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At age 16, he spent $23 to buy a website domain. 9 years later, his blue-collar business brings in $1.3 million a year

Almost a decade later, what started as a blue-collar side hustle by two brothers, now has over 20 employees and is on track to bring in about $2.3 million in 2025, according to documents reviewed by CNBC Make It.

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Growing up, Zames Chew thought he wanted to work a white-collar role at a company like Google, but his career took a different turn.

Today, the 26-year-old runs the Singapore-based handyman service Repair.sg, alongside his 24-year-old brother and co-founder, Amos Chew.

In 2024, their Singapore-based company Repair.sg brought in 1.7 million Singapore dollars (about $1.3 million), according to documents reviewed by CNBC Make It.

“When I was younger, my dream was always to work in big tech,” said Chew. But one day in early 2016, he discovered a gap in the market.

“Our parents were looking for a service provider to fix something around the house,” said Chew. “I was just looking online, and … there [seemed] to be nowhere to find service providers [online] back in the day.

So I was like … let me put together a website and see what happens from there.”

So, at age 16, Chew spent 30 Singapore dollars (about $23) to buy a website domain name, had his father help him register the business, and Repair.sg was born.

Almost a decade later, what started as a blue-collar side hustle by two brothers, now has over 20 employees and is on track to bring in about $2.3 million in 2025, according to documents reviewed by CNBC Make It.

Starting a side hustle at 16

As kids, the Chew brothers loved being hands-on.

“My brother and I would do everything together. That means building Legos, building PCs, taking things apart,” said Chew.

”[We] have always been building projects together, and it has [been] our dream to … work together when we became adults.”

The two were able to realize this dream during their teenage years after starting Repair.sg.

The company gained momentum slowly until the last few years when its growth started to soar, said Chew.

For the first three years of the company, the brothers were still in school, so they had to squeeze in work for the business in between classes, or during their evenings.

What a lot of people don’t know is that there’s a lot of education … [and] licensing behind some of the services that we do, and it goes beyond just taking a screwdriver and hammer [to] things,” he said.

So they spent years acquiring the knowledge, skills and licenses necessary to run their business.

In addition, before the business scaled, they would take on most jobs themselves such as replacing lights, and fixing furniture.

“For the first seven years, up until perhaps even early 2024, [the business] was basically at the brink of death most of the time,” said Chew. “We were young and weren’t very good business owners.”

Credit: CNBC

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Business

Naira Exchange Rates Thursday, 5 Nov 2026

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BLACK/ PARALLEL MARKET RATES

₦1400DOLLAR (USD)

₦1830POUND (GBP)

₦1515 EURO (EUR)

₦950 CANADIAN DOLLAR (CAD)

₦70 SOUTH AFRICAN RAND (ZAR)

₦350 UAE DIRHAM (AED

₦190 Chinese YUAN (CNY)

₦100 Ghanaian CEDI (GHS)

West African CFA ₦2240 (XOF)

Central African CFA ₦2180 (XAF)

₦820 Australian Dollar AUSSIE (AUD)

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NNPCL wants to sell 10% equity via IPO on NGX, LSE

NNPC is expected to spend at least the whole of 2027 preparing for the proposed offering, with the listing primarily intended to strengthen corporate transparency and governance in line with Nigerian law.

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The Nigerian National Petroleum Company Limited (NNPC Ltd.) is considering selling between 5% and 10% of its equity through a potential initial public offering (IPO), with the proposed listing expected to focus primarily on Nigeria’s domestic capital market.

The Group Chief Executive Officer of NNPC Ltd., Bashir Bayo Ojulari, disclosed this in an interview with Reuters on Tuesday, November 3, 2026, adding that the company could also pursue a secondary listing in London or New York.

The disclosure comes shortly after the Dangote Petroleum Refinery’s IPO closed on October 27, following a two-week extension of its subscription period from the initial October 13 deadline.

NNPC is expected to spend at least the whole of 2027 preparing for the proposed offering, with the listing primarily intended to strengthen corporate transparency and governance in line with Nigerian law.

Ojulari indicated that raising additional capital would be a secondary consideration rather than the main reason for going public.

The company is also considering listing some of its subsidiaries separately, following a model adopted by Abu Dhabi National Oil Company (ADNOC), the United Arab Emirates’ state-owned oil company.

Beyond the potential IPO, Ojulari disclosed that Chinese companies have expressed interest in acquiring equity stakes in some of NNPC’s smaller refineries, particularly the Port Harcourt and Warri facilities, which require substantial rehabilitation.

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Business

Naira Exchange Rates Wednesday, 4 Nov 2026

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BLACK/PARALLEL MARKET RATES

1390DOLLAR (US

₦1835POUND (GBP)

₦1510EURO (EUR

₦970 CANADIAN DOLLAR (CAD)

₦65 SOUTH AFRICAN RAND (ZAR)

₦350 UAE DIRHAM (AED)

₦190 CHINESE YUAN (CNY)

₦100 GHANAIAN CEDI (GHS)

₦2300 West African CFA F.(XOF)

₦2200 Central African CFA F.(XAF)

₦850 Australian Dollar AUSSIE (AUD)

OFFICIAL CBN EXCHANGE RATES

DOLLAR (USD)₦1346.93

POUND (GBP)₦1807.72

EURO (EUR)₦1512.26

SWISS FRANC (CHF)₦1644.21

JAPANESE YEN (JPN)₦8.52

West African CFA FRANC (XOF)₦2.30

WEST AFRICAN UNIT OF ACCOUNT (WAUA)₦1825.03

CHINESE YUAN (CNY)₦201.92

SAUDI RIYAL (SAR)₦359.15

SOUTH AFRICAN RAND (ZAR)₦81.37

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