November 23, 2017

Investing in street youths, incubating bright ideas

Investing in street youths, incubating bright ideas... NAIJA INVEST

Generation Enterprise is an all-volunteer group of young community leaders working on four continents to realise one revolutionary vision:  Investing in street youths, incubating bright ideas, transforming communities. In 2009, it launched a pilot project in Lagos, the world’s fastest-growing megacity. Its business training and incubation programme, YouthBank, equipped homeless and unemployed youth to build viable, sustainable businesses that would allow them to leave gangs, prostitution, odd jobs, and criminal activity. Developed by Wharton and Oxford business students, McKinsey Consultants and Nigerian youth leaders, the organisation adapts lean start-up methodology from Silicon Valley to Lagos’ bottom-of-the-pyramid markets. The goal is…

Nigerians advised on writing of Will

IT has been disclosed that only one per cent of urban literate Nigerians write will, out of which 90 per cent of them are over 60 years. This revAelation was given by Mr. Rotimi Edu, a Lagos lawyer and insurance practitioner while delivering a lecture on Will and Testament: Tool for Estate Management, at a public forum recently in Lagos. Edu noted that writing of will was germane to peaceful transfer of wealth from parents to wards or children and other beneficiaries, but had been grossly under utilised due to some noxious traditional beliefs that must be discarded. He lamented…