lerog

1.5K posts

lerog

lerog

@lereadetula

building 👷‍♂️

انضم Şubat 2024
69 يتبع109 المتابعون
Henry Martinez
Henry Martinez@HenryMa79561893·
Cole Allen
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Emeka Ajene ✍🏽
50% of Africa's GDP comes from just 5 economies. South Africa. Egypt. Nigeria. Algeria. Morocco. Combined they account for $1.80 trillion in GDP today. The other 49 countries: $1.77 trillion. Africa isn't a monolith and its economic weight isn't evenly distributed. Five countries, spread across three regions, account for half the continent's output. These five markets form the connective tissue of African commerce. They anchor the continent in different ways — as financial hubs, consumer markets, trade corridors, and resource bases. No two play the same role. Penetrate one deeply, and you're on your way to building a credible pan-African platform. The $1.77T in the rest of Africa isn't marginal either. It contains the fastest-growing economies on the continent — Ethiopia, Rwanda, Côte d'Ivoire, Tanzania, Kenya. The concentration at the top doesn't diminish the opportunity below it. But it does mean this: Africa isn't one market. It's not even five markets. It's a network of markets, with very different rules when you cross each border. Understanding the architecture — how these markets connect, compete, and diverge — is the starting point for serious Africa strategy. — Afridigest Intelligence — real intelligence to win in Africa's growth markets: afridigest.com/intelligence | Follow Afridigest on LinkedIn & Instagram
Emeka Ajene ✍🏽 tweet media
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Hon Ayọ̀délé 👨‍⚕️👾
😂😂😂 forgive me for laughing, my landlord once asked me leave his house all because his girlfriend and his daughter never stopped talking about my food and how silent I move. The day he got to know I was married he apologized saying he thought I was chowing his girls😂😂, me that would wake up 4;30 head to my restaurant, come back to train SANS and would be to tired to even pay attention.
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𝐀𝐬𝐚𝐤𝐲𝐆𝐑𝐍
“Our girls are sleeping with foreigners, they have to leave.” — South African man speaks out painfully. 😭
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Business Insider Africa
Business Insider Africa@BusInsiderSSA·
Nigeria’s🇳🇬 top-tier stocks hit a record N54.3 trillion ($40.2 billion), led by MTN Nigeria, Dangote Cement and major banks. Investors are pouring money into Nigeria’s biggest listed companies as reforms and improved FX liquidity boost confidence. MTN Nigeria became the exchange’s most valuable company, while Zenith Bank crossedthe N5 trillion mark. Despite inflation and currency risks, demand for large dividend-paying stocks continues to power Nigeria’s market rally.
Business Insider Africa tweet mediaBusiness Insider Africa tweet mediaBusiness Insider Africa tweet mediaBusiness Insider Africa tweet media
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lerog
lerog@lereadetula·
The Audacity is like succession rebirth, fucking loving the series.
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Gap | Suby
Gap | Suby@gaspardlezin·
I sent $1,000 from New York to Lagos through 8 payment rails. The best delivered ₦1,400,000. The worst delivered ₦1,323,000. That ₦77,000 gap = one month of groceries for a family in Lagos. Yesterday's rail comparison got sharp feedback. The strongest critique: "Try this on a low-liquidity corridor. I bet stablecoins don't look the same." Fair. So I redid the experiment on the hardest corridor I could find: Nigeria. 𝗪𝗵𝘆 𝗡𝗶𝗴𝗲𝗿𝗶𝗮 𝗯𝗿𝗲𝗮𝗸𝘀 𝘁𝗵𝗲 𝘂𝘀𝘂𝗮𝗹 𝗻𝗮𝗿𝗿𝗮𝘁𝗶𝘃𝗲: The Naira isn't one currency. It's two. → The official CBN rate: ₦1,345 per USD. Banks, SWIFT, Wise, Western Union must use it. → The parallel market rate: ₦1,400 per USD. It's where real dollar supply meets real demand. That 4% gap isn't a fee. It's the government pricing the naira higher than anyone is willing to pay for it. 𝗪𝗵𝗮𝘁 $𝟭,𝟬𝟬𝟬 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝗲𝗱 𝗶𝗻 𝗟𝗮𝗴𝗼𝘀: 🥇 USDT P2P: ₦1,400,000 (30 sec, $0.01) 🥈 Yellow Card: ₦1,393,000 (2 min) 🥉 Bitcoin: ₦1,393,000 (~10 min) 4️⃣ Sendwave (International Remittance): ₦1,372,000 (15 min) 5️⃣ Wise: ₦1,344,000 (CBN rate) 6️⃣ Swift: ₦1,344,000 (3-7 days, $50 fee) 7️⃣ Western Union: ₦1,330,000 8️⃣ PayPal Xoom: ₦1,323,000 (5.5% hidden spread) 𝗛𝗲𝗿𝗲'𝘀 𝘄𝗵𝗮𝘁 𝘁𝗵𝗲 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝗲𝗿𝘀 𝘄𝗲𝗿𝗲 𝗿𝗶𝗴𝗵𝘁 𝗮𝗯𝗼𝘂𝘁: That USDT P2P rate only exists because someone, somewhere, holds naira and wants dollars. The P2P desk IS the off-ramp. It's real infrastructure, with real liquidity risk. But here's what they couldn't see on the Paris–NY corridor: In a dual-rate economy, stablecoins aren't just faster. They give you access to a different price. The real price. Nigeria has the world's 2nd-largest P2P crypto volume. Not speculation. Access to the actual dollar rate, without flying to Lagos with a suitcase. The next decade's fintech question isn't "will stablecoins replace SWIFT?" It's "what happens when 2 billion people in dual-rate economies realize they can bypass the official channel?" ₦77,000 on $1,000 tells me the question is worth asking. PS: I'm the founder of @subyhq and I weekly posts on payments, stablecoins, and building across borders. Follow for more.
GIF
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Olúwatósìn Olaseinde
Olúwatósìn Olaseinde@tosinolaseinde·
People have the liberty to move around if they want. We can fix our country and people can move around. I did a research and realised 🇳🇬 Nigeria’s migration rate •Emigrants abroad: ~1.7–2.0 million •Population: ~220+ million •Emigration rate: ~0.8% – 1.0% 👉 That’s very low percentage-wise, even though Nigeria has a large diaspora in absolute numbers. So pls let’s let this notion rest.
Olúwatósìn Olaseinde tweet media
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Olúwatósìn Olaseinde
Olúwatósìn Olaseinde@tosinolaseinde·
I really want Nigerians to leave South Africa. Find a way to get into markets you’d be celebrated/acknowledged or at the very minimum a place that’s neutral to you. The nature of my work enables me to travel a lot and our reputation/affinity in a lot of these countries is fair. The main exception is South Africa. Pls leave that country. Leave it. Even from a psychological point of view, it’s not healthy to live in a place with a high amount of hate for you.
Marc Porter Magee 🎓@marcportermagee

“the group that stands out the most is second-generation Nigerian Americans. Their educational attainment exceeds all other racial/ethnic groups, including Asian Americans”

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lerog
lerog@lereadetula·
@LordBalogunV3 I'll come back to this tweet in the future
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Balo
Balo@LordBalogunV3·
The Lee kuan yew of Nigeria has already been born, it’s just that he’s some 29 year old graduate student at some mid state school in Georgia
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Irma Fernandez
Irma Fernandez@irmafernandez·
@Santandave1 Man said “we do Indian when it suits us like Kamala Harris” 😭😭
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SANTAN
SANTAN@Santandave1·
IM RAPPING AGAIN!
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lerog@lereadetula·
@InAbundance99 @marcportermagee you're wrong bro, it's not the top is the one that has money than the usual Nigerians doesn't mean he's smarter
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InAbundance 🇺🇸
InAbundance 🇺🇸@InAbundance99·
@marcportermagee Nigerians in America are like the top 0.005% of the 220,000,000 of what Nigeria has to offer. The top 0.005% of any nation is likely to be at least kinda competent. Yall gotta stop acting like immigrants are normal where they come from.
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Marc Porter Magee 🎓
Marc Porter Magee 🎓@marcportermagee·
“the group that stands out the most is second-generation Nigerian Americans. Their educational attainment exceeds all other racial/ethnic groups, including Asian Americans”
Marc Porter Magee 🎓 tweet media
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Stacy Muur
Stacy Muur@stacy_muur·
Major protocols that have never been hacked ↓ (at core contract level) Sky Lido Aave dYdX Ondo EIGEN Pendle Kraken Gemini Morpho Uniswap Chainlink Coinbase
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lerog
lerog@lereadetula·
An example of pure yoruba excellence is seyi vibez's deja Vu.
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Yoruba Excellence
Yoruba Excellence@YoobaExcellence·
@Tunde_OD Just see how this baba(Obasanjo) outshone Jimmy Carter when he was invited to Whitehouse.
Yoruba Excellence tweet media
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lerog
lerog@lereadetula·
@Tunde_OD but lowkee that agbada no make sense, they're better ones
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Tunde Onakoya
Tunde Onakoya@Tunde_OD·
If an attention seeking racist man says a culture is retarded because one adorns his regal Agbádá outfit to a historic location to play chess,we must all stand firmly against it regardless of our biases Quote this with a picture of you proudly repping your country and your tribe
Tunde Onakoya tweet mediaTunde Onakoya tweet media
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ProfitableMan
ProfitableMan@ProfitableMan1·
26 Nigerian companies now have market capitalisations above 1 trillion naira and the NGX has crossed 100 billion dollars in total market cap for the first time in its history.
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