Month: December 2018
Thrift Collection Business – This Ancient Banking Model Is Still Very Profitable
Reading Time: 7 minutesThe origin is not known but Thrift collection business has been with us for a very long time in Africa. The popular Alajo Shomolu, arguably the first known organised thrift collector to operate in Lagos, started his business in 1954. …
Investment Opportunities in the Nigerian Money Market
Reading Time: 8 minutesThe financial market provides the platform for mobilizing funding for all economic entities – government, businesses, and households. There are two main segments of the financial market, namely the money market and the capital market. While the money market is…