Neobanks are taking the market for digital banking by storm. These banks operate online only and are substituting traditional banks with lower costs, better technology, and a more seamless experience. But why is there a growing momentum toward neobanks? Let’s find out more. What Is A Neobank? Neobanks refer to Continue Reading
Negative Interest Rate Environment
Negative interest rates represent a significant departure from conventional monetary policy, typically characterized by positive nominal interest rates. In a negative interest rate environment, central banks set their benchmark interest rates below zero, compelling financial institutions to pay rather than earn interest on the reserves they hold with the central Continue Reading
How to Start a Bee Farm With ₦50k: 3 Tools Nigerians Make From Scrap Metal
Starting a bee farm can seem like a daunting task, especially with financial limitations. However, with the right mindset and creativity, you can embark on this rewarding journey with as little as ₦50,000. In Nigeria, where beekeeping is increasingly gaining traction, many entrepreneurs are opting for innovative solutions, such as Continue Reading
Multiple
Multiple is a term widely used in the field of finance, particularly in valuation, investment analysis, and corporate finance. It serves as a crucial metric for comparing the value of different companies, assessing their performance, and making informed investment decisions. Understanding multiples is essential for investors, analysts, and corporate managers Continue Reading
What Is a Multinational Corporation?
Multinational corporations (MNCs) play a critical role in the global economy, influencing trade, investment, and employment across borders. These entities operate in multiple countries, leveraging their resources to optimize production, reduce costs, and access new markets. Understanding what defines a multinational corporation requires a closer look at their characteristics, operational Continue Reading
Negative Interest Rate
Negative interest rates represent a radical shift in monetary policy, where central banks set nominal interest rates below zero. This unconventional approach has garnered increased attention, particularly in the wake of economic crises that have prompted central banks worldwide to explore innovative strategies for stimulating growth and managing inflation. Understanding Continue Reading
The 7-Figure Hen Business: How to Sell Eggs for ₦200 Each in Port Harcourt
In the bustling city of Port Harcourt, the poultry business has emerged as a lucrative venture, especially when it comes to selling eggs. With a growing population and increasing demand for fresh produce, setting up a hen business that generates a seven-figure income is not just a dream; it’s a Continue Reading
How to Export Bitter Leaf to Europe: A Nnewi Woman’s ₦10M/month Blueprint
Exporting bitter leaf from Nigeria to Europe is not just a business venture; it’s a lifeline for many, especially for women in Nnewi who are tapping into the lucrative global market. Bitter leaf, known for its medicinal properties and culinary uses, has gained popularity in Europe, where the Nigerian diaspora Continue Reading
The Secret Fertilizer Mix Doubling Yam Harvests in Kaduna (No Chemistry Degree Needed!)
The yam, an essential staple in many parts of Nigeria, holds a significant cultural and economic value, especially in Kaduna. Yet, the challenge of maximizing yam harvests often leaves many farmers seeking solutions. Thankfully, there’s a little-known fertilizer mix that has been proving effective in doubling yam yields, and the Continue Reading
How to Get CBN’s Cheap Loan for Rice Farming (2025 Step-by-Step Guide)
In the world of agriculture, rice farming stands out as both a time-honored tradition and a critical component of food security, especially in regions dependent on this staple crop. With the ever-growing demand for rice, the Nigerian government, through the Central Bank of Nigeria (CBN), has initiated programs to support Continue Reading