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Questions & Answers from Nairametrics radio show

mudeerat olawunmi by mudeerat olawunmi
March 9, 2018
in Uncategorized
This is the best Mutual Fund in Nigeria at the moment
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Here are the questions and answers from our radio show, Everyday Money Matters from 7.30am to 8.00am on Lagos Talks, 91.3FM.

Is cryptocurrency a good investment?

 

It’s not recognized by the government. If you are interested, you can learn more about it on Nairametrics.

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How to combine legal practice and filmmaking?

 

If filmmaking, pays up to 60% of your income, it can become your full hustle. A caller says a lawyer in active practice would have to seek permission from the legal counsel to take a side hustle. He can, however, own shares in other companies.

What are FGN Bonds?

 

FGN saving bonds usually come up every month and the Debt Management Office sells it. You can actually buy it from the stockbroker. For a 2-year bond, you get 10.7% interest rate and it is paid quarterly. For the 3-year bond, you get about 11% interest rate.

How to invest in farming

 

There are apps that one can invest in without physical ownership. An example is Farmcrowdy.

How to access loans from the National Housing Fund after making contributions for 10 years?

 

One can apply, but, you have to confirm if the deductions have gone to the fund. You need to get evidence of remittance. Once you get the confirmation, you can apply to the National Housing Fund.


Follow us for Breaking News and Market Intelligence.
Tags: Explainers
mudeerat olawunmi

mudeerat olawunmi

Mudeerat Olawunmi is a graduate of Business Administration with over 5 years experience in online data gathering and analysis. Wunmi is a data analysts at Nairametrics and helps ensure that our readers get some of the most important macro and micro economic data required to help make investing decisions.

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