Inflation rate has continued rise this year – starting off the year at 21.82% in January and increasing all the way to 22.79% in June of 2023. Experts anticipate a continued increase in the rate if appropriate measures are not taken. The effects of rising inflation can be very harmful to any economy, as it […]
In a world where investing can seem like an enigmatic labyrinth, it’s crucial to separate fact from fiction. Countless myths about investing perpetuate misconceptions that deter many individuals from taking the leap. However, it’s time to set the record straight. In this article, we debunk prevalent investing myths and shed light on the truths that can empower you to embark on your own successful investment journey.
Compounding can transform modest beginnings into substantial fortunes. Warren Buffett built his wealth through the power of compounding over decades. Consistent personal development efforts, like reading 10 pages a day, can also compound into a wealth of knowledge and growth. To fully harness compounding, start early, be consistent, reinvest dividends, and be patient for long-term financial success.
Explore the implications of the recent ₦/US$ exchange rate liberation directive by the CBN. Learn how this move can impact retail investors, institutions, and the Nigerian securities market. Find answers to interesting questions surrounding US dollar supply and institutional reforms.
President Tinubu’s inaugural address has sparked a sequence of events that initiated a series of transformations, profoundly altering the energy landscape.
On February 6, 2023, Ardova Plc issued a cautionary announcement, notifying the Nigerian Exchange and the investing public about an offer made by Ignite Investments & Commodities Limited, the majority shareholder holding over 74% of Ardova Plc shares. The offer proposes acquiring the shares of minority shareholders at a price of N17.38 per share through […]
Recent reports have highlighted the growing unrest amongst minority shareholders of Oando, who are reportedly not satisfied with the current proposals surrounding the acquisition of their shares by the majority of shareholders. Displeased shareholders are challenging the exit price offered, claiming that it does not reflect a fair value. The Back Story Oando Plc disclosed […]
