I keep seeing “Sukuk” mentioned in Nigerian finance news. Is it just a fancy name for a loan, or is it actually different from a normal interest-paying bond?
As a beginner who knows nothing about the financial market, how can i start building my portfolio with just #200,000 to #300,000.
I have a savings account that pays me a small amount of interest every month. Is it okay to keep my money there if I don’t use the interest?
These companies don’t sell alcohol or pork, but they are huge. Does that automatically make them Halal?
I’m scared of the stock market. Is just buying and holding Gold a safe and Halal way to grow my wealth?
How can one make proper research about the strength of a certain stock like okumoil etc and what are the needed research one need to make to help one make an informed decision.
Poll Results
Please login to vote and see the results.
Participate in Poll, Choose Your Answer.
Many Nigerians are currently exploring different avenues for wealth preservation to combat inflation and ensure long-term stability. Given the current economic climate, I am interested in understanding where the community places their trust when it comes to securing capital for ...Read more
Poll Results
Please login to vote and see the results.
Participate in Poll, Choose Your Answer.
Most Nigerians save money… but don’t invest. Saving keeps your money safe. Investing makes your money grow. If you leave ₦100k in your account, it stays ₦100k But if you invest it, it can become more. That’s the difference. Welcome to the ...Read more
I’ve been saving steadily, but I’m worried inflation is slowly reducing the value of my money. If you have time, I’d really appreciate any guidance or safe strategies I could follow to protect and grow my savings/ wealth.
An acquaintance reach out to me, trying to find out which is better between MMF, and investing in Keke(Enviable tricycle) to be precise. The deal is 5m(5million naira) for one unit of Keke with 30% i.e 6.5m(six million,five hundred thousand ...Read more