Review of the Business Day Nigeria Event: Top 100 Fastest-Growing SMEs in Nigeria

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The Business Day Nigeria Event held on the 6th of December, 2019, at Landmark Event Centre, Victoria Island, Lagos, Nigeria. The focal theme was: Unlocking Nigerian SME Potentials: the path to economic growth and the role of job creations.

You could not have walked into the hall without a sense of serenity.

There is no doubt that it was an enlightening event from the session facilitated by executives (particularly Eloho Gihan Mbelu’s session), to the interview session with Mrs. Kofo Akinkugbe and the fantastic panelist sessions.

Mrs. Akinkugbe Kofo, Founder of Secure ID, Interface Technologies, and a few other firms shared her inspirational business story.  And it appears that her desire to be an available and loving mother for her children got her to resign from a job, and start a business that could help her generate income. Today, her companies are one of the fastest-growing SMEs in Nigeria. Mrs. Akinkugbe stated three things every SME must do in business

  1. Think Big
  2. Start Small
  3. And Scale Fast

Plan to impact beyond the present and plan to impact the future!

The Exclusive thought leaders (Panelist) represented at the event were:

Eloho Gihan-Mbelu: MD/CEO, Endeavor

Collins Onuegbu: Executive Vice Chairman, Signal Alliance

Guy-Bertrand Njoya: Chief Financial Officer,

Pepper Chikezie: CEO/Founder, The Assembly

Elo Umeh: CEO, Terragon Group

Olawale Ayilara: CEO, Landwey Investment

Ukinebo Dare: Head of Edo State skills Development Agency

Teju Abisoye: Executive Secretary, LSETF

Jason Eronini: Manager of Nuli Juice and representative of Ada Osakwe, CEO, Nuli Juice.

Adaora Ayoade, CEO, EZ37 Solutions Limited.

Femi Osinubi: Partner, Emerging Tech Leader

Chude Jideonwo: Founder of Red Media Africa.

Deepankar Rustagi: V. Co.Founder/CEO/Omnibiz Africa.

Ada Irikefe: Head of the disruption team, PWC Experience Centre

A few intriguing statements significant for SMEs in Nigeria:

“A micro-enterprise needs to move from a survival mentality to an enterprise mentality. If your business cannot survive without you, then you are building a business on the survival model” – Teju Abisoye, Executive Secretary, LSETF

“SMEs need to take cognizance of researching data (transaction data, customer data, stock data, and information data). There should be credible proof to show that your business is making headway. Understand how to analyse business data and know the capital readily available.” – Deepankar Rustagi: Co. Founder of

“Is capital truly the problem of SMEs in Nigeria or the people and the mindset (psyche)?” – Elo Umeh: CEO, Terragon Group

“The idea of ‘do it alone’ no longer works if you want to succeed in the business space.” – Ada Irikefe, Head of the disruption team, PWC Experience Centre

“Staff training and individual growth are very important. I started as a counter at Nulie Juice but with continuous training and capacity development, I am a manager at Nuli Juice, today.” – Jason Eronini

The event also featured Exhibition booths and Master class business training sessions that served as an eye-opener to certain necessities in business.

And of course, an award night event was hosted by the award-winning editorial team, which granted awards to the top 100 fastest growing SMEs in Nigeria that has stood out in their space.

Beyond words, Business Day, Nigeria did a great job in creating packages that will help other SMEs represented at the event in different industries, grow to become the next top 100 fastest growing SMEs in Nigeria.

Many thanks to Business Day Nigeria for such an encompassing conference and event for SMEs in Nigeria.

Watch out for the SME space in Nigeria!

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