Feature/OPED
Investment and Retirement: The Nigerian Story (A Conversational Series)
Anchoria Asset Management had its second edition of the Financial Fitness Chat on LinkedIn on October 14, 2020.
The topic of the chat session- Investment and Retirement: The Nigerian Story, provided participators with a one-on-one assessment and answers to questions pertaining to retirement and long term investment plats.
The Financial Fitness Chat session helped participants understand the principle of planning for retirement which revolves around knowing what short term goals are vis-a-vis retirement goals.
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:
Typically, investment plans for retirement should be low risk, I am curious about what your investment management strategies are?
The strategies are client dependent as we are in all in different life stages. Whilst investment plans for retirement are low risk, one can create a portfolio with mixed risk pre-retirement.
It might not be a popular opinion, one would have thought investing in real estate will secure a peaceful retirement. But with new land charges, tariffs and unplanned governmental charges (at lease in Nigeria), is real estate viable as a retirement plan?
Real estate may not qualify as a standalone because of its illiquid nature hence diversification of assets is advisable.
What investment can a Nigeria in diaspora invest in towards long term plan like retirement and business investment?
The investment plan for retirement is a holistic one that considers personal circumstance i.e. age, the number of dependents, current income earn, projected income growth to determine how best to position investment portfolio. One thing to remember is that ‘the younger one is, the more risk aggressive one can be and the older one is the more risk-averse one should be.
Good morning team… Honestly, I can’t wait for the session to start because I’m really anticipating and I want a clarification on these issues.
- I have a pension scheme I am running now, is it possible for me to switch?
- How often will I be receiving interest on the pension fund?
- When can I have access to the fund?
Thanks as I await your response
Thank you so much for the questions
On the first question, the National Pension Commission (PenCom) had earlier announced an opening of the transfer window for June 2020. However, at the moment, the window for transfer is not yet open.
Secondly, your pension contribution is handled like a unitized scheme i.e. you get in at a certain price and determine your return based on the current day price.
With regards to the final question, the instances are 4 months without a job subject to a maximum 25 per cent, attaining the age of 50 with proof you are no longer in service and relocation.
Thank you. Now, these are, as you said, individual-related. How about external factors that an individual has no influence over? Regulatory factors, etc.
You can only plan around external factors but there is no accurate predictor of what the external factor can be. I mean no one predicted Corona Virus and its effects on investment.
What an investor needs to do is to diversify your portfolio in a way that allows for flexibility when the need arises hence re-evaluation of a portfolio is done at least annually.
Will my pension be enough to see me through?
This depends on how much you have put away. Like farming, the more seeds you plant the better or plenteous your harvest should be.
General knowledge session
This engagement is really around saving for retirement. When does anyone need to start saving for retirement – NOW!!! There is no time like the present to start working towards the sort of retirement you envisage. Everyone who gets any flow of fund either as a student, a Youth Corp member or a young worker can begin their plan for retirement immediately. You do not require loads of cash to begin only zeal and discipline to constantly put money aside.
Things to consider for retirement planning are circumstances peculiar to an individual such as:
- Age
- Number of dependents
- Stage in career
- Business ownership
- Living with disability
How long before retirement?
Typically, investors with more than 15-20 years should have more risky portfolios than clients with less than 10 years.
It is good to employ the services of an expert especially if you do not have the required knowledge. However, you must always make it a point of duty to get your portfolio statement at least every quarter to keep abreast of happenings. Also, I know that many people are fixated on returns but please do not gamble with your retirement benefits.
This advice is for retirees or those close to retirement in less than one year – Do not invest in a business that you do not understand the full cycle of the business. You are better off sticking to what you know or otherwise let a financial advisor guide you through investing in financial instruments.
Make it a habit to put away money in registered schemes and really this is just to safeguard your funds Like the old saying – Little drops of water make a mighty ocean in due time. Financial Planning is very important for retirement planning. Your wealth creation partner is also very important Discipline to stick to the investment plan is perhaps most important Prudent Living.
You can also invest in startup companies of family and friend but always ensure that your engagements are legalised and where necessary appropriate collaterals are provided.
Also, remember that your retirement doesn’t begin and end in one day. It means from retirement to the rest of your life, so you want to plan for the sort of lifestyle that you want. It’s always to reduce spending to purely basic needs for self and possibly partner.
You may also get insurance to enhance your return position.
At Anchoria Asset Management Limited, we are committed to partnering with you along your wealth creation journey. Our access to various investment options makes us a viable partner to handle your investment solutions.
As we countdown to the end of another session, I will like to note the following:
- You can invest from your monies as long as they come periodically i.e. weekly, monthly and quarterly.
- Everyone should work on financial fitness as long as you can afford a phone and data; it’s like exercise, difficult at the beginning but beneficial into the future. More importantly, it gives you freedom.
Thank you for the time spent. I do not take it for granted. Please be safe (Health and otherwise) You can drop your question still. Have a beautiful day and a nice rest of the week.
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.
Feature/OPED
How Christians Can Stay Connected to Their Faith During This Lenten Period
It’s that time of year again, when Christians come together in fasting and prayer. Whether observing the traditional Lent or entering a focused period of reflection, it’s a chance to connect more deeply with God, and for many, this season even sets the tone for the year ahead.
Of course, staying focused isn’t always easy. Life has a way of throwing distractions your way, a nosy neighbour, a bus driver who refuses to give you your change, or that colleague testing your patience. Keeping your peace takes intention, and turning off the noise and staying on course requires an act of devotion.
Fasting is meant to create a quiet space in your life, but if that space isn’t filled with something meaningful, old habits can creep back in. Sustaining that focus requires reinforcement beyond physical gatherings, and one way to do so is to tune in to faith-based programming to remain spiritually aligned throughout the period and beyond.
On GOtv, Christian channels such as Dove TV channel 113, Faith TV and Trace Gospel provide sermons, worship experiences and teachings that echo what is being practised in churches across the country.
From intentional conversations on Faith TV on GOtv channel 110 to true worship on Trace Gospel on channel 47, these channels provide nurturing content rooted in biblical teaching, worship, and life application. Viewers are met with inspiring sermons, reflections on scripture, and worship sessions that help form a rhythm of devotion. During fasting periods, this kind of consistent spiritual input becomes a source of encouragement, helping believers stay anchored in prayer and mindful of God’s presence throughout their daily routines.
To catch all these channels and more, simply subscribe, upgrade, or reconnect by downloading the MyGOtv App or dialling *288#. You can also stream anytime with the GOtv Stream App.
Plus, with the We Got You offer, available until 28th February 2026, subscribers automatically upgrade to the next package at no extra cost, giving you access to more channels this season.
Feature/OPED
Turning Stolen Hardware into a Data Dead-End
By Apu Pavithran
In Johannesburg, the “city of gold,” the most valuable resource being mined isn’t underground; it’s in the pockets of your employees.
With an average of 189 cellphones reported stolen daily in South Africa, Gauteng province has become the hub of a growing enterprise risk landscape.
For IT leaders across the continent, a “lost phone” is rarely a matter of a misplaced device. It is frequently the result of a coordinated “snatch and grab,” where the hardware is incidental, and corporate data is the true objective.
Industry reports show that 68% of company-owned device breaches stem from lost or stolen hardware. In this context, treating mobile security as a “nice-to-have” insurance policy is no longer an option. It must function as an operational control designed for inevitability.
In the City of Gold, Data Is the Real Prize
When a fintech agent’s device vanishes, the $300 handset cost is a rounding error. The real exposure lies in what that device represents: authorised access to enterprise systems, financial tools, customer data, and internal networks.
Attackers typically pursue one of two outcomes: a quick wipe for resale on the secondary market or, far more dangerously, a deep dive into corporate apps to extract liquid assets or sellable data.
Clearly, many organisations operate under the dangerous assumption that default manufacturer security is sufficient. In reality, a PIN or fingerprint is a flimsy barrier if a device is misconfigured or snatched while unlocked. Once an attacker gets in, they aren’t just holding a phone; they are holding the keys to copy data, reset passwords, or even access admin tools.
The risk intensifies when identity-verification systems are tied directly to the compromised device. Multi-Factor Authentication (MFA), widely regarded as a gold standard, can become a vulnerability if the authentication factor and the primary access point reside on the same compromised device. In such cases, the attacker may not just have a phone; they now have a valid digital identity.
The exposure does not end at authentication. It expands with the structure of the modern workforce.
65% of African SMEs and startups now operate distributed teams. The Bring Your Own Device (BYOD) culture has left many IT departments blind to the health of their fleet, as personal devices may be outdated or jailbroken without any easy way to know.
Device theft is not new in Africa. High-profile incidents, including stolen government hardware, reinforce a simple truth: physical loss is inevitable. The real measure of resilience is whether that loss has any residual value. You may not stop the theft. But you can eliminate the reward.
Theft Is Inevitable, Exposure is Not
If theft cannot always be prevented, systems must be designed so that stolen devices yield nothing of consequence. This shift requires structured, automated controls designed to contain risk the moment loss occurs.
Develop an Incident Response Plan (IRP)
The moment a device is reported missing, predefined actions should trigger automatically: access revocation, session termination, credential reset and remote lock or wipe.
However, such technical playbooks are only as fast as the people who trigger them. Employees must be trained as the first line of defence —not just in the use of strong PINs and biometrics, but in the critical culture of immediate reporting. In high-risk environments, containment windows are measured in minutes, not hours.
Audit and Monitor the Fleet Regularly
Control begins with visibility. Without a continuous, comprehensive audit, IT teams are left responding to incidents after damage has occurred.
Opting for tools like Endpoint Detection and Response (EDR) allows IT teams to spot subtle, suspicious activities or unusual access attempts that signal a compromised device.
Review Device Security Policies
Security controls must be enforced at the management layer, not left to user discretion. Encryption, patch updates and screen-lock policies should be mandatory across corporate devices.
In BYOD environments, ownership-aware policies are essential. Corporate data must remain governed by enterprise controls regardless of device ownership.
Decouple Identity from the Device
Legacy SMS-based authentication models introduce avoidable risk when the authentication channel resides on the compromised handset. Stronger identity models, including hardware tokens, reduce this dependency.
At the same time, native anti-theft features introduced by Apple and Google, such as behavioural theft detection and enforced security delays, add valuable defensive layers. These controls should be embedded into enterprise baselines rather than treated as optional enhancements.
When Stolen Hardware Becomes Worthless
With POPIA penalties now reaching up to R10 million or a decade of imprisonment for serious data loss offences, the Information Regulator has made one thing clear: liability is strict, and the financial fallout is absolute. Yet, a PwC survey reveals a staggering gap: only 28% of South African organisations are prioritising proactive security over reactive firefighting.
At the same time, the continent is battling a massive cybersecurity skills shortage. Enterprises simply do not have the boots on the ground to manually patch every vulnerability or chase every “lost” terminal. In this climate, the only viable path is to automate the defence of your data.
Modern mobile device management (MDM) platforms provide this automation layer.
In field operations, “where” is the first indicator of “what.” If a tablet assigned to a Cape Town district suddenly pings on a highway heading out of the city, you don’t need a notification an hour later—you need an immediate response. An effective MDM system offers geofencing capabilities, automatically triggering a remote lock when devices breach predefined zones.
On Supervised iOS and Android Enterprise devices, enforced Factory Reset Protection (FRP) ensures that even after a forced wipe, the device cannot be reactivated without organisational credentials, eliminating resale value.
For BYOD environments, we cannot ignore the fear that corporate oversight equates to a digital invasion of personal lives. However, containerization through managed Work Profiles creates a secure boundary between corporate and personal data. This enables selective wipe capabilities, removing enterprise assets without intruding on personal privacy.
When integrated with identity providers, device posture and user identity can be evaluated together through multi-condition compliance rules. Access can then be granted, restricted, or revoked based on real-time risk signals.
Platforms built around unified endpoint management and identity integration enable this model of control. At Hexnode, this convergence of device governance and identity enforcement forms the foundation of a proactive security mandate. It transforms mobile fleets from distributed risk points into centrally controlled assets.
In high-risk environments, security cannot be passive. The goal is not recovery. It is irrelevant, ensuring that once a device leaves authorised hands, it holds no data, no identity leverage, and no operational value.
Apu Pavithran is the CEO and founder of Hexnode
Feature/OPED
Daniel Koussou Highlights Self-Awareness as Key to Business Success
By Adedapo Adesanya
At a time when young entrepreneurs are reshaping global industries—including the traditionally capital-intensive oil and gas sector—Ambassador Daniel Koussou has emerged as a compelling example of how resilience, strategic foresight, and disciplined execution can transform modest beginnings into a thriving business conglomerate.
Koussou, who is the chairman of the Nigeria Chapter of the International Human Rights Observatory-Africa (IHRO-Africa), currently heads the Committee on Economic Diplomacy, Trade and Investment for the forum’s Nigeria chapter. He is one of the young entrepreneurs instilling a culture of nation-building and leadership dynamics that are key to the nation’s transformation in the new millennium.
The entrepreneurial landscape in Nigeria is rapidly evolving, with leaders like Koussou paving the way for innovation and growth, and changing the face of the global business climate. Being enthusiastic about entrepreneurship, Koussou notes that “the best thing that can happen to any entrepreneur is to start chasing their dreams as early as possible. One of the first things I realised in life is self-awareness. If you want to connect the dots, you must start early and know your purpose.”
Successful business people are passionate about their business and stubbornly driven to succeed. Koussou stresses the importance of persistence and resilience. He says he realised early that he had a ‘calling’ and pursued it with all his strength, “working long weekends and into the night, giving up all but necessary expenditures, and pressing on through severe setbacks.”
However, he clarifies that what accounted for an early success is not just tenacity but also the ability to adapt, to recognise and respond to rapidly changing markets and unexpected events.
Ambassador Koussou is the CEO of Dau-O GIK Oil and Gas Limited, an indigenous oil and natural gas company with a global outlook, delivering solutions that power industries, strengthen communities, and fuel progress. The firm’s operations span exploration, production, refining, and distribution.
Recognising the value of strategic alliances, Koussou partners with business like-minds, a move that significantly bolsters Dau-O GIK’s credibility and capacity in the oil industry. This partnership exemplifies the importance of building strong networks and collaborations.
The astute businessman, who was recently nominated by the African Union’s Agenda 2063 as AU Special Envoy on Oil and Gas (Continental), admonishes young entrepreneurs to be disciplined and firm in their decision-making, a quality he attributed to his success as a player in the oil and gas sector. By embracing opportunities, building strong partnerships, and maintaining a commitment to excellence, Koussou has not only achieved personal success but has also set a benchmark for future generations of African entrepreneurs.
His journey serves as a powerful reminder that with determination and vision, success is within reach.
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