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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Marketing Professional Services

Marketing Professional Services

In today’s part of the marketing series we will focus attention on how to market a professional services company.

Dynamics of Insurance Business: The Nigeria experience

Dynamics of Insurance Business: The Nigeria experience

By Ikuomola Adebisi   Insurance, like other sub-sectors in the financial ecosystem, was birthed to create a mechanism where the burden of one person or a nation will be borne by another (the insurers) through payment of compensation upon the happening of the insured’s event subject to fulfilment of premium obligation by the customer. The […]

Nigerian Pension Industry – A journey with definite destination

Nigerian Pension Industry – A journey with definite destination

Globally, matters pertaining to taking care of retired and aged citizens are of great concern to government. The concerns bother majorly on the non-availability of funds to pay the aged citizens who worked for the government, resulting in huge pension liabilities. The schemes in Nigeria prior to the commencement of the Pension reform were Pay As You Go and Defined Benefit in the public sector and Provident Fund/Nigeria Social Insurance Trust Fund (NSITF) for the private sector. Whilst a few private organisations have some forms of exit benefits, these were not sustainable pension arrangements as they do not provide for savings to cater for the employees’ livelihood during old age.

Managing risk  associated  with capital  market investment

Managing risk associated with capital market investment

The capital market is, generally, regarded as a safe haven for investment. There, your money works for you. The market is a setting for income without stress. Smart and daring speculators can make fortunes there and can also lose a fortune through poor judgement.

Investing During a Recession

Investing During a Recession

Recession has in the last few years become something of a buzz word in Nigeria to describe the harsh economic conditions in the country and its resultant effect on the income, spending power and businesses of the people.

Investors await Trumpet for  derivative trading

Investors await Trumpet for derivative trading

Capacity building is one of the statutory functions of the Chartered Institute of Stockbrokers (CIS), even as the high-profile Institute is on a definitive journey towards changing its name to reflect the wider duties of stockbrokers. With the Theme: “ Derivative Markets, Instruments and Contracts”, the Institute held a two-day successful virtual training on Wednesday, February 24 and Thursday, February 25.

Grace Agada Creating Solid Wealth

Grace Agada Creating Solid Wealth

One of the best things you can do in your financial life is to transfer your source of livelihood from active to passive income. Active income is any income that requires ongoing work and your physical presence to thrive. Passive income is income that can thrive without your physical presence at work on it.

Banking industry report shows mixed development

Banking industry report shows mixed development

• Liquidity ratio improves, money supply expands • Capital adequacy declines, bad loans increases • CBN chiefs say all is well with slight warnings By Emeka Anaeto, Business Editor   The Central Bank of Nigeria, CBN, staff report has indicated that the banking industry ended 2020 in a mixed performance. But members of the apex […]

Beyond CBN’s Restructuring of Nigeria Commodity Exchange

Beyond CBN’s Restructuring of Nigeria Commodity Exchange

By Sola Oni On Tuesday, January 26, 2021, the Governor of Central Bank of Nigeria (CBN) , Mr Godwin Emefiele addressed the first  press conference in the year where he unfolded the decision of the Monetary Policy Committee (MPC) on the  rates that will drive operations in the money market.  Expectedly, all the key indicators were retained. […]

Role of Insurance in the 2nd Wave COVID-19 and Recessions

Role of Insurance in the 2nd Wave COVID-19 and Recessions

By Adebisi Ikuomola   Insurance has always been seen as a business that exists for continuous sustainability of other businesses. That said, the impact of COVID-19 which affected virtually every sector of the economy has defied economic projections and permutations. The world economic outlook was projected at 4.9 per cent in 2020, whilst global growth forecast […]

Top 3 Strategies for Start-up Success in 2021

Top 3 Strategies for Start-up Success in 2021

By Uju Obuekwe   At this time it’s still not too late to strategise or re-strategise for 2021 business year, let’s talk about that now. Let’s say you are a very talented chef, teacher or tailor and so you decide you want to start your own business and be your own boss. You may not […]

Making Your Life Work As Planned This Year

Making Your Life Work As Planned This Year

By Grace Agada One of the biggest financial dilemmas for many people living in the world today is that there is a big gap between what they plan to do each year, and the results they achieve at the end of the year. The reason for this gap is that there are certain factors that […]

Investment Risks: What Nigerian investors must watch out for

Investment Risks: What Nigerian investors must watch out for

Nearly every investment instrument in the world has some level of risk associated with it – some are less risky than others like mutual funds, while some instruments like derivatives carry very high-risk elements – which make them only suitable for experienced investors or speculators. One cannot simply make an investment without considering the risk […]