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News On Demand, For Those On The Go
Copy of Nigeria Becomes The World's Best-Performing Stock Market; Nvidia Loses $1 Trillion In Value; S&P To Rerate Nigeria As Frontier Market From Unclassified; Meta’s New AI Model Is Geared Towards D
Global markets are sending mixed signals as investors reward reform-driven economies while reassessing the AI trade. Nigeria has overtaken South Korea to become the world's best-performing stock market and is now under review for a potential frontier market classification by S&P, even as Nvidia has shed more than $1 trillion in value amid a broader AI stock correction. Meanwhile, Meta is pressing ahead with its AI ambitions by giving developers early access to its latest mode
4 min read
Nigeria Becomes The World's Best-Performing Stock Market; Nvidia Loses $1 Trillion In Value; S&P To Rerate Nigeria As Frontier Market From Unclassified; Meta’s New AI Model Is Geared Towards Developer
Global markets are sending mixed signals as investors reward reform-driven economies while reassessing the AI trade. Nigeria has overtaken South Korea to become the world's best-performing stock market and is now under review for a potential frontier market classification by S&P, even as Nvidia has shed more than $1 trillion in value amid a broader AI stock correction. Meanwhile, Meta is pressing ahead with its AI ambitions by giving developers early access to its latest mode
4 min read
Tony Elumelu To Step Down As Chairman Of UBA; SpaceX Joins The Nasdaq-100, And Also Your Portfolio; Microsoft Cuts 4,800 Jobs; Lekki Phase 1 Rents Hit ₦10 Million On Average
Leadership changes, market milestones, and rising costs dominate today's headlines. Tony Elumelu is preparing to hand over the reins at UBA after more than a decade as chairman, while SpaceX is set to join the Nasdaq-100, cementing its place among Wall Street's biggest technology companies. Microsoft is trimming another 4,800 jobs as it reshapes its gaming business around AI, and back home, the average annual rent in Lekki Phase 1 has climbed to ₦10 million, the highest level
4 min read
The Economics of Snowfall
A Deep Dive Into Who the Economic Winners and Losers are during Snowfall "The weather outside is frightful.” Frank Sinatra I was working from home on a random weekday when I took a break to look at the view from my apartment and let my mind wander. Whilst I watched people penguin walk and cars all but crawl, I settled on an interesting thought: who benefits and suffers the most financially when it snows? That question led me down an incredibly fascinating rabbit hole, t
16 min read
Your "Investment" Is Probably a Gamble. Here's How to Know for Sure.
The Differences between Dice, Deals & Dividends; "The market can remain irrational longer than you can remain solvent.” John Maynard Keynes I commonly get consulted for investment proposals, whereby people are asking of me where I believe is best for them to deploy their capital in order to get a financial return, and the first thing that I ask [after strongly indicating that I am not a financial advisor, and the entire conversation isn’t financial advice] what their time
22 min read
From Manger to Markets: An analysis of Christmas’ Commercial Takeover
Has Capitalism Devoured Christmas? Underneath the bustle of the German Christmas markets, the pouring of mulled wine and hot chocolate, the wrapping of selected trinkets, and the voices of the choir singing Christmas carols, is the faint, almost imperceptible, constant pinging of successful transactions, whether it be Apple Pay, Google Pay, cash, or a physical card. That sound is the evidence of the “Golden Quarter” in full swing, and the silent prevalence of the second r
11 min read
Copy of Nigeria Becomes The World's Best-Performing Stock Market; Nvidia Loses $1 Trillion In Value; S&P To Rerate Nigeria As Frontier Market From Unclassified; Meta’s New AI Model Is Geared Towards D
Global markets are sending mixed signals as investors reward reform-driven economies while reassessing the AI trade. Nigeria has overtaken South Korea to become the world's best-performing stock market and is now under review for a potential frontier market classification by S&P, even as Nvidia has shed more than $1 trillion in value amid a broader AI stock correction. Meanwhile, Meta is pressing ahead with its AI ambitions by giving developers early access to its latest mode
4 min read
Nigeria Becomes The World's Best-Performing Stock Market; Nvidia Loses $1 Trillion In Value; S&P To Rerate Nigeria As Frontier Market From Unclassified; Meta’s New AI Model Is Geared Towards Developer
Global markets are sending mixed signals as investors reward reform-driven economies while reassessing the AI trade. Nigeria has overtaken South Korea to become the world's best-performing stock market and is now under review for a potential frontier market classification by S&P, even as Nvidia has shed more than $1 trillion in value amid a broader AI stock correction. Meanwhile, Meta is pressing ahead with its AI ambitions by giving developers early access to its latest mode
4 min read
Tony Elumelu To Step Down As Chairman Of UBA; SpaceX Joins The Nasdaq-100, And Also Your Portfolio; Microsoft Cuts 4,800 Jobs; Lekki Phase 1 Rents Hit ₦10 Million On Average
Leadership changes, market milestones, and rising costs dominate today's headlines. Tony Elumelu is preparing to hand over the reins at UBA after more than a decade as chairman, while SpaceX is set to join the Nasdaq-100, cementing its place among Wall Street's biggest technology companies. Microsoft is trimming another 4,800 jobs as it reshapes its gaming business around AI, and back home, the average annual rent in Lekki Phase 1 has climbed to ₦10 million, the highest level
4 min read
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