Investing

Cryptocurrency: Understanding the New Face of Money

Cryptocurrency is gaining popularity as an asset class. Every day you hear people talk about  bitcoin, litecoin, onecoin and so many more. In fact to most people in Nigeria, cryptocurrency is gradually becoming their most preferred investment options when considering options for wealth creation. In this post, you will get learn what cryptocurrencies are and how can invest in them and if you trace the evolution of money as means of exchange, you will begin to have an idea why cryptocurreny is said to be the future of money. Then, lets first consider How Money Evolved Man used to exchange…

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Business Ideas

Start a Car Wash Business And Smile Regularly to the Bank

Car Wash is a business you can start with what you have right now and still make a lot of money out of it.  The business involves setting up a facility where busy car owners come in to wash their cars for a small fee.  Whether you are a retiree looking for a business to keep you busy, unemployed who is not ready to dust your CV once more, or you have your day job but desires to have a system to earn passive income; even if you are a student who is looking for a way to put your…

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Money Talk

Online Writing Jobs: Smart Way to Making Money Online

ONLINE WRITING JOBS CAN BE A PROFITABLE BUSINESS One of the ways you can make money online is through online writing jobs. There are people who have become so successful at it to have established thriving businesses around freelance writing as online writing jobs are known to most people.  The opportunities in this business are many; some of them are  writing guest posts for authority blogs, ghostwriting for books and Ebooks, writing press releases for companies, copy writing and sales letters, assisting companies to update their websites, product reviews, business and technical writing projects and even essay writing for college…

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Grow Your Business

Steps to Register A Business In Nigeria

Post updated April, 2019 EASY STEPS TO REGISTER A BUSINESS IN NIGERIA Whatever be its nature, to get your business registered is one of the very important steps you must take to bring your business idea to reality.  Some people would have commenced trading before registering their businesses but it is advised that you do this at the preliminary stages of your business planning process. This post Easy Steps to Register A Business in Nigeria highlights the advantages you derive from registering your business and how entrepreneurs can register their business in Nigeria. Benefits of Business Registration Generally, business registration…

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Investing

How to Get Good Stockbrokers In Nigeria

Are there good stockbrokers in Nigeria?  How can I get one?  I hear people ask these questions very often. Many would be investors  are reluctant to start investing in stocks because of the sad stories they have heard about dishonest stockbrokers. Unfortunately, it is not possible to trade stocks without the stockbroker. By all means, there are many excellent stockbrokers in Nigeria and they are easy to find if you know how to go about it. This is what this post is all about: How to get good stockbrokers in Nigeria. WHY YOU NEED A STOCKBROKER Stockbrokers play very significant…

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Investing

Why You Should Start Investing In Stocks Now

A reader of this blog once asked to know what alternative instrument he should be investing in, giving that yields are falling in the fixed income market. My answer was that he should consider investing in stocks if he wasn’t already doing so. In the same vein, for those of you who are not investing in stocks, I am giving you the same piece of advice. Why should you start investing in stocks now? Also Read: Your Best Investment Options in Nigeria in 2018 Market Rebound The first reason is that the Nigerian stock market has rebounded after four years…

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Business Ideas

How to Start A Block Industry In Nigeria

Block making (commonly called block industry) business can be a very profitable venture.  It is funny to me that some people still think that block making is a vocation for the uneducated and unskilled.  To the contrary, it is a lucrative business that can be scaled to become a large employer of labour.  Whether you are a school dropout, a graduate, a professional or a retiree looking for profitable business to engage in; block making is a venture to consider. The block industry is growing rapidly, why? The simple reason is rising population and increasing housing needs. Nigeria is estimated…

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Business Ideas

Sachet Water Production Business- Easy Way to Get Started

Its history is modest but sachet water production and sales has become a big industry in Nigeria. Before one smart entreprenuer started packaging water sachets in Lagos in early 1990’s, market women and children hawked iced water in small bottles.  The water was largely untreated as all the seller had to do was filled a couple of botlles with water from he tap in the compound, arrange the bottles in a Cooler then hawk them on the streets and in busy marketplaces.  No wonder that entrepreneur called his product Pure Water to differentiate it  from the crowd of iced water…

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Business Ideas

How You Can Make Money With Watermelon Farming

If you are looking for a lucrative agribusiness to start this year, why not consider watermelon farming.  You know it, that juicy, refreshing fruit containing a very large quantity of water.  In fact, watermelon is about 93% water and contains essential vitamins C, B, and A.  It is high in protein, magnesium and is essential in managing weight, body temperature, and even blood pressure. You see it being hawked by our brothers from the North in wheelbarrows or by roadside market women. Perhaps, you see it displayed in Shoprite and other high-end grocery stores but what you may not know…

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Business Ideas

20 Small Scale Businesses You Can Start In Nigeria With Little Capital

By far the most frequent questions I have been asked at kobotalk in recent time are what small scale  business would I recommend in present  day Nigeria that somebody can easily start with small amount of investment capital? The eality is hitting, and more and more people, young and old now want to know how to start a business in order to leave the comfort of paid jobs. Why? Over 4 million Nigerians lost their jobs in 2017 according to National Bureau of Statistics data.  Many more had jobs that they wished they hadn’t – they were underemployed and so…

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