Business

NGO trains over 20,000 undergraduates on plastic pollution

By Peter Egwuatu   U-Recycle Initiative Africa, a youth-led Non-Governmental Organisation, NGO, has trained over twenty thousand youths across four federal universities in Nigeria through the second edition of its flagship multi-year initiative for universities, called PlasticWize 2.0. The NGO is advancing environmental education, circular economy solutions, and climate action across Africa. Through PlasticWize 2.0, themed, “Redefining […]
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Tinubu, Stockbrokers’ Pain Points and Market Reform

The appointment of Mr Olawale Edun, a seasoned stockbroker and consummate banker with strong background in economics, as the Minister of Finance and Coordinating Minister of Economy can be described as a metaphor for turning around the Nigerian dwindling economy under the Administration of President Bola Tinubu.

How to create, execute profitable business ideas – Dr Adewakun

Dr. Olubukola Adewakun, a human capacity development expert, a Goldman Sachs Scholar, with a Certificate in Entrepreneurial Management from the Enterprise Development Center (EDC) of the Pan Atlantic University, Lagos and an accreditation as a management consultant by the Center for Management Development (CMD), Lagos.

How to make claim on motor insurance

The Nigerian insurance industry has continued to see the need to put insurance education at the front burner of its consideration in recent times.

How small businesses can respond to challenging economy

How small businesses can respond to challenging economy As we approach the end of the third quarter, it is evident that businesses in Nigeria have continued to experience tough times. Faced with soaring costs and volatile exchange rates many businesses are struggling to stay afloat.In spite of this, Small and Medium Enterprises (SMEs) have the opportunity to […]

CBN liquidity buffer for banks rises 124% to N1.7trn

…as turnover in I&E window soars156% to $4.31bn external reserves inches up By Elizabeth Amihore The Central Bank of Nigeria, CBN, Standing Lending Facility (SLF) has stepped up scour for deposit banks in Nigeria with increase in month-on-month (MoM) lending. The banks’ recourse to the apex lending window rose by 124 percent in August amidst […]

Challenges to starting a business you must avoid

For both experienced entrepreneurs and the novices, the fresh starters, it is always both mixture of good feelings and butterflies in the tommy venturing out into a new business. There are always some uncertainties while the excitement of making progress wells up the mind. In this edition of Personal Finance, we look into some of […]

WACT hits three million man-hours without lost time injury 

APM Terminals’ West Africa Container Terminal (WACT), Onne, Rivers State, over the weekend recorded a significant safety milestone by achieving three million man-hours without Lost Time Injury (LTI) in its ongoing Phase Two terminal upgrade and expansion.

Maritime stakeholders back unbundling of transport ministry

FOLLOWING the hints of moves by the Federal Government to restructure the Ministry of Transport, maritime stakeholders have said an unbundled Ministry will not only enhance the growth of the industry, it will also improve the implementation of directives and policies.

Why Buhari didn’t assent three maritime Bills

DESPITE completing the legislative process of three major maritime bills by members of the National Assembly, former President Mohammadu Buhari could not assent the bills before leaving office because they arrived at his table after he left office.

Apapa Customs rejigs operations, improves performance

Apapa Command of the Nigeria Customs Service, collected a total of N502.99 billion in revenue between January and July 2023, in addition to recording 16 seizures with a combined Duty Paid Value of N1.4 billion.

LOW PURCHASING POWER: How startups can grow sales under customer resistance – Esene  

Edward Esene is a business startup coach and an innovation consultant with accomplishments in Nigeria’s startup space; among them, a certified management trainer and consultant at pan Atlantic University-Enterprise Development Center; the lead consultant and co-founder of PlusIncubation Hub, a leading tech hub and co-working space in Lagos; Co-facilitated the success of many notable projects including the Google Digital Skills for Africa, the Federal Government YouWin project, the Boost with Facebook, The SMEDAN Youth/SME Empowerment Scheme, The Entrepreneurship Development Programme of the German Agency for International Cooperation (GIZ), The Daystar Business Academy.

Benefits and limitations of investment ratios

One of the tools that stockbrokers deploy to ascertain the financial health of a company before executing client’s  purchase or sale order is investment ratio. There  are many investment ratios, depending on the objective of the user.  This is a risk aversion strategy. Securities dealers cannot conduct proper analysis without the application of these tools called financial ratios. The ratios are contained in the company’s financial statement which comprises basic information that appeal to diverse users for different reasons. Users of financial statement are the company’s management, government and its agencies, banks and other financial institutions, customers, competitors, investment analysts and employees.

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