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Financial Literacy

Articles and analysis on Financial Literacy from a Nigerian perspective

Saving Money

INSIGHT: Here’s a reliable way to save money from your monthly salary

Developing the habit of saving money consistently is one of the most difficult things to do on the planet. There are a lot of reasons why this is so.
insurance covers

Try these insurance policies if you own a business

Unforeseen circumstances that occur anytime when it comes to running a business. However, with the right insurance covers, you can scale through such times without tears.
Bank Charges

A look at how you can minimise your bank charges

Nigerian banks are profitable entities, as evidenced by their annual financial statements and the performance of the banking index. However, one aspect of the banking industry in Nigeria many people dislike is the fact that the bank charges seem to be a lot and on the high side.
CBN reacts to Naira float

Does one’s fat salary automatically guarantee wealth?

We often determine how wealthy a person is by taking a look at what he earns and how he lives. However, as the saying goes, looks can sometimes be deceptive. So what does wealth accumulation entail? And what does it require? Let us find out.
Nigeria Sovereign Investment Authority

What NSIA’s FY 2018 results has taught us about investment strategy

Not too long ago, the Nigeria Sovereign Investment Authority (NSIA), announced its results for the 2018 financial year.
Fragrance Oils Business in Nigeria

Young Nigerians are making quick money selling fragrance oils

Ever so often, we witness the establishment of many low-funded businesses, as people find ways to make money or create side incomes for themselves. In Nigeria, small businesses can arguably be referred to as the bedrock of the economy.
Investment diversity

Fixed Income expert explains why investors should diversify their investments

A Nigerian fixed-income expert, Igho Alonge, recently shared on Twitter reasons why investors should always embrace the idea of diversifying their investments.
Businessman makes a strong case against equity investment

Businessman makes a strong case against equity investment

Nigerian entrepreneur and business leader, Dr. Tayo Oyedeji, recently made a strong case against equity investment. According to him, not only are stocks riskier to invest in, good returns on investment cannot always be guaranteed compared to other diversified forms of investments.
how to become an effective negotiator

CAREER TIPS: What you need to know to become an effective negotiator

The art of negotiation is an important skill you must learn if you wish to become an effective professional capable of maintaining good relationships. You also need to master it in order to be able to close satisfactory deals.
Why your business should define its target market

Why your business should define its target market

Simply put, your target market is the group of people you’re making your products and services for. Other terms used to describe this group are "target audience" and "target customer."
the value of your assets

See two key factors that can affect the value of your assets

An asset is any resource that is owned by an individual or by a business which is expected to produce positive economic value.
Mother and child

Children Day Special: Simple tips to train your kids on how to save money

Children's Day may have been yesterday, but all of us at Nairametrics are still in the celebration mode. We celebrate with the world's children because they are the light up our world and the hope for the future.
Nigeria’s Pension Fund Asset Value

Nigeria’s Pension Fund Asset Value Crosses the N9 trillion Mark

As more and more Nigerians begin to take their retirement planning more seriously thanks to growing awareness campaigns, the total asset value of pension fund assets has hit a new all-time high.
Startup Funding Rounds

From Pre-Seed to Series D: Startup Funding Rounds Explained

Raising equity funding for your startup is a long, difficult, and often demoralizing process. However, if you are successful, you walk away with money that will help your startup grow and become everything you hope it could become.
Retirement Savings Account

Everything you should know about the Retirement Savings Account

The Retirement Savings Accounts are powerful accumulators of compounded investment returns because they have a tax-exempt advantage for cash contributions and investment returns.
the value of your assets

A look at 8 countries Nigerians can invest in

One of the best ways to diversify your investments is to invest internationally; be it investing in the stock market, startup, or simply setting up a business.
pension plans

About 160,000 more Nigerians registered to participate in Pension Plans in Q1 2019

Efforts by the National Pension Commission and other stakeholders through radio jingles and other enlightenment campaigns seem to be yielding results, as more and more Nigerians are joining the bandwagon of pension participation.
venture capital

Tips on how SMEs and startups can secure venture capital funding

We have put together a couple of tips to help founders and entrepreneurs, so that the next time you pitch to a panel of Venture Capital investors, you can “kill it” and walk away with the cheque.
game of Chess

12 lessons on business strategy from the game of Chess

Are you a chess player? Well, not a lot of people are. Therefore, if your answer is no, you really need to try it. After all, it is called “the game of kings and queens” for a reason.
14 ways to turn your small business into an asset of value

14 ways to turn your small business into an asset of value

As an entrepreneur, there’s only one goal you should be aiming at – "To turn your business into a wealth-creating asset of value.’’ This perspective is according to renowned Venture Capitalist and Business Growth Accelerator, Pavlo Phitidis. 
Central Bank of Nigeria

How to get the Central Bank of Nigeria to credit your account

Doesn’t it feel good to be a lender of money? Yes, it does, especially if you know the borrower is creditworthy and would repay you with interest as at when due. The Central Bank of Nigeria could always borrow money from you and repay you when the time is due.
Money market fund investments

Understanding Mutual Fund Fees: Miscellaneous Fees

In my first article on the issue of understanding mutual fund fees, I expounded on what management fee is, how to calculate it and how to reduce the burden by negotiating better rates if you are in a position to do so.
Measuring Investments

How to calculate interest on a money market fund investment

I recently received an email from one Stephen A (last name withheld), who asked if I can shed more light on how investors can calculate interest on their money market fund investment.
investment bias

Understanding Investment Bias: What influences investors’ decisions?

The benefit of behavioural finance is that investors are able to recognize these behavioural biases and take corrective actions to avoid financial losses.
Sports betting companies

Sport betting companies enrich themselves at the expense poor customers – Tayo Oyedeji

Nigerian entrepreneur and business leader, Tayo Oyedeji, believes that many sport betting companies in Nigeria and elsewhere are enriching themselves at the expense of their mostly impoverished customers. 
Tax Waivers for startups - Emotional intelligence

6 easy ways to market your new business on the internet

Internet marketing is a necessity for every business that wants to go far. Having an online presence will help you establish your expertise.
Shoprite, Growth outlook

Beware of these 5 set of people who influence your spending habits

This article isn’t about saving money, investing or becoming wealthy. It is more about your self-awareness and the psychology behind what influences your spending habits.
Managing "emotional returns" in investments is key to staying on track

Here are some 3 investment options you really should consider

Since there are different investment options out there, you need to weigh all your options carefully before laying down a kobo of your hard earned money.
Trading on Nigeria's equity market

Things to consider when investing in shares (Part 2)

Last week, we discussed the intrinsic value of a share compared to its market price. Today, we continue the analysis.
Loom Money Africa

Before you get ‘Loomified’, beware of the latest ponzi scheme in town

Following the launch of Loom, Nigerians have thrown caution to the wind as they rush to partake, forgetting the recent the drama accompanied the collapse of MMM.

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Julian Osula, Julian's Luxury

Meet Julian Osula, the billionaire who disrupted traffic with a helicopter

Finally, the identity of the billionaire that disrupted traffic along Lagos-Benin Expressway has been revealed.
Emir Sanusi and Buhari, CBN, Central Bank of Nigeria

Sanusi declares Nigeria under Buhari a Bankrupt Nation

Former @centbank Governor, Emir Sanusi says Nigeria is bankrupt under President Buhari and this is why.
NPF Microfinance Bank loses N230 million to rogue staff

NPF Microfinance Bank loses N230 million to rogue staff

NPF Microfinance Bank in its 2018 financial statements disclosed a staff defrauded the bank of N230 million.