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EventsJennifer Chisom Ananti: Bride Missing On Her Wedding Day (photos) by nlfpmod(mod):
Lady goes missing on wedding day, husband to be suspects her family

Jennifer Chisom Ananti's marriage is scheduled to hold today in Anambra and she is no where to be found after all expenses done, invite printed and guest all invited. We think the father or the family is hiding her or she left with another man and off her phone.
https://www.facebook.com/share/14PxxXqXxCp/

CelebritiesRe: After 8 Miscarriages I Chose Surrogacy - Nancy Umeh by nlfpmod(mod): 8:21am On Jan 09
ikaboy:
congratulations!

Only you know wetin you de find after 2 kids
She wanted more kids that's why

CelebritiesRe: After 8 Miscarriages I Chose Surrogacy - Nancy Umeh by nlfpmod(mod): 8:08am On Jan 09
CelebritiesAfter 8 Miscarriages I Chose Surrogacy - Nancy Umeh by nlfpmod(mod): 8:06am On Jan 09
'After eight miscarriages I chose surrogacy' - Influencer and entrepreneur Nancy Umeh has spent the past year sharing her journey of welcoming her third child through surrogacy.




Watch the full episode of The Conversation
https://www.youtube.com/watch?v=ZHZ30YDJdzQ?si=wyhHNATKjdejD4Rt

CelebritiesAfter 8 Miscarriages I Chose Surrogacy - Nancy Umeh by nlfpmod(mod): 8:04am On Jan 09
'After eight miscarriages I chose surrogacy' - Influencer and entrepreneur Nancy Umeh has spent the past year sharing her journey of welcoming her third child through surrogacy.




Watch the full episode of The Conversation
https://www.youtube.com/watch?v=ZHZ30YDJdzQ?si=wyhHNATKjdejD4Rt

Foreign AffairsIran Protests: Buildings Burnt In Tehran (video) by nlfpmod(mod): 7:46am On Jan 09
Cost of living protest: The people of Tehran are burning down regime buildings right now. The crowd is MASSIVE.


Buildings in Tehran set on fire as demonstrations spread across Iran

Footage verified by BBC Persian shows buildings on fire in the Iranian capital, Tehran, as anti-government protests spread across the country.

Video from the the 12th consecutive day of national unrest shows mosques in the Gholhak and Sa'adat Abad neighbourhoods of Tehran on fire.

Frustration over the collapse of Iran's currency has triggered demonstrations in more than 100 cities and towns across all 31 of Iran's provinces, according to human rights groups.
https://www.bbc.com/news/videos/c78e9vmn7dgo

Foreign AffairsViolent Clashes As Iran Anti-government Protests Spread To 111 Cities by nlfpmod(mod): 6:39pm On Jan 08

https://www.youtube.com/watch?v=sRevVRMHA4c?si=0PpEe8re5L2Dzz7t

There were violent clashes between [b]anti-government protesters and security forces in several locations in Iran on Wednesday, as a wave of unrest sparked by the country's economic crisis continued for an 11th day.[/b]

Iran's semi-official Fars news agency, which is close to the Revolutionary Guards, said two policemen were shot and killed by armed individuals in the south-western town of Lordegan.

Videos posted on social media showed a tense stand-off between protesters and security forces, with the sound of gunfire in the background.

In footage from several other areas, security forces appear to fire guns and tear gas towards crowds of protesters, some of whom are throwing stones.

The protests have so far spread to 111 cities and towns across all 31 provinces, according to the US-based Human Rights Activist News Agency (HRANA).

It has reported that at least 34 protesters and four security personnel have been killed during the unrest, and that 2,200 protesters have been arrested.

BBC Persian has confirmed the deaths and identities of 21 people, while Iranian authorities have reported the deaths of five security personnel.

The protests began on 28 December, when shopkeepers took to the streets of the capital, Tehran, to express their anger at another sharp fall in the value of the Iranian currency, the rial, against the US dollar on the open market.

The rial has sunk to a record low over the past year and inflation has soared to 40% as sanctions over Iran's nuclear programme squeeze an economy also weakened by government mismanagement and corruption.

University students soon joined the protests and they began spreading to other cities, with crowds frequently heard chanting slogans against the country's Supreme Leader, Ayatollah Ali Khamenei, and sometimes in support of Reza Pahlavi, the exiled son of Iran's late former shah.

On Wednesday, videos verified by BBC Persian showed crowds protesting in Qazvin, north-west of Tehran, and chanting slogans including "Death to the dictator" - a reference to Khamenei - as well as "Long live the shah".

Footage from the Gulf port of Bandar Abbas, showed protesters chanting "Police force, support, support" before security forces disperse them.

In the Shia holy city of Mashhad, in the country's north-east, protesters were seen clashing with security forces and forcing them to retreat. Another video showed people chanting in support of the Pahlavi dynasty, which was overthrown by the 1979 Islamic revolution.

In the late afternoon, a large demonstration also took place in the south-western city of Abadan, near the border with Iraq, according to footage verified by BBC Persian, in which protesters chanted "Cannon, tanks, firecrackers! Mullahs must get lost", a reference to Iran's clerical leadership.

More footage filmed from a balcony in the city appeared to show security forces opening fire as they run away from advancing protesters, who are throwing stones and other objects.

As night fell, security forces were filmed firing tear gas to disperse a protest in Aligudarz, another western city, after a crowd had gathered in a square chanting "People's uprising, Viva!"

Footage also emerged of protesters in Qaemyeh, Fars province, toppling a statue of Qasem Soleimani, head of the elite Quds Force and one of the most powerful figures in Iran, who was killed in a US air strike on the orders of Donald Trump in 2020.
https://www.bbc.com/news/articles/cgm4y0ewe93o

CrimeRe: German Robbers Drill Into Bank Vault, Steal $36mn Worth Of Valuables by nlfpmod(mod): 2:18pm On Jan 08
PoliticsRe: Portable Accuses Father Of Exploitation, Claims He Took His Belongings by nlfpmod(mod): 9:46am On Jan 08
CelebritiesAdekunle Gold & Simi Welcome Twins by nlfpmod(mod): 8:36pm On Jan 07
Popular Nigerian singers Simi and her husband, Adekunle Gold, have reportedly welcomed a set of twins.

Adekunle Gold confirmed the development through his Snapchat page, where he hinted at the arrival of the babies.

Asked God for another child and He blessed me double,” he wrote, later adding a picture of two baby clothes with the inscription “Double Trouble,” on it to confirm the birth of the twins.

Recall that in December 2025, the couple had announced they were expecting another child, a disclosure that attracted congratulatory messages online.

Around the same period, Simi appeared with a visible baby bump in the music video of her husband’s song, “My Love Is The Same,” released on December 24, 2025.

The heart-warming video featured Simi showing off her baby bump while sharing intimate family moments with Adekunle Gold alongside their daughter, Deja.

Simi and Adekunle Gold got married in a private ceremony on January 9, 2019, and welcomed their first child, Adejare, on May 30, 2020.
https://tribuneonlineng.com/god-blessed-me-double-adekunle-gold-announces-arrival-of-his-twins/

CrimeMan Cleared Of Rape Charge After 7 Years In Custody In Lagos by nlfpmod(mod): 7:29pm On Jan 07
Lagos Man Cleared of Child Molestation Charge After Seven Years in Custody

An elderly man, Idowu Fashola, has shared his experience after being accused of raping a young girl who had lived with his family from the age of three. He explained that the girl was brought to his home by his wife for care and training and remained with them until she reached secondary school age before returning to her parents.

He said the family later arrived with the police and accused him of rape, leading to a prolonged court case and his detention. The man said he was eventually found not guilty and discharged after the court determined he had no case to answer.

PoliticsRe: 2027: No Aspirant Will Step Down In ADC – Atiku by nlfpmod(mod): 9:57pm On Jan 06
SportsRe: Osimhen Threatens To Quit Super Eagles After Heated Clash With Lookman (photos) by nlfpmod(mod): 3:55pm On Jan 06
SportsRe: Liam Rosenior Confirmed As Chelsea Coach by nlfpmod(mod): 11:58am On Jan 06
CelebritiesPeller Slams Lady For Saying He Was Too Noisy At A Restaurant by nlfpmod(mod): 11:10am On Jan 06
Peller clashes with a lady at a restaurant after she calls him noisy and he labels her as a real-life hater and brokeshames her.

TikToker Peller has gone viral after confronting a woman who allegedly called him illiterate and accused him of being noisy at a restaurant.

SportsNigeria Vs Mozambique: 'Iwobi Has Really Improved' by nlfpmod(mod): 8:55pm On Jan 05
Osimehn with goal number 2 for the super eagles of Nigeria.💃🏾🤸🏾‍♂️🤸🏾‍♂️
Iwobi has been nothing short of being exceptional honestly. Dude has really improved.

Mozambique, brace yourself, more goals to come.
https://x.com/Marylinbeckas/status/2008263778547466263?t=-35SsUnXPcXOZimO6ZUNig&s=19

Politics“I Only Hate Christians Who Drink Beer” — Sheikh Gumi (throwback) by nlfpmod(mod): 4:09pm On Jan 05

https://www.youtube.com/watch?v=PfSAlalZPl8

Rev. Ladi Peter Thompson explains the historical role of Gumi in Nigeria from the late 90s into the early 2000s. He breaks down events that shaped the security and social landscape of the country.

“I only hate Christians who drink beer. Kill them all.” — Sheikh Gumi

— How a young Sheikh Gumi ordered the execution of 900 Christians in Kaduna State, upon his first arrival from Mecca.
Source

PoliticsNavy Takes Charge Of Lake Chad Waterways To Curb Terrorism by nlfpmod(mod): 1:42pm On Jan 05

https://www.youtube.com/watch?v=U1Xn9ojdh4w?si=oSmx9lROkLWsM_1L

The Chief of Naval Staff Vice Admiral Idi Abbas has announced that the Nigerian Navy will take charge of the Lake Chad waterways to deny terrorists access and freedom of movement.

This is a welcome development. There has never been a major joint military operation in the Lake Chad Basin, largely due to its remote Sahelian location and its proximity to poorly governed border regions.

The proliferation of arms into Nigeria has traditionally been routed through the Lake Chad corridor. A strong naval presence on Lake Chad is therefore essential if insurgent groups are to be decisively defeated.
Source

PoliticsWhat Is Sheikh Gumi Saying In This Video? Who Understands Hausa? by nlfpmod(mod): 10:06am On Jan 05

https://www.youtube.com/watch?v=TcUZje3NQAY

Someone that understands Hausa very well should please interpret what Sheikh Gumi is saying in this video.

Thanks.


ManirBK can you help?
PoliticsRe: 8 Soldiers Killed, 5 Injured In Damasak, Borno As Convoy Hit ISWAP's IED (Pics) by nlfpmod(mod): 9:25am On Jan 05
More pictures from the scene.

Politics8 Soldiers Killed, 5 Injured In Damasak, Borno As Convoy Hit ISWAP's IED (Pics) by nlfpmod(mod):

https://www.youtube.com/watch?v=-s9zhLV5T1I

Post shared by Journalist and Researcher, Malik Samuel:

8 soldiers were killed and 5 injured today when their convoy hit an IED most likely planted by ISWAP in Damasak, Borno State. From the crater and damage to the MRAP, it must have been a massive blast, especially since the soldiers killed were inside the MRAP, a mine-resistant vehicle designed to protect its occupants.

This is another sad reminder of the daily sacrifices our brave troops continue to make in this endless conflict. They pay the ultimate price so civilians can remain safe. Hopefully, their deaths are not in vain. There’s no question that the government needs to invest more in anti-mine equipment, as troops will face more of these threats as they ramp up pressure on both JAS and ISWAP.
Source

Aftermath of the IED Explosion That Killed Nine Nigerian Soldiers in Borno.

At least nine Nigerian soldiers have been confirmed dead following an improvised explosive device (IED) planted by Boko Haram near Gubio in Borno State.
The soldiers were travelling from Maiduguri and had stopped at a military camp on Saturday, intending to continue their journey the next day. Report confirmed the blast was caused by planted explosives, not a gunmen ambush. Eight soldiers died on Sunday from injuries sustained in the explosion, with another succumbing on Monday morning.

The affected troops were attached to 145 Battalion, Damasak, under 5 Brigade of the Nigerian Army. Video footage from Sahara Reporters shows the aftermath, marking another deadly attack on military personnel in the North-East, where Boko Haram and ISWAP continue targeting troops with explosives along patrol routes.
Source

Foreign AffairsRe: Venezuela People Hit The Street To Celebrate The Capture Of Their President..CNN by nlfpmod(mod): 9:59pm On Jan 03
PoliticsRe: Photos Of Venezuela's Maduro In U.S Custody After Capture by nlfpmod(mod): 6:55pm On Jan 03
Music/RadioKorra Obidi: LAVA (official Music Video) by nlfpmod(mod): 9:03am On Jan 03
EducationRe: Why Anthony Azekwoh Dropped Out Of Covenant University (CU) by nlfpmod(mod): 8:24am On Jan 03
Where do I even start. This was painful to read.
Abuse of power while using religion as disguise for many atrocities.
Dare I say we've turned a mere mortal like ourself to God. Question is why does a supposedly Christian sch cover up these wrongs?
Let me leave these here:
Opeyemi-Folasade @beautifulajike

EducationRe: Why Anthony Azekwoh Dropped Out Of Covenant University (CU) by nlfpmod(mod): 8:21am On Jan 03
The Power of One: Covenant University, A Shame of Nigeria (II)

Itbegan like those spy movies, where the authorities finally have the criminal cornered, and he has nowhere else to go.

The door burst open and the man was there, standing in the doorway with his arms crossed. “Get up,” he said. “Get changed. You’re coming with me.”

I put down my stylus — I was painting a self portrait for my birthday in two days — and I began to wear my clothes, patting down my hair. My roommates weren’t around, it was just me.

I didn’t ask him any questions, to do that would have been an insult to both of our intelligences — we both knew why he was here. We both knew what I had done.

As I was led away, there were stares and confused looks as I passed. I smiled and nodded, but that was to hide my shaking fingers and sweating back.

We got out of Joseph Hall, into the white bus, and we began the drive to CDS, where, for better or worse, Fate waited for me.

I was taken to the MSS office where I was sat down and my essay was read back to me.

I winced.

The woman looked at me, sighed, and took off her glasses. “Do you recognise these words?” She asked.

I nodded. “Yes,” I said. “I do.”

“Are you the one that wrote this…essay?”

I nodded again. “Yes.”

She smiled then, but it was the smile a shark would smile after cornering its prey. Then, she chuckled. “You don’t know what you’ve gotten yourself into,” she said. “Don’t you know the curse of Papa is on any who opposes him? And you, you’re just one person, what do you think you can do?”

I was quiet as beads of sweat rolled down my face. She was right.

In the office, there was a girl crying, filling an offence form. Her twitter account had retweeted porn and the school authorities got wind of it. She knew what was coming.

She continued. “Well, you’ll soon see, don’t you understand that this is libel, what you’ve said against your school? Are you not ashamed?” She stared into my eyes with the disgust saved for the devil himself, and she reached into her cupboard and brought out an offence form. She didn’t need to tell me much; I knew the drill.

“Hold on,” she said, looking at me, her eyes narrow. “In that form, you’ll say everything that Covenant has done to you. You better.”

So, I held the form in my hand, and the pen in my other, and I knew I had a decision to make. See, I’ve been in enough situations to know a trap when I see one. And this…this form, it was definitely one.

I wrote on it.

On the next day, May 16th, a day before my birthday, I was called to the Student Disciplinary Council on the count of “Impersonation: bearing a false witness of Covenant University to the media”.

I was scared.

I was lost.

I didn’t know what to do.

Waiting with me the next day were people with different offences. A group of final year women were there because their buttons didn’t cover up enough. Some guys were there for some dress code violation or the other. A family friend, beside me, was there because of an issue with a device technician. Different, yes, but, in all of us, was the idea that we were, supremely, bleeped.

When my turn came, after two hours, I walked to the gallows with shaky feet and weary bones. I hadn’t slept much the night before.

I stood before the council, men and women who I had seen once or twice, none who knew me personally, and then, the Head of Student Affairs, my essay in hand, read it out loud to the room.

Nobody said a word, everybody looked at me.

I had many thoughts of what they would say to me, many ideas and conspiracies about what they would do, but none, absolutely none, had a kind looking woman in them, staring into my eyes and asking, “What did we do to you?”

I paused.

When Nigerian elders ask what you did, it’s mostly because they’re about to take your words and hit you with them. But the way she looked, the way the others looked, something about it made me talk, and so, I did.

I told them about my religious life, and how I didn’t go to church, I told them about how hard it was to conform. I told them about my issues with their policies. I told them I didn’t mean to offend anyone, and that I’d take it down if need be, but that I just wanted to speak out.

And these men and women sat there, and they listened.

But those were half-truths, which, as you know, are only half-lies.

So, when I was asked, “Where you forced into this school?”

I paused. “No,” I lied. “I wasn’t.”

But, thinking about it now, months later, I shouldn’t have lied. I should’ve been honest. I was scared, and worried about what they’d do, and all that was on my mind was the many, many ways my father would kill me.

But still, I shouldn’t have lied.

I should have said yes, that I was. And most of us were. I should’ve gone on and told them the full truth of my experience. Of the thoughts I had, when my roommates were asleep, and all I would do was cry, and cry, because I was so unhappy, I wanted to kill myself. I should’ve told them that in these three years, I hadn’t known peace, that every semester felt like I was drowning deeper and deeper with the way I was treated. That, after the two assaults, I just didn’t feel like a whole human being anymore.

I should’ve told them about a friend of mine, who was taken advantage of by a lecturer, or my roommates, some of the strongest people I ever knew, who were driven to a dark depth when the suppressed attendance sheets were released. I should’ve told them that what they were doing, just wasn’t right. That they were hurting us.

But, I didn’t.

After I wrote my essay, students, hall officers, and even lecturers began to recognise me, and all of them bore that look on their face, the one that said, “That was just what I was thinking. Thank you.” And for me, that was more than enough. I want to write, and speak, and I want people to listen.

My pain in Covenant began with me, three years ago, crying on a foreign pillow, far from home, and scared of what would come next, but the pain ends with this: with me typing this essay and letting go of this weight on my back. I refuse to drown anymore.

There are so many people who have had their lives diverted because of this place, and I don’t think it’s right to ignore their stories. Stories are more important than you think, stories are what made Covenant what it is.

I write what I write, not out of spite, or anger, or attention, but for a need to see this place, and the people in it, myself included, become better......
https://anthonyazekwoh.medium.com/covenant-university-the-shame-a-trilogy-f3afe53c5bf3
EducationWhy Anthony Azekwoh Dropped Out Of Covenant University (CU) by nlfpmod(mod): 8:15am On Jan 03
I left Covenant University in what could have been my final year after 5 years of pain.
Here, in one place, is the body of work that once got me suspended.
Here is the body of work that set me free.
Covenant University: The Shame, a Trilogy.
Source



Covenant University: The Shame, a Trilogy.
Anthony Azekwoh

Kingdom of Pharisees and Sadducees: Covenant University, the Shame of Nigeria I

“I was going to die, sooner or later, whether or not I had even spoken myself. My silences had not protected me. Your silences will not protect you…. What are the words you do not yet have? What are the tyrannies you swallow day by day and attempt to make your own, until you will sicken and die of them, still in silence? We have been socialized to respect fear more than our own need for language.”- Audre Lorde

After being in Covenant for three years now, there’s this familiar shock I have whenever I see our school being praised in the media. I pause and think to myself, Is this the same Covenant I’m in? Is there a disc 2 I don’t know about? I believe that there are issues in our community, there are problems that need conversations if solutions are too far ahead, and by writing this, I am not bringing shame to my school or my country; I am bringing the shameful things to light and here, unlike the dark, they can at least be understood. I am not your god, everything I say in this essay is what I believe to be right and true, you are free to be angry, offended and even disagree, it is your right.

I think that a university, at its greatest, is a receptacle for ideas. This is a place where fresh minds come together to learn and grow and as a result, find new ways to better their community. For the student and society: a university is a place of change. A seminary is a place for theological investigation, where students are coming to learn more about the scripture and prepare themselves for a life in Christian ministry. I believe that Covenant tries to be a university and a seminary and utterly fails at both. I don’t think that any silly ranking holds weight in this conversation when students are being abused and have their basic rights denied; who has ranking helped abeg? Was Nigeria not ranked amongst the countries with the greatest potential in the world?

See, the nature of salvation is such that no matter how much you try, you can’t force it on another. I believe that a person decides whether or not they want to be saved and that decision can be made by only them. Not by their parents, not by their guardians, not by their school for gods’ sake; them and only them. That said, to think that forcing students and lecturers to go to chapel will boost spirituality is an idea that is silly at best and dangerous at worst. The chapel stops becoming a place of holy reverence and instead becomes a kind of prison where all the doors are locked and attendance is taken with biometrics while beady eyed men and women watch out to see the students who are sleeping and not standing up, while the lecturers quickly place their thumbs on the machines then turn to beat a retreat.

I believe that you insult your god when you force his own children to worship him. I believe that you insult your god by using worship of him to hurt and disenfranchise his children. I believe that you insult your god by disrespecting his place of worship.

To then use this chapel attendance as a basis to disrupt the academic activities of the students — what they’re actually paying school fees for — is an act beyond evil.

I believe that young people around my age who have issues with drugs have legitimate problems and suspending or expelling them to go back to their parents is a half assed solution to a problem that can last a lifetime, and then end it. Nobody does drugs for the fun of it, I don’t believe that any human in history has ever said, “Yo, my life is bloody amazing, everything is going right for me and by the way, can you pass the cocaine?” To be addicted at so young is an issue that should be confronted with attention and care, not with a suspension letter and shame, these students can be rehabilitated. They are not hopeless cases.

The rules of Covenant are much more than they are, they hurt everyone involved, especially the students. They empower exploiters all through the school system and allow students to be abused, physically, emotionally and sexually. With these rules, extortion and bribe become second language from security guards to lecturers. I’ve been assaulted twice now, and I can say boldly that the system does not care, they’d rather focus on whether or not we’re wearing ties and our hair is kept at an acceptable arbitrary length. But there are others who have lost much more than I have in Covenant, people who may never regain what was taken from them in this place. This is not a place of reform or spirituality, it is a kingdom of Pharisees and Sadducees where the world is upside down.

Covenant routinely disrespects its students in any way it can, placing limits where there should be none, rules where they are not needed. When students were suspending for not adhering to the dress code, their faces were shown to all of us during the chapel service so we could gawk and awe, an example was made of them but when our previous registrar was stepped down due to sexual abuse accusations, I don’t remember his picture being put up, I don’t remember there even being an announcement. When students die, they cover it up, barring the room and shifting the roommates, there are no moments of silence given, no respect to the dead.

Bad things happen in Covenant, and they don’t want you to know.

But faced against this blatant abuse of fundamental human rights, people respond with, “Well, just go to another school. I mean, is Covenant the only school that is there? If you go there you have to follow the rules.” My response coincides with Owei Lakemfa’s: I believe that it is the responsibility of any man or woman blessed enough to have resources to build a university to make a conducive and safe environment for students to learn not a prison camp that conditions students for mediocrity and abuse.

Then the people retort with, “But CU students are making waves all round, what they are doing is working.” I have two responses to this. I believe strongly that any person that was able to make it through Covenant did so despite Covenant and not because of it. This is a place that retards growth and knowledge and can never be the birthplace of anything great. The second is this: even if Covenant was producing Nobel Laureates every year, how would that make what it did to students right? What exactly would that change?

When we were younger, our mother told us that nothing in this world was free, I’ll advance this: everything has a price. Speaking as I have will have a price, the same way that being silent would have. There will never be a safe time to speak, there will always be something to lose and as the time goes on, what you can lose only gets larger. Education, I feel is one of the only guaranteed ways to get us out of where we are now. But I don’t see how any place can even dare to boast that it breeds a new generation of leaders when all it does is revitalise the spirit of old ones in young students.

A friend once told me that Covenant was an ideal that was allowed to live and I agree. The idea of Covenant should have been left well alone in a dark room and never have been brought into inception. Regardless, schools — if they can be called that — like Covenant, Babcock, Landmark, Madonna and their ilk serve a very important purpose: they are clear lessons telling us exactly what happens when religious organisations are free to run amok and do whatever they want. Maybe in the future, when the conversation somehow arrives at the topic of making a new university with a religious backbone, our descendants will frown and shake their heads, pointing in disgust at the past that narrowly escaped them, and maybe they’ll remember what we are now learning: silence comes first, and then, hell.
https://anthonyazekwoh.medium.com/covenant-university-the-shame-a-trilogy-f3afe53c5bf3

PoliticsRe: Senator Godiya Akwashiki Dead by nlfpmod(mod): 10:42am On Jan 01
LeeSmart:
No be this senetor wey dem been catch with person wife one certain time like that?
It was a false allegations

BusinessWhy Shoprite Shut Down; Moniepoint Trying To Recover ₦2.4 Billion Loan by nlfpmod(mod): 2:59pm On Dec 31, 2025
This explains the empty shelf at ShopRite shops before they finally shut down 👎


Before they finally closed their retail shops scattered all over the country, the Nigerian investors led by Tayo Amusan, who acquired ShopRite from its South African owners, took a ₦2.4 billion loan from Moniepoint's microfinance.

The loan was meant to be a working capital facility.

Apparently, the loan has stopped performing as ShopRite is no longer in business at the moment.

To recover their money, Moniepoint went to
court, two weeks ago seeking an order restraining every bank from releasing or dealing with funds held by Retail Supermarkets Limited, the owners of the ShopRite franchise in Nigeria, so it could recover the ₦2.4 billion working capital facility owed to it.


Moniepoint is learning in real time what older banks faced with Nigerian corporates who don’t like paying back their debt.

Onigbese is a culture and who we are as a people.

It is a deeply ingrained cultural practice that reflects the character of our people

Shoprite, under the Nigerian investors, was run so badly and mismanaged that suppliers were owed money months after supplying their goods.

This factor made local suppliers stop supplying their goods
.

Thst was the main reason why we saw empty shelf at ShopRite shops before they finally closed.

Little did we know that the Nigerian investors also owed Moniepoint and had refused to pay.

This is not how to run a legacy business.
Source

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