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BusinessRe: Dangote Refinery To Accelerate European Trade Decline by Konquest: 3:17am On Mar 29, 2024
Tellmeastory:
Europe has been exporting refined gas to Africa, including Nigeria, for the past decade.

In the last decade they've earned approximately $200 BILLION exporting gas to Africa.

Today, that lucrative trade they've enjoyed is being seriously threatened, with massive job losses and company shutdowns envisaged in Europe.

Who is responsible for this alarming situation in Europe?

The massive DANGOTE OIL REFINERY in Lagos, Nigeria.

Read on:





https://www.reuters.com/business/energy/nigerias-dangote-oil-refinery-could-accelerate-european-sectors-decline-2024-03-27/

Europe's Nightmare - Dangote Refinery, Lagos
You either innovate... OR die in the face of more nimble competitors. Period.
EducationRe: 2022 Computer Science Students Admitted Into Nigeria Universities By Regions by Konquest:
Sheggy13:
Emeagwali who is more popular for his phantom achievements and lies that what he actually did. Google Prof. Kunle Olukotun, and you'll see what real achievements in the IT space is about.
Philip Emeagwali who is originally an indigene of Onitsha but was born in Akure, did some work in the field of semi-conductors
using mathematical computations back in the 1990s that enabled faster computing to take place and more.


The British-born Dr. Oyekunle ('Kunle) Olukotun whose based in the United States at Stanford Uni is indeed a very sound, world-class academic and disruptive innovator.

=>https://www.gv.com/team/kunle-olukotun

=>https://engineering.stanford.edu/people/oyekunle-olukotun


There's also a company called Pragmatic Technologies that makes computers and ICT accessories that was founded by 'Biodun Marquis who's of Yoruba descent. First heard of the company in the very early 2000s and it's still around.
EducationRe: 2022 Computer Science Students Admitted Into Nigeria Universities By Regions by Konquest: 2:25am On Mar 29, 2024
Emmanuel900:
If it was by state of Origin it should be stated there and i also noticed that Statisense tend to separate Lagos from South West for example in this stats of Doctors and Dentists by zone in Nigeria. They removed Lagos from south west and counted it separately like FCT

Besides stats like this should be from JAMB that are directly involved in the matter not Ministry of Education but they ignored JAMB with more authority on the matter and quoted Ministry of education.

Their stats is not detail enough and questionable, it is not going to take anything from them if they list all state but they just list a few states and quote Ministry of education or whatever without any link to the official reports, very lazy statisticians
PoliticsRe: FG Eyes N5trn VAT In 2024 by Konquest: 1:51am On Mar 29, 2024
PoliticsRe: President Tinubu Meets Adebayo Ogunlesi by Konquest: 1:49am On Mar 29, 2024
seunmsg:
President Tinubu meets with Mr. Adebayo Ogunlesi the chairperson of Global Infrastructure Partners and his team at the Statehouse, Abuja.
Adebayo Ogunlesi is the second richest Nigerian-American according to Forbes magazine after Tope Awotona.

Indeed, Diasporan linkages with the motherlands have led to the transformation of India, Vietnam, South Korea, Singapore, China, Israel, and more. Nigeria has to speed up the process of economic and technological linkages with the huge Nigerian Diaspora populations in order to rapidly leapfrog in the developmental space.
HealthRe: Fake Eva Water Factory Discovered & Shut Down In Rivers State (video) by Konquest: 1:23am On Mar 29, 2024
FoodRe: 'How Tomato Paste Importers Are Killing Nigerians' - Erisco Foods (2015) by Konquest: 1:17am On Mar 29, 2024
nlfpmod:
How wholesome is that tomato paste you are consuming?

Experts say it may be reddish in colour and ravishing but could lead to other diseases such as cancer. To this end, the global food safety concerns on processed fruits and vegetables, which tomatoes pastes belong took the centre stage in Lagos recently, during a Consultative Meeting with Importers of Tomato Paste in Retail Packs (Sachet/Tin) from China by Erisco Foods producers of RIC-GIKO tomato paste with support from the National Agency for Food and Drug Administration and Control, NAFDAC.

The concerns came as a result of a recent discovery that a group of Asians and their Nigerian collaborators have been killing Nigerians by selling starch and colouring in the name of Tomato paste.

According to the President of Erisco foods Limited, Chief Eric Umeiofia, reports from a NAFDAC survey revealed that such killer tomato paste with colouring are carcinogenic and therefore unfit for human consumption.

“Apart from the cancer-causing colouring, the starch contained in those products is clearly harmful to unsuspecting diabetic patients. This, the importers have been doing by luring unsuspecting Nigerians with banned synthetic colouring agents which are eye-catching and other substandard ingredients and with sell at cheap prices! However, it has been established that the more red your food is via substandard tomato paste, the more you endanger your life and that of your family,” he stated.

Umeiofia who explained that Ric-Giko shared their standard with tomato paste produced in the United State, South Africa and EU lamented the faking of some genuine tomato paste in the country. He said wholesome tomato paste such as RIC-GIKO should be a rich source of Lycopene, a photochemical with many possible health benefits and a natural pigment that gives many red fruits and vegetables their colour.

“It has been scientifically proven that Lycopene contains a potent antioxidant that stabilizes free radicals making them harmless and helping the body to dispose of them thereby reducing the risks of cancer and other Non-Communicable Diseases, NCDs.

However, the substandard tomato paste contain little or no Lycopene and secondly, the banned colouring used by importers of deadly tomato paste are most times impossible to dispose of from the body. The colourings therefore stick to veins, arteries and vital organs and accumulate to cause cancer, hypertension and other diseases.

In addition, the banned colouring agents have been proven to cause poor neurological development in children; causing hyperactivity, poor concentration and, hence, poor performance in education and progress in life.

He advised Nigerians to patronise only made-in-Nigeria Food product, adding that the Nigerian government should encourage indigenous local manufacturers, especially in the food sector as tomato paste.

Endorsing Ric-giko tomato paste, the Director General of the National Agency for Food and Drug Administration, NAFDAC, Dr. Paul Orhii stated that it has become imperative to conduct a study on the quality of tomato pastes imported from China to Nigeria.

Orhii said: “Tomato is one of the consumed fruits in the world, either as raw fruits or as processed products. In fact, available records revealed that globally, tomatoes are second only to potatoes in economic importance and consumption and are used in the food industry as raw material for the production of several products like juices, sauces, purse, pastes and canned tomatoes.”


https://www.vanguardngr.com/2015/03/how-tomato-paste-importers-are-killing-nigerians-erisco-foods/
PoliticsRe: Notable signatures of Lugard, Zik, Awolowo, Ahmadu Bello, Gani, Ojukwu & others by Konquest: 1:13am On Mar 29, 2024
HisaacPlus:
Below are Some past Nigerian eaders and their notable signatures.
In no particular order:
Dr. Nnamdi Azikiwe

Sir. Adetokunbo Ademola

Chief Jeremiah Obafemi Awolowo

Chief Gani Fawehinmi
Chief Jeremiah Obafemi Awolowo, GCFR, SAN.
PetsRe: 84-year-old Legendary Crocodile At Delesolu Compound In Ibadan Dies by Konquest: 1:08am On Mar 29, 2024
BusinessRe: Crypto King, Sam Bankman-Fried Sentenced To 25 Years In Prison by Konquest: 1:07am On Mar 29, 2024
nlfpmod:
NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

U.S. District Judge Lewis A. Kaplan delivered a blistering analysis of Bankman-Fried and his crimes before announcing a sentence that was half of what prosecutors sought and less than a quarter of the 105 years recommended by the court’s Probation officers.

“There is absolutely no doubt that Mr. Bankman-Fried’s name right now is pretty much mud around the world,” Kaplan said of the 32-year-old man who once seemed atop the cryptocurrency world before his businesses collapsed in November 2022, leaving customers, investors and lenders short over $11 billion, which the judge ordered him to forfeit.

He was convicted in November of fraud and conspiracy — a dramatic fall from a crest of success that included a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady, basketball star Stephen Curry and comedian Larry David.

Kaplan imposed the sentence in the same Manhattan courtroom where, four months previously, Bankman-Fried testified that he had intended to revolutionize the emerging cryptocurrency market with his innovative and altruistic ideas, not steal. The judge said Bankman-Fried repeatedly committed perjury when he told lies from the witness stand.

Kaplan said the sentence reflected “that there is a risk that this man will be in position to do something very bad in the future. And it’s not a trivial risk at all.” He added that it was “for the purpose of disabling him to the extent that can appropriately be done for a significant period of time.”

Kaplan said he would advise the Federal Bureau of Prisons to send Bankman-Fried to a medium-security prison near San Francisco because his notoriety, his association with vast wealth, his autism and social awkwardness are likely to make him especially vulnerable at a high-security facility.

Assistant U.S. Attorney Nicolas Roos had recommended a prison sentence of 40 to 50 years, saying it was the only way to ensure “the defendant doesn’t do it again.”

“The defendant victimized tens of thousands of people and companies, across several continents, over a period of multiple years. He stole money from customers who entrusted it to him; he lied to investors; he sent fabricated documents to lenders; he pumped millions of dollars in illegal donations into our political system; and he bribed foreign officials. Each of these crimes is worthy of a lengthy sentence,” prosecutors had said in a court filing.

Prosecutors said Bankman-Fried misappropriated billions of dollars to fuel his quest for influence and dominance in the new industry, and had illegally used money from FTX depositors to cover his expenses, which included purchasing luxury properties in the Caribbean, bribes to Chinese officials and private planes.

Kaplan agreed with prosecutors Thursday that Bankman-Fried should not get leniency just because some investors and customers might get some of their losses back. He noted that customers lost about $8 billion, investors lost $1.7 billion and lenders were shorted by $1.3 billion.

Given a chance to speak, Bankman-Fried stood and apologized in a rambling statement, saying: “A lot of people feel really let down. And they were very let down. And I’m sorry about that. I’m sorry about what happened at every stage.”

He added, “My useful life is probably over. It’s been over for a while now, from before my arrest.”

Bankman-Fried, wearing his khaki-colored prison uniform and chained at the ankles, seemed to briefly get emotional as he spoke for about 20 minutes, expressing regret about “a lot of mistakes” but casting some of the blame onto others. His trademark messy and bushy hair had returned from the trimmer look he displayed at trial.

The judge later criticized those remarks, saying he expressed “never a word of remorse for the commission of terrible crimes.”

Defense lawyer Marc Mukasey said his client was misunderstood.

“Sam was not a ruthless financial serial killer who set out every morning to hurt people,” Mukasey said. “Sam Bankman-Fried doesn’t make decisions with malice in his heart. He makes decisions with math in his head.”

https://apnews.com/article/sam-bankman-fried-ftx-cryptocurrency-sentencing-sbf-d7bb1a5e94b4c22039d74dfeab1a2ff1
Sam Bankman-Fried and his team operated with very week corporate work ethics tbh.
Foreign AffairsRe: The West Is Further Empowering Hamas To Perpetuate Greater Havoc Against The Jew by Konquest: 12:56am On Mar 29, 2024
tolastikha:
Recent events in the Middle East have once again brought to light the precarious situation faced by the Jewish community due to the unchecked empowerment of Hamas. Despite the urgent need to curtail Hamas's destructive capabilities, the rush to impede Israeli efforts to neutralize this threat only serves to embolden these militants. By inhibiting Israel's defensive measures, world leaders inadvertently signal to Hamas that their actions against Jews will be met with impunity.

The repercussions of this misguided approach are dire. Not only does it reinforce Hamas's belief that they can act with impunity, but it also endangers the lives of innocent civilians and destabilizes the region. The West's reluctance to confront Hamas head-on translates into tacit approval of their heinous actions, perpetuating a cycle of violence and suffering.

It is imperative that world leaders heed the lessons of history and recognize the inherent danger of appeasing terrorists. In the Bible, God Himself commanded the eradication of ideologies akin to Hamas, underscoring the gravity of the threat they pose to humanity. Ignoring this admonition only emboldens Hamas and jeopardizes global stability.

Furthermore, countries like China and Russia must acknowledge their role in enabling Hamas by providing them with moral courage and diplomatic support. Their refusal to condemn Hamas's actions sends a dangerous message to other terrorist organizations worldwide. It is high time for these nations to reassess their priorities and stand on the side of justice and morality.

In conclusion, the West's failure to confront Hamas only serves to empower them further, perpetuating greater havoc against the Jewish community and threatening global stability. It is incumbent upon world leaders to prioritize the safety and security of all people by unequivocally condemning terrorism in all its forms.

Written by Tola O. Ajemisogbe, Postgraduate Student of Strategic Management, Nnamdi Azikiwe University, Awka, Anambra State.
---

This article underscores the urgency of addressing the threat posed by Hamas and the consequences of failing to do so. It emphasizes the need for moral courage and decisive action on the part of world leaders to confront terrorism and safeguard innocent lives.
You forgot to include the ignoble role that Iran's Shiite leadership played in empowering this terrorist group called Hamas with drones, body cameras, night vision equipment and more. The Iranians also empowered the Yemeni Houthis with advanced weapons.

Drones used by Hamas were used to knock out the so-called Israeli Iron dome on October 7, 2024. Without these, the Palestinians would never have had the firepower to unleash war crimes on Israel leading to the mass killings, rapes of some Israeli women, and kidnappings in Southern Israel.
Foreign AffairsRe: Russia Will Not Attack NATO But F-16s Will Be Shot Down In Ukraine, Putin Says by Konquest: 12:47am On Mar 29, 2024
God1000:

https://www.youtube.com/watch?v=rYJQboC8408


Russia has no designs on any NATO country and will not attack Poland, the Baltic states or the Czech Republic but if the West supplies F-16 fighters to Ukraine then they will be shot down by Russian forces, President Vladimir Putin said late Wednesday.

Russia’s invasion of Ukraine in February 2022 has triggered the deepest crisis in Russia’s relations with the West since the 1962 Cuban Missile Crisis.

Speaking to Russian air force pilots, Putin said the U.S.-led military alliance had expanded eastwards towards Russia since the 1991 fall of the Soviet Union but that Moscow had no plans to attack a NATO state.

We have no aggressive intentions towards these states,” Putin said, according to a Kremlin transcript released on Thursday.

“The idea that we will attack some other country Poland, the Baltic States, and the Czechs are also being scared — is complete nonsense. It’s just drivel.”

The Kremlin, which accuses the U.S. of fighting against Russia by supporting Ukraine with money, weapons and intelligence, says relations with Washington have probably never been worse.

Asked about F-16 fighters which the West has promised to send to Ukraine, Putin said such aircraft would not change the situation in Ukraine.

“If they supply F-16s, and they are talking about this and are apparently training pilots, this will not change the situation on the battlefield,” Putin said.

“And we will destroy the aircraft just as we destroy today tanks, armoured vehicles and other equipment, including multiple rocket launchers.”

Putin said that F-16 could also carry nuclear weapons.

“Of course, if they will be used from airfields in third countries, they become for us legitimate targets, wherever they might be located,” Putin said.

Putin’s remarks followed comments earlier in the day by Ukrainian Foreign Minister Dmytro Kuleba that the aircraft should arrive in Ukraine in the coming months.

Ukraine, now more than two years into a full-fledged war against Russia, has sought F-16s for many months.

Belgium, Denmark, Norway and the Netherlands are among countries which have pledged to donate F-16s. A coalition of countries has promised to help train Ukrainian pilots in their use.

https://c.newsnow.co.uk/A/1222951736?-14432:11
Foreign AffairsRe: Full Putin Speech To Russians On The Black Jesus by Konquest: 12:38am On Mar 29, 2024
jazzman7711:
''Fellow Russians, we have gone deep underground to open up the oldest vaults in the world to find the ancient roots of our religious heritage.
....They were ALL black''.




https://www.youtube.com/watch?v=Hm0clT6bdRY&ab_channel=StarTrends
Foreign AffairsRe: Trump’s Truth Social Is Now A Public Company. Experts Warn. by Konquest: 12:35am On Mar 29, 2024
FreeStuffsNG:
Trump’s Truth Social is now a public company. Experts warn its multibillion-dollar valuation defies logic
By Matt Egan, CNN

Tue March 26, 2024



For the first time in almost 30 years, part of Donald Trump’s business empire has gone public. Trading started with a bang, but the frenzy eased considerably by the closing bell, with shares ending well off their highs of the day.

Trump Media & Technology Group, the owner of struggling social media platform Truth Social, began its long-delayed journey as a public company at Tuesday’s opening bell under the ticker symbol “DJT.”

The stock surged about 56% at the open, to $78, and trading was briefly halted for volatility. Trump Media shares stabilized around $70 before fizzling. By the closing bell, Trump Media ended at $57.99, up by a more modest 16% on the day.

Despite the late-day slide, Wall Street is still assigning Trump Media an eye-popping valuation of nearly $11 billion — a price tag that experts warn is untethered to reality.

Shares of Digital World Acquisition Corp., the shell company that became Trump Media Tuesday morning, have spiked more than 200% so far this year. That includes a 35% surge Monday after the deal closed. Shares popped again at the start of trading Tuesday — investors’ first opportunity to trade the stock after the merger, under the new DJT ticker.

The skyrocketing share price comes despite the fact that Trump Media is burning through cash; piling up losses; and its main product, Truth Social, is losing users.


“This is a very unusual situation. The stock is pretty much divorced from fundamentals,” said Jay Ritter, a finance professor at the University of Florida’s Warrington College of Business, who has been studying initial public offerings (IPOs) for over 40 years.

Ritter said the closest parallel would be GameStop, AMC and other so-called meme stocks that skyrocketed during Covid-19 as an army of retail traders piled in. He said Trump Media is likely worth somewhere around $2 a share — nowhere near its closing stock price of $58.

“The underlying business doesn’t seem to be worth much. There is no evidence this is going to become a large, highly profitable company,” he said[b]. “I’m reasonably confident the stock price will eventually drop to $2 a share and could even go below that if the company blows through the money it got from the merger.”[/b]


The eye-popping valuation is a massive windfall for Trump, who owns a dominant stake of 79 million shares.

At Tuesday’s opening price of nearly $78, that stake is worth nearly $6 billion, although lock-up restrictions likely prevent Trump from selling or even borrowing against those shares anytime soon. The value of Trump’s stake ended at $4.6 billion at the closing bell.

Trump Media generated just $3.4 million of revenue through the first nine months of last year, according to filings. The company lost $49 million over that span.

And yet the market is valuing Trump Media at approximately $11 billion.


For context, Reddit was only valued at $6.4 billion at its IPO last week — even though it generated 160 times more revenue than Trump Media. (Reddit hauled in $804 million in revenue in 2023, compared with Trump Media’s annualized revenue of about $5 million.)

“At these levels, it appears untethered to its underlying business results,” said Matthew Kennedy, senior IPO strategist at Renaissance Capital. “Eventually, valuations tend to fall back on fundamentals. That means this stock is definitely at risk of plummeting back down to earth.”

Michael Ohlrogge, an associate professor of law at the NYU School of Law, told CNN there is “no way to square the current stock price with anything that would be called a rational valuation for this company.”

Truth Social is tiny
Truth Social faces real challenges and is still dwarfed by its rivals.

Truth Social had just 494,000 monthly active US users on iOS and Android combined in February, according to Similarweb stats provided to CNN. That’s a small fraction of the 75 million on X (formerly known as Twitter) and 142 million on Facebook.

The Truth Social website is seen on a smartphone arranged in New York on March 22, 2024.

Even Threads had more than 10 times the number of monthly active users that Truth Social had in February, according to Similarweb.

Not only that, but Truth Social is shrinking. Its monthly active users plunged 51% year over year in February, Similarweb stats show. The number of unique visitors to Truth Social’s website was 648,000, down 20% year over year.

Kennedy described Trump Media as a “meme-SPAC,” alluding to both its astronomical valuation and the fact it was formed through a merger with a special purpose acquisition company, or SPAC.

“Stocks that trade on momentum are subject to falling rapidly,” he said.

Jonathan Macey, a law professor at Yale, told CNN last week that the Digital World stock price is “clearly a bubble.”

Of course, history shows that bubbles can always inflate further, and it’s very difficult to pinpoint when they will pop.

That means Trump Media’s share price could keep skyrocketing for now — even if those gains are not backed up by fundamentals. In theory, a rival company or wealthy group could swoop in and acquire Trump Media even at these price levels, although Ritter said that’s very unlikely.

“We’ve already seen with other meme stocks that even if they eventually fall back to reflecting a fundamental value, the process can take quite a long time,” said Ohlrogge, the NYU professor. “There’s every reason to believe that this stock could remain at highly inflated prices much longer, due to the enthusiasm that Trump’s supporters have for it.”

‘Stay away from it’
Matthew Tuttle, CEO of Tuttle Capital Management, told CNN that Trump Media is probably not worth anything close to what the market is valuing it at.

“But it doesn’t really matter,” he said.

Tuttle noted that there is a history of SPACs spiking on their first day of trading, and he placed options bets that stand to make money if the stock shoots up.

“Because of what this is, and because it’s Trump — you’ve got people expecting this thing will take off [on Tuesday,]” he said.


But Tuttle advised everyday investors to use extreme caution trading Trump Media, noting the implied volatility is “insane.”

“Stay away from it,” said Tuttle, who has sold his shares of Digital World but still owns options that would pay out if the stock rises sharply. “Normally, I wouldn’t touch this with a 10-foot pole. But I’m not playing with much money and I already made a lot on this. If I wake up tomorrow and it’s trading at $1, oh well.”

Beyond the valuation concerns, there are other risks involved in Trump Media.

For example, this company’s future is inextricably linked to that of one person: Trump.

“There is a unique key man risk because Donald Trump is the chairman, top shareholder and the most popular user. He is one man, and he’s 77 years old,” said Kennedy.

Not only that, but Trump is facing felony prosecution in multiple simultaneous cases.

Trump Media noted that risk in SEC filings, saying: “Donald J. Trump is the subject of numerous legal proceedings, the scope and scale of which are unprecedented for a former President of the United States and current candidate for that office. An adverse outcome in one or more of the ongoing legal proceedings in which President Trump is involved could negatively impact TMTG and its Truth Social platform.”

A history of Trump bankruptcies
Not only does Trump himself face reputational issues, but his companies have a history of going bankrupt.

The last Trump company to go public, Trump Hotels and Casino Resorts in 1995, used the same DJT ticker symbol. It went bankrupt in 2004 and was delisted from the New York Stock Exchange.

Trump Media even highlighted Trump’s history of bankruptcies as a risk in its SEC filing.

“A number of companies that were associated with President Trump have filed for bankruptcy. There can be no assurances that TMTG will not also become bankrupt,” the company said.

Another question is what happens when the lock-up restrictions on Trump and other key insiders lapse in the coming months.

Trump’s legal troubles could give him a reason to sell his commanding stake, an outcome that would threaten Trump Media’s share price.

Betting on a Trump victory in November
Other insiders, including the sponsor of the SPAC, would also be able to sell.


Like any social media business, Truth Social faces pressure to grow its user base, expand its advertising business and build a subscription service.

Those tasks are complicated by the polarizing political backdrop where at least some portion of the country views the Trump movement skeptically.

Kennedy said that in many ways, Trump Media going public amounts to a “multibillion-dollar bet” on a second Trump term, a return to the White House that could be lucrative for his social media network.

“If he wins in November, Truth Social will probably be the primary means of presidential communication,” said Kennedy. “That’s the bet here.”

Ohlrogge, the NYU professor, agrees that the election could prove to be a real turning point for this company.

“If Trump were to lose the 2024 election, I’d imagine the stock price would crater quite quickly,” he said. “If he were to win, it could conceivably stay higher for longer, maybe much longer.”

https://edition.cnn.com/2024/03/26/markets/trump-media-stock-truth-social/index.html
Trumping around cyberspace... grin
Foreign AffairsRe: Bridge Collapses In The US After Being Hit By A Ship (Video) by Konquest: 12:29am On Mar 29, 2024
naptu2:
Video of the ship hitting the bridge and the bridge collapsing

https://www.youtube.com/watch?v=vZLctAD7Sic?si=LbWCuIGnpbpPSbzp



https://www.bbc.com/news/live/world-us-canada-68663071?
That collision and subsequent crash of the Baltimore bridge was so surreal man!
Foreign AffairsRe: BREAKING: Russia Proposes Visa-free Travel For African Nations. by Konquest: 12:18am On Mar 29, 2024
Jakumo:
Allowing Russian nationals to enter Nigeria without any visa requirements would be the greatest mistake ever on the part of Nigeria. Russians are on a mission to plunder and pillage Africa's natural resources, and it just so happens that there is no more openly racist a nation than Russia, where packs of Russian men hunt Africans on their streets to assault and even kill them.

Russia and China are two nations whose citizens should NEVER be allowed to enter Africa without very tight regulations.
Indeed, due diligence is key.

https://travelobiz.com/russia-plans-visa-free-travel-with-11-countries-including-gulf-nations/
Foreign AffairsRe: The Pound Returns To Fall Against The Dollar by Konquest: 12:11am On Mar 29, 2024
SummaryChannel:
The pound returns to fall against the dollar, and merchants refrain from distributing their goods, and the largest youth fraud operation in Egypt.

https://www.youtube.com/watch?v=i8MKYh02g3o?si=_8Yetfb6xG5EyF8p
New Egyptian economy presented by this episode of Samri Channel.
Egyptian banks finished financing all import requests pending at the ports for basic commodities, eliminating the waiting list that extended for months amid a dollar liquidity crisis that the country was suffering from during the past two years, before dollars flowed in abundance after liberalizing the exchange rate and raising interest rates significantly.

11 senior bankers in various banks operating in Egypt confirmed to Al-Sharq that the waiting list for all goods present at the ports has been eliminated, especially food, pharmaceutical, fodder, and production requirements. During an extraordinary meeting on March 6, the Central Bank of Egypt raised the key interest rate by 600 basis points to 27.25%, and this was followed by the liberalization of the pound’s exchange rate, paving the way for an increase in the International Monetary Fund’s loan to the most populous Arab country from 3 to 8 billion dollars.

Yahya Abu Al-Futouh, Vice Chairman of the Board of Directors of the National Bank of Egypt, the largest government bank in the country, told Al-Sharq that “there is not a single document remaining or any credit even with his bank for basic commodities and production requirements. The only remaining items are some luxury goods such as cars.” And mobile phones. Within a few weeks in March, Egypt escaped its worst currency crisis in decades to become the most attractive and hottest emerging market.

The rapid change in its wealth began with a $35 billion tourism development deal with the Emirates, which is the largest foreign investment in Egypt's history. This led to an infusion of dollars that paved the way for record interest rate hikes, an expansion of the IMF loan, and an influx of billions of dollars of foreign hot money into government debt instruments.

The recent liberalization of the exchange rate raised the price of the dollar against the Egyptian currency by more than 60%, reaching 49.45 pounds, before the pound rose again at slight rates during the following days, reaching a limit of 46.5 pounds per dollar. The Central Bank of Egypt expected, when raising the exceptional interest rate three weeks ago, that inflation would exceed its target rate of 7% (±2 percentage points) on average during the fourth quarter of 2024. The head of one of the major private banks in Egypt told Al-Sharq, stipulating His name was not published: “We have finished financing all import requests for basic goods, with the exception of 13 luxury and recreational goods that require the approval of the Central Bank to provide the necessary financing to import them.”

An official at the Central Bank of Egypt also explained to Al-Sharq that all banks operating in Egypt “have finished managing all pending import requests and are currently conducting new daily business.” The head of the Customs Authority, Al-Shahat Ghatouri, told Al-Sharq that his country “released more than $14.5 billion worth of goods from last January until the end of last week.”

At the beginning of this month, the Central Bank of Egypt directed banks to procure foreign currency to import 17 commodities, provided that they are present in Egyptian ports, including medicines, medical supplies, serums, fodder, food commodities, fish, dairy, fertilizers, and oils. An official at a private bank in Egypt who spoke to Al-Sharq expected that “the Central Bank will soon issue a decision to lift the ban on financing 13 luxury goods after the abundance of foreign currency in the banks.”

#Egypt
#News
#Dollar
Foreign AffairsRe: Senegalese President-Elect, Faye, Celebrates His Victory With A Broom by Konquest: 12:09am On Mar 29, 2024
abc115:
The newly elected Senegal President, Bassirou Diomaye Faye, was seen celebrating his victory with a broom on Wednesday.


The broom is synonymous with the leading political party in Nigeria, a country referred as a giant in West Africa.

The Senegalese President-Elect, who will assume office by April 2, was seen waving a broom, the way the members of the All Progressives Congress, APC, do in Nigeria during rallies, campaigns or victory parades
Governance is not a tea party young man... So, it's time to get down to work in Senegal especially as the world's economies are battling hyperinflation dues to many factors such as the Russian-Ukraine War, and more.
CrimeRe: Palestinian Islamic Jihad Terrorist Admits To Raping Woman During Oct 7 Attack by Konquest:
Holiness2100:
https://www.i24news.tv/en/news/israel-at-war/artc-palestinian-islamic-jihad-terrorist-admits-to-raping-woman-during-oct-7-attack
All these evil Hamas terrorists committed mass atrocities such as rapes, murders, kidnappings, etc, on October 7 2024 and these were all captured on the body cameras the terrorists wore, on car dashboard cameras, CCTVs, mobile phones. There was a tired Israeli woman who was tied up and was being dragged by her long hair into a jeep as she was being taken into Gaza... She had severe blood stains on her trouser in between her private parts and bottoms. It was obvious she had been badly beated and sexually violated.

I have videos of these Hamas war crimes that I downloaded on my laptops and mobile devices. Shame on the Palestinian terrorists who claimed to be freedom fighters in the name of Islam but used the opportunity to commit war crimes in Southern Israel.

The killings of the 2 young African students from Tanzania who were NON-Muslims on a kibbutz in Southern Israel, was captured on the Hamas terrorist's body camera while they stabbed him to death simply because he wasn't a Muslim and obviously because he was African. The South Africans and their SA goverment who support the evil Hamas are a BIG disgrace!

The Israelis too have their own issues because they supported Apartheid officially, but after seeing the gross atrocities committed by the Palestinians hiding under religion to commit war crimes against innocent people, I'm indifferent to their so-called Palestinian liberation struggle.
PoliticsRe: Prototype Of Lagos-calabar Coastal Rail In Map by Konquest: 10:43pm On Mar 28, 2024
Biodun556:
LAGOS-CALABAR COASTAL RAIL

Prototype for the Lagos - Calabar Coastal Rail Project.

I hear that London based Standard Chartered Bank has now offered to fund the Lagos - Calabar Coastal Rail with $11Bn of the $14.4Bn needed to build the project that will pass through Calabar, Uyo, Aba, Port Harcourt, Yenagoa, Otuoke, Ughelli, Warri, Sapele, Benin, Agbor, Asaba, Onitsha, Ore, Ijebu Ode, Sagamu and Lagos.
Bump.

Yup! The Coastal highway construction has finally kicked in as of March 2024. Kudos to all who have made this happen. A final link by rail with the South West and the Niger Delta States right up to Cross River State.
TravelRe: Lagos - Calabar Coastal Highway Includes Railway Tracks In The Middle by Konquest:
blamingthedevil:
Five lanes to the right.

- Five lanes to the left.

- Rail-track in the middle.

- Cement Technology

The 700km Lagos-Calabar Coastal road will be one of a kind in the history of Nigeria when completed.

https://twitter.com/Mario9jaa/status/1773380408853348751
What's Otunba Gbenga Daniel doing there with his ever smiling face? Anyway, he's an engineer like Dave Umahi.

I like the concrete road technology being used here. The roads will last longer being that the Lagos to Calabar route is essentially gonna pass through areas that have high water tables that would lead to the roads being quickly damaged.

At last, the long-awaited Coastal highway construction has kicked off. Kudos to everyone who made this happen.

Lagos to Calabar... It's full steam ahead!
PoliticsRe: South-East To Sue FG, Demands Creation Of 6th State; To Demand For Trillions by Konquest:
Penguin2:
Normally, comments such as yours are the comments that I ignore and give no attention to but because it might mislead the ignorant, that’s why I’m gonna address it.

First, nowhere in the entire communique did Ohaneze demand that the 6th state must be carved out of Delta and Rivers State; nowhere at all. Or where did you see that?

Again, there are proposed states from the existing 5 Southeastern States some of which are Adada State to be created majorly from Enugu State with capital in Nsukka. Another one is Etiti State that would have a part carved out from every part of the existing 5 Southeastern States with Capital in Okigwe. So, the Southeast is not insisting on carving out a state for themselves from Rivers and Delta.

With that said, the Anioma people of Delta North are Igbos and have never denied that since the time of the Civil War till this day.

The Anioma people - Ukwuani, Ika, etc - have no affinity with Bini. Not in culture, not in language, not in food, not in anything. The former governor of Delta State and PDP Vice Presidential candidate in the 2023 general elections, Ifeanyi Okowa attested to this on a national television. So, I wonder where that “affinity with their Bendel brothers” is coming from.

Similarly, in Rivers, people of Obigbo (Oyigbo 👎) are Igbo people that have never denied being Igbo.

Furthermore, we have Etche People, Ndoni, Bonny, who do not have identity crisis and have never denied being Igbo.

Even in Ikwerre, where identity crisis is prevalent, not every Ikwerre deny his Igbo root and heritage. The former Minister of Transportation and former Governor of the state, Rotimi Amaechi, attested to this fact on a national television where he clearly stated that he’s Igbo and no one can take his Igbo heritage from him.

So, where is this your claim coming from?

Why do you lots devote so much time in trying to tell Igbos of Delta and Rivers that they are not Igbos while you never expend same energy in telling Yorubas of Kogi and Kwara that they are not Yorubas, why?

https://www.youtube.com/watch?v=G7HvqXDv9c8?si=y_dcnh6R8eSwrr1P


https://www.youtube.com/watch?v=u0-Nkk_I8eo?si=5ekQTcRwT3qoWoya
Anioma is NOT ethnically MONOLITHIC, so cannot be fully called Ibo. I have been reading about the fascinating history of the various folks that make up the Delta North area since the 1980s and I have friends from there.

Anioma is historically made up of communities or towns that were founded within the last 600 years or a little more by migrants who came from several ethnicities such as Bini-Edo, Esan-Edo, Yoruba, Igala, Nri, etc. Some communities also have mixed settlements with different quarters housing migrants in specific towns. Igala-associated communities such as Ebu (Agatha Amata is paternally from there), Asaba,
Illah, etc, exist.


The folks of Agbor have direct links with the Bini people and just a few years ago, the Dein of Agbor made a royal proclamation telling his subjects NOT to give Ibo names to their children because the Agbor or Ika folks have their own language. That story was posted here on NL.

Idumuje Unor in Aniocha North LGA was founded by Esan people or migrants with Idumuje being of Esan origin. Idumuje Ugboko folks also came from Idumuje Unor.

=>https://en.m.wikipedia.org/wiki/Idumuje-Unor


Several communities in Ikaland and Aniocha North LGA have founders and migrants from Bini, Esan, Yorubaland, etc. The Olukumis of Ugbodu, Eko Efun (Ukwu Nzu), have Yoruba forebears and founders. The traditional rulers of these Olukumis towns (in Aniocha North LGA where Onicha Ugbo, Onicha Olona, and Onicha Uku are also located with Issele-Uku serving as the LGA HQ) have been interviewed several times in the media and they clearly identified themselves as having Yoruba ancestries due to the fact that they belonged to Yoruba trading communities who left the Benin area due to upheavals their centuries ago and moved into the Esan area where they stayed for some years before migrating further to establish their new communities on virgin lands centuries back in what is now in Aniocha North LGA, an area close to the Delta State and Edo State borderlands.


The folks in each town or clan in Delta North of Delta State in Aniocha, Ndokwa, Ika, Oshimili know full well their ancestries and historical links to these core migrant ethnicities that make up Anioma.
PoliticsRe: South-East To Sue FG, Demands Creation Of 6th State; To Demand For Trillions by Konquest: 9:24pm On Mar 28, 2024
Hezmatosky:
We need Anioma state in Delta state. We're no ibos and can never be joined with those Fulani infested people of ijaw, ishekiri and urhobo. Ibos should stay clear from us we are not part of them and will never be part of their unending struggles be warned
What part of Anioma are you originally from?
Aniocha, Ndokwa, Ika, or Oshimili?
PoliticsRe: South-East To Sue FG, Demands Creation Of 6th State; To Demand For Trillions by Konquest: 9:17pm On Mar 28, 2024
Christlike01:
This fat pig again! From which land do you want the FG to carve out the so called "6th state" ? The whole of your five states - Abia,Anambra,Ebonyi,Enugu and Imo is same size as Oyo state alone. Now, let's check this out:

Anambra = 4,844 square kilometers
Imo = 5,5300 square kilometers
Abia = 6,320 square kilometers
Enugu = 7,161 square kilometers
Ebonyi= 5,670 square kilometers

Total = 29,525 square kilometers ( South East)

Oyo state = 28,454 square kilometers.


From the above,injustice is when Oyo state,same size as the entire South East,has just 1 Governor and 3 Senators only while South East has 5 Governors and 15 senators ! This means that Oyo State is being marginalized by the Federal Government! If South East must have an additional one more state,then 2 or 3 states must be carved out of Oyo state too!

By the way,we thought Biafra was the ultimate goal,why this crazy demand for a "6th state" in "zoo"?! Mtchew,bunch of self inflated,empty braggarts from the pit of hell!
PoliticsRe: South-East To Sue FG, Demands Creation Of 6th State; To Demand For Trillions by Konquest: 8:53pm On Mar 28, 2024
chopnaira:
Clowns.
The whole of the South East region is smaller than Borno, or almost the same size as Oyo state.

I remember when port hat out youths forced you to get your Ndigbo day out of their city. The SS normally does not like you due to land grabbing manners and the shege you showed them during Biafrian war despite all the attachments by force and unity begging 😂

Ogba in River state below 👇
PoliticsRe: South-East To Sue FG, Demands Creation Of 6th State; To Demand For Trillions by Konquest: 8:50pm On Mar 28, 2024
Cyberterror:
The south east don't need another state. They are already cheating other regions with their five tiny states that can collectively fit into one state in other regions. For example, the 5 states can all fit into Oyo state. Niger state can swallow those five states, five times. Igbos think they can outsmart others with this ridiculous demand of a sixth state, it is just a ploy to cry marginalization in order to get more patronage from the federal government. If there is a new state that needs to be created in Nigeria, it is only Southern Kaduna, at least to compensate the Gbagyi for taking FCT from them.
LiteratureRe: Wole Oguntokun Is Dead by Konquest: 8:26pm On Mar 28, 2024
MajorOvakporaye:
I even thought it was Wole Soyinka, the notorious cultist who laid the foundation for the destruction of Nigerian higher institutions.
Don't be STUPID!

What the young Wole Soyinka and his friends founded back in the Uni was a well-known fraternity called Pirates that was legitimately known to the school authorities (NOT a campus gang) or what you unenlightened people WRONGLY call "campus cult." This is why till today, the legitimate Pirates have NEVER been banned.

In a bid to become respected, some of the emerging campus gangs in the 1980s began to copy the structure of the legitimate fraternities but these PSEUDO-FRATERNITIES or campus gangs were NEVER founded by the great 1986 Nobel laureate Professor Oluwole Soyinka and his friends at University College, Ibadan.

Fraternities are legitimate on most campuses in the advanced countries of the world and their activities are open. George W. Bush, a former President of the U.S. and many prominent folks worldwide were members of legitimate campus fraternities.

Last but NOT least, you are NOT an Urhobo... That's highly dishonest of you. Stop identifying yourself as one in your NL signature.
LiteratureRe: Wole Oguntokun Is Dead by Konquest: 8:07pm On Mar 28, 2024
FuglyGurl:
https://saharareporters.com/2024/03/28/renowned-nigerian-playwright-wole-oguntokun-dead
The end of a cycle of physical existence... An inspiring resume from a "Playwright Soulja."
Nairaland GeneralRe: Money Or Wisdom, Which Is Better? by Konquest:
Wizzy13:
i had a debate with someone and i want to bring it here money and wisdom which is the best and which rules the world
These sorts of comparisons are needless tbh.
Both variables (money and wisdom) are very important and work in tandem... and both rule the world.

One of my favorite rap OGs that I listened to from the 1980s, Kool Moe Dee rapped about the importance of "knowledge, WISDOM, and understanding" in his classic rap album/track "Knowledge is King" back in the late 1980s to show how important these variables are key to humanity's ascendancy.
Foreign AffairsRe: Moscow Terrorist Appears In Court On A Stretcher After "Interrogation" (Pix,Vid) by Konquest:
WriterNig:
@Ian Miles Cheong posted;

One of the apprehended terrorists responsible for the attack in Moscow had to be wheeled into court with a wheelchair.

He was fine when they caught him.
LMAO... "missing body parts" cracked me up... grin grin

One of them looks like he has Scotch eggs hidden in his mouth. These idiots now know what's up.

The earlier Russians get rid of these 4 creeps, the better, otherwise those who sent them on the killing spree will kidnap other Russians who would ONLY be released in exchange for these 4 very vile terrorists.

Russians have had experiences from dealing with Chechen separatists and radicalized Islamists right from the time the Soviet Union military troops were fighting against the rugged fighters of Afghanistan, so, they know how to handle these sorts of criminals.
BusinessRe: Animated Billboard Causes Panic In Lagos by Konquest: 11:22pm On Mar 26, 2024
NairaOcean:
A seemingly innocent animated billboard with a powerful message turned into a moment of chaos on Lagos Street. The billboard, strategically placed with the words "Don't Burn the Future," featured a young lad in a footballer's posture, with a football in hand, seemingly ready for action.

What began as a creative attempt to convey a critical message about environmental preservation quickly escalated into a scene of confusion and alarm. Passersby and motorists were taken aback by the realistic depiction of flames engulfing the billboard.

The Commuters and pedestrians passing by were startled to see the image seemingly catching fire before their eyes. shocked


https://www.youtube.com/watch?v=EhRg2LTcGfQ
CrimeRe: Israeli Hostage Says She Was Sexually Assaulted And Tortured In Gaza by Konquest: 10:39pm On Mar 26, 2024
Holiness2100:
https://www.i24news.tv/en/news/israel-at-war/survivor-testimonies/artc-amit-soussana-tells-all-about-abduction-on-october-7-sexual-assault-and-torture
She's exceptionally brave to have spoken up so the world can put a face to the several female victims of Hamas' sexual assaults and rapes of Israeli women in the wake of the despicable October 7, 2023, invasion of Southern Israel.

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