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Explaining topical financial, business and economic information in a simple, informative and relatable manner.

Where should you invest N2 million won from lottery?

Everyday Money Matters (EMM) is live on @lagostalks913 every Wednesday between 7.30am-8.00am. On the show, we give answers to questions from our listeners and...

Accounting for Value Added Tax in the manufacturing industry

The manufacturing industry is a vital part of the Nigerian economy. Based on the sectoral distribution of Value Added Tax (VAT) released by National...

Making sense of Nigeria’s Federal Government budgeting efficiency

It is true that governments all over the world continually argue for and indeed deploy public expenditure to put their GDP on a desired...

Nigeria issues the income tax (country-by-country reporting) regulations 2018

Nigeria has issued the Income Tax (Country-by-Country Reporting) Regulations 2018 (the CbCR Regulations). The Regulations are part of the implementation plans under Action 13...

These fast food chains will make even more money in 2018

The fast food value chain recorded an impressive performance despite the economic recession of 2016 and early 2017. The growth recorded is not unconnected...

Are interest rates on treasury bills the same across all banks?

Everyday Money Matters (EMM) is live on @lagostalks913 every Wednesday between 7.30am-8.00am. On the show, we give answers to questions from our listeners and...

Is there really a statute of limitation in the Nigerian tax system?

Statutes of limitations are provisions within laws which set the maximum time after an event within which legal proceedings may be initiated. The statute...

The economic impact of Christmas

If I could reverse a trend, it will be the grandeur of self-indulgence during the festive periods of Christmas and the New Year. It...

How to know if your bank account is being overcharged

Banks are in the business of accepting deposits and lending money to customers. The advent of internet banking and online services has broadened the...
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Is it a good idea to open a joint account with your spouse?

Everyday Money Matters (EMM) is live on @lagostalks913 every Wednesday between 7.30am-8.00am. On the show, we give answers to questions from our listeners and...

Explained: The variables that took Nigeria’s foreign exchange reserves to $40 billion

The Central Bank of Nigeria reported during the week that Nigeria’s foreign exchange reserves hit $40 billion for the first time since January 2014,...

If you own a side hustle, this is how much tax you could pay

Understandably, majority of income earned from “side hustles” in Nigeria escape taxation.  Recently the government announced its intention to enforce the Personal Income...

Explained: How startups are valued

Startup valuation is one of the most debated topics in the venture capital (VC) world. It has bred different schools of thoughts, various valuation...

Explained: All the risk associated with investing in Cryptocurrency by Manasseh Egedegbe

Disclosure: I hold cryptocurrencies. I may be a little biased when it comes to cryptocurrencies, but whenever I talk to an audience about it, I...

Explained: Bank Charges, Fees & Interest Rates approved by the CBN

Explaining The New Bank Charges, Lending And Deposit Rates Announced By The CBN The Central Bank on Nigeria released a new set of guidelines to...

Explained: Why there is fuel scarcity in Nigeria

December 22, 2017| Fuel scarcity worsened on the last working day to Xmas due to a viscous combination of thin margins, supply chain issues...

The economics of Igbo Marriage explained

There has been a lot of assertions that Igbo Marriage in Eastern Nigeria is expensive. While this...

Basic guide to buying land in Lagos

Owning land in Lagos can be seen as a good business venture as well as a wise futuristic investment Most times, while eager to...

Financial guide for traveling to have a baby in the US, Canada

Giving birth to a baby in the US, Canada or Ireland is often the wish of any immigrant, especially from...

Tax policy on SMEs in Nigeria – How fair?

Small and medium enterprises (SMEs) are the bedrock of the Nigerian economy. SME serves as an important source of employment generation, economic dynamism, competition...

Top reasons customers are not buying from you

Nothing can be more frustrating than hitting the hot Nigerian clime, product in hand, a ready smile and high expectations only to be rebuffed,...

How to use your phone to check your account balance

Technology has transformed banking and presently customers can perform as many functions as they want on their mobile devices without visiting banking halls. With...

Step by step guide on how to buy Bitcoin if you are in Nigeria

This article is for anyone who is interested in buying bitcoin for the very first time. It is a practical guide and from someone...

Guide to making money by investing in Nigerian Fixed Deposits

This articles explains investing in Fixed Deposit and how much you can make from it and how it is calculated.  A fixed deposit is an...

Easy steps to registering an enterprise in Nigeria

Registering an enterprise is not as big a deal as a lot of people make it out to be.  First you need to decide...

How to start a farming business in Nigeria

Following Nigeria's recent economic recession, business emphasis has been shifted from the oil sector to other sectors with the aim of diversifying the economy....

How to get car insurance in Nigeria

In Nigeria, a lot of people have wrong perceptions about auto insurance policies and do not buy into the idea of insurance because they...

How to select the right board of directors

A board of directors is not a ‘one size fits all’ thing. Every business depending on the size and interests has specific needs when...

What you do not know about having dual jobs

The things no one would tell you about having dual jobs Growing financial responsibilities could be the reason why you thought to get another job....

How long working hours weighs on productivity

Work has overtaken the lives of most Nigerians. They work almost the clock; working at home after hours just to meet up with a...