What Is Share Allotment?

Share Allotment in Nigeria

Some newcomers in stocks who participated in the just-concluded Public Offer (PO) by MTN Nigeria taught once you buy a stock that’s all. Here is what you need to know about the allotment of shares and what the Company and Allied Matters (CAMA) says about the process of issuing them. What is Share Allotment? Allotment … Read more

20 Untapped Businesses in Nigeria That Will Rock 2023 and Beyond

Doing Business Online Google Investment in Data and Internet Speed in Africa benefits to entrepreneurs and SMES

Providing security services, solar energy installations, Bureau De Change operation, SaaS, and coding are some of the untapped businesses in Nigeria that will fetch you a lot of money if you can strategize. For instance, the plan of the government to fix the energy issue may take some years before businesses and Nigerians will begin to … Read more

Updated: BTA-PTA Exchange Rate in Nigeria Today

Daily Update of PTA Exchange Rate in Nigeria

What is PTA Exchange rate? PTA exchange rate is the USD/NGN prevailing buy and sell market rate at which applicants for Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) who need foreign currencies are ready to pay to meet their FX needs. PTA means Personal Travel Allowance while BTA means Business Travel Allowance for travellers … Read more

50 Performing Stocks in Nigeria You Can Buy

stocks in nigeria and trading value

Hundreds of people who want to invest in stocks either don’t know how to get started or don’t have enough information about stocks in Nigeria which they can buy, we’ll guide you on how you can the technological advancement in stocks trading. Disclaimer: The fact that you can make money from trading stocks also comes … Read more

Is Sports Betting An Investment or Gambling?

Is Sports Betting An Investment or Gambling

One of the biggest industries in the world is sports betting. Some bettors have become addicted to betting so that they feel unrest when they are disabled financially to place a bet when two clubs play. A sports analyst said sports betting is becoming a pandemic in Nigeria “where mothers send their kids to place … Read more

How to Activate e-Dividend Mandate Form

e-dividend mandate form to claim unclaimed dividend

If you subscribed to a public offer between 2005 and 2010, you’re most likely one of the millions of shareholders who received their share and dividend certificates via the postal system. But technology has advanced the way we invest. As such, here is the guide on how to activate electronic dividends, or e-dividends, by filling … Read more

10 Economic Implications of Defending Naira with Foreign Reserves

defending_naira_with_foreign_reserves_in_nigeria_infomediaNG_Business_Solutions

On November 10, 2021, the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele at the France-Nigeria Security and Economic Summit, in Paris, France, expressed optimism that by the middle of 2022, Nigeria’s foreign reserves will surpass the $42 billion thresholds. It’s been turbulent for Nigeria’s economy and its foreign exchange market in recent … Read more

BVN of COVID-19 Loan Defaulters Will Be Blocked – NMFB Boss Vows To Invoke GSI

Loan application process infomedia nigeeria

The managing director of NIRSAL Microfinance Bank (NMFB), Alh. Abubakar Kure, has vowed that the Bank Verification Number (BVN) of COVID-19 loan defaulters will be blocked. In an interview, the NMFB boss disclosed that Global Standing Instruction (GSI) would be implemented on bank accounts of loanees after the end of the moratorium and deduction would … Read more

List of Active Stockbrokers and Bond Distribution Agents in Nigeria

Stockbrokers in Nigeria

If you want to invest in FGN saving bonds, Treasury Bills, stocks, and other securities in Nigeria, your first stop should be the official website of the Security and Exchange Commission (SEC), NGX, or the Debt Management Office (DMO). After getting the list of the licenced stockbroking firms and primary dealers, you can inquire how you … Read more