Awwal Ademola Blog

Agriculture as a sector in Nigeria's economy plays a significant role in rehabilitating the economy. The most important roles of agriculture are to feed the nation and thus saving it from hunger. It's also create employment opportunities to both entrepreneurs and workers in agricultural enterprises and agro allied industries. The following are the business opportunities in agriculture: 1. Crop Plantation: Since this is a major practise in agriculture, it thrives so well, because no matter the the case maybe everybody depend on plant products to survive especially for food and clothing. As the case may be, not everyone eats animal products and example of such people are vegetarians. So in this case, crop plantation/production cannot be undermined anywhere in the world, most especially in Nigeria.  Products of this business include arable crops, cash crops etc. 2. Cattle Rearing: This is common among the Northerners in Nigeria. This involves the rearing of cows, bulls, and...

The Nigerian economy consists of various  hot sectors which are money making sectors especially for the upcoming young entrepreneurs in Nigeria. So much focus is been put on the oil and gas sector, because of the nature of the wealth that can be derived from it. But as a young Nigerian, there are other sectors that can pump in money for you apart from the oil and gas sector. And they include: 1. Education Sector: Brilliant students in Nigeria who are passionate towards teaching and tutoring can make money in this area by establishing tutorial centres/classes for students having issues in some subjects and courses in the tertiary institutions. They can also offer tutorial services to students of professional examinations like ICAN, ACCA, CITN, CIMA etc. 2. Agriculture: In fact, this is the hottest sector for a Nigerian youth who is fit enough to work on the farm. It's a nice sector to invest in, especially this period where there is demand for locally produced food items and ma...

1.Accenture Founded in 1989 (from Andersen Consulting). HQ: Dublin, Ireland. Revenue: $34.85 billion (2017). Employees: 435,000 (2018), including 130,000 in India. Services:  Consulting, strategy, digital, technology, and operations. Work culture:  Accenture is credited with great leadership that supports employees and helps create an interesting workplace.  Tidbits:  Accenture (the name supposedly comes from “Accent on the future”), invested $941 million in 2016 in employee training and development. It aims at increasing diversity at the workplace, and plans to achieve complete gender balance by 2025. In 2016, 40 percent of its employees were women. As part of a social initiative, Accenture employees have taken up the Skills to Succeed program, which will impart workplace and entrepreneurial skills to three million people worldwide.   2.Bain & Company First glance:  Founded in 1973 and headquartered in Boston, Bain is one of the Big Three...

The profession of accounting cannot be underrated, most especially by top firms in the world. We can not do without employing the services of accountants in our business, that is, the big businesses. It sounds unprofessional to place accounting in the same position with bookkeeping. This is common among those who do not understand the nature and scope of accounting, especially the non-accounting graduates and also some accounting students who are not practising accountants. Today, accounting firms are consulted for services that cannot be rendered by just ordinary person like Auditing and Forensic Accounting, Tax and Regulatory Services and Advisory Services. Auditing and Forensic Accounting reveals the items contained in the financial statements of companies and also exposes fraudulent acts in the preparation of financial statements of companies. Nowadays, it is no longer a news that fraudulent practices are very high at companies. But the employment of the services of accountants ...

The world we are today consists of two things, that is problems and opportunities. Opportunities arise when there are problems. But the fact is, not everybody realizes opportunities in the midst of problems. Only a few people see opportunities when problems arise, unlike the white men. Below are the examples of popular figures in the world who created opportunities for themselves in the midst of problems: 1. Mark Zuckerberg: The young American is tyhe founder of Facebook, WhatsApp and Instagram. His popular website Facebook, was established when he discovered that he and his colleagues in Harvard University had the problem of getting connected with each other both within and outside the university. He then created the platform that could solve such problem and the result is Facebook. He then also use that opportunity to generate income for himself when he discovered that he was getting much traffics. And today, the 34-year old is the youngest billionaire in the world and number 8 in ...

          Over the years, many people especially Nigerian students and graduates have  confused education with academics. Even though they are related but they are quite different from each other. Education goes far beyond academics. Academics is a subset of education or can be regarded as a subsidiary of education.           Education is  the process of imparting and acquiring  knowledge and skills for the purpose of developing the society. That is why it is easy to spot the difference between an educated person and an illiterate. It is not necessary to see an educated person in working as an accountant, banker, engineer etc. Sometimes you may find him as a shoe maker, butcher, fashion designer etc. But what will make a difference between him and an illiterate is the packaging and quality of his business and product. For instance, an illiterate shoe maker operates in a small shop and sometimes at the roadside. But an ...

Entrepreneurship is not a new language to everyone in every field of study. It is present at all professions such as Accounting, Banking & Finance, Medicine, Engineering etc. It is quite different from being a businessman. Entrepreneurship is the state or quality of being an entrepreneur. An entrepreneur is quite different from a businessman, an entrepreneur is someone who innovates, invents something unique that can solve the problems of the society and in this way makes profit from this innovation by marketing it to the society. An entrepreneur is someone who creates ideas and talents to woo the society. But a businessman is someone who engages in trading activities purposely to make profit. He is not after satisfying the needs of people but his major target is profit maximization.            WHAT DOES IT TAKE TO BE AN ENTREPRENEUR? There are certain requirements needed to be met for anyone interested in becoming an entrepreneur. ...