BUSINESS
REASONS WHY YOU KEEP LOSING CUSTOMERS
REASONS WHY YOU KEEP LOSING CUSTOMERS
It’s interesting when we encounter different kinds of business owners and their various personalities. It goes further to reflect on their business operations.
One of the most interesting characters we encountered was Chinedu, a first-class graduate. One would imagine that Chinedu would go on to the corporate world with his grades. However, he had always wanted to run his business and decided to follow his dreams.
Unfortunately, Chinedu was someone who believed in only his capabilities and never listened to others. He felt he knew everything and refused to heed business advice from those in the game already. When people tried to advise him, he would remind them that he finished with a first-class grade and ask them about their grades.
Soon, people stopped trying to advise Chinedu and left him to run his business the way he deemed fit. Sadly, Chinedu went on the path of running his company to the ground, and that would have happened if we had not gotten to him at the time we did.
When we encountered Chinedu, he lamented bitterly about how he was always constantly losing customers. He complained that people never returned for repeat purchases and that he could stay for weeks without making sales.
So, we analyzed his business and noted some things he was doing wrong. Some of the reasons why he kept losing customers include:
9 Reasons Why Your Customers Don’t Come back
1. You don’t take feedback: This was one of the negative characteristics we noticed about Chinedu. He believed he was the business owner and knew how to handle the operations. However, you cannot be perfect in all aspects of a business operation, even as a business owner.
Chinedu was never open to receiving feedback from friends or even customers. But, as a business owner, you must be open to receiving feedback and incorporating this feedback.
When your customers complain about something, you must ensure that you try to rectify it. Sometimes, it could be that you cannot do a total overhaul, but the thought and effort usually go a long way for the customers. Once they see that you put effort into incorporating their feedback, they will feel valued by your company and have only good reviews.
However, when you pay a deaf ear to all feedback forms, these customers will port and patronize other businesses that would value their feedback. In addition, your business will remain stagnant if you are not open to receiving feedback.
2. You don’t follow up with your customers: How often do you check up on your customers? It usually comes in handy to have a database of your customers so you can check on them even after purchase.
It usually doesn’t have to be elaborate as you can send a thank you message, or send messages during holidays and also on their birthdays. It helps with top-of-mind awareness as the customer wouldn’t forget about you or your business when you constantly follow-up.
To do this, you can get a database of their email addresses or phone numbers, anyone you think would be the easiest to get. It is also best not to overdo it by spamming them, as that can irritate them and give them a negative perception of your brand.
Instead, it should be once in a while, and the message content should be short and catchy. Checking up on your customers also shows that you appreciate their patronage.
3. You are not consistent: What sort of business owner are you? Are you the type who would post about their business today and wouldn’t post again for the next three months? Are you the type who only goes to your shop when you feel like it? Consistency goes a long way when you are running a business, and you will lose customers if you are not consistent.
For example, imagine opening your shop only on days when you are in a good mood. If you do this, what happens to customers who want to buy things on days when you do not open your store? Then, of course, you can be sure that they will move to your competitors, and they will even tell other people that you are not a serious business owner as you are not constant or steady.
We encourage people not to start a business if they are not ready. Of course, there would be bad times when running a business. However, it would be best if you stayed resilient.
4. Your product doesn’t solve the need of your target audience: Does your product solve the need of your target audience? We have noticed that many business owners get it wrong with their target audience representation.
For example, they could be selling a product for kids, but their target audience focuses on young men who are just starting their careers. So, they tailor their advert messages to such people, and it flies over their heads. Hence, you are not getting the sales you desire.
It is usually a big problem if you get the profiling of your target audience wrong. For example, if you sell a product that solves children’s needs, your advert messaging should also be childlike and target mothers and children.
If customers see that your brand isn’t solving their needs, they won’t patronize you anymore. Instead, they will look for other brands with products that can satisfy their needs. After all, no one wants to waste money on things they do not need.
5. Your brand isn’t warm: We always advocate that brand owners should strive to build a friendly brand that makes people happy. To do this, you must have your customers and target audience in mind. How do you want people to feel when they have first contact with your brand? For example, someone sees your brand online. What’s the emotion you want to trigger within them as they come in contact with your brand?
The goal should be for your brand to trigger warmth within them, so it compels them to make a purchase. Therefore, the emotive route is best for building your brand. You do not want a situation where people would come across your brand and skip without feeling any emotion that draws them to your products and services.
Typically, your social media or digital communications manager has this responsibility which is why you should be open to delegating responsibilities.
6. You’re not trustworthy: Trustworthiness is an important character trait for anyone running a business. Aside from the fact that it is needed for running a business, it is also an essential life value.
We often see that humans value trustworthiness and run away from anyone who isn’t trustworthy. Likewise, your customers will run away from your brand when they sense you are unreliable.
You must ensure that you deliver on your brand promises by being trustworthy. For example, the quality of the product you advertise should be the same thing you provide to your customers. It shouldn’t be a case where the customer begins to regret and question why they decided to patronize you.
Also, if you promised a specific delivery date to your customer, you should work towards delivering the products and goods on the said date. When you deliver on a later day, you are breaking the promise you made, and it doesn’t show trustworthiness.
7. You’re not a flexible business owner: Even though Chinedu was a young man, he behaved like someone from the stone years. All those who have worked with Chinedu complained that he wasn’t receptive to change. He always thought he knew best and never wanted to change ideas, even when it was clear that these ideas would benefit the business.
His rigidness would be his undoing if we did not meet him in time. Some business owners believe that processes should always be set in stone. Because something has worked before doesn’t mean that you must follow the same direction for your operations. You can always tweak ideas to make them even more beneficial.
As a business owner, you must be open and receptive to change if you want to grow and boost your business. Being rigid has never helped anyone. Instead, it leaves you stagnant at a specific point which would adversely affect your brand.
8. Your business isn’t tech-savvy: One of the reasons why you may be losing customers is that you haven’t adapted technology to your business operations. It also ties to being flexible and receptive to change.
If you look around you, most businesses are tilting or have tilted towards technology. People now agree that you can use technology in various ways when running a business. Believe it or not, customers go beyond making purchases from a brand. They further look at how you run your business, which plays out as a deciding factor as to whether they will keep patronizing you.
For example, customers may want easier ways to reach you instead of constantly coming to your location. In such a case, they would check if you are on social media platforms. Thus, it becomes a turnoff for them when they cannot find your business on any social media platform. Instead, they will look for other brands that are tech-savvy and have social media platforms as they believe that it will be less stressful to patronize such brands.
9. You do not believe in teamwork: Teamwork, they say, makes the dream work. People always say this, and we agree with their point of view. Sadly, some business wonders like Chinedu believe they can work as an island since they are business owners.
Yes, you own the business, but it isn’t everything you can do simultaneously. For example, can you be sourcing for investors and still handling social media? Chinedu believed he could manage finance, business operations, and more by himself. Thus, he never carried other team members along in what he was doing, and it soon caused a disparity.
He later realized that he alone couldn’t do everything, as it led to fatigue and chaos. In addition, when customers sense that things are not going on smoothly with your business, they wouldn’t want to keep patronizing you as they do not wish to be affiliated with negative energy.
FAQs
How do I regain customers?
As a business owner, it’s normal if you lose customers due to one mistake or the other. What matters is that you pick yourself up and make corrections. It would be best to work on various aspects of your operations to regain lost customers, including teamwork. It would help to build an efficient and trustworthy team so your customers can be happy.
As you build your brand, you should also focus on ensuring that customers feel warm when they come in contact with your brand. When all these are in place, you can regain your lost customers as they would get their attention, and they would want to give you a try again.
What is a winback customer?
A winback customer is someone who might have tried your brand before and left to patronize your competitors. If you successfully bring such a person back to patronizing your business, the person is a winback customer.
Conclusion
If you are a business owner acting like Chinedu, it’s time to go back to the drawing board and set things straight. You are the business owner doesn’t mean you know it all.
Follow the tips we highlighted above, and you will retain your customers and gain new ones.
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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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