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... Business Survival in a harsh economic terrain.. You need some wise strategies and ideas to overcome... Be at this BUSINESS SURVIVAL SEMINAR 2016,  Don't be left out...

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CENTAL BANK OF NIGERIA (CBN) INTERVENTION FUNDS AND THE RESURRECTION OF THE BANKERS EQUITY FUND

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  A couple of days ago I was pleasantly surprised by the announcement that the Central Bank of Nigeria  ( CBN ), has released the modalities for the operation of the 26.87 billion Naira Agri-Business Small and Medium Enterprises Investment Scheme (AGSMEIS) which was approved by the Bankers Committee at their meeting held in February this year (2017). They agreed under the persuasion of the CBN to set aside 5% of their Profit after Tax (PAT) annually to create an equity fund with which they will invest in Agri-Businesses and Small and Medium Scale Enterprises (SMEs), including start-ups. So soon 26.87 billion Naira has already been raised and an SPV named Bankers Fund Managers Ltd is up and running, geared to begin investing.     I was excited that the CBN is pushing on all sides to provide investible capital to complement the various intervention development loans it has been pushing to help heal a major disease afflicting Nigeria's small businesses - poo...
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FGN: PERFECTING THE ART OF PURSUING SHADOWS

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There is trouble in the land. Anywhere you look there is consternation. The people of Nigeria are unhappy. Government seems to be failing in its critical responsibilities to the citizens. Many Nigerians had very difficult Christmas and new year celebrations because of a suffocating fuel scarcity. President Muhammadu Buhari (PMB) threatened to find out the so called saboteurs who caused the terrible fuel scarcity that disrupted the peace of most Nigerians over the Christmas / New year celebrations and to punish them severely. He made this threat in his new year address to the Nation on the 1st of January 2018. Firstly, I was not minded to take him seriously as it is common for government officials to manufacture " enemies" to explain away their failures. Sometimes the threats are merely empty threats, just made to give the citizens false comfort as nothing happens thereafter. For example, look at the several threats issued by government after each orgy of violence by maraudin...
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NIGERIA : A FAKE NATION OR A NATION OF FAKES?

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Nigeria is an intriguing nation. A 58- year adult nation that is still crawling like a toddler, while most of its mates are running on sure feet. Many people including political, traditional and religious leaders have expressed their bewilderment with Nigeria's chronic inability to truly rise. Never mind that a tiny minority including some who earn 12 billion Naira as annual dividend will argue differently that Nigeria is rising. Many ordinary folks in Nigeria have raised their hands in desperation as they find themselves daily pushed into poverty despite their best efforts.This is evidenced by the fact that Nigeria the seventh most populous nation with a 'tiny' population of about 198 million People has become the global poverty headquarters,beating India( with a population of over 1.2 billion ) according to the Brookings Institution. Nigeria is said to have  87 million of its citizens in extreme poverty as today and according to Melinda Gates foundation, this number may...
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