How to Build Wealth in Nigeria: The Role of Emotional Intelligence and Direct Debit

As we move through the dynamic landscape of Nigeria's financial market, from January 2025 to February 2025 as seen in Figure 1 below, which implies stable GDP growth at 3.84%, inflation significantly declined from 34.8% in December 2024 to 24.5% which is still high, exchange rate stabilization at ₦1,520/$, high interest rates at 27.5%, stock market NGX ASI is up 6.1% YTD, real estate and commodities remains a long-term hedge against inflation and strong foreign reserves is at $40B; One thing remains constant: the importance of income in wealth creation. Our income is the chief source of wealth creation, and how we manage it determines our financial future.