A look at what each of the 36 federation states contributed to the Value Added Tax and what each received from the FG in 2024 shows that some states received more than they contributed in VAT while some got less than their contributions. States like Lagos, Rivers, Oyo, and Bayelsa received less than what they … Read more
Graduate school often has a significant workload, leaving little room for leisure. Yet, balancing academic responsibilities with a bit of fun can have remarkable benefits for the mind and soul. In this article, we will explore why it’s essential for grad students to carve out time for recreational activities, and how it can positively impact … Read more
Mojisola Lasbat Meranda, born on August 16, 1980, is a Nigerian public administrator, politician, and the first female Speaker of the Lagos State House of Assembly. She assumed the role of Speaker on January 13, 2025, following the impeachment of Mudashiru Obasa. She is a member of the All Progressives Congress (APC), representing Apapa I … Read more
CashX offers fast online lending services in Nigeria. The client can get the required amount in the shortest possible time and with a high probability of getting approved. The brand operates exclusively online, so the user submits their request through the loan app in Nigeria. About CashX This is a new financial company founded in … Read more
Sometime in 2021/2022, I fell victim to job scams on LinkedIn. The job poster, claiming to be an HR professional, posted a rather elusive job opening and directed interested individuals to comment “Hi” or “Interested,” promising to review the profiles of all who responded. Fast forward to 2025, the same job scam is still prevalent, … Read more
On October 2, 2024, the Central Bank of Nigeria (CBN) announced that it would introduce what it called the Electronic Foreign Exchange Matching System (EFEMS) as part of the recovery measures for Nigeria’s currency amid the Naira’s massive depreciation against its pairs in the foreign exchange market. The platform was tested for two weeks in … Read more
A new migration and financial services platform, Cush, has officially been launched in London, United Kingdom, promising to revolutionize the way migrants navigate relocation and cross-border financial challenges. According to its founder, Wale Ameen, the platform aims to simplify the migration process while providing secure payment solutions tailored to migrants’ unique needs. The platform, which … Read more
The self-proclaimed Deputy Prime Minister of the outlawed United States of Biafran Government in Exile, Ngozi Orabueze, has announced the recruitment of agitators into the Biafran security forces. Ngozi, who serves as deputy to Simon Ekpa, the Finland-based self-proclaimed Prime Minister of the United States of Biafran Government in Exile, made this announcement on December … Read more
Some dubious Nigerians have devised a new way to obtain money from their colleagues and acquaintances by pretense. One such tactic involves claiming, “I’m having trouble with my bank network. Can you help me transfer N40,000 to Bright (not a real name)?” Though not a new trend, this tactic has gained momentum as the year … Read more
Liquid and illiquid assets play distinct roles in financial planning and portfolio management. Knowing their characteristics, advantages, and limitations can help you align your assets with your financial goals. What Are Liquid Assets? Liquid assets are resources that can be quickly converted into cash without significantly affecting their market value. These assets are essential for … Read more
What Are Illiquid Assets? Illiquid assets are financial or physical holdings that cannot be quickly converted into cash without a significant loss in value. These assets typically lack an active market, making it challenging to find buyers or sellers promptly. While illiquid assets often hold significant value, their limited marketability distinguishes them from their liquid … Read more
It is important to understand the variety of assets available for investment when planning your financial future. By exploring different options, you can diversify your portfolio, balance risks, and optimize returns. However, it is also important to know the pros and cons of these investment types, and how to choose the right mix for your … Read more
Investable assets refer to any financial resources that can be allocated to generate returns. Unlike illiquid assets such as real estate or collectibles, these assets are typically liquid or can be easily converted into cash for investment purposes. Examples include: Why They Matter Investable assets are vital for achieving financial goals, whether that’s saving for retirement, … Read more
The 2024 Bloomberg Billionaires Index reveals that out of 500 wealthy people around the world who made the list, 190 American citizens made it onto the global list, translating to 38% of the top 500 billionaires in the world are in the United States. Within ultra-rich elite group, the top 100 billionaires in the U.S. stand … Read more
Generative AI, an advanced form of artificial intelligence capable of creating unique content, designs, and solutions, is reshaping industries at an unprecedented pace, following the emergence of OpenAI’s ChatGPT. The applications of Artificial Intelligence span from content generation to drug discovery, making it a cornerstone of innovation in 2025. Companies like OpenAI, Google DeepMind, and NVIDIA are already … Read more