Nigerian Blogs Aggregator

Recent items

14:03
Stock analysis for value investing: The Price Earning Ratio (3)
» ‎ Read entry @ StockMarketNigeria.com

The P/E ratio also determines how expensive or cheap a stock is. It provides a better indicator compared with the actual market value. For instance, a stock priced at N10.00 with a P/E ratio of 50 is more expensive than that which currently sells for N50 with a P/E ratio of 12, assuming both companies have the same earnings growth rate. Again, observe that an assumption of similar growth rate has been made in the example. That is to say, the COMPANY’S GROWTH RATE will equally be indicative of how expensive or otherwise its share price is. A company out of companies within the same industry, having similar P/E ratio but a relatively lower growth rate could be overpriced. This interpretation must be balanced with further research because a cheap or undervalued stock may mean the company in question has unfavorable days ahead, hence apathy on the part of the market.

However, the foregoing notwithstanding, the P/E ratio, like most ratios, has its own shortcomings or call it limitations if you like. These shortcomings are as a result of the issues relating to the accounting practice or policy of a company, which determines the value of the Earning per Share. The fact that accounting information could be manipulated to influence this important variable in the computation of the P/E ratio is enough ground for caution in its application. It must not be seen as a ‘crystal ball’, but as a guide. More so, companies accounting policies and regional GAAP (Generally Accepted Accounting Principles) though in the same industry, vary, and some of these accounting policies/ GAAP have material affect on the final outcome of the bottom lines. So in essence, deductions may be made inadvertently on the basis of an ‘apple to oranges’ comparison.

Furthermore, in times of INFLATION which affects the valuation of assets, particularly inventories, making them seem undervalued due to risen replacement cost, P/E ratio tends to be lower, and considering the fact that a trend analysis of this ratio would often make more sense, the inflation factor may distort the trend.
13:53
Stock Investment for 2009 (1)
» ‎ Read entry @ StockMarketNigeria.com

.

The much awaited 2009 is finally here and as usual, making predictions is in the air as regards to what to expect during the next 12 months. I am not here to add to any of the predictions made, but if you ask me, every individual is entitled to personal opinion which can also be likened to predictions. My case would therefore not be different.

2008 was dramatic in itself as it most evidently did not live up to the expectation of majority if not all investors. The Nigerian market as well as other world markets experienced a sharp decline in profitability and activities which left so many devastated. This was beyond the wits of analysts and the like. That year has come and gone but its memories would no doubt affect the actions of many this year.

In 2009, CAUTION and PATIENCE should be the watchword for all investors. The market has proved that it has a power exceeding that of any individual existing. This was made evident as almost all policies put in place by the federal government did not have any tangible effect on the market. If there is one thing i have come to understand, it is that ” NO HUMAN BEING CAN CHANGE THE BEHAVIOUR OF ANOTHER MAN”.

This phrase also applies to the stock market. This is because the market is only a reflection of the activities of hundreds, thousands or even millions of individuals the world over. What happens everyday is as a result of the decisions of investors which is predicated on their beliefs and character. An investor that is fearful would most definitely offload shares not because that fundamentals are poor but because he hears that the world economy is crashing or because his best friend did so. By the time millions of individuals act like this, a ripple effect is created that would not be easy to curtail at once.
13:44
Stock Investment for 2009
» ‎ Read entry @ StockMarketNigeria.com

It should be recalled that by the end of 2007, the number of stock market investors increased by over 300 percent due to the boom it was experiencing then. All sorts of individuals came on board, from school undergraduates that lacked basic stocks acumen, to graduates that saw the market as a means to escape unemployment and make some money, to employed staffs that were given money by their companies to buy shares and so on. All these people are very relevant as their cumulative input becomes very tangible when viewed.

Dealing with the market is the same as dealing with all these individuals and like i said you can never change the nature of another man. So, in 2009, you need to be patient and apply caution because your anticipations and calculations might not always be the same with the man next door. If you ask me, investors should look more at MEDIUM to LONGTERM investments. This would give time for the ignorant ones in the market to jump out of the system. Playing short term might not really be profitable as it used to be before.

For those out there that believe they cannot stand the risk inherent in the market, you can probably start up a business with your capital and then allot some percentage of your profit for stock investment. This most likely would be a long term investment so you can focus on other things as long as you pick a good stock.

Things would definitely get better, but time is all that is for required. With the prices of most companies especially banks trading below their public offer prices that were conducted between 2006 till date, what we need is TIME, CAUTION and PATIENCE.

Happy Investment in 2009.

11:48
Interview with Paulette Erijo, Founder at Letche Technologies
» ‎ Read entry @ StartupsNigeria

It’s one of those moments again and I’m really excited to be interviewing a female technopreneur from Nigeria, Paulette Erijo, who is a social media consultant and founder at Letche Technologies.

In a recent email interview, Paulette shares with us insights into Enterprise 2.0 in Nigeria and how her start-up, Beezbox is set to push forward Enterprise 2.0 tools and technologies into the African market.

Enjoy the interview!;-)

SN: Please tell us briefly about yourself, your background and your interests.

Paulette: You already know my name, Paulette Erijo. Most people try to respell my surname not knowing they actually are misspelling it. Lately I’m a Social Media Consultant and I have been an IT consultant for a while where I focused on document management and knowledge management. It’s been over 7 years within the industry for me.

I’m the founder of Letche Technologies and a team player at Beezbox SAS. I’m still growing within the industry. I graduated from Southern Cross University where in studied Applied Computing. I guess you’d understand why I my interest in IT application in our everyday life is very strong. Coming to my interest, I enjoy quite a number of things even though my laptop has stolen the better part of me. I enjoy watching the NBAs, so I stay up late to watch the games. I enjoy good music, jazz, R&B, soft rock and classical.

SN: The focus of your work has been on engaging companies to creating communities that would connect their customers, partners and employees together. What have been your milestones?

Paulette: Internet technologies and trends are currently making a lot of noise globally and every right thinking business man out there is realizing that it’s just the beginning of the game. Especially for us who have followed it from the inception of web 2.0 to the stage it has grown today. The internet has become a more interactive and collaborative medium for all. So my goal is to offer businesses a platform to leverage the powerful tools that web 2.0 is offering to drive and meet their business goals. Along with major professionals out there, I’ve been part of the campaign for the use of online communities as the best way to engage the major parties that make up your business, your customers and employees. Hence the concept, “Social Networking in Business”.

SN: You recently launched Beezbox Enterprise 2.0 platform that has catered for the European web market. Any plans for the African web market?

Paulette: Beezbox Enterprise 2.0 platform was launched in 2007. Following its launch we launched our first application Beetnic social network on it and today we have launched other corporate social networks for different organizations but all of these have been for the European market. The African market was taken into consideration during this launch and that is why, while we had press release on media like Telecom TV in Europe we also had a PR in Thisday online in Nigeria. Africa is an emerging market but it’s also a market that needs a lot of patience when it comes to new technology. Two years back when I ask someone “do you know Facebook?” , I get a strange look like, “what’s that?”. The traffic from Africa to sites like Facebook a year back cannot be compared to what we have today.

More people are learning about this trend and getting engaged in using social sites on a daily base. So I’m putting the same weight on campaign in the African market like I am doing for the European market. With particular interest in trendy countries like Nigeria, South Africa, Ghana, Kenya, the list goes on.

SN: From your blog called Letche Blog, you wrote about plans to push Enterprise 2.0 in Nigeria. How do you intend to achieve this?

Paulette: Letche has segmented the Nigerian market into various industries. So ranging from financial, educational, oil & gas, telecoms, media and entertainment we have crafted target markets. Interestingly, one of Beezbox’s five social networking package University 2.0 was designed while studying the Nigerian market and its academic pattern. We intend to do a lot of preaching of Enterprise 2.0. We’re looking forward to carrying out our first networking event in 2010 where we can have decision makers from different enterprises come to speak about the benefits of E2.0. But before this can be achieved we have to build more E2.0 clients in Nigeria to join the global E2.0 family. The first quarter of 2009 is going to tell us a lot about how the market is going to grow. For every client that rolls with us, we intend to give a massive buzz like how we did for clients like Footemotion, Mnemos 2.0… Our plan is to offer social media consultancy service to any company or organization planning to ride the E2.0 trail and provide them our unique platform. Letche blog will remain our enterprise social network blog to educate more on E2.0 industry trends.

SN: What challenges do you envisage towards pushing Enterprise 2.0 in Nigeria?

Paulette: A major challenge will be a draw back from the oldies. Meaning the young , trendy and innovative driven employees and employers are more likely to be in my good book than those who are used to the old and traditional way of doing business. Unfortunately we have more oldies as decision makers. Another is the “know-it -all” IT crew. Statistics show that some IT team are always on our case, when it comes to ASP services, we don’t blame them we blame their limited exposure. But our aim is to gain their buy in at the end of the day. There’s got to be a win-win somewhere.

SN: How can companies in Nigeria participate in your Enterprise 2.0 platform and what are the benefits?

Paulette: Two steps: Companies have to wake up. They have to be ready to get involved with their customers. Customers want to be heard, they would move to a competitor that would give them a platform to listen, interact and collaborate. They want a better reason to identify with your brand. E2.0 will give you a competitive edge over your competitors.

Secondly, if performance and productivity means a lot to your business then is time to improve performance and meet business goals through improve employee collaboration. You can never go wrong with investing in E2.0, you just can’t go wrong. We have forecasted E2.0 to be your best investment for 2009 and beyond. If you are ready to roll you can always contact me.

SN: Do you think Nigeria is actually ready for the adoption of Enterprise 2.0?

Paulette: I have waited 2years for this moment. Are we here? Is the country ready? I think we are. We asked the same question during the uptake of mobile technology but today we have over 50million mobile users. Early adopters will see great benefits, and I’ll give a thumbs up to bullish companies who would step up.

SN: Where do you see Nigeria’s web 2.0 industry in the next 5 years and what role are you likely to be playing in this industry?

Paulette: I foresee a major impact in the next 5 years. I see big brands having their social sites. I see Nigerian brands going into other territories using web 2.0 as a medium. I see Nigeria web 2.0 industry making headlines like it did with GSM and 3g. For the first time we had Nigeria host GSM 3g West Africa conference in 2008 and same is planned for 2009. I see many new startups. I would be at the beck and call of any company seeking my service. I’m looking forward to seeing more professionals come up. I would continue to unleash innovative ideas with web 2.0 as we walk towards web 3.0. My fingers are crossed for Nigeria’s web 2.0 industry.

10:49
Man Can **FLY** If you watch one video in 2009, be it this.
» ‎ Read entry @ A Nijawife

wingsuit base jumping from Ali on Vimeo.

10:46
IYABABY: My Blog on Motherhood
» ‎ Read entry @ My Thots

Ok, I finally did it. I have started the blog on Motherhood as promised. Please check it out on www.iyababy.blogspot.com

9:40
The Bounty of Banana-Coffee Intercropping
» ‎ Read entry @ Timbuktu Chronicles

IITA's R4D reports:Growing coffee and banana forms the economic base for most of the small-scale farmers in much of Uganda and the surrounding highlands of Rwanda,Burundi, northwest Tanzania, and eastern Democratic Republic of Congo...The crops complement one another in terms of socioeconomic benefits to growers and farm families. Bananas provide permanent food and income security, doubling as a

8:37
Nigerian Pat Utomi has Big Plans for Media
» ‎ Read entry @ AfricanLoft

Patrick Utomi is a top Nigerian political economist, management consultant and entrepreneur who has made significant impact in the areas of social advocacy, banking (Bank PHB) and publishing (BusinessDay). He bares his mind (via Daily Sun, Nigeria) on his plans for the new year.

8:07
SISTER DEBORIAH TELLS US WHY SHE SUPPORTS POSITIVE POLYGAMY!
» ‎ Read entry @ Black Is Beautiful!

I understand the concepts of why a Honorable-Spritual man would have to take on multiple wives. The ultimate goal is to bring back Yah’s people and restore His Nation. The most important piece to it all is to esteem the Most High and give honor to him. I am a married woman who have most [...]

8:03
should okada be used in Nigeria as a means of commercial transportation in this century?
» ‎ Read entry @ My Pen and My Paper

“In the first place, should okada be used in Nigeria as a means of commercial transportation in this century? Is this not further exposing our failure to the world that out transport system has collapsed? Are we not going to resume the use of horses and donkeys for commercial purposes sooner or later in the [...]

8:01
Greater works than these…
» ‎ Read entry @ Yomi Says

Believe me that I am in the Father and the Father is in me, or else believe on account of the works themselves. “Truly, truly, I say to you, whoever believes in me will also do the works that I do; and greater works than these will he do, because I am going to [...]

6:22
Happy New Year
» ‎ Read entry @ PokeNosing

This is wishing you all a Merry Christmas and Happy New Year. I pray this Year brings us the best in all our endeavours.

5:49
A Private Experience: Short Story from Chimamanda
» ‎ Read entry @ Ore's Notes

New short story from Chimamanda Ngozi Adichie on the Guardian website.

5:27
Asa
» ‎ Read entry @ Africa Unchained

French Constantin Award winner-ASA. ASA music video 'Jailer' Uploaded by naiverecords via LadyBrille

5:10
Au revoir, YorubAtinuke....Hello, 2009.
» ‎ Read entry @ Yoruba

This is my last post on this blog. I may open a new one. I may decide not to blog anymore. I haven't made a decision yet. I am only sure that as much as YorubAtinuke has been a part of me for almost three years, we are now at the final hours. The blog has run its course and I feel it's time to move on. Every end of year, one hopes for the coming year, praying for a good start as this should be

5:09
Let Your Light Shine
» ‎ Read entry @ Yomi Says

Ye are the salt of the earth: but if the salt have lost his savour, wherewith shall it be salted? it is thenceforth good for nothing, but to be cast out, and to be trodden under foot of men. Ye are the light of the world. A city that is set [...]

3:14
The shoe as a political statement
» ‎ Read entry @ Black Looks

RN from Squatter City has started a new blog “Stealth of Nations” which reports on the global informal economy. In this latest post he reports on the sale of shoes under Eko Bridge in Lagos The Abassa Alakoro Market in Lagos, Nigeria. If Max Weber was right that “the ‘city’ is a market place,” then [...]SHARETHIS.addEntry({ title: "The shoe as a political statement", url: "http://www.blacklooks.org/2009/01/the_shoe_as_a_political_statement.html" });

1:36
Happy New Year
» ‎ Read entry @ Funmi Iyanda's Blog

Happy New Year

January 04, 2009
23:38
Pastor Adeboye, Nigeria’s Redeemed Christian Church of God General Overseer Listed among Global Elites
» ‎ Read entry @ AfricanLoft

What would a pentecostal preacher from Nigeria have in common with Barack Obama, Oprah Winfrey, and even al-Qaida leader Osama bin Laden? That Nigerian pentecostal preacher is Pastor E.A Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), whose name is listed among 49 others as the top 50 Global Elites by Newsweek [...]

22:33
So Long But Not Farewell
» ‎ Read entry @ Sugar is sweet, pepper is peppery

I'm going back to school guys so this effectively means the end of all blogging because my school server blocks facebook, blogging and anything that is good on the internet. However, this is not goodbye. I will be blog whenever I'm back home for the weekends. I think the best I'll be able to manage is twice a month but I promise, once I'm on holidays I'll be hopefully back on form. I'll see you guys around. The next time I'll be back is the 18th of January so check me out then. Pray for me. I have exams. See you soon.

17:01
Prophecies for 2009
» ‎ Read entry @ Yomi Says

Welcome to 2009!! Being a new year, it is time for superstitous, gullible church folks to be tossed to and fro with the supposed “prophecies” of certain men who claim to have heard from God. You know all those “Year of So-and-so” being declared all over the place; don’t you? For example, Mr. Chris Oyakhilome of [...]

12:42
The Art of Reading. Industry.
» ‎ Read entry @ eshuneutics

"Since reading is an industry in its own right somebody somewhere is getting the profits. Publishers, critics, lecturers, second-hand booksellers and shoplifters. It's a complete study of how parasites and their hosts exist...The hidden persuaders are well dug in behind the ramparts and they know exactly how to stimulate that kind of phoneyness which a complacent reading public takes for its own good taste."
Dambudzo Marechera, The Black Insider.

11:53
10 Things You Should Never Say to a Porn Star
» ‎ Read entry @ A Nijawife

Written by Emily McCombs

It’s AVN season, the time when porn stars dress up in their finest PVC attire and compete for awards in categories such “Best All-Girl 3-Way Sex Scene.” And for those lucky enough to be attending the AVN awards on January 10th in Las Vegas, it’s also the time when porn stars leap out of the DVD player and come to life to pose for pictures and sign your time-worn copy of “Jenna Loves Rocco.”

Luckily, adult entertainer and Wicked Girl Stormy Daniels (who is nominated for both “Best Supporting Actress” and “Crossover Star of the Year”) was kind enough to give us some pointers on how to keep your foot out of your mouth when faced with your favorite porn stars. Read on to find out 10 things you should never say to a porn star.

10. You’re too pretty to do porn. (So, you’re saying you would prefer to watch ugly people f*ck?)

9. Your vagina must be really worn out. (Mine isn’t nearly as bad as your mother’s after pushing such a giant idiot like you out of it.)

8. I would never watch porn. I think it is degrading to women. (Then how did you know my name? And my measurements? And my astrological sign? And my birthdate?)

7. How do I get my girlfriend/wife to do ________? (Ask her, not me. By the way, talking to me in the first place is not helping your cause.)

6. Wow! You’re so much prettier/younger/thinner in your photos. (Obviously your mother didn’t teach you anything and it is called Photoshop.)

5. I pleasured myself to you 10 times this week! (OK, I didn’t need to know precisely how pathetic you are. And stop trying to shake my hand. I now unfortunately know exactly where it has been.)

4. I could do porn. (No, you couldn’t. If you could, you already would be … and no, I will NOT audition you!)

3. Are those yours? (Well, I paid for them.)

2. Do you think you are going to hell? (Discussing religion with a porn star will get you as far as discussing porn with your grandmother … just don’t try it.)

1. I wanna take you out on a “real” date. ( I did not realize all my other ones were imaginary.)

6:21
Final pics
» ‎ Read entry @ naijablog (exp)

1. View from the bedroom, Oyster Bay Hotel

2. Tomb to Christianity, Zanzibar

3. Tippu Tip's house, Stone Town.
6:12
More
» ‎ Read entry @ naijablog (exp)
6:06
De plus en plus
» ‎ Read entry @ naijablog (exp)

1. Lounge, Oyster Bay Hotel (Dar)

2. Fountain, Oyster Bay Hotel

3. Bedroom

4. Mafia International airport departure and arrivals lounge

5. Zanzibar tomb
6:01
More photos
» ‎ Read entry @ naijablog (exp)

1. Girl at Oyster Bay beach, Dar Es Salaam, New Year's Day 2009.

2. Interesting name for a delivery company

3. Bibi at the beach, Zanzibar

5:16
Transgender 101: Transsexualism
» ‎ Read entry @ Black Looks

Transsexualism is the ism at the point of treatment for a condition referred to as “gender dysphoria” which crudely means, “an extreme discomfort with birth sex”. This can affect male, female or other bodied people. Transsexuals as a result come in MTF (male to female) which means the individual’s sex preference is female or to [...]SHARETHIS.addEntry({ title: "Transgender 101: Transsexualism", url: "http://www.blacklooks.org/2009/01/transgender_101_transsexualism_.html" });

4:53
Slave memories
» ‎ Read entry @ naijablog (exp)

Memorial to Arab slavery in Zanzibar (in the grounds of the Anglican Cathedral).
4:49
Dead tree and mangrove spikes
» ‎ Read entry @ naijablog (exp)
4:43
Dolphin bones
» ‎ Read entry @ naijablog (exp)

at Nungwi beach.
4:42
Nutmeg and mace
» ‎ Read entry @ naijablog (exp)
3:31
Mbweni Ruins
» ‎ Read entry @ naijablog (exp)

...where the ghosts of freed slave girls skip and dance about...
3:25
Get on the bus
» ‎ Read entry @ naijablog (exp)

Zanzi public transport
3:17
A Stone Town conversation
» ‎ Read entry @ naijablog (exp)

Stone Town (once the capital of Oman and known as Zanzibar, whereas the island is properly known as Unguja) houses often have a ledge around them, creating the perfect place to rest in the shade, watch life go by, or chat with a friend. Its a fascinating example of Islamic intimate space produced by a series of design measures that enhance social interaction and involvement.
3:12
Zanzibari politician, in repeat.
» ‎ Read entry @ naijablog (exp)
3:06
Zanzi henna
» ‎ Read entry @ naijablog (exp)
2:59
Jack Fruit
» ‎ Read entry @ naijablog (exp)

Hanging by the entrance to Mbweni Ruins hotel, Zanzibar. They are like giant custard apples/guanabana.
2:32
Zanzibar
» ‎ Read entry @ naijablog (exp)

Going to Zanzibar was a dream made real. The colour of the Indian Ocean was intense - a supersaturated turquoise with hints of emerald.

2:26
The Need for Skepticism
» ‎ Read entry @ Africa Unchained

When launching The Carnival of the Africans Micheal Meadon of Ionian Enchantment wrote:Africa as a whole needs science: it needs science to develop, to prosper, and to grow the reality-based community. So, as you'll see if you look at the guidelines, this carnival has an Africa-wide mandate: it covers any science or skeptical topic related to Africa and any science blogging by Africans. The aim,

January 03, 2009
23:01
Introducing Exhibit A
» ‎ Read entry @ My Life - Uncensored & Unscripted

Before I go on, let me tell you what I named Busola's baby. I named him Chidi, so henceforth, you can expect regular posts on Chidi. When a Yoruba person hears his name is Chidi, the response is usually, "Ah, omo Igbo ke???" LOL. It's been quite interesting to say the least. Busola and her hubby gave him other names which I do not care to mention because this is my blog darn it! Busola can go and open her own blog and tell every1 his Yoruba name. On Verastically Livin,' he shall be known as Chidi. Full Stop!!

On Thursday night, Busola said she needed her "stupid friends" to come and spend the night in her house the next day (Friday) and help her sort some baby clothes and all that stuff. In spite of the insult, Funmi and I gladly went. We really need to get some self respect. LOL. I got there before seven thirty PM; Funmi got there before midnight. She's always late. She was late too when God was distributing booties - hence Funmi's flat backside.

Anyway, taking care of Chidi was not easy ooo!! He woke up every hour for food and pooped every time I fed him. Busola left him for me and Funmi and went to bed, so I was the one waking up to take care of him because her royal highness, Funmi was snoozing. Twas a humbling experience. Made me wonder what life will be like when I have my confusingly identical twin boys. Well, I still want them all the same. No amount of poop cleaning will stop me from desiring them. Moving along...

Have you heard that if an adult drinks breast milk, it will make him retarded? Actually, it's not nice or right to say 'retarded.' The term is developmentally challenged. Curious about the veracity of this possible myth, I had to find out. You know how I love experimenting now! So what did I do??? Oh, it was quite simple actually. The genius in me just came up with a bright idea.

Her royal highness, Funmi was sipping on a glass of milk.....from a wine glass oo! Dunno what she was feeling like. She had to go into the bedroom to do some stuff, so she left her glass of milk on the table. Sitting on the table also was Chidi's feeding bottle. It had breast milk in it, so I thought..... hmmmmmmmmm why not pour some of this breast milk into Funmi's milk???? Hehehehehe. So of course I did! Funmi came out of the room and drank her milk. I had to hold myself from laughing. The funny thing is that she suspected I did it; just goes to show how predictable I am becoming. I need to change my strategies. Operation Make-An-Adult-Drink-Breast-Milk is complete!!

Now I'm watching Funmi for any adverse effects of drinking Busola's milk. The girl already acts developmentaly challenged, so it's hard to tell if her current actions have anything to do with the milk or if she's just being her regular self. I think I have to increase the dose. What do you think?

Oh, by the way, I tasted a drop of the milk too. My dose is nothing compared to Funmi's though. And no, I have not become developmentally challenged.

16:04
A fortunate New Year to all those journeying this way.
» ‎ Read entry @ eshuneutics

11:52
Big Fat Arse Sugar Management
» ‎ Read entry @ akin.blog-city.com
Scientists have found out that having a big bottom might just help in preventing diabetes - read on...
Leave Comment
Related Entries:

11:06
20 Weird Logos That Work (and Why They Do)
» ‎ Read entry @ A Nijawife

Nigerian Blogs Aggregator

Feeds

Recent items