Nigeria’s index case of Covid-19 arrived in Italian packaging on February 28, 2020. On 24th March, Lagos State declared a lockdown after 30 cases in the city and 46 cases nationwide. A national lockdown followed on 30th March. And so the story continues… 2020 needs to calm down. The lockdown has been eased in many […]

Hello there! We hope you and yours are safe and sane. Welcome to the second episode of our post on investment opportunities to exploit during the pandemic. Local and global markets are gradually working their way back to optimal performance. In Nigeria, a new Companies and Allied Matters Act has been passed and FGN Savings […]

Volition Capital Investments Limited is a private equity company that helps the honest and hardworking create wealth. You must know this part of the gist already. But are we assuming you know what it means? No, we are not. And that is okay. You may not really know what we’re about. So this is why […]

On August 7, 2020, President Muhammadu Buhari signed the Companies and Allied Matters Bill into law. And that’s a big deal. The Act was passed by the National Assembly in 2018 but was refused assent. Well, ta-dah! The Companies and Allied Matters Act (CAMA) promises to ease business in Nigeria by reducing regulatory hurdles and […]

According to Forbes, 9 out of 10 startups fail. Failure is more frequent than success when it comes to startup companies. It is difficult to run a startup, but it is also rewarding. You may be set to go with your business but you may be facing the most damning problem of them all – […]

Are you paying attention? Do you really know what we do at Volition Capital? Have you read our article about Private Equity? Well, it provides insight into what we do. This is another in the series. It’s about cooperatives, which we manage. But what are cooperatives and how do they work? This brief article will […]

The fall in oil prices It all started in March when Saudi Arabia and Russia disagreed over proposed oil production cuts. This triggered a price war that crashed oil prices. The COVID-19 pandemic became official in the same month and slashed demand for oil significantly. Oil prices plummeted. Prices remained below $10 per barrel in […]

Nigeria needs to generate between 40,000MW and 60,000MW of Electricity, but generation is less than 5,000MW. You know the gist. The common consequence is that businesses run on generators thereby increasing the cost of production. On 31st August, our ”What’s New?” informed you that the government had approved an increase in electricity tariffs, even though […]

On September 17, the federal government asked Nigerians who own bank accounts to obtain and complete self-certification forms, to be issued to them by their banks. And why? The statement read, “The forms are required by the relevant financial institutions to carry out due diligence procedures in line with Income Tax Regulations 2019”.  Expectedly, social […]