Category: Investment
Fixed Deposit vs Treasury Bills: Which is better?
Some investment schemes can force you to choose between the devil and the deep blue sea. However, it is necessary that you assess both before deciding. In this post, we’re going to look at fixed deposits and treasury bills to ascertain which is better. Both investment schemes are short-term. They are also low-risk investments with …
10 Best stockbrokers in Nigeria (2023)
Buying and selling in the Nigerian stock exchange begins with finding the right stockbroker for individual investors. Thankfully, there is a long list of licensed Stockbrokers in Nigeria. Stockbrokers are financial experts who trade stock and other securities on the stock exchange on behalf of their clients. A broker usually earns a commission or fee …
Bamboo: How to open account, buy & sell foreign stocks, and more
Bamboo is a digital platform that grants users access to buy, hold and sell over 3,000 stocks in the US stock market. In this post, you will learn how to open an account on Bamboo, how to buy and sell foreign stocks, Bamboo trading fees, etc. What is Bamboo, and how does it work? Bamboo …
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Fixed deposit in Nigeria: Interest rates, investment & more
A fixed deposit is an ideal way to earn passive income on your money instead of keeping it idle in a savings account. In fact, many people make a business out of investing huge amounts for as long as one year, to reap a larger share of interests at maturity. This is not a scam …
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10 Best Apps To Save Money in Nigeria
Saving money has become one of the easiest things to do in Nigeria due to the advancement in technology. The tech industry has evolved so much that you can save money without visiting your bank or financial institution. While there are secure Fintech apps and platforms to save your hard-earned money, there are also others …
Mutual funds: What is it? How does it work & how to invest
Mutual funds investment is one of the best investment tools for those who are looking to grow their money. If you’ve been thinking about adding mutual funds to your investment portfolio, it’s a good idea to get some information on the subject to make sure you select the option that’s right for you. Hence, keep …
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Popular investment terms & their meaning
Do you know the most important definitions related to investing? If your answer is “somewhat,” or “No”, then you’ve come to the right place. To understand the world of investing, you need to have a glossary of key investment terms. It might seem a little intimidating at first, but once you get these definitions in …
The Do’s and Don’ts of Investing for everyone
More and more often, you hear financial experts say that your money has to work for you and that you will miss opportunities if you do not immediately ‘invest’. Also, you will frequently hear more successful investment stories than failure stories. All of this makes many entrepreneurs and private individuals restless and bump into investments …
How to invest in FGN Savings Bond
FGN Savings Bond is an investment product issued by the Debt Management Office (DMO) for the Federal Government of Nigeria. This product Targets the small savers or low-income households who will be unable to buy Treasury Bills (TB’s) due to the recent upwards review of minimum investing deposit for TB from N10, 000.00 to N50,000,000.00. You …
Guide to stock investment in Nigeria
As a result of the high inflation rate plaguing the economy, it is imperative to invest money (including savings) because even money kept in bank accounts loses value every day. By investing, you can grow your wealth and beat inflation over time. Hence, it is wise to commit your money into a veritable venture as …