Personal Finance articles

Personal Finance

3 Microfinance Banks That Offers Loans without Collateral

In a post that was published yesterday, I talked about 3 Nigerian banks that can give you loans without asking for collateral. You can find the post here, if you’d like information on those banks. However, it turns out that non-collateral loans from banks are not designed to be utilized by all classes of business.

Personal Finance

9 Popular Online Ponzi Schemes In Nigeria

Well, more than ever before, online ponzi schemes are now popular in Nigeria. Some have blamed this on the biting economic situation in the country – that has forced many Nigerians to look for alternative means to make ends meet, and put food on their table. The Nigeria’s cyberspace was awashed with lots of these

Personal Finance

How To Manage Your Finances In 2017

It’s 2017! Amid the troubled economy, we have managed to get here. The complex nature of our nation’s turbulent economy has impacted all Nigerians and leaves many feeling confused and anxious. The good news is that no matter how uncertain things may be, the basic fundamentals of personal financial management still apply, so do stay

Personal Finance

Stranded? Here Are 8 Ways To Make Money During The Holidays

Are you already stranded or spending more than budgeted? It’s expected. Holidays is a very expensive time of year. And if you haven’t budgeted for it, those costs will eat into your usual monthly expenses or add to debt. What should you do? There are plenty of legitimate moneymaking opportunities for you to capitalize on

Personal Finance

7 Ways Mentors Are Important In Business

The value of business mentors cannot be understated, even though some people don’t agree. Some times, it isn’t the best of game to play for someone venturing into a business/venture without having someone as a guide. A mentor offers valuable insight to things that only experience can teach. It gives you peace of mind knowing

Personal Finance

7 Ways To Celebrate Christmas On a Low Budget

Christmas is upon us again! A season of love and bliss. A time when cards of goodwill are exchanged, when the streets are lit with bright, colourful lights and the atmosphere filled with celebrations. It is a beautiful time of the year. As much as this season comes with lots of beauty and fun, there

Personal Finance

Black Friday: 5 Tricks To Beat Today's Sales

Black Friday! Today, November 25th has been marked out by most online stores in Nigeria for the mind-blowing annual shopping event. Originally known as an American holiday, the shopping tradition seeped into Nigeria a few years ago and has since become one of busiest shopping day of country’s holiday season. Unfortunately, it is not yet

Personal Finance

Black Friday: 10 Super E-commerce Deals In Nigeria

Black Friday is here again! Black Friday is special for it offers a lot of discount, offering the platform for the customer to purchase many goods at a lower rate and the vendors can sell in large volume. Here are some of the most amazing Black Friday deals from Slot, Jumia, Konga, Yudala, and Dealdey:

Personal Finance

MMM Nigeria: 10 Things Every Nigerian Should Know

It is no longer news, MMM is the new ‘bride’ in town – a new pyramid marketing scheme in that is spreading like wildfire. There is hardly anywhere you go to these days that you won’t hear people talk about it – either telling stories of how the ponzi scheme has turned their lives around,

Personal Finance

MMM Nigeria: 8 Steps To Avoid Ponzi Schemes and Financial Fraud

No much stories on this. Nigerians are already aware of the current Pyramid scheme trending called MMM Nigeria – a ponzi scheme which promises 30% Return on Investment (ROI) after 30 days. MMM stands for Mavrodi Mondial Moneybox and takes its name from its founder, Sergei Panteleevich Mavrodi of Russia. He founded MMM in 1989

Personal Finance

7 Ways You Can Identify a Ponzi Scheme

A Ponzi scheme by definition is a version of a fraud that rewards early investors with massive returns from the cash invested by newer investors. Ponzi schemes typically do not have an underlying asset or enterprise upon which the investment is built; rather cash payout is sustained from the investment of investors who come in

Personal Finance

6 Reasons Nigerian Youths Engage In Sports Betting

Well, be as it may, Nigerians have taken solace in sport betting. It’s now a new normal in Nigeria to see young people, especially, on the streets and queues strugling their way to place their bets on the five major leagues in world football. The English premier league, Spanish Primera la Liga, Italian Serie A,

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