Over 100 articles on all aspects of Investing, including stocks, bonds, real estate, small and medium sized businesses as well as interviews and personal finance.
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FBN Heritage Fund -- Another bold step
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Recently, the First Bank of Nigeria, a foremost financial institution in Nigeria, through its subsidiary, FBN Capital, introduced a new baby into the market. The baby, FBN Heritage Fund, was conceived to take advantage of increasing growth in the capital market to help interested long-term investors achieve quality returns on their investment.
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In our maiden edition early this year, with the bulls loose in the market, we spoke with some top fund managers, analysts and market researchers on their most attractive stocks for the year. This we did knowing from experience that in a bull market fundamentals are often thrown overboard as speculators and momentum investors jostle for quick profits. The five stocks recommended by the fund managers we spoke to then have continued to post strong and impressive results. Of those five, two – WAPCO and Guinness – have again made it to this recent list.
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Buying Land Without Getting Scammed
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Buying land is an age-long traditional means of investment and increasing wealth. It stands as one of the surest ways of investing, and a foundation for wealth growth. It is also a major component of production without which no meaningful development can take place. With the growth in real estate activity has come a growth in real estate scams. To ensure a safe investment, there is need to be cautious to avoid losing money to scammers.
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Six Months Outlook for the Capital Market
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Over the last couple of months, the capital market has lost momentum, after a strong first two quarters of the year. The market has been bearish since the third quarter. The All Share Index dropped by over 2% in the third quarter. Should investors lose sleep over this or is it a superficial setback, the market trying to find its equilibrium? .
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Will Lagos Island Regain It's Lost Glory?
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Until the exodus to Victoria Island, Ikoyi, and now Lekki and its environs, Lagos Island business district was the major hub of commercial activity in Lagos and Nigeria. It, however, lost this estate to bad roads, insecurity, congestion and failing facilities. As a result the business elite moved, leaving behind the government establishments and those who due to very significant investment in the area could not afford to move.
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The Nigerian health care sector has remained largely underdeveloped, with growth over the years mostly sluggish. The sector is broadly classified into health care delivery and pharmaceutical sub-sectors. The health care delivery is further divided into primary, secondary, and tertiary health care. While we have only Ekocorp listed in the health care delivery sub-sector, we have seven in the pharmaceutical sub-sector.
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IBTC has this advert running of a very young probably 40 years or slightly above retiree, well-heeled, having a leisurely afternoon by the pool in his luscious home. He was going through the daily, with a cocktail on a stool beside him. Then suddenly he smiles. One could see contentment, bliss, good health, and above all financial security ooze from the smile.
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