UK-trained Nigerian lawyer wants to help SMEs succeed

Must Read

2020 Brand Africa 100: These are the 10 most admired brands in Africa

NIKE RETAINS #1 IN AFRICA FOR THIRD YEAR IN A ROW AFRICAN BRANDS DROP BY OVER 60% IN...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
UK-trained Nigerian lawyer wants to help SMEs succeedUK-trained Nigerian lawyer wants to help SMEs succeed

A UK-trained Nigerian lawyer has launched a start-up to help Nigerian businesses escape the frustrations of incorporation, operations, filing, and taxation.

Efe Ugboro, who has worked as a corporate lawyer in Nigeria and in the UK, before co-founding 618 Bees, says she’s dedicating her career to ‘helping businesses grow’.

UK-trained Nigerian lawyer wants to help SMEs succeed

‘Working as a corporate lawyer, exposed me to the issues many businesses in Africa’s face’, she says. ‘It’s difficult to register a business, difficult to understand all the issues around filing, taxation, and so much more. And most young businesses find themselves crumbling under the frustrations. There are many who just wing it until the realise that they’re in a mess.’

- Advertisement -

According to Efe, 618Bees.com was set up to be the quickest way to get a company started in Nigeria. The company is launching with a focus on Nigeria for now but plans to open up to other African cities where aspiring entrepreneurs are facing similar challenges.

‘618 Bees is a technology company using innovative solutions to help small, medium-sized, and big businesses succeed. We are the best way to get a company started, and we don’t stop there’, Efe Ugboro added.

From Lekki, in Lagos, Nigeria, Efe is working with an all-female staff of four, pulled from different parts of Nigeria, and from different disciplines, to solve a problem that continues to plague many small and medium scale businesses, using technology.

Read Also:  Unilever Nigeria Plc Q1'20 - Slow Trudge To Normalcy

According to data from Corporate Affairs Commission (CAC), the body charged with the responsibility to regulate the formation and management of companies in Nigeria, over 95,000 online applications have been made since the body launched its Companies Registration Portal (CRP) in 2015.

- Advertisement -

This entrepreneurial drive amongst Nigerians may be considered a positive indicator, seeing that the country’s unemployment rate stands at over 18%, with over 40% of the country’s labour force either underemployed or jobless, according to data from Nigerian Bureau of Statistics (NBS).

‘Our goal is to register 4,000 new businesses every year, with the plan to pull many informal businesses into the formal sector.’ Part of that plan, Efe Ugboro says, is to encourage many social media based businesses to incorporate, by giving them ‘offers they can’t refuse’.

‘We want to help everyone, but especially young, passionate women, succeed’, Efe concluded.

Read Also:  Heineken 0.0’s First Ads Prove You Can Have Fun Without Alcohol

618 Bees is in the early stages of fundraising.

- Advertisement -
UK-trained Nigerian lawyer wants to help SMEs succeedUK-trained Nigerian lawyer wants to help SMEs succeed

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

UK-trained Nigerian lawyer wants to help SMEs succeedUK-trained Nigerian lawyer wants to help SMEs succeed

Latest News

Deloitte Ranked No. 1 Consulting Service Provider Worldwide By Revenue According To Gartner

Deloitte has been ranked No. 1 by revenue according to Gartner, the world’s leading information technology and advisory company,...

Hyundai Motor and Sony Pictures Entertainment Announce Unique and Pioneering Multi-Picture Promotional Partnership

Hyundai Motor Company and Sony Pictures Entertainment today announced they have entered into a unique and unprecedented multi-picture promotional partnership that will feature the automaker’s new models and technologies in upcoming...

Working From Home: 8 Tips For Getting It Done

Most of us are well into the working from home routine and have adjusted to different spaces, pets and children on work calls, and...

Great Hit Songs from the Partnership of Rock & Hip-Hop Music

There is nothing impossible, Getting a hit song from Rock and Hip-hop can be quite challenging looking at the set-up of their respective genres....

Southco Releases New Display Mount Series Designed for Static Applications

HONG KONG, CHINA - Media OutReach - 28 May 2020 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -UK-trained Nigerian lawyer wants to help SMEs succeedUK-trained Nigerian lawyer wants to help SMEs succeed