Naira is now trading at top 10 ๐ฎ๐ฎ๐ฎ๐ฎ
God bless CBN governor by extension APC ๐ช
Does this help ordinary Nigerians?
This is where the answer becomes โpartly, but not immediately.โ
Who benefits first?
* People who own shares.
* Pension funds.
* Investment funds.
* Wealthier Nigerians.
* Foreign investors.
These groups see their investments increase in value.
How could it eventually help everyone?
If companies become more valuable, they can:
* Borrow more money.
* Build new factories.
* Hire more workers.
* Pay more taxes.
* Expand production.
Those changes can eventually create jobs and higher incomesโbut only if the businesses actually invest and grow.
"When Peter Obi was interviewed, i would have expected a proper journalist to ask him to provide evidence of the attempt to destroy his businesses so that we can interrogate that. I would have expected the interviewer to ask him to provide evidence that they even after his life, because he said he may not be alive. But the interviewer was simply saying, 'Wow, like somebody was starstruck." โ Babajide Kolade-Otitoju
BREAKING: ๐๐ถ๐ฑ๐ป๐ฎ๐ฝ๐ฝ๐ฒ๐ฑ ๐ข๐๐ผ state ๐ฝ๐๐ฝ๐ถ๐น๐ and ๐๐ฒ๐ฎ๐ฐ๐ต๐ฒ๐ฟ๐ ๐ฟ๐ฒ๐ด๐ฎ๐ถ๐ป ๐ณ๐ฟ๐ฒ๐ฒ๐ฑ๐ผ๐บ.
@felixherbt Obi owns fidelity bank ๐ฆ ever since he made the statement of threats to his business.
Fidelity bank is making tremendous progress ๐.
I try to check โ ๏ธ which other business that is not adding up to the Nigeria GDP.
Importation of alcohol ๐ธ is now prohibited ๐ซ ๐.
Prince Adeyemi just confessed he never met Gbajabiamila, and only had a phone call with someone he assumed was Gbaja once. But, I'm surprised he ran to VDM. As per what?
Professor Jiang who correctly predicted in July 2024 that Donald Trump would win the election, America would go to war with Iran and that Iran would not surrender, now makes 5 predictions for 2027....
South Africa Is Playing With Fire
Boardrooms are now battlegrounds. Activists are marching into corporate offices across South Africa demanding that "foreigners" pack up and leave.
President Cyril Ramaphosa @CyrilRamaphosa this cannot stand and here's why it's not just wrong, it's dangerously short-sighted. Please ask yourself does South Africa know how deeply it is embedded in the rest of this continent?
โ ๏ธ1. MTN carries hundreds of millions of subscribers across Nigeria, Ghana, Uganda, Rwanda, Cรดte d'Ivoire, and beyond a South African company thriving on African soil that isn't its own. @MTNza
โ ๏ธ2. Absa now earns nearly a third of its group profit from outside South Africa โ Botswana, Ghana, Kenya, Mauritius, Mozambique, Uganda, Zambia, Tanzania and is still acquiring more African banks as we speak. @Absa
โ ๏ธ3.Standard Bank remains the continent's largest bank by assets, moving trillions of rand through African economies every single year. @StandardBankZA
โ ๏ธ4. MultiChoice/DStv has for decades been the dominant gatekeeper of entertainment and information across dozens of African households.
โ ๏ธ5. Sanlam and Old Mutual manage insurance and pension savings for millions of East and West Africans.
โ ๏ธ6. Nandos, Steers, and Debonairs feed households across Kenya, Nigeria, Zambia, and Uganda.
โ ๏ธ7. Bidvest and Imperial Logistics run supply chains that keep goods moving through multiple African economies.
โ 8. ๏ธThen there's tourism an industry South Africa depends on heavily, and where the hypocrisy cuts sharpest. Hospitality groups like Tsogo Sun, City Lodge, and Sun International have expanded into Zambia, Nigeria, and beyond. South African Airways, Airlink, and a web of SA-based travel companies have spent decades marketing Cape Town, Kruger, and the Garden Route to the rest of the continent and Africans have answered in huge numbers. Kenyans, Nigerians, Ghanaians, and others fill Sandton hotels, Table Mountain cable cars, and Kruger safari lodges every year, injecting real foreign currency into the South African economy.
So which is it? Do you want African wallets in your tills and African bodies in your hotel beds, but not African faces in your boardrooms?
Now imagine just for a moment Nigeria, Kenya, Zambia, or Ghana adopting the same logic. Boardrooms in Lagos or Nairobi staging walk-ins demanding MTN executives leave, Absa hand back its banking licenses, or Kenyan immigration quietly discouraging South African tourists from checking into Mombasa or Diani hotels. The fallout for South Africa would be instant and brutal and tourism, banking, and telecoms would be the first casualties, not the last.
This is the essence of glass houses and stones. You cannot build a continental empire in banking, telecoms, insurance, and tourism, and then slam the door on that same continent's citizens the moment it's convenient at home. It's worth remembering South Africa's most celebrated exports thrive precisely because other nations didn't gatekeep opportunity by passport.
Trevor Noah built a global career from a studio in New York. Elon Musk, born in Pretoria, built his fortune in Silicon Valley and Texas. Both benefited from economies that judged them on merit, not nationality. @Trevornoah@elonmusk
If Africa responds to South Africa's boardroom nativism with mirrored nativism, no one wins least of all South Africans working, investing, and building across this continent.
Mr. President, this is a fire worth putting out before it spreads.
As always, I choose to remain an optimist.
Mohammed Hersi
A true African patriot at heart
Christians are mandated to wear hijab in Al-Hikma University and nobody protested or took the management to court.
Itโs simple, if you canโt abide by their rules then donโt go there.
Why is it that Muslims always stir chaos???
Age of each of these countries:
USA: 250 years
Netherlands: 445 years
Sweden: 503 years
Spain: 547 years
Monaco: 729 years
Switzerland: 735 years
Thailand: 788 years
Mongolia: 820 years
Portugal: 883 years
Hungary: 1,026 years
Poland: 1,060 years
Denmark: 1,061 years
England: 1,099 years
Norway: 1,154 years
Russia: 1,164 years
France: 1,183 years
Morocco: 1,238 years
Bulgaria: 1,345 years
China: 2,246 years
Iran: 2,575 years
Japan: 2,685 years
Ethiopia: 3,000 years
Egypt: 5,125 years
If not this Lady, most of us in history wouldn't have known these facts from Nigeria to South Africa. Have you heard something like this before?
The Internet does not forget history
#xenophobia#xenophobic#Southafrica
Labour Party lawmaker representing Anaocha/Dunukofia/Njikoka Federal Constituency in the House of Representatives, George Ibezimako Ozodinobi distributed items for abacha, a cassava stem & 10 maize seeds.
He stated that the initiative will help Agulu people overcome hunger.
Constituents scramble over coconut seedlings distributed as an empowerment initiative by the Labour Party Senator representing Enugu North Senatorial District, Distinguished Senator Okey Ezea.