Billionaire investor and philanthropist, Ken Langone has pointed out three core business principles that worked for him during his career. He told CNBC in an interview that aired on Mad Money that these principles have also been instrumental in building a successful organization. According to him, the three most powerful things in business are: a …
African telco giant, Airtel Africa made the top spot as the most valuable company on the Nigerian Exchange, with a market value of N6.51 trillion as of the end of June 2022. Dangote Cement and MTN Nigeria also followed with N4.69 trillion and N4.68 trillion respectively. This is according to data tracked by Nairalytics, the …
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The cryptocurrency space in the month of May 2022, will definitely be remembered by the cryptocurrency community as the market was plagued with a rollercoaster of negative headlines that cast a dark shadow over the future of the market and investor confidence. The month ended up being a bearish month for the cryptocurrency space as …
Markets have become uncertain and volatile due to food chain supply and energy crises occasioned by geopolitical Russia’s invasion of Ukraine almost 10 weeks ago and resurgent coronavirus in China. Wheat and oil are both 50 per cent more expensive than they were a year ago. For importing countries, fiscal costs of food and energy …
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Cosmos (ATOM), Chainlink (LINK), and the new token Parody Coin (PARO) could be the hottest investments in April 2022. These three cryptocurrencies could very well reach the moon and provide great returns. Read on to learn more about these three coins and why you should consider them for your cryptocurrency investment fund. Cosmos increases validators to 175 from …
The cryptocurrency space in the month of April was a rollercoaster of events. The month ended up being a bearish month for the cryptocurrency space as flagship cryptocurrency asset, Bitcoin did a U-turn after two consecutive months of gains. It began trading from $45,538.68 at the beginning of the month and ultimately ended the month …
The word Ponzi is now synonymous with fraud, especially financial fraud. Its important investors do very basic scoring of financial offers they receive or are considering. What is a Ponzi Scheme? A Ponzi scheme is a fraudulent investment scheme that offers high interest but pays this interest by taking the deposits of new investors to pay …
The month of March ended up being a bullish month for the cryptocurrency space as flagship cryptocurrency asset, Bitcoin gained for the second consecutive month, from $43,193.23 at the beginning of the month to end the month at $45,538.68, representing a 5.43% gain. Bitcoin traded as low as $37,260.20 at the beginning of the month, …
Many African business franchisors support business networks with training and operational guidelines but fail to earn a desirable income. Franchising boosts business revenue. However, restrictive regulations, new responsibilities, and operating costs pose challenges. That notwithstanding, here are some recommendations on how Africans can make money through business franchising. These recommendations are based on insightful analysis …
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Information available on the CBN website shows that there are about 916 licensed microfinance banks in Nigeria. These banks provide essential financial services (such as savings, lending, domestic fund transfers, etc.) to low-income earners, the unbanked and under-served groups like market women and unemployed youths. For a very populous country like Nigeria where only 64% …
