Investing

6 Smart Ways to Invest In Nigeria With A Small Amount of Money

What are the ways to invest in Nigeria with a small amount of money? Is it possible to invest in Nigeria with small money? Are there opportunities for people who don’t have much money to invest in Nigeria and make money? Can a poor person invest in the stock market? These are some of the questions I regularly receive in my email. And my answer is a big yes to all of them. Many people think that making an investment is an exclusive preserve of the very rich class.  On the contrary, anybody can start investing irrespective of how much…

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Investing

How to Start Investing In the Nigerian Stock Market

The Nigerian stock market was shaken in 2008 by the global financial crisis and a domestic banking crisis that caused stock prices to plummet.  The market has since recovered though it is yet to attain the pre-crisis heights in 2007 when market capitalization of listed equities was $84 billion. The Nigerian stock market attracts large foreign investors’ portfolio due to the high returns it offers. For instance, in 2018, foreign portfolio flows accounted for about 51 percent of total market transactions at the Nigerian Stock Exchange.  Also in the period 2011 to 2015, foreign transactions consistently outperformed domestic composition. And…

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Business Ideas, Investing

5 Top Sectors to Invest In Nigeria In 2019

This post identifies top five sectors to invest in Nigeria.  It is intended to guide people who are looking at doing business in Africa’s second largest economy and one of the top attractive economies to do business in . Nigeria is a good place to do business in spite of her challenges. Some of the critical drivers are high returns on investment  (ROI), relatively low labour cost, huge market, large consumer spending arising from her large population which is estimated at over 200 million people and a large endowment of natural resources to provide input to industries.  This is in…

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Investing

Investment Opportunities in the Nigerian Money Market

The 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 structured to mobilize and distribute short-term funds to economic units, the capital market mobilizes funds for long-term needs. This blog post focuses on the money market.  If you are looking for where to earn a steady income on your money and do so on a continuous basis over time, then read on to learn of the various options in the…

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Investing

Top 12 Online Savings and Investment Platforms In Nigeria

Online savings and investment platforms are some of the positive disruptions Financial technology (Fintech) has brought to financial services. These platforms are making savings and investing easier for people who hitherto were unable to access financial services through the regular deposit money banks.  With these portals, websites and mobile apps, ordinary folks can now save effectively, invest profitably and even get loans without collateral In this post, I will show you some websites and mobile apps you can start using today to save and invest money wisely in Nigeria in an automated manner.  These savings and investment platforms have helped…

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Investing

FGN Savings Bond: Another Alternative Way to Save

If you are considering an alternative way of saving to earn higher returns than what you will normally get from your regular savings account with your bank, then the FGN Savings Bond may just be what you need.  In case, you do not know, a bond is a financial instrument with which an entity borrows money from the public.  It is more or less a promissory note or an IOU in which the entity admits that it owes the lender a certain amount and undertakes to pay the entire debt at a particular future date. The borrowing entity is known…

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Investing

How to Invest in Corporate Bonds in Nigeria

One profitable way to make money in Nigeria is by investing in corporate bonds. The Nigerian corporate bonds market is generating quite a lot interest in recent time; unfortunately, most retail investors do not think about corporate bonds when they are considering their investment options. This apathy is not peculiar to Nigerian retail investors.  Corporate bond is a specialized investment instrument which requires a level of knowledge that may not be easily available to the average man on the street.  Hence, companies that issue bonds usually target institutional investors like pension funds, asset managers and insurance companies. These institutional investors…

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Investing

6 Reasons You Should Start to Invest In Gold

Why should you invest in gold?  This blog post will tell why. Many people are yet to forget the impact of the global financial crisis of  over a decade ago  (2007) and particularly the prolonged stock market meltdown that followed. Investors lost significant fortunes that many vowed not to invest in stocks ever again. Some developments in the global economy are generating the fear that there might yet again be another round of economic crisis and people are beginning to look for more stable, crisis-proof investment options. The asset class that offers this kind of protection is Gold. Some may…

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Investing

Cryptocurrency: Understanding the New Face of Money

Cryptocurrency is gaining popularity as an asset class. Every day you hear people talk about  bitcoin, litecoin, onecoin and so many more. In fact to most people in Nigeria, cryptocurrency is gradually becoming their most preferred investment options when considering options for wealth creation. In this post, you will get learn what cryptocurrencies are and how can invest in them and if you trace the evolution of money as means of exchange, you will begin to have an idea why cryptocurreny is said to be the future of money. Then, lets first consider How Money Evolved Man used to exchange…

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Investing

How to Get Good Stockbrokers In Nigeria

Are there good stockbrokers in Nigeria?  How can I get one?  I hear people ask these questions very often. Many would be investors  are reluctant to start investing in stocks because of the sad stories they have heard about dishonest stockbrokers. Unfortunately, it is not possible to trade stocks without the stockbroker. By all means, there are many excellent stockbrokers in Nigeria and they are easy to find if you know how to go about it. This is what this post is all about: How to get good stockbrokers in Nigeria. WHY YOU NEED A STOCKBROKER Stockbrokers play very significant…

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