I was watching The Platform on independence day(Nigeria’s independence day is October 1) ,and was happy to see the transition in this year’s lineup. Young leaders in their various fields took to the stage to educate and inspire Nigerians on what they felt to be the most pressing issues we as a nation face […]
Getting Familiar With Bond Investing
“My mom took her money, she bought me bonds. That was the sweetest thing of all time “-Jay-z (Legacy) Last week, I was having a chat with a portfolio manager about investing, when he asked me […]
Let’s talk about retirement
Working towards retirement is deciding in advance all aspects of your life after paid work ends. This include lifestyle choices such as how to spend time in retirement, where to live, when to completely quit working, your finances etc. Common reasons people fail to achieve retirement goals include procrastination, overspending. dipping into retirement funds prematurely, […]
Why another global downturn will come
The impact of the financial downturn of 2008-09 was felt throughout the world. The US government and regulators failed to regulate the US financial system. Institutions, individuals and regulators took on way too much financial risk. The meltdown could be attributed to a mix of people not knowing what was happening and poor ethics. Fast […]
To win at investing, think what you can stand to lose
“ A fool and his money are soon parted. -Thomas Tusser“ Imagine this situation: You invest a sum of ₦500,000 in the stock market. One month passes by, and the value of the investment declines to ₦480,000. Do you pull the rest of of your money out? Okay you choose not to. The next […]
The one thing you should know about GDP
Nigeria has been trending in the news after releasing its 2nd quarter of 2018 (Q2-2018) Gross Domestic Product (GDP) results. As reporters and analysts continue to discuss expectations, for the third and fourth quarter of the year, as well as corresponding impacts on the economy and its various sectors, I thought it a good opportunity […]
Demographic changes and the Nigerian Economy
The world population doubled exponentially over the past 50 years. Figures from the United Nations suggest that by 2050, world population would have risen to 9.8 billion people from the current level of 7.7 billion people in 2018. By the year 2100, the population would have risen to 11 billion people. These are staggering […]
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