Connect with us

Business

Retirement Advice To All Employees :

Published

on

382 Views

1. Build a home earlier. Be it rural home or urban home. Building a house at 50 is not an achievement. Don’t get used to government houses. This comfort is so dangerous. Let all your family have good time in your house.

2. Go home. Don’t stick at work all the year.  You are not the pillar of your department. 

If you drop dead today, you will be replaced immediately and operations will continue.  Make your family a priority.

3. Don’t chase promotions.  Master your skills and be excellent at what you do. If they want to promote you, that’s fine if they don’t,  stay positive to your personal.
development.

4. Avoid office or work gossip. Avoid things that tarnish your name or reputation.

Don’t join the bandwagon that backbites  your bosses and colleagues. Stay away from negative gatherings that have only people as their agenda.

5. Don’t ever compete with your bosses.  You will burn your fingers.  Don’t compete with your colleagues, you will fry your brain.

6. Ensure you have a side business.  Your salary will not sustain your needs in the long run.

7. Save some money. Let it be deducted automatically from your payslip.

” Start a project whilst still serving or working. Let your project run whilst at work and if it doesn’t do well, start another one till it’s running viably.”

8. Borrow a loan to invest in a business or to change a situation not to buy luxury. Buy luxury from your profit.

9. Keep your life,marriage and family private. Let them stay away from your work. This is very important. 

10. Be loyal to yourself  and believe in your work. Hanging around your boss will alienate you from your colleagues and  your boss may finally dump you when he leaves.

11. Retire early.  The best way to plan for your exit was when you received the employment letter. The other best time is today.  By 40 to 50 be out.

12. Join work welfare and be an active member always. It will help you a lot when  any eventuality occurs.

13. Take leave days utilize them by developing your future home or projects..usually what you do during your leave days is a reflection of how you’ll live after retirement.

If it means you spend it all holding a remote control watching series on Zee world, expect nothing different after retirement.

14. Start a project whilst still serving or working. Let your project run whilst at work and if it doesn’t do well, start another one till it’s running viably. When your project is viably running then retire to manage your business.

Most people or pensioners fail in life because they retire to start a project instead of retiring to run a project.

15. Pension money is not for starting a project or buy a stand or build a house but it’s money for your upkeep or to maintain yourself in good health. Pension money is not for paying school fees or marrying a young wife but to look after yourself.

16. Always remember, when you retire never be a case study for living a miserable life after retirement but be a role model for colleagues to think of retiring too.

17. Don’t retire just because you are finished or you are now a burden to the company and just wait for your day to die.

Retire young or whilst energetic to enjoy waking up for a cup of coffee, enjoy the sun, receive money from your business, visit nice place that you missed and spend good time with family.

Those who retire late, spend about 95% of their time at work than with their family and that’s why they see it difficult to spend time with their family when they retire but end looking for another job till they die. If they don’t get another job, they die early.

18. Retire at your house than at government accommodation so that when you retire you can easily fit into the society that raised you.

It’s not easy to adjust to live in a location after spending more years at company house or at government house.

19. Never let your employment benefits make you forget about your retirement. Employment benefits are just meant to make you relax, get finished whilst time is moving. Remember when you retire no one will call you boss if you don’t have a viable business.

20. Don’t hate to retire because one day you will retire either voluntarily or involuntarily. Hope this will help you look at life positively
By John Liney

Business

Naira Exchange Rates Friday, 3 July 2026

Published

on

By

22 Views

BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1, 397 Sell ₦1,405

GREAT BRITISH POUND (GBP) Buy ₦1,850 Sell: ₦1,865

EURO (EUR) Buy ₦1, 580 Sell ₦1,600

CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370

CHINESE YUAN Buy ₦180 Sell ₦200

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 380 Sell ₦2, 460

CENTRAL AFRICAN CFA Buy ₦2, 220 Sell 2,300

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

CBN OFFICIAL EXCHANGE RATES

US DOLLAR (USD) ₦1,370.15

GREAT BRITISH POUND (GBP) ₦1,832.17

EURO (EUR) ₦1,568.28

SWISS FRANC (CHF) ₦1,1705.44

JAPANESE YEN (JPN) ₦8. 51

CHINESE YUAN (CNY) ₦201. 80

WEST AFRICAN CFA (XOF) ₦2.38

WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,859. 98

SAUDI RIYAL (SAR) ₦364.91

SOUTH AFRICAN RAND (ZAR) ₦84. 32

Continue Reading

Business

Issue: Cloning Nigerian Investment Promotion Commission (NIPC)

Published

on

By

46 Views

The Presidency says the bodies allegedly used by Adeyemi—including the so-called Presidential Economic Advisory Council, Presidential Foreign Investment Promotion Council, and Presidential Foreign Intervention Promotion Council—do not exist as government agencies.

The Presidency says a man identified as Prince Adeniyi Adeyemi Matthew allegedly created and operated fake government agencies, forged appointment letters, and falsely claimed to have been appointed by Femi Gbajabiamila.
According to the statement:
The Office of the Chief of Staff discovered the alleged scheme after complaints from the Nigerian Investment Promotion Commission (NIPC) that an unauthorized body was operating in a way that conflicted with its functions.

The Chief of Staff petitioned the Department of State Services and the Nigeria Police Force in October 2025 to investigate alleged forged appointment letters.

The Presidency says the bodies allegedly used by Adeyemi—including the so-called Presidential Economic Advisory Council, Presidential Foreign Investment Promotion Council, and Presidential Foreign Intervention Promotion Council—do not exist as government agencies.


Investigators allege Adeyemi operated from an office in the Federal Secretariat Complex, held meetings with diplomats, and sought diplomatic support to obtain U.S. visas for members of the alleged organization.
Police reportedly recovered forged documents and other exhibits during searches of his office and residence.

The investigation allegedly found that Adeyemi operated 34 bank accounts, including several in the names of fictitious organizations, and used forged documents to open a Central Bank of Nigeria account.

The Presidency says no government funds were paid into that account.
Police charged Adeyemi and two others before the Federal High Court on multiple counts, including forgery, impersonation, and obtaining by false pretence. The case is scheduled for hearing on July 27.


The Presidency also denied claims that Gbajabiamila appointed Adeyemi, stating that appointments to federal offices are issued through the Office of the Secretary to the Government of the Federation, not the Office of the Chief of Staff.


Current status


The Presidency maintains that:
the agencies in question are fictitious,
the appointment letter was forged,
Adeyemi is an impostor,
and the allegations against him should be resolved by the court.


As the case is pending before the court, the allegations remain subject to judicial determination.

Continue Reading

Business

Naira Exchange Rates Thursday July 2, 2026

Published

on

By

50 Views

BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1, 395 Sell ₦1, 403

GREAT BRITISH POUND (GBP) Buy ₦1,845 Sell: ₦1,865

EURO (EUR) Buy ₦1, 585 Sell ₦1,600

CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370CHINESE YUAN Buy ₦180 Sell ₦200

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 380 Sell ₦2, 460

CENTRAL AFRICAN CFA Buy ₦2, 220 Sell 2,300

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

CBN OFFICIAL EXCHANGE RATES

US DOLLAR (USD) ₦1,372.41

GREAT BRITISH POUND (GBP) ₦1,821.73

EURO (EUR) ₦1,565.37

SWISS FRANC (CHF) ₦1,695.42

JAPANESE YEN (JPN) ₦8.45

CHINESE YUAN (CNY) ₦201.98

WEST AFRICAN CFA (XOF) ₦2.40

WEST AFRICAN UNITACCOUNT (WAUA) ₦1,870. 31

SAUDI RIYAL (SAR) ₦365.45

SOUTH AFRICAN RAND (ZAR) ₦83.80

Continue Reading

Trending