Financial Literacy

As the 2023 elections approach, Nigerians must not only get their permanent voter cards(PVCs) to perform their civic duty. They must also take advantage of the political season and make money from the electoral process. Yes, you read that right. The forthcoming 2023 elections offer a lot of business opportunities…

The thought of having passive income is particularly fascinating. This is because motivational speakers have over the years preached hard work as the price to pay to be rich. While hard work has its role in success, passive income sources exist to ensure that the money keeps coming without working…

Nigerian telecoms operator, Globacom, founded by billionaire Mike Adenuga, recently launched its own payment service bank (PSB), MoneyMaster PSB. The business operates payment banking services in the country alongside rivals 9Mobile, MTN, and Airtel. The Central Bank of Nigeria is making attempt to promote financial inclusion in Nigeria, where a…

Money is a tremendous tool that controls many parts of our lives, despite the fact that it is merely paper, coins, or plastic. To be able to master money and put it to your advantage, you’ll have to adopt some of it’s principles. Indeed handling your finances can get complicated,…

In most African countries, minimum wages are usually calculated and paid monthly, whereas they are normally computed and paid on an hourly basis in other foreign countries. A minimum wage, according to Investopedia, is the lowest legally mandated wage that a person can make. In other words, it is illegal…

It’s a great financial strategy to save at least 50% of your income before you retire. Put your earnings toward creating an emergency fund, aggressive debt repayment, and a retirement portfolio. This may appear to be an odd idea at first, yet there is a subculture of people who save…

Achieving your financial goals is about creating a strategy and sticking to it, not just saving and spending wisely. There is no better day or time to be in control and organise your finances than now.  Saving money to make a purchase is an age-old tale. Whether you’re an 8-year-old…

The economic uncertainty that was occasioned by the Covid-19 pandemic has plunged many into debt, especially in many African countries where poverty was prevalent pre-pandemic. However, not all debts are bad, but you must learn to avoid the destructive ones. When it comes to minimising interest costs and keeping debt…

It can be difficult to actually see the warning signs that you have a debt problem. According to research, debt has been linked to worry and sadness, as well as headaches, insomnia, and inability to focus.  That’s probably because most of us are concerned when we get too far into…

Over the recent years, there has been a surge in jobs that allow you to work remotely. Many organisations are seeing the advantages of creating positions for different skills, that employees can equip themselves with while working from home. According to a study by Upwork, 73% of all departments will…