₦airaland Forum

is this showing signs of an improving economy?

The naira strengthened to the highest in more than a month, gaining for a third day, as the central bank auctioned dollars and oil companies were said to sell the greenback.

The currency of Africa’s largest oil producer appreciated 0.1 percent to 160.68 per dollar as of 3:56 p.m. in Lagos, the commercial capital, its strongest on a closing basis since June 1, according to data compiled by Bloomberg.

The Central Bank of Nigeria sold $163.5 million at a foreign-currency auction today, less than the $200 million on offer, at a marginal rate of 155.87 naira per dollar, the Abuja- based bank said in an e-mailed statement. The regulator also sells dollars directly to lenders at interbank market to support the naira. The oil industry, which sells to lenders around the month-end to meet local expenses, is the second major supplier after the central bank.

“The central bank has been providing support to the naira through the auction and direct intervention at the interbank market,” Access Bank analysts led by Tony Monye and Michael Ndiomu wrote in a note to clients today. “Chevron Corp. (CVX) and Addax Petroleum sold $50.1 million on July 6 which is supporting the naira.”

“Dollar sales by oil firms bolstered liquidity on the interbank market last week, helping to alleviate depreciatory pressure on the naira,” Celeste Fauconnier and Nema Ramkhelawan-Bhana, strategists at Rand Merchant Bank, wrote in a report today.

Foreign-currency reserves, which rose 10 percent this year, retreated to $36.571 billion, according to the latest figures from the central bank dated July 5.

source

what do you think about the article? do you have questions? lets discuss

buzugee: ITS A GOOD BOOK AND ONE THAT MANY CHURCH PEOPLE GRAVITATE TO BUT IT HAS NO MEAT.REAL PROPHETS DONT GRAVITATE TO IT. REAL PROPHETS WOULD PREFER ( AND THESE WOULD BE MY FAVORITE TOO. DUNNO WHICH OF THEM I WOULD PICK ABOVE WHICH BUT THESE ARE MY TOP ONES )
1-OBADIAH
2-ISAIAH
3-JEREMIAH
4-EZEKIEL
5-HABBAKUK
6-JOEL
7-2 THESSALONIANS
8-ROMANS
9-REVELATION
10-DANIEL
11-JOB

those are the ones that contain these myths and fantasy stories im talking about. i'm not only talking about what only christians read but many other people find it more interesting than the other books.

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Do you have the talent for creating eye-pleasing, innovative and interesting craft items? If yes, you can turn your passion for crafts into an income-generating business. You will be earning from what you love to do most. Now what could be greater than that? What of exporting this product? Very lucrative I must tell you.

The works of the handicraft industry have witnessed an increase in demand in the past few years. More and more people are seeking out original handmade items that are functional and eye-catching, yet more affordable relative to artworks such as paintings. Areas that have experienced a surge in tourism also saw a heightened demand for craft items as tourists purchase unique cultural items as souvenirs for family and friends, as well as for their own personal use

Product Sourcing
Various types of handicrafts are produced and are available all year round in various states in the country. A great number of arts and handicrafts now on demand abroad abound at exportable quantities in different parts of the country.

Product and Location

Leather and leather products

Leather and leather products are produced in large quantities in Sokoto, Kebbi, Niger, Kano, Plateau State and Adamawa. Richly decorated leather works exist in Oyo state.

Textile materials

Textile materials, one of the most intricate handicrafts of Nigeria are highly known for the rich variety of designs, color and production techniques with which they are imbued. Traditionally, both men and women of Ibadan, Abeokuta, Okene, Osogbo, Kano, Oyo, Bida, Ado-Ekiti, Ishan, Jukun and Akwete areas engage in weaving, sewing and selling of locally designed clothes of all kinds. Sokoto is famous for high quality woven hats and tie and dye. While the Yorubas of western Nigeria remain the major producers of Adire wear, a special Yoruba traditional wear is today worn, all over the world, by both rich and poor.


Continue the rest of the article

Catering business is one of the most lucrative and profitable businesses with a high potential for expansion and growth. It is both financially rewarding and fun simply because on every single day, people, rich, poor, educated or illiterate need to eat. Once in a while, everyone has a special occasion when cooking for a large number of people is necessary. Events like birthdays, anniversaries, weddings, naming ceremonies, funerals all fall into this category but only caterers who are trained and experienced can cater on such occasions.

So how can you turn a canteen and catering business into a successful, money-spinner?

The catering business is a very lucrative business that you can start on a small scale and grow into a big business. One thing about the catering business is that you are sure of making steady profits from each event unless something really goes wrong.

In the catering business you make extra money because your client pays for your services and you never really use up all you bought for the event, which is another gain for you. Most times you make your profit from food because you can’t properly charge people for ingredients, firewood, or gas cooker usage. So it is essential to know how to do your calculation and billing.

The number one thing to consider when starting a catering business is to examine yourself if you are ready for responsibilities of a caterer. These responsibilities include: preparation of meals, delivering the meals, servicing the meals, gaining clients, organizing and planning, and most importantly customer service.

How to manage the business to make maximum profit

Quality of Food
A successful catering service requires tasty, top quality dishes and services at all times. Catering is not just about cooking but cooking a sumptuous meal. You don’t go into catering business because you feel the business is lucrative, you should go into the business because you are a good cook and you love cooking.

A party is not complete without food or snacks but once something goes wrong with the taste of your food, for example, if the food is salty, a lot of people won’t be able to eat the food and it becomes a waste and an embarrassment on your part. You could also loose clients and possibly prospects. You should learn how to cook different dishes, various African dishes, intercontinental dishes and even Chinese foods like Chinese rice.

Get the Best hands for your Catering business
No matter how much you love cooking, doing it for a large crowd could be cumbersome. In fact, not everyone who cooks well for a few can repeat the same feat for a crowd. You may not even have the time and energy to handle it alone even if you are good at cooking for a large audience. You can’t always handle the cooking all by yourself. That’s why you need extra hands popularly called Olopos (Kitchen hands in Yoruba) to assist you in your cooking and also to make it faster for you to be able to meet up with the delivery time of your clients. But make sure you monitor them so as to get the best result. They should have a good knowledge of various dishes and the combination of certain type of dishes.

Get involved in your Catering Business
You must be involved in the buying of your food items. Don’t always make it a habit of sending your kitchen hands to the market because you don’t know which of them might cheat you. If you have to, ensure you know the prices of the major food items and ingredients.

When running a canteen and you have people cooking for you, you should be able to give estimate of what they cook and sell. For example, you should be able to know how many wraps of eba (dish made from garri) you would get from 1 kongo (measure) of garri depending on how much you sell your eba either N20 or N50. If you make 2 kongo of garri in a day, you should be able to determine your profit from how much you bought the kongo of garri and how much you made from the wraps of eba. You should also be able to gauge how much you can make from a kongo of rice and other food stuff and you should be able to manage your profit.
If your business has grown to the point of killing a cow or goat, you will get more profit compared to buying in bits from the market. The profit you make on a daily basis differs. Most times, your profit also lies in the materials left because you would be buying in bulk.

Presentation of your meals
It is very important that the food is presented in a very attractive way. When you are serving your food on plates make sure there are no spills of food on the side of the plates, and when you are putting more than one food on a plate, ensure they are neatly placed beside one another.

When running a catering business, cleanliness should be given top priority and appetizing food would surely attract a large number of customers daily. The floors, table clothes, napkins, wash hand bowls must be clean regularly. Your servers should also be well dressed and smart. The clothes must be clean, hair covered and nails must be neatly manicured.

One responsibility of a caterer is getting the food to the event. This may seem easy, but it’s more difficult that you can imagine. This is because if you don’t have a truck or van, you may have to do multiple trips to get the food to the event. The solution will be to have a truck or van ready for transportation.

How to source for clients and manage them
Most clients are gotten through referrals. Word of mouth advertising doesn’t bring contacts very often except a prospect just decides to give you a trial. This is why you must ensure that you and your service people are at your best and your food is very well prepared. For every event catered for, take your complimentary cards along and distribute it to the attendees. Someone may just like your dishes enough to ask you to handle his or her event.

Make friends with different event planners so the can always call on you when they need caterers to handle their events. Make the most of social media, become an active blogger and promote yourself using facebook, twitter and other social media tools.

Let people around you, in the office, church or neighborhood know that you are into the catering business. You could print fliers and handbills to advertise your services. If you have a car or bus, brand it in your company name. You should also have a uniform with your company name and contact written on them.
The most efficient way of keeping your customers is to give your customers the best service and talk to them nicely. If customers are always asking for a particular type of food you don’t prepare, you should make it available. Be knowledgeable enough to know what dishes are appropriate for breakfast, lunch and dinner.

How to get Jobs from Corporate Organizations
There are several corporate organizations and schools that don’t have a canteen or catering business within their premises. The effect of this is that workers, staff and pupils alike have to go outside the workplace or school premises to eat during lunch break. This in turn can expose them to unsafe and unhygienic dishes as well as other dangers like possible chaotic traffic on the streets.

This is an opportunity you can take advantage of. All you need is to get someone within the organization to tell you how to go about getting your catering service into the company or school, or you can write a proposal indicating your intention to cater for them during lunch break and office hours. With a reasonable price for take-away packs and a well cooked dish with additional fruits and desserts for the staff, you are sure to win the contract.

Source

This is one book every person of any religion and ideology could relate with. even atheist see wisdom in many of the verses of that book. with all the stories about contradictions in the bible and stories that look like myths and fantasies, is the book of proverbs the most worthy among all the other books as everyone can relate to it? yes or no

gidiMonsta: Yes, there are a few but very graphical description of Muhammad.

the kind that gives you eternal nightmares

noetic you posted this

Your Dads Fluid and mum's egg created you, Fine. What/who created the first living person?

then who created the one who created the one who created the first living person?

Fxking2012 You see your life? I wonder hows your self esteem now, if you are still in shape. You create a thread with vague reasons and you cant even muster the strength to defend it through. its now a chat room smh

Another rundown in the making?
http://smallbusiness.com.ng/trending-news/okonjo-iweala-targets-$10bn-excess-crude-savings/

chukwuka E: I was successfully posted to cross river state.let share contact if you are posted to cross river so that we can rock together there.No.+23480347d3740/pin 2399EE25.Respect to you all [/color][color=#990000]

you wan do nysc or you wan go rock?

Pay us and we will provide you with everything you need to start it up.

Igbo man

It is still a forum where people come to share business ideas too and it still remains that way. I dont see any change at all. What also make people keep their best is the way it is appreciated on this forum, very less appreciated. When a new biz idea comes up people start shouting fraud fraud before it even gets to the heart. We cant talk about mlm and network marketing programs here as seun has stopped those topics long ago. So people have to request for those information. Your problem is betonmarket related and alparifx should either send you your package or refund your money.

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I'll rather give it up. dangote no go nysc

oscar4luv: 20,000+ hits is quite easy to reach, Join my forum and pm me there...

really?

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Please post your screenshots here

Tunjibodmas: Thanks all 4 ur reply what am scared of is my check not to get stolen ,pls any1 wit info on the ever best service to use inorder 2 secure my check and can i use my home address inorda 2 get d check?

Dont worry about your check getting lost. you can report to google if it gets missing or stolen and they will refund your cash back to your account.

For the sake of most mobile users stop quoting long post.damn it.

princeokek: Mine was stolen last year and was cashed by someone i dont know.it was really painful cos it was $738 and my very first check.its funny though because i did not use the secure express and you did,i believe there are corrupt official in google who carry out such business or it may be from nigeria.

Didnt you track the cheque via dhl?

see tori.corrupt officials in google who connived with nipost people to steal your $738. Guys dey talk oh.

Tunjibodmas: pls house i need advice on using electronic fund transfer to receive my earnings from adsense.pls can i get d money in my saving account with accessbank directly ?pls ur candid advise is welcum thanks.

eft is not opened to nigeria.

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show me your previous jobs.

ponana:

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please visit the link in the first post and put your screen shots.thats the only way you can get jobs.