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Tag Archives: Business Gist


Dangote Backs Adeosun, Says No To IMF Loan.

Aliko Dangote, Africa’s richest man, is in support of Kemi Adeosun’s stance that Nigeria should not consider obtaining a loan from the International Monetary Fund (IMF). Speaking at the IMF spring meeting in April 2016, Adeosun had desribed Nigeria as ...

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unity bank

Unity Bank sacks 215 workers, immediately after the Sallah break

Most of those sacked were branch managers and senior staff. A source, said: “There were no signs that such action was contemplated before we proceeded on the Salah break.   But we came in this morning (yesterday) strategising on how to ...

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Many Seemingly Rich Nigerians Are Bankrupt – Emir Sanusi

sanusilamidosanusi: I am Chairman of a company called Black Rhino. By the way, I don’t have a kobo in that company, but I am a Chairman. This short man who owns black stone said to us: “Gentlemen, here is $5 billion ...

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business to invest in nigeria

What Can Nigeria Do Today To Turn Around This Economic Mess Within 5 Years?

what can Nigeria do today, I mean start right now, that will produce sufficient dividend to turn around this economic mess within 5 years? I see nothing, do you? ……….Ezekwe Gregg, You ask a very valid question that should actually ...

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demolition notice

Business Owner Cries Out After Getting A 24-hour Demolition Notice

chloescupcakeheaven: So in the wake of the demolition of @nulijuice and other small business trying to make a difference in our economy, we got this marked on our wall today with a lot of officials and soldiers in tow. This ...

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$309Million Flows Into Nigeria’s Forex Market In One Trading Day

The Nigerian foreign exchange market recorded an inflow of $309 million on Monday — a considerable surge from Friday’s transactions. Bola Onadele, head of market regulator, FMDQ OTC securities exchange,told Reuters that the trade included one $270 million transaction at ...

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Nigeria Flag

Top 5 Reasons Why Nigerians Don’t Patronize Made In Nigeria Products

There as been recent calls by the Government and concerned Nigerians calling on Nigerians to Buy Goods made in Nigeria so as to make the Naira Stronger.The fact still remains that Nigerians prefer to buy Foreign goods instead of Nigerian ...

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CBN blocks money transfers into Nigeria from almost all the International Money Transfer Operators

CBN, in a statement by its Acting Director, Corporate Communications, Isaac Okoroafor, has advised Nigerians at home and in the Diaspora to beware of the unwholesome activities of some unlicensed International Money Transfer Operators in the country. It said that ...

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home business

Check Out Top 6 Top Tips For Business Start Ups

Keep The Cash Flowing Cash flow is mega important and could be the single most problem for small and developing businesses. Insufficient cash flow is the top reason behind small businesses failures. Constantly be sure there’s enough profit the lender ...

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Dmitry Orlov interviewed on the Keiser Report


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