Oluwadurotimi Agboola, Author at Lukefield Finance Company Limited

a woman with her child saving for the child's education investment

How to Invest for Your Child’s Education in Nigeria

School fees in Nigeria have become one of the heaviest financial burdens on families. Private primary schools in Lagos now charge between ₦500,000 and ₦2 million per session. Prestigious secondary boarding schools run ₦1.5 million to ₦4 million per term. And if you want your child to study abroad, you’re looking at figures that feel […]

Are Vacation Homes a Good Investment in Nigeria?

Owning a second property in a holiday destination is becoming increasingly attractive to Nigerian professionals and business owners. Whether it’s a beachfront apartment in Lekki, a villa in Ibeju-Lekki near the emerging Lekki Free Trade Zone, or a retreat in Ibadan or Abeokuta, the appeal is real: a personal getaway that could also grow in […]

Personalised Tax Planning in Nigeria: How to Pay Less and Keep More of Your Money

You earn well. You pay your taxes. But every year, you look at how much goes to FIRS and wonder if there is a better way to handle it. There is. The problem is that most Nigerians treat tax as a flat obligation. You earn, you file, you pay. But the Nigerian tax code has […]

How to Prepare for a Layoff in Nigeria: A Financial Survival Guide

Nobody plans to get laid off. But in Nigeria’s economy, where restructuring, budget cuts, and industry shifts happen regularly, it is something worth preparing for. The difference between someone who weathers a layoff and someone who spirals into debt is rarely luck. It is preparation. People who have a financial cushion, a clear understanding of […]

Financial Planner vs Financial Advisor: What’s the Difference?

Choosing the right financial expert can shape your entire financial future, from how much you save today to the kind of wealth you build tomorrow. Many people hear the terms financial planner vs financial advisor and assume they mean the same thing. Yet, there are important differences that every smart investor, business owner, or individual […]

YTD Interest Meaning: What It Is and How It Works

Understanding the YTD interest meaning is more important today than many people realize. In a time when interest rates keep changing, and investors closely monitor returns, knowing how your money grows from the start of the year can protect you from surprises and poor financial decisions. According to Investopedia, Year-to-Date (YTD) figures help individuals and […]

How To Preserve Generational Wealth | Entrepreneur Guide

You’ve worked hard building your business. You’ve invested long hours, sacrificed weekends, and watched your wealth grow steadily. Yet statistics show that nearly 70% of family wealth in Nigeria disappears by the second generation. Without deliberate planning, what took decades to create could vanish in a single generation. Understanding how to preserve generational wealth is […]

Investment Securities Meaning in the Nigerian Financial Market

Understanding investment securities meaning in the Nigerian financial market has become more important than ever, especially as more individuals and businesses look for safe ways to grow their money. Many Nigerians lose opportunities or make costly mistakes simply because financial terms sound complex or unclear. According to the Securities and Exchange Commission (SEC) Nigeria, investment […]

Educational Trust Fund: How to Actually Afford Your Children’s School Fees in Nigeria

You’ve run the numbers three times. Your child starts secondary school next year, and the fees at the school you want will cost ₦1.2M annually. That’s before uniforms, books, and extracurricular activities. By the time they graduate secondary school, you’ll have spent roughly ₦8M. If they go to university abroad (which is what you want […]

Investment Opportunities in Africa: Nigeria-Focused Guide for Individual Investors (₦5M – ₦100M)

Search “investment opportunities in Africa,” and you’ll find two extremes. On one end, BCG reports targeting institutional investors with $50M+ to deploy. On the other hand, promotional material from unverifiable sources promising 40% returns with zero documentation. Neither helps the Nigerian professional with ₦20 million nor the diaspora investor with $30,000 looking for practical guidance. […]