Start-ups shrink as energy cost bites

by | January 1, 2018 2:11 am

Ademola Ogundesi runs a bakery at Ejigbo, a suburb of Lagos. He started this business in 2015 after his National Youth Service Corps (NYSC) in Kogi, one of the Nigeria’s six north-central states. After saving up N100, 000 from his monthly stipends at the NYSC, he got N5 million from an angel investor who opted…

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