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UBA to Support Businesses on Budgeting and Forecasting, Holds Workshop tomorrow

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Winners Emerge in 7th UBA Bumper Savings Account Promo

UBA to Support Businesses on Budgeting and Forecasting, Holds Workshop tomorrow

 

As part of its continuous effort to catalyse the growth and sustainability of Small and Medium-Scale businesses in Nigeria and Africa, Pan Africa Financial Institution, United Bank for Africa, (UBA) Plc will be hosting its next Business Series on Wednesday, March 17th, 2021.

The UBA Business Series, which is held quarterly, is a capacity building initiative where professional business leaders share insights on best business practices and how entrepreneurs can build a sustainable business empire especially in a challenging business environment in Africa, aggravated by the COVID 19 pandemic.

In this edition, which will be held via Microsoft Teams, UBA will host the founder, Accounting Hub, Chioma Ifeanyi-Eze, a seasoned accountant with years of experience across multinationals including PWC.

Ifeanyi-Eze will be speaking on Budgeting and forecasting for Business Growth and will give tips to business owners and intending start-ups on practical ways to ensure their businesses survive and thrive and essential strategies on how to recover and mitigate losses especially in these difficult operating environments in Africa and beyond

The open event will be held virtually by 2pm WAT on Wednesday, March 17, 2021 and interested participants can register via this link: http://bit.ly/UBASMEWorkshopMarch2021

UBA’s Group Head, Consumer and Retail Banking, Sampson Aneke, who spoke ahead of the event, said that far beyond banking services, UBA is interested in ensuring that customers and entrepreneurs run businesses that can stand the test of time, adding that the Business Series, will assist to arm business leaders with all the knowledge and experience required to take their businesses to the next level.

He said, “Even in this period of the pandemic, it is interesting to note that some businesses are still making it big. How? you will ask, these are some of the questions we will address in our seminar on Wednesday.

“Chioma Ifeanyi Eze, who is experienced in every sense of the word is willing to share insight with others on ways to grow their business and put it on firm footing as we try to move beyond this pandemic. I will advise everyone to tune in, even if you do not have a business, it is an opportunity to learn something new,” Aneke said.

This novel initiative is a quarterly enterprise championed by UBA, and has been instrumental in helping to support and elevate businesses to new highs for many years now.

United Bank for Africa is a leading pan-African financial institution offering banking services to more than twenty million customers globally. With footprint in 20 African countries and presence globally in the United Kingdom, the USA and France, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross border payments and remittances, trade finance and ancillary

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Dammat Collections Rolls Out 3 Days Birthday Sales

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Dammat Collections Rolls Out 3 Days Birthday Sales

Delectable CEO of Dammat collections, Ms Joshua Damilola Elizabeth is set to make her customers happy by organizing  a mouth watering three days birthday sales.
The three days birthday sales will run from 25th day of July till 27th, July 2024. According to her, there will be price splash on items such as Blender, pot, smartwatch and lots more. Also, there are free gifts on orders above N50, 000 and giveaway at the end of the sales.
Dammat collections which is one of the reputable online stores for dignitaries is known for quality products and services.
https://wa.me/message/EBWP4XSLLWAUG1 send a DM now. Household/kitchen items, and lots more will be on massive sales, 25th-27th of July. Save the date!!!

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10 Ways to Get a Good Deal on Your Home in Nigeria by Dennis Isong

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10 Ways to Get a Good Deal on Your Home in Nigeria by Dennis Isong

 

 

 

Buying a home is one of the biggest decisions you’ll make in your life. In Nigeria, where the real estate market can be tricky, it’s important to be smart and careful when looking for a good deal. This article you are about to read will give you 10 useful tips to help you make sure you’re getting the best value for your money when buying a home in Nigeria.

1. Do Your Homework on the Area

Before you even start looking at houses, it’s crucial to learn about the area where you want to live. Different parts of Nigeria have different prices and benefits. Some areas might be cheaper but far from good schools or markets. Others might be more expensive but safer or closer to your work.

Take time to visit different neighborhoods. Walk around, talk to people who live there, and get a feel for the place.
Ask yourself:
– Is it safe?
– Are there good roads?
– How’s the electricity supply?
– Is it close to important places like hospitals, schools, or your workplace?
– What’s the community like?

2. Set a Realistic Budget

It’s easy to get carried away when you’re looking at beautiful homes, but it’s important to stick to what you can afford. Before you start house hunting, sit down and figure out your budget.

Think about:
– How much money you have saved
– How much you can borrow from a bank
– Your monthly income and expenses

Remember, buying a home isn’t just about the price tag. You’ll need to think about other costs too, like:

– Lawyer fees
– Taxes
– Repairs or renovations
– Moving costs

Make sure you have some extra money set aside for these things. It’s always better to buy a slightly cheaper house and have money left over than to spend everything on the house and struggle later.

3. Use a Trusted Real Estate Agent

A good real estate agent can be your best friend when you’re looking for a home. They know the market, they have connections, and they can help you find deals that you might miss on your own.

But be careful – not all agents are trustworthy. Here’s how to find a good one:
– Ask friends or family for recommendations
– Look for agents with good reviews online
– Check if they’re registered with the Nigerian Institution of Estate Surveyors and Valuers (NIESV)
– Meet with a few different agents and see who you feel comfortable with

4. Don’t Rush – Take Your Time
Buying a home is a big decision, so don’t feel pressured to make it quickly. Some sellers or agents might try to rush you, saying things like “This deal won’t last long!” or “Someone else is interested in buying this house!”

Don’t fall for these tricks. It’s better to take your time and make sure you’re making the right choice. Visit the house more than once, at different times of the day. This will help you notice things you might miss on a quick visit, like noisy neighbors or bad traffic at certain hours.

If you feel rushed or pressured, that’s often a sign that something isn’t right. A good deal today will still be a good deal tomorrow.

5. Get a Professional Inspection
Never buy a house without having it checked by a professional inspector. This might cost a bit of money, but it can save you from much bigger costs in the future.

An inspector will look at things like:
– The foundation of the house
– The roof
– Electrical systems
– Plumbing
– Signs of pests or termites

They might find problems that you can’t see with your own eyes. If they do find issues, you can use this information to negotiate a lower price or ask the seller to fix the problems before you buy.

6. Check All the Legal Documents

In Nigeria, it’s very important to make sure all the legal papers for the house are in order. This can be confusing, but it’s crucial to avoid problems later. Here are some key documents to check:

– Certificate of Occupancy (C of O): This shows that the government has given permission for the land to be used for housing.
– Survey Plan: This shows the exact boundaries of the property.
– Deed of Assignment: This shows that the current owner has the right to sell the property.
– Tax clearance: This shows that all taxes on the property have been paid.

It’s a good idea to hire a lawyer who specializes in real estate to help you check these documents. They can spot any problems and make sure everything is legal and correct.

7. Negotiate the Price
Don’t be afraid to negotiate! The first price the seller asks for is often not their final price.
Here are some tips for negotiating:
– Start lower than you’re willing to pay. This gives you room to go up.
– Point out any problems with the house that might lower its value.
– Be ready to walk away if the price is too high. Sometimes, showing that you’re willing to look at other houses can make the seller more flexible.
– If the seller won’t lower the price, see if they’ll include other things, like furniture or appliances.

Remember, negotiating isn’t about winning or losing. It’s about finding a price that’s fair for both you and the seller.

8. Consider the Future
When you’re buying a home, don’t just think about your needs right now. Think about the future too.
Ask yourself:
– Will this house still be good for me in 5 or 10 years?
– If I have children, will there be enough space?
– Is the area likely to improve or get worse over time?
– Could I easily sell this house if I need to move?

Buying a home that will still be good for you in the future can save you money and stress in the long run.

9. Compare Prices of Similar Homes

To know if you’re getting a good deal, you need to know what other similar houses cost. This is called “comparing comparables” or “comps” for short.

Look at houses that are:
– In the same area
– About the same size
– In similar condition

You can find this information online, through your real estate agent, or by visiting open houses in the area. If the house you want is much more expensive than similar houses, that’s a sign that it might be overpriced.

10. Trust Your Instincts
Finally, trust your gut feeling. If something feels wrong about a deal, even if you can’t explain why, it’s okay to step back and think more.

Maybe the seller seems too eager to sell quickly. Maybe the price seems too good to be true. Or maybe you just don’t feel comfortable in the house.

These feelings are important. Buying a home is not just a financial decision – it’s also an emotional one. You should feel good about your choice.

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

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Rotary District 9112 Announces Plans To Plant 1000 Coconut Trees To Address Coastal Erosion

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Rotary District 9112 has announced plans to plant 1000 coconut trees to address coastal erosion in Lagos State.

Addressing a press briefing to herald its 2024/2025 rotary tree planting coastal restoration initiative scheduled to hold on July 21st 2024, in Lagos, the District Governor, Rotary International, District 9112, Rotarian Femi Adenekan, said the initiative to plant 1000 coconut trees along the coastal shores of the Atlantic Ocean, is an initiative it has taken up to protect the environment.

“We are here to prepare members of the public ahead of our event on Sunday, the 21st of July where we plan to plant 1000 coconut trees along the coastal shores of the Atlantic Ocean.

“This is an initiative we have taken up to protect us, because we often think it is to protect the environment, but we all know the environment will remain the way it is, but we are the ones changing the environment and if care is not taken, the environment would revolt against us.

“So we need to prepare ourselves against the calamity before humanity and this is why we are planting the 1000 trees along the coastal shores. We expect all members of the public to join us in this effort, but our target is to plant 10,000 trees throughout the year,” Adenekan noted.

On his part, the District Chair, Public Image Committee of Rotary International, District 9112, Mr Ehi Braimah, said the event was to discuss how to protect the environment, stating the urgent need to save the environment against the devastating impact of climate change.

“What we are doing is to focus on one of the seven areas of focus for Rotary International which is protecting the environment. We are planning to plant 10,000 seedlings of coconut, mango or any other seed all over the state, public institutions, coastal areas, private estates, schools and everywhere,” he averred.

The Chair, Tree Planting Committee, Rotary District 9112, Rotarian Gboyega Bada, said the District is determined to be strongly involved in helping to combat the challenges of climate change to have a safer and cleaner environment.

He added that the vision of the Rotary District on the tree planting for this year is achieving a safer and cleaner environment by planting 10000 seedlings of coconut, mango and other related crops that have economic, health and environmental benefits.

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