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The ₦20 Lesson: How Mummy Chief Found a Bigger Way to Build


Mummy Chief

In Lagos, business does not wait for anyone.

By the time most of the city is finding its way into the morning, traders across Lagos Island are already counting stock, serving customers and negotiating the next sale. With hundreds of markets across Lagos and women making up a significant share of the trading community, these markets are more than places to buy and sell. They are where livelihoods are built, one transaction at a time.

And then there is Idumota.

Busy, colourful and always moving, the market is home to thousands of businesses. From the outside, some may look like ordinary shops. Look a little closer, and you will find years of ambition sitting behind those counters.

For Omotayo Fabiyi Rashidat, known as Mummy Chief Onigele, the journey to building her business started with something surprisingly small.

At the time, Mummy Chief was in the provisions business. She could buy soap for ₦1,200 and sell it for ₦1,220 to get ₦20 profit.

Then she began noticing something during her Friday visits to her mother-in-law, who was in the gele business. The numbers looked different. The opportunity looked different too.

That decision eventually took her from provisions into a business built around aso oke, damask, segoe, jacob and metallic fabrics.

Today, the numbers behind her business are very different from those early ₦20 margins.

But anyone who has built a business knows that growth comes with its own appetite. More stock requires more capital. Bigger opportunities require the ability to act when they appear. And sometimes, the opportunity does not exactly knock twice.

For Mummy Chief, one such opportunity came in the form of a property. It was a shop she had seen, but one she never imagined she could own.

Until a conversation changed that.

That conversation eventually led Mummy Chief to UCEE Microfinance Bank, and opened up a new possibility for her business.

Today, she is building from a very different starting point. But the story is not simply about how much a business can grow. It is about what happens when an entrepreneur recognises an opportunity, learns something new and decides to take the next step.

Mummy Chief

Because every big business story has a beginning. Sometimes, that beginning looks like a ₦20 profit. Sometimes, it looks like watching someone else’s business and wondering, “What if I tried this too?”

And sometimes, it looks like an opportunity you once thought was impossible suddenly becoming possible.

Mummy Chief’s story has all three.

But the numbers only tell you part of the story. To understand what happened between that ₦20 profit and the business she has today, you have to hear it from the woman who lived it.

Click here to Watch Mummy Chief’s full story and see what it really means to move a business forward.