a young and energetic finance practitioner of less than 10 years experience believes she understands governance and macro economics more than a former 2 term state governor, multiple global ivy league business school graduate, multiple bank director, SEC director, former finance advisor to the presidency, all of these outside his personal business.
whatever is driving you is insane.🙂
An ET fresh from training school in gtb will successfully manage a 20bn balance sheet in a commercial bank if given proper support, not to talk of fintech.
You people should pleaseeee😂😂😭😭
If he says he can’t find talent in Nigeria, the issue is his hiring process.
I know someone rejected by Moniepoint for not being “good enough”. That same person now works as a Senior DevOps Engineer at Amazon.
You people will come on this app and confidently mislead people on something you have zero knowledge about. Buying Dangote Refinery shares with a 150k salary will not take anyone out of the trenches. NGX is not a meme coin.
Dangote Refinery is currently preparing for its IPO with an estimated valuation of *$40 Billion to $50 Billion**. In Naira, that is over 60 TRILLION Naira. You are telling a guy who earns 150k a month to use 7k to buy a microscopic fraction of a 60 Trillion Naira asset and expect it to magically pay his house rent in a few years?
If you earn between 100k and 250k, and you aggressively scrape 20k monthly to buy shares, you would have invested 240k by December. Even if the refinery does a miraculous 20% return, your profit for tying down your hard-earned survival money for 365 days is just 48k. That cannot even buy a half bag of rice today. Inflation will swallow that profit before the dividend is even paid.
Let's even scale it up. Let's say you manage to invest a whole 1 Million Naira. A very solid 20% return gives you 200k profit in an ENTIRE YEAR. Is 200k after 12 months changing your life? No.
Dangote Refinery stock are for WEALTH PRESERVATION, not poverty eradication. It is for the person sitting on 50m who wants to park heavy liquidity, hedge against inflation. It is NOT for Emeka who's eating from hand to mouth in this economy.
If your income is small, take that 7k and use it to eat.
7k is not magically paying your house rent in 2030 because you bought dangote refinery stock.
Dear Airtel,
Since there's shortage of people that sell akara on Saturday morning, why don't you look into that business and leave this telecom business?
Best disregard,
An unsatisfied customer.
Corporate Nigeria is quiet about Tinubu for the same reason you don’t argue with the person holding your operating license.
In a high-stakes regulatory environment, their support is not really an endorsement.
It’s self preservation & risk management.
Don’t ask execs what they think about the Tinubu economy. Ask your mechanic, the market woman on the street, the fruit seller.
The street is not that quiet.