Broadcast Schedule
06Aug2017
The Economy and You (Ade Sofola)
With most of today’s economies being unable to provide sufficient employment opportunities, non-governmental organizations are now fostering creativity and employability among students through entrepreneurship programs. This is why organizations such as Junior Achievement of Nigeria (JAN) came up to inspire and educate young people to become conscientious business leaders. So far, JAN has built the capacity of many students in getting them ready for the workforce and enterprise. Given the role of young people in shaping the world's economy and the fact that Nigeria has the largest generation of youths in Africa, there is a growing need to the job- seeking mindset of the Nigerian youths by exploring alternatives to job-creation strategies. Join us this Sunday on The Economy and You as Mrs Ade Sofola, Director of Programs at JAN discusses how JAN is empowering the young leaders through fostering entrepreneurial culture that will nurture the doers and dreamers of the next generation.
04Aug2017
Enterprise Stories - Adebanke Adeyemi
This week on Enterprise Stories we feature Adebanke Adeyemi, the founder of Luxuria Ventures – a corporate and personal gifting company. After her graduation in 2000 from University of Lagos in Mass Communication, Banke worked in one of the popular banks and an Oil and Gas outfit briefly. She also managed a guest house in Lagos but along the line, realised that she was not fulfilled thus, she decided to leave and start her own business that will be flexible and allow her time for her family. Banke found a niche in corporate and personal gifts and in 2011, she registered her company called, Luxuria Ventures. She started the company with just one contract staff but today Banke has four full time staff and numerous interns and contract staff. Banke has attended several exhibitions within and outside Nigeria. Tune in to Enterprise Stories this Tuesday on Inspiration 92.3Fm and edcradioonline.com at 3pmto listen to the successful entrepreneurial journey of Banke Adeyemi.
28Jul2017
Enterprise Clinic on Air July 2017
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale Anifowose and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to , tweet us @edc4sme or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account).
27Jul2017
The Economy and You ( Olajide Adamolekun)
With a huge consumer market, growing economy and increasingly urbanized population base, Nigeria represents one of the biggest opportunities for the retail sector in Africa. However lingering concerns over select risk factors, including tariffs imposed on the industry, may affect investment in the near to medium term. Currently, more than 80m of Nigeria’s 182m citizens live in or close to urban areas, a figure that is set to rise in coming years as the economy moves away from its traditional rural base. This shift to the cities, and the rise of a broader middle class, represents a vast pool of customers for retailers. According to a report released by research firm McKinsey Global Institute, Nigeria’s consumption could rise to $1.4trn a year by 2030, from its present level of $388bn a year, an average annual increase of 8%. The retail sector has gone beyond just over the counter to online sales with the emergence of platforms such as Konga.com. With over 5 years presence in Nigeria, online retail business is growing with all fervor. However, despite the convenience of online shopping, a better percentage of Nigerians would continue to find it difficult to shop online except online retail stores in Nigeria get it right. Join us this Sunday on Rhythm 93.7Fm or log on to edcradioonline.com at 6.15pm for The Economy and You as our guest Mr. Olajide Adamolekun, Director, Commercial Operations, Konga.com discusses the successes and challenges of the Retail Sector in Nigeria. Date: Sunday 23rd July, 2017
21Jul2017
Enterprise Stories - Azukaego Ekpe
On Enterprise Stories this week, we feature Azukaego Ekpe, a passionate early childhood practitioner, professional teacher, school administrator, Montessori trainer and motivational speaker. She studied Law at the University of Benin and upon graduation did a couple of jobs in events planning and management before deciding to study Montessori Method of teaching from Modern Montessori international London in 2010. In 2013, Azukaego started Daati’s Pride School after searching in vain for an appropriate school for her 2 years old daughter. The school took off from her house with her daughter and later 3 other children. Apart from the fact that parents were initially skeptical about bringing their children to the school, she also encountered financial challenges but she was undeterred, Daati’s Pride has overcome and is waxing strong. The joy at seeing the excellent performance of her pupils in competitions and the positive change that they exhibit has motivated Azukaego to do more. Today, Daati’s Pride has over 100 pupils and employs 23 teachers and Nannies. . Tune in to Enterprise Stories on Inspiration 92.3 FM or log on to edcradioonline.com for more about Azukaego’s entrepreneurial journey.
14Jul2017
Enterprise Stories - Bisi Sotunde
This week on Enterprise Stories we feature an amazing lady who has put in a lot within a short period to grow her business tremendously. Bisi Mawuton Sotunde, is the CEO of Busy Bee Events, a graduate of Chemical and Polymer Engineering from the Lagos State University. After her graduation in 2008, Bisi searched fruitlessly for a job for some time before deciding to channel her strength into starting her own business. With the thought of this, she immediately informed her friends and family of her decision to start an events business and not long after BusyBee Events was born. Her first job came thereafter in October 2009 from one of her classmates to provide hostesses/ushers for her wedding. So, in 2010, Bisi registered the business and from then on Busy Bee Events has grown from being just an event planning/management company, to a training and mentoring outfit , training aspiring entrepreneurs in the areas of Events Management and Decorations.
13Jul2017
The Economy and You (Omotola Talabi)
The demand of electricity is increasing by the day, for economic emancipation and in order to meet the Millennium Development Goals. Thus, Electric power supply is the most important commodity for national development. With electrical energy the people are empowered to work from the domestic level and the cottage industries, through the small-scale and medium industries to employment in the large-scale manufacturing complexes. According to the power sector, Nigeria has 13,400MW of installed power generation capacity of which 8,000 MW is mechanically available. Less than 4,000MW is dispatched on the average over the last two years due to constraints in gas supply, electricity transmission, and, distribution. As a result, the lack of constant electricity supply has discouraged consumers. Many efforts have been made to close this gap including privatization of the power sector, which is believed will bring about efficiency. The Federal Ministry of Power on the other hand said an estimated $3.5 billion budget appropriations will be required as part of the funding plan needed to revive Nigeria’s power sector. This is expected to ensure that a minimum baseline power generation of 4,000MW is guaranteed and distributed daily from 2017, to ensure stability of the grid. Join us on “The Economy and you “this Sunday as our guest, Mr. Omotola Talabi, CEO Elektron Power Limited discusses the role of power in economic development. Date: Sunday 9th July, 2017
07Jul2017
Enterprise Stories - (Frank Adekunle Macaulay)
On Enterprise Stories this week, we feature Frank Adekunle Macaulay, a pilot turned film maker. Frank Adekunle Macaulay is the MD/CEO of FMA Productions Nigeria Limited - a Movie, TV and Digital Media Production company based in Lagos. After his training at the Nigeria Civil Aviation Training Centre in Zaria, Frank practiced as a pilot for eight years before the airline folded up. This prompted him to relocate to London with the expectation to continue flying, but this never happened. While in the UK, Frank got into acting as a hobby but ended up at Anna Scher Theatre School in London where he was trained as an Improv Actor. With the training, Frank learnt all about cinematography and before you knew it, he started a production company in London. Spotting the huge opportunity in the Nigeria Movie Industry, Frank decided to return to the country in 2008, where he built an Innovative Studio - Creative Hub in Magodo, Lagos and immediately swung into the production of movies and documentaries. Today, Frank Adekunle Macaulay has a number of film productions to his credit and currently trains movie makers. Tune in to Enterprise Stories on Inspiration 92.3 FM or log on edcradioonline.com this Tuesday at 3pm for more on Frank was able spot an opportunity in the Nigeria film industry and develop it.
06Jul2017
The Economy and You ( Sir Gbenga Badejo)
Taxes, and tax systems, are fundamental components of government revenue generation. They build capacity to provide security, meet basic needs and foster economic development. However the capacity of the government to provide her citizens is limited when individuals and organizations evade taxes. This is the raison d’etre why the Acting President, Yemi Osinbajo on Thursday offered nine months grace period to tax payers to regularize their tax status or face criminal prosecution for tax offences. According to him, people can only pay more attention to what government is doing and hold them accountable when they pay their taxes. In the studio with us this Sunday to discuss the tax issues and its impact on the SMEs in Nigeria is Sir. Gbenga Badejo, Managing Partner /CEO of Gbenga Badejo &Co.
30Jun2017
Enterprise Clinic on Air June 2017
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale Anifowose and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923
29Jun2017
The Economy and You (Monalisa Chinda)
It is now a fact that Nigerian entertainment sector is worth billions of dollars and has generated 6.54% in Q4 of 2016 to the Nigerian economy. This is not surprising at all, given the way theindustry, particularly Nollywood and music production, have exploded in the last 10 years. No wonder why Nigerians born abroad are coming back home to compete well with skillful younger ones who are making Nigeria proud in theinternational entertainment markets in music and high quality movies thereby, making the industry to grow even more. There is no gain saying that the Nigerian entertainment industry has enormous potential both in terms of creativity and opportunity. Theevolution of our music over the last decade has been phenomenal thus, the need for us to focus more on Nigerian entertainment sector because there is still a huge gap in the industry that has to be filled. The industry has the potential of creating employment and actively engaging the Nigerian youths. Our guest is Ms. Monalisa Chinda, an award winning actress, film producer, philanthropist, and TV host. Date: Sunday 25th June, 2017
23Jun2017
Enterprise Stories - Mfon Udeme-Okon
This week on Enterprise Stories we feature the story of Udeme Mfon-Okon, the Pig farmer. Udeme is an accountant and the CEO of Maser Farms. After her graduation from the University in 1998, she secured a job with a bank where she worked for 13 years before she decided in 2012 to leave and follow her entrepreneurial dream. Udeme started her initial business by exporting charcoal to Europe and Western countries but after facing several challenges she decided to go into Pig farming which was her first love. At the point of starting, she met a friend who was into pig farming, with his help and her research on the sector she started Maser Farms in 2014 with one staff. Today Udeme has 5 five staff and several retailers in Lagos. Tune in to Inspiration 92.3Fm or log on to edcradioonline.com at 3pm to learn more about how Udeme the Diamond Bank’s BET award winner started her entrepreneurial journey.
22Jun2017
The Economy and You ( William Iheanacho Otabil)
Small businesses and start-ups are the engines that will power Nigeria’s growth into the future,” “The sooner we start supporting our proudly Nigerian suppliers and service providers, the better for us. With our support, they can create wealth and jobs for the country and many of them can grow into globally competitive brands. On May 25, 2017, an Executive Order compelling state agencies to direct about 40% of procurement to Made-in-Nigeria goods by the Acting President puts spotlight on local manufacturers through initiatives such as the Made-in-Nigeria Dress Days. Locally made products accounted for 89.2 percent contribution toward Nigeria’s Gross Domestic Product in 2014, a far cry from 68.9 percent contribution recorded in 2011. In Aba alone, there are 15,000 shoemakers, who produce 300,000 shoes daily while one million of those shoes find their ways to Europe and other parts of the world on a weekly basis. The exports are estimated at about N1 billion weekly. This therefore explains the need for the Acting President’s executive order reaffirming the Federal Government’s determination to drive the Nigerian economy with locally manufactured products. In this episode, our guest Mr. William Iheanacho Otabil, the Chairman of the Buy Naija Project, will discuss the importance of this Executive Order.
16Jun2017
Enterprise Stories - Akingbade Akinmuyiwa
This week on Enterprise Stories we feature the story of Akingbade Akinmuyiwa and Kunle Bamgboye the founders of Mr. Wells and Harmony Ltd. Akingbade is a trained engineer who has had the passion of starting a bakery for a long time. Earlier he noticed that there was a particular brand of bread that dominated the market, people queued up to get this bread and he longed to have a taste of it and when he did his passion got ignited. He knew he could do something like this or even better. While he was contemplating on how to start Akingbade met someone and as he was sharing his vison with her, he got to know that she is the daughter of a renowned baker in the North. This meeting gave Akingbade and Kunle the opportunity to take some practical classes in her father’s bakery. After the classes, they offered to manage a bakery for some companies in Ilorin so as to fortify their hands-on experience. This decision paid off because in 2015 Akingbade and Kunle set up Wells and Harmony Ltd, a company that produces MR HARMONY bread. They cater for all classes of people and even have their specialized ‘Agege Bread’. Prior to now, Wells and Harmony business went under and closed down but , toady Wells and Harmony is back to business stronger with 12 staff and several distribution channels better.
15Jun2017
The Economy and You (Rev. Sunday Folayan)
Did you know that Nigeria loses N127bn yearly to cases of Internet frauds across all sectors of theeconomy and N10 billion annually on hosting domain names abroad? Nigerian Internet Registration Association (NiRA), a self-regulating body that manages the .ng national resource has said that it is focused on championing the course of ensuring that Nigerians begin to inculcate the culture of registering everything in .ng domain name and then check thecapital flight that goes with hosting such domain name aboard. With 99% of what NiRA has registered being hosted outside Nigeria, the Nigeria Internet Registration Association (NiRA) has mapped out strategies to deal with issues of internet abuse by various forms of arrangements. Join us this Sunday on” The Economy and You” as the President of NiRA, Rev. Sunday Folayan, will be in the studio to talk more about NiRA , its efforts in identifying those contributing to the growth of the.ng domain name registration and the promotion of the DNS Industry. Date: Sunday 11th June, 2017
09Jun2017
Enterprise Stories - Oluwatoyin Egedi
This week on Enterprise Stories we feature the story of a not-for-profit organization - Rullion Capacity Builders, an organization that trains and empowers women with vocational and Entrepreneurship Skills. Oluwatoyin Egedi is the founder of Rullion Capacity Builders which started out in 2014 . When getting a job was becoming a problem after she gave birth to her baby, Toyin, heard about skill acquisition training somewhere in Lagos and decided to join in the training. She learnt bead making and jewelry for just one month and started making beads and selling from home. She decided to partner with two of her friends to start training people who may be at home doing nothing, on how to make beads, using her house. Today, Rullion Capacity Builders has trained over 1000 people, has four permanent staff and over 15 contract trainers.
02Jun2017
Enterprise Clinic on Air May 2017
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale Anifowose and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923.
01Jun2017
The Economy and You ( Patience Otrofanowei )
Transportation is a critical factor in the economic growth and development of a nation. It is an essential part of human and commercial activities and a wealth creating industry on its own. Inadequate transportation limits a nation’s ability to utilise its natural resources, distribute food and other finished goods and integrate with other infrastructural facilities. There is the need therefore to maintain and improve the existing transportation and build new infrastructures for a national wealth. This is even more so in a global economy where economic opportunities have been increasingly related to the mobility of people, goods and information. Apart from the fact that a well-coordinated and integrated transport system is an enabler for movement of goods and services, it is also a critical infrastructure needed to complement and support government programs and activities. Join us in this episode of “The Economy and You” as we bring you Mrs. Patience Anne Otrofanowei, the Managing Director of Swift Rental Cars Ltd.
26May2017
Enterprise Stories - Oshone Ikazoboh
When you have an innovative idea, don’t hold back – it might just be the next big business. Our story this week conveys this fact. Oshone Ikazoboh is a Co-founder of Zoto; a fast and secure mobile payment solution in Nigeria, licensed by the CBN. With 10 years entrepreneurial experience, Oshone decided to create Zoto which provides people the convenience of making payments wherever while maximizing time. Having successfully managed IT companies and completed several projects for clients including Afrinvest and Nigerian Stock Exchange, Oshone and his team set up Naij.com and grew its network base. In 2015 he started Zoto and within two years he employed over 30 staff and registered over 1 million subscribers on the platform.
25May2017
The Economy and You ( Otunba Bimbo Ashiru )
According to the International Monetary Fund (IMF), Africa has over the past decade, become theworld’s most exciting economic frontier, transforming and offering hope for gainful entrepreneurship. Africa grew despite the global recession and it shows no signs of abating. The continent is on course to achieve economic growth of around 4.5% this year, a rate higher than predicted for themature economies of the world. This shows that there is something unique about what is happening on the continent now. With the predominant contribution of MSMEs to theeconomic growth of any nation, it is important for economists and policy makers to identify measures that can help small businesses grow into large enterprises. Hence, the government, the financial sector, the non- governmental and other relevant stakeholders need to play a role in thedevelopment of SMEs in Nigeria. In this episode, the Ogun State Commissioner for Commerce & Industries, Otunba Bimbo Ashiru, will be discussing the specific policies that is enabling the SMEs to develop particularly, in Ogun State.
19May2017
Enterprise Stories - Bukola Akinlagun
This week on Enterprise Stories we feature the amazing Bukola Akinlagun, the Founder & Managing Director of Mosaic – a fast rising integrated Real Estate company. Bukola worked in the banking sector after graduation from the University, but deep down she knew she was going to run a business probably because she was greatly influenced by her parents whom she watched growing their businesses. In 2008, Bukola founded Mosaic with less than 10 staff and incorporated the company in 2009. Today Mosaic has grown hugely with 100 staff and offers a range of services including Facility Management, Property Consultancy, Accommodation, Professional Cleaning, Building Renovation and Construction Services.
18May2017
The Economy and You - Laoye Jaiyeola
The Nigerian Economic Summit Group (NESG) was formed in 1996 as a platform for public-private sector cooperation on Nigeria's economic development. The NESG engages government, private sector, and civil society on key development issues and economic policies in Nigeria. The strategic roles of the Group include those of being a; Dialogue Partner: Shaping policy through public debate, Connector: Instituting change through influence that mobilizes action. Over the years, the Group has made significant input into policy changes in Nigeria through independent research and advocacy and has also been able to shape policies through its annual economic summits and other high level policy engagements. Recently, the NESG has been on many fronts including making a series of presentations to various Senate Committees covering a myriad of sectors in the economy. They have also urged the Federal Government to adhere strictly to the implementation of the Economic Recovery and Growth Plan (ERGP) so as to achieve the desired impact on the economy.
12May2017
Enterprise Stories - Affiong Williams
This week on Enterprise Stories, we feature the story of a young entrepreneur who created an enterprise from drying fruits. Affiong a Physiology & Psychology and Business Management graduate was working in a non- governmental organization from 2008 to 2012, when she realized the huge potential that exist in Agriculture. She saw the opportunity to create wealth in Nigeria and provide jobs for unemployed youths. She launched ReelFruit, a snack and beverage Company that focuses on locally made and packaged products from fruits, which today she has sold over 500,000 packs. Today, Affiong has won several awards including the Women in Business Challenge organized by BidNetwork, Netherlands and the Creative Focus Africa’s SME competition for businesses in Lagos. In 2016, she was listed in the “30 under 30 African Entrepreneurs” with Forbes Africa. Tune into Enterprise Stories this Tuesday May 9thon Inspiration 92.3Fm or log on to edcradioonline.com to hear the story of how Affiong used feedback as a strategic tool to grow her business.
11May2017
The Economy and You ( Yewande Sidaku)
The Nigerian Investment Promotion Commission (NIPC) is a Federal Government Agency established by the NIPC Act N0. 16 of 1995,to promote, co-ordinate and monitor all investments in Nigeria. The NIPC has been at the centre of the Federal Government of Nigeria’s efforts to diversify her economy and move away from overreliance on theoil and gas sector by providing a fertile ground for investments. The NIPC has created a One-Stop Investment Centre as a strategy to streamline investment procedures, provide prompt, efficient and transparent services and coordinate investment-facilitating agencies. Statistics has shown that Nigeria in the last four years spent about N30trn importing goods from all over the world, with the bulk of the goods streaming in from China. In view of this record, theFederal Government, through the NIPC has begun to prioritize domestic direct investment. Join the Executive Secretary of the NIPC, Ms. Yewande Sadiku on the Economy and You, as she discusses NIPC’s strategies in helping the SMEs meet Foreign Investors and also develop theeconomy and drive industrialization in Nigeria.
05May2017
Enterprise Stories - Afua Osei
This week on enterprise stories we feature Afua Osei, a young energetic lady. Afua Osei is the co-founder of She Leads Africa (SLA) - a community that helps young African women achieves their professional dreams. While in business school, Afua had come up with a new venture idea to create a platform to help young African women with their careers. She imagined a place where all kinds of smart and ambitious young women could come to learn and connect around cool new projects. So when she moved to Nigeria in 2012 to serve as a business and operations consultant at McKinsey & Company, advising large corporations and multinationals across Africa, she met a colleague who was also very interested in inspiring young African women and this is how the fusion of the ideas between these two women gave birth to She Leads Africa. Today, SLA has impacted hundreds of young women and Afua and her partner have since been named by Forbes Africa as two of the youngest power women in Africa (2014). Afua was also named by Ventures Africa as one of the top 25 African innovators to watch (2016).
04May2017
The Economy and You (Femi Osemwegie)
Real Estate remains a critical sector of the Nigerian economy. Indeed we have made progress in the last decade especially in pro-active states but more needs to be done as the sector has the potential for job creation. Besides, movement from rural to urban areas is happening faster than anticipated, thus putting pressure on existing infrastructure. Innovative organizations are however using the "sharing economy model" to disrupt the sector. Join us on another episode of The Economy and You! as Mr. Femi Osemwegie, former Executive Director of Pison Housing Company & founder Practical Habitat Ltd, takes us through how innovative models are re-awakening the sector.
28Apr2017
Enterprise Clinic on Air April 2017
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale Anifowose and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to , tweet us @edc4sme or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account). When we treat your case, many similar cases are simultaneously resolved!
27Apr2017
The Economy and You (Tunji Andrews)
The new forex allocation to SMEs triggered some mixed reactions among the stakeholders in foreign exchange market in Nigeria. This action has opened forex window for SMEs to the tune of $20,000, per customer per quarter and this will reasonably address the FOREX challenges of the SMEs and encourage productivity in the country. While stakeholders and analysts are diverse in their reactions to the new policy, Manufacturing of Nigeria (MAN) and Lagos Chamber of Commerce and Industry, (LCCI), said the new CBN guideline on special FX allocation to SMEs is commendable as it would trigger productivity, employment and wealth creation in the country. In this episode we will be looking at the impact of the current FOREX allocation on Small Businesses in Nigeria.
21Apr2017
Enterprise Stories - Julius Adeleye
This week on Enterprise Stories, we feature the story of a man who fell in love with entrepreneurship from a tender age. Julius Adeleye is the founder of All Queens Kitchen limited a food drinks company; he graduated with a degree in Business Administration and always had the passion to run a business. Julius’ father was a business man, this sowed the seed of entrepreneurship in him at an early age, he was intrigued by the way his father ran his company and managed employees, and he dreamt of running his own organization so he can engage people the way his father did. Upon graduation from the university, Julius worked with a Yoghurt production company for a few years, where he gained experience before starting Quest Kitchen in 2004. He started from his rented flat with 3 staff, but today they have built their factory, have over 45 staff and service all the western states and parts of the south.
20Apr2017
The Economy and You (Rilwan Adebola Fashina)
Made in Nigeria products are becoming more important in ensuring economic sustainability in the country particularly, with the situation of the economy. For made in Nigeria goods to match up with international standards, there are requirements that must be met. The Standards Organization of Nigeria (SON) has the mandate to promote industrial and economic development by ensuring that Made-in-Nigeria products meet the requirements of the relevant industrial standards. When SMEs meet these requirements, this creates economic growth. Our guest Mr. Rilwan Adebola Fashina, Head, Public Relations ,will be in the studio to discuss some of the steps that SON has taken to ensure that products manufactured in Nigeria meet international standards.
14Apr2017
Enterprise Stories - Olatunde Olaniyi
This week on Enterprise Stories features the unique story of a psychologist who went on to set up a successful shoe making business. Olatunde Olaniyi, was doing well at iCentra Consulting Limited in Abuja, most people believed he was doing well but Tunde deep down wasn’t satisfied and wanted to do more particularly, with his fascination for business. Sometime in 2012, he was looking through the life goals he had set for himself back in 2005 when he was still in the university and something jumped out, he had written down that he would start a fashion business, this immediately illuminated and occupied his mind. He quit his job and decided to go all in into the business of shoe making and he went ahead to register Kokoma Shoe Company. Kokoma Shoe Company has clients all over Nigeria and across Africa and Tunde has built good partnerships with shoe manufactures in Italy, Turkey and Spain. He featured in the Lagos Shoe Fair 2015 and has attended several other exhibitions. Tune in to Inspiration 92.3Fm or log on to edcradioonline.com this Tuesday, April 11, 2017 at 3:00pm to learn how Olatunde, built a great fashion brand from scratch.
13Apr2017
The Economy and You ( Akin Oyebode)
Challenges of small and medium scale enterprises (SMEs) in Nigeria are linked to variables that define the economy. Some of these challenges include, low industrialization capacity, access to finance, inconsistent government policies at various levels, inadequate infrastructure and insecurity of the business climate among others. It is against this backdrop that the Executive Governor of Lagos State, His Excellency, Akinwunmi Ambode established the Lagos State Employment Trust (LSEFT) in 2016, with the objective to provide financial support, access to information and capacity building to Lagos State residents in order to reduce unemployment across the State. In this episode, Mr. Akin Oyebode, the Executive Secretary of LSETF will be discussing the role of the government as an enabler for SMEs growth.
07Apr2017
Enterprise Stories - Adekunbi Fashakin
This week on Enterprise Stories, we feature another exciting story of a young lady who left her oil & gas job for make-up artistry. In 2006, while Adekunbi Fashakin was getting ready for her final year, she got an opportunity to intern in one of the big oil &and gas companies in Nigeria - a prospect to build a career in the sector, she hoped. During this period, she had her “side hustle” which was a make-up business. Surprisingly, upon completion of her internship program, Kunbi decided to start an online retail business for clothes, shoes and accessories. This probably must have got many thinking that she lacked focus. In 2009, Kunbi’s online business collapsed due to inadequate financial capability and entrepreneurial knowledge. Rather than brew over this collapse, Kunbi remained undaunted, picked up her brushes and re-kindled her passion for make-up which she had been offering mostly as a hobby to brides and magazines.
06Apr2017
The Economy and You (Mazi Sam Ohuabunwa)
Just like in any economy, Small and Medium-sized Enterprises (SMEs) are being targeted as never before in Nigeria for their potential to stimulate growth and create jobs. Many of the development agencies like the World Bank, Bank of Industry, and Private sector among others have rolled out programs for developing SMEs. Looking back, one may ask, has there been any real attempt on the part of government to formulate tangible and lasting policies to support the small business sector? In this episode, our guest, Mazi Sam Ohuabunwa, MON, OFR and Chairman, PMG-MAN will be discussing how the government can initiate collaboration with the private sector to support SMEs for job and wealth creation in Nigeria.
31Mar2017
Enterprise Clinic on Air March 2017
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale Anifowose and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923.
30Mar2017
The Economy and You Olumuyiwa Coker
The Nigerian Tax System has undergone significant changes in recent times. The Tax Laws are being reviewed with the aim of repelling obsolete provisions and simplifying the main ones. In evaluating the tax regulation in Nigeria, we must address the plight of SMEs. How has tax regulation affected the SMEs operation in Nigeria? How can they get the required professional help from the concerned practitioners so that they don’t get slammed by the sledge hammer of the 3 tiers of Government?
24Mar2017
Enterprise Stories - Sunmbo Adeoye
This week on enterprise stories, we feature another exciting entrepreneurial journey. Sunmbo Adeoye left her accounting career to start her own events management business, why leave certain income for uncertainty? In 2008, a mother with 2 kids, she had a lot of responsibility on her shoulder and always pondered on alternative income. She has always had the flare for kiddies parties and decided to give it a go. She registered a business name and used her first son's birthday as the bait, the rest they say was the journey. Today, Esob employs 30 people and has set up a training school for events management. What did she do? When was her take off point? Tune in to enterprise stories on Inspiration 92.3 FM on Tuesday at 3pm to learn more about Sunmbo’s journey to business success.
23Mar2017
The Economy and You (Adewole Adeyemi)
Social enterprise is attracting a lot of attention around the world as a great way to make the world a better place. Recently the Nigerian government launched a N500 billion social investment programme that involves direct cash transfers of N5,000 monthly to one million beneficiaries in poor vulnerable households / graduates, feeding of 5.5 million primary school children, training of 500,000 graduates as teachers and 100,000 non-graduates as artisans and other special intervention projects. It however deduced that if the country had a vibrant social enterprise sector, some of these funds could be channeled through credible social enterprises. Therefore, Nigeria needs innovative and creative social entrepreneurs to revive the country's social economy and address growing social difficulties as Social Enterprises may be the vehicles to accelerate change in the economy. Our guest on The Economy and You is Mr. Adeyemi Adewole, MD, Adcem Healthcare Ltd and he will be discussing the impact of economic policies on the social enterprise & healthcare sector.
17Mar2017
Enterprise Stories - Toyin Ashaolu
On Enterprise Stories this week, we feature the story of Toyin Ashaolu, a lawyer turned fashion designer. Toyin always had a flare for fashion; she had a good eye for fabrics and an interest in designs. While in school she gave her tailors a good run for their money as they had to go the extra mile to satisfy her. In 2009, she moved from just loving fashion and started “The Ankara Place Ltd” with one tailor in her living room. She then went for a six months training to perfect her skills and in 2010, registered The Ankara Place as a limited liability company and moved to the high streets of Lekki. Today, The Ankara Place Limited have participated in three trade shows and exhibitions in Nigeria, now has 12 staff and is in the concluding stage of rebranding the company to a bigger fashion house.
16Mar2017
The Economy and You ( Paul Orajiaka)
A good number of SME’s get to a stage where the pertinent question becomes “How do I grow? The challenge is usually seen as solvable by funding. However, it has been shown that mere availability of funds does not result to growth, as getting funds at a high cost, improper determination of the amount required, and a lack of focus on value-driven growth can lead to troubles. Oftentimes, SME’s are impatient and want to vault to a larger size. The absence of proper planning, phased growth, and careful consideration of resource use is prevalent in the sector. In spite of the seeming difficult times, growth is possible when phased, and carefully considered. Given the present state of the economy, SME’s need to not just survive, but also strive to grow their business. Our guest today Mr. Paul Orajiaka, the Chief Executive Officer of Auldon Limited and an alumnus of London Business School, IESE Barcelona amongst others, found himself at a crossroads once and decided to out-source part of the production of his Unity toys so as to reduce the production costs. There are lessons to learn from the challenges that he overcame.
16Mar2017
The Economy and You (Paul Orajiaka.)
A good number of SME’s get to a stage where the pertinent question becomes “How do I grow? The challenge is usually seen as solvable by funding. However, it has been shown that mere availability of funds does not result to growth, as getting funds at a high cost, improper determination of the amount required, and a lack of focus on value-driven growth can lead to troubles. Oftentimes, SME’s are impatient and want to vault to a larger size. The absence of proper planning, phased growth, and careful consideration of resource use is prevalent in the sector. In spite of the seeming difficult times, growth is possible when phased, and carefully considered. Given the present state of the economy, SME’s need to not just survive, but also strive to grow their business. Our guest today Mr. Paul Orajiaka, the Chief Executive Officer of Auldon Limited and an alumnus of London Business School, IESE Barcelona amongst others, found himself at a crossroads once and decided to out-source part of the production of his Unity toys so as to reduce the production costs. There are lessons to learn from the challenges that he overcame.
10Mar2017
Enterprise Stories- Ugochukwu Chikezie (Nairabox)
When you have an innovate idea, don’t hold back – it might just be the next big business. Our story this week symbolizes this fact. Ugochukwu Chikezie is a co-founder of Nairabox, a mobile wallet that allows users to pay for various services at their convenience and still enjoy some percentage discounts. In April 2015, Ugochukwu and his partner started and registered Nairabox as a business. Today, Nairabox has gradually developed with a staff capacity of 24 and anticipate to serve the need of every Nigerian in all aspects of lifestyle be it; food, cinema tickets or events.
09Mar2017
The Economy and You (Antti Ritvonen)
When you consider the hierarchy of human needs food is a top priority. Man has therefore since time immemorial farmed. Farming therefore became a science such that it is studied with the aim to improve volumes and varieties. Some countries are able to feed themselves and export special crops; others are able to produce those crops which define the national staple. In Nigeria, the general perception is that we have lost prominence in certain produce, and have come to depend on importation for key crops/produce, which with some focus, can be farmed in Nigeria. Given the mono-product base of our economy, the agricultural sector, according to the experts, has the potential to diversify the country’s economy, create a significant number of small & medium businesses across the agricultural value-chain, ensure food security and create a new line of foreign exchange earnings. For the agricultural sector to grow and reach its full potentials, deliberate steps need to be taken – steps, which are not limited to increased access to funding for farmers, value-add industrial creation, introduction of innovative agricultural technologies and massive education of the youths about the entire agriculture value chain. In this episode of The Economy and You, Mr. Antti Ritvonen the Country Manager of Dizengoff Nigeria, will be shedding light on the huge potentials of the Agricultural sector.
03Mar2017
Enterprise Clinic on Air February 2017
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale Anifowose and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to , tweet us @edc4sme or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account).
02Mar2017
The Economy and You (Mrs Ore Sofekun)
SMEs often say access to funding is one of the main challenges that they face yet some investors will tell you differently. They have funds available but cannot find the right persons to invest in. Recently in Nigeria several types of investors have sprung up from Venture Capitalists to Angel Investors and they are solely focused on developing the SME sector. In this episode of The Economy and You, the president of Fund Managers Association of Nigeria (FMAN), Mrs. Ore Sofekun will be shedding light on the different funding options available to SMEs and what needs to be put in place to access these funds.
24Feb2017
Enterprise Stories - Mary Ephraim
Who says you have to invent a new idea before you become an entrepreneur? Spot a gap, fill it and create value to be an entrepreneur. Our story this week captures just that. Mary Ephraim never really set out to start a business of her own, a graduate of English and Literary Studies from the University of Calabar; she was comfortable with her job as a TV & Radio broadcaster. However, the entrepreneurial spirit which is in everyone kept burning particularly as she kept seeing gaps. In 2010, Mary decided to take the bull by the horn and set up Okhma and Homeland Films. Today her Okhma and Homeland is the official marketing company of the Calabar Carnival – Africa’s Biggest Street Party.
23Feb2017
The Economy and You ( Bayo Rotimi)
The Nigerian economy is experiencing its worst performance in almost 3 decade according to leading economist in the country. The combination of weak oil price, high inflation, reducing forex reserve and depreciation of the Naira is a situation no country would wish to be. Will the 2017 budget which has been tagged budget of growth and recovery live up to its billing? Will the 30% on Capital expenditure lead to the inertia needed to get the economy back on track?
17Feb2017
Enterprise Stories - Gladys Okoro
This week on Enterprise Stories, we feature the story of Ms Okoro Gladys, the “Rising Star” in the design industry as profiled by ThisDay and BusinessDay Nigeria. Gladys is the Founder of Brookhouse International Limited, an interior design and renovation company based in Lagos with expertise on custom home building, remodeling, historic renovations, luxury custom homes and green building technologies. The journey has not always been rosy for Gladys, but the drive for unusual success and thirst for good life kept her going. With no privilege of furthering her education and being a single mother she engaged in all sorts of menial jobs, hawked on the streets just to put food on the table. She worked with DW-Muree (an architectural firm) and Afrykey Konsult Limited where she gained experience in management and in 2010 started Brookhouse International Limited. Today, she is well known for the unique and eclectic style she brings to her various projects, including restaurants and bars, modern/luxurious homes, hotel chains and others. Tune in to Inspiration 92.3Fm or log on to edcradioonline.com this Tuesday February 14th to listen to Gladys share her inspiring story.
16Feb2017
The Economy and You Hajiya Aisha Abubakar
Have you often heard the cliché that SMEs are the engine of growth? Well in Germany not only is it true, Government action deliberately makes this happen! They support the “German Mittelstands” (SMEs) on key issues like investment in R&D, the skills shortage, foreign trade and investment, financing needs, company start-ups and company hand-overs. Little wonder, during the great recession 10 years ago, Germany actually exported more and unemployment decreased! Nigerian SMEs can play similar roles in stabilizing the economy. The Government must however build their capacity and support them as it is being done in most developed economies.
10Feb2017
Enterprise Stories - Tobias and Tituus Igwe
This week on Enterprise Stories we feature the Igwe Brothers, Titus and Tobias Igwe, founders of Speedmeals Mobile Kitchen Ltd, a food delivery services company in Nigeria. There are several reasons why people venture into business, for the Igwe brothers it was clear, if they didn’t do something to earn money they would go hungry after the loss of their father. The Igwe brothers engaged in baking and selling of cakes and snacks after several attempts at menial jobs. In 2004, they got a big break- a wedding cake, which didn’t go so well but they decided to keep at it and went on to acquire catering skills. In 2010, they launched Speedmeals mobile kitchen, this marked the beginning of their entrepreneurial journey. The brothers brought innovation into the way food was served.
09Feb2017
The Economy and You - Mrs. Ibukun Awosika
In the last 18 months, most businesses especially SMEs have struggled to remain profitable. The business environment has been nothing but harsh. Jobs have been lost and for those in employment, underemployment is becoming acceptable. Yet, job creation remains a top priority of this administration. How can we inspire the average Nigerian to venture, create jobs and grow the economy? Can supporting SMEs in a structured way both from policy to financing, capacity building to advisory services help in building a stronger SME ecosystem as it is been done in developed economies?
03Feb2017
Enterprise Clinic on Air January 2017
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Adegboyega and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to , tweet us @edc4sme or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
27Jan2017
Enterprise Stories - Victoria Oluwaseun Philips
This week on Enterprise Stories, we feature Victoria Oluwaseun Phillips, founder, Victro Concepts & Services Ltd. Victoria started her business about 20 years ago after she lost both parents at an early age while still in JSS1. Victoria grew up with her grandmother who taught her how to sell soup ingredients before she also passed away while she was in SS1. Victoria was forced to fend for herself with her friend Lanre who came to leave with her. They went back to selling pepper which she was doing with her grandmother before she passed away. At this point Victoria moved to Lagos with her Auntie who promised to see her through her secondary education. Unfortunately, her Auntie never enrolled her into any school rather she subjected her to serve her as a maid. This infuriated Victoria so much that she demanded for transport money from her auntie to go back to her village, Ilesha, Osun state. On getting to Ilesha, she couldn’t continue her education because her mates have been promoted to SS2, so Victoria went round doing all sorts of businesses for people to survive. This continued until she re- united with her friend Lanre who introduced her to her brother who eventually introduced Victoria to the bone meal business which she is doing till date. Though Victoria started this business many years ago, she registered it in 2015 and today employs over eight staff and her business has transformed into other aspects of bone business. Tune in to Enterprise Stories this Tuesday on Inspiration 92.3 FM or log on to edcradioonline.com and hear how Victoria managed her business challenges.
20Jan2017
Enterprise Stories - Nike Majekodunmi
This week on Enterprise stories, we feature an amazing story of Cakes, Family and Passion Nike Majekodunmi, graduated from Reading University where she studied Political Sociology and later masters in International Relations, she was gearing up for an exciting professional career. In 2007 while browsing on the internet, Nike saw a recipe for cookies and decided to bake for the family, their feedback excited her so much, and she made more for friend’s party. The cookies were the talk of the party and this started the cake journey. By 2010, her customer base was growing fast so much that her house was filled with boxes of cakes for delivery so; she registered the company name and started to structure the business. Today, Nuts About Cakes is a household name, employing 80 full time staff with two branches and also providing Café experience for customers. Tune in to Inspiration 92.3 FM or log on to edcradioonline .com this Tuesday 17th January at 3pm and listen to how Nike transited from an information seeker to a job creator.
13Jan2017
Enterprise Stories - Adetoun Abbi-Olaniyan
Our guest on Enterprise Stories this week is Adetoun Abbi – Olaniyan a Serial - Social Entrepreneur with a passion for innovation, entrepreneurship growth and development. She has two major businesses Doveland Travels et Tours Ltd and Maidville Consulting Ltd. Her passion to see the world, visit places and interact with different cultures and tradition led her to start Doveland Travels et Tours Ltd in 2003 while still in paid employment. Doveland focuses on tourism, travels, destination management and logistics. In 2015 she innovated a train tour – Ajalaexpress Train Tour which was modelled after seasonal train tours obtainable overseas. She started Maidville Consulting Ltd in 2012 out of her quest to design a business support platform for start-ups and entrepreneurs which focuses on developing value chain within a niche trade and facilitating export opportunities for MSMEs in Nigeria with special focus on Agri-business. Among her many entrepreneurial skills, Adetoun also created Zirtual hub, a business support platform for start-ups and entrepreneurs that provides professional Business Advisory, web solutions and other services.
06Jan2017
Enterprise Stories - Lanre Adeleke
Our first guest on Enterprise Stories this year is a young farmer, Lanre Adekeke, CEO Farmtropoli. A Serial entrepreneur, who though was born into a family of entrepreneurs, identified his entrepreneurial potentials very early in his university days and wasted no time in bringing it to bear. Lanre started a money lending business while in the university and also ran a video game club but realizing that neither the money lending nor the video game business would be sustainable, he decided in 2009 immediately after his graduation to go into poultry farming , a business he grew up to see his parents run successfully. While still nurturing the business, Lanre was lucky to win the Federal government grant in 2012 and this re -engineered the entrepreneurial spirit in him and also helped him to put some structure in place. In 2014, Lanre lost about 80% of his birds that just started laying eggs as a result of an infection but he remained undaunted but determined to succeed. So rather than wallop in misery, he restructured his business by reducing the number of staff, sought extra funding and started all over again. Today, Lanre has seven staff working with him and plans to commence processing and packaging of frozen cut – up chicken very soon. Tune in to Enterprise stories Live this Tuesday on Inspiration 92.3 FM or log on to edcradiononline.com at 3:00pm for another exciting and inspirational story of Lanre Adeleke.
27Dec2016
Enterprise Clinic on Air December 2016
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to , tweet us @edc4sme or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
23Dec2016
Enterprise Stories - Chioma Ukonu
This week on Enterprise Stories we feature the story of Chioma Ukonu the founder of RecyclePoints. RecyclePoints is a waste recycling and social benefit venture that is addressing Nigeria’s waste management crisis. It is an incentive based scheme designed to motivate citizens to recycle by creating value from their everyday waste. People who subscribe to RecyclePoints initiative deposit their home sorted recyclable waste items in exchange for Points. These Points are accumulated and used to redeem cash or household items offered through the iRecycle store. While on vacation in the UK with her partner in 2011, Chioma and her partner decided to research and understand waste management and recycling. They both sought the support of another passionate expert in Waste Management and after 13 months of research they were able to build a viable model for waste recycling cum social enterprise that will suit the Nigerian ethos. The outcome was incorporated in August 2012 and named RecyclePoints. RecyclePoints started operations with 4 staff and today has over 60 staff. RecyclePoints has over 6,500 registered subscribers loyal to its recycling scheme which currently operates in Lagos and Oyo States. Chioma Ukonu just recently won the 2016 Regional Finals of Chivas The Venture
16Dec2016
Enterprise Stories - Omolara Imoowo
On Enterprise Stories this week, we feature the amazing story of Omolara Imoowo, the founder of Larboni Cakes and Froghurts - a catering company that specializes in desserts and frozen yogurt. Although Omolara studied Economics at the university of Ibadan, she had always wanted to run her own business. Immediately after graduation she started a catering outfit called Sumptuous Meals which she ran successfully with her fiancé (now husband) until she started having babies and had to slow down from work. The period of having of having babies and being a full-time housewife was very excruciating and boring because Omolara knew she could a lot more creative things with herself, but knowing exactly what to do was the challenge. She started a make-up business after taking a few classes in the US but the business did not last because she was not really passionate about make-up. She had to do a total self-examination and decided to follow her passion which cakes and desserts no matter how strenuous it was. This will to make things happen at all cost led to the birth of Larboni Cakes and Forghurts. Starting out with 2 staff, today Larboni has 5 staff and has a huge repertoire of clients such as Silverbird Cinemas, UPDC, Nigerian Bottling Company, Olam NIGERIA limited, SLOT Nigerian limited and a host of others.
09Dec2016
Enterprise Stories - Darlington Njoku
This week on Enterprise Stories we feature the story of Njoku Darlington the founder of Orion Environmental Services. Darlington is a graduate of Zoology from the Michael Okpara University and has a Master’s Degree in Conversation of Natural Resources. Darlington had always been involved in running businesses from his days in the university. After graduation he worked with an Insurance company for a period and soon discovered that there was a lack of core professionals in the Pest control business in Nigeria, so he decided to set up one himself. He went for trainings and certifications and then registered his company in 2010. Darlington carved a niche for himself by focusing on the Hospitality industry. He began the journey with 2 staff and today has about 15 staff. They have offices in Lagos, Abuja and Port Harcourt and service a number of the top hotels in these locations.
02Dec2016
Enterprise Clinic on Air November 2016
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to , tweet us @edc4sme or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
25Nov2016
Enterprise Stories - Mesturah Shittu
This week on Enterprise Stories we feature the story of Mesturah Shittu a graduate of Chemistry turned Carpenter. Mesturah discovered that there was more to her purpose than ending up as a lab chemist after completion of her 6 months Industrial training. She was restless after the completion of the training and began to ask questions on how she can be who she's called to be. She discovered her passion in furniture after completion of a supply of office furniture when she was in her 4th year in the university. Since then, Mesturah has undertaken several capacity building trainings in Interior designing and Carpentry. She founded Turahfrique Interiors Ltd in 2007 and incorporated in 2008 and Spaces & Wood Ltd which was incorporated in 2016. Today, she has 8 full time staffs and supervises over 75 workers and artisans on different projects. Recently Turahfique was distinguished and won the award as the African Best Premium Quality Interior Designer and Furniture Company of the Year 2016. Join us on Tuesday 22nd November at 3pm on Inspiration 92.3Fm or log on to edcradioonline.com to listen to Mesturah share her story on how she moved from the Chemistry lab to the Carpentry workshop.
18Nov2016
Enterprise Stories - Teni Majekodunmi
This Week on Enterprise Stories, we feature Teni Majekodunmi, Founder & Creative Director, Eclectic Chique. After Teni’s graduation from law school in 2005, she registered a legal & environmental consultancy company that focuses on climate finance in 2009 but in 2012, tragedy struck in her family and this changed her perception about business thus, her desire to turn her long nurtured passion into a viable business was rekindled only this time, with more focus on the social angle of the business for both women and men. Teni started the business being the only staff but today, she has a total of 43 staff and her creativity and doggedness has worn her several awards amongst which are the Young African Leader Initiative 2012 and President Obama Town Hall Leader 2014.
11Nov2016
Enterprise Stories - Yetty Williams
This week on Enterprise Stories we feature the story of Yetty Williams, the founder of lagosmums.com, one of the first online communities for mums and parents raising kids in Lagos. Yetty started Lagosmums.com in the year 2011. The idea came when she started giving birth and there was no locally relevant resource that addressed parents in Nigeria online but there were lots of foreign stuff. Having identified this gap, Yetty started a blog that provides information about parenting in Lagos, kids, finding the right schools, domestic staff etc. Lagosmums.com started as a hobby until a major FMCG company who recognized her niche market and approached her to promote their new product. This was the aha! moment that propelled Yetty to see lagosmums.com as a viable business. Today, lagosmums.com has grown from one staff to 20 staff. Lagosmums.com has a repertoire of mums who rely on them for almost everything. Join us today, Tuesday 8th November on Inspiration 92.3fm or log on to edcradioonline.com to hear the inspiring story of lagosmums.com.
04Nov2016
Enterprise Stories Joyce Olagesin
Joyce Olagesin, the Director and Country Business Manager of Strika Entertainment Nigeria Limited is our guest on Enterprise Stories this week. Strika Nigeria Limited is an edutainment company which for over 15 years has educated and entertained pre-teens and young adults using comic. The young adults find these highly graphic and colorful comics very attractive and this brings excitement, making it very easy for them to learn using the comics. With 15 staff on its payroll, Strika has moved from just comics to animation and are going digital so as to reach a larger audience. To learn more about Joyce and the Strika team, join us this Tuesday, November 1st on Inspiration 92.3 FM or log on to edcradioonline.com at 3pm.
28Oct2016
Enterprise Clinic on Air October 2016
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts today at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to , tweet us @edc4sme or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
21Oct2016
Enterprise Stories - Ikeolu Biobaku
Our guest on Enterprise Stories this week is Mrs. Ikeolu Biobaku, the founder of Mix n’ Bake confectioners – a top confectioneries company in Lagos. Ikeolu had always been passionate about baking and cooking from when she was young, she would try her hands on everything about food to the extent that her father had to buy her an oven at her young age. Home Economics and Food & Nutrition were her best subjects in secondary school. She usually waited with the teachers to clear up after each practical session at school. Despite her glaring passion for baking, her parents wanted her to study Engineering or Accounting in the university but Ikeolu studied Economics at the University of Ibadan. After graduation she worked with one of the banks until she attended a seminar titled” turning your hobby in to business”. This sparked off Ikeolu’s entrepreneurial journey and made her to leave the bank job and pursue her passion. In 1999, she opened up Mix n’ Bake confectioners and worked from her house with her house- help as the only staff. In 2000, Ikeolu, registered her business, Mix n” Bake and the business has blossomed to one of the leading confectionaries with a full- fledged training school. Today, Ikeolu has 36 staff working for her and the mastery of her craft has earned her more than eight exhibitions in Nigeria and also some scholarship trainings abroad. . Tune in to Inspiration 92.3 FM or log on to edcradioonline.com this Tuesday at 3pm to listen Ikeolu share her success story.
14Oct2016
Enterprise Stories - Bunmi Davies
This week on Enterprise Stories we feature the story of Bunmi Davies; a Banking and Finance graduate turned entertainment guru. Bunmi always had an interest in entertainment right from his days in the university, as an undergraduate, he was organizing shows and events. It was no surprise he registered Afrotainment in 2000 right after graduation and soon after commenced Productions in the year 2002 , he had spotted a gap in the entertainment industry. Bunmi turn entertainment into a money spinner and today his dream has been actualized. Afrotainment production is the brain behind the popular comedy show “Stand up Nigeria”- a platform that has helped discover the new generation of Nigerian comedy stars. Afrotainment has produced nearly 100 shows since inception. In 2011, Bunmi participated in an international film festival competition called VISCOM and out of the 200 participants that entered from Africa for the competition, Stand –up- Nigeria was amongst the three finalists. Aside from organizing events, Afrotainment is also into the production of radio and TV documentaries and film production amongst others. Although Bunmi started and ran the organization alone in the early days, today he has more than 50 people working with him. To know more about the exciting journey of Afrotainment Productions and how he turned his love for comedy to business, tune in to Inspiration 92.3Fm or log on to edcradioonline.com this Tuesday at 3pm.
07Oct2016
Enterprise Stories - Maymunah Kadiri
This week on Enterprise Stories, we feature the story of Dr. Maymunah Yusuf Kadiri, a Consultant Neuro-Psychiatrist and the Medical Director of Pinnacle Medical Services, a health and wellness Centre. In 2010, Dr. Maymunah embarked on a journey that changed her view about mental health. After experiencing firsthand the challenges faced by her senior colleagues who upon completion of their residency program as Consultant Neuro-Psychiatrists ended up without jobs, she was challenged to take her destiny in her hands by registering Pinnacle Medical Centre in 2011 as a business while still working as a resident doctor. In 2012, at the completion of her residency, Dr. Maymunah opened a small office with two staff where she offered counseling and psychotherapy sessions. Today, Maymunah has being able to expand her workforce to 15 full time staff and offers a range of innovative services including Africa's first online health radio and has leveraged technology to reach her market with Pinnacle Medical. Maymunah is a Goldman Sachs scholar and Vital Voices Grow program alumni. Tune in to Inspiration 92.3 FM or log on to edcradioonline.com this Tuesday, October 4th, at 3:0pm and listen to Dr. Maymunah talk about the how she explored business opportunities in mental health and offers insights into the importance of stable mental health for business success.
30Sep2016
Enterprise Clinic on Air September 2016
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts today at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to , tweet us @edc4sme or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
23Sep2016
Enterprise Stories - Olutele Ogundipe (Food Convee)
This week on Enterprise Stories, we feature the story of Mrs. Olutele Ogundipe, the founder of Food Convee - a food packaging company based in Lagos. Tele is a graduate of Agriculture from Obafemi Awolowo University. As a Plant Science major she has always been concerned about the poor food handling processes in open markets and the stress involved in cooking traditional meals. Having worked as a manager in Wimpy International fast food restaurant chain in London, she was exposed to high quality food processing practices, this coupled with the fact that her mother, a British trained nurse, always ensured that cooking was done under strict hygienic conditions, led to the birth of Food Convee. Tele opened Food Convee shop in 2008 with help from her family and friends, and hasn’t looked back since then. Plant Science, Raw food packaging and a handshake with the President, tune in to Inspiration 92.3 FM or log on to edcradioonline.com this Tuesday at 3pm to connect the dots.
16Sep2016
Enterprise Stories - Mr&Mrs Owoeye (Venue Compass)
One of the most important aspects of planning an event is getting a venue for the event and this just got easier. On Enterprise Stories this week, we feature the amazing story of Mr. & Mrs. Owoeye who run an online events center booking company called Venue Compass. They first had the idea of setting up Venue Compass 5yrs ago when they were planning their wedding. They both resided in Lagos but the wedding was to take place in Ondo state. They were able to get everything they needed for the wedding here in Lagos except the venue. This meant that they had to take time off work and travel all the way to Akure to look around for venues. According to Mrs. Owoeye, that was some unnecessary investment of time, energy and resources. Knowing that this was a gap that needed to be filled, after the wedding, they went on to gather information about the technical and operational aspects of setting up an online business, fast forward a few years later, Venue Compass was launched. Venue Compass provides users the convenience of searching and booking venues for their events from the comfort of their homes. As at today, over 1,000 event centers across several cities in Nigeria are registered on venuecompass.com. Join us this Tuesday at 3pm on Inspiration 92.3 FM or log on to edcradioonline.com to listen to the inspiring story of the entrepreneurial couple.
09Sep2016
Enterprise Stories - Tolu Erogbogbo (Cookie Jar)
Tolu Erogbogbo is the CEO of Cookie Jar, one of the leading confectioneries companies in Nigeria. Tolu always had an entrepreneurial mindset and as soon as he graduated in 2009, he set up his first business which he sold 2 years after to start another business in real estate and alternative energy. But within a short period it folded up. This frustrated and left him idle for some time. While he was pondering on what to do next, he had a dream about baking cookies, but didn’t understand what it meant. During the ‘’Occupy Nigeria’’ protests that left all Nigerians locked at home, he called his mum and poured his heart out and mentioned the dream, her response was Tolu, "go and bake me some cookies". Tolu grabbed a cook book, headed for the kitchen and the rest as they say is history. This was the birth of Cookie Jar. Today, Cookie Jar operates in 3 locations, has an off the shelf range of products for sale at supermarkets like GAME and has developed an online website which is arguably the best confectionary website in Nigeria.
02Sep2016
Enterprise Clinic on Air August 2016
This Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts today at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to , tweet us @edc4sme or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
26Aug2016
Enterprise Stories - Omomene Odike (U-Connect HR Ltd)
Our guest on Enterprise stories this week is a lawyer turned Human Resources Practioner. Mrs. Omomene Odike is the CEO of U-Connect Human Resources Ltd, one of Nigeria’s leading human resources companies. In 2009, after having practiced law successfully for some years, she started U-Connect and in the last 10years, the company has maintained a steady annual growth rate of over 500%, placed more than 4,000 outsourced staff nationwide and has had her staff strength increase from 4 to 46. 2013, less than 5years after the company started, it was recognized by Allworld Network USA, Michael Porter of the Harvard Business School in conjunction with Tony Elumelu foundation as one of the 50 fastest growing private firms in Nigeria. She also received a Certificate of Excellence from the Allworld Summit in Harvard, USA in the same year. In a bid to revolutionize HR services, Omomene launched Gr8jobsng, a HR service platform to provide online services to Jobseekers and Employers with particular focus on the SMEs using technology.
19Aug2016
Enterprise Stories- Fadesola Adedayo ( Bia Foods Ltd)
Where do business ideas come from? Some from hobbies, interest but mostly from necessity. This week we feature the story of Fadesola Adedayo, who spotted an opportunity out of necessity. Bia Foods limited has structured itself well to attract investment. “The idea for the business originated after a heavy workout, when, Fadesola was walking about in Adeniran Ogunsanya Mall, in Surulere and as he was looking for a nutritious and tasty post workout snack and couldn’t find any, he realised that there was a gap in this business sector in Nigeria and also in Africa and this informed the birth “Bia Foods Ltd.” Today, Bia Foods employs five staff and has recently acquired more equipment for the expansion of frozen yogurt and smoothie. Tune in to Inspiration 92.3FM or log on to edcradioonline.com this Tuesday at 3pm to listen to Fadesola tell his Entrepreneurial journey in the food &drink sector.
12Aug2016
Enterprise Stories - Adeloye Olanrewaju
This week on enterprise stories, we feature the story of a young Medical Physiologist who found himself in the social space having witnessed the agony of a mother whose child suffered from polio. Adeloye Olanrewaju served as an intern in his 3rd level at the University at a basic primary health Centre, Nigeria which served over 12,000 pregnant moms and newborns weekly and in the first week on his internship, he recorded lots of maternal and infant mortality at the Centre and this re-confirmed his decision to play in the social space. After his graduation in 2014, Lanre decided to register his foundation, Safer Mom in 2015 where his mission is to increase access to healthcare for new and expectant mothers via SMS, voice technology and mobile apps. His foundation provides real time patient engagement solutions for key care providers to improve health care delivery to mothers. Today Lanre has 3 people working for him and has reached over 7,000 women with the Safermom solution. He has travelled far and wide and in his quest to educate and canvas for more health care awareness for pregnant mothers and their children. Lanre is one of the “Queens Young Leaders” hosted by the queen of England recently at Buckingham Palace.
05Aug2016
Enterprise Clinic on Air June 2016
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved! The Panel: Olawale Anifowose, General Manager, Enterprise Development Centre/Anchor Adebayo Ogunnusi, Group Head, SME Heritage Bank Bayo Rotimi, C.E.O, Quest Advisory Services Ltd Will be on Inspiration 92.3 fm at 3pm today, to take your questions and give useful tips.
29Jul2016
Enterprise Stories - Lily Aninyei (The Greenroom)
This week on Enterprise stories we feature the story of a young lady who turned an opportunity to help out a friend into a hospitality business. In 2009, Lily was working in a beverage logistics company but wanted to do more with herself, she had a conversation with a friend who was planning an entertainment event with some popular artistes. Lily was asked to come to the venue and see what she could do, she decided to take some drinks and ice along to sell in case they could not find anything for her to do, Lily ended up satisfying all the artistes and they all soon started asking her to come to their events, this was the birth of the Greenroom. Today, Lily travels all over Africa providing services to top rated artistes and have become a full concierge business.
22Jul2016
Enterprise Stories - Aghedo Blessing (Blenco Business Ventures)
Getting to the top requires sacrifice, hardwork and dedication. These 3 attributes clearly defines the story of our guest on enterprise story this week. Coming from a background with little financial support, Mr. Blessing Aghedo CEO of Blenco Business Ventures started doing menial jobs at an early age to support his education and his family. He had to stop schooling when things became so tough and started apprenticeship with a business owner. After his apprenticeship, he opened up a kiosk at Oshodi in Lagos which he managed with one staff. That was the beginning of great things to come. Today, Blenco Business Ventures has grown into 3 major outlets in Lagos with over 135 staff. Tune in to Enterprise Stories tomorrow on Inspiration 92.3 FM or log on toedcradioonline.com at 3:00pm and listen to Mr. Blessing Aghedo his inspiring story of success.
15Jul2016
Enterprise Stories - Tunde Obileye (Great Height Property & Facility Mgt)
On Enterprise Stories this week, we feature a Lawyer turned Facility Manager. Tunde Obileye is a member of British Institute of facilities Management (BIFM) who started his career as a law practitioner. In 2010, Tunde returned to Nigeria and having spotted a gap in the maintenance of our national monuments and infrastructure, decided to register his business to provide a lasting solution to this prevailing environmental problem. Tunde Obileye, the CEO, Great Heights Property and Facilities Management Limited, started his company with only two staff but today, he currently employs 20 permanent staff and over 30 contract staff. As the vice – chairman of BIFM Nigeria chapter, Tunde through his weekly Colum in one of the national Newspapers, deliberately creates the awareness on the importance of proper facilities management of our infrastructures in Nigeria.
14Jul2016
The Economy&You - Anuoluwapo Eso
MSMEs are the engine of job creation in Nigeria. With so much emphasis on Government as panacea to our economic and other difficulties, small businesses are often underestimated because, they are in fact, small. The truth is there is nothing small about the impact they have on the Nigerian economy. Recognizing the indispensability of the small-scale, private sector enterprise as the dynamic impetus for general economic development, many countries have instituted enterprise support networks and structures to fuel the development of these enterprises. Nigeria is not an exception in this regard. Join us on The Economy and You as Mr Anuoluwapo Oladele Eso, Founding and Managing Partner of ANU ESO & CO (AECLEGAL), sheds light on Government Incentives for SMEs and the Legal framework for creating jobs.
08Jul2016
Enterprise Stories - Samson Adamu
This week on Enterprise Stories, we feature a young man who dropped his search for a job after his Master’s degree and made a success out of soccer. Samson Adamu always loved football particularly with friends on the beach. This led Samson to register Kinetic Sports Management in 2010 and organized the first Copa Lagos beach soccer in 2011. Since then he has organized a total of 6 tournaments. Today, Kinetic Sports Managements has attracted participants from England, Brazil, Argentina, Ivory Coast and Lebanon in the last 4years .It also partners with Lagos State government on youth engagement and sports development . With about a total of 23 staff, Samson has successfully taken Copa Lagos beach soccer to an enviable height. Tune in to Enterprise Stories tomorrow on Inspiration 92.3 FM or Log on to edcradioonline.com , at 3:00pm and listen as Samson Adamu share his success story.
07Jul2016
The Economy&You - Tekena Koko
Many of us feel that gold is way out of reach, and it is only for the affluent. What we don’t realise is that Gold is traded all over the world, in small units of measurement; so you don’t have to buy a gold bracelet, you can simply buy as low as 1gram! This level of affordability makes gold accessible to small and medium sized investors. These investors would usually be SME’s who wish to save some of their cash earnings, but find that typical bank deposit rates are much lower than inflation, and the Stock Exchange is perhaps rather volatile, and at this time bearish. Investment in gold as an asset is a real possibility. Over the past month the price of an ounce of gold increased by 9%. This is a pointer to the intrinsic value of the metal. Nigeria is not just blessed with gold deposits, but an active market for gold as a fashion accessory.
01Jul2016
Enterprise Clinic on Air June 2016
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923.
30Jun2016
The Economy&You - Wole Famurewa
Some analysts have described the recent policy unveiled by the Governor of the Central Bank of Nigeria to float the Naira in foreign exchange transactions as a measure that would promote economic growth. It is the belief that this new policy will cleanse the old system whereby FOREX trading in the country was loosely regulated. With the new flexible foreign exchange policy barely a week old, the Central Bank of Nigeria has appointed 16 banks as primary dealers. The idea is for the new forex regime to markup revenue estimate by over N1.0trn. What could be the limitations or benefits of these measures?
24Jun2016
Enterprise Stories - Tenidade Eboda
This week on enterprise stories, Tenidade Eboda will share her story on how she successfully started a business in Event Safety Management despite being a founder and partner in a law firm. In 2002, Tenidade was called to bar and soon started her law firm. Although the firm was doing well, Teni nonetheless found herself drawn to the management of safety in events. Her interest in safety had started early in life as a result of the many scars and injuries she sustained growing up. She understood very quickly that accidents happen as a result of not placing things in proper places, and soon became an advocate for safety in events. In 2006, she registered Events Basics Limited and not long afterwards was partnering with the State government on safety management. Today, her events safety management business has earned her a seat on several boards and a consultancy with Lagos State Safety Commission on Event Safety Management. Tune in to Enterprise Stories on Inspiration 92.3 FM or log on to edcradioonline.com tomorrow at 3:00pm and listen to Mrs Tenidade Eboda share her experience advocating for safety at all events.
23Jun2016
The Economy&You - Tonye Cole
The youth is the recognizable driving force of every economy, as they form the core of the national workforce. Nigeria is blessed with a predominantly youth population. Official figures from the National Bureau of Statistics put youth population (aged between 15 and 35) at 70 million people; accounting for 42% of the country’s population. However, despite the potential of the large population, our youths are still far from living up to their potential. Join us on this episode of the Economy and You as Mr. Tonye Cole, co-founder and executive director of the Sahara Group, Founder, the Nehemiah Youth Empowerment Initiative sheds light on the huge economic benefits if the potentials of the youth population are optimally harnessed.
17Jun2016
Enterprise Stories - Uchechi Arinze
This week on Enterprise Stories we feature an award-winning fashion designer, Uchechi Arinze, a young lady who was driven by passion to abandon a career in Architecture to follow in the footsteps of her mother in fashion designing. Uchechi Arinze always admired her mother’s work and would spend time with her every time she came home on holiday, cutting fabrics. After her graduation Uchechi didn’t think twice about enrolling for a fashion school and soon started her own fashion business in 2010. The same year she was the 1st runner-up of the Lagos Design Accord Competition and used the prize money to acquire the first set of equipment she started her business with. Today, Chechi Arinze Fashion has won a few more business competitions and has a fully equipped factory that produces Nigerian made women clothing line that can compete globally.
16Jun2016
The Economy&You - Oladotun Togun
Nigeria has witnessed high levels of insecurity challenges in the last few years. These crises have come in various forms - communal, religious, political, and socio-economic, with varying degrees of casualty. However, the greatest casualty has been the economy. Many views have been directed towards the security issues from both the international community and within Nigeria. Insecurity in any society kills economic development and hinders investors from exploring business opportunities. Nigeria has been hit by insecurity and this has direct or indirect implication for economic growth.
10Jun2016
Enterprise Stories - Busola Oyebadejo (Powergen Ltd)
This week on enterprise stories, we feature a lady in a male dominated business. Busola started out her career in the Banking sector before joining a power solutions company as a marketing executive for 15 years. Busola was forced to leave the business as the owners decided to fold up operations in Nigeria. Within a short period, she gained another employment, the clients from the previous business kept calling her for solutions to their generator and power challenges. This went on for a while, at some point the light bulb flashed for Busola and in 2008 she set up Power–gen solutions Ltd. Today, Power- gen solutions limited employs 20 staff and provides power solutions to 200 companies and individuals. Tune in tomorrow Tuesday, at 3:00pm on Inspiration 92.3 FM or log on to edcradioonline.com for Enterprise Stories and hear how Busola Oyebadejo has succeeded in a male dominated business.
09Jun2016
The Economy&You - Capt. Matthew Ekeinde
The aviation sector plays a key role in the growth of any economy. With 27 commercial airports scattered across the country the sector contributed about $0.7 billion (N137.9 billion) to the Nigerian Gross Domestic Product (GDP) by May 14, 2014 despite the challenges facing the sector. As one of the most attractive African destinations for foreign airlines, there is huge potential in the sector but unfortunately, the current state of the economy is hindering the operational stability in the sector due to high exchange rates, unavailability of forex, and the chronic shortage of aviation fuel. Join us on Rhythm 93.7 FM this Sunday at 6:15pm as Capt. Matthew Ekeinde, a renowned pilot in the Nigerian aviation sector opens up on the horizon in the aviation sector.
03Jun2016
Enterprise Stories - Yinka Okeowo (Magna Events)
This week on Enterprise Stories we feature a lady with an amiable personality who leveraged on her God-given talents, natural skills and flair for organizing things to startup a business 5years ago. As a child, Yinka Okeowo found joy in taking care of others, she loved entertaining guests and organizing the home. These natural values would later be very useful to her. After her Master’s degree in the UK in 2009 she moved back to Nigeria and served with a multinational in Lagos, when her service year ended, she was back searching for a job. During this period, Yinka kept herself busy with organizing free events for close family and friends; this gave her the confidence to launch Magna events. In just a few years, Magna Events has successfully organized more than 300 events for large companies and high profile individuals in Nigeria and internationally. Magna has built a strong team that has brought a new flavour to the events management business.
02Jun2016
The Economy&You - Bolaji Ososami
The discovery of oil in commercial quantity in Nigeria in 1958 was a blessing, this brought a lot of prosperity to the people and oil became the key export commodity of the country. Unfortunately while oil prospects increased other sectors that grew the economy in the past, like agriculture and solid minerals, were neglected. The over-reliance on oil turned Nigeria into a monolithic economy making the effect of the recent slump in global oil prices particularly drastic. Official data shows that the sector currently accounts for more than 90% of total exports and 70% of government revenue. However at the end of year 2015, the sector made a paltry contribution of 10.45% of the real GDP. The sudden decline in oil price had trickling effect on other sectors of the economy, however it is worthy to mention this isn’t the first time. As the price per barrel edges upward of $50, what are some of the effects of the slump and in general the oil sector on the Nigerian economy?
27May2016
Enterprise Clinic on Air May 2016
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on EnterpriseStories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
26May2016
The Economy&You - Baba Ikazoboh
A productive workforce of a nation brings about economic growth. Manpower development involves investment in education, training and the presence of other social services that impacts the capacity of the workforce. In Nigeria, a clear strategy for the development of manpower to propel the nation’s economy remains elusive. Nigeria currently ranks 152 out of 188 in the Human Development index, and this data mirror the state of human development indicators like health, education and the standard of living. It is noteworthy that without proper investment in education and training, Nigeria’s ranking will remain low. Manpower development has remained challenged for several reasons; education at the tertiary level and vocational training are top issues. With 10.4% unemployment rate and 50% youth unemployment rate and 300,000 young graduates joining the labour force yearly, it becomes critical to find solutions that can build proper manpower to grow the Nigerian economy.
20May2016
Enterprise Stories - Debo Thomas (Hastom Global Services Limited)
In recent episodes of enterprise stories, we have featured interesting entrepreneurs in the agricultural sector. This week we feature another story in the sector; a young man who transformed his real estate business into an agric business. Debo Thomas, the CEO of Hastom Global Services Limited, never took up a paid employment after leaving school, rather he ventured into several businesses, particularly in the information technology space. In 2010 he started a real estate business in Ogbomosho Osun State where, over time, he found competition very stiff and even considered shutting down. One day he came across a quote that inspired him: ‘the more the risk the more the reward’. This prompted the innovation of focusing on agricultural real estate. Today, with 11 full time staff, Debo has sold over 1000 hectares of land, and has been helping his clients set up and manage the farms.
19May2016
The Economy&You - Michael Akindele
As the economic climate in the country becomes more challenging, it has become more imperative for SMEs to adopt strategies that can help bring better returns for their businesses. One of the biggest challenges SMEs face is deciding on the most suitable marketing that could help them generate good patronage for their businesses.
12May2016
The Economy&You - Augustine Uddin
SMEs do not only depend on funding, but also on the creation of an enabling environment for their businesses to thrive. One of the factors that help businesses to survive is the nature of the national budget. With the passage of the 2016 Nigerian Budget, one wonders the opportunities therein for the SMEs and the players in that sector. Join us this Sunday on Rhythm 93.7 Fm as Mr. Augustine Uddin, the Chief Economist, First Bank of Nigeria will be discussing various opportunities for SMEs.
12May2016
Augustine Uddin
SMEs do not only depend on funding, but also on the creation of an enabling environment for their businesses to thrive. One of the factors that help businesses to survive is the nature of the national budget. With the passage of the 2016 Nigerian Budget, one wonders the opportunities therein for the SMEs and the players in that sector. Join us this Sunday on Rhythm 93.7 Fm as Mr. Augustine Uddin, the Chief Economist, First Bank of Nigeria will be discussing various opportunities for SMEs...
10May2016
Enterprise Stories - Adegboyega Adesida (Charm Horizon)
How do you measure success or achieve fulfillment in life? This week we feature the story of Adegboyega Adesida, CEO Charm Horizon International Farms Ltd. He started his own farm business after working in both private and public agro sectors of Nigeria. Gboyega graduated from Olabisi Onobanjo University where he studied Animal production & Health in 2003, he emerged as 2nd best corper in 2004 in Jos where he served. This got him employment offer at the Federal College for Animal Health and Production Technology and by the state government. He also worked for Animal Care Konsult in Ibadan for some time. However, Gboyega didn’t feel fulfilled and so wanted to explore the 3rd option which was, to start his own business. Gboyega believed he could add value to the agriculture sector with his experience and knowledge; he set up Charm Horizon International Farms, growing staples & vegetables on a large scale and supplying them to hotels, restaurant & grocery stores. He has his first physical store in the highbrow Banana Island, Ikoyi. He currently employs 16 people and is in partnership with National Youth Service Corps (NYSC) to expose other young graduates to agriculture.
06May2016
Enterprise Stories - Adesuwa Ojumola (Blue Spa)
Our story this week reflects the fact that everyone has an entrepreneurial spirit; it only needs to be awakened. It was a eureka moment when Adesuwa suddenly realized that most of the business ideas she helped people to refine always materializes into big business. So she decided to resign from her paid employment to start her own business. Hinging on her innate creative ability, she applied to a technical school where she acquired practical knowledge in manufacturing of body and Spa treatment creams, liquids soaps and perfumes. In 2011 Adesuwa started running her business. She began with 2 staff and her home doubled as her factory. She registered her company - Blue Spa in 2012 after winning a grant from the Federal government Youwin competition for entrepreneurs. Today, Blue Spa employs 9 staff and engages several contract staff as the need arise. She also supplies her products to the major Spas across Nigeria.
05May2016
The Economy&You - Akin Sodipo
Oil and natural gas currently accounts for 91% of Nigeria’s total exports while solid minerals, agricultural produce, industrial products, consumer goods and other recordable exports make up the remaining 9%. Agriculture was the cornerstone of Nigeria’s economy up until the oil boom. And agricultural produce were the main export commodities and the key foreign exchange earner for the country. They included cash crops like cocoa, palm oil, groundnuts, rubber, corn, millet, sorghum, and livestock products. In fact as at 1970 agricultural exports accounted for 42% of the nation’s total exports and 48% of her GDP. Those were the days of the groundnut pyramids in the north. Then Nigeria became the largest exporter of palm oil and palm kernel, she was ranked second to Ghana in cocoa exportation, and was the third highest exporter of groundnut. With the sustained slump in oil prices Nigeria is currently diversifying her economy, and is keen to develop her other export potentials. The agricultural sector is being revamped and the solid minerals sub-sector is receiving more attention. The private sector has also seized the initiative and is driving exports, especially the export of agricultural products, renewable resources and food items. Entrepreneurs and SMEs have vigorously been exploiting the immense untapped potentials in these areas and their efforts have started to have a clear effect on the economy. Moreover a whole new range of products are being traded in the international markets.
29Apr2016
Enterprise Clinic on Air April 2016
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923.
28Apr2016
The Economy&You - Adeyemi Adewole
59,000 Nigerian women die every year from pregnancy and childbirth according to the Center for Reproductive rights, and 1 in every 8 children dies before the age of 5. In Nigerian hospitals, kidney related diseases account for about 20% of deaths and malaria kills about 180,000 annually according to WHO data. These are disturbing statistics as a sizeable percentage of the Nigerian populace do not have access to good health care services. On the bright side, the current government at the center seems to have made healthcare delivery a priority. For one, they have promised to build or equip 10,000 primary health centers across the country with a budgetary allocation of 3.5% of the 6.07 trillion Naira budget for 2016. On the other hand the private health sector has also recorded a boost in their capacity to offer solutions with new entrepreneurs bringing in innovations with multinational specialist care centers opening up in different Nigerian cities.
22Apr2016
Enterprise Stories - Temitope Olagbegi (Sixth Sense Decor)
Many successful businesses had the owner exhibit entrepreneurial traits early in life. This week we feature a fine example-Temitope Olagbegi, CEO of Sixth Sense. As a little girl she always enjoyed enhancing the aesthetics of her parent’s living spaces. This love saw her taking the initiative to start a boutique thereafter a nail studio and finally a supermarket by 1997- while still in University! Immediately after her graduation in 2001 she registered Sixth Sense and went fully into interior and space design business Today without taking loans, Tope has grown the business to have 5 branches and 23 full time staff, Sixth Sense is on its way to become a top interior design retailer in West Africa.
21Apr2016
The Economy&You - Adefunke Adeyemi
Civil aviation is a critical element in Nigeria's transportation system and indeed its economy. Nigeria has twenty (20) airports and many regulated airstrips and heliports; 23 active domestic airlines; 554 licensed pilots; 913 licensed engineers and 1700 cabin personnel. Nigeria being Africa's most populous country is an important destination for over 22 foreign carriers. This concludes that the aviation industry is indispensable to the socio-economic development of Nigeria and the growth of the sector would lead to greater gains for the overall economy. In recent years, domestic and overseas passenger traffic has risen steadily at an average of 10% per annum and Murtala Muhammed International Airport (MMIA) Lagos, the Nation's main gateway, accounting for over 60 per cent of the total passenger and aircraft movement. The consistent rise in passenger and aircraft has spun a thriving service industry. Despite the challenges airline operators in Nigeria face; such as high cost of operation and maintenance, insufficient financial resources and poor response to emergencies, the aviation industry is continuously growing and contributing to the nation’s GDP.
19Apr2016
The Economy and You Breakfast series
SMEs chat with the DMD of First Bank, Gbenga Shobo.
15Apr2016
Enterprise Stories - Eseoghene Odiete (Hesey Designs)
Failure is not necessarily a bad thing, depending on the side of the coin you look at it. This week we feature the story of Eseoghene Odiete whose attempt in a business plan competition didn’t go as planned but propelled her for greater success. Eseoghene Odiete, is the founder & Creative Director of Hesey Designs, a fashion accessories business. In 2013, Ese started her business with little experience right after graduation from the university. She was using African fabrics to make fashion accessories with high quality. In 2014, she applied for a business competition but wasn’t successful, this experience propelled Ese and made her even more determined to succeed. Today, Ese has grown the business, employs 7 full time staff and has been named one of Africa’s 25 best entrepreneurs under 25 in 2015, 40 under the Nigerian entrepreneurs by B12 watching, winner in British Council Enterprise challenge, winner, google Africa Connected awards in 2014. She was made brand influencer for Sprout by HP and also part of the Coca Cola a billion reason to believe in Africa Campaign. She even designed Richard Branson’s shoes, for Virgin Atlantic 30th Anniversary. Ese also now has a speaking engagements locally and internationally and has now set up a Centre to encourage other young Africans. But how did she get to this point.
14Apr2016
The Economy & You - Temilola Adepetun
The retail sector is the glue that binds economic activities together because it connects the final consumers to products from the producers. The impact of retail in Nigeria cannot be over-emphasized because anywhere in the world, it is a major driver of the economy. “Globally, retail trade accounts for 27 per cent of the world’s GDP, which means we have about $19tn of retail sales each year and in the last two years , the Retail Market attracted about N205.4bn ($1.3bn) investment in Nigeria , according to the former Minister of Trade and Industry. With Nigeria‘s current attraction to foreign companies and multinationals, consumers are exposed to a wider range of products—including the private labels of some of the biggest companies. However, demand for the basics are still far greater than items perceived to be luxury goods and the question being asked is, how many percentage of all the processed foods produced within and imported into the country are registered with the appropriate regulatory body / council before they mount the shelves in our malls and supermarkets or been distributed to the end users. In this first episode of the Retail sector, our guest, Mrs Temilola Adepetun, the founder of School Kids Shop a facilitator on soft skills for SMEs and a Consultant specializing in training, development, will help us understand the importance of the retail sector the economy and the need for both the public and private sectors to work together so as to fully develop Nigeria’s retail sector.
08Apr2016
Enterprise Stories - Morenike Okupe (Malas Foods)
How do you spot an opportunity? Most people might not see an opportunity even when it is staring them in the face! This week on Enterprise Stories, we will feature the story of Morenike Okupe, CEO of Malas Foods, who spotted an opportunity and grew it to become a multimillion naira business. In 1992 Morenike Okupe’s friend approached her to help look for a caterer to provide food for her brother’s wedding as part of her support for the wedding. After a reasonable search, she didn’t find anyone suitable for the menu that had been discussed and realized that this was an opportunity to start a business. Morenike gathered her mother’s pots, pans and started preparation for the wedding. The outcome was a success and she soon started receiving orders for conferences and weddings. Today, Malas Foods celebrates 20years anniversary of catering food in Nigeria with 45 people in its employ, and an average of 200 catering services every month. Mrs. Okupe is an Industrial Relations and Personnel Management graduate from the University of Lagos, with different management and marketing courses from reputable business schools. Tune in today April 5, 2016 to Enterprise Stories on Inspiration 92.3 FM or log on to edcradioonline.com at 3pm and listen to Mrs. Morenike Okupe’s share her story of how she started her business by accident.
07Apr2016
The Economy and You (Babatunde Thomas)
The general belief that insurance is a smart way of extorting money from the people because of dubious practices that is prevalent in the industry, has immensely affected the development of insurance in Nigeria. It is believed that insurance practitioners, especially the brokers, will need to do more in the area of educating the public on the numerous benefits of insurance products and how such benefits can be harnessed. Despite the lack of awareness however, a very large percentage of the insurance business is handled by insurance brokers in Nigeria. Recently, the regulatory body, NAICOM’s ,intervention in failing insurance institutions – through Enforcement and Compliance unit , has been able to sanitize the system and establish Financial Safety and Stability and this has helped in developing both the industry and the economy through innovative policies. Hence, Insurance Brokers in Nigeria are becoming more needed and are beginning to understand what they need to do in order to better assess the necessities of the people and to debunk the notion of insurance, being nothing but a scam.
01Apr2016
Enterprise Clinic on Air March 2016
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923.
25Mar2016
Enterprise Stories - Mary Akpobome (Heritage Bank)
Every business has a story, a story of how it started, scaled the hurdles it encountered and more interestingly, how it positions for growth and success. Women are leading many successful businesses today and a recent report according to McKinsey Global Institute, $12 trillion could be added to global GDP by 2025 if women’s equality is not only advanced but promoted. For decades, gender inequality has been not only a social issue but a moral one and in recent times has become a serious economic challenge. From recent research, Global economy will suffer adversely if half of the world’s working population (whom are women) remain dormant and unable to maximize their full economic potential. For this to happen, the public, private, and social sectors will need to act to close gender gaps in the workplace and in the society. In this special episode of enterprise stories, we feature the acting Managing Director of Heritage bank Mrs. Mary Akpobome, who will share her unique story of how she started her career in banking, blazed the trail, plus heritage Bank's commitment to supporting women in business.
20Mar2016
The Economy&You - Bukky George
The pharmaceutical sector is a complex one, involving many different stakeholders such as the manufacturers themselves, national regulators, government ministries, wholesalers and others. Developing the industry requires concerted action across these stakeholders to create the environment in which the industry can flourish and realize its full potential as an asset to economic and social development. According to the Pharmacists council of Nigeria (PCN) there are about 120 registered drug manufacturers, 1600 retail pharmacies, 730 drug distributors and 300 drug importers in the country with an annual growth of 13% and estimated market size of 1.8billions dollars. A recent survey by UNIDO, shows that poor infrastructure is responsible for high cost of medicine manufacture and growth, nonetheless reveals that there are opportunities in the pharmaceutical industry.
18Mar2016
Enterprise Stories - Adetola Fabiyi (CX Homes Ltd)
We can't get enough stories about passion on Enterprise Stories. This week we feature the story of Adetola Fabiyi, who was so passionate about starting his own business that he quit his job to start a real estate company. Adetola graduated as a civil engineer and got employment with one of the successful real estate companies in Nigeria as a civil engineer. He worked his way through the organization in different departments such as client management, business development and marketing with some of his senior colleagues thinking he didnt know what he was doing but he had a plan. He was part of many housing projects, but was always concerned on how to make housing purchase more affordable in price and flexible in payment terms for intending home owners. In 2009, Adetola established CX Homes Limited. His company recently developed a home ownership scheme to give average income earners the chance to own a home with as little as 50,000 a month. Today, CX Homes's project development portfolio has a combined 1500 housing units in affordable estates spread across Lagos, Abuja and Nassarawa and targets 10,000 homes annually through its Home Ownership Program . A few years ago, Adetola won the CBN annual Venture Prize Business Plan competition.
17Mar2016
The Economy&You - Nneka Isaac-Moses
The tourism sector is a powerful driver of growth in many economies around the globe. In Nigeria, the several tourist attractions and areas are not fully developed and unable to promote high levels of socio-economic development. We now witness more light being focused on the sector, particularly because it offers employment opportunities and rapid infrastructural development. If properly harnessed, tourism would significantly be a major forex earner for the Nigerian economy. In this episode, Mrs Nneka Isacc Moses the twin brain behind the multiple award winning TV programme, Goge Africa will be examining the tourism potentials and socio-economic development in Nigeria and the variables that are.
11Mar2016
Enterprise Stories - Enibukun Adebayo (Cleanace Limited)
If only we could tell the future and know where our success lies, would life be much easier? This week on enterprise stories, we feature an amazing story of Enibukun Adebayo, who sat for the JAMB examination six times before gaining entrance into the University. He would later build a successful business he was exposed to when his father retired. Enibukun completed his secondary education in 1988 and took the JAMB exam around the same time. He didn’t succeed the first time, which meant he had to wait for another year. Around the same time his father retired and started a small laundry business, Ibukun had attempted the examination 6times, during this period he worked with his father and learnt so much about dry-cleaning business. In 1999, Ibukun graduated from the University and later got a job with Garment Care, where he worked for 4years before setting out on his own with Cleanace dry cleaners solutions limited in 2005. Today, Cleanace employs 107 people with branches across Nigeria and in more recent times, Cleanace has expanded its services to include repairs of shoes, bags and garment. Tune in to enterprise stories this Tuesday 8th March on Inspiration 92.3 FM or log on to edcradioonline.com at 3:00pm to listen to how Enibukun redefined himself and working to achieve the same in the dry-cleaning business.
10Mar2016
The Economy&You - Remi Ogunmefun
Manufacturing sector is very relevant to the development of any nation. The concept of its sustainability for business and economy in transition like ours is very critical and cannot be overemphasized. In Nigeria, the sub-sector is responsible for about 10% of total GDP annually and in terms of employment generation, manufacturing activities account for over 12 per cent of the labour force in the formal sector of the nation’s economy. The global fall of oil price and the instability of the economy have necessitated a rise on government’s support for industrialization and diversification. Despite its enormous potential, the sector is seriously facing challenges partly due to over dependent on external sector for the supply of raw materials, machineries, new technologies that are tied to foreign exchange and also due to lack of adequate finance. Join us as Mr Remi Ogunmefun, a seasoned executive with experience in management leadership functions, 32 years work experience as a legal practitioner, manager, administrator and director in diverse sectors of the economy and currently the Director General of the Manufacturing Association of Nigeria( MAN) discusses holistically on the sector and how to tackle some of the challenges to help revive the economy.
04Mar2016
Enterprise Stories - Bolaji Osime (Global International College)
There is no gainsaying that the reform of any economy’s education system is critical for global competitiveness. This week on Enterprise Stories, we feature Mrs. Bolaji Osime, a multipreneur with diverse interest in the area of education. Bolaji is the Founder of ‘Global International College’ and ‘Strategic Offshore Placement Nigeria Limited’ among many others. Inspired by the prevailing societal challenges that Nigerians faced in the 90’s with securing admission into UK universities, Mrs. Osime, was propelled to set up an academy – Global International College - to bridge this gap. With dint of hard work, today, this educational academy which started in 1999 with one staff, has grown its staff base to 150 and graduated 2,000 students with successful placement of 50% of this population in UK universities. Unsatisfied with the state of education in Nigeria and its effect on the dwindling economy, in 2007, Bolaji founded Strategic Offshore Placement Nigeria Limited which provides strategic solutions to educational shortcomings in Nigeria. To this end, Mrs. Osime has served in many capacities such as Consultant to the Minister of Education for 4 years; Team Leader, Transformation Team for Education, Economy and Competiveness; Lead Consultant, EKO SESP Project. One of her remarkable landmarks is the development and review of a ten year education sector plan and a three year education sector operational plan for Lagos State’s Ministry of Education. An innovator and educationist per excellence Bolaji, believes that success only comes when you ‘get up, dare to try and just keep on trying!’ Tune in to Enterprise Stories this Tuesday, March 1, 2016 on Inspiration FM 92.3, or log on to edcradioonline.com to hear how Mrs. Bolaji Osime was able to make some giant strides in the Nigerian educational sector.
03Mar2016
The Economy&You - Mezuo Nwuneli
Agriculture in Nigeria is a sector of the economy that holds vast opportunity for wealth creation and employment, In 2010, statistics showed that agriculture provided employment for 30% of the population. With over 84 million hectares of arable land and available human capital, Nigeria has the potential to be a major player in global food and agricultural markets. In recent time, there have been reforms in the agriculture sector and we have recorded some reasonable results. Some of the interesting outcomes of this development are the rise in the production of local rice and milling. In this episode, our guest, Mr. Mezuo Nwuneli, Managing Director, Sahel Capital, will be talking about the importance of the agricultural sector to Nigeria’s GDP, funding of the sector and other related factors that can be explored to ensure that agriculture becomes a sustainable contributor to Nigeria’s foreign exchange earnings.
26Feb2016
Enterprise Clinic on Air February 2016
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
25Feb2016
The Economy&You - Audrey Joe-Ezigbo
The fall in the price of crude oil in the international market has sent shocks through the global economy. The hardest hit has been countries like Nigeria, who depend largely on oil for an appreciable percentage of their foreign exchange earnings. The implication of the drop in oil price, has spilled into other areas of the Nigerian economy, the new administration has exposed a number of wrong doings in the sector as well. In addition, other global players have their own strategic game, which might not be favorable for the Nigerian economy. In this episode Mrs Audrey Joe- Ezigbo, co-founder Falcon Corporation Limited, a serial entrepreneur with over two decades of engagement in the oil and gas sector will be discussing the Nigerian Oil sector, the fall in crude prices and its effect on our economy.
19Feb2016
Enterprise Stories - Funkola Odeleye & Odunoluwa Longe, (DIYLaw)
Enterprise Stories this week features the innovation of two ladies, who set out to make a difference in the legal business using technology. Odunoluwa and Funkola worked together in the legal department of an investment bank, they would often share ideas and rub minds on services they could offer potential clients. Within a short period, Odunoluwa registered Longe practice and Funkola soon joined her in the business. The practice was doing well, and a good number of their clients were small business owners just like them, they got really involved with the clients as they also shared the frustrations of a startup. They figured there had to be a better way to do this and with their technology partner they established DIY LAW. Today, on the DIY LAW web portal you can get company and business name registration, processing of VAT and TIN numbers, basically all that you need to start up a business legally in Nigeria. They competed and were runner ups in the Innovation in justice Challenge and more recently a grant by Institute for Internalization of Law in Hague.
18Feb2016
The Economy&You - Femi Odugbemi
The entertainment sector of Nigeria has no doubt leaped tremendously in recent years and is contributing significantly to the GDP. With the recent rebasing of the Nigerian economy, the sector has risen sharply from its once insignificant status to become the first five. The motion pictures, sound recording and music production jumped to 9 trillion naira which is huge compared to when they were grouped under other services. The opportunities in this sector can’t be over emphasized, with a huge potential to generate employment in hundreds of thousands and increased contribution to growth of the economy. Our guest this week Femi Odugbemi will highlight some of the opportunities and how the SMEs can connect the dots.
12Feb2016
Enterprise Stories - Abiodun Afolabi (SB Telecoms and Devices)
This week on enterprise stories, we feature the story of Mr. Abiodun Afolabi, CEO SB Telecoms &Devices Limited who started a business selling recharge cards and scaled to a full-fledged ICT business, but how did he make the transition? Abiodun always had an entrepreneurial spirit, while in secondary school he would accompany his mother and grandmother to their store in Idumota during holidays. He started developing interest in business and soon teamed up with some of his friends to startup Admiral Entertainment. They used the platform to organise debates, quiz competitions and carnivals in Surulere area of Lagos. These experiences inspired Abiodun and he decided never to work for anyone. In 2001, when the GSM revolution started in Nigeria, Abiodun got fascinated and soon started a business in recharge card sales, like many first time entrepreneurs he soon got burnt and lost money. The experience of losing money he got from family members left Abiodun an even more passionate entrepreneur. He picked up the pieces and transformed the business a 100percent. Today, Abiodun Afolabi employs over 60 people and has participated in several exhibitions and fairs in and out of the country. He is currently shaping the biometrics and security devices space in Nigeria. What led to the transformation of the business after a huge loss? Tune in this Tuesday, February 9, 2016 to Inspiration 92.3 FM or log on to edcradioonline.com at 3:00pm and listen to Abiodun Afolabi tell the story of how he started SB Telecoms & Devices Limited despite the set back he faced.
11Feb2016
The Economy&You - Gbenga Shobo
The financial sector is no doubt a very critical aspect of any economy. In Nigeria there has been an introduction of new policies in the sector. These policies have direct effects on how SMEs operate their businesses and consequently this will also affect the growth of the economy. In this episode, Mr Gbenga Shobo, Deputy Managing Director, First Bank will address some of the recent challenges and shed light on opportunities on the horizon.
07Feb2016
The Economy&You - Gbenga Shobo
The financial sector is no doubt a very critical aspect of any economy. In Nigeria there has been an introduction of new policies in the sector. These policies have direct effects on how SMEs operate their businesses and consequently this will also affect the growth of the economy. In this episode, Mr Gbenga Shobo, Deputy Managing Director, First Bank will address some of the recent challenges and shed light on opportunities on the horizon.
05Feb2016
Enterprise Stories - Tolu Erogbogbo (Cookie Jar)
Mothers are a true blessing, this week on enterprises stories we feature the story of how a mother’s advice led to her son becoming a successful chef. Tolu Erogbogbo always had an entrepreneurial mindset and as soon as he graduated in 2009, he set up the first business which he sold 2 years after to start another business in real estate and alternative energy. He ran the business with his brother inlaw but within a short period it folded up. This frustrated and left him idle for some time. While he was pondering on what to do next, he had a dream about baking cookies, but didn’t understand what it meant. During the ‘’Occupy Nigeria’’ protests that left all Nigerians locked at home, he called his mum and poured his heart out and mentioned the dream, her response was Tolu, "go and bake me some cookies". Tolu grabbed a cook book, headed for the kitchen and the rest as they say is history. This was the birth of Cookie Jar. Today, Cookie Jar employs 47 people and is a leading dessert restaurant in Nigeria.
04Feb2016
The Economy&You - Dr. Fakunle
The solid minerals sector in Nigeria has long been treated as the poor cousin of the oil and gas sector. Compared to the level of investment and development in oil and gas extraction – which has grown exponentially since Nigeria joined the Organization of Petroleum Exporting Companies (OPEC) in 1971 – mining activity has suffered stagnation, and even decline. While petrol dollars dominate the economy, the National Bureau of Statistics lists solid minerals as contributing minimally to GDP, despite significant coal and iron ore reserves, and known deposits of gold, uranium, tin and tantalum. This therefore means that the vast mineral resources present in Nigeria have not been fully exploited. In this episode, Dr. Fakunle, a veteran player in the mining sector will provide some understanding of the opportunities for SMEs in the mining and solid minerals sector of Nigeria and how this affects the economy as a whole.
28Jan2016
The Economy&You - Nkem Ojougboh
In light of the challenges facing SMEs and to enable them contribute more to GDP; the Nigerian Stock Exchange has created the Alternative Securities Market (ASeM) for emerging companies with high potential for growth. The idea is to give small and mid-sized companies with high growth potential the opportunity to raise long-term capital from the capital market at relatively low cost. Join us on another exciting episode of The Economy and You! as Nkem Ojougboh , an approved Security and Exchange Commission ( SEC) business investment adviser that guides the SMEs through the requirements and key factors to consider before going public.
26Jan2016
Enterprise Clinic on Air (January 2016)
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp .
22Jan2016
Enterprise Stories - Temitope Oluwadare (Detailed Restorers)
This week on Enterprise Stories, we feature the story of a lady who started out in a not- for- profit organization but ended up with a profit making business. After Temitope Oluwadare’s graduation from her master’s degree program in 2002, she couldn’t get a job for two years; she soon got restless and decided to volunteer for a not- for- profit organization that provides shelter and care for homeless people. Temitope had no inclination that this decision would set the chain of events that would give birth to her business. While Temitope was working as a volunteer, she often wondered how she could find a lasting solution to the sad situation; she soon gained employment and left the volunteer work. One day, Temitope had a light bulb moment, the idea was to start a cleaning business and recruit the people she worked with while volunteering to do the work, as they need no qualification for the job and this was how Detailed Restorers came to be. Today Detailed Restorers with Temitope Oluwadare as the CEO employs almost a 100 people and services 25 locations with several multinationals as customers. Temitope is a Goldman Sachs scholar and mentors hundreds of young people.
21Jan2016
The Economy&You - Femi Ogunsanya
Education is an asset anytime any day; and in our world today where investors spend sleepless nights trying to tackle the prevailing global economic situation, investing in education becomes key if we must enjoy the social, economic, political and security benefits therein, for the individual, society and country. By investing in education, governments and individuals can help prepare the society for the challenges ahead. Join us on another episode of The Economy and You. Our special guest is Dr. Femi Ogunsanya - Chairperson, Association of Private Educators in Nigeria (APEN); Founder, Oxbridge Tutorial College and a board member of several organizations.
15Jan2016
Enterprise Stories - Ufuoma Koloko (Zenith Water Margin Chinese Restaurant)
A journey of a thousand miles start with a step, but sometimes you don't know where your journey could lead you. This week on enterprise stories we connect a first class student with a skincare business and a restaurant. Ufuoma Koloko started her working life as a Business Consultant in top firms in the U.K, she never considered running a business, but her experience in 2006 when she had a skin problem changed all of that. She visited a skin care centre the UK and was completely captivated by the entire experience and she thought to herself I can do this and that was the start of her entrepreneurial journey. In 2010, Ufuoma was in full swing of her skincare business which she had now being running for 4years in the UK, she came for a visit in Nigeria and popped into the part family owned Chinese restaurant, to her surprise the restaurant was no longer what she imagined as a child, this concern saw her become managing director of the RESTAURANT and brought her back to Nigeria to set up her skincare business. Today, Ufuoma has gone ahead to launch the UK Skin Care Academy and provides professional skin care services and education in Nigeria while still managing the Zenith Water Margin Chinese Restaurant. In 2013, she won the Federal Government of Nigeria's YouWin award for her innovative business plan combininig skin care traetment and training and got a grant award. Tune in to Enterprise Stories on Inspiration 92.3 FM and on edcradioonine.com , this Tuesday, January 12 to listen to the amazing story of how Ufuoma was able to combine the running of her Skin Care Academy and Zenith Water Margin Chinese Restaurant.
14Jan2016
The Economy&You - Tunde Titilayo
Every New Year provides us with the opportunity to reflect, re-strategize and reposition. For Nigeria, 2016 will be a full year of the Buhari administration. The IMF Boss recently visited Nigeria and it looks like there are some hard choices to be made. Yet, Oil price is still heading south. Can we as a country seize the opportunity to restructure our economy? Join us on another episode of The Economy and You! Our special guest is Tunde Titilayo –an electrical engineer, entrepreneur, banker, telecoms infrastructural investor whose company went public and operates in Nigeria, Ghana and Ivory Coast. He currently provides access to finance for SMEs through Fast Funds. Don’t miss it!
08Jan2016
Enterprise Stories - Damilola Solesi (Smids Animation)
Happy New Year, On Enterprise stories this week, we connect a young girl, video games & cartoons and a successful animation business . Damilola Solesi is the founder/ Creative Director of Smids Animation Studios Limited but never imagined that the love she developed as a young girl for video games and cartoons would become a real business. As a kid, Damilola would spend hours watching cartoons and playing video games, she was fascinated with the characters and often wondered how they were created. Her interest in video games and cartoons continued upto her university days, where she studied computer science, however her interest took a different turn, she was now interested in creating her own animated characters. Today Damilola employs 18 people and has received several grants and awards, some of them include- fellow of Mandela Washington 2015, President Barack Obama flagship program for young Africans, she got grants from the US Development Fund and the YOUWIN women grant
07Jan2016
The Economy & You (Funding Opportunities for SMEs)
Most SMEs in the early stage requires capital in addition to support services as they transit to the next level of growth. In most advanced countries, the nature of funding at this stage is both patient and smart! Those that provide this kind of funding are known as Business Angels. The USA is a leading country, boasting of over 300,000 active angels in 2014 with a total investment of over $24b and 3.6 jobs per angel according to Center for Venture Research, USA. The Business Angel Network in Nigeria is still evolving and indeed within the African continent – but SMEs in Nigeria are already keying into this funding window. Join us as Mr.Tomi Davies (TD) – an ICT Expert, author, mentor, founder of the Lagos Angel Network and President of the African Business Angels Network (ABAN) guides us through the importance of a vibrant Business Angel Network to the Economy and You!
31Dec2015
The Economy&You - Richard Borokini
Risks are inevitable. In business, these risks are inherent and SMEs must identify them, understand their peculiarities and how to mitigate them. In this episode, we will be focusing ONLY on insurable risks which are a subset of risks inherent in running a business. Risk against loss of business premises, work men injury and employees running away with your hard earn money! In developed economies, certain businesses can never commence operation without insuring against product and public liability risks. These are some of the insurable risks that can totally bring a business on its knees making it gasp for air. Join us as Mr. Richard Borokini – A Sociologist, Chartered Insurer, Lawyer and MD of Royal Exchange General Insurance Company Limited walks us through insurable risks that ensure we do not start from ground zero if and when risks occur.
30Dec2015
Enterprise Clinic on Air (December)
very last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
29Dec2015
Enterprise Clinic on Air (December)
very last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
25Dec2015
Enterprise Stories - Folawiyo Abiodun (Shoespeed)
This week’s enterprise stories features Abiodun Folawiyo CEO of Shoespeed. He left his accounting practice to start a shoe making business and went on to inspire and train thousands of young people to do the same. Abiodun grew up in an academia family, his father was a Professor in the University, and wanted Abiodun to follow in his footstep. However, he had a secret that he kept very close to his heart, his love for shoes. As a kid, Abiodun was always given the chore of polishing shoes for his father and older siblings, he was always fascinated with the transformation of the shoes, he always enjoyed the chore. Abiodun made the first pair of shoes in his early university year and the outcome made him decide to make this a career. In 2005, Abiodun decided to take his passion to the next level by registering Shoespeed, he lost his father that year and this further propelled the dream of becoming a shoemaker. Today, Shoespeed employs 20 full time staff and recently signed an agreement with an Italian shoe manufacturing company to set up a factory in Nigeria. Abiodun's father wanted him to be a professor of accounting, but he is now a professor of shoe making. He has now set up an academy teaching 500 young people annually in the art of shoe making. Tune in to Inspiration FM 92.3 or log on to edcradioonline.com and listen to the story of how Abiodun Folawiyo became the professor of shoe making.
24Dec2015
The Economy&You - Ruth Obih
Real Estate remains a critical sector of the Nigerian economy. Indeed we have made progress in the last decade especially in pro-active states but more needs to be done as the sector has the potential for job creation. In addition, movement from rural to urban areas is happening faster than anticipated, thus putting pressure on existing infrastucture. Innovative organizations are however using the "sharing economy model" to disrupt the sector. Join us on another episode of The Economy and You! as Ruth Obih - A Lawyer, Real Estate Entrepreneur and CEO of 3 Invest Nigeria, walks us through how innovative models are re-awakening the sector.
18Dec2015
Enterprise Stories - Sandra Aguebor (The Lady Mechanic Initiative)
This week on Enterprise Stories, we feature a lady whose dreams materialized into making her a force to be reckoned with in a male dominated business. The story of Engr. Sandra Aguebor (Founder/CEO The Lady Mechanic Initiative) alludes to the popular saying that what a man can do, a woman can do even better. After series of repeated dreams to repair the engine of a car since she was 14, Sandra started nursing this idea. The vehement opposition by her father was changed after he visited the United States and saw women on the job supposedly for men. Soon after, Sandra set up Sandex Car Care, as a female garage owner, she attracted several customers to her workshop, and even landed a contract to manage the repairs of fifteen trucks: a fleet of a haulage company that specialized in the distribution of confectioneries to the northern and other distant parts of Nigeria. In 2004, the Lady Mechanic Initiative was founded to empower other women with the skills and enable them set up business. Today, Sandra has empowered 700 women as she celebrates 10years, employs 32 people full time and has a bag full of awards and recognition, some of them include; honour at the State House-Abuja in 2004 by Chief Olusegun Obasanjo, the former president of Nigeria and also president, Goodluck Ebele Jonathan (GCFR) in 2012 honoured her with National Productivity of Merit (NPOM). She has been featured on Aljazeera and CNN – Inside Africa.
17Dec2015
The Economy&You - Ayo Teriba
Efficient transportation system is critical to any economy seeking growth but at the heart of the sector is the Rail system. The Abuja – Kaduna rail line is 95% completed but majority of our rail tracks are still on narrow gauge. Does this matter or do we need to re-evaluate our business model? What must the Buhari administration do to make this a realty. Join us on another exciting episode of The Economy and You! Our special guest is Dr. Ayodele Teriba – an Economist, Researcher, Consultant, the man that is truly passionate about rail System for economic growth and the CEO of Economic Associates. Don’t miss it!
11Dec2015
Enterprise Stories - Haowa Bello (Madam Coquette)
From spending her savings on luxury handbags to producing luxury handbags, this week on Enterprise Stories we feature the story of Haowa Bello, CEO Madam Coquette. In 2008, Haowa just completed the mandatory NYSC program and had since made up her mind to venture into business, the problem however was what business idea to start. Haowa carried this burden on her mind and shared it with her sister; she suggested that Haowa start producing handbags since she loved bags so much and would spend a fortune to own quality bags. She reminded her how she always admired their mother’s handbags and purses as kids. That same year, Haowa employed a staff and started a trial run, and soon incorporated Madam Coquette. She also got a loan from her sister to buy materials and produced 3 handbags which she sold off and this convinced her that this was her calling. Today, Haowa has employed more staff and produces high quality handbags. She now also exports her luxury bags and has participated in many fashion shows including African Fashion Week in 2013, London fashion week and a fashion show in Berlin. Recently, Haowa was featured on CNN African Voices, and her new venture into Agric business was also featured, but how did she get into agriculture?
10Dec2015
The Economy&You - Bosun Tijani
Necessity they say is the mother of invention but innovation is what drives the new economy. Increasingly, young persons are using social innovation to solve everyday problems. Could this be a route to solving our youth unemployment and get them actively engaged in the new economy? Join us on another episode of The Economy and You! Our guest is Bosun Tijani - an innovation expert, co-founder and leader of Co-creation Hub Nigeria; a social enterprise vehicle that brings together stakeholders, working collaboratively to solve social problems and create jobs.
04Dec2015
Enterprise Stories - Chigbu Crystal (The Irede Foundation)
Chigbu Crystal - The Irede Foundation There is truly a blessing in disguise for every circumstance we find ourselves. This is the summary of our Enterprise Story of the week. We feature a lady whose child lost a limb and the experience dealing with the challenges led her to found Irede Foundation. Crystal Chigbu, Executive Director/Founder Irede Foundation left her well paid employment to follow her desire to provide services for both children and families dealing with challenges of limb loss. Crystal has received several awards including Life transformation award from Wise Women Awards, The Ebony Life Tv sponsored sisterhood Award for philanthropist of the year 2014, Naija Diamonds 2014. But how did she make it happen? Tune in this Tuesday to Inspiration 92.3 FM or log on to edcradioonline.com at 3:00pm.
03Dec2015
The Economy&You - Adegboyega Adebajo
From Limestone to Kaolin, from Iron Ore to Gold, Nigeria is blessed with a wide range of Solid Minerals. If well mined, the sector could set the economy on a positive trajectory. However, we must not make the same mistake as we did with Oil. The blueprint must ensure that value is added all across and in-country jobs are created. Limestone could have been mined and exported for peanuts but Dangote cited his cement factory in Obajana and the rest is history now. Could we have had a better outcome with Ajaokuta if it had been private sector led? Join us on another episode of The Economy and You! as Adegboyega Adebajo – An economist, a capital market operator, a seasoned banker and the CEO of West Atlantic Resource and Equity House Ltd., walks us through the opportunities and challenges in the solid mineral sector as well as the path the ministry of solid minerals must take if the sector is to move beyond potentials.
27Nov2015
Enterprise Clinic on Air
very last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923. To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account) or Whatsapp . When we treat your case, many similar cases are simultaneously resolved!
26Nov2015
The Economy&You - Helen Emore
On November 11, 2015 the President inaugurated the much awaited cabinet, rationalizing the ministries to twenty-four. One ministry that has attracted so much attention primarily because of its pivotal role to our economic development is the Ministry of Power, Works and Housing. The stakes, as well as expectations are high. Are we at the tipping point? Join us on another episode of The Economy and You! Our special guest is Helen Emore – The CEO of Avantage Projects Ltd., that has led teams to attract investment in Infrastructure, Real Estate and Power Plant development. Her last assignment was at the Warri Industrial Business Park as the Lead / Project Director. Don’t miss it!
20Nov2015
Enterprise Stories - Olalekan Obisanya (The Snail Shop)
This week on Enterprise Stories, we feature the Snail Shop - a business founded by Olalekan Obisanya who went to Ghana to study Geological Engineering, but returned to start the business of farming and processing of snails. While in the University, Lekan went to the market with his friends to buy snails but on getting there, they could not buy any because they could not find who to clean them. Sooner, he found out that a lot of people faced the same problem. For someone who always wanted to be an entrepreneur, here was a gap and he created a solution. This experience birthed the Snail Shop. Today, the Snail Shop employs 5 people and supplies its products to top supermarkets across Nigeria.
19Nov2015
The Economy&You - Austin Okere
No business starts small and pray to remain small forever. Growth is generally assumed. Yet a significant number of SMEs are not structured for growth. If growth does occur and the business is not ready, failure is the most likely consequence. In the digital economy, the emerging clients will even expect you to be available 24/7. Invariably, growth must be planned for! Join us on another episode of The Economy and You! as Austin Okere – the entrepreneur in residence at Colombia Business School, New York, multiple business award winner, the founder and CEO of CWG Plc walks us through what it takes to grow businesses in today’s economy. Don’t miss it!
13Nov2015
Enterprise Stories - Temilade Osinfade (TT Dalk)
This week on Enterprise Stories, we feature the story of a young man who started his entrepreneurial journey during his 300 level at the university with N2,500. Temilade Osinfade, is the CEO of T.T. DALK, a footwear and accessories company. In 2007 he decided to satisfy is curiosity with an idea that had been on his mind, making shoes. He made the first pair for a friend in school and everyone was marveled at the design and orders started rolling in. In a short time, Temilade employed one staff to support the enterprise and by the time he graduated from Babcock University where he studied public health, it was clear he wasn’t going to work a single day for anyone. Today, T.T.DALK has 20 full time staff, 3 outlets and a factory. He has been recognized for outstanding creativity in 2012 and 2014; T.T Dalk has also featured at the MTN Lagos fashion week and Africa Fashion week in London and several trade fairs globally.
12Nov2015
The Economy&You - Ojoma Ochai
The Creative Arts Industry in Nigeria has the capacity to employ our youth, reduce unemployment and put Nigeria on trajectory never seen before within the continent of Africa. Nollywood leads the pack but talents in various aspects of creative arts are still evolving. Creative Industries in the UK accounts for over 8million pounds every hour while in the USA, $80million every hour. Nigeria has the capacity to be the reference point for Africa. Join us on another episode of The Economy and You! as Mrs. Ojoma Ochai – An entertainment sector expert, International fellow at DEVOS International Institute of Arts Management and the Director Arts at British Council Nigeria opens up the horizon in the creative economy. Don’t miss it!
09Nov2015
SME Owner & Nigerian Labour Law - Feyikemi Odunuga
SME owners must ensure they follow best practices in dealing with their employees. Right from selection of candidates to gender sensitive issues, to contract employment, to termination to retirement/dismissal procedures During the recruitment process for instance, it is unlawful to discriminate against any one based on gender, age, religion and race. And once a person is employed it is unlawful to discriminate based on any of the above. Except in a situation where the sex of the employee will cause genuine occupational hazard or where there is need to preserve decency or privacy. e.g the employment of only females in a female underwear store. Learn more by listening to the channel….
06Nov2015
Enterprise Stories - Ifeoluwa Olatayo (Soupah Kitchen)
This week on Enterprise Stories, we feature the story of Ifeoluwa Olatayo, who sold her computer to start a food business. Sometime back in 2010, Ifeoluwa was in her hostel in the University when a roommate announced she was going to the market and several of her roommates started making requests for various food items from the market, at that moment the idea hit Ifeoluwa, there is an opportunity here! Ifeoluwa immediately sold her laptop computer to get capital to start her business, she purchased a bicycle and a fridge to set up her business right on campus. By the time she graduated 2 years later she had expanded beyond delivery of cooking items from the market, she was offering ready to cook soup products, employed 2 staff and this earned her recognition as the student entrepreneur of the year 2012. Today Soupah kitchen has 5 outlets and has won a several business plan competitions. How did she do it? is she a born entrepreneur? does luck play a part in success? Tune in to Inspiration 92.3Fm or log on to edcradioonline.com to listen to Ifeoluwa’s inspiring story.
05Nov2015
The Economy&You - Ayo Teriba
Since the beginning of this year, the Nigerian economy has gone through significant cycles and the impact on individuals as well as businesses has been varied but significant. The Fiscal and Monetary policies are meant to shape the expected outcomes. As we gradually come to the end of 2015, new ministers are being appointed and together with the President and the Vice President, they are expected to drive the change that we have been waiting for. Join us on another exciting episode of The Economy and You! as Dr. Ayodele Teriba – an Economist, Researcher, Consultant, the man that spearheaded the advocacy for the re-denomination of Naira notes and coins, the CEO of Economic Associates walks us through what should be done if change must happen. Don’t miss it!
30Oct2015
Enterprise Clinic on Air
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923 To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account). When we treat your case, many similar cases are simultaneously resolved!
29Oct2015
The Economy&You - Adetunji Adegbesan
The New Economy is without a doubt, Digital and it’s already transforming nations. Here in Nigeria, adoption has been quite rapid but more indigenous “problem-solving innovation” needs to be rolled out if we are to optimize the potential of the mobile services sector. Imagine being able to predict not just the best route to your destination, but the best time to embark on the journey if you were to avoid traffic! Well, mobile service is about to change the way we think and interact! Join us on another exciting episode of The Economy and You! as Dr. Adetunji Adegbesan – an Electronic Engineer, Academic, Strategic Management expert and the Founder / CEO of Gidi Mobile passionately unveils how mobile services is the next BIG thing that will radically change our world. Don’t miss it!
23Oct2015
Enterprise Stories - Itoro Ugorji (Kidzdom Childcare Services)
Time really does fly by very quickly, a complete season of 13 episodes of amazing Enterprise Stories have flown by but not to worry as we say, simply visit edcradiononline.com to listen and download any of the episodes. As we start our season 2 of Enterprise Stories, we are stepping up with some exciting activities, be sure to call in, answer any of our questions and you could win something special from Enterprise stories. This week we feature the story of Kidzdom Childcare Services, a lady who has come to change how we see the child care services business, as she has introduced innovation and of course a full dose of passion. Itoro Ugorji used her many years of experience working in corporate world to match productivity & staff welfare with innovation to establish a new business, but how? You may ask. Tune in to Enterprise Stories on Inspiration 92.3FM or log on to edcradionline.com Tuesday, 21st October 2015 at 3.00pm to hear the story of Itoro Ugorji, the CEO of Kidzdom Childcare Services and her Baby lounge.
22Oct2015
The Economy&You - Olutayo Oduwole
As we start Season 2 of the economy and you, we want to thank all our listeners for making Season 1 such a great success. In this Season, we will be introducing exciting activities to increase our engagement with you! For a start, we will be dedicating this episode to you! We want to hear from you! And it’s about challenges and solutions “When you think of the economy, what worries you most and what is your solution” In addition; we will be looking at how SMEs can survive under slow growth scenario as well as the outlook for the economy. Be our Guest as we start Season 2 of The Economy and You! Olutayo Oduwole, an Economist, Financial Advisory Consultant and Executive Director of Frontier Capital Ltd will be our “Expert-In-Residence”. Don’t miss it!
16Oct2015
Enterprise Stories - Ayodeji Anubi (Eden Juice)
Necessity is the mother of invention / creation, the story of Eden Juice is a clear example. In this week’s episode of enterprise stories, we will connect a lawyer, his mum’s health, a partnership and a successful business, but how you may ask! In 2010, Ayodeji graduated from the University of Leicester, UK and returned to Nigeria the following year to start a Law school programme in Lagos. Around this same period he started making fresh fruit juices for his diabetic mother regularly. As friends visited them at home, he would also serve them the fresh juice and the feedback was amazing. One day, a guest offered to pay for a delivery of the fresh juice. This triggered the idea of going into the production of variety of non- processed fresh juices and smoothies. Ayodeji soon partnered with Patrick, a friend from the University and the rest was history. Today, Eden Juice produces and supplies 10,000 bottles of fresh juice daily and employs 18 people.
15Oct2015
The Economy&You - (Niyi Oguntoyobi, Ebi Atawodi)
Transportation is an essential part of human and commercial activities and in many ways form the basis of all socio-economic interactions. A good transport system is critical to economic growth and development. According to the Nigeria Bureau of Statistics, the share of transport in our Gross Domestic Product (GDP) is about 3%. The efficiency of the transport sector has a direct relationship with the productivity of any nation and can position it as a hub in the movement of people and goods. Join us for a double dose episode of The Economy and You! as we bring you two players in the road sub-sector – Niyi Oguntoyinbo, Serial entrepreneur and founder of Metro Taxi/ Metro Bus and Ebi Atawodi – General Manager at Uber Nigeria, as we connect the dots between transportation, economy and prosperity.
09Oct2015
Enterprise Stories - Ata Ashiru (InkHearts Studios)
Building the right hobbies as you grow has its rewards. This week on Enterprise Stories, we will be sharing the story of Ata Ashiru who left her top paying job at Aon Hewitt and Deloitte Consulting in the United States for Nigeria, to create wealth from her hobby. Ata was getting ready for her wedding in 2007 so, she decided to design the special invitations cards herself as fine arts was a hobby she enjoyed growing up. Soon after, family and friends commented about how wonderful the invitation card design was, and started making requests for designs. As a result of this, Ata got quite a number of orders, but one of these orders started her entrepreneurial journey. In June 2008, Mrs. Ashiru got a call to design and print 700 personalized invitations cards. The order tasked her creativity, but was a success. This marked a turning point for Ata as she left her full time job, and decided to incorporate a business. Today, Ata Ashiru has opened a design studio in Ikoyi, Lagos, catering to a unique upper market segment in Nigeria and around the world. Ink Hearts currently employs 10 people and has tripled her income over the years. Mrs. Ata Ashiru has a first degree in International Business from the Clark Atlanta University, and an MBA from Keller Graduate School of Management, USA.
08Oct2015
The Economy&You - Tokunbo Talabi
Any developing country aspiring for sustainable growth cannot take its manufacturing sector for granted. This is where real value-add occurs in addition to job creation. Recently released figures by the National Bureau of Statistics reaffirms that all is not well with the manufacturing sector – 3.82% negative growth, yet manufacturers cannot source forex from the official market for a number of their raw materials. Both the big and small companies are feeling the pinch. Join us on another exciting episode of The Economy and You! as we get the perspective of a banker turned manufacturer, MIT-Legatum award winner, the Vice President of NASME – South West zone, with manufacturing operations in Nigeria and Ghana, the President /CEO of Superflux International Ltd – Mr. Tokunbo Talabi. Special thanks to Mr. Ikechukwu Kelekume – the head of Economics, Accounting & Finance at the Lagos Business School for providing the background that sets the stage for our conversation.
02Oct2015
Enterprise Clinic on Air
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Olawale and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923 To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account). When we treat your case, many similar cases are simultaneously resolved!
01Oct2015
The Economy&You - Ore Sofekun
The Creative Arts Industry in Nigeria is growing at an incredible speed. Nollywood is leading the pack and helping to put Nigeria on the world creative industries map. Beyond Nollywood however, significant progress has been made in music and stand-up comedy. Yet it’s still a long road to travel with Creative Industries in the UK accounting for over 8million pounds every hour while in the USA, $80million every hour. Join us on another exciting episode of The Economy and You! as Dr. Ore Sofekun, Private Equity / Venture Capitalist, Chemical Engineer (PhD) and Managing Director of Investment One VenCap creatively navigates us through the critical milestones for sustained growth in the industry.
25Sep2015
Enterprise Stories - Yomi Ojo (Printivo)
Everyone can come up with a great idea but it is what you do with it that counts, this week on Enterprise stories we share the story of how a mathematician and his friends had a great idea and brought it to Life. In 2009, Yomi Ojo graduated from the University and started a graphics and advertising business but hadn’t reached the promise land. While running the business, he realised that SMEs and start-ups needed an avenue to create a brand for their businesses but wasn’t quite sure how best to achieve it.. His friends from school, Deji Adeogun and Ibukun Oloyede teamed up with Yomi to come up with a great idea that will see start-ups and small businesses create their own brand themselves, this gave birth to Printivo- an online printing company that makes designs and offers printing services to SMEs. In 2014, the trio launched the company and within a short time started servicing almost 5,000 SMEs and big businesses in Nigeria. Today, Printivo employs 20 people and has expanded since to African. They won the 2014 the Creative Entrepreneurs award by Creative Entrepreneurs Association and also Start-up of the year which is part of Google Team – First Times ideas. Tune in to Inspiration 92.3 FM or log on to edcradioonline.com this Tuesday and listen to the power of Printivo’s e-commerce capacity through their online DIY platform .
24Sep2015
The Economy&You - Michael Thomas
Whenever the economy of any nation is being discussed, we often focus our attention on things like the budget, critical sectors that are contributing to the GDP, Government Policies and incentives aimed at driving growth, etc. Yes we talk about Job creation but usually not about the capacity of those driving those Jobs. Yet there is a direct correlation between the productivity of the people and the prosperity of any nation. Join us on another exciting episode of The Economy and You! as Michael Thomas, an aeronautical scientist, certified commercial pilot and flight instructor, HR specialist and the Country Director of Great Place to Work Nigeria as he helps us to connect the dots and bring to the front burner those seemingly softer issues that are so critical to enhancing national productivity and economic growth.
18Sep2015
Enterprise Stories - Tolu Salamaiye (Melting Moments)
This week on enterprise stories, we will feature a young lady who studied Building Technology but then committed to building cakes and desserts. In 2007, Tolu Samaiye, CEO, Melting Moments got her first job, a holiday job at a coffee shop in the UK. Every holiday she would return to the same coffee shop, working in the bakery, on the shop floor and making deliveries for her entire four years in the University. While she was waiting for her NYSC, Tolu decided to start making cupcakes for friends and family; managing production and delivery all by herself. After a year, she employed 3 people and finally registered Melting moments as a business.
17Sep2015
The Economy&You - Bonniface Chizea
Government Policies and incentives are meant to drive the direction in which all the stakeholders within the economy go. In recent times, we have seen a number of fiscal and monetary policies rolled out. Some of these have put a number of the stakeholders on hold while some are second guessing what next. How have they affected you? Join us on another exciting episode of The Economy and You! as Dr. Boniface Chizea, a top notch mathematician, economic and business development consultant guides us through the intensions, implications and outcomes of some of these policies from an independent evaluator’s perspective.
12Sep2015
Your Brand.- (Bolajoko Bayo-Ajayi)
Almost every business has a name, from the smallest market trader to the largest multi-national corporation. However, not a lot of those businesses have what could be classified as a ‘brand’ or a ‘brand name’. Often times, what is prevalent are products or services that are made available, but which does not distinctively stand for something in the minds and hearts of its users. Listen to the full episode as Mrs Bolajoko Bayo-Ajayi, the Principal Consultant of Purple Pearl Consulting talks about building your brand.
11Sep2015
Gbolahan Fagbure- Co- founder, Co- CEO of Super mart
Opportunity knocks all around you, how do you know which to unlock, this is the story of Gbolahan who spotted and unlocked a unique opportunity. In 2004, Gbolahan graduated from the University of Warwick with a degree in Economics and followed up with a master’s degree also in the UK. He worked at Goldman Sachs and Credit Suisse both in the UK before returning to Lagos to join KPMG. While at KPMG, Gbolahan spotted the opportunity in the online retail business and this saw him emerge as the founding Chief Operating officer at Jumia, but this wasn’t enough as the entrepreneur in him was brewing and in 2014 unlocked another opportunity - Supermart.ng, an online grocery delivery store. In just a year, Supermart.ng is delivering to thousands of customers and employs 26 people. To listen to the full story of the serial opportunity spotter, Gbolahan Fagbore, Co-founder & co- CEO Supermart.ng , tune in to Inspiration 92.3Fm or log on to edcradioonline.com on Tuesday, 8th September at 3pm.
10Sep2015
The Digital Economy
In the last few years, the digital economy has been growing at a reasonable pace in Nigeria. From commerce to banking, from health to education, the adoption has been fueled by increasing access to broadband, smart mobile devices and incredible apps. The digital economy is fast reshaping the way we think, work, do business and play. Join us on another episode of The Economy and You! as Ms. Yemi Keri – An ICT expert and General Manager at Natcom expands our horizon and starts the conversation on being part of the digital economy is no longer a choice.
10Sep2015
EDC SME Conference
The 9th Annual EDC-SME conference. Live from Federal Palace Hotel, Victoria Island, Lagos.
04Sep2015
Enterprise Stories - Bose Olanihun (Button)
This enterprise story is about a lady who left her banking job to garments making for both male and female. In 2008, Bose Olanihun felt a lot of dissatisfaction and unfulfillment with her bank job, she had reached a point where she no longer looked forward to Mondays. One Sunday in church, there was a special service on entrepreneurship and this led her to focusing on setting up her own business. 7 years later, Bose Olanihun is the CEO/Founder of Button, she employs 40 people in 2 branches in Lagos and looks forward to her Mondays. Her talent has been recognized in many quarters, she has won grants from the Youwin program and the Etisalat millionaires hunt, got a scholarship on the Goldman Sachs women program. Tune in to Inspiration 92.3Fm or log on to edcradioonline.com this Tuesday 1st September, 2015 and listen to CEO Button, Bose Olanihun share her story of how she transited from employee to employer.
03Sep2015
SMEs and the Agric. Sector (Mr Emmanuel Ijewere)
In the 60s, the agricultural sector was the major foreign exchange earner for Nigeria – until oil was discovered. However, with the fallen oil price and the issue of food security, the agricultural sector is back on the front burner once again and SMEs have a role to play. Join us as Mr. Emmanuel Ijewere – A chartered accountant, tax consultant, farmer, past president of ICAN, IoD, Red Cross in Nigeria, Group CEO of Ijewere & Co. and Chairman of Best Foods Global (Nig) Ltd passionately continue our conversation on the huge potentials in the agricultural sector and how it impacts on the Economy and You!
27Aug2015
The Manufacturing Sector (Muda Yusuf)
Manufacturing Sector is a key growth driver within the Nigerian economy. However, a number challenges are slowing down the optimization of the sector's potentials. Top on the list are Infrastructure (mainly power), access to capital and skilled labour. Input materials are still largely import dependent and our manufactured goods are not positioned for export. As oil price continues to stay below $50 per barrel, the manufacturing sector has the potentials to increase our foreign income receipts and self sufficiency in products that are currently being imported. Join us as Mr Muda Yusuf, an economist, private sector advocate and the Director General of the Lagos Chamber of Commerce and Industry address the above identified issues and more!
21Aug2015
Ayodeji Adewunmi - (Jobberman)
An idle mind, they say is in the devil’s workshop, but this enterprise story is about minds that converted their idle time into a multi-million dollar business. In 2009, during the period the universities were on strike, and students left on their own, the trio of Ayodeji, Olalekan and Opeyemi decided it was time to turn an idea that they had toiled with many times into reality -an internet business. Jobberman was the name and the idea was an employment portal, a solution to the problem of job search. This trio had to manage their school work and the new business they had set up, with passion, creativity and planning the hard work paid off. After a year they had investors and set up an office. Today, Jobberman employs 246 people across 10 African countries including Nigeria and has helped over 35,000 people find placements for the last 2 years with over 50,000 unique users each day.
14Aug2015
Anthonia Ojenagbon (Silton African Kitchen)
On Enterprise Stories this week, from making hats to serving the President of Nigeria her Peppered Snails. Anthonia Ojenagbon’s entrepreneurial journey started in 2006, she was making hats for special occasions for ladies, a business she ventured after attending training on how to design and make quality hats. Anthonia felt she was on the right track and figured it was only a matter of time before she made the big break making hats. In 2009, she attended the Entrepreneurial Management Program of EDC, the program made her do a complete turnaround of her business choice. The 360 degree turn led to following her passion for cooking and this was how Silton African Kitchen was born. Since starting the kitchen, she has made many wonderful strides among which include winning a grant on the Federal government Youwin program, selection on the Tony Elumelu Foundation Program and receipt of $5000 grant and setting up her restaurant. Anthonia has achieved a lot for her business but not without some challenges. Tune in to Inspiration 92.3 FM this Tuesday, August 11,2015 to listen to the story of the Snail woman
13Aug2015
The Economy & You (SMEs and Insurance)
Risks are inevitable. In business, these risks are inherent and SMEs must identify them, understand their peculiarities and how to mitigate them. In this episode, we will be focusing ONLY on insurable risks which are a subset of risks inherent in running a business. Risk against loss of business premises, work men injury and employees running away with your hard earn money! In developed economies, certain businesses can never commence operation without insuring against product and public liability risks. These are some of the insurable risks that can totally bring a business on its knees making it gasp for air. Join us as Mr. Richard Borokini – A Sociologist, Chartered Insurer, Lawyer and MD of Royal Exchange General Insurance Company Limited walks us through insurable risks that ensure we do not start from ground zero if and when risks occur.
07Aug2015
Building a Fashion Brand (Davida)
To succeed in an industry where the opportunity for fast growth is slim, you have to work harder to get attention. A recent MasterCard survey found that more than 35% of Africans considered fashion and accessories spending priorities, Nigerians on the other hand are the only Africans with plans to increase their discretionary spending in the future despite the economy. Spending power in Nigeria means brands need to deliver, and 2 brands that have been delivering despite numerous challenges are Dakova and Davida. DAVID KOLAWOLE VAUGHAN, Founder of DAKOVA brand. Back in high school he loved art related activities and represented his school at numerous debates and fashion shows. That love for fashion in 1986 saw David setting up a shop after acquiring fashion related skills and knowledge in a Fashion Studio, in the UK. Today, he has received over 40 awards including ‘The Nigerian Designer of the year’ 4 times. DAVIDA OKPARAH, Creative Director of DAVIDA is a Barrister by profession, Distinct Shirt Maker by calling she has carved a niche for her Brand as THE authority on shirt making in Nigeria. Her designs have accrued endless encomiums as her excellence hasn't gone unnoticed in several quarters. It is no wonder that the 2004 St. Moritz Style Awards Winner has garnered a cult-like following as many style oriented divas swear endlessly by her designs. In this edition of Enterprise Stories we will be asking our 2 guests how they have been able to weather the stormy waters of building a fashion brand in Nigeria.
06Aug2015
The Economy & You (Opportunities for SMEs in the Agric Value Chain).
The Agricultural sector remains the most important non-oil sector, contributing about 40% to Nigeria’s GDP and employing about 70% of the country labour force (NBS, 2010). Opportunities in the Agric-Value chain is however yet to be fully exploited. With agro-allied industries spanning its services from production, manufacturing, agro-inputs (fertilizers, pesticides, etc.), packaging and distribution besides extension of credit facilities for agricultural investment, the market potential in Nigeria is huge. Join us as Mr. Kayode Faleti – An economist, financial services & agribusiness development specialist and a senior program manager in charge of the southern regional office of USAID opens up the possibilities that exist for SMEs in the Agric Value chain and start the conversation on how agribusiness impacts on the Economy and You!
03Aug2015
Enterprise Clinic On Air
Every last Tuesday, we turn Enterprise Stories to a Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. Access to those that understand the tough business environment is critical in order to make running your business smooth. Join Nneka and the EDC experts this Tuesday at 3pm for the live program on Inspiration 92.3 FM -Business Clinic on Enterprise Stories. The numbers to call to join the conversation are: , 01-2772923, 01-2773923, 01-6320923 To jump the queue, send your questions, challenges or comments ahead of the program to or upload your audio recording via https://edcradioonline.com/e-report (using your Facebook account). When we treat your case, many similar cases are simultaneously resolved!
24Jul2015
Ubong Akpanette (Ackerley Autos)
Ubong Akpanette- Ackerley Autos Graduating from University and filled with enthusiasm and passion Ubong couldn’t wait for a stellar career in the Arts and Communication Sector. A graduate of Theatre Arts from the University of Uyo, Ubong’s dream got shattered when the Silver-bird Group rejected her for the compulsory National Youth Service Corps. All hopes of working in companies where she could use her talents and skills were dashed and eventually she swallowed the bitter pill and found employment in Germaine Autos one of the new generation automobile sales and maintenance companies in Lagos. As the PA to the GM Finance and Admin, Ubong excelled and within a short time was moved to the Admin department. Grateful but unfulfilled Ubong requested to be moved to the Sales department hoping that she would find the role more rewarding and challenging- and that move was all she needed to realize her talent. After a few years and thousands of nairas in her bank account, Ubong left Germaine to venture out on her own. Our guest this week on enterprise stories is a woman who overcame the challenges of being a novice in a male dominated sector to one who today says her major currency is ‘Trust’. From 70,000 used to purchase a computer, printer and other small office items a few years ago to servicing large corporate organizations’ fleet in 2015, Ubong is indeed not your typical female entrepreneur. Tune to Inspiration 92.3 FM this Tuesday 21st July or log on to edcradioonline.com and listen to Mrs. Ubong Akpanette talk about Theatre Arts, Trust and Tyres!
23Jul2015
The Economy & You (Construction and Real Estate)
Why is construction and real estate sector important to the Nigerian Economy? What has it got to do with Job creation? How can SMEs tap into the Construction Value chain? Are government policies driving investments in this direction? To answer these questions and more, Join us as Mr. Akinola Olawore – an entrepreneur and chartered surveyor, past president of the African Real Estate Society guides us through the importance of the construction industry to the economy and You!
16Jul2015
Patricia Ojora (Promo Print Ventures)
Patricia Ojora is the founder of Promo Prints Ventures. The company specializes in the manufacturing and printing of customized promotional items such as t-shirts, corporate apparel, caps, uniforms and many more. The business idea came from her involvement in providing t-shirts for a charity walk meant for children with heart conditions. Patricia could not find any decent t-shirts so she decided to do them herself. After receiving a couple of good remarks on the work she did for the charity event she decided to turn it into a profitable venture. Starting up small, Promo Print Ventures Ltd began with no forms of machinery and most of the activities were carried out from the backroom of her home but now she has been able to setup her own factory. In her own words, ‘I don’t want to be the biggest but the BEST…. Patricia today has become one of the most successful entrepreneurs in the industry. Tune to Inspiration 92.3 FM or log on to edcradioonline.com and listen to Mrs. Patricia Ojora share insights into her successful business and how it all came about.
15Jul2015
The Economy & You
Why should SMEs be interested in the Economy? Is there a correlation between Policies, Incentives and the economy? Are certain sectors more critical to the economy than others? To answer these questions and more. Join us as Dr. Emeka Osuji – a man of many parts (Economist, Banker, Public Servant and Senior Faculty at the Pan-Atlantic University) breaks down the economy as it affects Small and Medium Enterprises in the premier edition of The Economy and You!
09Jul2015
Modupe Ogunlesi (Adam and Eve)
In 1996, while Modupe Ogunlesi was preparing for her daughter's wedding ceremony, there was some difficulty in finding a good store in Lagos which had gifts for guests to pick from for the couple. The opportunity struck the entire Ogunlesi family that they could have a retail store with unique gift items for all occasions. The Adam and Eve business started immediately and everyone including her husband was a part of the business.
Today, Adam and Eve has become a household name in the retail business in Nigeria, with branches in Lagos and Abuja, employing 32 full time staff and even also giving back to the community.
03Jul2015
2015 GEW Partner's Forum
Enterprise Development Center (EDC) Pan Atlantic University launched the 2015 Global Entrepreneurship Week (GEW) with a Partner's forum. Both the National and regional partners were in attendance. Nneka Okekearu, Deputy Director of EDC opened the forum, Olawale Anifowose the GM of EDC and National coordinator of the GEW thanked the partners for their support and Betty Egbuna gave an overview of the GEW 2014 events.
23Jun2015
Matthew Ibadin (Mattson Creations)
Is passion the most important ingredient for a successful business? This enterprise story is about Matthew Ibadin, CEO of Mattson Creations who left everything to follow his passion for photography. As a young boy, Matthew was captivated by beautiful scenes and always thought of becoming a shutterbug, but this was something his parents would not have. They were prepping him to go the university and get a job like everyone else. Matthew would take his free time and go to a store close by to check out the camera equipment and look at thousands of photos; he was in love with still images. By the time he was ready to enter the university to study political science, Matthew had raised some money to purchase his first camera. During his four years in the university, Matthew was making enough money to take care of himself, rented a studio and employed 2 staff. Moreover, he was the first to start the popular motion pictures in the university. Today, he owns four fully equipped modern photo studios across Nigeria and employs 40 people. Matthew Ibadin has travelled round the world for exhibitions & training and has also captured many photographs of world leaders. Mattson Creations is now in the final stage of setting up an institute of photography. Has Matthew’s passion been enough for his success? Tune in to Enterprise Stories and listen to Mr. Matthew Ibadin share his story.
18Jun2015
Sola Babatunde (OSC College Of Fashion)
How often do our dreams come to be? This week’s enterprise story is about a lady who dreamt she owned a bank, pursued that dream but ended up owning a fashion school. While working at Fate, Sola had a dream where she was teaching people how to sew. Inspired by the dream she resigned and enrolled at a fashion school in Nigeria and upon completion she enrolled at Saint Martin in London. 5 outlets and 2500 students later, Sola has showcased at numerous shows within and outside the country. Was it the dream or being around entrepreneurs that spurred her on?
11Jun2015
Adejumoke Olukoya (PAXO Health and Beauty)
The popular saying of Little drops of water making a mighty ocean epitomizes Adejumoke Olukoya journey as a leader in the Nigerian beauty industry. In 1996, as a fulfilled Research Assistant in a UK pharmaceutical company Jumokes world did a 360 when she met her life partner and had to return to Nigeria. Upon her return, she was offered a wonderful job by a multinational pharmaceutical company. The day she went to collect her letter, Jumoke was shocked at the remuneration. She turned down the offer and at that point realized she needed to think of how to earn a living.
04Jun2015
Femi Olayebi - My World of Bags (MWOB)
Opportunities abound everywhere! You only need to look more closely. The story of My World of Bag (MWOB) is about how a young lady relocated to Nigeria in search of a translator job and ended up making a fortune producing fashionable bags. Mrs. Femi Olayebi returned from Paris in 1991 after completing a Diploma in Translation. She had anticipated that she would find a translation job in one of the international organizations in Nigeria, however, this did not go as planned, so she engaged herself with tailoring lessons which a friend had offered, little did she know it will later be her calling. A year later, in between temporary translation jobs with ECOWAS and nursing her baby, Femi still felt very dissatisfied with her professional life. One day, Femi went shopping in a popular market in Lagos for a baby bag, she spent hours in the market and could not find an affordable one, she then rushed to a Mothercare shop but unfortunately, she did not like any of the pretty pastel-coloured PVC bags neither could she afford any of them. It was at this time she thought -I can make a bag for my use instead. Femi got busy very quickly and this was how My World of Bags was born.
28May2015
Dr Bayero Agabi TMC Limited
The debate about Entrepreneurs being born or made is one without a sure winner and Bayero Agabi's story is a fine example of the debate. After several years in paid employment, in the media industry and reaching the peak of his career, Bayero opted to start his own media business. He soon became Africa's leading ICT broadcast journalist but always felt there was more he could achieve with his wealth of experience. In 2007 he registered Transatlantic Media Company (TMC) and leveraged extensively on his ICT knowledge. Within a short period, TMC became a major player in the media industry, employing some of the best brains in the sector. What did he do right? Was he born an entrepreneur or did he develop himself to become one?
21May2015
Emmanuel Abidoye (Femtec Limited)
The saying that 'every disappointment is a blessing in disguise' can't be more real for Emmanuel Abidoye, the CEO of Femtec Limited. Emmanuel's story is about how a young man's dream of becoming a medical doctor was dashed when he failed the entrance examination. Today, Mr. Abidoye's Femtec business employs 52 permanent staff and provides internship space for 20 young people annually. He recently commissioned their state of the art corporate office in Ilorin, Kwara state.
14May2015
Enterprise Clinic on Air May 2015
Running a business in today’s environment can be tough, but access to those that understands the terrain can make the experience a lot easier. This Tuesday, we turn Enterprise Stories to Clinic where we LISTEN, ADVISE and ASSIST you navigate the business terrain. You can jump the queue by sending your questions, challenges or comments ahead of the program via email to – when we treat your case, many similar cases are simultaneously resolved! You can also send SMS to .
07May2015
Aderonke Adeyemo (CEO, House of Treasures Comics)
In 1996, Aderonke Adeyemo was fed up with the poor attitude her primary school pupils had towards reading and retention. As a teacher, she devised several methods but none worked. One day she decided to draw on the board and was shocked at how engaging it was for the kids but she never knew that was the first revelation of the path she would walk! Soon after, she resigned from her teaching career...
30Apr2015
Idongesit Harrison Umoh (Idong Harrie Footwear and Accessories)
Idongesit started Idong Harrie Footwear and Accessories in her 2nd year as an undergraduate with N10,000 from her pocket money, with no formal training in footwear manufacturing and certainly none on running a business. Upon graduation and youth service, she briefly worked for a telecoms company before throwing in the towel to pursue her dream.
23Apr2015
Mimi Ade- Odiachi (Omar Gardens)
Mimi Ade- Odiachi is the MANAGING Director-CEO of Omar Gardens Floral Company, a company renowned for its specialty in horticulture services. In 1990, when Mimi resigned from Royal Exchange PLC
20Apr2015
Godwin Oruh
Chief Oruh shares tips he used to grow his insecticide production company, Oruhtrade International Ltd, into a force to be reckoned with.
20Apr2015
Tosin Jegede
From fund-raising music concerts at 5 years old to social services. Tosin Jegede enjoyed a career as a child star and now she is helping other children get educated with her social enterprise.
20Apr2015
Ehime Eigbe of Sweet Kiwi
