Arakunrin_dudu

You must set forth at dawn.

[Arakunrin_dudu @IbrahimKaz66394]

@cowrywise I guess you wanted to say 100k every week

[Nairametrics @Nairametrics]

Episode 35 of The Nigeria Briefing highlights aggressive monetary interventions to stabilize the FX market alongside notable shifts in corporate cost structures and maritime logistics.

To hold the naira around 1,348/$, the Central Bank of Nigeria sold $950 million to banks in the final week of October alone—part of a $1.98 billion FX intervention across the month—while simultaneously absorbing ₦2.9 trillion (~$2.15B) in open market operations. Despite these interventions, gross external reserves ended October higher at $55.22 billion.

Here are today's core developments.

[Rufybaba @Rufyb]

The biggest and the most disastrous economic mismanagement mankind ever witnessed in the 66 years of Nigeria's independence happened between 2015 - 2023.

Tinubu played a supermajority role in making that happen. For that alone, he deserves all the fall. I don't pity him.

[Arakunrin_dudu @IbrahimKaz66394]

@Rufyb Does @cowrywise allow buying for my kids (minors). when I open the nest account, it does not give option of buying shares or right issues.

[Arakunrin_dudu @IbrahimKaz66394]

Me patiently waiting for @Rufyb’s take on Dangote refinery IPO updates.

[WelBeast @WelBeast]

Wait, Brighton were missing 7 players when they played Chelsea yesterday?

[Rena @reemorelove]

Burna Boy is a national treasure 🎯

[chim @deywiichim]

Cole Palmer's funniest moments 🤣

[Onyeka Nwelue @onyekanwelue]

When I told Professor Wole Soyinka that my knee surgery cost about 39 million and that I had about 10 million to pay the hospital, he said: “Let me get to Lagos this Friday and see what I can send.”

I sent him the bank details of the hospital.

By Monday, he messaged me: “Receivng no notification from you, I asked my bank for confirmation that the money has been sent. Forwarding separately the affirmation documents from the bank in case you need to track the funds. Bank document attached in case you need to track the remittance. I just wish to ensure it's landed in the right place.”

When I reached out to the hospital, they confirmed they had received the complete money.

What could I have done without him?

[Arakunrin_dudu @IbrahimKaz66394]

@twofiq @Nairametrics Really, I will check it out.

Tier 4 data center is mostly available by design in Nigeria due to high cost.

[Arakunrin_dudu @IbrahimKaz66394]

I don’t hate AI. I hate being force-fed it.

[Arakunrin_dudu @IbrahimKaz66394]

There was a riot going on and Palestinians were throwing stones at the Israeli border patrol so they strapped him to the hood of the car hoping this would stop the Palestinians from throwing rocks. Badwan survived this.

[Arakunrin_dudu @IbrahimKaz66394]

@Nairametrics Is attendance free?

[Arakunrin_dudu @IbrahimKaz66394]

Until the dip actually arrives and suddenly nobody feels brave anymore.

[Arakunrin_dudu @IbrahimKaz66394]

Lately the stock market feels weirdly exhausting.Not because everything is crashing.Honestly I think this kind of market is mentally harder.When you are sitting on cash, you are scared of missing the next move higher.

[Arakunrin_dudu @IbrahimKaz66394]

AI stocks still dominate the conversation.Some people are convinced we are still early.Some are quietly trimming positions because valuations are getting harder to ignore.And then there are people who keep telling themselves they will buy the next dip.

[The Spectator Index @spectatorindex]

BREAKING: Oil prices fall by 5%