In Nigeria, small and medium-scale enterprises account for more than 48% of the GDP and constitute more than 80% of the entire business sector. However, their failure rate is very high as these businesses fold up between their 3rd and 5th year, these businesses fold up for several reasons, some because of profitability and some simply because of the harsh business environment. GuardianTV speaks with entrepreneurs about why businesses fail.

In an effort to stem incidences of business failures in the corporate polity, H. Michael & Co. founder Dr. Adeyinka Hassan in commemoration of its 10th anniversary put together a conference tagged: Corporate Governance and Enterprise Development Conference. The well-attended conference examined the imperatives of corporate governance for the success of business enterprises in Nigeria, creating economic stability and business sustainability.

Taliban-affiliated Al Hijrat TV releases footage of Mullah Abdul Ghani Baradar's arrival in Afghanistan on August 17. Baradar, now deputy leader of the Taliban, chose to touch down in Afghanistan's second biggest city Kandahar -- the Taliban's spiritual birthplace and capital during their first period in power. He arrived from Qatar, where he spent months leading fruitless talks with the United States and negotiators from the overthrown former Afghan government.

Olaoluwa Awojoodu, Co-Founder & CEO, E-Settlement talks to GuardianTV about access to basic financial services in Nigeria. E-Settlement focused on providing Innovative, Dependable, Easy-to-use, Affordable, and Secure payment solutions to everyday financial problems in Africa.

Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.

Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday. ⁣

Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday. ⁣

Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.⁣ ⁣⁣⁣

Freight Logistics start-up, Kobo360 says the partial closure of Nigeria's land borders has significantly impacted their business and has seen customer demand decline by 28 per cent. Co-founder and CEO of Kobo360, Obi Ozor joins CNBC Africa.

Lawrence Leuschner, co-founder and chief executive officer at Tier Mobility, discusses the company's plans to transform city transportation in Germany and other European nations. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance."

Marc Randolph, Netflix Inc. co-founder and former chief executive officer, discusses how Netflix is changing the face of television and the competition between content and streaming platforms with Bloomberg's Taylor Riggs on "Bloomberg Technology."