David Afolayan

#MTNMIP4 I shared a recap of day 29. Please read here: linkedin.com/posts/aforisms…

What states contributed to the VAT pool and what they received in February 2026 1. Lagos Contributed: N215.34bn Received: N51.93bn (24.12%) 2. Rivers Contributed: N110.78bn Received: N29.22bn (26.37%) 3. Oyo Contributed: N28.30bn Received: N12.97bn (45.82%) 4. FCT Contributed: N20.46bn Received: N9.37bn (45.78%) 5. Bayelsa Contributed: N19.81bn Received: N9.38bn (47.35%) 6. Delta Contributed: N14.42bn Received: N9.47bn (65.68%) 7. Edo Contributed: N13.34bn Received: N8.83bn (66.19%) 8. Kano Contributed: N12.02bn Received: N11.56bn (96.22%) 9. Borno Contributed: N6.23bn Received: N7.86bn (126.25%) 10. Jigawa Contributed: N5.95bn Received: N7.90bn (132.83%) 11. Akwa Ibom Contributed: N5.78bn Received: N7.66bn (132.54%) 12. Niger Contributed: N4.28bn Received: N7.38bn (172.30%) 13. Sokoto Contributed: N4.06bn Received: N7.21bn (177.64%) 14. Adamawa Contributed: N3.89bn Received: N6.92bn (178.01%) 15. Gombe Contributed: N3.80bn Received: N6.50bn (171.28%) 16. Kwara Contributed: N3.38bn Received: N6.43bn (190.25%) 17. Kebbi Contributed: N3.20bn Received: N6.82bn (212.71%) 18. Plateau Contributed: N2.84bn Received: N6.72bn (236.25%) 19. Kaduna Contributed: N2.78bn Received: N8.11bn (291.79%) 20. Ogun Contributed: N2.72bn Received: N6.96bn (255.57%) 21. Nasarawa Contributed: N2.54bn Received: N6.01bn (237.21%) 22. Anambra Contributed: N2.42bn Received: N7.12bn (294.39%) 23. Ondo Contributed: N2.30bn Received: N6.73bn (293.09%) 24. Ekiti Contributed: N2.27bn Received: N6.21bn (273.41%) 25. Yobe Contributed: N2.21bn Received: N6.17bn (279.79%) 26. Abia Contributed: N1.93bn Received: N6.37bn (329.11%) 27. Bauchi Contributed: N1.88bn Received: N7.24bn (384.52%) 28. Osun Contributed: N1.84bn Received: N6.63bn (360.80%) 29. Taraba Contributed: N1.75bn Received: N6.07bn (347.59%) 30. Kogi Contributed: N1.65bn Received: N6.53bn (395.48%) 31. Katsina Contributed: N1.46bn Received: N7.71bn (526.85%) 32. Ebonyi Contributed: N1.39bn Received: N5.94bn (426.41%) 33. Enugu Contributed: N1.30bn Received: N6.45bn (494.97%) 34. Zamfara Contributed: N1.27bn Received: N6.44bn (508.56%) 35. Benue Contributed: N1.05bn Received: N6.86bn (652.53%) 36. Imo Contributed: N905.99m Received: N6.70bn (739.16%) 37. Cross River Contributed: N679.58m Received: N6.14bn (903.89%) #TheCableIndex

We cannot encourage learning and building in public, and then proceed to shame when people make mistakes.

Here is what awaits you at the Technext Spotlight event... Are you ready? #TechnextSpotlight

Thank you! Thank you! Thank you @FranceInNigeria, you are far too kind. J'aurais écrit ceci en français, mais mon français n'est pas assez fort pour ce que je ressens à ce sujet. S'il vous plait. Merci. My passport has been returned by @FranceInNigeria. Eight (8) weeks they held it. In their characteristic generosity toward Africans, they have issued me a visa for six (6) weeks. Let me be clear about what this means in context. This is the shortest Schengen visa I have ever received from the French Embassy. My first, over a decade ago, was six months. The one before this lasted a year. The one before that, a year. There is a four-year Schengen visa somewhere in my records. On the very passport now graced with this extraordinary six-week stamp sit multiple-year visas from the United States, the United Kingdom, South Africa, and Canada. Six weeks. For eight weeks of custody. The mathematics of French generosity toward Africa is its own genre. Thank you @EmmanuelMacron. I know people who got their passports back after my first tweet on this matter. One had hers held for five weeks (5). It came back without a visa. No stamp. Just a passport returned having contributed nothing to her life but five weeks of immobility. Thankfully, they did not minute on it; a small mercy in an otherwise graceless process. Graceful, I meant to write. This is not new territory for me. My very first engagement with the French Embassy over a decade ago ended in a visa rejection that came with written text stamped directly onto my passport. I wrote them a four-page letter demanding they never deface a Nigerian passport that way again; mine or anyone else's. I want to acknowledge that they have honoured that. Some things, at least, can be changed by speaking clearly. Some bad faith readers will conclude this six-week visa is punishment for calling them out publicly. I reject that interpretation entirely. I prefer to see it as consistent with France's broader approach to the continent — an approach the France-Africa Summit in Nairobi will no doubt reaffirm with great warmth, generous speeches, and many photographs. A pattern, not an anomaly. I will be writing a full article next week to express my appreciation to @FranceInAfrica in the spirit this moment deserves. I write this ready to bear whatever consequences follow. But I will write. After all, it's a love letter. Merci beaucoup. cc @NigeriaMFA @BTOofficial @Ojukwu_Bianca @France24 @abikedabiri @francediplo_EN @GermanyInAfrica @officialABAT @WilliamsRuto @CNNAfrica @BBC @FRANCE24 @ARISEtv @DW_GMF @dwnews

Kled AI came into Nigeria promising something that sounded futuristic: - Upload your photos, videos, and documents. - Get paid. - Help train AI models. Now the company has withdrawn access to Nigerians and is facing serious accusations of violating Nigerian data protection laws

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The Impending End of Moniepoint, Kuda and Other Nigeria Cloud Fintech I want to talk about something nobody in Nigerian fintech is seeing yet. Moniepoint, Kuda, OPay. These are impressive companies, and what they built on Nigerian infrastructure is genuinely remarkable. But I think they are building toward a cliff they cannot see yet. Moniepoint recently launched “M”, described as Nigeria’s first AI-powered chatbot for the informal economy with a good PR and smart positioning. But a chatbot that helps researchers understand informal trade data is not AI banking infrastructure. That is a press release with an LLM attached to it. Real AI banking integration means your credit scoring does not need a form. It reads transaction patterns, spending behavior, cash flow cycles, and makes lending decisions in real time. It means fraud detection that learns and adapts faster than fraudsters can pivot. It also means a banking interface that does not wait for your input but it should anticipates it. Kuda and Moniepoint still rely heavily on interchange and transaction fees as their primary revenue model. That model works until it doesn’t and it will stop working the moment a truly AI-native bank enters this market and prices them out by doing in milliseconds what their human-heavy operations teams do in days. The next bank that wins Nigeria will not be built on better UI or more agent networks. It will be built on intelligence. But right now, none of the incumbents are building that. They are building bigger versions of what already exists. Which I think is not a strategy but a borrowed momentum from an era that is ending. In my next post, I will tell you why I dint say much about OPay. So I will delve a bit into it.

Everyone is talking about salaries on Nigerian tech Twitter right now. But here’s the context most people are missing: According to PiggyVest’s 2025 report, nearly 3 in 5 Nigerians earn below ₦100k or have no income.

Spotlight by Technext brings together fintech leaders in exclusive, no-holds-barred convos.. techpoint.africa/brandpress/spo… Via @TechpointAfrica

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Spotlight by Technext brings together fintech leaders in exclusive, no-holds-barred convos Find out more: techcabal.com/2026/05/05/spo…

The coach didn’t wait a second 😂

Meetings that were supposed to take few minutes would extend to 1 or 2 hours and end without any progress. Since it was a remote setting, some people will be literally cooking food and when they turn on their microphone to speak, you’ll be hearing sounds from pot. Or do I mention when I texted a colleague on slack and he was not responding on time and I had to huddle? Well, his girlfriend (I suppose) joined the huddle and told me to stop disrupting the movie she was watching on an official laptop. You’ll take your own job serious and try to have async conversations but global talent will tell you he went out to cut his hair and he’s not close to his laptop during work hours. You then check the general channel and he did not indicate he will be offline for a few minutes. Shey na so global talent dey behave? Or is it the lamba during standup?

Read our breakdown here: technext24.com/2026/05/01/cwg…

- Net profit landed at ₦1.5 billion; Inventories grew from ₦7.3 billion to ₦11.7 billion; yet, cash collected fell from ₦5.2 billion to ₦3.7 billion - Shareholders' equity grew to ₦10.4 billion, funded entirely by retained profit - No dilution, no rights issue

CWG Plc is on 🔥 (Q1, 2026 report) - Group revenue: ₦19.4 billion (Q1 up 27% from Q1, 2025) - Revenue breakdown: IT infrastructure (₦10.7 billion); Software (₦4.6 billion); Platform (₦253 million) - Gross margin (23.5%); costs of sales (32% increase), revenue (27% growth)...

This Wokinn chinese restaurant is at the brink of shutting down & it could be due to one of two reasons or both The decline in the economy or staff theft based on our experience when we visited👀👀

It will be most unfortunate if Governor Seyi Makinde does not join the ADC, eventually...

Apples grown in #Vom in #Jos Plateau State. Verily Nigeria is Blessed

"Bola Tinubu is the king of the long game, and this is where Senate President Saraki has to be mindful" - 9th June, 2015