Dangote shares his secret of becoming Africa’s richest man

Dangote

There are 7 (seven) Points on How to Become a Successful Businessman in Nigeria, according to Alhaji Aliko Dangote

The richest African on earth and the 23rd richest man in the world (jumping 20 spots on the scale from his previous 43rd position) according to Forbes; and the President and CEO of Dangote Group, Nigerian-born Alhaji Aliko Dangote, has advised young entrepreneurs on how to be successful businessmen and businesswomen . . .

Continue reading “Dangote shares his secret of becoming Africa’s richest man”

Advertisements
Dangote shares his secret of becoming Africa’s richest man

OPEC members’ net oil export earnings may crash to $341 billion in 2016

OPEC

• Nigeria’s crude business revenue drops by more than half to $39b in 2015

• Earns $10b between January and May

The United States (U.S.) Energy Information Administration (EIA) has projected that members of the Organisation of the Petroleum Exporting Countries (OPEC) net oil export revenues could fall from the $404 billion it earned in 2015 to about $341 billion in 2016 . . .

Continue reading “OPEC members’ net oil export earnings may crash to $341 billion in 2016”

OPEC members’ net oil export earnings may crash to $341 billion in 2016

MTN ‘to double’ Nigeria’s spending in 2016

MTN . Telecoms

Telecom giant, MTN Group, said in Johannesburg on Wednesday it would more than double its capital spending in (its primary market Nigeria) in the 2016 fiscal year . . .

Continue reading “MTN ‘to double’ Nigeria’s spending in 2016”

MTN ‘to double’ Nigeria’s spending in 2016

Nigerian Currency, Naira, to be determined by market forces – CBN

Naira

The Central Bank of Nigeria (CBN) has finally allowed market forces to determine the true value of the Nigerian local currency- Naira (N) – against other currencies across the world. This was disclosed by the Governor of the CBN, Godwin Emefiele, who spoke at a press conference in Abuja on Wednesday . . .

Continue reading “Nigerian Currency, Naira, to be determined by market forces – CBN”

Nigerian Currency, Naira, to be determined by market forces – CBN

Nigerian govt. bars banks from giving loans to state governments

Banks in Nigeria

The Nigerian Federal Government has barred commercial banks in the country from giving loans to state governments . . .

Continue reading “Nigerian govt. bars banks from giving loans to state governments”

Nigerian govt. bars banks from giving loans to state governments

Emir Sanusi II Lauds Jaiz Bank’s N700m Profit

Emir of Kano . Muhammad Sanusi II

The Emir of Kano, His Royal Highness, Muhammad Sanusi II, has lauded Jaiz Bank for declaring a profit of over N700 million in four years of its inception . . .

Continue reading “Emir Sanusi II Lauds Jaiz Bank’s N700m Profit”

Emir Sanusi II Lauds Jaiz Bank’s N700m Profit

Nigerian Naira falls to ₦357 per US Dollar $1

Naira . notes

The Naira on Monday weakened further against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports . . .

Continue reading “Nigerian Naira falls to ₦357 per US Dollar $1”

Nigerian Naira falls to ₦357 per US Dollar $1

Reasons Nigerian Banks Are Sacking Workers

Banks in Nigeria

Nigerian banks started trimming of staff to suit the economic situation. Last week, two banks, Ecobank and Diamond Bank sacked over 1060 staff citing economic downturn as reason for the cut . . .

Continue reading “Reasons Nigerian Banks Are Sacking Workers”

Reasons Nigerian Banks Are Sacking Workers