Are you in Nigeria or resident in the United States, Canada, or United Kingdom or anywhere around the world and you want to start trading stocks on the Nigerian Exchange? This article outlines the procedure of buying shares on the secondary market. You don’t have to lament if you missed Public Offer of a prominent … Read more
Stamp duties are taxes paid on written and electronic instruments or documents relating to an act performed or required to be performed in Nigeria. In Nigeria, stamp duty is backed by law which is called the Stamp Duties Act (SDA) Cap. S8 LFN 2004. In this article, we’ll also discuss the process of paying stamp duty … Read more
What is scale preference? A scale of preference is a list of human wants arranged in order of priority. It is a priority rating of all individual wants according to their importance. Everyone has a form of a scale of preference even in some situations when one has enough cash to purchase books, the latest … Read more
A Stock Exchange Market trades shares and securities of companies and corporations. It is one of the categories of the capital market that plays a prominent role in determining how healthy an economy is for investors. This highlights the importance of the stock exchange, its functions, and a few examples of stock exchanges around the … Read more
What is scarcity? Scarcity is the inability of human beings to provide themselves with all the things they want or desire at a specific time. It is one of the most important elements in economics. It forms the core of the economic problems. It creates a “problem” and the ability of humans to effectively manage … Read more
Definitions of Economics Economics is the act of creating wealth and the management of such wealth in the long term. To some people, economics is the study of scarcity. Men will have to manage the available resources within their reach or choose between the competing alternatives. It is the study of wealth for human satisfaction i.e how money … Read more
Price floor is a price control mechanism employed by the government, institutions or companies on how low the price of a product or service can be. Simply put, the lowest price in the price band is called the price floor. The opposite of this economic jargon is cap price (price ceiling) which is the highest … Read more
Currently, the Peruvian Sol is the strongest currency in South America, followed by the Brazilian real. The monetary policies of their leaders helped the currencies attain their position on the exchange rate market on that continent. The value of a country’s currency is very important. A financial or investment expert can use the value of the … Read more
Homeownership has been a plunge far more people have been taking since 2020, with the years since seeing major spikes in buying and market interest. If this has piqued your interest, and you’re curious about what this could look like for you: you’re not alone. Instead of running over scenarios nonstop, these are five pros … Read more
Fuel scarcity in Nigeria is no longer news. It’s a time for some oil marketers and some filling stations across the country to up their profit by a ridiculous rate. But one major player in the oil and gas sector is BOVAS Group, a company that has shown the world that there are still selfless … Read more
When doing a cross-border transaction or investing in another country, it’s important to know the value of the currency of the country you want to invest in. In case you’re considering an investment, in the fourth largest continent, this article highlights the five weakest currencies in South America after we highlighted the strongest legal tender … Read more
The reduction in the official value of a currency in relation to other currencies at the foreign exchange market is called devaluation. This is one of the economic challenges Nigeria is currently passing through. Devaluation is peculiar to an importing-dependent economy that is also battling with insecurity and leadership catastrophe. For instance, if a crate … Read more
There are 12 independent countries in South America, the fourth largest continent in terms of land area after North America, Africa, and Asia. It also has five territories under an independent country. As of 2016, the population of South America was put at 422.5 million. The continent has a rich biodiversity, making it unique among the world’s … Read more
The strongest currencies in Africa in 2023 in terms of US Dollar exchange rate are Tunisian Dinar, Libyan Dinar, Moroccan Dirham, Ghanaian Cedi, Seychellois Rupee, Botswana Pula, Eritrean Nakfa, Namibian Dollar, Lesotho Loti, and Swaziland Lilangeni. In this post, we will compare currencies in Africa against the United State dollar and come up with the 15 most valuable currencies on the continent … Read more
Nicknamed ‘Farming is Our Pride’, Zamfara state has a lot of investment opportunities even as the state continues to battle some security challenges. Some of its challenges are another set of opportunities for investors who can employ technology to solve problems. While we’ll be highlighting some of the business ideas, it’s important to point out … Read more