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Naira Life Vol 141

Naira Life Vol 141

Also: Got your Naira Life conference tickets yet?

Toheeb Lanlehin
July 14, 2025

Volume 141

In partnership with

Good morning 🌞

Some stories drive you to think about money resets. You know, those moments when a series of events forces you to pause, take stock, and rebuild from scratch. This week’s Naira Life is exactly that: a PR guy trying to recover from the one-two punch of a 2023 layoff and crushing debt. Two years later, he’s slowly clawing his way out. Living in Nigeria is full of curveballs, so you might find this one particularly relatable.

On the Love Currency side, we caught up with a teacher navigating a long-distance relationship and a shared bank account with her baby daddy. Then, we asked experts to break down the “mythical dream” of retiring early and rich in Nigeria. Their answers? Brutal, honest but ultimately useful.

One more thing, the Naira Life conference is happening next month? Have you secured your spot yet? Find the details below.

In this letter:

#NairaLife: The PR Guy Who’s Picking Up the Pieces After a Layoff and Debt

The 26-year-old in this #NairaLife was forced to examine his financial habits after an unexpected layoff in 2023 drove him into debt. Two years later, he’s still picking up the pieces.

However, thanks to a higher income and better financial planning, he might be on the path out of survival mode.

This is his #NairaLife

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Love Currency: The Teacher Navigating a Long-Distance Relationship With Her Baby Daddy

Kofo* (26) and Tunde* (31) have been together since 2021 and became parents in January.

For #LoveCurrency, Kofo talks about their transparent approach to finances, how they handle dating long-distance and why a wedding will probably take two more years. Read the full story here

The Naira Life Conference is a one-day personal finance and wealth-building event featuring bold conversations, immersive workshops, and content tracks designed to help you get your money up.

Expect powerful sessions, speakers, and the community support you need to stack, scale and sustain wealth.

Secure your spot here

How to Retire Early and Rich in Nigeria

An eternal question in almost everyone's mind is if it's possible to retire rich and early in Nigeria.

`We went looking for answers and asked two experts what it really takes. Find out here

Ask Aunty M with Reni

I earn ₦320k/month as a junior staff in advertising, coupled with different side gigs. I do "ajo" and save half of my income. I'll soon get almost ₦2m from my ajo group, but I don't know what to do with it. I have needs (new phone, rent, wigs, and other personal things), but the only important expense is rent. That said, rent is not due for some time, and I may source for help from my family. I'm considering investments, but I also want to enjoy my money—if you know what I mean. If I invest, what do I invest in? Do I buy stocks? I've been thinking of shares but don't know how they work. Do I invest in crypto? I also don't know how it works. I have zero financial literacy, so I'm stumped about what to do. Please, help. - Oyinda, 23

Hey, Oyinda. Congratulations on the income and savings you've accumulated. To make it easier, I suggest you figure out your priorities. If you don't, the ₦2m will disappear and fly away without you understanding where it went. Some things to consider - what are my immediate needs and my long term goals?

You mentioned a phone and rent. If these are immediate needs, put aside a portion of your ₦2m for them. Work backwards to determine how much you need and when you need them.

Then, ask yourself what are your long-term goals. You've mentioned that you want to start investing. Maybe you choose to invest 25% of this ajo money. It would help if you started by investing in the knowledge to help you become more financially literate. You can take a course, read blogs, watch YouTube channels, or binge on a free series like this.

I always recommend investing in stocks rather than crypto for beginners but acquiring knowledge first is critical.

Then you can use 25% of the money to open an enjoyment account to spend on fun things. Remember, life is all about balance. I hope this helps.

Xoxo, Reni

If you're here, you probably have a money or work dilemma. Ask your question and we'll figure out an actionable solution for you.

Where The Money At?!

We can't say we're about the money and not actually help you find the money.

So we've compiled a list of job opportunities for you. Make sure you share this with anyone who might need it because in this community, we look out for each other.

Again, don’t mention. We gatchu.