Man’s got to be hot!

Man’s got to be hot!

You’ve seen Baba Seyi almost every day since you moved to your new street. Each time you see him, you silently ask yourself where his children are. At over 70-years-old, Baba Seyi is living in penury.

How could a man so well-spoken and so educated live in a one-room apartment with barely enough food for a three-square meal you wonder. When John, your oversabi neighbor who is always looking for opportunities to share gossip told you Baba Seyi worked 15 years in a bank, your mouth stayed open in shock for 20 minutes.

You pity this old man but inside, you reject his fate.

You want to be like Mr. Femi Wole – that equally older dude who lives near your younger sister’s fiancé in Lekki. The old guy had retired but is balling like kilode. He even just returned from a one-month holiday in the Bahamas and is planning a welcome party. That guy is living the life.

You so badly want to live the life when you get to his age. “Haba, ‘man’s got to be hot’ even in old age na”.

But when you think of the human hair you often have to buy for bae, the car loan you need to pay back, the new suits you buy from that Instagram vendor with every new stock arrival, your constant upgrade of mobile phone to the latest edition, your weekend splurge with the boys and the subscription to the most expensive DSTV bouquet  (that you really don’t need) monthly, that little mocking voice within screams “Man’s not hot” .

When you hear that sentence, you cringe. Whether someone says it to another in passing, or you see it written somewhere or even hear it in a song – it just serves as a reminder that you have no plans for your tomorrow.

You know you need a plan, so you decide to ask Mr. Femi, the happening retiree the way to go. He tells you he not only had a Retirement Savings Account (RSA) when he was young, he also cut down on too much frivolities just, so he could make Additional Voluntary Contributions (AVC) to his retirement account. You thank him, nod your head and smile.

Finally, you have the secret to a balling life. You open and enter your gate with a swagger, laughing out loud not minding that Mallam Aliyu, your gateman was staring at you like you need a trip to ‘Yaba left’.

You turn to him, give him a wave and say under your breath “Man’s hot today but man’s tomorrow will definitely be hot”. Then just to make sure that annoying little voice heard you, you say it one more time – this time louder.

The next day, you reach out to your Pensions Fund Administrators with only one goal- to start making consistent additional contributions to your Retirement Savings Account.

Ah, tomorrow is sure looking good!

 

Let’s make your tomorrow look good. Get in touch with us via 0700 CALL ARM or email [email protected]

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In the news: NSE’s indices soar by N370 billion

In the news: NSE’s indices soar by N370 billion

PUNCH

Manufacturing index hit 56.3 points in February – CBN

The Central Bank of Nigeria’s manufacturing Purchasing Managers’ Index hit 56.3 index points in February, the CBN’s PMI survey report showed on Wednesday.

MTN eyes $5.2bn NSE listing in July

MTN Group plans to list its Nigerian unit worth $5.23bn by July in a debut Initial Public Offer on the Nigeria Stock Exchange and will raise fresh funds to reduce debt, according to pre-IPO presentation seen by Reuters.

Again, CBN warns against investment in Bitcoin, others

The Central Bank of Nigeria on Wednesday cautioned Nigerians to be wary of investments in cryptocurrencies, stating that virtual currencies were not legal tender in the country.

SEC’s free e-dividend registration ends

The free e-Dividend registration exercise for shareholders of publicly-quoted companies in Nigeria has finally ended.

$2bn needed to revive Lagos-Kano rail line – Osinbajo

Vice-President Yemi Osinbajo on Wednesday said Nigeria would need $2bn (N610bn) to revive the Lagos-Kano rail line as part of efforts to boost local and international trade along the northern and southern zones.

Nigerians are getting poorer, says IMF

Nigeria’s people are getting poorer despite the country’s slow recovery from recession and economic reforms are urgently needed, the International Monetary Fund has said.

THE NATION

Nigeria gas reserves up by 4.067tcf, says NNRC

Nigeria‘s natural gas re-serves have risen by 4.067 trillion cubic feet (tcf) from 187.998tcf in 2014 to 192.065tcf in 2015, the Nigerian Natural Resource Chapter (NNRC) has said.

Shrinking oil demand: SPE calls for investment in renewables

As global demand for fossil fuels begins to dwindle, Nigeria needs to increase its investments in renewable energy, the Society of Petroleum Engineers (SPE), Nigeria Council, has advised.

Africa Prudential, United Capital declare N2.9b dividend

Shareholders of Africa Prudential (APR) Plc and United Capital Plc will receive N2.9 billion as total dividend payout for the immediate past business year.

THISDAY

Seplat Recovers from Loss, Posts N81bn Profit After Tax

Seplat Petroleum Development Company Plc thursday announced its audited results for the year ended December 31, 2017, showing a recovery from the loss posted in 2016.

CBN Urges Risk Managers to Support Economic Growth

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has advised risk managers in the country to ensure that their activities in their respective institutions support government’s efforts towards achieving sustainable growth.

Over 100 Foreign, Local Firms Bid for Ibom Deep Seaport

Following the increased interest by the federal government, more than 100 local and foreign companies have reportedly indicated interest in the development of the Ibom Deep Seaport in Ibaka, Mbo Local Government Area of Akwa Ibom State.
THE GUARDIAN

CBN disburses smaller naira notes to traders to end scarcity

To check rising inflation, the Central Bank of Nigeria (CBN), Tuesday began the disbursement of smaller naira notes to traders in order to improve the circulation of N5, N10, N20, and N50 in the market.

NSE’s indices soar by N370 billion

Ahead of the full year result of listed companies, investors increasing demand for fundamentally sound dividend paying stocks, coupled with high expectations of improved dividend yield, yesterday, buoyed transactions on the trading floor of the Nigeria Stock Exchange (NSE), as market capitalisation soared significantly by N370 billion.

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