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TGIC, FBN Quest are lead LPs in LoftyInc Fund 3

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 […]

01 September 2021 | 4 MIN READ

A White Hat Hack: A look into the security of digital assets

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 […]

18 August 2021 | 4 MIN READ

Of Wild Losses & Jaw-Dropping Profits…

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 […]

11 August 2021 | 4 MIN READ

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Here’s how the recent ban on BDCs affects you as an investor

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 […]

05 August 2021 | 4 MIN READ

5 reasons why you need a financial plan and how to create one today

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 […]

29 July 2021 | 4 MIN READ

Guardian Women interviews Tomie on the importance of financial literacy and inclusion

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 […]

25 July 2021 | 4 MIN READ


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