BUSINESS

Three Keys to Nigeria’s Economic Transformation

Three Keys to Nigeria’s Economic Transformation

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According to a World Bank report, 80 percent of Nigeria’s oil and gas revenue benefits only 1% of the Nigerian populace because of corruption. Now, that’s appalling. Our God-given resources are siphoned into the pockets of a few people who pledge to serve the Nation yet turn around to serve themselves. Our nation is bedeviled by a host of dishonest and deceitful men and women.

Transforming our farmers into entrepreneurs

Transforming our farmers into entrepreneurs

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Is a farmer an entrepreneur? The quick answer is – IT DEPENDS – on whether that farmer is a commercial or a subsistence farmer. While there are few commercial farmers, typically retired military men or politicians, the sad reality is that in West Africa, there are few farmers who are considered entrepreneurs – either by themselves or the general society.

Nigeria’s Foreign Reserves Hit $34.5b

Nigeria’s Foreign Reserves Hit $34.5b

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Foreign-currency reserves stood at $31.7 billion by July 4, compared with $37 billion a year earlier, according to data from the Central Bank of Nigeria’s (CBN) website. No reason was however, given for the sudden rise in the reserves.

Nigeria’s Mad Men

Nigeria’s Mad Men

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Many southerners rather enjoy ads involving voluptuous women dancing suggestively. But it would be dangerous to run such an ad in the north.

The 2011 Economic Report on Africa

The 2011 Economic Report on Africa

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The 2011 Economic Report on Africa, produced by the UN Economic Commission for Africa and the African Union, found the continent’s economy grew by 4.7 per cent last year and is likely to increase by another 5 per cent this year.

Top 5 Ways Businesses Can Use Twitter

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Since Twitter became a great tool for business communication, I’ve been researching several ways that companies and small businesses in Nigeria can tap into its power to reach their customers and clients effectively. I’ve also been searching for brands…

How to Set-up Cleaning Outsourcing Service

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The cleaning industry has two primary market groups: consumer and commercial. While it’s recommended that you decide on a niche and concentrate on building a business that will serve your chosen market, it’s entirely realistic…