Joined January 2023
But have you accounted for the exchange rate? A ₦50m house in 2021 was worth about $122k. At ₦200m today, it's worth about $150k. Your naira valuation quadrupled, but your dollar wealth increased by 23%.
Mustafa Chike-Obi, former Chairman of Fidelity Bank, explains the housing dilemma in Nigeria. If you buy a house worth N50m today and it's worth N200m in five years, you're richer by N150m. But you can't do anything with it. You can't sell it, because if you do, your next house will cost more because all the properties have gone up. If you stay in the house, you can't get any money out of it.
1
1
2
184
Many houses are selling below their estimated value, so that ₦200m property might sell for ₦150m–₦170m. At today's exchange rate, that's roughly $113k–$128k, compared with the $122k you spent five years ago. That's a dollar loss of 7.6% at ₦150m or a profit of 4.8% at ₦170m
27
This is what Musk and his Roman salutes have achieved. This is the USA, something unimaginable in this country.
415
1,125
133
5,504
335,773
25 🇿🇦 including 11 DUT students have been positively linked to death of Ugandan man in Durban ...arrest is imminent
82
118
17
405
26,919
Aside from the shocking substance of this story, what's amazing is how it was unearthed by Cole. The short version: The Russians were able to penetrate Jared Kushner's iPhone and extract screenshots and data. Then, a Russian intel official was captured by Dutch intelligence (!) and flipped. The Dutch believed Kushner may have been acting on behalf of Russia, so pursued him as an intel target and were able to get into his phone. They did not find any evidence of Russian collusion, instead they watched him moving hundreds of millions of dollars from slush funds created by Saudi Arabia and the UAE, one of them housed in Israel's central bank. Incredible reporting, and if Democrats have any sense, they will pull on these threads and learn a lot more about this money.
Explosive story many years in the making, now out in Vanity Fair by Matthew Cole (who will be on Breaking Points next week, and publishing soon in @DropSiteNews): Saudi Arabia and the UAE set up multi-billion slush funds for Jared Kushner to use. Iran-Contra 2 here (except with Iran-Contra, at least the US got some hostages released. Not clear what we got out of this one.)
338
7,976
301
29,310
1,543,127
They closed my mom’s shop cos she no go some stupid APC rally, she came back home, rested, went to market the next day and paid fine for her shop to be reopened. Some of our parents are not stupid, it’s very ok if yours is ❤️
everybody dey pretend like they no get APC parents for house😂. So make he call out him mama or what?
122
3,101
35
13,606
178,595
BREAKING: Thousands of students are currently protesting in Serbia’s capital, Belgrade.
107
2,293
153
11,815
185,438
I never fall for scams. I am the only person who immediately walked out of my ‘Ali G’ interview
1,753
9,477
1,643
20,668
The apple doesn’t fall far from the tree. Trump pardoned his criminal father and then appointed him ambassador to France.🤷‍♂️
BREAKING: Jared Kushner’s hacked iPhone revealed that Kushner promised MBS and MBZ he would push their agenda with Trump if they participated in a secret fund, with the two royals initially discussing over $10 billion before ultimately placing at least $2 billion into accounts for him, according to a Vanity Fair excerpt from Princes and Thieves. The revelation lands as Kushner remains deeply involved in Iran war diplomacy, while Tehran has separately accused him and Steve Witkoff of pocketing $9 billion through market manipulation.
1
234
The Saudi kingdom thought it had influence over Donald Trump. It wooed him by promising to invest implausible sums in America and made tawdry deals with the first family. None of that stopped him from embarking on a disastrous war economist.com/middle-east-an…
163
1,066
112
3,942
644,926
He has been in South Africa now 26 years with 2 South African kids aged 14 and 16 …
Alleged brutal beating of a foreign national in Durban CBD at Broad Street. Reports are claiming that he was left bleeding and suffered serious waist injuries after being attacked by a large group of protesters. The incident reportedly happened during the protest which was also supported by some Uber and Bolt drivers. Illegal immigration remain a major issue in South Africa but our government, courts are busy playing dice with people's lives.
177
352
24
2,013
217,427
Deputy Governor of Lagos then lived 3 houses away. The road on her street are still not tarred😂 Low quality elites FR FR
People don’t realise just how useless the Nigeria’s political elite are. My family home is in Ikeja GRA and numerous politicians live in the area. The former deputy governor of Ondo State lives on my street & Aregbesola lives on the street behind mine.
1
1
156
The worst part about incidents like this is the response from South Africans themselves. It often feels as though violent xenophobic attacks like these are met with widespread support or justification rather than condemnation. It's time for African leaders to act.
1
1
2
218
Americans are smuggling Chinese cancer medications in their suitcase. 26 boxes of Zeggrovy will cost you $10k in China. AstraZeneca licensed it from the. Chinese company and is projected to sell it around $200k for the 26 boxes. We don’t have to live like this.
In January 2025 my mom’s lung cancer spread to her brain. The drug with the best chance of helping her was approved in China but not here. A doctor told me, almost as an aside, that if she were Chinese she could buy it at a pharmacy. So I flew to Shanghai and came home with 26 boxes in my luggage. That was 19 months ago. My mom is still here, still working, and in her words has had an amazing three years. The drug was approved in China in 2023. The FDA approved it in July 2025. It still is not for sale here. I know of at least 30 Americans who have made the same trip. I have been scared to tell this story because I worried it could cost my mom access to the medicine keeping her alive. But the problem matters more than my silence. These drugs need to be developed and available here, and that means FDA reform. Art Allen at KFF Health News told our story this week. It also ran in The Washington Post. kffhealthnews.org/health-ind…
100
875
34
5,373
224,099
The streetlights on the expressway behind the presidential villa haven’t worked in almost 4 years.
People don’t realise just how useless the Nigeria’s political elite are. My family home is in Ikeja GRA and numerous politicians live in the area. The former deputy governor of Ondo State lives on my street & Aregbesola lives on the street behind mine.
7
6
507
The second stabbing by this guy was the fatal one, to the lung, The next pic, his bro congratulates him on the kill, @SAPoliceService arrest Leaders of March and March, they know this guy, they cant deny that. @PresidencyZA the world watches. @DBNMetroPolice
A Ugandan citizen was brutally attacked by a large crowd on the streets of Durban today. He sustained severe injuries and was rushed to the hospital, our thoughts and prayers are with him for a swift recovery. If these targeted attacks against our citizens continue, we must consider reciprocal actions, such as Boycotting South African businesses like MTN.
36
113
7
250
31,076
King Leopold II is not demonized like Hitler because his victims were Black Africans — and Black lives have never mattered to the people who built their wealth on our suffering. He killed over 20 million innocent Congolese, and oversaw a regime that amputated the hands of countless Africans. Leopold was even buried in a Catholic church. Even worse, Europe still honors this colonial monster with monuments, while his African victims are forgotten. Imagine an African leader doing this to 20 million Europeans. Would the world ever let them forget ? Western hypocrisy is absolutely disgusting.
487
7,410
194
17,174
367,714
Mark knows how to play the game. Great PR for him after the recent scandals. Dangerous man.
This is huge. A just-released SEC filing makes an extraordinary revelation: Mark Zuckerberg is getting ready to pay California’s 5% billionaire wealth tax and has signed an agreement to remain in California for 8 years. We are witnessing a global turning point unfold before our eyes. 🧵
1
337