With an estimated population of over 200 million people, vast natural resources and hard-working citizens, Nigeria is blessed with successful set of billionaires, ultra-high net worth individuals and high net worth individuals. These individuals made their wealth in the course of their business endeavours, careers and investment opportunities; most of which could be classified as personal wealth.

The HNWis, UHNWIs and Billionaires in Nigeria cut across genders, ethnicities, professions and industries. These personalities are Business Owners, Industrialists, Influential Personalities, C-Suite Executives, Royalties, Celebrities, Oil Magnates and International investors.

Most CEOs, Managing Director, Executive Directors, Board Chairmen, General Managers, Independent Directors and Non-Executive Directors in major sectors such as the Financial Sector, Oil and Gas Sector, Agriculture and Mining Sector, Telecommunication Sector, Shipping and Logistics Sector, Conglomerates and Multinationals constitute the largest chunk of the High Net-Worth Individuals (HNWIs) in Nigeria. Others personalities are: Venture Capitalists, Internet Entrepreneurs, Tech Founders, Media Proprietors, A-List Celebrities, Top Musicians, Influencers, Politicians, Contractors, Professional Footballers and Athletes in Europe, Senior Advocate of Nigeria, Seasoned Chartered Accountants, Medical Practitioners, Engineers, Partners, Renowned Bank Executives, etc. Our independent research (OnYourPalm) shows that the HNWIs (in Dollars) in Nigeria are less than 50,000 people.

The wealthy group of people that constitute the Ultra High Net-Worth Individuals (UHNWIs) are mostly: Chief Executive Officers (CEOs), Board Chairmen, Directors, Oil Magnates, Entrepreneurs, Founders, Industrialist, Politicians, Contractors, Tech Founders, Venture Capitalists, etc. From our records (OnYourPalm), the UHNWIs in Nigeria are not more than 750.  

The Billionaires in Nigeria are usually into diverse businesses but most of them have Oil Exploration License, Majority Shareholding in Commercial Banks, Chairmen of Group of Companies, Seasoned Industrialists, Founders of Conglomerates, Politicians and Business Tycoons. Nigeria has less than 100 Billionaires (in Dollars).

OnYourPalm has the database and corporate contact details of the HNWIs, UHNWIs and Billionaires in Nigeria.

By working from home as Chief Executive Officer (CEO) while your children are around, it is best to deliberately let them know that you do more than talking on phone or work at the computer through the way you set strategic goals, lead a meeting or run business operations from home. You can also exhibit to them what it means to set targets, set boundaries, handle difficult situations and communicate effectively.

Forming a good work ethics at childhood has been proven to produce success as an adult. Do not wait till the future to start teaching your children how to build strong work ethics; there are plenty of skills and attributes you can cultivate today which can contribute to their future success.

Some of the attributes you can impart on your children as CEO or Entrepreneur of a company are:

1. Entrepreneurial Spirit: There is no better person to teach kids or children about entrepreneurship than an entrepreneurial or CEO parent. As often as possible, the children should be nurtured to thirst for knowledge by finding activities that offer a sense of discovery, either in a structured or unstructured environment. The children should be allowed to delve into subjects or topics that can encourage their curiosity. As CEO or entrepreneur, the children should be allowed to attend entrepreneurial events (when on holidays), attend mentorship and internship programs or introduced to people or business development experts that can create business out of their passion.   

2. Encourage Team Spirit: Let your children know that you work in a team and as a team player the corporate goal comes before emotions or sentiments in a corporate setting. Children should be made to realize that when you work as a team you achieve more.

3. Decision Making Abilities: Children should learn how to make good decisions as early in life as possible because children become overwhelmed by too many choices. As a CEO working from home whilst the children are around, encourage them to narrow down the options to two or three, thereafter a final decision can be made. Teach your children to weigh the pros and cons of each option in order to make the most informed decision possible. This will help them to make correct decisions in everyday life.

4. Delegation: Let the kids know that as CEO, your office requires you to delegate roles to members of your team as you cannot perform all the roles in the company. To effectively delegate roles or functions, the right person must be assigned to task that he or she can best perform. The children must be made aware that there are consequences or reward for staff base on their performances on their job.

5. Teach Project Planning Skills: Let your children know that every project or task have lifecycle, timeline and personnel to executive the project. Talk about the need for brainstorming section, documentation, project supervision and meeting deadlines.

According to Capgemini, High-Net-Worth Individuals (HNWIs) are defined as those having investable assets of $1 million (USD) or more in highly liquid assets, excluding primary residence, collectibles, consumables, and consumer durables. The highly liquid assets are cash and cash equivalents. The cash equivalents are Banker’s Acceptance, Commercial Papers, Treasury Bills and other investment that mature within three months.

With a liquid net worth of between $5 million to $30 million, such people are regarded as Very High Net Worth Individuals (VHNWIs).

The Ultra High Net Worth Individuals has liquid assets of $30 million and above. There are over 300,000 UHNWIs in the world

A billionaire is a person with a net wealth of a billion dollars. Billionaires make up a small and very elite club of powerful men and women in the world, who control enormous sums of money and its accompanying power and influence. The numbers of billionaires globally are over 2,000.

With the volatility of the Nigeria Naira compared with Dollar, to be regarded as a High Net Worth Individuals (HNWIs) in Nigeria by the year end of 2020, your investable or liquid net worth in Naira must be at least Five Hundred Million Naira (N500 million); at the rate of N500 to $1.  The Ultra High Net Worth Individuals (UHNWIs) would have a liquid net worth of over Fifteen Billion Naira (N15 billion) and for someone to be referred to as a Dollar Billionaire in Nigeria, his or her worth must be at least Five Hundred Billion Naira (N500 Billion).

— First and foremost, get a copy of Crested Business Directory (above image).

— From the Directory, ensure you open bank accounts for companies that does foreign exchange (FX) transactions through import and export of goods.

— From the Directory, ensure you open bank accounts for companies that have daily inflows from various distributors, agents and customers.

— From the Directory, ensure you open bank accounts for the high networth individuals (HNI)s, top corporate decision makers and other influencers you could identify from the Directory. Board members of top companies and business executives.

— When the corporate and/or personal bank accounts are opened for the top companies, top executives and HNIs, ensure you offer exceptional customer service and top notch relationship management to them.

— Ensure you leverage on your relationship with the HNIs and top executives of the companies for referrals to their network of friends and business associates.

— Finally, when you get promoted and motivated by your employer for your wonderful performance through the use of Crested Business Directory, ensure you give to the needy and less privileged in the society.

For further information on how to purchase Crested Business Directory, kindly call: Dele on 08033349685 or 08188531733.

We are open to discussion with any structured company or top corporate executive in providing leads generation and sales intelligence services.

We have vast years of experience in this chosen industry and are ready to provide our very rich database of HNIs/HNWIs, UHNWIs, Billionaires and top companies as resources to launch a global brand in sales intelligence or relationship capital.

We are the custodian of relevance sales intelligence resources about leading companies, key decision makers, distinguished c-suite executives, high networth individuals and Influential Personalities in Nigeria.

CEOs, Venture Capitalists, Business Development Directors, Tech Investors, Founders and private equity firms of interest can initiate talks with you.

Call Dele on 08033349685 or 08188531733

CRESTED BUSINESS DIRECTORY is the business book needed to unlock who and where the top companies and top executives in Lagos are located, especially companies in Lekki, Ikoyi, Lagos Island and Victoria Island. Aside the over 5,000 companies contained in the Directory, it also identified over 9,000 key decision makers / high networth individuals and their corporate designations. This one-minute video says it all.

For further details, call 08033349685 or 08188531733 or send email to: contacts@crestedconsulting.com

We have successfully completed a research work and have been able to create a comprehensive database of the leading companies and leading corporate decision makers / management staff in Nigeria.  

The research focuses on the high networth, upper class and upper middle class individuals in the corporate world; we refer to the chief executive officers, chief operating officers, chief finance officers, chief compliance officer, executive directors, non-executive directors, executive chairmen, co-founders, partners, managing partners, company secretaries, general managers, senior managers, managers, consultants, human resources managers, departmental heads and other strategic head of units. These are financially buoyant individuals that earn over Five Hundred and Fifty Billion Naira (N550,000,000,000) as personal income annually with a total net worth of over One Hundred and Forty Five Billion Dollars ($145billion).

These companies cut across various sectors such as: the multinationals, conglomerates, oil & gas, property & real estate, manufacturing, engineering, educational, insurance, investment banking, private equity, FCMG, agricultural, telecommunications, consulting, human resources, advertising, information technology, finance houses, banking, solid minerals, maritime, haulage, transportation, among other sectors.

Instagram is so huge because it is a platform for building a social network that connects people solely through visual elements, so it is a powerful way to capture and sustain attentions.

You might only be ignoring millions of potential customers by not joining this powerful social media platform. Take the tips you learned here and use them to start building your Instagram presence.

Your bottom line will be glad that you did.

1. It Helps To Connect and Effectively Engage With Customers

While most people think about sites like Facebook and Twitter when it comes to connecting with fans and engaging with customers online — you may be surprised to hear that Instagram has one of the most active and engaged user base.

 Instagram is the perfect platform to connect with customers, listen to their feedback, and build relationships through the conversations you are able to initiate. You can share a photo of a new product and ask people what they think, or give them a sneak peek of a new project and see if they have any input. 

What is better than having customers know you exist? How about the opportunity to engage with them on a daily basis? The fact is that people like to make their opinions known, especially if they like something, and Instagram is a platform for users to like, comment on and share their favorite posts. The more likes and comments you get, the more visible your company becomes. You can get more likes by taking high-quality photos, using local hashtags and partnering with other brands.

2. It Helps To Update People On Your Latest Offers and Promotions.

You can timely share photo updates about your business by sharing the latest activities or events that are happening in your business, such as: sales, product promotions and new collections. You can boost your sales with the use of popular hashtags like #sale #business #product. The use of hashtags will make it easier to find your campaign by users on Instagram.

3. It Helps To Generate Sales

Visual platforms like Instagram are doing more than just generating engagement, they are also driving sales. Creating professional-looking images to promote your products and highlight your services has never been easier or more affordable with the use of Instagram.

Be careful not to fill your feed with product photos with the same caption asking people to “buy now” or “shop online.” Instead, look for creative ways to display your products and let your images speak for themselves.

4. Instagram Offers Ads.

Similar to Facebook, business accounts on Instagram have the option of paying to promote their content. This practice is very beneficial, especially considering the statistics that demonstrate how receptive Instagram’s audience is to these types of advertisements.

Another benefit to advertising on Instagram is that the ads are capable of being highly targeted based on a user’s location, age, gender or interests. Businesses can also include links in their promoted posts, enabling users to click to learn more about them. Businesses are also able to feature ads in their stories.

5. It Helps To Reach New Audiences

Instagram makes it easy to discover new photos, new people, and new businesses. One of the ways that people discover new content on Instagram is through hashtags. Similar to other social platforms, when someone includes a hashtag in a post on Instagram, a link is created and you can view all of the photos that have been shared using that hashtag.

You can also use hashtags to pro-actively find potential customers.

Open Letter To Fela Durotoye, Omoyele Sowore and Kingsley Moghalu

1. This Letter is intended to convey my candid opinion and the sampled views of selected politically conscious youths.
2. The main objective of this letter is to encourage Mr. Fela Durotoye, Mr. Omoyele Sowore, Prof. Kingsley Moghalu and other competent youthful presidential aspirants to suspend their presidential ambitions till 2023; for a more prospecting and/or certain electoral office in 2019, such as: Senate, House of Representative, House of Assembly and local government Chairmanship.
3. I write this letter as a friend, a youth, a supporter, a realist and a strategist.
4. I am not in any political party and I do not intend to vote for any nonperforming politician in 2019; especially the APC and PDP politicians. But I want competent and tested youths to position themselves for the highest position in 2023; though the Nigerian youths have not done enough to fully take charge in 2019.
5. In relative terms, most of the aspiring youths have the competence, capacity, capability, composure and charisma of a leader; and indeed some of the prerequisites to be the President, Governor, Senator, Honourable or local government Chairman in Nigeria.
6. The chances of winning a Senatorial or House of Representative or House of Assembly seat as a new entrant in the Nigeria political scene is far higher than when you want to contest for the presidency seat at your first shot.
7. Apart from funds, logistics, personnel, electoral bottlenecks and other political intrigues, the leading youth aspirants do not have enough political experience to govern, lobby and manage the political gladiators and the Nigerian citizens. In governance, political experience outweighed the corporate or street experience.
8. A four year experience in the legislative chamber in order to understand bureaucratic processes and structures of government is worth more than million dollar cash. As such, it should be seen as an essential training period to prepare you for the presidency in 2023.
9. The four years period will give you the opportunity to have more practical knowledge about the workings in the Legislative, Judiciary and Executive arms of government. It would also expose you to loopholes and opportunities in Nigeria economy, mistakes of the past and how to correct them, and information about International Diplomacy.
10. Four years as a legislature will further serve two purposes. One, you will know more about real governance and politics. Two, you will be able to sell yourself more to the people — your constituents and the larger society, through your sponsored bills, facilitated projects, contributions on the floor of the house and your feedback mechanism to the society.
11. With the passion, strategies and awareness created in the last 18 months, Fela Durotoye, Omoyele Sowore and Kingsley Moghalu have what it takes to easily unseat any of the 109 senators in Nigeria; especially the senators representing Lagos State (Sen. Remi Tinubu, Sen. Gbenga Ashafa and Sen. Adeola Yayi) because that is where most of their supporters are domiciled.
12. With the campaign and awareness created by you (Fela Durotoye, Omoyele Sowore and Kingsley Moghalu), you don’t have to be a member of the APC or PDP before you can win as a Senator, House of Reps or House of Assembly member. Most Nigerian youths are proud of you because you have fantastically exhibited the Nigerian spirit through your strides.
13. So, your performance as a Senator or Honourable will be your selling point as you prepare to contest for the presidency in 2023.
14. As a way to be known beyond your constituency when elected as a Senator or Honourable, you can begin a monthly feedback or world press conference or town hall sessions where you inform Nigerians about your perception or alternative solutions to government policies. Through such gesture, Nigerians and the world would know more about you and your acceptance rate might rise.
15. There are over 1000 political offices to be contested for in 2019: Presidency (1), Senate (109), House of Rep (360), House of Assembly (over 774). Governorship (30). So, this is an opportunity for the Nigerian youths to position themselves and grab the opportunities that are open in this election window.
16. So, I encourage Fela Durotoye, Omoyele Sowore and Kingsley Moghalu to pick up the Senate or House of Representative nomination form from their Political Parties and submit same before INEC’s deadline.
17. ONCE MORE, FELA DUROTOYE, OMOYELE SOWORE AND KINGSLEY MOGHALU, YOU HAVE BETTER CHANCES OF WINNING AS A SENATOR, HOUSE OF REPRESENTATIVE OR HOUSE OF ASSEMBLY THAN WINNING AS A PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA IN 2019 BASED ON THE FACTORS MENTIONED ABOVE AND OTHER NUMEROUS FACTORS.
18. I look forward to address these gentlemen as Senators in 2019 and anyone of them as President of the Federal Republic of Nigeria in 2023.