Akinbolaji Ogungbire, Author at Lukefield Finance Company Limited

How Much Do You Need to Retire in Nigeria? A Step-by-Step Calculation Guide (2025)

If you just searched “how much do I need to retire” and got results about 401(k)s and Social Security, you found what most Nigerians find: guidance built for a completely different financial system. This guide is built for you. Western benchmarks do not apply here. Nigeria has no universal state pension for private sector workers. […]

Financial Planning Checklist for Nigerians: What to Do With Your Money at Every Life Stage

Every financial planning checklist you have found online was built for someone else. The top results talk about Roth IRAs, 401(k) contribution limits, and HSA maximization. None of those instruments exist in Nigeria. The reader extracts generic principles, finds no local translation, and closes the tab no better off than when it was opened. This […]

Nigerian Commercial Paper Rates in 2026: Current Yields, WHT Impact, and How They Compare to T-Bills

Most published CP rate data in Nigeria is either fragmented across market commentary, months out of date, or quoted without tax implications, leaving investors and corporate treasurers making return comparisons on incorrect figures. This article gives you current commercial paper discount rates by tenor, what those rates become net of the 10% withholding tax, and […]

Net Worth in Nigeria: How to Calculate It With Your RSA, Land, and Naira Savings

If you just Googled “what is the meaning of net worth” and landed on articles talking about 401(k)s, IRAs, and Federal Reserve household data, those articles were not written for you. They were built for an American reader with an American portfolio. A Nigerian reader trying to apply those frameworks to an RSA balance, inherited […]

How To Build Generational Wealth | Finance Tips

For many Nigerians, the dream of generational wealth feels inspiring yet distant. The Dantata Dangote story shows what is truly possible, starting from Alhassan Dantata, whose strong business foundation eventually empowered Aliko Dangote to build one of Africa’s biggest empires. Their journey proves that with discipline, strategy, and long-term planning, wealth can grow across generations. […]

How to Find a Financial Advisor in Nigeria Who Won’t Rob You Blind

If you’re suspicious of anyone calling themselves a financial advisor in Nigeria, that’s not paranoia. That’s survival instinct. Between Ponzi schemes that wiped out life savings, insurance agents who pushed products you didn’t need, and bank relationship managers who recommended funds that mysteriously underperformed while generating nice commissions, your skepticism has been earned the hard […]

Online Financial Planning Services: Why Most Nigerian Platforms Miss the Point

You’ve searched “online financial planning” hoping to find someone who can help structure your ₦15M portfolio without requiring in-person meetings every week. What you found instead: robo-advisors that don’t understand naira depreciation, automated calculators that assume US tax law applies to you, and platforms claiming “AI-powered investment advice” that recommends buying S&P 500 index funds […]

10 Great Benefits of Investing In Nigeria

Nigeria stands as one of Africa’s most promising investment destinations, filled with vast opportunities and untapped potential. With a growing population, rich natural resources, and an expanding middle class, the country continues to attract both local and foreign investors who see its potential for long-term growth. The benefits of investing in Nigeria go far beyond […]