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Education / Re: Literacy Rate In Nigeria By Ethnicity by AcuraZDX: 6:39pm On Sep 20 |
SpatialKing: Exactly 4 Likes 1 Share |
Education / Re: Literacy Rate In Nigeria By Ethnicity by AcuraZDX: 6:39pm On Sep 20 |
Once again, check the voting patterns and see how Nigeria got to where it is today. After all, politics is a game of numbers, not a game of education 😂😅 7 Likes |
Politics / Re: Tinubu, Obi, Atiku Should Step Aside, We Need New Faces - Kenneth Okonkwo (vid) by AcuraZDX: 11:43am On Sep 04 |
Kenneth oya buy form oo 35 Likes |
Politics / Re: Oando’s Market Value Jumps From N70bn To N1 Trillion In Tinubu’s First Year by AcuraZDX: 10:19am On Sep 04 |
nlfpmod 1 Like |
Politics / Re: Oando’s Market Value Jumps From N70bn To N1 Trillion In Tinubu’s First Year by AcuraZDX: 10:19am On Sep 04 |
Lmao 1 Like |
Politics / Oando’s Market Value Jumps From N70bn To N1 Trillion In Tinubu’s First Year by AcuraZDX: 10:19am On Sep 04 |
The latest valuation elevated Oando to the top 10 most-capitalised companies on the Nigerian stock exchange. The market value of Oando Plc—run by President Bola Tinubu’s nephew, Wale Tinubu, —soared to record highs from N74 billion in 2023 to N1 trillion as of September 2024, indicating more than 1,000 per cent increase in valuation as Nigeria battled its worst cost-of-living and fuel crises. While the nation was recording an exodus of multinational companies like pharmaceutical giant GlaxoSmithKline, Microsoft, and Diageo (Guinness parent company) due to Nigeria’s harsh economic climate, Oando was leaving the league of companies generating billions of naira in revenue to 12 zeroes. Oando —an average-performing oil company before Mr Tinubu’s government— recorded N74 billion profit after tax in the financial year ended 2023, a stark contrast to the previous year when it recorded a loss after tax. But just a little over one year after Mr Tinubu became president, the company’s share price, which sold at six naira as of September 1, 2023, saw its market value rocket to an all-time high of N92. The latest valuation elevated Oando to the top 10 most-capitalised companies on the Nigerian stock exchange. The profit surge comes months after a Peoples Gazette’s January report exposed how Mr Tinubu was plotting to transfer Eni’s Nigerian assets to Oando in exchange for Eni’s repossession of Nigeria’s lucrative OPL 245 oil field in partnership with Shell. The assets transfer was made public last week by the parties, who said the deal was about $785 million and denied any wrongdoing of Oando cornering juicy deals at the expense of Nigeria’s oil field. Wale Tinubu and Oando have continued to deny any wrongdoing, asserting that some of the discussions that led to their latest successes took place long before his uncle assumed office. The increase sent netizens into a frenzy with many attributing Oando’s profit surge to its CEO’s blood ties with the president, suggesting the oil company’s increased valuation resulted from Mr Tinubu’s influence and not necessarily hard work and merit. The currency devaluation, fuel subsidy removal and overall economic crisis had sent many companies into dire straits, including billionaire Aliko Dangote, who recently got demoted from Africa’s richest man to the second position, rankings of Bloomberg Billionaire Index released in August showed. Oando is not the only business with ties to the Tinubu family that is doing well under the current administration. Earlier this year, the president awarded a humongous road contract worth over N15 trillion to a company run by his son Seyi and his friend, Gilbert Chagoury. The president awarded the multi-trillion naira Lagos-Calabar Coastal highway project contract to Gilbert Chagoury’s company, Hi-tech, in which First Son Seyi Tinubu sits on its board, a move that triggered furious reactions and nepotism accusations. The collective outrage and criticism from opposition figures like Atiku Abubakar, the presidency denied nepotism or corruption accusations in handling federal contracts under the current administration. https://gazettengr.com/oandos-market-value-jumps-from-n70-billion-to-n1-trillion-in-tinubus-first-year-as-president/ 2 Likes
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Health / Re: Number Of Paternity Tests: Yoruba 53%, Igbo 31.3%, Hausa 1.3% - Smart DNA Lagos by AcuraZDX: 12:38pm On Sep 01 |
nlfpmod 1 Like |
Health / Re: Number Of Paternity Tests: Yoruba 53%, Igbo 31.3%, Hausa 1.3% - Smart DNA Lagos by AcuraZDX: 12:38pm On Sep 01 |
Nawa oo 13 Likes 1 Share |
Health / Number Of Paternity Tests: Yoruba 53%, Igbo 31.3%, Hausa 1.3% - Smart DNA Lagos by AcuraZDX: 12:38pm On Sep 01 |
It also showed that the Yoruba ethnic group accounted for 53 per cent of tests, followed by Igbo (31.3 per cent), with Hausa at only 1.20 per cent. The statistics showed that most of the children tested were aged 0-five (54.0 per cent), suggesting a preference for early paternity confirmation. Smart DNA, a leading DNA testing centre in Lagos State, has released its comprehensive 2024 report on DNA testing trends in Nigeria, covering July 2023 to June 2024. https://gazettengr.com/negative-paternity-tests-high-yoruba-accounted-for-53-igbo-31-3-hausa-1-20-testing-trends-dna-report/ 6 Likes 1 Share
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Politics / Re: FOREX Reserves Dip By $505.68 Million In August, Biggest Drop In Four Months by AcuraZDX: 7:26am On Sep 01 |
Lol FreestuffNG LegendHero howfa? 4 Likes |
Politics / Re: 'Amaka Sunberger Was Orchestrated Because Of Edo Elections' - Aisha Yesufu by AcuraZDX: 9:21pm On Aug 31 |
Exactly 52 Likes 6 Shares |
Politics / Re: Lagos Coastal Road:Tinubu Supporter Makes U-turn, Calls Funsho Doherty "Chinedu" by AcuraZDX: 8:34pm On Aug 31 |
ACN southwest are cancer’s to this country!!! People that said OBJ is an Igbo man and genuinely believed themselves.. This means that these clowns hate Igbos alot because of how they demand for accountability.. 186 Likes 26 Shares |
Politics / Lagos Coastal Road:Tinubu Supporter Makes U-turn, Calls Funsho Doherty "Chinedu" by AcuraZDX: 8:34pm On Aug 31 |
Tinubu Supporter Makes U-turn, Addresses Funsho Doherty As "Chinedu" Over His Lagos Coastal Highway Statement Frame 1: Screenshot of the Tinubu Supporter praising Funsho Doherty Frame 2: Screenshot of the same Tinubu Supporter addressing Doherty as "Chinedu" over his stance on the Highway project.. Lmfaooo they are calling him "chinedu promax" in the comments. That's the guy whose opposition style they loved a year ago. Why are Tinubu Supporters like this? 42 Likes 11 Shares
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Politics / Re: It's Not Our Fault Kidnappers Are Not Tracked Despite Satellite, SIM, NIN — NCC by AcuraZDX: 11:44am On Aug 31 |
nlfpmod |
Politics / Re: It's Not Our Fault Kidnappers Are Not Tracked Despite Satellite, SIM, NIN — NCC by AcuraZDX: 11:44am On Aug 31 |
Lol 4 Likes |
Politics / It's Not Our Fault Kidnappers Are Not Tracked Despite Satellite, SIM, NIN — NCC by AcuraZDX: 11:44am On Aug 31 |
Not our fault kidnappers are not tracked despite Comm Satellite, SIM, NIN — NCC https://www.google.com/amp/s/www.vanguardngr.com/2024/08/not-our-fault-kidnappers-are-not-tracked-despite-comm-satellite-sim-nin-ncc/amp/ 7 Likes 1 Share
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Politics / Re: Edo Election: Pictures From APC Rallies In Urhonigbe And Ugbeka Wards by AcuraZDX: 9:36am On Aug 31 |
SenatorDave Garfield1 rest with this your mushroom rally pictures. Your itiborobo candidate will take a distant last in this election. 12 Likes 2 Shares |
Education / Re: Student Loan Applications By State Of Origin by AcuraZDX: 9:32am On Aug 31 |
Factcheck0001: It seems you're too dumb. You can see those that registered in the east.. Why isn't the money disbursed to those ones yet? What is even wrong with you guys? |
Politics / Re: Professor Chinedum Nwajiuba Explains The Southeast/NELFUND Fiasco by AcuraZDX: 9:28pm On Aug 30 |
emkz: Clown. What about this verified student from UNN on NELFUND portal? Maybe UNN is in your Yoruba land. Una no dey tire for propaganda?
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Politics / Re: Professor Chinedum Nwajiuba Explains The Southeast/NELFUND Fiasco by AcuraZDX: 9:26pm On Aug 30 |
Ebubu4: What deserves front page? A cock and bull story from a nobody? Who the heck is Martin Okorowu? Punch Correspondent or what? 2 Likes |
Politics / Re: Professor Chinedum Nwajiuba Explains The Southeast/NELFUND Fiasco by AcuraZDX: 9:25pm On Aug 30 |
Fake news.. nlfpmod please take note of this.. Martin Okorowu is a known APC supporter that peddles fake news . |
Politics / Re: 4 Nigerians Jailed For Certificate Forgery In The United Kingdom (Pics) by AcuraZDX: 1:52pm On Aug 28 |
nlfpmod 1 Like |
Politics / Re: 4 Nigerians Jailed For Certificate Forgery In The United Kingdom (Pics) by AcuraZDX: 1:52pm On Aug 28 |
Nawa oo 2 Likes 1 Share |
Politics / 4 Nigerians Jailed For Certificate Forgery In The United Kingdom (Pics) by AcuraZDX: 1:52pm On Aug 28 |
Four members from a Nigerian gang have been jailed after forging more than 2,000 marriage certificates that allowed people live in the UK illegally, Sky News UK is reporting. The suspects Abraham Alade Olarotimi Onifade, 41, Abayomi Aderinsoye Shodipo, 38, Nosimot Mojisola Gbadamosi, 31, and Adekunle Kabir, 54, were all jailed for a total of 13 years after a hearing at Woolwich Crown Court in London on Tuesday, August 27, 2024. The Home Office said the four were part of an organised criminal group that made fraudulent EU Settlement Scheme applications for Nigerian nationals. They carried out the enterprise between March 2019 and May last year, and were also found to have provided false Nigerian Customary Marriage Certificates and other fraudulent documentation to help applicants remain in the country. An investigation from the Home Office in the UK and Lagos found more than 2,000 false marriage documents were facilitated by the group, who themselves were Nigerian. https://x.com/instablog9ja/status/1828733665930580430?t=CaOaBy-rvP5P8_txESB7zA&s=19
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Politics / Re: Lack Of Policy Consistency Reason Nigeria Hasn't Succeeded - Okonjo-iweala by AcuraZDX: 8:49pm On Aug 26 |
nlfpmod |
Politics / Re: Lack Of Policy Consistency Reason Nigeria Hasn't Succeeded - Okonjo-iweala by AcuraZDX: 8:49pm On Aug 26 |
Lmao |
Politics / Lack Of Policy Consistency Reason Nigeria Hasn't Succeeded - Okonjo-iweala by AcuraZDX: 8:49pm On Aug 26 |
Lack Of Policy Consistency Reason Nigeria Hasn't Succeeded - Okonjo-Iweala Video https://x.com/channelstv/status/1828071762690457846?t=7EfsBc2Fj8YwLXUv5VaQ7g&s=19
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