by Ugodre Mr. Jike recently got a promotion in his work place, a reward that comes with a status car, housing allowance and off course a salary increase. As expected, the first person he called to share his joy with was his wife telling her everything except the actual salary. She is not to... Read More

board, husband, investment, spouse, Ugodre, wife

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Ugodre talks Figures: My wife earns more than me! 5 ways of dealing with it

Does your wife earn more than you? Do you feel like you need to get another job? Do you get home early before her because of the calibre of her office? Did she buy her car herself and paid for the children’s school fees? Do you sometimes wish you could just have her resign her... Read More

earnings, husband, Marriage, Ugodre, wife

September 2, 2012

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Ugodre Talks Figures: How to light several “bisco’s” in a club without paying a dime

So basically most of the guys who pop all those champagne and light the bisco’s do not pay a dime at the club whilst you, the guy who gets oppressed, pays full for your drinks and food. Clubbing in Nigeria is never a dull moment. It’s an opportunity for some to party with friends and... Read More

clubbing, popping bottles, Ugodre

August 31, 2012

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Ugodre Talks Figures: Lost his job, but he makes more than what he earned by being a taxi driver

Jide has always dreamt of a career in banking back in University and so when during NYSC he had an opportunity to join a “new generation” bank (as they were called then) he jumped at it. He spent the better part of five years learning the trade working In operations, marketing and treasury, all in... Read More

entrepreneur, self-employment, taxi driver, Ugodre

August 28, 2012

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Ugodre Talks Figures: The new N5,000 note, a “cure” for a dying naira…?

Yesterday, the CBN announced yet another plan to coin lower denominations, introduce higher denominations and enhance the quality and appearance of some notes. This has met with some furore as pundits see it as the gradual devaluation of the Naira and an admission that the lower currencies such as N10 and N20 are loosing relevance in... Read More

CBN, five thousand naira note, naira, Ugodre

August 24, 2012

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Ugodre talks Figures: How insurance can help reduce the fear of being sacked

I’ve seen a lot of people loose their jobs either due to corporate downsizing as some call it or due to the company having new owners. What typically happens in most organizations is that the staffs get paid severance or simply just gets their one month’s salary in lieu. Not enough money to last you... Read More

income, insurance, Ugodre

August 23, 2012

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Ugodre Talks Figures: How “wait and get” photographers at the embassies make around N600k a month

I recently embarked on a trip to an Embassy on Walter Carrington, Victoria Island only to be told that my passport photographs and that of my family wasn’t the approved type. As its typical with Lagos a solution was just around the corner. Loads of Photographers “Wait & get” like we call them where on standby... Read More

Embassy, photographers, Ugodre, wait and get

August 20, 2012

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Ugodre Talks Figures: How to check if your vehicle insurance is authentic

Finally, right here in Nigeria, we can now check the authenticity of your Vehicle Insurance Policy. Thanks to the efforts of the Nigerian Insurance Industry Database, a project owned by the Nigerian Insurers Association. This is a fascinating development especially in an economy where third... Read More

insurance policy, Ugodre, vehicle insurance, vehicle licensing

August 17, 2012

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Ugodre Talks Figures: Top ten Nigerian jobs you can’t find in the West

Make no mistake about it, these are jobs that we can hardly do without in Nigeria. Regardless of the inhumane condition to work in, Nigerians have come to rely heavily on them for what they do. Last friday, 6th of July the US released it’s latest job reports which claims just 80,000 jobs were created... Read More

bus conductor, employment, Nigerian jobs, road side seller, traffic warden, Ugodre

August 16, 2012

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Ugodre Talks Figures: How to use bridge loans to initiate or complete your project

by Ugodre A bridge loan is a short term financing facility offered to a borrower before he obtains permanent funding for the finance of a project. Funds from bridge finance are therefore expected to be repaid when permanent funding has been obtained. Bridge Financing is mostly utilised for big real estate projects or projects requiring... Read More

angel investors, building, figures, project, Ugodre, vc, venture capitalist

July 26, 2012

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Ugodre Talks Figures: Taxation for Nigerian musicians – A simple guide

In this blogpost we are going to get specific and take you through how taxation affects musicians and how best to avoid/reduce taxes. Remember Tax Avoidance is not a crime but tax evasion is. Musicians like every other businesses are designed to make profit. They earn... Read More

money, nigerian musicians, taxation, Ugodre

July 16, 2012

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Ugodre Talks Figures: Why you could pay tax for using your computer to stream videos

So if computer screens can basically do the same thing TV screens do, can they now be taxed?? In Nigeria as is most countries in the world, people are mandated to pay TV/Radio Licensing as a form of tax. In Nigeria, that tax is an exclusive revenue of the Local Governments Councils. The idea basically... Read More

computer, stream videos, Tax, Ugodre

July 5, 2012

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Ugodre Talks Figures: Are you giving TJ a call too?

For some of us, who fortunately or unfortunately do not get to be TJ, we can only have ourselves to blame for allowing our leaders enslave us and brainwash us to the point where heinous crimes are discussed in beer palours… The tweet from my friend @ricdizzle last night cracked me up so much I... Read More

corruption, loot, Ugodre

June 24, 2012

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Ugodre Talks Figures: May inflation rate rises year on year to 12.7%

The National Bureau of Statistics recently reported that the Consumer Price Index which measures the rate of inflation rose 12.7% year on year. It was 12.9% in April 2012. The Inflation rate has stubbornly held steady at double digit figures over the last one year after hit a 3 year low of 9.4% and 9.3%... Read More

inflation rate, Ugodre

June 19, 2012

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Ugodre Talks Figures: Taxation for Nigerian musicians…..A simple guide

I have blogged severally about taxation as it affects individuals and companies. However, in this blogpost we are going to get specific and take you through how taxation affects musicians and how best to avoid taxes. Remember Tax Avoidance is not a crime but tax evasion is. Musicians like every other businessman are designed to... Read More

royalty, Taxes, Ugodre

June 11, 2012

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Ugodre Talks Figures: Top 10 costs every Nigerian business must incur

Nigeria is currently ranked 133 out of 183 countries in the Ease of Doing Business Report. That puts Nigeria amongst the worst when it comes to doing business in comparative countries around the world. On a brighter side, the same report also estimates the minimum capital required to do business in Nigeria at 0.00% meaning... Read More

bussiness, Ugodre

May 31, 2012

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Ugodre Talks Figures: It’s official – GTB was the profitable bank for 2011

One of the benefits of the uniform reporting system for Nigerian banks is that it is now easier to compare the performance of one bank against another in numerous ways. I know its 5 months into the financial year which some may consider late for figuring out which bank was the most profitable. However, as... Read More

Business, GTB Bank, Ugodre

April 26, 2012

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Ugodre talks Figures: Is this the time to buy Transcorp Shares?

The company to the best of my knowledge has probably never declared dividends. In the hey days of President Obasanjo, the government announced a grand plan to support the setting up of an indigenous Nigerian company which will attract global and local capital, using it to invest in world class businesses in Nigeria and Africa.... Read More

Business, Transcorp, Ugodre

Ugodre Talks Figures: Why your spouse should know exactly what you earn

Ugodre talks Figures: Who owns your facebook account when you die?

Ugodre talks Figures: My wife earns more than me! 5 ways of dealing with it

Ugodre Talks Figures: How to light several “bisco’s” in a club without paying a dime

Ugodre Talks Figures: Lost his job, but he makes more than what he earned by being a taxi driver

Ugodre Talks Figures: The new N5,000 note, a “cure” for a dying naira…?

Ugodre talks Figures: How insurance can help reduce the fear of being sacked

Ugodre Talks Figures: How “wait and get” photographers at the embassies make around N600k a month

Ugodre Talks Figures: How to check if your vehicle insurance is authentic

Ugodre Talks Figures: Top ten Nigerian jobs you can’t find in the West

Ugodre Talks Figures: How to use bridge loans to initiate or complete your project

Ugodre Talks Figures: Taxation for Nigerian musicians – A simple guide

Ugodre Talks Figures: Why you could pay tax for using your computer to stream videos

Ugodre Talks Figures: Are you giving TJ a call too?

Ugodre Talks Figures: May inflation rate rises year on year to 12.7%

Ugodre Talks Figures: Taxation for Nigerian musicians…..A simple guide

Ugodre Talks Figures: Top 10 costs every Nigerian business must incur

Ugodre Talks Figures: It’s official – GTB was the profitable bank for 2011

Ugodre talks Figures: Is this the time to buy Transcorp Shares?

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