The word Ponzi is now synonymous with fraud, especially financial fraud. Its important investors do very basic scoring of financial offers they receive or are considering. What is a Ponzi Scheme? A Ponzi scheme is a fraudulent investment scheme that offers high interest but pays this interest by taking the deposits of new investors to …
This week let us talk about Stock Options. What are Stock Options? To understand what a Stock Option means, you must first understand the words “stock” and “Option”. What is a Stock? A stock represents a share of ownership in a company. Every company, public or private, has an owner(s) or shareholders who have been …
The Basics, Income & Expenses April is Financial Literacy Month The National Financial Educators Council (NFEC) defines financial literacy as “possessing the skills & knowledge on financial matters to confidently take effective action that best fulfills an individual’s personal, family & global community goals.” keywords? “Take Effective Action”. This week I want to talk about …
What’s the yield curve? Why is it important? What does it mean? The US Treasury yields inverted; it was all over the news, but why? A yield curve represents yields of fixed-income instruments across various maturities. It plots the yield on issued treasury securities. Treasury securities are bonds or Treasury Bills issued by the government …
On Tuesday, 22nd of March, President Buhari commissioned the Dangote Fertilizer plant in Lagos, Nigeria. It’s a big deal. Built for $2.5b, according to the Group Executive Director of Dangote Industries Limited Devakumar Edwin, Nigeria has an annual demand of 1 million tons of fertilizer, and this plant can produce 3 million tons. So this …
How the world has changed in just a few months. In November, the world gathered in Glasgow Scotland to ‘secure global net-zero by mid-century”. Net-zero means total emissions are equal to or less than the emissions removed from the environment. To do this, there would have to be many actions, including a “phaseout of coal”. …
