₦airaland Forum

No fewer than 7.8 million small businesses under the Association of Small Business Owners of Nigeria have died within the last two years, according to information exclusively obtained by The PUNCH.
The President, ASBON, Femi Egbesola, disclosed this to The PUNCH...READ ABOUT IT ⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/03/7-8-million-smes-die-in-two-years-asbon/

Cake Baking a delicious cake is a wonderful way to delight your taste buds and impress your loved ones. While an oven is the traditional tool for baking, not everyone has access to one. Fear not! You can still achieve scrumptious results by utilizing alternative methods to bake a cake right in the comfort of your home... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/03/top-5-how-to-bake-cake-at-home-without-an-oven/

The Asset Management Corporation of Nigeria has said it recovered N1.6tn from bad debtors in 10 years of its existence.
This was disclosed in a statement signed by the Head of Corporate Communications Department, AMCON, Mr Jude Nwauzor, on Tuesday titled, ‘AMCON, NIFU indispensable agencies in the revival of Nigeria’s #financialsystem – Hon. Justice Tsoho...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/02/amcon-recovers-n1-6tn-in-10-years-md/

The Africa Leadership Group has called on the Federal Government to adopt a phased approach to alleviate immediate hardships faced by citizens.

In a statement, it said this was necessary in response to Nigeria’s recent petroleum subsidy removal.

Emphasising the well-being of Nigerians, ALG advocated for measures that addressed fundamental issues arising from subsidy removal...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/02/review-petrol-subsidy-removal-alg-tells-fg/

#Business, Starting and running a business is no easy feat, and success doesn’t come guaranteed. Many aspiring entrepreneurs embark on this journey with high hopes, but unfortunately, not all ventures thrive. Understanding the potential signs of business failure can help #entrepreneurs take timely corrective measures or even avoid launching a doomed enterprise altogether...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/02/10-telltale-signs-that-indicate-business-unsuccessfulness/

School business start-up in Nigeria is a rewarding venture that contributes significantly to the country’s educational development. However, it requires adherence to specific government guidelines and requirements to ensure compliance and the provision of quality education. This article aims to shed light on the essential steps and regulations aspiring educators must follow to establish a school in Nigeria...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/31/school-ultimate-7-government-guidelines-and-requirements-to-start-a-school-in-nigeria/

#Job, Have you been asking yourself lately, “Should I quit my job?” Well, quitting a job is a big decision that you shouldn’t take lightly, but it’s not completely off the table. It’s crucial to gather all the facts before making such an important choice that will impact your future significantly. Take some time to think carefully before making any decisions, and if you do decide to quit, make sure to do it the right way...READ FURTHER ⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/30/top-5-is-it-advisable-to-resign-from-my-job-identifying-signs-and-factors-to-consider/

ECOWAS, In a significant move to address the recent political turmoil in Niger following the coup d’état, #AsiwajuBola #AhmedTinubu, a prominent Nigerian politician and leader, is set to convene a special meeting within the Economic Community of West African States (#ECOWAS)...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/30/tinubu-to-hold-ecowas-special-meeting-on-niger-coup-a-step-towards-regional-stability/

President Vladimir Putin of Russia says his country will offer preferential loans to enable African companies to buy industrial goods from the European country and enjoy after-sales services. He said his government was devising a leasing mechanism tailored for Africa, and that the Russian Agency for Export Credit and Investment Insurance would provide insurance for the planned preferential loans...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/29/russia-plans-special-loans-for-nigerian-companies-others/

Breaking #Gender Stereotypes
#Tradition, In a continent known for its diverse cultures and rich traditions, one school stands out as a bastion of unique sartorial customs. Located in a remote village in Africa, this institution has chosen to uphold its heritage by adopting a dress code that includes skirts for all students, regardless of gender. The reasons behind its continuation, and the cultural significance it holds for the school and its community...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/27/embracing-tradition-the-unique-school-in-africa-that-wears-skirts/

Transactions on the equities sector of the Nigerian Exchange Limited (#NGX) continued on a downturn, yesterday, as selloff in Nigerian Breweries, Cadbury and others dragged market capitalisation by N111 billion...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/28/selloff-in-nb-37-other-stocks-drags-capitalisation-by-n111-billion/

The Nigerian Communications Commission (#NCC) said #ArtificialIntelligence (#AI) and Machine Learning (#ML) have the potential to revolutionise industries.
The Executive Vice Chairman of NCC, Prof. Umar Danbatta, made the remark during two-day 2023 ICTEL Expo organised by Lagos Chamber of Commerce and Industry (LCCI) in Lagos...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/28/ncc-asks-industries-to-leverage-ai-machine-learning-for-growth/

#Civilservants, The Nigerian civil service has long been regarded as the backbone of the nation, responsible for implementing #government policies, delivering essential services, and ensuring the smooth functioning of various public institutions. However, recent reports of civil servants holding fake employment letters have raised serious concerns about the integrity and credibility of the system. This article explores the implications of this alarming trend... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/27/civil-servants-with-fake-employment-letters-a-looming-threat-to-government-integrity/

Consumer goods manufacturing firm, Cadbury Nigeria Plc, has reported a 721 per cent loss, amounting to N14.5bn in the first half of 2023, compared to the same period in 2022.
This was revealed in the Un-audited Interim Financial Information for the half year ended June 30, 2023 of the manufacturer, as filed on the Nigerian Exchange Limited on Wednesday...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/27/cadbury-posts-n14-5bn-loss-in-h1-2023/

The Central Bank of Nigeria, #CBN, yesterday raised its benchmark interest rate, the #MonetaryPolicyRate, #MPR, again, to 18.75 per cent in a bid to curb inflation.
Meanwhile, the CBN has assured that it will continue to intervene in the #foreignexchange, forex market to ensure stable exchange rate, adding that the ongoing volatility in the official market, though expected... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/26/cbn-intensifies-anti-inflation-effort-raises-mpr-to-18-75/

Puff-Puff is a popular and delightful Nigerian snack that has won the hearts of people all over the world. These deep-fried, soft, and fluffy balls of goodness are a must-try for anyone who appreciates the wonders of African cuisine. If you’re ready to embark on a culinary adventure, follow this step-by-step guide on how to make delicious puff-puff in the comfort of your own kitchen... READ ABOUT IT ⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/26/how-to-make-delicious-puff-puff-a-step-by-step-guide/

THE average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas), dropped by 6.71 per cent on a month-on-month, MoM basis to N4, 068.26 in June 2023, from N4, 360.69 in May 2023.

Also, on a year-on-year, YoY basis, it dropped by 3.56 per cent from N4, 218.38 in June 2022...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/26/cooking-gas-price-drops-6-71-to-n4-068-26-nbs/

The #CentralBankofNigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira notes while issuing new currencies.

This announcement was made by the acting governor of the apex bank, Folashodun Shonubi, during the Monetary Policy Committee meeting held at the CBN headquarters in Abuja on Tuesday...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/26/gradual-phasing-out-of-old-naira-notes-continues-cbn/

#TodayinHistory

1990 Americans with Disabilities Act (#ADA) of 1990 is signed into law
The law banned discrimination based on disability...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/26/important-events-from-today-in-history-26-july/

Electronic transfer levies have generated N80.86bn for the three tiers of government in the first six months of 2023.
This is according to data obtained from the Federation Account Allocation Committee communique for January to June 2023. It also followed a surge in electronic transfers that had been recorded in the country, in recent times...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/25/govt-earns-n80-86bn-from-electronic-transfer-fee/

#Businesstycoon John dumelu, In the ever-changing landscape of global business, certain individuals rise to prominence due to their exceptional vision, dedication, and entrepreneurship. One such luminary is John Domelu, a remarkable business tycoon who has carved a niche for himself in the egg industry. His inspiring journey from humble beginnings to becoming a leading figure in the egg business serves as a shining example of determination and innovation...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/23/john-domelu-a-visionary-business-tycoon-in-the-egg-industry/

The unification of the country’s exchange rate has significantly increased the revenue from exchange difference, according to the recent communique from the Federation Account Allocation Committee.
According to the communique, Exchange Difference revenue was N320.89bn in June 2023...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/22/exchange-rate-unification-adds-n321bn-to-govt-revenue-faac-2/

The Federal Government has approved 19 fund managers to manage the finances provided by oil and gas companies for their various Host Communities’ Development Trust. HCDTs are trust funds by international and domestic oil and gas companies which are meant for the development of communities where oil and gas operations take place. The Federal Government gave the approval for the fund managers through the Nigerian Upstream and Downstream Petroleum Regulatory...READ ABOUT IT⬇️⬇️⬇️
#fg #finances #fundsmanagement

https://entrepreneurng.com/2023/07/22/fg-approves-19-managers-for-host-communities-fund/

#Love has a way of surprising us, taking unexpected turns that challenge our perceptions and beliefs. In a world where authenticity and honesty are valued, one man’s story serves as a testament to the complexities of relationships. In a remarkable turn of events, a man canceled his wedding after discovering that his beloved was born a man... READ
ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/21/a-tale-of-love-and-identity-the-man-who-canceled-his-wedding/

#Deworm, Intestinal parasites, or worms, can be a health concern affecting millions of people worldwide. These parasites can cause a range of symptoms, including abdominal pain, diarrhea, weight loss, and fatigue. While medical treatment is often necessary to eliminate these parasites, certain foods can play a supportive role in the deworming process...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/21/four-foods-that-can-help-you-deworm-naturally/

Gentile and Giovanni Bellini created the oil painting St. Mark Preaching in Alexandria in 1504-07, which is housed in Milan’s Pinacoteca di Brera.
The piece is a massive canvas (#telero) that will be shown in Venice’s Scuola Grande di San Marco. Its 26 m in surface offers a wealth of iconographic and narrative elements...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/20/religious-painting-gentile-bellinis-st-mark-preaching-in-alexandria/

First batch of petrol, 27 million litres imported by an independent marketer has arrived in the country, putting an end to a downstream monopoly market once enjoyed by the Nigerian National Petroleum Company Limited.

The vessel, ST Nnene earlier billed to arrive since last week, but was held down off Lome waters due to adverse weather, birthed at Ijegun-Egba on Wednesday following the official end to subsidies by President Bola Tinubu on May 29...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/20/nnpcl-monopoly-ends-as-marketers-fuel-vessel-arrives/

Major Marketers Association of Nigeria, MOMAN, has urged the government to create a favourable framework for the implementation of renewable energy projects, as well as encourage research in clean energy technology.

The Chairman MOMAN, Mr. Olumide Adeosun, who stated this in a media parley in Lagos, also urged government to provide incentives to operators in the sector...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/20/oil-marketers-task-govt-on-regulatory-framework-for-renewable-energy/

The automobile industry in Nigeria generates about 10 million tyres annually which are used by vehicles across the country, the Federal Government said on Tuesday.

It, however, stated that the sector lacked environmentally friendly management traceability data on how these tyres were managed after being used and disposed...READ ABOUT IT ⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/19/automobile-industry-produces-10-million-tyres-annually-fg/

Challenges and Mitigation Strategies

#Anthrax, a potentially lethal bacterial infection caused by Bacillus anthracis, has long been a concern for public health officials around the world. Despite significant efforts to mitigate the risks associated with this disease, recent developments have brought attention to a potential high-risk factor: FG (Future Generation)...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/19/anthrax-disease-the-high-risk-posed-by-fg/

The success and expansion of any business are dependent on being able to obtain adequate funding in today’s dynamic business environment.

Explore the various options for business funding if you run a business or are thinking about starting one in #Nigeria... READ ABOUT IT ⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/18/empowering-your-business-funding-in-nigeria/

Nigeria reported its first anthrax outbreak on Monday, July 17, just a few weeks after the federal government warned Nigerians not to eat hides (ponmo), smoked meat, or bush meat.

This was contained in a statement signed by Dr Ernest Umakhihe, Permanent Secretary, Federal Ministry of Agriculture and Rural Development, with the subject ‘CONFIRMATION OF FIRST ANTHRAX CASE IN NIGERIA’...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/18/anthrax-in-nigeria-all-you-need-to-know-about-the-disease/