Friday, March 17, 2023

BANKING

Top 10 banks to open a domiciliary account in Nigeria (2023)

A domiciliary account is a type of bank account that allows one to save and transact in foreign currencies such as US Dollars, British Pounds Sterling, Euros, and other major currencies. This type of account is commonly used by...

Dividend: Meaning, types, how it works and more

Shareholders of the company invest in the company in exchange for a share of the company. Shareholders holding a part of the company benefit from certain gains from the company, one of which is the dividends of the company...

6 Ways to improve financial literacy

It is essential to understand the fundamentals as well as the resources assisting finance-savvy groups in making financial decisions based on the most accurate information, regardless of whether you are a fan of complex investment manoeuvres and tax-shielding strategies...

World Bank: Purpose, power, functions and history

Nations of the world have rallied towards having a standard financial system that appeals to its economic inputs and offers an overall developed financial sector. With the world divided among political lines, with the East adopting communism and the...

7 Criteria for choosing the right digital bank

The evolution of digitalization has brought about a new era in the world and the banking system isn’t left out in the new era. Digital banks are evolving every day thereby revolutionizing the way we do everyday banking.   Compared to...

How to beat inflation

The Nigeria Bureau of Statistics (NBS) published an inflation report sometime in May 2022 stating that the inflation rate in Nigeria has moved to 17.71%, which is the highest in 5 years.  The increase in the inflation rate has a...

How to pay off debt and earn financial freedom

Loans can be useful under certain conditions, to meet unforeseen expenses and life projects. But if you are not careful, and you live on loans, they will keep compounding, and thus find yourself in debt.  And being in debt is...

Popular investment terms & their meaning

Do you know the most important definitions related to investing? If your answer is “somewhat,”  or “No”, then you’ve come to the right place. To understand the world of investing, you need to have a glossary of key investment terms. It...

10 Reliable ways to grow your small business

You have started your own small business and now the time has come to grow further.  In this new growth phase, you will encounter completely different challenges than in the early start-up phase of your business.  In this article, I, therefore,...

Do I need a personal financial advisor?

A personal financial advisor is just as important as your personal fitness trainer, dietitian, physiotherapist, or even your lawyer. While these other professionals offer you various services, when it comes to optimizing your financial assets, hiring a personal financial...
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Top 10 banks to open a domiciliary account in Nigeria (2023)

A domiciliary account is a type of bank account that allows one to save and transact in foreign currencies...
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