Lanre Sideeq

Christian | Software Engineer | Enterpreneur | #ANewNigeria #BLW

[Lanre Sideeq @osideeq]

Let's be able to say for sure everyone living in Nigeria is having a Great Life!
#ANewNigeria

[Oreoluwa Bukola, CFA. @BukkyOA]

Applying to so many jobs and getting rejections? Watch this video that explains Stanford’s new research. Now it makes so much sense.

[Nigeria Stories @NigeriaStories]

Legendary Nollywood actor ⁠Nkem Owoh, popularly known as "Osuofia," had revealed that his acting career was an accident and that he was initially pressurized into it.

[Me @myownsay1]

@NigeriaStories That is life for you

Just be you and anything can happen

[The Spearhead @Spearhead_Af]

Africa Is One Market, But Not for Africans

Africa has been treated as one big market for foreign goods, but Africans have been discouraged from treating Africa as one market for ourselves. The same people who tell us continental trade is too complicated have no problem moving their own products across our borders.

They want access to Africa’s market, but they do not want Africa to trade freely with itself. Because an Africa that trades with itself is an Africa that becomes stronger, more independent, and less dependent on foreign imports.

So when you see foreign products everywhere across the continent, while African products remain trapped inside their own countries, understand what you are looking at. Dependency by design.

[Tuchel @Officially_Kriz]

Tosin Eniolorunda, the founder of Moniepoint, talks about how the name "Moniepoint" came about.

It was initially called "Kudiowoego" until an employee came up with the name "Moniepoint" during a naming competition.

[Lanre Sideeq @osideeq]

@FikayoIdowu @OdunEweniyi 😂

[Isaac O. @theisaacola]

In 90 days, foreign investors brought ₦16 trillion into Nigeria. Nearly 73% of it went into one sector. The world's smartest money just told you where to look.

[זעליג @Flame_dab]

They are attracted by cheap banking profits in Nigeria.
Collated money deposits from Nigerians invested in Govt Treasury instruments and bonds.
The Nigeria banking system is a cesspool of capitalist with no strong administrative control.
A system that pays you 6-7% for fixed deposit and maybe 2-3% for savings account (worst still, only when you did not withdraw from it within the month).

With deposit funds, they invest in Govt Treasuries and Bond for 16-18% making cheap profits off money they never worked for.

A system that runs on this model is only typical in Nigeria.

I dare say, if you want to a see a banking sector supporting real growth, make it illegal to invest deposit funds in Govt Bonds and Treasury instrument, better still, if they must invest depository fund in these money markets they do not have return grater that the fixed deposit rate.

If you do this, you will see lazy banks seek out real entrepreneurs to grow the profit. You will see actual bank sector that support ideas, entrepreneur proposals and seek out real fixed deposit and actual bank client.

It will return respect to the real people who make these money they gloat over.

Limit all these charges and useless fees they make for deposit, withdrawal and even stepping into the baking all.

A lot is wrong with Nigerian model of business.

[Lanre Sideeq @osideeq]

@OIuwatosin I honestly will do same

[Nathan @OIuwatosin]

Colleague opened her investment app today, saw that she was down €60,000 on the day, said “oh well” closed the app and carried on the conversation.

If it was me, they’ll hear my scream all the way in Okitipupa. Ondo, Nigeria

[Lanre Sideeq @osideeq]

@jalaal_tweets Good read. Well done!

[$JRD! @jalaal_tweets]

I learnt about this in my Business analytics degree and I’m going to break it down for you.

Temu isn’t shipping your order from a factory in Shenzhen the moment you tap “buy.” They moved away from that model a while back. What they run now is a demand forecasting operation: they collect order data by region, figure out which products people in, say, Yaba or Lekki keep buying, then ship bulk quantities of those products to fulfilment warehouses already inside the UK or US. Your order never left the country. It was already sitting in a warehouse 40 miles from you before you even opened the app.

This is standard supply chain logic. Amazon has been doing it for years. What makes Temu interesting is how aggressively they’re applying it at scale. They’re working backwards from purchase history, search behaviour, and even abandoned carts to predict what needs to be stocked where, weeks before the demand actually lands. By the time you order a #5000 phone stand at 11pm on a Saturday, there’s a reasonable chance 200 of those phone stands are already in a depot near you because the data said they would move in your postcode cluster this weekend.

It’s called inventory pre-positioning, and the predictive layer underneath it is machine learning working on millions of rows of transaction data daily.

The “made in China” framing still applies to where the product was manufactured. That part’s accurate. But manufacturing and fulfilment are two completely separate steps, and people keep conflating them.

What Temu figured out is that fast delivery is a conversion driver, so they invested in the forecasting infrastructure to make it possible without eating the cost of next-day air freight on every order. The warehouse does the work. The algorithm fills the warehouse.

I’m @jalaal_tweets, you’ll learn more about Data and Ai fluency if you follow me.

[Name cannot be blank @hackSultan]

OMG, real estate agents. 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️

I’m complaining about 15M being too much for a 2 bedroom in Lekki and I can literally feel the condescending attitude instantly.
Like, I’m sure even you, you can’t afford to rent this house too.

[Michael Taiwo @AskMichaelTaiwo]

I am one very proud Uncle!

Yesterday, my oldest niece finished with a perfect GPA (4.30/4.30) from the University of British Columbia, one of the best schools in the world.

Across the world, her own cousin, my nephew, graduated from the IB program in Greensprings Lagos as the Best Student in Economics and in Business Management. This young dude has bagged scholarships worth over one million dollars!

If you see me start walking differently it’s because my family is making me super proud and happy.

I can retire now. Let the kids take over. 🔥🥰😎

[OLORUNWA 👑 @GODDEYGD22]

This man struck gold

The Rule of Thumb with Women and Relationships

Any woman that is not actively trying to help you reduce spendings or save money is not the one for you

Know this and know peace

[Oge of Web3 @official_QV]

Tola’s wife is getting praised for basic financial sense.

Which tells you how low the bar has been.

The fact that “she made sure we had a home before the wedding” is viral news means most people go into marriage without doing this.

We have normalized financial chaos as romance.

[Osaretin Victor Asemota @asemota]

After a certain age, road rage is no longer an option. You let those who think they are in a hurry cut in front of you while you enjoy the luxury of the time you have and remain grateful.

This evening, taking my time saved me from running into a broken-down truck in the dark. 🙏🏿

[Olúwatósìn Olaseinde @tosinolaseinde]

Remittances hit $56 billion into Sub-Saharan Africa in 2024. Almost none went into assets. Sending money home is generosity. Investing is ownership. Your family deserves both.

[Lanre Sideeq @osideeq]

@TomolaGroup @Jimmyflames ..and it wasn't rocket science
PS: you need to add that