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Nairaland Forum / Nairaland / General / Politics / Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban (4548 Views)
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Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 2:21am On Jun 18, 2021 |
''Based on Twitter's balance sheet as of October 30, 2020, long-term debt is at $2.55 billion and current debt is at $908.61 million, amounting to $3.46 billion in total debt.'' https://www.benzinga.com/news/21/01/19140291/how-does-twitters-debt-look No wonder Jack Dorsey, Twitter owner, posted THREE Nigerian flags on his page a couple days ago. Anything to please Nigerian officials. Buhari, abeg pity am nau.... Sorry, I'm just joking your Excellency. No pity whatsoever for Jack. . . UPDATE: (The 2021 figure of $4.3 billion can be found later down the thread) . . . Mods: Make this Front page naauuu.......If it was anti-Nigerian or anti-Buhari news you would quickly send it there. . . 6 Likes 2 Shares |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Mangekyo: 2:55am On Jun 18, 2021 |
FAKE NEWS from a fake Fulani website Here's businessofapps and Forbes which are well known and respect websites not that trashy website that Arewa1stson created https://www.businessofapps.com/data/twitter-statistics/ https://www.forbes.com/companies/twitter/?sh=a0f2d222a3bb 30 Likes 1 Share |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 2:59am On Jun 18, 2021 |
Mangekyo: Slave crook. None of your links addresses Twitter DEBT. That doesn't mean they have no debt, just because the websites you posted don't mention it. And benzinga.com is an American financial services website, not a 'Fulani website', you pathetic illiterate dunce. https://www.benzinga.com/news/21/01/19140291/how-does-twitters-debt-look 19 Likes 8 Shares |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Mangekyo: 3:07am On Jun 18, 2021 |
Rissamenti: You're as blind as a bat! Benzingagagaga is a Fulani website shut your ass up. Forbes leads, other follow 22 Likes
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Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Mangekyo: 3:10am On Jun 18, 2021 |
Meanwhile, Jack dorseys personal networth is $15billion, not 12 I was saying earlier. Hahaha hahaha how isn't he buying Buhari and his entire generation coupled with the extended family of liar Mohammed 16 Likes 1 Share
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Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 3:11am On Jun 18, 2021 |
Mangekyo: When we say go to school you will not go. What has net worth got to do with DEBT for goodness sakes? ILLITERATE. And benzinga is a US platform founded by Jason Raznick. https://www.benzinga.com/about Jason Raznick is the founder of Benzinga, a media and data technology startup empowering a new generation of investors. Raznick launched Benzinga.com in 2010, and it has since grown to become a hub for actionable information on the capital markets with approximately 25 million readers a month. Benzinga.com is supported by a high-speed newswire, Benzinga Pro, which is home to exclusive market-moving news. Raznick is a graduate of the University of Michigan, where he started multiple companies. He has been quoted in a variety of financial news publications, such as CNBC, the Wall Street Journal, and the New York Post. Raznick has been named to the Crain's Detroit Business 40 Under 40 list as well as the DBusiness 30 in Their 30s list. Benzinga is based in Detroit, and Raznick is dedicated to helping rebuild Detroit as a hub of technology and finance. ... Now return to your spare parts shop and stop embarrassing your fellow Igbos online with your ILLITERACY and dumbness. 12 Likes 4 Shares |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Mangekyo: 3:28am On Jun 18, 2021 |
Rissamenti: Calling you an idiot would be an understatement. The site you brought, I've researched and it's a bit reliable, tho not like Forbes and business apps. It doesn't even explain what it's writing about in details. Plus it's talking about the dept of 2020. Yes, Twitter made a huge loss in 2020 when they banned Donald thrump permanently from the platform, although they still made a solid revenue which should cover the loss, although a loss is a loss and shouldn't be written off. Twitter has been making money before 2020, why does your brain think a single loss is gonna make them poor? They still have funds in their account, according to Forbes. Forbes >>>>> benzinga. You should know this. You're even rejoicing over loss as you think Nigeria is the cause of it LMFAOOO what a clown this guys is showing to be. That loss was of 2020 and nigerians were pretty much still on Twitter tho not with VPN as it wasn't banned then. We banned Twitter in 2021 and Twitter already made their loss in 2020. How did you now conclude that Twitter made a loss as a result of getting suspended by the FG? calling you a møron would be an understatement. Still can't figure out the right word I'll use for your skull. Even that benzinga predicted that Twitter are gonna have a major lift up in 2021-2023. Lol. Anyway, at the end of the day, Jack Dorsey can buy Buhari and make him a slave. Just so you know hahaha ha Run along kid. Go suck Brees. BTW I'm not IPOB 16 Likes 1 Share |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by PrinceOfLagos: 3:28am On Jun 18, 2021 |
Rissamenti:I will love to see what will be left of you fulani rug rats after Buhari tenure ends in 2023. I know so many of you will run back to Niger republic and Chad because what will be coming your way will be bigger than you . Wait for it . 3 Likes |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Karlovych: 3:35am On Jun 18, 2021 |
Fake news from Garbage shehu and Liar Mohammhead 3 Likes |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 3:49am On Jun 18, 2021 |
Mangekyo: You are not IPOB. Just a black slave who thinks he gains something by playing happy smiley black bodyguard for his white massa who wouldn't hesitate to kick your black butt to the kerb if you came within a mile of his premises. SHAMELESS UNCLE TOM. MISEDUCATED HOUSE NEGRO & COON SAT BY WHITEY'S FEET FOR CRUMBS. YOUR TYPE ARE DISGUSTING. First off, no one said Twitter's debt was due to the Nigeria ban. That would be silly. SECONDLY, you claimed it was a ''Fulani website'' showing you are just a wastrel. Then you posted Twitter's 'net worth' showing you haven't a clue what DEBT means. THIRDLY you showed your foolishness by saying ''it was 2020 debt''. You should be glad I posted 2020 figures. Here are 2021 debt figures for twitter. Twitter long term debt for the quarter ending March 31, 2021 was $4.246B, a 24.95% increase year-over-year. Twitter long term debt for 2020 was $2.569B, a 2.39% increase from 2019. Twitter long term debt for 2019 was $2.509B, a 42.93% increase from 2018. Twitter long term debt for 2018 was $1.755B, a 2.72% increase from 2017. https://www.macrotrends.net/stocks/charts/TWTR/twitter/long-term-debt I'm sure you will call Macrotrends a 'Fulani website'. Dumb and dumber. 8 Likes 2 Shares |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Nobody: 4:45am On Jun 18, 2021 |
Rissamenti: Rissamental How long before you go naked in the streets with your uncircumcised Fulani dong swinging from side to side |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by RZArecta(m): 4:54am On Jun 18, 2021 |
APC slaves always praying for the downfall of businesses, I wonder why ? Their slave master is renowned for killing Nigerian businesses in the 80's and then again in this dispensation so they think it's a normal thing and also wish his môronic incompetence will affect a highly profitable venture in far away America. Is their problem not madness like this ? They never for one day spoken about the debts their demon master has plunged Nigeria into running into tens of billions of dollars, it's ordinary Twitter that has a balanced book that they feel Mr Incompetent can affect, yeye donkeys. E sure say the Twitter ban pain them well well because dem no even fit comment these days, na only to observe from far dey bite their rotten fingers 5 Likes |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Monogamy: 5:05am On Jun 18, 2021 |
Some people are really funny.. You are showing us Twitters debt, how about their profit? Could you also show us Nigeria debt as well to balance your reportage? 7 Likes |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 5:10am On Jun 18, 2021 |
Monogamy: No, but I can show you America's debt. 28.19 trillion U.S. dollars MOSTLY TO CHINA. ''In May 2021, the public debt of the United States was around 28.19 trillion U.S. dollars, over 2.4 trillion more than a year earlier, when it was around 2.7 trillion U.S. dollars.'' The day America CRASHES, the whole world will reverberate with the sound, and numerous American analysts have predicted that that day is not too far in the future. That will be one less white country to ass-kiss for y'all slaves. https://www.worldometers.info/us-debt-clock/ 4 Likes 2 Shares |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Monogamy: 5:12am On Jun 18, 2021 |
Rissamenti: Could you also show us Nigeria debt as well to balance your reportage? 1 Like |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 5:16am On Jun 18, 2021 |
Monogamy: Sure. If you insist. As of December 2020, the most recent official data available, Nigeria's public debt was $86.3 billion, of which ONLY 3.3 billion dollars is owed to CHINA. https://qz.com/africa/1994765/how-much-debt-does-nigeria-owe-china/ So in terms of debt, Nigeria is pretty much OKAY. We haven't over-borrowed by any stretch of the imagination. In fact many economists would say we are under-borrowed as a nation, and probably should take on a bit more debt to improve our international credit profile and standing. 4 Likes |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Monogamy: 5:17am On Jun 18, 2021 |
Rissamenti: How do you mean by "Nigeria is pretty much OKAY".. How much was Nigeria debt in 2015, how much is it now? 1 Like |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by BelieveAfrica: 5:18am On Jun 18, 2021 |
Rissamenti: Seems you are proud of rape. 1 Like |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 5:26am On Jun 18, 2021 |
Monogamy: In 2015 our debt was around 25 billion USD. THE key thing is that Nigeria's DEBT TO GDP RATIO IS STILL VERY LOW - AT 34%. It is Debt to GDP ratio that international finance looks at when deciding if a country has the ability to repay its debt. The higher the ratio, the less able it is considered to repay it. The lower the ratio, the more able it is to repay debts. At 34%, Nigeria is at that sweet spot that makes her VERY CREDIT WORTHY INDEED. We have managed our finances well as a nation. Here is a list of nations by DEBT TO GDP RATIO. As you can see, Nigeria is VERY WELL PLACED at 34%, unlike the likes of USA with 108% debt to GDP ratio, Ghana with 78%, or (Lord Almighty), Venezuela with 350% https://tradingeconomics.com/country-list/government-debt-to-gdp 5 Likes 1 Share |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Monogamy: 5:31am On Jun 18, 2021 |
Rissamenti: As of December 2020, the most recent official data available, Nigeria's public debt was $86.3 billion The $50bn deficit, any tangible things to show for it? How much are you going to pay privately to support the govt with the debt? |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by colorsofrainbow: 5:33am On Jun 18, 2021 |
Monogamy:monogamy this one u are attacking your co-APC miscreant constructively,I no know say u get sense like this o. I been think say everything wey dey ur brain na Buhari cow shit abi na because say Buhari & em gang don use Tinubu dey play chess now? 1 Like |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 5:36am On Jun 18, 2021 |
Monogamy: 50 billion dollars over a 6 year period is PEANUTS for a country of Nigeria's size and population, just coming out of a recession. What ''tangible things'' are you expecting to see with such a TINY amount? Do you know how much Nigeria spends just to pay civil servant salaries in a month, talk less of one year? 4 Likes 1 Share |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Monogamy: 5:39am On Jun 18, 2021 |
Rissamenti: If we could borrow over 50 billion dollars over 6 years period, how much have we generated as new income in the past 6 years ? 1 Like |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 5:40am On Jun 18, 2021 |
Monogamy: Roughly 35 billion dollars a year, which is our annual budget. So we have earned 160 to 180 billion dollars in the last 6 years, most of which came from crude oil sales. 4 Likes 2 Shares |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Monogamy: 5:44am On Jun 18, 2021 |
Rissamenti: Bro, new created generating income, not the existing one... |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 5:47am On Jun 18, 2021 |
Monogamy: If you are talking about non-oil income, as a result of diversification, it continues to go UP and UP. We are doing well in diversification of income sources. ''The federally collected revenues in Nigeria include oil and non-oil incomes. The oil revenue comprises Oil pipeline license fees, Royalty on the extraction of oil; Rent of oil well and grounds; Sale of petroleum and gas; Penalty for gas flaring. The non-oil revenue includes personal income tax; company’s income tax; capital gains tax; withholding tax and all for forms of indirect taxes (ATSWA, 2009). The non-oil revenue is more integrated into tax revenue sources. In the last four years, non-oil income in Nigeria has been progressive. It increased from N2, 693.9 Billion in 2016 to N5, 536.66 Billion in 2019 (CBN Statistical Bulletin, 2019). In 2019, non-oil revenue composition was Value Added Tax 25.1%, Customs and Excise Duties 17.9%, Corporate Tax 35.7%, Federal Government Independent Revenue 10.9% and forms of taxes 11.1% (CBN Annual Report, 2019). The progressive report is a piece of evidence that tax revenue is very pivotal in driving an economy, especially an emerging market.'' https://www.abacademies.org/articles/oilandnonoilrevenuesassessmentofcontributionstoinfrastructuraldevelopmentinnigeria-9934.html 5 Likes 2 Shares |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Monogamy: 5:53am On Jun 18, 2021 |
Rissamenti: The point is, there is little to show for both earnings and borrowing... Is this the kind of Nigeria you dream about bro? |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Nobody: 5:54am On Jun 18, 2021 |
NarcoPolo: Lol. OP is taking you all to school and your only rebuttal, which is pathetic and desperate by the way, is to label him Fulani. Please try and retrieve your brain from the ant you swopped it with because your reasoning is literally too tiny to enable you function similarly to even a 6 year old human child. 2 Likes |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Nobody: 5:56am On Jun 18, 2021 |
Rissamenti: Lol. Epic response fitting for ant brains. |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Rissamenti: 6:04am On Jun 18, 2021 |
Monogamy: Development takes countless DECADES, even up to a CENTURY OR MORE OF INDEPENDENCE, unless you are 'lucky' enough to be: 1: A tiny gulf state of 2 million people with gazillion amounts of crude oil, like Kuwait or UAE. 2: You happen to be one of the 4 Asian Tigers which were deliberately selected by the west for technology transfer, free western market access for their finished goods, and heavy funding/easy term credit facilities, all done to create capitalist bulwarks to checkmate rampaging Soviet communism in Asia Pacific after WW2. 3: A 'China', which imposed brutal, communist military dictatorship, which banned ALL IMPORTS for 30 years, forcing the people to be self-reliant at gun point, and ride in bicycles till they developed indigenous technology to build their own vehicles, etc. A policy that led to brutal crackdowns on dissent, numerous extra-judicial killings, and thousands (if not millions) of political prisoners, and a ban on free speech and political association which continues to this day. If you are not in any of those groupings, you are either a developed western country (and we know how THEY got developed, via invasion, enslavement, and colonisation of other regions, and looting of their resources). Or you are a struggling developing nation, JUST LIKE NIGERIA. In this last group, 80% of the world's nations are in. 3 Likes |
Re: Twitter Debt Hits $4.3 Billion As Jack Dorsey Woos Buhari To End Ban by Nobody: 6:08am On Jun 18, 2021 |
Mangekyo: You're just an emptily materialistic hack without even the most common of senses. Dorsey can buy Buhari yet he has chosen to beg and grovel. Lol. Why does Dorsey just not show up at Aso Rock with billions of dollars to buy Buhari then? Mumu. While you're here holding brief for your oyinbo master, because you hate your nation, your President and likely your own black skin, Dorsey is busy begging Buhari and Nigeria by trying to ingratiate himself daily, in one way or the other, to both President and nation. To be honest, Dorsey's display is cringeworthy and pathetic. Nigerian flags daily and then "the people of Nigeria will lead cryptocurrency". I nearly puked reading that. Your grovelling guy, typical nerd that he is, no even get the minimum of liver. Dorsey himself is showing he knows who be oga na and that running a blog is not the same as running the biggest black nation on Earth. Who the hell are you then to dey shalaye for the coward nerd now begging for his pathetic life? 3 Likes |
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