ambode’s decision to enforce the 2003 Street Trading and Illegal Market Prohibition Law, criminalising street trading, with a hefty N90,000 ($300) fine

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  • Sad! Yahoo is selling off its internet business

    Sad! Yahoo is selling off its internet business0

    Yahoo has begun accepting final bids for the sale of its internet business. The bids which covers Yahoo’s search, email, advertising and media operations, are reportedly due today.  The decision to sell off this once revered technology giant follows several unsuccessful attempts at revamping the business. In today’s world, Yahoo Messenger no longer has significance

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  • 4 strategies for Fashion businesses to grow their Instagram followers

    4 strategies for Fashion businesses to grow their Instagram followers0

    The fashion business has become huge across Nigeria and Africa as a whole. With so many brands popping up and events/fashion shows organized, the industry is slowly becoming a top player in the country’s economy. Like it is with other businesses, there is a need to build and promote your brand and social media, especially Instagram

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