Capital as a Window into Economic Belief
Nigeria’s top business figures are often described as opportunistic, but that label misses something important. Their capital decisions are less about quick wins and more about how they read risk over time. Where they place money, where they withdraw it, and how long they are willing to wait all tell us something about how they understand the country’s economic direction. Few examples make this clearer than the contrasting paths taken by Tony Elumelu and Femi Otedola. Over the last de
