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Nigerian Stock Index ranked 3rd best performing index in the world

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Investors in the Nigerian Stock market are most likely having great return in the midst of winning large scale upsetting worldwide budgetary market

What we know: Data recovered from Bloomberg terminal uncovered that the Nigerian Stock Index positioned third internationally as for stock record exhibitions. Thus, the YTD execution improved to remain at 13.43%.

Just in the long stretch of October alone, investors made an addition of about N1.934 trillion as the Nigerian bourse recorded its best month to month gain since 2018.

Abiodun Keripe, Managing Director, Afrinvest Research in a select meeting likewise talked on key macros boosting the sub-Saharan Stock Exchange.

Keripe stated, “Nigeria presently positions as the third best-performing securities exchange on the planet out of a container of 93 records followed by Bloomberg. This exhibition is significantly determined by neighborhood investors given the low yield climate and the proceeded, yet moderate paced, and lopsided bounce back in financial exercises which has supported the second from last quarter income of major Corporates on the NSE.

“This presentation is exceptional with regards to rising worries longer than a second wave COVID-19 and possibilities of a more vulnerable outside situation for the Nigerian economy.

“It is fascinating to see that stock costs have recuperated to the pre-COVID-19 levels inside a brief length while outside conditions stay delicate.

“The CBN is yet out of the FX problem and lower-at long oil costs stay a key concern.

“We anticipate that solid Naira liquidity should continue filling values, even as an extra 1% allotment from the PFAs can lift stocks higher. In any case, we note that the market might be warming up in front of a solid bounce back in the overall economy.”

The main concern: The low yield climate and other market conditions winning in the Nigerian economy had set off critical purchasing revenue in Nigerian Stocks at record levels in spite of the appearing detachment with reinforced international vulnerability and the resurging COVID-19 infection.

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Rage as Fela Kuti is not among the inductees into the Rock and Roll Hall of Fame 2021 class

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Godfather of Afrobeat, Fela Anikulapo Kuti who received the posthumous honour to be among those vying to be inducted into the Rock and Roll Hall of Fame 2021 some few months back, sadly failed to secure a spot despite being top two on the voting polls.

Fela Kuti gets shunned from the inductees despite being top two.

Today, May 12, the committee announced the inductees by means of a 3-minute video through president and CEO, Gregg Harris. Fela was nominated in the Performers Category, amassing a total of 545,000+ votes, making him the second most voted act after Tina Turner (548,000+ votes) but to the surprise of the masses, Fela was not included in the list of inductees.

Shockingly included are performers like rap icon and mogul – JAY-Z and LL Cool J who failed to secure a top five spot on the poll, infact, they were the least voted acts when voting concluded.

Although, quite frankly there is a disclaimer on the website were the poll was conducted, stating that votes do not guarantee induction but for a Top 2 voted act in Fela Anikulapo Kuti, that should not even be the case and Nigerians have taken to Twitter to express their disappointment at the ‘rigging’, ‘clout chasing’ and inconsiderate conduct regarding how the Rock and Roll Hall of Fame committee unjustly treated the voting polls and Fela Kuti.

On what might have transpired regarding the voting stage and selection of inductees, Fela’s first son, Femi Kuti had this to say:

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Video: Mojisola Oduola -Kabiyesi

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At last the long awaited video is out . KABIYESI The unquestionable God.

watch and make sure you subscribe to my YouTube channel. May God bless you as you do so.

This will surely serve as my birthday gift from my love ones.
Click on the link below

CLICK TO DOWNLOAD

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Funny tweets, memes and videos from Twitter NG for “Happy 420”

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Today’s date, April 20, stylised as 4/20 is a day worldwide commemorated by stoners or smokers of weed to celebrate marijuana. In short, it is treated as a public holiday for weed/marijuana and termed—Happy 420.

Twitter NG i.e users of Twitter in Nigeria, as it is the yearly custom are trending “Happy 420” as the number one topic in the country. While many really used the medium to share their unwavering love for weed, others have taken it upon themselves to make funny tweets, memes, skits and share several videos in relation to weed smoking and “Happy 420” as an entity.

While some tweeps take jab at those who don’t smoke weed but indulge in the “woke” culture by wishing stoners a “Happy 420”, others in their own way intentionally misinterpret certain scriptural verses for comedic purpose in order to aid and bait their smoking habits, still others take it upon themselves to disperse various memes which for sure will bring a smile upon your face. That’s not all, though, for we have some tweeps who did brainstorm to form some of the best puns concerning weed and stoners jokes ever. Well we can say irrespective of the way they passed their message regarding “Happy 420”, they all ended on a high note. Enjoy!

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