Sign-up to receive in-time updates on our product, thoughts on investment among other many tips.
LoftyInc Capital Management (LCM), an early-stage African-focused technology fund, achieves its first close of LoftyInc Afropreneur Fund 3 with substantial participation from African HNIs and Millenials, startup founders, and institutions. Coming off our first unicorn exit via LoftyInc Afropreneurs Fund 2 (LAF2) investment in Flutterwave, and providing above substantial returns to our investors, we are pleased […]
The Story After a long wait, the Petroleum Industry Bill (PIB) was passed into law on Monday, the 12th of August 2021. The Petroleum Industry Act provides the legal, regulatory, and fiscal framework for the Nigerian Petroleum Industry, the development of host communities & related matters. Also in the past week, the Central Bank of […]
The Hack The Story On Tuesday the 10th of August 2021, the biggest cryptocurrency heist happened. Over $600million was stolen from Poly Network (a token swapping platform). A couple of days later the total amount stolen was returned. Earlier in August, Ethereum (the second largest cryptocurrency) did a network upgrade called London Hard Fork. An […]
Start-Up Valuations The Story Investors on the 1st of August 2021, woke up to the news of Square (a digital payment company owned by Jack Dorsey) acquiring Australia’s popular Buy Now Pay Later (BNPL) company Afterpay for $29bn. This acquisition is an all-stock transaction. 1% of the payment can be done in cash and the […]
Sign-up to receive in-time updates on our product, thoughts on investment among other many tips.
The Story on the 27th of July 2021, The Central Bank of Nigeria (CBN), at the press briefing that follows its bi-monthly monetary policy meeting, announced a ban on the sale of foreign exchange to Bureau de Change (BDC) operators in Nigeria. According to the CBN Governor, Godwin Emefiele, the BDC operators facilitate graft, illicit […]
Financial planning is a step-by-step approach to meet one’s life goals. A financial plan acts as a guide as you go through life’s journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals. It is an ongoing process of evaluating your […]
In this interview with TOBI AWODIPE, she talks about the importance of financial literacy and inclusion, especially among women, the danger of ponzi schemes, challenges of finding investment opportunities in Nigeria, financial freedom for young people and how investment clubs can lead to economic growth for women. What inspired TGIC and when did you realise […]
The Story Richard Branson, billionaire owner of Virgin Galactic on the 11th of July 2021 flew to space on the company’s spaceship for the first time. Richard Branson beat other billionaires (Jeff Bezos & Elon Musk) in the race to space. At the opening of financial markets on the 12th of July 2021, Virgin Galactic […]
Join the biggest
investment club in Nigeria.
