Dangote is worth tens of billions of dollars. He does not have tens of billions sitting in any account.
His wealth is shares. Ownership stakes, priced daily by the market.
And when billionaires need cash, they rarely sell. They borrow against the shares. Selling ends the compounding and triggers tax. Borrowing keeps the asset growing while freeing the money.
Now you understand the game: the poor sell assets to solve problems. The rich borrow against assets and let the assets keep working.
To Nigerians:
Please note that the fed govt has flew multiple batches of stranded Nigerians (many with expired residence permits) from South Afrika back into Nigeria. 100% free. Returnees got settlement packages, including money, from the govt.
I am saying this because there was noise all over the internet, insults on govt, when they were yet to return. Since govt flew them back and gave them incentives, they’ve kept quiet, no acknowledgement.
You might say that it’s the responsibility of the govt—even when many went there illegally, overstayed, committed terrible crimes, caused problems—but if we blame govt, we should also acknowledge the same govt when they do something right.
Nigerian resources belong to us all. But some categories of Nigerians have been selfishly entitled to more than usual. Huge resources are invested on them while the rest of us get nothing. Dis you know how much Nigeria spent to get those Nigerians out of Ethiopian prisons? These same categories also happen to be the most ingrate. Imagine!
Your wife has always being shamed because she looks older and doesn’t conform to conventional beauty, the only thing you could do to throw her to the wolves,telling people she’s not your spec and inner beauty yada yada.
Why?
For the guy to say it out loud, he must have been bottling up those emotions for a long time and the fact that she admitted she is actually stingy without even flinching lol
I'm incredibly honored to have received this award from @InvestmentNews at last week's Investment News Awards in New York, recognizing excellence in wealth management in the U.S.
Thank you to every client who has chosen to work with us at @ArushaWealth
Your trust means everything & it motivates us to continue raising the bar and delivering even greater value to every person & family we have the opportunity to serve
Here's to many many more years 🥂
Nigeria Beats South Africa, Ghana, Others to Emerge as Africa’s Best-Performing Economy — IMD Report
Nigeria has emerged as Africa’s best-performing economy in the International Institute for Management Development (IMD) World Competitiveness Ranking 2026, outperforming South Africa, Ghana, Kenya, Namibia and Botswana on the report’s economic performance pillar.
The report ranked Nigeria 55th globally in economic performance with a score of 45.2, the highest among the six African countries assessed. South Africa followed with 36.27, while Ghana, Kenya, Namibia and Botswana trailed behind.
However, despite leading the continent in economic performance, Nigeria slipped one place in the overall global competitiveness ranking, dropping from 67th in 2025 to 68th out of 70 economies in 2026.
According to the report, weak infrastructure, macroeconomic instability and institutional challenges continue to hold the country back. Nigeria’s infrastructure ranking fell to 70th globally, making it the country’s weakest area.
The IMD also found that Nigerian business leaders see high borrowing costs (67.6%), exchange rate volatility (67.3%) and inflation (61.2%) as the biggest obstacles to competitiveness. Insecurity, unreliable electricity supply and transport bottlenecks were also highlighted as major concerns.
On a brighter note, Nigeria ranked 16th in public finance, 15th in tax policy and 22nd in labour market performance, showing strengths in key areas despite broader structural challenges.
The report concluded that while Nigeria currently leads Africa in economic performance, sustained reforms to improve infrastructure, strengthen institutions and reduce the cost of doing business are essential for the country to climb the global competitiveness rankings.
$MU
MICRON Q1 2026 EARNINGS:
- Major Q3 beat, reporting adjusted gross margin of 84.9%, above the 81.9% consensus.
- Q3 revenue came in at $41.46B, ahead of expectations of $35.59B.
- Adjusted EPS was $25.11, beating the $20.60 consensus estimate.
- For Q4, Micron guided revenue to $49B–$51B, above the $43.24B Street estimate.
- The company expects Q4 adjusted gross margin of around 86%, versus expectations of 83.6%.
- Management said it expects tight memory supply conditions to persist beyond calendar 2027, driven by strong AI demand across all end markets.
Pretty mind blowing numbers, Micron $MU helping the entire market after hours.
They have been together for a very long time. She genuinely liked him before either of them became popular, so you cannot expect those feelings to disappear overnight. It will take a lot of time and effort for her to completely move on and stop liking him.
One question to safeera though,
You’re not pregnant, you don’t have a kid tying you down, you’re very pretty and can get any man you want. why are you still with him?
You don't need to find the next NVIDIA. Even if you invested N30,000 per month into a portfolio of high-quality growth companies after 10 years you'd see the result.
The opportunity when you're young isn't your starting capital it's your time horizon.
A 22-year-old has something a 52-year-old can't buy: 10–20 years for compounding to work.
Most people spend their twenties consuming content. A small percentage spend their twenties accumulating ownership in great businesses. Ten years later, the outcomes can look completely different.
Learn accounting. Learn valuation. Read annual reports. Follow great companies. Keep investing from your salary. Stay patient.
Financial independence isn't guaranteed. But for a young person with a decent income, disciplined investing, and a 5–10 year horizon, the odds are far better than most people realize.
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