Aizehi Itua’s Post

Market-entry Part 1: Ready to dominate new markets in Nigeria? 🚀 This video outlines the key steps for a smooth market entry in easy steps! At #alphaafricanadvisory , we walk with you through your market-entry journey and provide you with the guidance that you need to efficiently and effectively penetrate the Nigerian market. Let us know what questions you have in the comments. 😊 - - - - - #nigerianmarketentry #dominatenewmarkets #marketentrymadeeasy #nigeriabusiness #alphaafricanadvisory #businessgrowth #stepbystepguide #askusanything #nigerianentrepreneur #businesstrips #questions #q&a

If you run a business in the world that we are in today, you are daily buffeted by the accelerating economic contraction and the attendant inflation and skyrocketing cost of doing business. These uncertainties are magnified for SMEs, the very engine we need to reignite growth. This is why we are so passionate about Bank & Entrepreneur Africa (B&E)’s #ItsToughEnough initiative aimed at harnessing the know-how of world-leading entrepreneurial experts to help take citizens of Africa from idea (or no-idea) stage to viable business.   One of the first #ItsToughEnough partnerships is with Precious L. Williams (founder, Perfect Pitches by Precious). She will share tips for effective pitching with about 38 members of the Milliners Association of Nigeria on the 29th of February 2024. In addition to the Masterclass, B&E will also organize a private auction for the masterpieces created by the 38 milliners, to give them a global route to market. This addition is aptly tagged #Learnandearn

ANOUNCEMENT 🚨🇩🇿🚨🇩🇿🚨🇩🇿 My close friends already know how dear this mission is to me, now is the time to share it with all of you! Through my experiences in Algeria and in the effort of becoming a successful entrepreneur here, I believe that many of you that are considering to either come back to North Africa or just invest there will benefit loads. Hence, I have decided to document my journey from start to finish in the capital, Algiers, as I try to make my way to the top of the social/financial ladder. I will be sharing with you the working paradigms, the interesting legislation, the investment opportunities and most importantly, the influence that culture and religion have on all of the above! Plenty of ideas in mind, can’t wait to start posting!!!

In the midst of Nigeria's economic woes, a once-in-a-generation potential for transformative revolution emerges. Strategic foresight and innovation are critical, necessitating a break from traditional practices. This strategy is centered on building a strong entrepreneurial ecosystem that empowers SMEs to generate innovation, create jobs, and promote growth. Strategic initiatives, streamlined laws, and improved access to finance can help Nigeria realize its full potential for prosperity. Finally, this transformation must be inclusive and sustainable. Prioritizing equal distribution of opportunities and resources, as well as implementing ecologically responsible practices, supports long-term growth. Nigeria can lead the way to a brighter, more affluent future by leveraging its human capital, natural resources, and innovative spirit. WHAT'S YOUR OPINION?

Day 4: Navigating the Currents (Together We Steer Through Nigeria's Economic Rapids ♀️) Remember that lone wolf in the desert movie, battling the sandstorm all alone? Yeah, not a pretty picture, especially when it comes to navigating Nigeria's current economic landscape. ️ The truth is, #collaboration is your life raft in this storm! By joining forces with other businesses, you can pool resources, share expertise, and weather the rough seas together. Think of it like the legendary Argonauts: Jason, Hercules, and their crew didn't conquer the Golden Fleece solo. They combined their strengths, faced challenges as a #team, and ultimately achieved their goal. Here's a real-life example of Nigerian collaboration magic: Company A and Company B: These two seemingly unrelated businesses teamed up to create a revolutionary new product, leveraging each other's strengths in say [transport] and [agriculture]. The result? Exponential growth and market dominance! Ready to explore your own collaborative adventure? Here's how: 1. Identify potential partners: Look for businesses with complementary skills or resources. 2. Open the communication channels: Start conversations, explore synergies, and build trust. 3. Define clear goals and roles: Ensure everyone is aligned and understands their contribution. 4. Celebrate successes (and learn from challenges): Remember, teamwork makes the dream work! Don't be afraid to think outside the box and forge unexpected partnerships. Owning 100% of a small boat might seem safe, but it won't get you very far in this storm. By collaborating, you have the potential to build a powerful vessel capable of navigating any economic current. ---------------------------------------------------------------- #collaboration #partnerships #nigerianbusiness #weatheringthestorm #togetherwestronger #argonauts #thinkoutsidethebox

I remember days when I kept my little savings to buy used books (secondhand) at Yankura market (the average cost was N300) in Kano. I was fascinated by the stories of Apple, Facebook, Google….I had this friend whom I used to admire until one day, he said “There’s nothing much you’d learn from these books. They are just WHITE MAN’S THINGS”   Over the past five weeks, I have been in Silicon Valley, thanks to NSIA: Nigeria Sovereign Investment Authority for sponsoring Extension Africa as one of the 12 winning founders from Nigeria in the Fall Hero program at Draper University. I think Silicon Valley should be a pilgrimage for all founders and something African leaders and entrepreneurs should strive to build in Africa.   5 weeks, doing the WHITE MAN’S THINGS was just surreal. And I kept asking myself, why not Africa?   I’ll summarize my learnings in my next post and hopefully have a webinar to share my experience with founders. Now, it's time to do BLACK MAN THINGS! LET'S BUILD FOR AFRICA AND THE GLOBE

VISION TO OMISSION, NIGERIAN COASTAL HIGHWAY PROJECT: ABSTRACT: Any sociopolitical or socioeconomic service that underminds essential needs induces more friction and retardation in a derailing economy. INTRODUCTION: The idea of construction of coastal highway as source of channel, which could shorten distances between major economic cities of Nigeria is good. But Its completion, timing, study of future tidal encroachment due to climatic changes, payment for economic displacement of occupiers or users of the territory, possibility of full compensation and resettlement (in corrupt system like Nigeria), within the era of the contracting government, are hereby in doubt. ECONOMIC IMPLICATION: We learnt about the huge debt of Nigeria and the incessant complaints by the contracting government that Nigeria’s economy is ill. Considering the cost of such huge project, distortion of investors operation along the chosen link, the unemployment inherent in the displacement of business operatives within those zones, issues of community displacement due to encroachments on aboriginal sites, settlements and other logistics costs, the project though interesting, yet has far reaching predicaments. EFFECTS OF SHIFT FROM PLANNING: Information from the short video below, indicated that the coastal road network shifted from the originally scheduled master plan to a new proposal. This kind of shift in strategy, when investors have already avoided the official RIght of Way to confidently invest at neutral zones but just to be disappointed in the long-run, will have adverse effect on employment, because employees’ contracts will be terminated thus sending more labor seekers into the market, thereby increasing the deep problems of unemployment and starvation in the system with adverse increase in crime too. Investors without alternative location, will eventually close their business hence affecting the internally generated revenue for the States and Federation. CONCLUSION: It is obvious that nothing would stop the government from the continuation of demolition, which is often an easy and interesting jobs for most Nigerian leading executives to perform. But the main project might not go as smooth as the destruction. It is also known that Nigerian governments usually destroy to gain space they eventually would not use after all, thereby torturing souls and sending many to early death because, most times the government pay less than the value of the property and fails to resettle displaced people. The project might not also get completed at the end yet billions of naira will be annnounced as expenditure, which the executives eventually have shared and issuing some to the legislators and Judiciary to avoid impeachment and future judicial condemnations. Therefore, this proposed coastal link road may become another money jamboree. A source to offset financial crimes. Nigerians are going into another era of more debts and new fantasy project. I pray this works.

As Nigeria continues to navigate economic challenges, the nation remains poised for greatness, boastings vast human and natural resources. Yet, persistent challenges hinder progress. At EDI, we firmly believe that collective action and expert insights can drive transformative change. Today, we share practical tips to help stimulate Nigeria's economic growth and improvement, igniting a conversation that inspires innovation, collaboration, and progress. #ẸjéKaSégùnYí

NIGERIA AND TURKEY ON A NOBLE CAUSE📍🎈 A Stronger, Better, More Progressive And More Mutually Beneficial Collaborations And Rewarding Partnerships between Turkey And Nigeria to me is not only a clear vision but it is also a commitment. This video summarizes a recently completed feat but it is just the beginning of great things to come. WATCH IT TO THE END🎁💯 #Entrepreneurial #Technology #TechnicalSkills #Collaborations #Bilateral #Partnerships #Business #Procurements #Youths #Training #Artisans #VocationalSkills #Education #Export #Imports #Trade #Economy #Finance #Cultural #Relationships #Rewards

At 64, Nigeria stands as a beacon of resilience, growth, and endless potential. As we celebrate our independence, let’s continue building a nation driven by innovation, entrepreneurship, and sustainable development. Here's to a future where our businesses thrive, our economy soars, and we contribute to a prosperous global landscape. Happy Independence Day, Nigeria! 🇳🇬 #NigeriaAt64 #BusinessForGrowth #BuildingTheFuture"