Simon Obasi @Simon_Obasi Twitter profile | Pikagi

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Simon Obasi

@Simon_Obasi

1,136

Followers

1,260

Following

227

Media

4,648

Statuses

ACA; Big 4s; Accountant // Finance; M&A. Not money; not skills; but time. Time is the biggest lever for massive wealth creation - Manoj Arora. Start early.

Joined May 2016

Don't wanna be here? Send us removal request.

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@Simon_Obasi

Simon Obasi

6 months

"I have found no greater satisfaction than achieving success through honest dealings and strict adherence to the view that, for you to gain, those you deal with should gain as well" - Alan Greenspan, former US Fed Chair. Reading this in 2017 helped to strengthen my philosophy!

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@Simon_Obasi

Simon Obasi

2 months

Dear accountants, Be mindful of this error - some of you do this, but that is incorrect. Imagine that your company has granted a staff loan of N12K to Mr. A for 3 months, you typically will: Dr. Staff loans Cr. Bank. But how do you record this when the staff repays? 1/

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@Simon_Obasi

Simon Obasi

2 years

@MissUmmmi Nice. Free advice for people here… If you dream of working in the Big 4 after grad, there is no need to wait till you see ‘We are recruiting’. Most (if not all of them) recruit all year round. Worst case, they move your resumption date. Visit all their sites and apply!

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@Simon_Obasi

Simon Obasi

2 months

Interested in joining a Big 4's financial advisory team? This role is only if you have FA/corporate finance experience and can operate at Manager or a more senior level. If yes, I'm happy to recommend you for some openings. Slide into my DM Thanks Lord @SirJarus for the reach

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@Simon_Obasi

Simon Obasi

2 months

If you have come in contact with cash flow statements (CFS), have you ever wondered why 'increase in current assets in CFS' is always reported as a deduction? The truth is, you are not alone. Many people wonder like you, even some who did Accounting and a few who hold ACAs 1/

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@Simon_Obasi

Simon Obasi

2 months

Dear accoutants, how are you? Today, I write you about another interesting topic. Many of you may know this, but some may not. Quick question - how were you taught to treat the term 'carriage inwards' in your final accounts. 1/

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@Simon_Obasi

Simon Obasi

2 months

Thinking of joining BCG Nigeria at any level (yes, any level) and already have consulting experience or financial advisory experience from the Big 4? This is a good time. Slide into my DM. @SirJarus

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@Simon_Obasi

Simon Obasi

16 days

By the way, guys, I'm looking for 2 very smart accountants that I can recommend to a trusted former boss. You must consider yourself to be very good. ACA. At least 3 years experience, but not more than 6. Pay is nice. Can you? Talk to me on DM.

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@Simon_Obasi

Simon Obasi

2 years

@MissUmmmi If you can, get offers from all of them and make a choice. Again, never wait for ads. People leave the big 4 everyday, and they keep training for replacement. So, why wait when you can start your journey today? All the best!

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@Simon_Obasi

Simon Obasi

17 days

Accountants, come and share your knowledge here. A fashion company approached a social media outfit to sell them a list of fashion-freak users they had curated for $50,000. The fashion company plans to sell premium products to them. Your thought? A. Capitalise B. Expense Why?

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@Simon_Obasi

Simon Obasi

3 years

@iamziben @DavidHundeyin Has anyone checked all bank accounts linked to him and confirm where all the inflows come from, and probably where they exit to? Could just be a gateway to know more!

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@Simon_Obasi

Simon Obasi

1 year

@SirJarus Haha! @SirJarus , I love how that ended. She didn’t even stress at all, just go to my LI; then come back and testify the goodness of the lord. When boys learn that men are around, they mellow!

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@Simon_Obasi

Simon Obasi

4 months

@FinPlanKaluAja1 One of the most shocking things I learnt was that Ethiopia doesn't have a stock exchange and only working on that. When you open to the world, everyone gets happy!

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@Simon_Obasi

Simon Obasi

4 years

@9jamuncher @AbdulMahmud01 @segalink Ahhhh! The recent appointment of the chairman and secretary of the FCC also has its own issue, and not long ago, the senate was asked not to confirm both due to concerns of federal character... The complaint says both are from the north!

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@Simon_Obasi

Simon Obasi

4 months

If you are an Airtel shareholder, then you need to bring your seat closer and pay attention! Something big is about to happen. On my random journey around NGX website yesterday, I stumbled on a corporate disclosure from Airtel. 1/

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@Simon_Obasi

Simon Obasi

4 months

@FinPlanKaluAja1 Now it's clear why they moved their board meeting multiple times. In one of my recent tweets, I said moving the meeting won't change how the result looks.

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@Simon_Obasi

Simon Obasi

2 years

@oseunaraa @Mr_JAGs Naa Shouldn’t have regrets. Sometimes these Qs are asked not cos the anchor doesn’t have d answers but cos many people who have same Qs won’t have opportunities to ask Mr. Gov. Douses concerns some may have. Good opportunity for Mr. Gov to sell his market.

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@Simon_Obasi

Simon Obasi

4 months

I found this stock on NGX. Guess what? It trades at 0.88X assets, 1.6X book value and 1.09X revenue. It's profitable, EPS at N1.84 and PE at 7.2X. Yes, it's called Industrial and Medical Gases Nig Plc (IMG), a maker of medical gas and welding products.

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@Simon_Obasi

Simon Obasi

1 year

@Morris_Monye Every investment is a piece of savings, not all savings is investment. Naira under my pillow is savings but not investment. Investment carries more risk (you know). Savings do too, but largely inflation risk.

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@Simon_Obasi

Simon Obasi

3 months

@StevDozie @UchePOkoye Without saying it in the movie, Odogwu was aware that his daughter (Amaka) was stealing money and giving to Paulo. Recall when Afam was settled and while exiting, found Amaka crying? She mentioned that. I'll think that Odogwu put that into consideration in whom he settled 1st.

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@Simon_Obasi

Simon Obasi

7 months

@tokunbo_wahab @Mr_JAGs Dear Hon. Commissioner, please extend the ongoing work you teams are doing to Ibeju / Epe before it gets saturated over there. Good to tame the wild wind before it escalates. Cheers.

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@Simon_Obasi

Simon Obasi

4 months

@FinPlanKaluAja1 They said the N23 trillion is now N30 trillion. Senate President said the extra N7 trillion is interest accruing to the N23 trillion. I’m just wondering what time the N7 trillion was accrued; was it just over the last 9 months and over what time? Aaaaiiiii! Nayyyyy!

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@Simon_Obasi

Simon Obasi

2 months

It doesn't mean that the staff cost for the period has changed, it's only saying that we are making a deduction. When payment is made (including for other items, that payment happens thus: DR. Salaries payable Dr. Pension Dr. Paye Cr. Bank I hope this helps someone. Cheers. 8/8

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@Simon_Obasi

Simon Obasi

6 months

@bigbrutha_ Because FTW was valued at $3B a while ago, abi? Ok. The largest NG bank is probably just c.$1B now. One thing Fintech biz model gives holders now is what I call the euphoria of valuation. Not a bad one as you are pricing hopes and expectations.

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@Simon_Obasi

Simon Obasi

4 months

If there is one thing I'll tell you, one thing that I wasn't told that would have changed my future if I knew this from my first day at work, here it is... START YOUR INVESTMENT JOURNEY EARLY, AND IF YOU HAVE NOT STARTED, START TODAY. 1/

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@Simon_Obasi

Simon Obasi

4 months

Ah! Today na my wedding anniversary ooo! I'm incredibly happy for how far I have come with my amazing woman and our smart lil daughter. My plan? Family already planned. Picture was our first anniversary...today to follow. For you? That you might follow me dance. How?

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@Simon_Obasi

Simon Obasi

3 years

@fimiletoks Dr., you said, states should be able to use IGR to service payroll cost; and I agree with you I provided data to support your point; but unfortunately, data is a 2-edged.m sword My point is, KDS’ IGR is sufficiently pay salaries of KDS staff, period Maybe ur conclusion changed

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@Simon_Obasi

Simon Obasi

2 months

Oya, chartered accountants, here's a job opening for you... An IT-startup domiciled in VI urgently needs your service. Pay is N400-500K. Send your nicely written CV (try include a cover letter that can sell you well in your absence) to the email below Wishing you the very best.

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@Simon_Obasi

Simon Obasi

1 year

@VictoriousDre @ronaldnzimora @Chydec1 I'm sure you know this push didn't start today. Before the elections proper, many championed stuffs like this. If there is no awareness (as he has made people know), no one will know, and you may also not know when this bill is passed. It's such a sad one from a public officer.

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@Simon_Obasi

Simon Obasi

10 months

@Marleeki I asked Bard about A.K Yusuf and it told me there are 4 of them in the same Uni. 1. Current Dean of Fac of Agric (Abubakar K. Yusuf 2. Prof of Biochem (Aminu K. Yusuf) 3. Prof of Geography (Abdulkadir K. Yusuf) 4. Lecturer in Dept of English (Aminu Kabir Yusuf). Well done!

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@Simon_Obasi

Simon Obasi

2 months

Since 2017, I have drafted countless management and board packs/reports. I have read tonnes of these too since 2012. If there is one thing I'll ask you to do when you draft these reports, please be careful with emotive words, and if possible, avoid them. 1/

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@Simon_Obasi

Simon Obasi

3 years

@fimiletoks Great point on the fact that states must be able to generate sufficient IGR to pay workers. The question; is KDS saying they don’t generate sufficient IGR to pay workers? They lie... Nairametrics reported on Apr 17 that KDS 2020 IGR was N50.75B. That’s more than enough..,

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@Simon_Obasi

Simon Obasi

2 months

For everyone who shared CV with me, thanks for doing so. Happy to share that my BCG senior friend thinks the CVs are of very good quality. There are 2 CVs I think I didn't share and can't recall who they are. 1/

@Simon_Obasi

Simon Obasi

2 months

Thanks to everyone that reached out. I have responded to over 100 people and counting. But most are junior to mid senior CVs. Can we switch gears? Where are the senior people? If you are a very senior person looking at a senior role here, drop me a note. I mean very senior pls.

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@Simon_Obasi

Simon Obasi

1 year

@fimiletoks If you take a look at the comments, you'll see that many argue that they see no benefit of paying personal income tax... I always remind people that "Taxation is not a Question of Morals but of Law". You don't justify not paying tax by not seeing what it's done with.

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@Simon_Obasi

Simon Obasi

2 months

Hello guys... Someone reached out asking for guidance to ace BCG's Entry Level interview which he's to go for soon. Any idea what to expect? Your kind suggestions will assist him. @NudgeTM @SirJarus

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@Simon_Obasi

Simon Obasi

2 months

If you are studying Accounting in UNN, you have a chance of winning an award from me from your first year till you graduate. This includes course-specific awards, BGS of the department and BGS of the Faculty of Bus Admin. So guys, get to work. 2/

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@Simon_Obasi

Simon Obasi

1 year

@OpeBee @OpeBee Thanks for sharing your opinion. In order to assist your readers, could you pls answer the following: 1. How much was the total W&Ms as at 2015? 2. How much has been added to it since then? 3. Pls explain what it means to print money from an Economist’s perspective.

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@Simon_Obasi

Simon Obasi

1 month

Most people rarely think of a company's RoE when they buy stock. But some do. In fact, some have a rule not not buy any stock with less than 20% RoE (among other filters). A few months ago, I wrote here how I stumbled on the term "Dupont analysis" as a 3rd year undergrad. 1/

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@Simon_Obasi

Simon Obasi

2 months

One issue I sometimes have with corporate disclosures is how companies report exceptional income or cost without any rider or commentary about such. How do you declare other income so much larger than your core income without context to readers? When do we learn this?

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@Simon_Obasi

Simon Obasi

5 years

@BillGates Renewable energy has come to stay. It offers a safe and clean substitute to Orthodox energy sources. And @GLP_SunKing is at the forefront of granting power access to millions of the world's populace!!!

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@Simon_Obasi

Simon Obasi

2 months

@SycamoreNG I bought an old photocopying machine for N30K. After night jacking, I come back to run some copies for students. Also sold airtime. I bought at discount from other students and sold without top-up. So N100 was N100. I was cheaper and had a number of law students as customers.

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@Simon_Obasi

Simon Obasi

4 months

@FinPlanKaluAja1 I'm referring to a stock exchange. And that's absolutely correct. The plan to have one began just few years ago and the plan is to go live either this year or next.

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@Simon_Obasi

Simon Obasi

2 months

A new IFRS is here - IFRS 19! Yes, you heard me right. Just a few months ago, IFRS 18 was released to replace IAS 1. 1/

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@Simon_Obasi

Simon Obasi

4 years

@firsNigeria I have said this on countless times that the NIPOST Act only permits NIPOST to collect Postage Stamp and do courier! The FIRS Establishment Act 2007 empowers FIRS to administer the Stamp Duties Act! So I ask, under which Act is NIPOST empowered to do same? Ridiculous!

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@Simon_Obasi

Simon Obasi

4 months

A friend applauded CBN's announcement to raise MPR by 400bps. He is a finance guy and heads a finance team. Of course, theoretical economics tells us that one way to manage inflation is to raise rates. So this is theoretically correct But understanding the drivers is key. 1/

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@Simon_Obasi

Simon Obasi

4 years

Wao! We had made wrong choices that keep hunting us... IFC too has taken a stab on us! Now I understand the joke (abi na real story) where someone said Nigeria should be growing at 2 digits and a government official said, 'But we did 2.9%, is that not 2 digits?' Traumatic!

@asemota

Osaretin Victor Asemota

4 years

Remember that Fitch rating you guys said didn’t matter? Now coming back to haunt us.

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@Simon_Obasi

Simon Obasi

3 years

@yinkanubi @AyoOyalowo I just checked Sec 19 of BOFIA and noticed that the CBN retained 20% single obligor limit. This ought to be tightened further, especially to insiders... The waivers and insider activities in the banks are crazy. So this game has been the same for 8yrs... Ok ooo

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@Simon_Obasi

Simon Obasi

2 years

When I think of CBN’s new policy, I think of the small business men and women in my village who have to worry because the villagers don’t even know there’s such a policy and hardly do they know of ENaira and the nuances of e-banking. It’s a long walk, hopefully we get there soon

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@Simon_Obasi

Simon Obasi

2 years

@drpepple_ Dr, Your Dr colleague who happens to be the Minister of Labour said this doesn’t matter as there are enough Drs to cater for the needs of 200m Nigerians. Has he rescinded that statement? It’s sad that leadership is poor and you have bland men without empathy close to power.

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@Simon_Obasi

Simon Obasi

11 months

My financial reporting experts In what circumstances will revaluation gain/loss on foreign balances of trade finance loans and/or trade payables be recognized as COGS? Let me tag @hedrees_ayinde .

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@Simon_Obasi

Simon Obasi

4 years

@Eegor_ish @niggazoid @samoalfred It is in the most uncommon times that the true character of a person is revealed. Is this who she is? Maybe not her everyday personality, but a revelation of how she would respond on not so good day. Still, for a base message that dropped, you couldn’t have gone rogue liaidat!

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@Simon_Obasi

Simon Obasi

3 years

@GazetteNGR @yagbayaski Quite a very porous read/article. Your reporter could not quote even a single basis for such a ruling... Did your editor interrogate the article pre-publish? Abeg fleshen this and come back to educate... First to ho to town doesn't win gold!

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@Simon_Obasi

Simon Obasi

2 months

I hope this helps someone. I have worked and seen many CEOs whose nightmare is the income statements. I have ran several brush-up trainings for many. And in case you struggle, pls pick up a managerial accounting/finance course. Happy to assist if you reach out. 10/10.

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@Simon_Obasi

Simon Obasi

3 months

You will hardly hear anyone tell you that the term "gross margin" is an euphemism - a very mild way of saying something harsh. Imagine 2 businessmen. They bought an item for N40 and sell for N100 each. You reach both to ask why their price is high, and get the following: 1/

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@Simon_Obasi

Simon Obasi

5 months

@Big_sam8hty @manova_madeit Whoever the young man is, he needs to quit this kind of prank asap. This is a daylight (not subtle) promotion of cultism - the end message doesn’t cut it; just stop and find other themes.

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@Simon_Obasi

Simon Obasi

5 months

Some years ago when I was the FP&R manager of a competitor, I used to do a market comparison between our quarterly results and that of Vitafoam focused on revenue, gross margins and efficiency of assets. Today, Vitafoam released its Q1-24 result.

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@Simon_Obasi

Simon Obasi

2 years

@leramust @Morris_Monye Hypothetically, your doctor didn’t say you shouldn’t live, he only asked that your nostrils be blocked! Fair game, abi?

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@Simon_Obasi

Simon Obasi

11 months

@ooyeboade Maybe BUACement explains something worth noting that others failed to do - more loan exposure (local) in revenue currency than FX currency. So while others are reporting N50B plus FX losses, they ended at just N2.3B and improved performance! Here, I documented my thought…

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@Simon_Obasi

Simon Obasi

2 months

@mrlurvy I agree with all but the last. JJ ( @Omojuwa ) has invited forensics experts for this. Let's not over-examine @SirJarus . Will look like intimidation. On another note, this game shows that we need publicity everywhere to drive growth of our local league. More can be done.

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@Simon_Obasi

Simon Obasi

2 years

Thanks for having this discussion, @FinPlanKaluAja1 ! For those looking for the circular, it it is...

@FinPlanKaluAja1

Kalu Aja

@FinPlanKaluAja1

2 years

Join me in my Space!

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@Simon_Obasi

Simon Obasi

7 months

@SirJarus Just reading the comments and you’ll hardly see a name that measures with these exits. But some people aren’t getting the memo; they think it’s an easy ride to fill such voids by meee wishes. Reading P&G words will tell you the issue they are facing, and not them alone.

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@Simon_Obasi

Simon Obasi

2 months

Where are our banking experts? Oya, AFC is looking for you (found this on their LinkedIn page). Recruiting for Senior Analyst, Operations and Settlement. If you meet the requirements, pls send in your CV to careers @africafc .org (see attached). Wishing you the best.

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@Simon_Obasi

Simon Obasi

2 years

@OgbeniOmotayo @kingkored @Tunde_OD Could also mean endearment…like, I love your personality or what you do!

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@Simon_Obasi

Simon Obasi

2 years

It was interesting listening to the recording of the discussion organized by @ChetoManji on Stock Options. The following heavyweights were the guests… @adetolaov @iaboyeji @ido_sum @vested_africa Want to listen? Check here…

@ChetoManji

Manji Cheto

2 years

Thank you again to the amazing speakers at tonight’s Twitter Spaces discussion on “How Stock Options Work”. ⁦ @iaboyeji ⁩ ⁦ @ido_sum ⁩ ⁦ @vested_africa ⁩ and ⁦ @adetolaov ⁩. Here’s the link to the recording for those who didn’t make it.

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@Simon_Obasi

Simon Obasi

4 years

@chudy2003 Baba, somewhere else, someone brought this phone call argument; and I shuddered, not because of the number, but because this particular analysis is dumb and numb! You may ask why! Simple, this amount means about 50hrs call per day for a 24hr day for 3 yrs. So the question:

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@Simon_Obasi

Simon Obasi

3 years

@FinPlanKaluAja1 A youngman has already began... N100 to N1,000 a day... N700-N7,000 a week. It's called Statup Limited. They are barely 2 months old

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@Simon_Obasi

Simon Obasi

2 years

People diversify so as to minimize future regrets This is partly why you need another income source. Strive to be at a point where your passive income can foot your bills. Keep building!

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@Simon_Obasi

Simon Obasi

2 months

If you still wonder why people lose trust in each successive govt, think no further. It's embedded in an economics theory called Rational Expectations Theory. 1/

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@Simon_Obasi

Simon Obasi

1 month

Sometimes you don't need a crystal ball to know how things will pan out in Nigeria. Over 5 years ago, I wrote an article on Tekedia titled "Brace Up for the Days Ahead will be Rocky". 1/

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@Simon_Obasi

Simon Obasi

3 years

Tonight, I ran my first class on Affiliate Marketing with my friend, @caleb_nwanneka . We showed how #72IG is a lever for phenomenal growth, and how anyone can create wealth in a short time. I shared how I made N323K on month 1, and Caleb shared how he made N320K in 2 days!

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@Simon_Obasi

Simon Obasi

4 months

There's a company valued at N2.2B on the main board of @ngxgrp . It's called Austin Lazy & Company Plc. It trades at c.N2 per share. I've never heard of them before but found them on the corporate disclosure section of NGX. Company said it sells ice block machines & the likes 1/

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@Simon_Obasi

Simon Obasi

4 months

Yesterday on my random @ngxgrp search, I picked a company listed on the main board of NGX. The company trades at above N3 per share. It's called Ellah Lakes Plc. It operates in the agro-space. Guess what? For the past 5 years+, total income generated by this Plc is N70,000. 1/

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@Simon_Obasi

Simon Obasi

4 years

@rrslagos767 @Prince_Muyen Great job @rrslagos767 ! Who can develop an app that tracks offenders for @rrslagos767 ? That will enable them know perpetual violators and first time offenders! I think both classes should be treated differently.

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@Simon_Obasi

Simon Obasi

2 months

Sometimes we forget the place of scale in pricing. A company may reduce their price and still deliver higher gross margin. Why? One reason is scale. The more you scale, the less the cost per unit as your (fixed) overhead cost gets apportioned to more units. 1/

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@Simon_Obasi

Simon Obasi

2 months

@OpeBee @OpeBee Is there really anyone in this government that's managing communication of govt policies to the people? That person has loads of work to do.

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@Simon_Obasi

Simon Obasi

3 months

Guys I was reached by a talent manager of a group of companies. They need senior finance persons across their group including a listed company. Requirements: 1/

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@Simon_Obasi

Simon Obasi

4 months

There’s a material difference between a stock trader and an investor. Traders are price-fixated. Any upward movement means ‘costly’. Investors look at value. Buffett acknowledges how important RoE is. Buying discounted companies isn’t about current price but more. 1/

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@Simon_Obasi

Simon Obasi

2 years

@DavidIAdeleke Name change wasn’t a choice… New investors (PiggyTech) acquired Abeg for strategic reasons. Abeg is no more Abeg ooo we knew on BBN. Pocket is now a licensed Mobile Money (Momo) operator, joining the likes of MTN MoMo in this new game. It recently got CBN’s approval for MoMo.

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@Simon_Obasi

Simon Obasi

2 months

Accountants in the house: Given the choice of FIFO and LIFO, why would a company choose LIFO ahead of FIFO? Do you know? Tell us.

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@Simon_Obasi

Simon Obasi

4 years

@DrCOmole @mestarife It's been about 4 yrs since that audit. Unless the report thrown to the dustbin, I would expect that these gaps would be closed. Are we saying that hasn't happened? That's when it is an issue. System audits are done to identify & close gaps. If still open, then heads should roll

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@Simon_Obasi

Simon Obasi

11 months

@hedrees_ayinde Lord Taiwo is a giant, no doubt. Regarding appointing 3 partners for his role, those roles are largely based on the firms hierarchy/seniority. In other words, there are more senior persons across the other countries/regions than the new Nigerian Tax leader. T na real boss!

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@Simon_Obasi

Simon Obasi

2 months

Bill and Hold Arrangement - What is it? How often have you heard that term? It's an accounting/commercial term. Probably you have not. But you are not alone - most accountants haven't either as it is not an everyday term. But it is something you may know. Let's explain it. 1/

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@Simon_Obasi

Simon Obasi

4 years

@asemota Seyi Bickerstet of KPMGNig did 38 years from 1978-2016! Same company for that long!

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@Simon_Obasi

Simon Obasi

3 months

For over a decade now, I have had the same tagline on one of my emails signatures. It reads: "Learn to work harder on yourself than you do in your job; if you work harder on your job, you will make a living; if you work harder on yourself, you will make a fortune"." Agree?

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@Simon_Obasi

Simon Obasi

5 years

Lekki-Ikoyi Toll rate hikes by 100% come Jan 2020! Dear Gov. @jidesanwoolu sir, LCC said they are raising this because of your THEME policy, could that be true? Sorry ooo, how will deploying technology become costlier than labour-intensive process? This is not good for all!!!

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@Simon_Obasi

Simon Obasi

11 months

@SirJarus Ah! Well, ok - good to focus and also deal with public concern around conflict . I recall when Akinyemi Ashade left KPMG to join LASG. Same for Dapo Okubadejo (still with OGSG). Wishing Lord Taiwo the very best!

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@Simon_Obasi

Simon Obasi

4 months

@Copywriting_Dad Your first line on this thread is incorrect and misleading. Granted people need to invest, but invest what? Sometimes we forget what savings means - having part of your earnings unspent (leftover). In essence, you don't invest without saving. Encourage people to save and invest

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@Simon_Obasi

Simon Obasi

2 months

But if you understand it, have a good review process, and ensure that you don't wait until end of month to rush it, you will be clean most of the time People, did you benefit from this? Did you enjoy it? What has been your experience? Can others learn from you? Pls share 17/17

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@Simon_Obasi

Simon Obasi

2 years

@asemota @SaintTempestina The Big Chief sir, I always love the stories from your uncle. Now, you have become my own uncle. I’ll soon start telling ‘The Stories from my Uncle’. Would be a nice series though!

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@Simon_Obasi

Simon Obasi

3 years

@firstladyship The new NBS boss said he expects Nigeria’s GDP to continue to grow at 5%. I didn’t know what else to expect when he said that. But, just expect fantastic figures going forward. You’ll hear that some methodologies have been changed to reflect current realities. We’re here!

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@Simon_Obasi

Simon Obasi

2 months

Insider trading isn't only when you personally use insider information. It also includes when you reveal such information to another person. When you make an improper disclosure, that may lead to market manipulation/market abuse. 1/

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@Simon_Obasi

Simon Obasi

3 years

@TamiloreAdewuyi We have never spoken before, but I’ve been quiet in the mastery Group seeing how you consistently shatter ceilings. Thanks for the courage you give many of us. @infomichaelniyi is a true king, and you are a deserving prince on this street!

@TamiloreAdewuyi

Adewuyi Tamilore

@TamiloreAdewuyi

3 years

$TAM/CPA new All Time High. 💃🏾💃🏾💃🏾 Thanks to @infomichaelniyi for always supporting me.

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@Simon_Obasi

Simon Obasi

2 years

Corporation tax is at 19% in the UK and 21% in US. In Nigeria, it is 30% plus 2.5% (save for micro-entities). But max personal income taxes rates there are 45% and 37% respectively. Why will these top tier countries choose to race individuals more than the companies? 1/

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@Simon_Obasi

Simon Obasi

16 days

Sometimes, it's better to ask a question among colleagues than to just tell the answers. Questions make people think and as a result of the thinking rigours, strengthens what they know, and when incorrect, helps shed light on what they thought was correct.

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@Simon_Obasi

Simon Obasi

6 months

@SirJarus @NaijaFlyingDr Blackrock is not just one of the biggest but the largest asset manager in the world with nearly $10 trillion asset under management. It is larger than large, the assets the company manages is nearly half the size of US economy. Gives more in route into infra and alt-tive asstes

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@Simon_Obasi

Simon Obasi

5 years

@mosimiloluwa @mrstephendeng "Motive!" One offers incentive to buy, the other offers incentive to change! When you change behaviour, it becomes easy to keep buying!!!

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@Simon_Obasi

Simon Obasi

11 months

@fimiletoks Let me start with your final point that FGCs are for the upper echelon. I’m not sure where you got that. This doesn’t come close to truism. I attended FGC as the top candidate from my LGA, a very rural one indeed. I have never been smart like most of you, but 523/600 did it. 2/

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@Simon_Obasi

Simon Obasi

2 years

@the_davidatta @Quayex Good insight, Uncle Dave. Great projects, I’ll say. But what does statistics say? Niger actually exports rice to Nigeria, not the other way. Niger isn’t our target market for oil too. Pls see the attached.

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@Simon_Obasi

Simon Obasi

2 years

@Teejay_A Opportunity to encourage use of E-Naira… Recall tha CBN Gov recently reviewed progress there on this week; and shows low adoption-700k transactions in 1 yr is too small. Expecting new denomination? Maybe a 5K is the surprise!

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@Simon_Obasi

Simon Obasi

1 month

If you are a very experienced ACA from the Big 4 and happy to join a young company that is making lasting impact to the world, this could be for you. I'm happy to recommend you. All you need is to drop your LinkedIn ID in my DM and I will take a look. @SirJarus @NudgeTM 3/3.

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