Global Finance Tea and Trends!

What investments did you miss this week?

Let me start conventionally by saying Hellooooooo, How are we doing? I care about you not just your finances. I have finally themed our Wednesday, it will be “God and your finances”, or “What does the Bible say about your finances”, I have the idea for next Wednesday. Let’s get right into the teas,

1. FGN Sukuk Bond Purchase: Did you buy?

   

   Well, I didn’t either—funds weren’t available at the time. But guess what? Because of the nature of the bond (long-term and very profitable), the DMO recorded an unprecedented subscription level of over ₦2.21 trillion that’s a 735% oversubscription!

   Now, what does that tell you? It means you should listen to me! If people can invest over 2 trillion, it clearly shows how profitable it is. Again, I’m proud, I no fit hide am. Read full story here sha

2. 🚨 New Ponzi scheme alert! Don’t fall victim, I repeat, do not fall victim!

   This one is called Silverkuun Investment Cooperative. Now, maybe it’s not technically a Ponzi scheme, but the SEC has officially named them an illegal operator. That means if you put your money there and don’t get it back, you were warned. And if you take a loan from them and they start calling your family members, haters, and friends—don’t blame anybody. You saw the signs. Read full story. Well I say again don’t,

   

3. Yesterday, Tinubu was seeking approval to borrow $21.5 billion in foreign loans.

   

   From glory to glory? No, this is from debt to more debt in Nigeria.

   Guys, he’s borrowing from China and the UK. What’s really painful is that half of these borrowings can’t even be traced. And let’s not forget o, it’s not in Naira, it’s in Dollars. Not millions… billions. 😩 cries in economic uncertainty.

4. Remember how I noted that a resident of USA said they didn’t want to be associated with Elon Musk because he was supporting Trump, hence the decline in his business.

   

   Well, this week, Elon Musk announced he's stepping down from his role in the Trump administration. He had been leading the Department of Government Efficiency (DOGE) as a special government employee after his 130-day tenure. This according to Economic Times ‘Musk's departure comes after he publicly criticized a major tax-and-spending bill passed by the Republican-controlled House, expressing concerns that it increased federal spending and contradicted his mission’ . Read full story here

5. Trump says no more foreigners in Harvard—lol. Now, you might ask, how is this financial news? Well, I’m just really curious why this is even a thing.

   Everyone’s talking about limited access to education, and rightly so. But think about what this move actually does to Harvard—it kills diversity, kills global perspectives, and honestly, it affects them more than it affects us.

   Less cultural exchange, fewer international talents, and guess what? That kind of exclusivity can hurt their academic reputation and even funding in the long run.

   So yeah—it’s not just an education issue, it’s a financial one too.

6. Finally, MPR remains the same. No increments, no reduction. 27.5%, Govt reserve, same too. For further information, read here, I’m tired of you people’s country.

   Alright, bye!

   Thank you for reading,

   See you on Monday, please tell your friends about me, I’m emerging!