Opeyemi Quadri 
Insufficient inflow, the gradual collapse of the production sector, especially agriculture, and the flamboyant political structure are some of the reasons the Nigerian currency is falling and may continue to do so if the government fails to address the core issues. What is the actual value of Naira? For an investor or anyone who wants … Read more
What is Blue Economy? Blue economy is the sustainable use of resources in the ocean for human benefit such as food production and for the economic development of a country such as job creation while at the same time preserving the health of the ocean ecosystem. Takeaways: Understanding Blue Economy For the record, Almighty God … Read more
There are 35 Federal Ministries in Nigeria as of August 20, 2023, showing an addition of 9 to the existing ones by President Bola Tinubu. There were 26 federal ministries during the regime of ex-President Muhammadu Buhari. Understanding How Federal Ministries in Nigeria Work The Federal Ministries in Nigeria are civil service departments that are saddled with the … Read more
What is Cash Crunch? A cash crunch in the context of business is a state of financial strain where a business or company faces a shortage of available cash or liquid assets, which can hinder its ability to meet its operational needs and financial obligations. Factors such as declining sales, mismanagement of cash flows, misappropriation of … Read more
What is passive income? Passive income refers to the earnings an individual derives from a rental property, limited partnership, or other enterprises in which they are not actively involved. Passive is one of the most strategic ways to financial stability, you earn while you sleep. Your money works for you, it generates income for you. … Read more
What is pocket money? This is an amount of money that is regularly given to children as an allowance by their parents for a specific purpose. Parents give this kind of money to their child for the child’s miscellaneous personal spending. It may seem like a small step, but in actuality, it’s the initial footing on a journey … Read more
What does interest mean? Interest on investment refers to the earnings that you (investor) receive from an investment over time. When you invest, you technically lend your money to a business, government, or financial institution, and in turn, you get interest. In the simplest term, you can think of interest as a reward for allowing your money to work for … Read more
What Are R&D Costs? Research and Development costs are the expenditures incurred by a company in its pursuit of new and improved products, services, or processes. For companies in various sectors, especially those in automobile, technology, pharmaceuticals, and manufacturing, R&D is the lifeblood that fosters innovation and long-term competitiveness. Think of Research and Development expenses as what … Read more
What is Financial Health? A company’s financial health is a term used to describe the state of an organization’s financial affairs. It is a snapshot of the company’s financial strength and stability. When assessing financial health, a variety of factors come into play, including whether a company is thriving, just surviving, or facing minor or severe challenges. … Read more
Out of 302,137 refugees and asylum seekers in the Niger Republic, Nigeria accounts for at least 199,803 followed by Mali which accounts for 22.14% (66,893.1318), according to data from the United Nations Office for the Coordination of Humanitarian Affairs (OCHA). Other refugees in the country came from Burkina Faso (9.52%) while 2.21% are from other countries. But the … Read more
The term “net worth” has frequently been used especially when discussing the fiscal health of individuals, companies and businesses. This is the concept used to gauge the wealth of Elon Musk, Aliko Dangote, and other billionaires around the world. But how can this concept be translated when it comes to evaluating the net worth of … Read more
Does high revenue mean more profit? Not necessarily. A company could experience a spike in revenue, yet see a decline in profits. Let’s get it right once and for once: a company might witness a rising revenue, but declining profits. How increasing revenue and declining profits happen We already spelt out distinctions between revenue and … Read more
Understanding the difference between revenue and profits is a very important aspect of business management and financing an entrepreneur needs to know. This article aims to explain the complex dynamics between revenue and profits and their significance in the day-to-day activities of a business. It provides a comprehensive overview of how they are calculated, and … Read more
There are more than 30 exchanges to buy Orchid coins, they include Kraken, Binance, Bithumb, KuCoin, Coinlist Pro, Gemini, Coinbase Exchange, Upbit, Binance U.S, Bitget, Kriptomat, Bittrex, Uphold, CoinEx, OKX, Gate.io, Tapbit, and Huobi among other. There are 1,000,000,000 (1 billion) units of Orchid (OXT) in supply. And there are over 35 exchanges where you can buy the Orchid … Read more
When you hear central bank, the first thing that comes to mind is a country’s apex financial institution, that is, the bank that controls the monetary activities and the activities of banks in a country. But the advent of cryptocurrencies like Bitcoin, Ethereum, and other altcoins had pushed the responsibilities of the central bank beyond … Read more