Serious NGX investors should know about this tool:
@assessworth
Research stocks.
Get recommendations.
Track your portfolio.
We spoke with the founder.
Watch 👇
https://t.co/cCGlGFfzFn
Day 160 of #365DayFinancialTermOfTheDay
🏥 What exactly is an HMO?
Many people hear “HMO” but don’t fully understand how it works until they need medical care.
An HMO helps individuals and families access healthcare through a network of approved hospitals, clinics, and healthcare providers for a fixed subscription fee.
Understanding your HMO could save you money, time, and stress during a medical emergency.
Watch today’s episode to learn more.
Day 161 of #365DayFinancialTermOfTheDay
Life Insurance is a policy that pays money to your loved ones when you pass away.
It helps protect your family’s financial future by replacing income, paying debts, funding education, and covering major expenses.
Protecting wealth is just as important as building it.
Day 159 of #365DayFinancialTermOfTheDay
An Insurance Broker works for YOU, not the insurance company.
Their job is to compare policies from multiple insurers and help you find the best coverage at the right price.
Think of them as your insurance shopping expert. 🛡️
#InsuranceBroker #Insurance #FinancialEducation
Prior to listing on the NGX, MTN Nigeria faced a staggering $5.2 billion fine for failing to deactivate 5.2 million unregistered SIM cards.
Let the math on that sink in:
$5.2 billion ÷ 5.2 million = $1,000 per unregistered SIM card. 🤯
A historic regulatory hammer that completely reshaped the Nigerian capital market.
Full story is live on the channel!
📺 https://t.co/cx7wLMQWm8
🎧 https://t.co/FNJiYy3Rzt
Day 156 of #365DayFinancialTermOfTheDay
Most drivers think they have “full coverage” until an accident happens.
Comprehensive Auto Insurance protects your vehicle from risks beyond collisions—like theft, fire, vandalism, floods, falling objects, and more.
Knowing the difference could save you thousands.
Watch today’s episode to learn more.
🚗 Day 155 of #365DayFinancialTermOfTheDay
Today’s term is Third Party Auto Insurance.
This is the minimum insurance legally required for vehicles in Nigeria.
It protects you against claims for damage or injury caused to other people, their vehicles, or property.
💡 Current mandatory premium: ₦15,000
If you’re paying significantly less, verify that your policy is genuine.
#Insurance #PersonalFinance #FinancialLiteracy #Investing #Nigeria
Day 151 of #365DayFinancialTermOfTheDay
Enterprise Value (EV)
A company’s share price doesn’t tell the whole story.
Enterprise Value reveals what it would actually cost to buy the entire company.
EV = Market Cap + Debt − Cash
That’s why many professional investors prefer EV over market capitalization alone.
Day 150 of #365DayFinancialTermOfTheDay
📈 What is Free Float?
Free Float is the portion of a company’s shares that are available for public trading.
It excludes shares held by:
• Founders
• Promoters
• Governments
• Strategic investors
Higher free float often means better liquidity and easier trading.
Day 149 of #365DayFinancialTermOfTheDay
BVPS (Book Value Per Share) shows the value of a company per share based on its net assets. 📊
If a company sold all assets and paid all debts, BVPS estimates what each shareholder could theoretically get.
One useful metric for value investors
Stay away from sports betting.
The stock market creates thousands of winners simultaneously.
Betting only produces one winner in a blue moon, the rest are losers.
Day 138 of #365DayFinancialTermOfTheDay
Most people trade time for money.
The wealthy focus on building systems and assets that generate money for them.
The Cash Flow Quadrant breaks income into 4 categories:
E — Employee
S — Self-Employed
B — Business Owner
I — Investor
Understanding this can completely change your financial journey.
Day 139 of #365DayFinancialTermOfTheDay 💰
The 4% Rule says you can withdraw 4% yearly from your investment portfolio during retirement without quickly running out of money.
Example:
If you need ₦4,000,000 yearly…
You may need roughly ₦100 million invested.
Simple idea. Powerful concept.
Day 140 of #365DayFinancialTermOfTheDay
THE SNOWBALL EFFECT ❄️💰
Small consistent actions may look insignificant today… but over time, they can create massive financial results.
Here’s why consistency matters in wealth building 👇