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Politics / Re: Gowon: Nigeria Would Have Been Better If Yar’adua Had Completed His Tenure by EKONGKING: 7:30am On May 07 |
Gowon of all people . The man who sold his people for wad of cash. 8 Likes 1 Share |
Crime / Re: How I Killed My Cousin, Friend, 3 Others For Rituals - Fruit Seller Confesses by EKONGKING: 7:27am On May 07 |
Just kill them , these people don't deserve to life and walk on earth. 4 Likes |
Politics / Re: Shettima Aborts US Trip, Blames Faulty Aircraft by EKONGKING: 7:23am On May 07 |
Nigeria oooo 1 Like |
Politics / Re: APM Terminals Confirm Plans To Invest $500 Million In Port Upgrade by EKONGKING: 3:27pm On May 03 |
Let the wailing by obedient begin 6 Likes |
Politics / Re: Petrol Scarcity Worsens Nationwide by EKONGKING: 8:38am On Apr 29 |
Ok |
Politics / Re: Nigerians Are Brainwashed According To South Africans by EKONGKING: 12:39am On Apr 29 |
South Africa itself is on way to becoming a failed nation. Asian countries like India,Indonesia, Vietnam etc are marching forward. While South Africa with so much head start is on a dick measuring contests. 4 Likes |
Politics / Re: Petrol Stations Shut Down In Kano As Fuel Scarcity Bites Harder by EKONGKING: 8:30pm On Apr 28 |
If things continue like this in next 2 years, Nigeria will either disintegrate or be a failed nation like Congo or Somalia . Lets not pretend or deceive ourself or blame other people by tagging them as enemy of nation . Restructuring Nigeria is only path forward or else it leads to Disintegration or a failed state . 32 Likes 4 Shares |
Crime / Re: Cocaine Trafficking: Two Drug Dealers Sentenced To Life Imprisonment by EKONGKING: 11:59am On Apr 28 |
Businessman aka developers busy with developing all the countries in world except their land in south east . 15 Likes 1 Share |
Travel / Re: Five Killed, Over 70 Cars Burnt As Tanker Explodes In Rivers by EKONGKING: 11:05am On Apr 27 |
Why do petrol laden lorries crash like literally every month and kill people . we dont hear these reports from other African countries talk less of western and Asian countries. |
Politics / Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by EKONGKING: 10:17am On Apr 27 |
ok |
Travel / Re: Many People & 100 Vehicles Burnt In Eleme, Rivers Fuel Tankers Explosions by EKONGKING: 8:57am On Apr 27 |
Why do we not hear these type of accidents in other African countries. Why only in Nigeria these happen monthly 31 Likes 2 Shares |
Foreign Affairs / Re: External Foriegn Reserves By Country As At 1st March 2024 by EKONGKING: 4:38pm On Apr 25 |
ThBoss: Calculate in billions . 1 billion is 1000 million so It's 643 billion dollars Similarly for Nigeria it's 34.9 billion 1 Like |
Foreign Affairs / Re: External Foriegn Reserves By Country As At 1st March 2024 by EKONGKING: 11:07am On Apr 25 |
chccho: yes, its seems u r reading incorrectly or just google Indian reserves . 1 Like |
Foreign Affairs / Re: External Foriegn Reserves By Country As At 1st March 2024 by EKONGKING: 7:37pm On Apr 24 |
Wow India at 645 billion dollars in reserve is a surprise . India is really marching forward . 42 Likes 2 Shares |
Travel / Re: 2 Navy Helicopters Collide Mid-Air In Malaysia, 10 Dead (Photos, Video) by EKONGKING: 12:25pm On Apr 23 |
Some groups of people will be disappointed that they could not blame Tinubu for this incident 3 Likes |
Politics / Re: Refute: Otti And His American Tales By Moonlight by EKONGKING: 12:21pm On Apr 23 |
yarimo: Good one |
Politics / Re: Refute: Otti And His American Tales By Moonlight by EKONGKING: 12:16pm On Apr 23 |
Who has given honorific title of Sir to the spokesman, is it Queen or king of U.K. Nigerian politicians and their penchant for stupid titles which they award to themselves just to satisfy their moronic ego |
Politics / Re: It Is Time We Nigerians Stop Celebrating Mediocrity by EKONGKING: 12:00am On Apr 17 |
jazzman7711: If u want to wallow yourself with ignorance , nobody will stop you . Post urself to Ignorance . 1 Like |
Politics / Re: It Is Time We Nigerians Stop Celebrating Mediocrity by EKONGKING: 11:46pm On Apr 16 |
jazzman7711: Who are we , I support Tinubu and absolutely have hated Buhari for his misgovernance , Transformation of Nigeria is a absolutely necessary , it sucks when a country like India is achieving much , while our own is a big laggard . 1 Like |
Politics / Re: It Is Time We Nigerians Stop Celebrating Mediocrity by EKONGKING: 11:32pm On Apr 16 |
jazzman7711: Thats a defeatist argument , Show the pictures of IT hubs and modern Infrastructure .Any western idiots will show the Makoko slum and says this is Nigeria and Lagos as a whole . India is never a heaven ,but they are getting something right . 5 Likes 1 Share |
Politics / Re: It Is Time We Nigerians Stop Celebrating Mediocrity by EKONGKING: 11:12pm On Apr 16 |
India is the fastest growing major economy in world at 8.4 in last quarter , Check out all stats from world bank to IMF. What Modi achieved is truly remarkable in short span of 10 years , India has lot more to go as it will be third largest economy of the world in 2 years . Lets hope Nigeria will be truly great ,by following on footsteps of two Asian giants ,Instead of blindly following western countries . Iam based in India for past 15 years and i can witness the transformation going on . 1 Like |
Politics / Re: Keep Your Dollars Closer! - Aisha Yesufu by EKONGKING: 7:13pm On Apr 16 |
Useless advice from useless person 266 Likes 24 Shares |
Politics / Re: Lagos-calabar Coastal Highway by EKONGKING: 5:50pm On Apr 16 |
Both projects are not comparable, since the Indian one has tunnels as well many interchanges I have seen Mumbai project video and it is truly a wonderful project. We need more infrastructure in Nigeria, people just need to get out of negative mindset and support development instead of relying only on subsidised things . Development of infrastructure is the only path for Nigeria to attain prosperity |
Politics / Re: Nigeria Struggling To Find Oil Buyers For 30 Cargoes by EKONGKING: 8:20am On Apr 13 |
We need to have strong relationship with India and china ,they are the one driving the world economy. 17 Likes |
Politics / Top Countries By Foreign Exchange Reserves by EKONGKING: 12:01pm On Apr 10 |
Dive into the world of foreign exchange reserves, explaining what they are, why countries hold them, and highlighting the top reserve holders globally. Foreign exchange reserves, also known as forex reserves, are essentially a nation’s savings account held in foreign currencies. Countries accumulate these reserves for several reasons, including: Maintaining a stable exchange rate: By selling foreign reserves, a central bank can buy its own currency in the foreign exchange market, thus influencing the exchange rate. Managing international payments: Countries use forex reserves to settle international transactions, such as imports of goods and services. Providing a buffer during economic downturns: Forex reserves can be used to support the economy during times of financial crisis. Top 10 Foreign Exchange Reserve Holders (as of Dec’23) The list is dominated by Asian economies, with China holding the top spot by a significant margin. Here’s a breakdown of the top 10 Rank Country Foreign Exchange Reserves (USD Billion) 1 China 3,238.00 2 Japan 1,160.00 3 Switzerland 780.00 4 India 623.00 5 Taiwan 571.00 6 Saudi Arabia 493.00 7 Hong Kong 426.00 8 South Korea 420.00 9 Russia 414.00 10 Brazil 323.00 Why China Reigns Supreme China’s massive forex reserves can be attributed to several factors, including: Trade surplus: China has consistently run a trade surplus, meaning it exports more goods and services than it imports. This generates a large inflow of foreign currency, which the country adds to its reserves. Foreign direct investment (FDI): China has attracted a significant amount of FDI over the years, further bolstering its forex reserves. Currency intervention: The Chinese government has intervened in the foreign exchange market to maintain a stable exchange rate for the yuan. This often involves buying US dollars, adding to the country’s reserves. The United States, the world’s largest economy, surprisingly holds a relatively low amount of forex reserves ($36.4 billion as of January 2024). This is because the US dollar is the world’s dominant reserve currency, meaning other countries hold a significant amount of US dollar-denominated assets. The composition of forex reserves can also be important. While a large portion of reserves are typically held in US dollars, other major currencies like the euro and the Japanese yen are also common. https://www.angelone.in/blog/top-countries-by-foreign-exchange-reserves Wikipedia has latest march update of all countries . https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves |
Politics / Re: A Tale Of 2 Borehole Water Supply by EKONGKING: 2:37pm On Apr 09 |
Ok |
Politics / Re: NPA Helpless As Warri Indigenes Kill Delta Ports With N4,000 Illegal Fees by EKONGKING: 5:22pm On Apr 07 |
Have they blamed Tinubu for this? 17 Likes 3 Shares |
Politics / Re: Gunmen Invade Kogi Communities, 19 Feared Killed, Houses Razed by EKONGKING: 12:54pm On Apr 05 |
After Americans never seen more clueless and dumb beings than the middle belt people. Just like American knows the senseless violence and killings are caused by guns and refuse to do anything about it ditto the middle belt people ,they know who there enemies are,but they refuse to confront them . So like a good politician after every killings. My thoughts and prayers are with deceased. 1 Like |
Crime / Re: Court Detains Suspected Nigerian ISIS Member, Emmanuel Osase For 60 Days by EKONGKING: 6:49am On Apr 04 |
Most probably an obedient wanting to destroy Nigeria as his leader lost the poll 4 Likes 1 Share |
Politics / Re: NLC, CSOs Reject Electricity Tariff Hike by EKONGKING: 6:34am On Apr 04 |
I cannot understand how poor and middle class survive in Nigeria . Majority of people will prefer to live in a ant of a country then in a giant of a country with no facilities. 6 Likes |
Politics / Re: No Enough Crude For P/harcourt Refinery, Others – Minister by EKONGKING: 4:20pm On Mar 27 |
Nigeria, a country known for boastful ,naive business men, politicians and common people . People where shouting from rooftops that they have worlds largest refinery on a single train or whatever . These people forgot about availability of crude oil and remembered after the completion of the construction. How dumb people can be News like these ridicule the image of a country 1 Like 1 Share |
Travel / Re: You want to COME TO AMERICA - Do You REALLY Know America? by EKONGKING: 7:36am On Mar 15 |
ozoemeka: |
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