Reading Time: 5 minutes How do you get rich in a poor country? Some believe that people living in poor countries are destined to be poor. After all poor countries are characterized by many negatives. No job, rampant corruption and a population with little or no money. When you see a rich person in a poor country, he is either a politician that has …
Reading Time: 4 minutes Challenges of the rampaging Covid-19 may force financial firms operating in the Unsecured Business Loans space out business soon; this writer observes. Often, our dreams are bigger than our bank accounts. You might want to start a pizza shop downtown. Or, you might have your eye on that 2,000 square foot home in the suburbs. In these cases and others, …
Reading Time: 5 minutes Let’s talk about real estate investment. Some experts advice that investing in real estate is a bad idea. They reason that properties don’t have the kind of liquidity that assets like stocks, bonds, and mutual funds have. They also reason that Investing in real estates requires huge capital outlay. And it’s an asset class that depends so much on cash …
Reading Time: 2 minutes Dear friend, I guess you are here for any or all of these reasons: You want to start an online business but don’t know how to go about it. Or you are already doing one but are not making much progress. It may be that you’ve heard so many success stories of online business owners that you are considering one. …
Reading Time: 6 minutes Traditionally, trading of financial instruments are carried out through the Exchanges. And only certain professionals can trade at the Exchanges. Not any more. Nowadays, online trading has made it possible for anyone to buy and sell financial instruments leveraging the internet What Is Online Trading Online trading is the buying and selling of financial instruments using the the internet. Any …
Reading Time: 7 minutes Knowing what stock to buy and when to buy it is an important skill every investor should have but one which many lack. In other words, not many people who invest in the stock market know how to find and evaluate stocks. And this is the reason most people lose money or get frustrated. Professional investors use either of two …
Reading Time: 6 minutes Are you desiring to start a bank in Nigeria? You can, if you know how to go about it. Nigeria has a vibrant banking industry. As a matter of fact, banks dominate the entire financial services spectrum. Prior to 2010, the universal banking model permitted banks to offer other ancillary financial services. Then we had banks that were involved in …
Reading Time: 7 minutes One prominent Nigerian entrepreneur caused a stir at a certain business conference for aspiring entrepreneurs where he was a guest speaker. At that conference, he told his mesmerized audience that he didn’t believe in writing a business plan. One of his obviously confused wannabe entrepreneur in the audience stood up and asked… “Sir, Did you mean that writing a business …
Reading Time: 5 minutes Real Estate Marketing can be the easiest way of starting a lucrative real estate business if you know how to go about it. I said “if you know how to go about it” because I know many people who call themselves real estate marketers, estate agents or even realtors, yet they know nothing about the business, hence they are achieving …
Reading Time: 5 minutes There are many types of business insurance cover available out there for business owners. Unfortunately many entrepreneurs, particularly small business owners seem not to know the positive impact insurance can make on their businesses. Particularly in a developing country like Nigeria, insurance knowledge is low. Ask someone whether he has a life insurance policy he will tell you he doesn’t …
