Updated: Aug 17
Startups and business survival in Nigeria are looking bleak as the new normal of social distancing, nose masks, lock-downs as Covid-19 has drastically evaded entrepreneurs and business owners especially nonessential servicing organizations from making great profit margins resulting in a spike in layoffs of workers to survive.
The new normal of remote working is a trend that seems to have come to stay even post Covid-19 and so, there is a choice of reviewing business operations to ensure organizations stay afloat.
Nigeria is diverse and rich in talents for the growth of its economy but Covid-19 has made it question its giant strides as its currency has been devalued on a skyrocketed level.
A new breed of entrepreneurs with resilience are been borne to ensure Nigeria survives the challenges that the Corona-virus pandemic has posed on the Nigerian economy.