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No one wants to ever be in debt. It’s not only stressful but it forces you to spend money paying debts. Money that you could instead spend in other ways such as saving for your retirement or dream home. Sadly, the truth of the matter is, living debt-free can seem far from realistic. But it’s not unachievable. Getting yourself out of debt can open a whole new world of opportunities for you, allowing you to…
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A domiciliary account is a bank account that allows you to deposit, withdraw and transact in currencies other than your local fiat currency. With the rate at which the Nigerian Naira has been losing value over the years against other major currencies, the importance of saving in a more stable currency can not be overemphasized for individuals concerned about their long-term financial well-being. Citizens entrust their governments with the responsibility of maintaining the economy and…
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The Academic Staff Union of Universities (Asuu) have suspended their almost 9 months strike – lecturers in Nigeria’s public universities have been on strike since 14 February, 2022. But reports making the rounds on Friday indicate that the union has suspended their strike action. Dr Chris Piwuna, Vice president of the Academic Staff Union of the University (Asuu) confirmed the suspension to BBC News. Asuu’s suspension of the strike is coming after the Appeal Court gave…
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Okay. Before we start talking aboutcryptohedge funds, we need to, first, understand what a hedge fund is, right? What Is A Hedge Fund? A hedge fund is a partnership where private individuals and institutional investors pool money together, and then professional managers handle and invest the funds in a mixture of assets, using different strategies. These assets can range from stocks and bonds to foreign currencies and cryptocurrencies, but the goal of the investment is…
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Nigeria’s ruling party, the All Progressives Congress APC held its national convention earlier in March this year where it elected who would be the party flagbearer in next year’s general elections. The majority of party delegates voted for Bola Tinubu, a Muslim former governor of Lagos state. That decision plunged the party into several weeks of debates and controversy on who will be the party’s vice presidential candidate. Many wondered if Tinubu from southern Nigeria,…