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Top 6 Business Trends In 2020 That You Need To Keep An Eye On



business trends in 2020

Top 6 Business Trends In 2020 That You Need To Keep An Eye On

business trends in 2020

It is quite obvious that with trends come opportunities and that is the reason we have this post on leading business trends in 2020. No matter how you may want to see it, the “twenty-tens” are over and we are stepping into a new decade. You need to ask yourself if this outgoing decade unveiled the way that you expected it. Were you hoping to achieve certain goals but you didn’t quite get to it? Now is the time to see the new decade as the fresh start for your business, personal development, career, and financial goals.

Also read: Top 7 things you need for a successful business and marketing strategy in 2020

We have considered emerging business trends in 2020 and have come up with amazing tips that you must pay attention to. As an entrepreneur, you don’t anybody to tell you how competitive the business world can be. To be on top, you must have a good hold on the pulse of modern technology. Also, you need to keep up with the latest innovations. Having said that, here are the top unique business trends in 2020 expected to drive business growth.

The Top 6 Business Trends In 2020

  1. Machine Learning and AI Proliferation

With the way things are going, the artificial industry has been growing and it will have a huge and significant impact on the world economy; especially in the coming years. By using little AI algorithms, you can improve user experience in nearly all industries. A very good example is the use of artificial intelligence by Spotify to make the listening experience more personal. They were able to achieve this by creating customized sessions for each user.

In the customer care service industry, there is a visible transformation by AI. Today’s chatbots and virtual assistants can handle more tasks and efficiently facilitate the customer journey. People now utilize machine learning to better respond to customer requests. Businesses and consumers will benefit from the smart use of technology.

  1. The shift to a freelance workforce

There have been lots of freelance platforms like Fiverr, Upwork, Freelancer, etc where people access jobs and get paid online. It would be very hard for you not to not the workforce shift from traditional employees to a freelance model. A Gallup study revealed that about 57 million people in the United States are in the gig economy. Lets us consider the statistics below:

  • More than 90% of self-employed workers believe their job is making a worthwhile contribution to the world.
  • 82% of freelancers and contractors are very proud of their career, and
  • 97% of contractors report that they are much happier than their permanent counterparts.

Well, you can see the reason why the freelance workforce is expected to jump to 43% come 2020. So if you have been contemplating having a side gig to save up for investments or pay off debts, 2020 will surely make it happen. If you are the type that wants to leave your corporate life behind and become self-employed, then the freelance market is your best pick.

You should know that it does not only entail delivering packages for Amazon or Alibaba. You can build a career in the freelance economy as a writer, designer, web developer, and countless others. Another good thing about freelancing is that it allows you to pursue side businesses because you have control over your time and schedule.

Freelancing also allows new mothers to earn a flexible paycheck without any reliance on full-time office jobs.

  1. A rise in Business consolidations

If you are looking for more reasons to pursue self-employment in 2020, well let me give you one. There is a very high chance that we will have a string of major business acquisitions in the coming year. Taking a cue from what happened in the last two years, AT&T  acquired Time Warner, Walt Disney Company purchased Twenty-First Century Fox Inc.,  and the Meredith Corporation acquired Time Inc.

This year alone, there was a meager between United Technologies and Raytheon, the same happened between Bristol Meyers Squibb and Celgene. If you don’t think that there will be such things in 2020, then you need to think again. Please, you must take these business trends in 2020 seriously so you don’t get caught in the middle.

Should such things happen to the company that you work with, you might find yourself taking a pay cut or even getting laid off. In an event that you are retained, there is the possibility that you will not like the culture or the new boss. You must understand that there is really no such thing as job security unless you are self-employed.

  1. E-Commerce will continue to take the lead

A report by Statista revealed that in the coming four years, global e-commerce is expected to hit around $5 trillion dollars. This would cause most retailers to move their investments from brick-and-mortar storefronts to online stores. You can look at what Amazon, Alibaba, etc are already doing in the industry. These companies have utilized the power online shopping, leveraging social media to generate billions of dollars in sales.

With the rate at which more specialized retailers appear on the market, there seems to be no limit to what can be sold online.

  1. The Rise of All-Encompassing Digital Platforms

In recent years, companies have been trying to provide more services and options to their customers. There has been an increasing demand for all-in-one platforms to handle financial transactions, security, as well as banking needs. Business owners and their consumers appreciate the ability to accomplish more than one of their goals with a single vendor. In recent years, these comprehensive systems are gaining popularity and they will surely be an increase in their demand by 2020.

We have seen businesses and companies like Cyfe with massive IPO create central business-intelligence platforms. These platforms have great APIs and integrations that will continue to push the tech pace. Prime Trust also offers a one-stop-shopping for business owners by providing financial services and infrastructure solutions. This creates a better customer experience.

Read: Top 10 important job skills for the year 2020 and beyond 

With the growing demand for diverse payment methods, these types of full-service banking and financial platforms will be a necessity for even small businesses and storefronts. Many customers desire contactless credit options as well as the ability to pay with Cryptocurrency or their phone. The demand for high security and 24-hour access to funds will certainly increase in 2020.

  1. Blockchain technology and Cryptocurrency advances

Mainstream adoption of Blockchain technology has been on the rise in recent years and it will definitely continue in the coming years. Conglomerates like IBM, Microsoft, JP Morgan and many more have all cued into this disruptive technology. The cryptocurrency which is the first “birthchild” of Blockchain technology will also enjoy more patronage in 2020.

With the Facebook Libra to be launched next year, more people around the world will get to be more involved with Cryptocurrency.


These top business trends for 2020 will help you shape your mindset as you prepare to enter the New Year. As an entrepreneur, you already know that adapting to the changing consumer market is crucial for the success of your business. You have to know what your customers are demanding and where they spend their money. To be in a better position to help your business make the right decisions for the coming year, you need to seize on these leading business trends in 2020 that are likely to influence business growth.



Visionary, and Passionate entrepreneur who believes that greatness lies not in what you see, rather, it depends majorly on how you see. I'm that diligent and determined guy that sees things very differently. Let's make a difference people.

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Top 10 Forex Brokers In Nigeria And Their Platforms



Top 10 Forex Brokers In Nigeria 2018



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App & Software

Top 10 Refer and Earn Apps in Nigeria 2020



Hello there! Do you want an extra source of income? Or, are you interested in making some cool cash without having to risk investing a start-up capital? Do you just want to make some more productive use of your mobile phone, in generating some cash for yourself? If your answer to any of these questions is YES, then you’ve got yourself an opportunity to achieve just that by following this article to the end! This article discusses in detail the top 10 refer and earn Aapps in Nigeria 2020.

In the following paragraphs, you’ll get to know about a few mobile apps which pays you just for referring others to use the app.

But before going through these apps, here are a few things I feel you need to note before you could start earning:

  1. You need to be a registered user of the applications.
  2. You’ll need some data particularly for installing and running the applications.
  3. Trying to earn an income from this apps is NOT a Get-Rich-Quick thing. The earnings from these apps are not always gigantic, although they could add up really quickly if you out in more effort.
  4. The earnings may seem so little at the first. But don’t be discouraged; the more the referrals you make, the more you earn.
  5. You don’t need any special skill to start and/or manage these apps or the referral process. You can simply use the traditional methods to get new referrals from time to time; and finally
  6. You can start right away!
Top 10 Refer and Earn Apps in Nigeria

Top 10 Refer and Earn Apps in Nigeria

Top 10 Refer And Earn Apps in Nigeria 2020

See some of the top 10 refer and earn apps in Nigeria 2020 below:

(1) SumoTrust Affiliate

SumoTrust affiliate is a refer-and-earn program by a Nigerian-owned financial oraganization named SumoTrust. They are an automated investment/savings, learning and finance management organization. They help users in effectively planning their money, as well as make wiser financial and business decisions. Users set savings goals, and work towards achieving them over their forecast time. They also have other options where you can fix your savings you don’t want to spend over a period of time.

But how does their affiliate program work?

All they want from you is to share a referral link gotten from your Affiliate Earnings section in the account which you have with them. Send it to your friends on various social media handles such as Twitter, WhatsApp, etc. and ask them to join Sumotrust.

For each successful referral that registers and saves up to seven thousand five hundred naira (N7,500), you earn six hundred naira on the go! You can reach them on or download their app from your respective application store.

(2) Motute Affiliate

Motute is an education-based app in partnership with SumoTrust. Motute (a.k.a. Mobile Institute) is a learning and teaching marketplace which connects instructors in various fields from around the world to organizations, individuals or group of individuals towards imparting novel skills and knowledge in building better careers as well as gaining financial freedom.

To participate in Motute referral program:

  • Download the app from your respective stores
  • Register with them
  • Then tell your family and friends about buying a course with them.

For every sale you bring to Motute, they pay you 25% commission. There you go.

(3) VFD Microfinance Bank App

VFD Microfinance bank app is a financial institution that operates a little differently from your regular bank. VFD microfinance bank boasts of putting out “Nigeria’s first truly virtual bank,” V. The application is free, and there aren’t any hidden charges either for funds transfer within or outside VFD.

How can you make money through VFD Microfinance bank app referral program?

Veelager is a platform on V which allows you to make money through referrals to the bank. Refer 25 people to V app and get thirty thousand naira, provided they continue banking with VFD. But that’s not the highest they pay for referrals. The more you refer, the more you earn. It’s as simple as that.

(4) FairMoney App

Fair money lends money to borrowers. You could loan up to five hundred thousand naira from them, all depending on their assessment of your financial profile or history. As soon as your application is made and approved, you get your credit alert from the bank, of course, with terms and conditions which you’ll agree to.

However, whenever you successfully make a referral to the app, FairMoney gives you a five hundred naira discount. Does it look too little? Multiply that by twenty and see what you get. The choice is yours to make. 

(5) Cowrywise App

Cowrywise is a financial organization, just like VFD which allows customers to save, invest and get interests over a period of time at interesting rates. Their savings and investments also come with security just as you’ll find in traditional commercial banks.

As a form of encouragement to customers towards referring others to them, Cowrywise rewards her customers. You could earn up to five hundred naira per referral as a Corporate ambassador with Cowrywise.

(6) Luno App

Luno app deals in different types of cryptos, especially etherium and bitcoin.  The app could also be used for savings, apart from trading.

For every referred user that purchases BTC worth five thousand naira, Luno rewards you with two hundred and fifty naira worth of bitcoin. Like I’ve always said, the more the referrals, the more you earn.

(7) JumiaPay Nigeria

JumiaPay, as you may already have guessed, is a subsidiary of the renowned ecommerce platform, Jumia. JumiaPay is a free online payment app that allows you to recharge your phone, book a ride, order your food, or even pay utility bills.

When you invite anyone to use the app, JumiaPay pays you N500 when your referrals spend above the same amount using the app. There you go.

(8) Carbon App

Next on our list is Carbon App. Carbon App, formerly known as PayLater, is a nice app for investing money, making loans or making payments.

Carbon App does not charge you for transactions done on the app: interesting if you asked me.

In a means of providing more earning platforms for its customers, Carbon app pays five hundred naira per referral when the referred repay their first loan.

(9) Branch App

Branch is an online lending platform that provides loans to customers. They offer loans ranging from N1, 500, up to N150, 000.

On every referral you make, Branch pays both you and the referred N500.

(10) Piggyvest App

And last but not the least, is Piggyvest App. Like Cowrywise, Piggyvest allows you to save, invest and earn interests over time.

When you make referrals, and they complete their profile, you earn N1000 on each referral. Multiply that by fifteen and see how much you’ve got.

There you have it: various applications which pay you for just making referrals via your social networks. The choice is now yours to make: will you take it or will you leave it? Make a move today and earn by just referring people – friends, family, even strangers to use any of these apps today!



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Top 10 Blockchain Startups in Nigeria 2020



Over the years, modern technology has been dominated by companies based in first world countries. However, technological resources shouldn’t be located exclusively to a minute part of the world. In reality, the possibility of technology invading every sphere of human endeavor with its potentials can only be achieved when tech resources are distributed globally, as well as their use in helping local populations who are already showing a degree of commitment to improving their developing communities. More so is the advantage of knowing which of the crypto companies to invest in and how. With this list of the top 10 Blockchain Startups in Nigeria 2020, you can never be wrong in your choices!

In Nigeria, Africa’s largest economy, a number of blockchain startups are growing to meet the need for a cryptocurrency-thirsty populace. This is regardless of the fact that cryptocurrencies are not yet accepted legal tender in the West African country. Between April and June this year (2020) alone, $34.4 m was transacted in Bitcoin in Nigeria, the largest share on the continent. As stated by Usefultulips, South Africa followed behind with $15.2 m; Kenya with $7.8 m; Ghana, $ 640,000 and Tanzania $600,000.

It should not be alarming, therefore, that useful platforms through which cryptocurrencies are traded are springing up in handful places around the country.

Of all these platforms, I bring to you those that I consider the top 10 of Blockchain startups in Nigeria. See them below:

Top 10 Blockchain Startups in Nigeria 2020

(1) Quidax

Co-founded in 2016 by Uzo Awilli and Buchi Okoro, Quidax allows its users to freely purchase as well as sell cryptos in their local currency. Trading in Ethereum, Ripple, Bitcoin, Litecoin alongside other cyptocurrencies can be easily done on Quidax.

(2) BuyCoins

Provided by Bitkoin Africa, BuyCoins was founded in 2017 by Timi Ajiboye, Tomiwa Lasebikan and Ire Aderinokun. BuyCoins has a funding of $120,000. Users on BuyCoins have the opportunity to buy and sell cyrptocurrencies within a very short range of time.

BuyCoins conduct their services via their app, taking off prospective traders the stress of seeking other traders in the crptocurrency market. BuyCoin supports Bitcoin Cash, Litecoin, Bitcoin and Ethereum. Cryptos can be traded via their app which is available for IOS and Android devices.

(3) Bundle

Bundle is provided by and backed by Binance and was founded by Yele Bademosi. With Bundle, users can sell or buy Ethereum, Bitcoin and BNB. They also offer their customers the opportunity to buy cryptocurrencies using bank or card transfer. Proceeds from sales of cryptos, could also be withdrawn and deposited into your commercial bank account. With just N500, you can trade in BNB or Bitcoin.

(4) Yellowcard

Yellowcard provides users services for purchasing cryptos via the internet through debit cards or bank transfer. With this, they (users) can load their back accounts in the local currency, before paying for the digital coins they’re interested in. Currently, Yellowcard is in support of dash and Bitcoin core and would be adding tether (USDT) and Bitcoin cash (BCH) in the days ahead. Yellowcard is founded by Chris Maurice

(5) Patricia

With a dynamic operating mode, Patricia makes trading in cryptos like Ethereum, discounted gift cards, Bitcoin, Perfect money, etc. easily available to prospects.

(6) ABiT Network

Founded by Gauis Chibueze (aka Bitcoin Chief), ABiT Network provides blockchain e-commerce services throughout Africa. Some of ABiT’s products include ABiT Play, ABiT Go, ABiT Farm, ABiT Reps, ABiTCrowd, ABiTrader, and Tatcoin. For instance, with ABiT Reps, ABiT offers youths the opportunity to earn by telling others about ABiT products. Their apps can be found on different online stores such as Android and IOS.

Top 10 Blockchain Startups in Nigeria 2020

(7) CryptoTvPlus

CryptoTvPlus is one of the leading media agency on the continent. They provide the latest info on events, updates, project reviews in the digital currency market. They have an active online presence on Facebook, Twitter and YouTube with an application for easy access on Google play store. Founded in 2018, Cryptotvplus has a revenue of $ 15.40 million.

(8) Bitfxt

Bitfxt is another Nigerian cryptocurrency startup. Recently, in February 2020, they secured N5.45 billion from UK-based Payitup clearinghouse Ltd in a bid to expand their cytocurrency infrastructure. Traditionally, Bitfxt deals in Bitcoin and allows trade from prospects all around the globe.

(9) Roqqu

Founded by Uchenna Nnodim, Roqqu provides a speedy platform for the buying and/or selling of cryptocurrencies. Within thirty minutes, withdrawals are completed using Roqqu. They support EOS, STEEM, Ethereum and Bitcoin transactions. Like other cryptocurrency trading platforms, Roqqu has an app on Google Play store for easy trading. Traders on Roqqu are referred to as Roqquians.

(10) NairaEx

Founded in 2015, NairaEx has recorded over hundred thousand users with over one million transactions. They are one of the most popular in the digital currency market on the continent. NairaEx is a top blockchain company in Nigeria where cryptocurrencies such as Litecoin, Bitcoin Cash, Ethereum, and Bitcoin are traded. They are a reliable company for the exchange of Bitcoin and other cyptos through common payment platforms. NairaEx allows users to fund and withdraw within the same day.


The majority of the blockchain companies mentioned and discussed in this piece and others not mentioned here are founded and spearheaded by young Nigerians. These are highly spirited individuals who are seeking novel solutions to ancient problems in their immediate environment.

Ranging from agriculture, to the energy sectors and the financial payments service industries, these startups are making life better for many. You should find a way and align with the current trend. There is something for you if you invest in cryptocurrency today.



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