Sobowale On Business

Dangote Refinery IPO is not for you, by Dele Sobowale

Alhaji Aliko Dangote said he wants millions of Nigerians to share in the wealth which will be generated by the Dangote Refinery by buying at least ten shares priced at N525 each. That amounts to N5250 for each minimum investor. The impression was given that wealth sharing is guaranteed once the investment is made. Even […]
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Nigeria’s food crisis gets worse, FG confused

By Dele Sobowale “Drought: Kogi Govt; farmers seek divine intervention.” “Despite harvest, food prices remain high in Taraba.” “Food crisis may worsen as flood hits 10 states.” “SEMA seeks govt help as drought dry up crops in four states.” “Why grains importation won’t happen soon, by stakeholders.” Like a sudden heavy downpour and thunderstorm, destroying […]

How to improve sales and profits in a depressed economy –3

“Manufacturers Association of Nigeria, MAN, Nigerian Employment Consultative Association of Nigeria, NECA, and other business groups in Nigeria would be best advised to get their members to individually and collectively address the issue of permanent shrinkage of markets and inevitable loss of jobs.”

How to improve sales and profits in a depressed economy-2 

That was the verdict of a Management expert during the late 1960s and early 1970s. He used that declaration to warn managers of businesses to beware of thinking that the strategies, plans, products and corporate mind-sets which led to their success in the past and present will also ensure their sector leadership in the future. One President of S C Johnson Wax, a global leader in air-fresheners, insecticides and other industrial chemicals, in the early 1990s warned his global managers against complacency – which eventually afflicts successful companies or organisations. As American best selling author of the book, THE BRIGHTEST AND THE BEST, David Halberstam said about victorious Generals, “Most Generals are good at fighting the last war.

Labour leaders should quit honorably

When Edo State workers started jubilations over the offer of N70,000 Minimum Wage offered by out-going Governor Obaseki, it was clear that the last nail on the coffin of Organised Labour’s ambitions regarding the matter had been hammered in.

Consequences of a vital promise broken

BY the time your read this article, the Central Bank of Nigeria, CBN, would have increased interest rates for the fourth time since Yemi Cardoso was appointed governor.

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