Treasury Bills are short-term government investments. Instead of leaving your money in a normal savings account, you lend it to the government for a specific period and earn a return. In Nigeria, Treasury Bills generally have maturities of up to 364 days. 3 Simple Reasons 1. Your Money Can Earn MoreRead more
Treasury Bills are short-term government investments. Instead of leaving your money in a normal savings account, you lend it to the government for a specific period and earn a return. In Nigeria, Treasury Bills generally have maturities of up to 364 days.
3 Simple Reasons
1. Your Money Can Earn More
A normal savings account may pay relatively low interest, while Treasury Bills can offer a more competitive return depending on the prevailing market rate.
2. They Are Government-Backed
Treasury Bills are obligations of the Federal Government, making them a relatively low-risk investment compared with many private investments.
3. They Give Your Money a Purpose
Instead of keeping excess money idle in your account, you can put it into a Treasury Bill for a specific period and receive the proceeds at maturity. You can then reinvest the money again.
Simple way to think about it:
Savings account = money kept available.
You don't necessarily have to choose only one. The better approach is to build financial protection while developing the habit of investing. An emergency fund protects you when unexpected expenses come, while investing helps build long-term wealth. 3 Simple Points 1. Build Your Emergency Fund FirstRead more
You don’t necessarily have to choose only one. The better approach is to build financial protection while developing the habit of investing. An emergency fund protects you when unexpected expenses come, while investing helps build long-term wealth.
3 Simple Points
1. Build Your Emergency Fund First
Start putting money aside for emergencies—unexpected medical bills, job loss, repairs, or urgent family needs. This helps prevent you from selling investments or borrowing money when something goes wrong.
2. You Can Still Start Investing Small
You don’t have to wait until your emergency fund is perfect. If you can afford it, invest a small amount regularly while building your emergency savings. Starting early gives your money more time to grow and compound.
3. Increase Both as Your Income Grows
As your income increases, increase your emergency savings until you have a comfortable safety cushion, then increase your investment contributions. The goal is to build protection and wealth at the same time.
Simple formula: Emergency Fund → Small Investments → Increase Contributions → Long-Term Wealth.
It happens. Sometimes the problem isn't the decision to borrow, but that the repayment plan was based on expected income instead of reliable income. Before taking a loan, make sure the repayment can survive even when things don't go according to plan. 3 Things You Can Do 1. Don't Borrow Based on HopRead more
It happens. Sometimes the problem isn’t the decision to borrow, but that the repayment plan was based on expected income instead of reliable income. Before taking a loan, make sure the repayment can survive even when things don’t go according to plan.
3 Things You Can Do
1. Don’t Borrow Based on Hope
Don’t say, “When this business works, I will repay.” First ask: “What exactly will repay this loan, and how reliable is that source?”
2. Create a Backup Repayment Plan
Have another source of repayment if your original plan fails. Know your monthly income, expenses, loan payment and interest before borrowing.
3. Borrow for a Purpose That Can Produce or Protect Value
If you don’t have much experience with loans, be careful about borrowing for consumption. If you borrow for business or an investment, understand how the money will generate enough cash flow to repay the debt.
Remember: A loan is not income. It is an obligation that must eventually be paid back.
As a beginner, don't start by looking for the investment that will make the most money. Start by choosing investments you understand, can afford, and can hold for your intended period. In Nigeria, the SEC recommends understanding your goals and risk level, diversifying, and investing consistently. 3Read more
As a beginner, don’t start by looking for the investment that will make the most money. Start by choosing investments you understand, can afford, and can hold for your intended period. In Nigeria, the SEC recommends understanding your goals and risk level, diversifying, and investing consistently.
3 Points
1. Start With Safer Investments
Consider options such as money market funds, Treasury bills, or government bonds. They can be useful for learning how investing works while focusing more on capital preservation and income.
2. Add Growth Investments Gradually
As you understand investing better, you can consider mutual funds or shares/equities for long-term growth. Stocks can offer greater growth potential, but their prices can also fall, so they are better approached with a long-term mindset.
3. Don’t Put All Your Money in One Place
Divide your money across suitable investments instead of depending on one company or one product. Diversification helps reduce the damage if one investment performs badly.
Beginner’s principle: Learn → Start Small → Invest Consistently → Diversify → Give It Time.
If you bought shares in 2008 and have not been receiving dividends, the dividends may still be unclaimed. You can check your name through the SEC’s unclaimed-dividend search system and then complete the required e-dividend process. 3 Simple Steps 1. Search for Your Name Go to the SEC Unclaimed DividRead more
If you bought shares in 2008 and have not been receiving dividends, the dividends may still be unclaimed. You can check your name through the SEC’s unclaimed-dividend search system and then complete the required e-dividend process.
3 Simple Steps
1. Search for Your Name
Go to the SEC Unclaimed Dividend Search Portal and search using your name. It can show the companies and registrars connected to your unclaimed dividends.
2. Contact the Registrar or Your Bank
Once you identify the registrar, obtain and complete the registrar’s e-dividend mandate form. You can submit it through your bank or directly to the registrar.
3. Get Your Past and Future Dividends Paid Directly
After your account is properly mandated, eligible unclaimed dividends can be paid into your bank account, and future dividends can also be paid electronically.
Important: Don’t assume that because the shares were bought in 2008, the money is automatically lost. The SEC has clarified that shareholders can continue to claim eligible unclaimed dividends, including amounts transferred to the relevant trust arrangements.
What is an FGN Bond? An FGN Bond (Federal Government of Nigeria Bond) is a government debt investment: you lend money to the Federal Government, and in return, the government pays you interest and repays your principal according to the bond's terms. FGN Bonds can be bought in the primary market or tRead more
What is an FGN Bond?
An FGN Bond (Federal Government of Nigeria Bond) is a government debt investment: you lend money to the Federal Government, and in return, the government pays you interest and repays your principal according to the bond’s terms. FGN Bonds can be bought in the primary market or traded later in the secondary market.
3 Places You Can Buy FGN Bonds
1. Banks
You can buy FGN Bonds through banks that are authorized Primary Dealer Market Makers (PDMMs), such as Zenith Bank, Access Bank, FirstBank, UBA, GTBank, Stanbic IBTC and others listed by the DMO.
2. Licensed Stockbrokers / Investment Firms
You can also use a licensed broker or investment firm to purchase FGN Bonds. In the secondary market, licensed banks and stockbrokers facilitate buying and selling of FGN Bonds.
3. Investment Apps/Platforms — Be Careful
Some investment platforms may provide access to government securities, but don’t assume every app offering “FGN Bonds” is directly selling you a bond. Confirm the actual security, the regulated intermediary behind it, fees, maturity date and ownership documentation before investing.
Simple rule:
Bank → Stockbroker/Investment Firm → Investment Platform
Before investing, verify that the provider is authorized and check the specific FGN security you are buying. The DMO maintains information on authorized distribution channels.
If you are new to FGN Savings Bonds, one important correction is that you buy/invest in the bond through an investment process; you don't simply open a normal savings account and deposit money into it. The DMO makes FGN Savings Bonds available periodically, and investors can access them through theRead more
If you are new to FGN Savings Bonds, one important correction is that you buy/invest in the bond through an investment process; you don’t simply open a normal savings account and deposit money into it. The DMO makes FGN Savings Bonds available periodically, and investors can access them through the DMO platform or an authorized Distribution Agent. The minimum investment is currently ₦5,000, in multiples of ₦1,000.
3 Key Points
1. Watch for the Monthly FGN Savings Bond Offer
The DMO publishes the offer, including the interest rate, opening date, closing date and maturity date. FGN Savings Bonds are offered monthly, generally with 2-year and 3-year tenors.
2. Buy Through the DMO Platform or an Authorized Agent
As a first-time investor, you can invest through the DMO subscription platform or an authorized Distribution Agent/stockbroker. A CSCS account is required; if you don’t already have one, the process can provide for one to be opened.
3. Invest, Receive Quarterly Interest, and Hold to Maturity
You purchase the bond with your chosen amount, and interest is paid quarterly. The principal is normally repaid at maturity. The bond can also be sold before maturity through the secondary market if you need to exit.
Think of it this way:
You don’t “save” money with the FGN Savings Bond, you buy a government security that pays you interest for lending your money to the Federal Government.
Dividends vs Capital Gains: How Do Investors Make Money?
by ROI
by ROI
See lessWhy Choose Treasury Bills Over a Savings Account?
Treasury Bills are short-term government investments. Instead of leaving your money in a normal savings account, you lend it to the government for a specific period and earn a return. In Nigeria, Treasury Bills generally have maturities of up to 364 days. 3 Simple Reasons 1. Your Money Can Earn MoreRead more
Treasury Bills are short-term government investments. Instead of leaving your money in a normal savings account, you lend it to the government for a specific period and earn a return. In Nigeria, Treasury Bills generally have maturities of up to 364 days.
3 Simple Reasons
1. Your Money Can Earn More
A normal savings account may pay relatively low interest, while Treasury Bills can offer a more competitive return depending on the prevailing market rate.
2. They Are Government-Backed
Treasury Bills are obligations of the Federal Government, making them a relatively low-risk investment compared with many private investments.
3. They Give Your Money a Purpose
Instead of keeping excess money idle in your account, you can put it into a Treasury Bill for a specific period and receive the proceeds at maturity. You can then reinvest the money again.
Simple way to think about it:
Savings account = money kept available.
Treasury Bill = money put to work for a period.
Henry Paul Akinmade
See lessBusiness Educator
Is It Better to Save an Emergency Fund Before Investing in Nigeria?
You don't necessarily have to choose only one. The better approach is to build financial protection while developing the habit of investing. An emergency fund protects you when unexpected expenses come, while investing helps build long-term wealth. 3 Simple Points 1. Build Your Emergency Fund FirstRead more
You don’t necessarily have to choose only one. The better approach is to build financial protection while developing the habit of investing. An emergency fund protects you when unexpected expenses come, while investing helps build long-term wealth.
3 Simple Points
1. Build Your Emergency Fund First
Start putting money aside for emergencies—unexpected medical bills, job loss, repairs, or urgent family needs. This helps prevent you from selling investments or borrowing money when something goes wrong.
2. You Can Still Start Investing Small
You don’t have to wait until your emergency fund is perfect. If you can afford it, invest a small amount regularly while building your emergency savings. Starting early gives your money more time to grow and compound.
3. Increase Both as Your Income Grows
As your income increases, increase your emergency savings until you have a comfortable safety cushion, then increase your investment contributions. The goal is to build protection and wealth at the same time.
Simple formula: Emergency Fund → Small Investments → Increase Contributions → Long-Term Wealth.
Henry Paul Akinmade
See lessBusiness Educator
Have you ever borrowed money with what you thought was a solid repayment plan, only for the plan to fail woefully?
It happens. Sometimes the problem isn't the decision to borrow, but that the repayment plan was based on expected income instead of reliable income. Before taking a loan, make sure the repayment can survive even when things don't go according to plan. 3 Things You Can Do 1. Don't Borrow Based on HopRead more
It happens. Sometimes the problem isn’t the decision to borrow, but that the repayment plan was based on expected income instead of reliable income. Before taking a loan, make sure the repayment can survive even when things don’t go according to plan.
3 Things You Can Do
1. Don’t Borrow Based on Hope
Don’t say, “When this business works, I will repay.” First ask: “What exactly will repay this loan, and how reliable is that source?”
2. Create a Backup Repayment Plan
Have another source of repayment if your original plan fails. Know your monthly income, expenses, loan payment and interest before borrowing.
3. Borrow for a Purpose That Can Produce or Protect Value
If you don’t have much experience with loans, be careful about borrowing for consumption. If you borrow for business or an investment, understand how the money will generate enough cash flow to repay the debt.
Remember: A loan is not income. It is an obligation that must eventually be paid back.
Henry Paul Akinmade
See lessBusiness Educator
What Are The Best Investment Plans For New Investor?
As a beginner, don't start by looking for the investment that will make the most money. Start by choosing investments you understand, can afford, and can hold for your intended period. In Nigeria, the SEC recommends understanding your goals and risk level, diversifying, and investing consistently. 3Read more
As a beginner, don’t start by looking for the investment that will make the most money. Start by choosing investments you understand, can afford, and can hold for your intended period. In Nigeria, the SEC recommends understanding your goals and risk level, diversifying, and investing consistently.
3 Points
1. Start With Safer Investments
Consider options such as money market funds, Treasury bills, or government bonds. They can be useful for learning how investing works while focusing more on capital preservation and income.
2. Add Growth Investments Gradually
As you understand investing better, you can consider mutual funds or shares/equities for long-term growth. Stocks can offer greater growth potential, but their prices can also fall, so they are better approached with a long-term mindset.
3. Don’t Put All Your Money in One Place
Divide your money across suitable investments instead of depending on one company or one product. Diversification helps reduce the damage if one investment performs badly.
Beginner’s principle: Learn → Start Small → Invest Consistently → Diversify → Give It Time.
Henry Paul Akinmade
See lessBusiness Educator
How Can I Check for Unpaid Dividends on My Nigerian Shares?
If you bought shares in 2008 and have not been receiving dividends, the dividends may still be unclaimed. You can check your name through the SEC’s unclaimed-dividend search system and then complete the required e-dividend process. 3 Simple Steps 1. Search for Your Name Go to the SEC Unclaimed DividRead more
If you bought shares in 2008 and have not been receiving dividends, the dividends may still be unclaimed. You can check your name through the SEC’s unclaimed-dividend search system and then complete the required e-dividend process.
3 Simple Steps
1. Search for Your Name
Go to the SEC Unclaimed Dividend Search Portal and search using your name. It can show the companies and registrars connected to your unclaimed dividends.
2. Contact the Registrar or Your Bank
Once you identify the registrar, obtain and complete the registrar’s e-dividend mandate form. You can submit it through your bank or directly to the registrar.
3. Get Your Past and Future Dividends Paid Directly
After your account is properly mandated, eligible unclaimed dividends can be paid into your bank account, and future dividends can also be paid electronically.
Important: Don’t assume that because the shares were bought in 2008, the money is automatically lost. The SEC has clarified that shareholders can continue to claim eligible unclaimed dividends, including amounts transferred to the relevant trust arrangements.
Henry Paul Akinmade
See lessBusiness Educator
Where Can I Buy FGN Bonds in Nigeria?
What is an FGN Bond? An FGN Bond (Federal Government of Nigeria Bond) is a government debt investment: you lend money to the Federal Government, and in return, the government pays you interest and repays your principal according to the bond's terms. FGN Bonds can be bought in the primary market or tRead more
What is an FGN Bond?
An FGN Bond (Federal Government of Nigeria Bond) is a government debt investment: you lend money to the Federal Government, and in return, the government pays you interest and repays your principal according to the bond’s terms. FGN Bonds can be bought in the primary market or traded later in the secondary market.
3 Places You Can Buy FGN Bonds
1. Banks
You can buy FGN Bonds through banks that are authorized Primary Dealer Market Makers (PDMMs), such as Zenith Bank, Access Bank, FirstBank, UBA, GTBank, Stanbic IBTC and others listed by the DMO.
2. Licensed Stockbrokers / Investment Firms
You can also use a licensed broker or investment firm to purchase FGN Bonds. In the secondary market, licensed banks and stockbrokers facilitate buying and selling of FGN Bonds.
3. Investment Apps/Platforms — Be Careful
Some investment platforms may provide access to government securities, but don’t assume every app offering “FGN Bonds” is directly selling you a bond. Confirm the actual security, the regulated intermediary behind it, fees, maturity date and ownership documentation before investing.
Simple rule:
Bank → Stockbroker/Investment Firm → Investment Platform
Before investing, verify that the provider is authorized and check the specific FGN security you are buying. The DMO maintains information on authorized distribution channels.
Henry Paul Akinmade
See lessBusiness Educator
How Do I Subscribe to an FGN Savings Bond as a First-Time Investor?
how to open a broker account?
how to open a broker account?
See lessHow Do I Subscribe to an FGN Savings Bond as a First-Time Investor?
If you are new to FGN Savings Bonds, one important correction is that you buy/invest in the bond through an investment process; you don't simply open a normal savings account and deposit money into it. The DMO makes FGN Savings Bonds available periodically, and investors can access them through theRead more
If you are new to FGN Savings Bonds, one important correction is that you buy/invest in the bond through an investment process; you don’t simply open a normal savings account and deposit money into it. The DMO makes FGN Savings Bonds available periodically, and investors can access them through the DMO platform or an authorized Distribution Agent. The minimum investment is currently ₦5,000, in multiples of ₦1,000.
3 Key Points
1. Watch for the Monthly FGN Savings Bond Offer
The DMO publishes the offer, including the interest rate, opening date, closing date and maturity date. FGN Savings Bonds are offered monthly, generally with 2-year and 3-year tenors.
2. Buy Through the DMO Platform or an Authorized Agent
As a first-time investor, you can invest through the DMO subscription platform or an authorized Distribution Agent/stockbroker. A CSCS account is required; if you don’t already have one, the process can provide for one to be opened.
3. Invest, Receive Quarterly Interest, and Hold to Maturity
You purchase the bond with your chosen amount, and interest is paid quarterly. The principal is normally repaid at maturity. The bond can also be sold before maturity through the secondary market if you need to exit.
Think of it this way:
You don’t “save” money with the FGN Savings Bond, you buy a government security that pays you interest for lending your money to the Federal Government.
Henry Paul Akinmade
See lessBusiness Educator
How Does Indexation Benefit Long-Term Mutual Fund Investments?
Welcome
Welcome
See less