Top 10 Performing Stocks In Nigeria Stock Market

In the previous week trading at the Nigeria stock market, Cutix Plc, Aviation Services and Logistics, ASL, ABC Transport, Chemical and Allied Products Plc, Cadbury Nigeria Plc, African Prudential Registrars, Courteville Business Solution, National Salt Company, Diamond Bank and United Bank for Africa recorded highest price rally to emerge the top ten gainers.

Cutix Plc listed in electronics and electrical products sector recorded the highest price gain to lead the pack. At the end of transactions last week, the stock went up by 44.52 percent or N0.65 to close at N2.11. It started the week at N1.46. The share price has so far risen by 75.83 percent year-to-date, rising from N1.20 in January to the present market price. Cutix manufactures electrical and telecommunication wires, armoured cables and plastic compounds.

How To Know When Your Small Scale Business Is Failing

Friend It is important for you as an entrepreneurs to be able to know when things are not working out. According to experts, statistics show that nine out of 10 start ups fail. This, they say, is an indication that small business owners have to ensure that they do their homework if their business is to survive.

The author of ‘Practical Steps to Financial Freedom and Independence’, Mr. Usiere Uko, says, “10 in 100 start-up businesses fold up in the first five years. Of the remaining 10, nine fold up in the next five years. So in 10 years, out of 100, only one is left standing. These are the odds.”

For an entrepreneur to successfully run a small business, Uko says, an entrepreneur has to be “ready to tread where angels dread”.