Forbes’ 2024 Ranking: The 20 Wealthiest Africans

richest_africans_for_2022_according_to_forbes_list

The Chairman of Dangote Group Alhaji Aliko Dangote has again been rated as the wealthiest man in Africa, according to Forbes 2024 list. This can be attributed to the growth in Aliko Dangote’s wealth to the sterling performance of Dangote Cement on the Nigerian Exchange. And lately, the company’s had over N11 trillion market capitalization January … Read more

5 Roles of Banks In Cryptocurrency Instead of Rigid Policy

how Binance become largest cryptocurrency exchange

The rise of blockchain technology has been met with different reactions across the world, most especially from Central Banks of different jurisdictions. Most of them are not comfortable with how cryptocurrency is disrupting the banking industry. Do banks have roles to play in the crypto-financial sector? Already, leading cryptocurrencies such as bitcoin and ethereum, have … Read more

6 Alternatives to CBN Forex Allocation

Alternatives To Send Funds To Your Kids Studying Abroad If You Exceeded CBN Dollar Allocation

The forex allocation for students studying abroad is $15,000 per semester, so what happens if a student exceeded the allocation and needs to meet personal upkeep? We will share with you several alternatives to forex allocation by the Central Bank of Nigeria (CBN). You can use any of the available means to meet your forex … Read more

How To Calculate Backlogs of Dividend

Dividends on Shares or Stocks

In the 1990s and 2000s, hundreds of Nigerians bought shares. Unfortunately, most of them never followed up on how to receive their dividends. If you’re one of the individuals who have not claimed their dividends, here is a guide to calculating backlogs of your dividends. How to know the total dividend payable to you To better … Read more

15 Reasons Crypto Use Is Booming in Nigeria

why_cryptocurrency_is_booming_in_nigeria

Instead of Nigeria’s government to come up with cryptocurrency regulations, its apex bank on February 5, 2021, handed down an autocratic warning to the financial institutions to block all accounts that transact in virtual currencies. Several accounts were frozen, and many people lost millions of Naira, but the anti-crypto policy is yet to stamp out … Read more

16 Easy Steps to Buy Cryptocurrency in Nigeria Without CBN Sanctions

bitcoin price

On February 5, 2021, the Central Bank of Nigeria (CBN) rolled out its first-ever anti-crypto policy that accounts of individuals linked to crypto-related transactions should be closed by financial institutions If you’re worried about how to join the crypto gang, the CBN ban can not stop you. In this guide, we’ll tell how to buy … Read more

Marius Reitz Prediction for Africa Crypto Market in 2022

Bitcoin Price

Despite the 2015 warning to cryptocurrency traders by the Central Bank of Kenya (CBK), the residents of the East African country has continued to deepen their adoption of crypto. While the country’s authorities continue to clamp down on crypto traders, the Chief Executive Officer of Luno Marius Reitz predicted that Kenya will lead the cryptocurrency … Read more

Nigerian Companies with Market Caps Exceeding N1 Trillion

biggest_companies_in_nigeria_by_market_cap_in_2021

There are more than 10 Nigerian companies with market capitalizations exceeding N1 trillion, with Dangote Cement leading the pack at N11.8 trillion, followed by Airtel Africa and MTN Nigeria with N7.5 trillion and N6.1 trillion, respectively. This data, obtained from the Nigerian Exchange (NGX), highlights the impact of the recent bullish market trend. Their influence … Read more