Tag: Finance

“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 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…

#LMEvent2016 - Your Finance and You; Fostering Financial Success

#LMEvent2016 – Your Finance and You; Fostering Financial Success

There’s a low key general notion that family financial matters belong to the husbands, but we differ on this notion. This was what one of our guest speakers at our 3rd Annual LagosMums Parenting and Networking Event #LMEvent2016, last year December, 2016; Rolayo Akhigbe explained! In her words “Life can be unpredictable and so women must face the reality…

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…

Who Will Take Over 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? In most family controlled businesses, there comes a time…

money

Money Mindset

What do you think of when you hear “rich woman”? There’s really no need “beefing” that woman who just has so much money…or like we call them “money miss road” women. Believe me, it’s not worth it envying that other woman with tons of cash to spend away. You might have even said to yourself…she…

2016 Adapting To The New ‘Normal’

The much awaited 2016 has begun and so has the inevitable belt tightening. With the exchange rate hovering around N300 for 1 US Dollar and crude oil at $30 per barrel, no one needs to be told to review their personal expenditure and look for ways to create additional income. Adapting to The New ‘Normal’…

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

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