Crazy trusim.

DexterousOne:


This could honestly work
But this is Nigeria Nigeria tho

The structure is such that the very worst of us get to the top of everything
While those who can make the impact are locked out

ojesymsym:
Number 1 and 2 are suspect and incorrect if you ask me.

How?

Please explain

My concern here is that as CBN stopped funding bdc and banks limiting offshore foreign currency transfers/ withdrawal the resultant effect should have been decreased importation and boost in local production thereby increasing the strength of naira. But what we are seeing is that my people still find a way to smuggle thousands(possibly millions) of dollar as cash outside Nigeria. Government is aware of this situation and can block majority of the loopholes used in smuggling out dollar as cash but they are not doing it. My conclusion here is that we are not yet serious as a country and this means that no economic formula/monetary police implemented by CBN will ever work until we tell ourselves the truth and be ready to work with sincerity.

ahiboilandgas:
For local investors holding dollars while the black markets rates is tempting. 475 which is more of a speculative rate ....the cbn has stopped funding bdc and bta and pta once international air travel open up with thousand of Nigerians coming back for Christmas and other cbn will start funding those segement too according to them .....this will make price crash tp circa 400 ....a wopping lost of 75 naira .......dont invest and sleep....your eye ,ears,and nose should be on 3 time . . Crude prices,covid vaccine(international travels) and cbn/bdc policey........we in Abcon anticipate a loss of 20 bn in between ...........non greedy local investor that had dollars at 360 has sold off at 470 and waitng for 400 naira one to be available by nov/dec to stock up........... while greedy investors are hoping to reach 520 first ......surely they will get burnt it a circle ....

realking:
My concern here is that as CBN stopped funding bdc and banks limiting offshore foreign currency transfers/ withdrawal the resultant effect should have been decreased importation and boost in local production thereby increasing the strength of naira. But what we are seeing is that my people still find a way to smuggle thousands(possibly millions) of dollar as cash outside Nigeria. Government is aware of this situation and can block majority of the loopholes used in smuggling out dollar as cash but they are not doing it. My conclusion here is that we are not yet serious as a country and this means that no economic formula/monetary police implemented by CBN will ever work until we tell ourselves the truth and be ready to work with sincerity.

What method would you use to block currency smuggling if you were in power?
I'm curious...

TransAtlanticEx:
What method would you use to block currency smuggling if you were in power?
I'm curious...

if custom is actually in charge of clearing of good and CBN is in charge of Form M for importation, we can make a policy that source of fund for every importation must pass through Nigerian banks. Both custom and CBN can share data on this and extra criteria for clearing goods will be a confirmation that funds used for importation passed through a Nigerian bank

realking:
if custom is actually in charge of clearing of good and CBN is in charge of Form M for importation, we can make a policy that source of fund for every importation must pass through Nigerian banks. Both custom and CBN can share data on this and extra criteria for clearing goods will be a confirmation that funds used for importation passed through a Nigerian bank

This is really brilliant but will cause heavy congestion at the ports,a collapse of the BDC industry and an uprise of deadlier activities at the land borders by daredevil commodty smugglers and also don't forget that the customs itself is as porous and corrupt as hell,hence it will just lead to more money in the hands of corrupt officers.
But then,this is really brilliant,kudos!

TransAtlanticEx:
This is really brilliant but will cause heavy congestion at the ports,a collapse of the BDC industry and an uprise of deadlier activities at the land borders by daredevil commodty smugglers and also don't forget that the customs itself is as porous and corrupt as hell,hence it will just lead to more money in the hands of corrupt officers.
But then,this is really brilliant,kudos!

But the land borders are presumed closed. Also ask the question where BDCs are getting excess dollar as cash while cbn is not currently funding them. The answer is smuggling of dollar into the country as cash to sell to businessmen at high rate. The same dollar is smuggled out of Nigeria as cash. that is y I earlier said that nothing will ever work until we are serious and sincere to ourselves. I rest my case. Goodnight virtual friends.

realking:
But the land borders are presumed closed. Also ask the question where BDCs are getting excess dollar as cash while cbn is not currently funding them. The answer is smuggling of dollar into the country as cash to sell to businessmen at high rate. The same dollar is smuggled out of Nigeria as cash. that is y I earlier said that nothing will ever work until we are serious and sincere to ourselves. I rest my case. Goodnight virtual friends.

Yes we know what they are selling now is smuggled currency.
Land borders are very porous and can never be controlled properly,especially towards human traffic.
There are a lot of footpaths one could use to just stroll into Nigeria with currency.
Some good points you raised her tonight.

@emmasoft

Couldn't submit my online filled form an account opening.

Phylife:
@emmasoft

Couldn't submit my online filled form an account opening.

Two possibilities

1. It could be network issues from your internet provider at d moment you are trying to submit
2. Your kyc documents may be too large.

Solutions
1. You can try again at a suitable time
2. Reduce your kyc documents before uploading
3. You can also reach out to me on 08181057319
I can help out on the reduction process or if you think there are other possible cause of the issue.

Be assured the link is working and you will be able to submit just as others are doing.
We value your patronage

Except WesternUnion, MoneyGram and Form M, is there any other means of sending money to my Chinese producer at cheaper rate, because the rate of dollar now is very outrageous. Pls, I am seriously need to find some means of sending money to China at cheaper rate.

unite4real:


the response from Uchefrancis16 is ok to go with. I am certain you were alloted. its also possible u were sent a mail. Try looking at your spam folder for the mail. if u cannot find it, reach out to FBNQuest

Thank you

I emailed them directly, and they responded with the confirmation document. The complete fund was taken.

Thanks a billion brother. This wouldn’t have even started not to talk of being completed without your contributions.

I really appreciate.

Thank you so much sir, i appreciate

Sholapey:
https://drive.google.com/drive/mobile/folders/0B8KHt7Ln1U7jVk9GbjY2NGFDQWs

emmanuelewumi:




The property is expensive.

Land in that part of Ikorodu is less than N5 million, the amount spent on the uncompleted building should be maximum of N3 million

I will need between N3 million to N5 million to complete the property and I doubt if I can generate a rental income of 500k per annum from that part of Ikorodu.

Sir, it is not, Land in that area of ikorodu goes from 9m and above and the price is negotiable. I can give you receipts of the items used in putting the building up.

Same thing ahiboilandgas said, I cant rent out a property in a suburb of Lagos for 400k the apartment has been occupied.

emmasoft:

Two possibilities

1. It could be network issues from your internet provider at d moment you are trying to submit
2. Your kyc documents may be too large.

Solutions
1. You can try again at a suitable time
2. Reduce your kyc documents before uploading
3. You can also reach out to me on 08181057319
I can help out on the reduction process or if you think there are other possible cause of the issue.

Be assured the link is working and you will be able to submit just as others are doing.
We value your patronage

The link is working as i used it to open a VGIF yesterday. Just chilling now waiting for my account number as my TB will mature next week.

jp130:
Thank you so much sir, i appreciate

Madam Sholapey is a female just in case of next time reference.

Uchefrancis16:

Thank you

I emailed them directly, and they responded with the confirmation document. The complete fund was taken.

Thanks a billion brother. This wouldn’t have even started not to talk of being completed without your contributions.

I really appreciate.

You are welcome bro

NL1960:


Madam Sholapey is a female just in case of next time reference.

female with zeal of made men ...opps i hope say the feminist crew will not chop off my head.....

jp130:
Thank you so much sir, i appreciate

You're most welcome sir/ma.

ahiboilandgas:
female with zeal of made men ...opps i hope say the feminist crew will not chop off my head.....

NL1960:


Madam Sholapey is a female just in case of next time reference.

go raibh maith agat

Sweetie, sell it an any price you wish to but in syc with current reality. Just take the advice here and sieve it

Leezah:
Sir, it is not, Land in that area of ikorodu goes from 9m and above and the price is negotiable. I can give you receipts of the items used in putting the building up.

Same thing ahiboilandgas said, I cant rent out a property in a suburb of Lagos for 400k the apartment has been occupied.

IyaTola:
Sweetie, sell it an any price you wish to but in syc with current reality. Just take the advice here and sieve it

Stop telling people the price they should sell their property. It's business. If they can't get a buyer at their current price, they'll surely adjust the price.

I have sold property at 300% profit before. If I didn't get a buyer, I would have reduced my price.

emmasoft:

Two possibilities

1. It could be network issues from your internet provider at d moment you are trying to submit
2. Your kyc documents may be too large.

Solutions
1. You can try again at a suitable time
2. Reduce your kyc documents before uploading
3. You can also reach out to me on 08181057319
I can help out on the reduction process or if you think there are other possible cause of the issue.

Be assured the link is working and you will be able to submit just as others are doing.
We value your patronage

It seem you made some changes regarding interest with ziing app. Let the new changes reflects in the help button of the zplan. I downloaded the app 5days ago as it remain same.

You quoted the wrong person.

OgogoroFreak:
Stop telling people the price they should sell their property. It's business. If they can't get a buyer at their current price, they'll surely adjust the price.

I have sold property at 300% profit before. If I could not get a buyer, I would have reduced the price.

Leezah:
Sir, it is not, Land in that area of ikorodu goes from 9m and above and the price is negotiable. I can give you receipts of the items used in putting the building up.

Same thing ahiboilandgas said, I cant rent out a property in a suburb of Lagos for 400k the apartment has been occupied.

With your N5 million you will buy a plot of land at Ogolonto about 5 minutes walk to the BRT stand

Ogolonto is closer to Maryland, compared to the hinterland location of Ikorodu where this property is located.

We are in a buyers market.

And Ikorodu tenants can owe for Africa, you will end up selling the property.

Ibrahim505:

It seem you made some changes regarding interest with ziing app. Let the new changes reflects in the help button of the zplan. I downloaded the app 5days ago as it remain same.

Your feedback is well appreciated and rate adjustment will be updated.

NL1960:


The link is working as i used it to open a VGIF yesterday. Just chilling now waiting for my account number as my TB will mature next week.

Thank you Sir for choosing Investment One. I hope you got the usual acknowledgement mail after form submission.

emmasoft:


Thank you Sir for choosing Investment One. I hope you got the usual acknowledgement mail after form submission.

I got it immediately. Checked my mail an hour ago and discovered that the account has been created. That was fast. I have also created a login profile from the website as i intend to do my monitoring from the login profile.

IamR:

My friend sold his USD at N470 last week, but I have neither sold nor withdrawn USD this month.

How can I receive usd from a foreign entity to sell

Nezzjnr:
*ANNOUNCEMENT TO EVERYONE!!!*

Please & please if you have plans to buy land in PAKURO or MOWE or LOTTO, Don't do that for now, because FED ERAL GOVERNMENT wanted to build power line (TCN) & interchange link like the one at Shagamu.

And the road will link to AKUTE & IKORODU, It will affect part of RCCG, Deeper Life, Bala House & lots of homes.

RIGHT NOW PEOPLE ARE SELLING THEIR PROPERTIES (LANDS & HOUSES) TO THOSE WHO ARE NOT INFORMED.

Make research before you venture into immovable property.


Please save the novice from falling such victim (caveat emptor)...

Share this information to your family & friends!


How true is this

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