It is highly interesting and deeply ironic that Nigeria is currently being paraded as having the "world's best-performing stock market."
To put statistical illusion into clear mathematical perspective, South Korea comfortably has over 200 publicly traded companies with an individual market capitalization exceeding $1 billion USD. In stark contrast, the total number of companies on the Nigerian Stock Exchange with a market cap exceeding that same $1 billion mark sits at a measly, fluctuating 11 to 18. Furthermore, the South Korean Stock Exchange is home to over 2,500 listed companies, whereas the entire Nigerian stock exchange is struggling to maintain even 150. To make matters infinitely worse, the annual revenue of just one single South Korean conglomerate, Samsung, comfortably exceeds the entire, devalued annual Gross Domestic Product (GDP) of the Federal Republic of Nigeria.
So, it is obviously completely insane and deeply delusional to imagine that Nigeria is genuinely outperforming the rest of humanity in its actual economic output, industrial productivity, or stock market indices. Nigeria is currently the undisputed poverty capital of the world, where small businesses are collapsing by the dozens every single day. So that begs the question: what does this glowing market report actually mean for the ordinary people of Nigeria?
Well, for one, if a struggling, debt-ridden developing nation suddenly starts to heavily outperform advanced, highly industrialized nations on its stock exchange, it is actually a massive, flashing red indicator that the country in question is facing a severe and monumental hyperinflation. Nigeria is currently experiencing historic, record-breaking inflation, so this stock market boom is merely an indicator that wealthy oligarchs, institutional investors, and local investment banks have smartly recognized that if they hold their cash in standard bank accounts during this highly volatile period, they will lose their purchasing power every single day. Since they cannot easily access scarce foreign currencies like US dollars or Euros due to strict government currency controls, they desperately dump their fast-depleting Naira into solid, tangible local stocks like Dangote Cement, BUA Group, or MTN Nigeria just to preserve their wealth.
So, this triumphant news report that we are passionately commanded to celebrate is actually a terrifying warning sign that Nigeria is experiencing severe, runaway inflation. The local elites, corporate cartels, and bank directors are frantically tripping over themselves to buy blue-chip local stocks strictly to hedge against currency collapse, and this sudden, desperate surge in local demand has artificially driven up the prices of these shares to such a disproportionate, heavily padded percentage that on paper, it looks much more profitable to invest in the Nigerian stock market than in the highly productive, technologically advanced South Korean stock exchange.
Another major reason for this artificial stock market spike is the aggressive, reckless increase in interest rates by the Central Bank of Nigeria on behalf of the IMF and the World Bank. While this brutal rate hike has successfully collapsed thousands of local manufacturing businesses because commercial banks are now charging as high as 40% interest on business loans, it has also temporarily attracted a massive influx of volatile "hot money" from foreign speculators who are lending money to the Nigerian government by purchasing short-term treasury bills and sovereign bonds just to greedily exploit these high yields.
It is crucially important to historically emphasize that Nigeria is absolutely not the only developing country to be declared the "best-performing stock market in history." Mexico proudly achieved this exact same fraudulent title in the run-up to 1994, and it ended up almost collapsing their entire national economy into absolute oblivion. At the time, the Mexican government, acting on the strict advice of the World Bank, aggressively increased interest rates and adopted painful Structural Adjustment Programmes that triggered massive hyperinflation across the country. This temporarily, artificially increased their foreign reserves as yield-hungry international speculators dived in to exploit these high interest rates, causing their local real estate markets and stock exchanges to explode into a virtual goldmine for foreign investors. But this artificial boom did not even last for a few years. The moment the United States Federal Reserve increased its own interest rates, international investors panicked, liquidated their assets overnight, and pulled their hot money completely out of Mexico. This massive, sudden capital flight almost collapsed the Mexican Peso, forcing their desperate government to raise domestic interest rates to an astronomical 70%, but even this extreme measure was not enough to save the country from descending into total state failure. This was the exact moment Mexico was forced to accept a humiliating, sovereignty-destroying bailout from the IMF and the United States totaling a massive $57 billion. Exactly $20 billion of that came directly from the US treasury, but it came with the highly insulting, neocolonial condition that all revenues from the global sales of Mexican state-owned oil must be deposited directly into the Federal Reserve Bank in New York City as collateral to secure the debt, while the IMF forced even more brutal, structural adjustment programs on Mexico that the country has still not fully recovered from even to this very day.
So, while this stock market boom is currently being heavily marketed as another monumental, ground-breaking macroeconomic achievement by the Tinubu Administration, it is in reality extremely dangerous, deceptive, and reckless. Not only does it completely fail to reflect the actual, material reality on the ground, which is that Nigeria is currently the bleeding poverty capital of the world, but this exact, artificial economic bubble has the direct, terrifying potential to completely collapse the Nigerian economy, trigger massive capital flight, and permanently reduce the country to a subservient, bankrupt puppet state run entirely by the harsh austerity measures, economic dictates, and financial chains of boardroom terror organizations like the IMF and the World Bank.
Alex Onyia is changing the old order.
In our lifetime, billboards are being put up, not of politicians, not to celebrate corrupt individuals, not of ads, but of a kid who won a medal in a competition.
A billboard to celebrate education.
This is going to change many people’s perception of education.
Alex, take your flowers. May the almighty bless you! 🙌
This is how to curb the Olodo Uprising. We can't wish it away. We have to start celebrating excellence like this. We have to start celebrating the right things.
Imagine the number of kids who would want to be celebrated like Ebubu. Imagine the number of kids this would inspire.
I always argued against this in the past talmbout "it's a natural occurrence" until one day I was alone in my hostel room in 2012.
Block 13, Room 7, Redeemer's University.
I was half asleep that evening, doors locked. But I can recall like it's yesterday that I felt someone enter the room. It wasn't a dream. I shrugged it off but I still felt that uncanny sensation that there was someone there.
I shrugged it off and turned to my side then suddenly I got the urge to fight my fears and shout, "who is that?"
Then I realized I couldn't speak. Hellooo?
I tried again, nothing. Then I shouted "Jesus...Jesus" inside oo but softly, after which I realized I could now speak. The moment I stopped, my speech progress regressed again. Mind you, by now, I was fully conscious.
I shouted the Jesus properly this time till it all cleared. Walked around the room, checked windows, checked my door, then stayed awake till daybreak. My faith no reach. 😂
There is definitely a physical cause, but trust me, there are also metaphysical causes to events and having the backing of Jesus Christ is a weapon everyone should have.
3 Nigerian students also earned medals at the 2026 TeenEagle Global Finals held in the UK 🇬🇧.
Chioma Ezedimbu: 🥈 in Productive Skills.
Amarachi Mitchell Orji: 🏆 in Productive Skills.
Ugwu Kassandra Chimziterem: 🏆 in both Receptive & Productive Skills.
Academic excellence.
In 2023, I applied for a position at Zenith Bank and was successful. I completed all the rigorous stages of the employment process and received my official offer letter from the HR department via email.
While my colleagues proceeded to Abuja to collect their posting letters, I declined to do so due to my strong passion for teaching. Fast forward to 2026, I have successfully completed my MSc in Mathematics and Education.
I am also a SEMO and I-STEM Champion, in addition to several other notable academic achievements.
I don't regret being a teacher!!!
In 2023, I walked in and deliberated in the same room with the Mayor of Sicily.
Only Education made that possible.
The rooms I've walked into, the hands I've interacted with, the dreams my mind has incubated - Education was the only reason.
SCHOOL IS NOT SCAM.
Unfortunate greetings to you @OgbeniDipo
This message is not in anyway intent to educate you, you've descended below the capacity to retain any form of intelligence - it is intended to ridicule you.
Absolute wonderkids went to represent the country you claim to love more than us, they excelled wonderfully only for you to dogwhistle your fellow ewedu crooners to a space in order to ridicule them on the grounds of their ethnicity.
You and your fellow guttersnipes love to exist in the delusion that you're the most educated tribe - as someone who has twice whatever the height of your academic peak is, no modicum of education shines through you - just bubbles of intellectual fraud & disgusting bìgötry (I added the ami ohun to satisfy your insatiable need for cultural preservation.
For years, you hawked CV reviews like your life depended on it - when it stopped putting food on your table, you began to ridicule education to promote the akaranification & kukulization of the economy just because of your new job designation as Dean of Studies, Apoda Twitter.
It hurts me personally you know, that a good number of trees have to stay alive just to satisfy the oxygen need for people like you. People like you who play destructive roles in the society, who deserve to be melted into asphalt to fill potholes.
People like you are cancerous because your presumed academic journey & perceived exposure allows your to command a certain level audience when the strength of your intelligence can be measured in kilobytes.
Whatever Alex has done that you and your insiduous ilk suppose to imitate, celebrate, collaborate or encourage - you're tearing down at the expense of children who have done nothing to you.
Just because the covering duvet doesn't have pockets, motorcycles don't have conductors & we cannot put airconditioning units in tricycles - every single effort you commit to will convert to vain.
If the owners of the morning agree to initiate your progress, the custodians of the night will stage a protest.
We cannot be championing a campaign against olodo uprising only for our first major academic win as a country to surface weeks after - only for proglottides like yourselves to shit on it, just because it satisfies your bìgötry KPIs.
It will not be well with you.
We captured this beautiful moment of Chimdiebube Onwubiko arriving in Enugu yesterday to a hero's welcome.
He won a gold medal at the International STEM Olympiad Grand Finale in Rome.
I love seeing education reclaim its rightful place in our society.
This is just the beginning of something great.
We hired a new VP of Engineering who is obsessed with agile methodology.
He called a meeting on his first day and said we need to transition to 2-week development sprints.
He wanted daily stand-ups, retrospective boards, and continuous deployment pipelines.
He wanted us to actually write new code.
I realized immediately that he was an existential threat to my lifestyle.
I let him finish his impassioned speech about workflow velocity.
Then I stood up, walked to the whiteboard, and drew a single horizontal line.
I told him agile sprints are a localized solution for a localized mindset.
I said our infrastructure operates on a Zenith Release Cycle.
He asked what a Zenith Release Cycle was.
I told him it's a holistic, macro-stabilization framework where we observe the system in a state of prolonged stasis.
By not touching the code for 18 months, we allow the legacy dependencies to organically settle.
I told him that deploying bi-weekly updates creates micro-abrasions in our database architecture.
I used the phrase chronological data scarring.
The CEO was in the room and audibly gasped.
He told the new VP that we can't risk chronological data scarring just to satisfy a trendy tech buzzword.
The VP looked at me like I'd just invented a new color.
He was completely paralyzed by the sheer density of my fabricated jargon.
He quietly agreed to adopt the Zenith Release Cycle.
We're officially scheduled to deploy our next update in the third quarter of 2027.
I spent the rest of the afternoon buying things I don't need on Amazon.
Agile is a disease invented by people who want to be punished for their salary.
I refuse to participate in my own suffering.
Your API handled 500 requests during development.
Your CEO announces a new feature.
An influencer posts your product.
10,000 people hit your server within minutes.
Suddenly:
Requests start timing out.
Users can’t log in.
Payments fail.
Support tickets flood in.
“The code worked yesterday.”
Yes… because yesterday, only you were using it.
Today, reality arrived.
This is why serious engineering teams don’t guess.
They load test.
Let’s talk about it below.
All it takes is one man who cares and is committed enough to the progress and the future of brilliant Nigerian children.
Unlike witches who wish such kids spend their future frying akara and roasting corn on the roadside.
Look at tweets from 25June2026,
And look at today!!!
The lesson from the STEM Olympiad in Rome is this:
The universe is telling us that if a man, from the East, can put Nigeria on the world map of education within 3 months, definitely a man, from the East, can put Nigeria on the world map of development. That man is Peter Obi.