Celestialsword's Posts
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1. You're a gem. No one has the right to make you feel worthless. You better not waste yourself trying to keep someone who doesn't intend to love you. 2. He/she doesn't care anymore. Someone who genuinely cares for you will never let you beg. Because every drop of your tears will hurt him. 3. You cannot force someone to stay. Even if you give everything you have or say everything in your heart, anyone who no longer want you will persistently leave. 4. He/she don't deserve you. Believe it when somebody tells you that you deserve better. Look for what you deserve, there's so much things out there and you'll realize that pain is not one of the things that you deserve. 5. You're disrespecting yourself when you beg for someone's love and attention. Remember that sometimes when somebody leave and hurt you, self-respect is the only thing that's left for you. Please don't lose it. 6. Someone who loves you will never leave you hanging. No matter how hard the situation is, the ones who want to be with you will find ways to stay with you. You will never be abandoned by the ones who love you. 7. You deserve happiness. Be honest to yourself, how many times did you settle for less? Embrace the pain and know that you deserve to be happy again. Note: Find someone who will always choose to stay. Don't beg nor chase someone who loves running away from you. |
Highest paid Afrobeat Artist. 1. Davido $10 million (Fifa World Cup) 2. Rema $1million (Balon d’or ceremony) 3. Tems $500k (NBA all star game) 4. Burna boy $100k (Grammy award show) 5. Wizkid $50k (World tennis league) |
Lovely morning DOLLY PARTON "Coat Of Many Colours" 1971 Classic. Back through the years I go wonderin' once again Back to the seasons of my youth And I recall a box of rags that someone gave us And how my momma put the rags to use There were rags of many colors And every piece was small And I didn't have a coat And it was way down in the fall Momma sewed the rags together Sewin' every piece with love She made my coat of many colors That I was so proud of And while she sewed, she told a storm From the Bible, she had read About a coat of many colors Joseph wore And then she said I hope this coat will bring you Good luck and happiness And I just couldn't wait to wear it And momma blessed it with a kiss My coat of many colors that my momma made for me Made only from rags but I wore it so proudly Although we had no money oh I was rich as I could be In my coat of many colors momma made for me So with patches on my britches, Holes in both my shoes In my coat of many colors I hurried off to school Just to find the others laughing and making fun of me and my coat of many colors my momma made for me And oh I couldn't understand that Cause I thought I was rich And then I told them of the love My momma sewed in every stitch And I told 'em all the story Momma told me while she sewed And why my coat of many colors was worth more than all their clothes They didn't understand it and I tried to make them see One is only poor only if you choose to be It is true we had no money but I was rich as I could be In my coat of many colors momma made for me Made just for me..... |
nsiba:Yes the oil money gotten from the Niger Delta state are used to feed the whole country. That's why they are against restructuring |
Creditalerts:over bloated salaries,this is one of the ways to loot government fund |
What is the essence of creating States when they do not have the resources for self sustainability. And some are still agitating for more state,does creation of more states add value to the live of the masses. The government should merged some states as they are not qualified to be one. So, many states cannot survive if states are allowed to control their resources. |
okosodo:You can see that nigeria has the largest economy in Africa with a very high GDP. Nigeria problem is tribalism and corruption |
African economies face challenges such as poverty, inequality, corruption, and conflict, but they also benefit from a young, expanding population, enormous resources, and growing global linkages. Governments strive for advancement by investing in education, healthcare, and infrastructure, all while maintaining regional peace and stability. From Nigeria, the continent’s largest economy, to the vibrant economic landscapes of Egypt, South Africa, and beyond, these nations influence regional dynamics and leave a lasting imprint on the global stage. These 10 economies are driving the continent’s economic growth and are becoming more significant in the global economy, according to trading economics. Nigeria Nigeria has Africa’s largest economy, with a GDP of $477.38 billion in 2023. Nigeria is a big oil producer with a population of more than 225 million people. Its economy is mostly driven by oil exports, rendering it sensitive to global oil price changes. Despite this, Nigeria has a booming services industry, a young population, and diversification possibilities. Egypt Egypt is Africa’s second-largest economy, with a GDP of $475.23 billion in 2023. With a millennia-long history, the country has a diverse economy, with agriculture, manufacturing, and services all playing important roles. Tourism is a significant contributor, attracting millions of visitors to experience the pyramids and temples. In 2023, the country’s population is estimated to be 113 million people. South Africa With a GDP of $405.71 billion in 2023, South Africa is Africa’s third-largest economy. It has a thriving mining industry, manufacturing, and a rising technological industry. However, the country is confronted with issues such as significant unemployment, the country’s population is estimated to be 61 million people. Algeria Algeria is the continent’s fourth-largest economy, with a GDP of $195.42 billion in 2023. Algeria has a population of about 44 million people and is a major oil producer.The Algerian economy is primarily reliant on hydrocarbon resources, specifically natural gas and oil. Despite this reliance, the government has worked to diversify the economy by investing in infrastructure and renewable energy. Morocco Morocco is Africa’s fifth-largest economy, with a GDP of $138.05 billion in 2023. Morocco is a popular tourist destination with a population of more than 37 million people. Morocco is well-known for its thriving culture and tourism industry. To lessen its dependency on agriculture, it has prioritized the development of its manufacturing industry, automotive sector, and renewable energy. Ethiopia Ethiopia is Africa’s sixth-largest economy, with a GDP of $120.37 billion in 2023. Ethiopia is one of the world’s fastest-growing economies and is witnessing rapid economic expansion, mainly in part to government investments in infrastructure and manufacturing. It has grown in popularity among overseas investors, the country’s population is estimated to be 115 million people. Kenya Kenya is Africa’s seventh-largest economy, with a GDP of $115.99 billion in 2023. Kenya’s population exceeds 55 million people. Kenya is an important participant in the East African area, with a burgeoning technological sector, agricultural exports, and a thriving tourism business centered on its gorgeous national parks and wildlife. Angola With a GDP of $121.42 billion in 2023, Angola is Africa’s eighth-largest economy. Angola is a major oil producer with a population of more than 33 million people, but the government has been promoting diversification, particularly in agriculture, mining, and manufacturing. Because of its strategic location on the Atlantic coast, it is an important player in trade and commerce. Tanzania Tanzania has Africa’s ninth-largest economy, with a GDP of $77.06 billion in 2023. Tanzania is a popular tourist destination with a thriving agricultural industry, as well as an abundance of natural resources such as minerals and agricultural products. The country has prioritized infrastructure, agriculture, and manufacturing development.Tanzania has a population of over 63 million people as well. Ghana Ghana is Africa’s tenth-largest economy, with a GDP of $72.84 billion in 2023. Ghana has a population of about 32 million people and is a significant exporter of gold and cocoa.Ghana is drawing major foreign investment due to its stable political climate and developing oil industry. The country has made significant progress in the development of its infrastructure, education, and healthcare sectors. The growth of the African economies is good news for the continent and for the world. Africa is a young and dynamic continent with a lot of potential. As the African economies continue to grow, they will create new opportunities for businesses and consumers around the world. The expansion of African economies is excellent news for the continent and the rest of the world. Africa is a vibrant and dynamic continent with enormous promise. As African economies expand, new opportunities for firms and consumers around the world will emerge. |
10.Bulgarian Lev 1 USD = 1.80 BGN The Bulgarian lev (BGN) maintains its position as a stable currency within the European region. Serving as the official currency of the Republic of Bulgaria since 1881, the lev has been a symbol of economic stability and resilience. With a current exchange rate of 1 USD = 1.8 BGN, the lev has demonstrated consistency in its value against the US dollar. Bulgaria's economy, while facing its own set of challenges, has shown remarkable resilience amidst global uncertainties. The country's strategic location and membership in the European Union provide a platform for economic growth and stability. However, like many nations, Bulgaria encountered economic challenges in recent years. The COVID-19 pandemic posed significant hurdles, affecting various sectors such as tourism and export industries. Despite these challenges, Bulgaria remains committed to diversification strategies and economic reforms to bolster resilience and ensure sustainable growth in the face of evolving global dynamics. 9=New Zealand dollar 1 USD = 1.64 NZD The New Zealand dollar (NZD) rightfully earns its place among the strongest currencies globally, and its strength has been on a continuous ascent. This upward trajectory can be attributed to several factors, including the nation's political stability, elevated interest rates, and robust GDP growth. New Zealand's commitment to economic freedom has positioned it prominently on The Heritage Foundation's Index of Economic Freedom, where it currently holds the third rank. This recognition underscores New Zealand's status as a champion of economic freedom on a global scale. The country's adherence to principles that foster economic growth, stability, and individual liberties contributes significantly to the strength of the New Zealand dollar. 8.Australian Dollar 1 USD = 1.53 AUD 13th on our list of Best Performing Currencies Against The US Dollar is Australia Dollar. The Australian dollar (AUD) serves as the official currency of Australia and extends its usage to encompass external territories and certain Pacific Island states. While not ranking as the most valuable currency globally, the AUD stands out for its notable value and exceptional stability. As the fifth most traded currency in the forex market, it commands approximately 6.8% of daily transactions. The popularity of the Australian dollar can be attributed to factors such as its currency stability, elevated interest rates, and the perceived advantages it offers in terms of diversification. 7.Canadian dollar 1 USD = 1.36 CAD The Canadian dollar (CAD), serving as the official currency of Canada, enjoys a prominent status among global currencies, particularly in central banks' foreign exchange reserves. This popularity is attributed to Canada's well-established legal and political stability, making the CAD a reliable choice for international transactions. In the realm of forex trading, the Canadian dollar is highly sought after, constituting approximately 5% of daily trades in the global foreign exchange market. Its liquidity and stability contribute to its widespread use in currency markets. As of March 2024, economic indicators show a positive trend in the Canadian manufacturing sector. The S&P Global Canada Manufacturing Purchasing Managers’ Index reported a seasonally adjusted increase from 48.3 in January to 49.7 in February. This marks its highest level since April, signifying potential improvements in manufacturing activities. Such data suggests resilience and positive momentum in Canada's industrial landscape, which can have broader implications for the overall economic performance of the country. 6. Singapore Dollar 1 USD = 1.34 SGD The Singapore dollar (SGD) stands as the official currency of Singapore, and it is also utilized in Brunei. With an exchange rate of approximately 1.34 Singaporean dollars to 1 US dollar, the SGD is deemed relatively robust, reflecting its perceived strength in the international currency market. Despite not being the most traded currency, it holds a notable position as the 13th most traded on the foreign exchange market, accounting for around 1.8% of daily forex transactions. This indicates a substantial level of global economic activity involving the Singapore dollar. Singapore Dollar is 11th on our list of Best Performing Currencies Against The US Dollar. 5. Brunei dollar 1 USD = 1.34 BND The Brunei dollar (BND) is tenth on the list of Best Performing Currencies Against The US Dollar. It has served as the official currency for the Sultanate of Brunei since 1967. Notably, the Brunei dollar and the Singapore dollar are interchangeable at face value, with both currencies being recognized as legal tender in each respective country. In terms of economic developments, Brunei faced challenges in 2023 as its economy remained stagnant following the global impact of the COVID-19 pandemic. The country's reliance on hydrocarbon production, particularly crude oil, contributed to economic challenges. Declines in crude oil production and a downturn in the tourism sector further hampered economic growth during this period. The combination of these factors underscores the vulnerability of Brunei's economy to external shocks, emphasizing the need for diversification strategies and resilience in the face of global uncertainties. 4. Euro 1 USD = 0.92 EUR The euro (EUR) serves as the official currency for the Eurozone, encompassing 20 out of the 27 European Union member countries, and is placed 9th on our list of Best Performing Currencies Against The US Dollar. Introduced in physical form in 2002, the euro operates as a free-floating currency. Notable countries using it include Germany, France, and Spain. As the world's second reserve currency, the euro ranks as the second most traded currency globally, trailing only the US dollar. The EUR/USD, known as 'Fiber,' stands out as the most traded forex pair, representing nearly a quarter of daily forex transactions. 3.Swiss Franc 1 USD = 0.88 CHF The Swiss franc (CHF) holds the status of the official legal tender in both Switzerland and Liechtenstein. Renowned for its stability, the Swiss franc is considered a safe haven currency, a reputation it earns from Switzerland's long standing political stability. Introduced in 1850, the currency experienced a brief period of being pegged to the euro before transitioning to a free-floating exchange rate. Switzerland, recognized as one of the most stable and affluent nations globally, further enhances the Swiss franc's appeal. It serves as a safe haven for investors during periods of economic uncertainty, joining the ranks of other renowned safe-haven currencies like the US dollar (USD) and the Japanese yen (JPY). In the global financial landscape, the Swiss franc is a significant player, holding the position as the 7th most traded currency. Its popularity in international markets underscores its importance in global trade and finance, reflecting both its stability and the confidence investors place in it during times of economic turbulence. 2.Cayman Island Dollars 1 USD = 0.83 KYD The Cayman Islands, a British territory in the Caribbean, operates as a prominent offshore financial centre. The local currency, the Cayman Islands dollar (KYD), was introduced in the 1970s and is pegged to the US dollar, with an exchange rate of approximately 0.83 Cayman Islands dollars for 1 US dollar. This pegging makes it the sole and robust currency among Caribbean nations. The exchange rate has been regulated by the 1974 Currency Law, updating the parity between KYD and the US dollar to KYD $1 = US $1.20. This legal framework, established in 1974, remains in effect, ensuring the stability of the Cayman Islands dollar relative to the US dollar. 1. Gibraltar Pound 1 USD = 0.79 GIP Sixth on our list of 15 Best Performing Currencies Against The US Dollar is Gibraltar Pound. The Gibraltar pound (GIP) is recognized as the joint fifth-strongest currency globally, with an exchange rate of 1 Gibraltar pound buying 1.27 US dollars (or US$1 equals 0.79 Gibraltar pounds). Situated at the southern tip of Spain, Gibraltar is officially a British territory. The Gibraltar pound, introduced in the 1920s, is pegged to the British pound at par, meaning that one GIP equals one GBP. While notes and coins in circulation use British names, they feature distinct designs and are only accepted within Gibraltar. The GIP is not officially recognized in the United Kingdom, but it can be exchanged for British pound sterling notes at a one-to-one ratio. Gibraltar's economy is diversified, encompassing financial services, online gaming, navigation, and tourism. The country also serves as a significant port in the Mediterranean Sea, with bunkering (fuel supply to ships) being another key industry. |
Day169:Giving is not only money but time and reasources ,it is a fact. |
MOG6670:This is quite common with the women folks |
The government and the masses are not sincere, Even if this true, will the process be without corruption |
Leadership News Orphanages And Child Trafficking Written by Leadership News The Mandate Secretary of the Federal Capital Territory (FCT) Women Affairs Secretariat, Mrs Adedayo Benjamins-Laniyi, disclosed recently, that the FCT Administration had sealed off an orphanage in Karonmajigi, the Priesthood Orphanage, after 23 children, aged 1 – 14 years, allegedly trafficked from Plateau state were supposedly rescued from the orphanage. She also added that the FCT Minister, Nyesom Wike, had authorised the Secretariat to profile and recertify orphanages operating within the nation’s capital. But, this case is not an isolated one as issues of orphan abuses in orphanage homes have become a recurring decimal in the nation’s polity. Before this development, we recall that in 2017, the FCTA had also clamped down on illegal orphanages operating in the city over alleged negligence and other nefarious acts. Repeatedly, operators of orphanage homes in Nigeria have been accused of inappropriate behaviour that often run contrary to laid down rules on how such charity homes ought to operate. While some of these homes are said to be involved in selling (not given out on adoption) the children under their care, others are accused of subjecting the children to diverse abuse, hard labour and traffickiing It has also been discovered that most of the homes are operating under conditions that are injurious to the health of the children. It is sad to note that some of these homes lack of toilet facilities, potable water and healthy food. In most cases, the rooms are not only crowded but are not properly ventilated. These children, raised under such conditions, face enormous challenges to their health and development. A National Population Commission, Federal Republic of Nigeria, and ICF International 2013 report claim that an estimated 95 percent of these children do not receive any type of medical, emotional, social, material, or school-related assistance. In fairness to some operators of these orphanages, they provide these services under the harsh economic situation the nation has been exposed to. Without government assistance and insufficient public awareness, they complain about poor funding and other materials to properly take care of the children. This newspaper is aware that, over the years, not much attention has been paid to orphanages in Nigeria, leaving their operators to struggle on their own and most times go cap in hand to beg for funds to pay salaries, provide health care, pay school fees and maintain their facilities. The state of insecurity in the country has also engulfed these orphanage homes as kidnappers have now included them in their checklist for terror-related activities. They now raid orphanages to abduct children for ransom. For instance, two babies were stolen from the Jehovah Jireh Orphanage, Orlu, Imo State, in 2019 and in 2020, another orphanage was robbed in Ibadan, Oyo State and when the robbers couldn’t get the age grade of the children they wanted, they went on rampage, destroying things, attacking staff members. This year 2024, another orphanage, Rachael Home and Orphanage, in Abuja, was raided at gunpoint at midnight, and seven children were kidnapped. In some of these cases, it was so easy for the robbers and kidnappers to raid the referenced facilities because most orphanages lack the adequate funding to provide well-fortified structures for the safety of the children and prevent crime. In 2015, the Federal Ministry of Women Affairs and Social Development estimated that there were about 17.5million orphans and vulnerable children in a nation of about approximately 200 million people. Sadly, in our opinion, that is close to nine percent of the population and this number has increased over the years due to violence, conflicts and communal clashes in different parts of the country. India, China and Nigeria rank at the top of countries with highest number of orphans, primarily due to their large population and challenges like poverty, disease, and conflicts. However, the number of these orphans in orphanages are not well-documented as there are no current statistics to that effect but government-operated homes are less than five per cent while 95 per cent of this figure are in private homes. The thinking in government circles seem to be that the operators of these orphanages are philanthropists with the spirit to help such handicapped children as a way of helping the society. Even at that, those publicly- funded homes are not fairing any better. Unfortunately people have turned it into business and the children as articles of trade. Last year, the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) revealed how some orphanage homes in the country engage in child trafficking, claiming to have recovered 75 children trafficked by an Abuja orphanage home. But this newspaper is aware that determining accurate statistics is difficult because so many occurrences of human trafficking go undiscovered and undocumented. NAPTIP statistics from 2019 to 2022 indicate that 61 per cent of human trafficking in Nigeria happens internally, while 39 per cent is cross-border. Child labour is another form of modern slavery which occurs when a child is exploited for someone else’s gain. Internal trafficking often takes the form of recruitment and transportation of children from rural areas to urban and city centres for different forms of labour under exploitative conditions. Unfortunately, there is no post-institutional monitoring of what happens to children when they leave home for adoption and fostering. There is no monitoring in place to also check abuses, growing rates of illegal orphanages, trafficking and child merchandising, baby farming among others. In our opinion, a lot more needs to be done by government at all levels in order to stop the establishment of illegal orphanages especially as it is fast becoming big business of some sort. We urge the regulatory agencies and inspectorate departments that authorise these orphanages to monitor them effectively so as to eliminate the abuses. It is our considered opinion that they should be structured and mechanisms to check what they are doing put in place and enforced. |
To get a loan from the bank you need to prove that you don’t need a loan . The more you seek approval from others, the less you will get it. You can only be brave when you are afraid. We aren’t wired to be happy and fulfilled, but to be miserable and safe. Wisdom is realizing that you know so little. A king and a slave have the same duties i.e. to serve others. Whatever you think is stopping you from living the life you want is not stopping you, but only you. To receive more you must give more. People who can’t trust, can’t be trusted. The more you fail, the more likely you are to succeed. Working hard doesn't make you successful. Bringing value to the marketplace does. That's why a IndecentStar with a billion views on PornHub makes more money than a hooker in Las Vegas. Find a way to automate what you do. The more you try to stay afloat the more you sink. The more afraid you are of death, the less you’ll be able to enjoy life. The more you learn, the more you realize how little you know. We love romance, but we don’t love being romantic. |
Must Peter Obi comment on all issues |
ifinger:A man mustn't tell his wife everything, women are too emotionally wired |
1. He has a victim mentality. 2. Complaints instead of fixing his problems. 3. He's easily influenced and always looking for validation from others. 4. He can't control his sexual urges and food cravings. 5. Has weak eye contact, sloppy handshake, and is afraid to stand for what he believes in. 6. He's a nice guy who's always available. 7. He believes his parents are responsible for his miserable life. 8. If he smokes weed he's a weak man. 9. He distracts himself with pleasure and has no purpose in life. 10. He can't control his emotions and gets easily offended. 11. He is desperate and puts women on a pedestal. 12. Like gossiping about others. 13. He's fat and in terrible shape but doing nothing about it. 14. Lack of self-discipline to take action. 15. Give constant excuses and whine about his problems. |
Will they not go after other exchanges still operating in Nigeria |
As I reflect on the current state of Nigeria, I am amazed by the paradoxical economy that seems to defy logic and reason. Nigeria, a country blessed with abundant natural resources and potential for self-sufficiency, has become increasingly unaffordable for the average citizen, further blurring the invisible line between the rich, middle-class, and the poor. This question remains a priority if we are to delve deeper into the underlying factors driving this economic imbalance that has placed Nigeria on a scale of uncertainty. At the forefront of this alarming issue is the alarming inflation of cement prices, which have soared to unprecedented heights, surpassing 10,000 naira per bag. What perplexes me even more is the fact that all the raw materials for cement production, such as the gas for powering production plants, including limestone, are found in 14 states in Nigeria, including Sokoto, Gombe, Edo, Oyo, Plateau, Ogun, Cross-River, Akwa-Ibom, Bauchi, Enugu, Ebonyi, Benue, Ondo, and Kogi states; billions of metric tonnes of clay spread across Edo, Bauchi, Taraba, and others; and about 1 billion metric tonnes of gypsum found in Adamawa, Anambra, Bauchi, Bayelsa, Benue, Borno, Delta, Edo, Gombe, Imo, Kogi, Ondo, and Sokoto. Similarly troubling is the surge in iron prices, another key material in cement production, despite the presence of abundant iron ore reserves within our borders. States like Kogi, Enugu, and Niger are endowed with rich deposits of iron ore, highlighting our nation’s potential for self-sufficiency in iron production. Yet, the inexplicable escalation in iron prices raises questions about market manipulation and profiteering at the expense of the Nigerian populace. Essential minerals sourced locally in Nigeria are being sold at exorbitant prices, straining consumers’ budgets. In Nigeria, the cost of land to buy cement for construction is tripled, and trucks of sand are scarce. The price of locally produced cement is constantly rising, competing with the foreign rate at the top of the chart. This highlights the need for sustainable and affordable mineral sources in Nigeria. The price surge is causing inflation in Nigeria’s agricultural sector, causing affordability issues for locally produced rice. Despite government efforts to promote domestic production and reduce import reliance, the affordability crisis remains. Promoting local products could limit imports and increase exports, putting Nigeria in the global market and boosting its economy. The prices of locally grown rice in Nigeria have significantly increased, highlighting systemic inefficiencies and market distortions that threaten food security and increase economic hardship. The continuous dollar increments in states like Kebbi, Ebonyi, and Kano have sabotaged the accumulation of wealth, causing food security to be threatened and causing economic hardship. The exploitation of foreign exchange rates by traders to price essential commodities like pepper, palm oil, onions, and garri from locally sourced cassava further diminishes the purchasing power of ordinary Nigerians, exacerbates economic disparities, and widens the gap between the privileged few and the marginalised majority. This raises the question of whether Nigerians should blame the government for their economic struggles. The Nigerian economy’s downfall is causing pain and scorching for all Nigerians, regardless of their status. Traders’ greed for profit, disregarding its negative impact, pushes millions below poverty, blaming foreign exchange for the issue. This term is often misunderstood and does not directly impact locally sourced goods. I am reminded of the urgent need for decisive action to address the root causes of Nigeria’s economic woes. It is imperative that we hold accountable those responsible for price manipulation and market distortion while implementing targeted interventions to alleviate the burden on the most vulnerable segments of society. In the short term, I advocate for the regulation of executive orders allowing for the temporary importation of food, cement, and all essential items. This measure will provide much-needed relief to Nigerians grappling with inflated prices while enabling the government to address underlying supply chain inefficiencies and market distortions. Simultaneously, I call upon our elected representatives to collaborate on enacting legislation that safeguards consumers against exploitation and ensures fair and transparent pricing uniformity. By establishing clear guidelines and penalties for price increment and market manipulation, the government can foster a business environment that prioritises the well-being and prosperity of all Nigerians. In conclusion, the economic challenges facing Nigeria demand a coordinated and multifaceted response. As citizens, we must remain vigilant in holding our leaders and owners of the means of production accountable and advocating for policies that prioritise the needs of the people. Only through collective action and unwavering determination can we chart a path towards a more equitable and prosperous future for our beloved nation. Maxwell Adeyemi Adeleye, a Communication-for-Development Expert, sent in this piece from London, United Kingdom. He can be reached via maxwelladeleye@gmail.com Cc; Fergie001 mynd44 |
essentialone:yes |
essentialone:yes she's a single mother because her partner the husband is no longer with her Separation can happen through death or divorce |
This is a complete madness and not love |
essentialone:If she is not a "single"mother,then where's the father,is he still active are the dead husband's family the father. |
gamaliel9:which exchange are you using now |
Nigeria pumps almost 1.5 million barrels of crude oil a day, making it the continent’s biggest producer. Yet this petrodollar nation faces repeated shortages of hard currency that choke its economy. President Bola Tinubu, who took office in May 2023, has moved to overhaul the country’s foreign-exchange market and attract foreign capital, but the process has been bumpy. The value of the local naira currency has plummeted, driving up inflation, and the central bank has reacted by sharply increasing borrowing costs — at the risk of further stifling business activity. The country has suffered decades of political and economic mismanagement, its oil riches largely exploited for the benefit of a politically connected elite. Corruption is endemic, many state institutions are dysfunctional, while armed bandits and Islamist militants have free rein across swathes of the country’s north. About 40% of Nigeria’s 200 million people live in dire poverty, according to the World Bank, and the spike in living costs is adding to their ranks. Beside dollar shortages, businesses have to contend with perpetual policy uncertainty and power cuts. The government used 96% of the revenue it collected in 2022 to service its debt, leaving it with little to spend on anything else. Under its previous management, the central bank played a highly unorthodox role, providing loans to small businesses and introducing multiple exchange rates. The system was aimed at improving liquidity and encouraging dollar inflows, but it had the opposite effect and gave rise to a thriving parallel currency market. |
Ilamina:why do you have the thought of commiting suicide |
Former Nollywood actress, Cynthia Amadi has said that most Nigerians who travel abroad for greener pastures do so with the notion that it’s a bed of roses, and have preferences for the type of jobs they would rather do. Amadi said this in a session with media personality Daddy Freeze as a reaction to a recent video where someone described life abroad as tough and tasking. She said if an average Nigerian was asked to do the type of jobs she did upon her arrival in the United States of America, they would turn it down. According to her, although she now works with a Fortune 500 company, it was not a smooth ride as she also had to deal with racism and doing menial jobs. She listed some of the jobs to include being an Uber driver and taking care of aged foreigners. “Abroad is different for different people. If you ask me, abroad is the best thing that has happened to me. Abroad has given me back the years that I wasted in Nigeria. Looking back, I experienced some years of stagnation in Nigeria that I have reclaimed now. “What he said (video) is true to him. He is projecting his experience to the generality of the diaspora. “I clean oyinbo nyash (aged people’s buttocks). The thing is that so many people come here (abroad) with a lot of expectations. Bring a Nigerian who just arrived and try to show them how it is done and they will tell you ‘no’. Whatever you do when you get here does not define you. See it as a means to an end. See me today, Fortune 500 company. I’m sitting down and working in the comfort of my home. But when I came here I clean oyinbo nyash. “The first job I did when I got here was the job of a nanny. At the end of the day, we all came here to hustle. One thing is that, as long as you were not a US citizen when you were born, you must hustle. If you come here you must hustle. Forget the stories they tell you,” she said. The ex-banker further disclosed that she had to venture into ride-hailing services (Uber) when it dawned on her that she had to make ends meet after losing her first well-paying job. “The reason most Nigerians struggle when they arrive initially is because they came with a mindset and are picky when it comes to getting jobs. “From being a nanny, I became a CNA (Certified Nursing Assistant). From there I went into Uber. I had a well-paying job in a furniture company and felt I had arrived. I didn’t last long in that job because I was the youngest in the company and became uncomfortable with the way I was treated. “I bought a 2019 RAV 4 while at the job that I could no longer maintain, and I had to figure out a way to get by. I’m saying this because a lot of Nigerians like to pretend.” Vanguard © 2024 Vanguard Media Limited, Nigeria Exit mobile version |
Cryptocurrency trading platform Binance has removed the Nigerian currency, the naira, from its peer-to-peer (P2P) service as the Nigerian government seeks $10 billion in compensation amid a crackdown on the crypto exchange. In a BBC interview on March 1, Bayo Onanuga, President Bola Tinubu's special adviser, revealed the update about the compensation demand as part of efforts to stabilize the local currency. Onanuga said Binance would destroy the Nigerian economy if not stopped because it arbitrarily fixes foreign exchange rates. The P2P feature allows users, buyers and sellers to trade without involving a third party. It became popular in Nigeria in 2021 following the government’s ban on its thriving crypto industry during former President Muhammadu Buhari’s administration. Screenshot of a Binance user complaint on the X platform. Source: silasadedoyin Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services. These websites have become famous for trading and establishing an informal value for the naira. Crypto users in Nigeria had earlier reported difficulty accessing different crypto exchange websites, including Binance, OctaFX and others. A few days later, Binance set a limit on the selling price of Tether (USDT) tokens on its P2P platform, leaving traders unable to sell USDT above 1,802 naira per USDT. However, contrary to speculation by the local crypto community, the exchange explained that the price peg was due to an automatic system pause. Binance is under increased scrutiny in Nigeria as the Central Bank of Nigeria (CBN) expressed concerns about “suspicious flows” of funds through Binance Nigeria in 2023. CBN head Olayemi Cardoso highlighted that $26 billion had passed through Nigeria via Binance in 2023 from unidentified sources and users. There are also reports that the National Security Adviser’s office has detained two senior Binance officials in Abuja as the nation looks to crack down on cryptocurrency exchanges to tame the speculation about the naira. Local crypto analysts have expressed disappointment in the government’s unfriendly attitude toward crypto in resolving the nation’s foreign exchange challenge. A Nigerian crypto enthusiast said on X that the nation’s financial problems will persist if it continues antagonizing cryptocurrencies and failing to focus on manufacturing and exporting. |
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Feldie:That is where the major problem is,The Aboki in the streets are all relying on binnance |

