The continuous depreciation of the Naira value in the country has weakened its function as a store of value and has perpetually begged answers to the question of how do we preserve the value of our labour or earnings expressed in Naira? By naira depreciation, we mean a decline in the purchasing power of money…
Whenever people hear of the word investment, what comes to mind is taking advantage of an opportunity or a system where they can benefit, however In the world of Investment, nothing pays off more than educating oneself in doing all necessary research and analysis before making any investment. The introduction of Investment applications in Nigeria…
Business organizations want satisfying agents in society. They are set up to provide or render services at a profit. As such, entrepreneurs set up businesses, for customers, for the supplier of raw materials, adherence to government regulations, and to provide quality services of such businesses, These categories of people are referred to as stakeholders. Keyholders…
In a declaration released on October 23, Osita Nwasinobi, the director of communications for the Central Bank of Nigeria (CBN), said that the President finally unveiled the Nigerian Central bank digital currency known as the E-naira, This new development “represents a giant step forward in the advancement of money, Hence, CBN is responsible for ensuring…
One of the ways to financial freedom in this contemporary time is to be an entrepreneur. Being an entrepreneur means having a business or business with the hope of making profits. As a business owner, there are benefits you enjoy that a non-business owner might not. Such include; arranging life and work balances, pride of…
HOW TO DEAL WITH BUSINESS FAILURE Failure, is the singular metric that is common to every successful business organization. The enormous success that succeeds their failure has perhaps given another definition to failure. Contrary to common logic, failure is now been considered as part of success, and not the opposite of success. Think of your…
Fintech The adoption of digital technology to finance has increasingly improved financial services delivery to businesses and households. It offers an easy-to-use, reliable and fast payment solution to customers regardless of location. As the world continually gravitates towards a global village, the need for more effective and efficient financial services becomes imperative. Businesses seek to…
The concept of x-as-a-service or y-as-a-service is founded on the need to build scalable models that can accommodate just about any scale of investment. This fast-rising service industry is lending credence to the need for scalability in any business venture. Either your business is inherently scalable or you provide an extra layer over it that…
If you run a business, there are structures you have to put in place at any level you are currently at that will guarantee that you will get to the next level you are aiming for. 4 Tips on running a successful business. Registering your Business Business Account Social Proof Proper Documentation Registering your Business…
One of the primary objectives of any business organization is to maximize profit by increasing, sales volume and minimizing cost. volume, to achieve this, firms should strive to describe their products to answer questions customers have, not as what they make or produce, but as what they do to satisfy consumers. Dufil’s plc is doing…