Personal Finance, Investment and Money Management

Post-Recession: “Too Early to Cheer”

Post-Recession: “Too Early to Cheer”

According to the recent GDP report released by The National Bureau of Statistics (NBS), the economy recorded a positive growth after five consecutive quarters of contractions since Q1 2016, signifying that Nigeria is technically out of recession. As the economy begins to emerge from recession,so too should consumer confidence in the market, which will lead…

Should You Lend Money To Friends?

Shakespeare’s Polonius offers the sage advice to his son Laertes in Hamlet; “Neither a borrower nor a lender be, for loan oft loses both itself and friend”. Consider this scenario: A friend calls you and needs to see you urgently. It can’t be discussed on the telephone; she must visit you personally. You oblige and…

How Are Your Teens Spending The Long Holidays

How Are Your Teens Spending The Long Holidays?

Are you fed up of coming home and finding your children either sleeping most of the day, or sitting exactly in the same spot where you left them in the morning, surfing the web, or chatting on their devices? How do you get them off the couch this holiday? Whilst it is important for children…

Should You Bring Your Children Into The Family Business?

Should You Bring Your Children Into The Family Business?

Family businesses are the backbone of any economy and Nigeria is no different. Indeed, family-owned businesses have long been part of Nigerian business life and history, yet so many of the prominent businesses in the early 50s and 60s are no more. What happened to them? Family businesses face unique challenges. In fact, statistics show…

Love and Money: Handling Awkward Conversations

Whether you are seeing someone, are in a serious committed relationship, are married, or remarried, money is one topic that will keep coming up either in conversation or certainly in your minds. Have you ever chatted about money, even occasionally? At a certain point in a relationship, it is clear that things are getting serious,…

Female Breadwinners and The Head of the Household

Economic realities have meant that most families must rely on more than one income to meet the family’s current needs and future aspirations including educating children, decent housing and a secure retirement. There has been the traditional premise that men were the breadwinners and women stayed home “in the kitchen,” or did not pursue a…

How To Survive The Recession in 5 Easy Steps

The economists have finally announced that Nigeria is officially in a recession! In reality, this is not news to most of us as we have been living with increased prices and reduced cash flows for a while already. Based on all the macro-economic indications and projections, the state of the economy is not likely to…

What is it about LagosMums? Being a Mum means that you are many things at the same time…

FOLLOW US ON