Category Archives: Economy

New minimum wage and the Nigerian worker

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As part of its last act as its end draws closer, the 8th National Assembly on the 18th of march 2019 passed the new minimum wage bill of N30,000 into law. This is good news for the average Nigerian civil servant whose cry for new wage has been on for a considerable amount of time. … Open full story

NSE, SEC: The Stock Market and You

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THE STOCK EXCHANGE AND YOU The Nigerian stock exchange was established in 1960 as the Lagos Stock Exchange. In 1977, its name was changed from the Lagos Stock Exchange to the Nigerian Stock Exchange (NSE). The operation of the stock exchange began officially on August 25, 1961 with 19 securities listed for trading. Operations were … Open full story

The 5 conditions for obtaining loans

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THE 5 C’S OF CREDIT Do you need funds to start a business? Do you need money to expand your business? You might consider taking a loan from a bank . The 5 c’s of credit refers to the five parameters used by banks to determine whether a loan request should be approved or not. … Open full story

7 Effective Ways to Market your Business

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A business thrives more when it employs a good marketing strategy, be it small scale or large scale business. Marketing means reaching out to all and sundry, people who are distant from you and not in the locale of the business where it is situated that need that particular product or service.It entails informing them … Open full story

How to reduce inflation in Nigeria

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HOW TO REDUCE INFLATION IN NIGERIA Inflation can be defined as the consistent rise in the price of goods and services within a country or state. Inflation is a common word in Nigeria. From market women to government workers to politicians, everyone knows inflation is a recurring problem in Nigeria . There is hardly any … Open full story

How to create employment in rural areas

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HOW TO CREATE EMPLOYMENT IN RURAL AREAS The basis of the problems which cause troubles for those who live in rural areas in Nigeria can be traced to a number of reasons. One of such reasons is the fact that employment opportunities are so limited in those areas that a typical rural dweller cannot climb … Open full story

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