Why Most Businesses Fail
Most businesses close within their first five years due to poor market fit, weak financial management, and limited adaptability. Find out why failure is common.
Most businesses close within their first five years due to poor market fit, weak financial management, and limited adaptability. Find out why failure is common.
A business coach is more than a consultant or mentor—they are a partner who helps entrepreneurs and executives set goals, build strategies, and stay accountable. Learn what business coaches do, why they matter, and how to choose the right one.
Elon Musk's net worth crossing the $500 billion mark is a sign of a fundamental shift in the creative and media landscape.
Raising prices is a natural part of running a business, but it does not have to alienate customers.
The WHO says 1.4 billion people globally live with hypertension in 2024, but fewer than 25% have it under control. Nigeria is among those with treatment rates as low as 10%, raising alarm among health experts.
PenCom now allows Nigerian pension fund administrators to invest in foreign exchange–denominated assets such as equities, bonds, and real estate, under strict guidelines to manage FX risk.
Electricity workers in Nigeria have begun a nationwide strike over pay and working conditions, triggering blackouts in major states and raising fears of a wider grid collapse.
Many believe starting a business requires significant capital and resources, deterring potential entrepreneurs. However, successful ventures often begin with minimal investment, leveraging technology and creative strategies. Lean operations, testing ideas, and utilizing freelancers enable growth without heavy expenses. Ultimately, businesses thrive by being resourceful, agile, and customer-focused, proving simplicity can lead to success.
Across economies, wages are designed to cover living expenses, not to build lasting wealth. Even at senior levels, salaries often grow more slowly than inflation or lifestyle costs. Understanding why helps professionals make informed choices about their financial future.
In today’s environment, capital is searching for the right opportunities. The founders who position themselves correctly will find that investors are not distant targets but active pursuers.
Building a global career from Nigeria is a practical goal, but it requires preparation. The successes of Nigerians at institutions like NASA, the WTO, and multinational corporations prove that the pathway is already established. The challenge for today’s professionals is not whether the door is open, but whether they are ready to step through it.
Employee loyalty is no longer about perks or pay alone. Drawing on data from Gallup, case studies from Andela and Access Bank, and global insights, this article explores how Nigerian companies can retain top talent by embedding recognition, growth opportunities, and authentic leadership into their culture.
Dangote Refinery’s logistics-free fuel delivery scheme is gaining momentum as Conoil, Eterna, and others join, eliminating delivery charges for registered marketers in eleven states and promising lower retail prices for consumers.
A new economic impact report reveals Uber drivers in Nigeria earned 34% more than other transport jobs in 2023, gaining an extra ₦6.1 billion in income.
Chiamaka Nnadozie of Nigeria’s Super Falcons has been ranked fourth-best goalkeeper in the world in the 2025 Ballon d’Or, highlighting her standout performances this season.
The Lagos State Government has mandated courier riders to wear reflective jackets and use visibility tapes for all night deliveries between 6 p.m. and 6 a.m., in a new push to curb road accidents.
The Federal Government has begun investigating a mysterious flesh-eating disease in Adamawa that has killed seven people and infected dozens more, with experts suspecting Buruli ulcer.
The Workplace Radio, a subsidiary of The Workplace Media, is Nigeria’s first dedicated platform for workers. With podcasts, interviews, policy insights, and inspiring stories, it is more than radio—it is a movement that gives Nigerian workers a voice, a home, and a community. Join today: @workplaceradioo.
The UN’s plan to close UNAIDS by 2026 threatens to derail Africa’s HIV response. With Nigeria home to 1.9 million people living with HIV, experts warn of setbacks without the agency’s leadership.
A draft U.N. plan seeks to close UNAIDS in 2026 amid dramatic funding cuts. The agency warns that without renewed support, access to HIV treatment will worsen globally.
The Nigerian Communications Commission has raided bookshops in Ibadan, seizing devices used for pirated IPTV streaming and arresting suspects, as part of its nationwide fight against copyright infringement.
The U.S. has introduced a $100,000 annual fee for new H-1B skilled-worker visas, a move the Trump administration says will protect American jobs but critics warn could hurt tech firms and foreign professionals.
PenCom’s Director-General, Omolola Oloworaran, described the bond issuance as part of a larger effort dubbed “pension revolution 2.0,” aimed at restoring retirement dignity and resolving delays in pension payments.
As of now, users reportedly have a grace period to either clear storage or upgrade. Those who do nothing risk losing access to the full features of their email accounts.
On Friday, Wike addressed the striking doctors, stating: “I have signed all the doctors’ requests on my table today.”
Despite finishing off the podium, Nathaniel expressed optimism. He said he hoped the performance would serve as inspiration for young Nigerian athletes and viewed the result as an opportunity to learn from the world’s best.
To understand this moment—why it matters, where it is strongest, and what implications follow—we must examine the structural, technological, political, and moral pressures bearing down on work today.
The Future of Jobs research from the World Economic Forum shows that many workers must refresh significant parts of their capabilities between 2025 and 2030. This is not abstract forecasting; it affects promotion, employability and strategic impact inside organisations.
Below, I present 10 courses that should form the core of any professional’s development plan.
More than four months after authorities evacuated roughly 22,000 people from the Muna displaced persons camp and shut down its water system, a portion of its residents continue to live there, even though structures are deteriorating.
One of them, fifty-year-old widow Maryam Suleiman, remains with her 12 children under leaking roofs. She says she cannot return to her village, Dongo, where Boko Haram killed her two younger brothers in 2014.
Nathaniel clocked a time of 47.47 seconds to claim first place in Heat 2. He edged out Ismail Abakar of Qatar, who set a personal best of 47.61s, and the USA’s Caleb Dean, who finished in 47.85s. His time is the fastest among all semi-finalists.