Why Most Nigerians Lose Money Investing and How to Build Wealth the Right Way
Mon Feb 02 2026
Many Nigerians want to invest but keep losing money not because they’re careless, but because nobody explains investing in a way that fits this economy.
Inflation is rising.
Jobs are unstable.
Income is stretched.
Yet everywhere online, people are told to “save and invest” like it’s simple.
In this episode, Finance Girl shares her real experience of losing all her life savings, what went wrong, and how that painful mistake reshaped the way she thinks about personal finance, stocks, and investing in Nigeria.
This is not motivational money talk.
It’s a grounded conversation for Nigerians and Africans trying to understand:
why investing feels risky
why popular stocks don’t always mean good investments
how to start investing with small money
and how to think about wealth in an unstable economy
In this episode, we discuss:
Why most Nigerians lose money investing
Common investment mistakes beginners make
How inflation affects savings and investing in Nigeria
How to start investing in stocks with small money
Understanding risk appetite (low, medium, high)
Why “there is no perfect entry point”
How to build wealth the right way — without hype
Whether you’re a student, salary earner, young professional, or business owner, this episode will help you think about money more clearly.
Subscribe for honest conversations about money, business, and life in Africa.
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Many Nigerians want to invest but keep losing money not because they’re careless, but because nobody explains investing in a way that fits this economy. Inflation is rising. Jobs are unstable. Income is stretched. Yet everywhere online, people are told to “save and invest” like it’s simple. In this episode, Finance Girl shares her real experience of losing all her life savings, what went wrong, and how that painful mistake reshaped the way she thinks about personal finance, stocks, and investing in Nigeria. This is not motivational money talk. It’s a grounded conversation for Nigerians and Africans trying to understand: why investing feels risky why popular stocks don’t always mean good investments how to start investing with small money and how to think about wealth in an unstable economy In this episode, we discuss: Why most Nigerians lose money investing Common investment mistakes beginners make How inflation affects savings and investing in Nigeria How to start investing in stocks with small money Understanding risk appetite (low, medium, high) Why “there is no perfect entry point” How to build wealth the right way — without hype Whether you’re a student, salary earner, young professional, or business owner, this episode will help you think about money more clearly. Subscribe for honest conversations about money, business, and life in Africa.