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@zeitjournal
The Nigerian Tax Reform Bills: Tinubu’s High-Stakes Lagos Playbook
Nigeria’s new tax reform bill isn’t just about numbers—it’s a power move. Beneath the bureaucratic language lies a game-changing shift that will deepen Lagos’ dominance while keeping the rest of the country locked in a resource-sharing tug-of-war. Let’s break this down and uncover the hidden layers of Tinubu’s chessboard. The Old Tax System: Who Gets What? Here’s how the current national tax…
Chaos and Connections: Lessons from a $20,000 Pitch at the Global Entrepreneurship Week in Ondo State
The 2024 Global Entrepreneurship Festival (GEF) promised to be a game-changer: a high-energy convergence of the world’s brightest minds in business, innovation, and technology. What it delivered, according to some attendees, was an alarming lesson in “how not to host an international event.”The three-day event, themed “Beyond Boundaries: Poverty Eradication through Entrepreneurship”, was set to…
When Nigeria Calls, Kemi Badenoch Doesn’t Pick Up – Here’s Why, Abike Dabiri-Erewa
Kemi Badenoch’s rise to the leadership of the UK Conservative Party is a tale of defiance, grit, and a relentless ambition to rewrite the rules—no matter the personal and political cost. Born Olukemi Olufunto Adegoke in January 1980, Kemi’s childhood in Lagos, Nigeria, was defined by the complexities of a nation struggling with systemic corruption and crushing poverty. But Kemi didn’t just…
The Billionaire and the President: Dangote, Tinubu, and Nigeria’s Energy Crossroads
Nigeria’s energy future stands at a crucial juncture, where the interplay of politics and business will determine the country’s economic trajectory. Central to this is Aliko Dangote, Africa’s wealthiest man and the driving force behind the monumental Dangote Refinery. With a $19 billion price tag, this project is set to revolutionize Nigeria’s oil industry, offering the nation a chance at fuel…
Moniepoint Hits Unicorn Status with $110M Boost—Is This Africa’s Next Banking Giant?
Moniepoint Inc., the African financial services powerhouse, has secured a hefty $110 million in a Series C round, setting it up to double down on its growth in the continent’s fintech space. Led by Development Partners International (DPI), with backing from Google, Verod Capital, and Lightrock, this investment rockets Moniepoint’s valuation past the $1 billion “unicorn” mark. Since its early days…
Tech Boom, Job Bust: The Reality of Freelance Work in Nigeria’s Growing Digital Economy
On the surface, Nigeria’s tech sector is booming. Everyone from fintech startups, TV show producers to media agencies is benefiting from the digital gold rush, and for a while, it seemed like the freelance economy would ride this wave to success. For many
On the surface, Nigeria’s tech sector is booming. Everyone from fintech startups, TV show producers to media agencies is benefiting from the digital gold rush, and for a while, it seemed like the freelance economy would ride this wave to success. For many young Nigerians, platforms like Upwork, Fiverr, and Toptal promised a life free from the rigid corporate structure, with the potential to earn…
The Invisible Workforce: The Struggles of Nigeria’s Gig Workers
Nigeria’s gig economy has exploded in recent years, with ride-hailing platforms like Uber, Bolt, and Okada apps like Gokada spreading like wildfire across the country’s urban hubs. In theory, these platforms offer flexible job opportunities in a country where formal employment is scarce. But the reality for gig workers—those invisible cogs powering this billion-naira machine—is grim. For the…
Free Tigran Gambaryan: The Real Crime Here is Nigeria's Backward Thinking
The Nigerian government needs to let Mr. Tigran Gambaryan go. Now. Why? Let’s rewind. Last month, CZ—yes, the CEO of Binance and poster child for regulatory chaos—walked out of a U.S. jail in Seattle after just four months and a cool $5 billion in fines paid across multiple jurisdictions. Sure, they hit him hard. But they didn’t break him. Meanwhile, back in Nigeria, it’s been eight long months…
How to Convince Your ROI-Obsessed Boss to Embrace AI (and Why Bayer’s CFO is Betting Big on It)
Look, we get it. Your boss or CFO is laser-focused on the bottom line, and anything that doesn’t scream “immediate ROI” might as well be fantasy. But what if AI could actually make them think twice? Enter Florian Zirnstein, CFO of Bayer Indonesia, who’s hacking the corporate mentality by pushing AI into Bayer’s daily grind—and guess what? He’s not crunching numbers right out of the gate. Yep,…
Sanusi Has a Grudge Against Jonathan—He Just Won’t Admit It, Even Over a Missing $49.8 Billion
Let’s be honest—Sanusi Lamido Sanusi has every right to hold a grudge against Goodluck Jonathan, even if he keeps denying it at every opportunity. Their bad blood traces back to 2014 when Sanusi, the then-governor of the Central Bank of Nigeria, accused Jonathan’s administration of losing a staggering $49.8 billion. That whistleblow cost him his job, or as he likes to phrase it—he was…
Very Darkman vs Bobrisky - Nigeria's Correctional Service Suspect List
The leaked audio by Very Darkman also mentioned singer Falz and his father, human rights lawyer Femi Falana, allegedly approaching Bobrisky with a promise to help secure a presidential pardon—an offer that came with a price tag of N10M.
🧵 THREAD: The Bobrisky Allegations – Officers Suspended and the N15M Bribe Controversy 1/ A major shake-up is happening at Nigeria’s Correctional Service (NCOS) following allegations surrounding social media influencer Bobrisky. Several officers have been suspended, including senior officials from Kirikiri and Kuje Custodial Centres. 2/ The Economic and Financial Crimes Commission (EFCC) has…
What Happened to Nigeria's Brightest Kids from 2009?
In 2009, a list of Nigeria’s smartest teenagers dropped, and it was a big deal. The West African Examinations Council (WAEC) decided to put the spotlight on 100 secondary school kids who absolutely crushed their exams, turning them into minor celebrities overnight. But as we all know, fifteen years is a long time. So, where are these brainiacs now? 2009: The Year of the Overachiever Back in the…
How Ekweremadu’s Translator Sabotaged the Kidney Scheme
“Igbo Interpreter Betrayed Ekweremadu in Shocking Twist” In the wildest twist of the Ekweremadu scandal, the new docu-series ‘Daniel vs Ekweremadu’ unveils a jaw-dropping betrayal. Evelyn ‘Ebere’ Agbasonu, the Igbo interpreter hired by Ekweremadu to navigate the murky waters of a secret kidney transplant, shockingly double-crossed her clients. Channels TV’s UK correspondent, Juliana Olayinka,…
Digital tit-for-tat: How South Africans Are Losing the Bolt Prank They Started
The internet is a strange place, and lately, it’s been the battlefield for a war no one saw coming. What started as a heated debate over a beauty pageant has spiraled into a full-blown clash between South Africans and Nigerians, with ride-hailing app Bolt at the center of the chaos. The Pageant That Lit the Fuse The drama kicked off with the Miss South Africa 2024 pageant, where Chidimma…
The Igbo Cultural Paradox: Why the Male Child is Valued More but Not Less
In Igbo culture, the male child is often seen as the cornerstone of the family, a fact that can give the impression that males are valued more than females. But this perception is steeped in a complex web of tradition and responsibility rather than outright favoritism. Here’s the gritty reality: the value placed on male children isn’t about superiority but about the weight of responsibility they…
From Malta to Moscow: The Secrets of Abdulkabir Aliu’s Fuel Empire
Nigeria is reeling from a bombshell revelation: an explosive surge in fuel imports from Malta, uncovered by none other than Aliko Dangote, the titan behind Dangote Petroleum Refinery. Copyright: Maigaskiya,A.U. via Maigaskiya Photography In 2023, Nigeria’s fuel imports from Malta shot up to a jaw-dropping $2.08 billion. This is an astronomical leap from zero between 2017 and 2022 and a pitiful…
GTBank Gets Jacked: Hackers Hijack Website, Steal Customer Data in Bold Phishing Heist
GTBank just got punked, and it’s a nightmare for anyone banking with them. In a move straight out of a cybercrime thriller, hackers have snatched the domain of Nigeria’s banking behemoth GTBank, turning their site into a digital trap. Since the stroke of midnight on August 14, 2024, the bank’s once-trusted web address has been hijacked, and your sensitive info might already be in the hands of…