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★★★ What every student should know ★★★ Motivational Quote for Students ★★★ Test Your Knowledge ★★★ Interesting facts for students ★★★
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What students should know

Commerce can be defined as the exchange of goods and services, usually for money and on a large scale that will require the transportation of such goods and services.

Commerce is very important to the life of any Nation for the following reasons:

  1. Commerce facilitates the exchange of goods and services which everyone can enjoy, regardless their location or whether the goods is produced within or outside their country.
  2. Commerce creates an awareness of the existence of goods and services through advertising.
  3. Commerce offers employment to a very large number of people in a Nation.
  4. Commerce promotes rapid transfer of both oral and written messages through communication.
  5. Commerce determines the standard of living in a Nation. This is because the extent of commercial activities is crucial to wealth of  a nation.
  6. Commerce makes for the protection against risk in day to day business operations.
  7. Through commerce, there is a steady supply of goods in a Nation. This is because commerce ensures that goods produced are stored until needed.


A public company is not owned by an individual. Usually, it is owned by groups or a very large number of people.

The shares of a public company are traded freely on the stock exchange.

Below are some features of a public company

  1. A public company must receive it’s training certificate to commence business.
  2. The minimum membership is two while the maximum membership is limitless.
  3. A public company has a legal status. It can sue and be sued.
  4. A public company files and publishes its annual reports, including its accounts.
  5. The liability of its members is limited.
  6. The shares are easily transferrable through the stock market.
  7. A public company can issue debentures to be secured as its assets.

Please read on the types of business structure here


Understanding Domain Name System, DNS - ICT Herbert Macaulay, the Nigerian Nationalist - History Meaning, Scope and Importance of Business Studies - Business Studies Environmental Problems, Causes, Effects and Solutions - Social Studies Len Academy Physical and Health Education questions for JSS1, 2nd Term - PHE Len Academy Physical and Health Education questions for JSS1, 2nd Term, Part 2 - PHE Consequences of the disobedience of Adam and Eve - CRS Consequences of the disobedience of Adam and Eve, part 2 - CRS Len Academy questions for Basic Technology, JSS2, 2nd Term - Basic Technology Len Academy questions for Basic Technology JSS2, 2nd Term, Part 2 - Basic Technology Micro organisms causing food, water and air borne Diseases - Basic Science Vectors of diseases - Basic Science Conflict, causes, consequences and solutions to conflict - Social Studies Balance of Trade and Balance of Payments - Commerce Tropical Rainforest and Savanna with their characteristics - Biology Desert and Swamp Forest with their characteristics - Biology Community service and its benefit - Civic Education Roles of Government in Agriculture - Agricultural Science Autotrophic mode of Nutrition - Biology Agricultural pest, Crops attacked, their economic importance and control - Agricultural Science Electrolysis, Electrolyte, Electrode, Anode and Cathode - Chemistry Introduction to Number Bases with worked examples - Mathematics Bones of the Human Body - Basic Science Introduction to the OSI Model - CCNA Routing and Switching Maintenance, Types of Maintenance - Basic Technology Self Esteem, Characteristics of self esteem and ways to overcome low self esteem - Social Studies Heat Transfer, Conduction, Convection and Radiation - Physics Concept of Heat and Temperature - Physics Agricultural Terms and Definition, I - O - Agricultural Science Introduction to the Internet of Things - ICT Amazing facts in Biology - Biology Concept and Types of Cost - Economics Organs or Arms or Branches of Government - Government Meaning and Types of Production - Commerce Forms of Marriage - Social Studies Forms of Marriage, Part 2 - Social Studies Characteristics, Reasons, Effects and Solutions to Cultism - Civic Education Origin of Cultism in Nigeria - Civic Education Meaning of Drugs, Type of Drugs and their side effects - Basic Science Agricultural Land and its uses - Agricultural Science Harmful Traditional Practices in Nigeria - Social Studies Mary Slessor, the woman who stopped the killing of twins - History Grahams law of diffusion - Chemistry Characteristics of Protists - Biology Supply Curve and Elasticity of Supply - Economics Physical Properties of Metals - Chemistry Meaning, Causes, Consequences and Solutions to Illiteracy - Civic Education Differences between Bookkeeping and Accounting - Accounts The Solar System - Geography The early years of Jesus - CRS

Questions for Student

Which of the following is not a pressure group?

  • A. Armed Forces Ruling Group (AFRP)
  • B. Boys Brigade
  • C. Academic Staff union of Universities (ASUU)
  • D.Girls Guide Movement
  • E. Red Cross Society

Answer is Armed ForcesRuling Group (AFRP)

A pressure group is any formal and organized body with a common interest and whose aim is to put pressure on any government institution with the goal of influencing government policies and laws to their own advantage.

Please read on pressure group here.


The only metal that exist as liquid at room temperature is _____.

  1. Nickel
  2. Duralumin
  3. Mercury
  4. Lead
  5. Titanium
  6. Cesium

ANSWER is Mercury

Mercury is a liquid metal at room temperature. Its chemical symbol is Hg. The name mercury comes from its Greek name, hydrargyrum, which means "liquid silver" .  Mercury has an atomic number of 80. Please read on the periodic table of elements here

The element mercury is also considered to be named after the fastest-moving planet in the solar system. You can read on solar system here.