Archives Tag: Profit

Conference

Is Retail Franchising the Next Goldmine for Nigerian Investors?

April 19, 2022

Nigeria’s retail market is both capturable and too large to ignore.  Buying into the winning retail business model will be taking advantage of one of Africa’s biggest growth opportunities. Investing in a viable business – opens up the question of franchises: Are retail franchises good investments? How can a Nigerian acquire a retail franchise?  And … Continue reading Is Retail Franchising the Next Goldmine for Nigerian Investors?

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ANNOUNCEMENTS

The Independence Investment Forum Registration Began on 1st October 2018

April 19, 2022

The Nigerian-American Chamber of Commerce (NACC) in partnership with FootPrint to Africa is set to hold the first edition of The Independence Investment Forum (TIIF). TIIF is an annual event supported by the Ministry of Foreign Affairs and the Embassy of the United States, Nigeria. It would be held on the 1st of October, 2019; … Continue reading The Independence Investment Forum Registration Began on 1st October 2018

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BUSINESS

InvestNow Lets You Buy Shares Online With as Little as ₦10,000

April 19, 2022

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 … Continue reading InvestNow Lets You Buy Shares Online With as Little as ₦10,000

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Agriculture BUSINESS

Investment Lessons From The Rise of Modern Farm Franchises in Nigeria

April 19, 2022

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. … Continue reading Investment Lessons From The Rise of Modern Farm Franchises in Nigeria

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BUSINESS

Is Your Business Ready to Scale?

April 19, 2022

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 … Continue reading Is Your Business Ready to Scale?

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Economy

Did You Know…? Nigeria’s Market for Biscuits Is Worth Over ₦100 Billion

April 19, 2022

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 … Continue reading Did You Know…? Nigeria’s Market for Biscuits Is Worth Over ₦100 Billion

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BUSINESS

Five Proven Ways to Make Your Business More Profitable

April 19, 2022

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 … Continue reading Five Proven Ways to Make Your Business More Profitable

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BUSINESS News Stock Market

Lafarge WAPCO Announces N8.6 Billion Profit Before Tax for Q1 2014

April 19, 2022

    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 … Continue reading Lafarge WAPCO Announces N8.6 Billion Profit Before Tax for Q1 2014

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BUSINESS News

Stanbic IBTC Announces N20 Billion Profit for 9 months in 2013

April 19, 2022

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 … Continue reading Stanbic IBTC Announces N20 Billion Profit for 9 months in 2013

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BUSINESS

The 3Ps To Starting A Business.

April 19, 2022

 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 … Continue reading The 3Ps To Starting A Business.

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BUSINESS News

Nigeria’s GDP Up By 6.28% Last Quarter

April 19, 2022

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 … Continue reading Nigeria’s GDP Up By 6.28% Last Quarter

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