In 2006, Cadbury Nigeria was a blue chip everyone trusted.
Its CEO had just been crowned one of the most respected in the country.
Then it emerged the books had been cooked for years, accounts overstated by about ₦13 billion.
The share price collapsed from around ₦57 to the single digits over the following years.
People who put everything in one “safe, trusted” name learned the hardest lesson on the exchange.
This is why you never bet your whole life on one company, no matter how respected.
"I have always made it clear that the society we abuse today will take its revenge on our children tomorrow...This is a classic example of how the abuse of governance and society today can produce devastating consequences long after the abusers are gone." - Peter Obi
Please release these children for the sake of our shared humanity
I am deeply shocked and heartbroken by the condition in which these abducted school children are, as seen from their flagellated bodies. It is a painful reminder of the depth of insecurity in our land.
I have always made it clear that the society we abuse today will take its revenge on our children tomorrow. When I first began making that statement, some of these children were not even born. This is a classic example of how the abuse of governance and society today can produce devastating consequences long after the abusers are gone.
It is on the same line that I argue that the loans our leaders take today will hurt our children in the future, as many of them will mature for repayment and consequences long after we are gone.
To those holding these children, I make a direct appeal to your conscience. Remember that these are innocent children - sons and daughters of people who have placed their hopes, dreams, and entire future in them. In every one of them, you will find reflections of your own children, your own family, and your own humanity.
No grievance, no hardship, no justification can ever outweigh the sanctity of a child’s life and innocence. Whatever path has led to this moment, there is still room for remorse, for humanity, and for a change of heart.
I therefore appeal to your sense of mercy: release these children immediately. Let them go. Return them safely to society to reunite with their families. -PO
Why isn't Nigeria rich?Bad government? Corruption?
Or is there a more uncomfortable explanation: the way we think about money itself?
In my new article, I explore why some societies turn money into capital,while others struggle .
Find the link here: https://t.co/FVIMeohKMp
Very sad to learn that Prof. Raul Pacheco-Vega is no more 😭
He was a fixture of Academic Twitter, and inspired countless academics including myself.
May he rest in peace.
@DesmondOElliot Oga rest with all these tantrums. You are simply holding the other end of the same stick you previously benefited from.
Be grateful for the opportunity you had and move on.
"I was in South Africa for a wedding when the impeachment of Obasa commenced. I was confused when I returned. I saw my colleagues signing and I signed too thinking the order was from the presidency until the president called us to return the speaker which we did." — Desmond Elliot
@n6oflife6@Three_Leg_Bird I like how this is being acknowledged.
I've noted this since 2023, when I began to pay keen attention to his politics and how effective it is.
@novieverest It also means that Wike may likely work with Obi in the build-up to the 2027 election just to scorn Tinubu for siding with Fubara.
This will likely happen when Obi begins to show real momentum.
This is absolutely worth watching.
Pressing global geopolitics distilled into just one minute.
Chico Muya is an artist and political commentator based in Finland.
We all understand the inflationary effects of this conflict, but another angle that isn't being discussed is Gulf sovereign capital repatriation.
Gulf SWFs are some of the largest single holders of UK assets. Major stakes in banks, airports, supermarkets, real estate, infrastructure and exchanges. Decades of patient capital have been deployed into London.
Gulf sovereigns flipping from net buyers to net sellers exactly when the domestic economy is weakening.
GBP and gilts under more pressure.
Nigerians are discussing, even fighting over other people’s wars while their own country is in serious war.
Many northerners are using their platforms to speak in defense of Iran, some are even outside protesting, while their own people are dying like chicken!
What a life!
“I have a friend whose grandmother used to say that she couldn't understand why people got into envy-jealousy because it was the only one of the sins that you could never possibly have any fun at.” 😂
- Charlie Munger. 1995
Stop what ever you are doing. Watch this video for 30 minutes and your life will change for better.
This is how to build a software or website without knowing how to code.
Please retweet for people to learn