Success doesn’t come without discipline,determination and dedication. Just as the ‘Rich’ would say; “Lack of money is the root of all evil”. The pursuit of success driven by passion for excellence in every area (which can be financially, morally, career-wise and so on) is what sets aside the successful ones. Let’s now take a look at what successful people do financially and how they go about doing it. There are essentially 2 ways of boosting savings and investments: Increase your income and cut your spending. Whether you’re a young adult ready to start saving for retirement, a 50-something ready to pay...
Micro-Investing Platforms
Our micro-investing platforms is an account that allows users to regularly save small amounts of money. This is to encourage people to invest even if they have limited incomes and asset. We have made investing simple and painless, which can help those who wouldn’t accumulate savings for future investment. Here is how it works; You will be contacted upon registration and a breakdown of how it works will be communicated to you You sign up for an account with the platform and register your details by clicking on the “Here is how it works” Even for people who save regularly, our...
Savings Account Tips
Save and earn highly competitive interest monthly. Our savings account lets you save towards various goals including your emergency fund with the peace of mind that comes from knowing you are ready for the unexpected. This savings can be for impending expenses, we have setup our accounts in such a way that it will meet your every need. Some of these accounts include; Festive account: You can save towards any celebration/Festivity. Education account: Are you looking to further your primary/tertiary studies abroad or Nigeria?. This account is perfect for you. We have counseling committees that are ready to assist you...
Lavender Quick-loan
From time to time in life and business,we find ourselves needing a little or a lot more money than we have to meet certain pressing financial goals. At Lavender Micro finance Bank our loan offerings provide a fall-back position to secure the funds you need. We have provided a structured credit to meet running costs or lump sum funds for your more audacious plans, our loans will enable you get to the next level. Get your loan within the next few days of application. Contact our credit officer directly on 07062813760
The next economic downturn is what ‘scares me the most,’ Bridgewater’s billionaire founder Ray Dalio says
The next downturn in global growth is a daunting prospect for financial markets, according to the billionaire founder of the world’s largest hedge fund. His comments come at a time when investors are increasingly concerned about a serious global economic slowdown, with a long-running U.S.-Sino trade war souring business and consumer sentiment.“What scares me the most longer term is that we have limitations to monetary policy — which is our most valuable tool” Bridgewater Associates’ Ray Dalio said during a panel discussion at the World Economic Forum (WEF) in Davos on tuesday. “So, the next downturn in the economy worries...
Eddie Lampert submits new bid of roughly $5 billion in last-ditch effort to save Sears from total liquidation
Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, according to a person familiar with the matter. This latest attempt comes one day after Lampert’s initial $4.4 billion bid to save Sears was rejected by the company. It faced a number of challenges, including being short of covering Sears’ administrative expenses, making it “administratively insolvent.” As part of the new bid, Lampert will assume tax and vendor bills incurred since Sears’ October bankruptcy, the person said. As with its previous bid, it will aim to keep...
Dow set to drop 200 points amid US-China trade talks, tech shares rises.
U.S. Stock Index futures were higher on Tuesday, with market participants cautiously optimistic Washington and Beijing could be on the verge of a trade deal. At around 7 a.m. ET, Dow Jones Industrial Average futures indicated a gain of 200 points at the open. Futures on the S & P and Nasdaq 100 were also relatively upbeat. Shares of tech giants like Facebook, Amazon, Netflix and Google-parent Alphabet all rose before the bell. Apple’s stock also traded 0.5 percent higher. On Monday, the Dow closed almost 100 points higher, extending a recent recovery on Wall Street. The S&P and Nasdaq...
Eli Lilly set to buy Loxo Oncology for about $8 billion in cancer bet
Eli Lilly said on Monday, it would buy Loxo Oncology for about $8 billion dollars in cash, buying into a portfolio of targeted medicines to treat cancers. The offer of $235 per share in cash represents a premium of about 68 percent to Loxo’s Friday close. Loxo’s shares surged 32.8 percent to $185.70 in light trading before the bell, while those of Lilly dropped 2.7 percent to $111.60.
Dow futures move higher as US-China trade talks continues
U.S stock index futures were slightly higher on Monday morning, after stronger-than anticipated jobs data and a dovish turn from the Federal Reserve helped to reduce concerns of a possible economic slow down. At around 4:00 a.m. ET, Dow Jones Industrial Average futures rose 43 points, indicating a positive open of more than 31 points. Futures on the S&P and Nasdaq were also relatively upbeat. Market sentiment is largely attuned to trade talks between Chinese officials and their U.S. counterparts early this week. On the data front, ISM non-manufacturing figures for December are expected to be released at around 10:00...
Season’s Greetings
Season’s Greetings to you all. We want to use this opportunity to wish all our customers a prosperous new year ahead starting from all the farmers banking with us, We greet you for all your handiwork for providing food on our table because without you we can’t have the zeal to move on with our daily activities, there is a saying; “FOOD IS LIFE”, We greet you all thank you. To our Teachers and Lecturers, we want to also wish you a prosperous new year because without you there cannot be a future of tomorrow, in your hands lies our...