Savings
Marketing
Savings
How to Earn Pounds on Your Naira Investments
Imagine walking through Balogun Market in Lagos. The sun is blazing, traders are busy haggling prices, and the one phrase you keep hearing is, "Dollar ti n ga!" (The dollar is rising!) Even Mama Chidinma, who sells fruits at her stall, knows when the dollar rate spikes, and she adjusts her prices accordingly because the dollar is a second currency in Nigeria. But amidst all the talk about the dollar, there’s another currency quietly holding its ground—one that's stronger and more stable: the British Pound.
Marketing
UK real estate
Is Now the Right Time to Buy a House in the UK? Weighing the Pros and Cons of a Stabilizing Market
The UK housing market has always been a point of interest for investors and homebuyers alike, including many Nigerians looking for opportunities abroad. The UK housing market has experienced significant changes in recent years, with the COVID-19 pandemic being a key driver of market fluctuations. After rapid price growth in the aftermath of the pandemic, the market has shown signs of stability, with moderate price increases expected in 2024.
Ujunwa Igwenagu
Newsletter
FX Volatility And How It Impacts Savings And Investment.
Adewale was saving to buy a new laptop worth ₦250,000 around December 2023. It was not in stock, so I added an extra ₦50,000 to cover potential fluctuations in the naira to the dollar exchange rate, especially since the Central Bank of Nigeria (CBN) allowed the naira to float after the new government took office. As the Naira-to-dollar exchange rate continued to drop, by May 5th, the laptop's price had risen to ₦400,000, and my savings were inadequate.
Marketing
Savings
Saving Hacks for Busy Nigerians: 5 Smart Strategies to Boost Your Savings Habit
Developing the habit of saving money is undeniably challenging, especially given the current economic landscape. Factors such as foreign exchange volatility and the constant struggle to meet immediate needs often overshadow the importance of saving for the future.
Marketing
Savings
Unexpected Expenses Don't Have to Wreck Your Wallet: Build your savings with PariVest.
Saving money is incredibly important, and it is wise to set aside funds for unexpected events. However, in the current economic climate, saving in a stable currency that protects your naira from devaluation and inflation should be considered.
Marketing
Financial Education
Financial Security vs. Independence vs. Freedom: Understanding Your Journey.
Have you ever wondered about the difference between financial security, independence, and freedom? While these terms might seem interchangeable, they represent distinct stages in your financial journey.