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Nigeria Money & Finance Articles
in Nigeria - banks, bank accounts, insurance, investments - guides and helpful articles on finance and business -
9 Popular Online Ponzi Schemes In Nigeria
Well, more than ever before, online ponzi schemes are now popular in Nigeria. Some have blamed this on the biting economic situation in the country – that has forced many Nigerians to look for alternative means to make ends meet, and put food on thei...
Jan 9, 2017
How To Manage Your Finances In 2017
It's 2017! Amid the troubled economy, we have managed to get here. The complex nature of our nation’s turbulent economy has impacted all Nigerians and leaves many feeling confused and anxious. The good news is that no matter how uncertain things may ...
Jan 3, 2017
Stranded? Here Are 8 Ways To Make Money During The Holidays
Are you already stranded or spending more than budgeted? It's expected. Holidays is a very expensive time of year. And if you haven’t budgeted for it, those costs will eat into your usual monthly expenses or add to debt. What should you do? There are...
Dec 26, 2016
7 Ways Mentors Are Important In Business
The value of business mentors cannot be understated, even though some people don't agree. Some times, it isn't the best of game to play for someone venturing into a business/venture without having someone as a guide. A mentor offers valuable insight ...
Dec 12, 2016
7 Ways To Celebrate Christmas On a Low Budget
Christmas is upon us again! A season of love and bliss. A time when cards of goodwill are exchanged, when the streets are lit with bright, colourful lights and the atmosphere filled with celebrations. It is a beautiful time of the year. As much as th...
Dec 5, 2016
Economic Recession: 7 Businesses You Can Start Now in Nigeria
It is no longer news. Nigeria is in recession. As much as big businesses are shutting down, some others thrive. To start any small business during recession may be pretty difficult, but if you can survive, you will thrive as the economy bounces back....
Sep 20, 2016
8 Important Things You Should Know About Nigerian Stock Market
1. What is Stock Market? A stock market is a primarily a virtual exchange of securities (that is, shares and debentures, which companies use as a means of raising finance) and derivatives (i.e. virtual instruments such as contracts that relate to as...
Nov 28, 2016
Black Friday: 10 Super E-commerce Deals In Nigeria
Black Friday is here again! Black Friday is special for it offers a lot of discount, offering the platform for the customer to purchase many goods at a lower rate and the vendors can sell in large volume. Here are some of the most amazing Black Frid...
Nov 25, 2016
Black Friday: 5 Tricks To Beat Today's Sales
Black Friday! Today, November 25th has been marked out by most online stores in Nigeria for the mind-blowing annual shopping event. Originally known as an American holiday, the shopping tradition seeped into Nigeria a few years ago and has since beco...
Nov 25, 2016
MMM Nigeria: 10 Things Every Nigerian Should Know
It is no longer news, MMM Nigeria is the new 'bride' in town - a new pyramid marketing scheme in that is spreading like wildfire. There is hardly anywhere you go to these days that you won't hear people talk about it – either telling stories of how t...
Nov 23, 2016
How Can Nigerian Banks Start to Improve Internet Banking Penetration? - Bode Abifarin
In an internet-loving clime as Nigeria, it is surprising to know that not not up to half of its population use the internet social media for banking solutions. It is the problem of Nigerian banks – that have largely failed to translate this passion f...
Nov 10, 2016
7 Ways You Can Identify a Ponzi Scheme
A Ponzi scheme by definition is a version of a fraud that rewards early investors with massive returns from the cash invested by newer investors. Ponzi schemes typically do not have an underlying asset or enterprise upon which the investment is built...
Nov 8, 2016
6 Reasons Nigerian Youths Engage In Sports Betting
Well, be as it may, Nigerians have taken solace in sport betting. It’s now a new normal in Nigeria to see young people, especially, on the streets and queues strugling their way to place their bets on the five major leagues in world football. The Eng...
Nov 1, 2016
7 Ways You Can Protect Your Bank Account From Fraudsters
Unfortunately, fraudsters have no bounds. They are everywhere, which is why keeping close tabs on your financial life is extremely important. You can never be more than careful when it comes to your money – your hard-earned income. What you live on i...
Oct 25, 2016
MMM Nigeria: 8 Steps To Avoid Ponzi Schemes and Financial Fraud
No much stories on this. Nigerians are already aware of the current Pyramid scheme trending called MMM Nigeria – a ponzi scheme which promises 30% Return on Investment (ROI) after 30 days. MMM stands for Mavrodi Mondial Moneybox and takes its name f...
Sep 27, 2016
9 Important Things You Should Know Before Taking A Bank Loan
There are different types of personal loans a depositor can take from his bank. While some loans may not be tied to specific purposes, others may be for certain projects such as business, mortgage and car purchase. The lender will also ask specific ...
Sep 13, 2016
Recession: 6 Ways To Boost Your Savings
If you have not been saving regularly and prudent with your spending before now, your bank account may suffer a serious drain during economic recession. To increase your wealth and reduce the effect of depression on your finances, adjust your person...
Sep 6, 2016
How To Get Cheap Forex From Your Bank
On a daily basis, individuals demand for foreign exchange because of the need to meet specific personal exigencies, which cannot be transacted in naira. While some need it for their relatives upkeep abroad, many individuals travelling out of the cou...
Aug 31, 2016
7 Issues That Can Get You In Financial Trouble
Nigeria is right about neck-deep in a pit of recession. Interest rates are on the rise, jobs are being lost and the Federal Government is broke. It’s a tough ordeal for everyone including policymakers and the government. Even the rich are feeling th...
Aug 23, 2016
7 Ways To Avoid Unnecessary Bank Charges
Bank depositors need to watch their bank accounts closely for unnecessary charges. Even a handful of bank charges could push a person deeper into debt, making it difficult to recover financially. An online report by lifehack.org gives seven tips ...
Aug 20, 2016
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