Ever lost money to a Ponzi scheme in Nigeria? I have. And so have many people I know. In fact, nearly everyone in Nigeria has a friend or family member who has lost money to Ponzi schemes. You may think this isn’t a problem until you learn that Nigerians have lost a whooping 300 billion …
Choosing A Career With A High Barrier of Entry?
Barrier of entry talks about factors that make it hard for new comers to take over your job, your customers, or your industry. How to Know a Career with High Barrier of Entry? Let's take an example... Tunde works in Automobile sales at a Toyota dealership. During his onboarding as a …
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Landing An Entry-Level Big 4 Job In Nigeria
You can land an entry-level Big 4 job in Nigeria this year. Landing an entry-level Big 4 job in Nigeria is not as hard as people say. You need to know the right things and have loads of preparation! A Little Background In 2017, I was working at a job where salaries never came when due. …
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Becoming An Angel Investor In Nigeria
Becoming an angel investor in Nigeria is one way to grow your wealth quickly. Take Kendall Ananyi, founder of wifi.com.ng, as an example. In 2016, Kendall sold his house in Canada to invest in Paystack. After Stripe acquired Paystack for $200 million in 2020, Kendall had this to …
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How to Use Accounting Rate of Return to Appraise Investments?
Accounting rate of return [ARR] is probably the oldest and simplest way to weigh your investment options. Popular with the public sector in the US and UK for project appraisal, accounting rate of return [ARR] can also be used by you and me. It is an easy way to decide where to put your money, …
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New Investor? Here Are 4 Investing Red Flags To Avoid
Investing in a small, regular business is tough. You need to consider lots of factors. What investing red flags or warning signs can make you not invest in a lucrative business? Three years ago, I nearly lost ₦500,000 to a friend’s small business. The Business? My friend had acquired a …
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