There are requirements anyone or a firm must meet to start as a fund manager in every territory and of course, Nigeria isn’t an exception. The guidelines are clearly spelt out by one of the agencies under the Ministry of Finance, the Securities and Exchange Commission (SEC). The guidelines and requirements are to have sanity […]
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The last couple of months has seen Nigerians lose monies to non-certified fund managers who promised investors mouth-watering ROI (Return On investment). There are regulations for individuals and corporate bodies to operate as fund managers in Nigeria. But investors who should do their due diligence failed to do so. Now, the latest failed investment platform
List of Collapsed Fund Managers in Nigeria Read More »
The Federal Government has approved the linking of up to 28 mobile numbers to your National Identification Number (NIN). Here is the guide on how to do the link using the NIMC MobileID App. Step 1: Download the original NIMC app from NIMC official portal at: nimcmobile.app/ it’s available on Google Play Store and Apple App Store
How To Link 28 Mobile Numbers to Your NIN on NIMC APP Read More »
The Colombian peso isn’t just one of the troubled currencies, but it is also one of the weakest among the South American countries. For instance, it was thought to have hit the lowest in 2015 when just one USD was worth 3,032 COP. But today, it has slipped further 3,748.81 COP to $1. A Glimpse Into USD to
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By land area, North America is the third-largest continent in the world which spans 24.71 million km². It is made up of 23 countries. With 592,296,233 people living it, the United States of America has the highest population in that continent having 329.5 million people according to the 2020 World Bank sources. However, by land area, Canada is the largest in North America
Countries in North America and Their Currency Read More »
Europe is an interesting continent consisting Eurozone (countries that adopt the Euro and official currency) and those that have either refused to join Euro-area or are still planning to do so. With this variety of currencies in Europe, there is no uniform exchange rate. While the Great Britain Pounds, Euro, Swiss franc remain the strongest
5 Strongest Currencies in Europe Read More »
The adoption of CryptoCurrency has taken a huge stir, especially in Western Countries and Asian Countries. To make the presence of CryptoCurrency more established there are various fortune companies, entertainment segments, and startups that have already started accepting payments in form of the CryptoCurrency. Due to the decentralized nature of this currency, even young people
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The naira is a legal tender of Nigeria. It uses ₦ (sign) and NGN (code). The Nigerian currency is in coins and banknotes. But the coins have died a natural death due to high inflation making them lose their total value and relevance in the economy. Naira Design On November 23, 2022, NGN200, NGN500, and NGN1,000 get a new design, which
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There are different ways to measure the strength of a currency. If it’s by the purchasing power, the strength of money can not be the same even if five countries use the same currency. In this article, we measure the exchange rate of the United States Dollar (USD) against the local currencies in Europe. It’s important
5 Weakest Currencies in Europe Read More »
There are 50 countries in Europe: 44 are independent countries, six of them are dependent territories. The continent is situated in the Northern Hemisphere; bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south and Asia to the east. Europe is sitting on about 10.18 million km2 (3.93 million sq mi), making it the second-smallest continent after Oceania. Using sub-region,
List of 44 Countries in Europe and Their Currency Read More »
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