The Evening Dew

In this episose, Musa explored the NBS’s updated economic weights and how they’ve reshaped the November 2024 inflation figures. Learn what this means for Nigeria’s economy in this quick breakdown based on Nairametrics' report. Sources: We recomputed November 2024 inflation using the new rebasing and this was the result - Nairametrics David Twitter Account: @D_rounz Extra Links : ⁠⁠⁠https://wha...

In this episode, David takes on the TikTok ban in the U.S., breaking down the legal battles, workarounds like VPNs, and the rise of alternative platforms, while, Musa dives into the data, its implications for citizens, and potential policy solutions, with insights sourced from the National Bureau of Statistics. Sources: TikTok goes dark in the United States — but here's how to access it Consum...

On the tech sector of today's TED episode, Drounz gives a rundown of how Billionaire, Adebayo Ogunlesi joins forces with OpenAi Board and in the business sector Musa enlightens us on the latest Nigeria's Economic report on the decline of the E- Naira. Sources: Adebayo Ogunlesi joins OpenAI Board of Directors - Nairametrics eNaira value declined to N18.32 billion in September 2024 – CBN - N...

In this episode, Musa explores the key concepts from The Economist 's article on how capitalism can drive Africa's economic transformation. Musa discusses the potential of market-driven reforms, the importance of entrepreneurship, and the need for good governance to unlock Africa’s growth potential Sources: The capitalist revolution Africa needs David Twitter Account: @D_rounz Extra Links...

On today's episode of The Evening Dew Amazon Web Service changes the method of payment for services by African companies to Naira instead of the usual USD which seems like a good thing but drounz has his reservations. Meanwhile on the business sector Musa dives into CBN's recent actions of fining banks for not making cash available at ATM machines during the holiday period. Sources: Amazon Web Ser...

On this episode, Drounz talks about the Consumer Electronic Show which is a major trade show and all the interesting devices that were displayed, promoted and advertised at the event, while Musa highlights how the NESG-Stanbic IBTC Business Confidence Monitor (BCM) report predicts an improvement and growth of the Nigerian economy this year  Sources: ⁠ The most intriguing tech products from CES 202...

On today's episode of the Evening Dew, Drounz on the tech sector gives a rundown on the bankruptcy situation of the Gokada company, and on the business news, Musa gives a rundown on the rise of Nigerian real estate and how it is climbing ladders in the business world Sources: Logistics startup Gokada filed for Chapter 11 bankruptcy protection in 2024 Real estate overtakes oil & gas as Nigeria’...

In todays episode, Africa loses approximately $1.6 billion daily to illicit financial flows, including corruption and profit shifting by multinational corporations. In Nigeria, telecommunications firm 9mobile has announced plans to invest $3 billion over the next four years to enhance and expand its operations. Sources: ⁠ 9mobile's $3 billion recovery plan for the next 4 years Africa loses $1.6bn...

In this episode, we explore how Getty Images and Shutterstock’s $3.7 billion merger is reshaping creativity and the global economy through AI innovation. We also dive into Trump’s impact on Nigeria, analyzing the effects of his "America First" policies on trade, immigration, and Nigeria’s future. Sources: Getty Images and Shutterstock merge in $3.7 billion deal to embrace AI-driven future ⁠⁠⁠⁠⁠ ⁠⁠...

In this episode, first we dive into the drama at Telegram—arrests, privacy policies flipped on their head, and cybercriminals looking for a new clubhouse. Then, we lighten up with Nollywood’s record-breaking 2024. Musa breaks down the numbers, top stars, cultural impact, and why Nigerian cinema is going global. Sources: ⁠⁠⁠ ⁠ Meet the lead actors/actresses of Nollywood's highest grossing films in...

Today, we explore a groundbreaking wearable that checks glucose without needles (satellite tech meets diabetes!) and unpack the drama around Nigeria’s proposed 100% telecom tariff hike. Tech, tariffs, and a bit of spice—don’t miss it! Sources: ⁠ No more needles! Tracking blood sugar on your wrist | Waterloo News Tariff hike: Telecom operators propose 100% increase David Twitter Account: @D_rounz E...

In this episode we connect riddles to AI, explaining how AI struggles with solving riddles due to reliance on context, cultural nuances, and double meanings, which it cannot easily grasp.  Also shares a tech-related story about GT Bank’s recovery of 1.9 billion Naira mistakenly credited to accounts during a migration to a new banking platform. Which  highlights the importance of technology upgrade...

Smart speakers that actually get smart? In today’s episode, we break down MATTER, the tech looking to unite your gadgets into one happy family—no more “Apple vs. Google” drama. Nigeria’s oil and gas sector crushed 2024 with a 160% gain, break down of how subsidy cuts, naira devaluation, and big players like Corn Oil (361% up!) drove the boom—and what it means for the economy. Sources: Matter speak...

In this episode, we're spotlighting Africa's fintech game-changers for 2025. From innovative credit cards and contactless payments to robust cross-border infrastructure and secure escrow services, these startups are solving big problems and shaping the future. We’ll also touch on the New Withholding Tax, a critical update for fintech companies engaging in cross-border transactions. With new tax ra...

Starlink has increased its monthly subscription prices, citing rising operational costs and the need to enhance global coverage and service quality. Meanwhile, Nigerians completed over ₦5.63 billion in online transactions in 2024, a 25% jump from 2023, reflecting the growing adoption of digital payments. Cheque usage, however, continues to decline, signaling a shift toward more efficient payment m...

On this episode of The Evening Dew, Drone and Musa take you through 2024’s tech highlights—from billion-dollar valuations to AI breakthroughs, controversial moves by Binance and Twitter, and Africa’s tech rise. Plus, we dive into Nigeria’s mining reboot in Zamfara and what it means for jobs, the economy, and your next smartphone Sources Nigeria resumes mining in Zamfara state on improved security...

In this episode of The Evening Dew, Musa  dives into the world of angel investing in Africa, guided by insights from the ABAN report (African Business Angel Network, led by Tommy Davis—yes, that Tommy Davis). From $25k “cautious” checks to the rise of collaborative angel syndicates, we unpack the trends, challenges, and wild potential of African startups. Whether you’re a budding entrepreneur, a c...

On this episode of The Evening Dew, we’re tackling two very different but equally important stories: Musa breaks down Nigeria’s proposed 2025 budget, a financial plan loaded with big promises, ambitious projects, and of course a few eyebrow-raising allocations. Will it deliver the economic magic Nigerians hope for, or are we looking at another fiscal headache? Egorp... explores how AI is moving in...

Bruhhh On today’s The Evening Dew … we bring you two stories perfect for this holiday season! Musa dives into Shell’s Big Bet , where the energy giant is making moves that could reshape its future. What’s Shell up to now, and is this a bold move or a cautious pivot? Either way, there’s a lot at stake in the global energy game. Egorp takes us on a small nostalgic ride with Spotify Wrapped , the ann...

Soooo On this episode of The Evening Dew … Musa gives us the lowdown on Nigeria’s red-hot capital market , which is out here flexing a 39.84% gain in 2024 and making international investors swoon. Will this be the start of Nigeria’s financial glow-up, or just another bubble waiting to pop? Spoiler: BUA Cement and foreign investments are doing some heavy lifting. Egorp dives into PBR Life Sciences...

On this episode of The Evening Dew , we’re exploring two big stories, Musa takes us through Nigeria’s Next Oil boom , with the country planning a 2025 bid round to auction undeveloped oil and gas blocks. Egorp dives into the discontinuation of Apple’s iPhone 14 and iPhone SE in Europe, thanks to the EU’s USB-C rule they set.  Source Links: Nigeria’s Next Oil Jackpot : S&P Global Insights Reute...

In this episode of The Evening Dew, Drounzs and Musa dive into the unexpected: Apple working on a foldable tablet-phone hybrid. Will it be the ultimate flex or just another pricey gadget? Plus, we break down the 2024 salary structure of Nigerian bankers, thanks to data from TechKabal. From Union Bank’s baller executive trainee paychecks to First Bank’s modest assistant manager salaries, we give yo...

Naira and Chill ohh On this episode of The Evening Dew, we unpack how African investors flexed their financial muscles, contributing a cool 22.76% of Nigeria’s foreign capital in Q3 2024. From regional bromance to big money moves, we explore what this means for Nigeria’s economy and why the rest of the world should probably start taking notes. Egorp dives into Binance’s jaw-dropping $23 billion de...

This episode covers two major topics: the recent CBN fine on banks for selling mint notes to currency hawkers and insights from the 2023 National Health Survey (NHFS). He discusses how CBN’s crackdown on mint note sales aims to curb the cash crisis, which continues to impact the economy. Meanwhile, the NHFS highlights key health concerns in Nigeria, including low diagnostic accuracy, inadequate ad...

Nigeria’s November 2024 inflation report. Headline inflation rose to 34.60%, a 0.72% increase from October, with food inflation hitting 39.93%, driven by rising prices of staples like yam, rice, and maize. Urban areas faced higher inflation (37.10%) compared to rural areas (32.27%). Highlights the challenges facing the Central Bank’s efforts to curb it and predicts tighter monetary policies in 202...