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Showing posts from 2018

BUSINESS OPPORTUNITIES AT NYSC CAMPS.

Below are the hot business opportunities available at various NYSC camps in Nigeria. As a corper, you should get yourself busy with something instead of sitting idle or waiting for your phone to ring a credit alert of your monthly allowance. The businesses that can fetch you money at camp are as follows: 1. Printing & Photocopying Services: At camps, there is always the need to get some documents printed or photocopied due to insufficiency of some NYSC documents. Emergency need of some of these documents creates the opportunity to those who know about printing and photocopying. 2. Photography: If you are talented in taking photographs, it's an opportunity for you because it's a very lucrative business at NYSC camps. Corpers are always in taking photographs of themselves especially when they are together or at an outing. With this, you can make much money at camp. If you are also good at taking passport photographs, you can help corpers with insufficient passport photo...

THE REQUIRED SKILLS AND COMPETENCIES NEEDED BY A TAX CONSULTANT.

1. Communication Skills: A tax consultant must have an effective communication skills. He/She must be bold to enough to speak with the clients, press and government over tax matters. Effective communication skills is also needed in offering tax advisory service yo clients. A good example of tax consultants in Nigeria with good and effective communication skills are  Taiwo Oyedele of PwC, Yomi Olugbenro of Deloitte and Touche, Wole Obayomi of KPMG etc. 2. Mathematical and Arithmetical Skills: This is needed by every tax consultants especially in the computations of taxable income, tax liabilities, capital allowances etc. That's why a tax expert from the legal profession needs to have the accounting knowledge in order to aid the preparation of taxable income and tax liability of company's clients. 3. Problem Solving Skills: A tax consultant must be able to solve problems relating to tax evasion and avoidance. He/She must know and also must be able to advise his/her clients a...

FEW INTERVIEW QUESTIONS AT GOLDMAN SACHS

The following are the likely interview questions at Goldman Sachs, a multinational consulting firm: 1. Tell me about your CV. 2. What was your preferred class when you were in the university? 3. What are your strengths? 4. What are your weaknesses? 5. Why do want to work with Goldman Sachs? 6. How do you know you want this job at Goldman Sachs? 7. What makes Goldman Sachs different from its competitors? 8. Tell me about the mistake you made in the past, and how did you overcome it? 9. Tell me about a time when you failed to meet a deadline. 10. Tell me about your previous jobs. 11. What would your team mates say about working with you? 12. Are you a perfectionist? 13. Tell me your important experience in your career. And why? 14. Tell me about yourself in three minutes. 15. Explain to me the time you acted as a leader. 16. What are the three different ways of valuing a company? 17. Walk me through a D.C.F? What does a D.C.F do? 18. Walk me through a...

LIST OF SOME YOUNG AFRICAN ENTREPRENEURS.

1. Isaac Oboth (Uganda) - CEO Media 256. 2. Ally Edha Awdh (Tanzania)- CEO, Lake Oil Group. 3 . Adii Pienaar (South Africa)- CEO, Woothemes. 4. Uche Pedro (Nigeria)- CEO, Bellanaija. 5. Nick Kaoma (South Africa)- CEO, Head Honcho Clothing. 6. Stephen Sembuya (Uganda)- CEO, Pink Food Industries. 7. Clarisse Iribagiza (Rwanda)- CEO, Hehe Limited. 8. Julie Alexander Fourie (South Africa)- CEO, iFix. 9. Ronak Shah ( Kenya)- CEO, Kronex Capital Limited. 10. Christian Ngan (Cameroon)- CEO, Madlyn Czalis. 11. Issam Chleuh (Mali)- CEO, African Impact Group. 12. Trushar Khetia (Kenya)- CEO, Tria Group. 13. Rex Idaminabo (Nigeria)- Founder, Achievers Media. 14. Rasaq Ahmed (Nigeria)- CEO/Founder Cowrywise. 15. Babatunde Oladosu (Nigeria)- CEO/ Founder Edubridge Academy. 16. Tom Manners (South Africa)- CEO, Clockworld Media. 17. Stephen Akintayo (Nigeria)- CEO, GText Media. 18. Mubarak Muyika (Kenya)- CEO, Zagace Limited. 19. Abiola Olaniran (Nigeria)- CEO, Ga...

LIKELY INTERVIEW QUESTIONS AT DANGOTE GROUP.

 Below are the possible interview questions at Dangote Group of Companies. 1. What do you know about Dangote Group? 2. Why do you want to work with us? 4. Why do you think you are the most qualified for this position? 5. Tell us about your final year project. 6. Explain the working process in a refinery. 7. Tell me a time you needed to get information from someone who wasn't responsive. And how did you do it? 8.  What's your customer service philosophy? 9. Do you have a post secondary education related to project management or construction? 10. At Dangote Cement Limited, we use a very good internal inventory management and project management systems. Do you have any experience in the use of AutoCAD, SAP or Project Insight? 11. Where would like to see your career in Dangote group take you to? 12. Where did you come across our job posting? 13. Tell me about a time when your integrity was challenged at work. And how did you handle it? 14. Do you have exp...

BUSINESS OPPORTUNITIES AND IDEAS IN LAGOS.

1. Home Cleaning Service - Majority of lagosians are the busy type and therefore they hardly have time to take care of their homes and environments. And that's why this business is a  hot cake in Lagos. In cleaning a single home, you can make #1000. The more homes you clean, the higher your income. 2. Catering, Event Planning and Management - Lagos is popularly known for parties and events especially on weekends. So this is an opportunity to venture into this kind of business. I have an uncle who is almost becoming a millionaire in this business. 3. Food Delivery Service - Majority of lagosians don't have time to cook at their homes especially the working class. So in this case, you can be a food supplier to office workers at their offices. 4. Start a Mobile Supermarket whereby you will be displaying goods on a moving truck. People seeing the quality of your goods and the nature of your truck will be attracted to patronize you. 5. Be a Real Estate Agent/ Consultant - Th...

BUSINESS OPPORTUNITIES IN THE FINANCE SECTOR.

Finance as  a field in management sciences consists of various business opportunities which are: 1. Develop and market softwares of accounting, banking and finance. Description: These softwares are mostly used by banks, accounting firms and other business enterprises in arriving at their financial values, profitability and financial positions. These softwares makes financial and accounting activities easy, quick and efficient. Since they are regularly used by many organizations, it serves as a profitable business to the licensed owners of the softwares. 2. Publication of Finance related books. Description: This includes magazines, textbooks and journals that are centrally focused on finance. This requites consistency on a periodic basis. 3. Starting a Finance Blog Description: That is create w website that will place major emphasis on finance. Also keep forwarding the link to people so as for them to be able to visit your website. 4. Online Finance Coaching Descrip...

INTERVIEW QUESTIONS AT ZENITH BANK PLC.

1. What are your top three strengths? How would you use them to make an impact at Zenith Bank PLC? 2. Tell me about your education,  how has it prepared you for this opportunity at Zenith Bank PLC? 3. In the banking sector, customer service is highly considered. Tell me the time you provided an excellent customer service. 4. What do you know about Zenith Bank PLC? 5. How will you handle an aggressive customer? 6. Tell me what you know about the trends and updates about the banking sector? 7. In your own opinion, what do you think are the benefits of banking with Zenith Bank PLC? 8. Tell me about a goal you achieved. And what are the steps you took to achieve that goal? 9. Tell me about your cash handling experience. 10. Give me an instance of how you keep tracks of details when you're in a conversation. 11. How do you stay organized? 12. Tell me a time you proved your trustworthiness. 13. What do you intend to accomplish at Zenith Bank PLC? 14. Tell me abo...

INTERVIEW QUESTIONS AT THE NIGERIAN STOCK EXCHANGE.

1. The Nigerian Stock Exchange has various financial services it renders. What  area of specialization do you prefer most? 2. At the Nigerian Stock Exchange, we take into consideration, continuous training of human resources, if you could expand your knowledge in any area of financial services, which area would you choose? 3. Tell me about your post secondary education and how do you think it will help your career at the Nigerian Stock Exchange? 4. When it comes to financial services, which area do you see as the most rewarding? 5. How do you cope with the new trends in the financial services industry? 6. In the financial services industry, integrity is required by the employees in the industry. Do you consider yourself as an honest and trustworthy person? 7. Due to the sensitivity of our business, in other to work for the Nigerian Stock Exchange, you must be able to pass a criminal background check. Are you willing to comply? 8. At NSE, we put a great pride in our cu...

LIKELY INTERVIEW QUESTIONS AT SHELL NIGERIA OIL PRODUCTS LIMITED

1. Your position requires your presence on work days, weekends and even public holidays. How do you cope with that? 2. What do you know about Shell? 3. Why do you want to work here? 4. Shell puts customers service ahead of other activities, how do you place the customers needs and satisfaction first? 5. In Shell, we have a clear return policy, how do you convince a customer confronting you about a potential return? 6. We have a strong employee honesty program in place at Shell Nigeria Oil Products Limited to prevent loss. What will you do if a co-worker is stealing the company's products or money? 7. In this position, you will handle customers transactions, Can you rate your mathematical skills on the scale of 1-10? 8. In this position, you are required to wear a uniform? Have you ever worn a work uniform before? And how do you feel about this? 9. Are you capable of making attractive retail display to our customers? 10. At Shell Nigeria, we stron...

Business Opportunities in Agriculture.

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...

HOT SECTORS IN NIGERIAN ECONOMY.

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...

THE TOP 10 CONSULTING FIRMS IN THE WORLD.

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 NATURE AND IMPORTANCE OF THE PROFESSION OF ACCOUNTING

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 ...

OPPORTUNITIES AROUND YOU

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 ...

Education & Academics , Are They The Same?

          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 AMONG STUDENTS IN TERTIARY INSTITUTIONS.

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. ...