We say this a lot, that Nigeria has no vision driving it. But the truth is, there are visions driving Nigeria, they’re just driving the country in competing directions. There is the ‘one Nigeria’ nationalistic/free market based politics with a healthy amount of ethnic competition driving the whole thing. This vision of Nigeria is anchored in […]
Month: January 2016
How Do Exchange Rates Work?
How do I explain how exchange rates typically work, simply and in a way that is easy to understand? Let’s try an illustration. Suppose there are just two countries in the world, USA and Nigeria. In this ideal world, $1= N1. Now, Both of these countries’ populations love to eat burgers. A burger is made […]
My 2015 Review (Part 1)
2015 was a good year! I’m grateful for everyone who has been reading my blog, commenting, and sharing what they know with me. I hope we do that more this year, and I hope to write things that help you guys as much as I can. I understand the challenges on the economic side, especially […]
2016 Trade Challenge: First Trade
Hi everyone! Haven’t been posting often because I have so much going on around this time. I’m still going to post a 2015 review but in the meantime, I executed the very first trade of my 2016 trading experiment and like I promised, I’ve decided to share. It’s very simple: I originally wanted to initiate […]
