May-August 2005

Greetings. I promised to write occasional summaries/letters. I'll use this space, then, to highlight a few threads that a new user may use to sample the site.
1. Concepts in finance, notably Shola's post on corporate finance and Ogo on how to invest.
2. The people on Money Talk (write about yourself here, and see here), and some of their thoughts on money.
3. News about Nigeria's debt relief, and an independent power plant.
4. Economic Development (let's keep the discussion going), and a movie showcasing African entrepreneural life.
5. Stock mania: Google, the Nigerian Stock Exchange, and Jim Cramer the maniac.
6. Plus links on etiquette, Lagos for tourists, Iraq banking; announced my car for sale.
That's what we've talked about in less than three months. Sweet! Thanks to all. Let's keep talking.
Peace. Tosin.

Additional announcements:
If you'll like to have a link to your site included, please let me know, and please post or email me feedback about the format or usability or content.
Finally, I know we're here to "...get and share ideas and support on money, career, business, and economic development" but permit me to link for your enjoyment a purely abstract essay on globalization (Adedayo! and I have been emailing about language and language conservation recently; this essay is related.)

The Love of Hip Hop

My favorite moment in "South Park: Bigger, Longer, Uncut" this black chef in the army says "Have you ever heard of the Emancipation Proclamation?", and the General snaps back "err, I don't listen to Hip Hop."
I love it. I love it. Anyway, I don't listen to hip hop. For the most part. But I think these people are at least entertaining. Forgive me if you hate the site, say something if you like it...have a nice day. Peace.

Corporate Finance in a Nutshell

This is the best summary of corporate finance that I have ever seen, hence I want to share it with you. While you might not agree with the relevance, let me start by saying a lot of the underlying effect of what we see in the stock market is influenced by the principles of corporate finance. And individuals can do well for their own financial well being by understanding the interrelationships between their

1. Investment decisions
2. Financing decisions and
3. Dividend decisions

Everyday na for the thief, one day na for the owner

A CNN Technology article on those internet thieves. Thanks, Alex, for this link.
"...Nuhu Ribadu, head of the Economic and Financial Crimes Commission, says cash and assets worth more than $700 million were recovered from suspects between May 2003 and June 2004. More than 500 suspects have been arrested, more than 100 cases are before the courts and 500 others are under investigation, he said.
The agency won its first big court victory in May when Mike Amadi was sentenced to 16 years in prison for setting up a Web site that offered juicy but phoney procurement contracts. Amadi cheekily posed as Ribadu himself and used the agency's name. He was caught by an undercover agent posing as an Italian businessman..."
Read more

Urban Hospitality in 1983, or Hit the Road, Jack

I just found a most vivid and enjoyable description of Lagos, Nigeria. It was written by a guy who visited in 1983 from the States with the goal of filming Fela Anikulapo Kuti. He also has pictures that I really like. Read the journal. Warning: This is a long piece that takes about a half hour to read.