Nigerian SMEs have a high mortality rate, with almost 80% mortality rate over 5 years according to United Nations Industrial Development Organisation (UNIDO). The odds are more stacked against women entrepreneurs due to the diverse sociocultural barriers they face....
Imagine it was your birthday, and your friends and family got together to gift you N200,000 in cash. Let’s say the gift money came in mostly N100 and N200 notes. Obviously you’d be going home with several bundles of cash and for safety/security reasons,...
According to EfinA’s 2020 Access to Finance survey, low financial literacy is a major barrier to financial inclusion in Nigeria. Millions of Nigerians have neither bank accounts nor wallet accounts with mobile money operators. Women in particular are among the...
Important things financial literacy teaches you The maxim you’ve heard many times – information is power – is true. Research has shown that young girls are generally less confident when it comes to managing money than boys. This lack of confidence is due...
In the game of money and business, women face an uphill battle. Nigerian women are almost twice as likely as men to be excluded from formal financial services while 98 percent of Nigerian women are left out of formal credit markets. This lack of access to modern tools...
