Ibukunoluwa

No be me una go kill.

@oyinkanbadejo My convener😌

@bossladycookist @Tioluwa_lope Congratulationsssssss🎉🎉🎉

EXCUSE ME O!!! I PASSED THE BAR!

@KikiowoAyorinde @Obeyamark Congratulations 🎉

The Lord has done it againnnn🎉🎉🎉🎉🎉🎉 The class is first and the scroll is red IT IS A FIRST CLASS FROM THE NIGERIAN LAW SCHOOL THANK YOU, JESUS. MO MO LORE OOO🥹🥹🥹❤️🙏🙏🙏🙏🙏🙏🙏

Me too but where will I put my Powerbank?😔

@Millurrr Congratulations Miller. Super proud of you!!!!

no long talk, did a thing. I am grateful to God almighty and to everybody who took a chance on me. So much more to be done and I’m ready.

Posting for my mum. First in her bloodline to leave an emotionally abusive marriage after 30 years🤭❤️ My rockstar queen fr🫶🏾 She got the date she left tatted on her on the 2 year anniversary (14-11-23). She's 60 btw.

some days, you go really earn your salary

One benefit of working for startups, you get to keep your Macbook Pro after they fail. I've collected 2 so far this way

see ü soon

Fried yam is glorious.

my ass was fr in high school reading smut in class, i rlly don’t know shame bruh

I decided to start an asset management business. I asked my friends, acquaintances, associates, and external investors to pool capital to start business. We successfully pooled ₦2bn. The range of fees in the asset management space is 1% - 3% of AUM. So let us say that we managed to grow AUM to ₦20bn, the max revenue to earn is ₦400m. If I take out operating costs (staff salaries, marketing, regulatory costs, tech-related costs, etc.), I end up with how much profit? The profit margin in the asset management space is 15%-40% (depending on your scale). Let us just call it 20% profit margin. A 20% profit margin on a ₦400mm revenue is ₦80mm. In a year, that is 4% return on equity (ROE). Lol. So, I will prepare a deck and slides, and show my investors at roadshows that this is the profitability of the business enterprise that I want them to put capital into? I will also see 4% ROE and be "encouraged" to invest in technology or be innovative about anything? A registrar needs ₦2.5bn capital for what? Rating agencies need ₦500m for what? I would really like to understand the thought-process that went into setting these figures. I do hope these things are not performative, and I want to believe that the regulators indeed have smart people. Asset and fund managers do not take the risks that banks take. Banks take in liabilities on their balance sheets. They warehouse the funds, and they have the flexibility or freedom to charge higher yields on their risk assets. Asset managers do not have control over the funds (they are parked with the custodians). So why am I being charged 10% capital on monies that I do not have or use? What is the risk that I am taking on those monies? I am just managing the money on behalf of clients. These are the sort of policies that makes folks become "creative" about making money which then defeats the entire purpose of the policy. One of the objectives stated by SEC is to support innovation. On the contrary, this sort of policy will only kill innovation because the barrier to entry becomes high, and smaller businesses are unable to do anything. The issues in the asset management space, specific to asset managers, are operational, reputational, and governance. Whether ₦500mm or ₦5bn, these risks are the issues. The problems in the Nigerian capital market are: ✑ Weak supervision ✑ Poor enforcement ✑ Disclosure opacity ✑ Governance failures Let's deal with these squarely, instead of some performative capital raising ("Let's raise capital because every industry is raising"). I really hope the SEC looks at it again.

Hiii my Naija babesss🥹💚🤍

Not even good morning? @virtuousii ?😭

You will give your period 50 acres of prime pad and it will still choose to encroach on your underwear 😭

Late to noticing @SeedifyFund’s prediction cards feature, but this is actually pretty solid. If you’ve already voted for @TruthBounty in the hackathon, you can flex your card in the comments below. (tap cardify in that voting site to see what it brings ) For those who haven’t voted yet, there is still few hours to go, here’s how: 1.seedifypredict.com 2.Connect X account 3.Add ETH wallet 4.Vote TruthBounty 5.Save Predictions You’ll get your own prediction card to show off. Voting closes today.

Who gave Tinubu the power to write off NNPC debt? No accountability, nothing. Just told them to start a new life.

i have a phobia for feeling like i'm bothering people.

law & order svu really is a 10/10 show !!! not 1 bad episode