₦airaland Forum

ganisucks:

News Flash

President Bola Tinubu Receives Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom James Cleverly in the State House. pic.twitter.com/x1wzpY7gl4

— NTANetwork (@NTANewsNow) August 2, 2023

E good as you an obidient is the one pasting some of this tinubu news. A man you never thought will win, but you are now accepting reality.

Good! I'm in support of the one day protest but am against strike. The government should be giving some time

Depriest2020:
Try and update yourself with realities. Peter Obi no longer owns NEXT supermarket, he has sold the franchise to his brother.

Lol

He sold it to his brother indeed

Sanctions should be place on Mali, Niger and Burkina Faso

Minjim:
I hope you know there is a video of the woman on Twitter addressing the Super Falcon and telling them the reason is solely because of them

did FIFA claim they are paying directly to teams because of the Nigerian Government? Show me FIFA releasing such a statement.

izombie:
So your only issue here is nigerian government. I wonder what government NFF is under. You guys are pathetic. You are a tinubu supporter but does that mean you don't know what is good and what is bad?

What's the problem of some of you guys in life? The OP posted a fake thread title and I called him out for it. This is the same way people like you believe Buhari is dead

nonhuman:
go to bokina and make findings

Why 8s the OP posting about it on Nairaland?

So what has he being doing differently from the civilian government?

Failed protest

They should not block the road. That's the koko for me

MASTAkiLLAh:
they must chase o because I don't understand this madness from agbado îmbeciles every fùckin day yet seun and his moderators do absolutely nothing. Agbado idiôts should come out with their chests and say what they really want to say let everyone be at alert or do they think if there were really functional ports around the SE for these traders, they would have a chance to threaten the lives of Igbo people ? Look at the nonsense that happened during the governorship elections, no statement or apologies. Fùckin hypocrites

What exactly are you trying to say bobo? I do not understand what you're wailing bitterly about.

MASTAkiLLAh:
This same thread from yesterday and like I said, if dem born your mama well, then pursue them from Lagos as they get to the motor parks

No one will chase anybody base on One Nigeria.

vowiski:
You were too blind to see government rescue team and the escavtors?

You also don't know insurance is paying for most of the damaged properties?

What then do you know?

So the Nigerian Government do not have a rescue team and Nigerians do not insure their properties abi

001Lagos:
stop supporting corruption

Stop pasting fake headlines

Penguin2:
Why would they be begging?

I thought Agbado Munchers said everyone has pulled out from the protest?

That the protest will happen in Southeast.

Idiots thought their stupid tribal card will work on NLC without knowing that the entire country already knows their stupid game.

And being fools that they are, they always end up playing the same game because they are so braindead to come up with anything new.

Ndi ala!

Have you join the protesters?

nnachukz:
Who pays allowances to our players? Before you say NFF or whatever, remember that they are under the ministry of sports and government manages that ministry.

There's no where in the article that fifa claim they are taken the step because of the Nigerian Government.

gidgiddy:
Mali, Guinea and Niger are not 25 nautical miles from the ocean like the South East

So it is only countries that are 25 Nautical miles which is about 40-50km from the ocean that are not landlock? The Rivers do not pass through Igbo land alone

Congratulation to her.

001Lagos:
By Adekunle Sulaimon

World football body FIFA has announced its plan to pay prize money directly into the players’ accounts of the winners of the ongoing women’s World Cup in Australia/New Zealand.

FIFA Secretary-General, Fatma Samoura, confirmed this in a viral video on social media saying the policy change is due to unpaid allowance issues involving Nigeria’s Super Falcons.

The Falcons head coach, Randy Waldrum, had earlier revealed that some players were owed “per diem and bonuses” from two years ago.

The development caused a stir and almost affected the preparation of the Super Falcon players with most of them insisting on missing the training to protest their unpaid bonuses.

However, in the video, Samoura acknowledged that “things have been tough” for the Falcons.

Waldrum not afraid of potential England clash
She added that FIFA for the first time would monitor that match bonuses got to the players directly.

“I know that things have been tough. We have to face the realities of Nigeria. It pains me a lot. It is because of you (the Super Falcons) that, for the first time, the prize money has been ring-fenced in the history of FIFA to ensure that it goes to you,” the FIFA secretary-general said.

https://punchng.com/super-falcons-fifa-to-pay-world-cup-prize-directly-to-players/

Nlfpmod

There's no where in the article fifa claim they are doing it because of the Nigerian Government. Seun, Mynd44 should adjust the topic of your thread.

gidgiddy:
Let us never forget that Nigeria is the colonial creation of the white man. The ethnic nationalities that constitute Nigeria were ambushed into a colonial project called Nigeria in 1914. All the ethnic nationalities have had over 100 years to assess if Nigeria works for them and it is their right of self determination to decide if they want to continue being part of Nigeria, or opt for independence

I believe that Nigeria has been an unmitigated disaster and the Igbo nation should seek independence. Nigeria should give the Igbo nation referendum for them to decide if they want to remain part of Nigeria, no enforced unity ever ends well. Igbos have fought war, they have agitated and shown Nigeria and the wider world that a significant population amongst them want independence from Nigeria

Assuming the South East is what gains independence from Nigeria as Biafra, what happens next? Igbo leaders will hold a constitutional conference to draw up a long term political and economic plan, as well as the terms of engagement with Nigeria and the wider world

Nobody is saying it will be easy in the beginning, but I trust my Igbo people, they will make a success of it

I laugh when people say the South East is landlocked, far from it. A lot of people dont know that that there is no land between Abia State and the ocean. Azumini blue River runs from Abia to the ocean, demarcating Rivers State and Akwa Ibom. River ports can also be built at Oguta, in addition to the one at Onitsha

The South East is so close the ocean, and has many tributaries and waterways running from it to the ocean that it is virtually impossible for them not to have full access to the ocean with the right investment

This is just like Niger, Mali or Guinea claiming they are not landlock because of the River Niger.

yinkus6750:
A francophone country is where we are conjoined to.
It's okay.
And we can't coopt with better advanced countries.

Must you people complain about everything? 😕

marlow1962:
Do you know that Ibrahim Traoré of Burkina Faso is now the world youngest president?
Why do Nigerians keep recycling same corrupt old cargos?

No b by youngest president

001Lagos:
Fake news

The strike will hold

One day protest not a strike

peekspot:
‘SIGNATURE FORGERY’

On her part, Muheeba Dankaka, chairman, Federal Character Commission (FCC), said some staff of the commission forged her signature to give fake letters of employment to unsuspecting Nigerians.

Dankaka said she was accused by some comissioners of the FCC of job racketeering, involving the recruitment of some persons in a manner that was not in tandem with extant laws.

According to Dankaka, some persons in the commission “forged her signature to give fake letters of employment”.

https://www.thecable.ng/fgs-personnel-cost-now-over-n5trn-says-ben-akabueze/amp

Why did the committee fail to ask mrs muheeba dankaka what she has done about the people who forged her signature

They are not recognize by Labour. I see no big issue if NLC decide to protest across the 36 States and the FCT tomorrow. I will only be against the protest if it holds only in Lagos state alone. And the protesters shouldn't block the road.

MTN Nigeria Plc released its 2023 second-quarter results showing pre-tax profits fell a whopping 64% to N44.6 billion.

This took its half-year profits to N200.3 billion compared to N268.6 billion same period in 2022.

Like most companies in Nigeria, MTN also suffered a foreign exchange loss of N131.4 billion which dragged profits down.

Key highlights Q2 results

Revenue N590.6 billion +23.3% YoY
Gross Profit N393.5 billion +22.9% YoY
Operating Profits N214.9 billion +24.3% YoY
Pre-tax profits N44.6 billion -64.3% YoY
Forex losses of N131.4 billion
Finance cost N182 billion +259% YoY
Total debts N855 billion vs N689.6 billion (December 2022)
Net Assets N258.2 billion vs N355.6 billion (December 2022)
Working capital -N588.7 billion
Gross margins 2023 Q2 66.64% vs 66.84% YoY
Operating profit margin 2023 Q2 36.4% vs 36.1% YoY
Earnings per share 2023 Q2 N1.35 vs N4.17 YoY
Proposed dividends N5.6/share
Other key details Half-year

News continues after this ad


EBITDA Half year N614.5 billion +20.6% YoY grew by 20.6%
to N614.5 billion
EBITDA margin (half year) declined by 0.6 percentage points (pp) to 53.0%
Mobile subscribers 77.1 million +4% YoY
Data users 41 million +11.5%
Active mobile money (MoMo PSB) wallets 3.1 million, +1.1 million YoY
Total data traffic +45.6%,4G traffic constituted 82.5% (up by 5.2pp) and 5G constituted 21% on all 5G-colocated clusters.
Company commentary – MTN reported that the Central Bank of Nigeria’s recent forex operations changes caused a significant 60% movement in the exchange rate to N756.24/US$ by the end of June 2023.

Although the immediate impact resulted in unrealized forex losses for H1, the company believes that the liberalization of the forex regime and removal of the fuel subsidy will attract international capital, drive foreign direct investment, and have a net positive effect on their longer-term outlook.
The EBITDA margin was not materially impacted in H1 due to the nature of their tower contracts, but the full exchange rate impact is expected to be felt in H2.
A 10% exchange rate movement could directly reduce the EBITDA margin by approximately 1.3 percentage points.
The impact on finance costs in H2 will depend on further exchange rate variations during that period.
See more commentary here
Insights: The unification of the exchange rate had an adverse effect on MTN’s results, leading to a significant paper loss of N131.4 billion.

Although these losses are yet to be realized, accounting regulations necessitate their recognition due to the potential likelihood of them materializing.
Despite this challenge, MTN’s report highlighted robust operating profit margins, indicating the strength of its business model.

https://nairametrics.com/2023/07/29/breaking-mtn-incurs-n131-4-billion-in-forex-losses-earnings-decline-64/

Driggs:
You are a mumu and a Tinubu slave.. the strike starts off tomorrow 2nd Aug.. tell your ogas that you too mumu

Is not a strike but a protest

No serious country will support the coupist

A big waste of time and money

BigRocky:
I don't know If they are kalabaris,a criminal element like asari can recruit boys from anywhere in Nigeria...

Did you not see a recent video of asari addressing his group of private mecenaries in Abuja?

Keep acting blind until you eventually go blind.

Prove they are killing people like IPOB have been doing

Watcharena:
a suffocated Nigeria want to suffocate another country

Nigeria is better than Niger.

ken6488:
fucking western puppet you forgot the fact Algeria Mali faso border niger

so why have they not been exporting from this countries?