🚨 This was the most insane single day in American foreign policy in a generation and most people missed half of it..
> Iran agreed to suspend its entire nuclear program — indefinitely..
> Iran agreed to never close the Strait of Hormuz again..
> zero dollars changed hands.. no frozen funds.. no pallets of cash..
> the US naval blockade on Iran stays up until the final deal is signed..
> Trump publicly ordered Israel to stop bombing Lebanon — used the word PROHIBITED in all caps..
> Netanyahu went on live TV and admitted he was acting on a US request..
> Defense Minister Katz got overruled within hours after saying Lebanon ops "have not yet been completed"..
> a 10-day Israel-Lebanon ceasefire took effect overnight.. displaced Lebanese civilians started walking back to their villages..
> oil dropped 12% in minutes.. global equities surged..
> Iran's Foreign Minister declared the Strait of Hormuz "completely open" — first time since March 27..
all of this.. one Friday..
if you're not following me you're finding out about this 48 hours late from someone who read my post..
Daily Currency Exchange Rate Update: 16TH April 2026
The naira saw mixed movements across markets today. If you’re holding forex, calculate how these shifts affect your pocket, what’s your gain or loss in just 24 hours?
So you thought the FITCH Rating Report on the Nigerian Economy or Chatham House’s statement that Nigeria now has its most competitive economy in years was wrong? Well… JP Morgan has also just released a report on Nigeria
JP Morgan’s Latest Report: A Resounding Global Endorsement of Nigeria’s Economic Renaissance
1/ In a clear sign of confidence, JP Morgan has upgraded Nigeria’s economic outlook, naming us a top frontier market. From Lagos to London, investors see Nigeria’s reforms as transformative, reducing risks and unlocking prosperity.
According to JP Morgan’s comprehensive analysis, Nigeria’s foreign exchange (FX) reforms, led by President Bola Ahmed Tinubu’s administration @officialABAT, have significantly enhanced market transparency and boosted investor confidence globally.
/
#BetOnNigeria
Warren Buffett’s 2 approaches to diversification:
“Very few people have gotten rich on their seventh best idea, but a lot of people have gotten rich on their best idea…”
BlackRock CEO Larry Fink: "this is an opportunity to look for opportunities"
"This is not a pandemic. This is not a financial crisis. Is something that we have created. United States, post-World War II, was a global stabilizer. We are the global destabilizer."
"That's a very hard thing to say because I pride ourselves of bringing the leadership, bringing the conversations. But I will say the power of US capitalism is still alive. They still want to engage, they still want to build. So long term, I'm less worried about some of these issues, but in the short run, I'm petrified"
Do you get that the monetary order, the domestic order, and the world order are breaking down? Do you understand why and what that is likely to lead to? If not, I suggest that you read my last book or watch my video both titled "Principles for Dealing with the Changing World Order” or at least watch the 4-minute summary clip from the video here.
I also cover how these orders are changing in my new book “How Countries Go Broke: The Big Cycle." I’m not asking you to believe anything: I am suggesting that you consider the reasoning that I laid out in these and decide for yourself what’s true and what you want to do about it.
WHERE IS NIGERIA ON THE IMF DEBTOR LIST?
Top 5? -------- not that bad!
Top 10? ------- not there!
Top 15? ------- check nexk door!
Top 20? ------- not found!
Top 25? ------- keep going!
Top 30? ------- try more!
Top 35? ------- error 404!
Top 40? ------- nah!
Top 45? ------- search on!
🇳🇬49th — $407.23 million as of 02 Apr 2025.
-SDR converted to $
#Statisense
(IMF)
My all-time favorite investing book?
It might be One Up on Wall Street. It's full of investment wisdom
Here are the 10 most valuable lessons from this classic