Opeyemi Quadri Important components of an executive summary are business name, location, mission statement, a brief description of products or services, a summary of company objectives and goals, financials, growth potential, and funding request (if you’re seeking investors or loans). What Is An Executive Summary? In every professional business plan, there must be a prefix or a part … Read more
What is a Beekeeping Business? Also known as apiculture, beekeeping refers to the maintenance of bee colonies, usually in hives, by humans. Some people might keep bees for personal use, but when this practice is done on a commercial scale for the purpose of making a profit, it becomes a beekeeping business. If you are … Read more
Meaning of multiple exchange rate systems Multiple exchange rate systems refer to systems where a country maintains more than one official exchange rate for its currency. How it works In a multiple exchange rate setup, the apex bank may set different rates for different types of transactions or for different types of goods and services. … Read more
What is the Unification of Exchange Rates? Unification of exchange rate refers to the process through which a country that has multiple exchange rates for its currency consolidates them into a single rate. Unifying the exchange rate seeks to simplify and streamline foreign exchange systems, and it has economic, financial, and sometimes political implications. Nigeria, for … Read more
It is no longer about whether an organic business is profitable. In this post, we’ve put together all the information you need to come up with a winning business plan for your honey business. You will also get a free downloadable questionnaire template, which you use to write your plan to suit your budget. Because … Read more
From administrative and logistical points to legal and branding, the implications of changing a country’s name are numerous. This article will explore the cost of renaming a country. Background In invitations sent to World leaders on the occasion of G20 summit, the dinner invitation letter read, “The President of Bharat” raising speculations that India’s move … Read more
There are strong indications that India might change its name to the Republic of Bharat, making the former British colony the latest country to shake off its colonial identity. India will not be the first or the last country to change its name. Turkey changed its name to Turkiye; Czech Republic changed to Czechia; The … Read more
The Current State of Affairs of USD/NG Dollar to Naira exchange rate at the Importers’ and Exporters’ window closed at $/N747.87 on Monday, September 4, 2023, while it closed at $/N912 at the black market (the unofficial market), the same day. The Background to Dollar to Naira Rate 40 years ago (1983), $1 = N0.724, … Read more
A former Emir of Kano, Muhammadu Sanusi II, has warned that the US Dollar to Naira could fall to N1,500, “if the CBN printed more naira” the way it did during the administration of former President Muhammadu Buhari. Sanusi, who berated how Buhari’s government managed the economy, said experts’ advice was ignored while it borrowed about NGN30 … Read more
There is an age-long myth about the Nigerian Civil War. One of them is a propaganda that the Eastern Region Military Governor Lt.Col. Odumegwu Ojukwu released Chief Obafemi Awolowo who was serving a prison term for treason when the Biafra War broke out. It was propaganda! Ojukwu had not declared Biafra war when Pa Awo … Read more