It's time to learn how to start a football club of your own for good reasons. Whether they call it football or soccer, the sport is the most popular of all sports in existence today. Considering the amount of money players are signed, how much the managers make, how much income that is being generated through advertisements and sales of branded materials by the football clubs, [...]
Invitation To Investors: Come And Invest In A Bright Business Opportunity
Invest with us and earn N250,000 every month as profit for 20 months. At the end of the twenty months, you still take your invested capital back. Click here for details or continue reading to attend the round table meeting this week. From Darlinton Omeh CEO, Palness Media. Dear Readers, Are you looking for a profitable and secure business to invest your money into and make [...]
Aliko Dangote, Reiterate His Desire To Buy Arsenal FC
Africa's richest man, Aliko Dangote, has reiterated his desire to buy Arsenal. The Nigerian billionaire failed in a bid to acquire a stake in the club in 2010 but is now worth nearly eight times as much, at £11.5bn. Stan Kroenke is the Gunners' majority shareholder with 66.64 percent of the club's parent company Arsenal Holdings plc, wile Russian-Uzbek Alisher Usmanov owns [...]
Does Dangote Have The Cash To Buy Arsenal? – Etcetera Writes
You have sold some shares and you’ve got some money to spend. Now you want the ultimate: Your own football club. Hold on there, are you sure? Football clubs are a nightmare to run. In fact, almost two-thirds of premiership clubs have been in receivership at some point. Remember Portsmouth FC ploughed through four owners some seasons back and landed itself a debt of £60m and [...]
Aliko Dangote Prepares To Buy Arsenal Club
Nigerian billionaire Aliko Dangote, in an interview with Bloomberg Business says he is still interested in buying Arsenal Football Club. In his word “I still hope, one day at the right price, that I’ll buy the team,” “I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy. “We have $16bn-worth [€14bn] of investments in [...]
FG sells NITEL for N42.4 billion
The Nigerian Telecommunications Limited, NITEL, and its subsidiary, Mtel , has been formally handed over to NATCOM Consortium by the Federal Government, after the full payment of $252,521,000 (about N42. 4 b) bid price to acquire the assets and business units of the nation’s premier telecommunications company. NATCOM Chairman, Dr. Tunde Ayeni, who received the operational [...]
LCCI urges CBN to reduce charges on bank deposit
Lagos Chamber of Commerce and Industry (LCCI), has urged the Central Bank of Nigeria (CBN) to reduce charges on bank deposit. The President of LCCI, Mr. Remi Bello, said this at the Chamber 2015 first quarter press conference in Lagos recently. Bello said that high interest rate regime is good for the attraction of portfolio investments, but it penalises the real economy and [...]
How to Start Thrift Collection (Ajo or Esusu) Business
Thrift collection popularly called 'Ajo' or 'Esusu' is probably the earliest form of banking. It is a special kind of micro finance banking business currently practiced in most neighborhoods and marketplaces. This kind of savings and (sometimes) load business is very popular among communal dwellers. It is a business of trust and integrity and very few people has what it takes [...]
Your Business Cards Matters → See Qualities Of A Good Business Card
Your business cards is often the first business impression you make. People can disregard or take your business very seriously because of the impression your business cards creates. Since handing out a business card is often the first impression people take of your business, you need to get it right. If you are desirous of making that first business impression with your [...]
How To Get The Most Out Of A Seminar
On a daily basis, seminars, workshops or meetings are organized to benefit the staff of an organization. In some cases the individual bears the financial responsibility paying for such seminars. In other instances however, an organization organizes seminar so that the staff can derive benefits that will make them contribute to the actualization of organizational growth. Its [...]
Designing A Business Proposal Around Given Guidelines
Most business that makes a formal request for submission of proposals give clear guidelines that they expect those submitting proposals to follow. There may be several reasons why they make such requests. They may use it as a way of weeding out those who do not comply It may serve to help facilitate the processing of the proposals It could serve to box-in those [...]
How To Start A Business In India
India is a nation with huge population and diversity. With current Population of India estimated to be 1.28 billion, second only to China, India has become a haven for business people, entrepreneurs, and investors. The first advantage that comes to mind when you think of starting a business in India is it's population. Why not? Large population with more than 350 million strong [...]
How To Start Party Equipment Rental Service
In most parts of the country, partying is a common practice especially on weekends. It is usually one party or the other. Saturdays and Sundays are known for weddings, birthdays, survival, dedication and thanksgiving parties. Truthfully, we all love to have fun. That is why, party equipment rental business is like a goldmine. Anybody throwing a party, wants the party to be a [...]
How To Setup a Venture Capital
Financial provision made for start-ups, existing, or troubled businesses with growth potentials is called venture capital. This financial capital is usually provided by investors who will take equity of the business which the capital is provided for. Or it could serve as a loan giving for the sole intent of starting, or rescuing a venture. Small businesses with no capital base [...]
A Private Investor Takes Over $3.5b Abuja City Project
The Nigerian government has given more than twenty one hectares of land to a private investor, Chicason Group for the development of the Abuja city centre project. The Land for the three point five billion dollars ($3.5b) worth project was handed over to Chicason Group by the Executive Secretary, Federal Capital Development Authority, Alhaji Adamu Ismaila to enable it begin [...]
Beware of Nigerian Fraudsters and Their Funny Lines
When it comes to fraud, It seems Nigeria is getting worse on daily basis. 90% of our University undergraduates are Internet fraudsters. Facebook, Twitter, Instagram, and other social networks and dating sites have been flooded by Nigerian scam artistes. I spent half of my time here on WealthResult.com deleting scam comments on daily basis, and it keeps getting worse by the [...]
CBN warns Landlords, Schools, Collecting Payment in Dollars
The Central Bank of Nigeria has frowned at the growing practice of trading goods and services in foreign currencies instead of the Naira in Nigeria. The Bank’s governor, Godwin Emefiele, said in Abuja on Tuesday at the end of the Monetary Policy Committee meeting that it is illegal for landlords or school proprietors to demand rents or fees in dollars, while transacting other [...]
The Place Of Written, Visual And Verbal Articulation in BusinessProposals
We want to look at the different aspects and types of business proposals, and their importance as well as their place in the overall scheme of things. We will also touch on how they are related, or how they can be combined to maximum effect. Before you proceed, you may want to read the previous interesting articles in this category, here are the links below: Writing A [...]
6 Reasons Your Business Proposal Is Chosen Over The Competition
What makes a proposal different from the others that it is chosen over them? Indeed, what are the things that could make your proposal so special that it can be chosen over others? Presenting the winning Business Proposa What makes a proposal different from the others that it is chosen over them? There are those who might hold the view that a document cannot be compared to [...]
Litigation: Why Alternative Dispute Resolution Could Be Better
Alternative Dispute Resolution, ADR is a way of resolving issues without having to go to the courts. It is a form of negotiation that is included in a deal in such a way that makes it a legal means of resolving issues that might arise in cases where an agreement has failed or wants to be challenged by one or more of the signatories. ADR comes with several advantages over going [...]
Time Management: The Impact Of Goal Setting In A Workplace
Goal setting is the first thing that sets a person on a course of achievement. Without such goals as a personal or organizational level, the entity will not be able to measure themselves against anything. Goal setting can only be relevant when it is set within a given time-frame and this is where time management can be linked to goal setting. Before we look as goal setting [...]
How To Choose Your Business Name
The name of your business is the very first aspect of the business most people will come in contact with. Many people will often meet your business name before meeting the business itself. It is also what will accompany the business for as long as it lives and even after it dies. Thus, in choosing a name for your business, it is important that you give it all the importance it [...]
Time Management: The Impact Of Prioritization In Workplace
Prioritization plays a key role in time management just as it does in other areas of life and business. When it comes to us as individuals, it is something we act upon subconsciously. Before we look at the importance of prioritization in a workplace environment, it may be noteworthy to say something about the role it plays in our lives as individuals. Prioritization In Our [...]
Aliko Dangote To Launch $400 Million Cement Plant In Zambia
A $400 million cement plant in Zambia owned by Dangote Group will be commissioned and commence operations by the end of March, according to a report by the Lusaka Times. Speaking to a group of Journalists on Thursday at departure at Simon Mwansa Kapwepwe International Airport in Ndola, Aliko Dangote, Africa’s richest man and owner of the Dangote Group, said that the [...]
Agriculture transformation agenda generates N47trn
The Present Administration’s Transformation Agenda on Agriculture has generated about Forty-Seven Trillion Naira into the Nation’s Gross Domestic Products GDP in the last three years. The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina made this known in Abuja while receiving an award of outstanding Minister of the year organized by the News watch [...]
How To Start a Business In Tanzania
As an Entrepreneur looking to start a business in Africa, you need to know how to go about setting up your business in any given African country of your choice. Here, I want to take you through some of the basic rudiments of starting a business in Tanzania. Dar es salaam - The Tanzania commercial capital The United Republic of Tanzania is an East African country with [...]
The Importance Of Communication During Negotiation
Negotiations would cease to have any meaningful impact if the people involved fail to communicate in an effective manner. Read on if you want to get an idea of the importance of effective communication. What Is Effective Communication During A Negotiation? The definition is in respect to what transpires during a negotiation. It is the sum total of operating on the same [...]
How To Hire A Professional Negotiator
Professional negotiators have become an integral part of doing business as well as conducting negotiations that have legal implications. They have mastered the science and art of negotiation. They are worth considering when the stakes are high because they will bring their full expertise to bear on your behalf. Australian negotiator, Dr. Stephen Davis, with Boko Haram [...]
Benefits of Having a Bad Experience in Business
I will be getting a lot of responses if the objective of this article is to canvass and encourage people to pursue having bad experiences. I do not plan to invite the wrath of thousands, but there are bad experiences that some might say were inevitable. I want us to consider the possibility of these inevitable experiences turning out to be something good. Sundar C says [...]
How to Keep Your Team On Their Toes
A team can easily lose focus when the atmosphere around them becomes lax enough for this to take place. It is the responsibility of the team coordinators to make sure that each team is focused, whether they are on tasks or in between tasks. Keeping them on their toes may involve contriving situations that will occupy their mind and body wherever it is necessary. Advantages of [...]
How to Start a Professional Cleaning (Janitorial) Services
Starting a professional cleaning business is easy, but the more challenging part of it is keeping an excellent reputation. That is the part that requires hard work and real commitment. It is a nice thing being one’s boss as a janitor, but in the real sense – the customers are the main boss. Give your customers first class cleaning services, charge an amount more affordable than [...]
Nigeria-China Trade Hits N3 trillion in 2014
Trade between Nigeria and China in 2014 was already in the excess of $16 billion with January and November taking into account, China’s Deputy Chief of Mission to Nigeria, Zhang Bin, said yesterday. “In 2013, the trade volume between Nigeria and China was 13.5 billion dollars and then according to our statistics, from January to November 2014, the trade volume already amounted [...]
FG set to increase Wheat production to 1.5m tonnes in 2017
The Federal Government, through the Wheat Value Chain (WVC), is to increase national wheat production from the current 100,000 tonnes to 1.5 million tonnes by 2017. This is contained in a statement issued by Mr Tony Ohaeri, the Director, Information and Protocol, Federal Ministry of Agriculture and Rural Development, and made available to News Agency of Nigeria (NAN) in Abuja [...]
Oil price falls below $45 per barrel
Oil prices continued their dramatic slump to near-six-year lows on Tuesday, as an oil minister from OPEC (Organization of the Petroleum Exporting Countries) reiterated that the group would not be changing its production strategy. WTI crude for February delivery fell below $45 a barrel on Tuesday morning for the first time since April 2009 and was trading at $44.51 a barrel at [...]
SEC appoints Gwarzo as the new acting DG
Mr Munir Gwarzo, the Executive Commissioner, Operations, securities and Exchange Commission was on Monday, appointed as the Acting Director-General of the commission. This is contained in a statement by the commission that was made available to newsmen in Abuja. According to the statement, Ms Arunma Oteh, the former Director-General of the commission announced this during a [...]
Rice investor’s in Nigeria lauds FG import Quota policy
The Nigerian Rice Investors’ Group has lauded the import quota allocation given to rice investors in the country as a step in the right direction. The group, which addressed the press in Abuja, yesterday, said that the rice import quota policy of the federal government was geared towards self-sufficiency in rice production in the country. It said this was the first time [...]
FISON decries absence of Fisheries Act in Rivers state
Fisheries Society of Nigeria (FISON), Rivers state chapter, has decried the absence of Fisheries Act, which they said is preventing farmers from obtaining Food and Agricultural grants in the state. Dr. Awotein George, the Chairman of FISON, said in Port Harcourt that the state had no law that would enable farmers to access the grant. “Without Fisheries Act you cannot access [...]
Nigerian Farmers Added Over 21 millions Metric Tones Of Food To National Production
Nigerian farmers have added over Twenty one million metric tones of food to National production in the last three years, thereby decreasing food import bills from eleven billion dollars to less than four billion dollars. This is why agriculturists are highlighting a vibrant and effective market system for agriculture to remain key to economic revival. This was according to [...]
New N100 note goes into circulation on Friday
(CBN) The Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by the President, Goodluck Jonathan, is going into circulation from Friday. This was disclosed in a statement signed by Ibrahim Mu’azu, Head, Corporate Communications, on Friday in Abuja. It directed all branches of the bank to commence issuance of the currency in their respective [...]
UBA commences twitter notification for its customers
For UBA plc customers on Twitter, the bank has promised added services as they can now receive notifications for their bank transactions via the social media platform henceforth. If you are a #UBA customer and you are on Twitter, you can now receive transaction alerts via Twitter - Follow us for more stories— Constative (@Constatives) December 18, 2014 The service, [...]