Cost of feeding from day one to maturity stage is 200 bags of foreign feed = N1,000,000. After the average weight of the fish was 1.7kg. And it was sold at 800 naira each. The output was 800×9800 fishes, due to 200 mortality. 800 x 9800 = N7,840,000.
Get MoreThe increasing need to build new residential houses, offices, churches, mosques, shop, schools, e.tc to accommodate the needs of Nigerians, these has made the cement mold ling business a very lucrative business in the country. 15 bags of cements can yield about 500 bags of cements blocks with these you could make about N20,000 per day, and N500,000 monthly income as …
Get MoreSnail farming in Nigeria is considered to be one of the most lucrative agribusiness you can start with low capital. Yet, it is one of the most neglected animal rearing business in these countries. Snail farming provides one of the finest opportunity to …
Get MoreThe petroleum industry accounts for about nine percent of Nigeria's GDP and for almost 90 percent of all export value . At the beginning of 2021, the …
Get MoreUPDATED 07 December 2021 - 07:18. Nampak, Africa's largest packaging group that has been trimming and simplifying its business, is confident that it …
Get MoreWe are in the cattle rearing business because we want to leverage on the vast opportunities available in the livestock farming industry, to contribute our quota in growing Nigeria economy, i raw materials production for industries, to export agriculture produce from Nigeria to other countries and over and above to make profit.
Get MoreFirst Bank of Nigeria Holdings recorded a profit of N40.79 billion in the first nine months of 2021. WAPCO. WAPCO made a profit of N40.39 billion in the nine months to September report of 2021. Stanbic IBTC. Stanbic IBTC made a profit of N39.95 billion in the first nine months of 2021. Seplat Energy
Get MoreIt also includes the tax on the profits of foreign companies carrying on any business in Nigeria. The CIT is paid by limited liability companies inclusive of the public limited liability companies. Resident companies are liable to corporate income tax (CIT) on their worldwide income while non-residents are subject to CIT on their Nigeria-source ...
Get MoreThe business tasks related to snail farming in Nigeria like financing, producing, servicing, processing, sorting, transporting and marketing can make a great sector of employment of unemployed people. Domestic snail farming in …
Get More"profits" means profits for the purpose of section 9 of this Act; "resident in Nigeria" in relation to a company, means a company the control and management of the business of which are exercised in Nigeria; "royalties" means and includes- (a) the amount of any rent as to which there is provision for its deduction from the
Get Moreps5 normal price is $500 ND as a Nigerian ur own price join $100 total cost $600 still the price too much for me. I'm not interested again Sha, thanks anyway. 6 Likes. Re: Crypto Currency Investors Thread by Paygram ( m ): 11:13am On Nov 29. seankafor: you guys are going about this market in a wrong way..
Get MoreSHARE CAPITAL OF A COMPANY IN NIGERIA The share capital is fundamental to a set up of a company. The extent of liabilities and dividends or profits of the owners of a company can only be determined by the number of shares subscribed to be the individual owners or shareholders. There are various types or classes of shares permissible under […]
Get MoreSand in Nigeria for sale Prices for Building Materials on . Jiji ng More than 53 Sand for sale Starting from ₦ 100 in Nigeria choose and buy Building Materials today Get your Granite stone dusts cements building Blocks size 9 and 6 sharp and filling sands for a very cheap and affordable prices You are well
Get MoreThe export business remains one of the most profitable businesses in the world, including Nigeria, with profit margins going anywhere from 30% to in some cases over . With the growing clamour by the Nigerian government for entrepreneurs should go into the export business, the need to effectively educate people on everything they need to ...
Get MoreBuilders need to lift a lot of sand, stone, cement and other ... the trucking and haulage business has attracted a lot of participants. In Nigeria and South Africa alone, more than 7,000 businesses are registered as truckers and haulage service providers. ... This income must be able to cover the costs of your freighting business for you to ...
Get MoreSection 23(1) of the Companies Income Tax Act (CITA) Cap C21,LFN 2004 states that the profit of any statutory, charitable, ecclesiastical, educational or other similar associations are exempted from companies income tax obligation provided such profits are not derived from any trade or business carried on by such an organization or association.
Get MoreNow when you think about the huge population of Nigeria (going to 200 million as at the time of writing this), you'll know why livestock farming business could be profitable in Nigeria. as the Nigerian community depends mostly on meat, especially from cows and chicken.
Get MoreReportedly, ExxonMobil alone posted a net income of $6.75bn in the third quarter, its highest profit since 2017, and has reportedly seen its revenue jump by 60 per cent on the same period last year.
Get MoreFor instance, rock and boulders can be difficult to remove, while sand and fine-grained materials can leak from the bucket. Contractor experience with various types of materials help determine impacts on dredging production rates. Section 4 - Overview of Equipment, Labor, Material, Production Rates, Indirect Costs and ...
Get MoreallAfrica.com: Nigeria: Sand Going Out of Reach. The 10 lane road construction from Lagos to Badagry, … Pointing out that the sand business is a profitable venture, … we sell a tipper of the same sand for N11, … »More detailed
Get MoreIn Nigeria, many unemployed graduates have reverted to an age-old profession, farming. Specifically, they start growing ginger. And they have been pooling th...
Get MoreSo let's move on to the top 50 fast-selling products you can import into Nigeria starting right now. Candle (With Sweet Fragrance Used For Decorations) Power Bank: Nobody likes carrying a smartphone without empty battery. Memory Cards: To save those precious files. Apple: Because an apple a day keeps the doctor away.
Get MoreNigerian multi-millionaire businessman Eruani Azibapu, 44, is the founder of Azikel Group, an $80 million (revenues) conglomerate with interests in sand dredging, aviation, agriculture, and energy.
Get More6. Hotels and hospitality business Hospitality business is one of the most profitable businesses in Nigeria. Hotels in Nigeria are profit making ventures even when poorly managed. Investing in hospitality business is also capital intensive but if properly managed will yield profits in wide margins that surpasses initial cost of investments.
Get MoreAt least six (6) staff working with Borno State Ministry of Work supervising the construction of about 45km Chibok-Damboa road were kidnapped by suspected members of dreaded Boko Haram/ISWAP ...
Get MoreBusiness interest: Cement, sugar, real estate and more. Abdul Samad Rabiu is one of the most successful entrepreneurs in Nigeria. He was born in 1960 in Kano to Khalifah Isyaku Rabiu, who was also a businessman. He studied at …
Get MoreProfit-making idea: 'Poultry is the future of protein production in Africa'. Published by. Staff Writer. on. 25 July 2021. Most people in Africa consume plenty of carbohydrates and fats but they don't eat enough protein, according to Roland Decorvet, CEO of PhilAfrica Foods.
Get MoreThe ever increasing deficit in housing supply in Nigeria which is estimated at over sixteen million {16,000,000} units and the need for the construction of other important infrastructure if the country is to meet up with the vision 20:2020 project of becoming amongst the top 20 economies in the world by 2020 continues to drive the need to sand ...
Get MorePlaster is N17,000 for a single tipper while sharp sand sells for N30,000 for the same truck load. The location where you want the sand to be dropped will attract an additional charge. There are...
Get MoreBy Dipo Olowookere. The poor performance of FBN Holdings Plc in the third quarter of 2021 weakened its profit in the first nine months of the year by 40.2 per cent, analysis of the company's financial statements by Business Post showed.. The results filed to the Nigerian Exchange (NGX) Limited revealed that in the period under review, the profit after tax (PAT) …
Get MoreThis is a business you can start from your backyard, but you have to be patient as it can take almost a year to mature. 3. Mini Importation Business: This is by far what most people engage in nowadays in Nigeria before the coronavirus pandemic began. If you source through the internet, you would find many e-books on how to import cheap goods ...
Get More11.Hotel Business-This is probably the coolest money making opportunity in Nigeria. Invest in small scale hotel of just 10 suites and watch as the money flows in. This has nothing to do with tourism boom of any kind; there is just something in Nigerians system that make this business very lucrative – Nigerians are jolly people!
Get More3. Required Equipment and Materials: N3Million – N5Million. 4. Employees and Human Resource: N100,000 Payroll per month. 1. Purchasing Land and Building the Factory: N5 million – N7 million. To start a pure water business in Nigeria, you need land, and depending on your capital, you can lease or build your own factory.
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