🇮🇱 Tel Aviv has been ranked the world's #4 startup ecosystem by Startup Genome, behind only Silicon Valley, New York, and London.
With an ecosystem value of $250.3 billion and 162% growth since 2021, Tel Aviv continues to punch far above its weight as a global innovation powerhouse.
Another reminder that Israeli innovation is shaping the future. 🚀
https://t.co/k8JL1oWIyT
EU citizens are receiving benefits and free housing after claiming asylum in the UK.
In March, nearly 150 EU migrants were living in taxpayer-funded “contingency” accommodation, including hotels, while their asylum claims were considered by the Home Office.
They came from France, Portugal, Spain, Sweden, Italy and other countries.
🔗: https://t.co/mfqro8a6Sb
Dear Ekiti people , this Saturday please vote for a party that treats you like actual humans , not the ones throwing bread 🍞 at you like chickens , send APC out with your votes 🗳️
🙏
"Police released Armed Fulani Militia, we arrested & gave them their AK-47's back to them"
Gov. Udom - *"We arrested persons with fake army uniforms carrying 18 AK-47's rifles and handed them over to the police"*
However, the police hierarchy gave express orders that those persons should be released and their guns handed back to them.
We want to let the world know that if there is a breakdown of law and order tomorrow, the police should be held responsible.
All attempts to speak with the top hierarchy of the police in the zone and at Abuja were rebuffed.
- Gov. Emmanuel Udom. Akwa Ibom State.
🙇🏾♂️ 🙇🏾♂️
Cardoso's FX reform is largely based on attracting foreign remittances which is inelastic. The excessive devaluation of naira won't make foreign workers with no wage increase to send more dollars or pounds.
Tinubu and his guys overplayed themselves. They can correct it but FG won't be able to afford paying minimum wage at 70k though they revaluation of the naira is good for debt repayment.
Tinubu and his guys overplayed themselves. They can correct it but FG won't be able to afford paying minimum wage at 70k though they revaluation of the naira is good for debt repayment.
Naira Undervalued By 40%, True Value Below ₦1,000 - Uwaleke
The naira is undervalued by about 40%, meaning the current market value does not reflect its fundamental value as implied by the real effective exchange rate (REER). Undervaluation means the market exchange rate is weaker than what economic fundamentals suggest. The REER compares the value of the naira against a basket of currencies of countries Nigeria trades with, adjusted for inflation differences.
Prof Uche Uwaleke, President, Capital Market Academics Of Nigeria
The devaluation eroded naira savings, making the people poorer. Many can only afford to send on essential goods. I have said it many times, MNCs won't invest in a country with lower to no purchasing power hence why the Nigeria economy is not creating jobs.
Nigeria’s current account surplus rose by 255.71% to $4.98 billion in the first quarter of 2026, from $1.40 billion in the fourth quarter of 2025, according to provisional balance of payments statistics released by the Central Bank of Nigeria (BOP). https://t.co/k9Fe6TJEU8
This highlights the gap between population size and innovation capacity, which depends more on investment in research, education, infrastructure, institutions, and technology ecosystems than on population alone.
Despite having one of the largest populations in the world (over 230 million people), Nigeria ranks 105th out of 139 economies in the Global Innovation Index, trailing smaller countries such as Panama, which has a population of around 4.5 million but ranks 82nd.
Men are shaping the destinies of their respective nations except African men who pride themselves only as a tool in enhancing global fertility. Pathetic
Why Ex-Depot Fuel Price Reduction Takes Time To Reflect At Filling Stations — PETROAN
Speaking on Channels Television’s The Morning Brief on Wednesday, the President of PETROAN, Billy Gilly-Harry, said that local fuel pricing is shaped by multiple factors.
https://t.co/iPiwfVvz5j
I have said multiple times that Lagos should stop giving approvals for new buildings and concentrate on greenery. The present political leadership in the state is mentally defeated.
The idea that the Naira is "undervalued" stem from IMF equilibrium models that assume a theoretically correct exchange rate obtained from macroeconomic calculations.
This is a flawed concept. Exchange rates are the outcome of voluntary exchanges between individuals acting on subjective valuations and dispersed knowledge. The market price is not subordinate to a model- constructed ideal. It is the only meaningful expression of currency value at any point in time.
Classifying a currency as "undervalued" can also create political pressure on government to "fix" it through intervention, moving policy away from free exchange and toward administered exchange rate regimes, reintroducing the distortions that the 2023 reforms were meant to end.
This should be the focus. He needs to start now not floating of naira without anything to hedge it. Nigerians are the ones that would build its own manufacturing sector especially in the era of protectionism championed by the US.