Vanguard Money Digest

How small businesses can adopt modern strategies, survive Nigerian market

How small businesses can adopt modern strategies, survive Nigerian market

In today's fast-paced business world, technology is changing the game for many businesses, and this is especially true for how businesses market and sell their products. Adapting to these changes is no longer a choice; it's a must for business survival and those who don't keep up are in danger of falling behind.
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CBN liquidity buffer for banks rises 124% to N1.7trn

CBN liquidity buffer for banks rises 124% to N1.7trn

…as turnover in I&E window soars156% to $4.31bn external reserves inches up By Elizabeth Amihore The Central Bank of Nigeria, CBN, Standing Lending Facility (SLF) has stepped up scour for deposit banks in Nigeria with increase in month-on-month (MoM) lending. The banks’ recourse to the apex lending window rose by 124 percent in August amidst […]

Challenges to starting a business you must avoid

Challenges to starting a business you must avoid

For both experienced entrepreneurs and the novices, the fresh starters, it is always both mixture of good feelings and butterflies in the tommy venturing out into a new business. There are always some uncertainties while the excitement of making progress wells up the mind. In this edition of Personal Finance, we look into some of […]

LOW PURCHASING POWER: How startups can grow sales under customer resistance – Esene  

LOW PURCHASING POWER: How startups can grow sales under customer resistance – Esene  

Edward Esene is a business startup coach and an innovation consultant with accomplishments in Nigeria’s startup space; among them, a certified management trainer and consultant at pan Atlantic University-Enterprise Development Center; the lead consultant and co-founder of PlusIncubation Hub, a leading tech hub and co-working space in Lagos; Co-facilitated the success of many notable projects including the Google Digital Skills for Africa, the Federal Government YouWin project, the Boost with Facebook, The SMEDAN Youth/SME Empowerment Scheme, The Entrepreneurship Development Programme of the German Agency for International Cooperation (GIZ), The Daystar Business Academy.

Benefits and limitations of investment ratios

Benefits and limitations of investment ratios

One of the tools that stockbrokers deploy to ascertain the financial health of a company before executing client’s  purchase or sale order is investment ratio. There  are many investment ratios, depending on the objective of the user.  This is a risk aversion strategy. Securities dealers cannot conduct proper analysis without the application of these tools called financial ratios. The ratios are contained in the company’s financial statement which comprises basic information that appeal to diverse users for different reasons. Users of financial statement are the company’s management, government and its agencies, banks and other financial institutions, customers, competitors, investment analysts and employees.

Big task for Tinubu on entrepreneurship and startups

Big task for Tinubu on entrepreneurship and startups

Nigerian entrepreneurship has the potential to stimulate economic growth and generate job opportunities. Over 90% of businesses in Nigeria are in the category of Micro, Small and Medium Enterprises (MSMEs).