Posts

Showing posts from December, 2023

PRESIDENT BOLA AHMED TINUBU'S NEW YEAR ADDRESS TO THE NATION

Image
Dear Compatriots,   It gives me immense joy to welcome each and everyone of you - young and old- to this brand new year 2024. We must lift up our hands to Almighty God, in gratitude, for His grace and benevolence to our country and our lives in the year 2023 that has just gone by.   Though the past year was a very challenging one, it was eventful in so many ways. For our country, it was a transition year that saw a peaceful, orderly and successful transfer of power from one administration to another, marking yet another remarkable step in our  24 years of unbroken democracy.   It was a year, you the gracious people of this blessed nation, entrusted your faith in me with a clear mandate to make our country better, to revamp our economy, restore security within our borders, revitalise our floundering industrial sector,  boost agricultural production, increase national productivity and set our country on an irreversible path towards national greatness that we and f...

HAPPY NEW YEAR 2024

Image
Dear friend, i want you specially thank you for being there all along. I thank reading my post and for allowing me into your space. If i have i not served you well in 2023, i am sorry and i promise to do better in 2024. You are the best!  

HOW TO MANAGE YOUR FINANCES

Image
FINANCIAL MANAGEMENT BUDGETING Budgeting refers to an estimate of cost, revenue and resources over a specific period, reflecting a reading of future financial conditions and goals. A budget is a plan of action for achieving quantifiable objectives, as standard for measuring performance, and a tool for coping with foreseeable adverse situations. TYPES OF BUDGETS ü Operating Budget: This include Expense budget, Revenue Budget and Profit Budget. ü Capital Budget: This is also called capital expenditure budget. ü Financial Budget: This include Cash budget and Balance sheet budget HOW TO PREPARE A BUDGET Before preparing a budget, ask these questions: 1.      What is the period with which you are working 2.      What does your company want to accomplish most 3.      How will you accomplish that 4.      How much will it cost 5.      What are your funding sources ...

COST ACCOUNTING AND BREAK EVEN ANALYSIS

Image
Cost accounting provides the detailed cost data that management need to control current operations and plan for the future. DETERMINING PRODUCT/SERVICE COST To determine products or services cost you need to trace costs to products/services. Prime cost + Factory overheads = Cost of production Cost of production + Selling and Administration overheads = Total costs BREAK EVEN ANALYSIS It is a method of studying the relationship between revenue and cost, in relation to sales volume of a business enterprise, and the determination of volume of sales at which total costs are equal to revenue. Key Point: No profit, No loss or Zero profit and Zero loss = Break Even point. Break even point (in unit) =    Fixed expenses/ Selling price per unit – Marginal cost per unit Or                              =      ...

Check your Dashboard: Federal Government Grant and Loan

Image
  If you applied for the Federal government grants and loan via HERE and have completed your application, I have an important Information for you. First of  all, you need to login your dashboard, once you are logged in, you click on the "Status" menu. From the information page that appears: 1. If the first image you see here is what you see where the loan amount is displayed, then you are safe 2. But if your status displays like the second image without loan amount, then i think your application is likely to have not gone through or is not selected. You can contact support.  

Important Information from CAC

Image
  The Corporate Affairs Commission (CAC) has extended the deadline for companies to file their annual returns from January 1, 2024 to April 1, 2024. This extension is due to glitches on the company registration portal and in deference to the Micro, Small and Medium Enterprises sector. The CAC encourages all companies to take advantage of this extension to file their annual returns. If you haven't registered your business and you will like to register,  Chat with me on WhatApp on 08032607611

Acquisition (A Poem)

Image
  Proudly, his profession is Acquisition His is a professional acquisitionist Don’t ask me how, Ask me why, and thank God he is alive. Pilfering Master Master Pocket Picker Born in the street, consequentially grew to love black No, not black, but dark. He acquires all he wants uninvited in the dark Then the black uniform men caught up Locked in bars Cries to see the stars Shot a widow cold blooded And now her children cries.  

Civil Defence/Fire Service recruitment: what you should know before applying

Image
  The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) is inviting applications from suitably qualified candidates for full time appointment to fill existing vacancies in the following positions in the Federal Fire Service (FFS). The Categories are: Category A: INSPECTORATE CADRE Inspector Of Fire (IF) CONPASS 07 (Nursing) Applicants  must be Registered Nurses (RN), Registered Midwives (RM), Registered Nurses/Midwives (RNIM)  obtained from recognized institutions Assistant Inspector Of Fire (AIF), CONPASS 06 Applicants  must be holders of NCE or National Diploma (ND) in any related field , obtained from any recognized Polytechnic/Institution. Category B: ASSISTANT CADRE Fire Assistant II (FA II) CONPASS 04 Applicants  must be holders of GCE Ordinary level, SSCE/NECO or other equivalents with a maximum of five (5) credits in not more than two sittings , which should include English and Mathematics. Fire Assistant III (FAIII), Appliance Dr...