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<p>Seni Adio, Chairman of the Nigerian Bar Association (NBA) Section on Business Law says the Association&#8217;s 59th annual Conference will focus on the rule of law, Nigeria’s electoral process and more. Adio joins CNBC Africa’s Christy Cole for more.</p>


NBA Conference: Seni Adio on significance of event, fundamental issues and high level government dignitaries in attendance

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<p>The record numbers scored at this year’s Annual General Conference of the Nigerian Bar Association speaks to the faith of Nigerian Lawyers in the association. This is according to Paul Usoro, President of the Nigerian Bar Association. Usoro joins CNBC Africa’s Christy Cole for more.</p>


NBA Conference: NBA President Paul Usoro on engaging the Nigerian government constructively


<p>By <a href="https://www.cnbc.com/kathleen-elkins/">Kathleen Elkins</a></p>



<p>Since retiring from his 19-year basketball career in 2011, Shaquille O’Neal has seen just as much success off the court: He was <a class="" href="https://www.cnbc.com/2018/06/11/shaquille-oneal-tells-ellen-degeneres-how-he-invested-in-google.html">an early investor in Google</a> and has since accumulated an impressive portfolio, including <a class="" href="https://www.wsj.com/video/shaq-business-investment-slam-dunks/E05D17E5-2967-46DD-8AEC-941E4E975DD2.html">investments</a> in Apple, 24 Hour Fitness and nightclubs in Las Vegas. He also <a class="" href="http://money.com/money/5640584/shaq-business-empire/">owns 17 Auntie Anne’s</a>, a Krispy Kreme franchise and a Big Chicken restaurant in Las Vegas.</p>



<p>When it comes to investing, the former NBA star draws inspiration from Amazon’s founder and CEO: “I heard Jeff Bezos say one time [that] he makes his investments based on if it’s going to change people’s lives,”&nbsp;<a href="https://www.wsj.com/video/shaquille-oneal-discusses-investing-franchising-and-donuts/8063A172-ABFF-496B-8700-4D51A6234054.html" class="">O’Neal told the Wall Street Journal</a>&nbsp;in a recent interview. “Once I started doing that strategy, I think I probably quadrupled what I’m worth.”</p>



<p>It helps him decide what opportunities to jump on and which ones to pass up. “If something comes across my desk and I don’t believe in it, I don’t even look at it,” said O’Neal, even if it looks excellent on paper. In fact, he rarely focuses on the numbers: “Whenever I do business, it’s not about the money.”</p>



<p>As he <a class="" href="https://www.cnbc.com/video/2018/05/08/shaq-talks-business-at-btigs-charity-day.html">told CNBC’s Bob Pisani last year</a>, “I never say, ‘If I invest in this, five years down the line, we could sell it for this.’ Every time I’ve had that model, it’s always been a failure.”</p>



<p>He’s not the only successful investor who sticks with what he knows and trusts. “Make sure you’re investing in things that you believe in, as opposed to investing in things that other people believe in,” PayPal’s senior vice president of international markets, Rohan Mahadevan,&nbsp;<a href="https://www.cnbc.com/2019/04/24/the-money-advice-every-millennial-needs-to-hear.html" class="">tells CNBC Make It</a>. He recommends testing a product or service before investing in it to better understand how the business operates.</p>



<p>O’Neal also prefers to work with companies he personally enjoys. Of all of his investments, Krispy Kreme is his favorite, he told the WSJ, “because I like donuts. &#8230; Krispy Kreme is a fabulous donut. I was introduced to it in college and have been in love with it ever since.”</p>



<p>That said, you don’t necessarily want to invest in something just because you like it. You want to make sure you truly understand the company, too,&nbsp;<a href="https://www.cnbc.com/2019/06/20/how-warren-buffett-decides-what-to-invest-in.html" class="">says legendary investor Warren Buffett</a>: “What an investor needs is the ability to correctly evaluate selected businesses. Note that word ‘selected’: You don’t have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence.</p>



<p>“The size of that circle is not very important; knowing its boundaries, however, is vital.”</p>



<p>Simply put, when it comes to investing, Buffett says to&nbsp;<a href="https://www.cnbc.com/2017/02/02/warren-buffett-simplifies-investing-with-a-baseball-analogy.html" class="">stick to what you know</a>. “Defining what your game is — where you’re going to have an edge — is enormously important.”</p>



<p>Once you’ve done that, <a class="" href="https://www.cnbc.com/2016/03/04/warren-buffett-buy-hold-and-dont-watch-too-closely.html">buy and hold</a>, he adds: “If you aren’t willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.”</p>



<p><em>This article first appeared on CNBC </em><a href="https://www.cnbc.com/2019/07/11/shaquille-oneal-says-he-invests-like-jeff-bezos.html"><em>https://www.cnbc.com/2019/07/11/shaquille-oneal-says-he-invests-like-jeff-bezos.html</em></a><em> and is republished with its permission.</em> <br></p>


Former NBA star Shaq: As soon as I started investing like Jeff Bezos, ‘I probably quadrupled what I’m worth’

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<p>President of the Nigerian Bar Association (NBA), Paul Usoro says this year&#8217;s Annual General Conference (AGC) plans to offer solutions in regards to the future of the country. He joins CNBC Africa’s Christy Cole for more.</p>


Nigerian Bar Association looks to the future

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<p>As the 13th annual conference of the Nigerian Bar Association&#8217;s Section on Business Law winds to a close, the Chairman of the conference planning committee, Adeoye Adefulu, says a communique containing recommendations from the conference will be issued to the Nigerian government and its economic management team.</p>


Engaging Nigeria’s private sector for development

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<p>According to the former presidential aspirant of Nigeria&#8217;s Young People&#8217;s Party, Professor Kingsley Moghalu, Nigeria must begin to consider population control as a means of addressing unemployment.</p>


Kingsley Moghalu: Nigeria must overcome security challenge to boost economy

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<p>Tax breaks are a vital strategy for Nigeria in the execution of its ease of doing business strategies. While speaking in an interview with CNBC Africa&#8217;s Christy Cole, on the sidelines of the ongoing annual conference of the Nigerian Bar Association&#8217;s Section on Business Law, Cecilia Akintomide, non-Executive Director of FBN Holdings pointed out that such tax breaks and incentives would normally be reinvested by business owners leading to expansion and more jobs.</p>


FBN’s Cecilia Akintomide on how tax breaks can boost Nigeria’s economy

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<p>The National Basketball Association has today named NBA Vice President and Managing Director for Africa, Amadou Gallo Fall as President of the Basketball Africa League.</p>


NBA names Amadou Fall President for Basketball Africa League

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<p>We have a responsibility to ensure our resources are used in a way that does not mortgage the future of our people says Laoye Jaiyeola, Director General of the Nigerian Economic Summit Group. He discussed the need for inclusive growth in Nigeria with CNBC Africa’s Esther Awoniyi on the side-lines of the 58th Annual General Conference of the Nigerian Bar Association.</p>


Driving inclusive growth in Nigeria

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<p>A lot of Nigeria’s challenges as a country are institutions and how they function or how they fail to function. This is according to Obadiah Mailafia, a Former deputy Governor of the Central Bank of Nigeria and the Director of Centre for Policy and Economic Research. He discussed this and more with CNBC Africa’s Christy Cole on the side-lines of the 58TH Annual General Conference of the Nigerian Bar Association.</p>


Nigeria faces the challenge of financing and sustaining its institutions – Obadiah Mailafia

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<p>As the 58th Annual General Conference of the Nigerian Bar Association winds down, Isiaka Abiola Olagunju, General Secretary of the NBA discussed the bar’s positioning for the future and continuity in Nigeria.</p>


What the future holds for Nigerian Bar Association

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<p>Nigeria’s Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu says although licenses have been issued for the establishment of modular refineries, it’s not a solution to the country’s production deficiencies but one of its primary benefits is to create a culture of refining. He discussed strategies to revive Nigeria’s refining capacity with CNBC Africa’s Esther Awoniyi.</p>


How to revive Nigeria’s refining capacity – Kachikwu

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<p>On the side-lines of the 58th Annual General Conference Koyinsola Ajayi, Senior Advocate of Nigeria and Managing Partner at Olaniwun Ajayi Legal Practitioners spoke to CNBC Africa to discuss the need for the rule of law to be upheld in Nigeria.</p>


Why the rule of law matters for Nigeria – Legal Expert

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<p>Abubakar Balarabe Mahmoud President of the Nigerian Bar Association joins CNBC Africa to discuss his expectations from this year’s Annual General Conference and how organisations can better manage transitions.</p>


Expectations from 2018 NBA Annual General Conference

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<p>CNBC Africa tracks the progress of African Nations in achieving sustainable economic development joined by Keith Boyfield, Director of Keith Boyfield Associates at the 58th Annual General Conference of the Nigerian Bar Association.</p>


Achieving sustainable economic development in Africa

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<p>On the side-lines of the Nigerian Bar Association’s 58th Annual General Conference, Paul Usoro, President-Elect of the Nigerian Bar Association joins CNBC Africa to explore ways to build more sustainable institutions in Africa.</p>


NBA president-elect talks on ways to build more sustainable institutions in Africa

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<p>This year&#8217;s theme for the 58th Nigerian Bar Association&#8217;s Annual General Conference will focus on Transition, Transformation, and Sustainable Institutions. The Chairman of this year&#8217;s Technical Committee on Conference Planning for the Nigerian Bar Association, George Etomi joins CNBC Africa to discuss this theme and how organisations can better manage transitions for development.</p>


NBA

NBA Conference: Seni Adio on significance of event, fundamental issues and high level government dignitaries in attendance

NBA Conference: NBA President Paul Usoro on engaging the Nigerian government constructively

Former NBA star Shaq: As soon as I started investing like Jeff Bezos, ‘I probably quadrupled what I’m worth’

Nigerian Bar Association looks to the future

Engaging Nigeria’s private sector for development

Kingsley Moghalu: Nigeria must overcome security challenge to boost economy

FBN’s Cecilia Akintomide on how tax breaks can boost Nigeria’s economy

NBA names Amadou Fall President for Basketball Africa League

Driving inclusive growth in Nigeria

Nigeria faces the challenge of financing and sustaining its institutions – Obadiah Mailafia

What the future holds for Nigerian Bar Association

How to revive Nigeria’s refining capacity – Kachikwu

Why the rule of law matters for Nigeria – Legal Expert

Expectations from 2018 NBA Annual General Conference

Achieving sustainable economic development in Africa

NBA president-elect talks on ways to build more sustainable institutions in Africa

NBA’s George Etomi speaks on 2018 Annual General Conference theme

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Advertise With Us

NBA

NBA Conference: Seni Adio on significance of event, fundamental issues and high level government dignitaries in attendance

NBA Conference: NBA President Paul Usoro on engaging the Nigerian government constructively

Former NBA star Shaq: As soon as I started investing like Jeff Bezos, ‘I probably quadrupled what I’m worth’

Nigerian Bar Association looks to the future

Engaging Nigeria’s private sector for development

Kingsley Moghalu: Nigeria must overcome security challenge to boost economy

FBN’s Cecilia Akintomide on how tax breaks can boost Nigeria’s economy

NBA names Amadou Fall President for Basketball Africa League

Driving inclusive growth in Nigeria

Nigeria faces the challenge of financing and sustaining its institutions – Obadiah Mailafia

What the future holds for Nigerian Bar Association

How to revive Nigeria’s refining capacity – Kachikwu

Why the rule of law matters for Nigeria – Legal Expert

Expectations from 2018 NBA Annual General Conference

Achieving sustainable economic development in Africa

NBA president-elect talks on ways to build more sustainable institutions in Africa

NBA’s George Etomi speaks on 2018 Annual General Conference theme

News Tips

Advertise With Us

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