The inflation rate for December is now 9.6%….up from 9.5% in November. How should an investor view this? Well it means any investment you make should give you a return in equal to or in excess of 9.6% , that… Continue Reading
some targets for 2016 1. educate yourself on how money works…..read about money, investing, budgets etc etc. 2. calculate how much cash you have to pay bills if you lose your job, get a figure in days/months. Have a plan… Continue Reading
So let me explain the chart below Chile is Capitalist ie free markets; target is equal opportunity for all Venezuela is Socialist ie government controlled markets; target is equal outcomes for all. Chile once poorer is now richer than Venezuela…Venezuela has… Continue Reading
Nigeria and Saudi Arabia are both oil economies, both get more than 80% of their Foreign Exchange earnings from one commodity Crude Oil…. both have been hit hard by falling oil prices, both have significant record budget deficits, (Saudi Arabia… Continue Reading
The inflation rate for December is now 9.6%….up from 9.5% in November. How should an investor view this? Well it means any investment you make should give you a return in equal to or in excess of 9.6% , that… Continue Reading
Lets speak this week on bank loans, So in starting a business, you can finance your operations with debt or/and equity. Both have advantages and disadvantages Debt means you pay interest, equity means you lose sole control. In many business… Continue Reading
When I read “climate change”…I don’t see polar ice caps melting and deserts growing, I see the economics of it. To do climate change, is in essence to reduce or cap carbon emissions and boost renewables such as solar and… Continue Reading
In January 2012, President Goodluck Ebele Jonathan removed the subsidy on Petrol, what this translated to was an increase in the retail price of petrol at the pumps. Is there a subsidy? Yes there is, Nigerian refineries cannot refine enough… Continue Reading
The CBN this week cut the Monetary Policy Rate or MPR this week from 13% to 11%, this was the first rate cut in nearly 6 years. The MPR is the rate at which the Central Bank of Nigeria lends… Continue Reading
