• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result

Imagine Living Your Current Lifestyle Without A Salary

Nairametrics by Nairametrics
October 16, 2013
in Uncategorized
Share on FacebookShare on TwitterShare on Linkedin

Chike is a top management employee of a bank. He owns a house in Victoria Garden City and travels abroad with his family every year on summer vacation. He drives a Range Rover Sports while his wife drives a Honda Pilot and owns a shop at Ikota Shopping Complex. The shop is just to keep her busy so that she gets to leave the house in-between school runs. Their kids attend one of the most expensive schools in the Lekki area. In addition to a good pay package, Chike had access to staff loans at single digit interest rates. He was the shining light of his extended family. Then the unimaginable happened! The consolidation party ended and in came Lamido Sanusi as the new Governor of the Central Bank of Nigeria. His Managing Director was fired and sent to jail.

The devil’s alternative

Overnight, the future did not look as bright as before. Soon, his bank was acquired by another bank. Chike was called in by the new management and given a choice – the devil’s alternative as he called it. Take your benefits and leave or forfeit your benefits and start as a new hire with new conditions of service.

RelatedStories

Investing

Why the average Nigerian should consider investing rather than financial trading

March 17, 2024
family members, financial demands

Handling financial demands from extended family members

February 26, 2024

Chike was raving mad when he came to meet me for advice. He wanted to call it a day.

 Get the rest of the article here

Tags: Family FinancePersonal FinanceYour Money
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Related Posts

Investing
Financial Literacy

Why the average Nigerian should consider investing rather than financial trading

March 17, 2024
family members, financial demands
Financial Literacy

Handling financial demands from extended family members

February 26, 2024
Personal finance
Financial Literacy

A Guide for Nigerians on Managing Personal Finances in Turbulent Times

August 29, 2023
How inflation affect your personal finance
Economy

How inflation affect your personal finance

August 13, 2023
Personal finance
Financial Literacy

Personal finance tips for the month of August

July 31, 2023
Insurance, Personal finance
Financial Literacy

Why you should consider insurance in your personal finance

July 21, 2023
Next Post

Alert: Pharma-Deko Served Winding Up Order

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Doctors in Nigeria earn N11.9m, but FG will pay N40.8m in Saint Lucia – NMA calls out disparity
  • FG inaugurates National Credit Guarantee Company Board to boost MSME financing 
  • SEPLAT posts N13.5 billion in trades as All-Share Index eyes 121,000 level, mid-cap stocks shine 

Follow us on social media:

Recent News

Doctors calls for “Health Sector Development Bank” to stop health sector japa

Doctors in Nigeria earn N11.9m, but FG will pay N40.8m in Saint Lucia – NMA calls out disparity

July 4, 2025
FG inaugurates National Credit Guarantee Company Board to boost MSME financing 

FG inaugurates National Credit Guarantee Company Board to boost MSME financing 

July 4, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics