News and Updates

List of Undergraduate Scholarships for Nigerians
Posted on Monday, April 15, 2013







9

some companies, organizations and various other bodies offer scholarships to undergraduates to study in Nigerian and foreign Universities, Colleges and Polytechnics. While some award full tuition scholarships, others only offer a specified amount (i.e. partial tuition).

Note that deadlines for some scholarships below might not fall within the present time. For these, you need to bear the deadlines in mind and start early to prepare for the next award. Also, for current and up to date information, be sure to visit or contact the sponsors through the contact details provided.

These scholarships are as listed below (see also Scholarship Boards in Nigeria):

  1. The Petroleum Technology Development Fund (PTDF), a parastatal of the Ministry of Petroleum
 Resources invites applications from suitably qualified Nigerians for the Masters (MSc) and PhD
 as well as Undergraduate Scholarships, under the PTDF Scholarship Scheme. The PTDF 
Scholarship will be awarded for studies in areas listed below, in the United Kingdom, France 
and upgraded Universities in Nigeria for the current session. However, the Undergraduate level
 will be awarded for studies in Nigeria only...read more.
  1. The University of East Anglia Faculty of Science and INTO University of East Anglia invites
 applications for the University of East Anglia, Faculty of Science Foundation Scholarships.
  1. Successful completion of the International Foundation programme (subject to meeting the
 specified course requirements) leads to direct entry to Year 1 of an undergraduate degree 
course at the University of East Anglia...read more.
  1. The Federal Government of Nigeria through the Federal Ministry of Education through the Federal
 Scholarship Board offers the Nigerian Scholarships Award Programmes Tenable In Nigerian 
Tertiary Institutions to Nigerian Postgraduate, Undergraduate, Higher National Diploma and 
National Certificate in Education students.
  1. The Honorable Minister of Education, hereby invites applications from qualified Nigerian students
 in Nigerian public tertiary institutions to participate in the selection interviews for scholarship
 awards tenable in Nigeria tertiary institutions...read more.
  1. The Federal Government of Nigeria through the Federal Ministry of Education through the
 Federal Scholarship Board is offering the Bilateral Educational Agreement (BEA) Oversea
 Scholarships to Nigerian undergraduate, masters and doctoral students.
  1. Bilateral Educational Agreement (BEA) Awards are scholarship awards made to eligible Nigerian
 youths after due process by development partners who have entered into Bilateral Educational
 agreement with Nigeria. Nigeria equally offers reciprocal awards to citizens of the following 
Bilateral Education Agreement countries: China, Romania, and Cuba...read more.
  1. Imo State is one of the states in Nigeria with a high literacy rate. The prestige of a family is 
determined by the number of educated persons it has produced. Interest in education is self
 evident from educational development efforts of communities. Such efforts include the provision
 of educational opportunities and physical structures for the advancement of knowledge.
  1. In fulfillment of his promise to extend free education to the State owned tertiary institutions,
 the Imo State governor in January 2012 distributed scholarship forms to students of Imo
 State origin.
  1. The Governor reiterated that the free education programme will commence in September
 2012 onwards, and that the free education programme will be extended to indigenes of Imo 
State schooling in other tertiary institutions during the second phase of the programme, adding
 that indigent students of the State owned schools that are non-indigenes will be given scholarships 
as well...read more.
  1. Out of his passion for underprivileged women and youth, Senator Ike Ekweremadu committed
 his time, energy and personal finances to establishing the Ikeoha Foundation in 1997. Since
 then the Foundation has grown into a leading charity organisation, one of the most stable
 providers of financial assistance for disadvantaged populations and students in tertiary institution.
  1. In furtherance of its annual educational advancement programme, Ikeoha Foundation in
 collaboration with the constituency office of Senator Ike Ekweremadu, CFR; announces the
 commencement of applications for its Scholarship Awards.
  1. Applications for the Scholarship Award are therefore invited from suitably qualified students 
of Enugu West Senatorial District origin. Applications are also invited from suitably qualified 
candidates of Igbo-Eze North and Enugu North LGAs origin...read more.
  1. The Oyo State Scholarship Board, one of the parastatals established by the Oyo State Government,
 provides scholarships to indigenes of Oyo state who intend to study or are currently studying in any
 tertiary institution(s) in Nigeria...read more.
  1. The scholarships are on offer to students from any African nation that are currently residing in 
Africa and are planning to commence their studies at Griffith University in January or July. 
Applications will be assessed on academic merit, demonstrated leadership and personal
 character. Applications should be sent directly to Griffith International...read more.
  1. The British American Tobacco Nigeria (BATN) / British American Tobacco Iseyin Agronomy
 (BATIA) Scholarship Scheme was established in 2004 to encourage the higher educational
 ambitions of children (aged 18 and above) of BATIA’s registered tobacco farmers.
  1. In 2005, the Scholarship Scheme’s scope was expanded to include eligible students from
 across the country. This expansion was based on stakeholder expectations raised at a 
stakeholder dialogue session.
  1. In continuation of its support for Nigeria's agricultural (and non-agricultural) development, 
British American Tobacco Nigeria (BATN), in conjunction with British American Tobacco Iseyin
 Agronomy (BATIA) invites applications from qualified Nigerian undergraduates, for the BATN/BATIA
 Scholarship Scheme in Nigerian Universities...read more.
  1. The Lagos State Scholarship Board is one of the earliest agencies established shortly after the
creation of the state. It was constituted through Executive Council Memorandum No LSEC (68)
 as an advisory and implementation organ on Scholarship awards. The Board administers both 
the Lagos State Local and Foreign Scholarship Awards.
  1. The Local Scholarship Award is for prospective students of Lagos State origin except otherwise
 directed by His Excellency. It was resuscitated in the year 2002. Students should be on full-time
 and not part-time studies...read more.
  1. Dr. Anita Borg (1949-2003) devoted her adult life to revolutionising the way we think about
 technology and dismantling barriers that keep women and minorities from entering computing 
and technology fields. Her combination of technical expertise and fearless vision continues to
 inspire and motivate countless women to become active participants and leaders in creating 
technology.
  1. As part of Google’s ongoing commitment to furthering Anita’s vision, the company is pleased
 to announce The Google Anita Borg Memorial Scholarship: Europe, the Middle East and Africa
. Through the scholarship, Google aims to encourage women to excel in computing and technology
, and become active role models and leaders...read more.
  1. The MTN Foundation provides financial support to over 500 eligible Science and Technology 
200 level/2nd year full time students in accredited public universities, polytechnics and colleges
 of education across the six geo-political zones in Nigeria. It covers tuition, book allowance and
 stipend (pocket allowance). Deadline falls within October/November...read more.
  1. Nigerian Agip Oil Company Limited (NAOC) operator of NNPC/ NAOC/ Phillips Joint Ventures in
 pursuance of its Community Development Program invites suitably qualified candidates for its
 Tertiary Institutions Scholarship Awards Scheme...read more.
  1. The Mankind United To Support Total Education (MUSTE) is a scholarship arm of Youth
 Empowerment and ICT Foundation registered with the Corporate Affairs Commission (CAC)
 in Abuja Nigeria on the 17th of November 2003. It is founded and funded by Mr. Jim Ovia with
 the aim of providing financial aid to outstanding Nigeria youths.
  1. The goal is to create a network of future leaders within Nigeria who can compete globally with 
their peers, bring new ideas, creativity and are committed to improving the lives and circumstances
 of people in their respective communities...read more.
  1. Each year, the Chief Gani Fawehinmi Scholarship Board announces Four million naira worth of
 Scholarships for Forty Nigerian Students of high academic standing in Nigerian institutions of 
higher learning to further their education. These scholarships are only for those who are registered
 in any of Nigeria's Tertiary institutions.
  1. Applications are invited for the Chief Gani Fawehinmi Annual Scholarship Awards for Nigerian
 students. From 2012/13, the award will be for 20 (twenty) students, each of whom will receive 
One hundred Thousand Naira (N100,000) for their education. Deadline falls around August 
each year...read more.
  1. The Shell Petroleum Development Company of Nigeria Limited (Operator of the NNPC/SHELL/
TEPN/AGIP Joint Venture) Scholarship Scheme offers first year students in all Nigerian 
universities the opportunity to study with an annual grant from the SPDC Joint Venture 
for the full duration of their course.
  1. Launched in 1960, this post-secondary scheme is open to all Nigerians studying degree
  2.  programmes in Nigerian universities. The programme aims to promote academic 
  3. excellence and improve skills-base among young Nigerians...read more.


  4. The Shell Nigeria Secondary School Scholarship Scheme is for host communities in Abia,
 Akwa Ibom, Bayelsa, Delta, Edo, Imo and Rivers states. Every year, an average of 2,600
 post-primary scholarships are awarded in the seven states. The Secondary School Scholarship
 Scheme is to help students pay through school, as well as enhance academic achievement in 
host communities...read more.
  1. The MTN Foundation (MTNF) in partnership with Musical Society of Nigeria (MUSON), announce
 its entrance examinations for the MTNF/MUSON Scholarship programme in diploma course in
 Music.
  1. The programme is targeted at Nigerian students with a flair for music, and it provides them the 
opportunity to acquire qualitative music education leading to the MUSON Diploma in Music...
read more.
  1. Kaplan International Colleges (KIC) works in partnership with leading universities to prepare 
international students for studying a bachelor’s or master’s degree in the UK. KIC has launched
 a scholarship scheme for Nigerian students...read more.
  1. The Nigeria LNG Undergraduate Scholarship Scheme started in 1998 as part of Nigeria LNG
 Limited’s Corporate Social Responsibility to Nigerian Citizens to enhance human capacity
 development. It involves the payment of a yearly Scholarship allowance to beneficiary
 Undergraduates in Tertiary Institutions in Nigeria. The purpose of the Nigeria LNG (NLNG)
 scholarship scheme is to promote academic excellence amongst undergraduates in tertiary
 institutions in Nigeria, in support of NLNG's commitment to sustainable development.Every
 year, the Nigeria LNG Limited calls on all interested Nigerian undergraduates in tertiary institutions
 in Nigeria to send in applications for the NLNG scholarship Award...read more.
  1. The GBAM Scholarships, a major aspect of Globacom's youth program - the G-BAM Hi5ive program
, empowers both the Secondary and Tertiary (University, College of Education, Polytechnic) student
 community in Nigeria by offering a scholarship of $5 million for 1,000 students.
  1. The G-BAM Hi5ive program offers the lowest call tariff ever in the Nigerian market, allowing 
subscribers call five special numbers at only five kobo per second, and offers a unique
 proposition to Nigerian youths by making the immensely popular social networking site 
Facebook free. It also offers subscribers several other attractive benefits including free 
airtime and free night calls...read more.
  1. ABC Transport Plc is offering a number of University Scholarship Awards to suitably qualified 
Nigerian students. Applications for the scholarship award are invited from full-time FIRST YEAR
 (100 LEVEL) degree students of the under-listed courses, in Nigerian universities: Engineering, 
Transport management, Purchasing/Supply, Business Administration, Accountancy, Materials
 management, Human resources, Public Administration, Mass communication, Computer science.
 Deadline falls within January...read more.
  1. The American University of Nigeria (AUN) is structured like American Universities and was created
 in partnership with the American University in Washington, DC. Most of the professors and
 administrators are either American or have many years of experience working in some of the 
finest universities in the United States. Now its primary academic partner in the US is Tulane
 University - a University that supports development efforts around the world.
  1. The American University of Nigeria scholarships exam is open to all students. This is to further
 promote and encourage bright students in their academic pursuit...read more.
  1. In line with its core value of sustainable development of host communities and the nation, and
 as part of the corporate social responsibility, Total Exploration and Production Nigeria Limited
 (TEPNG) is committed to contributing to human capacity development through the implementation
 of various categories of Education Assistance Award to support the educational development of the 
host communities. This effort is to boost the manpower base of the communities and prepare youths
 to take up challenging job opportunities within and outside the oil and gas industry...read more.
  1. As part of its support to educational development and human capacity building, Mobil Producing
 Nigeria, operator of NNPC/MPN Joint Venture awards annual scholarships to qualified students
 in Nigerian Universities...read more.
  1. NNPC / Addax Petroleum Tertiary Institutions National Merit Scholarship Awards Scheme
  2. Addax Petroleum Development (Nig) Limited offers National Tertiary Institutions Scholarship Awards
 Scheme in Nigeria. Addax Petroleum Development (Nig) Limited invites qualified candidates for its
 National Merit Tertiary Institutions Scholarship Awards Scheme...read more.
  1. Merry Hearts Scholarship Fund is an initiative of The Merry Hearts Foundation (MHF) Inc.
  2. The Merry Hearts Foundation is a non-profit initiative that reaches out to underprivileged pre-
university youths in impoverished regions of the world.
  1. It is constantly seeking ways to make a significant impact in educating and improving living 
conditions for those in need.
  1. We provide financial, moral, material and intellectual support in equipping students with the 
tools they need to succeed academically and socially...read more.
  1. The Nigerian Women Association of Georgia (NWAG) awards 37 one-time scholarships, on
e per state of origin as well as one for the Federal Capital Territory (FCT), in the amount of
 fifty thousand Naira each, to Nigerian female undergraduate students in Nigerian universities...
 read more.
Young Women's Scholarship Program

  1. The Peace Corps Nigeria Alumni Foundation (PCNAF) and the Association of Nigerian Women
 Leaders in Diaspora (ANWLD) are collaborating to award two $1000 scholarships to promising
 female college students of Nigerian heritage in the Washington, DC metropolitan area. The 
scholarship program was created in an effort to help ease the financial burden of students with 
outstanding academic and leadership potential who are facing difficulties securing the funds
 needed to complete their undergraduate studies because they have an international student
 visa and cannot seek outside employment to finance their education...read more.
  1. The Rivers State Goverment, through the Rivers State Sustainable Development Agency
 (RSSDA) invites applications from suitably qualified candidates of Rivers State origin for
 selection into the State Government’s Special Overseas Undergraduate Scholarship
 Programme for 2012/2013 session...read more.
  1. The Commonwealth Scholarship and Fellowship Plan (CSFP) is an international programme 
under which member governments offer scholarships and fellowships to citizens of other 
Commonwealth countries. The Commonwealth Scholarship Commission in the United 
Kingdom (CSC) is responsible for managing Britain’s contribution to the CSFP. 
Commonwealth Scholarships for students from developing Commonwealth countries 
are offered for Master’s, PhD, and split-site (PhD) study in the UK. These scholarships
 are funded by the UK Department for International Development (DFID)...read more.
  1. The University of Sheffield is pleased to offer a range of scholarships to students from Nigeria
 who show exceptional academic potential and are starting their studies at the University of 
Sheffield. The scholarships offered include: Faculty Undergraduate Scholarships, Nigeria
 Management Scholarships and Nigeria Merit Undergraduate Scholarships...read more.
  1. The Korean Government through the National Institute for International Education (NIIED) 
offers the Korean Government Scholarship Program for an undergraduate degree (KGSP-U).
  1. The objective of the Korean Government Scholarship Program for an undergraduate degree
 is to provide international students with an opportunity to conduct advanced studies at higher
 educational institutions in Korea in order to promote international exchanges in education and
 mutual friendship between the countries...read more.
  1. This program provides financial assistance to needy girls entering senior secondary school in
 Kano and Katsina states of northern Nigeria, where the number of girls out of school is extremely
 high. The program supports the scholarship recipients until they graduate. Each scholar will be
 chosen on the basis of her academic record, financial need and service to her community. 
PCNAF is collaborating with the Kano-based Inclusive Community Education and Development
 Association (ICEADA) to implement the program...read more.
  1. Nigeria is blessed with great academic resources and usually without a medium of harnessing 
expression. The scholarship program gives the opportunity to address these areas.
  1. Luz Neema Foundation (LNF) is an NGO (non-governmental organisation) and also not intended
 for profit, which has been legally constituted by the Corporate Affairs Commission (CAC) of Nigeria 
and the Ontario Corporation of Canada for the development of communities, as well as the grassroots. It is funded by the Canadian government, corporate organisations and individuals.
  1. Although LNF was incorporated with CAC since the 6th of October, 2011, full operations commenced
 from the 1st of March, 2012 with an invitation for the general public to apply for a scholarship to 
Canada...read more.
Last Updated: April 2013


Other related programs for Nigerians
  1. List of NLNG Awards and Funds for Undergraduate students
  2. List of Shell Nigeria SPDC Scholarships and Programmes
  3. Jay Jay Okocha scholarships for Nigerian students
  4. 2nd AfriHUB International IT Scholarship 2009
  5. Universities Upgrade and Endowment Program
  6. Tuition free universities in Europe
  7. University of Ghana Scholarships
  8. Commonwealth Scholarships (see also British council Nigeria/Commonwealth scholarship)
  9. Chevening Scholarship
  10. P&G® E.F.S Scholarships for International students (Europe, Middle East & Africa)
  11. University of Sheffields Undergraduate Scholarships
  12. DAAD undergraduate scholarships
  13. The ExxonMobil Middle East and North Africa Scholarships


Read more: http://www.studyandscholarships.com/2012/09/list-of-undergraduate-scholarships-for-nigerians.html#ixzz2V7Ril22u





HOW TO MAKE MONEY IN NIGERIA OFFLINE
Have you ever wanted to go into recharge card printing business and your mind is telling you not to do so because you will not make any money out of it, if so you are making a great mistake. In as much as GSM keep existing and people keep buying phones and making calls, the business will keep booming every day. Do you ever look at the business names or addresses in the printed recharge card before loading it. How many people print it in your area? Many people don’t go into recharge card business because they think you must be a computer wizard before you can print. It is not true; you only need a little computer knowledge on how to check your email. Printing with the software is very simple, though I will send the manual into your email before you start. I never thought I will expose this business to anybody even a friend but I have to do it because of what I saw in a motivational book I was reading that says: show your brother how to make their own living and the windows of heaven will open up for you.
REASON 2: a number of people going into the business will have to buy the printing software and manual through me, so call 07064595697 to get the software and printing manual for just #2,000 only.
HOW I CAME INTO THE BUSINESS
I have been into the business for the past two years (2011) after my graduation in UNICAL since 2005 without any job. I had no computer, printer or internet modem when I started, but thank God I have a phone that I use in browsing the net. I started the business with the sum of #28,700 with vinscommunications network at No. 1 Adegeyema Street, Off Allen Avenue, Ikeja Lagos. You can reach them through 08063810620, 08099068580. I registered with the company with the sum of #20,000 then and made the first order of #8,700 for 100 units, that is every #100 pin is sold at #87. Since I don’t have computer to start with I made use of one computer in the business centre by installing the software. When my pin is sent to me, I will download it to the memory card and insert the card reader into the computer. The printing software will locate the note pad (about 3kb) in the card reader, after printing I will cancel all the work in the software and pay them for the print out. I will advice my fellow graduates to come out of those endless job queue. It is true that the business will not give you the type of money you expect over night but I can assure you if you start with at least #50,000 (fifty thousand naira) you are sure of making the profit of #60,000 every month. If you are still in doubt of it ask those guys you know printing it in your area if they can tell you the truth, the banks always smile with them. If after reading this and the business is still not very clear to you, please visit me at No 12c Bola street Oyingbo, Lagos and see other things I produce with the little profit I have made from the recharge business within 2 years. The secret behind it is that you should not make the mistake I did when I started by printing above #100 naira denomination. 

There are other agents like BODLINK VOUCHERS in Oyo state. They Sells at #92. Their software #5,000 and registration at #20,000 reach them 08032030090 Email: Info@Bodlinkvouchers.com. 


RINGOTELECOMS
Address; 117 Allen Avenue, Ikeja (Tantalizer Building)Tel: 08032030771, Email: info@ringoshops.com. Their software and installation price is N15,000. You will be asked to bring your laptop to their office for installation and You can order for your pins from anywhere in Nigeria through e-mail. With a minimum of N95,000. you will be taught at the point of purchase on how to use software to print GSM vouchers.

For vinscommunications network, just keep calling their number, but if the customer care unit is too busy to pick the call, I wd prefer you send an sms to the message unit number: 08099068580 for a quicker response. Remember to tell them you are living in Lagos, if outside Lagos you registration will be rejected, asking you to look for other agents in your state. Vinscomm will allow you to use your own software for printing unlike Ringo and Bodlink. You will have to register with all the agents online to be in their database before they start selling pins to you, some of the agents will tell you the real amount of registration and some will keep it secret with a hidden charges like the banks. One thing I don’t like about vinscomm is their being slow and inability to pick calls quickly. But I feel it is because of the large numbers of customers they attend to.
There are other lincenced agents but I would advise you to buy from these three companies for some reasons. I am still a sub- agent as at now because of the millions of naira involved for one to be a direct agent but I am hoping to be one of the direct agent in the near future. For those who would like to be a direct agent (big players) but don’t know how to go about it call me on 07064595697 or meet me one-on-one. 
THERE ARE OTHER THINGS YOU CAN DO OFFLINE TO MAKE YOUR MONEY
1. Learn how to create web sites for some organizations and individuals .Creating website is very simple. It is now very very lucrative.
2. Make money snapping photograph: Get yourself a digital camera by doing so you will not have to buy photographic films, you will only spend only little amount of money buying glossy printing paper for printing out pictures. You will make your money through potential customers in the churches, traditional weddings ceremonies, naming ceremonies, football fields, birthday parties, house opening ceremonies, cocktail parties etc. digital camera is very simple to use and you hardly make mistake since your customers will view the picture you snapped before you print out. The least digital picture is charged between #200 or #300 and you may likely snap up to 20 people which is 20 x200=#4,000 at least for the day.
3. With the workshops I have been to and some items I am producing now I can assure you that if you venture into any of the following you gonna make it: air fresheners, liquid soap izza/dettol, insecticide, hair creams, bar/toilet soap, hair shampoo, detergent, bleach, perfume, toilet bowl cleanser(harpic equivalent), candle, school chalk, others are starting snail farm and pounded yam flour production Etc. to carry on with these productions and how to get your nafdac NO call on 07064595697 to get the ebook
Taking the production of liquid soap and snail farm production for instance

LIQUID SOAP PRODUCTION: you will need nitrosol(the thicken agent), water :soluble colour, formalin(preservative agent), caustic soda(for stain removing), soda ash(regulate caustic soda), sulphoric acid(the foaming agent) and the perfume for nice scent. please use good perfume like fragrance and you must wear hand gloves to avoid body contact. Get the ebook on how to mix it for space sake here.
SNAIL FARM:starting a snail farm is very simple, all you need is just a little space in where you are living. As for the feeding of the snail, it can be feed with large variety of foods like tubers, agric by products, fresh vegetables, fruits, leaves, cereals, fibers, drinks, even those foods you want to throw into dustbin

Small Business in Nigeria You Can Start With Less Than N50,000 And Still Make Good Profit





Starting a small business in Nigeria has never been easy considering what you'd have to go through to raise business capital towards setting up and running a profitable business. Basically, it's all about money money money! No Bank in Nigeria is willing to help small scale businesses, and Government seems to have no plan whatsoever for the citizens who needs business start up capital.

If you are contemplating any business, you are on your own if you don't have enough money to finance it. The worst part of it all is that most potential profitable small businesses in Nigeria needs much amount of money to get it started -- most times, far much beyond what average Nigerian small business aspirants can afford.

Small-business-in-NigeriaHave you ever had a business idea -- so bright that it was just a matter of get it started and the money starts rolling in, only to see the idea die because no money to kick start the business? That's what 70 percent of Nigeria Entrepreneurs experience on regular basis.

Sometimes, the little money you have can't just be enough to start anything reasonable no matter how hard you tried. Because of these, many people are finding it difficult to figure out any small business in Nigeria they can start with small amount of money and still make reasonable profit.I've taken the burdens off you by taking time to come up with small businesses that promises good ROI.

Below are some of the best small businesses in Nigeria that any aspiring Entrepreneur can start with N50,000 or less and make substantial profit in it.

1. Plantain Chips Making - Move around the street and you will see different brands of Plantain chips on sale and it sells very very fast. People just like chewing stuffs and there is no end to it, so if you can engage in the business of producing and supplying it, you will be making good money on daily basis.

All what you needed are: Big Frying Pan (N3,000) Small Sealing Machine (N15,000) The Nylons and Labels (N2,000) Other Utensils (N5,000) The rest N30,000 goes into buying of Plantains and logistics. Supply to the shops and to hawkers and you will be making your money.

2. Tokunbo Shoes - I like quality leather materials and that's why until recently, all my shoes and bags are bought from the used shoes and bag sellers. I used to get some top class shoes for N3,000 by the roadside back in those days when I can't really afford high quality designer shoes that cost N50,000 or more.

Many people out there are just like me -- Instead of patronizing those fake China shoes and bags, they prefer to buy high quality fairly used ones which last longer and confer you with more respect.

Get a nice place where you will be displaying your goods like in front on shopping malls. Go to Fairly used market (Katangowa or Aswani in Lagos) you may go to Seme Border or Kotonou. Select quality fairly used shoes, look for designs that are close to the latest fashion. N40,000 can get you up to 40 pairs of shoes. Sometimes you make profit of up to N3,000 from a single sell.

3. Used Books - You used to see them by the roadsides and you're wondering if the seller are making money from it? Try it and see! You will be surprised at the profit margin, and you will be amazed at the rate at which Nigerians buy different books.

Follow the same process as it is with the used shoes but you buy at different markets. Used books are sold in importers warehouses, locate one and go there to select nice used books, Children books, Professional books, Hand craft books, etc etc. These types of books sells very fast with high profit margin. N50,000 is more than enough for a starter.

4. Office Supply - People who works in offices finds it difficult to go out to the market to buy certain things like Wrist Watches, Shirts, Ties, and Perfumes. Help them do the shopping and charge moderately, don't be greedy like other suppliers who buys fake things for N1000 and wants to sell for N10,000 in the name of office.

If you are honest with your business and charge reasonably, you may even get huge supply contract form some of the people you will meet in those offices. N50,000 will do good in these type of small business in Nigeria and you will smile at the brisk business you will be making.

5. Road Side Foods Vending - If you are the hard working type, this small business in Nigeria may be for you. I've seen people buy cars and build house from this business. It's one of the few businesses that guarantees steady flow of profit no matter the weather, no matter the economic situation.

Specialize in cooking Jollof Rice and Beans, Moi moi, Fried Plantain, Custards, and Fried Eggs. You will be friend of the people and the people will be your friend! Look for a hot spot, like the bus stop, near Motor and Okada parks or busy shopping malls.

Thirty Thousand Naira (N30,000) will get you all the utensils and small tables and chairs. While N20,000 goes for food items and settlements.

Please if know any other profitable small businesses in Nigeria that one can start with N50,000 or less -- write in the comment box below and let's get the business started!

Top 50 Universities in Nigeria 2013- Ranking Published by National University Commission (NUC)

National University Commission, NUC, has released the list of the Top 50 Universities in Nigeria for 2013 so far. The University of Ibadan tops the list, they are followed by University of Lagos, Unilag and University of Benin, Uniben in second and third place respectively.
NUC - National Universities Commission
2013 TOP 50 University In Nigeria, NUC
1. University of Ibadan, UI
2. University of Lagos, Unilag
3. University of Benin, Uniben
4. Obafemi Awolowo University, OAU
5. Ahmadu Bello University, Abu
6. University of Ilorin, Unilorin
7. University of Jos, Unijos
8. University of Port Harcourt, Uniport
9. University of Maiduguri, Unimaid
10. University of Agriculture, Abeokuta,
11. Lagos State University, Lasu
12. Federal University of Technology, Futo
13. Covenant University, CU
14. University of Nigeria, UNN
15. Federal University of Technology, Futa
16. Nnamdi Azikiwe University, Unizik
17. Enugu State University of Science and Technology, Esut
18. Pan African University
19. Ladoke Akintola University of Technology. lautech
20. Modibbo Adama University of Technology
21. African University of Science and Technology
22. University of Uyo, Uniuyo
23. Bayero University Kano, Buk
24. Ambrose Alli University, AAU
25. Redeemer’s University,
26. Babcock University
27. Federal University of Technology,
28. University of Calabar, Unical
29. Michael Okpara University of Agriculture,
30. Ajayi Crowther University
31. Bowen University
32. Rivers State University of Science and Technology, Rsust
33. Lead City University
34. Crawford University
35. Abubakar Tafawa Balewa University, ATBU
36. Abia State University, Absu
37. Usmanu Danfodio University,
38. Igbinedion University
39. Imo State University, Imsu
40. Niger Delta University
41. Bells University of Technology
42. Kwara State University
43. Nasarawa State University
44. Caleb University
45. Obong University Obong
46. Adekunle Ajasin University
47. Ekiti State University,
48. American University of Nigeria
49. Joseph Ayo Babalola University
50. Veritas University Abuja

Bill Gates Takes Back Title Of World's Richest, Bumping Carlos Slim

Bill Gates is once again the world’s richest person, thanks in large part to a slide over the past few days in the price of Mexican stocks. Gates bumps Mexican telecom mogul Carlos Slim from his perch as world’s richest, a post Slim has held for the past four years.
The swap happened at the end of the trading day on Monday, after America Movil shares dropped 0.24% from Friday’s closing price. That tiny shift–one quarter of one percent–dragged the biggest part of Slim’s fortune down by $82.7 million. Meanwhile, Microsoft MSFT +0.35% shares rose 0.6%–yes, six tenths of one percent–from Friday’s closing price to Monday’s close, lifting this portion of Gates’ fortune by $88.4 million. With other holdings accounted for, Gates took the lead by just a hair, in billionaire terms: $140 million. Gates finished Monday’s trading with a fortune that Forbes estimates at $70 billion vs. Slim with $69.86 billion.
Slim’s fall from the top continued on Tuesday, when shares of America Movil sank another 1.55% by day’s end, dragging that piece of Slim’s fortune down by $529 million. The price of Microsoft dipped only slightly in Tuesday’s trading, 0.6%. That sent Gates’ stake in Microsoft down by $96.8 million. All in all, the gap between the billionaires’ fortunes widened to $504 million- real money for most of us, but not much to these two. Gates ended the day with a fortune we estimate at $69.9 billion vs. Slim with $69.4 billion.



The 100 Women Who Are Redefining Power

Our annual snapshot of the 100 top politicians and CEOs, activist billionaires and celebrities, next gen entrepreneurs and philanthropists who matter most. Continue check the list

The Top 10 Venture Investors In The World

The firms that get the most big exits are the ones that put the most partners on the list. Here are the best of the bunch. Continue CHECK THE LIST

1 comment: