Ms. Iy

Child Educator | Twins Mom | Nigerian-American | Big on intellectual engagements, bigger on humour 🥰
...all I have needed Thy Hand has provided🙏...

[Ms. Iy @IyanuAdee]

@Dmerrydeyforyou @bigcuban387980 Mórons like you think marriage success comes from your sisters becoming slave to an irresponsible man. Bloody clówn.

[Hon. Jesugbemi @Hon_Jesugbemi]

A few minutes of rainfall and the entire street became a swimming pool. 😳💔

[Warrior4Christ @MAGAPowerhouse]

✨⭐️NEWS RUNDOWN⭐️✨
Here’s our daily snapshot of activities
everyone! Hope this helps keep us busy folks at least partially ‘in the know’😉

[Ms. Iy @IyanuAdee]

Edna and Tessie are definitely Naija grandmas; retired but not tired! 😂😂

[Artemis @HumanV2119]

Jos, Nigeria btw

[Ms. Iy @IyanuAdee]

Did the news make you sad, Mr Pan-Africanist?

You people just give yourselves titles you can't live up to. Pan-Africanist who is hating on Africa or Mathematician who cannot interpret a simple mathematical outcome. The market is the best performing in terms of returns, simple.

What does it have to do with individual business valuation or numbers of listed companies? Lol.

[Chetuya Chinagolum @Chetuyachinago]

It is highly interesting and deeply ironic that Nigeria is currently being paraded as having the "world's best-performing stock market."

To put statistical illusion into clear mathematical perspective, South Korea comfortably has over 200 publicly traded companies with an individual market capitalization exceeding $1 billion USD. In stark contrast, the total number of companies on the Nigerian Stock Exchange with a market cap exceeding that same $1 billion mark sits at a measly, fluctuating 11 to 18. Furthermore, the South Korean Stock Exchange is home to over 2,500 listed companies, whereas the entire Nigerian stock exchange is struggling to maintain even 150. To make matters infinitely worse, the annual revenue of just one single South Korean conglomerate, Samsung, comfortably exceeds the entire, devalued annual Gross Domestic Product (GDP) of the Federal Republic of Nigeria.

So, it is obviously completely insane and deeply delusional to imagine that Nigeria is genuinely outperforming the rest of humanity in its actual economic output, industrial productivity, or stock market indices. Nigeria is currently the undisputed poverty capital of the world, where small businesses are collapsing by the dozens every single day. So that begs the question: what does this glowing market report actually mean for the ordinary people of Nigeria?

Well, for one, if a struggling, debt-ridden developing nation suddenly starts to heavily outperform advanced, highly industrialized nations on its stock exchange, it is actually a massive, flashing red indicator that the country in question is facing a severe and monumental hyperinflation. Nigeria is currently experiencing historic, record-breaking inflation, so this stock market boom is merely an indicator that wealthy oligarchs, institutional investors, and local investment banks have smartly recognized that if they hold their cash in standard bank accounts during this highly volatile period, they will lose their purchasing power every single day. Since they cannot easily access scarce foreign currencies like US dollars or Euros due to strict government currency controls, they desperately dump their fast-depleting Naira into solid, tangible local stocks like Dangote Cement, BUA Group, or MTN Nigeria just to preserve their wealth.

So, this triumphant news report that we are passionately commanded to celebrate is actually a terrifying warning sign that Nigeria is experiencing severe, runaway inflation. The local elites, corporate cartels, and bank directors are frantically tripping over themselves to buy blue-chip local stocks strictly to hedge against currency collapse, and this sudden, desperate surge in local demand has artificially driven up the prices of these shares to such a disproportionate, heavily padded percentage that on paper, it looks much more profitable to invest in the Nigerian stock market than in the highly productive, technologically advanced South Korean stock exchange.

Another major reason for this artificial stock market spike is the aggressive, reckless increase in interest rates by the Central Bank of Nigeria on behalf of the IMF and the World Bank. While this brutal rate hike has successfully collapsed thousands of local manufacturing businesses because commercial banks are now charging as high as 40% interest on business loans, it has also temporarily attracted a massive influx of volatile "hot money" from foreign speculators who are lending money to the Nigerian government by purchasing short-term treasury bills and sovereign bonds just to greedily exploit these high yields.

It is crucially important to historically emphasize that Nigeria is absolutely not the only developing country to be declared the "best-performing stock market in history." Mexico proudly achieved this exact same fraudulent title in the run-up to 1994, and it ended up almost collapsing their entire national economy into absolute oblivion. At the time, the Mexican government, acting on the strict advice of the World Bank, aggressively increased interest rates and adopted painful Structural Adjustment Programmes that triggered massive hyperinflation across the country. This temporarily, artificially increased their foreign reserves as yield-hungry international speculators dived in to exploit these high interest rates, causing their local real estate markets and stock exchanges to explode into a virtual goldmine for foreign investors. But this artificial boom did not even last for a few years. The moment the United States Federal Reserve increased its own interest rates, international investors panicked, liquidated their assets overnight, and pulled their hot money completely out of Mexico. This massive, sudden capital flight almost collapsed the Mexican Peso, forcing their desperate government to raise domestic interest rates to an astronomical 70%, but even this extreme measure was not enough to save the country from descending into total state failure. This was the exact moment Mexico was forced to accept a humiliating, sovereignty-destroying bailout from the IMF and the United States totaling a massive $57 billion. Exactly $20 billion of that came directly from the US treasury, but it came with the highly insulting, neocolonial condition that all revenues from the global sales of Mexican state-owned oil must be deposited directly into the Federal Reserve Bank in New York City as collateral to secure the debt, while the IMF forced even more brutal, structural adjustment programs on Mexico that the country has still not fully recovered from even to this very day.

So, while this stock market boom is currently being heavily marketed as another monumental, ground-breaking macroeconomic achievement by the Tinubu Administration, it is in reality extremely dangerous, deceptive, and reckless. Not only does it completely fail to reflect the actual, material reality on the ground, which is that Nigeria is currently the bleeding poverty capital of the world, but this exact, artificial economic bubble has the direct, terrifying potential to completely collapse the Nigerian economy, trigger massive capital flight, and permanently reduce the country to a subservient, bankrupt puppet state run entirely by the harsh austerity measures, economic dictates, and financial chains of boardroom terror organizations like the IMF and the World Bank.

[Ms. Iy @IyanuAdee]

These people are not using their heads or they have hearing problems.

[Ms. Iy @IyanuAdee]

Just take to churches around tomorrow, it would be all gone at 5k per crate.

Take 50 crates each to Daystar, Citadel, Christ Embassy, Household of God, CCI, First Baptist Church, Elevation Church, Archbishop Vining Memorial Church etc all at Ikeja.

Get a table, a staff and POS in each location. They will buy it all after service.

[Ms. Iy @IyanuAdee]

@grok @Chibuzo06944799 @MrSipoga How big is the car? Compare the size with the Toyota matrix

[Ms. Iy @IyanuAdee]

He is spot on. He is a builder and he knows what he's talking about.

California, a single state out of 50 in America has more of these tech startups than Nigeria. The number of people between the age of 20 and 35 in both countries is about the same. So a thousand Startups from 60m people is nothing to be loud about.

[Ms. Iy @IyanuAdee]

My pupils spent the whole or yesterday to solve this.

Anyone who can solve this today gets 10k.

[Ms. Iy @IyanuAdee]

This is saying "I have not explored Nigeria" without saying it.

[Danny Walter 🧸 @AjeboDanny]

It’s crazy how you can take a picture of nothing but the sky, and somehow instantly know you’re not in Nigeria.

[Ms. Iy @IyanuAdee]

@felixherbt You don't need a brain to know that this information is false. But the replies show that many people on X are apparently not working with a brain.

[Ms. Iy @IyanuAdee]

You don't need a brain to know that this information is false. But the replies show that many people on X are apparently not working with a brain.

[Felix @felixherbt]

In all West African countries, Nigeria is the only country that pays its soldiers $73 as salary.

• Ivory Coast: $800
• Burkina Faso: $700
• Ghana: $550
• Mali: $400
• Senegal: $360
• Togo, Benin, Niger: $300
• Nigeria (Giant of Africa): $73

“For any country to be at peace, the sacrifices of its soldiers must not be taken for granted”

[Ms. Iy @IyanuAdee]

These are things our academic institutions excel at - costume day, eating competition, mr macho, miss campus, signout day, trad day. Smh.

[Oyindamola🙄 @dammiedammie35]

Unilag custom day for Engineering students…. Bruhh, check out their fits🥶🔥

[Ms. Iy @IyanuAdee]

I will have to leave this app again, because I am tired of seeing stupid things like this on my timeline.

[Ayanfe @Ayanfe_Baddo]

Everybody with wetin dey do dem 😂😂

[Ms. Iy @IyanuAdee]

My Uncle who doesn't refund borrowed money, just joined LinkedIn and updated his profile to "Asset Custodian". #humorfriday

[Ms. Iy @IyanuAdee]

He got circumcised in Pakistan?

[SLUGG 🔥 @chigmaboyy]

You need high meme knowledge to understand this 😂

[Ms. Iy @IyanuAdee]

Change, transition, startups, new environments are never easy, no matter the terms.

[Johnmark Obiefuna @jayhemz]

One of the most performative BS in Corporate is when someone resigns and writes an announcement that goes some form of, "this wasn't an easy decision to make..."

What wasn't an easy decision John? Is it the bigger salary and perks in the new company? Talk to me.