According to Business Times, relying on outdated IT infrastructure may seem like a way to save costs by avoiding new hardware purchases and migration challenges. However, this approach can lead to hidden expenses that impact overall efficiency and productivity. The article discusses these hidden costs and suggests potential solutions to modernize IT systems effectively.

According to the PwC Africa Family Business Survey 2025, family businesses in Africa are experiencing strong growth and resilience despite facing economic uncertainty, regulatory changes, and geopolitical pressures. The survey included 79 family businesses from East, West, and Southern Africa, revealing that 66 percent of the respondents achieved single-digit growth.

According to Tori.ng, Nigeria's ongoing economic reforms have led to the shutdown of 767 companies due to increasing production costs and a difficult business environment. This situation has sparked intense debate regarding the impact of these reforms on the economy.

According to Soko Directory, many businesses fail not due to a lack of ambition from their founders, but because their ambition outpaces their financial discipline and operational practices. The article outlines ten essential business practices that are crucial for a business's growth and long-term survival, emphasizing the importance of maintaining a balance between ambition and practical management.

Discussions about small and medium-sized enterprises (SMEs) in Nigeria have traditionally centered on access to finance. However, according to Nairametrics, funding alone is insufficient for driving the next phase of SME growth. Entrepreneurs are confronted with challenges such as high operational costs, evolving customer preferences, rapid technological advancements, and increased competition, indicating a need for a broader approach beyond just financial support.

The Nigeria Family Wealth Report 2026, published by Meristem Family Office, emphasizes the importance of early planning for governance, next-generation readiness, and asset structure to ensure family wealth continuity. It highlights that even profitable businesses may face risks if their success is heavily reliant on the founder's relationships and decision-making abilities.