How To Invest Like A Legend

In the league of elite investors, few can rival the late David Swensen, former head of the Yale Endowment. As Chief Investment Officer of this multi-billion dollar fund, he delivered top performance over multiple decades, and his investing style influenced an entire industry. Swensen’s innovative and rigorous approach to asset allocation and expanding its range […]

SEC says capital market can fund the government

The Securities and Exchange Commission (SEC) has reaffirmed the capital market’s ability to fund the government’s development objectives by providing the required infrastructure. Mr Lamido Yuguda, the Director-General of the Commission, revealed this when a team from the Nigerian Economic Summit Group (NESG) visited him, according to a statement released by the SEC management. Yuguda […]

Retail investors with as low as N5,000 can now invest in FG Bonds

Retail investors can now purchase FG Bonds for as little as N5,000 thanks to the FGN bond’s design by the Debt Management Office, which caters to inexperienced, retail investors.

This was disclosed Mr Abiodun Fagbohun, the Chief Executive Officer of a stockbroking firm, who stated that the current arrangement was a departure from the past, according to the News Agency of Nigeria.

FGN products were historically used by organizations like banks and pension fund administrators. Now, the Federal Government Securities Issuance Awareness Program, which is being run by DMO and CSL Stockbrokers Limited in different parts of the nation, encourages more Nigerians to diversify their investment portfolios by purchasing different Federal Government securities

Financing for Small Businesses

Cash is the lifeblood of any business, especially a small business. A small business is “small” with limited capitalization and fewer options to raise cash to finance operations. It thus follows that cash management to record and control cash coming in and out of the business is of paramount importance. Everything about the small business must […]

CBN: Why Credit Easing Will Not Increase Non-performing Loans

The Central Bank of Nigeria (CBN) has doused fears that its aggressive drive to increase the banking sector’s lending to the private sector will result in a gradual accumulation of non-performing loans (NPLs) in the sector. The Director, Corporate Communications, CBN, Mr. Isaac Okoroafor, told THISDAY yesterday that with the lending clause introduced recently by […]

4 Mistakes To Avoid When Taking a Personal Loan

A personal loan is an unsecured loan offered by banks and non-banking financial companies (NBFCs). These are unsecured because a borrower is not required to pledge any asset—property, jewelry or car—to get the loan. For this reason, personal loans come with a higher interest rate compared with secured loans, such as a home or car […]