deLiminalLife

[ARISE NEWS @ARISEtv]

Ademide Adebayo arrived at NYSC camp expecting familiar routines but left with lessons in discipline, friendship, confidence and resilience. https://t.co/pMKS4WZ8w1

[𝐄𝐃𝐎𝐂𝐄𝐍𝐓𝐑𝐈𝐂__ @Edocentric_]

Sir Victor Uwaifo MON, A Nigeria musical icon who back in the 60s was one of Africa leading artist, with 12 golden record attached to his career.

A LEGEND...

[Fabrizio Romano @FabrizioRomano]

🚨🇸🇦 Tijjani Reijnders, on his way to Saudi Arabia with his family as he’s set to complete Al Qadsiah move.

The exclusive picture ahead of €61m transfer from Man City to Al Qadsiah. ✈️📸

[Hemant Mohapatra @MohapatraHemant]

The curse of discipline is that every day looks the same. The curse of indiscipline is that every year does.

[New Mentalities @NewMentalities]

@MohapatraHemant The repetition you're avoiding is the only cure for the repetition you're in.

[Osaretin Victor Asemota @asemota]

“Someone” is too vague.

20-30 years old: Find a very good job in a place where you can get leverage to buy assets. Get married, save together. The other option is to start a business early but know that 99% of the time, it will die but the experience will be valuable.

30-40: Start thinking of starting a business from what you have learned. Find partners, mentors, funders.

40+ Enter politics.

Seriously, after 40 wealth is more about connections than effort. This is the time you cash in on relationships built over time.

Wealth is about relationships and compounding the benefits of those relationships. No matter how brilliant you are, nothing will bring you wealth if you don’t build relationships.

Friends have always opened the doors for me and recommended me to rooms where I made money from.

[Paul Graham @paulg]

"No one can beat death. The best you can hope for is a tie after extra time."

— Jan Houtema

[Crazy Kennar @crazy_kennar]

BUYING W**D IN DIFFERENT COUNTRIES 😂😂😂

[Osaretin Victor Asemota @asemota]

This post stemmed from a conversation about Otedola and liquidity. People keep misunderstanding the wealthy and how they do things.

One of the smartest things you can do as a rich person is to own a significant stake in a bank. That guarantees constant liquidity, as you can borrow from the bank against your assets and use the loan to buy more assets, which you can then borrow against again. Banks create money, and wealthy people use banks to create wealth.

Yes, there are prudential guidelines and all that, but a closer relationship with a bank helps you understand that all assets are a means to an end, not an end in themselves. Plus, the bank knows you aren't going anywhere in a hurry, so you aren't a flight risk.

A lot of rich Nigerians abused this in the past, but in this era of public markets, Otedola knows that the bank's stock will be more valuable if it is run well. He sold a power plant to double down on bank stock for a good reason, and it was a smart move. Tomorrow, he could also sell his stake in the bank for something bigger and better.

The other angle is to build something that produces a lot of cash flow that banks love. Something like the refinery Dangote built or even his cement factory. You will always have ample leverage to do a lot of things. Dangote wasn't foolish to sell off his expensive cars and real estate to go all in.

Owning a bank is still the ultimate wealth hack. My uncle told us many years ago that owning a stake in one guarantees you will be invited to the tables where decisions about the economy and our collective future are made. None of our Nigerian billionaires is stupid. Selfish, maybe, but not stupid.

[Osaretin Victor Asemota @asemota]

It is more of a community bank with sensible interest rates. Others should learn from this model. No extreme risk management, but pragmatism.

[Transfer News Live @TNLdotcom]

🗣️ Vincent Kompany: "We will not, under any circumstances, distort the Bundesliga. We will aim to win every single match-day."

[Fabrizio Romano @FabrizioRomano]

🚨 Pep Guardiola: “If we lose, it's over. But the other two results, knowing that Arsenal didn't win against Bournemouth, still we have games to play”.

[🌿O.G. Botanist Johnson 🌿 @Thugg_Speedman]

Before anyone says anything - that's a normal smile for me

[Osaretin Victor Asemota @asemota]

https://t.co/aeT920PSAn

[Osaretin Victor Asemota @asemota]

“It is dangerous to be right in matters where established men are wrong.” — Voltaire

[Osaretin Victor Asemota @asemota]

@Zichivhu Exactly!! All for what? Clout. The worst performing asset is social clout. It is very ephemeral.

[Osaretin Victor Asemota @asemota]

I was talking about a retirement income strategy yesterday and my friend Andrew sent me this video from a company he started with his son in his retirement. I am so proud of what they have achieved so far. What is your retirement income strategy?

[Money Africa @themoneyafrica]

Big win for Nigeria’s markets!

FTSE Russell has officially added Nigeria to its “Watch List” for a possible return to Frontier Market status — after being unclassified since 2023.

Here’s why this is a big deal 👇

[The Best @TheBestqueenx]

"A crooked tree lives its own life, but a straight tree is turned into wood."

—Chinese Proverb