Managing back-to-school expenses?
Parents of school-age children in Nigeria feel the pinch in their pockets at the beginning of every academic year, especially those in private schools.
From...
How to avoid wrong investment
After reading the stories on this page titled “Investing in stocks, consider…” and “Explore these collective investment schemes”, a reader from Enugu sent an...
Get rid of ageing assets before they hurt your finances
Aging assets losing value by the day are money holes, but knowingly or in ignorance people keep them, sometimes at a cost to personal...
Investing in stocks, consider…
Still fresh in memory are stories of how thousands of investors lost over N6 trillion in the stock market crash of 2008 and the...
Separate personal assets from business dealings
Many business start-ups are under pressure to stay afloat during gestation. Data from the Lagos Chamber of Commerce (LCC) show that most of them...
CIS option for the ordinary investor in equities
Adopting a collective investment scheme (CIS) is the best way for the unenlightened investor to explore wealth creation in the equities market.
In CIS, licensed...
Biometric identification raises hope of fraud free banking
Banks in Nigeria lost a total N159 billion to electronic fraud between 2000 and the first quarter of 2013.
Automated teller machine (ATM) fraud in...
Consolidate several contributory pension accounts into one
For workers who have moved across several employments, there is absolute need to consolidate contributory pension accounts before retirement, otherwise some contributions will not...
Explore affordable life policy from your mobile phone
You probably have received this message from MTN: “You can now enjoy a life insurance cover of N350,000 for just N15 per day with...
Why most forex traders lose money (3)
Most traders lose money, regardless of how intelligent and knowledgeable they are about the markets. The good news is that the problem can be...