Opeyemi Quadri 
What is Islamic banking? Islamic banking entails banking activities that are compliant with Shariah. Also known as Islamic finance, it encompasses financial activities, particularly in the banking world, which adhere to Islamic law. This article is about the advantages of Islamic banking for business growth. Tenets of Islamic Banking The religious system forbids the payment … Read more
There are more than 40 private jet owners among Nigeria’s super-rich, comprising businessmen and women, politicians, pastors, and A-rated musicians. And of course, extremely wealthy Nigerians prefer privacy, and one of the ways to achieve this is by flying in their private jets Top on this list includes Aliko Dangote, Femi Otedola Bola Tinubu, Pastor … Read more
What is Halal? Any business, action, or food that is permissible in Islam is known as Halal. To describe a business as Halal means that Muslims can engage in it. Such businesses are not forbidden (Haram). Haram is the opposite of Halal. Meaning of Haram Haram is the opposite of halal. Anything that is unlawful … Read more
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
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
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
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
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
The BUA Cement stock price rose by 151.56% from January 26, 2022, when it was at N71.4 per share, to N179.65. on January 26, 2024. Suppose an individual invested N500,000 in BUA Cement stocks in 2022, purchasing 7,002 units at the rate of N71.4 per share. With the stock price having increased to N179.65 as … Read more
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