Suru Daniels
2.6K posts

Suru Daniels
@SuruDaniels
Questioning... Wondering ...Winning!!!
Lagos, Nigeria Katılım Mart 2011
1.2K Takip Edilen315 Takipçiler

Retweeting for those of you that need to go outside and touch grass.
Neto@docneto
Only 1% of Lagosians have an air conditioner in their house. If you look up and you can see an air conditioner in your house, you're in the 1%.
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@docneto @ademola_sule If this is 1% of Lagos' population then the data should be 200k households, right? 2mn will mean Lagos has a population of 200mn
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@ademola_sule You disagree that 2 million lagosians have A/C in their homes?
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Suru Daniels retweetledi

@iaboyeji @akintollgate I think that as fascinating as the tech angle to this problem seems, a better appreciation of the problem will be had with physical visits to public health facilities. The 'real' Nigeria does not have organised pharmacies! It relies heavily on illiterate drug sellers!
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Suru Daniels retweetledi

Let’s scatter this table.
There’s no divorce glow. What you have are women who let themselves go because they got married. They now got divorced and realized that they would have no bargaining chip in the real world if they don’t get their shit together.
It is important to know that your partner is very deserving of the best version of you.
Oku@oku_yungx
This Lady shows a picture of herself, BEFORE & AFTER marriage. 💆♂️
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Suru Daniels retweetledi
Suru Daniels retweetledi

One time as a young CEO:
We couldn’t get a permit issued by a neighboring state regulator.
Weeks went by with it sitting on some guy’s desk.
Phone, faxes, zoom, etc.
Nothing worked.
I told the person in charge of our project:
“Fly out there and sit in their office until you get the permit. Bring them donuts, humility, and kindness every day.”
We got that permit in 2 hours.
I learned:
Much of business happens because you get on a plane and go meet in person.
Zoom is fine but misses this core part of human nature.
Get on the damn plane.

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@aceroboadvisor @FinPlanKaluAja1 Any currency not pegged against the USD can serve this purpose. The Euro or the Singaporean Dollar may serve the purpose, I think
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@FinPlanKaluAja1 How do you weigh these currencies against each without any common denominator
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What BRICS will work on is a settlement mechanism. This means they will not seek to replace the US Dollar (they can't); rather, they will seek to ignore it by settling trades in their native currencies.
Thus, a Nigerian can use any BRICS currency, say Rand, and import goods from Argentina or China. The BRICS Settlement Bank or portal will calculate the weighting of that currency and debit/credit the nation involved.
Thus, nations like Argentina or Venezuela with weak currencies may decide to trade on that portal with Brazilian Real and import from China, no dollar needed. Argentina/Venezuela will then have its method to settle with Brazil.
This means Egypt and South Africa will have a huge advantage in Africa. Nigerians can then exchange Naira for the South African Rand or Egyptian Pound and import from China, no dollar needed. This boosts the South African Rand and Egyptian pound, but it may help Nigerian importers.
No company does the sort of trade between the US and Nigeria that MTN does between SA and Nigeria. A firm like MTN will be able to do a huge multi-billion Swap deal between Naira and Rand and sell that position to Nigerian banks to sell to Nigerian importers/Exporters, so not all bad for Nigeria.
It was a missed opportunity for Nigeria not to have joined BRIC when it was formed. It's a missed opportunity for the Naira;
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Suru Daniels retweetledi
Suru Daniels retweetledi
Suru Daniels retweetledi

Have you accepted that Tinubu filed a forged certificate, have dual nationality and lie about it on INEC ?
Let’s start with you acknowledging that in the first place
Shall we 🤷🏿♂️
SM@ReneRodrig1142
@abrahamebomah @SallyStorm12 @rhaydioactive_ @VivaRunor @chymaker @officialABAT @theairbuser @EngrPrince26 @HisBarthez @AbbeyAOB @AmodaOgunlere I never spread any misinformation. I repeat Peter Obi could be disqualified if Supreme Court decided to hear the matter just the way they hear the Atiku matter on Shettima's double nomination. Till then
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@lagosvio @pwanaduku @followlasg I say this in light of the fact that the matter is of public interest. Thank you
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@lagosvio @pwanaduku @followlasg Sir @lagosvio Perhaps having this conversation in the DM might be better since that would be documented for future reference.
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Dear @followlasg
I am a law abiding citizen of Lagos State. 2 nights ago I was shocked to receive an sms that I had been fined for not having road worthiness on a car that I thought was eligible for 5 years as a brand new car. Went immediately to a centre & discovered that
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@realkelvin07 @TokunboAdesina @efearue That could be true and I understand the reservation on capacity but our regulators will only respond to the innovation of operators. The US SEC suffered severely for lagging the hedge funds market until it rose to and keeps responding to the challenge.
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@SuruDaniels @TokunboAdesina @efearue While I take note of this very valuable comment you made on circumspection,
I think that there's a difference between what is on ground as it's currently constituted and what they aspire to,
But lets keep our fingers crossed and be hopeful.
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The CBN is listening. This means the Central Bank will be the market maker for counterparty risk and clearance,
60-months upper limit is 5-Years and that is the lower limit for long term non-speculative FDI,
This is a welcome development that will bring in institutional capital
Nairametrics@Nairametrics
CBN resumes quotation of Naira-settled OTC FX Futures Contracts - nairametrics.com/2023/06/30/cbn…
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@realkelvin07 @TokunboAdesina @efearue Perhaps you should direct that question at the SEC (I have chosen not to copy their handle) as doing so without copying their handle might insinuate that you already assume that they don't. Your argument already give a sense of your view on this, sadly
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@SuruDaniels @TokunboAdesina @efearue difference between exchange traded derivatives and non-exchange traded derivatives,
& the argument here of the CBN not protecting market integrity because it is coming as an interested party does not hold water,
Question becomes, does the SEC have the technical debt to regulate
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