11/09/2025
Parents, Read This Before You Make the Same Money Mistake Many Nigerians Made...
Do You Know this?
Dangote, Otedola, Adenuga, Abdul Samad Rabiu… none of these men started from zero.
Their parents gave them capital and leverage. What you call “luck” is simply preparation by parents.
But the real question is: what are you preparing for your own children?
Now, let’s come back to this birthday money
First, understand your goal
You don’t want to just “save money” for your child. Saving money in a bank is good, but in Nigeria, inflation will finish the value. ₦100,000 today may buy only half basket of tomatoes in 10 years.
The real secret is: Don’t just save for your children, INVEST for them. That’s how rich families pass wealth across generations.
As a Financial Literacy Advocate, let me tell you a step-by-step guard, how you can copy the rich and build the same future for your children:
Step 1: Open a CSCS (Stockbroking) Account for your Child
Just like adults, children can own shares in Nigeria. You’ll need:
Child’s birth certificate
Passport photograph
Valid ID of the parent/guardian
Utility bill (for address confirmation)
Go to any licensed stockbroker (e.g., Investnaija by Chapel Hill Denhen, Meristem, CardinalStone, Greenwich
