Introduction Many Nigerians can’t cover a ₦200,000 emergency without borrowing or selling something. That’s a staggering reality! Financial surprises—whether it’s a job…
This article contains: Why are we talking about this? The COVID-19 pandemic has had a major impact on individuals and families around…
Now, more than ever, we are reminded why having an emergency fund is important. You could lose your job, have a medical…
Actual stories of how Nigerians handled emergency funds in the face of a crisis. These are stories you can relate with, and learn from.
An emergency savings fund is designed to help you when faced with unpleasant financial surprises. Hence, one can define an emergency savings fund as the big brother you run to when there is a serious financial issue beyond immediate control. It is a stash of funds that must be built over time, and not one that is tampered with within short intervals.
Sola just got promoted to Banking Officer. Her salary? ₦1 million monthly. Her dream? To finally buy that Toyota Corolla she’s been…
“It’s not always black and white, really. But what I always try to keep in mind is this: if I don’t plan…
You’re ambitious. You’re navigating Nigeria’s vibrant energy and challenges in 2025, building a career, and dreaming of a secure financial future. But…
It’s often attributed to Albert Einstein, the idea that compound interest is the “eighth wonder of the world.” While the source might…
“The best investment you can make is in yourself. The second best is putting your money to work while you sleep.” —…
“In 2023 alone, Nigerians traded over $56 billion worth of cryptocurrency — despite the lack of clear legal backing.” Let that sink…
In 2020, ₦360 could buy one US dollar. By early 2025, it will take over ₦1,500, a staggering 300% depreciation in just…