I’ve spent the past couple of weeks building Looters: a public archive of Nigerian political corruption since the 1990s.
Governors, ministers, shell companies, Swiss accounts, the Jersey trusts, — one searchable graph.
You too can connect the dots: https://t.co/faIfzWfAIp
Here's what we know so far about foreigners in the country:
- In 2024, we had 63,203 Congolese in the country, up from 45,266 in 2020.
- Burundians doubled from 16,520 in 2020 to 32,380 in 2024.
- Rwandese increased from 1,871 to 3,024.
*Only includes those registered.
Before the conflict:
Saudi exported ~7.2 million b/d of crude at ~$67/bbl
Annualized = $176 billion a year
After the conflict:
Saudi exporting ~4.8 million b/d of crude at ~$130/bbl
Annualized = $227 billion a year
JP Morgan on oil:
"Yemen’s Houthi rebels have now formally joined the escalating Middle East conflict. While their involvement is not yet decisive, it introduces a second maritime pressure point in the Red Sea, alongside the Strait of Hormuz.
The immediate implication is geographic: the conflict is no longer concentrated in the Persian Gulf and around the Strait of Hormuz, but now extends into the Red Sea and the Bab el-Mandeb—one of the world’s most crucial chokepoints for crude and refined product flows. In effect, two major corridors of global energy trade are exposed simultaneously, narrowing rerouting options and increasing system-wide supply-chain risk."
🇯🇵 Yamaguchi-gumi is Japan's largest yakuza syndicate. It was founded in Kobe in 1915, with thousands of members.
The Yamaguchi-gumi were the prevailing syndicate in the Yakuza Wars during the 1980s.
You can see the old man opening the door is missing a few fingers 😬
Senegal plans to close 19 government agencies to save approximately $98 million over three years and address rising debt.
The closures impact nearly 1,000 employees and are part of broader efforts to streamline government spending and control debt.
Senegal's public debt reached 132% of GDP by the end of 2024, prompting stronger financial controls and pay scale harmonisation.
Other African countries, such as Nigeria and Ghana, have struggled with similar issues, but few have implemented effective agency downsizing.