Home Financial Literacy

Financial Literacy

Articles and analysis on Financial Literacy from a Nigerian perspective

MMM Ponzi Scheme

Sad reason why Nigerians keep falling prey to Ponzi Schemes

This explains why Ponzi Schemes continue to popular in the country, despite the disappointment aftermaths often associated with it.
How to save money in 2019

How to Save More In 2019

2018 has come and gone and some of us are still wondering what we did with all the money we got in 2018.
Shopping on a budget

How you can shop on a budget this Christmas season

A visit to some of the major shopping hotspots in Lagos, revealed just how much Nigerians are willing to splash money all in the name of Christmas
Investing in stocks Photo by Mark Finn on Unsplash

Why do I need an insurance

5 years ago, one Saturday morning, I climbed a 27 feet ladder to clean the gutters on the roof of our house after the...
Nigerian Stock Exchange

What You Need To Know About The Term “Basis Point (BPS)”

It is typically used to express differences in interest rates of less than 1% per year.
minimum wage in Nigeria, How to save money in 2019, ATM, NIP, NBS, CBN, Inflation, Interest Rates

How Not To Invest In Shares

Meet Bright, the “intrepid" investor  Bright thought it was time to get into the stock market business and decided to open an account with a...

Money questions you must ask in relationship talks

Money revolves around all aspects of human endeavours and is a necessary modality to consider when going into a romantic relationship that will probably...

How to build a profitable Mutual Fund Portfolio

For those who do not have the time or expertise required to do the analysis involved in selecting good stock investments, mutual funds can...
Mutual funds

These are the best performing mutual funds for the week ended April 6, 2018

Data from the Securities and Exchange Commission (SEC) website shows the Net Asset Value (NAV) of mutual funds increased by 2.49% from N529 billion for the week ended March 29, 2018 to N542 billion for the week ended April 6, 2018. Equity and money market funds delivered largely negative returns, while bond and fixed income […]

Old 50 kobo note

Three quick ways to find out if a stock is overvalued

Deciding what stock to buy can be a challenge especially in a bullish market. Bullish markets are characterized by higher returns on the average...
Photo by rawpixel.com on Unsplash

This is the best Mutual Fund in Nigeria this year so far

Data from the Security and Exchange Commission (SEC) says there are 73 Mutual Funds in the country as at March 29, 2018. The Mutual Funds...
CBN Gov Godiwn Emefiele

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...

How to organize a budget wedding with N100,000

A budget wedding hardly comes to mind when you dream of your wedding day However, as they...
Land in Lagos

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 ...

5 things you must know before you turn your lover to spouse

Most Nigerians strongly believe the misconception that marriage often brings misfortune. This statement is not only untrue but bias. It is common practice (especially...

This two minute test can determine if you are cut out to be an...

In the world today, there seems to be an ever-present yearning for entrepreneurship. “Be your own boss” and “Become an entrepreneur to fulfill your...

How to avoid wardrobe malfunctions during online interviews

Online interviews are becoming increasingly popular as employers are getting attuned to the fact that they may be losing potentially valuable employees due to...
Investors closing the bell on the floor of the Nigerian Stock Exchange

How to invest in the Nigerian Stock Exchange

This article provides a step by step guide on how to invest in the Nigerian Stock Exchange. We will also highlight a number of...
Investing in FGN Bonds

Differences between Sukuk and FGN Bond

A bond is a fixed income debt instrument issued by the government (federal or state government) or corporate institutions with a definite date of...

A cheat sheet for IJGB’s relocating to Nigeria from “the abroad”

This article is for any of our I just Got Back (IJGB) Nigerians who are relocating from abroad for the first time. We are...

4 emotions Nigerian cryptocurrency traders have almost everyday

The Central Bank of Nigeria (CBN), Securities and Exchange Commission and other regulators have continually warned against the acquisition of cryptocurrencies by Nigerians over...

3 apps that make managing your personal finance very easy.

Today, there’s almost an app for everything. Games, fashion, modelling, you get apps that claim to help you in one way or the other....

These Nigerians have perfected smart ways of owning a house without a mortgage

One of the heaviest recurrent expenses of a family is rent. However, in Nigeria, paying rent is almost an inevitability until that pot of...

Regulatory and compliance requirements every business owner in Nigeria must know

Businesses operating in Nigeria are increasingly being regulated as the Government strives to promote good corporate governance and best practices. To ensure your business...

5 post retirement ideas you should share with your parents

It’s about that time when your folks have to readjust to a new phase in life- retirement. After several decades of working, it’s about...

How Diaspora Bonds Work

Nigeria’s Finance Minister, Kemi Adeosun recently revealed the Federal Governments (FG) plans to launch a $300 million diaspora bond bid in March 2017. So...

Difference between FGN Savings and Treasury Bills

Before now the retail investors in Nigeria who wanted to invest in risk free short-term dated interested yielding securities could only invest in treasury...

Cryptocurrency: 6 risks you need to know about

If you have investing about N1 million in bitcoins in January this year, chances are that the investing will be worth about N2.6 million...
buy and sell stocks

INVESTING TIPS – When to Buy or Sell Stocks

Nairametrics| Whilst there is no sure way to determining when to buy and sell stocks several ideas and methodologies used by reputable investors all...

What are Investment Unit Trusts?

And it is supported in Nigeria as well


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.