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Business

Naira Gains 3% Against Dollar in Parallel Market, Closes at ₦1,570/$1

<p>The naira has appreciated by 3% in the parallel market, closing at ₦1,570/$1, gaining ₦50 within five days.</p> <p>The post <a href="https://www.arise.tv/naira-gains-3-against-dollar-in-parallel-market-closes-at-%e2%82%a61570-1/">Naira Gains 3% Against Dollar in Parallel Market, Closes at ₦1,570/$1</a> appeared first on <a href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 3 min read
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Business

Why more Quebecers are launching or are considering starting their own business & how RBC is helping them thrive

<img src="https://www.mtlblog.com/media-library/why-more-quebecers-are-launching-or-are-considering-starting-their-own-business-how-rbc-is-helping-them-thrive.png?id=55571920&width=1200&height=800&coordinates=0%2C9%2C0%2C9"/><br/><br/><p><br/></p><p>Canadians are embracing entrepreneurship, with more people exploring ways to transform their side hustles and passion projects into sources of income.</p><p>According to a recent <a href="https://sr.studiostack.com/c/link?l=1883720&s=1883715" rel="noopener noreferrer" target="_blank">RBC Small Business Poll</a>, Quebecers are leading the way in exploring new paths to business ownership. From transitioning out of traditional jobs to building businesses that align with personal values, or creating side hustles to test out an idea, the motivations behind becoming your own boss are evolving—and it’s not just about the money.</p><p>In fact, 94% of aspiring entrepreneurs in Quebec cited meaningful work as their top motivation for starting a business, ranking even higher than earning more income. For Gen Z and Millennials, entrepreneurship also means creating a flexible lifestyle. </p><p>But starting a business in Canada can be both simple and challenging. Simple, because the barriers to entry are diminishing – digital tools, expert advice, and tailored resources are making it easier than ever to start a business. Challenging, because it takes a healthy dose of hard work and self-belief to launch a viable business, let alone a solid business idea and plan.</p><p>Take <a href="https://sr.studiostack.com/c/link?l=1883722&s=1883715" rel="noopener noreferrer" target="_blank">Camille</a> and <a href="https://sr.studiostack.com/c/link?l=1883724&s=1883715" rel="noopener noreferrer" target="_blank">Guillaume</a>, Quebec-based digital nomads who turned their passion for photography and videography into a thriving business. But building a successful business has been a learning process.</p><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/DByfnIquQay/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);"> <div style="padding:8px;"> <div style="background:#F8F8F8; line-height:0; margin-top:40px; padding:50% 0; text-align:center; width:100%;"> <div style="background:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAAGFBMVEUiIiI9PT0eHh4gIB4hIBkcHBwcHBwcHBydr+JQAAAACHRSTlMABA4YHyQsM5jtaMwAAADfSURBVDjL7ZVBEgMhCAQBAf//42xcNbpAqakcM0ftUmFAAIBE81IqBJdS3lS6zs3bIpB9WED3YYXFPmHRfT8sgyrCP1x8uEUxLMzNWElFOYCV6mHWWwMzdPEKHlhLw7NWJqkHc4uIZphavDzA2JPzUDsBZziNae2S6owH8xPmX8G7zzgKEOPUoYHvGz1TBCxMkd3kwNVbU0gKHkx+iZILf77IofhrY1nYFnB/lQPb79drWOyJVa/DAvg9B/rLB4cC+Nqgdz/TvBbBnr6GBReqn/nRmDgaQEej7WhonozjF+Y2I/fZou/qAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;"> </div> </div> <p style=" margin:8px 0 0 0; padding:0 4px;"> <a href="https://www.instagram.com/p/DByfnIquQay/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a> </p> </div> </blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>“In our first year, we didn’t know we had to put money aside for taxes,” Camille shares. “Halfway through the year, we realized we needed to send almost $40,000—and of course, we didn’t have the money. We had to work harder and smarter during the last six months to make it work.”</p><p>Luckily, RBC has been there every step of the way on their journey. RBC helps entrepreneurs not just through financial support but also with tailored tools that go beyond banking, expert advice, and partnerships that extend far beyond traditional banking. </p><p>For example, one practical piece of advice that the bank shares with small business owners like Cam and Guillaume is to open a second bank account to set aside funds for your tax obligations. This simple strategy helps keep funds organized and ensures that business owners are prepared come tax season..</p><p>“It’s comforting to know I can rely on their advice and tools whenever I need support," Camille says.</p><p>If you’re a Quebecer dreaming of starting your own business, you’re not alone—and you’re in good company. Compared to Canadians overall, aspiring entrepreneurs in Quebec are more likely to turn hobbies into income (40% vs. 31%) or test business ideas while keeping their full-time jobs (13% vs. 8%), according to RBC.</p><p>With resources like the <a href="https://sr.studiostack.com/c/link?l=1883726&s=1883715" rel="noopener noreferrer" target="_blank">Starting a Small Business Hub</a> and <a href="https://sr.studiostack.com/c/link?l=1883728&s=1883715" rel="noopener noreferrer" target="_blank">Beyond Banking Services</a>, RBC makes it easier for entrepreneurs (like you!) to turn their passion into a sustainable business. </p><p><a href="https://sr.studiostack.com/c/link?l=1883730&s=1883715" rel="noopener noreferrer" target="_blank">Learn more</a></p>

mingooland · · 3 min read
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Business

TotalEnergies Reports 15% Decline in Q4 Earnings Amidst Market Challenges

<p>TotalEnergies has reported a 15% decline in fourth-quarter earnings, with adjusted net income falling to $4.4 billion from $5.2 billion.</p> <p>The post <a href="https://www.arise.tv/totalenergies-reports-15-decline-in-q4-earnings-amidst-market-challenges/">TotalEnergies Reports 15% Decline in Q4 Earnings Amidst Market Challenges</a> appeared first on <a href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 2 min read
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Business

Price Of Refilling Cooking Gas Per Kg In Nigeria

<div><img width="300" height="156" src="https://www.naijanews.com/wp-content/uploads/2022/05/Cooking-Gas-Price-Hike-In-Nigeria-300x156.jpg" class="attachment-medium size-medium wp-post-image" alt="" style="margin-bottom: 15px;" decoding="async" srcset="https://www.naijanews.com/wp-content/uploads/2022/05/Cooking-Gas-Price-Hike-In-Nigeria-300x156.jpg 300w, https://www.naijanews.com/wp-content/uploads/2022/05/Cooking-Gas-Price-Hike-In-Nigeria.jpg 672w" sizes="(max-width: 300px) 100vw, 300px" /></div> <p>As of January 31, 2025, the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has significantly increased in Nigeria over the past year. Current Retail Prices: Per Kilogram: The average retail price for LPG is approximately ₦1,300 per kilogram. 12.5kg Cylinder: Refilling a standard 12.5kg cylinder costs around ₦17,000, reflecting a 41.6% […]</p> <p>The post <a href="https://www.naijanews.com/2025/01/31/price-of-refilling-cooking-gas-per-kg-in-nigeria-11/">Price Of Refilling Cooking Gas Per Kg In Nigeria</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 2 min read
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Business

Nigeria Targets $23.2bn Investment to Transform Energy Sector, Boost Electricity Access

<p>Nigeria has targeted $23.2bn to expand electricity access, boost renewables, and improve clean cooking solutions.</p> <p>The post <a href="https://www.arise.tv/nigeria-targets-23-2bn-investment-to-transform-energy-sector-boost-electricity-access/">Nigeria Targets $23.2bn Investment to Transform Energy Sector, Boost Electricity Access</a> appeared first on <a href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 3 min read
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Business

Nigeria’s 50% Cash Reserve Ratio Driving High Interest Rate, Warn Experts Chike-Obi, Tilewa Adebajo

<p>Experts have warned that Nigeria's high interest rate spread and 50% Cash Reserve Ratio are stifling Nigeria’s economic growth</p> <p>The post <a href="https://www.arise.tv/nigerias-50-cash-reserve-ratio-driving-high-interest-rate-warn-experts-chike-obi-tilewa-adebajo/">Nigeria’s 50% Cash Reserve Ratio Driving High Interest Rate, Warn Experts Chike-Obi, Tilewa Adebajo</a> appeared first on <a href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 5 min read
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