Simon Tuleh 🇳🇬

issuu.com/u50liveafrica/… scribd.com/document/74247… Catch latest editions of @U50Magazine with Special Feature of Top #U50Leaders @CharlesOdii @okeanaye @Adebo_ogund @Mo_ogunlende and our #Goodbeats featuring @RiminiMakama @OpeyemiAjayi #PresidentTinubu #Wike #Steeze

@asemota bignewsdaily.ng/article/osaret…

If I weren't there at the very start of a Nigerian telco, I would believe the trope people always put out that things "were guaranteed." Nothing could be further from that. Let's start with the licensing. You first had to put up a $20m deposit before you could bid. If you bid and won but were unable to pay for your license, you forfeited $20m. Mike Adenuga lost that amount then, and it was a lot of money. It is still a lot of money. For Econet Wireless, to get that amount the first time, Oceanic Bank had to put it up, backed by guarantees from Delta State, which managed all their federal allocation payments. Getting that first $20m was one of the hardest things I have seen. Oboden Ibru didn't trust the Zimbabweans; he believed they didn't have any money to invest, and his bank would have to commit more to save the $20m, and he was eventually right. Even forming the consortium and selecting partners was a difficult and heartwrenching process. There were meetings that lasted long into the night. I still can't forget a trip I took to Delta and Akwa Ibom to present documents to the state governments, inviting them to invest. Another competing party tried to beat me to Uyo by chartering a private jet as I drove like a maniac and got there by road. After the bid was won, raising the $285m was the most beautiful financial engineering process I had ever witnessed. The late Osaze Osifo was a genius and one of the smartest people I had ever met. I learned so much from what he and his HSBC Capital team did. Other investment bankers, like the late Laolu Mudashiru of Vetiva, watched and learned, too. After paying for the license, we now had to raise money for working capital. I personally raised 7 million Naira from New Nigeria Bank to pay for the office rent. Got furniture from Chair Center and another company on credit. My guy, Elias Igbinakenzua, was then an Executive Director at Zenith Bank, and we managed to negotiate a 500m Naira overdraft facility to start the business. Everyone was broke and stretched. We took a loan from New Nigeria Bank to cover our share of the equity, and the interest on the loan was accruing at 1.8 million Naira per day. We eventually sold half of the shares at a profit to cover the cost. Before then, we were juggling CPs and BAs to cover the initial $20m and dodging Oboden Ibru, who was at wits end. To add to that, we had a technical partner who lied about bringing in 40% of the capital. They, too, could not raise money, so the pressure was on the existing shareholders, who eventually kicked him out but still left him with 5% for the brand thanks to the intervention of Delta State, represented on the board by David Edevbie. Today, that company is now Airtel Nigeria, and someone will tell me that "Demand was guaranteed. " Idiots. Rolling out the service was another story. Educating the market and competing with MTN, who had smarter people and deeper pockets, was brutal. Dem Eleso, their CTO at the time, was a telco savant. Funny thing was that we were offered his services first, but rh Zimbabweans rejected him. MTN snatched him. He became our nightmare.

@AshE_Nuel @I_Am_Dahvy As in ehn!

@I_Am_Dahvy You clearly didn't finish reading it

Last Night, A woman came to my shop and bought some goods, she said she will transfer 214,000 naira to me. i waited for the alert, Opay is very fast. But She sent it to wrong account. I could see sweat come all over her at once, i gave her my account written on her paper. She said maybe it's the wrong account i gave her, i told her it was correct. The most terrifying thing is the wrong account has Emmanuel in it. She must have assumed that and sent it. She tried calling the number several times with no answer, about 30 minutes later the number called back. She contacted her bank, they said it will take sometime before any recovery can happen.

@cptdankkk bignewsdaily.ng/article/magic-…

Magic Johnson says turning down Nike in 1979 cost him over $1,000,000,000 “Nike, when I was young, wanted to sign me, but give me stock. Phil Knight said, ‘I don't have the money they have, but I got stock’” “They ran the analytics. If I had did that deal in 1979, it'd be over a billion dollars. That's the one that got away”

@elonmusk bignewsdaily.ng/article/us-int…

Fauci committed so many evil crimes

@AishaYesufu bignewsdaily.ng/article/popula…

Dear Nigerian Military What’s with the coup trial? First it was reported by the military that there was no coup! Then a trial started! Now we are hearing torture going on! Accounts frozen and families of the accused left in harsh conditions. Is this trial justifiable?

God no go shame us! #friday #Godisgood

#DidYouKnow that two-way trade in goods and services between the United States and Nigeria reached nearly $15 billion in 2025 — an over 14% increase from 2024? Nigeria is the United States' second-largest trading partner in Africa and one of only five African nations with a Commercial and Investment Partnership Agreement with the United States.  In agriculture, infrastructure, and technology, joint American and Nigerian private sector working groups are actively identifying ways our two governments can break down non-tariff barriers to trade and investment and strengthen U.S.-Nigeria economic relations. #TradeTuesday

The presumption of innocence is constitutional. The grant of bail is discretionary. The intersection of these two principles continues to generate difficult questions in criminal litigation. In Abba Kyari v FRN (2026) LPELR-83848(CA), the Court of Appeal considered the

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Be Big ONLY on bignewsdaily.ng #HappyNewWeek #MotivationMonday #Nigeria

Public Notice

“The Deal with Islamic Republic of Iran is now complete. Congratulations to all!” President Donald J. Trump 🇺🇸

HAPPY BIRTHDAY! President Trump turns 80 today. The nation's 45th and 47th president celebrates a milestone birthday as the country prepares to commemorate America's 250th anniversary.

This is why it's impossible to tax billionaires ‼️

@CAChirag @elonmusk Just call @elonmusk your Lord and Saviour.

With 1 trillion dollars, you could eliminate poverty worldwide instead of spending on space!! @elonmusk

The way Leftist Americans are pouncing on @elonmusk tells you how much of a problem we have. Now we understand why President @realDonaldTrump said they're D*mb. Congratulations to @SpaceX @Tesla @neuralink Team

@TonyLaneNV The purpose of govt has been to feedoff it's citizens. Any other politician would do the same. It's called democracy!

On the same day Elon Musk became the first trillionaire in human history New York City mayoral candidate Zohran Mamdani announced he wants to tax billionaires like Musk to fund his agenda. Here is what that argument misses entirely. Elon Musk did not inherit a trillion dollars. He built Zip2 from scratch. He reinvested into PayPal. He bet everything on Tesla and SpaceX when both were on the verge of collapse. He slept on factory floors. He nearly went bankrupt in 2008. He kept building when the world laughed at him. That is not luck. That is capitalism working exactly as intended. The idea that the moment someone succeeds the government’s first instinct should be to take more of what they earned is exactly why entrepreneurs leave high tax states and cities in the first place. New York is already losing residents faster than almost any state in America. Threatening to tax the people who create jobs and drive innovation is not a solution. It is the problem. Congratulations to Elon Musk. The first trillionaire. Built not given.

I remember when Mike Brown was appointed head coach of Nigeria’s men’s national team ahead of the Tokyo Olympics. He led the team through Olympic preparation and the Famous exhibition win over Team USA before Tokyo 2020 After the Olympics, Brown publicly said he wanted to continue with the program and help build Nigerian basketball long term. But in 2022, Nigerian basketball was disrupted by governance disputes inside the Nigeria Basketball Federation and the Nigerian government temporarily withdrew national teams from international competition. That created uncertainty around the program and disrupted continuity. Today, he is a NBA champion as the coach of the New York knicks

@JOBhakdi Why don't demand for the US to become a Communist country instead?

TAX THE TRILLIONAIRES! Here is why: If California would tax Elon 50% of his wealth, that would add $550 BILLION for the California budget (instead of going to Mars and build infinity intelligence, which is useless anyway because no one needs intelligence, duh). This could make a HUGE difference for Californians. Experts calculated that within 5 years, the state could * buy 2 homeless people a bed (shared) * complete 1 mile of high speed train tracks * buy 50 million pre-signed mail-in ballots, including on-time delivery for the next 2 elections. That's why we need a trillionaire tax. NOW.