Vanguard Money Digest

How small businesses can adopt modern strategies, survive Nigerian market

How small businesses can adopt modern strategies, survive Nigerian market

In today's fast-paced business world, technology is changing the game for many businesses, and this is especially true for how businesses market and sell their products. Adapting to these changes is no longer a choice; it's a must for business survival and those who don't keep up are in danger of falling behind.
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Financial sector contributes N696bn to economy

Financial sector contributes N696bn to economy

Share of GDP rises to 3.35% By Babajide Komolafe Banks and other financial institutions excluding insurance, contributed N696.87 billion  to the nation’s real Gross Domestic Product, GDP,  in first quarter of 2021 (Q1’21), up by 3.35 per cent from N555.57 billion in the corresponding period of 2021 (Q1’21). The National Bureau of Statistics, NBS, report also […]

FOREX: Turnover falls for 2nd consecutive month

FOREX: Turnover falls for 2nd consecutive month

As Naira depreciates in I&E window By Elizabeth Adegbesan The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange market, forex, fell for the second consecutive month in May prompting a 50 kobo depreciation of the naira during the month. Vanguard Money Digest findings from the daily activities in the […]

Taking rich income into retirement

Taking rich income into retirement

There are only three kinds of life you can have at the end of your active career life. The first and most common is the low-quality life. You create this life when you retire to passive income that is less than the income that currently sustains you. The second is the Same Quality Life. You […]

MPR: We expect relative stability in financial sector, others in 2022 — VFD CEO

MPR: We expect relative stability in financial sector, others in 2022 — VFD CEO

MPR: We expect relative stability in financial sector, others in 2022 — VFD CEO The Group Managing Director/ CEO, VFD Group Plc, Mr. Nonso Okpala, in this interview with Vanguard’s MoneyDigest, speaks on the effect of CBN’s monetary policy on the economy, how COVID-19 pandemic has affected businesses in the country, economic outlook for 2022, […]

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