Personal Finance, Investment and Money Management

Financial Windfall

Whistle Blowing & Windfalls

Whistle Blowing & Windfalls Earlier this year, the Federal Government announced a Whistle Blowing policy, which offers a maximum of five percent financial reward to any whistle blower whose information leads to recovery ‎of looted funds obtained through fraudulent means. The programme is designed to encourage anyone with information about a violation of financial regulations,…

“I DON'T EARN ENOUGH TO SAVE!”

“I Don’t Earn Enough To Save!”

31-year old Laitan Johnson has dreams and aspirations. There are goals that he wants to achieve such as renting an apartment, buying a car, and getting married next year; it seems almost impossible with his income of N125,000 a month. Naturally, when money is so tight, saving tends to be the last thing on your…

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,…

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

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