OnePipe empowers Nigeria’s informal sector through The Growth Lab

By Onome Amuge.

OnePipe,a leading fintech company in Nigeria, recently concluded “The Growth Lab”, an educational platform specifically curated for Nigeria’s retailers and distributors in the informal sector.

The event was a pivotal part of OnePipe’s vision and mission, underlining the company’s commitment to the democratisation of financial technology and support for grassroots businesses in Nigeria

OnePipe, in  a statement, explained that the programme was crafted with the intent of supporting the core of Nigeria’s economy – the informal sector, by providing them with actionable financial tools to foster growth and sustainability.

Yvonne-Faith Elaigwu, head of operations at OnePipe, said the initiative is a clear indication of the company’s unwavering commitment to promoting financial inclusion, economic advancement, and individual wealth within Nigeria’s expansive, yet overlooked informal economy.

According to OnePipe, the informal economy in Nigeria, accounts for approximately 65 per cent of Nigeria’s GDP, houses millions of retailers and distributors. The company expressed optimism that given the right financial tools, these entrepreneurs have the potential to transform their businesses.

The Growth Lab showcased this potential, primarily through a compelling keynote speech by Yemi Chukwurah, CEO, Seams and Stitches Limited, which elucidated OnePipe’s blueprint for using digital instruments to uplift these professionals.

One notable tool, GrowTrade, was prominently featured during The Growth Lab. GrowTrade is a cutting-edge platform devised to assist distributors and retailers in enhancing their businesses. Attendees were privy to genuine testimonials from a distributor and a retailer who have reaped substantial benefits from GrowTrade, witnessing a remarkable amplification in their business trajectory.

The occasion also encompassed engaging breakout sessions that spotlighted new OnePipe initiatives and methodologies for harnessing customer service for expansion.

The day culminated in a  Q&A dialogue centred on financial inclusion, a topic of paramount importance in Nigeria’s fiscal milieu.

The Growth Lab event symbolises a platform, a declaration, and a pledge. We, at OnePipe, recognize the latent potential of our retailers and distributors. The Growth Lab was conceptualised to harness this potential, propelling growth, enhancing efficiency, and edging us closer to our envisioned future – a Nigeria where financial freedom is accessible to all,” declared Abang Emenyi, head of growth and marketing at OnePipe, who concluded the event.