This article was originally posted in The Guardian By Subomi Plumptre March 24, 2023 It’s 9pm on a Monday evening, and Tunde is desperately looking for cash in Lagos, Nigeria. After queuing for 3 hours at a bank ATM, he approaches a local Point-of-Sale (PoS) agent who charges him N1,500 to withdraw N10,000. He accepts the […]
Subomi Plumptre, the co-Founder and Chief Executive of Volition Cap, has been accepted into the Forbes Business Council, the foremost growth and networking organisation for successful global business owners and leaders. The recognition came following Subomi`s cumulative business and social entrepreneurship achievements. Beyond her key role in managing the Volition ecosystem over the last six […]
How to take advantage of a bear market According to Investopedia, a “bear market” occurs when a market endures extended price decreases. It often refers to a situation in which stock values have fallen 20% or more from recent highs due to widespread pessimism and poor investor sentiment. Although all this might sound scary, it […]
Many external policies have a harmful or beneficial impact on businesses. These variables must be addressed by business leaders, who must make decisions that minimize the impact of the external environment. Political factors and the ecosystem in which a country operates have an impact on any business environment and can also add a risk factor […]
The watchword in recent times for investors is uncertainty, which is certainly creating a volatile market. Recently, it was stated somewhere that uncertainty is the only certain thing right now in the world’s economic market. As you try to gear up and adjust to one news, another news is setting in. Market volatility has reached […]
The first stage in investing in any market should be determining your risk appetite. You might be able to navigate the market’s high peaks and low valleys with ease. Alternatively, you may find the uncertainty associated with an aggressive investment approach to be too stressful. Your risk appetite is determined by three factors: your risk […]
In 2021, both male-led and female-led startups raised almost $5 billion in venture capital funding. It was a huge milestone for the African startup ecosystem compared to the amount raised in previous years. One other significant achievement was the number of female-led startups that gained funding. In 2021, we saw that number increase significantly as […]
The Nigerian economy is a middle-income, mixed economy and an emerging market. There is the expanding manufacturing, financial, service, communications, technology, and entertainment sectors. Nigeria is ranked as the 27th-largest economy in the world in terms of nominal GDP. It is also the 24th-largest in terms of purchasing power parity. The Nigerian economy is the […]
It’s never easy to foresee the local and foreign stock markets, whether you’re a novice or a seasoned investor. As the year draws to a close, it’s critical to invest in and hold the correct equities for the future. The greatest method to hold a stock is to hold it forever, as Warren Buffet, the […]
There challenges that rock the growth of a very promising agriculture sector.
These are a few amongst others.
New ideas and more people in the workforce is one direction to look at.
Principal guaranteed investments in Dollar funds and bonds.
Starting Amount: $100
Tenure: 12 months
Risk Level: Low
Target Return: 10.5% p.a
Principal guaranteed investments in Real estate and bonds.
Starting Amount: $50,000
Tenure: Variable
Risk Level: Low
Target Return: Custom
Principal guaranteed investments in Real estate and bonds.
Starting Amount: $5,000
Tenure: 3 years
Risk Level: Low
Target Return: 12% p.a
Bespoke fund investments in Dollar funds and stocks
Starting Amount: $10,000
Tenure: 5 years with a minimum 1-year holding period. Returns are paid annually.
Risk Level: Low
Target Return: 15% – 20% p.a