Why you should Naira Cost Average your Investments

Why you should Naira Cost Average your Investments

Naira Cost Averaging (NCA) is an investment technique of buying fixed amounts of a particular asset on a regular schedule, regardless of price.
Inflation rate feburary 2019

UPDATE: Nigeria’s Inflation drops to 11.31% in February 2019

The consumer price index, which measures inflation, dropped to 11.31% in February 2018, according to monthly inflation data from NBS.
How Nigeria's economy could be affected by global events - Analysts

Nigeria could learn from Ray Dalio’s ‘How the Economic Machine Works’

When I read the book “Principles” by Ray Dalio, I immediately made a decision to adopt him as a virtual mentor.
Despite setbacks, Nigeria's Real Estate investors expect windfall in 2019

Despite setbacks, Nigeria’s real estate investors to expect windfall in 2019

Data shows that out of 15 trillion credit (Bank loan) to the Private Sector in the last quarter of 2018, real estate got ₦622 billion.
Mutual funds plunged in November

EXCLUSIVE: Mutual Funds’ Asset Value Plunges

The Net Asset Value of Nigeria's mutual funds plunged to N660 billion in November, as against October's ending value of N683 billion.
First Aluminium Nigeria Plc

Company Profile: Is First Aluminium still “the first”?

One company is credited for pioneering the aluminium roofing sheet movement in Nigeria, and it is aptly named First Aluminium Nigeria Plc.
OPEC Cut: Nigeria defies Quota, increases crude oil production

OPEC Cuts: Nigeria defies quota, increases crude production

Nigeria has defaulted in the agreement reached by the Organization Petroleum Exporting Country (OPEC) to cut crude oil production.
International Women’s Day, Only these 6 countries treat men and women equally in the world

Only 6 countries treat men and women equally in the world

From pre-colonial days to the current century, the role and status of Nigerian women have continued to evolve in Nigeria.
Nigerian Stock Exchange

Nigerian Stocks gain N400 billion in February

The stock market opened the month of February at a market capitalisation of N11.424 trillion and closed at about N11.868 trillion.
Ethereum

Someone paid $308k fee for a $14 transaction, expensive mistake or donation?

Mistakes come in grades but a $308,000 mistake, that's a costly mistake!
Visionscape Municipality Bond Default Explained

Nigerian Stock Exchange to launch mutual funds trading platform

The NSE is set to start listing of mutual funds.
Fidson Healthcare Plc, Fidelis Ayebae

Why the proposed Fidson Rights Issue is a good deal

The Board of Directors of Fidson Healthcare Plc have notified the Nigerian Stock Exchange and by so doing, the investment public, that the company...
Financing small businesses

A look at some financing options for small business owners

Statistics show that 80 per cent of small businesses started in Nigeria fail within the first five years. This alarming rate of business failure...
FBN Money Market Fund

Fund Managers Association of Nigeria fails to meet Its 2018 goals

Fund Managers Association of Nigeria could not meet their prediction for 2018 which had a number of initiatives by the Association to grow the industry.
Pension fund, South Africa Pension scandal - Matshepo More

South Africa Pension scandal: How not to manage a Pension Fund

The scandalous crisis that has engulfed South Africa’s pension industry seems to be presenting pension fund managers all over Africa with case studies in pension fund management.
Price Watch: Average prices of Kerosene, Diesel and Gas in Nigeria

NBS report shows consumers paid more for Kerosene in January

Highlights The average price per litre of Kerosene increased by 5.35% month on month, and 6.03% year-on-year between December 2018 and...
Price of PMS

Average price of PMS decreases by 23.7% in 2018

The Nigeria Bureau of Statistics (NBS) has released the Premium Motor Spirit (Popular known as Petrol) price watch for the month of January 2019.
Nigerian mutual funds made an estimated N1.9 billion gain in 2018

Nigerian mutual funds made an estimated N1.9 billion gain in 2018

Nigerian mutual funds generated an estimated gain of N1.9 billion in 2018, to bring its total Net Asset Value to N648.2 billion.
Nigerian Pension funds - Best Performing Pension Fund in January 2919

Best Performing Pension Fund in January 2019

Nigerian pension funds continued their winning streak in January defiling the odds of stock market volatility to post positive gains.
Mutual funds plunged in November

Stanbic IBTC Guaranteed made 14.41% in 2018

There is no doubt that 2018 was quite a challenging year for investors all over the world. The global market remained very volatile for...
Retiree fund, pension funds, mutual funds

Stanbic IBTC Pensions Is best performing retiree fund in 2018

In a year When the World’s largest pension fund, the Japanese Government Pension Investment Fund loses 9.1% or 14.8 trillion Japanese Yen, amounting to...
Cryptocurrency

This is how Cryptocurrency works

Cryptocurrencies are decentralised, encrypted digital assets that may be exchanged over a public ledger and verified through a process known as mining.
Customer service, customer satisfaction, brand loyalty

why customer service is the new marketing strategy for your brand

All these companies pay out for customer service because they believe that it pays off. And it does.
Aisha Dahir-Umar, PenCom, National Pension Commission, Pension Fund Assets in Nigeria, PenCom, National Pension Commission, Deals, Pension scheme, Pension funds, National Pension Commission, Retirement Savings Accounts

PenCom moves to deepen pension fund investment participation

PenCom has out doored yet another radio programme entitled, “PenCom on the radio”.
PENCOM, Pension Funds

Premium Pensions RSA fund tops 2018 pension fund performance

All Retirement Savings Accounts in the Nigerian pensions ecosystem ended the 2018 fiscal year in the green.
Blockchain

Blockchain: A 3 minutes explanation

Let me first start from what I think the problem Blockchain solves. Think about the files on your computer, the digital files on your...
Naira free float, Central Bank of Nigeria, Emefiele replies Atiku, Financial Derivatives Company Limited, Analysts

Nigeria’s Naira: To float or not to float

The presidential candidate for the People’s Democratic Party (PDP), Atiku Abubakar recently advocated for the floating of the Nigerian currency, the Naira.
Quidax, Blockchain,

7 terms associated with blockchain that you should know

The Blockchain is a decentralized or a distributed ledger technology that allows a number of participants to maintain the ledger verifying and authenticating transactions
World Bank

Time for A Nigerian To Preside Over the World Bank

Nigeria has been known all over the world for various reasons, the good, the bad and at times, the ugly.
Mutual fund investments

Mutual fund investments success in American and what Nigeria can learn from this

The popularity of mutual funds and the part they play in retirement savings has long been embraced all over the world except in Nigeria.

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shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme

List of successful applicants for TEF 2019 announced

See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.
Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
Businesses in Nigeria | Make money from a single product

How to make $1bn from a single product in Nigeria

Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.