Everyone is reading the NNPC–Dangote fight wrong.
It's not a competition story. It's a concentration-risk story.
At today's utilisation, Dangote is 97% of Nigeria's active refining capacity.
This Nigerian lady who teaches at a school in Japan broke down the Japanese style of learning that makes them very intelligent and productive.
I think this is smart learning. It will be helpful to Nigerian students, if it is adopted in our educational system.✍️
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I've been seeing a lot of commentary about people's feeling regarding @PayPal coming to Nigeria (again)
It may seem long ago but as at 2014 no global cards worked online in Nigeria. It was so bad we had to do an online petition. Desperation!
They eventually came briefly and we were a "send only" country.
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How do I feel today? Couldn't care less. But low key, thankful!
I doubt Shola would have had the confidence to start Paystack then if there was PayPal. I doubt investors would have taken the bet too.
And without Paystack launching then, no Flutterwave would have come soon after and the foundation of modern fintech would not have been set up then.
No Paystack exit would mean no proliferation of VC funds and the African tech ecosystem would look very different today.
So THANK YOU PayPal for NOT coming to Nigeria then. And I really mean it.
https://t.co/RJz4LwFsLb
@Olalekanakogun@macw_internatnl You capped exactly what I had in mind.
Mechanic sef go chop na abi how will they survive.
At the end of the day, it goes round and that's why its called an economy.
Regardless, the message is clear. We want good infrastructures and the government should do better.