Posts

Eid-Ul-Fitr Celebrations:

Image
Based on research By Araba, Olawale Araba. Muslims across the globe celebrate Eid-Ul-Fitr by taking part in prayers that are followed by a sermon soon after dawn. People wear new clothes, give Zakat or alms to the poor, distribute sweets, and eat a variety of dishes, including Biryani, Haleem, Nihari, kebabs, and Seviyan. Additionally, children receive gifts and money from elders, which are called Eidi. Happy Eid-Mubarak to everyone πŸŒŽπŸŒŸπŸ’‘πŸ‘‘πŸŒπŸŽπŸ‡³πŸ‡¬πŸ‡¬πŸ‡§πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡¦✔️ Congratulations πŸŽ‰πŸŽ‰.

Eid-Ul-Fitr 2022:

Image
Researched By Araba, Olawale Enifenilanfe. Eid-Ul-Fitr marks the end of the holy month of Ramadan and is celebrated by the Muslim community across the globe. Eid-Ul-Fitr, also known as Meethi Eid, marks the end of Roza (fast), which is observed during the whole month of Ramadan. On Eid-Ul-Fitr, Muslims thank Allah for offering them health and resistance during Ramadan. They wear new clothes, prepare special delicacies, do charity, and get together with their loved ones. When Is Eid-Ul-Fitr? This year, Eid-Ul-Fitr is expected to begin on May 2, 2022, and will end on May 3, 2022. However, the actual date may vary as per the moon sighting. Eid-Ul-Fitr signifies the end of fasting from dawn to dusk throughout Ramadan and the beginning of the Shawwal month. This festival is observed on the first day of Shawwal - the month that comes after Ramadan in the Hijri calendar. Additionally, the beginning of any lunar Hijri month varies according to the new moon sighting by religious authorit...

Global Exchange Rate

Image
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.

Image
​ 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.

Image
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 IkoroduπŸ‘‘ #TobalaseπŸ—£✌️πŸ’ŽπŸŽπŸ‘‘πŸŒŸπŸ’‘πŸŒ✔️ #OlorunLoniKoribeπŸ€΄πŸŒŸπŸ’‘πŸŒŽπŸ“‘πŸ‡³πŸ‡¬πŸ‡¬πŸ‡§πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡¦πŸ’°πŸ’ΆπŸ’·πŸŒπŸ€πŸ‘ŒπŸ»✔️ #GodBlessMeπŸ™πŸ“‘πŸŒπŸ’°πŸ’·πŸ’ΆπŸŒŸπŸ’‘πŸŒπŸŽπŸ‡³πŸ‡¬πŸ‡¨πŸ‡¦πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡¦πŸ€πŸ‘ŒπŸ»✔️... #GodBlessIkorodu, #GodBlessLagosState, #GodBlessNigeria! #SoHelpUsGodπŸ™πŸŒŸπŸ’‘πŸŒπŸ‡¬πŸ‡§πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡¦πŸ“‘πŸ”πŸ”›πŸ’ŽπŸ’šπŸŒ πŸ‡³πŸ‡¬ πŸ’ͺπŸ’°πŸ’·πŸ’ΆπŸŽ✔️ 

Twitter Think-tank Elon Musk’s Acquisition Offer

Image
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.

Image
​ 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...