Achimomtv: Today, we're taking you inside a successful CATFISH FARM built by TWIN BROTHERS who turned their passion for aquaculture into a thriving business. Discover how they started, the challenges they faced, and the strategies they use to build a profitable fish farming operation.
SlavaUkraini: Babajide Sanwo-Olu, governor of Lagos, and David Umahi, minister of works, have dismissed claims that the ongoing Lagos-Calabar coastal highway is responsible for flooding in parts of the state.
The duo spoke on Monday during a courtesy visit by the minister and members of the national assembly to the Lagos governor.
Umahi said President Bola Tinubu directed an inspection of the project following reports on social media alleging that the highway had triggered flooding in Lagos.
Severe flooding caused by days of persistent rainfall has inundated roads, homes and vehicles across parts of Lagos, with some residents attributing the situation to the ongoing Lagos-Calabar coastal highway project.
However, the minister of works described the claims as false, noting that flooding had been recorded in several parts of Nigeria and had already been forecast in at least 22 states across the country.
“We were concerned about the negative narrative on social media claiming that the coastal highway caused flooding in Lagos,” Umahi said.
The president directed us to come with members of the national assembly to assess the situation ourselves.”
He noted that the highway was intentionally elevated to withstand ocean surges and protect the corridor from flooding for the next two to three decades.
He added that the affected communities were swampy before construction began, arguing that buildings erected below approved flood levels would remain vulnerable regardless of the highway project.
The minister commended the Lagos government’s drainage master plan, noting that more than 80 percent of the drainage channels leading into lagoons had been completed.
He said the federal and Lagos governments would collaborate on additional drainage infrastructure and service lanes along the highway corridor, adding that some structures would have to be removed to accommodate the projects.
Umahi added that stakeholders’ engagements would be held with affected residents, while modern facilities such as surveillance cameras, wind stations, parking areas and tourism infrastructure would also be developed along the corridor.
‘LAGOS IS A COASTAL CITY’
Speaking during the visit, Sanwo-Olu said flooding in Lagos is largely a consequence of the state’s coastal geography rather than the ongoing highway construction.
He said Lagos occupies less than 0.4 percent of Nigeria’s landmass, with about one-third of the state covered by water, making seasonal flooding an environmental reality.
The governor said heavy rainfall could temporarily overwhelm drainage systems but noted that floodwaters often recede after a short period.
“Lagos is a coastal city. When people say Lagos has flooded, without mincing words, we will always experience some level of flooding. We only pray that it will not be severe,” he said.
He accused some social media users of circulating images taken during peak flooding to create a misleading impression of the situation.
The governor also blamed indiscriminate waste disposal for worsening flooding, saying blocked drainage channels remain one of the leading causes of urban floods in the state.
He said the state government would continue enforcing environmental regulations, including its ban on styrofoam, while introducing additional measures to protect drainage infrastructure.
“We cannot allow social media to define who we are. That does not mean we ignore our challenges. Whenever there are problems, we must confront them and solve them, but we must also understand the realities of our environment,” he said.
Sanwo-Olu noted that the state had begun a clean-up of the Lagos-Badagry expressway and signed an agreement with a mechanised street-cleaning company to deploy six-lane sweeping machines for the daily maintenance of the coastal highway.
He added that service roads would be constructed alongside the highway to improve access for residents and businesses, although some properties would have to be removed to make way for the infrastructure.
The El-Nino effect is what has caused the massive global flooding around the world including Nigeria. This is way more than the fault of any Lagos-Calabar Coastal Highway as being propagated online by highly IRRESPONSIBLE posters! There are video online showing what the El-Nino effect is all about and parts of Lagos State are geographically below sea level.
I recall full well that the 1990s withnessed the last major El-Nino effect and now it's back. Semi-literacy and bigotry are behind the spread of this disinformation by those who NEVER like the construction of the Lagos-Calabar Coastal Highway in the first place. The governments at all levels are highly IRRESPONSIBLE as well for allowing FAKE news to thrive online and it would leaf to the downfall of that Nigerian democratic journey if NOT reigned in urgently and those behind the spread duly punished. Period.
What is Soft Commodity Trading & How to Trade Agricultural Commodities
The soft commodity is one of the best markets to trade. Soft commodity means wheat, corn, and agricultural products in general. In normal cases, the price depends on supply and demand. The price may take a sudden move if there are damages in production or any issues that may influence the supply or demand. There are many sources to get information and news about this market. USDA is one of the best sources. Keep an eye on the changes in supply and demand and you should be able to predict what will happen in the long run.
"Corn Futures Trading Basics: How to Trade the Corn Price"🌽
This episode goes back to the 17th century to trace the history of the Dojima Rice Exchange. It also takes a look at the innovation created at the Dojima Rice Exchange, Commodities Futures trading.
VERY MINT LIKE BRAND NEW (BARELY USED) (I only tested it for one week after receiving it from abroad)
Dell XPS 13 9310 (16gb RAM/1 TERABYTE SSD)
Intel Core i7 11th Gen (G7-highest performance variant). This machine literally chews every task you throw at it seamlessly and very smooth without it ever dragging one bit.
FHD+ Touchscreen Display (the display is soooooo beautiful to behold and use, colour production is so accurate and they literally pop out like they're about to jump out of the screen).
Olamide4ive1: Fashion lovers, content creators, and selfie champions, this one is for you! The new “My A200+ Style” Challenge is officially live, and it’s the perfect excuse to combine fashion, creativity, and smartphone vibes for a chance to win amazing prizes.
The idea is simple: dress up in any colour inspired by the itel A200+, snap a clean and stylish photo, then post it online with the hashtags #MyA200PlusStyle and #itelA200Plus.
Whether you’re rocking an all-orange fit, a cool blue combo, or a classy silver look, this challenge is all about showing your unique style while matching the vibe of the itel A200+.
And trust Nigerians… we already know people are about to enter their fashion influencer era with this one. 😂
Here’s the sweet part—winners won’t just receive bragging rights. There are some serious prizes on the table, including:
* itel A200+ smartphone * QLED TV * Air Fryer * 27000 mAh Powerbank
To increase your chances, participants are encouraged to make multiple entries. So if one drip is not enough, bring another one. No excuses.
How To Join:
1. Dress up in any colour of the itel A200+ 2. Take a clear and stylish picture 3. Post it on your social media page 4. Use the hashtags #MyA200PlusStyle and #itelA200Plus 5. Make more entries to boost your chances of winning
If you’ve got style, confidence, and a camera roll full of poses waiting to happen, this might just be your moment. Who’s entering already? 👀
Prestar: A suspected petty thief was reportedly caught after allegedly stealing chickens in the Sango area of Ibadan on Saturday.
According to eyewitness accounts, the suspect was tied to a streetlight by residents, with the allegedly stolen chickens hung around his neck in what appeared to be a form of public humiliation. The incident attracted a crowd, with many onlookers gathering at the scene.
As of the time of this report, it was unclear whether the suspect was later handed over to the police, and authorities had not issued an official statement regarding the incident.
Public shaming and mob punishment remain unlawful, as security agencies have repeatedly urged residents to hand over suspects to the police for investigation and prosecution through the legal process.
A petty thief was caught stealing chickens in Sango, Ibadan yesterday and tied to a street light with the stolen birds around his neck as punishment. pic.twitter.com/rFJLZ5PG7s
ogugwa1992: Retail Growth with Purpose: How itel Home Is Expanding Access to Quality Technology Across Nigeria
Nigeria's consumer market continues to evolve, retail success is no longer defined by the number of stores a company operates. Increasingly, it is measured by how effectively a brand improves access to quality products, creates opportunities for consumers and delivers consistent service across different communities.
For itel Home, these principles have guided an expansion that has now positioned the company as Nigeria's largest one-stop digital home appliance retail chain.
The company recently celebrated a major milestone with the simultaneous opening of 16 new stores, bringing its nationwide network to 112 outlets. The expansion reflects a long-term commitment to making modern technology and household appliances more accessible to Nigerian families, regardless of where they live.
Rather than limiting its presence to a few commercial centres, itel Home has steadily expanded into cities and communities across the country. This approach ensures that more consumers can purchase genuine products through organized retail outlets backed by professional customer service and dependable after-sales support.
Each store offers a comprehensive range of products, including smartphones, televisions, refrigerators, washing machines, air conditioners, kitchen appliances, digital accessories and other household essentials. The one-stop shopping model allows customers to meet multiple needs conveniently within a single retail environment. Accessibility remains central to the company's strategy. Flexible installment payment plans have enabled more consumers to purchase products without the financial pressure of paying the full amount upfront. Trade-in programmes, extended warranty services, screen protection plans and dedicated after-sales support further strengthen customer confidence and long-term satisfaction.
The company's continued expansion also contributes to local economies. Every new store creates employment opportunities, supports local supply chains and increases commercial activity within surrounding communities. Industry observers note that Nigerian consumers increasingly value retailers that combine affordability with reliability. Organized retail is gradually replacing fragmented purchasing experiences as customers seek trusted brands capable of providing genuine products and consistent service.
The opening of 16 stores simultaneously demonstrates more than operational strength. It reflects confidence in Nigeria's growing retail sector and the increasing demand for integrated shopping experiences.
As the company continues its expansion journey, its focus remains on delivering technology that improves everyday life while ensuring that quality products and dependable service are available to more Nigerians.
The company recently celebrated a major milestone with the simultaneous opening of 16 new stores, bringing its nationwide network to 112 outlets. The expansion reflects a long-term commitment to making modern technology and household appliances more accessible to Nigerian families, regardless of where they live.
Candlestick Trading: What Do Wicks Tell Us? So Candlestick Charts but also bar charts; anything where we're taking information about the high, low, the open and close of the day. What is a wick and why are wicks important? A wick is basically the point of the candle which is showing us the high or the low.
Wicks are one of the things that have been the most profitable type of pattern for me over the years (although of course I don't only trade wicks). When we see wicks, wicks generally are telling about intraday changes in sentiment.
We are talking about daily charts here but these also work in 5 minutes or 15 minutes timeframes. But let's talk about daily for now. Wicks are telling us of changes in sentiment on an intraday basis. i.e. it means there is a supply/demand shift in the middle of the day. It means there is an urgency there within a narrow timeframe. If we're buying a pullback we are still looking for that shift in supply/demand imbalance, if we're selling a resistance level we're looking for that shift from demand to supply coming in...etc
What causes them? 1) News 2) Sentiment - people could have simply changed their perception of the market. We can have massive bodies and massive wicks. The most important things we want to see are volume on the day, a key level that is broken or some kind of news catalyst. That is interesting as it means people are changing their perception.
lawani: How do you estimate the net worth of an individual?
If I have a business that employs one hundred people full time and gainfully and another person has a business that employs one hundred and fifty people full time and gainfully then the other person is richer than I am even if he has no car or a house. It is and has always been about the size of your household. The modern household is the number of people your asset can support
The other person is richer than I am provided that we are both debt free. If the other person's asset is exposed to debt by fifty percent then I am richer than that other person because his asset is supporting only 75 people while debt is supporting the remaining 75.
If a company is worth one trillion dollars while employing 50,000 people and I own one percent of the company then my asset is supporting five hundred people representing one percent of the company's workforce and I am just as rich as someone employing five hundred people despite that my net worth from that company is ten billion dollars. The person employing five hundred people is as important to the economy as the ten billion dollar person even if he or she has a net worth of only twenty million dollars in whatever country.
However if I go and borrow one hundred billion dollars to employ five hundred thousand people, it does not mean I immediately have the net worth corresponding to that number of employees
So when you say someone is well to do, what to ask for is his or her recurrent expenses by way of salaries, how buoyant will the person remain if he or she has to pay all his debts and etc. Sometimes a man with one house and a car can be more liquid than a billionaire and that needs also to be understood
#DrinksAndMics #Nairametrics #NigeriaStocks Season 2 of Drinks and Mics may be over, but we are taking you back to one conversation that now feels even more important.
In this episode, the gang revisits Nigeria’s controversial move to T+1 settlement and the warnings that came with it. At the time, it looked like a technical market reform. Today, with concerns around foreign investor access, market readiness, liquidity, and Nigeria’s FTSE frontier market review, the consequences are becoming clearer.
Did Nigeria move too fast? Was T+1 the problem, or was it the way it was implemented? And what does this mean for investors, regulators, brokers, and the broader Nigerian capital market?
Gbadugbakun: Many of the people calling her a liar may not fully understand how small businesses work. A bag of corn currently costs around ₦45,000 and typically contains 50–60 ears, depending on their size. If she's buying directly from farmers or wholesalers on the outskirts of Lagos, her cost price could be even more competitive. Let's do a simple calculation. If a bag contains 60 ears and each one sells for ₦500, that's ₦30,000 in revenue from the corn alone. She could also generate additional income by selling complementary items like ube and coconut, which usually carry healthy profit margins. In a high-traffic location, offering both boiled and roasted corn alongside ube and coconut could significantly increase sales volume. If, for example, she sells three bags' worth of corn in a day, that's about ₦90,000 in daily revenue from corn sales alone. Over 25 working days (excluding Sundays), that amounts to approximately ₦2.25 million in gross revenue, and that's before factoring in the extra income from ube and coconut. Of course, gross revenue is not the same as profit. Expenses such as purchasing stock, transportation, charcoal or cooking fuel, labour, rent (if applicable), and other operating costs would need to be deducted. However, the main point remains: with the right location, consistent customer traffic, and good business management, it's entirely possible for a corn-selling business to generate up to ₦2 million or more in monthly revenue.
Islie: ‘PFIPC Has No CBN Account’, AGF Contradicts Presidency by Islie(op): 5:10pm On Jul 06 By Daily Trust
The Office of the Accountant-General of the Federation (OAGF) has disowned the claim that the disputed Presidential Foreign Intervention Promotion Council (PFIPC) opened an account with the Central Bank of Nigeria (CBN).
While responding to claims made by Prince Adeniyi Adeyemi, the self-acclaimed Director-General of the PFIPC, the Presidency had said misled OAGF and opened a CBN account.
“The Police found that Adeyemi, using the fake documents he created, fraudulently opened a CBN account by misleading the Office of the Accountant-General of the Federation. According to the police, no government money has been transferred into the account,” Bayo Onanuga, Presidential spokesman, had said in a statement, which exonerated Femi Gbajabiamila, Chief of Staff to the President, of any wrongdoing in the saga.
But giving its own side of the issue, the OAGF said the council never completed the process required to operate a Central Bank of Nigeria (CBN) account.
He said that made it impossible for any government allocation to be paid into its coffers.
Director of Public Relations at the OAGF, Bawa Mokwa, said an application to open the account was initiated after the council’s convener, Prince Adeniyi Adeyemi, presented “an appointment letter“ linked to an existing government agency.
He, however, said the process stalled because the names of authorised signatories were never submitted, preventing the account from becoming operational.
“The account has not seen the light of day. It has not received one kobo because it was never fully activated.
“The Accountant-General has not released any money because there is no operational account for such payment,” Mokwa said.
He added that while the council has a budgetary allocation, the existence of a provision in the Appropriation Act does not automatically translate into the release of funds.
The OAGF also dismissed claims that salaries had been paid to staff of the council.
Mokwa explained that federal agencies cannot recruit personnel or process salary payments without obtaining approvals from the Federal Character Commission, the Budget Office and the Federal Civil Service Commission before workers are enrolled on the Integrated Payroll and Personnel Information System.
“If an agency is granted a waiver to recruit, it must still obtain approvals from the relevant agencies before presenting staff details to the Accountant-General. Without those approvals, not even one employee can be captured on the payroll,” he said.
According to him, none of the statutory conditions has been fulfilled by the PFIPC.
He insisted that the council has neither an operational CBN account nor an approved payroll through which government funds or salaries could have been disbursed.
Daily Trust reports that the controversy surrounding PFIPC first came to public attention after the Presidency disowned the body, insisting that no such agency exists under President Bola Tinubu’s administration.
It warned Nigerians against dealing with individuals claiming to represent it.
The Presidency subsequently said Adeyemi, who had presented himself as Director-General of the council, was standing trial on charges bordering on alleged forgery, impersonation and related offences.
According to the Presidency, the matter was uncovered in October 2025 after the Nigerian Investment Promotion Commission (NIPC) raised concerns that the purported council was carrying out functions similar to those of the commission.
The Office of the Chief of Staff to the President thereafter petitioned security agencies, alleging that appointment letters, official documents and other materials purportedly issued in the name of the Presidency had been forged.
Investigators were said to have recovered documents during searches conducted after Adeyemi’s arrest, while the government maintained that the PFIPC was never legally created.
The issue, however, took a fresh twist after the 2026 Appropriation Act listed the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council under the Presidency with a budgetary allocation of about N1.3 billion for personnel, overhead and capital expenditure.
The inclusion triggered widespread questions from opposition figures, legal experts and civil society groups, who argued that the budgetary provision appeared inconsistent with the Presidency’s insistence that the council was fictitious.
The development has since shifted public attention beyond the criminal allegations against Adeyemi to broader concerns over Nigeria’s budgeting and administrative processes.
Critics have questioned how a body the Presidency describes as non-existent could appear in the federal budget, while also demanding explanations over reports that the council operated from the Federal Secretariat and interacted with several government institutions before it was disowned.
Calls for an independent probe into the circumstances surrounding the controversy have continued to mount.
But giving its own side of the issue, the OAGF said the council never completed the process required to operate a Central Bank of Nigeria (CBN) account.
He said that made it impossible for any government allocation to be paid into its coffers.
Director of Public Relations at the OAGF, Bawa Mokwa, said an application to open the account was initiated after the council’s convener, Prince Adeniyi Adeyemi, presented “an appointment letter“ linked to an existing government agency.
He, however, said the process stalled because the names of authorised signatories were never submitted, preventing the account from becoming operational.
“The account has not seen the light of day. It has not received one kobo because it was never fully activated.
“The Accountant-General has not released any money because there is no operational account for such payment,” Mokwa said.
The South African government has failed its citizens. Many of the citizens no more have trust in the government, and are now taking laws into their hands. Immigrants, legal or illegal, have become the scapegoats.
Dudula is one of South Africa's most notorious anti-migrant groups whose members say they are standing up for ordinary South Africans let down by their government. The vigilante groups blame illegal migrants for South Africa's struggling economy, lack of housing, and rising drug abuse.
The uncomfortable parallel:
For the Nigerian audience, it should not just be "look how South Africans treat our people" — it is the mirror it holds up. When a state fails to deliver jobs, housing, security, and basic services, citizens do not always direct their anger upward at the institutions responsible. Often it is easier, and more immediately satisfying, to direct it sideways — at the neighbor, fellow citizens, the migrants, and people that cannot easily fight back.
Nigeria has its own history of this dynamic, just aimed differently: ethnic and religious scapegoating, "indigene vs. settler" tensions, "genocide", terrorism, banditry, violence attacks of its own within its borders.
That does not make the xenophobic attacks happening in South Africa acceptable — it makes it explicable, which is different. Migrants, documented or not, do not set housing policy, do not run the economy, and did not create unemployment. They are a visible, relatively powerless target in a country where the real grievances are with institutions too large and too entrenched to confront directly.
adenigga: The Chief of Army Staff, Olufemi Oluyede, has attributed Nigeria’s growing security challenges to instability in the Lake Chad Basin, the Sahel region and the Gulf of Guinea, warning that developments in neighbouring regions continue to fuel domestic threats.
Oluyede made the observation while delivering a lecture at the Nigerian Army Day Celebration, NADCEL, 2026 in Port Harcourt, Rivers State.
The Army Chief said Nigeria’s security landscape has become increasingly complex, with the country confronting insurgency, terrorism, banditry, cybercrime, transnational organised crime and resource-related conflicts.
According to him, the proliferation of small arms, porous borders and the exploitation of ethnic and religious divisions have further complicated efforts to tackle insecurity.
“Beyond Nigeria’s borders, instability within the Lake Chad Basin, the Sahel Region and along the Gulf of Guinea continues to influence and exacerbate the domestic threat environment,” he said.
Oluyede noted that emerging technologies, including artificial intelligence, cyber operations and unmanned systems, have altered the nature of modern warfare, requiring the military to adopt innovative strategies to address evolving security threats.
He said the Nigerian Army has continued to strengthen its operations through enhanced collaboration with other security agencies, improved intelligence gathering and deeper community engagement.
The Army Chief added that the military has invested in modern technology, capacity building and a combination of kinetic and non-kinetic approaches aimed at disrupting criminal networks and restoring peace in affected communities.
According to him, military operations now place greater emphasis on civilian protection, respect for human rights and building public trust.
He highlighted initiatives such as the establishment of Human Rights Desks, expanded civil-military relations programmes and the enforcement of rules of engagement designed to prioritise civilian safety.
Oluyede also disclosed that the Army is expanding training in counter-insurgency, urban warfare and cyber defence, while supporting reconstruction, peace-building and humanitarian efforts in conflict-affected areas.
A video of Prince Adeniyi Adeyemi Matthew, the man at the centre of the alleged ₦1.3bn “ghost agency” scandal, has resurfaced online on Monday as the controversy… pic.twitter.com/HdcvGX3ti6
Naijahelm: Nigerian-born Adeniyi Adeyemi, the newly elected President-General of the World Youth Organisation, on Monday, January 23rd assumed duty at the United Nations headquarters in Geneva, Switzerland.
Adeniyi Adeyemi would lead the affairs of youths across the globe for the next five years.
Adeyemi was a former aide of the eighth and former United Nation’s Secretary-General, Mr Ban Ki-moon, before his new position.
The new WYO President is a graduate of Agronomy from Ladoke Akintola University of Technology (LAUTECH), Ogbomoso in Nigeria, and Accounting from the Western University of Ontario in Canada.
Adeyemi, a Chartered Accountant, was the former Accounting Officer to the late Ooni of Ife, Oba Okunade Sijuwade.
AndroBlaze: Oga stop making noise, the guy has been a fraudster fom day one....their are articles all over about him doing fraud during his student days.
If we have been arresting/punishing parents for the rubbish the children they train do (like the Bible and African cultures did in the past), we would not have the preponderance of problems we have like terrorism, kidnappers, useless politicians , yahoo, hookup girls and so on.....we support/defend rubbish to much in this country for the sake of money and fleeting fame.
Agriculture › Re: Twin Brothers Reveal Their Catfish Farm Earnings In Abuja (Video) by AlphaTaikun: 11:38pm On Jul 07
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