casualobserver: When you hear a crime is committed in a some specific countries, you know the people committing the crimes. South Africa, Ghana, anything Asia, Thailand, India, Indonesia, non English speaking Europe, ati be be lo….you know it’s the developers. If it’s Uk, USA, Canada , it can be any of us. If it is Saudi, you know it’s our people.
That’s the tribal demography of international crime by Nigerians. Northerners generally don’t participate in crime or being a nuiscance and a disgrace to the country abroad. If it is being a nuiscance to their hosts abroad, whatever the country may be..it’s only one tribe.
True that. You brilliantly captured the ethnic demographics of crimes committed by specific parts of Nigeria abroad. However, the Northerners are also into crimes such as religious extremism with some joining radical Sunni or Wahabi-inspired jihadi terror groups around the world and having linkages with Hezbollah and Shiite Iran on the other hand. As for drugs, the Northerners are into the local sale and use of Indian hemp, tramadol and more.
The drug trafficking cases that usually occured in Saudi has dropped massively since 2019 due to the stricter implementation of the death penalty. Some of those caught for drugs too have been found to be innocent and were released by the Saudis through the assistance of the Nigerian authorities in recent times.
However like you stated, those SE drug trafficking gangs are largely the only ones who are shamelessly commiting heinous crimes relentlessly in those African and Asian countries you mentioned to the detriment of the image of Nigeria and of innocent people.
beerfraud: They also impersonated customs officers to gain trust and siphon off money. The racket was allegedly orchestrated by Nigerian national Chinweoke Emmanuel Kanu with assistance of Nepali accomplices.
Polchiz: The same Reno who has been accusing EL-RUFAI of murdering Christian population in Southern Kaduna? Does he speak from both side of his mouth.
Reno isn't speaking from both sides of his mouth BUT is being factual in stating that there is NO deliberate targeting (by the current Federal Government led by Tinubu) of Christians in Nigeria.
However, in the recent past, Nasir El-Rufai who is an individual and former Kaduna State Governor irresponsibly NEVER hid his supporter for his Fula herdsmen and kinsmen from foreign countries to kill innocent Southern Kaduna citizens and he was on Channel Televisions in 2017 (the video is the Channels Television YouTube channel) to brag about paying millions of Nigeria's money to these gangs of Fulas from Cameroon and other Sahel countries to supposedly stop the killings in Southern Kaduna instead of getting those criminals arrested via Interpol BUT the killings in Southern Kaduna NEVER stopped. Just in early 2025, via an online post, Nasir El-Rufai's son ALSO CLEARLY posted a highly irresponsible and inciting message threatening to support his Fula people against the Southern Kaduna folks if any issue arises again. He deleted the post later after facing a very STRONG online backlash.
[quote author=aisha111 post=137024441]Body: Reno Omokri has just called out Republican Congressman, Senator Ted Cruz for lies against the Nigerian state.
Source:
No, Senator Ted Cruz, Nigerian Officials Are Not Facilitating Genocide Against Christians pic.twitter.com/4h4r6srNPX
is looking very handsome in those screenshots with his low haircut and we'll-styled moustache and beared.
On the other hand, he's right that there's NO deliberate targeting of folks along religious lines by the Federal authorities and this is why it's very important for the security and intelligence agencies to quickly respond to all major and minor security problems in each state so that propagandists do NOT spin false tales online and offline for some uninformed "Rethuglican" Senator to chew on like a cow chewing the curd.
The foreign Fula bandits and local criminals in each State of Nigeria have to be totally taken down and NOT given any form of leniency. Enough said.
DiamondsAreFore: Hamas says it has agreed to release all Israeli hostages, living or dead, as part of US President Donald Trump’s proposed Gaza peace plan.
In a statement on Friday, the militant group said it was prepared to “immediately engage in negotiations through mediators to discuss details of this matter”.
The Palestinian militant group also said it agrees to hand over the administration of Gaza to an independent body of technocrats, “based on Palestinian national consensus and Arab and Islamic support”.
“Other issues mentioned in President Trump’s proposal regarding the future of the Gaza Strip and the legitimate rights of the Palestinian people are connected to a unified national position and relevant international laws and resolutions,” Hamas said.
“They will be addressed through a comprehensive Palestinian national framework, in which Hamas will participate and contribute responsibly.”
Hamas’s acceptance comes just hours after Trump offered a firm ultimatum for the group to respond to his proposal by Sunday evening.
A failure to respond, Trump warned, would cause “all HELL, like no one has ever seen before” to break out.
The White House had unveiled the 20-point roadmap for peace in Gaza on Monday as Israeli Prime Minister Benjamin Netanyahu prepared to meet with Trump in Washington.
The plan included an immediate end to military operations and the release of all hostages within 72 hours.
It also detailed that Hamas would have no governing role in Gaza. Instead, the enclave would be governed by a “technocratic, apolitical Palestinian committee” and a “board of peace” made up of international leaders.
Netanyahu had agreed to the plan on the basis that it “fulfilled Israel’s war goals”.
There has been no immediate comment from Trump’s administration.
It is also unclear how or when the proposed peace deal, now accepted by Israel and Hamas, will be implemented.
Mlkseth: Free medical advise from a medic: Fungal infections are very stubborn but for this your level of disease I'd advise you to use both a systemic dose and topical dose of antifungal medication
Buy and use tabs fluconazole oral single dose 150mg
Then buy clotrimazole cream apply to affected area 2 times daily if you're a Muslim don't apply when you know you will be performing ablution. Night time might work best for you. It will be over very soon but as it's a fungal infection it could still recur in the nearest future if you're not lucky you could then repeat the entire process
Mix 1 and 2 together in equal portions then soak the cotton wool in the mixture and clean between your toes 5 times or more daily. In three week u will get relief.
StagethemTVee: Son of late pastor Bimbo Odukoya, Jimmy Odukoya disguised himself during this yuletide season as a homeless man to see how people will react in kindness or otherwise. He stormed a shopping mall and the reactions were classic.
AlphaSoul: Awesome one from Bose Owolabi of Dukia Gold at a time the price of gold and other metalic commodities are high. Value-addition is the new normal globally.
prof2007: The Federal Government has commissioned the operations of Dukia Gold and Precious Metals Project (DGPMP). The project is expected to enable Nigeria mine her gold reserves properly, trade responsibly and refine locally.
The Vice President, Prof. Yemi Osinbajo, while performing the virtual commissioning of the project, said Nigeria has potential reserves of 200 million ounces of gold reserves. He disclosed that the Dukia Gold and Precious Metals Project has been under construction for 7 years and it was his pleasure to see that the project is ready to start operations.
According to a press statement issued by the Director of Press, Federal Ministry of Mines and Steel Development, Mr. Edwin Okpara, the Vice President said, “I believe the Dukia gold project will encourage the emergence of smaller-scale mining companies which, for the first time, would have a transparent and welcoming market for their mined gold and precious metals. This would create jobs and unleash the economic potential of mining communities.”
Going further, he said, ‘’The project will create primary employment for local artisanal miners and mining cooperatives across the solid minerals value chain. Off-take agreements between DGPMP and local mining communities and owners of recyclable gold will be a useful provider of jobs in our post COVID-19 economy.”
Osinbajo also commissioned the Dukia-Heritage Bank Gold and Precious Metals Buying Centers, which is part of valuable private sector collaboration. He opined that the buying center would provide a sustainable way for Nigerians to exchange their gold jewelry and other precious items for cash.
The vice president added, “This system of exchange not only helps to encourage a culture of recycling, but will also serve as a complementary source for the raw materials needed for the Dukia Gold & Precious Metals Refining Company.”
Osinbajo promised that the federal government would provide support and facilitate policies to ensure successful deployment, implementation, and sustainable operations of the Dukia gold project as well as continuous support of the mining sector.
The Minister of Mines and Steel Development, Mr. Olamilekan Adegbite, in his own statement, said the launch of Dukia-Heritage is a testament of the unwavering effort of President Muhammadu Buhari’s administration to serve as a business-friendly regulator by providing the enabling environment for business to thrive.
Adegbite stated that the Buying Centre Initiative (BCI) would bring about efficiency and transparency to physical trading and transactions of mineral commodities in the country and also ensure that artisanal miners would receive the right pricing for their goods relative to illegal off takers. The minister pointed out that his ministry has licensed two gold refineries and created a conducive fiscal and regulatory enabling environment for them to thrive of which Dukia is one of them.
Afrobeats superstar Davido has sparked conversation with a bold statement about his wealth, work ethic, and personal struggles.
Speaking candidly, he said, “Even if I stop working today, I have billions of dollars. But with so many odds against me, I said, ‘F**k it, I gotta do this.’”
The singer’s words have resonated with fans, highlighting the challenges of fame, success, and resilience.
A European man currently residing in Nigeria has sparked conversation online after declaring that he feels freer in Nigeria than in Europe.
According to him, life in Nigeria offers more personal freedom and openness, challenging common perceptions about migration and lifestyle differences between Africa and Europe.
kunle4toyeyaho: Stolen wealth? I am not defending him but he has done so well for himself before becoming a minister. Adelabu is a chartered accountant and also a chartered banker ,he rose to become CFO of first bank and later a Deputy Governor of CBN.There are many properties he could have acquired on his own before becoming a minister. Not all wealth is stolen
casualobserver: I am not a fan of Adelabu. But he owns best western hotel in Ibadan. It is one of the premium hotels in Ibadan and is always fully booked whenever there is an event in ibadan. He built that hotel as far back as 2018. A man who can build a hotel of that magnitude is capable of building a house of this magnitude.
I also hear (not confirmed) that the house is not new.
President Tinubu’s Minister of Power, Bayo Adelabu, has showcased his luxurious White House-inspired mansion located in Ibadan, Oyo State. The grand residence has sparked conversations online, with many admiring its architectural elegance and scale.
Hopez456: A lot of ignorance on this thread. Only public buildings are to be compulsorily insured. Such buildings as plazas, offices, malls petrol stations, schools etc. Residential building insurance is optional.
Cc: seun and the mods should correct this misinformation. The the insurance act is out there for all to see.
The Federal Government of Nigeria has made insurance on buildings compulsory, a move that many citizens believe will further increase house rents.
Critics argue that the policy adds to the growing tax burden on Nigerians, with some accusing the government of stifling the poor instead of providing relief.
Kushites: You guys don’t know what is happening in Burkina Faso.
Since Traore came in, revenue has increased tenfold because he stopped the French deals that saw his country get 10% of the profits from its export trade in gold and other minerals, to something like 80% today, especially using indigenous labour and Russian/Chinese help.
He is showing that these countries are actually very rich. It was their Exploitation by the west that has kept them in poverty.
So if he’s building such a stadium, it’s no biggie. They are very rich in gold and minerals, and now They - not the French - control that wealth.
Go to Burkina Faso. The entire country is a construction site. Why will a stadium not be included?
Mankind2024: 👍 The audio version is no longer available on YouTube. Fortunately, i downloaded it. Another version is: Mark Douglas trading psychology: 25 important lessons for your trading journey.
Mankind2024: Locod.emy is surely a rich man, but he would've been one of the wealthiest man from Imo State.Lol. I do hope he stops toeing the line of Cathie Wood, one of the best stock pickers in the world, but a bad wealth manager. This woman would pick stocks before the mainstream Wall Street gurus and media ever heard about them, but before you'd say 'excuse me, ma,' she was already out of the stocks in the name of booking profits – only for the stocks to return 300 to 400%. This happened with Netflix @ sub $100 Nvidia @ sub $10 before reaching high of $1k plus and eventual stock splits, Palantir @ sub $7 Broadcom @ sub $50, Apple @ sub$50, Amazon @ sub $50 Tesla at sub $30, Bitcoin @ sub $2000 etc. It was this intrinsic behavior that made Morningstar investment magazine name her the 'Wealth Destroyer of the Decade.'
Ask Locode.my about Transcorp at N0.90, Champion Breweries @ subN3, Ellah Lakes @sub N3, Living Trust @ sub N2, C&I Leasing @ sub N3, Sterling @sub N3, Academy Press @ sub N2, Caverton at sub N3, FTN Cocoa @Sub N2 etc. I'm not sure if he ever traded Ikeja Hotel and Honey Flour! Imagine what the N50M of Locode.my invested in all these stocks in 2022 would be worth today in 2025? Your guess is as good as mine – N1.5B as a conservative estimate!!!!
Mankind2024: Meet Harry Markowitz, the legendary economist and investor who pioneered Modern Portfolio Theory (MPT) and the Efficient Frontier.
Life and Biography Harry Max Markowitz was born on August 24, 1927, in Chicago, Illinois, to a Jewish family. He developed an interest in physics and philosophy during high school and pursued these interests at the University of Chicago. Markowitz specialized in economics, studying under notable economists like Milton Friedman and Jacob Marschak. He received his Ph.B. in Liberal Arts in 1947 and his A.M. in Economics in 1950. Markowitz worked at the RAND Corporation, Cowles Foundation, and City University of New York, and later taught at the University of California, San Diego. He passed away on June 22, 2023, at 95.
Quotes - "A good portfolio is more than a long list of good stocks and bonds. It is a balanced whole, providing the investor with protections and opportunities with respect to a wide range of contingencies." - "Advisors can create the best portfolios in the world, but they won’t really matter if the clients don’t stay in them." - "Diversifying sufficiently among uncorrelated risks can reduce portfolio risk toward zero. - "The smart investor buys and holds index funds. - "I never was aware of the Great Depression." - "I would never be 100 percent in stocks or 100 percent in bonds or cash."
Achievements - Developed Modern Portfolio Theory (MPT), which revolutionized investment management by introducing the concept of diversification and risk management. - Published "Portfolio Selection" in 1952, a seminal work that laid the foundation for MPT. - Awarded the John von Neumann Theory Prize in 1989 and the Nobel Memorial Prize in Economic Sciences in 1990. - Co-founded GuidedChoice, a 401(k) managed accounts provider and investment advisor. - Served on the advisory boards of several investment firms, including Research Affiliates and Index Fund Advisors ² ³.
Simple Personal Finance Lessons
- *Diversification is key*: Spread investments across different asset classes to minimize risk. - Maintain a balanced portfolio: Allocate assets according to risk tolerance and financial goals. - Rebalance regularly: Periodically review and adjust portfolio allocations to ensure they remain aligned with investment objectives. - Stay invested: Avoid panic selling during market downturns and ride out market fluctuations. - Keep saving regularly: Consistently invest over time to benefit from dollar-cost averaging and compound interest. - Understand your risk tolerance*: Invest in a way that aligns with your comfort level with market volatility.
Mankind2024: @EDU.ECO, I suggest you listen to this video lecture. You'll realize that Mr. Chuka is just getting started with investors. He's only in phase zero of the game.
Mankind2024: BBNaija and the Growth of My Portfolio
In 2017, during the BBNaija Season 2, titled "See Gobe," the winner, Michael Efe-Ejeba, received a cash prize of ₦25 million (approximately $$83,400$ at the time) and an SUV. The prize money was the envy of many, including me. It wasn't that I couldn't have made more than the cash prize and the SUV, but financial independence was a distant concept for me. At the time, I always had to seek validation before investing, or I would invest in trending "hot stocks" on the NSEMPA forum, no consistency. There was no self-confidence and no basic knowledge of the fundamental principles of investment. The result was self-sabotage, stemming from a lack of understanding of compounding and dividend reinvestment strategies. Following the herd was my greatest undoing. At that time, I did not trust the market nor did I have a strategy to actualise financial freedom. Eight years later, I feel I have made up for lost time after learning by reading books, articles, and publications by several legendary American investors: Benjamin Graham, Warren Buffett, Peter Lynch, Jack Bogle, Jesse Livermore, Ray Dalio, and many others. During the award-winning ceremony of season 2 BBN, hosted by Ebuka Obi-Uchendu, a thought flashed through my mind: one day, I would surely make a hundred times this prize money. How I would achieve this was unknown, but the belief and determination were very strong. Abundant wealth starts with the individual: think, act, and grow rich.
In late 2019, I decided to return to the NGX with a strong determination and consistency that I would never again allow the fear of a bear market, sell-off, downturn, or recession to drive me away. I had already learned the PATIENT, secret of stock market investing. At this point, I began to trust the market, making risk my best friend, volatility my investment adviser, and a bear market an opportunity for an early Christmas promotion. No more "sell in May and go away." At the peak of COVID-19, during the "urgent ₦2k" slogan era in Nigeria, I remained in the market. I established strong positions in the FMCG (Fast-Moving Consumer Goods), Transcorps and Banking sectors. I watched my portfolio obey one of the investment creeds: "Time in the market is better than timing the market," and "The best time to invest in the market was yesterday, and the next best time is today." Fast forward to today, without relying on luck, the probabilities of the market are swinging in my favour, simply by obeying the fundamental principles of investing. Using value cost averaging and the power of compounding, I have grown my NGX portfolio from ₦8 million to 9 figures (2020 to date). Meanwhile, my NYSE portfolio is also benefiting from my experience as a dedicated "Naija investor." I have been able to grow it from a loss of 60% in November 2023 to a gain of 213.2\% as of July 25, 2025.
The best lesson I have learned so far in my investment journey is that the greatest enemy of an investor is the investor themself. We investors often sabotage compound interest in the name of "profit booking" at the peak of a bull run, even when there is no obvious need for the money. We do it because of the fear of a bear market, the fear that "you haven't earned anything until you sell," the fear of a downturn or sell-off, an over-reliance on highly biased technical indicators, and trusting bearish market forecasters more than our own instincts and the market's intrinsic fundamentals, forgetting that We are investors, not traders. Yes, the bear will always come, but that is not a cogent reason to sell off our assets in blue-chip, dividend-paying companies, only to end up buying the same assets back at a premium. To overcome this fear, we need to prepare for tomorrow. We investors also tend not to trust the incumbent President of Nigeria due to a deep-seated dislike for him and his tribe. We do not believe him when he says he is on a mission to grow Nigeria's economy to $1trillion. However, the stock market seems to be pointing in the direction of this promise. A recent experience was an act of self-sabotage I perpetrated against myself. Following the announcement of bank recapitalisation in 2024 by the CBN (Central Bank of Nigeria), I sought public validation on the NSEMPA forum about what would likely happen to the prices of Tier-1 banking stocks on the NGX after the recapitalisation and rights issues. As expected, the herd's conclusion was that the outstanding shares and imminent dilution would be too much to support their prices at the time. Trusting this, I decided not to take my rights offers in GTCO, ZENITHBANK, UBA, ACCESSCORP, and FBNHOLDINGS, despite having the financial muscle, with the hope that the stock prices of Banks would crash by January 2025. Alas, the market proved me wrong. I was severely punished by the market for not trusting it. Right before my eyes, the bank stocks appreciated and also paid dividends to subscribers of their rights issues. It was a lesson learned the hard way. I quickly made an effort to buy back the time and oversubscribed by 100% to the STANBIC IBTC rights issue, which was executed in February 2025. Unfortunately, no dividend was paid to their rights issue subscribers. Not only that, but I was also allotted only 50\% of my subscription, and the excess money was refunded.
My humble advice for discerning individual investors is: do not time the market. Invest, seize the day, diversify, and trust the market. The stock market is not a get-rich-quick scheme; however, rewards might come sooner than you think. No one has a crystal ball to tell us what the market will do tomorrow. In the same way, no one knows who is going to win the ultimate prize of ₦150 million announced for the 2025 Season 10 of BBNaija. We can only guess. My mind is relaxed because my growing net worth is more than the ultimate prize. My SMART goal is on course, and victory is certain. NGX: ₦1 billion (2027) and NYSE: 1$ million by 2030. So help me God.
SonofElElyonRet: "At present, Japaul has 5 Gold mines in Nigeria. We have 20,576kg (i.e 636,856 ounces - inferred) in GOLD RESERVE from 15% of exploration done on our licenced mines"
“Presently, Japaul has 637,000 inferred reserve ounces of gold, which worth $1.551 billion on its mining leases that it has acquired"
Investment › Re: Nigeria Leads Worldwide In Crypto Ownership by XAUBulls: 6:30pm On Oct 05, 2025
