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Nairaland Forum / Nairaland / General / Politics / President Buhari Using HTC Phone. Nigerians React To Photo (68338 Views)
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Re: President Buhari Using HTC Phone. Nigerians React To Photo by Jadoskii(m): 1:35pm On Feb 19, 2018 |
Naija and rubbish ....even Yahoo guys dey use torch light phone dey scam people... 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by saabright(m): 1:37pm On Feb 19, 2018 |
magiki: a dullard who is better than you, your father, your grand father and great grand father..... |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Lumig: 1:43pm On Feb 19, 2018 |
Evablizin:I dey tell you, I can't just understand the importance of the type of phone a person is using to other important things. We people sef, we are the creators of most of our problems 2 Likes 1 Share |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by blackfase(m): 1:45pm On Feb 19, 2018 |
D biggest plague of d Nigerian space is neither corruption nor even d band of useless renegades portraying themselves as leaders, but d horde of indolent, hollow-thinking morons that populate it. You can imagine, of all d gargantuan mess we having to rise up to daily to deal with, its a useless phone the President uses that becomes a fascinating topic to d same gullibles. What a pity! hypertension: 2 Likes |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Collymond: 2:00pm On Feb 19, 2018 |
Nigeria external reserves to hit 54 months high of $45bn Read more at: https://www.vanguardngr.com/2018/02/eurobond-nigeria-external-reserves-hit-54-months-high-45bn/ NIGERIA’s external reserves will rise to 54 months high of $45 billion this month following the conclusion of federal government’s $2.5 billion Eurobond this week. The Eurobond, which commenced last week with the announcement of its pricing on Thursday, will be concluded on Friday. According to the Ministry of Finance, the $2.5 billion Eurobond, which attracted buying interest of $11.5 billion, comprises a $1.25 billion 12-year series and a $1.25 billion 20-year series. The 12-year series comes with interest at a rate of 7.143 percent, while the 20-year series will bear interest at a rate of 7.696 percent, and, in each case, will be repayable with a bullet repayment of the principal on maturity. The offering is expected to close on or about February 23, 2018, subject to the satisfaction of various customary closing conditions. Eurobonds Though the purpose of the Eurobond issuance is to refinance domestic debts, proceeds of the bond will, among other things, accelerate accretion to the nation’s external reserves. Commenting on how the Eurobond issuance will impact the domestic economy, analysts at Lagos based investment firm, Afrinvest Plc, said: “The proceeds from the Eurobond issuance would be used to refinance relatively expensive short term domestic borrowings as the FGN plans to achieve an optimal mix of domestic and foreign debt and reduce overall debt servicing cost. The impact of the debt refinancing, coupled with declining inflation rate and stability in foreign exchange rate, is anticipated to continue to anchor yield expectation lower in the near term and reduce crowding out of private sector borrowers.” External reserves accretion Financial Vanguard analysis reveals that the external reserves have grown by $3.5 billion or 8.9 percent since the beginning of the year. According to the CBN, the external reserves which opened the year at $39.3 billion had risen to $42.8 billion last week. The sharp increase in reserves is driven by rising crude oil price, which touched $71 per barrel last month before retreating to $62 per barrel last week, as well as upsurge in dollar inflows through the Investors and Exporters (I&E) window of the foreign exchange market. Financial Vanguard analysis showed that turnover (dollars traded) in the I&E window rose by 10 percent last week to $789.9 million from $716.57 million the previous week. Consequently dollar inflow since the beginning of the year through the I&E window rose to $8.37 billion, from $7.58 billion the previous week. Mixed naira performance However, in spite of the increased turnover, the naira depreciated marginally in the I&E window last week. According to data from the Financial Market Dealers Quote, the indicative exchange rate for the window rose by 9 kobo to N360.36 per dollar last week from N360.27 the previous week. But the naira remained stable at N363 per dollar in the parallel market during the week. The CBN on its part sustained its weekly intervention in the foreign exchange market by selling $210 million in the interbank market. According to Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okoroafor, “The CBN offered $100 million to authorized dealers in the wholesale segment of the market, while the Small and Medium Enterprises (SMEs) segment got the sum of $55 million. Customers needing foreign exchange for invisibles such as tuition fees, medical payments and Basic Travel Allowance (BTA), among others, were also allocated the sum of $55 million.” Statutory allocation funds to lower cost of funds Cost of funds is expected to further trend downwards in the interbank money market this week courtesy of inflow from statutory allocation to the three tiers of government which would be released this week by the Federal Accounts Allocation Committee (FAAC). The inflow, in addition to N56.3 billion inflow from maturing treasury bills (TBs) is expected to offset impact of outflow to be occasioned by N100 billion FGN Bond offer by Debt Management of Nigeria (DMO) this week; dollar auction by the CBN; and likely mop-up by CBN through secondary market (open market operations, OMO) TBs sale. Last week, cost of funds fell sharply by over 2,500 basis points (bpts) following upsurge in market liquidity to N371.5 billion on Friday from N46.4 billion the previous week. The upsurge in liquidity was buoyed by inflow of N266 billion from matured TBs, which offset the impact of outflow of N176 billion through primary market (new) TBs sold by the CBN during the week. Consequently, interest rate on Collateralised (Open Buy Back, OBB) lending dropped by 2,516 bpts to 18.17 percent last week from 43.33 percent the previous week. Similarly, interest rate on Overnight lending dropped by 2,600 bpts to 19.5 percent from 45.5 percent the previous week. Read more at: https://www.vanguardngr.com/2018/02/eurobond-nigeria-external-reserves-hit-54-months-high-45bn/ |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by bennie1980(m): 2:01pm On Feb 19, 2018 |
Expired trick! I know you are calling Daura to arrange your home coming by May 2019 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by bart10: 2:19pm On Feb 19, 2018 |
Dem do come again with propaganda 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by longerthroat(m): 2:36pm On Feb 19, 2018 |
Thats the one he can operate easily... 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by magiki(m): 2:40pm On Feb 19, 2018 |
saabright:You, your family and your life, your father and mother, your grandchildren are all Dullard like Buhari |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Bobby808: 2:55pm On Feb 19, 2018 |
hypertension:Rubbish. No conscious Nigerian will ever vote for 8uhari, a walking corpse without any amount of live in him. Brainless president. 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Bobby808: 3:11pm On Feb 19, 2018 |
buhariguy:Signs of a failing group. If you like cry hundred drums per minute. Buhari will go home ie Daura. Am sure you are also wondering if Buhari is allowed another four yeats, what will become of this country. tufiakwa. God forbits. 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by effido666: 3:23pm On Feb 19, 2018 |
Paulcoker:tell dem its jubril 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by tempest01(m): 3:25pm On Feb 19, 2018 |
Htc M9 na cheap phone? 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by chubinwa(m): 3:28pm On Feb 19, 2018 |
FarahAideed:Perhaps, what will a man in his octogenarian doing with an expensive phone.. what does he even know abt thrilling phone features. 2 Likes |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Sparkypart6: 3:42pm On Feb 19, 2018 |
It only shows how backward our president is. 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Xtopher123(m): 3:51pm On Feb 19, 2018 |
He can't comprehend the sophistication of the recent ones... That's a better argument... His Daughter is Obviously as daft as he is... Oh, I almost Forgot, Snakes don't birth dogs... Dullards trying to raise a topic for their paymaster... Abeg shift joor... Even Putin doesn't use a smartphone.. 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by UchaNwababa: 3:58pm On Feb 19, 2018 |
Maybe he want to call his friend Shekau 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by cytell56: 4:06pm On Feb 19, 2018 |
CastedDude: Na scam!!! 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Nobody: 4:26pm On Feb 19, 2018 |
Arrangey. Scam. 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Tisham20(m): 4:37pm On Feb 19, 2018 |
fone na fone 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by IdeyFindWife: 4:57pm On Feb 19, 2018 |
zionmde: Exactly! Zombies are clearly drunk on the Daura Zobo juice! 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by saabright(m): 5:13pm On Feb 19, 2018 |
magiki: hahahahahaha 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by winfy11(m): 6:04pm On Feb 19, 2018 |
If you like use Nokia 3310 no going back to aso rock in 2019 2 Likes 1 Share |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Em5(m): 6:24pm On Feb 19, 2018 |
His watch even looks simpler...abeg leave matter, he's just a simple man. |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Iceberg3: 6:26pm On Feb 19, 2018 |
Ismail ADESHINA: That's the quality of good leadership. AJIJOLA Ahmed: Even his watch is not Gucci. Coneheads talking They must defend their master 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Iceberg3: 6:28pm On Feb 19, 2018 |
Collymond: Thanks to Goodluck Jonathan for laying the foundation 2 Likes |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by smalls001: 7:08pm On Feb 19, 2018 |
FarahAideed: I thought there were educated people in this forum. Nevertheless, Buhari being president is one of the best things that has happened in your life. Take it or leave it. |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by fadamay: 7:55pm On Feb 19, 2018 |
PMB...2019 sha |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by classicalbenson(m): 8:27pm On Feb 19, 2018 |
he is dumb to use a smarter phone 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by 2badForReal: 8:43pm On Feb 19, 2018 |
Nigerians are very funny, ten naira phone inside a fifty million naira car His using ten naira phone abi, please make una check for me how much is cost of the power byke his son use to get accident then, how many years has the son worked to buy type of in fact make I check my indomie for fire 1 Like |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by Samtol12: 8:59pm On Feb 19, 2018 |
Histrings08: You're right That's sense |
Re: President Buhari Using HTC Phone. Nigerians React To Photo by DSDLIVEREPORT: 9:17pm On Feb 19, 2018 |
This is just too cheap a propaganda. 1 Like |
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