Bismarck J Rewane

When a fruit in the bush looks too ripe, do not rush to pick it. First ask why the birds have left it alone. —African Proverb—

Dear Subscriber, Brent crude rose by 8.44% to $79.02/barrel owing to escalating tensions in the Middle East and concerns over potential disruptions in the Strait of Hormuz, which carries approximately 20 % of global oil.

Watch our MD’s presentation tonight at 10:00 PM on Channels Television, and stay tuned for the Post MPC report, coming tomorrow.

The MPC reduced the MPR to 26.5% while retaining the CRR, Liquidity Ratio, and Asymmetric Corridor, with a unanimous decision.

This payday, flip the script: 💰 Save FIRST 💰 Invest SECOND 💰 Spend what's LEFT Your future self will thank you!

Its a new week But before you start planning what to buy, let Warren Buffett drop some wisdom 👇 “Do not save what is left after spending; instead spend what is left after saving. Habits determine financial outcome.”

Dear Subscriber, MTN Nigeria (MTNN) shares surged to a historic high of ₦780 per share on Thursday, as investors reacted with overwhelming optimism to the group’s landmark $6.2 billion acquisition of IHS Towers.

Nigeria’s disinflation slows marginally to 15.10%   Contrary to analyst consensus, Nigeria’s headline inflation dipped only marginally by 0.05% to 15.10%. In terms of direction, the trend was accurate, but the magnitude of the drop was sharply lower than expected.

Roses are red Violets are blue I love you as much As I love inflation at 2 #ValentinesDay ❤️🥰

Snippets from our MD, Mr. @BJRewane Rewane, speaking at The covenant Nation presentation Click the link below to watch. It is currently live on @channelstv youtube.com/live/W8nThq62V…

Congratulations to the legendary @felakuti on receiving a posthumous Lifetime Achievement Award from the @RecordingAcad! Even years after his passing, his creative genius and timeless music continue to resonate and inspire listeners across the world.  #DidYouKnow? Fela becomes the first African musician to receive the #Grammys Lifetime Achievement Award? 📸: The Recording Academy

As we head into March 2026, investors will be looking out for inflation data, alongsidethe level of gross external reserves and money supply growth. On the policy front, theywill be sensitive to the implementation of the new tax law and where the burden of taxfalls.

These, and other major indicators of economic health, were discussed in detail at thismonth’s LBS Breakfast Meeting by @BJRewane Rewane and the FDC Think Tank. Click the link below to read more fdcng.com/wp-content/upl…

Snippets from the just concluded LBS presentation with our Managing Director, Mr. Bismarck Rewane. Stay tuned for when the presentation slides will be published. Don’t forget to turn on your notifications! #economics #presentation #economy #nigeria

Dear Subscriber, Did you know that Gold has surged over 27% already in 2026, following a 64% gain in 2025?

@TheEconomist That’s bc Nigeria is full of retards who can’t produce anything of value. Oil is all they have and they can’t even clean that right 😂. Plus you hate oil so you would have all of Nigeria die in order to “save the planet”

@haniya_445 3

Only 1% can find the different cat...

@Lilly_22100 Slap stop etc

No word starts with S ends with P.. Prove me wrong..

Dear Subscriber,   Eurozone inflation fell to 2% in December from 2.1% in November. This marks the lowest rate since August, returning to the target set by the European Central Bank and reinforcing expectations that interest rates are likely to remain steady for the foreseeable

@toluogunlesi Ogundipe Brigadier

Still playing around with Gemini images: #NigeriaIn1966 #1966archiveNG

Introducing The 1966 Archive: I've spent a lot of the last couple of months thinking about the year 1966, and what it means for #Nigeria. A symbolic year in a number of ways: 1. The year our first democratic experiment as a nation ended (the First Republic), succeeded immediately by the first of several military regimes. 2. The Nigerian civil war didn't officially start until 1967, but looking back, 1966 was arguably when the descent began. Had 1966 turned out differently, a Nigeria may have emerged that never saw a civil war. 3. A youth angle: The year that gave us the youngest leaders ever to lead Nigeria. Probably the year in which Nigeria's modern history was most influenced by young people. We even got a Head of State so young he was unmarried and child-free. 4. The year Dodan Barracks became Nigeria's seat of power. It would remain so for the next quarter of a century, making it Nigeria's second-longest-serving presidential residence, after Aso Rock. I have a personal fascination with Dodan Barracks, which has intensified since I saw it up close in January 2023: x.com/toluogunlesi/s… 6. A year of military decrees, and extensive bans (on political, tribal and cultural organisations), and intense debate about what kind of governance structure the country should adopt—the year of the first Constitutional Conference since Independence. A year of massive changes of political and governmental titles and nomenclature. 7. It was also a year of much high-level bloodshed -- two Heads of State assassinated in the same year, alongside several politicians and military officers. Not like Nigeria had not seen political violence and turmoil—1964 was a pretty turbulent year, marked by electoral violence—but the violence of 1966 was unprecedented. Of course it would then go on to be ecplised by the violence of the following three years. But no one knew this in 1966. 8. Interestingly, on the economic front, as democracy was vanishing, the macro-economy seemed to be picking up. Q1 1966 was an outlier Q1 for external trade since Independence in 1960, delivering a record trade surplus. In fact, the preceding two Q1s, 1965 and 1964, delivered trade deficits. 9. One of the major reasons for this surplus was that Nigeria's first oil refinery, in Port Harcourt (wholly private at the time, owned and run by a Shell-BP consortium), had opened at the end of 1965, and so Q1 1966 saw a 75% decline in the import of petroleum products. 10. It was also a peak year for Nigerian oil production (soared above 500,000 barrels per day), before the war sent output tumbling. In 1966, the number of companies that had made commercial discoveries of oil in Nigeria jumped from 2 to 7. That's how big a deal the year was, for oil. You can indeed say 1966 was the year Nigeria's 'oil-rich' status truly began. Why all the story? I find 1966 fascinating enough to focus on as a history project, as we mark its 60th anniversary this year, 2026. So many threads, so many questions, so many lessons. What should you expect? Stories, dates, interviews, a podcast, videos, essays, in-person events, maybe even a pop-up museum, and a commemorative book. Plenty ideas (because ideas are cheap), let's see which ones come to fruition. It will go live at: the1966archive.ng (link not active yet, but watch this space). Logo below done with the help of Gemini. What does it symbolise for you?