This year alone, in just the first few days,
Heirs acquired 20% of Seplat
Otedola sold out of Geregu and bought more First Bank
GB bought Mono.
And I bought Udara nwannu, sweet one.
Looks like a great year for deal making.
Nigerian politicians are painful to watch. Not entertaining. Not dramatic. Painful. A country as large, populous, and strategically important as Nigeria is busy playing small, stupid games while the rest of the world hardens its borders, stockpiles power, and quietly prepares for conflict. This is a dangerous historical moment, and Nigeria is wasting it.
Outside Lagos, this is the richest state in the country, and it has almost nothing to show for it. No shared prosperity. No durable institutions. No civic confidence. Just a handful of stupendously rich politicians, men with so much money and so little restraint that they can destabilise an entire state for sport.
What makes it worse is the audience. Too many citizens watch these manoeuvres the way one watches a Netflix series. With commentary. With jokes. With team colours. As if this were fiction. As if it were not their lives being slowly hollowed out. As if poverty, insecurity, and institutional collapse were abstract concepts rather than daily facts.
This is not a moment for choosing between rival factions of the same rotten political class. There is no moral clarity to be found there. There is no hero waiting in the wings. There is only the insistence that this chaos is normal, that this is how politics works here, that there is no alternative.
But none of this is normal. It is not normal for public office to function as a private war chest. It is not normal for a state to be rich and its people perpetually poor. It is not normal for a country of this size and importance to drift while the world rearranges itself.
At some point Nigerians have to refuse the performance. To stop treating dysfunction as spectacle. To reject the lie that this is the best we can do. This is not politics as usual. It is a slow, collective failure, and pretending otherwise is part of the problem.
BREAKING: Petrol station workers under the aegis of the Concerned Petrol Station Workers have opposed plans by AA Rano to introduce what the company described as Nigeria’s first fully automated and unmanned fuel stations.
For 60 years, multinationals extracted our oil.
This week, Tony Elumelu bought 20% of Seplat for $500M.
We sat with the co-founder Austin Avuru right before it happened.
New episode 🎙️
I figured this out a while ago: equality is a lie. Every functional system operates on a hierarchy and allocates resources based on what is optimal, not based on equality.
The best societies curate their elite and make sure the people who they give responsibility and resources are worth the effort and have earned the right.
People grow by taking on projects, collaborating with more knowledgeable individuals, and having sponsors. This growth is possible because they willingly take on additional responsibilities and demonstrate their ability to manage them effectively.
In 2026, your corporate motto should be “Gbe wa.” If you find yourself working in a terrible organization, remember that you have the option to leave. However, the skills you acquire during your tenure will remain with you.
The cost of running @risevest academy went up by 3.7x when we expanded the class from 30 to 80 people since we also increased the stipends and what we pay the instructors.
Sharing this because there's a real cost to the work but we think it's great to do not just for the students but also for the ecosystem.
BREAKING | BLACK THURSDAY
Renowned author Chimamanda Ngozi Adichie and her husband, Ivara Esege, have reportedly lost one of their twin sons, Nkanu Nnamdi.
According to reports by Punch and Arise News, the baby passed away on Wednesday, January 7, 2026, after a brief illness.
More details to follow.
I worked with the same group of artisans for over 9 years directly and gave them steady jobs, as So Fresh expanded. They basically grew with us, from one location to ten. So, I trusted them. Then in 2019, we employed a bright young facilities officer, and he was in charge of building our next three locations. Almost immediately, he created different schemes to defraud the company.
First, he colluded with the same set of artisans to inflate project costs. He would in fact pretend to negotiate the price down, but it was still higher than it should be. Once payment was made, they would pay him the “extra” added. After a while, he began demanding up to 20% of their own actual fees in addition to the extra he was getting. That’s where the cracks started to show, because they became unhappy. He was basically double dipping.
When some of them stopped playing along, he cut them off and claimed they were delaying work, reluctant to work with him or refusing to meet his standards. That’s when they revolted and came to report what had been happening. I was shocked. After nine years of working together, they were willing to connive with a complete stranger to defraud me. Their excuse was that they were arm-twisted and didn’t know how to come to me. Big fat lie!! They all had 100% access to me. Of course, they only reported him because he had cut them off.
Only one person, Alfa, my carpenter, refused to be part of it. He said the same proposal was made to him, but he declined but he also didn’t report it, he claimed he didn’t know the others had accepted. I chose to believe him. Fired the FO and all the artisans, except Alfa.
Even now, when I think about it, I am still surprised how quickly years of trust disappeared, almost like they were waiting for the chance for 9 years. I never saw it coming. Trust is good, control is better!! No matter how long people have worked with you, strong systems and clear oversight are non-negotiable, especially Naija Artisans!
God, please do not spare me in my sins. Keep my heart sensitive to Your conviction. Never allow me to be at ease with evil, nor to find peace in my rebellion. For if You leave me to myself, I will surely walk away from You.