In today’s episode, David talks about Africa’s rapidly growing electric vehicle (EV) market and how it’s outpacing predictions. With NEV companies generating $18 million in revenue, what’s driving this boom, and can Africa sustain this momentum?

Meanwhile, Musa explores "The Debt Dilemma"—with personal loans in Nigeria hitting ₦3.3 trillion as of November 2024. What does this mean for the economy? Are individuals and businesses at risk of financial instability?

Sources:

• NEV Electric hits $14 million revenue as Nigeria's EV market gains momentum
• Personal loans rose to N3.3tn in November – CBN – Punch Newspapers

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠

In this episode of The Evening Dew, David dives into OpenAI’s decision to skip GPT-4.03 and go straight to GPT-5, a more advanced AI system with dynamic intelligence, voice integration, and improved fact-checking. Before that, GPT-4.5 (Orion) will launch, prioritizing speed over deep reasoning.

Meanwhile, Musa explores Nigeria’s proposed tax reform, which exempts 97% of the informal sector to boost small businesses, create jobs, and lower consumer prices.

Sources:

• OpenAI has cancelled o3—here’s why that’s a big deal
• Oloyede: 97% of Informal Sector Exempted from Paying Tax in New Bill | THISDAYLIVE

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠ 

In this episode, MUSA breaks down the latest figures on Nigeria’s forex inflows, revealing a $4.74 billion surge into NAFEM in January. What’s fueling this increase? How does it impact businesses, investors, and the economy? Sources:

• Forex inflows into NAFEM rose to $4.74bn in January –FMDQ

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠

Nigeria’s oil production has faced significant challenges over the past five years, yet the country managed to produce 2.86 billion barrels between 2020 and 2024. In this episode, Musa breaks down the factors behind the decline, including oil theft, aging infrastructure, and global energy shifts, while also exploring how fluctuating oil prices have impacted the economy.

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠

In today's episode, David dives into Lagos' partnership with Huawei to enhance traffic management using AI, tackling congestion and road safety while raising concerns about data privacy and system sustainability.

Musa explores MoFI’s ₦100 billion real estate fund, part of a ₦1 trillion initiative to ease Nigeria’s housing deficit through lower mortgage rates and extended repayment terms. He weighs its economic benefits against challenges like investor confidence and transparency.

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠

On today’s Episode, David dives into the launch of CNGN, a Naira-pegged stablecoin promising financial inclusion and faster transactions but facing competition, trust issues, and regulatory hurdles.

Meanwhile, Musa explores the legal clash between Dangote Refinery and NMDPRA over import licenses—Dangote pushes for restrictions to protect local refining, while regulators warn of monopolies. The outcome could reshape Nigeria’s fuel market.

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠

On today’s episode, David dives into the rapidly evolving AI landscape, breaking down Google’s launch of Gemini 2.0. With Pro, Flash, and Flash Lite versions, Google is pushing for enhanced multimodal capabilities, improved speed, and competitive pricing—intensifying the AI rivalry with OpenAI and DeepSeek.

Meanwhile, Musa explores a major milestone for Nigeria’s economy: the Dangote Refinery’s first export of refined petroleum to Saudi Arabia. This achievement positions Nigeria as a potential oil exporter, promising job creation, stabilized fuel prices, and increased foreign exchange earnings, though regulatory hurdles and concerns over Dangote’s market dominance remain.

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠

In today’s episode, David breaks down Stripe’s $1.1B acquisition of Breach, a stablecoin payment platform, and its impact on global payments. Musa covers the resignation of Bento CEO Ebun Okubanjo amid financial misconduct allegations, highlighting corporate governance concerns in Nigeria’s startup scene.

Sources:

• Stripe completes a $1.1 billion acquisition of crypto platform Bridge
• Bento CEO Ebun Okubanjo resigns, amid EFCC, LIRS probe; gives up equity
• Bento CEO’s abrupt resignation surprised Investors, raising governance issues

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠

In this episode, David explores the Tech for Pride fellowship, which trains queer Nigerians in tech within a supportive space, tackling industry biases. While the program successfully places graduates, he questions whether it boosts Nigeria’s economy or drives talent migration.

Musa analyzes the Nigerian stock market’s 283.45% growth since 2019, fueled by foreign investment, Naira depreciation, and strong policies. He highlights its role as an inflation hedge and urges strategic investing with informed decision-making.

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠

On today's episode, David dives into Nigeria's evolving remote work landscape, examining the challenges of infrastructure gaps, internet reliability, and workplace culture. He explores why hybrid work is becoming the norm and how app overload is impacting productivity.

Musa dives into the Central Bank of Nigeria’s clearance of a $7 billion forex backlog, breaking down its implications for businesses, investors, and the economy. He discusses how this move could stabilize the forex market, improve investor confidence, and potentially reduce inflation.

David Twitter Account: @D_rounz

AI transcription and podcast creation: https://pllugg.com/

Extra Links :

⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        

⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠