Ugochi Ogundare

25 PLUS BUSINESS IDEAS FOR 2025 There are great opportunities staring at us in the face but often times, our mindset limits us into thinking otherwise. Who knew that the cost of living in Nigeria would be this high? Who knew the cost of renting a small cubicle as a shop will be nearly as high as paying for a full residential apartment? Regretfully this is where we have found ourselves in recent times. Shop rents are becoming higher than house rent in Nigeria today.  Ranging from 25,000 Naira per month to 100,000 Naira. This is in some remote areas on the mainland and its environs.  Others charge as much as 250,000 and above in places like Ikeja, Ogba, Ojota, Ketu, Island and so on per month.  I have witnessed many situations where a person rented a shop and was  unable to stock the shop with goods because all the funds went into rent. This is a bad way to start up!  Little wonder a lot of people hawk on the streets because they are unable t o pa...

25 PLUS BUSINESS IDEAS FOR 2022 There are great opportunities staring at us in the face but often times, our mindset limits us into thinking otherwise. Who knew that the cost of living in Nigeria would be this high? Who knew the cost of renting a small cubicle as a shop will be  nearly as high as paying for a full residential apartment?  But this is where we have found ourselves in recent times. . Shop rent is higher than house rent in Nigeria today.  Ranging from 15,000 Naira per month to 50,000 Naira. This is in some remote areas on the mainland and its environs. Others charge as much as 100,000 and above in places like Ikeja, Ogba, Ojota, Ketu, Island and so on per month.  I have witnessed many situations where a person rented a shop and was unable to stock the shop with goods because all the funds went into rent. This is a bad way to start up!  Little wonder a lot of people hawk on the streets because they are unable to pay for a shop.  People use their...