In 2010, the Securities and Exchange Commission (SEC)sent a letter to the Nigerian Stock Exchange now Nigerian Exchange (NGX) for the approval of the commencement of the new Alternative Securities Market (ASeM). It was the third market classification to be introduced to be capital market by The Exchange. Small and Medium Scale Enterprises played a … Read more
On Thursday, February 10, 2022, the governor of the Central Bank of Nigeria (CBN) disclosed that the apex bank would stop selling forex to banks. The new FX policy, according to Godwin Emefiele, would begin before the end of 2022, calling on the Deposit Money Banks (DMBs) to begin to source forex to meet their obligations. … Read more
The companies listed on NGX’s premium board have a combined market capitalization exceeding N22.87 trillion. Out of the eight firms, seven of them are among the biggest firms by market capitalisation in Africa’s biggest economy. Political and economic influence cannot qualify a traded company to make it to the premium board. Instead, the company’s excellent … Read more
On Tuesday, April 19, 2022, Olumuyiwa Adejobi was confirmed as the 25th Indigenous Force Public Relations Officer (FPRO) of the Nigeria Police Force by the Inspector-General of Police, Usman Alkali Baba. Adejobi (now an Assistant Commissioner of Police {ACP}) replaced Frank Mba on February 12, 2022, and was appointed in an acting capacity on February 16, 2022, … Read more
Technology has made a lot of things easier today, and its impact is felt in different facets of human endeavours. One of such is by designing an outline and start selling them as online courses on some of the reputable learning management systems to make extra money. Progress in technology has upgraded the way we … Read more
Selling in large quantities to foreign buyers requires some documentation, in this guide, we will discuss export documents in Nigeria a seller is expected to get to have a smooth international trade with their buyers. Export in this guide means sales of a large number of non-oil products to consumers or manufacturers of raw materials … Read more
Apart from the local consumption, extracts from kola nut are used in the production of energy drinks and other industrial use. And in this guide, we’ll show you the top ten kola nut importing countries where you can find internal buyers. Additionally, we will tell you some of the local markets in Nigeria where you can buy … Read more
Registering a religious organisation in Nigeria will cost you between N120K-N150K, depending on who is handling the registering process. Are you thinking of registering your religious organisation and don’t know how to go about it? Or you don’t know the financial implications? We urge you to refer to the law guiding the registration of such … Read more
Mail delivery is one of the services provided by the Nigerian Postal Service (NIPOST) across Nigeria and in this guide, we’ll show you how to apply and to obtain a post office box address for your business or for personal use in Nigeria. A post office box popularly known as P.O. Box is a unique and identifiable address code … Read more
The Deputy Vice-Chancellor, Academic and Research, of the International University of Equator (IUE), Burundi, Professor Austin Njiribeako Nosike, was born on March 23, 1972. Before his present role at IUE, he was appointed by Copperstone University (CU), Zambia, as its Deputy Vice-Chancellor in February 2022. Early Life and Education Born in Emii, Owerri, Imo State, … Read more
The Nigerian Postal Service (NIPOST) is a federal government-owned corporation. It is charged with the responsibility of providing postal services and logistics within and outside Nigeria. It’s a revenue-generating agency. Postmaster General: Dr. Ismail Adebayo Adewusi Headquarters:1279 Mohammadu Buhari Way, Garki, Area, Federal Capital Territory, Abuja Official website: nipost.gov.ng/ Since the penetration of Global System for Mobile … Read more
Bitter kola is a plant that is found in West Africa because of its medicinal values, and hundreds of farmers have realised that the plant also has economic values, in this guide, we simplified the process of finding genuine international buyers for your garcinia kola Overview: On a large scale, you need three important licences, … Read more
What is Islamic banking? Islamic banking entails banking activities that are compliant with Shariah. Also known as Islamic finance, it encompasses financial activities, particularly in the banking world, which adhere to Islamic law. This article is about the advantages of Islamic banking for business growth. Tenets of Islamic Banking The religious system forbids the payment … Read more
There are opportunities in Nigeria that can be explored for wealth creation. One of such is the food packaging business. This entails wrapping of food via different techniques to ensure its protection at any point, either during storage, distribution or to its destination. It involves activities and techniques that prevent food from becoming damaged or getting … Read more
There are more than 40 private jet owners among Nigeria’s super-rich, comprising businessmen and women, politicians, pastors, and A-rated musicians. And of course, extremely wealthy Nigerians prefer privacy, and one of the ways to achieve this is by flying in their private jets Top on this list includes Aliko Dangote, Femi Otedola Bola Tinubu, Pastor … Read more