GRBusiness
Tips to Starting a successful business in a bad economy


By Anyanso Mma
First: Concept
The idea of what you want to do. Sometimes it starts like a dream, a spark or an insight of a niche.
Second: Development
Build a system that runs operations either online or offline (office, shops, marketplace) or both online and offline
Third: Legal and accounts
Register with CAC, open company account (corporate account is always an edge) It gives your business shame face and makes you accountable too.
Fourth: Staffing and manpower
You need to hire;
- Sensible people with able hands
- People who share your dreams/ideas and concept
- People who understands systems
- People who have value to even obey and follow your system
- People who are willing to work for you, etc.
But as a startup you are not advised to over staff your small business when you have not started making profit, unlessave the cash to kick off and sustain operations before profits.
In most cases, the initiator of the business is expected to do most of the jobs, fill in for every department, do the run around, do the accounting, make the mistakes, etc to save cost in staffing and human resources management (HRM)
Fifth: Test run/experiment
Before your official launch, test run and experiment your operations as a customer, as a staff and as admin this will enable you see loop holes in your system and salvage wreckage from one mistake.
Sixth: Human Resources Management (HRM)
Even you as the business owner fall under this. HRM is not only for your staff.
Once you engage a worker or a worker, HRM must be applied if not you will not maximize their potential.
Human- This means that staff are human beings and not trees or mere machines
Resources -This means what a staff or staff have to offer you and your company
What they can do based on their abilities
Potentials embedded in them
Management- Is what you can do with them in terms of;
Workloads/tasks/assignments/responsiblies
Welfare (bonuses, promotions, leave, etc)
Salaries
Communications
Training for knowledge transfer
Retraining to refreshing their brains
Hierarchy
Dismissal
Punishments/consequences
Seventh: Upgrades/remodelling
Change of logo (if necessary)
Change of brand names (if necessary)
Change of company themes/colours (if necessary)
Change of slogan (if necessary)
Change of location (if necessary)
Expansion to a 2nd or 3rd branch
Website upgrade
Change from manual to automation
Change of hardware (if necessary)
Change of software (if necessary)
Change of vendors (if necessary)
Change of uniforms (if necessary)
Strategic expansion plans
Location facelift (if necessary)
Product reselling
Research and development (R&,D)
These are the common idea of things an entrepreneur has to out into account before starting a micro, small or medium level business.
The point is many entrepreneurs stop at the first step. They have difficulties birthing their own ideas.
That is where TheMap steps in from step one to the last. We make starting and doing business both online and offline very easy with a beautiful interface even if you don’t have a location.
TheMap started as an idea and now…
TheMap is the entire Real life redeveloped into an app.
Directory for everything, everywhere, everyone and every platform online.
TheMap is the guide to make finding and intereacting with places, people and things very easy. It is a fusion of various apps placed a new one.
You can also make money n TheMap through our social Monetization program which enables you own and operate various profitable ventures both ways Online and offline and have returns remitted into your account.
If you have existing business, TheMap can bring offtakers to sell off your products and services faster and easily with your having to stress about marketing, sales representative, payments and settlements.
TheMap helps you with logistics is your business have products that needs to move from you to your customers doorsteps.
TheMap gives your business state of the art technology such as CC payment solutions, CRM systems, digital marketing actions, communication channels such as toll FREE calls for your customers and much more
You can also own locations and have the location setup on your smart phone for easy management as people visit those locations in real life, you get reports on your smartphone and earn money with the power of Google maps and TheMap (local Google). You can own multiple locations and make money from them irrespective of your location. You can be in a different state or city and own and operate locations that is another state or city all entirely.
This is why technology is involved.
We have track records so be sure of your own testimony.
Have you ever palyes the monopoly board game? Where you own location and make money from them as other players jump in you then charge them according to the worth of your property and development on the site.
That is exactly what Themap.online is all about.
The differences between TheMap.online and the monopoly board game are;
- TheMap is real locations programmed with Google maps as a local google and setup on your phone as against just having imaginary locations on the monopoly board game.
- TheMap makes you real money that is paid into your account as against monopoly money that is worthless in real life and limits to the monopoly board game.
- Smart phone users (almost everyone has a smart phone) will jump into your locations online or offline and you are paid for life.
Imagine you own and run various filling stations within and beyond your neighbourhood and TheMap helps you deliver fuel and other filling station products and services to people who find convenience in that delivery and you make jeje money in your bank account .
Like I mentioned earlier, you can own multiple. locations and make tons of money from them because now they are not monetized yet so be the first to monetize and dominate your neighbourhood and beyond; Restaurants, Filling stations, Schools, Filling stations, Churches, Shops/stores/Super markets, Hotspots, Roadside sellers, Hospitals/clinics/labs, Laundry dry cleaning, etc.
Explore TheMap.
©Anyanso MMA
Transport
Enugu Air, CNG Buses, Transport Terminals Take off in May
… Govt set to develop tourist sites, reports SANDRA ANI


… Work starts on Nnamdi Azikiwe Stadium, Awgu Games Village in earnest
The Enugu Air, CNG Mass Transit Programme, and the ultramodern transport terminals all built from scratch by the Governor Peter Administration are to be launched for operation before the second anniversary of the government.
The government has also approved the development of the state’s tourism industry, while total transformation of the Nnamdi Azikiwe Stadium and Awgu Games Village will start in June to get them ready for the National Sports Festival to be hosted by the state in 2026.
These were made known by the Commissioner for Transportation, Dr. Obi Ozor; Commissioner for Culture and Tourism, Dame Ugochi Madueke; Commissioner for Works and Infrastructure, Engr. Gerald Otiji; and Commissioner for Youth and Sports Development, Barr. Lloyd Ekweremadu after the State Executive Council meeting at the Government House, Enugu, at the weekend.
Briefing Government House Correspondents, Ozor said, “We are starting off with the initial three aircraft and two of the aircraft are already on ground. The third one will be on ground by the end of this month. We are hoping to start the commercial operations before the second year anniversary of this administration.
“You have also seen buses for the mass transit programme across the state. 50 of them are already parked at Okpara Square, and an additional 50 will be joining that fleet in the next few weeks. The 100 of them will be going into commercial operations before the end of this month, which is the second year anniversary.
“Also, the bus terminals, two at Holy Ghost, one each at Gariki, Abakpa and Nsukka, will also be commissioned and go into commercial operations before the 29th of May, this year.”
He added that the government planned to bring in the electric and CNG automotive manufacturing plant into Enugu as well as launch in the next 150 days the Enugu Smart Transport Programme, which would see to the injection of over 2,000 electric vehicles.
Also briefing newsmen, Dame Madueke said funds would be invested in the tourism industry in phases.
“We are going to have it in phases. For the first phase, we are having Awhum Waterfall, Nsude Pyramid where we are going to have the first canopy walkway in the South East. It measures about 600 metres, which will actually be the longest in Nigeria.
“We also have Ngwo Pine Forest where we are having the first zipline in Nigeria. The zipline will measure about 300 metres. In the same Ngwo, we will have a big rotunda and a smaller rotunda. We have the Cross of Hope to be located at Okpatu. The Cross of Hope will be sitting 580 metres above sea level and the cross itself will measure about 50 metres, making it a total of about 630 metres above sea level. The cross will have about 15 floors with a lift.
“At Awhum Waterfalls, we are going to have another canopy walkway and a boardwalk to preserve the ecosystem.
“We equally have the Akwuke/Atakkwu Waterpark and Ovu Lake Golf and Resort at Akpawfu,” she stated.
She explained that all the tourist sites would have experience centres, food courts and renewable energy, adding that tour buses would soon arrive to ensure ease of movement of tourists.
Ahead of the 23rd edition of the National Sports Festival, Enugu 2026, Barr. Ekweremadu said the State Executive Council had equally directed the commencement of work both at the Nnamdi Azikiwe Stadium and Awgu Games Village not later than June.
“We also briefed the council on the progress made in establishing a Lab for Animation for young people in Enugu State, which His Excellency will be commissioning soon. The lab is ready.
“We are similarly working towards empowering over 2,100 young people across the state, who were trained around December last year. This empowerment will be coming up on the 12th of August, being the International Youth Day’” Ekweremadu concluded.
Energy
NNPC, Dangote Strengthen Strategic Partnership
Bot partners reaffirmed commitment to Healthy Competition Towards National Prosperity, reports SANDRA ANI


As part of ongoing efforts to promote mutually beneficial partnerships and foster healthy competition, the Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery & Petrochemicals (DPRP) have pledged to deepen collaboration aimed at ensuring Nigeria’s energy security and advancing shared prosperity for Nigerians.
This commitment was made during a courtesy visit by the President/Chief Executive of Dangote Group, Mr. Aliko Dangote, and his delegation to the Group CEO of NNPC Ltd., Mr. Bashir Bayo Ojulari, and members of the company’s Senior Management Team at the NNPC Towers, on Thursday.
During the visit, Dangote pledged to collaborate with the new NNPC Management to ensure energy security for Nigeria.
“There is no competition between us, we are not here to compete with NNPC Ltd. NNPC is part and parcel of our business and we are also part of NNPC. This is an era of co-operation between the two organizations.” Dangote added.
While congratulating the GCEO and the Senior Management Team on their “well-deserved appointments,” Dangote acknowledged the enormity of the responsibility ahead, noting that the GCEO is shouldering a monumental task, which he expressed confidence that, with the capable hands at his disposal in NNPC, the task is surmountable.
In his remarks, the GCEO, Mr. Bashir Bayo Ojulari assured Dangote of a mutually beneficial partnership anchored on healthy competition and productive collaboration.
Ojulari highlighted the exceptional caliber of talent he met in NNPC Ltd., describing the workforce as a dedicated, highly skilled and hardworking professionals who are consistently keen on delivering value for Nigeria.
Expressing the company’s readiness to build a legacy of national prosperity through innovation and shared purpose, Ojulari said NNPC will sustain its collaboration with the Dangote Group especially where there is commercial advantage for Nigeria.
Both executives also committed to being the relationship managers for their respective organisations through sustained productive collaboration and healthy competition, thereby envisioning limitless opportunities for both organizations.
Finance
PAFON 2.0: Experts Highlight Ingredients for Accelerated Financial Inclusion in Nigeria


Improved efforts at collaboration among financial service providers, telecommunication operators, and tech Startups, with conscious effort geared at consumer awareness, have been proffered as key remedies to the challenge of financial inclusion in the country.
This is the viewpoint of stakeholders that gathered for the second edition of Payment Forum Nigeria (PAFON 2.0) held recently in Lagos.


Delivering a keynote address on the theme, “Bridging the Customer Experience Gap for Financial Inclusion Using AI”, Ebehijie Momoh (Mrs.), the managing director and chief executive officer of AfriGoPay Financial Services Limited, said that with 64% of Nigerian adults being financial included the country has made immense progress in that regards.
She said that between 2012 till date, the country has recorded robust regulatory reforms, especially the launch of the Bank Verification Number (BVN) in 2014 making it easier to identify and track customers across different banks.
“This initiative enhanced the credibility of the financial sector and increased confidence in formal banking systems.
The growth in adoption of smartphones has also helped the financial sector to leapfrog financial inclusion. Nigeria has 142.16 mobile internet subscriptions with an average consumption of ~7.04GB / month as of January 2025. If you juxtapose it to the 15.9% decline in shipments of feature phones to 18.8 million units in Africa as at Q1 2024, you will understand that the uptake in smartphones has helped us a great deal.
Mrs. Momoh who spoke through Mr. Munachi Duru, the head of Innovation and Strategic Partnership at AfriGoPay, said the adoption of artificial intelligence banking gave birth to solutions like smile identity, a leading KYC verification provider launches facial recognition capabilities in Nigeria as neobanks and commercial banks are deploying AI-based KYC verification tools, enabling cheaper and efficient customer acquisition and servicing.
In her goodwill message, Mrs. Uche Uzoebo, MD/CEO, Shared Agent Network Expansion Facilities Limited (SANEF) Limited said that with progress made in accelerating financial inclusion to unbanked and underbanked communities in Nigeria, SANEF has leveraged Artificial Intelligence (AI) as the next step to advancement in financial services in the country.
She noted that as technology evolves rapidly within the financial ecosystem, Financial Inclusion must continue to be at the center of the nation’s progress.


According to her, agent banking has been a game-changer in expanding financial inclusion across Nigeria. “By deploying agents in underserved areas, we have brought financial services and banking products such as account opening, cash in, cash out, bill payment, transfers and other services closer to the unbanked and underserved.”
Speaking during a panel session, Mr. Ibirogba Oluwagunwa, chairman, Lagos State Chapter of the Association of Mobile Money & Bank Agents in Nigeria (AMMBAN), spoke of lack of collaboration and slow institutional drive towards AI as key barriers hindering digital inclusion.
He harped on the need for information sharing among fintech operators, and improved free flow of information to consumers. “The human barrier angle needs to be addressed. Fintechs need to be pushed to move forward, AI cannot operate itself.”
In his contribution, Mr. Chika Nwosu, managing director of PalmPay, reiterated the need to reach the consumers with simple format communication and education style.
He said operators should create awareness and design consumer-centric approach in developing any products. This will not only draw the consumers towards the product, but also generate trust and ease the use of such products.
Focusing on the use of AI to ensure reach, inclusion and security, Azure Application and AI Specialist at Microsoft UK, Olusoji Solomon Adeyemo, spoke on the need for AI and Blockchain in the bid to extend services to rural communities and the unbanked.


According to him, “AI, Blockchain and CBDs are shaping the future of payment, and there is a serious need for education. We need to align with global trends in new tech adoption.”
While noting that AI can ensure reach, Adeyomo said blockchain will also create digital identity that is exclusive and will promote digital financial inclusion.
In her position, Oluwabunmi Ogunyemi, the customer support lead at Moniepoint MFB, proffered physical and digital meet with customers, even in rural areas, as a viable means of inclusivity.
Also speaking, Olusegun Afolabi, the co-founder of Face Technologies UK Ltd., called for improved collaborations among stakeholders in the financial sector.
According to him, the fintech companies must also embrace effective identification solutions, focusing on biometrics and card technologies to ensure topnotch security for users.
Earlier in his opening remarks, Mr. Peter Oluka, co-Convener of the Forum, noted that the financial inclusion journey in the country has come to a crucial juncture where over 30 million adults are still financially excluded, many of whom reside in rural areas or belong to vulnerable demographics.
He noted that despite 12% growth in access to formal financial services between 2020 and 2023, as recorded by the EFInA Access to Financial Services Survey 2023, challenges still exist that hinders the unlocking of the potentials of digital payments to drive inclusive growth in Nigeria.
He further posited: “As digital infrastructure grows and fintech innovation accelerates, we must channel these advancements toward building a more inclusive, secure, and trusted financial ecosystem. This is not just about transactions — it’s about empowerment, opportunity, and economic participation for all.


Nodding in agreement, Mr. Chike Onwuegbuchi, co-Convener, PAFON, reiterated the need for all stakeholders in the financial payment industry, including regulators, to participate in forums as PAFON, to map out, growth strategies with consumers and other strata of the ecosystem.


He promised to invite security stakeholders, such as the EFCC and others in subsequent editions of the event. This will help give insight into security concerns in deployment of products and services in rural and unbanked communities.
Payments Forum Nigeria (PAFON) is a platform dedicated to shaping the future of digital payments and financial services in our country.
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