InvestNow Lets You Buy Shares Online With as Little as ₦10,000
We know that it’s a bad idea to ‘save’ money by stashing it under a mattress. If it lies dormant, it’ll lose value. That’s a basic rule. If you really want to save money, you’ll have to ‘grow’ it. In other words, you’ll need to invest it in something. Thankfully, there are numerous investment opportunities […]
Investment Lessons From The Rise of Modern Farm Franchises in Nigeria
Any country with a population of over 170 million inhabitants should be a viable market for small businesses and thousands of franchises! Sadly, this assumption does not necessarily hold true in Nigeria, due to some factors. On face value, franchising does not make a lot of sense in a marketplace, where the concept is alien. […]
Is Your Business Ready to Scale?
I want to scale my business! This is a common statement I read from emails, DM’s and form submissions we receive at Tale Alimi Global. Statistics show that 70% of businesses find it hard to scale their business. The reason is that scale is not for amateurs. Most people who say they want to scale […]
Did You Know…? Nigeria’s Market for Biscuits Is Worth Over ₦100 Billion
Far from being just variably shaped baked flour snacks we keep our mouths busy with, biscuits are the bedrock of an industry that’s worth billions – and growing. A widely quoted report published in 2017 by the global business audit and advisory firm, KPMG, suggests that Nigerians’ love for crunchy cookies and crackers has helped […]
Five Proven Ways to Make Your Business More Profitable
First off, please read the following quote carefully: Profit is not the legitimate purpose of business. The legitimate purpose of business is to provide a product or service that people need and do it so well that it’s profitable. -James Rouse, pioneering American real estate developer Point made. Now, we proceed. Cut-throat competition in today’s […]
Lafarge WAPCO Announces N8.6 Billion Profit Before Tax for Q1 2014
One of the major manufacturers of cement in Nigeria, Lafarge WAPCO Nigeria plc has announced an income before tax of N8.6billion compared to N7.2billion recorded in Q1 2013- a 20% increase. In a statement released by the company, profit after tax increased by 34% to N8.1billion for the first quarter of 2014. Another […]
Stanbic IBTC Announces N20 Billion Profit for 9 months in 2013
Stanbic IBTC has announced its pretax profit for 9 months in 2013 in a filing with the Nigerian Stock Exchange. It submitted that profit rose by 126 percent to 20 billion naira from 9 billion naira in the same period in 2012. Revenue was up from 64 billion naira in the same period of last […]
The 3Ps To Starting A Business.
By Tunde Owoeye-Phoster. It is the entrepreneurial deception that causes for a lot of copy-cat businesses. Ngozi sees that there is a store on her street that sells flour (for baking) in bags, she sees a lot of truckload of flour being delivered into this store and at the same time hundreds of customers trooping […]
Nigeria’s GDP Up By 6.28% Last Quarter
By David Stephen. Nigeria is an emerging economy and has been dubbed as one of the fastest growing worldwide. This, by our Gross Domestic Product – GDP – quarterly rates us high on the global list. According to the Nigerian Bureau of Statistics, Nigeria’s GDP in the second quarter of 2012 grew by 6.28%. Non-oil […]