So you tried everything and asked everyone, but nobody offered you a loan? Well, do not despair; others have started businesses in similar circumstances. Starting a business without outside funding is known as bootstrapping. In bootstrapping, the entrepreneur uses his or her personal savings, overdraft, or bond on their home. Most well- known successful business entrepreneurs like Bill Gates (Microsoft), Michael Dell (Dell computers), and Richard Branson adopted a combination of personal bootstrapping plans to start- off their businesses. To obtain maximum result, you need to use a combination of bootstrapping options to leverage every opportunity instead of focusing on one option.

Economic experts have predicted that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will further raise the Monetary Policy Rate (MPR), in order to address rising inflation in the country. Some of them however opined that the Committee should adjust the foreign exchange policy to allow for efficiency in the foreign exchange market.

We maintained our contribution to the development of the agriculture value chain in Nigeria as parts of our focus on sustainable sourcing of raw materials. For instance, in 2015, 47.4 per cent of our raw materials were sourced locally. Hopefully by 2018 we should be able to achieve a benchmark of 60 per cent and Heineken, our parent company has a commitment that by 2020 we should be able to attain 99 per cent local sourcing of raw materials.

The Nigeria Football Federation, NFF has made available a declaration made by Hon. Justice M.H. Kufrya of the Jos High Court clarifying the position of his court on the case brought before it by a controversial stakeholder, Chris Giwa claiming to have been ordered to take over leadership of the football house. According to the […]

Amidst the massive declines in cash-flow of the various tiers of government due to dwindling oil revenue, there were indications that the Senate may block state governments from accessing the USD4.25 billion earmarked by the World Bank for states’ development.

Lai Mohammed, Information Minister, NATION, May 17, 2016, p 6. In the report by Yusuf Alli, Yomi Odunuga and Vincent Ikuomola, all senior editorial staff of the paper, the Minister also pointed out that “Government is not about popularity. There are times in life you have to take a very hard decision and this decision is for the long term and benefit of everybody.” Fortunately or unfortunately, the three journalists were with the paper in January 1, 2012 when Jonathan’s government increased the price of fuel from N97 per litre to N141 – an increase of 45.3 per cent. Each of them should be able to recollect what he wrote in response to that announcement. Lai Mohammed, then the National Publicity Secretary for the Action Congress of Nigeria, ACN, also should go and find out what he said in 2012.

The victorious Nigeria U-20 squad to Saturday’s 2017 Africa U-20 Cup of Nations qualifying match against Burundi in Bujumbura will return to the country today, aboard an Ethiopian Airline flight from Addis Ababa.

RENOWNED Virologist and President of the Nigeria Academy of Science, Professor Oyewale Tomori, has said the discovery of a strain of Zika virus circulating in Brazil and other parts of the Americas in the Cape Verde area of Africa, should worry Nigeria.

The Economic and Financial Crimes Commission, EFCC, has launched a probe into the over N100 billion worth of pension assets being managed by First Guarantee Pension Limited, with a view to preventing undue stripping.

By Esther Onyegbula , Suzan Edeh & Faith Ake A 35-year-old man, Monday Enogwor from Edo State has been arrested by the police for defiling his sister-in-law’s seven-year-old daughter (name withheld) who lives with them in Ajegunle area of Lagos. It was learned that after the victim’s aunt left the house last week Tuesday, the […]