A report has shown that barely four days after the new naira notes were officially released by the Central Bank of Nigeria through the commercial banks, counterfeit notes also known as fake notes have already found their way into circulation. What does this mean for you as a hard working…

When it comes to financial planning, it is often plagued by several myths and misconceptions. This is primarily because there is good and not-so-good advice that you are constantly exposed to. Without proper guidance, you can find yourself making mistakes like confusing high income with wealth or equating your academic…

December stands out for several reasons because it offers many hardworking Nigerians an opportunity to spend quality time with friends and family particularly during the Christmas celebration. However, as exciting as the holiday season is, no one looks forward to having a nice time at the expense of ending up…

While most of us desire financial independence, not everyone understands how to get there. Do you? If you do, that’s fantastic because what this means is that you’re already on a steady path of financial freedom. However, if you’re still one of those people who confuse high income with wealth…

Many of us put a lot of effort into trying to live our best lives. We push to get a great job, spend time with those we care about, go on exciting outings, work towards buying cars we fancy and attend beautiful events. This is fine because we should be…

As part of its regulatory framework to improve financial atmosphere and give Nigerians an opportunity to access more money, lower interest rates and longer repayment periods, the Central Bank of Nigeria (CBN) has authorised financial institutions including Money in Minutes Finance Company to implement the Global Standing Instruction (GSI), which…

Not all loan applications are approved. In some cases, you might get a rejection. Don’t feel dejected or let this discourage you from applying for another loan. However, you should never rush into applying for another loan right after getting a rejection on your application. Rather, the first thing that…

Have you ever found yourself in a situation where a friend, a colleague or a member of your family is asking you for a loan? How did it go? Were you able to loan him/her the money? Did you get your money back? Are you still on good terms? If…

When working towards becoming or staying debt-free, you’ll need to take practical and realistic steps towards achieving your goals. For instance, you can’t possibly rely on a monthly income of N80,000 to offset a loan of N500,000 in a space of 6 months and this is mostly because it isn’t…