Category Archives: Money

Is long-term loan right for your business?

long term loan for business

Long-term business loans are a popular business financing option that can provide the stability and capital that your business needs to expand. However, it is

Nigeria, others get $40b as global FDI falls to $1.2tr

Nigeria, others get $40b as global FDI falls to $1.2tr

Global foreign direct investment (FDI) fell by nearly a fifth in 2018, to an estimated $1.2 trillion from $1.47 trillion in 2017, according to the

OPS canvasses cheap funds for business growth

OPS canvasses cheap funds for business growth

The need for deliberate policies aimed at channelling cheap credit to businesses, creating favourable environment for enterprises to thrive and reduction of regulatory predatory tendencies

Here’s why the Nigerian naira may hit N400 per dollar in 2019

Nigerian naira may hit N400 per dollar in 2019

Nigerian naira may experience depreciation to about N401 per a $1 mirroring the rate of 12-month non-deliverable forwards quoted on Bloomberg. Afrinvest project that Nigeria’s

CBN may increase items on forex restriction list to 50

CBN may increase items on forex restriction list to 50

The Central Bank of Nigeria may increase the items on the foreign exchange restriction list from 42 to 50 in order to boost local production

Writing application letter for a personal loan

Writing application letter for a personal loan

Some lenders require their prospective borrower to write an application letter, usually to determine the character of the applicant. Before filing this document in your

What to look for from a balance transfer credit card

What to look for from a balance transfer credit card

If like many people you are struggling with credit card debt, one solution is to apply for a balance transfer credit card. This allows you

Naira closes at N363.05 at Investors’ window

Naira closes at N363.05 at Investors’ window

The Naira on Wednesday, sold at N363.05 to the dollar at the inventors’ window. Market turnover stood at 333.37 million dollars. At the parallel market,

Pound stands firm after May loss, London stocks edge up

Pound stands firm after May loss, London stocks edge up

The pound held its ground Wednesday and London’s FTSE opened higher after the record defeat of British Prime Minister Theresa May’s Brexit plan, as investors

Victoria Beckham splashes £1, 200 on moisturizer made from blood

Victoria Beckham splashes £1, 200 on moisturizer made from blood

Victoria Beckham, the wife of football star, David Beckham, has spent about (£1,200) or ($1, 542) on skin moisturizer made from her blood. Beckham was

Nigeria targets sub-100 on World Bank doing business ranking

Nigeria targets sub-100 on World Bank

The Federal Government has expressed optimism to double its target this year by moving Nigeria’s ranking to sub-100 in the 2020 World Bank Doing Business

Banks to lose 18-month interest on marketers’ subsidy debts

Banks to lose 18-month interest on marketers’ subsidy debts

The Central Bank of Nigeria has asked Deposit Money Banks to forgo the interest charged on petrol subsidy-induced loans advanced to oil marketers from June

A/Ibom gov promises to pay N30,000 new minimum wage

AkIbom gov promises to pay N30000 new minimum wage

Gov. Udom Emmanuel of Akwa Ibom on Monday promised to pay N30,000 new minimum wage to workers in the state. Emmanuel gave the assurance during

2019 budget proposal as proverbial ‘wait and see’

2019 budget proposal as proverbial ‘wait and see’

One of the major issues fuelling Nigeria’s development challenges has been identified as its budget, manifested in the processes, quality and the will to implement