Connect with us

society

Investment in a COVID-19 World: What you must know and do (Conversational chat session)

Published

on

On the 9th of September 2020, Anchoria Asset Management engaged its followers on LinkedIn and provided answers to key financial investment questions, especially, as it relates to investing in a COVID-19 period.

The Financial Fitness Chat session helped participants understand the principle of how, when, where and what to invest depending on individualist approach and capacity. In a conversational chat tone, Ms Ete Ogun, MD of Anchoria Asset Management Limited was able to engage participants on the group and provided bespoke responses during the session:

In the light of the covid-19 pandemic and its effect on the Nigerian business environment, what alternative investments opportunities exists out there, especially for working class professionals?

The alternatives are investing in growth companies which means you must have research on their products, people and process

I assume this applies to long term investments. Are there any profitable short-term investment alternatives available at this time?

Short term and profitable don’t actually go hand in hand for investment. Short term can have competitive yields. Competitive yields are returns which outperform current short-term government instruments for instance 91 days treasury bills. This is currently at 1.2%. If you get any return above 2.8% to 3% then it is competitive.

I know firms (including investment brokers like yours) are affected by this pandemic, what structure or structures do you have in place to help safeguard investor funds and help protect us from the effect this pandemic will have on investments?

Thank you for your question. The structures around safeguarding investors funds are diversification and asset allocation. Break down your investment objectives into timelines and invest based on those timelines i.e. short needs money market investment, medium needs money market/ fixed term investment and equity funds for longer tenured objectives. I believe that your funds will be very safe.

Another question from my end, do you have investment plans for Nigerians in the diaspora? Must BVN be subscribed to or my non-Nigerian bank can be used for the transactions?

There is the issue of regulation across jurisdictions. However, we do have investment products for Nigerians in Diaspora in country. You are at liberty to use a local or foreign bank provided that the documentation for each location is supplied appropriately.

Good day team, I so much appreciate this initiative. It is a way out for most of us in this pandemic period. Please I will like to know how I can invest for my kids.

Thank you for your question sir. You can invest periodically in the mutual funds especially the Equity Fund because its a good store of money value. It is also favourable because the initial investment is as low as N5000.00.

You can go to www.anchoriaam.com and get further directions or speak to our Client Relations Officer. The reward is immeasurably especially when you start keep at the investment plan over time

In view of the current economic uncertainty, is it advisable to hold FX denominated investment in order to edge against inflation or devaluation?

Thank you for your question sir. This is a tricky question. I will ask if you have dollar obligations? You wont have any near term need for the funds in foreign currency? If the answer is no then its not a real investment option for you simply because the returns for these can be lower than Naira and any conversion before the expected deregulation can cause a huge drop in your expected return.

How do we then “research on their financial products, people and process”. I mean for laymen like us who don’t have deep knowledge of the sector. Is that an aspect Anchoria can take care of as well?

It is aspect Anchoria can work with you. The goal is to partner to achieve your financial objectives.

Post Covid-19 Era makes my savings in the bank useless; please what investment can help me out? It can be long time I don’t mind.

You should diversify your investment holdings. For your immediate needs within one year invest in Anchoria Money Market Fund. For your 1- 3 years need invest in the Anchoria Fixed Income Fund and your bigger longer tenored objectives say 5-7 years invest in Anchoria Equity Fund.

Financial Fitness chat with Anchoria Asset Management is an open Group on LinkedIn where members can learn about investment opportunities and connect with investment experts.

society

HOPE BEYOND THE WALLS 2026: ASSOCIATION OF MODELS SUCCESSFULLY SECURES RELEASE OF AN INMATE, CALLS FOR CONTINUED SUPPORT

Published

on

HOPE BEYOND THE WALLS 2026: ASSOCIATION OF MODELS SUCCESSFULLY SECURES RELEASE OF AN INMATE, CALLS FOR CONTINUED SUPPORT

 

The Association of Models (AOMNGO) proudly announces the successful completion of the first edition of Hope Beyond the Walls 2026, a humanitarian initiative dedicated to restoring hope and freedom to deserving inmates.
Despite enormous challenges, financial pressure, emotional strain, and operational stress, the organization remained committed to its mission. Through perseverance, faith, and collective support, one inmate has successfully regained freedom a powerful reminder that hope is stronger than circumstance.
This milestone did not come easily.
Behind the scenes were weeks of coordination, advocacy, fundraising, documentation, and intense engagement. There were moments of uncertainty, but the determination to give someone a second chance kept the vision alive.
Today, the Association of Models gives heartfelt appreciation to all partners and sponsors, both locally and internationally, who stood with us mentally, financially, morally, and physically.

Special Recognition and Appreciation To:

Correctional Service Zonal Headquarters Zone A Ikoyi

Esan Dele

Ololade Bakare

Ify
Kweme
Taiwo & Kehinde Solagbade
Segun
Mr David Olayiwola
Mr David Alabi
PPF Zion International
OlasGlam International
Razor
Mr Obinna
Mr Dele Bakare (VOB International)
Tawio Bakare
Kehinde Bakare
Hannah Bakare
Mrs Doyin Adeyemi
Shade Daniel
Mr Seyi United States
Toxan Global Enterprises Prison
Adeleke Otejo
Favour
Yetty Mama
Loko Tobi Jeannette
MOSES OLUWATOSIN OKIKIADE
Moses Okikiade
(Provenience Enterprise)

We also acknowledge the numerous businesses and private supporters whose names may not be individually mentioned but whose contributions were instrumental in achieving this success.

Your generosity made freedom possible.

A CALL TO ACTION
Hope Beyond the Walls is not a one-time event. It is a movement.
There are still many deserving inmates waiting for a second chance individuals who simply need financial assistance, legal support, and advocacy to reunite with their families and rebuild their lives.

The Association of Models is therefore calling on:
Corporate organizations
Local and international sponsors
Philanthropists
Faith-based organizations
Community leaders
Individuals with a heart for impact
to partner with us.

Our vision is clear:
To secure the release of inmates regularly monthly, quarterly, or during special intervention periods through structured support and transparent collaboration.

HOW TO SUPPORT
Interested partners and supporters can reach out via
Social Media: Official Handles Hope In Motion
Donations and sponsorship inquiries are welcome.

Together, we can turn difficult stories into testimonies of restoration.

ABOUT AOMNGO
The Association of Models (AOMNGO) is a humanitarian driven organization committed to advocacy, empowerment, and social impact. Through projects like Hope Beyond the Walls, the organization works tirelessly to restore dignity and create opportunities for individuals seeking a second chance.

“When we come together, walls fall and hope rises.”
For media interviews, partnerships, and sponsorship discussions, please contact the Association of Models directly.

Continue Reading

society

SENATOR ADEOLA YAYI REGISTERS 4000 JAMB CANDIDATES 

Published

on

SENATOR ADEOLA YAYI REGISTERS 4000 JAMB CANDIDATES 

 

In continuation of his educational support initiatives and following established tradition, Senator Solomon Adeola (APC,Ogun West) has successfully paid for and enrolled 4000 indigent students for the 2026 Joint Admission Matriculation Board(JAMB) examination.

 

According to a release e-signed and made available to members of the League of Yewa-Awori Media Practitioners (LOYAMP) by High Chief Kayode Odunaro, Media Adviser to Senator Adeola and shared with (your mediu), the programme financed by the senator under the “SEN YAYI FREE JAMB 2026” ended on Saturday , February 21, 2026, with a total of 4000 candidates successfully enrolled with their PINs provided.

 

Commenting on the success of the programme, Senator Adeola said the programme is another leg of his personal educational empowerment for indigent but brilliant citizens preparatory to his scholarship and bursary facilitation for tertiary education institutions’ students.

 

“As far as I can help it, none of our children will miss educational opportunities arising out of adverse economic predicament of their parents or guardians”, he stated.

 

Successful candidates cut across all the three senatorial districts of Ogun State with 2183 coming from Ogun West, 1358 coming from Ogun Central and 418 from Ogun East.

 

Some of the candidates that applied and are yet to get their PINs due wrong information supplied in their profiles and being underage as discovered by JAMB and other reasons are being further assisted to see the possibility of getting their PINs.

 

The Free JAMB programme of the Senator that has been running for years is well received by appreciative beneficiaries and their parents.

 

Alhaji Suara Adeyemi from Ipokia Local Government whose daughter successfully got her PIN in the programme said the Senator’s gesture was a welcome financial relief for his family at this period after payment of numerous school fees of other siblings of the beneficiary seeking admission to higher institution.

 

Also posting on the social media handle of the Senator, a beneficiary Mr. Henry Olaitan, from Odeda LGA said that he would have missed doing the entry examination as his guardian cannot afford the fees for himself and two of his children.

Continue Reading

society

House Committee Seeks Stronger Financial Backing for Federal Character Commission

Published

on

House Committee Seeks Stronger Financial Backing for Federal Character Commission

 

The Executive Chairman of the Federal Character Commission (FCC), Honorable Hulayat Motunrayo Omidiran, has reassured the commitment of her new leadership to reposition the Commission and strengthen enforcement of the federal character principle, despite prevailing funding challenges.

Hon. Omidiran made this known during the Commission’s budget defence before the House of Representatives Committee on Federal Character at the National Assembly on Friday, February 19, 2026.

The Executive Chairman opened up on inadequate funding has continued to constrain the Commission’s statutory activities, including nationwide monitoring, compliance audits and enforcement measures across Ministries, Departments and Agencies (MDAs).

“We are focused and determined to do the work that the Constitution and the President have entrusted us with,” Omidiran stated.

The FCC Boss, however, assured lawmakers that the Commission remains resolute in ensuring equity, fairness and balanced representation in line with its constitutional mandate.

“As a Commission, it is our responsibility to engage with relevant government parastatals and ministries to secure the necessary funding we require. We believe that with consultation and collaboration, it will be a successful venture for the Commission.”

Earlier, the Chairman of the House Committee on Federal Character, RT. Hon. Ahmed Idris Wase, expressed deep concern over what he described as near-zero budgetary allocation to the Commission, stressing that such financial inadequacies severely undermine its operational effectiveness.

The Plateau State lawmaker assured the Commission of the Committee’s firm legislative backing in advocating for improved funding and strengthening the Commission’s capacity to fully exercise its constitutional mandate.

“We cannot reasonably expect the Federal Character Commission to enforce compliance across Ministries, Departments, and Agencies while grappling with insufficient funding,” Hon. Wase remarked.

“If we are genuinely committed to fairness, equity, and national cohesion, then we must be deliberate in adequately funding the institution established to safeguard these principles.

“As a Committee, we shall work closely with the leadership of the Commission to ensure that its budgetary provisions reflect the magnitude of its mandate. The era of skeletal or token funding must give way to realistic and sustainable financial support,” he concluded.

The budget defence session concluded on a note of renewed collaboration between the House of Representatives and the Commission, reflecting a shared determination to strengthen institutional capacity, enhance accountability, and promote equitable representation within Nigeria’s public service.

House Committee Seeks Stronger Financial Backing for Federal Character Commission

SIGNED:

Ademola Lawrence
Spokesperson,
Federal Character Commission
February 20, 2026

Continue Reading

Cover Of The Week

Trending