income – InfoStride News

Study Shows 42% of Nigerian SMEs Can’t Survive a Month Without Income — Moniepoint

Temitope Nlewemchi — Sat, 11 Oct 2025 17:43:49 +0000

A new study conducted by Moniepoint Inc., one of Nigeria’s leading financial technology firms, has revealed that 42 percent of small and medium-sized enterprises (SMEs) in the country would be unable to sustain their operations for more than a month without regular income inflows. The report highlights the fragile financial health of many small businesses [...]

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Understanding the 50/30/20 Rule: A Practical Guide to Budgeting

Adewale A. — Sat, 23 Nov 2024 09:47:47 +0000

The 50/30/20 rule is a straightforward method to manage your finances effectively by dividing your income into three key categories: needs, wants, and savings. Here’s how it works: Allocate 50% of Your Income to ‘Needs’ Start by setting aside half of your monthly income for essential expenses – the things you can’t live without. This [...]

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CBN dishes directions on disposal of non-permissible income

Temitope Nlewemchi — Sun, 17 Oct 2021 21:38:19 +0000

The Central Bank of Nigeria (CBN) has given a directive on the disposal of Non-Permissible Income (NPI) for Non-Interest Financial Institutions (NIFI). This was disclosed by the CBN in a statement signed by the Director, Financial Policy and Regulation, Chibuzo Efobi, said the guidelines were issued as part of efforts to standardise the treatment and [...]

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I’m Not Reliant On Movie Income – OC Ukeje

David Folami — Sun, 14 Aug 2016 16:56:35 +0000

Nollywood actor, OC Ukeje, has disclosed that he does not depend on the income he makes from his impressive acting career. He maintained that it will be to his detriment if he does. Ukeje revealed this in an interview with Punch News, while commenting on the suggestion that he charges too much and does not [...]

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Emir Of Kano Renovate Church With Personal Income

David Folami — Tue, 15 Mar 2016 02:43:15 +0000

The Emir of Kano, Mallam Muhammadu Sanusi ll revealed to religious leaders that he had once used his personal income to renovate a church that got ruined during the religious clash at Rogo local government area in Kano. His Royal Highness, Muhammad Sanusi II, while giving a speech at the one-day Inter-Religious and Community Conference [...]

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