@AskMichaelTaiwo I'm interested. It would be a huge step for me as I'm working on becoming financially stable knowing that I have an investment I can build on. I'd be really grateful for this opportunity sir.
iPhone XR to iPhone 17, Nigeria's crisis of self-esteem
#ICYMI From iPhone 17 replicas to car model “upgrades,” Nigeria's infamous "I-better-pass-my-neighbour" cultural meme has graduated from simple nuisance to driver of real economic jeopardy.
Fuelled by a debilitating societal inferiority complex and high levels of extreme poverty, a new trend of disturbingly obsessive brand awareness has created a booming "insecurity economy," characterised by after-market smartphone design modification, "car model upgrade" body kit installation, Indian temple hair importation, and many other dodgy activities built exclusively around exploiting the insecurities of 230 million poor people.
Already a struggling, sub-industrialised economy with IMF-imposed economic austerity, Nigeria has now become an economic opportunity for unscrupulous suppliers in industrialised countries, as Nigerians haemorrhage their money on a desperate quest to signal imaginary status to one another.
It’s time for a cultural shift. Scientific education, economic empowerment and spiritual awakening must displace obsessive, spiritually bankrupt, low-level consumerism. If this will be Africa's century, the continent needs its most populous country to break free from this psychological trap.
The best thing that happened in your lifetime is a story almost nobody tells.
In 1990, around 2.3 billion people lived in extreme poverty. Today, that number is about 831 million.
Roughly 1.5 billion human beings climbed out of the worst poverty on earth in a single generation.
That is about 118,000 people, every single day, for 35 years.
The share of humanity in extreme poverty fell from 38 percent to under 9.
No war was won this decisively. No disease beaten this fast.
It happened through unglamorous things. Trade. Electricity. Vaccines. Phones. Markets opening. Ordinary people getting a fair shot at building.
The job is not finished. Progress has slowed, and the last stretch, much of it in Africa, will be the hardest.
But do not let anyone tell you the world only gets worse.
By the biggest measure that matters, how many humans live in dignity, the last generation was the greatest success story in history.
We know it can be done. We have the receipts.
The smartest money you will ever spend buys you nothing you can show off.
Health insurance. An emergency fund. A will. A spare tyre you hope never to use.
None of it looks impressive on Instagram.
All of it lets you sleep at night.
Broke is not only having no money. It is being one emergency away from disaster, and knowing it.
Wealth, quietly, is the opposite. It is the boring buffer that turns a catastrophe into a mere inconvenience.
Buy the insurance. Build the fund. Write the boring document.
You are not buying things.
You are buying the ability to face a bad day without it becoming a bad decade.
I’m convinced that the key to life is having low expectations and high standards. Low expectations for things outside your control. High standards for things within it. The recipe for a good life.
Your reputation is a currency you spend without noticing and cannot print on demand. It is built in tiny deposits. Showing up when you said you would. Telling the truth when a lie was easier. Doing the work when nobody checked.
For years it seems to earn nothing. Then one day a door opens in a room you were never in, because your name walked in ahead of you.
Skill gets you noticed. Character gets you trusted, and trust is what money actually chases. Guard the small promises. They are the whole thing. People forget what you achieved long before they forget how you made them feel.
Mrs Elohor Aiboni is the new Country Chair of Shell Companies in Nigeria.
She studied Chemical Engineering in UNIBEN and graduated in 1999, before joining Shell in 2002, rising through the ranks to now become #1 person in Shell Nigeria, first female to rise to that position.
Say yes to almost everything early, when you are still finding out what you are good at.
Then say no to almost everything once you have found the thing worth committing to. Youth is for range. Mastery is for focus. Confusing the two quietly wastes both.
Major cheat code for life: Make peace with being unimpressive to the outside world. Drive the normal car. Wear the simple clothes. Live below your means. Stay in the committed relationship. The ability to look ordinary while building an extraordinary life is wildly underrated.
Underrated life advice: Have a place where you go to think. A porch. A trail. A coffee shop. A park bench. Somewhere your mind knows it's time to slow down. Most people spend their lives searching for answers. Few create the conditions for answers to appear.
In the spirit of Children’s day
How to make your children millionaires in dollars by the age of 30 without starting a business.
1.) Invest a deposit of $2,000
2.) Invest $300 monthly in an ETF that averages 12% in the long run
3.) Automate the amount monthly
4.) Stop contributing once they turn 18
5.) Take your hands off and do nothing. Wait for another 12 years
6.) On their 30th birthday they become a millionaire in Dollars
The most fascinating thing about this is that only $66,800 was contributed. And over $955,000 earned in interest.
This is just an illustration, you can choose an amount you can afford. It could be $50 or even less. But pls start putting something away for them.
To get more detailed answers all you have to do is save and invest on Ladda https://t.co/aPIoTbdPDx and get FREE financial literacy/advisory
Sometimes, waiting is better if you don't know what to do. Please resist the urge to do something with money immediately after you get it. Figure out how to keep getting it before you start thinking of multiplying it. Most wealthy people don't gamble; priority one is more income.
The first time I made a lot of money, I thought the best thing to do was reinvest it in making more money. I invested it back into the things I was working on because I felt that being in control of my fate was better. I lost everything on stupid projects—youthful stupidity.