List of COVID-19 Resources for Nigerian Entrepreneurs

By Oluchi Johnson-Achibiri | 2 min read
15th April 2020
List of COVID-19 Resources for Nigerian Entrepreneurs

Updated April 29, 2020

As most businesses struggle to survive during this period, we have compiled a list of resources to guide Nigerian entrepreneurs at this time. We will continue to update this resource page so do visit it regularly to stay informed and provide guidance on how to keep your business afloat. 

1. Entrepreneurial Leadership Strategies: These resources are essential guidelines for every entrepreneur needing guidance for their business during and beyond this crisis period.

2. Employee Management : 

3. Funding and Financing

  • Accessing the CBN COVID-19 N50 Billion Naira Credit FacilityThis article provides details on how to access the Central Bank of Nigeria's N50billion facility for small and medium sized businesses and households. 
  • Moratorium on LSETF Funding: This form by the Lagos State Employment Trust Fund (LSETF) allows  LSETF loan beneficiaries with performing loans whose businesses have been impacted by the COVID-19 pandemic to apply for a loan repayment rescheduling plan. 
  • Google Ad Credits: As part of an $800 million fund announcement to support small businesses, Google has announced free Google Ad Credits of up to $340 million value for small and midsize businesses with active accounts in the past year.
  • Facebook Small Business Grants: A few weeks ago, Facebook announced the launch of their Small Business Grants Program that will provide $100million in cash and ad credits to 30,000 businesses in the 30 countries where Facebook operates. Details of the grant disbursement process are yet to be confirmed for Nigeria/Africa and we will be sure to update you when made public. 

4. Digital Tools and Resources

  • HootSuite Social Media Management Platform: Hootsuite, the social media management platform has opened up for free its professional plan from now till July 1, 2020.
  • Free Business Management Courses: In this article, we share 5 free business management courses you can take on business planning, business model canvas, digital marketing and financial literacy. 
  • Free Calendly Integration: Calendy the appointment scheduling software company co founded by Nigerian American Tope Awotona is offering Zoom and GoToMeeting integrations free of charge from now till June 2020.

5. Agribusinesses

  1. Managing the COVID-19 Crisis as an Agro-Entrepreneur: The agribusiness space is very critical to socio-economic survival of this crisis however the sector also comes with its own unique challenges and opportunities. Edobong Akpabio in this write up provides guidance on how to navigate both. 
  2. ScaleUp Lab Accelerator Programme: The 6-month ScaleUp Lab Agribusiness Accelerator programme by FATE Foundation is a perfect programme for any agribusiness entrepreneur looking to strategically reposition their business at this critical time. 
  3. Nourish Africa: This virtual resource for African Agribusinesses provides learning, funding and resource information for businesses along the value chain. 

Oluchi Johnson-Achibiri
Oluchi Johnson-Achibiri has a background in Management Consulting and is passionate about lending her experience to help entrepreneurs start and scale their businesses.
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