Investment

Nigeria singer Davido during the launch of his social media memecoin $Echoke

$DAVIDO Token: Why You Should Be Careful About an Investment Promoted By Celebrities

Celebrities are now using their popularity to lure their millions of followers into an investment scheme that could consume their life savings. So, you shouldn’t be excited about the recent launch of a memecoin “Timeless Davido” or $DAVIDO by Afrobeat star David Adeleke aka Davido. Singers such as him, Rema, and a former controversial senator […]

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The Role of Trading Apps in Empowering Modern-day Investors

Trading apps have become an integral part of how everyday investors manage their portfolios and execute trades. Trading apps provide easy access to financial markets, allowing users to buy and sell stocks, ETFs, options, cryptocurrencies and more right from their smartphones. As technology continues to advance, so do the capabilities of these trading platforms. Let’s

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this photo is an illustration of trading stocks by stockbroker

How To Become a Stockbroker

A degree is okay to practice as a stockbroker, but most employers in the United States, United Kingdom, and Nigeria would prefer a degree holder in Economics, Finance, Accounting, Banking and Finance, Marketing, and Business Administration plus a professional certification. The body that issues the professional certificate to stockbrokers varies from country to country. Here

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this photo is an illustration of trading stocks by stockbroker

Duties of a Stockbroker

A stockbroker is a person or company that buys and sells stocks and other investments to individuals, companies, and other financial market participants in return for a commission or fee. They act as a financial advisor and investment manager. Their Roles Investment advisor They provide investment advice to their clients. Not just advice, but must

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Primary Dealer Market Makers in Nigeria: Their Functions and List of PDMMs

Primary Dealer Market Makers (PDMMs) are banks or other financial institutions that are appointed by the Debt Management Office (DMO) to act as authorized dealers in selling bonds of the Federal Government of Nigeria (FGN bonds). Understanding PDMMs in Nigeria PDMMs is a system put in place by DMO whereby some financial institutions are given an exclusive right to purchase/underwrite all government securities issued

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FACT CHECK: Do Nigerians Spend $975million on Online Betting Daily?

The October 2023 report by the National Lottery Trust Fund (NLTF) claimed that over 65 million Nigerians engage in betting daily, spending an average of $15 calls for scrutiny. By this claim, this translates to $975million daily, $29.2Billion per month, and not less than $351billion per year on bet spending. If Nigerian bettors are committing

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