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Latest News Delta Killings: Youths storm palace, destroy property, attack Hausa communities Paris Club refunds: Bayelsa disowns consultant, dissociates self from NGF on N53.6bn consultancy fee Benue constitutes panel to clear backlog of salaries Nnamdi Kanu’s Bail: Behind-the-scene actors NUC accredits 25 programmes for BUK See yourselves as agents of change, Lagos CP tells police officers Kebbi loses traditional ruler Rivers donates 8 assault boats to Navy Why we revoked Lolo Enugu crown — Organisers •Announce new Lolo Enugu DESOPADEC security funds meant for Delta youths: An Open Letter to Governor Okowa Lagos agog as Bishop Idahosa celebrates 25 years of marriage Nigeria needs $912m to fight malnutrition

 

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How to write a winning branding proposal (2)

How to write a winning branding proposal (2) Of course, you could tailor this section to your needs, but the point is to educate your prospect a little. Let them know that branding comes down to creating a perceived identity for their culture. Let them know that you understand that they are looking for certain types of customers, and...... more

How to write a winning branding proposal (1)

How to write a winning branding proposal (1) So, there you are, getting ready to hit the send button on your proposal. You are almost certain that that your potential client is going to take one look at your proposal and intuitively know that you understand how your branding project will place them on track to become the gold...... more

Do funders care more about your team, your idea, or your passion?

Do funders care more about your team, your idea, or your passion? A new study asked hundreds of Venture Capital to rank the factors that drive their investment decisions. A founding team’s abilities and experience are often more important to VCs than the product itself. In the always complicated courtship between entrepreneurs and venture capitalists, professor Ilya A. Strebulaev may have uncovered the closest thing...... more

What businesses can learn from protests and advocacy

What businesses can learn from protests and advocacy A strong sense of conviction can both encourage and discourage people from speaking out. “If you want to shape people’s behavior, you have to understand how they view the world,” says Professor S. Christian Wheeler. Expressing an opinion these days feels less like a right than an obligation. In addition to...... more

Biggest fears of an entrepreneur and why they shouldn’t stop you from actualising your dream

Biggest fears of an entrepreneur and why they shouldn’t stop you from actualising your dream Setting out as an entrepreneur and making a success out of it is not a task for the faint-hearted. This reality is more pronounced in a peculiar business terrain such as Nigeria. Indeed, most entrepreneurs have the mind-set of an orphan as the pains of failure is borne all alone. This...... more

How technology disruption is good for the economy

How technology disruption is good for the economy An analysis of 85 years’ worth of patents shows that technological innovation boosts total wealth. The “creative disruption” sparked by innovation is even greater than previously thought. Ever since the economist Joseph Schumpeter immortalised the phrase “creative destruction,” most economists have argued that technology innovation creates both winners and losers —...... more

Learning the art of predictions as a tool for business (Part 2)

Learning the art of predictions as a tool for business (Part 2) Possibly the best book I read in 2016. Couldn't have read at a better time as the year nears an end. I could relate with a lot of things as I work as an equity, business and economy analyst trying to do the seemingly impossible thing of forecasting stock prices, the...... more

Learning the art of predictions as tool for business (Part 1)

Learning the art of predictions as tool for business (Part 1) For those of you looking to get a jump on this year, doing a little homework and deeper thinking — apart from just keeping up with the weekly news and white paper flow — may be just the ticket you need. As such, I am taking a break from my regular...... more

What great leaders do in the face of adversity, stress, tragedy

What great leaders do in the face of adversity, stress, tragedy In the face of growing adversity and great economic challenge, entrepreneurs and other leaders need to develop new set of thinking and the thick skin needed to pull through these perilous times, in order to optimise their efficiency and productivity. Here are some of the guidelines on what to focus on:...... more

NGOs as a catalyst for entrepreneurial development and better living conditions •The UNEOIF example

NGOs as a catalyst for entrepreneurial development and better living conditions •The UNEOIF example With a mission to help the less privileged of Okpu-Isingwu and beyond, we believe a little drop of water in the community can grow mighty seeds, funding, supporting, encouraging and empowering our community to be stronger and better, thus set out a community interest organisation, a nongovernmental organisation in the Okpu-Isingwu...... more

Globalisation: scapegoat or scourge?

Globalisation: scapegoat or scourge? Not a day goes by now without a discussion taking place on the pros and cons of globalisation – and lately most of the conversation has centered on the negatives. This has been especially pronounced in the aftermath of the US election and Brexit. And with populist movements on the rise elsewhere...... more

If capitalism can’t bind people, what will? (Part 2)

If capitalism can’t bind people, what will? (Part 2) A near-forgotten document, the Charter of the Forest, also bears mention here. Signed two years after the Magna Carta and later incorporated into it, this charter recognised the traditional rights of commoners to use royal lands and forests. Thus commoners formally enjoyed the rights of pannage (pasture for their pigs), estover...... more

If capitalism can’t bind people, what will? (Part 1)n

If capitalism can’t bind people, what will? (Part 1)n One of the most insidious things about enclosures is how they eradicate the culture of the commons and our memory of it. The old ways of doing things; the social practices that once bound a people together; the cultural traditions that anchored people to a landscape; the ethical norms that provided...... more

Brass Fertiliser and Petrochemical Company to create 20,000 jobs

Brass Fertiliser and Petrochemical Company to create 20,000 jobs Brass Fertiliser & Petrochemical Company Limited (BFPCL) says its $6 billion methanol plant has the capacity to create 20,000 jobs in the host community. The Brass Fertiliser plant is located in Brass Island, Bayelsa State. In a statement, the vice chairman of the company, Mr Ben Okoye, said the project would...... more

Buying a Franchise: When you need to worry about location

Buying a Franchise: When you need to worry about location Let me start off by sharing my view on “location, location, location.” While it is true that securing a great franchise location can be critical to your success, it’s only one of many things that can contribute to your ultimate success as a franchise owner. Most of the people I work with me, who use...... more

Business School Netherlands partners Indomie on Youth Entrepreneurship Scheme

Business School Netherlands partners Indomie on Youth Entrepreneurship Scheme Business School Netherlands (BSN) has announced the imminent commencement of its Youth Entrepreneurship Scheme (YES) with a two-day training for the first batch of 1,000 young people and the backing of popular food brand Indomie. Youth Entrepreneurship Scheme is an empowerment and training programme for young people. BSN targets training of...... more

Franchise and Social Media: Choosing the Best Platform

Franchise and Social Media: Choosing the Best Platform The social media is a power new media tool to reach a greater number of clients and prospective customers and influence their image of your organisation and the products, and patronages. It’s a strong influencer and promoter of businesses and brands, so professional engagement of it will produce an optimum benefit...... more

Franchise: Entitlement as a silent killer of business

Franchise: Entitlement as a silent killer of business Entitlement is a stealthy and dangerous virus that has a widespread and abundant impact in your business. Often it becomes so rampant and normal that multi-unit franchisee owners do not even know there are any entitlement issues going on right in front of them. Let’s start with understanding entitlement. Simply, it is...... more

Franchise: The dos and don’ts of successful transactions

Franchise: The dos and don’ts of successful transactions Encountering a multitude of client types on both the buy and sell sides, there exist several uniform factors that make or break transactions. While the unique circumstances of each deal can vary significantly, a number of common threads can make or break a divestiture or acquisition, a sell or buying transactions....... more

FG investing heavily in social programmes to create jobs for youths, others — Minister

FG investing heavily in social programmes to create jobs for youths, others — Minister The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government’s massive investment in Social Programmes will help accelerate the process of job creation, especially for the youths. Speaking at the Special Edition of the FG’s Town Hall Meeting for Youths in Abuja on Tuesday, the Minister also...... more

STARTING A BUSINESS: Go for a franchise or a new venture?

STARTING A BUSINESS: Go for a franchise or a new venture? Starting a business goes along with a lot of challenges, especially on the level of structure, process and modelling, depending on your personality type you may want to start an already tested, proved and successful business models and processes, but with a defined methods, instructions and guidelines to follow, but this...... more

Cognitive Dissonance (Part 3): The triumph of ideas

Cognitive Dissonance (Part 3): The triumph of ideas One was born in Vienna, the other in New York. Both were firm believers in the power of ideas. For many years, both belonged to a small minority, a sect almost, that existed outside the cocoon of mainstream thought. Together, they tore apart that cocoon, upending the world in a way...... more

Cognitive Dissonance (Part 2): The Power of an Idea

Cognitive Dissonance (Part 2): The Power of an Idea “Keep building your castles in the sky,” a friend quipped a while back after I sent him a couple of my articles. I could understand where he was coming from. After all, what’s the point of crazy new ideas when politicians can’t even manage to balance a budget? That’s when I...... more

Applications open for Entrepreneurship Award 2017 for Africa-based entrepreneurs

Applications open for Entrepreneurship Award 2017 for Africa-based entrepreneurs The Africa Finance & Investment Forum (AFIF) has invited applications for Entrepreneurship Award 2017 for Africa-based entrepreneurs. A statement issued on November 21 in Brussels, Belgium, said that AFIF 2017’s focus is to promote access to finance and strengthen entrepreneurship in Africa. To achieve this, EMRC is launching the annual “AFIF...... more

Obiano announces N10m for major markets in Anambra

Obiano announces N10m for major markets in Anambra The Anambra state governor, Willie Obiano, has announced 10 Million Naira Choose your Project Initiative for the major markets in Anambra state. Governor Obiano declared this during a meeting with leaders and representatives of the Anambra State Market Amalgamated Traders Association, ASMATA, at Professor Dora Akunyili Women Development Center, Awka. The...... more

FG pledges to capture 50 per cent of Nigerians in social security net

FG pledges to capture 50 per cent of Nigerians in social security net The Minister of Labour and Employment, Sen. Chris Ngige, has said that the Federal Government will capture at least 50 per cent of the population in the social security net. A statement from the Deputy Director (Press) in the ministry, Mr Samuel Olowokere, in Abuja on Monday quoted Ngige as saying...... more

Cognitive Dissonance (Part 1)

Cognitive Dissonance (Part 1) In the late summer of 1954, a brilliant young psychologist was reading the newspaper when his eye fell on a strange headline on the back page: PROPHESY FROM PLANET CLARION CALL TO CITY: FLEE THAT FLOOD. IT’LL SWAMP US ON DEC 21, OUTER SPACE TELLS SUBURBANITE. His interest piqued, the psychologist,...... more

Diamond Bank partners EDC to boost Entrepreneurial Capacity in Nigeria

Diamond Bank partners EDC to boost Entrepreneurial Capacity in Nigeria As part of its commitment to building and supporting economic growth and development in the country, Diamond Bank, in partnership with Pan-Atlantic University’s Enterprise Development Centre (EDC), has rolled out series of activities to celebrate the immense contributions of entrepreneurs in driving economic growth and development in the country. The weeklong...... more

Einstein Forum launches search for Africa’s top scientific talent, invites applications from young scientists

Einstein Forum launches search for Africa’s top scientific talent, invites applications from young scientists The Next Einstein Forum (NEF) – Africa’s global forum for science in Africa – today launched its second call for applications for its NEF Fellows Programme. The new class will join 15 of Africa’s top young scientists, the NEF’s first Fellows Class, and will present their research and innovations at the...... more

How to do a Market Anaysis for a Business Plan (Part 2)

How to do a Market Anaysis for a Business Plan (Part 2) Last week we ended the series with the explanation of the bottom up approach, this week therefore we shall be explaining the top down approach. The top down approach consist in starting with a global number and reducing it pro-rata. In our case we would start with the value of UK...... more

 

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