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 Why Crypto Use Is Booming in Nigeria

why_cryptocurrency_is_booming_in_nigeria

Instead of introducing cryptocurrency regulations, the Nigerian government, through its apex bank, issued an autocratic directive on February 5, 2021, instructing financial institutions to block all accounts involved in virtual currency transactions. As a result, several accounts were frozen, and many individuals lost millions of Naira. However, the anti-crypto policy has failed to stamp out … Read more

How to Buy Cryptocurrency in Nigeria After CBN Ban

bitcoin price

There are several platforms that make it easy and seamless to purchase cryptocurrency in Nigeria, even when there are some forms of restrictions from the central bank. Is Cryptocurrency Legal in Nigeria? On February 5, 2021, the Central Bank of Nigeria (CBN) rolled out its first-ever anti-crypto policy, instructing financial institutions to close bank accounts linked … 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

BUA Foods Shares Performance After Its 2022 Listing on NGX

bua foods shares listed on NGX

5,000 units of BUA Foods shares, purchased at N40 per share when it was listed on the Nigeria Exchange (NGX) on January 5, 2022, are now worth N1,359,000 (January 2024). This increase is due to the rise in BUAFOODS stock price, which reached N271.8 at the close of trading on January 26, 2024, thanks latest bullish market. … Read more

MTN Nigeria Stock Performance from 2019 Till Date

Nigerian Exchange Trading Hours

Incorporated on November 8, 2000, MTN Nigeria (MTNN) is part of the MTN Group, Africa’s leading cellular telecommunications company with operations in the Middle East. MTNN Share Price May 10, 2022: Open: NGN249 Close: NGN240 Change: -9 Market Capitalisation: NGN4,885,083,132,000.00 (as of Tuesday , May 10, 2022) It officially launched in 2001, when the first call was made … Read more

80 Business Ideas In Lagos for Small and Large-Scale Enterprise

Business Opportunities In Lagos Capital Requirements and Challenges

The opportunities in Lagos are limitless such that hardworking and creative persons can make a living from their in Lagos. But for the purpose of this tip, we’ve segmented the business ideas in Lagos into two: small-scale business ideas and large-scale business opportunities which are capital-intensive. Takeaways The small-scale business ideas in Lagos include real … Read more

Approved Documents for Invisible Transactions in Nigeria

documents_for_invisible_transactions_in_nigeria

There are important documents applicants need to submit to the Central Bank of Nigeria (CBN) for the processing of fees for foreign services, such payment is known as invisible transactions in international trade. This isn’t limited to Nigeria. It is a general practice around the world. Foreign invisible transactions are prevalent in Nigeria because of … Read more