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From ₦40K Salary To Homeowner at 21: See How This Young Nigerian Did It.
Published
6 months agoon
By
Editor
Many young Nigerians dream of financial independence, but few achieve it early. One young entrepreneur, however, turned his first ₦40,000 salary into homeownership by 21. No shortcuts, no rich parents, just strategy, discipline, and smart decisions.
Isaac Oladipupo, a young Nigerian, recently shared his journey on Founders & Fortunes, breaking down the exact steps he took to build wealth at a young age. His story is not just empowering, it is a practical guide for anyone ready to take control of their financial future.
From Struggles to Success
Isaac grew up in Lagos in a home where things were once comfortable. Then everything changed. His father lost his job, and his family had to sell nearly everything to survive. One moment, there was stability. The next, uncertainty. But instead of accepting struggle as his future, he watched his mother turn nothing into something by starting a small business. That lesson stuck with him. He realized that when life gets tough, you can either give up or fight back. He chose to fight back.
At 18, he wrote and published his first book, which led to his first job at Genevieve Magazine. The salary was ₦40,000, but instead of spending recklessly, he saved. That simple decision set him apart.
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Lessons That Changed Everything
Start where you are. Isaac had no money or connections, but he had skills. His writing landed him a job, and that job opened doors. You don’t need the perfect opportunity, just a willingness to start.
Master the art of saving. Most people wait to earn more before saving, but Isaac did the opposite. He saved 50 percent of his income, even when it was tough. When his salary doubled within a year, he still maintained his saving habit instead of upgrading his lifestyle.
Leverage relationships and side hustles. Working at Genevieve Magazine allowed him to meet influential people. Instead of just admiring them, he turned those connections into opportunities. He registered a company, started handling PR for celebrities, and launched a blog that earned money through Google Adsense.
Invest in things that grow. At 21, while his peers were buying cars and spending on lifestyle upgrades, Isaac made a bold move. He took everything he had saved, added his side hustle earnings, and invested in real estate. That single decision became the foundation of his long-term financial stability.
On Founders & Fortunes, he shares the full story, breaking down every step so young Nigerians can learn and apply the same principles to their own lives. If you are looking for a clear path to financial independence, this is a must-watch.
📺 Watch the Full Interview Here: [https://youtu.be/MgXb8cwfEAk]
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News
How Becoming Bank Manager At 27 Changed My Life, Tony Elumelu Urges Trust In Africa’s Youths
Published
23 minutes agoon
August 29, 2025By
Editor
Prominent African businessman and philanthropist, Tony Elumelu, has reflected on the defining moment of his early career when he was appointed a bank branch manager at just 27 years old.
In a post shared on his LinkedIn page on Tuesday, Elumelu recounted how his appointment at AllStates Trust Bank changed the trajectory of his life and shaped his passion for empowering young people.
“When I was 27, I was given the opportunity of a lifetime: I became a branch manager at AllStates Trust Bank, a young bank in Nigeria.
“Banking was beginning to change the country, it was the sector to be in, ripe for transformation, ready for disruption, for democratisation.
READ ALSO:EFCC Arraigns Six Katsina Revenue, Bank Workers Over N1.2bn Fraud
“At that time, few believed a 27-year-old could successfully lead a bank branch. But that opportunity changed the entire course of my life.
“It gave me confidence. It gave me a platform. Most importantly, it gave me perspective,” he wrote.
Elumelu, who is the founder of the Tony Elumelu Foundation and chairs Heirs Holdings and United Bank for Africa, noted that his journey began not with financial capital but with trust.
His post continued, “That’s why today, I am passionate about giving young people the same chance I was given. Because I know what’s possible when someone believes in you early.
“This belief is at the heart of everything we do at The Tony Elumelu Foundation. It’s why we invest in young African entrepreneurs – because someone once invested in me.
READ ALSO:EFCC Arraigns Bankers, Accomplices For Alleged N8.5bn Fraud
“My journey didn’t begin with capital. It began with trust. Let’s keep believing in Africa’s youth. They are ready to lead, grow and transform our continent.”
In a follow-up post on X on Friday, the business leader further highlighted three lessons from his experience as a young bank manager.
“Shared recently on my LinkedIn page how I became a bank manager at just 27. I got a lot of questions. One stood out: How could someone so young handle such responsibility?
“Many doubted a young man could lead a bank branch. That chance changed the entire course of my life,” he wrote.
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Outlining the lessons from his journey, Elumelu wrote, “Lesson 1: Age is not a barrier. If you can execute, are hungry to learn, and committed to results — you can lead at any age. Leadership is about clarity of vision and that discipline to execute.
“Lesson 2: The most powerful capital is trust. My journey didn’t start with money — it started with trust. Trust was the seed that propelled everything else. Give young people trust, and they will surprise you. I was trusted, I repaid that trust.”
In the third lesson, Elumelu explained why perspective matters in leadership.
He wrote, “Leadership is not about doing everything yourself. It is about empowering, setting direction, and providing clarity. The sooner you learn this, the faster you grow.
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“That’s why today, I am passionate about giving young people the same chance I was given. Cascading luck. Catalysing opportunity.”
Elumelu said these principles continue to drive his commitment to youth empowerment through his foundation.
“It is the reason we invest in Africa’s youths at the #TonyElumeluFDN, because someone once invested in me,” he wrote.
“My story is proof that when we trust in our youths, they are ready to lead, grow, and transform our continent. Let’s keep believing in Africa’s youths,” he concluded.

Human rights lawyer, Festus Ogun, has filed a lawsuit against Lagos State Governor, Babajide Sanwo-Olu, at the Federal High Court in Lagos for allegedly violating his fundamental rights by blocking him on his verified X (formerly Twitter) account.
In the suit marked FHC/L/CS/1739/25, which was shared by Ogun on Friday via his facebook page, he said the governor’s decision to block him since 2021 was triggered by his “constructive criticisms” and “demand for accountability” over the October 2020 #EndSARS killings.
“In 2021, I noticed that the Governor blocked me on his official X handle @jidesanwoolu owing to my constructive criticisms of his policies and demand for accountability in respect of the October 2020 #EndSARS Massacre,” Ogun wrote.
According to him, being blocked has deprived him of access to vital information.
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“Blocking me on X has prevented me from accessing public updates and receiving information about policies and governance in Lagos, which constitutes a violation of my right to receive information without interference,” he said.
In his originating summons cited by The PUNCH, the lawyer asked the court to declare the action unconstitutional, arbitrary, and discriminatory.
According to the lawsuit, Ogun said he sought “a declaration that, as a democratically-elected public office holder in Nigeria, the Respondent (@jidesanwoolu)’s blocking of the Applicant (@mrfestusogun), a citizen of Nigeria and resident of Lagos State, on X (formerly ‘Twitter’) is wrongful, unconstitutional, arbitrary and constitutes a gross.”
He further prayed the court to compel Sanwo-Olu to unblock him, issue a public apology, and stop targeting critics online.
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“An order of perpetual injunction restraining the Respondent, his agents, privies or any other person or entity acting through or on his behalf, from further blocking the Applicant on X or any other social media platform,” the suit read.
Ogun, who described himself as “haunted, traumatised and emotionally disturbed,” stressed that the matter went beyond his personal grievance. “This suit is not just about me. I have filed this lawsuit in furtherance of public interest and with the hope that it sets a precedent in our digital rights jurisprudence,” he said.
The lawyer also invited the court to take guidance from a 2019 ruling in the United States.
“I invited the Nigerian court to be persuaded by the decision of the US District Court in Knight First Amendment Institute v Trump where President Trump was found to be in violation of the 1st Amendment when he blocked US citizens for criticising him on Twitter,” he stated.
Ogun argued that intolerance to opposing views undermines democracy. “Intolerance to criticism and accountability is unconstitutional and undemocratic. Nigerian authorities continue to crack down on dissents, critics, journalists, bloggers and vocal citizens on social media using arrests, detention, surveillance, collusion with big techs and outright blocking, as weapons. That narrative must stop,” he warned.

The Director-General of the National Orientation Agency, Mallam Lanre Issa-Onilu, has urged Nigerians to pay close attention to flood early warnings issued by the Nigerian Meteorological Agency, highlighting the increasing risk of flooding across the country.
Addressing the newsmen during a press conference to launch a nationwide enlightenment campaign held on Thursday in Dutse, the Jigawa State capital, the DG, represented by Mr. Williams Dogo, NOA’s National Director of Legal Matters at the headquarters in Abuja, emphasised that poor drainage systems and careless dumping of waste are major causes of devastating floods recently witnessed in states such as Niger, Kogi, Rivers, Anambra, and Bayelsa.
He praised NiMet’s early warning advisories for their “90% accuracy” and stressed the need for Nigerians to heed these warnings diligently to reduce flood impacts.
READ ALSO:NiMet Forecasts Rain, Flash Floods Nationwide
The campaign, spanning all 36 states, the Federal Capital Territory, and 774 local government areas, seeks to engage the public on government policies, flood mitigation, national security awareness, and more.
“We are committed to bringing the government’s programmes closer to the people through physical engagements, town halls, and media.
“Among the government initiatives spotlighted is the Presidential Flood Mitigation directive, which in 2024 allocated N3 billion per state for drainage clearance and relocation efforts to curb such disasters,” the DG’s representative said.
The DG, highlighted that the sensitisation campaign also focuses on raising awareness about government policies such as the Nigerian Education Loan Fund, social safety nets including Conditional Cash Transfer, and youth empowerment through initiatives like the National Youth Investment Fund and the Industrial Training Fund.
READ ALSO:NiMet Forecasts Three-day Thunderstorms, Rain From Wednesday
He therefore emphasised the need for Nigerians to understand and utilise these programmes for personal and national development.
On national security, Issa-Onilu explained that the campaign aims to boost security consciousness by informing communities about current defense strategies, including the deployment of over 15,000 new security personnel, drones, and armoured vehicles to address the country’s security challenges effectively.
Furthermore, the DG stressed the importance of youth and student re-orientation, focusing on discouraging extreme practices that conflict with Nigeria’s core values.
Accordingly, he also underlined the campaign’s effort to promote patriotism by educating citizens on national symbols such as the flag, anthem, naira, and passport.
“NOA’s increased digital presence—including the revamped website and the AI assistant ‘CLHEEAN’—alongside partnerships with numerous media outlets, will ensure that these vital messages reach a wide audience across Nigeria,” he revealed.
READ ALSO:NiMet Predicts Three-day Haziness, Thunderstorms From Tuesday
Mr. Williams Dogo urged Nigerians to actively participate in the campaigns and remain alert to government advisories for their safety and well-being.
Earlier, the Jigawa State Director of the National Orientation Agency, Ahmad Ibrahim, emphasised the urgent need for residents to heed flood early warnings issued by the Nigerian Meteorological Agency, especially amid rising flood risks in the region.
He linked the recent flooding challenges to poor drainage and waste management, urging Jigawa communities to cooperate with government efforts to reduce flood impacts.
The director highlighted the government’s 2024 Presidential Flood Mitigation directive, which allocated N3 billion to each state for drainage clearance and relocation initiatives, underscoring its importance in Jigawa’s flood prevention strategy.
He also connected this development to ongoing nationwide campaigns aimed at raising public awareness on key government policies, national security, and disaster preparedness.
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