FATE Alumni Spotlight: Ekene Som Mekwunye of Riverside Productions
Our alumni feature this week is on Ekene Som Mekwunye (AEP 29) of Riverside Productions who has produced several features and also won accolades in the entertainment industry including the 2015 AMVCA Award for Best Short Film Why and when did you start Riverside Productions? Riverside Productions…
Surviving the Fuel Scarcity phase as a Small Business owner
From Aba, Portharcourt and Enugu to Ilorin, Osogbo, Lagos and Abuja, the impact of the scarcity of fuel, the hike in fuel price and fuel queues is taking a grave toll on small businesses in Nigeria. While many lament the decline in sales as a…
Filling the Void in Osogbo’s Auto Care Business
Adeyemi Ifaturoti is an aspiring entrepreneur whose autocare startup aims to provide computerized diagnostic services, automobile repairs and mechatronics training to residents of Osogbo, Osun state. Osogbo, the capital and commercial center of Osun state is where Adeyemi Ifaturoti comes from and also where he…
FATE Alumni Spotlight: Monalisa Abimbola Azeh of Mona Mathews
On today’s FATE Alumni Spotlight, we profile Monalisa Abimbola Azeh (FATE AEP 4 ) as she shares the vision behind the Mona Mathews brand and her passion to push “made in Nigeria” What was your mission when you started Mona Matthews? I had several missions. To start with, it was to provide…
FATE Foundation partners with BOI to implement the Youth Entrepreneurship Support Programme
The Nigerian Government recently launched the Youth Entrepreneurship Support Programme (YES-Programme) with the aim of developing the entrepreneurial capacity of the Nigerian youth and providing concessionary loans to fund innovative ideas. The programme which is being coordinated by Nigeria’s Bank of Industry (BOI) and 11…
Customer Service and Its Impact on Business Profitability
Profitability in business is often tied to aggressive marketing and sales. While marketing and sales are vital ingredients for business success, modern research shows that Customer Service has a more lasting effect on business profitability. The Nigerian business environment has grown in the area of…
Turning A Fashion Startup Into a Successful Venture
In our next profile of our newest startup entrepreneurs, Onomeme Adene, Founder of Onomene Couture and of our Aspiring Entrepreneurs Programme (AEP) 54 class talks to us about her growing fashion venture. What is Onomene Couture all about? The name Onomene Couture is a combination of…
FATE Alumni Spotlight: Yinka Osobu of CMC Interiors
Our inaugural FATE Alumni Spotlight is on Yinka Osobu (FATE EEP 4). In this post, Yinka talks about CMC Interiors, her vision for the company and what she has learnt from FATE Foundation. What products and services are offered by CMC Interiors? We manufacture home office and hotel furniture, bespoke,…
Business Outlook in 2016
With the foreign exchange crisis, falling global oil prices and government revenue, Industry stakeholders have stern predictions for the Nigerian economy in 2016 which will no doubt impact on Micro, Small and Medium Enterprises (MSMEs). Speaking at FATE Foundation’s Alumni Knowledge Building Session for the…
The Nigerian Business Environment in 2016
On Thursday, January 14, 2016, FATE Foundation hosted Dr. Ayo Teriba, CEO, Economic Associates and Michael Faniran, Senior Manager, Accenture Nigeria to a conversation on the Business Outlook for Nigeria in 2016 With over 100 FATE Alumni members in attendance, the discussions focused on the Nigerian Macroeconomic Environment…