Mint Money Easily: 2013

HOW TO MAKE MONEY FROM BULK SMS BUSINESS IN NIGERIA

Bulk SMS is the new business idea rocking right now in naija. Online Forex Trading seems to have lost its appeal. At least those who want to be a millionaire overnight are no longer seeing forex trading as the way to get rich overnight. No thanks to those who have exposed the deceit behind those Forex Trading Seminars. David Ajao won’t be forgiven by many of the con artist. I learnt that the sale of automatic forext trading robots to naija newbie forex traders have dropped significantly.

Guys abeg make we no forget wetin we be want talk

What is bulk SMS by the way?

First, SMS means Short Message Service . Bulk SMS is simply a way of sending simple text messages to numerous contacts at once using the internet instead of your cellphone and you need not go through your telecom service provider. Am not quite sure the Nigerian Telecom operators such as MTN, Glo, Celtel, Zain, Etisalat etc love this idea, because it robs them of the abnormal revenue they make from Nigerians for each SMS sent via their networks. The telecom providers charges for SMS is higher than that offered by bulk SMS resellers.

Why use Bulk SMS?

I just told you.

1. It is cheaper. Unlike your service provider who will charge a higher fee for delivering the same text to a contact on a different network, bulk SMS gateways will deliver all SMS messages at the same flat rate irrespective of the destination.

2. It is easier to send to numerous contacts. Actually toyou can send SMS to millions, within a short time, for example, you can send a message to a million contact in less than five minutes. Once you have purchased the required credit, you upload a list of the contacts and write out the SMS message. One click will send to 1 contact or 1million contact, it is simply your choice.

3. You can schedule the delivery. This is another great feature. You can actually write a message now and schedule it to be delivered at a later date.

Bulk SMS Reseller Business

Ok, so how do I make money online from bulk SMS reselling. Simple, get a free reseller account at http://www.gbnsms.com . and buy for as low as N0.99K/sms
Once you get a reseller account, the next step is to get clients. Yes, you need people who will buy smaller packages of the bulk SMS from you . For example, if you buy 5,000 units of SMS at the rate of N0.99k, you can offer to sell each packages of 200units at 300naira. That is far cheaper to the 5naira that Nigerian service providers charge per SMS, so be rest assured you have a ready market.
Also, you can design a website and have your own online resellers through out the country. you may also offer to send SMS on behalf of people. Once they pay you, you simply send the SMS on their behalf to the list of contact they provide at the point of sale. This is a cool business for youngsters. You can sell the service to those wanting to announce an event e.g. a wedding ceremony, burial ceremony or a corporate event, churches or political bodies. I guess you’ve received such an SMS in recent times.

Own Your Own Bulk SMS Website
If you intend to make so much money in this business, i encourage you to have your own bulk sms website. People will be paying into your bank account even while you sleep and sending bulk sms. To build a powerful and professional bulk sms website within 5 hours, visit: http://www.gbnsms.com they will help you build your own bulk sms website within 5 hours and install the sms software. This will give you full control over your site. you can equally put google adsense in the website.
you can buy bulk sms very cheap (N0.99k/sms) from them and sell to make very high profit margin.

Will Bulk SMS Reselling Make me a millionaire?

Well, it all depends on you. Several successful entrepreneurs started off with business ideas that didn’t look promising, and yet they became financial giants. If you get yourself equipped with the right knowledge, set a goal for yourself and work persistently on it, this may actually give you an opportunity to make your first million. However, I must warn you that it will not happen overnight. I personally made so much money during the political season.

50 Things You Didn't Know About Africa

What is ADI?

The Africa Development Indicators 2011 provides the most detailed collection of data on Africa. It contains macroeconomic, sectoral, and social indicators, covering 53 African countries. The ADI is designed to provide all those interested in Africa with a focused and convenient set of data to monitor development programs and aid flows in the region. It is also an invaluable reference tool for analysts and policymakers who want a better understanding of the economic and social developments occurring in Africa

Areas covered by the ADI book:

• Basic indicators

• National and fiscal accounts

• External accounts and exchange rates

• Millennium Development Goals

• Private sector development

• Trade and regional integration

• Infrastructure

• Human development

• Agriculture, rural development, and environment

• Labor, migration, and population

• HIV/AIDS and malaria

• Capable states and partnership

• Paris Declaration indicators

• Governance and polity

Additional data may be found on the companion CD-ROM -- World Bank Africa Development Indicators Database 2011 -- covering about 1,700 indicators from 1960 to 2009. These series provide analysts data needed to help place the most recent years in a historical context.

The Africa Development Indicators suite of products is produced by the Office of the Chief Economist for the World Bank’s Africa Region.

For more information about Africa Development Indicators and its companion products, please visit www.worldbank.org/adi

You can email us at ADI@worldbank.org.

The cutoff date for data is May 2011.

Data reference of the factoids is 2009 unless specified.

ECONOMY

• Nigeria has the largest population in Sub-Saharan Africa (154.7 million people) and accounts for 18% of the continent's total population.

• South Africa’s and Nigeria’s GDP in nominal prices comprised over 50% of total SSA’s GDP

• SSA GDP growth was 2%. Ethiopia had the largest growth at 9%. Eleven of the 48 SSA countries had a growth of over 5% for the same period.

• South Africa has SSA’s largest real GDP ($182 billion); the smallest is Guinea Bissau ($230 million).

• The Gross National Income (GNI) per capita of the richest Sub-Saharan African country (Equatorial Guinea) is 83 times larger than the GNI per capita of the poorest (Burundi).

• The total GDP per capita of the richest 10 African countries was 23.8 times of the poorest 10. The ten richest by order are Equatorial Guinea, Seychelles, Mauritius, Botswana, Gabon, South Africa, Namibia, Cape Verde, Swaziland and Angola while the ten poorest by rank are Congo Democratic Republic, Burundi, Eritrea, Guinea-Bissau, Liberia, Malawi, Niger, Ethiopia, Central Africa Republic and Togo.

• Between 1990 and 1999 PPP GNI per capita growth was 17% ($1,087.4 to $ 1,278.1) for Sub-Saharan Africa; and between 2000 and 2009 it was 58% ($1,299.7 to $ 2,059.6).

• SSA experienced a decline in both exports and imports. Exports declined from $397 billion in 2008 to $298.0 billion in 2009, a 25% decline; while imports declined from $384.5 billion in 2008 to $318 billion in 2009, a 17% decline.

• In 21% of Sub-Saharan African countries, one or two products accounts for at least 75% of total exports.

• The largest recipient of net official development assistance (ODA) in Sub-Saharan Africa received an amount 165 times larger than the smallest recipient. The largest recipient is Cape Verde, and the smallest is Seychelles.

• In Central Africa Republic, the agriculture value-added as percentage of GDP is 55%; in South Africa it is 3%.

• In 2008, South Africa utilizes the most electric power per person (4,759.5kW/h); Ethiopia utilizes the least (42.3 kW/h).

• Tanzania has the highest proportion of women aged 15-24 in its labor force (82%); Sudan has the lowest (25%): Uganda has the highest proportion of men aged 15-24 in its labor force (83%); South Africa has the lowest (34%).

• Between 1990 and 1999 PPP GNI per capita growth in Sub-Saharan Africa was 17% ($1,087 to $ 1,278). Between 2000 and 2009 it was 58% ($1,299.7 to $ 2,059.6).

WELL BEING

• HIV/AIDS caused the death of 310,000 adults and children in South Africa, and less than 1,000 in Mauritania and Equatorial Guinea, respectively.

• Flows of international development assistance to Sub-Saharan African countries to fight HIV and other sexually transmitted diseases increased by 35% from 2007 to 2009; US$2,853.8 in 2007 to US$ 3,868.3 in 2009.

• In the decade (2000-2009) Rwanda and Uganda have made the greatest gains in life expectancy: 8 and 7 years respectively. Conversely, life expectancy has decreased 5 years in Lesotho, and 4 years in South Africa and Swaziland. Deleted repetition

• Zimbabwe had the highest adult literacy rate (92%); Chad had the lowest (33%).

• In Seychelles, 92% of women are literate; the figure is 13% for Chad and 15% for Niger.

• Seychelles has the highest gross enrolment rate in secondary education (105%); Niger has the lowest (12%).

• In Seychelles there are 22 children per primary school teacher; there are almost 95 in Central African Republic.

• The number of clinical cases of malaria reported in Sub-Saharan Africa increased by almost 14% between 2008 and 2009, while the number of reported deaths due to malaria increased by 9% during the same period.

• Côte d’Ivoire had the highest increase in reported deaths due to malaria from 2008 to 2009 (1,249 to 18,156); the highest decrease is in Tanzania (12,434 to 840).

• The primary school completion rate for eight Sub-Saharan countries (Benin, Burkina Faso, Chad, Guinea, Madagascar, Malawi, Mozambique and Niger) more than doubled between 1990 and 2009.

• The literacy rate among youth (15- 24) in Ghana went up by 9.9% in 7 years, from 71% in 2000 to 78% in 2009.

• Infant mortality increased by 21% in Congo Republic during 1990-2009, the largest increase in Sub-Saharan Africa. The largest decline was in Madagascar, by 60%.

• The average number of children per woman in Sub-Saharan Africa decreased from 7 in 1980 to 5 in 2009.

INFRASTRUCTURE

• The highest connection charge for a business phone is $372.1 in Benin; the lowest is in Tanzania at $15.2. Benin had the highest connection charge ($372.1) for a residential phone while Zambia had the least at $9.9.

• For fixed broadband Internet, the highest connection charge is $613.3 in Mali; the lowest is in Madagascar.

• The countries with the highest and lowest number of mobile phones per 1,000 people in Sub-Saharan Africa were Seychelles with 961 mobile phones per 1000 people and Eritrea has 28 per 1000 people, respectively.

• For the period 2000-08, the ratio of paved roads to total roads was the highest in Mauritius (98%); and lowest in Chad (less than 1%).

• In 2010, to start a business required 216 days for each procedure in Guinea-Bissau; it took three days in Rwanda.

• In 2010, Sudan had the highest number of procedures to enforce contracts (53); Rwanda had the lowest at 24.

• It takes 18 days average time to clear customs on direct exports in Democratic Republic of Congo and 2.6 days in Niger; conversely for imports it takes 45.4 days in Democratic Republic of Congo and 3.7 days in Botswana.

TRACKING MDGs AND IDA

• For the period 2000-09, the share of the poorest 20% in national income was lowest in Angola at 2%; in Seychelles it was 11%. (MDG 1).

• In Burundi, 39% of children under the age of five are underweight. In Swaziland the rate is 6%. (MDG 1)

• The primary school completion rate for eight Sub-Saharan countries (Benin, Burkina Faso, Chad, Guinea, Madagascar, Malawi, Mozambique and Niger) more than doubled between 1990 and 2009. (MDG 2).

• The lowest net primary enrolment ratio is found in Eritrea (36%); the highest is in Sao Tome and Principe (97%). (MDG 2).

• Youth literacy (ages 15-24) is highest in Zimbabwe at 99% and lowest in Benin at 51%. (MDG2).

• Rwanda has the highest number of women in national parliament with 56% of total seats. Comoros has the lowest with 3%.

• In Chad 209 out of 1,000 children die before the age of one; in Seychelles the rate is 12 per 1,000. (MDG 4)

• In Democratic Republic of Congo 126 children per 1,000 die before the age of five; in Seychelles, the rate is 11 per 1,000. (MDG 4, IDA 2)

• For the period 2000-09, skilled personnel attended 6% of births in Ethiopia; they attended 99% of births in Mauritius. (MDG 5, IDA 4)

• Contraceptive use (any method) is highest in Mauritius at 76%; lowest is Chad at 3% during the period 2000-09. (MDG 6)

• For the period 2000-09, in Zambia, 41% of children under age 5 slept under insecticide-treated nets to prevent malaria; they were 1% in Chad and Equatorial Guinea. (MDG6)

• Only 24% of the rural population of Sub-Saharan Africa has access to improved sanitation compared to 42% of the urban population.

• In 2010, Seychelles had the highest percentage of forest area with 89%, whilst Mauritania had the lowest at less than 1%. (MDG7)

• In 2007, South Africa had the highest carbon dioxide emissions of 4,133.173 metric tons, whilst Comoros had the lowest of 121 metric tons. (MDG 7)

• In Sierra Leone 3 persons per 1,000 are Internet users; there are 387 in every 1,000 people in Seychelles. (MDG 8).

• For the period 2005-09, Namibia had the highest number of computers, at 239 computers per 1,000 people; and Niger the lowest at 1 per 1,000. (MDG 8).

Permanent URL for this page: http://go.worldbank.org/IH6NLHRGY0

Top Business Ideas in Nigeria

Business Ideas in Nigeria - Hey, do you know that to make money in Nigeria is so easy? I say it is simple because no matter what the business idea is or how small the business starts; there will always be customers to patronize it. In my opinion, starting a business in Nigeria is a lot easier than getting a job. So to everyone who is willingly to live a life that is far far above the average, this article will show you some lucrative business ideas in Nigeria that can sky rocket you to the realms of wealth, affluence and power. They are not some kind of “get rich quick” schemes. No! But with patience, consistence and hard work, you will definitely get to the top.

Lucrative business ideas in Nigeria are as follows:

Real Estate Agency – Do you know that almost all real estate agents take home 10% of the amount of every apartment they rent, house and land they sell?

Laundry and Dry Cleaning Service.

Private Home tutoring ( e.g. computer instructor, extra lessons for kids, professional course lessons, Music lessons etc)

Internet businesses (E-books publishing, bulk sms, web designing, blogging, forex, Affiliate marketing etc) – I make some real good money from my online businesses

Catering / Baking confectioneries – If you are good, contracts will be easy to come by.

Hair Salon (Hairdressing/barbing Salon)

Event Planning/ Management

Photography/ Photo editing

Videographer/ Video editing

Graphic Designing

Corporate Cleaning Services

Overseas Study consultant

Mobile Phone Repairs/Accessories

Computer Repairs / Accessories

Make-up Artistry/ Beautician

Foreign Language Teacher/Translator