10 Things Bad Bosses Say

Managers' words carry enormous weight with the people they manage -- and the wrong words can destroy employee morale and motivation. Yet bad managers go on saying the wrong things repeatedly.

CBN wants banks to build workers capacity

The Central Bank of Nigeria (CBN) on Saturday said it would introduce  reforms which would ensure that banks adhere strictly to competence in their operations.

7 Reasons Why You Need a Website for Your Small Business

Quite a number of small business owners believe they do not need a website for their business since they conduct their business offline. Some believe they will decide to get a business when the business grows bigger, not realizing this is a wrong notion to have.

MasterCard plans 13 million debit/ID cards for Nigeria

MasterCard Incorporated, the second-biggest United States payment network, is working with the Federal Government to issue 13 million debits cards in Nigeria, which will also act as identity cards, the President, International Markets, MasterCard, Ms. Ann Cairns, has said.

Retirement: Giving yourself a soft landing

Although saving is about the most important aspect of planning for retirement, experts say there are other factors to consider, ADEMOLA ALAWIYE writes.

FG commits N70.2bn euro bond to gas infrastructure

The Federal Government has announced the allocation of N70.2bn ($450m) for the improvement of gas infrastructure across the country.

CBN simplifies collateral requirements for SMEs

The Central Bank of Nigeria has unveiled plans to simplify the collateral requirement for lending to Micro, Small Medium-Scale Enterprises.

40 million Nigerians need employment –SURE-P boss

The Chairman, Subsidy Reinvestment and Empowerment Programme, Mr. Christopher Kolade, has said that about 40 million Nigerians need employment.

World Bank approves $200m for extension of Fadama programme

The World Bank has extended the execution of Fadama III programme in Nigeria from three to four years with the approval of 200 million dollars in June, the South -West Fadama Zonal Coordinator, Mr Rasaq Salau, has said.

CBN to inaugurate N200bn MSME fund Thursday

The Central Bank of Nigeria has said a N200bn Micro Small and Medium Enterprise Fund will be inaugurated on Thursday.

Why Taxes Are Not Properly Collected In Nigeria

Lack of adequate public enlightenment and awareness on the significance of tax payments have been identified as the major problems militating against rapid economic development of the country.

Dangote Makes Case For Private Sector Operators

President of Dangote Group, Aliko Dangote has said that his foray into petrochemical and the industrial sub-sector was part of his own contribution to reducing unemployment in the country, saying if more Nigerians were economically empowered through gainful employment,  poverty would have reduced to a minimal level.

Five indicators You’re Unemployable

Entrepreneurs often joke that they’re unemployable. There’s a lot of truth to that. Yahoo! acquired micro blogging software Tumblr for $1.1 billion this June, and asked founder David Karp to stay on as an employee. Do you think he’ll still be with the company by Labor Day?

Technical-know-how to hunt for Gems And Gold

You don’t have to be a scientist, Indiana Jones, or an heiress to enjoy prized stones.

CBN Withdrawal Of Govt Funds: Banks Raise Interest On Deposits

Deposit money banks are aggressively strategising on how to boost private sector deposit generation, particularly from small savers, following the withdrawal of 50 per cent public sector deposits from the banking system by the Central Bank of Nigeria (CBN) last week.

Starting a business: What entrepreneurs should not bother about

Entrepreneurs face a lot of challenges when starting a business but experts say there are some things that can be ignored, ADEMOLA ALAWIYE writes.

Insurance operators appraise ‘No premium, no cover’ policy

About eight months after the National Insurance Commission banned credit transactions in the insurance industry, operators have been examining the impact of the ‘No premium, no cover’ policy, NIKE POPOOLA writes.

Don’t put all your eggs in one basket

We have all heard the phrase, “Don’t put all your eggs in one basket!” This old maxim describes the concept of asset allocation perfectly. If you put all your savings in one type of investment and that investment fails, you could jeopardise your savings.

UK fines GTBank for inadequate money laundering checks

The United Kingdom-based Financial Conduct Authority has fined the UK subsidiary of the Guaranty Trust Bank over £500,000 for failing to do thorough anti-money laundering checks on its potential clients from high-risk countries.

Protecting Investors Funds Through Prudent Financial Reporting

‘The Financial Reporting Council (FRC) of Nigeria says it is coming hard on public entities who had employed devious accounting methods that present them as healthy establishments. Such firms would no longer be allowed to go to the Nigerian Stock Exchange (NSE) to raise funds as a measure to protect susceptible investors’. CHIKA IZUORA writes.