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I am Jason Chukwuma Njoku. Join me and get Awesome actionable insights on Media, Technology & Gambling in Africa. New posts every week.

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High Valuations. A systemic risk?

I got ideas. Lets get this mney Folks feel I am being negative about 🇳🇬 & Africa at large. I am actually not at all. But the relentless, unchallenged positivity doesn’t help fix any of our glaringly obvious underlying issues nor helps us win. And all I want is for

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Why Nigerians Will ALWAYS Fall for Scams

I was in Johannesburg recently, speaking to one of the largest retail real gaming operators in SA. The most interesting nugget from our discussions was when they were telling me about how their best customers are Nigerians. I was pretty surprised. In Johannesburg? Where I am sure Nigerians represent <1%

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Fintrickery 1.0

Firstly. For the record. Fintech has already proven to be the Holy Grail of tech startups in Nigeria. I applaud that. Man, it’s amazing, breathtaking. In 5 short years she has given us everything we ever asked for. A $200m exit. A $1B+ unicorn. A $50m+ non VC backed exit.

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When 95% of your customers can’t afford $30/year

I have said this a thousand times since it dawned on me a few years back. Africa is functionally poor. In the absence of a special ‘Africa’ pricing, usually heavily subsidized by cashflow (from international operations) or investors’ capital , our people wouldn’t be able to afford most of the

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IPO? Wait, what? Isn’t $30m a Growth Round?

Stepped out of the game IROKO hasn’t completed a priced fund raise since 2016. That’s 5 whole years. It was only when a journalist was asking me the other day about down rounds that I actually realised that. We’ve borrowed N500m ($1.6m) in Bank of Industry loans and paid that

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Anxiety & $5,000 angel investments

So, as some of you may be aware, I run a little community called Investzilla. I have been an angel investor for a really, really long time and informally a bunch of folks reach out to me to understand how they can get involved. The vast majority of angel investors

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CBN + Bitcoin. They make a wasteland and call it peace

CBN governor Godwin Emefiele They plunder, they slaughter, and they steal: this they falsely name Empire, and where they make a wasteland, they call it peace.Publius Tacitus  By edict, the CBN has decided that the true and patriotic citizens of Nigeria need to be protected from the evils, and thus

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Me, Mental Health & the Money Game.

I love this picture. I seem so happy. Must be the carelessness of youth. I haven’t been able to exercise for the last 3 days*. I can’t explain why. I get dressed up and ready and raring to go, but then I literally cannot be bothered, so don’t. What most

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Nigeria’s Secretive Society & the Downside of Transparency

Timothy’s question Timothy, in our exclusive Telegram group, asked me the simple question above. It’s something that I instantly recall the origin of but rarely reflect on it and whether that has changed over the years. I am naturally a super open person. That’s my default mode. Mrs Njoku doesn’t

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