₦airaland Forum

dadavivo:
go suck more balls

dadavivo:
We would have gone far, until Buhari came in, so many tech companies started shutting down in 2016.

Thunder fire Buhari dry yansh


Showroom.ng

The showroom platform started with the lofty goal of making millionaires of up to 100,000 Nigerian carpenters. Carpenters were to display their works and get connected to customers also shut down. But after 12 years of trying without success to scale its operations, CEO, Sheriff Shittu, announced in 2016 that it was shutting down.

Easy Taxi
Easy Taxi began in Brazil but was one of the first Rocket Internet companies to launch in Africa in 2013. Despite an additional funding of over $10million from Rocket International for its expansion into Asia and Africa, the news of its exit from the African market still shocked many. The company packed up when its Nigerian co-founder, Bankole Cardoso, stepped down in April 2016.

GoMyWay
It wasn’t up to 2 years into its operations, when this ridesharing platform announced that it would be bowing out of the business. Investors came to a conclusion to shut down operations because of lack of resources to run the business. But perhaps, the real reason would have been that the platform was reduced to a place for introductions as users tend to take transactions off the platform after contact.

Camplus
The startup which was founded by David Edet in 2016, was aimed at connecting students and student entrepreneurs across Africa through e-commerce. It had a promising start and made more than N4 million in sales revenue in just a month after launch. But according to its founder, Camplus’s shut down was due to recession prices and the high cost of running a business in Nigeria.

Efritin.com
The classified ads platform recently shut down its operations, barely 16 months after it was founded. The founder and CEO of Saltside Technologies, Nils Hammar disclosed that it was due to the platform’s inability to generate the desired returns on investment (ROI). Hammar added that the high cost of Internet and data and internet also informed the platform's decision to scale back on its investments in Nigeria.

PASS.NG

Samson Abioye was CEO of Pass.ng until his death on July 28, 2017. He was 25. The LAUTECH Alumni was using his work at Pass.ng to push his dreams to help young Nigerians perform better in their WAEC, JAMB, and Common Entrance Examinations.



meanwhile under the terrorist Buhari 271 firm shut down in one year - MAN

Manufacturers and other private sector operators on Tuesday painted a gloomy picture of how the foreign exchange restriction placed on 41 items by the Central Bank of Nigeria had affected operations in the business sector.

They said that since the restriction order was placed last year, about 272 firms had been forced out of business, 50 of which were manufacturing companies.



While some of the affected manufacturers have relocated to neighboring countries, according to Manufacturers Association of Nigeria, at least 222 small-scale businesses have closed shops, leading to 180,000 job losses.

amanikondo:
Thinking of shutting down my own. Do you know seun of Nairaland always blacklist websites?

MollyBank:
Moderators will not this post push to front page. If it's stupid topics like Big brother Nigeria, or Tonto Dikeh flashes her bum bum, Bobrisky shakes her brea't ,they will be quick to plaster them on the front page.

nwoke37:
I don't think that the Present Government Administration is Affecting Our Technology As a Nigerian.The major problem we've with Technology in this country is that ,
We Hate the Truth!!!.The majority of Our Expertise in our ICT department lack potential and tecnical Skills.Many of our Technology doesn't meet international Standards.Our Expertise majorly depend on Tools, equipment, reusing almost Gone ideas for generating New Tecnology. Let me Guss ? how many Tech Companies in Nigeria can Stand Microsoft, Google, Apple.
The reasons why we don't have a Tech company that can meet the Standards of this Tech companies in the World is not from the Government. It is from us as a Technologist. We shouldn't depend on others people Technology. We should try to create a better Technology that is Quality Driven .If this could be Done, the Government will support & if they don't other investors from different countries will support as long as the Product produced Is Good.

LotusFan:
Yes, Yaba but I think they moved to Ikorodu road last year. I no dey Naija so I’m a bit out of date but I try to keep abreast of these things.