Tuesday, 26 September 2017

5 helpful business tricks for small businesses

It’s unfortunate that a lot of small businesses don’t survive beyond the first few years of their existence, but this mainly happens due to a lack of knowledge and understanding of what needs to be done to help sustain a small business.many run into business because the profit is attractive,but after some years the story is not the same. this is a general problem for all businesses either large scale or small scale but here are the 5 helpful business...

Monday, 18 September 2017

Nigeria: States and Fiscal Sustainability Plan

EDITORIAL The states must devise measures to run on their own steam Despite the recent euphoria that greeted the announcement that Nigeria had come out of recession, the most fervent optimist would concede that the economy is still in the doldrums. This is more obvious in several of the 36 states. That perhaps explains why the federal government has decided to put in place a regulatory and monitoring mechanism to track developments, aside reiterating that consideration for support to these states would be contingent on certain parameters. At...

Nigeria’s oil production cost down by 70.5% to $23 a barrel – NNPC

The Nigerian National Petroleum Corporation (NNPC) has driven down the cost of crude oil production from $78 dollars per barrel as at August 2015 to $23 per barrel representing 70.5 per cent reduction. The Group General Manager of National Petroleum Investment Management Services (NAPIMS), a unit of NNPC, Engr. Dafe Sejebor, who disclosed this during the inauguration of the Anti-Corruption Committee of the unit, said the country had saved a minimum...

Nigeria can generate N56bn from coal briquettes in 3yrs – Expert

An economic expert has said that Nigeria can make a whopping N56billion in 3 years by reviving the coal industry, especially with the use of coal briquettes for industrial and domestic use, Leadership reports. An industrial pharmacist and specialist in marketing new technologies, Mr Emmanuel Nwankwo, said Nigeria really needs to go back to basics, which is the use of coal since it has it in abundance, starting from Enugu State. He...

Bear market: Short term investors can reduce exposure — Alangrange CEO

      The inflation figure just released by the National Bureau of Statistics, NBS, showed a declining inflation but rise in food inflation, which could affect the investible income of retail investors and their willingness to participate in the capital market. In this interview, Mr. Samson Amedu, Managing Director/CEO, Alangrande Securities Limited, said that food inflation as a single factor cannot determine the direction of the market. He also provided insight on how best investors could manage their portfolio to reap maximum...