Ready to look beyond equity trading? Join us tomorrow for Day 3 of the NSE 2026 Investor Week! 📊
Our expert panel will share insights on Alternative Investments including REITs, ETFs, Derivatives, and Bonds to help you diversify your portfolio effectively.
🗓 Date: Wednesday, 7th October 2026
⏰ Time: 9:30 AM – 10:30 AM EAT
📺 Platform: Live on YouTube
Don't miss this opportunity to refine your investment strategy!
Ronny Chokaa retweeted
In 2008, Femi Otedola controlled 93% of Nigeria’s diesel market.
He placed a $500 million order for one million tons of diesel when crude oil was at $147 per barrel.
While his diesel was still on the high seas, three things happened at once:
1. Oil prices crashed from $146 to $34
2. Naira was devalued from N120/$ to N167/$
3. The 2008 stock market crash hit
When the dust settled:
→ $480 million lost to oil price crash
→ $258 million lost to naira devaluation
→ $320 million lost to skyrocketing interest
→ $160 million lost to the stock crash
Total: $1.218 billion in debt.
The same banks that once sent “elegant ladies” to court him for deposits started sending hefty, barrel-chested men to his Ikoyi home at dawn.
He surrendered 184 flats. Filling stations. Tank farms in Apapa. A Bombardier private jet.
Today he chairs FBN Holdings. The man who lost it all built it all back.
Disaster turned into a comeback story.
Ronny Chokaa retweeted
I can sit at a table with global leaders and still remain fully African, fully critical, and fully myself. Presence is not submission.
Ronny Chokaa retweeted
My daughter’s lemonade stand was struggling, so we pivoted to AI compute.
She’s been acquired by Microsoft for $1.2 billion.
Ronny Chokaa retweeted
Dangote is finally winning
It’s “highly profitable,” said Alan Gelder, VP Wood Mackenzie. He assessed the facility’s gross margin was over $30 a barrel based on crude and product pricing for early April, compared with about $15 for refineries in Europe.
Ronny Chokaa retweeted
“mom how did we get so rich?”
“we pivoted from footwear to an ai infrastructure company”
1/
Three counterintuitive findings from Kenya’s macro data analyzed 🧵
📈 GDP growth is highly persistent
📈 Higher policy rates correlate with higher short-run growth
📊 Growth is strongest in moderate inflation regimes
Here’s why this makes sense 👇
4/
Third: growth peaks in mid-inflation regimes.
Not ultra-low inflation. Not high inflation.
Moderate, predictable inflation often coincides with:
• Stronger nominal income growth
• Healthier pricing power
• Manageable debt dynamics
Stability ≠ minimal inflation.
Ronny Chokaa retweeted
🎙 | Join us on #MwangoSpaces today at 8 PM EAT as we break down the H1 2025 results of Kenyan banks.
Guest:
— Ronny Chokaa [@RonnyChokaa], Analyst
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