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. 

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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 you the tea.

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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 deposits in 2024, breaking down the numbers and the controversies. From regional financial glow-ups to crypto 

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Musa's X (twitter) account : ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠themusaobed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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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 adherence to medical guidelines, and poor maternal and neonatal care.

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Musa's X (twitter) account : ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠themusaobed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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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 2025.

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⁠https://microdata.nigerianstat.gov.ng/index.php/catalog/154⁠

Musa discusses Nigeria’s external reserves rising to $40.2 billion in November 2024, driven by a surge in Foreign Portfolio Inflows (FPIs), while highlighting the need for more stable Foreign Direct Investments (FDIs). Jones then explores black tax, using the story of “George,” a software engineer balancing family support with financial independence, emphasizing the importance of finding a personal and financial balance.

https://proshare.co/articles/fpis-drive-external-reserves-to-us40.2bn-in-november-2024?menu=Economy&classification=Read&category=Nigeria%20Economy

Egorp/Drounz news

Nigeria’s VAT sharing formula is under scrutiny, and the Renewed Cardinal Restoration Group (RKRG) isn’t holding back. In this episode of The Union Jew, breaks down the group’s concerns about the 2024 tax reform bills. From regional disparities and socio-economic challenges to constitutional frameworks and proposed solutions,

Source: https://proshare.co/articles/2024-nigeria-tax-reform-bills-renewed-kaduna-restoration-group-calls-for-comprehensive-review-process-that-considers-regional-disparities?menu=Economy&classification=Read&category=Taxes%20%26%20Tariffs
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Google’s Willow chip can solve in 5 minutes what supercomputers need 10 septillion years for. Mind-blown yet? We’re breaking down how quantum computing works, why it’s a game-changer for energy, medicine, and more, and why Willow still has a long way to go.

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⁠https://www.bbc.com/news/articles/c791ng0zvl3o⁠

In this episode, Moniepoint and OPay were hit with ₦1 billion in fines. OPay says, “Fake news!” We break down the CBN’s crackdown on fintech giants, licensing drama, and KYC woes. Source: TechCabal.

https://techcabal.com/2024/12/10/cbn-fines-moniepoint-and-opay

In this episode, we compare Apple Intelligence and Google Gemini, exploring their performance, privacy, and integration. Plus, a breakdown of Nigeria’s Q3 2024 GDP, highlighting key sectors driving growth. Stay tuned for insights on tech and economics!

Source:

https://nairametrics.com/2024/12/07/32-states-in-nigeria-record-zero-foreign-investments-in-2024/

https://www.techloy.com/apple-intelligence-vs-gemini-the-ultimate-ai-showdown/

Microsoft is ahead of Apple in going passwordless with tools like Windows Hello, FIDO2 keys, and authenticator apps—making logins faster and safer. Still, there are flaws like device limits and hacking risks.

Meanwhile, Nigeria’s Senate approved Tinubu’s $2.2B loan plan, led by Senator Wamakko. The funds aim to boost infrastructure and jobs, but debt concerns linger.

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Musa's X (twitter) account : ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠themusaobed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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