Sunday, May 27, 2018

How To Start Eggs Supply Business To Shops In Nigeria

Are you a Nigerian looking for something to do as business or you just graduated from the college and you are still waiting for that white collar jobs in Nigeria where you can knot tie and put on that corporate suit and jacket everyday?



 If yes, Darlington Omeh, a business  expert has a good news for you.
For people willing to tap into his wealth of experience, Darlighton has this to say.

Saturday, May 26, 2018

Top 20 hot business ideas


                                                                                     1. Agriculture business ideas
Agriculture has been rightly promoted as one important channel for our country to bounce back on her feet and regain her former economic glory. Young people are realizing this and are doing their best to key in and prosper.

Among all the business ideas listed on this blog, agriculture business ideas get the most search hits on Google, especially the article on bean flour production. The hunger to succeed is there.
To make this work, government should provide resources and incentives to encourage more young people into agriculture.

Friday, May 25, 2018

Nigerian stocks fall to lowest level in more than four months



Nigeria’s main stock index fell to its lowest level in more than four months on Friday after shares in banking and consumer goods companies declined.

The index which fell for the seventh straight session, recovered some ground but closed down 1 percent. Stocks had fallen 1.28 percent in late trades, sliding to 39,213 points, a level not seen since January, Reuters reports.

Offshore investors have been exiting local assets as yields on Nigeria’s treasuries have fallen to around 12 percent from as high as 18 percent a year ago due to government action to lower borrowing costs and U.S. interest rate rises.

Traders expect the bear market to continue, even as the capital flight has also put the local naira currency under pressure.

Stocks fell widely on Friday with 41 companies declining and 12 firms advancing. Julius Berger and Transcorp each shed 5 percent while Fidelity Bank fell 7.7 percent.








Cost of maintenance, aviation fuel to surge on ageing aircrafts

Predominance of ageing aircraft by domestic airlines operating in Nigeria has led to high cost of aircraft maintenance and aviation fuel (JET A1) consumption.

Experts in the aviation sector say aside the absence of aircraft maintenance facility in the country and high exchange rate, ageing aircraft is a contributory factor to high cost of aircraft maintenance.

Currently, Medview is facing difficulties in carrying out its scheduled operations over insufficient aircraft. Most of its aircraft are out of the country on maintenance, while First Nation’s operation has been suspended as a result of insufficient aircraft.

Fidelity Bank guns for tier-1 ranking



Pressures in the banking sector arising from some adverse macroeconomic environment, Fidelity Bank Plc appears set to join the class of tier-1 banks. The tier-1 banks in Nigeria include United Bank for Africa Plc, Zenith Bank Plc, Guaranty Trust Bank Plc, Access Bank Plc and First Bank of Nigeria Plc.

They are categorized by their balance sheet size. Fidelity Bank has successfully risen to the leadership position amongst tier-2 banks with its robust performance in the 2017 financial year (FY17) and the first quarter 2018, (Q1’18) but the Managing Director, Mr Nnamdi Okonkwo, told some financial journalists yesterday that the bank has just finished its four-year strategic growth plan which would usher it into tier-1 group upon successful implementation.

Oil drops as Saudis signal likely supply boost

Global oil prices fell Friday after top producer Saudi Arabia signaled a likely boost in supply as soon as the third quarter, and world stock markets were mixed over the sudden US move to cancel the summit with North Korea.


Saudi oil minister Khaled al-Faleh said at an economic conference in Russia that a gradual output increase could happen in the second half of the year to prevent any supply shocks, according to the RIA Novosti agency.

Monday, May 21, 2018

How to become Dangote Cement distributor



By Ekele Mark

For business minded people who wish to invest in sales of cement, Dangote Cement Plc, Nigeria’s largest cement producer with operations in 16 African countries, provides an opportunity for you to realize your dreams.

The company, in an effort to ensure distribution of cement pan Nigeria, is currently seeking credible distributors nationwide.

How To Start Eggs Supply Business To Shops In Nigeria

Are you a Nigerian looking for something to do as business or you just graduated from the college and you are still waiting for that white...