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Financial Literacy

Articles and analysis on Financial Literacy from a Nigerian perspective

This is how much you lose each year you fail to save

Just recently, I was thinking about my late father and what I wished he had told me about life in general. What readily came to mind, was what I wished my father had told me about money.
Photo by Steve Johnson on Unsplash, bond funds, money market

Determining the Best Savings Account for You

Determining the Best Savings Account for You #Banking #Savings
Revenue reserves

I love to look at Revenue Reserves and This is Why

Here is why @ugodre loves to look at the revenue reserves of a company. Find out
Love, Dating, and Marriage are financial events too...

Love, Dating, and Marriage are financial events too…

If Dangote gives you a substantial check (amen!), do not change the wedding venue to the moon. Instead, invest the gift. Marriage is more than the wedding and more about the many years ahead. And it's expensive, literally. 
Salary earner

Become a “rich salary” earner today by following these simple steps

There is a general belief that you cannot be rich working for someone else. Here is how to prove that wrong.
Old 50 kobo note

Three quick ways to find out if a stock is overvalued

Three quick ways to find out if a stock is overvalued #Stock
protect your bank accounts

How to protect your bank account from phishing attempts

We often hear stories of people being defrauded of thousands, or even millions of Naira. As scary as the stories sound, we oftentimes still fail to take certain precautions to ensure we don’t fall victim.
Nigerian Millennials

Nigerian Millennials have figured where to invest their money

This why Nigerian Millennials will rather invest in cryptocurrency and ponzi scheme.
Financial Risk Management

Financial Risk Management Tips for Individuals and SMEs

Poor financial risk management is one of the factors responsible for the failure of businesses in Nigeria and across the world.
International Investor

Why your savings are not growing

Why your savings are not growing #Savings #Growth #Investing #Business
diaspora bond

How Diaspora Bonds Work and Benefits

All you need to know about Diaspora Bond and how you can tap into it to make more money. #Bonds #Money #Diaspora
reducing expenses

Strategies to Reduce Expenses and Save Money

In everyday language, consumption is nothing other than expenses. So, by reducing your expenses, you will be in a better position to save more.
Pricing strategies

10 pricing strategies you need to know as a small business owner

10 pricing strategies you need to know as a small business owner
Relationship talks - Money questions you must ask

Relationship talks: Money questions you must ask

Money questions you must ask in relationship talks
how to measure the performance of your investments.

This is how to measure the performance of your Investments

In my last piece, I talked about why you should measure the performance of your investments. I also promised to talk about how you can calculate the performance measurement metrics needed to appraise your investments.
Startups

Watch your step: These 3 habits are startup killers

Watch your step: These 3 habits are startup killers
retirement ideas

5 post retirement ideas you should share with your parents

5 post retirement ideas you should share with your parents
Here's How To Determine Your Net Worth

Here’s How To Determine Your Net Worth

Here's How To Determine Your Net Worth
All you need to know about target saving plans, specifically an education plan

All you need to know about target saving plans, specifically an education plan

How can you save to meet a predefined target in the future? For example, if you want to save to hit a future target sum for the education of your child, how can you implement a target Saving Plan?

How To Monetize Old Share Certificates and Locate Missing Stocks

Are you one of those people with dozens of share certificates and dividend warrants stashed in a drawer or safe in your house? Let's teach you how to make them useful again.
reducing expenses

Beginners’ Guide: How to compute capital gains tax in Nigeria

Capital Gains Tax is a tax on the profit obtained from disposal or exchange of certain kinds of assets. In Nigeria, Capital Gains tax is 10% of the profits from the sale of the qualifying assets.
interview

How to interview the person hiring you

I’ve found more often than not, job candidates often neglect to “interview the company” they are meeting with in order to find out whether the organisation is a good fit for them.
how to measure the performance of your investments.

Why you should measure the performance of your investments

Investment performance is best understood after understanding what an investment is. Simply put, investment is the initial forfeiture of something of value, now, in exchange for the anticipated benefit of getting back more than what was forfeited.
Estate Planning

INSIGHT: Understanding estate planning, asset protection, and asset transfer

Estate Planning is all about planning for risks such as ill health, inability to earn income, untimely death, etc. It is also about the transfer of property
MMM Cooperation

Nigerians are falling yet again for MMM as it makes a come back

Mavrodi Mundial Moneybox (MMM), the Russian-founded Ponzi scheme which wrecked the lives of so many Nigerians in 2017 is back in business.
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.
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.
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.
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.
Learn about expense ratio

Find out how much fee your fund manager charges

Find out how much fee your fund manager charges
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FBI Obinwanne Okeke

FBI arrests Invictus Group’s Obinwanne Okeke, Forbes Africa 30 Under 30 list nominee

The Chief Executive Officer of Invictus Group, Obinwanne Okeke, who in 2016 made it into Forbes Africa’s 30 Under 30 List, has been arrested by the Federal Bureau of Investigation (FBI) for conspiracy to commit computer fraud. 
FBI's arrest of Invictus' Obinwanne Okeke stirs controversy

FRAUD: FBI’s arrest of Invictus Group’s Okeke stirs controversy

The FBI's arrest of Forbes-celebrated Invictus Group CEO, Obinwanne Okeke, has stirred controversy in the media space.
filling-station-DPR

DPR goes hard on oil marketers

Eight illegal filing stations operating in Uyo, Akwa Ibom capital have been completely sealed off by the Department of Petroleum Resources (DPR) for failing to renew their licenses.