The National Bureau of Statistics (NBS), in a report about poverty and inequality from September 2018 to October 2019, stated that about 40% of Nigerians live below Nigeria’s poverty line of ₦137,430 ($381.75) per year based on an exchange rate of NGN360/$1 as at early 2020. It said that represents 82.9 million people. The report …
Last week, we discussed the benefits of having a retirement plan. Retirement planning involves depriving yourself of some spending money now so you can have some spending money as a retired person. Would it not be a bummer to lower your spending money now and still be unable to …
Continue reading "MITIGATING THE THREATS TO RETIREMENT PLANNING"
The financial statements are useful to a wide range of users such as the company’s management, potential and existing investors, lenders, business rating agencies, customers, suppliers, employees, and several others. Each of these users view the financial statements from different perspectives for different reasons. There are multiple ways of analysing financial statements such as trend …
Continue reading "INTERPRETING FINANCIAL STATEMENTS (FINANCIAL RATIOS)"
Broadstreet Financial Review 