Business

Five tips to become a better person in 2022

Published

3 years ago

January 1, 2022 12:02 pm

BodexNG

The much-awaited year 2022 is here. Generally, the new year is like another chance for people to critically assess their progress in the previous year and make plans on how to become a better version of themselves.

By now, a lot of people would have been making a list of what they intend to achieve in 2022.

It isn’t a bad idea but it should also not be about just listing the goals for the new year. You should make concerted efforts to actualise them and be a better version of yourself.

Here are five tips that will make you a better version of yourself in 2022.

Love and believe in yourself

Loving and believing in yourself is the first step to being a better person in the new year. You have to love and accept yourself just the way you are.

No one is perfect as you know so, you don’t have to be too hard on yourself for the mistakes you made in 2021 rather forgive yourself, fall in love with yourself again, and believe in yourself.

Be the biggest fan of yourself. With that, it will be easy to achieve those dreams even when nobody has your back. Practicing self-affirmation every morning too isn’t a bad idea for the new year, as it will help boost your self-confidence.

Educate yourself

Life is a learning curve for everyone; so you should be open to learning, relearning, and unlearning. The importance of education cannot be overemphasized in one’s growth journey. You can decide to educate yourself through reading books or learning a new skill.

Reading helps widen one’s horizon and also opens one’s mind to different ideas and experiences. Going out of your comfort zone to learn something new like a skill or language is also a feasible idea to being a better person, no one is too old to be educated.

Be open to change

Life is filled with unpredictable changes and twists. So, it’s advisable to be willing to change even before it comes so it will be easier to adapt to it. It will also prevent you from being the stumbling block to your own physical, emotional, social, and professional growth.

Allowing yourself to grow and evolve over time is a necessary part of life and part of the journey to a better person.

Pick up healthy habits

Dump those habits that have negative or no effects on your life and pick up new ones that are beneficial. Habits like giving excuses, procrastinating, among others have no positive effects. Rather, they stifle one’s growth. So, if you really want to grow and be a better version of yourself, drop them.

Be helpful

The year 2022 shouldn’t be a year to only be a better person but also a year to make your nearest community/society a better place.

Lending a helping hand with the little you have can go a long way in making people around you and the community better. Moreover, being helpful is beneficial to both parties — it helps the society to be better and also makes the giver feel fulfilled.

Life is a journey and becoming better should be the goal in 2022.

Business

UBA to raise N239bn through rights issue to expand lending capacity

Published

13 hours ago

November 16, 2024 2:23 pm

BodexNG

The United Bank for Africa (UBA) says it will raise N239.4 billion through a rights issue to existing shareholders.

According to a statement on Thursday, the bank is offering a rights issue of 6.83 billion ordinary shares of 50 kobo each at N35 per share.

The financial institution said the offering, opened on November 15, gives existing shareholders the opportunity to buy additional shares in proportion to their current holdings and is being offered based on one new ordinary share for every five existing ordinary shares held by shareholders, as of November 5.

Speaking to shareholders, Tony Elumelu, group chairman of UBA, said the rights issue is the first step in its broader capital-raising programme.

“UBA’s rights issue aims to raise N239.4 billion, through the issuance of new Ordinary Shares to our shareholders,” Elumelu said.

“The primary objective of this Rights Issue is to further strengthen our capacity to take advantage of growth opportunities and sustain our leadership in the banking industry.”

Elumelu said beyond regulatory compliance, the funds would expand UBA’s lending capacity, investment in digital infrastructure, support sustainable business practices, and expand its African operations.

The group chairman also highlighted how UBA is driving economic growth across Africa.

“Our historic partnership with the Africa Continental Free Trade Area (AfCFTA) Secretariat, where UBA pledged up to US$6 billion in financing over the next three years to support eligible SMEs across Africa underscores our commitment to fostering economic development,” he added.

The businessman also said the issuance complies with the revised minimum capital requirements for Nigerian commercial banks announced by the apex banking regulator in Nigeria — the Central Bank of Nigeria (CBN) earlier this year.

In April, UBA sought shareholders’ approval at the company’s 62nd annual general meeting (AGM) to raise capital.

The development followed the CBN’s directive to commercial banks with international licences to raise their capital base to N500 billion, pegging the capital requirement for national and regional financial institutions at N200 billion and N50 billion, respectively.

Business

FBN Holdings to change brand name to First Holdco

Published

19 hours ago

November 16, 2024 7:54 am

BodexNG

First Bank of Nigeria (FBN) Holdings Plc says shareholders have approved its plan to change the company’s name to First Holdco Plc.

In a notice on Friday, Adewale Arogundade, the company secretary, said the decision was approved by shareholders at its 12th annual general meeting held virtually on Thursday.

According to the company, the change will be extended to all subsidiaries.

“That there should be a change of the legal and brand names of the Company from FBN Holdings Plc and FBNHoldings to First Holdco Plc and FirstHoldco, respectively,” FBN Holdings said.

“That the change of legal and brand names should be extended to the subsidiaries of FBN Holdings Plc

“That the directors be and are hereby authorised to perform all such other acts and do all such other things as may be necessary to give effect to the above resolutions, including, without limitation, complying with the directives of any regulatory authority.

“That upon completion of the processes for the change of name, Increase of the Company’s share capital and allotment of the new ordinary shares in accordance with the resolutions above, the Memorandum and Articles of Association of the Company be amended as necessary to reflect the Company’s new legal name and Issued share capital.”

Business

Nigeria’s inflation rate rises to 33.8% as food prices’ surge persists

Published

2 days ago

November 15, 2024 2:10 pm

BodexNG

The National Bureau of Statistics says Nigeria’s inflation rate was 33.88 percent in October — up from 32.7 percent in September.

The data is captured in the NBS’ latest consumer price index (CPI) report for October published on Friday.

The CPI measures the rate of change in prices of goods and services.

The data bureau said the headline inflation rate in October rose by “1.18% points when compared to the September 2024 headline inflation rate”.

“On a year-on-year basis, the Headline inflation rate was 6.55% points higher than the rate recorded in October 2023 (27.33%),” NBS said.

“This shows that the Headline inflation rate (year-on-year basis) increased in October 2024 when compared to the same month in the preceding year (i.e., October 2023).

“Furthermore, on a month-on-month basis, the headline inflation rate in October 2024 was 2.64%, which was 0.12% higher than the rate recorded in September 2024 (2.52%).

“This means that in October 2024, the rate of increase in the average price level was higher than the rate of increase in the average price level in September 2024.”

‘INCREASE IN RICE, YAM PUSHED FOOD INFLATION RATE TO 39.16%’

The NBS also said the food inflation rate in October surged to 39.16 percent, compared to 33.77 percent in September.

On a year-on-year basis, the food inflation rate was 7.64 percent higher compared to the rate recorded in October 2023 (31.52 percent).

“The rise in food inflation on a year-on-year basis was caused by increases in prices of the following items: guinea corn, rice, maize grains, etc (Bread and Cereals Class), Yam, Water Yam, Coco Yam, etc (Potatoes, Yam & Other Tubers Class), Palm Oil, Vegetable Oil, etc (Oil and Fats Class) and Milo Lipton, Bourvita, etc (Coffee, Tea & Cocoa Class),” the bureau added.

The statistics firm also said the month-on-month food inflation rate in October was 2.94 percent, showing a rise of 0.3 percent compared to the 2.64 percent recorded in September.

“The rise can be attributed to the rate of increase in the average prices of Palm Oil, Vegetable oil, etc (Oil & Fats Class), Mudfish, Croaker (Apo), Fresh fish (Obokun), etc (Fish Class), Dried Beef, Goat Meat, Mut-ton, Skin meat, etc (Meat Class), and Bread, Guinea Corn flour, Plantain flour, Rice, etc (Bread and Cereals Class),” the NBS said.

“The average annual rate of food inflation for the twelve months ending October 2024 over the previous twelve-month average was 38.12%, which was an 11.79% point increase from the average annual rate of change recorded in October 2023 (26.33%).”

Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others