Ugodre @ugodre
Chartered Accountant (FCA), Certified IR Practitioner, Chartered Marketer, Financial Analyst. Founder/CEO @Nairametrics. nairametrics.com/author/ugodre-… Somewhere in the economy Joined March 2009-
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Of all the challenges we have in this country, it’s WizKid that Nigerians are bothered about. 🤷🏽♂️🤷🏽♂️🌚🌚
Just compare Eko and Ikeja DisCos to the rest and you understand why Lagos needs its own grid and market.
So you must now buy meat pie before you buy fuel? 😅😅😅
"Naira on Trial: A Case of Correlation without Causation. The recent dip in the Naira has left many scratching their heads and pointing fingers at the CBN's speech. However, it's important to look closer and discern between correlation and causality. The CBN's minimal…
"Naira on Trial: A Case of Correlation without Causation. The recent dip in the Naira has left many scratching their heads and pointing fingers at the CBN's speech. However, it's important to look closer and discern between correlation and causality. The CBN's minimal… https://t.co/htDpNLKGYb
This is often a very difficult choice to make, so hard to disagree with the CBN here. Nigeria has been in a multi year stagflation and as things stand we will have to sacrifice growth over inflation. The issue now is the politics of this. Higher unemployment only adds to…
This is often a very difficult choice to make, so hard to disagree with the CBN here. Nigeria has been in a multi year stagflation and as things stand we will have to sacrifice growth over inflation. The issue now is the politics of this. Higher unemployment only adds to…
PH fintech company Salmon gets $7-M IFC investment business.inquirer.net/456630/philipp…
The exchange rate is back to N1,400/$1 depending on who is quoting. A number of things come to mind. 1. The US Fed in response to higher inflation will not be cutting rates anytime soon. This means a stronger dollar globally. Bear in mind even the Japanese Yen as its worst…
I still not get why this company is not listed on the Exchange.
Fun fact! First ever dividend for Google Alphabet to pay its first dividend after strong quarterly revenue via @FT on.ft.com/4dhdTDK
Some investors in Nigerian startup, Thepeer, have requested an audit of the shuttered business, saying that at least $500,000 is unaccounted for by the founders. techpoint.africa/2024/04/23/the…
Join us tomorrow, 8am for another insightful episode of #Followthemoney with @ugodre Engage with us during the Q&A session and get free expert advice on your financial queries. Live on YouTube and on @ClassicFM973 👉🏻 Monday 22ND of April #NMupdates #Nairametrics #classicfm…
From all of us at #afronomicslaw: Thank you for your support when we hosted our second in-person event in DC. Thank you for writing, using, sharing the materials we publish & thinking of us. We will continue to put #Africa & the Global South on the global map meaningfully.🙏🏿❤️
"The truth of the matter is in this short-term, these [economic] reforms are painful and the pain is real for most people and most families," Ben Akabueze, Director-General of Nigeria Federal Ministry of Budget + Economic Planning acknowledged talking @NigeriaGov's reforms w/ me.
Major takeaway here is the fact that these guys want capital transfers to move faster and cheaper but won’t admit how well crypto is primed for this. Another cursory takeaway is the level of capital flows going into the US. IMF actually states about a third of global capital…
Major takeaway here is the fact that these guys want capital transfers to move faster and cheaper but won’t admit how well crypto is primed for this. Another cursory takeaway is the level of capital flows going into the US. IMF actually states about a third of global capital…
On Yahaya Bello, EFCC, and Kogi State Governor, Usman Ododo How it started. As at 9:30am Wednesday morning EFCC operatives stormed Yahaya Bello’s Abuja home to arrest him over an alleged 80.2billion money laundering probe. But the EFCC were met with stiff resistance A thread👇
On Yahaya Bello, EFCC, and Kogi State Governor, Usman Ododo How it started. As at 9:30am Wednesday morning EFCC operatives stormed Yahaya Bello’s Abuja home to arrest him over an alleged 80.2billion money laundering probe. But the EFCC were met with stiff resistance A thread👇 https://t.co/kHe4Xz3hC0
In other word’s, at $3.65/day it means your regular 9-5 guy only has N4k a day to spend. Price your products higher at your peril.
In other word’s, at $3.65/day it means your regular 9-5 guy only has N4k a day to spend. Price your products higher at your peril. https://t.co/Ofx5RgdTMl
Dr Ola Brown @NaijaFlyingDr
242K Followers 449 Following Founder: @HealthCapAfrica | Featured: CNN, CNBC, Arise | Bridging the gap between healthcare and financeOlúwatósìn Olasein.. @tosinolaseinde
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69 Followers 824 Following Christian|Sociologist|Social commentator|One time NYSC Club Liaison Officer|Proud Black Man|Africa for Africans.Timileyin @Timileyin489687
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2 Followers 46 Following Biznilahi is a Nigerian incorporated company and locally owned.The company offers Engineering constructions, Renovations,Valuations and Projects management.Abubakar Ibrahim Tabi.. @Iammailafiya
121 Followers 1K Following Get Rich or die trying 💪 @playsomo | $SOMODr Ola Brown @NaijaFlyingDr
242K Followers 449 Following Founder: @HealthCapAfrica | Featured: CNN, CNBC, Arise | Bridging the gap between healthcare and financeOlúwatósìn Olasein.. @tosinolaseinde
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218K Followers 8 Following Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME | Inquiries: [email protected] FB/IG/Twitter/LinkedIn: NairametricsJasonNjoku @JasonNjoku
144K Followers 1K Following Husband, father of 3, modern day capitalist Ironman 70.3 triathlete. Impose ta chance, serre ton bonheur et va vers ton risque. A te regarder, ils s’habitueronttyro @DoubleEph
137K Followers 2K Following Co-author - with @folafagbule - of “Formation: The Making of Nigeria from Jihad to Amalgamation” UK https://t.co/9PDlOe9B4X US https://t.co/uKtB8hyPn8Olumide Adesina @olumidecapital
41K Followers 293 Following Tweets for informational purposes only and not intended for investment adviceOlúṣeun Onígbind�.. @seunonigbinde
95K Followers 5K Following Director: BudgIT, ForeFront, Kwerty. Highly unrepentant about the primacy of public accountability. Democracy & Civictech Strategist.Stears @StearsInsights
120K Followers 78 Following Stears provides macro insights and analytics to global organisations investing and operating in Africa. Request demo to get started: https://t.co/0H1zWM6WkL-valar morghulis- @eldivyn
39K Followers 7K Following CEO @assetbaseHQ, @risevest (TS S20). Team Lead @chakastocks Co-Founded @buycoins (YC S18). Committed to creating financial solutions for the African continent.Taiwo Oyedele @taiwoyedele
50K Followers 603 Following Chairman, Presidential Committee on Fiscal Policy and Tax ReformsTayo Oviosu @oviosu
74K Followers 4K Following Hubny | Dad to 日章 & אליענה | Founder & Group CEO @Paga + @doroki_ng | @Kairosangels | @ALAcademy Foundation | @Bakcollege, @USC, @Stanfordgsb | @ChelseaFC fan!Olufemi AWOYEMI, mni @OlufemiAwoyemi
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58K Followers 3K Following CEO FAR, Channels Bus Editor (2015-2020) Arise TV (2020-) BloombergTVA (2013-2014) Pearl Awards (2007 & 2019) NIPR Award (2020) African Energy Media Awards 2023Whole Woman Network C.. @wholewomancoop
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482 Followers 453 Following Editor-in-chief & White House Correspondent @AfricaBazaarmag, Formerly of @WSJ, fmr treasurer and board @DeadlineClub. Changing narratives of AfricaOlabisi D. Akinkugbe @bisi_akins
4K Followers 2K Following Associate Prof. |Viscount Bennett Prof. of Law @schulichlaw|Founding Ed. @afronomicslaw|Co-Ed. in Chief: African Journal of Int'l Ec. Law |W: https://t.co/kiYQQXcLBZNTSB @NTSB
175K Followers 364 Following The NTSB investigates aviation accidents and significant events in railroad, transit, highway, marine, pipeline and commercial space.Troll Football @TrollFootball
4.0M Followers 575 Following 🚨 Don't follow us if you can't take a troll on your fav club/player. Contact: [email protected] #NoVoteToBJP #ModiHataoDeshBachaoNos Gbadamosi @nosmotG
2K Followers 1K Following Journalist, Writer of @foreignpolicy Africa Brief | Words in @AJEnglish, @TIME, @CNN | Grantee on China-Africa relations @PulitzerCenterPeter Ashade @ashade_peter
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153K Followers 60 Following The official handle of the apex tax administration authority in Nigeria, the Federal Inland Revenue Service. Customer Care: @AskFIRS; 02094602700funsodoherty @funsodoherty
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34K Followers 0 Following Daily facts about the wonderful world of aircraft ✈️Tellzy 🎙 @Tellzy
8K Followers 145 Following Actor | Creator | Voice Over King #BTSwithTellzy | Tiktok @TellzyO'tega Ogra @otegaogra
13K Followers 2K Following FCIM. MCIPR. Strategic & Exec Comms Exec. Proudly & Fiercely Nigerian. SSA to @NgrPresident @officialAbat. Tweets express personal opinions except statedAsuquo Ekpenyong @A_Ekpenyong
5K Followers 500 Following Senator Representing Cross River South Senatorial District. Tweets by me are signed AE.Axios @axios
666K Followers 1K Following Smart Brevity worthy of people's time, attention and trust. Subscribe to our newsletters: https://t.co/uMitaJHEA1Mario Nawfal @MarioNawfal
1.5M Followers 21K Following Unfiltered Unbiased Verified 24x7 Breaking News | NO BIAS, NO ECHO CHAMBERS: Host of the Largest Show on 𝕏 | Founder & InvestorWorld Bank @WorldBank
3.9M Followers 883 Following The official World Bank account. Our vision is to create a world without poverty on a #LivablePlanet. Check: @BancoMundial, @Banquemondiale & @AlbankAldawli.Francis Ngannou @francis_ngannou
1.2M Followers 82 Following Lineal Combat Sports Heavyweight Champion of the world 🏆 🇨🇲🇫🇷 http://www.francisngannoufoundation.orgEIZUiOSGF @OfficialOSGF
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9K Followers 100 Following Abundant living and living my truth finally! You can’t stress me!LabourPartyNG @NgLabour
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2K Followers 131 Following 🎨I'm Art drunk 🎨Creativity sick 🎨Fast and furious painter🏎️🏎️ 🎨You deserve to be on my page, you earned it🥂🍾🌏 || 🤳 PAGE Managed by @MeetebenezerJoanna Mustapha @joan_must
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1.3M Followers 84 Following The Secret Service is mandated by Congress to carry out an integrated mission of protection and criminal investigations.DeyemiTheActor @_deyemi
62K Followers 2K Following Official Account #TeamDeyemi #Actor | #Film | #TV | #Theatre | #Voice manager(at)deyemitheactor(dot)comExactly nine years ago today, Oronto Natei Douglas, my friend, brother and mentor, exited this world after a battle with cancer. OND, your memory is blessed forever. Here’s a link to the grieving tribute I wrote on him in 2015: thecable.ng/oronto-natei-d…
This building is nearly 2,000 years old. How can something so ancient, of such scale, still be standing? The answer might surprise you... (thread) 🧵
Lol Ikuforiji resigned from the company yesterday. By the time Tinubu and his people are done with Nigeria ehn
MPH Rail Development Ltd., a UK-based company with no history of rail construction owned by Adeyemi Ikuforiji, speaker of the Lagos State House of Assembly, is on the verge of securing a rail construction contract from the federal government, @fijnigeria has discovered👇
Legendary crooner Frank Sinatra was reported to be an inspiration the film’s singer/actor Johnny Fontane, and Ol’ Blue Eyes was not happy about it. He reportedly told Al Martino he’d never work again if he played the part of Johnny in the film (though that didn’t stop him).…
Nairametrics should be the Bloomberg of Nigeria. This insight from @ugodre just helped me understand the power sector like a baby. Kudos sir.
I think the biggest mistake we are making is to think CBN is the solution to Nigeria’s fx woes. Without fixing Nigeria’s fiscal crisis inflation and forex will continue to be a challenge.
This is a very important data that says a lot about the structure of the Nigerian economy If a whopping 87% of your working population are self employed, it connotes so many things. Here are some examples that come to mind. 1. Suffering and smiling. Since we all have “work”…
87% of working age Nigerians are self-employed – NBS - nairametrics.com/2024/02/20/87-…
They increased CRR to 26%, They also increased their lending rate While also increasing their MPR to 12.5%. Nigeria has done all of that and more. Yet we are down 25% this year already. No confidence
Zambia’s currency is in its longest winning streak in nearly a year, thanks to policy steps by the country's central bank trib.al/in6atQ8
How can I explain how easy it is to get detached from reality when you are in a senior position in government, without appearing to excuse it? First, you are so consumed about what is happening inside government that you don’t have time to think about what is happening outside…
Looks like the central bank has finally “freed” the naira. They might not admit it, but this is akin to a free float of the currency. Looks like FX subsidy effectively over!
@ugodre Consolidation of Fiscal Policies and Monetary Policies. Monetary policies transmission mechanisms becomes effective if the fiscal end of the economy is working …. Fiscal policy needs to encourage industrialization , exports , food security ,
The lesson for me is that the lasting solution to solving forex crisis is drastically reducing fiscal deficits, keeping a low debt to GDP ratio and debt service to GDP ratio and keeping inflation low. We also need to drive up exports from momo to multiple. These factors are…
The exchange rate between the Lebanese currency and the dollar plummeted from 1,500 to as low as 34,000/$1 in 2019. This is how it happened
Nigeria's Stock Market closes 2023 with stellar 45.9% gain, triumphing amid challenges - nairametrics.com/2023/12/29/nig…
Am I the only one experiencing this? Most artisans I deal with now tell me to transfer money into their “new” Opay or PalmPay bank accounts ditching their prior bank.
I'm struggling to find the economic explanation for the traffic in Lagos and most cities this holiday season. Salons are full, joints no seats, flights fully booked, beaches full of people, markets bursting with buyers and sellers, etc. Even the stock market is at an all-time…
What have you stopped buying due to inflation in Nigeria?
I’ve been hearing tails of fake new tyres until it happened to me this evening on 3mb. Tyre is just 4 days old and cost N60k I also paid area boys N60k in “road taxes” to leave safely.
On this recapitalization plans, most banks already outgrew the N25 billion minimum cap. Banks and their net assets this year so far. FBNH - N1.3 trillion UBA - N1.7 trillion GTCO - N1.2 trillion Access Holdings - N1.6 trillion Zenith - N1.9 trillion Stanbic - N471 billion…
CBN proposes new round of recapitalization for banks to service targeted $1 trillion GDP - nairametrics.com/2023/11/25/cbn…