Opeyemi Quadri Nigeria is one of the world’s leading producers of plantains in the World. While many people may not really want to take up plantain farming cultivation as a business, it is one of the most lucrative farming businesses. Unlike cassava farming which could be more tedious and requires attention, the plantain farming business is more lucrative and … Read more
Having explicitly dealt with what Sharia banking entails in our previous article, it becomes imperative to know the line of divides between conventional banking and Islamic banking. It’s important to note that the word ‘sharia’ in this context doesn’t mean ‘only Muslim. We pointed out that Sharia banking is designed to accommodate Christians and Muslim and everyone irrespective … Read more
In operations and principles, an Islamic bank (Non-Interest Bank) or NIB is completely different from Interest Banking System. And to answer the question, Non-Interest Banking generally doesn’t provide cash loans to its customers whether Muslim or Christian or regardless of their religious beliefs, yet Islamic banking is beneficial to small businesses in many ways. Note: … Read more
There are different definitions of small business, especially if we look at it from different angles. For the purpose of dissecting the meaning of a small business, we will look at it from eight different perspectives: Layman’s perspective From a layman’s perspective, a small business is an establishment founded and managed by one man. This … Read more
If you are planning to or you already have an existing business in Nigeria, you may need to download a copy of CAMA 2020 (the amended CAMA 1990 (CAP C20, LFN 2004). What is CAMA? CAMA is Company and Allied Matters Act. It is a law that outlines the guidelines for the formation of small … Read more
There are no better ways to describe convenience when sending money to Ghana from the United Kingdom and the recipient gets a credit alert within hours. Why the Ghanaian population in the UK matters The growth of the Ghanaian population in the UK is an opportunity for remittance firms not only to make a profit … Read more
Until the Central Bank of Nigeria (CBN) restricted the operations of some International Money Transfer Operators (IMTOs) on December 17, 2020, it was easy for Nigerians to send money from the United Kingdom to Nigeria. That has now changed, according to a report by Reuters. It’s more tedious to make remittances from the UK to … Read more
The cost of a private jet charter depends on a lot of factors like the size of the jet, the distance of the flight, time of the year, and location. For instance, the standard price of chartering a large jet for transcontinental flights could cost between $8,000 (NGN3.7 Million) to $15,000 USD (NGN6.9 million) per hour. … Read more
Using private air travel is becoming the new normal among the wealthy class who doesn’t want to own a private jet. For the super-rich, the cost of flying private jet charter isn’t a problem, privacy is something they cherish, no wonder they prefer to charter a private jet because of its advantages over commercial air … Read more
The cost of a Nigeria Passport in the Nigeria Consulate in New York, USA, is $142 USD for a 32-page and $162 for a 64-page E-Passport for 5-year validity. It is a different story in Nigeria. If you are applying in Nigeria, the official price of a Nigeria passport is NGN25,000, though the Nigeria Immigration … Read more
