Olumide Adesina @olumidecapital
Tweets for informational purposes only and not intended for investment advice Joined May 2009-
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The 🇳🇬 naira traded near its April low, while the 🇺🇸 dollar index approached a six-month high as anticipation of a Federal Reserve meeting kept traders largely biased towards the greenback
it takes a lot of gall to mindlessly spend customer funds to appear larger than life, blame a "hack" that either didn't happen, or was a result of sheer recklessness - given the lack of a postmortem, be on the brink of company collapse, then proceed to dunk on journalists.
You need an investment bank , especially when you're highly emotional, making erratic decisions with money can be expensive
Globally, there is about $1 trillion in hidden debt—borrowing for which a government is liable, but which is not disclosed to its citizens or to other creditors. Read more in our blog. imf.org/en/Blogs/Artic…
The quick response of Jaiz Bank in raising capital, shows their management leveraged on its core advantage
It's a blood bath in the crypto market, it seems a red Ferrari is driving the market ugly
Jaiz Bank sealed a $20 million equity investment deal with the Islamic Corporation to back its operations in 🇳🇬
Access maintained its position as 🇳🇬 largest bank, with assets reaching N32.6 trillion as of March 31, 2024
Financial products commonly used by 🇳🇬 upper class and elite Standard Chartered Priority Account GT Platinum account Cardinalstone Stanbic StockBroker Account Access Bank American Express Card Citi UBA Black MasterCard Zenith Bank MasterCard Gold
You will need a net worth of about $6 million to be in 🇺🇸 1% while half of that in the UK
🇳🇬 banks loan book size based on last year's earnings Access N8.04 trillion Zenith Bank N6.56 trillion First Bank N6.36 trillion UBA N5.23 trillion Fidelity N3.09 trillion GT N2.48…
Sensor Tower data showed YouTube received the largest share of 🇺🇸 crypto-ad spending in the first quarter pegged at 43%, up from 11% in the year-ago quarter
🇳🇬 banks are likely to retain restrictive credit lending policies amid high interest rates via targeting major corporations and obligors that are relatively more creditworthy
Access posted the largest loan portfolio last year with N8.04 trillion, while Zenith Bank grew its portfolio to N6.56 trillion, and First Bank increased to N6.36 trillion
International Breweries, Guinness 🇳🇬 and Okomu Oil Palm were the only blue-chip stocks on the NGX that posted a green April
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Tunde Onakoya @Tunde_OD
387K Followers 3K Following It is possible to do great things from a small place.Currency traders anticipate that 🇺🇸 interest rates will likely remain unchanged;
it takes a lot of gall to mindlessly spend customer funds to appear larger than life, blame a "hack" that either didn't happen, or was a result of sheer recklessness - given the lack of a postmortem, be on the brink of company collapse, then proceed to dunk on journalists.
If you want to get rich quick then you need to get in quick. Whether it’s tech or crypto or shares in Apple, by the time you want to get in because you’ve seen someone that ‘made it’ at that thing, you are already too late. Always hang around people who research innovation.…
Globally, there is about $1 trillion in hidden debt—borrowing for which a government is liable, but which is not disclosed to its citizens or to other creditors. Read more in our blog. imf.org/en/Blogs/Artic…
6 years ago almost day for day. Long journey for all of us. Good luck to @cz_binance in closing this chapter of his life and starting a new one. Builders build, no matters what. Can’t wait to see what’s next. Thanks for everything you’ve done for the industry and for me. 4ever.
Walking in Valletta after a busy day working for global blockchain initiatives is fun :-) Always a reason to have a carnival in the street. @cz_binance
@olumidecapital @cz_binance CZ is a fantastic personality. His humble nature gives all the credibility he has gotten so far and the crypto community is better off with his contributions till date.
@olumidecapital I got that Zenith Gold Master card when I was doing NYSC, they said it was XX amount, I said give it to me. No be today I start dey want big things 😂😂 Small me! Nawa o. I no dey fear.
I just read the article and he makes a very valid point… a fancy app is not compelling enough and this is why most of us still bank with the traditional guys.
I am betting on banking, not fintech: Fintechs won the UX battle, but can they keep your money safe? This African banking leader says tech is great, but deep banking expertise is the key to building trust and real value. dlvr.it/T6D4Kf
Your peace of mind is more important than their insatiable appetite for gore. Never forget.
"If you can dispose of the need to impress strangers or seek validation from people you don't know, that is an asset that will translate into your personal balance sheet."
I would like to thank everyone for your care and support, be it writing letters, showing support on X, or in any other form. They all mean a lot to me and keep me strong. I will do my time, conclude this phase and focus on the next chapter of my life (education). I will remain a…
Don’t complain when you have only 10 channels on DSTV and can only watch one match per week. Because court cannot order them to show all EPL matches. It is our refusal to pay market-driven prices that there is no electricity and petrol in Nigeria today. We never learn.
@olumidecapital Economic governance is not a beauty contest. You don't try to impress others. You simply work hard and beat others with data and reality on the ground. Simple.
God’s plan for you will prevail! No man, no hater, no devil can stop what God has for you!
@olumidecapital Their current share prices Stanbic IBTC — N49.50k GTCO — N32.70k Zenith — N32.10k UBA — N23.90k
@olumidecapital Especially when it comes to trade, investment, and finance, economic matters between governments and international organisations.
OMG Thank you so much Sir Aliko Dangote I’m grateful
You can’t force investors and other governments into following through by just announcing discussions which should be private, or involve revealing business-sensitive information. If you’re going to announce a deal or discussion, both parties should shape the messaging and, at…
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