mercyville:
I think he.should remove it...

laudate:
Yeah, [b]we hit 200 pages!! Kn23h, ODVanguard, Totit, Mercyville, Jetleee, GoldNiagara, ibkayee, veraponpo, gberra etc., a big thumps up for you all!! Keep the flag flying! Thank you!!

laudate:
Yeah, we hit 200 pages!! Kn23h, ODVanguard, Totit, Mercyville, Jetleee, GoldNiagara, ibkayee, veraponpo, gberra, scholes, hilroy, obaaderemi, ramdeuter, ijaya123, Kagawa10 etc., a big thumbs up for you all!! Keep the flag flying! Thank you!!

Take a bow, Kn23h! You are the babe!! Correct chic!

laudate:
Yeah, we hit 200 pages!! Kn.23h, ODVangu.ard, To.tit, Mercyvi.lle, Jetlee.e, GoldN.iagara, ibkayee, verap.onpo, gbe.rra, sch.oles0, hilr.oy, obaad.eremi, ramde.uter, ijaya1.23, Kagawa.10, shukuokukob.ambi, deedee.deee1, Dumakne.sset/Knessetd.uma, Cete.risXVII, Ja.hel2, etc., a big thumbs up for you all!! Keep the flag flying! Thank you!!

Take a bow, Kn2.3h! You are the babe!! Correct chic!

deomello:





Founded by Pastor Ademola Odunaiya

ibkayee:

Piiko:
make una find me nice Yoruba wife make I be omo oduduwa na

ODVanguard:

ibkayee:

We don't want you

deomello:















Founder and Owner: Chief Olatunde Badmus

laudate:
More products from Rubitec Power Ltd:

laudate:
Yeah, we hit 200 pages!! Kn23h, ODVanguard, Totit, Mercyville, Jetleeee, GoldNiagara, ibkayee, veraponpo, ProWalker, gberra, scholes0, hilroy, obaaderemi, ramdeuter, wristbangle, ijaya123, Kagawa10, shukuokukobambi, deedeedeee1, Basic123, Dumaknesset/Knessetduma, CeterisXVII, Jahel2, Markfemi2, Ritchiee, okway, Oxtonguy, SuperS1Panther etc., a big thumbs up for you all!! Keep the flag flying! Thank you!! May Olowogbogboro overload you all with multiple blessings!

Take a bow, Kn23h! You are the babe!! Correct chic!

laudate:

Don't worry, I trust Deomello. He wil fix it.

updatechange:
Meet Tomisin Ogunobi the 12 years old Nigerian girl that built an app to avert kidnapping in Nigeria.

https://buzznigeria.com/12-year-old-nigerian-pupil-develops-mobile-tracking-app/

gberra:
I can't begin to imagine how long this thread will go when the younger generation stomp on this thread.
This thread has become a Project, a field of study, a knowledge domain, especially to the future generation. kudos!!!

Mr. Deji Akinyanju founded Food Concept and Entertainment Plc in 1999 and serves as its Chief Executive Officer and Managing Director. Mr. Akinyanju started his career with Accenture (formerly Andersen Consulting) in London. He has over 20 years experience in IT, trading and the hospitality business within the UK, South Africa, Rwanda, Ghana and Nigeria. He serves as a Director of Food Concept and Entertainment Plc. He also serves on the board of the Nigerian International Franchise Association. He served as Director of AIICO Insurance Plc. He holds a BA Information Systems (UK) and an MBA from Cardiff, Wales

Tantalizers Nigeria, with her husband as CEO, shares her experience in starting her business in Nigeria. The first hurdle the couple had to scale to realize their dreams was the recurring decimal in the stories of all entrepreneurs.


That was 15 years ago. Today, Bose and Folu Ayeni have not only made Tantalizers one of the leading chains of fast food restaurants in the country, they have also listed it on the Nigerian Stock Market as a public limited liability company.

From just one shop eatery in Lagos, Tantalizers has spread across major Nigerian cities, rivalry the other known brands like Mr. Biggs, Tasty Fried Chicken, Sweet Sensation and a host of other not-so-popular ones.

In February 2010, Tantalizers forged a strategic partnership with The International Finance Corporation (IFC), an arm of the World Bank which granted it $7million in loan and took $1.5million equity in company to help take the fast food company to the next level and outwit competition posed by foreign eateries like Shoprite, KFC and Barceló’s in Nigeria.

Though Tantalizers has grown into a multimillion dollar company today, getting a loan from the bank was by no means the only mountain they had to climb to reach the Promised Land they now occupy. First, they had to deal with Shylock landlords.

Bose recollects that, “When we started we actually didn’t start with lack of location. Anyway, we were renting the premises that we were using. But along the way when we also saw that when you rent a property, our experience has shown that, for our kind of our business, you will have to completely redesign the premises to the level of the standard you want to set.

“And the landlord is watching you improve the state of his house and once your lease expires you can be sure that you will come tantalizers back to pay double. One, he is looking at the renewing the lease on the building; he is looking at how your business is doing well so that he could be a partaker of whatever profit that comes.

“Overtime we have had such experiences. The option they give you is that you can move out if you can’t pay and you would not want to move because you have already established your business in that location. After such experiences we also decided that maybe we should look at acquisition of buildings or land and build on our own rather than having problems of landlords.”

A strong will is certainly important for every entrepreneur, especially if you start business in Nigeria. No sooner had they decided to acquire their own properties and build than they had to contend with another challenge: land speculators!

“We faced problems with land speculators. You buy a piece of land and at the point you are about to build on it somebody would come to claim the land. And as we speak now, we have a similar case at a site.

“After paying, we sent for the soil engineer to start the soil test because of the kind of structure we want to build on it. It was an initial property but suddenly somebody came to say that they own the place. Unfortunate, it was the police. As we speak, we have not been able to resolve the issue and we are waiting for the authorities before any work could commence,” the Tantalizers boss recounts.

This prevalent problem of land speculators has not stopped the company from growing though. Even amidst growing competition from local and international fast food brands, Bose and her husband have been able to steer Tantalizers in the right direction of grow and expansion. Tantalizers currently has over 30 outlets in Lagos alone and a total of about 50 across the country. For some time now, the fast foods restaurant has been planning on taking its operations outside Nigeria to the US, UK and Europe.

However, Tantalizers’ growth has not been without fierce competition coming from other fast foods companies, indigenous and international. Competition and the challenge they pose to Tantalizers’ dominance is not an issue Bose loses sleep about; Tantalizers, according to her, is not resting on its oars in spite of its achievements and wants to continue to expand. Her words: “We have been in business for 15 years and we have seen different phases of competition.

“We started from where competition was largely local. We had a dominant or major player who was Mr. Biggs and all others. All others then were made of people like us, Tasty Fried Chicken, Sweet Sensation and we have lots of neighbourhood competitions.

“But overtime, we found out that a lot of neighbourhood operators were dwindling and some of them have shut down. Then all others are surviving. And in the last five years, we discovered that the competition moved from being local to international. We have had a couple of entries of international brands.

“We now have KFC, South African brands among others. The face of competition has changed, and demands made on local operators from consumers have also changed. It has changed expectations of average consumers.

After graduating from the university of Lagos, Kehinde Kamson got a job as an accountant at an oil and gas servicing firm. During this time, she was already married to a man named Sir Yinka Olusoga Kamson, and so, decided to start a side business where she sourced fish amongst fish mongers in Lagos. Her little business was called “Fish Mongers”, and she ran it for 5 years before she eventually shut it down because it was bringing in little to no profits, and was entirely unsustainable.


Without a large capital to start Sweet Sensation, her new entrepreneurial passion, she decided to start up from a shed in her family house, in 1994. This shed was located in the backyard of the compound, and was their gateman’s house. In this shed, she started selling ice cream, Chinese food, chicken, and rice.

The quick success from this little shed led her to open up a new branch in Lagos, and so, she promptly setup one in the Victoria Island region.

To make her fast-food brand stand out from the rest, she got creative by improving the ambience and experience in her restaurants and introducing a very diverse menu.

By the fourth year of running the Sweet Sensation fast-food business, she was able to secure a loan of 5 million Naira from the bank, which she put back into the business repeatedly to continue its growth.

Sweet Sensation today has over 25 retail outlets around Nigeria, employs over 2,000 people, and serves a wide array of dishes spanning over 60 different types.

GoldNiagara:
The information on this thread should be in print. This is part of modern day history of Yoruba. The world should know more about this great nation.

GoldNiagara:



The information on this thread should be in print. This is part of modern day history of Yoruba. The world should know more about this great nation.

laudate:

Yes, I agree totally. There should be a book series on these entrepreneurs, and a couple of TV documentaries as well. It is such a pity that people are so busy these days, but it is a project that I believe needs to be documented, for posterity.

In fact the supply chain structure, in each of these companies needs to be explored, analysed, documented and used as case studies in Nigerian universities, especially at MBA level. The logistics & supply chain structure used to distribute Alabukun for example, has always fascinated me. It is going to form part of my Ph.D thesis that is coming up.