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Instablog9ja
Israel-Hezbollah Conflict: President Tinubu Urges Nigerians To Leave Lebanon Immediately
~0.7 mins read

The Federal Government has urged Nigerians in Lebanon to evacuate the country due to Israeli forces’ att@cks on Hezbollah and surrounding areas.

The Nigerians in Diaspora Commission, NIDCOM, made the call on Wednesday, October 2, in a statement signed by its spokesman, Abdur-Rahman Balogun.

NIDCOM said although information from the Nigerian community in Lebanon indicated that most Nigerians had relocated from the southern part and were relatively safe, “we hereby advise them to keep safe until the ceasefire is in place.”

“Worried by the att+cks on Hezbollah and other areas in Lebanon by the Israeli government, the Nigerians in Diaspora Commission (NIDCOM) is hereby advising Nigerians resident in Lebanon to consider moving out of the country now that commercial flights are still in operation.

Nigerians are equally advised to liaise with our Embassy in Lebanon for necessary guidance regarding their safety and rest assured that their welfare and safety is of utmost concern to President Bola Ahmed Tinubu,” the statement reads.

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Investopedia
Energy Stocks Rise As Oil Jumps On Middle East Tensions
~1.1 mins read

Shares of energy giants, including ExxonMobil (XOM) and  Chevron (CVX), are extending gains in premarket trading Wednesday as worries of a broader Middle East conflict lift oil prices. 

Crude prices are rising around 3% after Iran launched a ballistic missile attack on Israel. Brent crude futures surpassed the $75-per-barrel level they briefly crossed Tuesday on fears of supply constraints, while the U.S. benchmark, West Texas Intermediate (WTI), is at almost $72 per barrel.

The conflict in the Middle East, apart from raising humanitarian concerns, has "contributed to periods of market volatility, amid concerns that a regional war could interrupt oil supplies," UBS Global Wealth Management Chief Investment Officer (CIO) Mark Haefele said in a note.

Haefele said that while the firm's base case isn't for an all-out war, "positions in oil can serve as a portfolio hedge against a worsening crisis in the Middle East, while market fundamentals are also positive."

ExxonMobil shares, which have gained almost 20% year-to-date, were rising 1.7% in premarket trading. Those of rival Chevron, whose $53 billion acquisition of Hess (HES) was cleared this week, are up around 1.6%. Shares of Occidental Petroleum (OXY) and ConocoPhillips (COP) are rising around 1.4% and 1.6%, respectively.

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Investopedia
Do You Know Your Credit Score? More Than A Quarter Of Americans Don't
~1.2 mins read

Nearly a quarter of Americans don't check their credit scores once a year, according to a recent survey, leaving them in the dark about an important component of their credit health.

According to the survey by BadCredit.org, 73% of Americans don't check their credit scores on a regular basis. Credit scores can determine where you can live, what you can drive and sometimes what jobs you can hold.

Credit scores may even be more important as more Americans are utilizing credit cards to help afford elevated living costs. Three-fourths of respondents said they have reduced their spending, while 40% have dipped into savings to keep up with expenses.

More people are becoming delinquent in their credit payments, which can hurt a cardholder's credit score.

In addition to not checking their credit score, a significant portion of respondents didn't know how to maintain a good credit score.

A credit score is calculated using five factors: on-time payment history, credit utilization ratio, length of credit history, types of credit held, and new credit.

The survey found that 26% of respondents did not know the benefits of maintaining a low credit utilization ratio, the percentage of a borrower’s total available credit they are currently using.

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Instablog9ja
I’ve Been Living In Homeless Shelters For The Past Year — BBA 2011 Winner Karen Igho 📹: @karenigho
~0.4 mins read

Winner of the 2011 Big Brother Africa, Karen Igho, has made a plea for help on social media, revealing her struggles with homelessness, abuse, and marital struggles.

Igho confirmed her situation in a video shared on X.com on Wednesday, showing herself in a shelter.

“I want to prove that it is me, and indeed I am homeless,” she said. “I woke up in my homeless shelter, and I’ve been here for more than one year. I’ve been going up and down from shelter to shelter.”

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Investopedia
Nike Stock Swoons As Apparel Giant Withdraws Full-Year Outlook Ahead Of CEO Change
~1.3 mins read

Nike (NKE) shares tumbled in extended trading Tuesday after the company withdrew its full-year outlook ahead of its transition to a new CEO later this month.

The athletic apparel giant reported net income of $1.1 billion for the fiscal first quarter of 2025, down 28% from the year-ago period but above analysts' expectations. However, Nike's revenue of $11.59 billion, which fell 10% year-over-year, slightly missed the analyst consensus from Visible Alpha.

The year-over-year declines were largely anticipated, and investors will be watching how Elliott Hill leads the company when he takes the reins as CEO in mid-October. Hill is returning to Nike after retiring in 2020. 

The company did not offer guidance for the full fiscal year on its earnings call, saying the decision was made to give Hill more time in the CEO role. The company also said it would push back its investor day originally scheduled for Nov. 19.

Nike still offered a forecast for the second quarter, which fell short of expectations. Nike said it anticipates its revenue will decline 8% to 10% year-over-year in the period, compared to estimates of a 6.7% drop.

“A comeback at this scale takes time, but we see early wins—from momentum in key sports to accelerating our pace of newness and innovation," CFO Matthew Friend said.

Shares of Nike plunged over 7% in extended trading Tuesday following the news.

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Instablog9ja
I’m A Married Man — Singer Wizkid Declares
~0.3 mins read

Nigerian superstar musician Ayodeji Ibrahim Balogun, popularly known as Wizkid, has declared that he’s officially off the market.

Addressing his female fans at a recent concert, the singer stated that he’s married. “Baby girl, I am a married man. Don’t come close to me; I am married. I have kids at home,” the 34-year-old hitmaker said.

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