Joseph Bitrus

Fintech. Regtech. Proptech. Blockchain & Edtech
University of Oxford

[Joseph Bitrus @JBGetachew]

The best #DeFi book out there right now, masterfully written and easy to read with great insights on how the future of money is changing. Thank you @rhian_is for this wonderful book!

[Joseph Bitrus @JBGetachew]

This is true

[Khairallah AL-Awady @eng_khairallah1]

ANTHROPIC JUST RELEASED THE OFFICIAL PLAYBOOK FOR BUILDING A COMPANY WITH CLAUDE CODE.

30 minutes. free. from the engineers who built it.

Bookmark this before you forget.

CEO: 1 human. Employees: AI agents. Operations: fully automatic.

The zero-headcount company is no longer a joke.

[Movez @0xMovez]

Google Cloud AI engineer just showed how they go from idea to deployed app at Google in 30-minutes using Claude.

26-minutes. free. by Google AI team.

one person + Claude + Google Cloud = a full engineering org running on a laptop.

worth more than any $500 vibe-coding course.

[Joseph Bitrus @JBGetachew]

So it is true after all

[Joseph Bitrus @JBGetachew]

How true?

[Joseph Bitrus @JBGetachew]

Claude mythos!

[Akintola Steve @Akintola_steve]

A Nigerian fintech founder raised $2M, built a slick app, onboarded 40,000 users.

Then CBN, NDPC, and FCCPC came knocking at the same time.

He had no licence. no DPO. no KYC tier structure. no breach policy.

The company didn’t survive 2024.

Here’s every rule you must know before you build:

[Black Jaguar @A_Feranmi]

The first time my attention was drawn to this issue, with a detailed breakdown, was when @amandapey wrote about it. She basically gave me the foundation for this article.

[Joseph Bitrus @JBGetachew]

@SkyNews @SkyRhiannon Thanks @SkyRhiannon, very objective reporting. Well done!

[Joseph Bitrus @JBGetachew]

CAF is a joke. AFCON is dead. Not ever paying any subscription for AFCON tournaments.

[Joseph Bitrus @JBGetachew]

I love this special adviser she’s smart and works very hard for the country @OluVerheijen , may you be rewarded highly.

[Joseph Bitrus @JBGetachew]

@DrDorisAnite @officialABAT Congratulations Minister!

[Joseph Bitrus @JBGetachew]

Hi @naira_rates, do you do exchanges pound to naira?

[Joseph Bitrus @JBGetachew]

@keneike She’s a brilliant Minister, encourage her instead.

[Joseph Bitrus @JBGetachew]

Books I’m currently reading with some feelings- bit hurt didn’t appear much there but ultimately a very good book.

[Markandey Sharma @TechByMarkandey]

N8N FULL COURSE 1 HOUR (Build & Automate Anything).

[Joseph Bitrus @JBGetachew]

Hi @oviosu any email address I could use for enquiry about product partnership? Thanks

[TechCabal @TechCabal]

Nigeria's new Capital Gains Tax provision for 30% tax rate on indirect transfers is giving many venture capital firms anxiety

https://t.co/YCYeOL8vf9

[Joseph Bitrus @JBGetachew]

@FT The problem with BA is the lack of improving their inflight customers experience. @VirginAtlantic I get a glass of champagne even before taking my seat after boarding. BA doesn’t! Virgin seats were also bigger, comfy, & clean than BA. So not surprised!

[Kalu Aja @FinPlanKaluAja1]

Let's talk about FGN Bonds

1. This is an IOU. The FGN is borrowing money from you; in exchange, it gives you a paper signifying it owes you.

2. Not for retail investors; minimum is ₦50m.

3. You are paid a return twice a year. Example: Invest ₦100m for 10 years at a 19.89% coupon, that gives you ₦9,945,000 every 6 months (₦19,890,000 full year). After 10 years, you get your ₦100m principal back.

4. Interest/coupon payments from FGN bonds are exempt from withholding tax (WHT), Personal Income Tax (PIT) for individuals, and Companies Income Tax (CIT) for corporate investors. nice

5. Risks? This is the safest investment in Nigeria because the issuer can simply print money to repay you. The key risk is interest rate movement.

If MPR rises, bond price falls.
If MPR falls, bond price rises.

Coupon payments remain the same.

6. How to analyse? One way is to compare the Yield to Maturity (YTM), not the coupon, to yields offered by other asset classes. Compare the YTM of this bond to the dividend yield of your target stock and the rental yield of your target real estate. Again, compare yields, not dividend paid or rental received.

Ultimately, bonds are for investors seeking the safety of a guaranteed income stream. They are tradable but mostly an income play.

7. Interested? Speak with your banker or stockbroker.