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Blog - Mainstreet Capital

07-05-2021

How to Get Out of Debt in Nigeria

The first thing to remember when wrangling with liabilities is that there isn’t a guaranteed best way to get out of debt. How fast you can get out of debt depends on the size of your liabilities, their interest rates, your income, and your debt repayment strategy. One certain thing is that you’ll have to […]

Onose Enaholo
28-04-2021

Safety in the digital space: an analysis on fraud

While you no longer have to physically be at your bank to make payments or shop at your favourite online stores, what risks do you reckon this digital comfort holds for your online security? With the increasing ease technology brings to our daily lives also comes a myriad of imminent digital threats for every time we […]

Kaeto
02-12-2020

Retiring early in Nigeria 

Retiring Early in Nigeria When you think retirement as a Nigerian, what comes to mind? Do you see a designated date where you just stop working and your pension immediately starts to roll in? Do you see it as a time where you finally don’t have to wake up at 4:00am to beat the tireless […]

Kaeto
09-09-2020

Understanding Compound Interest

Compound interest (or compounding interest) is interest calculated on the initial principal (Initial Investment) plus interest accrued in previous period. To think of it simply, a compound interest is interest on interest. When an investment is made and it generates interest, even more interest is incurred on the generated interest. However, banks work with Simple Interest. Simple interest is […]

Kaeto
07-08-2020

INVESTING IN NIGERIA (Series)- Bonds

Greetings from Mainstreet Cap HQ. This is the concluding post on the 4-part series, “Investing in Nigeria”. We have taken you on a journey exploring the meanings of each article and how these investment vehicles help turn a profit. Today, we talk about Bonds and extensively but simply cover what Bonds mean and how investors […]

Kaeto
05-08-2020

INVESTING IN NIGERIA (Series)- Money Market Funds

This is the third installment in our 5-part “Investing In Nigeria” series. The first was on “Mutual Funds” and the next “Stock“. Here at Mainstreet Capital, we began this series to get us all more aware of our investment options and get us to a point of financial freedom. Today, we will talk about Money […]

Kaeto