There’s a huge contrast between the way, say American parents raise their children when it comes to money and the way Nigerian parents do. I’ve started to wonder if this feeds into the way we relate to finances as adults. For instance, I read John D. Rockefeller’s biography, Titan. He describes his dad giving him weekly allowance […]
Category: Nigeria
How The Nigerian Government Kills Innovation
This post doesn’t offer much in the way of solutions. I’m merely trying to articulate a position, and you can fill in your own details with your own anecdotes. The story is told of a time when President Einsenhower of the United States was just President of a university. His school was growing rapidly and […]
Introducing Cashestate, Dollar Denominated Investments for Nigerians
I started thinking about how to make it possible for Nigerians to invest in US Dollar opportunities as far back as 2014. Around this time four years ago, in this post, I talked about the difficulties Nigeria’s economy was going to face and how Nigerians should find ways to convert their money and invest in […]
Why Government Subsidized Sanitary Pads Is A Bad Idea
I was originally going to use the word “Stupid” in the header of this post, but I want to disagree with someone, not offend him so I won’t. You can argue that I still have, but that’s indirect, it’s not in the caption, and none of us have a monopoly on stupid ideas. I’ve had […]
Mutilated Currency Division or Why US Dollars Tend to Always Be Cleaner and Fresher than Naira
Every year, twenty three thousand cases get sent into the Mutilated Currency Division (MCD) of the US Treasury. The problem is usually very simple, someone has some physical cash that is damaged in some way. It could be either fire, water, chemicals, insects, animals, petrification from burying or whatever else. As long as the money […]
There Was A Country: Book Review + Thoughts on Biafra
I bought Chinua Achebe’s Memoir, There Was A Country sometime last year, back when it was generating a lot of discussion on social media but I never really made a serious effort to read it until now. I love Chinua Achebe as a story teller, and I definitely loved this book. It is heavily political, as you […]
Apple Hits $1TRILLION
It finally happened. Apple Inc. became the first company to hit a trillion dollar market capitalization ever in the history of everything. This is a legendary moment. From the days when Apple was almost going under, to the re-emergence of Steve Jobs and the creation of the iPhone, this is one of the most remarkable […]
