Angela Olofua I help serious business owners and entrepreneurs register their business name and company (LTD) with the Corporate Affairs Commission (CAC).
I don’t know what a blue chip stock is but from my ongoing explanation, we can arrive at a logical conclusion of what it is. MTN is arguably the most profitable, strongest and used network in Nigeria. They have the largest number of subscribers. And Zenith bank is a strong commercial bank with lotsRead more
I don’t know what a blue chip stock is but from my ongoing explanation, we can arrive at a logical conclusion of what it is.
MTN is arguably the most profitable, strongest and used network in Nigeria. They have the largest number of subscribers. And Zenith bank is a strong commercial bank with lots of existing and growing customers. Both of them have the numbers and great cash flow.
If MTN and Zenith bank are strong examples of offering blue chip stock, that literally means they have the capacity to pay out dividends to their shareholders without much risk. They have a good track record of paying out dividends and many people would naturally want to key into that.
These are my 2 scents.
Angela Olofua I help serious business owners and entrepreneurs register their business name and company (LTD) with the Corporate Affairs Commission (CAC).
I’m not sure about treasury bills. But I know there are different types of bonds. Bonds offered by licensed companies listed on the NGX and the Federal Government (FGN) bond itself. I will always recommend the FGN bond because it is always guaranteed, nothing will make you not receive your dividendsRead more
I’m not sure about treasury bills. But I know there are different types of bonds. Bonds offered by licensed companies listed on the NGX and the Federal Government (FGN) bond itself.
I will always recommend the FGN bond because it is always guaranteed, nothing will make you not receive your dividends and your capital at the end of the contract you signed up for.
By contract, I mean the number of years you wish to invest. The highest is 3 years tenure. And you get your dividend every quarter of the year till the end of the tenure.
The FGN bond is always announced at the first week of every month and stays open for 5 days. So, always look out for the announcement and make sure you invest before it closes else you’ll wait till the next month.
And the minimum capital you can start with is N5,000 and the highest is 50Million. I will also recommend that you download the InvestNaija App and also follow Chapel Hill Danhem on Facebook for quick updates about FGN bond opening. I hope this answers your question to some extent.
What Is a Blue Chip Stock and Why Are MTN and Zenith Bank Good Examples in Nigeria?
I don’t know what a blue chip stock is but from my ongoing explanation, we can arrive at a logical conclusion of what it is. MTN is arguably the most profitable, strongest and used network in Nigeria. They have the largest number of subscribers. And Zenith bank is a strong commercial bank with lotsRead more
I don’t know what a blue chip stock is but from my ongoing explanation, we can arrive at a logical conclusion of what it is.
MTN is arguably the most profitable, strongest and used network in Nigeria. They have the largest number of subscribers. And Zenith bank is a strong commercial bank with lots of existing and growing customers. Both of them have the numbers and great cash flow.
If MTN and Zenith bank are strong examples of offering blue chip stock, that literally means they have the capacity to pay out dividends to their shareholders without much risk. They have a good track record of paying out dividends and many people would naturally want to key into that.
See lessThese are my 2 scents.
What Is the Difference Between Bonds and Treasury Bills in Nigeria?
I’m not sure about treasury bills. But I know there are different types of bonds. Bonds offered by licensed companies listed on the NGX and the Federal Government (FGN) bond itself. I will always recommend the FGN bond because it is always guaranteed, nothing will make you not receive your dividendsRead more
I’m not sure about treasury bills. But I know there are different types of bonds. Bonds offered by licensed companies listed on the NGX and the Federal Government (FGN) bond itself.
I will always recommend the FGN bond because it is always guaranteed, nothing will make you not receive your dividends and your capital at the end of the contract you signed up for.
By contract, I mean the number of years you wish to invest. The highest is 3 years tenure. And you get your dividend every quarter of the year till the end of the tenure.
The FGN bond is always announced at the first week of every month and stays open for 5 days. So, always look out for the announcement and make sure you invest before it closes else you’ll wait till the next month.
And the minimum capital you can start with is N5,000 and the highest is 50Million. I will also recommend that you download the InvestNaija App and also follow Chapel Hill Danhem on Facebook for quick updates about FGN bond opening. I hope this answers your question to some extent.
See less