An airdrop is a distribution of a cryptocurrency token or coin, usually for free, to a large number of wallet addresses. Airdrops are primarily implemented as a way of gaining attention and new followers, resulting in a larger user-base and a wider disbursement of coins.

To earn from airdrops you can visits sites that updates viewers on the latest airdrops. Such sites include.

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Learn how to make money through airdrops. http://www.sanwomi.com/2018/10/learn-more-about-airdrops.html

The Nigerian Stock Exchange (NSE) on Monday suspended trading in the shares of six listed companies.

The companies were suspended after they failed to file details of their accounts to the Exchange as stipulated by market regulations.

The six companies are DN Tyre & Rubber Plc, FTN Cocoa Processors Plc, International Energy Insurance Plc, Thomas Wyatt Nigeria Plc, Union Dicon Salt Plc and Unic Diversified Holdings Plc.

In a notice signed by Godstime Iwenekhai, head of Listings Regulation Department, the NSE said the decision was pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) (“Default Filing Rules”).


Source and more:
NSE suspends trading in shares of six Nigerian companies http://www.sanwomi.com/2018/10/nse-suspends-trading-in-shares-of-six.html

It's seemingly as certain as death and taxes: The richest people in America keep getting richer. The average net worth of those on The Forbes 400 has once again marched higher, hitting $7.2 billion this year. That's up from $6.7 billion last year and the ninth year in a row that the average list member's fortune has increased.



The total combined net worth for those on The Forbes 400 climbed to a record $2.9 trillion, up 7% from 2017. That is more than the total GDP of the United Kingdom. Jeff Bezos, with a fortune of $160 billion, singlehandedly controls about 5% of this sum.



Amazon founder and CEO Jeff Bezos is by far the richest person on Earth, unseating Bill Gates as No. 1 on our list of the richest Americans after a remarkable 24-year run. Bezos is also the first person to appear in the ranks with a net worth over $100 billion — he surpassed the milestone, and then some, with a fortune estimated at $160 billion.



Bezos saw his net worth shoot up by a record $78.5 billion in the past year, thanks to a 104% surge in the price of Amazon stock. The e-commerce Goliath recorded more than $100 billion in net sales in the first six months of 2018, a 41% jump from the prior year. Bezos gained more in one year than the wealth that 397 members of The Forbes 400 have been able to build in their entire lifetimes, with just Bill Gates (net worth: $97 billion) and Warren Buffett (net worth: $88.3 billion) worth more.

Source and more:
Relentlessly Rich: The 2018 Forbes 400 By The Numbers http://www.sanwomi.com/2018/10/relentlessly-rich-2018-forbes-400-by.html


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The United States Nigeria Council (USNC) has disclosed that it remains committed to developing Nigeria’s technology and innovation ecosystem by bringing in influential entrepreneurs to combat market challenges being experienced in the industry.

The USNC also stated that it was ready to connect investors with potential investees to mobilise capital for Nigerian start-ups and companies in a bid to further develop the country’s technology and innovation ecosystem.

Speaking at the round-table breakfast meeting on the sidelines of the 73rd United Nations General Assembly in New York City, USA, recently, the Executive Director of USNC, Eliot Pence stated that the Council’s mission was to promote bilateral business partnership and growth in Nigeria, by focusing on entrepreneurial investment in the technology and innovation ecosystem.


Source and more:
USNC rallies investors to boost bilateral ties http://www.sanwomi.com/2018/10/usnc-rallies-investors-to-boost.html

Group Managing Director, Access Bank Plc, Herbert Wigwe, has re-emphasized the Bank’s commitment to improving financial practices in Nigeria and Africa, by leveraging massively on technology.

He stated this during a strategic meeting with the Chief Executive Officer of Microsoft, Satya Nadella, in Seattle, United states of American.

Besides, the bank recently announced its five-year strategic plan focusing on enhancing Africa’s position in the global community, and descried the high-level meeting with Nadella as a step in the right direction to achieving this goal.

Wigwe said: “Africa is currently experiencing a massive growth in wider access to and adoption of technology, especially in improving businesses processes and lifestyle as well as optimum use of resources.

Source and more:
Access Bank, Microsoft harp on improved banking practices http://www.sanwomi.com/2018/10/access-bank-microsoft-harp-on-improved_7.html

Capital market operators have faulted government’s level of financial involvement in the provision of critical infrastructure, urging them to focus more on the formulation and implementation of policies that will impact positively on the lives of the people.

The operators, who gave the advice during the 22nd yearly conference of the Chartered Institute of Stockbrokers (CIS), in Lagos, at the weekend, argued that balanced approach would help to boost production in the country and generate more employment for the rising youth population.

Specifically, the Chief Executive Officer, Cowry Asset Management Limited, John Chukwu, said the need for government to show less involvement in the financing of key infrastructure, as well as allow the private sector to mobilise capital to fund these key infrastructure has become imperative.

“Government should concern itself in policy formulation and implementation of programmes that will transform the living standard of the people. There is still abject poverty in the country, as parents cannot afford to send their children to school and have quality education.

“In fact, there is lack of manpower in the education sector and government should find a way of boosting the sector,” he said.

The Chairman, Association of Stockbroking Houses of Nigeria (ASHON), Chief Patrick Ezeagu, pointed out that “government has no business being in business.”

“The provision of infrastructure is key, but the financing should be driven by the private sector. There should be Public Private Partnership, PPP in this key infrastructure so that government can pay more attention to the provision of enabling environment that will strive investment and production.

Source and more:
Operators fault government’s infrastructure financing involvement http://www.sanwomi.com/2018/10/operators-fault-governments.html

Bankers in the country have expressed their readiness to enforce the law against the abuse of naira notes by setting up mobile courts to punish violators of the currency.

They said this during a press briefing after the Bankers’ Committee meeting in Lagos on Thursday.

The bankers said they also resolved at the meeting that the discretionary bank reserves built up over time should be channelled towards agriculture and the manufacturing sectors in an impactful manner.

By this, they explained that local food sufficiency would be enhanced and pressure on the country’s foreign reserves would be reduced.

Speaking further on the currency abuse, the Director, Corporate Communications Department, Central Bank of Nigeria, Mr Isaac Okorafor, said that anyone found squeezing, hawking, spraying or trampling on naira notes at any ceremony would be arrested and tried at the mobile courts.

Source and more:
Naira abuse: CBN to try offenders in mobile court http://www.sanwomi.com/2018/10/naira-abuse-cbn-to-try-offenders-in.html

The World Bank has cut its economic growth forecast for Nigeria and other sub-Saharan Africa countries for this year to 2.7 per cent from an earlier forecast of 3.1 per cent.

The bank said on Wednesday that the cut was mainly because of slower-than-expected growth in the continent’s bigger economies, according to Reuters.

It said the slower pace of the recovery in sub-Saharan Africa was explained by the sluggish expansion in the region’s three largest economies − Nigeria, Angola and South Africa.

The region, which had posted a fairly fast average growth rate in the years leading up to 2015, suffered a loss of momentum in economic output after commodity prices crashed in 2015-16.


Source and more:
World Bank cuts Nigeria, others’ growth forecast to 2.7% http://www.sanwomi.com/2018/10/world-bank-cuts-nigeria-others-growth.html


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A number of Wasserman’s agents photographed at the agency’s L.A. headquarters, including 2018 ‘Most Powerful’ inclusions Joel Wolfe, Thad Foucher, Adam Katz, Doug Hendrickson and Darren Matsubara.WASSERMAN

The sports agency business is booming as ever-increasing media rights deals continue to pour profits into professional sports leagues, raising salaries and making seven-figure athlete contracts the norm. The firms featured in Forbes’ 2018 ranking of the World’s Most Valuable Sports Agencies have negotiated a collective $45.7 billion in current professional athlete contracts, netting more than $2.35 billion in commissions, an increase of almost 10% over last year.

Leading the way for the sixth consecutive year is Los Angeles based Creative Artists Agency (CAA), whose $9.3 billion in contracts under management is more than double its next closest competitor. With a $900 million uptick in deals over the last year, the agency now stands to earn $348 million in commissions from its clients- a $30 million increase from 2017. Perhaps more impressively is the rise of CAA’s individual practice areas: the agency’s football ($4.1 billion), basketball ($2.3 billion) and hockey ($1.9 billion) divisions rank No. 1, and its baseball ($1 billion) division ranks No. 3. CAA’s football division by itself would be the fifth most valuable agency in the world.


Source and more:
The World's Most Valuable Sports Agencies 2018 http://www.sanwomi.com/2018/09/the-world-most-valuable-sports-agencies.html

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that weak economic fundamentals currently being shown by the economy were putting the country’s exit from recession under threat.

The Nigerian economy exited recession in 2017 after suffering contraction for five consecutive quarters.

Addressing journalists shortly after the two-day meeting of the MPC members held at the headquarters of the apex bank, the CBN Governor, Mr Godwin Emefiele, said the economy had started showing signs of weakness.

For instance, he said the committee was concerned that there was a fresh threat of recession as the economy recorded growth rate of 1.95 per cent and 1.5 per cent during the first and the second quarters of this year, respectively.

He noted that the slowdown emanated from the oil sector, with strong linkages to employment and growth.


Source and more:
ICYMI: Economy may slip back into recession, CBN warns http://www.sanwomi.com/2018/09/icymi-economy-may-slip-back-into.html

Any ways visit http://www.sanwomi.com to make money offline and online in Nigeria.

Instagram said co-founders Kevin Systrom and Mike Krieger have resigned as chief executive officer and chief technical officer of the photo-sharing app owned by Facebook Inc, giving a scant explanation for the move.

The departures at Facebook’s fastest-growing revenue generator come just months after the exit of Jan Koum, co-founder of Facebook-owned messaging app, WhatsApp, media reports on Tuesday.

These exits leave the social network without the developers behind two of its biggest services.

They also come at a time when Facebook’s core platform is under fire for how it safeguards customer data, as it defends against political efforts to spread false information.

Younger users increasingly are preferring alternative ways to stay in touch with family and friends. Concerns over Facebook’s business sparked the biggest one-day wipeout in U.S. stock market history in July.

Systrom wrote in a blog post on Monday that he and Krieger planned to take time off and explore “our curiosity and creativity again”.


Source and more:
Instagram co-founders resign in latest Facebook executive exit http://www.sanwomi.com/2018/09/instagram-co-founders-resign-in-latest.html

The National Association of Nigerian Traders on Monday stormed the Economic Community of West African States’ secretariat located in Abuja to protest the alleged closure of shops belonging to Nigerians in Ghana.

The protest, which began at about 9:30am, partially paralysed activities at the ECOWAS Secretariat.

The protesters marched through the streets of Yakubu Gowon Way in Asokoro, a development that led to traffic gridlock in the area.

The protesters carried placards with various inscriptions such as: ‘We need ECOWAS intervention’, ‘Ghana, re-open Nigeria’s shops now’, ‘ECOWAS, the situation in Ghana is totally unacceptable’, and ‘Ghana wants AfCTA secretariat but clamps down on African traders’, among others.

Speaking during the protest, the President, NANT, Ken Ukaoha, said that the association was protesting the alleged victimisation of Nigerian businessmen in Ghana.

He stated that the development had got so bad that a law was recently passed by the Ghanaian parliament seeking to make the business environment hostile to foreign investors.

Ukaoha said since Ghana was a signatory to the ECOWAS protocol on free movement of goods and services, there was a need for the commission to caution the government of Ghana.

Source and more:
Traders seek ECOWAS intervention as Ghana shuts 400 Nigerian businesses http://www.sanwomi.com/2018/09/traders-seek-ecowas-intervention-as.html

The statistics are a bit dire: 20 per cent of small businesses do not make it past their first year — and fully half will close their doors before their five-year anniversary. Nonetheless, eager entrepreneurs regularly take the plunge in order to follow their dreams of owning their own business. If you are thinking about blazing your own path, despite the odds, you are not alone.

How can you protect yourself from excess enthusiasm and disappointment? Before you leap into a new business venture, consider these five questions:

Are you looking to create a job for yourself or do you want to grow a scalable company?

Many new entrepreneurs end up creating a job for themselves, but not a company that can operate without them in a key position. That is okay, but if it is not your long-term goal, you need to have a clear vision of how you will scale your business before you begin. Otherwise, you risk finding yourself working hard and taking on more than you should, without either the funding or the people you need to succeed. If you want to work less down the road, you will need to focus on creating a business that can operate with or without you, rather than a so-called “lifestyle” enterprise.

Who are the players you want on your team?

In real estate, the crucial factor in price is “Location, location, location!” In the small business world, the equivalent is “Talent, talent, talent!” Having great talent around you is the key to success. Keep your standards high and be meticulous in choosing those you choose to scale the company with; it is important to note that the skills required starting a company and getting it to N20m in annual sales, and the skills required to scale a company from N20m to N100m, are very different. You might get lucky and find people who have both sets of skills, who can stretch with the demands of a larger business, but more likely if you want to keep your original team, you will need to invest in them. For example, the Chief Executive Officer at Power Digital Marketing, Grayson Lafrenz, created a free 14-week MBA programme for all employees interested in growing their general business and marketing skill set to solve this problem internally rather than have to reach outside the company for experts to expand the company.

To attract good talent, consider giving your people equity as part of their compensation packages. A good rule of thumb is to set aside 15-20 per cent of your total equity for your key players. These are the people — regardless of title or hierarchy — whom you can’t afford to lose. You need their talent, and you need to offer something attractive to keep them on board and invested in your vision.

Read more:
Questions to ask before starting a business http://www.sanwomi.com/2018/09/questions-to-ask-before-starting.html

Foreign portfolio investors have pulled out billions of naira out of the Nigerian stock market in recent months amid bearish sentiments, primarily due to the approaching elections.

According to the latest data from the Nigerian Stock Exchange, a total of N435.41bn was withdrawn from the market from January to July this year, compared to an outflow of N236.32bn in the same period in 2017.

The total value of equities listed on the NSE has taken a beating, closing at N11.88tn on Friday, as against a peak of N16.154tn on January 19.

The market capitalisation rose from N13.617tn at the start of the year as a result of greater impetus from the recovery in global oil prices, increased domestic reserves, greater foreign exchange market stability and declining inflation.

“Once there is any cause to fear, portfolio investors sell out their shares and they come back when the environment is better; all of these create a lot of volatility in the market and may be one of the reasons why we do not have a lot of initial public offerings in the country,” the Associate Director, Capital Markets, PwC Nigeria, Alice Tomdio, told our correspondent.

She said more focus ought to be placed on encouraging the participation of domestic investors in the capital market.

According to her, the current ratio of foreign investors to domestic investors is still quite healthy as foreign portfolio investors participate primarily in the secondary markets.

Read more:
2019 polls: Foreign investors withdraw N435.41bn from stock market http://www.sanwomi.com/2018/09/2019-polls-foreign-investors-withdraw.html

The Executive Chairman, FIRS, Tunde Fowler, stated this on Friday when he received the new Minister of Finance, Hajia Zainab Ahmed, during her spot visit to the Revenue House in Abuja, according to a statement made available to our correspondent on Sunday.

Fowler told the minister that the initiative had pooled about N12.66bn into the government coffers.

He stated, “The FIRS wrote to all commercial banks in May 2018 requesting for a list of companies, partnerships, and enterprises with banking turnover of N1bn and above. This activity is aimed at ascertaining those companies that are compliant with the tax laws and those that are not compliant. So far, the non-compliant organisations have paid about N12.66bn

“The FIRS will continue to implement initiatives that will drive compliance and generate revenue by continuous taxpayer enlightenment; implementation of the Auto VAT Collect in other sectors of the economy; simplification of the tax processes, especially for small taxpayers; strengthening collaboration with other agencies such as the Corporate Affairs Commission, states’ boards of internal revenue; Ministry of Industry, Trade and Investment; and the Nigeria Customs Service.”

The minister commended the agency for raising the non-oil revenue, saying, “The Ministry of Finance will continue to work collaboratively with the FIRS to support all the efforts that you are making. And as much as possible, we should interface frequently.


Read more:
FIRS collects N13bn from billionaire tax defaulters http://www.sanwomi.com/2018/09/firs-collects-n13bn-from-billionaire.html

According to Rianka Dorsainvil, an entrepreneur and financial planning expert, here are five money management tips for millennials to help them align their careers with their life purpose and realise their dreams.

Spend less than you earn

It sounds so simple, but many people do not do this. If you find you are accruing credit card debt, that means you are living beyond your means, and you need to cut back on your expenses. A little bit goes a long way; any amount you can save each month will quickly add up.

Make yourself a budget

Do not be afraid of the “B” word. Understanding and knowing where your money is going is extremely important. Be disciplined around cash flow. Every dollar should be assigned a job and tracked as to where it is going. Once you keep track of your money for three months, you will be amazed to see where your money goes.

Learn about compounding interest

Compounding interest is your best friend. You get interest on the interest received from previous years, which is perfect for young people who are investing for the long haul. Start investing now. That way, should you decide you want a second act in life pursuing some new passion or business idea; you will have a nest egg to fall back and won’t be afraid to take that leap.

Always invest in a retirement account

You may have competing goals right now, like paying off student loan debt, saving for the purchase for a home, or getting married. But saving money should be a priority. Find it within your budget to take advantage of what your company offers in terms of a retirement account. We all should be investing to the maximum of the matching funds provided by our employers.


Source and more:
Managing your money towards realising your dreams http://www.sanwomi.com/2018/09/managing-your-money-towards-realising.html


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Increase in crude oil price, as well as domestic oil production, raised the nation’s revenues from oil, which made the three tiers of government to share N2tn in the second quarter of this year, the Nigerian Extractive Industry Transparency Initiative has said.

The Director, Communications and Advocacy, NEITI, Dr Ogbonnaya Orji, said in a statement made available to our correspondent on Monday that the disclosure was contained in agency’s Quarterly Review.

According to the statement, the federal, state and local governments shared N3.95tn from the Federation Account in the first six months of the year.

Featuring data sourced from the National Bureau of Statistics, the statement also showed that within the first half of the year, Osun State received N10.24bn from the Federation Account, while its account was debited with N14.52bn.

This means that the total deductions from the state’s account was N4.28bn more than it received from the Federation Account. States accounts are debited due to local and foreign debts they have contracted.


Source and more:
FG, states, LGs share N2tn in three months http://www.sanwomi.com/2018/09/fg-states-lgs-share-n2tn-in-three-months.html



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The Federal Government has released N9bn for the construction of 550 low-cost houses in Zuba, a suburb of the Federal Capital Territory, in the pilot phase.

According to the Federal Housing Authority, the low-cost houses, which shall be replicated in the all state capitals across the country, will be specifically for low income earners.

The Managing Director/Chief Executive Officer, FHA, Prof Mohammed Al-Amin, disclosed this in Abuja after inspecting the ongoing construction work at the site of the pilot project in Zuba.

He said, “This project started 14 weeks ago. It is a mixture of one, two and three-bedroom houses and flats. A total of 550 houses are to be produced there. In every site is a direct stage of construction and we are expecting to invest N9bn in the project. Already, we have this money in our account.


Source and more:
FG releases N9bn for the construction of 550 low-cost houses http://www.sanwomi.com/2018/09/fg-releases-n9bn-for-construction-of.html

Nearly five years after the nation’s power sector was privatised, core investors in the electricity distribution companies say they have been unable to recoup their investment in the acquired assets.

The Discos said it was not true that new investors were waiting to buy stakes in the power distribution assets, describing calls for the core investors in the power firms to invest more as irrational.

The Chief Executive Officer, Association of Nigerian Electricity Distributors, an umbrella body for the Discos, Mr Azu Obiaya, told our correspondent in an interview that most of the core investors would be happy to sell off the assets they acquired in November 2013.

He said, “You may recall that at an investors’ press briefing, the chairman of Aura Energy, the investors in Jos Disco, indicated that he was prepared to sell Jos Disco at a discount, given the current environment.

“And I think that you can essentially project that sentiment for all of the Disco investors; that indeed the environment that would have made their investment worthwhile is not there. So, to the extent that it is not there, most of the Disco investors would happily sell the assets to any interested parties to get back their money.

Source and more:
Discos - Investors not willing to buy stake in power assets http://www.sanwomi.com/2018/09/discos-investors-not-willing-to-buy.html

Nearly five years after the nation’s power sector was privatised, core investors in the electricity distribution companies say they have been unable to recoup their investment in the acquired assets.

The Discos said it was not true that new investors were waiting to buy stakes in the power distribution assets, describing calls for the core investors in the power firms to invest more as irrational.

The Chief Executive Officer, Association of Nigerian Electricity Distributors, an umbrella body for the Discos, Mr Azu Obiaya, told our correspondent in an interview that most of the core investors would be happy to sell off the assets they acquired in November 2013.

He said, “You may recall that at an investors’ press briefing, the chairman of Aura Energy, the investors in Jos Disco, indicated that he was prepared to sell Jos Disco at a discount, given the current environment.

“And I think that you can essentially project that sentiment for all of the Disco investors; that indeed the environment that would have made their investment worthwhile is not there. So, to the extent that it is not there, most of the Disco investors would happily sell the assets to any interested parties to get back their money.

Source and more:
Discos - Investors not willing to buy stake in power assets http://www.sanwomi.com/2018/09/discos-investors-not-willing-to-buy.html

The Corporate Affairs Commission says it is working towards the deployment of effective Information Technology application to ensure the registration of business names within a period of four to six hours.

The Acting Registrar-General of the commission, Azuka Azinge, dropped the hint in Abuja at the annual conference of the Nigerian Bar Association.

The move is part of efforts aimed at addressing some of the bottlenecks usually encountered during the registration of business names.

Azinge said the commission understood the challenges usually encountered in the registration of companies, adding that the management of the CAC was working towards deploying a more robust application to drastically improve the situation.

She also hinted of plans by the commission to deploy application that would ensure self-generation of certificates.


Source and more:
CAC TO START REGISTERING BUSINESSES WITHIN 6 HOURS http://www.sanwomi.com/2018/09/cac-to-start-registering-businesses.html

They is a lot of controversies on how the church earnings should. Some people believe that all should go to the pastor, some believe that part should go to the pastor others for church maintenance, charity and payment of church workers.  Many pastors has been accused of embezzlement of church funds while others have been accused of buying luxury such as private jet, luxury car etc.

Also a question has not been answered for a long time if pastors should have a separate job from the church work or is it compulsory for the pastor to earn from the church.

Source and more:
How Should A Church Earning Be Shared. http://www.sanwomi.com/2018/09/how-should-church-earning-be-shared.html


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Sartudays are always filled with event because that is the only day some individuals have free time unlike Sundays where people go for church service or asalatu.
People go to resort centers, club, events, concerts etc on sartudays.
We take you through the things you can do sartudays aside from your normal regular daily jobs.

1 Wait and Get pictures: You can snap people at events such as weddings, naming ceremony and also at resort centers then print the picture for them before the leave.

2 Sell snacks and drinks: You can also sell drinks with good quality and snacks for guest refreshments.

3 DJ:  Recently people don't really focus on DJ skills if it is not a club. Without learning how do DJ you can just play continuous songs for people or download DJ mix only then play it at events.

4 Make smoothies and Shawarma: When going to resort center people don't really like to buy what they eat regularly at home. That why selling smoothies and Shawarma highly demanded at resort centers.

5 Fitness training: You can volunteer to have open fitness centre to train people on sartudays only since people would be busy other days.

Source and more:
Things you can do on sartudays for extra income. http://www.sanwomi.com/2018/09/things-you-can-do-on-sartudays-for.html

The Hybrid Rice Seedling Factory built by the Cross River State Government at the cost of N3bn is estimated to generate at least N14bn annually.

The factory, which was unveiled in May by President Muhammadu Buhari, is sited in Calabar, the capital of Cross River State.

Conducting journalists round the facility on Thursday, the state Commissioner of Agriculture, Prof. Anthony Eneji, said the product from factory is expected to meet the hybrid seed demands of farmers in the entire south-south and south-east regions.

Eneji said the factory was built at a cost of over N3bn in terms of planning, design, construction and equipping.

He said an estimated N1.2bn would be generated monthly from about 1, 000 hectares of land, which conservatively is put at about N14bn annually.

Eneji said, “If we get eight tonnes per hectare from each of 1, 000 hectares, each harvest within three weeks or a month will yield a return of N1.2bn.

“If one tone of hybrid rice is sold at N150, 000, then you can use your calculator and do the arithmetic you will know we are talking in billion of naira.”


Source and more:
Cross River rice seedling factory to generate N14bn annually http://www.sanwomi.com/2018/08/cross-river-rice-seedling-factory-to.html

When a writer treats a particular topic and makes you fall in love with it, he or she deserves to be saluted as a great one. That is why despite the fact that Tomi Balogun is a young writer, she has produced what is close to a great book in Investment Clubs: How to Create Wealth Beyond your Pay-Cheque by Investing with others.

In the 173-page book, Balogun is so passionate in her exposition on investment clubs that even anyone learning about it for the first time will not hesitate to join one. And for those who might have been aspiring to be part of it or to establish one, here is a major opportunity to better appreciate its essence and potential. For the author not only puts the advantages in perspective, she also vividly and systematically establishes the process for establishing one.

In some 44 chapters coming in three parts, Balogun explains what it takes to start an investment club, managing teething challenges and success that may come. Some of the initial topics areGetting Started with Personal Flows, Why should Anyone Invest, What if I have a Limited Budget? And What it Means to be an Average Investor.

On Page 40, Balogun describes an investment club as a group of people who consolidate funds to invest in deals and business opportunities as an entity.

“It offers members a great opportunity to share risks and rewards in a way that contributes to the growth of common wealth in society. An investment club offers everyone a win-win solution,” she adds.


Source and more:
All you need to know about investment clubs http://www.sanwomi.com/2018/08/all-you-need-to-know-about-investment.html

California recently took over UK as the fifth largest economy in the world. We take look at what makes California a state in USA so great and what other African states and Nigerian states can copy from it.

1 It is a U.S. state in the Pacific Region of the United States. With 39.5 million residents, California is the most populous state in the United States and the third largest by area.

2 Los Angeles is california's most populous city and the country’s second most populous after New York city.

3 The spoken are English 58.1%, Spanish 28.8%, Chinese 3.0%, Tagalog 2.2% while other languages contributes to the remaining 7.9%.

4 It's $2.8 trillion economy is larger than that of any other state. If it were a country, California would be the 5th largest economy in the world (larger than the UK or France), and the 36th most populous as of 2017.

5 The Greater Los Angeles Area and the San Francisco Bay Area are the nation's second- and third-largest urban economies ($1.2 trillion and $821 billion respectively as of 2016), after the New York City metropolitan area.

6 The Greater Los Angeles Area and the San Francisco Bay Area are the nation's second- and third-largest urban economies ($1.2 trillion and $821 billion respectively as of 2016), after the New York City metropolitan area.

Source and more:
WHAT YOU SHOULD KNOW ABOUT CALIFORNIA THE RICHEST STATE BY GDP IN THE WORLD. http://www.sanwomi.com/2018/08/blog-post.html


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California recently took over UK as the fifth largest economy in the world. We take look at what makes California a state in USA so great and what other African states and Nigerian states can copy from it.

1 It is a U.S. state in the Pacific Region of the United States. With 39.5 million residents, California is the most populous state in the United States and the third largest by area.

2 Los Angeles is california's most populous city and the country’s second most populous after New York city.

3 The spoken are English 58.1%, Spanish 28.8%, Chinese 3.0%, Tagalog 2.2% while other languages contributes to the remaining 7.9%.

4 It's $2.8 trillion economy is larger than that of any other state. If it were a country, California would be the 5th largest economy in the world (larger than the UK or France), and the 36th most populous as of 2017.

5 The Greater Los Angeles Area and the San Francisco Bay Area are the nation's second- and third-largest urban economies ($1.2 trillion and $821 billion respectively as of 2016), after the New York City metropolitan area.

6 The Greater Los Angeles Area and the San Francisco Bay Area are the nation's second- and third-largest urban economies ($1.2 trillion and $821 billion respectively as of 2016), after the New York City metropolitan area.

Source and more:
WHAT YOU SHOULD KNOW ABOUT CALIFORNIA THE RICHEST STATE BY GDP IN THE WORLD. http://www.sanwomi.com/2018/08/blog-post.html


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George Clooney may not have helmed a hit in years, but his wallet hasn’t noticed. Thanks to the up to $1 billion purchase of his Casamigos Tequila, Clooney scored a career high pretax paycheck of $239 million between June 1, 2017 and June 1, 2018.

The 57-year-old tops Forbes’ annual ranking of highest-paid actors, which tallies both onscreen and extracurricular earnings in our 12-month scoring frame. Last June, British liquor conglomerate Diageo announced it would purchase Casamigos for $700 million up front with the potential for an extra $300 million over the next decade. For Clooney, that meant an estimated $233 million pretax from Casamigos, plus additional earnings from endorsements and older movies.

“If you asked us four years ago if we had a billion-dollar company, I don’t think we would have said yes,” Clooney told CNBC when the deal was announced.

Casamigos was founded in 2013 by Clooney, nightlife entrepreneur Rande Gerber and real estate tycoon Mike Meldman. According to a source close to the business, the trio invested $600,000 apiece and owned equal stakes in the company prior to the acquisition.

Clooney’s tequila cash edges Dwayne ‘The Rock” Johnson, who banked $124 million pretax to rank No. 2 on the highest-paid actors list. He tallied the largest ever acting take-home from front-of-camera roles in Celebrity 100 history, thanks to giant upfront paychecks and a cut of profits on blockbusters including Jumanji: Welcome to the Jungle. A huge social following allows him to negotiate an extra seven figures atop his standard contract for promotion, helping nearly double his 2017 earnings.

Read more:
The World's Highest-Paid Actors 2018: George Clooney Tops List With $239 Million
http://www.sanwomi.com/2018/08/the-world-highest-paid-actors-2018.html

Investors in the nation’s equities market on Thursday recorded N198bn increase in their holdings at the close of trading on the floor of the Nigerian Stock Exchange.

A total of 11 gainers emerged, while 25 stocks declined.

A total of 220.710 million shares worth N2.531bn exchanged hands in 3,287 deals.

The top five performers were Wapic Insurance Plc, Veritas Kapital Assurance Plc, Dangote Cement Plc, Dangote Flour Plc, and Oando Plc, which recorded respective gains of 8.82 per cent, 7.69 per cent, 6.98 per cent, 6.49 per cent and 5.26 per cent, respectively.

The worst performers were Livestock Feeds Plc, Red Star Express Plc and Jaiz Bank Plc, which dropped by 9.84 per cent, 9.65 per cent and 9.43 per cent, respectively.

Source and more:
Investors gain N198bn as 11 stocks appreciate http://www.sanwomi.com/2018/08/investors-gain-n198bn-as-11-stocks.html

Food is an essential part of human life, people would surely demand for food. We take through the low cost business you can do in Nigeria.

1 Eatery:
Eatery business is a common business in Nigeria but it's only the packaging that differentiate them.

2 Distribution of Raw Foods:
Buying raw foods from one part of the country and selling it in another is also a good business.
Most buy raw food like beans, pepper, rice etc. From Northern part of the country then sell it in the southern part of the country.

3 Bakery:
Bakery business is also a cheap business to do. It is also common among middle income earners.

4 Rearing of Animals:
Rearing of animals such as goat, chicken, ram, snail, Turkey etc. Is also a business that require low capital.

5 Making packaged snacks:
Making snacks such as plantain cheaps, Chin chin  etc. Is also a low cost business that it's products could be sold anywhere in the country.

Read more:
Top low cost food startup business. http://www.sanwomi.com/2018/08/top-low-cost-food-startup-business.html