Sogwu

🇳🇬Multi-Platform journo| MC| Moderator|Host|Anchor|content development | Media advisory |passionate Liverpool fan| |[email protected] |

[Pinnacle Daily @pinnacledaily_]

The future of news is coming. Save the date.
#PinnacleLaunch

[Sogwu @SundaymichaelOg]

@officialABAT @asovilladigital @fiscalreformsng 01m

[Alex Onyia @winexviv]

Currently, we have 8,391 students who have sent in their complaints regarding the glitches in the JAMB 2025 exam. These are lots of evidences to prove that JAMB’s system was inefficient and thereby causing serious harm to these students mental health.

The demand is for JAMB to show all the students their mark-sheet to view their results. Also, see what they failed, the correct answer and possible a seamless way to dispute it.

The destinies of these students are at stake.

Students, we won’t let your guards down!

[Maliq @MasterMaliq]

So, my dad had a 2-bedroom flat for rent at #600k. A guy came to check it out, claiming it was for his sister. He wanted to pay, but dad insisted on meeting the sister first.

Next day, the "sister" shows up with her fiancé, saying they're getting married next month and need the place urgently. Dad asked how much they were told to pay in total, and they said #950k. Dad just laughed, knowing the guy was an agent. He told them to pay #350k as his wedding gift to them.

They left happy.

Now the agent came this morning, fuming and shouting at my dad for "ruining his business." Baba just sat there laughing. 😂

Not every hustle deserves protection, some deserve disruption.

[Poppy Mathobela @PopMathobela]

Be thankful for the little things. 👍

[Sachin Jose @Sachinettiyil]

The Most Important Person on earth is a mother. She cannot claim the honor of having built Notre Dame Cathedral.She need not. She has built something more magnificent than any cathedral-a dwelling for an immortal soul, the tiny perfection of her baby's body-

Cardinal Joseph Mindszenty

[Phronesis𓃵 👩‍❤️‍💋‍👩🇨🇦 @yinka_phil]

Aerial view of the blast area in Ibadan

1 USD Kidnappers in Abuja Ibadan Spiritual Ronaldo Gwarimpa Ololufe Port Harcourt Bomb Police PRO Akobo Ondo Don Jazzy

[Sogwu @SundaymichaelOg]

@daily_trust @AbdullateefAliy

[John Zhao (CCECC) @JohnCCECC]

The first container freight train of the Lagos-Ibadan railway, built by #CCECC, has set off from Apapa Port in Lagos, #Nigeria. It departed from Apapa Port and carried a total of thrity 40-foot containers, arriving at Ibadan station in just two and a half hours.

[Ndubuisi Ekekwe @ndekekwe]

Now that investment houses and private equity firms are quoting this, we can agree that the message is picking up. And let me add the completeness of that quote from the article where Asset Equity Group picked it:

"The strength of Nigerian Naira comes from warehouses and factories, and not from the Central Bank of Nigeria (CBN) headquarters. Those warehouses and factories include the old (the traditional firms like Innoson Motors, Dangote Cement) and the modern  ones (like Paystack, Tomato Jos). Until the CBN can use its monetary tools to elevate them, it cannot win the fight for Naira".

[Fr. Evaristus Bassey @FrEvaristus]

May the Lord open your eyes to know the areas where your efforts would be wasted no matter your genuine attempts, like patching a new piece of cloth on an old garment.(Matt 9:16). May you have focus in what the Lord has purposed, and may you achieve great success. Amen🙏

[Sachin Jose @Sachinettiyil]

A beautiful Catholic marriage tradition ❤️

When the bride and bridegroom go to the church to be married they carry a Crucifix with them. The priest blesses the Crucifix and instead of saying that they have found the ideal partner with whom to share their lives, he exclaims, “You have found your Cross! It is a Cross to love, to carry with you, a Cross that is not to be thrown off, but rather cherished.” When they interchange the marital vows, the bride puts her right hand on this Crucifix and the groom puts his right hand over hers. Both are bound together and united to the Cross. The priest covers their hands with his stole while they pronounce their promises to love one other in good times and in bad, proclaiming their vows to be faithful according to the rites of the Church. Then they both first kiss the Cross, not each other. If one abandons the other, they abandon Christ on the Cross. They lose Jesus! After the wedding, the newly-weds cross the threshold of their home to enthrone that same Crucifix in a place of honour. It becomes the reference point of their lives and the place of family prayer, for the young couple believes deeply that the family is born of the Cross.

[Taiwo Oyedele @taiwoyedele]

10 major implications of ​Naira exchange rates unification

With the Nigerian Naira now exchanging in the official forex market at market determined rates, a significant market distortion has been removed. Expectedly this will come with both positive and negative implications.

The major impacts will include:

1. Significant rise in government debt in naira terms by about N12 trillion to N90 trillion i.e. external debt of $42bn will increase by the difference between the old and new rates.

2. As a result of the above, debt to GDP ratio will increase by about 5%

3. There will be a corresponding increase in debt service cost with respect to foreign debt service

4. Government’s revenue will increase in naira terms resulting in a higher tax/revenue to GDP ratio. Corporate tax collection may however decline as many businesses crystallize forex losses due to the higher exchange rate.

5. Possible reduction in budget deficit if government’s forex revenue exceeds foreign currency obligations, an increase in budget deficit will arise if otherwise

6. Possible impact on the pump price of petrol which could inch closer to the current pump price of diesel

7. There should be some cost savings as government discontinues with the various fx interventions e.g. Naira4Dollar, RT200 etc which cost tens of billions of naira

8. The country will attract fx inflows especially from portfolio investors, FDI and exporters proceeds. Impact on diaspora remittances would be marginal.

9. The capital market will benefit as it is likely to appreciate further as foreign investors take position

10. There should be negligible impact on the general prices of goods and services as products already factored in parallel market rates to a large extent.

Overall, this is a positive move. However, the government needs to manage the dynamics to restore confidence. The backlog of forex demands need to be addressed and government should be ready to supply forex to stabilise the exchange rate in the short term.

Also relax capital control and administrative bottlenecks including unbanning the list of items prohibited for fx (and complement with higher import duties), remove the need for certificate of capital importation etc to prevent the parallel market rate from simply moving further away from the official market rate.

Stop the demand for certain taxes and levies in foreign currency, it creates unnecessary fx demand without adding to supply.

The aggregate demand for fx across markets should reduce as round-tripping incentive is removed, for instance people who fake foreign travels just to get fx at discounted rates. Also, Nigeria's sovereign credit rating should improve if this is complemented with the right fiscal and monetary policies thereby attracting more fx inflows and lowering the cost of borrowing.

https://t.co/QFQJKte5Dp

[Whole Women Network Co-op @wwncoop]

❝We are all in the gutter, but some of us are looking at the stars.❞ — Oscar Wilde ☀️🎼💃🎶

I hope you see it too. This new nation that is being birthed. A place where the office of the citizen is fully occupied by each of us. No one else will build it for us. Ogadimma!👊🙏👊

[Azure Banana Rift @AzureRiftETH]

Just In 🔥: Some residents of Festac town in Lagos took time to prayer on thier voting machine. Watch video below 👇

No LP Bola ahmed Tinubu #oshodi anambra state datti baba Ahmed #NigeriaElections2023 #NigeriaDecides arise tv imo state Peter obi #ObiWon No labour party

[Sogwu @SundaymichaelOg]

@PB_Africa I can barely hear a word

[Sogwu @SundaymichaelOg]

@PB_Africa Me Sunday is here as Sogwu

[Gimba Kakanda @gimbakakanda]

Every crisis in this country tends to reveal that we are made of the same fabric as our leaders. From the bankers who withhold new notes, down through gas station racketeers, to POS operators, we are all just waiting for our chances to partake in the corruption we always revile.

[#DoubtlessThouArtMyFather (Isaiah 63:16) @harrydaniyan]

@gimbakakanda We only speak against oppression when we are not the oppressors.

[The Cultural Tutor @culturaltutor]

Bridges represent some of the greatest achievements of human engineering and architecture. Here are 12 of the most extraordinary:

1. Millau Viaduct, France (2004) - the world's tallest bridge.