BUSINESS
HOW TO START A BOOK WRITING BUSINESS IN NIGERIA
HOW TO START A BOOK WRITING BUSINESS IN NIGERIA
Writing a book is actually one of the oldest forms of business for individuals. It’s not a new business or something new at all as books have always been written by individuals on different topics to meet the needs of different people. Books are very popular in whatever format they’re delivered in. Depending of what an individual writes about, they can make huge sales especially if it’s something that appeals to a lot of people or a very good idea that can bring gains to people who read the books. The business is not so difficult to start and is even one of the creative business options available in the country.
The book writing business, simply put, involves writing good a book, publishing it and sending it out for customers or book lovers to buy. Like I’ve mentioned earlier, most times when books are written, the amount of sales largely depends on the type of content written and also how well it can help individuals who read them. With the world being a digital place and technology growing bigger by the day, it has even become pretty easy for individuals to go about writing their book and uploading them for readers and still make money from it. The business is quite lucrative and one that can surely bring good amount of income for individuals.
There are several niches or topics that can be written about in a book. Individuals will need to write according to their expertise. Someone who can cook pretty well can write a cook book, an entrepreneur can write a book on ways other entrepreneurs can benefit and make good choices and decisions to help their business and so on like that. Simply put, an individual who is very good at a particular subject can simply put it into writing and have it published and sent out for sale. Even though they might be different topics or issues being addressed in the books, it is still bound to bring in profit.
One of the main reasons why this business can be considered as a really good business option is the demand from such books. People are always willing to learn new things especially things that can help them be better either in their life or their career or education or even to make money. Regardless of the reason, people read books everyday and it all depends on the type of book you’re writing to know how well you’ll get customers and be successful at the business. A good demand always translates to a good number of customers which surely results in a reasonable amount of income.
Another thing is that, with the advent of technology and the internet, it is a very simple business to start and you can go about it even right from the comfort of your home without having any problems. Digital books are quite popular and it provides a platform for individuals to use their devices, either a phone, laptop, or computer to access whatever books they want without having to go to a book shop. As an author, you can just sit down at home and complete the entire writing project and also have it published on the internet to ensure it is accessible to online users.
The business is not really hard and is something almost anyone can do as long as they know the business very well and they’re ready for what comes. You’ll definitely need to be an expert in whatever topic or field you’ll be writing about. This allows you to write about something you’re comfortable about and also to express yourself pretty well. It’s never a good idea to start writing a book on something you know absolutely nothing about. A good book will help you get customers and build a good brand name for you.
Starting the business doesn’t really involve much. You can do pretty much most of what you’ll be doing pertaining to the business totally from home without having to go to any place at all. The option for even doing your publishing, promotion and sale online even makes it a good comfortable business option for entrepreneurs looking to start a business. Special skills or training might not be important for the business as you only need to be very good at the subject or topic you’re writing about though an educational qualifications can prove to be useful for the business.
In the next sub heads, I’ll be discussing the steps involved in starting up a book writing business in Nigeria and some of the things that might prove useful during the course of running the business to ensure that you’re doing the right thing and also being successful at the business you’re starting.
- 1. RESEARCH
No matter what you’ve heard someone saying about a business and how well success is assured or how lucrative it would turn out, always try to do your own research. The research will not cost anything except your time and that time will prove to be well spent when the business starts and the successes starts coming in. It is important to do a thorough investigation about the business since you’re going to be investing your money into it and you’ve never been involved in the business. Some hours of research won’t hurt.
The research is always meant to give you an idea of what to expect and the challenges ahead to be faced. It teaches future entrepreneur how the business works and what success means. It shows the risks involved and the ways to tackle them. It also gives ideas on how to sustain the business and work towards more success. Imagine missing out on any of the mentioned points, it’s more like being less equipped about something especially something you plan to spend money on.
There are experts in the business, of course, so also look to advise from these individuals as they are most likely the best bet for reliable information on the business. Take note of even the smallest things during the research period and pay close attention to how to stay and survive in the business. The research is as important as anything in the business.
- WRITE A BUSINESS PLAN
A business plan needs no introduction. It is equally as important as some of the other processes or things involved in the business. After a comprehensive and thorough research has been conducted, entrepreneurs must now put all their ideas into paper after, of course, deciding to start the business. The business plan will cover things like the way you plan to operate, the cost of several things, how you plan to market your business, future projections and also contingency plans.
The business plan serves a number of purposes. In cases where individuals might need to get investors or even get a loan, it will prove useful as it will contain all that needs to be known concerning the business. It is also going to serve as a point of reference for the proposed business
- SELECTING A NICHE
Before you write a book, one of the things you definitely need to consider is what you’ll be writing about. You can add to your research to find out the kind of books people would be willing to read and also the kind of books that are profitable in the country. Whatever you decide, ensure you’re comfortable with it and you can completely write it in your own without any help or copying things from the internet. Also, if you don’t already know how to write a good book, now would be a good time to learn.
- CAPITAL AND LOCATION
Cost of writing a book is a bit high especially if you’ll be producing bulk copies of the book. As digital books are now something of a considerable option, you might not need too much capital to run the business except a few charges that you might have to pay to your publisher and also the platform you plan to use for selling your books. There’s absolutely no need for a location and you can do everything from your home.
- PROMOTION AND SALES
There are several online platforms available that help with promoting and also the sale of books. An example for instance is Okadabooks. You can write your book and have it uploaded to the platform. From there, you can get customers and people who would buy your books. There are also other platforms and you can simply just do your research. If you’ll also like to go about the normal traditional way, then you can just get a publisher, and then, send them out to bookshops or rather advertise through social media, word of mouth and referrals.
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BUSINESS
African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

The African Development Bank (www.AfDB.org) and the government of Chad have signed a grant agreement worth $44.9 million to finance the asphalting of the 49.5-kilometre Kyabé-Mayo section of the Kyabé-Singako road, including the construction of a 55-metre bridge.
The agreement was signed in N’Djamena on 19 February 2025 by Tahir Hamid Nguilin, Minister of State for Finance, Budget, Economy, Planning and International Cooperation, and Claude N’Kodia, the Bank’s Acting Representative in Chad. Several members of the Chadian government were also present, including the Minister for Infrastructure, Access-Improvement and Road Maintenance, Amir Idriss Kourda, and the Secretary of State for Finance and Budget, Ali Djadda Kampard. Also present was a delegation from the International Monetary Fund, led by its head of mission for Chad, Julien Reynaud,

African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section
The funding will support one of the Chadian government’s key development objectives through strategic infrastructure improvement.
“The [Moyen-Chari] region, including Kyabé, Singako and Am Timan, has strong economic potential. It is Chad’s main agricultural basin and livestock area, rich in fish resources. Fish are supplied from Moyen-Chari to a large part of the country’s south and even to foreign markets,” stated Nguilin, also the Bank’s Governor for Chad.
The road project will open up southern and eastern regions of Chad, reduce vulnerability, and strengthen the resilience of local populations, especially women and young people. It will improve the transportation of goods and people between Kyabé and Singako by providing an all-weather road, facilitating the flow of agricultural and animal products from the rich areas of Moyen-Chari and Salamat to the consumer centers of Sarh, Moundou, N’Djamena and Abéché. It will also enhance accessibility to Moyen-Chari from neighboring Sudan.
The agreement paves the way for support from the Islamic Development Bank to finance the second section of the 205-kilometer Mayo-Singako-Am Timan at an estimated cost of $275.5 million.
“The African Development Bank is a strategic partner of Chad, particularly in the transport sector. The construction of the road section will reduce the overall cost of transport in Moyen-Chari […] and improve the living conditions of local people thanks to easier access to health and education facilities and to the country’s main consumer centers,” said N’Kodia.
The Kyabé-Mayo section of the Kyabé-Singako road is one of the missing links in the N’Djamena-Moundou-Sarh-Kyabé-
The African Development Bank Group remains a strategic financial partner for Chad, with its strategy paper focusing on two priority pillars: developing infrastructure to achieve strong and diversified economic growth and promoting good governance to increase the effectiveness of public action and the attractiveness of the economic environment.
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BANKING
The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years

The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB), has reinforced its position as a key player in the Islamic syndications market, achieving prominent rankings in the 2024 Bloomberg and Refinitiv League tables.

The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years
For the fourth consecutive year, the ITFC top-tier performance reflects a strategic focus on delivering impactful trade finance solutions. For 2024, Refinitiv ranked ITFC as Globally # 1 Bookrunner and Mandated Lead Arranger (MLA) in their Islamic Syndications League table. Additionally, and Bloomberg also ranked ITFC among the top Bookrunners and MLA in the Islamic Syndications League table. These rankings are a testament to the ITFC ability to consistently deliver value-driven results and maintain a strong position among leading international and regional financial institutions.
The recognition from Refinitiv and Bloomberg confirms that ITFC is a key player in facilitating trade among OIC member countries. This not only reaffirms the ITFC status as the pre-eminent provider of trade solutions but also underscores its remarkable ability to draw investments from a wide spectrum of global investors and financial institutions.
Additionally, it emphasizes the positive impact on the lives and livelihood of people inherent in the ITFC business operating model, demonstrating its effectiveness in meeting the unique financial needs of OIC member countries.
The Refinitiv and Bloomberg League tables rank banks and financial institutions based on their performance in loan syndications, bonds, and mergers and acquisitions (M&A) transactions. The rankings, including arrangers, bookrunners, administrative agents, and advisors, are published quarterly and annually.
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving socioeconomic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided more than US$83 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity building tools, which would enable them to successfully compete in the global market.
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BANKING
Network International appointed as Payment Processing Partner by MTN Group Fintech

Network International (Network) (www.Network.ae), a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor – Issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider. This partnership marks a significant extension of Network’s portfolio of issuer processing collaborations throughout the African continent.

Network International appointed as Payment Processing Partner by MTN Group Fintech
With a footprint spanning over 50 countries and serving over 250 financial institutions, Network International brings its expertise to this partnership which will enhance MTN Fintech’s cutting-edge mobile services and provide even greater value to stakeholders and customers across Africa.
The partnership will focus on rolling out card issuance products across key MTN Fintech markets, starting with Rwanda which is already operational. Soon Uganda, Ivory Coast, and Nigeria will also be covered under this collaboration. Network International will provide a comprehensive range of services, including transaction processing, card management and online fraud prevention. MTN Fintech users will benefit from a seamless experience accessing both traditional mobile services and innovative digital payment solutions.
Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing at Network International commented: “Our collaboration with MTN Group Fintech marks a major milestone for our outsourced payments services in Africa. It demonstrates our ability to successfully serve Mobile Network Operators (MNOs) via our fully-fledged processing solutions and our continued dedication and commitment to the African region. We are excited to support MTN Group Fintech’s growth strategy, and its business development plans across the continent.”
Cedric N’guessan, Executive for Payment and E-commerce at MTN Group Fintech added, “This collaboration with Network International is pivotal in enhancing financial inclusion across Africa and beyond. It enables our customers to actively engage in the global economy, aligning perfectly with our strategic goals alongside Mastercard to broaden access to digital financial services across the continent.” Read More (https://apo-opa.co/43aKuII)
MTN Group provides voice, data, fintech, enterprise wholesale and API services to more than 288 million customers in 14 African markets.
MTN Fintech, the platform business of MTN Group, is dedicated to revolutionising global financial services through innovative digital technology solutions. Leveraging MTN’s extensive reach and expertise in telecommunications, MTN Fintech is committed to advancing financial inclusion for all and empowering communities in Africa. With a primary focus on pioneering mobile financial services, digital payments, e-commerce, short-term insurance, and remittance capabilities, MTN Fintech strives to establish seamless, accessible, and secure financial ecosystems that shape the future of digital finance.
About Network International:
Network International is the Middle East and Africa’s largest and leading digital payments company. Our purpose is to help businesses and economies grow by simplifying payments and commerce. We operate in 50+ countries serving governments, banks, fintechs, merchants and public sector companies. We have 2,000+ employees based in our markets serving over 250 financial institutions and 130,000+ merchants.
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