Posts

SCRAMBLE FOR AFRICA

Image
Africa, one seen by europe as the heart of darkness, anti-civilization. It makes news for it's conflicts and poverty. For a long time, the world saw Africa as a lost cause, then one country saw opportunity and this began a new race for Africa. Not so different from the scramble of the 19th century where colonial britain and france draw raw materials, slaves and geo-political influence. Now in the 21st century, Global powers are more or less in the same race for Africa. USA, European Union, India, China, Japan, Israel, Canada are all in the race for Africa and one country (China) is emerging as the clear winner. Africa, the continent of 54 sovereign states, 17% of the world's population, 9.6% of the global oil output, 90% of the world's plantinum supply, 90% of the world's cobalt supply, half of the world Gold supply, 2/3 of the world's manganese, 35% of the world's Uranium, 75% of the world's cottan and 54 votes in United Nations General Assembly. This is wh

Ways I wish to make my annual income my monthly income, weekly and daily income

Image
So many time I've always wondered how would it be if what I earn yearly becomes what I earn monthly, then weekly and eventually daily. I think it's possible for me to have that if I follow the steps below 1. Increase my financial IQ: Many people believe that for you to have more money, you have to work hard or to be lucky or from a wealthy family. Well, I've seen so many people who work hard and are still poor, won lottery and spent all finished and a lot from a wealthy family who still became poor. Little do they know financial IQ is a must have for one to still retain wealth and earn six figures monthly. I've made research and I've found out that it's very possible for me to earn dialy what I earn yearly if only I increase my financial IQ. I've dedicated myself on learning about money from people who have created wealth before. They all have enormous knowledge on Enterpreneurship Investment Stock Leverage  Liability Debt Asset Tax These are t

HOW RICH IS QUEEN ELIZABETH

Image
Royal weddings like Harry and Meghan markle are expensive. The last Royal weddings for Prince  William and Kate middleton cost is estimated to be at $34 million and that's low compared to the cost of prince Charles and princess Diana wedding which is predicted to be at $150 million in today's Dollars. You have to be very rich to foot bill this big. So, how rich is the royal family. The personal finances of British Royal family are kept very private but let's try to break it down. What we do know is that Queen Elizabeth || is the wealthiest member of the Royal family. Forbes estimated her personal networth at around $530 million. That a lot but not enough to put her on the list of World Richest People. So, where does the Queen's money come from? It's all complicated but it can be traced back to three main sources. 1. Personal wealth and income: This includes asset from the Queen's portfolio's, private estates in Scotland and English countries, private je

Difference between the International Monetary Fund (IMF) and World Bank

Image
The IMF and world bank are institutions that help in global economic crisis, helps in poverty alleviation and provide funds for development of social amenities. These two institutions are so closely link that both of them have their headquarters are close to each other across the street at Washington. But here are the differences between them.   What's Difference between IMF and World Bank? It all started at a hotel in new himpshow in July 1944 where 44 countries gathered for bretton wood conference. The goal of the conference was to agree on a new frame work for the international monetary system which is the rules and institutions which keeps the global economy running smoothly. After the world war II, most people agreed that the old system had failed, After 3 weeks of negotiation at bretton woods, especially between John Maynard keyes who was representing the United kingdom and Harry Dexter Whites, the US Treasury representative, an agreement was reached. The agreement crea

HOW NIGERIA ALLOWS CANADA TO STEAL ITS FUTURE

Image
Canada is ‘stealing’ our young people! Yes, Canada is not just taking our young people, they are taking the fattest of our crops, the best, the brightest, and the brainiest! One of them is my friend, Olufemi, (not real name). He graduated top of his class and best in the entire university! Nine years after graduation, he got married to his equally cerebral lawyer wife, and they both had fairly paying jobs that admitted them into the struggling middle class in Nigeria. A year after marriage, Olufemi,  disillusioned by the state of his family’s finances, the  situation in the country and the underutilisation of his skills, and intellect at his place of work, sold all his assets and relocated his young family to Canada! Femi’s story is not unique, almost every young  Nigerian professional  who is not in the process of immigrating to Canada, knows a friend, family or colleague who  has relocated or is  in the process of relocating. The situation is alarming, almost like the biblical