Archives Tag: economy
Simple Guide to Understanding Interest Rates in Nigeria
April 19, 2022
Interest rates are important to any nation’s economic framework. It affects personal finances, business operations, and the overall economy. This is also true in Nigeria. However, not many understand how interest rates are determined. For many, interest rates are arbitrarily determined by individual banks. But nothing can be farther from the truth than that. … Continue reading Simple Guide to Understanding Interest Rates in Nigeria
How To Start a Business Amid Economic Hardship
April 19, 2022
Nigeria, like many countries, has faced its share of economic hardships, characterized by inflation, currency fluctuations, and unemployment, making the idea of starting a business during such times appear risky. However, history has shown that some of the most successful businesses were born out of adversity. In this article, I’ll try to convince you … Continue reading How To Start a Business Amid Economic Hardship
Navigating Economic Fluctuations and Ensuring Long-Term Success
April 19, 2022
The economy is prone to tides of prosperity and waves of uncertainty. With inflation rising and recessionary whispers swirling, it’s no wonder many feel anxious about the future. But fear not, for even in turbulent waters, savvy navigation can ensure a safe passage to long-term success. Here are some key strategies to guide you … Continue reading Navigating Economic Fluctuations and Ensuring Long-Term Success
How to Make Your Business Withstand Tough Economic Times
April 19, 2022
In times of economic turbulence and uncertainty (such as the present moment), businesses face numerous challenges that can test their resilience and viability. The ability to withstand tough operating conditions is a skill that all entrepreneurs should have. After all, downturns are a fixture of economic cycles. If you implement the right strategies, you … Continue reading How to Make Your Business Withstand Tough Economic Times
Central Bank of Nigeria (CBN) Refutes Claims of Naira Devaluation
April 19, 2022
In a recent development, the Central Bank of Nigeria (CBN) has vehemently denied the circulating news that it has devalued the Nigerian naira. Speculations had been rampant, claiming that the official exchange rate of 465 Naira to a dollar had been revised to a concerning 630 naira to a dollar. However, the CBN has come … Continue reading Central Bank of Nigeria (CBN) Refutes Claims of Naira Devaluation
The Role of Nigerian Workers in Building the Economy
April 19, 2022
Workers’ Day is a special day set aside to honour and appreciate the contributions of workers to the growth and development of any economy. In Nigeria, the celebration of Workers’ Day, also known as May Day, is an opportunity to recognize the vital role of Nigerian workers in building a stronger and more prosperous … Continue reading The Role of Nigerian Workers in Building the Economy
Workers’ Day: The Future of Work in Nigeria
April 19, 2022
Workers’ Day in Nigeria is celebrated annually on May 1st. It is a public holiday that recognizes the contributions of Nigerian workers to the nation’s growth and development. The day provides an opportunity for workers to reflect on their achievements and to advocate for their rights and welfare. In Nigeria, Workers’ Day focuses on … Continue reading Workers’ Day: The Future of Work in Nigeria
How Can Nigeria Recover From Its Debt Crisis?
April 19, 2022
Nigeria is facing a debt crisis due to several factors, including low oil prices, economic mismanagement, and corruption. The country’s debt-to-GDP ratio has reached an unsustainable level, and the government is struggling to meet its debt obligations. In order to recover from this crisis, the Nigerian government will need to implement a combination of … Continue reading How Can Nigeria Recover From Its Debt Crisis?
How Nigeria Can Boost Her Economy Through Agronomic Policies
April 19, 2022
Nigeria, the largest economy in Africa, has great potential for growth and development through the implementation of agronomic policies. However, the country remains the poverty capital of the world with over 130 million people facing multidimensional poverty. Nigeria is in the grim reaper of a strangulating recession but can redeem herself via the untapped … Continue reading How Nigeria Can Boost Her Economy Through Agronomic Policies
Advantages Of A Cashless Economy
April 19, 2022
Several years back, it was difficult to convince people to limit the amount of cash they carried around. There were also reservations as to the efficacy of the cashless system. However, right now, we are typically running a cashless society. Although a few people remain resistant to this change, we can’t be far from the … Continue reading Advantages Of A Cashless Economy
The Nigerian Who Helped Build East Asia’s Economy: Kalu Idika Kalu
April 19, 2022
In the face of Nigeria’s economic woes, history beckons us to look to the advanced nations whose economies are enviable and study how they did it. Over the years we have always admired the Asian Tigers of Hong Kong, Singapore, South Korea, and Taiwan. However, it has not been brought to the mainstream that … Continue reading The Nigerian Who Helped Build East Asia’s Economy: Kalu Idika Kalu
Everything You Should Know About Foreign Exchange
April 19, 2022
Previously, Foreign exchange was just a concept for governments, large companies, and hedge funds, however, in today’s world, foreign exchange has become so accessible to everyone as many investment companies now offer the chance for individuals to open accounts and trade currencies anytime they choose. Read more about Finance Foreign exchange is the conversion or … Continue reading Everything You Should Know About Foreign Exchange
Economy Finance LIFESTYLE Personal Development
4 Money Lessons From Pastor Sam Adeyemi That Will Transform Your Life
April 19, 2022
For the past few years, I have been following one of Nigeria’s finest thinkers, Pastor Sam Adeyemi. Pastor Sam Adeyemi is a Senior Pastor and founder of the Daystar Christian Centre, Lagos, Nigeria. He is also an author of multiple publications. He is also a renowned motivational speaker and has been recognized by Forbes … Continue reading 4 Money Lessons From Pastor Sam Adeyemi That Will Transform Your Life
How To Increase Your Net Worth
April 19, 2022
Net worth can be defined as the total of all you own when your liabilities are being taken away. It helps you gauge your financial status and success. There are two kinds of net worth: Read more about Finance Liquid net worth: This is the amount of cash or assets that can be easily … Continue reading How To Increase Your Net Worth
Why Personal Finance Should Be Taught In Schools
April 19, 2022
A great number of people leave institutions, after investing 16 to 20 years of their lives with little or no financial knowledge or investment. This is why the rat race for financial independence might continue for a long time, as the awareness of the importance of financial education is gotten later, rather than sooner. Personal … Continue reading Why Personal Finance Should Be Taught In Schools
