Category Archives: Business News

From Hawking To Becoming Owner Of Chain Of Businesses – Sanmi Akindipe

From Hawking To Becoming Owner Of a Chain Of Businesses >>>

Sanmi Akindipe started out as a hawker. Now he owns a chain of businesses, DANIEL ESSIET reports.

When he started business, no one gave him a chance.But today, he is a ‘collosus’ and a pride to the youth.

Sanmi AkindipeFor over 10 years, Sanmi Akindipe has been at the heart of investment forecasting and financial advisory business. This culminated in the birth of his firm, Set Group, a finance company which help people to manage wealth.

NEXIM MD Says: “Sealink Initiative Will Transform Nigeria Economy “

Lagos – Nigeria will be a major beneficiary of the sealink initiative by the time it is fully on ground, Managing Director, Nigerian Export Import Bank (NEXIM), Mr Robert Orya, has said.

Nigerian Export Import Bank (NEXIM) logoHe told The Nation that Nigerian products are in African countries, adding that the coming of the sealink is expected to facilitate and promote Nigerian products within and outside the continent.

Cattle Breeders Hail Federal Government

Sokoto – The national body of cattle breeders, the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), has hailed the Federal Government of Nigeria for setting up a committee to tackle the conflict between farmers and herdsmen in Nigeria.

In a statement in Kano yesterday by its National Secretary General, Alhaji Baba Othman Ngelzarma, the group noted that the committee would aid the creation of grazing reserves and cattle routes across the country.

The statement appealed to the government to identify and work closely with MACBAN’s leadership to resolve matters on the welfare of its members.

National Conference Delegates Fight Over Resource Control

Abuja – There were fireworks at the Committee on Devolution of Power as northern delegates and their counterparts from the South South refused to back down on their demands on resource control.

National Conference DelegatesThe Nation gathered that trouble started when a member from the South South submitted that the host communities should have control of natural resources found within their areas.

Another member who is an expert in international law took his time to explain the implications of littoral states and the resources found within.

CBN Warns Banks: ” Stop Giving Customers Mutilated Naira Notes”

THE Central Bank of Nigeria, CBN has warned that it would no longer tolerate complaints from commercial bank customers over payment of mutilated notes whereas mint notes found their way to the black marketers who sell them out for spraying at social functions.

CBN’s Director, Branch Operations Department, Mrs. Tope Omade who gave the warning during a one-day Customer Forum held in Asaba promised that CBN continue to beam its search light on commercial banks and other allied banks as well as officials of such banks who are involved in the sharp practices of hoarding mint notes and selling same to black marketers, just as she condemned the attitude of some Nigerians who still indulge in spaying naira at social functions in violation of the law banning spraying of the currency.

How I Started My Business In a Small Shop

Are you unemployed or under employed and desire setting up a business but fear is keeping you down? If yes, then I urge you to read the article below and get motivated.

>>>>He started as an apprentice in 1997. Now he’s a distinguished celebrity photographer in Nigeria. Shola Balogun, the Proprietor, Shola Creative Photo Studio is the toast of top models , actors, actresses and other high profile Nigerians and corporations. After his apprenticeship, he carved a niche for himself as a celebrity photographer and has not rested on his oars; He has attended courses and seminars in Germany, UK and South Africa to hone his skills in photography. In this interview with Sunday Sun, he reflects on his journey to success and stardom.

How did you start?

Insufficient Gas Supply, others Affect Electricity Distribution

Mr Paul Ikwu, Head, Public Affairs Division of Jos Electricity Distribution Company (JEDC), says destruction of electrical facilities and insufficient gas supply, among others, are responsible for inadequate power supply.

In an interview with the News Agency of Nigeria (NAN) in Jos on Sunday, Ikwu said JEDC had, however, begun customer, meters and transformer audit to ease planning process towards effective power distribution.

“Generally, power generation has been low, but we only distribute what is given to us; for now, we can only assure our customers of a judicious use of whatever power is supplied to us,’’ he said.

South African Immigration Officials Hash Treatment On Nigerian Travelers

A travel agent narrates how her client was disrespected, illegally held in a cell and deported from South Africa after arriving the country yesterday April 18th…because according to SA

South African Immigration Officials Hash Treatment On Hate On Nigerian Travelerssimmigration, the man hadn’t paid for his hotel reservation. And we’ve all heard the stories of how Nigerians and their businesses are attacked in the country. What is going on? Read what she wrote below…

Small Business Owners In Nigeria Now Benefit from Insurance

Artisans, petty traders and operators of small businesses can now benefit from insurance, as Mutual Benefits Insurance Plc has put various schemes in place to assist in the growth of such businesses in the country.

Where some insurance companies are only interested in collecting premium from small business owners, Mutual Benefits has designed products that can grant loans to these business owners to grow their businesses.
A typical example is the registration of over five million motorcyclists and tricyclists under the microinsurance scheme of Mutual Benefits.

FG Wants More Gas Production Companies To Boost Power

Lagos – In its quest to boost power supply in the country, the Federal Government is set to create better enabling environment in the oil and gas sector to attract more investors in gas production.
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, stated this at the ‘Facts behind the listing of Seplat Plc ‘on the Nigerian Stock Exchange, NSE.

Seplat is an indigenous upstream petroleum company and the first Nigerian company with dual listing on the London Stock Exchange, LSE, and NSE.
The listing also represents the first Initial Public Offer, IPO, to be undertaken by any company since 2008 capital market meltdown.