₦airaland Forum

There are strong indications that the Final #Investment Decision, #FID, on Nigeria’s first floating liquefied natural gas, FLNG project would be taken before the end of 2023.

Already, the front-end engineering design, FEED, is ongoing in Lagos, Yokohama and Paris with JGC, Technic and indigenous companies acting as consultants...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/18/final-investment-decision-coming-on-nigerias-5bn-first-floating-lng-project/

(the #eyes), The human body undergoes remarkable changes and growth throughout our lives. From infancy to adolescence and into adulthood, various body parts experience growth and development, allowing us to adapt and thrive in our environment. However, amidst this constant transformation, there exists a mysterious body part that remains unchanged once we are born—the eye. Unlike other organs and structures, the eye maintains its size and shape throughout our lives, serving as an enduring symbol of its intricate design and functionality...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/18/the-eye-the-enigmatic-body-part-that-defies-growth/

#InspiringStory, In a world filled with extraordinary individuals who defy odds and challenge limitations, there are some stories that truly captivate our imagination. Such is the tale of Maria Rodriguez, a woman who has harnessed her unique abilities to accomplish a seemingly impossible feat: cooking with her teeth. Maria’s incredible journey of resilience, adaptability, and determination serves as an inspiration to us all...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/18/the-inspiring-story-of-a-woman-who-cooks-with-her-teeth/

Stakeholders in the oil and gas sector have urged the government of President Bola Tinubu to clarify its plans for gas development and resolve the risks that undermine Nigeria’s economy and energy transition. In a document obtained in Abuja on Friday, which was put together by the Natural Resource Governance Institute on the demands of stakeholders and Civil Society Organisations on the issue, they said Tinubu had vowed to accelerate...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/16/stakeholders-await-tinubus-priority-areas-in-gas-development/

The Nigerian Postal Service has acquired 100 motorbikes and 10 mail vans to reposition and compete better with private operators.

Speaking at the launch of the new acquisitions in Abuja on Friday, the Post-Master General of the Federation and the Chief Executive Officer of #NIPOST, Adeyemi Adepoju, decried the poor state of postal service in the country... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/15/nipost-acquires-100-motorbikes-10-vans/

Mrs. Ibilola Amao is a prominent figure in the oil and gas industry with a wealth of experience and expertise spanning several decades. Born and raised in Nigeria, Mrs. Amao developed a keen interest in the energy sector from a young age. Her passion for the industry led her to pursue a career in the oil and gas field, where she has made significant contributions and achieved remarkable success, as captioned by Entrepreneurng.com...LEARN MORE ABOUT THIS INSPIRING FEMALE ICON BELOW👇👇👇

https://entrepreneurng.com/2023/07/14/breaking-barriers-an-inspiring-journey-of-mrs-ibilola-amao-in-the-oil-sector/

Ripple’s XRP has made a remarkable leap to become the fourth largest #cryptocurrency by market capitalization, following Ripple Labs’ recent legal win against the Securities and Exchange Commission (SEC) on July 13.

XRP’s Market Cap Skyrockets After Legal Victory
Within hours of the court ruling, XRP’s market cap experienced an astounding surge, skyrocketing by $21.2 billion and reaching an all-time high of $46.1 billion...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/14/xrp-on-a-tear-with-a-90-gain-now-the-fourth-most-valuable-crypto-asset/

#TodayinHistory

2016 Terrorist Attack in Nice, France Kills 85 and Injures More than 300 People
A 19-tonne truck was driven into a crowd of people during Bastille Day celebrations. The police eventually shot the attacker.

1965 Mars flyby of Mariner 4
The American spacecraft became the first to take pictures of another planet and send them back to Earth...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/14/important-events-from-today-in-history-14-july/

The Central Bank of #Nigeria (#CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries.
It has also directed that the Investors and Exporters’ (I&E) window foreign exchange rate should be used in determining the #exchangerate for Naira pay-outs...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/13/cbn-directs-banks-to-pay-diaspora-remittances-to-beneficiaries-in-naira/

A new gas pricing template for the power sector and gas-based industries has been developed and currently awaits the approval of President Bola Tinubu, the Nigerian Midstream, and Downstream Petroleum Regulatory Authority announced on Wednesday...READ ABOUT IT ⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/13/power-sector-gas-debt-hits-1bn-says-nga/

Wole Olanipekun & Co, Dr Oba Otudeko’s legal representatives, has asked #FBN Holdings to disregard a petition filed by Ecobank’s lawyers demanding the rejection of 4.7 billion shares purchased by the entrepreneur.
In a letter issued on Wednesday, the law firm dismissed Ecobank’s claims that there was a Supreme Court judgement supporting its position that Otudeko owed it N13.5 billion...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/13/otudeko-writes-fbn-holdings-over-ecobanks-petition/

The rising cost of operations and the subsequent capital flight have become pressing concerns leading to the delisting of quoted companies from the Nigerian stock market. #Shareholders are deeply worried about the uncertainty, multiple taxation, poor infrastructure, and other macro-economic challenges that have created a high cost of doing business. They are urging the government to prioritize the creation of an enabling environment that supports business operations...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/12/shareholders-express-regret-over-the-effects-of-a-challenging-economy-on-publicly-traded-companies/

#AlikoDangote, President of the Pan-African Conglomerate, the Dangote Group, has been named the richest man in Africa for the 12th time, according to Forbes.
This was revealed in a statement issued on Tuesday titled ‘Forbes 2023 Index: Dangote Still Africa’s Richest for 12th Consecutive Year...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/12/forbes-ranks-aliko-dangote-as-richest-man-in-africa/

You might be wondering why saving money every month is important, but it's not some mysterious concept.

Saving money is a practical habit that can have a significant impact on your financial well-being. By setting aside a portion of your income regularly, you create a safety net for unexpected expenses.
Saving money provides a sense of security and peace of mind, knowing that you have resources to fall back on during challenging times. Whether it’s saving for a dream vacation...READ ABOUT IT ⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/10/effective-ways-to-saving-money/

Annual inflation in Egypt hit 36.8 per cent in June, official figures showed on Monday, an all-time high for the country grappling with a punishing economic crisis.
The previous record of 34.2 per cent in July 2017 came, as it does now, following a sharp currency devaluation connected to a bailout loan from the International Monetary Fund...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/10/egypt-inflation-hit-all-time-high-of-36-8-in-june-report/

A report by FITC has revealed that bank customers in Nigeria lost N472m to fraud in the first quarter of 2023. It was also disclosed that there was a total of 12,553 cases of fraud recorded within this period. This was according to the Q1 report obtained by The PUNCH from the website of FITC. FITC’s institutional members are members of the Nigerian Banker’s Committee, which comprises the Central Bank …READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/10/bank-customers-lose-n472m-to-fraudsters-in-three-months-report/

The Federal Trade Commission has stated that it will delist any loan application that harasses customers and has asked Google to remove such apps from its app store permanently.
This was in response to the continued harassment and defamation meted out by these digital lenders to Nigerians... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/10/nigerian-govt-to-shut-online-banks-pestering-debtors/

Nigerians engaged in wholesale and retail trade and repair of motor vehicles and motorcycles paid a total tax of N167.45bn between the first quarter of 2022 and Q1 2023, according to findings by The PUNCH.

The total tax was raised from Value Added Tax and Company Income Tax....READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/10/traders-mechanics-pay-n167bn-decry-multiple-taxation/

According to a report obtained from the Nigeria Civil Aviation Authority (NCAA), the Nigerian aviation industry recorded 11,321 flight delays in 21,295 flights among 36 domestic and international airlines in the first quarter of 2023...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/09/airline-record-53-flight-delays-in-first-quarter-of-2023-as-stakeholders-gives-reasons/

#TodayinHistory

2011 Space Shuttle Atlantis is launched for the last time
It was also the final flight of NASA’s successful 30-year Space Shuttle programme. STS-135, as the program’s final mission was known, was the 135th flight...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/08/important-events-from-today-in-history-8-july/

An outstanding body of work by one of the most significant painters of the 19th century, Paul Cézanne, continues to awe and inspire art lovers everywhere. One particular masterwork among his tremendous corpus of work stands out...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/07/paul-cezannes-chateau-noir-a-masterpiece-of-art-and-architecture/

Use #WordPress is a great tool according to Entrepreneurng.com, when it comes to creating and managing a website, there are numerous platforms available to choose from. However, one platform that has stood the test of time and consistently proven its worth is WordPress...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/06/5-reasons-to-use-wordpress-for-your-website-the-ultimate-choice/

The Central Bank of Nigeria has asked Deposit Money Banks and Other Financial Institutions in the country to increase monitoring of transactions with businesses and persons in and from Cameroon, Croatia and Vietnam...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/07/money-laundering-cbn-places-cameroon-vietnam-croatia-on-watchlist/

There are indications that banks in Nigeria are increasingly relying on the Central Bank of Nigeria, CBN, for liquidity as their borrowings from the apex bank intensifies.
A CBN data obtained by Vanguard shows that within the first half 2023, H1’23, which ended last weekend...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/04/banks-borrowing-from-cbn-intensifies-rises-140-to-n10-35trn/

In the world of #business, various individuals and groups have vested interests in a company’s operations and outcomes. Two terms that are frequently used to describe these individuals are stakeholders and shareholders...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/03/understanding-the-difference-between-stakeholders-and-shareholders/

#Miscarriages, or the loss of a pregnancy before the 20th week, can be a devastating experience for hopeful parents. While it’s important to remember that miscarriages are often beyond anyone’s control, understanding the possible causes can provide insights and help manage expectations...READ ABOUT IT⬇️⬇️⬇️
https://entrepreneurng.com/2023/07/03/understanding-the-five-major-causes-of-miscarriages-insights-for-expectant-parents/

Value Added Tax generated from the construction and real estate sector rose by 124 per cent from N10bn in 2018 to N22.45bn in 2022.

An analysis of the #NationalBureauofStatistics’ quarterly VAT report showed that the sector also generated a total of N70bn within the period under review... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/03/real-estate-sector-paid-n70bn-vat-in-five-years-report/

Investing prudently in a business has long been recognized as a potent and effective tool for #wealthcreation. However, the art of investing goes far beyond merely pouring money into a venture and hoping for the best. It requires a comprehensive understanding of the intricate dynamics of the market...READ ABOUT IT ⬇️⬇️⬇️

https://entrepreneurng.com/2023/05/24/wealth-creation-tool-understanding-the-power-of-investing-in-your-business-as-an-entrepreneur/

The Group Managing Director of Access Holdings, Hebert Wigwe has consolidated his position as the Bank’s majority shareholder with an acquisition of 50 million shares.
The acquisition was contained in a notice of share dealing by an insider to the Nigerian Exchange Limited...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/02/access-bank-gmd-buys-50-million-additional-shares/

Rihanna, the self-made Fenty billionaire and Barbadian singer, has earned $40 million from 1 billion Spotify streams for each of her ten songs, seven years after the release of her last album...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/02/rihanna-rakes-in-40m-sets-record-with-1b-spotify-streams/

Running a business is no easy task. It's like embarking on an adventure where you constantly have to learn, unlearn, and relearn along the way.

The business world is an ever-changing environment, and to stay ahead, you need to embrace new ideas. It’s like being on a roller coaster ride, where you need to be open-minded, ready to adapt and try new approaches...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/07/01/10-essential-money-management-tips-for-small-business-owners/

#TodayinHistory

2002 The International Criminal Court (ICC) is established
It is the first international judicial body with the authority to prosecute people for genocide, crimes against humanity, and war crimes. The Rome Statute, an international treaty signed in the Italian city of Rome in 1998, established it...READ ABOUT IT⬇️⬇️⬇️
https://entrepreneurng.com/2023/07/01/important-events-from-this-day-in-history-1-july/