Step up and improve your habits – Personal finance matters

by Nigerian Information Directory on April 11, 2012 · 0 comments

in Personal Finance

Being financially responsible doesn’t only mean that you can handle your present finances well and are at par with your payments. It also means that you are preparing slowly for the future, that time of your life when you will be without a job and have to support yourself just by money from savings. Social security can’t provide much and it definitely can’t provide a comfortable life if not a luxurious one. Thus it is important that Read More →

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Top 10 Personal Finance & Budgeting Tips

by Nigerian Information Directory on March 28, 2012 · 0 comments

in Finance & Investments, Personal Finance

Personal finance is essential, and there are several things that anyone can do to maximize their spending power. Here are 10 of the most essential finance and budgeting tips.

1. Listen to history. There are a number of different financial situations that commonly recur. Capitalism is based on periods that swing between depression and expansion. Read More →

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Current Debt Situation of Nigeria – Is the condition really bad?

by Nigerian Information Directory on February 29, 2012 · 3 comments

in Business News, Business News, Financial News

The current state of the country of is not very pleasant with domestic hovering over it like a large carrion bird. It is imperative for the country to keep a watch over its domestic in order to ensure that it does not crowd out the private sector through the domestic market and as a result of this stifle the real sector. Read More →

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Is China good for Africa? A Round-up

by Nigerian Information Directory on February 27, 2012 · 1 comment

in Business News, Business News, Financial News

Michael Smith at Pure FX

Chinese investment in Africa has become a widely publicised issue, as democracies in the West ponder both Chinese intentions and whether they themselves have not missed an opportunity.

But is widespread Chinese presence in Africa a good thing? To help you decide, here is collection of some of the best articles and debates on the subject out there. Read More →

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10 Ways to Make Money from Your Blog

by Nigerian Information Directory on November 2, 2011 · 5 comments

in Blogging For Money, Online Business, Personal Finance

Making money from home while blogging can only happen when you’ve put the right thing in place – you can’t make money from your blog if you don’t have the right system set-up. Many people started blogging for the purpose of making money from their website because some people are doing it successfully. Little do these people know that they can’t make money without taking time to give a value that can convince people to pour out money from their pocket.

If you’ve been struggling to make money from your website as a blogger, this article will be showing you the perfect ten ways to make money from your blog starting from today hassle-free.

I have compiled ten steps that have been working for me for a very long time on my gravity defyer and 48hourprint coupon and discount promotion blog so that you can also make use of it to start making money from your blog.

Ad networks

There are many services that falls in this category. Services like ozone media, pubmatic, Networkplay, paypod deliver their ads to different websites on the internet and you as a blogger can make use of such platforms to make money from your blog.

Cost per impression

Cost per impression advertisements works in a way whereby you place some ads on your blog and get paid for it every time people view your website pages. That is why it is called cost per impression (CPM); you get paid per impression on the advert.

Cost per click or Pay per click

The perfect example for this is one is Google AdSense, Google and some other cost per click platforms will give you some code to insert into your webpages and every time people clicks on the ads, you will get paid. Millions of webmasters are using these techniques on their websites every day.

Cost per acquisition

Apart from every click your site generated from the ads placed on your website pages, you can still make more money from that same ad when the clicks generated sales for the publisher of the ad.

On every sale you generated from a click from your blog, you will get paid for referring people to the sales page of the company in question.

Video advertising

There are a lot of video advertising platforms on the internet that you can choose from. Video ads can even help you rank higher on google and some other search engines than the normal text ads.

You just insert some code into your website that will be showing Youtube videos on your website for people to view and you will get paid per view.

Image ads

Have ever watch any video on youtube when you will notice that an ads popped up to the screen? If yes, you can also use that same technique on all the images on your site to get more money. The advert will be showing on all the images on your site.

There are websites such as embedAnything.com, britepic.com, imagespacemedia.com etc. that you can use for this task.

Classifieds Ads

If your website has a shopping cart, you can sell classified ads on it to make money.

Sponsorships

You can get sponsors that can help you sponsor your website for money-making  partnership. If you have good traffic records on your website, your chance of making money from your website is very certain.

You may be thinking that how are you going to get sponsors… it is very simple. Make your website popular and you get one soon.

Text link ads

This is one of the best way blogger can use to make money online.

In this type, the blogger can place ads directly to the blog posts. For example, let’s say you’re writing about how to make money online and, you can then insert a text link ad of a company that involves in money management and you will see that your clients will get visitors on their site because you’re selling their links to the target people they want.

Affiliation

You can as well affiliate with other companies to help them promote their products to your readers and get paid on commission basis on every sale that comes from your link.

These are the top ten ways you can use to make money on your blog as a blogger without stressing yourself right from your home.

Olawale is a tech blogger who loves to share discounts and coupons offers like gravity defyer code and 48hourprint promo codes on his blog. You can access them here gravity defyer code and 48hourprint promo codes

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Online Business 101: The Manager’s Capabilities

by Nigerian Information Directory on October 20, 2011 · 1 comment

in Business News, Online Business

There are a lot of things to be considered when you are planning to have an online of your own. We all know that the number of people who are into online is increasing and so the competition is also rising. A successful person should be capable of this the following:

The Capability to Systematize

Having this ability will fasten up your work. It enables the person to organize the written and the recorded works for the day. We all know that a day is only consist of 24 hours, but if you are capable of creating systems that can be learned and replicated it will result to your success and your business’ growth.

In systemizing things about your business, the most important aspect for you to consider is people management. You should know how to handle both your clients and your workers. Knowing what to prioritize will make things easier.

The Capability to Organize your Time

In business, every seconds count. Owners have the passion to work so it is hard for them to stop working when they have started doing things about their business. The Promodoro Technique or also known as “Time Management” is practiced by some people. There are actually (3) five basic steps in implementing this technique. (1) Decide on the task to be done- do things one at a time. You can segregate the works that needs more working time from those works that needs fewer working time. (2) Set promodoro (timer) to 25 minutes- having a break from work is helpful. Work on the task until timer rings. Of course at first it will be hard for people to follow this basic step but as they continue doing it, their systems will be used to it and they will have enough rest and somehow improve their mental agility which will result for them to produce a better and a useful outcomes.

The Capability to Take Action

“Actions speaks louder than words”, is a common expression. And in the business world, this quote means a lot. If you have the ideas in your mind, why not put it into action. You won’t be successful if you will just sit in your chair and look at your mails. Always bear in mind that the core requirement in online business is “ACTION”.

The Capability to Cross Sell

This is the action or the practice of selling among or between established clients, markets, and traders. I think you should know that there are (3) three kind of cross-selling. The first is the selling of add-on services. An example to this is a Life Insurance company who suggests the costumer to sign up for a health or car insurance. The second kind of cross-selling is that the provider of the service will get additional needs and services from the client. These needs are not related to the client’s first demand. And lastly, the cross-selling which is also called selling a solution. In this case, a customer who is buying an air conditioner is given a package of both the air conditioner and the installation service.

If you are capable of cross- selling then there is a possibility that your income will increase and it can also be a way to protect the relationship that you have with your clients, vice versa.

The Capability to Manage Client and Customer Expectations

Surprising your clients or even your customers with the things that are not asked of you to do will definitely boost their confidence upon trusting working loads to you.

As you give them extra credits, you should also keep in mind that you and your client should have a complete agreement with the price and the extent of projects you make within every stage. Don’t forget to have a record for it. Records can be written or recorded.

Having these abilities listed above, you can assure that you will never be wrong upon managing your online business. As your business progress, your skills are improving too. Just keep in mind that in the business world, the fittest and the most capable of doing things for the clients and the customer will have the glory.

About the Author: Althea writes for Computers in Personnel, a privately owned business that provides HR software and other HR outsourcing services.

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5 Reasons Why You Can Get Refused a Loan

by Nigerian Information Directory on October 12, 2011 · 0 comments

in Business News, Investment Tips, Personal Finance, Starting a Business

There is no guarantee that once you apply for a loan you would be approved to obtain the amount. Many loan applications are turned down by lenders. This has been more evident recently as banks have become stricter when it comes to processing and approving loans. No one could blame the lenders because it is their prerogative to approve or disapprove any lending application.

Are you planning to soon apply for a loan? Your first step should be to find ideal loan providers and appropriate lending products that may suit your current financial condition. Second, you should prepare all necessary requirements. Third, you should understand how loan applications are processed. In this regard, you should know the top five reasons for loan disapprovals.

1. Your credit scores may be low. Always remember that loan providers always check out credit history of loan applicants. This is a necessary measure to make sure lenders are not taking too much risk on lending you money. Of course, if your credit record is good, lenders could easily consider your application. Otherwise, you may have to find other lending options or products, especially those for people with bad credit.

2. The loan application form may have inaccuracies. Loan providers are strict when it comes to information you disclose on your loan application form. If there is any incorrect information in your address, birth date, or references, loan providers would easily be on the guard. If lenders could not trust you about such small details, how could they entrust to you a huge amount of money?

3. You are currently in a management program or plan. Again, lenders would surely find out about such information even if you intentionally do not disclose it. No lender would easily consider your loan application if you are in such a program. That is quite logical. Lenders would surely doubt about your ability to take in another loan especially now that you may be having a hard time managing your current debts and finances.

4. Your collateral or loan security may not be valuable to the loan provider. Secured loans are always more recommended than unsecured ones. Secured facilities usually come with lower interest rates and higher loan amounts. However, lenders could be stricter when evaluating properties or assets that you surrender as loan security. They would always make sure that once you default on your loan, the properties could be liquidated to generate more than the amount you borrowed.

5. Your guarantor may not be qualified to co-own your loan. It could also be that the guarantor currently co-owns another huge loan. Most loan providers believe that it is just unfair and improper to burden any party or individual with multiple loans.

Are you ready to file a loan application? These should serve as your guide so you could ensure approval. Also be reminded that loan providers also consider loan amounts significantly. Small loans could possibly be approved instantly if you have submitted all requirements. Huge loans might take some time to get approval as lenders need to first deliberate your application and credit standing.

Andrew is a regular blog guest author. He has been writing on a variety of topics, but specialises in debt relief and bad credit loans

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2 Afribank directors resign

by Nigerian Information Directory on July 18, 2011 · 0 comments

in Business News, Business News

LAGOS — Two directors of Afribank have resigned following disagreement between the board of the bank and the Central Bank of (CBN) over choice of core investor.

Though the two directors namely, Alhaji Bala Zakariya’u and Emeka Okwuosa, said they were resigning on “personal grounds,” investigations revealed that they probably left as a result of some development in the bank they found uncomfortable. These include the poor financial performance of the bank and the disagreement between the board and the CBN over the choice of core investor to acquire the bank as part of its recapitalisation efforts.

The first quarter financial results of the bank for this year is said to have been worse than the result posted before the intervention of the Central Bank of Nigeria (CBN) in 2009. Many members of the board were also said to have been uncomfortable with this development.

Afribank is one of the nine banks the Central Bank of Nigeria (CBN) assumed control after sacking its management in 2009. The CBN’s reason for the takeover was under capitalisation and mismanagement and needed to be ‘rescued’.

The bank was therefore directed by the CBN to inject fresh funds to shore up its capital base. However two attempts by the board to recapitalize the bank was rejected by the CBN because the Governor was not ‘comfortable’ with the proposals.

A foreign investor that was to bring in funds was rejected by the CBN on the grounds that they once served as consultants to the bank and were therefore ruled out on ‘conflict of interest’. But just before negotiations could be concluded with the investor, the CBN objected with a directive to go to Fidelity Bank.

The board of directors at this point was said to have written the CBN saying that if it would not accept the preferred investor they too would have nothing to do with Fidelity Bank.

Zakariya’u and Okwuosa, it was gathered did not want to be part of this development and hence decided to resign from the board.

It would be recalled that the CBN appointed managing director of Afribank, Mr. Nebolisa Arah was for many years the managing director and chief executive of Fidelity Bank.

Source: Vanguardngr.com

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