Most times, claiming the investment holdings, including stocks, bonds, and other securities of a deceased family member involves a tedious legal process, especially if the deceased died intestate (without a Will). So, if your parent, grandparent, spouse, or any family member has passed away without leaving a will, you might have a backlog of unclaimed … Read more
CFD trading has become very popular over the years. The advancements in technology and online trading platforms have made all CFD instruments easily accessible and tradable for everyone. You can explore multiple markets with CFD trading, one of which is the dynamic forex market. Forex CFDs have become one of the most traded instruments on … Read more
You might be among the owners of over N190 Billion in unclaimed dividends if you purchased shares from a company many years ago and haven’t checked back since then. You or your family member could have millions or billions of naira sitting dormant somewhere, waiting to be claimed. This guide will show you how to … Read more
The Somalian currency (SOS) is now stronger than the Naira. 1 SOS can buy N2.8, meaning 50,000 SOS is equivalent to 140,000 naira at the time of publication, just as a foreign exchange crisis envelops Africa’s biggest economy amid acute inflation. SOS gained 157.67 percent against the Nigerian currency from February 1, 2023, to February … Read more
The decision by Nigeria’s apex bank to relocate five of its departments from Abuja to Lagos in the middle of January 2024 sparked considerable uproar. Some Northern politicians and groups went so far as to threaten that such a move could have political implications for President Bola Tinubu’s second-term ambition. An internal memo obtained by … Read more
President Bola Tinubu’s directive for the Nigeria National Petroleum Company Limited (NNPC) to submit receipts of crude oil sales to the Central Bank of Nigeria (CBN) is not only bold but also signals the end of the era where the oil company served as its own auditor. The opacity of the NNPC has long posed … Read more
What is Yellow Pay? Yellow Pay is a cross-border payment product of Yellow Card Financial Inc. which uses blockchain technology in sending and receiving local currencies across African countries. I tested it by sending money to a colleague. It’s indeed faster than the conventional transfer system. It is faster and cheaper for cross-border payments in … Read more
The recent promise by the Governor of the Central Bank of Nigeria (CBN) Yemi Cardoso to introduce anti-inflation policies sounds like the “usual political talk”, it lacks the sufficient economic substance that is needed to fight Nigeria’s 27-year debilitating 28.9 percent inflation, which is largely driven by food. Nigerians have grown weary of such rhetoric. Speaking … Read more
Given the proliferation of fraudulent exchanges following the cryptocurrency boom, along with the prevalence of pump-and-dump practices, many individuals in the crypto trading community exercise caution when considering a new platform. In terms of novelty, the Yellow Card App is one such platform. However, the question remains: Is it a legitimate platform for Africans to … Read more
The Federal Inland Revenue Service (FIRS) collected at least N89.077 Trillion in 25 years, increasing its tax revenue by 1,936.48% between 1999 to 2023, Tax Revenue Statistics on the agency’s site reveals. FIRS is an agency of the Federal Ministry of Finance in Nigeria with the core functions of assessing, collecting, remitting, and accounting for … Read more