The now viral sex tape of two Nigerian minors in far away Dubai as Students of an Ivy-League co-educational institution has tongues wagging. The TEACHERS have FAILED

The School has FAILED.

The Parents have FAILED.

The Society has FAILED

Cryptocurrency- its role in Money Laundering and @cenbank war against Cryptocurrency in Nigeria 🇳🇬.

It’s a thread 🧵 The World as we know it becomes smaller and smaller each passing day. Borderless transactions facilitated by various payment systems encourages Globalization.

𝐑𝐀𝐓𝐓𝐋𝐄𝐒𝐍𝐀𝐊𝐄 - 𝐭𝐡𝐞 𝐀𝐡𝐚𝐧𝐧𝐚 𝐒𝐭𝐨𝐫𝐲.

𝐌𝐨𝐯𝐢𝐞 𝐫𝐞𝐯𝐢𝐞𝐰 𝐛𝐲 @LewdakrisHov

It’s a thread 🧵

Leggo Charles Okpaleke @charlesofplay dazzles again with his second foray into Nollywood with the remake of the 1995 classic RATTLESNAKE - THE AHANNA STORY. The movie follows the story of Ahanna Okolo who narrates his life of crime and its consequences on those he loves.

Following low oil prices in 2016 & the country entering a recession, the CBN implemented strategies to harness the potential of Diaspora Remittances which was the highest non-oil foreign exchange earner in the country. As at 2015, it was estimated to stand at over $20.5 Billion. It’s a thread 🧵 Diaspora Remittances is a service sector that is involved in the transfer of money often by a foreign worker to an individual in their home country. Global remittances is a $700 Billion industry & a source of foreign inflows to developing countries such as 🇳🇬

So the Federal Government of Nigeria 🇳🇬 has advised a reduction in the Recommended Retail Price (RRP) of Gasoline (Petrol) ⛽️ across the country from N145/litre to N125/litre effective today March 18, 2020.
#PetrolPriceReduction Considering that Oil🛢 prices have lost over 50% of its initial selling price.

The budgetary benchmark for Crude Oil was pegged at $57/barrel while Brent Crude sold for as low as $23.50 today being March 18, 2020.
#PetrolPriceReduction

Another Global Recession looms as the Coronavirus 🦠 pandemic unleashes untold financial chaos to the world’s economy.

During the last global economic downturn over a decade ago, it was triggered by the sub-prime mortgage crisis.

This is a thread 🧵. Let’s go.
#Coronavirus What’s a Sub-prime mortgage?

A sub-prime mortgage is a mortgage given to an individual with low/poor income with a high rate of default. The acronym NINJA perfectly describes this class of mortgage borrowers.

So I’ve noticed the backlash so far on social media with respect to the reintroduction of Cash Handling Charges above the thresholds for individuals and Corporate Bank 🏦 Clients by the Central Bank of Nigeria (CBN)🇳🇬. I’d like to educate folks. This is a thread. #CashlessPolicy The Cashless Policy of the Apex Bank began as far back as 2012. The thrust behind the policy was to reduce (not end) the amount of physical cash circulating in the economy in a bid to encourage more electronic based transactions.

@DrOlufunmilayo I’ve read your thread. As a matter of fact, your assertions are correct with respect to free interbank transfers in the UK. However, the 12 UK Banks who funded the Faster Payment System contributed close to £150 -£200 Million 4 the first 7 years of operations which began in 2008 @DrOlufunmilayo Vocalink, the company responsible for the shared services infrastructure is owned by the UK banks. Bringing it home, the institution responsible for the instant payment platform is NIBSS, owned by all Banks in 🇳🇬 with a CBN deputy governor as Chairman, BOD