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Showing posts from April, 2022

Global Exchange Rate

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Researched by Araba, Olawale Enifenilanfe Sterling edged up from a new 21-month low against the dollar hit earlier on Wednesday after Britain’s weak economic outlook and higher than expected government borrowing dented the Bank of England’s (BoE) monetary tightening narrative. Money markets have been scaling back bets on the size of BoE rate hikes, pricing in 144 basis points (bps) worth of tightening by year-end from 160 bps last Friday. The pricing was at 140 bps late on Tuesday. [IRPR] Data showed that government borrowing in the 2021/22 financial year was almost 20% higher than forecast. British retail sales slumped in April, with the first fall in volumes in more than a year, reflecting a cost-of-living squeeze and changes in spending patterns and adding to signs of a slowdown in the economy. Unicredit forex strategist Roberto Mialich said he expected a further scaling back of expectations for BoE monetary tightening in the medium term as he forecast the BoE to raise its policy ra...

Black Market Dollar To Naira Exchange Rate Today.

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​ Researched   By Araba, Olawale Enifenilanfe  Very Important: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦587 and the price can change (high or low) within hours. According to report update; The players in the parallel market, famously known as the black market, bought a dollar at N582, and sold for N585 on Thursday evening , April 21, 2022, after they bought at N595 and sold for N600 on Easter Sunday evening . The exchange rate between the naira to dollar, and dollar to naira on Thursday evening showed that the Nigerian official currency, the naira is still struggling to gain heavily against the United States dollar months after a steady rise which saw it gain over N25, since it fell to its lowest of N575, to a dollar on September 20, 2021. Meanwhile, Newsone Nigeria reports that this is coming months after the Central Bank of Nigeria (CBN) ha...

IKORODU OGA, THE CITY OF ELITES.

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Edited By Araba, Olawale Enifenilanfe Ikorodu is a large city in Lagos State, Nigeria. It is located to the north-east of Lagos City, along the Lagos Lagoon and shares a boundary with Ogun State.  At the 2006 census the population was 535,619. It is the largest local government in Lagos State. Indigenous settlers of Ikorodu emigrated from Sagamu in Ogun state. [citation needed]. “ God First ”... “The Paramount King Ruler in Ikorodu, Lagos State, Nigeria is “ His Royal Highness, Oba Kabir Adewale Shotobi , Adegorushen V, The Ayangbure Of Ikorodu👑 #Tobalase🗣✌️💎🎁👑🌟💡🌐✔️ #OlorunLoniKoribe🤴🌟💡🌎📡🇳🇬🇬🇧🇺🇸🇨🇦💰💶💷🌐🤝👌🏻✔️ #GodBlessMe🙏📡🌐💰💷💶🌟💡🌐🎁🇳🇬🇨🇦🇺🇸🇨🇦🤝👌🏻✔️... #GodBlessIkorodu, #GodBlessLagosState, #GodBlessNigeria! #SoHelpUsGod🙏🌟💡🌍🇬🇧🇺🇸🇨🇦📡🔝🔛💎💚🌐 🇳🇬 💪💰💷💶🎁✔️ 

Twitter Think-tank Elon Musk’s Acquisition Offer

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Edited By Araba, Olawale Enifenilanfe Twitter is closing in on a deal to sell itself to billionaire, Elon Musk, that could be announced as soon as Monday, Reuters and Bloomberg reported, citing people familiar with the situation. Twitter could accept Musk’s original offer to pay $54.20 per share in cash, according to Reuters, and the Wall Street Journal, valuing the social media company at about $43 billion. There is still a possibility the deal collapses during the final stages of negotiations, the Wall Street Journal reports, though Twitter may make the deal official as soon as Monday, after its board meets with investors, according to Reuters. Twitter shares jumped 4.7% to $51.25 in pre-market trading, continuing the stock’s gains since Musk’s bid for the company became public earlier this month. Twitter did not immediately respond to Forbes’ request for comment. Musk, the CEO of Tesla and SpaceX, became Twitter’s largest shareholder on April 4, when he purchased a 9.2% ...

Russian ruble emerges stronger, 3 months into the Russian-Ukraine war.

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​ Edited By Araba, Olawale Enifenilanfe  ...the ruble is currently trading at 74.49 rubles per dollar. April 25, 2022: Despite interest rate cuts, Russian ruble holds steady against the dollar On Sunday, Russia entered the third month of its invasion of Ukraine, with no sign of an end in sight. Despite severe pushback in the shape of the toughest economic sanctions ever imposed on a country, the ruble, the Russian currency, appears to be strengthening. What’s become evident is that, despite an enormously broad package of sanctions on Russia’s government and oligarchs, as well as an exodus of foreign enterprises, the moves are mostly ineffectual if foreign nationals continue to consume Russian oil and natural gas, which supports the ruble. On Feb. 24, the first day of the invasion, the ruble traded at 81 rubles per dollar. At the time of writing this article, the ruble is currently trading at 74.49 rubles per dollar. This figure comes after Russia’s central bank cut back on its hawk...

Citizens Clamoured For More PVC Registration Exercise In IKORODU LG

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Written by ”Araba, Olawale Enifenilanfe”   Today, 24th Of April, 2022: The Ikorodu Local Government had their “FREE PVC SENSITIZATION AND REGISTRATION EXERCISE“ today, (Sunday) 24th Of April, 2022 in the Local Government Secretariat hall. Due to the rain downpour today, the exercise  started late (12:00pm), while the INEC volunteers were able to attend to a hundred participants within the time being; 12:00 pm through 3:30 pm afternoon. The citizens, visitors and residents adjudicate for more present of the PVC exercise, for their pvc activation to be successfully valid for their franchise demonstration in the forth coming elections, as a good citizen of this great nation (Nigeria). Courtesy:  The Ikorodu Local Government   Executives; Chairman, Hon. Wasiu Ayodeji Adesina & His Vice, Hon. Princess Afolashade Olabanji Oba   re to start composing...

Aarebirin Hon. Princess Folashade Olabanji-Oba Mourns Alaafin of Oyo.

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​ 24th April 2022. He was an encyclopedia of Yoruba history, ebulient personality and was full of  wisdom  Aarebirin Hon Princess Folashade Olabanji-Oba , National Deputy Chairman ( Association of Local Government Vice Chairmen of Nigeria) and Executive Vice Chairman Ikorodu LGA commiserates with the entire Yoruba race and the good people of Oyo State on the ascension unto glory of His Imperial Majesty, Oba Dr. Lamidi Olayiwola Adeyemi III, Iku Baba Yeye, Alaafin of Oyo to join his ancestors.  Aarebirin Hon Princess Folashade Olabanji-Oba, who is also the founder of Asiwaju Distinguished Ambassadors Movement and National P.R.O. ( Women For SWAGA) said that  We cannot overemphasise the importance of His Majesty’s role as a father figure in the fight against insecurity, kidnappings and pervasive corruption in Nigeria; particularly been the voice of the Yoruba people, which is mostly needed now, considering the present aggravated perilous times we are confronted with....

FREE PVC SENSITIZATION AND REGISTRATION EXERCISE IN IKORODU LOCAL GOVERNMENT TODAY.

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​Broadcast & Edited by Araba, Olawale Enifenilanfe   Today, 24th Of April, 2022: The Ikorodu Local Government under the administration of The Executive Chairman, " Hon. Wasiu Ayodeji ADESINA" & His Vice, " Hon .  Princess Afolashade Olabanji Oba"  synergies to engage youth participation in governance through FREE PVC SENSITIZATION AND REGISTRATION EXERCISE for voters accountability, and peaceful coexistence on the coming election. _ Are you a youth between ( 18-35),  live in Ikorodu and it's Environs, and would like to get your Permanent Voter's Card (PVC) but don't have the time due to work and other reasons. _ Are you one of those who believe that Vote does NOT Count and don't have any interest in getting your PVC or participating in the election process? _ Have you started your PVC registration but got stuck at a point and have not been able to complete your registration nor collected your PVC? _ Do you have your T...

APC To Announce New Date For Sale Of 2023 Nomination Forms

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The ruling All Progressives Congress (APC) has rescheduled the commencement of sale of Expression of Interest and Nomination Forms to its aspirants earlier fixed for Saturday, April 23, 2022. A new date is expected to fixed by the party’s leadership on Monday. The party has also embarked on the reorganisation of its national secretariat by ordering its six directors to embark on compulsory leave. A letter dated April 21, 2022 signed by the national secretary of APC, Otunba Iyiola Omisore, directed all the directors to go on leave and hand over their departments to the most senior person. Recall that the last Wednesday APC’s National Executive Committee (NEC) meeting had approved the timelines for sale of nomination forms to aspirants to commence this Saturday But a credible source told our correspondent that the APC’s Directorate of Organisation was yet to take delivery of the forms, due to failure of the contractor handling the printing of the documents to deliver as sched...

​TO ALL APC EXCOS & DELEGATES

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NEW STRATEGIES OF PRIMARY ELECTION. 1. No Ward EXCO member will be a delegate at the State Congress for the nomination of the governorship flagbearer, unless he or she is elected as one of the 5 adhoc delegates. 2. At the Ward level, only the Chairmen and Secretaries will be delegates at the House of Representatives and Senatorial primaries. 3. All Ward EXCO members will be delegates at the House of Assembly primaries. APC Delegates for Governorship Primaries under the 2022 amended Constitution [See Article 20(4), read in conjunction with Article 12(8)]:  - Members of the National Advisory Council (former BOT) from the State; - State Chairman and members of the State Executive Committee; - State Governor and Deputy Governor, who are members of the Party;  - all serving and past members of the National Assembly, who are members of the Party from the State; - All members of the National Executive Committee from the State; - All serving and past members of the State House of Asse...

Be Neutral Or Get Punished, Inec Official Get warned.

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   Edited By Araba, Olawale Enifenilanfe.   INEC Chairman, Professor Mahmood Yakubu, speaks during a meeting with Resident Electoral Commissioners (RECs) at the commission’s headquarters in Abuja on April 22, 2022. The Independent National Electoral Commission (INEC) has warned its personnel across the country to remain unbiased and apolitical or risk being punished. INEC Chairman, Professor Mahmood Yakubu, gave the warning on Friday at the second regular quarterly consultative meeting with Resident Electoral Commissioners (RECs) at the commission’s headquarters in Abuja. His warning comes ahead of the primary elections by various political parties to elect their candidates for the offices of the president, governors, and other various positions in the coming general polls. “As required by law, the commission shall monitor the primaries in the constituencies where the parties intend to field candidates,” Yakubu informed the RECs. “This means that the State offices will be...

Oba Adeyemi Lamidi, The Alaafin Of Oyo; Join Ancestors At 83

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Edited By Araba, Olawale Enifenilanfe   The 44th Alaafin of Oyo in Oyo State, Oba Lamidi Olayiwola Adeyemi III (Iku Baba Yeye), has passed away after days of illness. Aged 83, Alaafin Adeyemi III passed away after 51 years on the throne of his forefathers, at the Afe Babalola University Teaching Hospital in Ado Ekiti, Ekiti State at about 12.30am on Saturday. LEADERSHIP reports that the late Alaafin was a close friend of the founder of the Afe Babalola University, Ado Ekiti (ABUAD), Aare Afe Babalola, SAN, the Aare Bamofi of Yoruba Land. Alaafin Adeyemi III is said to be the 8th ruler of the modern Oyo Kingdom. Born on October 15, 1938, his grandfather and father were previously Alaafin of Oyo at different times. He became the Alaafin of Oyo in January, 1971 and had few months ago celebrated his 51st anniversary on the Oyo throne. ADVERTISEMENT LEADERSHIP learnt that necessary traditional rites preceeding the burial of an Alaafin had begun on Saturday morning in Oyo town. The 44th ...

IKORODU APC Leaders Endorsed OGA For LAHA 2023

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By Araba, Olawale Enifenilanfe. Today, Thursday 21th Of April 2022; Endorsement of “ OGUNLEYE GBOLAHAN ADETOKUNBO (OGA) ” as the APC candidate to emerge for the 2023 “Lagos-state House Of Assembly (LAHA) position unites the Ikorodu APC political members & leaders.  Ikorodu Divisional Chairmen, Ikorodu Divisional Legislators, including The Ikorodu APEX Leader , The Secretary, Ikorodu Divisional APC Chairman, Ikorodu divisional APC woman Leader, plus the Lagos East Senatorial APC woman Leader (Mrs. Wonuola Oshinowo) for greater Ikorodu. Slogan : O.G.A! Greater Ikorodu!

A-DAY RETREAT ON ANNUAL PROCUREMENT PLAN YEAR, 2022

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By Araba, Olawale Enifenilanfe :  Today, 19th Of April, 2022;  Hon. Wasiu Ayodeji Adesina holds” A-Day Retreat On Annual Procurement Plan, the Year 2022” in the ”Executive Conference Room” with the staff, Legislators, and the Supervisory Councilors. The meeting started at 1 pm the afternoon through prayer by Mrs. Ekanem Oyeyemi, Finance's second signatory. - The retreat was properly coordinated by ”Mr. Onafowote Fatai Idowu” who enlightened the staff, political appointees, including ”The Executive Chairman, Hon. Wasiu Ayodeji Adesina”, and His ”Vice, Princess Folashade Olabanji Oba” on how to pragmatically handle budge cost, and procurement plan through using the procure method for project achievements.  - Procuring in the alignment with the rule of procurement Law section 26, through using the service provider, who has what it entails to proffer what you desire, can be successful in using “procurement method” ways of dealing. - After a...