Navigating personal finance as a young person in 🇳🇬 can feel tough. Balancing high living costs with long-term goals is tricky but possible

Good morning 😁

🚨🪑 Bruno Fernandes, sent back to the bench after warming up in the second half. “Pure football decision”, said Carrick before the game when asked about Bruno on the bench.

Litigation could make you lose your spark and never find it again. 😪

I’d be so pissed if they sacked Amorim; it wi be the same cycle all over again. No one does a rebuild by randomly changing managers, we have been doing that for years and shit has been the same. Amorim is 5th, look at our bench, we have ass players like Dalot, Ugarte, Sesko.

Buongiorno, Reds 👋 It's a #UCL matchday in Italy! 🇮🇹

how can we save this guy 😫😫

ICAN, CFA, ACCA, CIS, CITN, CIA, MBA, FMVA, CMA,FRM, CISA, PMP, PRM, CIBN... Depending on your area of specialization, you need one or two of these.

Which sleeping position is your favourite?🥹🥹

A lot to unpack here. The FG did grow revenue by more than 100% to ₦6.2trn (from ₦3.6trn). The increase came from higher oil receipts and stronger tax collections. But interest payments on debt stood at ₦7.7trn, therefore, gulping the entire revenue generated. The FG spent ₦16.1trn. This means that, aside from interest payments on debt, the FG spent ₦8.4trn on other activities (i.e., recurring and capex). Of the ₦8.4trn allocated to other activities, ₦700bn went to capital expenditure, while the rest went to recurrent expenditure (including payrolls and overheads). In effect, fresh borrowings of ₦7.7trn were spent on recurrent expenditure. If I wanted to be “mischievous”, I’d have said ₦7.7trn was borrowed to pay salaries (which is not false, by the way). But I won’t do that. That’s not my objective. So in summary, the government is fetching water into a “basket”. The harder they work to “make things happen”, the more the ghost of the past haunts. And from the looks of things, this may be the best the FG can do. But the jury is out.