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Politics › Re: Biafra War: Your Comment Disgraceful, Shows Lack Of Wisdom – Sam Amadi To Gowon by Konquest: 10:15pm On Feb 23, 2024

Chukwuka319:
Am unapologetic Igbo but I must be brutally honest.Anyone with insults can direct them to his or her ancestors, and generation unborn.
Why are they harassing Gowon? He spoke the truth about the civil war.
Gowon never wanted the war to break out and sought peaceful means of settlement,but Ojukwu was reckless,rash and too eager to pull Igbos out of Nigeria.

Well Gowon is still alive, healthy and bubbling in good health, while Ojukwu the war lord has long ago passed to the other Side.
And Gowon is older than Ojukwu.
Irony of life.

Lt. Col. Ojukwu (rtd) was a little older than General Yakubu Gowon but both were in their early 30s when the Nigerian Civil War broke out in 1967 (and lasted for exactly 2 years and 6 months or 30 months) due to the fact that Ojukwu declared secession of the entire Old Eastern Region from Nigeria on May 30, 1967 without even carrying out a referendum and forcibly took the lands of non-Ibos into the illegally created biafra despite the rejection of the secession by the Rivers State Leaders of Thought led by Chief Harold Dappa-Biriye of Bonny Island, Ken Saro-Wiwa of Ogoniland, Ikwere leaders, Ijaw, Efik, Ibibio, and other mainly non-Ibo traditional rulers rejected the secession because 2 new states had already been created on May 27, 1967 for them by General Yakubu Gowon after Dappa-Biriye and other Rivers leaders had series of meetings with Gowon from 1966 to 1967 to map out how to create 12 new states from the 4 old regions.

Politics › Re: Deafening Silence From Yorubas As Northern Cleric Declares Fatwa On Remi Tinubu by Konquest: 9:50pm On Feb 23, 2024

Chukwuka319:
Bunch of useless cowards whose power lie only in the mouth.No wonder IBB once said that if he's sleeping and these people declare war,he will quietly go back to sleep.

IBB NEVER made such a comment back in the 1990s. It's young people of Ibo origin that created that FAKE story online just to taunt Yoruba folks online and offline. It's the same highly dishonest thing these same group of young bigots have done by fabricating a FAKE story that Chief Obafemi Awolowo, GCFR, SAN, drank rat poison to commit suicide because he plotted a coup against IBB.

I was alive back in 1987 when Chief Awolowo passed on peacefully at his country home in Ikenne, Ogun State and NO such thing happened. He was even given a state burial and massively eulogized by the IBB administration, several politicians locally and internationally including Emeka Ojukwu who declared in a eulogy that Awolowo was the best President Nigeria never had simply because of his sagacity in the area of economic and human capital development." If older generation of Ibos get to read the nonsense the younger Ipob-induced Ibos are writing about Awolowo, they will be angry with you guys because there was NO military coup planned by Awolowo and there was NO suicide, just like IBB NEVER made a condescending comment towards Yoruba folks. He's still alive and will confirm that he NEVER made such a comment. It's another of those Ibo FABRICATED stories being spread in a highly irresponsible way online since the early 2000s on Ibo websites and non-Ibo we site such as NL.

It was via your objective post on the Gowon comments on the frontpage of NL today that led me to see this misleading post of yours.

Politics › Re: I Was Criticized During The Civil War But I Succeeded - Gowon Encourages Tinubu by Konquest: 9:35pm On Feb 23, 2024

nairalandankrah:

https://www.youtube.com/watch?v=7jJiQHJhbpU?si=eF3-nwKq4Gx-xd3_

https://saharareporters.com/2024/02/22/dont-worry-about-criticisms-nigerians-it-happened-me-when-i-started-civil-war-and-i

Business › Re: Invalidation Of $2.4bn Forward Contracts By The CBN: Manufacturers' Fate Unknown by Konquest: 9:31pm On Feb 23, 2024

nairajotter:
Invalidation of $2.4Bn Forward Contracts by the CBN; How many more manufacturers will be forced out of business?

SRC: https://dailynewsreporters.com/cbns-2-4bn-contract-invalidation-how-many-more-businesses-will-be-forced-to-close/

Invalidation of $2.4Bn Forward Contracts by the CBN; How many more manufacturers will be forced out of business?

Imagine sailing on a calm sea, charts meticulously plotted, course set for prosperity. Suddenly, a colossal wave looms on the horizon, threatening to engulf your vessel and everything you hold dear.

This is the chilling reality facing Nigerian businesses, investors, manufacturers and citizens alike, thanks to the Central Bank of Nigeria's (CBN) recent invalidation of $2.4 billion worth of forward contracts. The governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, during an interview on Arise TV, on the February, 5th 2024 addressed concerns about the recent volatility in the currency market and said that about $2.4bn of the $7bn foreign exchange backlog he met when he got into office were from non-existing entities, requests without import documents among other infractions.

Celebrities › Re: Deyemi Okanlawon Surprises Wife In Hospital after child birth by Konquest: 9:23pm On Feb 23, 2024

TruthsFM:
Heartwarming moment actor Deyemi Okanlawon surprises wife in hospital after welcoming 3rd child abroad.

https://www.youtube.com/watch?v=rL9lu4gm02s?si=gGtt3AenJybq4xqF

Politics › Re: President Tinubu Names New Heads For NCC, Galaxy Backbone, NIGCOMSAT by Konquest: 9:15pm On Feb 23, 2024

FreeStuffsNG:
https://punchng.com/just-in-tinubu-names-new-heads-for-ncc-galaxy-backbone-nigcomsat/

1 Like 1 Share

Phones › Re: WhatsApp Now Allows Two Accounts On The Same Phone by Konquest: 9:07pm On Feb 23, 2024

nlfpmod:
Here is a message from WhatsApp to WhatsApp users:

New: Use two accounts on the same phone

Now you can switch between two WhatsApp accounts as long as they have different numbers. Effortlessly manage your conversations, whether they’re for work, personal or anything else.

Politics › Re: Profile Of Aloysius Uche Ordu, Monetary Policy Committee (MPC) Member by Konquest: 8:51pm On Feb 23, 2024

nlfpmod:
Profile of Aloysius Uche Ordu – Member of Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN).

https://businessday.ng/life-arts/article/meet-cbns-new-monetary-policy-committee-members/

Building on his knowledge and qualifications, Ordu then pursued a Ph.D. (Economics) at the University of Sussex from 1981 to 1990.

1 Like 1 Share

Politics › Re: Profile Of Mustapha Akinwumi – Monetary Policy Committee (MPC) Member by Konquest: 8:45pm On Feb 23, 2024

nlfpmod:
Profile of Mustapha Akinwumi – Member of Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN).

Mustapha Akinkunmi is a seasoned economist with decades of experience in using data mining and econometrics to decipher and predict financial and economic outcomes.

For ten years, he has served as a Principal Consultant to the CBN assisting the
Deputy Governor of Economic Policy in identifying, formulating, and implementing new fiscal and monetary policies.

https://businessday.ng/life-arts/article/meet-cbns-new-monetary-policy-committee-members/

Mustapha Akinwumi... That's a truly stellar resume.

Food › Re: Who Remembers This Ghana Bread From The 80s? by Konquest: 7:11pm On Feb 23, 2024*

sukkot:
hehe Chief this is whAt is called a gastronomic post. I follow Sissieyemmi and met her at the shoprite at palms mall. She was at the food and veges section with her helper. Her trolley was loaded. I walked up to her and introduced myself. You know she used to live in Birmingham England right ? But yeah these Yoruba stews are something else. I need a local authentic food trip. Am tired of fake eateries . I need the real deal

A "gastronomic post" it is... Lol grin

Just a quick correction... In my post that you quoted above, I was supposed to type Idi Oro plantain market in Mushin as the cheapest, major hub for plantains in Lagos where some Lekki, Ikoyi Island, and Victoria Island folks get their cheaper plantain supplies from (You can just do a quick Googling to confirm the Idi Oro info). I incorrectly typed another market name.
Kindly note that.

Aha! You met her at the Palms mall? That's awesome. Was it recently you saw her at the shopping mall? Indeed, her trolley(s) would be massively loaded... These A-list food Chefs have made a lot of millions from their food and confectionary business models. She indeed lived in England like you correctly indicated before relocating to Nigeria. She must have been happy to know that you lived in England too as a Diasporan before relocating to Naija. The Ikorodu-born, Lagos indigene, Tolu Erogbogbo (Chef Eros aka the Billionaire Chef) too studied international business at a Uni in the UK but relocated to Nigeria to start his multi-billion Naira food and confectionary business in the 2000s. He has another branch of his food business in California where he has served a lot of high-end American clients with Nigerian fusion cooking.

Indeed, I like Sisi Yemmie's style of crisp video presentation, and it was from her that I learned the "hack" on how smokey party jollof rice is cooked normally in the kitchen without the usual deep burning in a big pot that gives it that party jollof rice smell and flavor. The tomatoes, onion and pepper mix are slightly baked in the oven and blended with an electric blender to create the same smokey effect with the meat or chicken broth, canned tomatoes, bay leaves, and the entire party jollof rice combo). She did say in that video that she and her fam eat party jollof rice at home on a regular day or every day... That's what some folks only get to eat during occasional parties. grin

I just love to learn creative ways of how things are done and that's why I love leisure travel a lot (among other hobbies) just so as not to be cocooned by the pressures of daily living and fossilized thinking.

3 Likes 2 Shares

Politics › Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Konquest: 5:16pm On Feb 23, 2024

bigtt76:
Selling forex gained from exportation of oil, issuing of bonds and treasury bills, lending from banks etc are among ways through which government raises funds to fund its operations. Tax is not fully grounded for now hence why I didn't mention it. Now with dwindling revenue from oil sale and foreign reserve level, treasury bills and bonds would've been the best option but they shut out the retail sector and concentrated on wholesale ...this ensured that very few people with N50m and above could participate in this (the process going through banks and brokers are convoluted).

The only other option left was the printing of more naira to fund the government's operations which though not bad was not done ethically. Now we have more naira in circulation than over foreign reserve converted to Naira. This means that the clamour for dollar no matter the rate would continue.

Solution lies in increase interest rates to encourage savings or drastic measures like re-designing the naira and curtail the amount in circulation which the former CBN governor tried to do just before the elections and failed.

Succinctly put.

Politics › Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Konquest: 4:52pm On Feb 23, 2024*

Vision101:
@ogbonti… because Tinubu is busy printing trillions of naira and changing it to dollars for him and his cronies to steal - that is why the dollar is rising

a forger is at the helm of affairs and we wonder why our money is falling when the forger is busy forging trillions daily and stealing it by converting it to dollars

I have said this up to 100 times here - no policy will work because his turn to loot is not to repair.

@me
This government has not been raising money through ways and means. The present CBN governor said that it will not happen until the old ones are paid.

This is one of the evils of emefeli's days as CBN governor. This is partly the reason for high inflation and exchange rate. Say what you know and stop spreading falsehood.

@ Vision101, I've noticed within the last 3 days of seeing your original NL posts, that you don't know how to properly quote a post in order to send a reply. (Some of your NL posts here are insightful).

To do so, just simply click on the Quote link at the end of the post of the NL moniker that you want to send a reply to. Then in the "text composer" that appears, SCROLL DOWN to the end of the texts you want to reply to and start TYPING your message or reply AFTER the last quote box that you can see here after this arrow =>[/quote]When you're done typing your reply, click on the SUBMIT button.

Hope that helps.

1 Like

Politics › Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Konquest: 4:48pm On Feb 23, 2024

spiSeyi:
This is bad for the economy hence the reason for the inflation. The fiat currency supply outweigh our production output as a country. The CBN should recall the money by increasing the interest rates and stop further printing of Naira.

The money supply is huge but...

Increasing interest rates would further harm the industries that need more funding to grow their production output. So, sequencial interest rate hikes must not be too high to the point where SMEs cannot survive. Historically, single-digit interest rates around the world have been used to grow the economies of successful countries globally and Nigeria has to key into that principle for sustainable growth and development.

1 Like 1 Share

Politics › Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Konquest: 3:58pm On Feb 23, 2024*

ArewaNorth:
Nigeria’s broad money supply surged to a historic high of N93.72 trillion as of January 2024, marking a remarkable ascent.

This figure represents a staggering 76% surge from the N53.14 trillion recorded in January 2023, showcasing a substantial year-on-year growth of N40.48 trillion.

Moreover, compared to the preceding month of December 2023, which stood at N78.74 trillion, this represents a robust 19% increase, equivalent to N14.98 trillion.

The latest insights from the Central Bank of Nigeria (CBN) unveil these profound shifts in the nation’s monetary landscape, as detailed in its comprehensive money and credit statistics.

Why does this matter?
Recent trends underscore a pronounced expansion in Nigeria’s money stock, a trend that intersects with an array of economic challenges. Foremost among these challenges are the surging inflation rates, mounting pressures on the naira’s exchange rate, and a downward trajectory in interest rates.

The uptick in the money supply portends a potential surge in inflation, posing a significant threat to the purchasing power of Nigerians. Moreover, an inflated money stock typically correlates with a decline in interest rates, particularly in environments characterised by a dearth of viable investment prospects.

This dynamic may render Nigerian investment vehicles less attractive to global investors, a matter of grave concern considering Nigeria’s imperative for sustained dollar inflows.

https://nairametrics.com/2024/02/22/nigerias-money-supply-hits-new-all-time-high-of-n93-72-trillion-in-january-2024/

@naptu2,

Thanks for the mention on your thread leading to this insightful thread link.

Indeed, I mentioned CNG being a far cheaper alternative to petrol (PMS) on that your 2023 thread, but I'm fully aware that there is a confluence of are many economic variables at play that have to be tackled to reduce the current hyperinflation just like you correctly stated... "domestic production, imports, subsidy, security, demand for dollars, spending, hoarding, excess money in supply, etc."

I referenced the CNG issue because on the street level, the vast majority of folks in Nigeria usually associate hyperinflation with the high costs of transportation and haulage of foodstuffs due to the increases in fuel cost. The other variable they know is the high Naira to USD rates from the official CBN rates or the illegal currency black markets... Lol.

All the best.

1 Like 1 Share

Politics › Re: LP: Account For Funds From Abroad, Suspended Treasurer, Opara Tells Abure by Konquest: 1:06pm On Feb 23, 2024

Fareke:
https://punchng.com/account-for-funds-from-us-suspended-treasurer-tells-abure/

But not backing down on her allegations, Opara, in a telephone interview with our correspondent on Sunday, asked Abure to give an account of the funds raised during the LP presidential campaign tour in the US.

Opara said, “Abure used the name of the party to raise funds during the United States campaign tour. They reflected in all the documents and tickets I printed out. We have the tickets for $500 and $100 in the name of the party. But Abure returned and didn’t drop a dime. We are talking about a man who uses proxy accounts to withdraw money from the party.

"Again, for 10 to 11 months, Abure has been the only one withdrawing the money. I don’t know how he does it, whether by forgery or other means. We are three signatories to the accounts but the third person, a former chairman, is dead now.”

Food › Re: Who Remembers This Ghana Bread From The 80s? by Konquest: 11:43am On Feb 23, 2024*

sukkot:
lmao ikokore and ojojo. But truly we are suffering in Lagos. Ibadan and Abeokuta are truly where the real Yoruba foods still exist. I follow a couple of you tubers and live vicariously through them as they go up and down Ibadan and Abeokuta sampling the local dishes. They still prepare that original authentic food in those places. Food looks great too. Passes the eyeball test. These ones here in Lagos don't pass the eyeball test. They are very cheap too. Shockingly cheap. A man would do himself a favor if he relocates to a place like Abeokuta . If working remotely of course

Yes indeed, Ogun, Oyo, and Osun States axes are relatively cheap in terms of foodstuffs and housing. It's just like Manchester and other cities located outside London are cheaper. Your area... Lekki Phases 1 and 2, the Lekki Peninsula and environs such as Ikoyi Island and Victoria Island are very expensive tbh. Some folks living in these expensive areas actually get their food supplies from the Lagos mainland food distribution hubs such as Mile 12 food market, and Mushin (Idi Oro plantain market) which is the main hub for plantains brought into Lagos State.

Some of the best Yoruba soups and foods come from the Ekiti, Ondo, and Osun areas. Some of the iconic soups are very rich and tastily made from rare ingredients that are found only in the rural towns of these states, but sometimes cost a lot to make (hence they are only made on special occasions, and some are made with ingredients that are seasonal), so, they are cyclical on the food menu. There are even over 20 different types of soups from ALL the regions of Yorubaland (including Yorubaland in Benin Republic and Togo) and just like you, I follow some of the major food YouTubers as well.

I've learned a lot from these YouTubers and Sisi Yemmie is one of those with crisp videos. Tbh, NO woman can deny me the pleasure of any of the Nigerian and international cuisines by not going into the kitchen. In a worse case scenario, I'll simply turn on my mobile device and read some of the cookbook recipes or watch YouTube for how to make some tasty fried rice and/or authentic smokey Yoruba party jollof rice infused with bay leaves, thyme, curry, pepper, other spices and more. Lol.

2 Likes 1 Share

Politics › Re: The Dollar Has Been Weaponized And Would Be Used To Kill Us All by Konquest: 11:30am On Feb 23, 2024

sukkot:
yeah am familiar with those apps like worldremit remitty justwise etc etc but even those used to operate a dollar pickup policy till 2 weeks ago. Like you can pick your money up in dollars from any banks.

But notwithstanding if the money is given to you in forex or local currency just keep the remittances flowing it because it cushions the suffering and poverty in the land. It's like our unofficial welfare system are these remittances from abroad to family lol

Very well said Sukkot.

1 Like 1 Share

Culture › Re: The Yoruba Origin Of The GA People In Ghana by Konquest: 11:04am On Feb 23, 2024*

scholes0:
Bro this is wrong again, lol.
Muhamman Makau was the last Hausa (Haabe) Emir of Zazzau (Zaria) before it was conquered by the Fulani (Fulbe) under one Mallam Musa which ushered the new dynasty which his descendants continue to rule in Zaria till today as Fulani emirs. After the defeat of Makau in 1804, he was forced to flee southwards into Gbagyi land with many of his followers. It was there that he tried to set up a mirror kingdom of his kingdom which he had now lost to the Fulbes. He settled at Zuba, and from there he started attacking some of the Gbagyi, Koro and Nupe villages. It was in one of these raids on Lapai (A Nupe town now in Niger state) that he met his waterloo and was killed at the gates of Lapai.

When he died, his younger brother, son of Ishiaku Jatau, popularly nicknamed Abu-Ja (Abu the red) left Zuba and founded a new village which he began walling around 1829. It was this new village that became Abuja. That town he built is now the well known city of Suleja in Niger state. The current Abuja capital city is not the Abuja build by the exiled Hausas of Zaria. The original Abuja renamed itself to Suleja after the emir ruling there in 1975 when the federal capital was moved from Lagos (Suleiman Barau). The new capital city was to take their original name.

Anyways, the person known as Abu the Red was actually an HAUSA person not Fulani. And neither did he lead a raid of Jihadists upon the Gbagyi.

Hello @Scholes0,

I concede I was incorrect about Abu ja's (Abu the red) ethnic origin... He's indeed Hausa.

Incidentally, I recall reading a Punch article (within the last 10 years) indicating that some of the Hausa (Haabe Dynasty) rulers and their families from Kano also fled to the current Plateau State in the early 1800s, and surprisingly their descendants in that Plateau town that they founded are Christians and not even Muslims (although historically the majority of ethnic Hausa peasants practiced the traditional religion or the Maguzawa religion, while the Hausa Sarkis or kings majorly practiced Islam and had Fulah Royal court advisers and clerics). It seems to have been a defiant rejection of the so-called Fulani jihad and influence.

Some of the things I stated in that last post of mine are based on my attempts to recall events offhand that I read since the 1980s without doing a quick Google search for updated memory recollection and fact-checks.

I've learned my lessons... Lol grin

Thanks again for the concise info here.

4 Likes

Travel › Re: Ogun Converts Public Buses From Diesel To CNG by Konquest: 10:24am On Feb 23, 2024

naptu2:

https://www.youtube.com/watch?v=61fe75drcvw

Prince Dr. Dapo Abiodun - MFR, CON @dabiodunMFR

https://twitter.com/dabiodunMFR/status/1684199011861897217

This is what they (the FG and ALL the state Governors) should have robustly focussed on within the FIRST 5 months (of the subsidy removal announcement on May 29, 2023) in order to lower the cost of transportation and foodstuffs haulage.

The higher cost of foodstuffs due to massive hyperinflation and hoarding by middlemen wouldn't have occured in the first place.

Timing is key when it comes to governance.

Politics › Re: Dapo Abiodun: Dollar Will Soon Crash Following Meeting We Had by Konquest: 9:44am On Feb 23, 2024*

Thissystem:
Governor Dapo Abiodun of Ogun State has announced that the dollar will crash in less than a month.

The governor disclosed this at a stakeholder meeting in Abeokuta.

He said: “I can assure you that the dollar will crash down in less than a month. The meeting we had with the President is very assuring and now we know that there are saboteur in the economy, but their aim will not succeed.

“In light of the current situation, we have made the decision to provide our citizens with essential food items such as rice, garri, and beans. I have arranged for nearly 100 trailers of rice to be delivered, with offloading beginning tomorrow.

“To ensure fair distribution, we have decided that the elderly and vulnerable will receive the rice free of charge, while others will be able to purchase it at the original price before the increase in the value of the dollar. This will allow us to sustain the initiative until the dollar issue is resolved.”

https://dailypostngr.com/2024/02/dollar-will-crash-in-less-than-one-month-gov-abiodun-announces/

Where are the NEARLY 100 trailers of rice gonna come from?

Second, how much rice in kilograms would be given to everyone?

Third, does the government of Governor Dapo Abiodun and his team have an updated and authentic list of all the elderly and vulnerable in his state of Ogun to prevent internal sabotage and corruption?

If Governor Dapo Abiodun (like he had already started in June to July 2023 in the Ogun CNG buses convertion video below) and ALL the state Governors, and the FG had moved quickly to robustly implement (within the FIRST 5 months from May 29, 2023) the CNG-kitting or conversions of nearly ALL the big buses, commercial trailers and food delivery trucks, the total cost of transportation and haulage would have dropped to below what it was during the pre-subsidy fuel era and the cost of foodstuffs and more would have been cheaper as of 2024 since CNG fuel is the cheapest costing N200/kg.

Enough of the pussyfooting and tokenism by these folks.

https://www.youtube.com/watch?v=61fe75drcvw

Business › Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Konquest: 9:39am On Feb 23, 2024

Thissystem:
You think so? A basic google search shows the news is everywhere online even on Binance platform by users.

The fact remains though that government needs a holistic approach to problem solving, not only Binance for this matter.

Travel › Re: UK Man Confronts Nigerian Neighbour After He Stopped Him From Using His Wifi by Konquest: 9:34am On Feb 23, 2024

brain54:
I never start what I can't finish...

Same thing almost caused problem between my younger Bro and his neighbors. Although they weren't bold enough to confront him about it.

But you could see the hostility in their attitude after he changed his password. You could feel how they started acting/seeing him like he was a bad person.

When he started sharing his Wi-Fi with neighbors I just dey look am say what is wrong with this one. Because I knew it wouldn't end well.

In this life... I repeat, just never start what you cannot finish!

It's a volatile mix of emotional pain and envy. People who are NOT self-aware envy others because they can't have or don't have what others already possess.

Travel › Re: UK Man Confronts Nigerian Neighbour After He Stopped Him From Using His Wifi by Konquest: 9:25am On Feb 23, 2024

linearity:
WiFi bandwidth is limited, it is the continuous usage that is unlimited as long as you pay your bill each month.

The guy even confirmed it, saying his WiFi is very slow.

That said, it is foolish to open your WiFi network for others to use, as everything good/bad they are doing on the internet would be traced to you, don’t be surprised if the government knocks on your door to answer some questions about your internet activities.

Best practices, change the administrative name & password, make the SSID unrelated to you, put a strong encryption and a password; then create a guest network with its own password for guest and change the guest password on a periodic bases.

These would reduce the possibility of hacking or impersonation.

Succinctly stated.

Travel › Re: UK Man Confronts Nigerian Neighbour After He Stopped Him From Using His Wifi by Konquest: 9:18am On Feb 23, 2024

ECASH120:

https://www.youtube.com/watch?v=PK8Va13TiGc?si=HS3Bn6dvhRdgdg9_

Elderly man confronts his Nigerian neighbor in UK for changing his Wifi password and restricting him from using the internet after two years.

This was posted by Linda Ikeji's blog and it's making rounds the internet and generating criticisms online.

Leaving WIFI connections on without any password or periodic change of passwords is a security risk. Those of us who are tech-savvy know that already. Period.

Family › Re: Checkout These Traditional Marriage Photos by Konquest: 8:35am On Feb 23, 2024

bro4u:
Despite the heavy downpour halfway into the marriage, resilient couple defies it and made sure every item of program was realized.

Whoa! That's one moment of defiance... grin

It could have been done in a rented mini hall though. The color combination and dress sense of the couple is spot on and would have been more impressive with their shoes on in a rented mini hall. Global weather reports have become massively accurate within the last 25 years... Never ignore projected weather reports next time.

1 Share

Sports › Re: Serena Williams Baptized As A Jehovah’s Witness by Konquest: 8:33am On Feb 23, 2024

bro4u:
https://www.vanguardngr.com/2023/01/serena-williams-baptized-as-a-jehovahs-witness/

Bump.

Business › Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Konquest: 8:16am On Feb 23, 2024

sukkot:
hehe brother I gotta tell you I don't understand that whole crypto currency thing. Having parallel methods of transaction alongside the legal tender which is not regulated and seems like an underground kinda thing just does not sit well with me so I can't really comment on the crypto thing. I don't understand it. Looks like underworld money transactions and underworld banking to me lol

You touched base with your summations here.
"Underworld money transactions... Underworld banking." Lol.

Business › Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Konquest: 8:07am On Feb 23, 2024

racerve:
Egbon USDT is just a token. Like BTC, ETH or SOL.

For its price to affect national policy, that should tell you how much trouble we're in. The government is using this as a red herring to distract us from real issues, and people like you are falling for it.

Daily trade volume of USDT/NGN on Binance is less than $3m, which is a rounding error for a country of Nigeria's size. So how can such a small amount of transactions affect anything in the real world? Or destabilise Africa's supposed largest economy?

The problem is that BDCs are selling dollars based on USDT prices on Binance, or online publications, instead of actual demand. But that's a completely different issue which can be solved by regulating them, or eliminating the need for a parallel market by making banks sell dollars directly to the public.

But in typical APC fashion, they'd rather find someone to blame than try to fix the real issue.

Business › Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Konquest: 9:14pm On Feb 22, 2024*

Thissystem:
https://dailypostngr.com/2024/02/update-binance-confirms-working-with-tinubu-govt-to-block-dollar-naira-exchange/

Binance, the World’s biggest cryptocurrency trading platform, has confirmed collaborating with President Bola Tinubu’s administration to block Nigerians from dollar-naira trade on its platform.

Binance disclosed this in an announcement on its “commitment to P2P users in Nigeria” on Tuesday, warning that “users behaving in a manipulative way will be removed from the platform.”“As industry leaders,” Binance said, “We are working hand in hand with local authorities, lawmakers, and regulators to ensure we act on non-compliance.’’

The crypto exchange platform further said it is “setting an upper limit for ads, filtering and removing bad ads, requiring and raising deposits for merchants posting ads as well as processes for actioning against any market manipulators.”

On Tuesday, Binance disabled sell option for its Nigerian users, blocking them from selling fiat currency, USDT, on the platform. It also capped the buy option to $1802 for Nigerian users.

It also disabled purchase of cryptocurrencies via P2P for its Nigerian users, leaving those who might want to sell their crypto assets such as Bitcoin, BNB, Ethereum via P2P stuck.

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Culture › Re: The Yoruba Origin Of The GA People In Ghana by Konquest: 9:05pm On Feb 22, 2024

scholes0:
Not quite true.
The word Gonja is a mispronunciation of what the Gonja call themselves , The Gbanja of Gbanya. Yes, Kolanut trade settled upon this region for much of the West African middle ages and that is why the kind of kola originally gotten from there (2 lobed Kola) is still called Obi Gbanja by the Yoruba (Who also participated in this criss-cross West African trade) till today. Obi Gbanja and Obi Abata, the two popular Kolanut types.

Hausa would most often mispronounce the "Gb" phoneme which they lack as [Gw] not as [Go]. Case in point, the Hausa call the Gbari/Gbagyi people 'Gwari', not 'Gari''. In the same line, [Kp] becomes [Kw] e.g Akpoto becomes Kwoto. (Egbira Akpoto = Ebira Kwoto in Hausa) The Yoruba word 'Pana-pana' (pronounced; Kpana -Kpana) becomes Kwana-Kwana. Etc. An Hausa mispronunciation would have called them Gwanja and not Gonja.

Gonja is not a derivation of an Hausa word, although I wouldn't be surprised if some gonja people themselves have accepted this false premise. Many Gonjas speak Hausa already.

That's another insightful historical perspective from you.

What I read about the Gonja is that the name is a corruption or mispronunciation of the Hausa name for red kolanuts (which is Goron ja in Hausa). Goro (Gworo) is "kolanut" in Hausa, while "Ja" is red in Hausa.

It's just like the name Abuja which means "Abubakar Ja" or literally light reddish-skinned Abubakar. Abuja was named after the Fulani guy called Abubakar Ja who led a raid of Fulah jihadists into the Gbagyi region, but history says the Gbagyis were never fully conquered but lost some of their folks due to captivity and slave raidings.

Culture › Re: The Yoruba Origin Of The GA People In Ghana by Konquest: 8:49pm On Feb 22, 2024

scholes0:
Also on the bolded parts, the Guan are not 100 = Gonja, it isn't a 1 to 1 identification. The Gonja are a subset of the larger Guan people. They just happen to be the biggest and most popular subset. You can't call Guang people Gonja, the Guan are found in ALL the regions of Ghana; Asante, Volta, Brong, Ahafo, North, Eastern E.tc as aborigines (which is testament to their ancient status as first comers) and the Gonja are just a single group of Guans found in a particular/specific region of the country. All Gonja are Guan but not all Guans are Gonja, there is still Awutu, Logba, Avatime, Larteh, Cerepong, Etc I hope you understand?

Aha! I do understand.

It's just like saying all Oyo are Yoruba but NOT all Yoruba are Oyo! Brilliant.

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Business › Re: Naira Hits N1,825 To Dollar Despite EFCC Gun Rescue Attempt by Konquest: 8:35pm On Feb 22, 2024

t2luv1:
Let you in on a secret it is not a Demand and Supply thing. Annual inflow remittance by the Nigerian in Diaspora is about $21B, and Annual outflow specifically dedicated to importation is about $25B. This is without even taking into account Nigeria's excess reserve account. There is plenty of money to defend the Naira. The previous CBN chief did it without any fanfare. Partner, a lot of the big boys in financial institutions are all betting against the Naira.

Just to let you know, only less than 10 percent of the $20-$21 billion annual Diaspora remittances actually get to Nigeria. In major surveys that have been done in the U.S., UK, etc, among the Nigerian Diaspora, most of them don't send hard currencies via Western Union or Money Gram again but through money transfer apps. The money agent simply collects the hard currencies and credits the Nigerian bank accounts of the beneficiaries using black market rates!

So, a whopping $18 billion of Diaspora remittances doesn't get to Nigeria in hard currencies. The less than $2 billion (out of the $20 billion) that gets to Nigeria finds it's way into the illegal black market than the regular channel bacause of the greed to earn more profits by the end users. So, their is self-inflicted damage to the Nigerian by Nigerian citizens here, though mostly unintended by the Diaspora. The CBN has to find a way of making sure nearly all the $20 billion annual Diaspora remittances get to Nigeria since Diaspora remittances are a major key for economic growth and development in many countries of the world including India, China, Malaysia, and more.

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