Winners of Three Crown Mum of the Year 2019

L-R: Mrs Omolara Banjoko, Marketing Manager, Three Crowns Milk, Mrs. Abigail Oluwasegun (MOTY’19 Winner), Mrs. Kafayat Salami (MOTY’19 Winner), Mrs. Chinwe Okoroafor (MOTY’19 Winner ), Mrs Omotayo Egberongbe, Junior Brand Manager,Three Crowns and Mr Akeem Audu, Brand Manager, Three Crowns at the Grand Finale of Three Crowns Mum Of Year 2019 campaign.

 

Three Crowns Milk, from the stables of FrieslandCampina WAMCO Nigeria PLC last weekend, held the grand finale of Mum of the Year, where 3 mums won an all-expense-paid trip to Dubai and a year’s supply of Three Crowns products. The event which held at D’ Podium Event Centre, Ikeja featured comedian and compere, MC Bash, performances by A-list music artiste Reekado Banks and a panel of judges comprising Nollywood actresses, Adunni Ade, Belinda Effah and Fitness trainer, Bunmi George.

Mum of the year – an annual competition aimed at celebrating and rewarding Nigerian mothers for the important roles they play in their families and the society at large, had 5 finalists who were selected from a large pool of entries sent in from across the country in a bid to compete for the top 3 positions.

Having competed openly in fitness and witty tasks in the presence of the panel of judges, Mrs, Chinwe Okoroafor (Delta State), Mrs. Abigail Oluwasegun (Lagos State) and Mrs. Kafayat Salami (Oyo State) emerged as top 3 winners; while the other finalists, Mrs. Wala May (Abuja) and Mrs. Peju Akinde (Ogun State) emerged as runners up; each, winning consolation prizes of Kitchen makeover and a range of Three Crowns Milk products worth N500,000.

One of the winners, Mrs. Chinwe Okoroafor praised Three Crowns Milk for paying special attention to health and particularly, the role of mothers.

In her words, “With the records which this brand holds, no one can be surprised at its increasing acceptance and patronage by people across all ages and across all areas in Nigeria. My family and I are for Three Crowns any day”; adding, “The transparency of this competition is very inspiring; the experience has been wonderful to me; and this outcome lifts my soul”. She promised to be an exemplary ambassador of Three Crowns Milk.

 

The Marketing Manager, Three Crowns Milk, Omolara Banjoko explained that the aim of the campaign is to reward and celebrate every mum for her support and care, and as the heart of the home. She stressed that the campaign is to ensure mums are well taken care of, having done a lot to care for their families at their own expense.

 

Banjoko further said: “Three Crowns supports families by providing high quality nutrition for mothers and by extension, their families. One of the key things that we have identified is that the foundation of any family is the mother and with them being the foundation, they need to stay fit and healthy which is what Three Crowns truly stands for.”

 

Three Crowns Mum of the Year campaign debuted in 2015 with Olamide Olaleye emerging as winner, followed by Nkechi Brayila who won in 2016; Oluwakemi Longe in 2017; while three mums (Adaobi Okonkwo, Pauline Pambolo and Jennifer OtoGod) were crowned winners in the 2018 edition.

 

About FrieslandCampina WAMCO Nigeria

FrieslandCampina WAMCO Nigeria PLC has been a necessary part of most Nigerian homes since 1954 through its iconic brand Peak Milk. Our Company is a multinational manufacturing company and an affiliate of Royal FrieslandCampina of The Netherlands, one of the largest dairy cooperative in the world. Over the years, FrieslandCampina WAMCO has maintained leadership of the Evaporated milk market with its Peak brand. Guided by an inspiring mission, Nourishing Nigeria with quality dairy nutrition, we are unwavering in the provision of quality nutritious milk products to Nigerians

 

Three Winner Emerge At Three Crowns Mum of The Year Competition

L-R: Mr. Lamidi Adekola, Operations Director, FrieslandCampina WAMCO, Mrs. Abigail Oluwasegun, MOTY’19 Winner, Mrs. Kafayat Salami, MOTY’19 Winner), Mrs .Chinwe Okoroafor, MOTY’19 Winner , Maureen Ifada, Channel Manager, Modern Trade, FrieslandCampina WAMCO and Mr. Ben Langat, Managing Director, Frieslandcampina, WAMCO at the Grand Finale of Three Crowns Mum Of Year 2019 campaign.

 

Three Winner Emerge At Three Crowns Mum of The Year Competition

L-R: Mr. Lamidi Adekola ,Operations Director, FrieslandCampina WAMCO), Mrs. Omolara Banjoko (Marketing Manager, Three Crowns), Hon Funmi Olotu (SSA to Lagos State Governor on Lottery matters), Mrs. Abigail Oluwasegun (MOTY’19 Winner), Mrs. Kafayat Salami (MOTY’19 Winner), Mrs. Chinwe Okoroafor (MOTY’19 Winner), Mr. Ben Langat Managing Director, FrieslandCampina WAMCO and Mr. Chris Wulff-Caesar ,Marketing Director, FrieslandCampina WAMCO ,at the Grand Finale of Three Crowns Mum Of Year 2019 campaign.

 

Three Winner Emerge At Three Crowns Mum of The Year Competition

L-R: Mr. Lamidi Adekola, Operations Director, FrieslandCampina WAMCO, Mrs. Abigail Oluwasegun, MOTY’19 Winner, Mrs. Kafayat Salami, MOTY’19 Winner), Mrs .Chinwe Okoroafor, MOTY’19 Winner , Maureen Ifada, Channel Manager, Modern Trade, FrieslandCampina WAMCO and Mr. Ben Langat, Managing Director, Frieslandcampina, WAMCO at the Grand Finale of Three Crowns Mum Of Year 2019 campaign.

 

Three Winner Emerge At Three Crowns Mum of The Year Competition

L:R : Mr. Chris Wulff-Caesar, Marketing Director, FrieslandCampina WAMCO, Mrs. Abigail Oluwasegun (MOTY’19 Winner), Mrs. Kafayat Salami (MOTY’19 Winner), Mrs. Chinwe Okoroafor (MOTY’19 Winner) and Mr. Ben Langat Managing Director, FrieslandCampina WAMCO at the Grand Finale of Three Crowns Mum Of Year 2019 campaign.

Source: https://www.lindaikejisblog.com/2019/12/three-winner-emerge-at-three-crowns-mum-of-the-year-competition-2.html

Cyber Security experts calls for more third-party awareness and trainings to mitigate the rising menace of cyberattacks

Cyber Security experts have called for more third-party awareness and trainings to mitigate the rising menace of cyberattacks, adding that third parties in a network system are usually overlooked and that has posed an entry point for new attacks.

According to them, Nigeria is known to be leading in terms of online fraud in Africa, with about $500 billion, which is expected to hit $2trillion by the year 2020.They added that with better configuration, services upscale in the value chain and data domiciliation, cyber attacks would be mitigated.

They made the call during the Cyber Security Workshop Themed: “DDoS Evolution – Staying Protected” organised by the Information Security Society of Africa-Nigeria (ISSAN) in collaboration with 21st Century Technologies Limited in Lagos.

According to research, Distributed Denial-of-Service (DDoS) attacks are getting 300 times bigger, 60 times longer, and five times more complex. These figures mean that attackers are engineering more complex attacks on a larger scale.

President of ISSAN, Dr. David Isiavwe, decried the worsening state of cyber security in the country and called for collaborations to boost the fight. He said: “For those who watch the cyber space closely, you will all agree that there is still a lot happening every day. New forms of attacks are being contrived and implemented by the bad guys and all they need is one successful attempt. We hear of all the various attacks both on individuals and companies alike. Indeed, even the cyber security gate keepers are not spared. And huge sums of money are at risk whenever there is a successful attack. Businesses must take steps to stay protected always.”

Isiavwe, who is also the Group Head Operations & Technology, Ecobank Nigeria Limited, further lamented the fact that everyone and every institution was susceptible to these attacks as social engineering attack is unrelenting.He said data based manipulation-insiders and outsiders is on the rise, attack on card data and card processing technology infrastructure via rogue IT infrastructure, spear phishing attack and combination of different methodologies were rampant.

The ISSAN President, therefore called on all stakeholders to be proactive, create customer awareness activities, continuous and automated monitoring of systems and infrastructure, employment of Artificial intelligence and Machine Learning as well as robotics and data analytics.

On the challenges of DDoS protection, DDoS Security expert, Nexusguard Ltd, Long Lee Shih, said the attack techniques continue to evolve and more difficult to detect, with the growing number of new and zero-day attacks.

According to him, in Q1 2018, there is a record breaking attack powered by massive amplification (Memcached attacks in 51,000 times), while Internet of Things (IoT)-botnet attacks has sky rocked in Q2 2018.

“Perpetrators employed a newly-adopted amplification attack technique called bit-and-piece in Q3 2018 to Q1-Q3 2019. Attacks are now launched towards a diverse pool of Internet Protocol (IP) addresses across hundreds of IP prefixes.

“Why legacy methods fail to address DDoS challenges is because firewall and IDS are not designed to mitigate DDoS attacks; it takes a long time to implement and requires expertise; high costs of purchasing hardware, installation and maintenance, and the extra manpower dedicated to keeping the equipment up and running,” he added.To mitigate this attack, he said the firm has partnered 21CTL to boost capacity into local regions, so that both international and in-country attack traffic can be managed simultaneously.

“It will also address data sovereignty concerns, minimise latency and maintain a good user experience. 21CTL will be the first 100 per cent guaranteed DNS service even against DDoS attacks,” he added.

Source: https://guardian.ng/business-services/stakeholders-fret-over-rising-ddos-as-losses-hit-over-500b/

Doing Business Report 2020

According to the World Bank “Doing Business Report 2020”, Nigeria moved up 15 places, to 131 on the ‘ ease of doing business ‘ index. This is some good news!

 

But then…

 

  1. How well can local brands compete with foreign businesses?
  2. Do local brands have the right systems, structures and processes to match up global brands in terms of : quality, market acceptance and durability?
  3. Can local brand compete with foreign brand in terms of: access to funding and markets?
  4. How can Nigeria’s recent initiative to join the AfCFTA benefit local businesses?

 

At DBC Biz-Fair 8.0, we shall be providing  answers to these questions and more.

 

DBC Biz-Fair is a market place for Daystar business people to showcase their goods and services, network with other business owners as well as learn from industry experts.

 

To register as an exhibitor, kindly  do so via http://dbf.daystarng.org/bizfair

 

Limited booths available.

 

See you there!

 

 

Seplat Petroleum to acquire London-listed Eland Oil & Gas

Seplat is to accumulate London-listed Eland Oil & Gas for £382 million ($486,163,760.00) in an exceedingly bid to scale the business and grow in Federal Republic of Nigeria, in keeping with the boards of the businesses.

The acquisition is to be accomplished by means that of a theme of arrangement below half twenty six of the businesses Act.

Seplat can pay 166 pence per share in money for Eland, or a premium of twenty 8.5 % to Monday’s terms. Shares in Eland climbed 28 % in early commercialism on Tuesday.

Eland’s board has backed the supply, as have its 3 largest shareholders, who have given irrevocable commitments for concerning 60% of the shares within the company.

The acquisition are going to be supported through a mixture of existing money and a brand new loan facility.

According to the businesses, the deal can offer the combined business bigger scale in production and reserves, with the combined boring set to extend to 38,000 barrels of oil per day (boepd) for the enlarged cluster.

Factoring in Seplat’s gas production, total production is predicted to grow to 64,000 boepd.

In interim results discharged in Sept, Eland, supported in 2009, rumored an operative profit of $40 million on record revenues of $106 million, up from $67.4 million within the previous year.

Seplat presently provides a couple of third of Nigeria’s power generation gas.

UK government awards £86.6m contracts to ferry companies to transport medicines in the event of a no-deal Brexit.

The government has awarded £86.6m of contracts to ferry firms to move medicines within the event of a no-deal Brexit.

Brittany Ferries, DFDS, P&O and Stena Line are going to be able to deliver those provides from thirty one October, it said.

The contracts are aimed toward ensuring deliveries of important product continue, if the united kingdom leaves the EU while not a deal.

The government was criticised earlier this year after subsidizing a transport contract to an organization with no ferries.

The contracts are going to be in situ for 6 months that the government is ready for various Brexit eventualities, a interpreter aforesaid.

Should the contracts have to be compelled to be off, the united kingdom pays the corporations £11.52m. the united kingdom paid £51m to cancel no-deal ferry contracts once the Brexit point extension at the top of March.

Transport Secretary Grant Shapps said: “The GB is preparing to go away the EU on the thirty one October and, like every smart government, we are getting ready for all outcomes.

“Our decisive action suggests that freight operators are going to be prepared and waiting to move very important medicines into the country from the instant we leave.”

The ferries run between Teesport, Hull, Killingholme, Felixstowe, Harwich, Tilbury, Portsmouth and Poole within the GB and port, Caen, Le Havre, Zeebrugge, Hook of Holland, Rotterdam, Europort, and Vlaardingen.

Earlier this week, the govt established a customs work support unit for medical product suppliers to assist with obtaining across borders within the event of a no-deal Brexit.

The extra capability can facilitate medicine corporations arrange for a no-deal Brexit, the Association of country Pharmaceutical trade aforesaid.

“This capability is a vital part of our members’ preparations,” aforesaid the trade body’s chief government microphone Thompson.

“Stockpiles also are in situ, and a few firms have already sourced their own various ferry routes.”

Earlier this week Dame Sally Davies warned that patients might die should there be medical provides shortages.

In February the govt scrapped a ferry contract with mobile Freight, that had no ships, once Irish company backing the deal force out.

Deutsche Bank buys five percent stake in German Financial technology

Deutsche Bank bought a five percent stake in German Financial technology start-up Deposit Solutions, valuing the firm at north of one billion euros ($1.1. billion).

The deal makes Deposit Solutions Germany’s second-largest fintech unicorn — a private business that’s value $1 billion or additional — in line with in public accessible knowledge. Deutsche didn’t disclose what quantity cash it had invested into the firm.

It comes simply months when the bank declared an enormous restructuring program that may see eighteen, thousand folks set off, because it scales back on its investment banking operations and appears to boost profitableness. It additionally follows the collapse of the lender’s merger talks with domestic rival Commerzbank.

Deposit Solutions’ code lets third-party lenders that provide savings product plug into retail banks’ platforms, a part of a broader trend within the monetary services business referred to as open banking. The firm says the advantage of this is often that it lets retail banks that don’t sell savings product supply them to customers, usually at higher interest rates.

Apart from Deutsche, the firm counts Peter Thiel’s venture fund Valar Ventures and personal equity firm Vitruvian Partners as investors. Deposit Solutions aforesaid Deutsche has been one among the company’s customers since 2017, whereas alternative purchasers embrace Germany’s MunchenerHyp, British bank shut Brothers and therefore the fintech firm Atom.

The deal signals growing interest from banking giants within the fintech house, with alternative lenders like HSBC and syndicalist Sachs additionally tilling money into similar suppliers. It might even be seen as taking advantage of open banking rules from the EU, that authorize third parties to access bank customers’ knowledge and initiate payments on their behalf.

Stock Market News

The Nigerian equities market reversed the gaining streak at the top of yesterday’s transactions, occasioned by sell offs in some bellwethers, because the All-share index slouched by 0.5 per cent.
Yesterday, the All Share Index (ASI) weakened by 141.98 absolute points or 0.51 per cent to shut at 27,527.40 points. Similarly, the capitalization lost N69 billion to shut at N13.415 trillion.

The downtrend was wedged by losses recorded in giant and medium capitalised stocks, amongst that were; Ecobank international opposition. (ETI), Dangote refinery, FBN Holdings, NPF small Finance Bank, and Access Bank.

Analysts at Afrinvest restricted said: “We maintain our pessimistic outlook for the equities market within the absence of policy levers to strengthen investors’ appetency.”

Market breadth closed negative, with six gainers against twenty three losers. could and Baker Federal Republic of Nigeria recorded the best worth gain of four.35 per cent to shut at N2.40 per share.

United Capital followed with 3.88 per cent to shut at N2.14, whereas Sterling Bank gained 3.48 per cent to shut at N2.38, per share.

Cement Company of Northern Federal Republic of Nigeria (CCNN) rose 3.46 per cent to shut at N13.45, whereas Access Bank appreciated 1.64 per cent to shut at N6.20, per share.
On the opposite hand, Beta Glass LED the losers’ chart with 9.95 per cent to shut at N59.75 per share.

Continental insurance followed with 9.88 per cent to shut at N1.55, whereas Cadbury Federal Republic of Nigeria lost 9.65 per cent to shut at N10.30, per share.

Law Union & Rock Insurance shed 8.51 per cent to shut at forty three Naira, whereas Caverton Offshore Support cluster lost eight per cent every to shut at N2.30, per share.

The total volume listed declined by 39.2 per cent to a hundred and 70.72 million shares, worth N2.26 billion, and listed in 3,614 deals. Transactions within the shares of Access Bank lidded the activity chart with 65.13 million shares valued at N409.15 million.

Guaranty Trust Bank followed with 17.62 million shares value N488.82 million, whereas Dangote Flour Mills listed 16.16 million shares valued at N324.55 million.

Zenith Bank listed 10.94 million shares at N197.42 million, whereas United Bank for Africa (UBA) transacted 7.58 million shares value N45.16 million.

The need for Nigerians to have multiple streams of income and a regulatory environment for online brokers.

Rally Trade is a monetary service brokerage company. We’ve a platform where people can trade in world monetary markets. It suggests that viewing the worldwide stock market- the big apple securities market, London securities market, French exchange, German exchange and different platforms wherever you’ll be able to trade directly from Nigeria. You’ll be able to trade currencies, euro, pounds, and dollar.

We all apprehend that costs from every country are forever unsteady, which implies you’ll be able to trade them against themselves to form cash. Lastly, commodities- gold, cocoa, aluminium, rubber, not in their physical kind, however virtual kind, are all on the market platform

Based on our own business, it’s a decent time to be in Nigeria and therefore the reason is that we are inquiring a transition amount. We are in a significant issue currently.

First, people that have one job can notice that the duty alone can’t facilitate them any more. Secondly, there’s no job, even for young and old alike. We are in a time where we must always be making opportunities to resolve the issues.

This can mean making many different sources of financial gain that folks never fathom. It’s a decent time to be in business as a result of we are currently serving to folks now to begin creating cash from a supply they never thought existed.

When I was in school, I didn’t apprehend something known as commerce, though it absolutely was existing, however at that time, there was no technology to bring it here. There was no internet and phones, that the commerce couldn’t return to Nigeria. However currently that the technology is here and everybody has a mobile phone, it’s a decent time to be within the business.

That word exchange (forex) is simply one a part of the market. If I say currency, I mean forex. however someone are often commerce indices, that’s not commerce monetary currency. So, foreign currency is simply an area of the market and therefore the business we do, not the full market.

There is nice potential. For any youth, I see the business as a career. There’s one thing regarding creating cash, however the opposite facet is that the career, one thing that you just are often happy with and would wish others to be a part of.

Without twee words, technology now’s the bedrock of companies. Any company that’s not technology-driven is headed for disaster. Whenever we do our seminars, we always show folks the very fact that within the last ten years, corporations like Exxon Mobil, Shell, China rock oil, were the largest within the world then. The largest corporations within the world currently are Google, Microsoft, Apple. however who are they? merely, technology.

Kano is centre of commerce, however if Kano doesn’t become centre of e-commerce, it’ll disappear because technology is the future. Everything is electronic currently, even in Nigeria straight away, any company that’s not investing on technology can die. If Shoprite doesn’t evolve to on-line sales, Jumia can kill them and that’s the reality. So, that’s the longer term, there’s nothing you’ll be able to do regarding it.

If I refer you to a broker, there’s what we call spread, that is the distinction between buying and selling. That’s where brokers build their cash. They share regarding fifty per cent of that commerce at first and we call them partners. What if I refer you and you currently become a partner and you refer someone else which person becomes a partner, who additionally referred someone? Shouldn’t you be creating cash in referring somebody? that’s the new system that we’ve created, like higher level of stream of financial gain for a partner, creating it a multi-layer, rather than simply one layer system.

Technology isn’t new. At least, I even have been in the business between seven and eight years and it’s been around that very same time. I don’t suppose there has ever been any day that the full market is down and nothing is functioning. That has never happened. For example, regarding sixty per cent of the full American economy is in the New York securities market, that is why corporations like Ali Baba in China can leave the country to boost money in America as a result of there’s no different place you’ll be able to get that sort of cash.

The whole American economy is constructed on the the New York securities market, that is that the same commerce we are talking about. If it’s not reliable, they won’t place all their lives in it.

When folks tell me that the likes of “Wonder Banks” and MMM had gone below, inquisitive if the forex market won’t go like them, I solely tell them that they’re viewing it domestically.

Forex market isn’t a Nigerian factor, it’s not an American factor, it’s not a Japanese factor, it’s the full world and driven by level of fundamentals. So, it will go down unless kinsmen are all happening.

To be frank, all brokers provide constant factor. It’s like all Nigerian stockbrokers provide constant factor. you would like to shop for 1st Bank or GTBank shares, they’re all providing constant factor.

But the items that may cause you to totally different are in-depth client service, things that typically, as a factor, you are taking longer to analyse on. Of course, you’ll be able to advise your shoppers on a way to obtain shares. however if folks see that your shoppers are creating more cash, it becomes further advantage.

In Rally Trade as an example, we’ve uncommon client support. Our workers call shoppers on a daily basis to grasp if there’s any drawback or challenge. Each shopper incorporates a dedicated workers that takes care of his or her business. Then we’ve the most effective education system here. There’s no company that’s educating Nigerians like Rally academy will. In terms of our conferences, expos, seminars and therefore the trainings we do in our workplace often. So, those are a number of the 2 major blessings that we have- essential client service and quality education system.

All a corporation will do is to form positive that it’s coping with a regulated establishment, constant approach we are positive that banks are regulated by financial institution of Nigeria. We are regulated in Europe by monetary commission. At constant time, once I consult with folks regarding on-line business, if you choose to run away and conceal yourself in the sand, voice communication you don’t trust it, your cash may disappear, you may never do something. You won’t believe that some folks don’t use ATM until these days, you recognize why, voice communication if they’re being trapped during a corner, all their cash are collected. Some folks don’t use net banking however that doesn’t assist you in the least. you’re losing more than you are gaining. that’s the approach it’s.

With this technology comes challenges and hacking of funds, but yet, there’s nothing you’ll be able to do regarding it aside from notice a way to use them safely and certify you are doing enough analysis. where you put your cash, do intensive analysis. For example, within the last ten years, Nigerians have gone through many scams. We had MMM, marvel Banks, among others, however I even have never lost one Nigerian monetary unit to any of them as a result of I learnt regarding ten years ago that there are not any free cash and that I had been a victim on-line, once I lost like $200 and had to withdraw. So, when marvel Bank and MMM came, I knew that it absolutely was simply scam. folks got to be educated, do analysis, then you actually have little or no problems once it involves doing monetary business on-line.

Let me attempt to describe the MT4 in easy approach. Let’s use automobile, that is the best approach. A Toyota and a Honda, what’s the difference? Nothing! They each are cars. However in Nigeria, we’ve more Toyota than Honda, why? folks simply love Toyota! or even Toyota is less complicated to keep up or it’s additional used price or it’s cheaper to shop for. constant approach we’ve totally different commerce platforms. as an example, there’s a corporation known as Tesla, that makes automobile within the U.S. They didn’t exist hitherto. constant approach corporations produce commerce platforms for themselves. So, I will begin a brokerage company and choose that just like the package banks use, I don’t wish to use an explicit platform, however a contemporary one folks will trade thereon are often higher, however that doesn’t mean folks are planning to adore it. Tesla is in America currently however doesn’t mean it’s mercantilism quite Toyota that has been selling for a short while. MT4 is simply a platform folks trade on, simply to shop for and sell, that’s what it’s however it is the oldest, it’s the very best adoption, it’s what folks love the foremost, therefore each broker has it.

Choosing the right business

 When you want to start a business, there are certain things to bear in mind. The factors to consider are:

Passion

Firstly, you have to think of what you are passionate about. If you do not have the amount of Monies that you need

to start it, and it’s not something you can start small, then think of something close to the line of business and

start, then you can gradually save up monies to do what you want to do. For instance, if you want to open a car

stand, and you do not have enough monies to set up the business, the best way to start is to look for individuals

who want to sell their cars, buy from them and resell. Now you might not want to start that way, so an alternative

is for you to start a motor parts business since that is the closest to car business.

Location

Secondly, do a survey on the location where you want to set up the business to see if that kind of business would

strive there. They are so many things to consider when choosing a location. One of them is the road, the road is an

important factor to consider when choosing a location, nobody wants to drive into a bad road just to buy

something, unless there’s no other place where they can get it. People would prefer to drive 50km on a good road

than drive 20km on a bad road.

Power

Thirdly, if the kind of business that you want to do is the type that requires constant Power supply, make sure that

the area where you want to set it have steady power supply or else think about it again. I do not encourage people

to start a business which requires steady power supply with a generator. Because PMS is not cheap and you can

actually be running at a lost. Unless you are very sure that you can meet up. Someone once asked me the right

business to do with N200, 000 ( two hundred thousand naira). The amount of money you have to start up a

business sometimes would determine the type of business to do. Someone who has N100,000 cannot think of

starting a car business neither would he think of setting up a factory. If you have a little amount of money saved for

a business, you should think about smaller businesses. You can’t just go into business because people are doing it.

Or because you are bored and so you need something to keep you busy. Not like it’s wrong, but if you are doing it

for profit, then it has to be with the right mindset and the right reasons. You need to do a business that you are

passionate about. You can’t just jump into a business because Mr A is doing it and he is making so much monies

from it. You have to find out the reasons behind his success. Every successful business man has a secret behind

that success. Some businesses needs steady investment for it to grow. Take Grocery business for instance, for you

to enjoy the business, you have to keep putting monies into it. Everyday companies produce different edible goods

and you have to buy them for your customers. So for that kind of business to thrive, you have to keep investing

most especially at the beginning stage. Then gradually you can start spending, but you have to be very careful not

to spend more than your income. Grocery business can be very deceptive, so if you are not a very careful person,

you will run down the business in no time.

 

Boeing’s global fleet of 737 MAX planes has been grounded

Boeing shares fell early Monday when major America airlines declared additional flight cancellations as a result of they expect the 737 MAX craft to be grounded for for much longer after 2 deadly crashes.
Shares within the part large fell 1.4 % to $360.23 at mid-morning within the initial session since America Airlines declared Sunday that it absolutely was pushing back its target date to resume MAX flights by 2 months.

“American is extending cancellations for the MAX through 2nd November,” the corporate said on Sunday.

“By doing therefore, our customers and team members will additional dependably set up their approaching travel on America. In total, or so a hundred and fifteen flights per day are off through 2nd November.”

Boeing’s international fleet of 737 MAX planes has been grounded since mid-March following the second of 2 ruinous accidents that killed 346 folks.

The company has been operating closely with America regulators within the Federal Aviation Administration and different civil authorities on upgrading the planes to modify them to come to service.

The federal agency late last month known a contemporary drawback throughout machine testing, any clouding up the outlook for the plane’s come to service.

After at first expecting the planes to come to service at intervals weeks, the airline announcements currently recommend the planes won’t be back within the skies till late this year at the earliest.

United Continental on Friday extended its 737 MAX cancellations to November 3rd, saying it’ll “continue to require extraordinary steps to shield our customers’ travel plans” as they cancel thousands of flights over the four-month stretch.

Southwest Airlines, that had thirty four MAX craft operative and another forty one deliveries set for this year, declared late last month that it absolutely was pushing flight cancellations through to October one.

The MAX troubles can dent profits for America, United and Southwest Airlines, throughout peak travel season.