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How to earn additional income spending less time

2009-02-15T23:55:00.001-08:00

Are you seeking an alternative income but no time at your disposal to devote to finding one? It should interest you to learn that earning an extra income does not necessarily have to be as time consuming as usually perceived. The reality is that the time spent working can sometimes affect people’s ability to meet up with other life’s obligations. This is even more pathetic when in a bid to meet up with earning income to meet needs; some parents get estranged from their children.
Fact, is you can explore the option of building a passive income, spend less or no time working for it and still earn more or just as much as your paid employment.
According to respondents, hours put in paid employments ranged between 8 to 12 hours with some in a bid to avoid being laid off, work longer hours without compensation, revealing a situation where they work harder yet cannot meet basic needs.
Therefore, inability to meet spending needs can be attributable to the fixed income of most paid employments, which sets a ceiling on the income obtained whether weekly or monthly and is not construed to envelope expansion in personal needs or desires.
Consequently, most workers in paid employment complain of not being able to adequately meet basic needs despite putting in many hours at work.
The complaints may very well be across board as respondents all complained of working hard but incomes do not meet their basic needs especially as cost of living continues to rise.
A breakdown of the usage of the 24 hours available to everyone may include eight to 12 hours to and fro the work place (especially in Lagos where traffic jam is a major challenge), six to eight hours spent on sleep, leaving only four hours for other activities you may choose.
Worse still, work days have been extended in some companies to include weekends leaving out the choice of making a difference in finances with the remaining four hours a day.
A passive income stream is explained to be rent received on a regular basis with little effort required in maintaining it, while the active income is obtained in the work place and requires your full time participation to earn. You are being paid for the effort you put in and the moment you stop working, your active income will stop too.
In other words, to experience financial independence and sustenance, you need to explore ways of creating more passive income. Income that keeps flowing with minimal or little time put in, so that while working in a paid employment, extra income is comings in from built passive income streams.
Also called a residual income, it is revenue that occurs over time from work done one time; interestingly, there are many different ways to generate passive income across a wide variety of businesses. It may be recurring income from the same customers, or the sales of a product to new customers.
Financial experts posit different ways of building these passive income streams which will only require an initial effort and commitment. Writing a book for instance and contracting the sales either online or to a sales agent and earning percentages on every copy sold.
Although only requiring your initial time in completing the book, this source of income does not require any more of you time or effort, hence it is passive in nature.
Starting a business, though technically not a passive one, is a key strategy for earning more and working less; this may also involve making money from other people’s work which may include getting involved in a network marketing arrangement, where down lines are built and commissions received on sales made by people in the down line.
Making money online is also available as a passive income, investing in income and interest yielding instruments, such as the money market, stock market or property market.
Other ways of gaining passive income in experts’ opinion, is becoming an insurance agent who gets commission every year when a customer renews his policy.
You can also serve as a marketing or direct sales representative, earning income from customers when they re-order products every month or as often as needed, or a marketing consultant who creates a workbook and sells it in e-book format on the internet or other sales avenues.

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Cheap stocks, no buyers

2009-02-14T05:38:00.001-08:00

This could be investors best chance to put money in the stock market. This mean investors who still have some money to spare despite the present financial crisis can take advantage of this opportunity because stocks may never be this cheap again
A lot of people had waited for stocks to be this cheap but they did not envisaged that money would be this hard to get. There is no doubt that the fall of the Nigerian stock market caught a lot of investors by surprise and they had lost trillions in wealth.
Now, many of them may have to postpone their retirement dreams. Others may have to go back to work because their investments are no longer enough to get them through retirement.
Market watchers submitted that last week’s trading on the Nigerian Stock Exchange (NSE) would definitely pass as one of the worst weeks of the troubled season as the bottom got knocked off the market and stock prices went on a free-fall.
The massive price decline suffered by many stocks saw the NSE All-share Index dropping by a staggering 11.5 percent. Market capitalization dipped by the same margin, losing some N0.69 trillion in the process.
Jude Uzouwulu, a stock analyst, observed that “It was another dark week for investors whose hard-earned savings, locked in stocks, has been rapidly turning worthless, at least on paper. While long-term recovery is expected, it certainly offers no comfort to see the current values vaporize, as has proved the case”.
He stressed that the immediate problem is straightforward since the demand for stocks has virtually collapsed.
“As cash-strapped and frightened investors fret to sell, and with no serious buyers available for any sizeble mop-up, the price fall has been unrestrained. Even writing about it has become distressing”, he said.
Meanwhile, stakeholders have stepped up their campaign for government intervention in the market. According to Tunde Balogun, chief financial officer of Nigerian Aviation Handling Company plc (NAHCo), the problem in the market was compounded by banks’ concerted efforts to recover all margin facilities in the market. He urged the Federal Government needs to intervene by taking a summary of all margin loans in the market and work out a bail option for the banks in this regard.
‘Since the margin loans in the market has caused liquidity challenge to the banks, government should take a summary of all the exposed margin loans and decide on what the bail out sum should be. This I believe would move the market forward,” he said.

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Investors accuse banks of inhibiting market recovery

2009-02-13T01:03:00.001-08:00

As the Nigerian capital market continues to wallow in the troubled waters of prolonged loss of value, investors and operators are railing accusations against the banking sector for their die-hard posture on recovering margin loans, an instrument that played a crucial role during the market boom period.
This is coming against the backdrop of the directive by the CBN instructing financial institutions to reschedule all loans used for investment in the capital to the end of the current year in order to provide recourse to the borrowers of funds and allow for more time to pay back their debts.
Operators narrate their tale of woes in the hands of the banks who, they say, are the major cause of illiquidity in the stock market. According to them, the banks do not honour cheques they issue to their clients for selling their stocks if the stock broking firm owes the bank through the margin facility.
Also, as clients make payments into their accounts for the purpose of share purchases, the banks divert it to the loan account to reduce the debt portfolio, thereby leaving the brokers trapped, not being able to meet their obligations to their clients. This scenario, brokers regret, has resulted in lowering further market activities as there is no fund at their disposal to buy the stocks that are now peanuts.
Market watchers wonder why with all the good results coming from the banks, they are so much in a hurry to recover loans which were used to promote their stocks value when market was bullish.
Industry players say this suggests why none of the banks have come out boldly to defend its stock value by buying up the statutorily approved 15 percent of their shares in the market. In the light of this air of suspicion, analysts call for a closer monitoring and supervision by the CBN on banks’ activities, especially their financial records.
To some stakeholders, whether market will recover losses this year or not would depend on the Federal Government rolling out a robust bail out package for the market.
According to a source, “the unfortunate thing is that our leaders are clueless and have quickly run out of ideas. They seem not to be in touch with happenings around the world and the steps they have taken to restore investors’ confidence in other markets”.

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Bonds as alternative investment window

2009-02-12T00:51:00.001-08:00

Variety they is the spice of life and this is true at all time and in every area of human life. Beyond human life, the financial industry is usually see as a veritable source of keeping businesses and institutions in existence. However, analysts have continued to decry the shortage of variant securities instruments in the capital market, leaving the equities market more as a monopoly. Available data confirms that equities alone constitute about 90 percent of the total market capitalization of the NSE. The implication of this is that the Nigeria’s financial market leaves investors with limited or no alternative investment instruments unlike their counterparts in other markets of the world.
The director general, Securities and Exchange Commission (SEC) Musa Al Faki in a recent training workshop for capital market operators pointed out that at this time in the life of our capital market the bonds market deserves all the possible attention and growth, at least for the purpose of portfolio diversification.
Analysts believe that the over dependence in equities market has caused investors much loses in the meltdown. They also call for more information and enlightenment on the advantages of bonds to encourage the investing public to patronize the bonds market. The need for education about the bonds market is not limited to the investors but also to the operators who would manage the investments as well as offer advice as professionals to the investors.
According to Al Faki, providing necessary education for the stockbrokers on bonds would encourage the introduction of such financial instruments into the market to complement equities and consequently result in deepening our market.
It would be recalled that last year a number of companies were cleared to come to the market to raise money in the equities market but could not muster the courage to come out with public offers due to the bearish market condition.
However, Crusader Nigeria plc came with an innovative product known a debenture stocks with 13 per cent coupon rate for five years and the option to convert to equity at maturity at the current price of crusader stocks. This product was lauded by stakeholders as a branching off from the status quo, being equities. Investors in this product are not affected with the melting down that has persisted.
Every year, 13 percent interest is paid while the principal sum invested is in tact to be fully paid at the end of the five years. This is perhaps the strong point about bonds against shares. Nigerians are however not embracing the bonds largely due to lack of information and the craze for quick gains through share appreciation that characterize the bullish market. But it must be pointed out that market is unpredictable but driven by market forces of demand and supply. Therefore, no one can guarantee the sustenance of bullish trend and for how long.

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Transcorp broke all rules as NSE DG presides Tuesday, 10 February 2009 00:29 by our reporters

2009-02-10T09:56:00.001-08:00

While in the past year investors in the stock market have seen the value of their investment eroded very significantly, investors in Transcorp are doubly troubled.
The over 250,000 retail investors that put their money in Transcorp few years ago, with a promise of long term returns on their investment are reeling. As the company is set for its first extra-ordinary general meeting (EGM) scheduled for the 25th of this month, investors are of the opinion that the director general of the Nigerian Stock Exchange (NSE), Ndidi Okereke-Onyiuke, has presided over at best a very loose structural company called a conglomerate.
Investors are concerned that it took the company many years to hold the first meeting of investors. During these years, there was no presentation of the financial situation of the company to investors through the stock market. Investors in Transcorp are routinely taken for granted and have not had any say in the running of the company since inception.

Investors now wonder very loudly the phony arrangement of having the director of the stock exchange, in effect, the umpire of the exchange, as the head of one of the companies listed on the same exchange. One investor asserted that “Ndi Okereke-Onyiuke as chairman of Transcorp is like the governor of the Central Bank being a chairman of one the banks”. “Is that acceptable”, he queried.
Companies listed on the stock exchange are expected to present facts and figures to investors. But Transcorp has not done that. During the period, directors of the company were changed without input from shareholders.
Okereke-Onyiuke as chairman has presided over the spectacular fall in the fortunes of the company. Last Friday, the shares traded for N0.65, a 4.41 percent drop over the previous trading day’s price. In the last, the stock has traded under N1 per share.
Since the start of the corporation, set up in the mode of “Chaebols” of South Korea, it has had three CEOs. When the present CEO, Tom Isegholi, arrived there were promises of the revival of NITEL after he presented positive earnings and profit outlook for the company. Since the promises, investors wondered what has happened, despite the billions spent on the company in salaries and consultants’ fees.
While the fortunes of investors decline, the promised revival of NITEL has failed to take off and the viable revenue streams from Transcorp Hotel and SAT 3 were daily used to prop up NITEL with significant hiring of consultants from abroad. Insider sources claim that the hiring of consultants are guises used in fleecing the fortunes of the company.
Indeed, the history of Transcorp appears to be that of breaking rules or contravening basic ethics in business. First, Transcorp was alleged to have broken the rules in listing on the Nigerian Stock Exchange (NSE). Normally, companies in the country can only be listed on the NSE after three years of incorporation in the second tier segment of the market and five years of incorporation for those seeking listing in the first tier segment of the market.
Transcorp was listed on the NSE only after two years, making it the first company to be listed on the NSE within two years of incorporation.
Those opposed to the listing had noted that such exceptional waiver for a company to be listed would have been overlooked except that the company was connected with the powers that be. Moreover, Transcorp’s prospectus showed that at the point of listing, it owed banks about N67.1 billion, N7.0 billion more than the N60 billion, the company went to source from the capital market.
The company had budgeted N25 billion to refinance part of the N65 billion loan it took to finance its acquisition of NITEL/MTEL. This still leaves a significant part (about N30 billion) of this loan unpaid which would have attracted significant interest payments in the last few years. Since, though, audited results, if available, have not been presented to shareholders. Investigations also reveal that the business is indebted to four major banks to the tune of about N80 billion, and struggling to manage the debts.

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Beginners guide to Nigerian stock market 1

2008-06-29T16:56:00.001-07:00

Beginners guide to Nigerian stock market
The idea didn’t just pop out or the moon. You must have been accosted by a stock broker, or from the unceasing adverts of share offers. But at last you’ve decided to invest. Good choice. Nigeria is still currently named among developing countries, but people say this like it’s a taboo. Well for the smart ones, it simply tells you that thee are a lot of untapped market niches available the country’s economy. To invest into the Nigerian stock market or other securities is quite a very critical decision every investor should look well, to leap high. The stock market is the only business transaction that its resource is over 70% untapped. But remember you stand a great chance of profiting unlimitedly in trading in Nigerian stocks, as well as losing every thing you have worked for all your life into the Nigerian stock market just in a twinkle of eye.
This is the main reason why Nigerian stock market is not meant for everybody. People who cant stand market pressure or calculated risk. Success and progress comes with its own price. And the solemn price needed to succeed in the Nigerian stock market is money and information. Neither can be ignored. Therefore before you start investing in the Nigeria stock market, you should re-evaluate you financial status to give you and idea of investment benchmarks you will strive towards.
But with all the cash in the world and the wrong information, you wont go far before your banker starts knocking at your door. So get both and get rich

Treasure Map
For every beginner, before rushing to close your account because of some public offers you heard on the radio, first think of the best way you intend to invest in the Nigerian stock market. By buying equities, mutual funds, bonds. This depends on your knowledge of the trade and the amount of time you are willing to sacrifice for the venture. Secondly, look at visit your banker and determine how much you’re willing to risk in this venture. Yes, you heard me right, “RISK”. I’m yet to see a business with high yield and 100% guarantee returns. After checking your financial status, be sure to start with as little as you can afford, so that you wont loose of your life earnings in one swoop.
To be Continued

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FG approves Nipco to operate natural gas filling stations

2008-06-20T14:14:00.001-07:00

The Federal Government has granted approval to Nipco Plc to operate natural gas filling stations as fuel for cars in Nigeria. The innovation by the company has finally boost the campaign by the Nigerian National Petroleum Corporation (NNPC) that private investors should invest in downstream gas utilisation projects especially the construction of natural gas filling stations which has failed to attract investment by major marketers.
Mr. Girish Sanadhya managing director, Nipco Plc confirmed that the approval granted by the government to improve the utilisation of compressed natural gas (CNG) will assist the company to embark on the construction of natural gas filling stations in Benin, Edo State during the pilot scheme. The project, according to him is expected to commence at the sites acquired by the company on completion of feasibility studies and approval of capital required to finance the construction. “As part of our contribution to the nation’s economy, we have decided to launch the project so that the dependence on fuel importation will become a thing of the past and annual expenditure of fuel subsidy would be used to finance viable development projects in the country by the government to make Nigeria one of the leading 20 economies by 2020 in line with Vision 2020 goals,” he said.
Sanadhya noted that the company is expected to spend N7.02 billion on all its downstream gas projects being executed in the country. In this case, he disclosed that $50 million (about N5.85 billion ) out of the budget would be committed to implementation of its liquefied petroleum gas (LPG) project and N120 million on the natural gas filling stations. “On completion of the pilot scheme in Benin, we have carried out studies that would enable us to introduce the use of natural gas as fuel for cars in Port Harcourt, Ibadan, Kano and Abuja before coming to Lagos”, he noted.
According to Sanadhya “the success of natural gas as fuel for city bus in Delhi India could be replicated in Nigeria if necessary support is provided in line with the commitment of the Federal Government to earn the same level of income from natural gas as in crude oil by 2010. “It is possible that the initial cost of conversion of a car engine to dual fuel consumption system may be high as N120,000,. but the spread of the cost over a given period of the life of the car engine shows that it is better to utilise natural gas as fuel instead of premium motor spirit (PMS) and diesel”.
He added that filling stations of independent marketers have also been identified as distribution points of LPG so as to improve its utilisation in rural areas. He noted that four workshops are expected for completion so as to assist in reducing cost of conversion and carry out maintenance of dual engines to use natural gas.
The introduction of gas filling stations in Nigeria implies that environmental pollution from burning of liquid fuel will reduce and it will assist the federal government to comply with the Kyoto treaty aimed at reducing global warming. Besides, the introduction of natural gas as fuel for cars will improve the fortunes of independent marketers operating in the country as drivers of the project and also encourage investment in gas gathering projects by multinational oil producing firms so as to bring an end to flaring on their oil fields.

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Stock losses take toll on NSE

2008-06-19T15:24:00.001-07:00

The Nigerian stock market witnessed share price depreciation for the second consecutive day in the week as bears take toll.
The negative outlook was attributed to the low performance of the banking sub-sector which is one of the most highly capitalized stocks on the exchange.
The volume traded in the banking sub-sector rallied down yesterday bringing the total volume at 142.11 million ordinary shares worth N3.16 billion in 6,865 deals compared with 295 million shares valued at N5.39 billion exchanged in 7,935 deals on Monday.
The market capitalization of the equities opened at N11.416 trillion, dropped by N297 to close at N11.119 trillion, representing about 2.60 per cent.
In the same vein, the All-share index equally depreciated by 2.60 per cent to close at 57,101.72 index points.
Sixty-seven stocks depreciated in price led by Oando Plc with N10.60 to close at N201.40, Benue Cement Company followed with a loss of N2.47 to close at N46.93, Flour Mills shed N2.36 to close at N87.49and Ashaka Cement lost N2.22 to close at N42.37.
Other losers’ on the chart include Zenith Bank with N2.20 to close at N42.30. Intercontinental Bank fell by N2.13 to close at N40.62, Lafarge Wapco depreciated by N2.00 to close at N51.00, First Bank of Nigeria (FBN) slipped by N1.85 to close at N38.10, Ecobank Transnational Incorporated (ETI) lost N1.76 to close at N47.92 while Dangote Sugar Refinery depreciated by N1.58 to close at N30.41.
Also, Union Bank of Nigeria (UBN) dropped by N1.48 to close at N35.32, Platinum Habib shed N1.39 to close at N26.46, Costain (WA) fell by N1.36 to close at N25.92 while Guaranty Trust Bank (GTBank) and Oceanic Bank lost N1.28 per share to close at N24.41 respectively.
On the other hand, eighteen stocks appreciated in price with Mobil Oil Nigeria gained N9.37 to close at N196.87. Guinness Nigeria came second with a gain of N1.80 to close at N130.00, Eterna Plc added N1.66 to close at N34.92 and Presco Plc grew by N1.39 to close at N29.39.
Also, Dangote Flour was up by N1.36 to close at N29.05, Longman Nigeria gained N1.20 to close at 25.20, Afribank Nigeria appreciated by N1.10 to close at N25.30, Access Bank rose by 89 kobo to close at N18.69 while Berger Paints climbed up by 67 kobo to close at N14.08.
Analysis of transactions on the Nigerian Stock Exchange (NSE) showed the insurance sub-sector as the most active leading with a total turnover of 724.15 million shares valued at N1.47 billion in 3,357deals, banking sub-sector came second with a turnover 142.11 million shares worth N3.16 billion exchanged in 6,865 transactions, construction sub-sector followed with a turnover of 10.59 million shares valued at N290.35 million in 701deals and conglomerates sub-sector ranked fourth with a turnover of 7.80 million shares worth N68.68 million 439deals.
Food/beverages and tobacco sub-sector recorded a turnover of 7.18 million shares valued at N170.77 million in 970 transactions, airline services sub-sector had a turnover of 5.99 million shares worth N25.80 million in 271 deals while agriculture/agro-allied sub-sector came behind with a turnover of 3.56million shares valued at N86.60million in 187 deals.

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Fate of Nigerian Stock Broking Firms

2008-06-18T14:58:00.001-07:00

As the December deadline of the one billion naira capitalization stipulated by the Nigerian stock exchange commission draws near, many Nigerian stock broking firms are embarking private placement to source additional funds from specific members of the public. The Nigerian stock exchange has foreclosed listing of any dealing members as a quoted company on the Nigerian exchange.
This is raising chills over and fears that many of the Nigerian stock broking firms might get booted out of business due to their inability to meet up with the given deadline date. Already the Nigerian federal ministry of finance is insisting that there is no going back on the recapitalization and the deadline given. The Director-General of the Nigerian Stock Exchange, Prof. Ndi Okereke Onyuike, has criticized the move, saying that it wont be proper for Nigerian broking firms who trade on stocks to get listed and also trade on their shares. She went on to suggest that rather, these firms should raise money from the public and establish corporate establishments using different names that would be forwarded to Nigerian stock exchange for council. She also disclosed her fear on the fate of brokerage firms that deal on small investors, as this will cause their closure since the Nigerian federal ministry of finance has an aim of reducing the about 208 brokerage firms to 100. The Director-General noted that no company will be forced by the Nigerian stock exchange to merge or acquire another company as was the case in the banking sector. But she warned that companies that does not meet the deadline as stipulated by the ministry of finance will have her license revoked.

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CBN lists conditions for foreign investors in banking industry

2008-06-17T15:29:00.001-07:00

The Central Bank of Nigeria (CBN), has emphasized that foreign investors will not be exempted from complying with the Federal Government’s policy on N25 billion minimum capital for any bank operating in Nigeria.
Mr. Festus Odoko, head of corporate affairs, CBN, said yesterday that foreign investors are fully permitted to invest in existing Nigerian banks provided they meet the minimum capital requirement and other regulatory conditions for procuring a banking licence as stipulated by the apex bank.
According to the CBN, any foreign individuals or institutional investors could also invest in existing Nigerian banks.
However, Odoko noted that there is a condition that no single foreign individual or institutional investor should acquire more than the share of the single largest Nigerian individual/institutional investor in any bank. The condition remains, provided the aggregate shareholding of the foreign investors do not exceed 10 per cent of the total capital of the bank.
Mr. Alderman Lewis, the Lord Mayor of London, was quoted during his recent visit to Nigeria, as saying that the Nigerian government is not opening up its banking system to foreign competition.
The CBN said there is need to explain the position of government following the comments credited to the United Kingdom representative. Under the present condition for operation in the country’s banking system, the apex bank states that foreign banks could acquire or merge with a local bank existing in Nigeria.
Such a foreign bank, according to CBN’s policy, however, must have operated in Nigeria for at least five years and established branches in at least 2/3 of states of Nigeria excluding the state capital.
The CBN equally stipulates that the foreign bank or investors’ shareholding arising from the merger or acquisition of a local bank does not exceed 40 percent of the total capital of the resultant entity.
The apex bank clarified that existing shareholding structure of Nigerian banks in which there are foreign interests in excess of 10 per cent might subsist but such foreign interest should not exceed the current level.

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PENNY STOCKS

2008-06-15T19:39:00.001-07:00

Penny stocks are low priced speculative securities of small companies regardless of market capitalization. Penny stocks are also referred to as microcap stocks, small stocks or nano stocks. Most new securities currently in the Nigerian stock exchange were one time penny stocks before market capitalization changed all that.
Several Nigerian investors get attracted to penny stocks since these stocks are priced low. However, financial experts consider penny stocks as high risk investments. They can create enormous amount of wealth within short time and can also result in heavy losses within days. But isn’t that what business is all about, the higher the risk the more the profit. Penny stocks have the potential to get doubled or tripled within days or weeks. And since they are in low denominations, with a few thousands, you can turn to a millionaire. But remember, apart from this, there are other risks involved including limited liquidity, high degree of volatility, lack of reporting and increased vulnerability to manipulation by management and market makers.
So if you want to try out you 2008 blessing you got since 1st jan that you haven’t seem to experience yet. Check out these little meager stock at our updated stock quotation. But remember, they are quite risky. So be mindful of how much you put in, don’t let the get rich quick syndrome get the better part of you.

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Kinds of Nigerian Stocks

2008-06-11T16:10:00.001-07:00

Blue Chip Stocks:
Consists of the oldest continuously profitable companies that are more than 100 years old. They have the lowest risk and lowest gains.
Growth Stocks:
They are those stocks that are expected to have superior earnings. They usually don’t pay dividends because they reinvest their earnings for growth. Their share price can increase dramatically while in their growth stage. When they have a setback for some reason, their price can also go down dramatically. You must be ready for these possible price fluctuations.
Speculative Stocks:
A stock is considered speculative when the chance of losing you money is small. And at the same time the chances of making a fortune is equally small. This happens when a company that has little or no financial history comes to the open market. There are no available data analyze them

Nigeria stock exchange investing

2008-06-10T10:03:00.000-07:00

Nigeria Stock Exchange Investing

Have you ever heard of sit down and earn, even while almost everybody isn’t, yes it still works. Well since the inception of Nigerian Stock Exchange, you can do that here in Nigeria. With a little cash and the right knowledge, your financial future can be guaranteed.

Stock marketing in Nigeria can be a great source of confusion for so many people. But be patient, I will explain all the secret details of the Nigerian Stock Exchange.

Business is the cornerstone of every economy. Almost every large corporation in Nigeria started out as a small, side job operation and through growth, became financial giants. These so called fortune 500 companies didn’t start as giants, they simply grew. How did these small companies grow from tiny, hometown enterprises to members of the largest businesses in the Nigerian economy? They raised capital by selling stock in themselves in the floors of the Nigerian Stock Exchange.

We will show you the secrets of stock marketing in Nigeria, the risks involved in Nigerian stock marketing and the unbelievable gains of Nigerian stock marketing.

Every business has its hurdles, so does stock marketing. We won’t promise you a gold mine, but we assure you of a mine, dig well and you will find gold. The type of gold only stock marketing can guarantee.

Why Invest

Tune in to any Nigerian radio or Television station, all we hear is the voice of our pensioners demonstrating and threatening the Nigerian government for their long outstanding unpaid gratuities. Many have died during the long course of wait for your gratuity. But unfortunately, poverty does not have respect for your intellectual capabilities that is not featured towards financial security.

Those who could gaze into the future before now rather than grow up as sacked staff employees depending on trade union to fight their cause are attending Annual General Meetings (AGM) of reputable Nigerian companies where they sowed for their financial freedom.

The best option is to save for the future, but it is not good enough for financial empowerment until your savings are multiplied at a rate above inflationary growth of the Nigerian economy.

Nigeria Stock Exchange : Investment

2008-06-09T15:37:00.000-07:00

Investment

Are you tired of living from paycheck to paycheck and would like to start investing. Are you still wondering since you only have a tiny amount of money to start, what will be the best way to get our feet wet.Then you can continue to read on because you are already on the right track.
The need for investment can be triggered by so many factors.Investment, spending or setting aside money for future financial gain. For an individual, investment might include the purchase of financial assets, such as stocks, bonds, mutual funds, or life insurance. Investment can also include the purchase of durable goods, such as housing or a car. For an economist, investment refers to the increase in real capital in an economy, such as an increase in factories and machinery, or in its human capital—that is, a skilled and educated labor force.
But always have something in mind, there’s no risk free investment. No. no such thing, because even the safest investments, such as bank savings accounts, come with the risk of bank failure or the risk of not earning enough interest to keep up with the rate of inflation. But some investments are much safer than others. FDIC-insured bank savings accounts and bank certificates of deposit (known as CDs) are protected up to $100,000. Mutual fund money market accounts, although not insured, are also safe and pay higher rates than bank accounts.

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