Did you know? That the total money supply in a country includes current account deposits, savings, time deposits, foreign currency deposits, and cash outside banks.
#MoneySupply
#FinancialLiteracy
(1/10)
The average Nigerian family spends at least 8 years trying to own their home.
A typical Nigerian professional earns an average of ₦250,000 monthly and struggles to raise a down payment.
By the age of 45, most Nigerians begin to give up on the idea of owning a home.
It's time
Did you know?
A house that cost ₦10M in the year 2000, based on the dollar rate alone, would cost about:
₦14M in 2010
₦34M in 2020
₦151M in 2024
#GDLtalks
#HousingPalava
In 1990, Nigeria had a 63.9% home ownership rate, that rate has since dwindled to 25.5% as at 2020...
Here's where it gets even more alarming, when you consider that our population has significantly grown since then 🤯
Kilamashe bayiii o?
#GDLtalks
#HousingPalava
Does owning a home even matter?
On both small and grand scales, higher homeownership rates boost a country’s economy. Benefits include community stability, enhanced security, increased community participation, and more.
#GDLtalks
#HousingPalava
With high interest rates and naira devaluation, saving for a home in Nigeria is now more difficult than ever.
How long pesin go take save for house?
#GDLtalks
#HousingPalava
When it comes to improving homeownership rates:
• Botswana implemented modular social housing
• Norway, inclusive housing policy and
• Singapore had Government interventions, all these, amongs other things.
What do you think is the solution to Nigeria's dwindling
At GDL, we are actively forging an equal world. With 66% of our management staff made up of women, equality is not just a slogan but a lifestyle. We don't just preach it, we practice it.
Building a home in Nigeria is a marathon, not a sprint. 🏃🏽♂️💨
Many middle-class families spend up to a decade or even more trying to complete their houses.
How do we achieve homeownership with the rising costs of living. Let's discuss! 🏠💬
#GDLtalks
#HousingPalava
Some people view homeownership as a necessity, some a legacy to be passed on, ..., others as an impossibility. How do you view homeownership?
#GDLtalks
#HousingPalava
To stand a chance of winning:
• Answer the question and include
#GDL
• You have to be following us
• Retweet this post
• Get at least 5 of your friends to also follow us and retweet this post 😌
Terms and conditions apply
Winners will be contacted via DM.
#GDLCares
To reward our loyal customers, we will be giving:
• A lucky winner ₦10,000 to start or fund your GDL Money Market Account.
• 4 lucky winners ₦2,000 worth of recharge card.
@Elvisslimz
Kindly stay tuned to our page, we are set to launch our homeownership solution on the 28th of August. Please send a DM if you would like to be a part of the launch event.
At GDL, we believe that the children are the future and there's no better way to invest in them and their future than the GDL Smart Investment Account which gives you access to loans for all educational expenses.
Visit for more
#MerryChristmas
On this special day we say a big thank you to all men.
Thank you for your support, sacrifices and every other role you play. 💪🏾
Let's work together to create a world where every man can enjoy better health!
#InternationalMensDay
#mensday2020
We are hiring!
Does writing excite you?
When you hear tools do you think of your notepad, Google Docs or Grammarly?
You just might be who we are looking for.
Please send your CV + Portfolio to brandmarketing
@gdl
.com.ng
There are different palavas affecting housing in Nigeria,
• Inadequate savings,
• Bulk down payment,
• Limited sources of funding,
• Expensive residences
• Rising interest rates ...
What else did we miss here?
#HousingPalava
Ready to turn your homeownership dreams into reality? We’re inviting 10 lucky followers to the exclusive launch of GDL HouseMoni! Be the first to discover how our groundbreaking rent-to-own home finance product can help you achieve your homeownership goals.
To enter:
1. Follow
Who says you can't improve your financial knowledge when listening to music? 😆
Let's have some fun!
Which song is this 👉🏾 “Heart full of equity, you're an asset” ?
We sincerely appreciate the trust and confidence you have in us and our products. We assure you of our commitment to continuously serve you with INTEGRITY and JOY.
Happy Customer Service Week.
We love you!
#GDL
#CustomerServiceWeek
#CustomerServiceWeek2020
#DreamTeam
To our 𝙁𝙄𝙍𝙎𝙏 𝙁𝙄𝙉𝘼𝙉𝘾𝙄𝘼𝙇 𝙈𝘼𝙉𝘼𝙂𝙀𝙍𝙎 and 𝘿𝙀𝘼𝙍 𝙈𝙊𝙏𝙃𝙀𝙍𝙎, we wish you a very Happy Mother's Day!!!
We recognise and appreciate you for your love, sacrifices made, advices given and for always being there.
Happy Mother's Day.
#MothersDay
#MothersDay2021
Buying a company’s stock is like a journey. With one action, you have decided to trust an organisation, become part of it and share in its successes and failures.
#Stocks
As the year ends, it is vital to take stock. This includes reviewing financial decisions you made or didn't make, investment chances you took or missed, goals you met and didn't meet.
It's a new week and another great opportunity to invest in a better future.
Here's something to think about; What would be the value if you invested ₦10,000 monthly for 5 years?
Share your thoughts in the comments 👇🏾
#GDL
#MondayMotivation
#FinanceMonday
#InvestInYourself
2020 may have not turned out the way you wanted thus far but the rest of the year can still be filled with HOPE, JOY and BLISS.
Welcome to a season of 𝘚𝘏𝘈𝘙𝘐𝘕𝘎 and 𝘓𝘖𝘝𝘐𝘕𝘎.
Savings are an important part of your journey to financial freedom. It is necessary to have money to fall back on in case of emergencies.
If you have saved already, drop a 🙋🏾♀️or 🙋🏾♂️ in the comment section.
If you haven't wouldn't you consider starting?
#WorldThriftDay
'Beta house na moni build am' is an unending struggle for the average Nigerian 🏠
Saving up for a house or apartment takes time and sacrifice. But even with that, home loans often require huge down payments. 💸
#GDLtalks
#HousingPalava
To foster a balanced financial system, Nigeria must enhance consumer finance options, ensuring individuals and households can access the funds they contribute, to acquire the major things they need. (10/10)
One of the important factors to consider before investing is your risk tolerance.
Are you willing to aim for high returns even when there's a risk of failing or would you rather play it safe?
Tell us about your risk tolerance in the comments 👇🏾
#GDL
#FinancialLiteracy
@Habiansky
Kindly stay tuned to our page, we are set to launch our homeownership solution on the 28th of August. Please send a DM if you would like to be a part of the launch event.
Here's a fun fact:
The first paper currency was developed in the 7th Century during the Tang dynasty. They were a form of promissory note which merchants used to avoid the heavy bulk of copper coinage.
#GDL
#FunFacts
#FridayFun
#MoneyFacts
Think about it: Almost everything you buy you pay for in cash (fully funded). From laptops to cars, Nigerians rely heavily on cash transactions. Why? Limited consumer finance options! (6/10)
You need to be at the top of your game and maximise the resources you have to achieve optimal productivity.
Here are 3 tips you can follow 👇🏾
#GDL
#ProductivityHacks
#TipOfTheDay
The young do not know enough to be cautious, they take risks, attempt the impossible, and achieve it, generation after generation." - Pearl S. Buck
#NationalYouthDay
What are assets?
They are the valuable resources which an individual owns. It includes everything you possess that has some economic value, tangible or otherwise. Assets can be purchased, inherited, or transferred.
#WordOfTheDay
#Assets
#FinancialLiteracy
“You cannot love without giving.”
#TeamGDL
is not just about creating wealth but also about TRANSFORMING SOCIETY.
Take a look at some of the amazing humans of GDL who are about to put smiles on the faces of beautiful lives.
#humansofgdl
#CSR
#givingback
#love
#transformsociety
We have to rethink some of our sociocultural norms to understand why businesses fail for instance our gender biases - Mr Adedotun Sulaiman
#GDLConference2018
The power of continuous improvement cannot be overemphasized.
Increasing your financial knowledge is vital for your financial independence and books are one of the best avenues for that.
What's the last book you read on finance?
@FemiVersatile
Kindly stay tuned to our page, we are set to launch our homeownership solution on the 28th of August. Please send a DM if you would like to be a part of the launch event.
The year has definitely been filled with a lot of unexpected twists.
So, tell us, how much have you saved this year?
Not to worry, it's our little secret🤫
#WorldThriftDay
Which would you pick?
Piggy Bank — Cheap but vulnerable to "quick pickings."
Bank Account — At risk of "cut-throat" maintenance fee, SMS charge, stamp duty etc.
Smart Investment Account — Safe, yields interest, no maintenance fee, access to collateral free loans etc.
It's a new week!
Seize the day and make the most of every opportunity that comes your way.
Turn on your post notification so you don't miss out on all the good stuff and upcoming giveaway.
#GDL
#MondayMotivation
You have to earn to be able to invest. You also need to invest so you can earn more. They are a pair that go together in your journey to financial freedom.
So, tell us, Earning and Investment is like Bread and _______ 👇🏾👇🏾
Yes!!! Omo!!! E don enter!!!
Has any investment ever made you use those words with excitement?
Share with us in the comments an investment you made that was a massive success 👇🏾👇🏾
@Iam_Blancc
Kindly stay tuned to our page, we are set to launch our homeownership solution on the 28th of August. Please send a DM if you would like to be a part of the launch event.
Sending warm wishes to you and your family on this great and special day of celebration.
May you find joy, fulfillment, and abundant happiness in these times.
Happy Eid-El-Maulud!
#EidElMaulud
Helping you grow your wealth through unique financial solutions remains our priority.
We can't wait to partner with you on your financial journey.
Stay tuned to this space for more!
#GDL
#FinancialFreedom
#FinancialInvestment
Seasons Greetings!!!🎄
We went to the streets of Lagos and asked some great people about Christmas, what it means to them and how the year 2020 played out. Their responses ranged from gratitude to hilarious.
Watch and Enjoy.
Merry Christmas and a Happy New Year in advance.🥳
The interest are paid to those who have purchased the bond during the bond's term, or for as long as they hold the bond. When the bond matures, that is, when the term set for the bond expires, the company pay the bondholder the face value of the bond.