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Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 6:38am |
Eliminate banditry and highway kidnapping so that business activities can thrive without fear on the Nigerian roads. Rather we have a barbarian government consolidating the mishap that befell Nigeria between 2015-2023. Suffice to say, this mess will get messier. |
Politics / Re: Justice Na'abba Reverses Self, vacates order affirming Ganduje's suspension by Antoeni(m): 6:29am |
Ganduje gandusa 4 Likes
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Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 6:21am |
Zero pragmatic monetary policy. 100% sycophancy and propaganda. Rhetorics don't build a nation… actionable plans do. 1 Like |
Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 6:05am |
To The President of Lagos/Calabar Super Yahoo Coaster Highway Project Of Federal Republic of Nigeria I have a question for you and Mr. President What’s is the total volume of trade per capita in Nigeria? How does Tinubu administration intends to balance the huge trade deficit which is growing exponentially, especially now that manufacturing and agro- allied industries are moving away from Nigeria? Until those questions are urgently addressed, paper economics will not work. 1 Like |
Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 5:32am |
Aboki Bureau De Change Will just be Laughing At Tinubu & CBN Governor At Their Foolishness. & incompetence. SHEGE Dan Banza
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Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 5:09am |
The US Dollars is not our legal tender. Government should go after these dollar slaves, Those Hoarding it ransack their homes and jail anyone found with any foreign currency. The government should end the activities of bureau de change with immediate effect and convert every dollar accounts in various banks to naira equivalents. Government impose 300% tax on importation of luxury goods also. Government should take the fight against corruption and economic saboteur serious . Trials, prosecution and possible execution of these criminals should be done on live television for all to see and learn 1 Like
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Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 5:01am |
Nigeria economy is hard to recover because those handling our economy don't even understand how the economy is been run and the economic indicators for stability of the economy. |
Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 4:55am |
Using Foreign Reserve to Pop up the Naira was Nothing but an Attempt to Resuscitate a Dead & Rotten fulani cow. Naira is irredeemable just as the British/fulani Criminal Experiment is irredeemable. Break up this Ciminal Entity to Save Lives. 2 Likes 1 Share |
Travel / Re: The Brown Roofs Of Ibadan (A Beautiful Yet Ugly Sight) by Antoeni(m): 4:51am |
Rusty Dirty Heritage |
Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 4:37am |
NAIRA is going back to 1900/$. The Cardoso and Tinubu's magic has ended in disgrace. Our foreign reserve is on the red bar now That's Reno Omokri's Shoe if You Look Between B & M Also Look Between A And D Then Check His Profile You Will Know He Urgently Need Some FG Palliatives 2 Likes 1 Share
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Education / Re: Lead British School Student Bullied, Slapped By Other Students Over Boyfriend by Antoeni(m): 3:34am |
Bullies don’t understand the hurt and trauma they inflict. These people shatter people’s self esteem. 34 Likes 1 Share |
Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 3:26am |
Olodo Tinubu & CBN Cardoso ,They Did Free Floating of Naira, it Failed As Dem No Get Sense. They Now Print & Borrow to Subsidise, 6 Likes 1 Share |
Politics / Re: Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 3:24am |
Tinubu Has Devised a Novel Idea of Bringing Down Dollar. Just Borrow More Money,Flood the Market With Borrowed Dollars and it Will Come Down 4 Likes |
Politics / Naira Tumbles To N1,234/$ At Official Market, Speculators Resume Hoarding by Antoeni(m): 3:15am |
The naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market on Monday, according to data obtained from the FMDQ securities exchange. The exchange rate means the naira fell by N65 or 5.26 per cent from N1,169.99/$1 recorded on Friday. The local currency had strengthened to around N1,072.74 on Wednesday as traders projected the naira could trade below N1,000/$1 for the first time. However, the latest drop appears to coincide with the remarks of the apex bank Governor, Yemi Cardoso, who stated that the intent of the bank was not to defend the Naira, when asked about the sudden drop in external reserves. Nigeria’s foreign exchange reserves have maintained a one-month dip streak. The latest figures from the Central Bank of Nigeria show the external reserves reached a new low of $32.1bn on April 18, 2024. The reserves dropped by $2.35bn in 31 days, from $34.45bn on March 18, 2024. But the CBN governor at the International Monetary Fund/World Bank Spring Meetings stated that the bank would refrain from intervening in the exchange unless unusual circumstances arose, stressing that the recent slight shift in reserves was unrelated to defending the naira. He said, “I want to make this as clear as possible, it is not in our intention to defend the naira. and as much I have read in the recent few days, some opinions with respect to what is happening with our reserves and if the central bank is defending the naira.” The national currency had slumped badly in the forex market in the weeks preceding the clampdown on Binance, exchanging for as much as N1,950 in mid-February. Observers blamed its earlier misfortune on alleged manipulation of the market by Binance. However, some stakeholders have accused the new crypto exchange platforms BYBIT and BITGET for the latest slip. Analysts suggested that the naira experienced a depreciation over the span of six months from July 2023 to January 2024, particularly evident in the black market following the disbursement of funds by the FAAC to federal, state, and local government authorities. The summary of the forex transaction showed that the intra-day high depreciated, closing at N1,295 per dollar. The intra-day low also reduced to N1,051/$. While the total daily turnover dropped slightly to $110.17m on Monday. At the parallel market, currency traders sold the dollar between the rate of N1,250 and N1,270 from N1,154 recorded last Friday. Bureau de Change operators who spoke to our correspondent said the reason for the new increase in dollar rate was due to market forces, adding they were unsure if there would be more increase or reduction before the end of the week. The naira’s surge since late March, which had made it the best-performing currency in the world, came to a stop on Sunday when it had its first weekly decline in several weeks on the parallel market. A BDC operator, Abubakar Taura said, “We sold the dollar today between the rate of N1,50 and N1,270 and it is a bit surprising because we don’t even know the real reason but that is the market, one day there will be profit and another day we make losses.” https://punchng.com/naira-tumbles-to-n1234-at-official-market-speculators-resume-hoarding/
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Foreign Affairs / Re: Graca Machel: Meet Woman Who Became First Lady Of Two Different Countries by Antoeni(m): 2:57am |
Who is Winnie Mandela |
Education / Re: Lead British School Student Bullied, Slapped By Other Students Over Boyfriend by Antoeni(m): 2:26am |
The 1st Thing First, Na to Remove This Boy Teeth. The worst part of this is, this goes beyond now, she has no friend to stand up for her, the way she’s not even fighting back because she’s trying so hard to normalize and numb it, the way they’re just sitting there making her feel like she’s not worth being fought for 54 Likes 3 Shares
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Politics / Re: Reno Omokri Replies Obidients Trying To Win His Challenge by Antoeni(m): 2:14am |
Reno Omokri's Shoe How can someone in Uk Wear This Kind of Shoe. Well if You Look Between B & M Also Look Between A And D Then Look At His Profile You Will Know He Urgently Need Some Palliatives 5 Likes 3 Shares
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Education / Re: Lead British School Student Bullied, Slapped By Other Students Over Boyfriend by Antoeni(m): 2:10am |
Her parents should involve police and also report those children to school authorities. Some of us that went to public will not care to let our parents know that someone bullied or beat us , we go just arrange some friends and treat them in the language they understand 45 Likes 1 Share |
Career / Re: Obstacle A Police Officer Must Cross Before Qualifying As Mobile Police Officer by Antoeni(m): 4:04pm On Apr 22 |
Which Stupid Obstacles, |
Business / Re: Abuja Chinese Supermarket Shuts Doors by Antoeni(m): 4:02pm On Apr 22 |
Those Nigerians Are Mad, Person Say I No Want You For my Store or Shop, Is it By Force? THen go Else Where |
Crime / Re: Boko Haram Bomb Experts Surrender To Military In Borno by Antoeni(m): 2:05pm On Apr 22 |
Story,its a Scrip, So That it Will Look like The Military is Giving Them Serious Heat, 1 Like |
Politics / Re: New Wage: NLC Proposes Sanctions For Defaulting Governors by Antoeni(m): 11:52am On Apr 22 |
Nigeria Have Not Had a Labour Congress After Oshiomhole Left NLC, 1 Like |
Celebrities / Re: Bobrisky Donates Chairs To Kirikiri Prison. by Antoeni(m): 11:21am On Apr 22 |
Philanthropist Idris |
Celebrities / Re: Bobrisky Donates Chairs To Kirikiri Prison. by Antoeni(m): 11:19am On Apr 22 |
Dear Ladies, Just This Hair Style & intelligent, Brain to Think Smart, is What All Men Want.... ❤️❤️ "Dear Men Hope I speak Your Mind?" 4 Likes
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Education / Re: Charterhouse: Why We Charge ₦42M Fees For Primary School Pupils — Lagos School by Antoeni(m): 11:06am On Apr 22 |
Waste , Mainly Only Dubious and Fraudulent Parents can Afford it. Ritualist, Drug Baron, Corrupt Politicians, Fraudsters, Chief Thugs. Assassin's,High Profile prostitutes, Fake Pastor, GO, Apostles ,Bishops Prophets, Dubious Bank CEOs. |
Education / Re: JAMB Sanctions Officials For Asking Female Student To Remove Her Hijab by Antoeni(m): 10:18am On Apr 22 |
What of if She Was Hiding EXPO in the Hajab 1 Like |
Crime / Re: Man Allegedly Beats His Girlfriend To Stupor In Delta For Refusing To Abort Baby by Antoeni(m): 10:09am On Apr 22 |
With All This , This Gender Will Never Learn, At Thank God he didn't use Her For Ritual |
Crime / Re: I Conspired With My Friends To Kill Fulani Woman For Money Ritual – Ifa Priest by Antoeni(m): 10:00am On Apr 22 |
Can Any Good Thing Come Out From Fulani? The Ritualist Should Have Looked for Bandits, Fulani Killer Herdsmen, Terrorist For The Purpose 1 Like |
Politics / Re: Nigeria's Economy In The Last 15 Years. by Antoeni(m): 9:50am On Apr 22 |
Dooms like Buhari, May GEJ Find a Place in Heart to Forgive Nigerians 2 Likes
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Religion / Re: Moment Prophet Odumeje Delivered Oyinbo Woman In London (Video) by Antoeni(m): 9:48am On Apr 22 |
Well Scripted, He is Only Fooling His Pathetic, Dumb,Gullible Followers, While He is Cashing Out 13 Likes |
Politics / Re: Nigeria's Economy In The Last 15 Years. by Antoeni(m): 9:41am On Apr 22 |
Buhari Was a Complete Error,Disaster & Misfortune to Nigeria & Nigerians, The Dummy Took Nigeria & Nigerians 20 years Backward |
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