Key Points
- Olubi says he is down about two hundred thousand dollars. He links the slide to tariff talk.
- He urges calm amid a red day for stocks. He frames the drop as relative.
- Bloomberg alerts show major U.S. indices fell on the news. Oil and the dollar also moved.
Olubi shared a blunt note on X via @0x today. He said his book was down by about two hundred thousand dollars. He added that the shock came after a tariff threat.
He then posted a second, cooler line to fans. “Do not fret,” he wrote in that follow-up. He said the sum looked large in cash but not in scale. In Nigeria, fresh debt figures also trend in policy news today, see our report on the Nigeria debt stock update.
What Ezra Olubi actually said
He wrote, “noticed i was down ~200k about an hour ago.” He added he was “not surprised” and blamed “trump as usual.” He later said the hit “seem[s] significant in absolute terms but not really in relative terms.”
Why markets slid after tariff threat
Bloomberg pushed a banner on the tariff warning against China. It said the S&P 500 fell by roughly 2.7 percent. It also noted the Nasdaq lost about 3.5 percent that hour.
Traders shifted to cash and the dollar climbed on fear. Oil prices plunged more than four percent at the time. Risk assets took a fast, broad hit across sectors.
Days like this tend to punish tech and growth most. That is why the Nasdaq’s fall outpaced the S&P’s move. Such bursts often fade when policy paths get clear later.
Context for readers tracking business risk
Sharp swings are part of modern, news-driven markets today. Size, mix, and time horizon shape how hard a blow lands. That is the lens behind his “relative terms” message.
Nigerian fintech policy has also drawn fresh scrutiny this week. Lawmakers pressed the apex bank on gaps and probes. See details in our note on the CBN fintech oversight probe.
