Types of Financial Risk and How to manage them

In finance, risk is an inherent thing that individuals and businesses must navigate to achieve their financial goals.  Hence, understanding the various types of financial risk is vital for effective risk management and informed decision-making. This article delves into the key types of financial risk in the financial landscape. Each type has uniqueness,…

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CBN officially floats NAIRA

The Central Bank of Nigeria (CBN) has authorized banks to sell foreign exchange freely at market-determined rates, aligning with President Bola Tinubu's commitment to a single exchange rate regime. This move aims to attract investment and address concerns raised by multilateral lending organizations about the negative impact of multiple currency…

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Tony Onyemaechi Elumelu reveals the secret behind his successful entrepreneurial career

Nigerian businessman and Chairman of United Bank of Africa, Tony Elumelu, has divulged the standing principles that have guided his entrepreneurial journey over the years. Speaking during the just concluded Viva Tech conference in Paris, the 60-year-old business emphasized the significance of maintaining focus, resilience, and a determined outlook when…

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WAYS TO GET FINANCING AS A YOUNG PERSON.

Financing for young people can be challenging, but there are several options available to help them manage their finances and achieve their goals. Here are some common financing options and tips for young people: Savings accounts: Start by opening a savings account to develop good saving habits. Look for accounts…

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Read more about the article FINANCIAL MANAGEMENT
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FINANCIAL MANAGEMENT

Financial management is a crucial aspect of running a successful business, especially for young entrepreneurs in Nigeria. This article aims to provide practical financial management strategies tailored to the specific needs and challenges of young entrepreneurs in the Nigerian business landscape. Budgeting for Business Success: Young entrepreneurs must track and…

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SUBSIDY REMOVAL: THE NIGERIAN DREAM?

On Monday, May 29th, 2023, a new era dawned upon the Nigerian people as they embraced the inauguration of the 16th President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, representing the All Progressive Congress (APC). The historic event took place at the prestigious Eagles Square in Abuja, the…

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Read more about the article FINANCING FOR YOUNG PEOPLE
Black businessman using computer laptop

FINANCING FOR YOUNG PEOPLE

Financial planning is an essential life skill for young people to develop as it can help them achieve their financial goals, build wealth, and secure their future. These are some essential pointers for young people's financial planning: Set financial goals: Identifying your financial goals is the first stage in financial…

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