Category: Business


  • Salami Agbaje, industrial magnate of the Ibadan colonial era, son of an early Muslim convert from Iseyin was born in Lagos in c.1867. Agbaje acquired an Islamic education to the exclusion of a Western supplement due to the objection raised by his parents who were at the time contemptuous of Christianity-proselytizing Christian Mission schools. When…

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  • Mo Abudu;  Talk show Hostess, hospitality, entertainment and media entrepreneur. Abudu’s show, Moments with Mo is Africa’s first syndicated talk show to be broadcast on M-Net and it goes out to over 40 countries. Shows are recorded in front of a studio audience with a variety of topics explored.  Coming from a professional background of…

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  • NEEDS, National Economic Empowerment and Development Strategy was Nigeria’s home grown poverty reduction and socio-economic development strategy under Olusegun Obasanjo‘s presidency. This framework for actions, developed by a 35-member drafting committee was headed by Economic Adviser, Chukwuma Soludo. As reflected in Obasanjo’s address at the launching of the nationwide consultation on the initiative, caution was…

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  • Dupe Abiola is a Nigerian-born British CEO of Intern Avenue, an online internship website for would-be interns who want placement and employers who need them. Dupe attracted investment for her innovative idea after successfully pitching at the tenth series of the BBC television show, Dragon’s Den. Dupe is daughter to MKO Abiola, business tycoon, philanthropist…

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  • Free Enterprise, as an economic principle, features minimum intervention of government and greater participation of private individuals in business management. This system, idealised by early political associations such as the People’s Union, endured in the tenets of the educated elites that Ademola II, Alake of Abeokuta, had recommended at his coronation in 1920 that “all…

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  • Kehinde Kamson is the founder of Sweet Sensation, a fast food brand with dozens of outlets in Nigeria. Kehinde Kamson was born as a twin child in 14 August 1961 to educationist parents, Beniah and Evagelin Adelaja. Her father was a principal of C.M.S. Grammar School in Lagos and pastor of the Anglican Church. Although…

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  • Awosika Ibukun is an Entrepreneur and Christian social activist, born in Ibadan on 24 December 1962 to mixed Nigerian and Cameroonian parentage. Awosika’s secondary education was at Methodist Girls High School, Yaba where she stood out as the best student. She studied Chemistry at the University of Ife (now Obafemi Awolowo University). Awosika’s interest in…

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  • Capitalism, according to Investopedia, is a system of economics based on the private ownership of capital and production inputs, and on the production of goods and services for profit. This Adam Smith’s doctrine, Aynrand adds, is a social system based on the recognition of individual rights, including property rights. Nigeria was incorporated into the free…

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  • Entrepreneurship is defined in an economics library portal as the process of discovering new ways of combining resources. The entrepreneur’s success may therefore be determined by the market value of these combinations. In one of the early uses of this term, a discrepancy is being made from investor by qualifying the entrepreneur as one who…

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  • Ijebu History, like those of many other preliterate Yoruba people, was not well documented, and different oral versions arose due to what one historian listed as political exigencies, conspiracy and the fear of domination. Of these versions, three are preponderant. A good number of Ijebu historical figures ascribe the origin of their kingdom to Ile-Ife, just…

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