₦airaland Forum

DonBenny77:
Of course, not surprised since Kumuyi has embraced the Mamon gospel

All these men were together in SU and later PFN in the 60s and 70s and even 80s. Kumuyi has always been known for collaboration in evangelical outreach. Na teaching/doctrine dem dey shy.

Beautiful. Things we love to see.

LagosOrigin:
I think at this point, atiku should thrown in the towel and support Mr Peter Obi because he's been rejected all around .


Above is the trending video of senator Ned nwoko campaigning for atiku abubakar in delta state , but the crowds rejected atiku and decided to chant Obi Obi Obi .

Ned tried to shut the crowd down but nobody listened to him, nobody took him serious , they continue with the "Obi Obi Obi non stop .


This are delta sons and daughters making a thunderous statement that it's Peter Obi or nothing and they viewed to protect there votes this time .

The entire south south and south east is on lock down for Mr Peter Obi of NDC.

Ned Nwoko campaigning for Atiku and the people burst into chants of “Obi Obi Obi” 😂

Isn’t this supposed to be an example of the “grassroots”?

Where they claim Peter Obi is unknown pic.twitter.com/cmNvIgeKce

— Harry Da Diegot (@trigottista) August 29, 2026

The number of nuisance in the Obi camp is not healthy.

kererenke Obi, 74, 75 don dey on steady decline.

mindtricks:
BAT followers only learn the hard way.
After all sweat and hardwork, your leaders will only turn around and betray you. They got no love for you.

So you think it's about love for me?

greatiyk4u:
For what exactly?
Is Tinubu the owner of Lagos?

When you see Dangote, ask him. Or ask Google or AI.

When telegram never die?

AMINDA:
At this point, Atiku is the only real opposition. Any other candidate is just in the race for ego and to serve as a spoiler. Obi should step aside and either back Tinubu or Atiku. He lost significant ground with his position on subsidy.

Are you just knowing this despite licking his foot all this while? Were you rating other opposition with him?

What is this one talking about?

Omalicious1:
FG suppose set a day aside to thank Aliko for establishing his refinery in nigeria. Because just imagine what would've befallen this country.

He actually has Tinubu and Lagos state to thank.

Tinubu was governor of Lagos from 1999–2007. During his administration, Lagos pursued the development of the Lekki Free Trade Zone/industrial corridor, which eventually became the location for Dangote's refinery. Without this, there'd probably not be a Dangote refinery, and certainly not in Lagos making the profit it makes.

Babatunde Fashola's administration deliberately discounted the land price offered to Dangote, because the government believed attracting the enormous investment would generate much greater economic benefits for Lagos. A contrast to what Dangote faced in other states.
The refinery couldn't function efficiently as an isolated facility.
The Lekki Free Zone's development involved roads and other infrastructure connecting the industrial area with the wider Lagos transport network. Development of major access routes into and out of the zone was a responsibility of the Lagos State Government.
Today, the Federal Government is financing additional infrastructure specifically designed to move goods from the Dangote Refinery/Lekki Deep Sea Port corridor into other parts of southern Nigeria. In 2025, the Federal Executive Council approved a $652 million China Exim Bank-backed road financing package for that purpose under Tinubu's presidency.
Also, fuel subsidy removal. Before the reform, government could effectively make imported petrol cheaper than its true market cost. That creates a serious problem for a private refinery:
If Dangote produces petrol at a market cost of, say, ₦1000, but government sells imported petrol for substantially less because taxpayers absorb the difference, Dangote cannot compete.
A private refinery would have had difficulty competing with subsidised imports. Similarly, if FX was subsidized for importers, Dangote cannot compete.

Na this kain thing Atiku dey promise to stop, from production to consumption.

givedemwotowoto:
This is transparency from the minister hahahahahaha.

This message should be translated to all local languages in Nigeria and broadcast through radio stations so people can prepare

Nigerians are resilient lol

he should be sacked

DeepSight:
Of course it's even ill advised to mention it at this time.

That's what i said. What happened to promise by God’s grace, we will properly meter everyone or something? Just talking rhetorically though.

DeepSight:
So you want them to practice taqiya?

Better left postponed if they're to remove it at all. There should be clear unmistakable progress in the sector before embarking on any subsidy removal. At they already did band A, B and co.
The tone is also ridiculous, promising by God’s grace, to put a stop to this so-called subsidy in the power sector. SMH

Mindlog:
Why is it not good to day it now?

In campaign season? How do you promise by God’s grace, we will put a stop to this so-called subsidy in the power sector.
Who's very happy to hear that.

Hmmm, not good to say this campaign season oh. This minister na weapon fashioned against APC. How minister go promise by God’s grace, to put a stop to this so-called subsidy in the power sector. Na wa oh.

MightySparrow:
Thanks so much Sir.
It's why folks like us get inconvenient with opposition spoiling Nigeria or scaring foreigners from Nigeria. It's shooting the country in the foot, self-destruction.
Many ignoramuses on Nairaland and in the streets see Tinubu as evil. There is hardship in the country agreed, but who have happened to Nigeria would be far worse than the pains of present time if this man didn't understand finance and how things work.
I think he should be given more time to consolidate his works.

You're welcome, brother.

PremiumLeaks:
I scantily read the thread but I was hooked on your submission till the very last word.

You broke it down and made it quite understandable beyond the "hype"!

Thank you.

Thanks.

Modele that year on NTA. Timee.

Jagaban olori two terms, omologo

Nice one, we're just beginning.
It's a very big deal for our economy, Nigeria is on the rise.

FTSE Russell, MSCI and S&P Dow Jones Indices classify equity markets for international investors. Their three familiar tiers are:
1. Developed Market
2. Emerging Market
3. Frontier Market
There is also a fourth category used when a market cannot appropriately sit in those investable universes: Standalone / Unclassified, depending on the provider.

For Nigeria,
1980s → Developing economy / small capital market
↓
1990s → Emerging/frontier-type market developing
↓
2000s → Frontier market
↓
2010s → Strong frontier-market position, with hopes of emerging-market promotion
↓
2020–23 → Serious deterioration in international market accessibility
↓
2023–24 → MSCI & S&P move Nigeria out of Frontier into Standalone
↓
2023–26 → FTSE moves Nigeria to Unclassified
↓
September 2026 → FTSE returns Nigeria to Frontier

This clearly shows we're back on the progress ladder. Things are getting better, not worse.
By September 2014, Nigeria was firmly classified by FTSE as a Frontier Market. FTSE's 2014 classification table places Nigeria among Frontier markets alongside countries such as Kenya, Ghana, Mauritius, Qatar, Romania and Vietnam.
In 2016, FTSE put Nigeria on a watch list concerning its status as a Frontier market. By 2017, FTSE decided to retain Nigeria as a Frontier market rather than move it out of the classification.
Foreign investors don't just care about whether Nigerian companies are profitable.
They need to be able to:
invest → buy shares → sell shares → convert naira → obtain foreign currency → repatriate their money.
When that mechanism becomes unreliable, the country's investability rating deteriorates.
Nigeria's foreign-exchange liquidity and capital-repatriation problems became particularly serious from around 2020 onward.
Foreign investors were having difficulty repatriating capital and that it had consequently suspended certain index-related actions on Nigerian stocks.

In September 2025, FTSE put Nigeria on its watch list for possible restoration to Frontier status because the FX situation had improved sufficiently to meet its Frontier-market requirements.

Then in April 2026, FTSE officially announced:
Nigeria from Unclassified to Frontier.
The change is scheduled to become effective 21 September 2026.
FTSE says Nigeria now meets the five FTSE Quality of Markets criteria required for Frontier status, following improvements in FX queues and the ability of international institutional investors to repatriate capital.

This is like a huge signal. Nigeria is reopening a major financial highway to international capital. More foreign investment can come into Nigerian companies. This can mean more demand for shares of Nigerian companies such as banks, telecoms, consumer companies and industrial firms.
More demand brings potentially higher share valuations, and then companies can raise capital more cheaply.

Suppose a Nigerian company wants to raise ₦100 billion. If international investors regard Nigeria as difficult or risky to access, the company has to offer a much higher expected return to attract investors.
But if international investors become more comfortable with the market, the cost of equity capital can fall. That makes it easier for companies to expand factories, build telecommunications infrastructure, finance technology, acquire businesses, create jobs, and expand across Africa.

It's why folks like us get inconvenient with opposition spoiling Nigeria or scaring foreigners from Nigeria. It's shooting the country in the foot, self-destruction. It's easier to destroy than build. But when we talk, they call us evil, paid, devil and whatever other name. Shooting Nigeria in the foot hurts us all, not just politicians or some political party.

This beautiful development can help Nigeria attract long-term institutional investors. We're talking about institutions such as pension funds, sovereign wealth funds, mutual funds, ETFs, insurance companies, asset managers, university/endowment funds.
Many of these institutions don't simply decide, "Nigeria looks interesting; let's buy Nigerian stocks." They operate within investment mandates and benchmark rules. If Nigeria is excluded from an investable index, a fund tracking that index may have little or no reason—or sometimes the mandate—to hold Nigerian securities.
Getting back into the FTSE Frontier universe puts Nigeria back on the radar.

It can improve liquidity on the Nigerian Exchange. This is particularly important.
With additional FX supply, we strengthen the naira indirectly due to large and persistent inflow on the private side.

For the average Nigerian, more international investment leads to more capital available to Nigerian companies, which leads to business expansion and investment.
This brings more production + employment, which will cause higher tax revenues and economic activity, and then potentially higher incomes and living standards for the average Nigerian ready to work and tap from the opportunities.
In church, we'd call it open door/breakthrough. The real prize is what Nigeria does after the door opens.

MightySparrow:
I don't fully understand all these technical terms but I believe Nigeria is getting it right under president Tinubu.

It's a very big deal for our economy, Nigeria is on the rise.

FTSE Russell, MSCI and S&P Dow Jones Indices classify equity markets for international investors. Their three familiar tiers are:
1. Developed Market
2. Emerging Market
3. Frontier Market
There is also a fourth category used when a market cannot appropriately sit in those investable universes: Standalone / Unclassified, depending on the provider.

For Nigeria,
1980s → Developing economy / small capital market
↓
1990s → Emerging/frontier-type market developing
↓
2000s → Frontier market
↓
2010s → Strong frontier-market position, with hopes of emerging-market promotion
↓
2020–23 → Serious deterioration in international market accessibility
↓
2023–24 → MSCI & S&P move Nigeria out of Frontier into Standalone
↓
2023–26 → FTSE moves Nigeria to Unclassified
↓
September 2026 → FTSE returns Nigeria to Frontier

This clearly shows we're back on the progress ladder. Things are getting better, not worse.
By September 2014, Nigeria was firmly classified by FTSE as a Frontier Market. FTSE's 2014 classification table places Nigeria among Frontier markets alongside countries such as Kenya, Ghana, Mauritius, Qatar, Romania and Vietnam.
In 2016, FTSE put Nigeria on a watch list concerning its status as a Frontier market. By 2017, FTSE decided to retain Nigeria as a Frontier market rather than move it out of the classification.
Foreign investors don't just care about whether Nigerian companies are profitable.
They need to be able to:
invest → buy shares → sell shares → convert naira → obtain foreign currency → repatriate their money.
When that mechanism becomes unreliable, the country's investability rating deteriorates.
Nigeria's foreign-exchange liquidity and capital-repatriation problems became particularly serious from around 2020 onward.
Foreign investors were having difficulty repatriating capital and that it had consequently suspended certain index-related actions on Nigerian stocks.

In September 2025, FTSE put Nigeria on its watch list for possible restoration to Frontier status because the FX situation had improved sufficiently to meet its Frontier-market requirements.

Then in April 2026, FTSE officially announced:
Nigeria from Unclassified to Frontier.
The change is scheduled to become effective 21 September 2026.
FTSE says Nigeria now meets the five FTSE Quality of Markets criteria required for Frontier status, following improvements in FX queues and the ability of international institutional investors to repatriate capital.

This is like a huge signal. Nigeria is reopening a major financial highway to international capital. More foreign investment can come into Nigerian companies. This can mean more demand for shares of Nigerian companies such as banks, telecoms, consumer companies and industrial firms.
More demand brings potentially higher share valuations, and then companies can raise capital more cheaply.

Suppose a Nigerian company wants to raise ₦100 billion. If international investors regard Nigeria as difficult or risky to access, the company has to offer a much higher expected return to attract investors.
But if international investors become more comfortable with the market, the cost of equity capital can fall. That makes it easier for companies to expand factories, build telecommunications infrastructure, finance technology, acquire businesses, create jobs, and expand across Africa.

It's why folks like us get inconvenient with opposition spoiling Nigeria or scaring foreigners from Nigeria. It's shooting the country in the foot, self-destruction. It's easier to destroy than build. But when we talk, they call us evil, paid, devil and whatever other name. Shooting Nigeria in the foot hurts us all, not just politicians or some political party.

This beautiful development can help Nigeria attract long-term institutional investors. We're talking about institutions such as pension funds, sovereign wealth funds, mutual funds, ETFs, insurance companies, asset managers, university/endowment funds.
Many of these institutions don't simply decide, "Nigeria looks interesting; let's buy Nigerian stocks." They operate within investment mandates and benchmark rules. If Nigeria is excluded from an investable index, a fund tracking that index may have little or no reason—or sometimes the mandate—to hold Nigerian securities.
Getting back into the FTSE Frontier universe puts Nigeria back on the radar.

It can improve liquidity on the Nigerian Exchange. This is particularly important.
With additional FX supply, we strengthen the naira indirectly due to large and persistent inflow on the private side.

For the average Nigerian, more international investment leads to more capital available to Nigerian companies, which leads to business expansion and investment.
This brings more production + employment, which will cause higher tax revenues and economic activity, and then potentially higher incomes and living standards for the average Nigerian ready to work and tap from the opportunities.
In church, we'd call it open door/breakthrough. The real prize is what Nigeria does after the door opens.

Atiku, Obi and other ignorance left the chat.

When the man was 40, the lady was 5. How?

aleby:
As an employer, kindly employ an individual who has been accused and suspended for stealing because no court has found such a person guilty.

She was not accused or suspended for stealing, please be reasonable.

anonimi:
Do you apply this standard religiously to those who are not your political favs

For example?

funkyqz:
This guy rest. Look at the way you are supporting nonsense. Just because you are an APC supporter does not mean you will support every nonsense. Abeg try dey use your brain, it's there for a purpose.

You forgot to show us how Betta Edu was corrupt or embezzled funds as a minister. Is it too much to ask for proof?

AMINDA:
So why was she sacked? She should be recalled to assume her position with immediate effect. Afterall, Gbajabiamila still retains his position. Is because he is a Yorubaman?

Ask chatgpt since you can't remember.

Betta Edu has not been established to be corrupt. Please, provide proof.
As far as public knowledge is concerned, she was suspended, not convicted of any corruption or theft.
Footballers and other sportsmen get suspended for different reasons, that's not necessarily corruption.
Students get suspended, that's not necessarily corruption.

It pains so much, sometimes i talk hard on our citizens and way of life, instead of politicizing or blaming some people.
There's something fundamentally wrong with how we behave and reason compared to others. While we're very smart, blessed, religious and intelligent. We have a godless culture. A selfish, covetous and greedy culture as a people, which will only keep pulling the nation back if nothing is done about it.
Religious institutions, traditional rulers and government all have their part to play to help us.

Ghana’s government has declined a GHS20 million ($1.8 million) donation offered by MTN Ghana to support Ghanaians affected by recent xenophobic attacks in South Africa.

The Ghanaian government has declined a GHS20 million ($1.8 million) donation from MTN Ghana to support citizens affected by xenophobic attacks in South Africa.The Ministry of Foreign Affairs stated that the government has already made sufficient financial provisions for evacuation and reintegration of affected Ghanaians.The decision is not a rejection of MTN’s support but reflects the government's current arrangements and readiness to handle the humanitarian response independently.Ghana plans to publish a full account of evacuation and reintegration costs as part of its commitment to transparency.

https://africa.businessinsider.com/local/lifestyle/ghana-says-no-to-mtns-dollar18m-donation-for-victims-of-xenophobic-attacks-in-south/g7kc18f

anonimi:
Has Jagaban frustrated these ones more than he has frustrated 200 million Nigerians with his cluelessness, corruption and wickedness that has made everything worse than even when Buhari was president?

Mr 200 million, Nigerians are going to vote for the Jagaban massively. Frustrated opposition will not. Go figure.