Do You That Mojisola Meranda Is The Younger Sister of Oniru of Iruland? Meet The First Female Speaker of Lagos House of Assembly

Mojisola Meranda first female speaker of Lagos state house of assembly

Mojisola Lasbat Meranda, born on August 16, 1980, is a Nigerian public administrator, politician, and the first female Speaker of the Lagos State House of Assembly. She assumed the role of Speaker on January 13, 2025, following the impeachment of Mudashiru Obasa. She is a member of the All Progressives Congress (APC), representing Apapa I … Read more

CBN Explains What EFEMS Entails And Its Benefits for The Naira

Olayemi Cardoso of CBN

On October 2, 2024, the Central Bank of Nigeria (CBN) announced that it would introduce what it called the Electronic Foreign Exchange Matching System (EFEMS) as part of the recovery measures for Nigeria’s currency amid the Naira’s massive depreciation against its pairs in the foreign exchange market. The platform was tested for two weeks in … Read more

New Platform Cush Launches in London to Simplify Migration and Cross-Border Finances

Official logo of Cush platform offering migration as a service (MaaS)

A new migration and financial services platform, Cush, has officially been launched in London, United Kingdom,  promising to revolutionize the way migrants navigate relocation and cross-border financial challenges. According to its founder, Wale Ameen, the platform aims to simplify the migration process while providing secure payment solutions tailored to migrants’ unique needs. The platform, which … Read more

Biafran Government in Exile Announces Recruitment Into ‘Biafran Defense’

Photo of Ngozi Orabueze Deputy Prime Minister of United States of Biafran Government in Exile

The self-proclaimed Deputy Prime Minister of the outlawed United States of Biafran Government in Exile, Ngozi Orabueze, has announced the recruitment of agitators into the Biafran security forces. Ngozi, who serves as deputy to Simon Ekpa, the Finland-based self-proclaimed Prime Minister of the United States of Biafran Government in Exile, made this announcement on December … Read more

“My bank app isn’t working”: New tactics Nigerians use to obtain money through pretense

200 naira banknote

Some dubious Nigerians have devised a new way to obtain money from their colleagues and acquaintances by pretense. One such tactic involves claiming, “I’m having trouble with my bank network. Can you help me transfer N40,000 to Bright (not a real name)?” Though not a new trend, this tactic has gained momentum as the year … Read more

Difference Between Liquid Assets and Illiquid Assets

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Liquid and illiquid assets play distinct roles in financial planning and portfolio management. Knowing their characteristics, advantages, and limitations can help you align your assets with your financial goals. What Are Liquid Assets? Liquid assets are resources that can be quickly converted into cash without significantly affecting their market value. These assets are essential for … Read more

How To Manage Illiquid Assets Effectively

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What Are Illiquid Assets? Illiquid assets are financial or physical holdings that cannot be quickly converted into cash without a significant loss in value. These assets typically lack an active market, making it challenging to find buyers or sellers promptly. While illiquid assets often hold significant value, their limited marketability distinguishes them from their liquid … Read more

Simplifying Major Types of Investable Assets, Their Strengths and Weaknesses

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It is important to understand the variety of assets available for investment when planning your financial future. By exploring different options, you can diversify your portfolio, balance risks, and optimize returns. However, it is also important to know the pros and cons of these investment types, and how to choose the right mix for your … Read more