Personal Finance

Introduction Imagine if a friend walks up to you and tells you about this sweet investment. It has a high return rate. He gives you little or no details about what kind of venture you are putting your money in to. All you have to do is give up a few thousands of Naira. Wait for a given period, … [Read more...] about Ponzi Schemes – How they work And Why You Should Be Careful

What are Treasury Bills (T-Bills)? Treasury Bills (T-Bills) are short-term financial instruments that are issued by the Central Bank of Nigeria with maturity periods ranging from 3 months to one year. They are debt instruments that are fully backed by the government and considered very safe … [Read more...] about Your Ultimate Guide to Nigerian Treasury Bills

Introduction Bitcoin (BTC) is a form of digital “currency” and the first example of a cryptocurrency. It is purely a computer-based means of exchange that cannot be held or kept in a wallet like regular banknotes. What’s also interesting about it is that; it does not flow through the traditional … [Read more...] about All You Need to Know About Investing in Bitcoin (BTC)

Caught in between the web of ascertaining where to invest your money? The time to invest is now but first is to do a critical investment analysis. With a variety of investment opportunities in Nigeria, you are just one step from growing more wealth. What are some investment opportunities to look out … [Read more...] about Investment Opportunities in Nigeria with The Highest Returns

Introduction When we make reference to investment plans; there are usually two prime options available: short-term investments or long-term investments. When we, however, take a glance from a professional lens, there’s only one option available. If it comes down to full-fledged investment, some … [Read more...] about Short-Term Investments or Long-Term Investments?

Introduction Wealth building is an integral aspect of financial freedom. While this is not solely achieved overnight, conscious attempts can be implemented at its feasibility. One of these attempts is tilted towards investing. Should you invest at all? Is it worth the risk? Have you started … [Read more...] about 5 Reasons You Need To Invest

There are differences between savings and investments, as well as similarities. Although one would expect that the discrepancies between both of them outweigh their relationships. A shared trait between saving and investing is the importance they play in our lives. We shall spend the subsequent … [Read more...] about Similarities Between Savings and Investment

Preamble: “Saving” and “Investing” 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

Learning the basics of investing is synonymous with learning a new language; it is pretty easy to get lost or feel overwhelmed. In the investment types we discuss below, we wield them as tools that can help you achieve your financial goals. Each broad investment type—from stocks to property—has its … [Read more...] about Some Common Types of Investments You Need to Know

Sometime ago; in the early 1930s, a 7-year-old worked in his family’s grocery store. He always purchased six packs of Coca Cola from the store for 25 cents, and would resell them for a nickel – pocketing five cents. At age 11, he took odd jobs; from washing cars to waking up at 4:30am; selling … [Read more...] about The Different Types of Investors: What Kind Are You?