Mutual funds are a popular investment option in Nigeria, attracting a growing number of investors. A mutual fund is an investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, and other securities. The funds are managed by professional fund managers, who make investment decisions on behalf of …
Nigeria is home to a diverse range of banks, each offering different features and benefits for businesses looking to open an account. With so many options available, it can be difficult to know where to start. This article will provide a comprehensive guide to the top 10 best banks for business accounts in Nigeria in …
The Bank Verification Number (BVN) has become an essential part of financial transactions in Nigeria. Not only does it enhance security and combat fraud, but it's also now your key to accessing your funds! By April 2024, bank accounts without a BVN and National Identity Number (NIN) will be frozen, making BVN verification more crucial …
The 50/30/20 budget rule is a popular budgeting strategy that can help people manage their finances. This rule is a simple and effective way to divide your income into different categories, which can help you prioritize your spending and savings. The rule is based on the idea that you should allocate 50% of your income …
Starting an online business in Nigeria is a great way to tap into the country’s growing digital economy. As more and more people are using the internet to shop, work, and learn, there are many different types of online businesses that you can start in Nigeria. However, despite the many opportunities available online, starting and …
The economic landscape in Nigeria is rapidly changing. With a large young population and increasing internet penetration, there is a rising interest in starting a daily income business in Nigeria that can provide a steady cash flow. Understanding the starting costs and profitability of various business ideas is key for aspiring entrepreneurs. This blog post …
Are you ready to unleash your inner tycoon? Then it's time to start paying attention to insightful money quotes that would help you grow. Taking control of your finances is a powerful and empowering step toward achieving your financial goals and securing your future. Reading or listening to success stories of individuals who have achieved …
As we enter 2024, it's more important than ever to take control over your personal finances. With high inflation, rising costs of living, increasing debt, and economic uncertainty on the horizon, having a solid personal budget and financial plan has become crucial. Recent statistics show that over 60% of adults do not keep track of …
As we enter 2023 still facing economic uncertainty, creating a realistic and forward-thinking budget is crucial for business success in the coming year. With cautious GDP growth predictions and fluctuating interest rates, understanding your numbers will be key to navigating the financial landscape in 2024. This blog post will explore the fundamentals of business budgeting—from …
As we enter 2024, Nigerian families face growing economic challenges that make proper budgeting more important than ever. With high inflation, a fluctuating naira, and rising costs across sectors like food, housing, education, and healthcare, families need financial discipline and planning to achieve stability and success. While the news often focuses on doom and gloom, …
The digital revolution has transformed economies across the globe, opening up new opportunities while also bringing to fore complex challenges. For Nigerian businesses, leveraging online channels promises immense growth potential – but not without significant hurdles along the way. This article explores the challenges of businesses going online and offers strategies for overcoming them. The …
Banking in Nigeria is undergoing a thrilling transformation, embracing cutting-edge technologies and forging novel solutions to empower customers. It's all about making your financial journey smoother, safer, and more enjoyable than ever before. Let's zoom in on five exciting examples! 1.UBA's Leo: Your AI Banking Companion Say goodbye to long waits and impersonal menus. Meet …
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