Savings is āan economy of, or reduction in money, time or another resourceā. It is the money you have kept aside, especially through a bank or official schemeā Whichever way you look at it, we can safely say that it is an action taken today for the benefit of a near future seen or … [Read more...] about What are Savings?
Where Should You Invest Your Money Right Now
It all depends on whether you are new to investing in Nigeria, building a portfolio for the post-corona events, or you even have some stock winners of your own. But if you have some money to spare, we recommend you invest it in the stock market or federal government bonds. As shocking as this … [Read more...] about Where Should You Invest Your Money Right Now
COVID-19: How to Manage Your Stocks Through a Pandemic
The stock exchange regulatory body understands more than anyone the impact a total lockdown of the trading floors will have on the economy as a whole and has made it a priority to help manage your stocks and keep the operations going at all costs while also working with the relevant government … [Read more...] about COVID-19: How to Manage Your Stocks Through a Pandemic
How Does Coronavirus Affect Financial Investment?
CoronaVirus Disease [Covid-19] is a respiratory disease with symptoms such as cough, fever and severe breathing. The outbreak was declared a Public Health Emergency of International concern on 30 January 2020 after recording a first case in Wuhan, China. According to The WHO, the pandemic spreads … [Read more...] about How Does Coronavirus Affect Financial Investment?
Getting Started With Investment Banking
Introduction Investment banking is an aspect of banking related to capital creation for other companies, governments, and other entities. Investment banks help these corporations and other groups plan and manage financial aspects of large projects. They assist in the sale of securities, … [Read more...] about Getting Started With Investment Banking
The Differences Between Savings and Investment
Preamble: āSavingā and āInvestingā are familiar expressions employed in the finance industry. They are, however, sometimes used interchangeably. When it comes right down to it, we should be engaged in both to secure our financial future. In the business of building wealth, identifying the … [Read more...] about The Differences Between Savings and Investment
5 Investment Pitfalls You Should Avoid
Preamble: How is it said, again? āLife is not a bed of rosesā? As humans and as mortals, we are susceptible to making mistakes. Itās probably entrenched in the cycle of life that these things are bound to occur. The same principle applies to investment: some days, we win, other days, we lose. … [Read more...] about 5 Investment Pitfalls You Should Avoid