Forget it: What you DON’T need to establish a business (1)

by Okechukwu Nnodim It is important to state some of the things which are not mandatory before establishing a business. Management experts, human resources consultants and renowned economists interviewed by this correspondent say that there are some things that can be ignored when you want to start a business. Below are a few: •Academic qualifications... Read More

Business, enterpreneurship, Success

October 24, 2012

TICKER: Japanese man pays $780K for virginity of 20-year-old Brazil woman

A Brazilian student is set to sell her virginity for a staggering $780,000 after she put it up for auction online. A man called Natsu, from Japan, fended off strong competition from American bidders Jack Miller and Jack Right, and a big-spender from India, Rudra Chatterjee, to secure a date with 20-year-old Catarina Migliorini. The... Read More

auction, Business, virginity

October 18, 2012

Don’t “go for it”! 8 things that will f*** up your business

by Howard Turner Forgive the cuss words and the United-Kingdom references, this piece from the SabotageTimes.com might change your life. Or not. You You will be the main thing that fucks up your business, because until you get partners, then you are totally responsible for the decisions that will ultimately determine success or failure. No... Read More

Business, competition, government, Staff, twat

October 4, 2012

Opinion: How best to kill your brand

by Nnadozie Egeonu Customer will always want to know what is in for him; what extra benefits can he derive from patronizing you; why should he go for you instead of others? Consulting for small and medium sized businesses is such an awesome experience, quite touching too when you find a lot of young and... Read More

analysis, atm, Branding, Business, customer, market, marketing

September 26, 2012

Opinion: Live your passion and increase your success

by Ramone Smith This is the legacy I will leave for myself, my family and my community. Don’t dismiss the idea that perhaps the universe has been trying to tell you that you need to go into business for yourself. I say this with some trepidation, but it very well could be true. I am... Read More

Business, life, Passion, plan, research, Success, Work

September 17, 2012

Opinion: Africa is a dawning success; so why do outsiders think only of poverty and deprivation?

by Jonathan Berman “There are children starving in Africa. Eat your peas.” Surely I am not the only person whose first impressions of Africa were shaped along these lines. Whether it was your mother excoriating you about wasting food or an advertisement for Oxfam showing malnourished babies, the earliest impression of Africa many of us have... Read More

africa, Business, growth, investment, Jonathan Berman, Media, war

September 15, 2012

Dele Momodu: “Extreme loyalty”, hatred of politics and 8 other lessons you should learn from Mike Adenuga

by Dele Momodu Fellow Nigerians, please permit me to celebrate the life of one of the most distinguished Africans in global business today. The story of Dr Mike Adenuga is one that fascinates me because of its twists and turns. Since 1991, when I first encountered this spirit, as I like to describe him, he... Read More

Business, Dele Momodu, GCON, IBB, mike adenuga, national honour, pendulum

August 11, 2012

Opinion: How to be an Africa expert and leave no cliche unsaid

by Duncan Clarke Thinking Africa is complicated, requiring years of trawling through thousands of books on economics, history, social science, anthropology and politics. No mean task, but one luckily simplified lately by numerous self-styled “Africa experts”, political spin artists, sound-bite junkies, arriviste journos, think-tankers, policy wonks, random bankers, distant academics, market honchos, corporate suits, public... Read More

africa, Business, cliche, economy, expert

July 24, 2012

#ThisShouldMakeYouCry: Zambia heightens visa requirements for Nigerian visitors

by Isi Esene Private and business travellers hoping to obtain visas at the point of entry into Zambia are in for a surprise. This is because the Zambian authorities have included Nigerian citizens among citizens of other countries who have to apply for visas at Zambian missions abroad. This new directive, however, exempts individuals visiting... Read More

Business, diplomacy, nigeria, visa, visit, Zambia

July 20, 2012

$492m: Microsoft reports first public loss in history

by Adeniyi Abdul Microsoft Corporation (NASDAQ:MSFT) has its first loss in its 26 years as a public firm. The company had warned 2 weeks earlier that it was taking a $6.2bn (£3.9bn) charge because its 2007 purchase of an online ad service. The service, aQuantive has apparently not yielded the returns envisioned by management. This... Read More

Business, microsoft, Stock market, technology

July 17, 2012

#ThisShouldConcernYou: Training programme for young people in business with Bankole Williams and Lanre Olusola

Award Winning Author of Engaged to a Job I Hate, Bankole Williams, is organising a training programme for young business men and women in partnership with widely acclaimed Life Coach and Change Catalyst, Lanre Olusola. The event which is tagged IT – The Psychology for Business Success is an intensive coaching session with Bankole Williams... Read More

bankole williams, Business, Lanre Olusola, training

July 12, 2012

Hauwa Adbullahi-Booth: Life’s defining moments (30 Days, 30 Voices)

“My father once again beat me silly. He said to me ‘You are a Booth and we are strong confident people who face whatever situation we find ourselves in squarely.” I am one of the most complex yet simple people that I know; lazy but driven hard worker, confused yet focused. I know…it doesn’t make... Read More

Business, defining moments, hauwa abdullahi-booth

July 6, 2012

Harvard Business Review: Stop controlling your ideas, open them up

by Nilofer Merchant There are two ways of holding an idea. One is with a closed fist, and one is with an open palm. When you hold an idea in a closed fist, you control it. It is yours. And no one else can access it. Ideas held tightly — as if in a fist... Read More

Business, idea, Nilofer Merchant, openness

July 3, 2012

Opinion: Our Mealy Mouthed Approach to Corruption… the Georgian Example

by Funke Aboyade, olufunke.aboyade@thisdaylive.com I wasn’t surprised at the avalanche of emails and SMS I received following last week’s column (Presidential Nuisance…). My plan was to publish some of those reactions but upon receiving and reading the article (reproduced below) sent to me by a friend, I decided it was too good not to share with... Read More

Business, corruption, georgia, good governance, nigeria, police, tackling

June 21, 2012

Scratch my back and I’ll scratch yours: Brazillian president to lead trade delegation to Nigeria

by Tolu Orekoya The presidential meeting between Goodluck Jonathan and Brazilian president, Dilma Rousseff bore tentative fruit as Rousseff agreed to visit Nigeria before the year runs out. In the meeting held on Wednesday June 20, Rousseff noted that as the 6th largest economy in the world (they recently overtook the United Kingdom to claim that title), Brazil has... Read More

brazil, Business, Dilma Rousseff, Economics, nigeria, rio+20, trade

May 31, 2012

Ugodre Talks Figures: It’s official – GTB was the profitable bank for 2011

One of the benefits of the uniform reporting system for Nigerian banks is that it is now easier to compare the performance of one bank against another in numerous ways. I know its 5 months into the financial year which some may consider late for figuring out which bank was the most profitable. However, as... Read More

Business, GTB Bank, Ugodre

May 22, 2012

Ugodre Talks Figures: 7 Wonders of doing business in Nigeria

You need not open a bank account – I know this may sound absurd, but most Nigerian businesses have thrived for decades without passing through a regular bank account. According to a recent report FDI’s into Nigeria is expected to top $23b per year over the next five years. The Federal Government has also... Read More

Business, foriegn investors, nigeria, Taxes

May 17, 2012

How about some Indian money? US$1,000 to be won in INDIAFRICA Initiative creative contest – Click for Details

The IndiAfrica train will berth in Nigeria on May 24 at the University of Lagos in a day-long session of entrepreneurial seminars and musical show featuring Indian band, Parikrama. India is reaching out to Africa in a groundbreaking initiative to foster a People-to-People (P2P) understanding with Africa. The P2P initiative invites creative exchange... Read More

Business, design and culture, INDIAFRICA, the Young Visionaries Fellowship programme

May 16, 2012

Wale Adetula: Naija Weddings- 10 naked truths

What is really going on? Are women being bought as wives these days or maybe this is just tradition? And what happens when there’s a divorce? So the date is set. The invitations, sent. The venue, booked. Aso Ebi – imported plus Ankara and houdine for engagement. MC and DJ – check, better still, we’ll get a... Read More

Aso Ebi, Business, wedding

May 11, 2012

North loses N25 billion daily due to Boko Haram

by Lekan Olanrewaju Chairman of the Conference of Northern States Chambers of Commerce, Industry, Mines and Agriculture has stated that the Northern region of Nigeria loses about N25 billion daily to the activities of Boko Haram. Alhaji Ahmad Rabiu, who is also the president of the Kano Chamber of Commerce, while speaking in Abuja, stated that business activities which... Read More

boko haram, Business, north

April 30, 2012

Elnathan John: How to run a one-man business

by Elnathan John You are the type of person our President loves. Every well meaning capitalist government loves an entrepreneur. You are the future of the middle class. You are a business owner. While your lazy classmates (if you even entered a class) hustled with CV’s in brown envelopes for government salaries, you built a... Read More

Business, garri, jonathan, service

April 26, 2012

Ugodre talks Figures: Is this the time to buy Transcorp Shares?

The company to the best of my knowledge has probably never declared dividends. In the hey days of President Obasanjo, the government announced a grand plan to support the setting up of an indigenous Nigerian company which will attract global and local capital, using it to invest in world class businesses in Nigeria and Africa.... Read More

Business, Transcorp, Ugodre

April 17, 2012

Ready, girls? Susan Peters, Adaora Ukoh & Goldie sign up for the Business Women’s Workshop

by Joy Isi-Bewaji Women with small businesses are about to experience a much-needed boost as celebrities give their full support to the upcoming Business Women’s Workshop. The Business Women’s Workshop is a great avenue to meet with fellow women striving to take their businesses to the next level. It affords participants the chance to network... Read More

Business, networking, women

April 16, 2012

Oludare Afolabi: “Me and My Oga” in the two-man business

Anyway, I plan to do well at SKS Consulting today, so the boss won’t ask me those heart-breaking questions when he sees my expenses list for the day… Hi, I am Edwin Babatunde Alexander, the second guy in my boss’s one-man business, or “two-man business” like I call it. What do I do? Hmm…I do... Read More

Business, opinion

April 10, 2012

Ugodre Talks Figures: Can you apply Biggie’s ‘Ten Crack Commandments’ to your business?

by Ugodre The Notorious B.I.G (Biggie) is by far one of the most revered hip hop artists of all time. With just two studio albums released before his death, he has had immense influence on the rap culture, that has lasted long after his passing. His rhyming style, grandiose disposition and superb lyrical prowess remain a reference point to... Read More

Business, nigeria, notorious big

April 2, 2012

Young & Nigerian: Aisha Maina talks about her business, unemployment and becoming president

Aisha Maina by Chi Ibe What is the full scope of services in Aquarian Consult? Aquarian Consult is a business development consultancy firm. We partner with businesses to add value and help the businesses grow. Our services include but are not limited to: business planning, strategy formulation, HR consultancy, recruitment and training. How did you... Read More

aisha maina, Business, consultancy, HR, president

April 1, 2012

Ugodre Talks Figures: How to avoid taxes in Nigeria

by Ugodre You know what they say; tax is the only constant thing in life along with rain. The Nigerian tax law provides several means by which one can avoid paying tax. This is not to be confused with tax evasion, which is considered illegal in Nigeria. Tax evasion refers to a deliberate act on... Read More

asset, Business, capital, export, Forex, investment, Tax

March 25, 2012

No electricity, bad road? I’ll take a Porsche with that! Luxury brands target Nigeria’s wealthy elite

by Seyi Lawal By 2020, Nigeria’s commercial capital Lagos, along with four other of Africa’s largest cities, will each have consumer spending of $25 billion or more. That’s comparable to spending in India’s business hub of Mumbai, according to a McKinsey & Co. report. According to the Associated Press, the reason for this is that... Read More

Business, Luxury brands, Porsche

February 29, 2012

From Lagos to Kano! 10 of the most powerful young Nigerians in business? See who made #ThePowerList

by Hauwa Gambo This is one of the hard lists – not least because when it comes to business, there are many across our nation working in their little corners who might not have caught our attention. Still, with months of asking questions, digging in and digging deep, we were able to find young businessmen... Read More

#ThePowerList, Business, Under 35