It’s sumertime,
School vacation has begun,
Time for children to play,
And have fun in the sun.
Now the children
Are out of school,
There are trees to climb,
Swimming in the pool.
Time to spend
With special friends.
Seems they’re on the go
Until the days end.
But when summer vacation
Is finally through,
It’s time to hit the books
And return to school.

It’s SUMMER let’s GET READY (TONY MONTANA’S VOICE)

AS THE PLOT THICKENS by Victor

Posted: June 5, 2013 in Article

AS THE PLOT THICKENS by Victor.

Aliko Dangote

Aliko Dangote

Nigerian billionaire and Africa’s richest man Aliko Dangote has become the first African entrepreneur to lay claim to a $20 billion fortune as the stock value of his largest holding, Dangote Cement, leaped just about three-fourths since March when Forbesreleased its annual ranking of the world’s richest people.

Aliko Dangote’s 93% stake in the cement company is now worth $19.5 billion. Add this to his controlling stakes in other publicly-listed companies like Dangote Sugar and National Salt Company of Nigeria and his significant shareholdings in other blue-chips like Zenith Bank, UBA Group and Dangote Flour; his extensive real estate portfolio, jets, yachts and current cash position, which includes more than $300 million in recently awarded Dangote Cement dividends, Dangote is now worth more than $20 billion.

Put into context, the Nigerian billionaire is now among the top 25 richest people in the world, richer than Russia’s richest man, Alisher Usmanov, richer than India’s Lakshmi Mittal and running neck and neck with India’s Mukesh Ambani. He is catching up to such Americans as Google’s billionaire founders Larry Page and Sergey Brin.

The unprecedented surge in Dangote Cement’s share price is largely a market response to the company’s impressive 2013 Q1 results.

The cement manufacturer’s unaudited results for the three months ending March 31 showed that the company’s pre-tax profit rose to $339 million, representing an 80.6% increase from last year and a strong indicator of the company’s future earning potential. The results also indicate a 79.5 % rise in its earnings per share over the corresponding period last year.

Explaining the company’s share price boost in an email to Forbes, Carl Franklin, Dangote Cement’s Head of Investor Relations in the U.K said that in the first quarter of 2013, the company had a huge increase in demand across Nigeria, gas supply improved considerably and the capacity was much more ramped up.

“So Q1 was the first sign of just how profitable we can be in Nigeria. The amazing thing is that 66% of our gas-fired production in Q1 was done at 84% gas. Imagine what would happen to margins if we did the same amount at 95%. This has given investors a good sense of what we can really do when everything goes in the right direction,” Franklin said.

With a current market cap of $20.5 billion, Dangote Cement becomes the first Nigerian company to achieve a market capitalization of over $20 billion.

“It’s certainly a landmark for a Nigerian company and we’re proud to be the first to achieve it. Obviously we are focusing on building long-term and sustainable value for shareholders through our investments in Nigeria and Africa. Nigeria is a very entrepreneurial country and I can assure you that other companies will follow us in achieving this.”

Other companies might eventually achieve this, but it’s going to take a bit of time. Dangote Cement currently accounts for more than a quarter of the total market capitalization of the Nigerian Stock Exchange. The second largest company on the Nigerian Stock Exchange (NSE) is currently Nigerian Breweries, West Africa’s largest manufacturer of Alcoholic and non-alcoholic beverages. The company has a market cap of $8.5 billion.

Dangote debuted on the FORBES billionaires list in 2008 with a fortune we pegged at $3.3 billion. His fortune dropped to $2.5 billion in 2009 and plunged further to $2.1 billion in 2010. His fortune surged  557% in 2011 to $13.8 billion after he took Dangote Cement public. He dropped to $11.2 billion in last year’s rankings, but rebounded at $16.1 billion this year. Since March, his fortune has jumped another 30%.

Dangote was destined to shine in business. At age 8, he apparently gave packets of sweets he had made to the house servants to sell for him. His father Mohammed Dangote was a successful businessman and an associate of his maternal uncle Alhaji Sanusi Dantata. Dantata and his brother controlled the trade in kola nuts and livestock conducted by 200 agents. Dangote started building his fortune over three decades ago after taking a loan from Sanusi Dantata. He started trading in commodities like flour, sugar and cement.

He became a billionaire by later manufacturing these items. He started making pasta, salt, sugar and flour in 1997. But he found his gold mine in cement, when he was awarded a government’s state owned cement business in 2000 and began building his own plant in 2003. He listed Dangote Cement in 2010.

Today, it is Africa’s largest cement company providing cement to Nigeria and other African countries that otherwise would likely have to pay to import much of the materials.

Dangote still likely has bigger ambitions. He told Forbes Wealth Editor Luisa Kroll at Davos in 2011 that he expected his firm to have a market cap of $60 billion within five years. At $20.5 billion, Dangote Cement still has a long way to go to live up to that dream, and while it is quite unlikely that Dangote Cement could hit a $60 billion Market Cap by 2016, don’t write it off as ‘impossible’. With Dangote, you never know.

 

knowledge is definitely a scheme in acquiring knowledge or skills through education or experience; Theoretical or practical understanding.

Knowledge is meant for all nevertheless the level at which you are or the level at which you see your self in life, in your work place, in school or among your peers. Knowledge to me is the desire to acquire skills.There is a saying which says ‘A man who ask questions never misses the road’ that is what i call knowledge.

How do we acquire that KNOWLEDGE? We can’t just say we acquire knowledge by what we learn in school or what we learn at our place but rather knowledge is basically the desire to go an extra mile to know what you are been taught in school or at your work place cause you can never limit your self on what you already know but on what you don’t known in which you are ready to know. Knowledge can never be lost or useless but rather not used in where it is been required. So now we can only acquire knowledge by going an extra mile to acquire such knowledge. So by doing so we have to able to make researches rather than wasting our time on things which are not necessary in life.

Nobody is considered dull but instead that person is not ready to move up at level he/she is, or Not ready to study or acquire knowledge. You can never limit your self on what your been taught in school  but rather  finding more concrete facts on what your been taught. That is why in class your teacher can teach you 2+2=4 But in your exam what you will see is not what she taught you but rather something different but similar for example 200+300 ?. So i tell you Knowledge is never limited as i say ‘a man who asks questions never misses road’

Knowledge is the ‘KEY’

Written by FRANK-UFONDU ARINZE

UNDERNEATH MY EYELIDS

Posted: May 8, 2013 in Article
Tags:

UNDERNEATH MY EYELIDS.

BUSINESS AND CASUAL INSPIRATION SPRING/SUMMER

Before we start breaking down the key pieces you need to develop your own business-casual outfits, take a look at some current look book inspiration that embodies the type of aesthetic we are looking to achieve.

Men's Business Casual Lookbook For Spring/Summer

Tailored Pieces

As always, these are the key to any guy’s success at work. ‘Business-casual’ doesn’t really call for a full on suit, so why not invest in a few separates? I’m talking about a navy blazer, some mid grey trousers and perhaps something in a pattern such as Prince of Wales check or a chalk stripe to show that summer’s a time for play, not just work.

Alternatively, ignore the advice above and invest in a cotton/linen suit in brown, beige or tanand wear the hell out of it – together or as separates.

  • HE BY MANGO LINEN BLAZERHe By Mango Linen Blazer
  • BURBERRY LONDON SLIM-FIT COTTON AND LINEN-BLEND SUIT JACKETBurberry London Slim-fit Cotton And Linen-blend Suit Jacket
  • FACONNABLE DOUBLE-BREASTED COTTON AND LINEN-BLEND BLAZERFaconnable Double-breasted Cotton And Linen-blend Blazer
  • GUCCI SLIM-FIT COTTON TROUSERSGucci Slim-fit Cotton Trousers
  • RIVER ISLAND TREVOR TROUSERSRiver Island Trevor Trousers
  • HE BY MANGO COTTON SUIT TROUSERSHe By Mango Cotton Suit Trousers
  • REISS RUSHBY THREE BUTTON NOTCH LAPEL LINEN SUIT GREYReiss Rushby Three Button Notch Lapel Linen Suit Grey
  • ASOS SLIM FIT LINEN SUIT JACKETAsos Slim Fit Linen Suit Jacket
  • REISS PINOT B TWO BUTTON COTTON BLAZER TAUPEReiss Pinot B Two Button Cotton Blazer Taupe

True Friendship

Posted: May 7, 2013 in Article

Friends are friends forever together ’till the end.
You promised me that you would always be my friend.
One day something changed I’m not sure what it was.
I lost you on that day and the reason was because
it was a late dark night and we had a stupid fight.
And for some reason, I don’t know why, we couldn’t make it right.

We went our separate ways.
This went on for days and days.
I made new friends and you made yours,
but that hole in my heart could not be filled for that hole was only yours.
Times got really tough,
my road of life was, oh, so rough.
I needed friends, not the kind you see from day to day,
but the kind that will always and forever stay.

Memories were all I had
and just the thought of them made me sad.
I cried every night wondering how to make it right.
I wish you could erase that day and that fight.
Would you please forgive me? I don’t know where to start.
It hurts me so bad to have this hole in my heart!

I don’t want our friend ship to totally end.
I need you! You are my best
friend!
So can we make a promise to stay together ’till the end?
A vow to each other to ALWAYS be BEST FRIENDS?

😀