The Asian economy is promising. It houses countries like China, Japan, South Korea, and Singapore that are now destinations for multinationals. Yet, some countries in the continent find it difficult to keep up with the pace of economic development thereby making their currencies one of the lowest currencies on the Asian continent. The continent also … Read more
Apart from Asia’s 59.76 per cent of the world population, its economy has commanded a lot of attention from investment analysts around the world, following some drastic economic policies that have led to substantial growth. For instance, Asian countries like China (the biggest by GDP), Singapore, Japan, and South Korea among others have been able to … Read more
Bahraini Dinar is the official legal tender in Bahrain; Manat is for Azerbaijan; Maldivian Rufiyaa is the official currency of Maldives while the Japanese yen is for Japan. All the 48 countries that makeup Asia all have their means of payment. Countries in Asia Comprising 48 sovereign countries and three other territories, Asia is not just only the largest continent, … Read more
Located in the South-West geopolitical zone, Ogun state is the most industrialised state in Nigeria. It shares borders with Oyo and Osun states to the north, Lagos state to the south, Ondo state to the east. Going by the business opportunities in Ogun, this article focuses on how investors both at home and abroad can seize the investment potential of the state. Some … Read more
Buying stocks from the secondary market involves some behind-the-scene documentation, that’s what this article aims to address Since the Stock Exchange Market is a secondary market, the transfer of stocks from a seller to a buyer will pass through the statutory process as stipulated by the regulatory agency. This is why it’s advised to deal with … Read more
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