Archives Tag: finance
7 Tips to Manage Your Finances This Christmas
April 19, 2022
It’s the season to be merry—and one in which shopping goes into overdrive. When Christmas comes around, a sizeable portion of the public makes its way to malls and markets to purchase stuff that’ll glitter, impress, and fill bellies. This translates to a lot of money spent. It also means that most people wind … Continue reading 7 Tips to Manage Your Finances This Christmas
The Impact of the New CBN Withdrawal Policy
April 19, 2022
On the 6th of December, the Central Bank of Nigeria (CBN) announced a new policy that mandates deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and corporate entities do not exceed N100, 000 and N500, 000 respectively per week. Read more about Finance Several experts and observers have … Continue reading The Impact of the New CBN Withdrawal Policy
CBN Releases New Policies on Cash Withdrawal
April 19, 2022
The Central Bank of Nigeria (CBN) has announced a new policy that requires deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and corporate entities do not exceed N100, 000 and N500, 000, respectively, per week. Read more about Finance According to a new memo to banks issued … Continue reading CBN Releases New Policies on Cash Withdrawal
CBN Imposes ₦100,000 And ₦500,000 Limit on Cash Withdrawals
April 19, 2022
The Central Bank of Nigeria (CBN) has introduced new limits on cash withdrawals over-the-counter, as well as for Automated Teller Machines (ATM) and Point of Sale (PoS). This was disclosed by the CBN in a circular made public on Tuesday. Read more about Finance The statement, signed by Haruna Mustapha, the CBN’s Director of … Continue reading CBN Imposes ₦100,000 And ₦500,000 Limit on Cash Withdrawals
How Nigeria Can Escape the Poverty Trap
April 19, 2022
In a shocking revelation revealed by the National Bureau of Statistics (NBS), one hundred and thirty-three million Nigerians are multidimensionally poor— that is over 60% of the country’s population. The report noted that 133 million Nigerians are deprived of more than one essential survival need (good health, good living standards, basic education, and gainful … Continue reading How Nigeria Can Escape the Poverty Trap
4 Reasons Why CBN Redesigned the Naira Notes
April 19, 2022
Following the launch of the newly redesigned Naira notes (1000, 500, and 200), many Nigerians have expressed scepticism about such a move, questioning the logic and wisdom behind such an ambiguous project. However, several monetary and security experts have pointed out the merits behind the government’s move. Read more about Finance To Curb Inflation … Continue reading 4 Reasons Why CBN Redesigned the Naira Notes
Nigerians React to Naira Redesign
April 19, 2022
Following the release of newly redesigned 200 Naira, 500 Naira and 1,000 Naira notes by President Muhammadu Buhari and the governor of Central Bank of Nigeria, Godwin Emefiele, thousands of netizens have reacted. Read more about finance The much-touted naira redesign has sparked controversies among thousands of social media users on Twitter NG and … Continue reading Nigerians React to Naira Redesign
The Afrinvest Analyst Program (TAAP) 2023: Applications Currently Ongoing
April 19, 2022
Afrinvest is inviting recent graduates who want to begin a career in finance to apply for their analyst program. If you are a young Nigerian who has completed an undergraduate degree program and would like to build a career in the finance industry, you may consider applying for this opportunity. Read more about Opportunities … Continue reading The Afrinvest Analyst Program (TAAP) 2023: Applications Currently Ongoing
Real Estate Investments: 5 Ways to Finance Them
April 19, 2022
Real estate investments are typically capital-intensive. Unless you have a significant capital outlay with which to venture into the business of developing, renting and selling property, your options for getting involved in the industry will be limited. Read more about Real Estate You may wonder what possible sources of funding for your real estate … Continue reading Real Estate Investments: 5 Ways to Finance Them
CBN Unveils Redesigned Naira Notes
April 19, 2022
After much trumpeting of naira redesign, CBN and the President of Nigeria, Muhammadu, Buhari finally unveiled the new currency notes on Wednesday morning before the federal executive council (FEC) meeting at the state house, Abuja. Read more about Politics In attendance was also the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele … Continue reading CBN Unveils Redesigned Naira Notes
6 Things You Should Do Before Applying For A Digital Loan
April 19, 2022
In the past, most regular people could not get loans from banks. Starting about a decade ago, online lending platforms emerged to fill this gap. They offered the public an easy and convenient way to apply for and get loans. All that users had to do was to register on loan apps, apply for loans, … Continue reading 6 Things You Should Do Before Applying For A Digital Loan
4 Things FinTech Founders Must Note To Make Digital Finance Impact
April 19, 2022
Unlike in China, the United States, Europe and Canada, there is a great dearth in the Nigerian digital finance ecosystem regarding impact. Whether it’s e-commerce, person-to-person (P2P) transfers, savings, credit, and general financial technology, the nation’s digital finance landscape is not overwhelming compared to other climes. Read more about Fintech This is a result … Continue reading 4 Things FinTech Founders Must Note To Make Digital Finance Impact
Debt Vs Equity Finance: Which Is Better For Your Business?
April 19, 2022
If you’re seeking funding for your business, there are multiple sources of finance you can choose from. You may either utilize funds that you have saved up or hunt for external support. If you opt for the latter, you could go for debt or equity financing. Read more about Business Debt financing options include bank … Continue reading Debt Vs Equity Finance: Which Is Better For Your Business?
Key Impacts Of Fintech On E-commerce In Nigeria
April 19, 2022
E-commerce in Nigeria has experienced drastic changes over the last couple of years. These changes have stemmed from technological improvements, strategy implementations and fintech evolutions. Fintech has come to gain much ground in the e-commerce sector and even all forms of trading in general. This has led to an increase in the demand for financial … Continue reading Key Impacts Of Fintech On E-commerce In Nigeria
5 Ways To Effectively Cut Cost In The Face Of A Recession
April 19, 2022
One of the ways to stay afloat in the face of recession is to effectively cut costs. Cutting costs can be positive if deployed appropriately and can also be destructive when you aren’t careful. Read more about Finance Presently, the world is faced with an economic depression. Companies are shutting down, workers are … Continue reading 5 Ways To Effectively Cut Cost In The Face Of A Recession
