Home » Archives by category » Editor’s Picks (Page 2)

Oil Price Leveraging.

Oil Price Leveraging.

A thin ray of light has pierced Nigeria’s gloomy skies. International crude oil prices held steady above the $55 per barrel threshold on Friday while, two days before, the World Bank reaffirmed its forecast of a return to positive growth for Africa’s largest economy. The prospects present two classic challenges: managing revenue from the price […]

Tips On How To Read Your Bank Statement

Tips On How To Read Your Bank Statement

Some people never take the time to learn how to read their bank statement. Instead, they throw out their statements or delete them from their inbox before taking a closer look. If you are in this habit, there is no better time than now to make a change. Learning how to read your bank statement is […]

Venezuela President Raises Minimum Wage By 50%

Venezuela President Raises Minimum Wage By 50%

“To start the year, Venezuela’s socialist President Nicolas Maduro raised salaries and pensions.” Venezuela’s socialist President Nicolas Maduro announced on Sunday a 50 percent hike in the minimum wage and pensions, the fifth increase over the last year, to help shield workers from the world’s highest inflation rate. The measure puts the minimum monthly salary at […]

Bitcoin Quietly Doubles As Global Currency Markets Collapse

Bitcoin Quietly Doubles As Global Currency Markets Collapse

The price of bitcoin more than doubled in 2016! What is Bitcoin? It’s been a year since I argued that bitcoin was too big to fail, but it has only got stronger. And yet, you don’t have to look far to find a new death knell for the digital currency. These prognostications may be loud […]

Best And Worst Stocks For 2016

Best And Worst Stocks For 2016

The foreign exchange woes of the Nigerian economy dealt blows to the All Stock Index of the Nigerian Stock Market throughout 2016. The Naira’s decline pushed the Nigerian economy in to a recession with inflation close to 19% towards the end of the year. Still some Companies performed wonderfully during 2016 and were rewarded by the […]

Six Common Mistakes To Watch Out For When Sending Money Abroad

Six Common Mistakes To Watch Out For When Sending Money Abroad

There are majorly six common mistakes to avoid as you make international transactions. International payments are complicated. With the math involved, you can easily be losing out on thousands of naira unnecessarily, via poor exchange rates and hidden fees. According to Mr. Daniel Abrahams, there are many ways to get the best deal on money transfers, whether you […]

How To Manage Your Debt Burden

How To Manage Your Debt Burden

Here are some facts on how to manage debt if you are in one: Face The Facts: Your first step is to discover the extent of your financial problems. As soon as you face up to the situation, paying off your debts may be simpler than you realise. Begin by collating your latest bank statements, tracking […]

What Banks Don’t Tell You When You Borrow

What Banks Don’t Tell You When You Borrow

Banks find joy in having you borrow from them, and are so happy to lend you the money, but here are few things they may not have told you: Banks Are Not The Only Option: In the past, you either had the big banks or worse, the loan sharks. Thanks to the wonder of the Internet, […]

Unemployment In Nigeria Rises As Inflation Hits 18.48%

The rate of unemployment in Nigeria has risen to 13.9% from 13.3% as Inflation hits 18.48%. The figures released by the National Bureau of Statistics on Thursday show that the Consumer Price Index, which measures the rate of inflation in the country, rose by 18.48 per cent in November. The NBS said in the CPI report […]

2017 Budget Can’t Help Workers – NLC

2017 Budget Can’t Help Workers –  NLC

Nigeria’s data agency — the National Bureau of Statistic — yesterday released inflation numbers showing consumer prices for the month of November increasing by 18.48 percent year-on-year after an 18.3 percent record for the previous month. The November numbers are well above market expectations of 18.4 percent gain as the inflation rate accelerated for the […]

Contact Us