Author: tundeoyeyemi2002
Nigerians may face another wave of fuel shortages as independent oil marketers threaten to halt operations across the country, citing an inability to match new ex-depot prices set by the Dangote refinery.Dangote announced ₦774 per liter Independent marketers claim the price leaves them with virtually no profit margin after shipping and operating costs.What this means for you:Potential hits: Marketers threaten to withdraw services in solidarity with monopolies and unsustainable pricing structures.Snap up: Fears of scarcity could lead to long lines at gas stations in major cities.Price increase: Despite lower refinery prices, consumers could end up paying more at the pump…
Mahmood Yakubu, former Chairman of INEC, explained that the voter certification machines used during the elections operate offline and do not require an internet connection to verify voters, noting that internet is only required when results are uploaded later. Former Chairman of the Independent National Electoral Commission (INEC), Mahmoud Yakubu, has shed light on the workings of the voter certification machine during Nigeria’s elections. Yacoub explained that the Dual-Mode Voter Authentication System (BVAS) used on election day does not rely on an internet connection to verify voters. According to him, the device is designed to operate offline during the certification…
The Nigerian naira took another hit in the parallel market, falling to a staggering 1,750 pesos against the US dollar following the release of strong employment data from the United States.The decline was in direct response to the U.S. non-farm payrolls (NFP) report, which showed a stronger-than-expected labor market, which strengthened the dollar globally and put significant pressure on the naira.Why your savings are at risk: Analysts have warned that if the Central Bank of Nigeria (CBN) does not intervene soon, the naira could depreciate further, pushing up the cost of imported goods, fuel and food across the country.fact: naira…
Nigerians may face another wave of economic stress as the naira took a hit in the parallel market, plunging to a staggering £1,750 against the US dollar following strong employment data from the United States.The decline was in direct response to the U.S. non-farm payrolls (NFP) report, which showed a stronger-than-expected labor market, which strengthened the dollar globally and put significant pressure on the naira.Why your savings are at risk:US data impact: Financial experts warn that U.S. 66,000 jobsmore than 60,000 people were expected. This makes the dollar the “king” and crushes the naira.Potential depreciation: Experts predict that the currency…
A Nigerian woman has gone viral after criticizing bride price, saying it has become a financial barrier for many men to get married and has led to some women remaining unmarried in their 30s. According to her, some men who are ready to settle down are unable to do so because they cannot afford the financial requirements that come with a bride price. A video of a young Nigerian woman criticizing the practice of bride price has gone viral on social media, triggering widespread reactions online. The video, shared by X user @mazi_chinonso1, shows the woman expressing dismay at what…
Bisola Badjo, a Nigerian pastor and founder of Celebration Church International, stressed the need for women to separate feminist ideology from marriage. She claimed that marriage should be based on biblical principles rather than contemporary social movements. The Bible clearly defines roles in marriage: wives must submit to their husbands, and husbands must love their wives unconditionally. Nigerian pastor, author and founder of Celebration Church International, Bisola Badjo, advises women to separate feminist ideology from marriage, noting that marriage is guided by biblical principles rather than modern social movements. According to her, the Bible outlines specific roles in marriage, with…
Deacon Famous has accused actress Ekene Umenwa of threatening and trying to intimidate him after he posted a video about her, warning that he may reveal more information if pressed further. He further claimed that the actress contacted his godmother and made shocking remarks. Popular content creator, Deacon Famous has publicly accused Nollywood actress Ekene Umenwa of allegedly threatening and targeting him after he made a video about her. In a strongly worded statement, Deacon Famous claimed that he has faced backlash since posting the video and has allegedly been intimidated by people close to the actress. “Ever since I…
Reno Omokri claimed that the request for instant transmission of election results was aimed at disrupting INEC’s servers, which he claimed were attacked 12 million times during the 2023 elections. Former presidential aide Reno Omokri claimed that calls for immediate transmission of election results were due to attempts to disrupt the Independent National Electoral Commission (INEC) servers. In a video circulating online, Omokri claimed that those advocating electronic transmission of results were intent on manipulating the electoral system. According to him, similar attempts were made during the 2023 general election. He said INEC’s servers were attacked “12 million times” during…
Nigerian media personality Joshua said he can only date women who earn at least 500,000 naira a month, stressing that he values financial independence rather than her money. He explained that he wanted a partner who earned enough to be able to easily take care of her personal needs without having to rely on him. A Nigerian media personality named Joshua has sparked debate online after he revealed the minimum income a woman must earn before he would consider dating her. Joshua said on his X account @JJExclusive1 that he has strict financial standards when it comes to relationships. “I…
Veteran Nigerian entertainer and social activist, Charles Chukwuemeka Oputa, popularly known as “Charlie Boy” or “Zone Fada” has finally opened up on the ongoing speculation surrounding his sexual orientation. The maverick performer, known for his unconventional lifestyle and bold self-expression, said he has always lived his life transparently and unconcerned with public opinion or criticism. In an interview with KAATRUTH, Charlie Boy described himself as someone who had nothing to hide, stressing that he had never felt the need to hide any aspect of himself. According to him, people who live secret lives often do so out of fear, a…