Investing

How You Can Make Money by Investing In Mutual Funds

If there is one simple, easy and less complicated way of investing in the financial markets, it is through Mutual funds. It gives an opportunity to just everybody to take advantage of the benefits derived from investing in the capital market, money market and the fixed income market through one instrument, even if you don’t have the sophistication and money to invest in these markets. This is why mutual funds are very popular in developed markets of the world such as the United States of America where studies show that 96 million people or 44% of household have mutual funds…

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Investing

Your 9 Best Investment Options In Nigeria

Post Updated March 2019 Are you looking for areas to invest money in Nigeria and do so with peace of mind? Then read on!  In this post, I tried to highlight the best investment options in Nigeria for you. It is however,  important that you conduct your own due diligence before investing your money in any financial product or business.  If possible seek the help of your professional adviser. Now the Best Investment Options in Nigeria for those who want to make money with peace of mind. #1  FGN Bonds Government Bonds offer the best investment options for people who seek…

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Money Talk

8 Ways to Manage Your Money to Avoid Personal Money Troubles

The importance of money in our daily lives cannot be overemphasized. It is pervasive, yet very few people understand how to deal with the challenges arising from the use of it. If you want to live a good life you must learn how to manage your money better. Your money is an important aspect of your life. The amount of money you have can determine what you do, where you go and how you live on a daily basis. Learning how to manage your money is therefore an important step towards taking control of your life. Unfortunately, the school system…

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Investing

7 Key Items to Evaluate In Annual Report and Accounts

The annual report and accounts is one important document that you are entitiled to receive from your company every year as a shareholder.  It is prepared by  managment at the end of every fiscal year to give a summary of the company’s activities for that fiscal year and a projection for the coming years. Share holders are invited by the directors to attend an Annual General Meeting every financial year. Usually, the meeting is held within the first quarter of the new year to consider the audited accounts for the previous year, approve appointment of new auditors and directors if…

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Investing

What Is Emotional Investing and How to Deal With It

Many people who fail to achieve some level of success in investing in the financial market do not realize that allowing their emotions to influence their decisions may be the reasons they are not getting expected results. This post highlights the negative impact your emotions may be having on your investing experiences and points you to how to overcome it.

Investing

How to Open A CSCS Account and Trade Stocks In Nigeria

Whether you are investing in shares of quoted companies, or in the unquoted shares traded at the OTC platform or you are investing in government bonds; you are expected to have a CSCS Account. Why? It is a requirement for investment in securities traded in Nigerian capital market CSCS is the primoary depository service provider for the Nigerian capital market The Securities and Exchange Commission has given a deadline to eliminate the issuance of physical share certificate. Thus, all investment in shares shall be electronically held, It is easy to monitor your investment portfolio with a CSCS account It guarantees…

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Grow Your Business

Free Accounting Software – 20 Best for Your Business Records

Proper book keeping helps you to track the progress of your business, measure performance, and take informed decisions.  It is a fundamental tool of strategic planning and most importantly, it helps you meet the requirement of the law.  As a matter of fact any entrepreneur who wants to avoid business failure must keep proper accounting records. Fortunately there are free accounting software packages that help you keep proper records without much hassle. In the following paragraphs, I highlight  20 free accounting tools you can start using right away to manage your business finances.  Lack of financial statements will no longer…

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Grow Your Business

How to Access Intervention Funds to Grow Your Businss

Did you know that there are intervention funds set up by the government to help SME’s finance there businesses? Why am I discussing it in this post? Available data shows that 8 out of 10 new small businesses do not survive beyond the first 18 months after they started.  That is a staggering 80% mortality rate.  Many reasons have been adduced for this parlous state of affairs. 

Grow Your Business

6 Reasons Your Bank Would Not Give You That Business Loan

Have you ever tried to get a business loan from your bank?  What was your experience like?  Most small business owners I ask these questions give depressing answers: frustrating, nightmarish, not very palatable. Their frustration usually begins from the complex application process to the stringent conditions the banks would require them to meet.  Their conclusion always come to this: