Author Archives: Olajide Olutuyi

About Olajide Olutuyi

Father.Husband.Calgary Flames fan. Calgary Stampeders fan. Akure Sunshine stars fan. Supports conscious capitalism.Progressive conservative( supports sin taxes, low taxes and laissez-faire economy). Now listens to gospel and country. Former rap fan Believes in volunteering and community service as agents of developmental change. A lot of my time goes into community service, reading, encouraging people and most importantly God’s business. Loves culture , business start-ups and politics of both my home and adopted countries. This is my blog. The opinions and thoughts in my article are mine and I make no mistakes for having them. You may also find articles, news or opinions of others that I agree with on my blog. More information about my professional background and interests available on my LinkedIn page.

Want To Make Money In Africa? Start by Solving Any of These 5 Serious Challenges

When most people look at Africa, there are two very strong but opposite images that emerge: Some see a continent where there are too many challenges and others see a land of vast opportunities. The interesting thing is, Africa’s biggest … Continue reading

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11 Business Opportunities in Africa That Could Make More Millionaires in 2018

The term “millionaire” is taking on a new meaning in Africa. It’s no longer just about the size of your bank account; any shady politician, corrupt bureaucrat, or unscrupulous businessman on the continent can easily claim to be a millionaire. … Continue reading

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A case for national LPG and clean cooking strategy in Nigeria

In 2013, my brother ventured into sales and marketing of Liquefied Petroleum Gas (LPG), colloquially known as cooking gas in Nigeria. I visited his plant and a couple of months later, he persuaded me to follow suit. I carried out … Continue reading

Posted in Entrepreneurship, Gas, Lagos, Leadership, Liquefied Petroleum Gas, LPG | Tagged , , | Leave a comment

Social investment has higher returns than infrastructure

In March 2018, principal founder of Microsoft and co-chair of the Bill and Melinda Gates Foundation, Bill Gates, was in Nigeria. He came into the country quietly but he did not leave without stirring up a hornet’s nest. While speaking … Continue reading

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June 12- Let the healings begin.

Buhari’s declaration on June 12 has huge significance for Nigeria’s democracy. Many have described it as a political masterstroke and they are right. It was a strategic political move. Those who sold the idea to the President should be commended … Continue reading

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Raising the effectiveness of philanthropy in Nigeria

Growing up, I watched my dad engage in several philanthropic activities. He gave to people and causes he cared about. Much of the beneficiaries of these philanthropic deeds were extended family members, the local community, friends and religious organizations. Sometimes, … Continue reading

Posted in Africa, Lagos, Nigeria, Philantrophy | Tagged , | Leave a comment

Where Should You Put Your Money In Nigeria?

Disclosure: This article is written as part of work I am doing for the company in question. I have been paid for this work. You are a Nigerian and you live in Nigeria. By that geographical arrangement alone, your investment … Continue reading

Posted in Finance, Government and State bonds, Investments, Nigeria, Treasury Bills | Leave a comment

The content of Nigeria’s foreign exchange reserves

On Monday 20 March 2018, The Guardian Newspapers published an article by Contributor Feyi Fawehinmi titled, “What’s Inside Nigeria’s Foreign Exchange Reserves”. In this article, the writer describes and discusses his perceived rationales for the increase in the country’s Foreign … Continue reading

Posted in Africa, Finance, Foreign Exchange Reserves, Foreign Reserves, Governance, Leadership, Nigeria | Leave a comment

What’s the fuss about foreign exchange reserves?

Earlier in March 2018, the Central Bank of Nigeria (CBN) announced that the country’s foreign currency reserves were steadily growing and that the reserves stood at $43 billion. This represented almost 100 percent increase from about $23 billion recorded in … Continue reading

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Konga and Nigeria’s e-commerce industry

  In my column of last month, I wrote about Nigeria’s retail industry and its potential to become the country’s next big industry. I also touched briefly on the gains made by the domestic e-commerce sector. Unfortunately, soon after the … Continue reading

Posted in Africa, E-Commerce, Entrepreneurship, Innovation, Nigeria, Technology | Tagged , , , , , | Leave a comment