Close Menu
    Facebook X (Twitter) Instagram
    • Home
    • Contact Us
    • About Us
    • Privacy Policy
    • Terms Of Service
    • Advertisement
    Thursday, July 30
    Facebook X (Twitter) Instagram Pinterest Vimeo
    ABS Africa TV
    • Breaking News
    • Trending
    • Africa News
    • World News
    • Features
    • Technology
    • Sports
    • Politics
    • More
      • Culture
      • Lifestyle
      • Travel
      • Business
      • Environment
      • Legal
      • Health
      • Cameroon
      • Ambazonia
      • AfroSingles
      • Environ/Climate
      • Editorial
      • The Leak Magazine
    • Donate
    Subscription
    ABS Africa TV
    Home»Lifestyle»‘Yahoo keeping economy afloat’
    Lifestyle

    ‘Yahoo keeping economy afloat’

    Jamia NdamukongBy Jamia NdamukongJuly 29, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    'Yahoo keeping economy afloat'
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Post Views: 19

    ‘Yahoo keeping economy afloat’ – Actor Ugo Nwokolo

    Ugo-Nwokolo-1024×1024
    Nwokolo

    Nollywood actor, Ugo Nwokolo has shared a controversial opinion on internet fraud, saying it has been keeping the nation’s economy afloat amid a tougher economic climate.

    Nwokolo made the assertion in a video interview currently circulating on social media.

    According to the actor, the cost of living and soaring house rent have made life unbearable for legitimate income earners.

    He said high rent in major cities like Lagos and Abuja has edged out those earning N50,000 and N90,000 monthly.

    Nwokolo said, “Personally, I think Yahoo has helped keep the economy afloat. Do you expect a civil servant to afford house rent of N3 million or N5 million in Abuja?”

    The actor maintained that only the rich, including fraudsters, could meet up with the rising cost of living.

    “If you go to Lagos now, the least you’ll see for a two-bedroom apartment is about N7 million or N8 million. Who is supposed to afford it? The civil servants? Of course, it’s the fraudsters,” he stressed.

    However, he argued that he was not justifying crime but merely stating fact.

    “I’m not justifying crime, but yes, Yahoo is helping the economy. How do you expect people to live in this kind of economy?” he said.

    afloat economy Keeping Yahoo
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Jamia Ndamukong
    • Website

    Related Posts

    Abia Gov Otti steps in to fund Ngozi Nwosu’s medical treatment

    July 29, 2026

    Mayorkun reunites with Davido on new song ‘B4 B4’

    July 29, 2026

    Keeping tabs on Sonoran Desert’s ‘archenemy’ to mitigate wildfire risk

    July 29, 2026
    Leave A Reply Cancel Reply

    Search
    Latest Post

    A Farewell to Paul Biya: Rest Well, Mr. Head of State – Your People Certainly Will

    July 29, 2026

    MOFA to protest South African ETA system designation

    July 29, 2026

    4 out of 5 American toddler foods are ultra-processed, research says – National

    July 29, 2026

    OneChronos Enters Europe

    July 29, 2026

    Clariant appoints Gapuma Group as Well Service Additives distributor across West Africa

    July 29, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • TikTok
    ABS TV and ABS Network News is a leading Pan-African 24/7 broadcasting network delivering nonstop news, talk shows, lifestyle programs, and digital media content worldwide through Satellite, Streaming Platforms, and Roku TV.
     
    Based in the United States, we connect Africa to the world while empowering creators, journalists, and brands through innovative media and broadcasting services.
    Facebook X (Twitter) Pinterest WhatsApp Instagram

    Our Picks

    Africa News

    A Farewell to Paul Biya: Rest Well, Mr. Head of State – Your People Certainly Will

    Travel

    MOFA to protest South African ETA system designation

    World News

    4 out of 5 American toddler foods are ultra-processed, research says – National

    Most Popular

    Africa News

    OneChronos Enters Europe

    Features

    Clariant appoints Gapuma Group as Well Service Additives distributor across West Africa

    Trending

    Why Kenya’s Special Funds Industry Holds Lessons For Africa 

    © 2026 Copyright. All Rights Reserved by ABSAFRICATV
    • Privacy Policy
    • Terms of Services

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.