The Pyrotic Dr.

Seeking Perfection in God's Love - Financial Analyst - Financial Literacy Advocate - Macro Economist - Panel Moderator - Corporate Compere

[The Pyrotic Dr. @JoshIridescent]

Let me reintroduce myself 😎

[Rufybaba @Rufyb]

One moment, the USD is losing value and investors are considering gold. Befofe you know it, the greenback is roaring again.

Recently, I expressed my dissatisfaction about the loan the FGN took from the Abu Dhabi bank. The update below is one of the major concerns.

Three things about that facility:

▪︎ Nigeria borrowed through a Total Return Swap (TRS) rather than a conventional loan.

▪︎ The pricing is approximately SOFR + 395 bps on the first tranche (and SOFR + 400 bps thereafter).

▪︎ Nigeria posts naira-denominated government
securities worth about 133% of the loan amount as collateral.

Higher US interest rates means higher SOFR rate which raises the borrowing costs.

Higher US interest rates usually attract capital into dollar assets. That tends to strengthen the dollar globally. The domestic FX market will feel it, and that will force the hands of the CBN. This leads us to the next headache.

Nigeria pledged naira government securities as collateral. If domestic rates rise, the price of the Nigerian bonds fall and this means that the value of the collateral falls. That is effectively a margin call. Nigeria would then need to provide additional collateral or cash.

The Abu Dhabi bank will be well protected, The Nigerian citizens will not be.

[Cyrus Tha Virus 👑🦏 @Cyrus_ThaVirus]

Watching South Korea V Czechia match right now & it is like i’m watching with my Warri friends!😂😂

Your pidgin commentary is so sooooo beautiful & I’m so proud of you! Your energy na èlèle!!🙌🏾🤣👏🏽👏🏽

You’re actually waking up the World Cup spirit in me!

Let’s go!! #SSFootball

[Jesse Cohen @JesseCohenInv]

🚨There is now a 50%-50% chance that the Fed will hike rates by the end of the year.

Welcome to your first day on the job, Kevin Warsh.

[ARISE NEWS @ARISEtv]

UBA: 2025 Dividend Skip Is Temporary, ‘We’re Going After Defaulters’ for 2026 Return – Alawuba

UBA has a long history of dividend payments, with yields sometimes reaching double digits. We paid dividends consecutively from 2023 through the first half of 2025. However, the Central Bank of Nigeria gave banks a window to exit the forbearance regime, and UBA was one of the banks that did so. That required us to reclassify certain accounts in line with prudential guidelines. We made provisions of about ₦331 billion, which pushed our non-performing loan ratio above the threshold required for dividend payment.

Oliver Alawuba, GMD/CEO, United Bank for Africa

[Instablog9ja @instablog9ja]

UK to introduce lifelong ban on buying tobacco for anyone born after 1 January 2009

[IFÁ FUNSHO 𓋹 @funshographix]

How these guys were able to dance to Fela instrumental without missing a step baffles me. Beautiful ❤️😍

[The Pyrotic Dr. @JoshIridescent]

@Daisy_Iloba Thanks @Daisy_Iloba

[Bremen @Rxbremen]

From Bolaji Balogun explaining the mistakes and terrible move investors made in 2015 on the power sector privatization.

[The Pyrotic Dr. @JoshIridescent]

@stylebender Champion attitude!

I can bear your defeat, but giving in to defeat is what I can't bear.

Remember your training with Goggins. You just discovered a new height to break out from. THAT IS GROWTH CHAMP.

You inspire my recovery journey because you never gave up,

RESPAWN!!!

[David Hundeyin @DavidHundeyin]

I recently mentioned on a podcast that if you plot China's 40-year economic rise on a graph from 1980 to 2020, it is almost perfectly and positively correlated with Africa's population growth from 480 million in 1980 to 1.4 billion in 2020.

Almost nobody who watched that podcast understood that I was trying to tell them that at least 1 billion Africans who draw breath on this continent today owe their existence to China. Without China acting as an economic and political counterbalance - especially after the Soviet Union collapsed - Africa would have been fully recolonised already, and Africans would have been a marginal presence in Africa by now.

And the world wouldn't call it genocide. They'd just blame it on some imaginary African disease or genetic defect, and they'd build a small museum in Cape Town to remember the people that once lived here.

Geopolitical and historical illiteracy is when you can't tell who is your predator and who is the entity taking most of the bullets that were meant for you. Instead you go around choosing allies and enemies based on advice from the same people who once carved up your continent and its people across a table in Berlin like a cake, and gave it names like "Southern Rhodesia", "Upper Nyasaland", "Johannesburg", "Gold Coast", and "South Africa."

[The Pyrotic Dr. @JoshIridescent]

Ranking the Funniest & Cutest Baby Reactions Ever! 👶🤣😍 #rankingvideo #fu... https://t.co/sxhHBpXSWc via @YouTube

[Rufybaba @Rufyb]

In the entirety of FY 2025, the market created ₦37trn wealth for investors.

So far in FY 2026, it has created another ₦22trn wealth for investors (60% of last year's).

The info on the table below says that 40 stocks account for 95% of the entire market, and these 40 stocks also account for 95% of the +22% YTD market return.

The top 10 stocks account for c.80% of the total market gains so far, with MTNN leading the charge - singularly delivering one-quarter of all the gains (i.e., wealth) in the market.

Any name you do not see there is under "others".

I am very calm. I am looking at the top 10 names there and pairing them with their fundamentals, and I am super calm.

✌🏻✌🏻✌🏻

[The Pyrotic Dr. @JoshIridescent]

Tony Robbins Saves This Woman's Marriage by Showing Her the Truth About ... https://t.co/EgEmz3bkkc via @YouTube

[Wolf of NGX @ngx_wolf]

Horseman III: Femi Otedola (The Surgeon)

Femi Otedola doesn’t build plants; he cleans boardrooms.
While others are obsessed with industrial scale, Otedola is obsessed with Governance. He is the NGX’s most clinical investor: a man who buys broken icons, fixes their leadership, and watches the valuation explode.

Here is the deep dive on The Surgeon. 🧵👇

#NGX

[MrBanks💰 @Mrbankstips]

What’s your ikigai

[The Pyrotic Dr. @JoshIridescent]

https://t.co/sJUPloH6AD

[The Pyrotic Dr. @JoshIridescent]

In fraternity, in the simple life, in the art of asking without shame and offering without ulterior motives, a joy is born that the world does not know. A joy that restores us to the original truth of our being: we are creatures made to give and receive love. Pope Leo XIV

[The Pyrotic Dr. @JoshIridescent]

The Lord descends where man has hidden out of fear, and calls him by name, takes him by the hand, raises him up, and brings him back to the light. He does so with full authority, but also with infinite gentleness, like a father with the son who fears that he is no longer loved.