I am in a meeting now that is so annoying but I want to take my mind off things that upset me to talk about love and marriage.

I have been listening to people talk in many @joinClubhouse rooms about what they expect from potential partners and laugh very hard each time.

There are many Africans with a free $50k to $100k lying idle somewhere than we think. They keep cash as a contingency for many reasons. Anything can happen. Positively or negatively. Cash is sometimes worse than a dead asset. They keep it anyway. Most likely outside Africa.

I was having a chat with my best man about African investments and I could have tried to teach him ancient Sumerian instead. Dude’s mind is closed to Africa. He would rather invest in Dubai as it made more sense. Problem is there are African investments with much better returns.

I think Africa has a massive PR problem. The problems are real no doubt but the opportunities are also real. The news about the problems overshadows the details about the abundance of opportunities. I still can't forget the lady at @Ashesi who told me about African abundance.

I have seen magic done in 2001 with $285m raised all locally in a month for a deal. Over 20 years later, African startups are still hustling in a demo day abroad for thousands of dollars that other Africans already have to give but don't or can't. It is a complete mindfuck.

There is a reason African people don't believe too much of the good news. They have been brutalized and conditioned so much with bad news that it becomes their frame of reference. Where else can a train track be attacked twice in two days and nothing is said by the government?

One thing I am grateful about is the ability I have always had to keep living my life on my own terms without being drawn into trends. I am an obsessive extremist. I don't do middle ground obsession. When I love something, I don't do half measures. I can also do dislike that way.

What I have learned is that there are some trends you can't avoid even when you don't like the hype around them. One of those trends is crypto.

My boss @osuide ALWAYS without fail, predicts big things in tech. He introduced me to the Internet with my first infoweb account.

He introduced me to crypto too in spite of my misgivings. I bought $300 bitcoin and promptly lost it. The fact that I could lose something valuable that easily was my pain. I didn't at first see the bigger picture of custody aggregation. This was before coinbase became a thing.

I had actually searched for the domains ”bitbase” and ”coinbase” and maybe I even owned one of both domains at some point, I can't remember. I was, however, a very early adopter who dropped off when it seemed to become a fad. I was even on some ICO advisory board at some point.

I remember I wrote to @iaboyeji and @TechProd_Arch to take it seriously at Flutterwave. I also had a chat with one of the founders of the local exchanges about not using the .ng domain and using .africa to avoid the Nigerian government and their potential issues.

Epic Win!

That was our team. 🔥

There is this inertia that most people in business who think they are successful have that prevents them from acting on things until it is too late. It is why they are caught unawares by change.

I read ”Only the paranoid survives” and I am seeing it play out in real life again.

Constant paranoia doesn't mean acting like a crazy person or even a mean and greedy person. It means that you are constantly aware that adverse change can make you irrelevant very quickly. The speed of irrelevance is much faster now and it largely depends on team types.

Some teams can be deluded. They believe too much in themselves because of past glory that it clouds their ability to see future danger. When the unexpected finally happens, they turn on each other and blame themselves and abandon the ship. They have always been living a lie.

Some teams can be totally ignorant of what is happening around them and can have tunnel vision. They end up working on products that have become irrelevant before they finish. They still believe somehow that others will adapt to them and csnf understand why failure happens.

Some teams can have extreme keyman risk. One person knows most of what needs to be done and nothing works well when that person is not in the picture. This type is more prevalent than we can imagine. Once one person takes more initiative, others just become passive.

What is the calculation of the super-rich Nigerian and why don't they run to the hills whenever there is an economic crisis?

I think because each crisis presents new opportunities with loopholes to gain advantage. I’ve once said that Nigeria is the world’s opportunity capital.

What Nigeria produces in abundance is opportunists. We don't do capitalism or socialism in Nigeria, we do opportunism.

Opportunism doesn't think long term about anything. It takes lemons and makes lemonade, then tries to create a lemonade monopoly to have outsize sales margins.

This is why we import when things are scarce. We trade when we are broke. Importation and trade are very short-term value creation processes without long-term upside. It is why our wealthy people are ”low-quality” according to @DoubleEph 😂

There is generally no production depth

Our banking system is also complicit in supporting this charade. It is why most of the nonperforming loans have been made to these same opportunists masquerading as the ”super-rich”. I missed the opportunity to add quotes in my first tweet. Their so-called wealth is qualified.

Something is fundamentally wrong when an economy is almost completely transactional. Yes, I have made money from fintech but I also see the long term damage of the current fintech hype. Nigeria as a country has been in one long hype cycle. This is why I keep saying it isn't real.

So just saw a clip with CNN pundits claiming Nigeria investing in rail transport with Chinese funding is nothing but a white elephant project. It would have been better spent to build schools. Since when did the media decide what Nigeria should and shouldn't do with its money?

Ive seen a Focus on Kenya Exclusive on CNN. They spent 4 minutes talking about Kenya's mobile banking system, which is the most sophisticated in the world, and spent an hour on Kenya's Kibera slums. When terrorist struck Nairobi mall CNN was unabash in showing images of blood

and gore of dead victims repeatedly all through the day. This will never happen in a similar style terror attack anywhere in the West. It’s time to take a hard look at the role of the liberal media in perpetuating a horribly simplistic and stereotypical portrayal of Africa

At what point do we stop being dormant?. At what point do we fight back to salvage our self esteem and integrity as Africans? They did not condemn the U.S invasion of Iraq that has forever changed the middle east.

Today in pulp I look back at the world of Soviet women's fashion!

It's not all berets, but it mostly is...

Now you may think that fashion and the Soviet Union go together like Groucho Marx and Friedrich Engels. However that is to misunderstand the nature of the Commad Economy: if she commands it, you'd better buy it for her!

So there is a rich history of fashion and fun (along with the tractor factories and endless ballet performances) in the old USSR. Let's take a sashay along it...

At the start of the Soviet years women's fashion, let's face it, tended towards the functional. Red was popular, as were headscarves, hobnail boots and the ability to field strip a 3-line rifle.

But all that was about to change...

...because Russia had a new fashionista in charge: Stalin! He hated the peasant look of War Communism because it made socialism seem synonymous with poverty. He ordered Soviet Woman to spruce herself up.

Happening now: President Cyril Ramaphosa has taken to the podium to deliver the #SONA2021 before a hybrid sitting.

#SONA2021 | Ramaphosa briefly commemorates the release of the late former president Nelson Mandela from the Victor Verster Prison in Cape Town in 1990.

'It was clear that freedom was tangible.'

#SONA2021 | Ramaphosa likens the country's resilience to that of the fynboos.

"We have risen time and time again from the depths of darkness to herald a new day."

#SONA2021 | Ramaphosa hails the efforts of front liners and essential workers amid the raging coronavirus pandemic. We have made mistakes but we have also stood together.

"It is a story of solidarity and compassion."

#SONA2021 | Ramaphosa: This year is about change, progress and rebirth.

Today Vice President @ProfOsinbajo presided over a meeting of the National Economic Council (NEC), to critically review the security situation in the country. Council recommitted to the following principles:

#NECBrief
#AsoVillaToday
#Thread

The Council recommitted to the following principles:

1. The protection of all residents of all States, including non-indigenous communities and religious and ethnic minorities within State jurisdictions;

2. The arrest and prosecution of all perpetrators of crime;

3. In collaboration with federal authorities, the reconstruction of destroyed homes and payment of compensation where appropriate by State authorities for damage to property and livelihoods sustained during targeted attacks on communities within their jurisdictions;

4. Ensuring that deceased victims of such violence are duly accorded dignified burial rites;

5. The immediate public and unequivocal condemnation of all manifestations of hatred, targeted violence, and other hate crimes against ethnic, religious, and minority groups;

6. Ensuring that local security initiatives—whether State Govt law enforcement agencies/local vigilante groups/ @PoliceNG Community Policing programme—are inclusive & composed with due consideration given to adequate representation of non-indigenous/minority resident communities;