The Joint Task Force (JTF) in Kano has arrested a man suspected to be the master trainer of Boko Haram female suicide bombers with 16 females who were reportedly being trained for suicide operations. It was gathered that the man identified as Ibrahim Ibrahim, was arrested in Dala Local Government Area of Kano State during a raid by the JTF.
Updated 5 Years ago

Lagos State Governor, Mr. Babatunde Fashola, Monday said all the patients who had tested positive to the Ebola Virus Disease (EVD) and currently undergoing treatment at the Infectious Disease Hospital, Yaba, were in “stable condition”. The governor also explained that while the health status of the victims of the deadly virus had not deteriorated, five of them were “really improving,” adding, “Ebola is not an automatic death sentence.”
Updated 5 Years ago

The federal government ,through two of its key agencies, the Bureau of Public Enterprises (BPE) and Nigerian Electricity Regulatory Commission (NERC), has said it is ready to commence a forensic probe of the extent of financial commitments so far made by the new owners of the various electricity distribution companies in the country. It said the expected forensic probe was in relation with the cumulative $1.8 billion financial commitment which the new owners of the distribution companies had made as part their five years business expansion plans for the networks during the power assets privatisation programme.
Updated 5 Years ago

The naira appreciated slightly by 0.18 per cent against the United States dollar on the interbank market yesterday due to sale of the greenback by Shell to some lenders. The local currency closed at N162.40 to the dollar, firmer than the N162.70 it closed on Friday. Shell's local unit sold an undisclosed amount of dollars to some lenders, boosting dollar liquidity and easing pressure on the local currency, according to Reuters.
Updated 5 Years ago

Nigeria’s total merchandise trade increased by 6.8 per cent to about N5.51 trillion in the first quarter of the year (Q1 2014) compared to about N5.16 trillion recorded in the fourth quarter of 2013, according to the National Bureau of Statistics (NBS). When compared to the corresponding quarter of 2013 (Q1 2013), the value of the total merchandise trade also increased by N406 billion or 8.2 per cent, it added.
Updated 5 Years ago

When done right, rebranding can help your business gain a competitive edge. It not only can keep your brand fresh but it may also help customers better understand your products or services. However, the downsides to rebranding -- time and money -- can be intimidating to many small-business owners and entrepreneurs. Taking time to effectively plan for and implement a rebrand is certainly not a corner any small-business owner wants to cut. But is there a way it can be done without eating up your entire marketing budget? Absolutely. Rebranding doesn’t have to break the bank.
Updated 5 Years ago

Entrepreneurs often have the mentality, "If you build it, they will come." And often they are disappointed. Just because you launch a company, you can't expect clients to be knocking down your door, begging to sign up for your service or buy your product. Building a company and generating revenue takes time. I advise new entrepreneurs that it often takes several months -- if not longer -- to win that critical first client. So imagine my surprise when I received a note from my colleague Melissa Ford Holloway announcing she had four clients and four prospective clients in her first week of being open. How is this possible?
Updated 5 Years ago

As an entrepreneur, you no doubt have dreams of growing your company into something much larger than it is today. But scaling a company also can mean the owner needs to evolve as a leader. In the very early stages of a company, most entrepreneurs wear many hats. For the startups I’ve founded, I’ve written website content, closed deals with customers and managed teams of developers among other things. Like most entrepreneurs, I love wearing lots of hats. But there comes a time when entrepreneurs need to start focusing on the big picture. No matter how good they may be at sales, marketing or engineering, devoting too much time to a single area of the business can prevent executives from gaining the bird’s-eye view needed to lead a company to success.
Updated 5 Years ago

There is a difference between being rich and having wealth. Wealth is the abundance of something in such surplus that no conditions can destroy it. Making a lot of money is one thing, getting rich another. Creating wealth, well, that’s what very few people ever learn. You have heard the expression "get rich quick," but you will never hear "get wealthy quick."
Updated 5 Years ago

Struggling state owned Air Zimbabwe is set to resume international flights just three years after it halted its foreign business due to financialconstraints. “We are at an advanced stage, our technical team is engaging a technical partner who is very keen to service operations with Air Zimbabwe to service the routes to China and London,” said Zimbabwe Transport Minister Obert Mpofu.
Updated 5 Years ago