Kunle

Professionally, I do interesting stuffs like growth investing. Here, I just mess around. Don’t take it too seriously

[Kunle @KunzyLee]

@seyedele @dayozilon Wait. Fgc ik?

[Kunle @KunzyLee]

@jon_d_doe I’m already getting tired of it and e dey chop money die

[Kunle @KunzyLee]

@IamDexterity Its just insane.

[Tomisin Alùfógejó 🇳🇬 @IamDexterity]

This is why governments exist, however Nigeria has slave masters

[Rufybaba @Rufyb]

And using this perspective too, it is still somewhat an anomaly.

[Kunle @KunzyLee]

@Rufyb This doesn’t look good at all. This is basically zero personnel costs. And it’s distasteful considering how this entire ipo story was spun. Ipo for the people when even a meagre esop of 0.5% wasn’t issued. Baba just be keeping the billions to himself

Pretty distasteful.

[Kunle @KunzyLee]

@babajydo @olateeman Bruhh

Like? Just unproductive set of folks

[Kunle @KunzyLee]

Too much loitering. All the time

Who are those people?

[Sir Teeman @olateeman]

This is MMIA Lagos....

[Bola Ahmed Tinubu @officialABAT]

BUILDING AFRICA’S NEXT GENERATION OF GLOBAL DIGITAL COMPANIES FROM NIGERIA

Nigeria has the talent, enterprise, and ambition to build companies that can compete anywhere in the world. Our responsibility as a government is to ensure that Nigerians do not have to leave Nigeria or rely on other jurisdictions to realise that potential.

For too long, some of our most promising young entrepreneurs have felt compelled to establish their companies and intellectual property abroad to access global capital and markets. I do not accept that this must remain the case.

I want the next generation of African technology, finance and service companies to be built, headquartered and scaled to the world from Nigerian soil.

[Financial Dystopia @financedystop]

Accurate

[Kunle @KunzyLee]

Looks real to me

[Charly Wargnier ♨️ @DataChaz]

my mum asked me if this was real

[Kunle @KunzyLee]

@jon_d_doee Chaiii

[Kunle @KunzyLee]

Chaii

I kept waiting for this competition

[BusinessDayNG @BusinessDayNg]

Mafab Communications, the Nigerian telecommunications company backed by businessman Musbahu Muhammad Bashir, is seeking to transfer key spectrum assets to MTN Nigeria, potentially ending its run as one of the country’s 5G network operators...

https://t.co/fAEtku75pt

[Kunle @KunzyLee]

@SirJarus Institutional or individual?

[Kunle @KunzyLee]

@benawoks Good piece. But not sure I got the koko of the gist. i know its there, but perhaps being more direct would help

[Olumide Adesina @olumidecapital]

Behavioral finance highlighted that the pain of losing money is twice as powerful as the pleasure of gaining it

[Kunle @KunzyLee]

@olumidecapital Loss aversion

[Kunle @KunzyLee]

😫😫

[Portharcourt Specials @phspecials]

Man caught producing fake adulterated drinks at Emenike street in Port Harcourt.

[Mukachi no Ōu🔻 @ashita_valdez]

BTW, this is highkey the mentality we should have towards the government.

[Kunle @KunzyLee]

There are many things at play here

1. Cost of funds - have you tried to get a loan from Nigerian banks?

2. Fragmentation. Too many small players. Meaning low to no economies of scale

And then do you consider import duties?

[Ossai of Enugu @ossaivictor1_]

A Nigerian business man will never buy a car for 27 million Naira from China and sell it for 30 million Naira.

He will sell it for over 35 to 40 million Naira making over 8 to 13 million Naira profit from just one car.

but a Chinese man will bring the same car to Nigeria and sell it close to 28 million Naira for you with just 2 million Naira profit at times not even up to that.

Nigerian importers are the problem we have in this country.