Common Misconceptions Nigerians Have About Entrepreneurship

By Emmanuel Udom Today, most contract security guards are earning slave wages, putting their lives in danger while ensuring the safety of other people, corporate bodies, government agencies, etc, 24/7. It is noted that all over the world, security business is deadly, risky, slippery, dangerous and sophisticated. Like in other business concerns, owners of registered and yet-to-be-registered private security companies are in for raw deals. They are driven by profits, the laws of supply and demand and the desperate hustle for big, juicy contracts, our investigations have shown. Private contract security companies hire all sorts of people, give them one

By Kenneth Horsfall In the world of digital marketing, staying ahead of the curve is essential, especially when it comes to reaching the ever-elusive Gen Z audience. These tech-savvy individuals, born between the mid-1990s and the early 2010s, have distinct preferences and habits when it comes to consuming content. TikTok, the short-form video platform that has taken the world by storm, has emerged as a powerful advertising medium, particularly when targeting Gen Z. With TikTok’s meteoric rise in popularity and Facebook’s continued dominance, businesses must make informed choices about where to invest their advertising dollars. This article will explore five

By Tony Ogunlowo I’m not a big fan of reality TV programmes: the original concept of showcasing the lives of ordinary people has been lost in a maelstrom of faceless (- and often talentless) wannabes acting out badly written scripts in an effort to boost ratings and get their fifteen minutes of fame. ‘Big Brother’ started out as a social experiment and now has become the ‘must-be-on’ show; the Kardashian clan would probably be waiting tables, working check-outs or standing at street corners in skimpy outfits – at night – if it wasn’t for ‘Keeping Up with the Kardashians’ and

By Modupe Gbadeyanka The proposed introduction of a 20 per cent ad-valorem excise tax by the federal government on non-alcoholic beverages, which covers the widely consumed Carbonated Soft Drinks (CSD) segment, could lead to the collapse of the soft drinks sector, the CSD arm of the Manufacturers Association of Nigeria (MAN) has cried out. The group urged the government to rescind its decision on the matter, stressing that such a move would spell doom for the sector as the effect of the prevailing N10 per litre tax regime was already crippling the sector with its biting effects on their businesses,

By Dipo Olowookere Chief executive of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, has said the newly signed Finance Act by President Muhammadu Buhari will rejuvenate the real estate investment trusts (REITs), which he said would be beneficial to issuers and investors. Speaking at a symposium on Monday, Mr Onyema said what will do this magic is the elimination of double taxation in Collective Investment Schemes (CIS), including Real Estate Investment Structures, in the Finance Act signed into law on January 13, 2020. According to him, this will “have a significant impact on the growth of the currently nascent

After a rigorous drill at locations and editing studio, creative actress, Ebube Nwagbo, planned to make the premiere her hilarious cinema movie, ‘Not Enough’, starring actor cum model, Alexx Ekubo, among others a big one. This family oriented movie is produced by the movie star, Ebube Nwagbo and Ogonna Mbonu under PoshWorld productions. The film also stars talented and professional acts like Oge Okoye, Nazo Ekezie, Michael Bonny Bassey (Big Brother), Susan Zayat and Tina Amuziam. Though hilarious, the flick has a blend of tragic and comic elements attached to its plotting. The story surrounds two young sisters from an

By Dipo Olowookere Sterling Bank Plc has announced the appointment of Mr Emmanuel Emefienim as an Executive Director on the board of the lender. Mr Emefienim, armed with over 25 years of experience in the banking industry, has worked in various middle and senior management roles across Operations, Treasury and Sales. A statement issued by Sterling Bank yesterday disclosed that the appointment of Mr Emefienim has been approved by the Central Bank of Nigeria (CBN). The appointee started his banking career with Oceanic Bank Plc (now Ecobank Nigeria) where he worked from 1992 till 1997, rising to the position of

By Adedapo Adesanya Mr Kingsley Obiora, a deputy governor of the Central Bank of Nigeria (CBN) in charge of Economic Policy, is reportedly in the net of the Department of Security Service (DSS). It was widely reported that Mr Obiora has now spent four nights in custody under questioning by the security service. It is believed that this is a wider part of allegations of financial mismanagement under the embattled and suspended governor of the apex bank, Mr Godwin Emefiele, who is also in custody of the nation’s secret police. Mr Emefiele, who was first appointed as CBN governor in

By Nneka Okumazie There are African countries with an intermittent high-intensity crisis that often seem like the face of hell. The people there unleash the worse possible hell on each other. There is often an issue at stake in every crisis. However, some watchers often wonder where does this cruelty come from or how do these people do this to each other? There are people who blame colonisation or the incursion of foreigners, saying Africa had morals and a value system before they came, that it what afterwards that Africa lost a lot of those. They say enticing elite Africans

Choosing an ideal Forex broker is a crucial but often complex task, pivotal to achieving success in trading, whether for novices or experienced traders. Essential aspects to evaluate include the trading environment, fee structures, range of financial instruments, and account types. TU analysts compiled Full brokers list on tradersunion.com, using criteria such as the spread size, the array of trading tools supported, and the caliber of customer service. This extensive list guides traders seeking to make knowledgeable decisions, enhancing their likelihood of success in the Forex market. What is Forex trading all about? Traders Union underscores the crucial function of

By Adedapo Adesanya The Naira depreciated against the American Dollar at the Peer-to-Peer (P2P), Investors and Exporters (I&E), and the unauthorised segment of the foreign exchange (forex) on Friday, October 28. This was made worse by the new policy of the Central Bank of Nigeria (CBN) of redesigning the Naira, which is making some people source Dollars to reduce losses. As a result, the Nigerian currency fell by N5 against the greenback to sell at N790/$1 compared with the previous day’s value of N785/$1, and at the parallel market, the domestic currency depreciated by N16 to trade at N785/$1 compared