In 2014, to further enhance the security of electronic payments, the Central Bank of Nigeria in collaboration with the Bankers committee came up with a framework they call the BVN. The bank verification number or BVN as we fondly call it is an identification system that helps reduce illegal banking … [Read more...] about What is BVN?
What is portfolio investment?
One of the major advisory pillars of investment is diversification in order to spread risks. As the saying goes, do not put all your eggs in one basket. This rule is the basis of a portfolio investment, which contains all your different passive investment assets. The question of knowing what is … [Read more...] about What is portfolio investment?
Dividends – Meaning, Types and what you should know
The main purpose of investments is to make money by growing your capital. After investing, you might notice that regular payouts come in now and then from the company. They call this dividend, which in simple terms, means occasional payout. The pay comes from profits or accumulated retained earnings … [Read more...] about Dividends – Meaning, Types and what you should know
Paystack Review – What you should know
This is the 21st century, an age where the entire world operates digitally. As business personnel, you have the privilege of enlarging the scope of your business and expanding the range of your customers online. However, it is pertinent that you get the most secure payment platform for your … [Read more...] about Paystack Review – What you should know
Financial Reporting Council of Nigeria – What you should know
The system of a country is regulated by bodies, which are mostly established and owned by the government. The financial report council of Nigeria (FRC) is one of those bodies and maintains standards regarding finance and accounting reporting. This article discusses the FRC extensively. Overview … [Read more...] about Financial Reporting Council of Nigeria – What you should know
Nigerian Interbank Settlement System (NIBSS) – What You Need to Know
The Nigerian Inter-Bank Settlement System (NIBSS) is vital for Nigeria's financial infrastructure. It helps with electronic payments and encourages banking sector innovation. This blog post will discuss how NIBSS helps with financial inclusion in Nigeria. An Overview of Nigerian Interbank … [Read more...] about Nigerian Interbank Settlement System (NIBSS) – What You Need to Know
7 Types of Financial Investment everyone should know
Day after day, our dreams and desires grow like wildfire, and the means of achieving them seems to fade away. Generally, our desires outweigh our needs and our dreams find the road to reality difficult to thread. However, by making financial investments, thereās a chance to make our means … [Read more...] about 7 Types of Financial Investment everyone should know
The most profitable Investment in Nigeria backed by Government
One of the two major factors that every investor looks out for in an investment is its profitability and security. These are the major factors to consider for an investment to be worth it. Although investors may not have all the boxes ticked, investment with one of these two factors, or at least a … [Read more...] about The most profitable Investment in Nigeria backed by Government
Capital Investments – Meaning and everything you should know
As a current or intending investor, it is important to know the basics of investments. From the types, nature, and risks associated with them, you should be forearmed to do well in the practical aspect. āWhat is a capital investmentā is one question that you should have an answer to and … [Read more...] about Capital Investments – Meaning and everything you should know
Investment One Mutual Funds Review
There are different means through which you can invest and also platforms to invest through. One of the most favourable ways is in securities like mutual funds. Investment one mutual fund is one of the best platforms through which you can invest. This article brings to you the available services of … [Read more...] about Investment One Mutual Funds Review