Starting a business in Nigeria can be a thrilling and rewarding venture. With a population of over 200 million people and a thriving middle class, Nigeria presents vast opportunities for entrepreneurs and stands out as one of Africa’s largest and most promising economies. While the region offers tremendous potential, it also poses unique challenges that … Read more
In the world of Nigerian business and philanthropy, the names Femi Otedola and Tony Elumelu command great respect and admiration. These two prominent billionaires have been known for their entrepreneurial prowess and philanthropic contributions. However, recent revelations and accusations have rocked their once-strong relationship, leading to a dramatic breakdown. In this article, we will dive … Read more
In a groundbreaking move that has garnered widespread attention, Elon Musk recently announced the appointment of Linda Yaccarino as the first female CEO of Twitter. This historic decision not only marks a significant milestone for Twitter but also sends ripples of change throughout the tech industry. Yaccarino’s appointment as the leader of one of the … Read more
EkoHotBlog reports that Point of Sale (PoS) agents in Lagos State has announced new charges for cash withdrawal. According to Stephen Adeoye, Public Relations Officer, Association of Mobile Money and Bank Agents in Nigeria, Lagos Chapter, the change in the price list is to eradicate price discrepancies in the industry. Adeoye said, “Let me tell … Read more
Building a thriving online business requires more than just a great idea and a website. It takes strategic planning, perseverance, and a willingness to adapt to the ever-changing digital landscape. While success may seem elusive, there are insider secrets that can greatly enhance your chances of building a successful online venture. EDITOR’S PICK: 5 Unhealthy … Read more
The Nigeria Governors Forum (NGF) has reached an agreement with the Federal Government to immediately halt deductions from state accounts for local government obligations. The Minister of Finance, Zainab Ahmed, has confirmed this decision and stated that the deducted funds will be reimbursed to the states. In addition, a new leadership has emerged through consensus, … Read more
Starting a small business in Nigeria can be a daunting task, especially when you are working with a limited budget. However, with creativity and determination, it is possible to start a thriving business with just N50,000. In this article on Eko Hot Blog we would be looking at some tips on how to get started: EDITOR’S … Read more
Starting a new business can be an exciting and rewarding experience, but it can also be challenging and full of potential pitfalls. Many new entrepreneurs make common mistakes that can hinder the growth and success of their businesses. In this article on Eko Hot Blog we’ll discuss five common mistakes new business owners make and … Read more
By Sola Ogunbanjo Some recalcitrant owners of Businesses along Animashaun VeePee Road, Kilometer 2, off Idiroko Road, Tomori Estate, Sango Ota, Ogun State, have been mandated by the Ogun State House of Assembly to pay up their CSR (Corporate Social Responsibility) fees within a stipulated time or face possible prosecution. This is coming on the … Read more
Elon Musk took over Twitter in October 2022 in a $44 billion deal. His reign started with trying to reduce the platform’s dependence on advertising. However, the plan has backfired so far as revenue dropped drastically, triggering massive layoffs. Eko Hot Blog reports that Elon Musk has named a new chief executive of Twitter, just … Read more
Femi Otedola has shared a painful account of how Tony Elumelu betrayed their relationship. EKO HOT BLOG reports that the Nigerian billionaire and successful businessman, Femi Otedola, has revealed some details about his business relationship with Tony Elumelu, the Chairman of Transcorp Plc. Otedola made allegations that the founder of the Tony Elumelu Foundation has … Read more
As a small business owner, you’re always looking for ways to increase your revenue. But with limited resources and stiff competition, it can be tough to know where to start. The good news is that there are proven strategies you can use to boost your small business revenue. EDITOR’S PICKS 5 Unhealthy Habits That You … Read more
As businesses continue to grow and expand, streamlining business operations becomes increasingly important. In today’s digital age, technology has become an essential tool for businesses of all sizes to optimize their productivity, efficiency, and profitability. EDITOR’S PICK: 5 Unhealthy Habits That You Should Discard Right Away 4 Healthy Reasons Why You Should Consume Oranges Frequently … Read more
Transcorp shares previously held by Otedola have been sold to Tony Elumelu. On Thursday, the group chairman of Transcorp, Elumelu, completed the acquisition of Otedola’s shares. According to Transcorp, HH Capital Limited, which is a special-purpose vehicle owned by Elumelu, has boosted its stake to 25.58 per cent. EKO HOT BLOG reports that popular Nigerian … Read more
Marketing is a crucial aspect of any business, but it can be tough to achieve success when you’re working with a limited budget. Fortunately, there are several ways to create an effective marketing strategy without breaking the bank. EDITOR’S PICK: 5 Unhealthy Habits That You Should Discard Right Away 4 Healthy Reasons Why You Should … Read more
Entrepreneurship is a challenging but rewarding endeavor that requires a lot of hard work, dedication, and foresight. However, many entrepreneurs make some common mistakes that can adversely affect their business’s success. EDITOR’S PICK: 5 Unhealthy Habits That You Should Discard Right Away 4 Healthy Reasons Why You Should Consume Oranges Frequently Health: The Amazing Benefits … Read more
In November 2022, the NBS released data showing that more than 130 million Nigerians were multidimensionally poor. Although many factors were considered to reach that conclusion, hunger was prominent among them. Therefore, Fidelity Bank has taken a major step to reduce poverty and alleviate hunger in society. Eko Hot Blog reports that leading financial institution, … Read more
For busy entrepreneurs, time management is key to success. Juggling multiple tasks and responsibilities can be overwhelming, but with the right practices in place, you can maximize your productivity and achieve your goals. EDITOR’S PICK: 5 Unhealthy Habits That You Should Discard Right Away 4 Healthy Reasons Why You Should Consume Oranges Frequently Health: The … Read more
The list was compiled the Standard Bank Group and Africa.com, a women-led digital media company. The award organisers released the latest list on Wednesday, April 19. They said it is based on data-driven research. Eko Hot Blog reports that Nneka Onyeali-Ikpe, Managing Director/CEO, Fidelity Bank Plc, and Miriam Chidiebele Olusanya, Managing Director, Guaranty Trust Holding … Read more
In today’s highly competitive business world, it is essential to focus on customer satisfaction and retention to build a loyal customer base. Satisfied customers are more likely to become repeat customers and even brand advocates, which can lead to increased revenue and growth for your business. EDITOR’S PICK: 5 Unhealthy Habits That You Should Discard … Read more