The sun King ☀️👑

Invincible under the 🌞

[YOM🗣️ @ThaBoyYom]

Oh shet!!🔥🔥🔥🔥🔥🔥🔥

[Oluwabori 🌼🌸👷🏽‍♀️ @iam_olubori]

“He help me set up my business but he is stingy”

Mental illness no pass like this tbh

[El loco Jon Crazy @ElLocoJonCrazy]

@SLOplays I don't blame you for not noticing that before, the fight is very poorly directed, you can't understand a damn thing that's going on unless you watch it like 10 times.

[👑S.A.L.A.K.O🕊 @UnkleAyo]

I really want my brothers to know that:

What you don't journal, you cannot track.

What you cannot track, you cannot measure.

What you cannot measure, you cannot control.

What you cannot control, you cannot optimize.

If you cannot optimize, you simply cannot be better.

[Morris Monye @Morris_Monye]

The rate at which MTN data finishes.

I don’t want to set camera and be shouting MTN!!!!

Please MTN take a look at it. I feel Nigerians are getting exploited.

This is last warning.

[Udy Highs @UdyHighs]

This is another food killing Nigerians slowly especially kids. Indomie Noodles has an average of 1240mg of Sodium on one serving (written on their pack) 🥶. They also add sugar to make it sweet after adding that so much sodium. You can now understand the high rate of hypertension and risk of heart attacks and strokes in Nigeria.

[Kalu Aja @FinPlanKaluAja1]

What!!!

Best story all year

[Tunde Onakoya @Tunde_OD]

Forgotten in an IDP camp just 6 months ago in Adamawa, to winning a silver medal+100 dollars at the Chess and community conference in Athens, Georgia 🇺🇸.

This is what dreams are made of❤️

[Teejay💋 @itstejbaby]

i smiled all through reading it🙂‍↔️

[Teejay💋 @itstejbaby]

YOOOO
MY FRIEND JUST WROTE 16 things HE LOVES ABOUT ME
MY HEART BLUSHING RN
to be loved is to be seen y’all🥹

[Dot8♤♡ @ayo439]

Boyyssssssss, which update are you making money from rn?, help other guys here
PLEASE

[The sun King ☀️👑 @Soltaire_]

@Rovingheights @moniepoint A book I'd like to have.

[Kalu Aja @FinPlanKaluAja1]

Was Air Peace assuming they would let him gain market share without a fight?

Oga Allen, they will fight for every seat, It is called competition and it's not all fair

They have their advantage, they can use their currency to pay for maintenance and insurance, Air Peace has to earn in Naira one way on all its flights

Sir Allen, outthink them

You have an advantage, you can do local flights, so start there. Immediately start your loyality program, i fly London to Lagos, I get 25% off Lagos to Abuja

Make that loyalty transferable, even better a cash transfer. So if I pay foreign exchange, Air Peace will either give me 25% discount on local travel or 10% cash back paid in Naira Thats transferable to a beneficiary of my choosing

Fight them by bundling your services with local services for a start

Then next get the Aviation fuel sold to you on credit payable after 36 months

Oga Allen you fight them with unique home advantage

No one will see cheap flight and ignore, so your flight have to be the cheapest

Wish you the best

[Kalu Aja @FinPlanKaluAja1]

Nigerian investors or living in Nigeria ?

2024 is the year of diversification.

Diversify your earning
Diversify your currency holding
Diversify your investments portfolio
Diversify “geography”

Your target is the maintaince of Naira purchasing power in 2024, meaning if you earn Naira, we want a way to avoid Naira inflation as much as possible

Options?

1. Dollar savings account in Nigeria, not domiciliary ooh unless you are paid interest in your soon account , many options, look up @fcmbassetmgt as an option

2. $ dividend paying ETFs, you can buy from Nigeria, SEC registered apps include @investbamboo @cowrywise @ChakaStocks

3. $ Money market same as 1. @afri_invest has one also

4. Foreign REITs @Vanguard_Group has options with low expense ratio VNQ

5. Holding gold or silver or precious metals you can buy ETFs that hold gold

6. Commodities, simply buying a bag of rice is also commodities but look up @AFEXNigeria

7. Stablecoins (do serious due diligence)

8. High yielding Naira bonds snd equities , will experience Naira inflation but reduce the real negative return, ask your local bank or stockbroker

9. High dividend paying Nigerian stocks, just like high yielding Naira bonds, your return may be negative in real terms but you are reducing the gap. Use SEC licensed brokers a few i know @asaminvestment @coronation_ng @CSLStockbroking @optimusng

10. Foreign gigs that pay $, learn a skill and sell online, charge in $ look at apps like @fiverr

11. $ Bonds issued in Nigeria, this is still in proposal stage, if it’s available in 2024, it’s a good way to diversify

12. Accepting payments in kind not cash, see if you can get paid in something rather than currency e.g fringe benefits like free rent

[Kalu Aja @FinPlanKaluAja1]

You want to know where the Naira will go?

Look at indicators

1. Crude oil output
2. Capital importation
3. FDI

1. Nigeria is doing 1.4mbpd, for context Nigeria did 2.2mbpd in 2005. So 1m is “missing”. Negative for Naira🔻

2. Capital importation into Nigeria for three months is just over $1b. This is really too little to meet demand. Thats why P2P is popular, manufacturers and importers need $ 🔻

3. FDI, Nigeria, the largest economy in Africa attracted less than $200m in three months.🔻

The exchange rate is the report card, it is not the exam. If the economy does not export oil, or attract capital and FDI, then its other options are Remittances and loans.

Remittances, for now, are favouring the P2P

This is just so you understand the dynamics, you can't wish, pray or arrest your way to a strong naira, a strong naira needs exports.

Kalu Aja

[Rozzz 🖤🤞🏼 @s_rozzz]

DS 7 : Okay

@Iam_Magixx

[Olumide Adesina @olumidecapital]

A country that hasn't invested deeply in education and agriculture can't be trusted with climate change initiative

[l○wkēy•AHMAD ➐ @Graaffiti]

Imagine all Anime characters were in Nigeria

[Kalu Aja @FinPlanKaluAja1]

The Chain reaction

1. University system undergoes numerous consistent strikes due to poor funding and neglect

2. The quality of Nigerian graduates falls

3. Nigerian economic growth stalls, wage growth is frozen even as costs rise

4. Nigerians emigrate abroad to seek better education and wages. Phillips Consulting revealed in a recent survey that about 52% of Nigerian professionals are considering quitting their jobs and relocating abroad within a year.

The Nigerian market faces a quality and quality labour problem as there are not enough technically trained Nigerians in Nigeria. This shows up in various ways, e.g. Nigerian hire foreigners to to plaster interior of buildings (POP) and build complex oil refinaries...(11,000)

Nigerian has a serious skilled manpower shortage. It's not apparent now because the economy is operating well below full employment capacity.

During the Naira design change the lack of technical dept in the IT department of Nigerian Banks was exposed, and that issue has not been addressed, because the banks can't create quality graduates, the schools can

This shortage of skilled labour will become a drag on the economy soon, currently all banks and most multinational have inhouse or external training to "brush up" the quality of Nigerian graduates.
Most of Nigerian mulitnations and largest capitalized companies are staffed by foreigners, how soon before Nigeria starts to see doctors from Cuba or Engineers from India? They are cheaper and more "predictable" in costs than training a young Nigerian who will Japa.

Serious questions whose solutions start with identifying the problem then appointing quality minds to solve it.

One way is to insist that The position of Minister of Labour can't be the usual "compensatory" position to appease a godfather somewhere

The last Minister of State for Labor was simply the ruling party paying for a Twitter attack dog with tax payer funds, his labour was on keyboards not job boards...dont do this again

Get a coordinator who will understand job creation and how to work with teams from Finance, Budget and Planning and Education to achieve results.

For instance, why is there no University of "Nollywood". The movie industry is one of Nigeria highest private employer of labour, why have we not codified the skills needs then created a curriculum to teach this in school and set a standard. Thus to be really recognised as a "Nollywood" camera man in Ghana or Mozambique you need to have the NFB certification issued in Nigeria.... Just as Nigerians get the "CFA" certification issued in America

The point is recognize the opportunity and build an enterprise around it

It's not easy, it's hard, but that why it payoff is huge.

This is how economies that employ millions are built