I maintain that it’s evidence of bad governance when every economic decision is beaten to death on the streets, news, social media and everywhere before it is taken. It’s a sign that a government either has no clue what the right decision is or they care too much about their popularity. The thing is, when […]
Month: September 2016
African Development Bank will Loan Nigeria $4.1 billion
Just the other day, I read about how Diageo gave it’s Nigerian subsidiary Guinness Nigeria Plc a loan of $95 million at around 5.6% interest rate to help it deal with the foreign exchange issues. I sighed then, and asked Oluwa to please be a parent company to our economy generally. It’s starting to look […]
Letter to my Unborn Daughter
My mind is filled with thoughts tonight. And you’re one of them. My close friend had a baby boy tonight. He beamed on the Skype call and showed him to me, a tiny red angry ball of hair and lungs, crying at full pitch. I felt my friend’s pride, and his gratitude. And when I […]
Lagos is Almost the Most Expensive City in Africa
I just heard someone say “but we knew that already.” But really. I knew it was expensive but I never really put a decent finger on exactly what it cost until now. So I’m thinking of being back in Nigeria at some point in the near future so I started looking around for information on […]
Dividend Bargain: General Motors Is A Buy
I have a few pre-set stock screeners that send stocks my way that meet certain criteria. Today, guess who pops up on it? Good old General Motors. The company is currently trading at a PE ratio of 4.09 (4.11 if we look at the trailing 12 months instead of year end). This means that every […]
Rebel Alert: This NFL Player Lives on $25,000 a Year
John Urschel is an offensive lineman for the Baltimore Ravens. His rookie contract was worth $2m. He had over $500,000 in his first year alone. Yet he lives on about $25,000 a year and drives a $9,000 Nissan and has a roommate to save on expenses. He’s also considered one of the smartest players in […]
The Prosperity Gospel
“If you are the son of God, command these stones to become bread.”-The Tempter That was the first test hurled at Christ in the wilderness after his fast. Command these stones to become bread. It seems like such a harmless temptation. Eating bread is not a sin. And the devil had the good sense to […]
