handsomebolanle:


sometimes we need people as such that differs a conventional position on opinion/arguments to enable us make better judgement.

But ehhn...Lazyyouth4u can just decide to become a pain I don't understand ... just pick what you need from him and move...One shouldn't stress self replying

EarlyCareer:


Of course, she/he saved a lot of people money by countering that coordinated move.

I was reading and praying someone did...the moniker came through. I honestly don't have a problem with her/him, I just aired my view on the vile approach. As I said, I also have no intention to be a frequent contributor here. So it is not my business.

We need more people doing so on this thread as it has been monopolized a lot by certain folks that are only comfortable discussing what they like, sadly herd mentality follows suit. Getting the thread back to how it was before when I used to be a guest viewing it will help everyone.

Thankfully, feelamong the creator is liberal and allows free discuss which is why a lot of people have been benefitting here. NSEMPA and the crypto thread is good too.

TB rates is picking up again. Good times.

Lazyyouth4u:


To be very honest and if you read my comments, you will notice that I only reciprocate the vileness to the riff raffs that think they can use insults to shut me up because I am going against some of their so called gurus that they believe are always right and can never be wrong.

As an investment professional, I always do my DD na and digging through old posts to know the background of the individuals is how I do this . If it was not allowed, NL would have prohibited that feature. And honestly anyone that has nothing to hide shouldn’t fear that.

Sadly, when I dig through i find out that most of the people here are fake, audio liars with ulterior motives.

skydiver01:
Turkey's central bank today hiked interest rates to 19% to curb inflation and support the Lira.

https://www.ft.com/content/f1ec0b3d-00c0-4959-a9e2-addb736e6e3f

EarlyCareer:


Fair enough.

Sometimes, ignore though, state your case and ignore. You must not join people to bath in mud. It's good for one's mental health.

Lazyyouth4u:


To be very honest and if you read my comments, you will notice that I only reciprocate the vileness to the riff raffs that think they can use insults to shut me up because I am going against some of their so called gurus that they believe are always right and can never be wrong.

As an investment professional, I always do my DD na and digging through old posts to know the background of the individuals is how I do this . If it was not allowed, NL would have prohibited that feature. And honestly anyone that has nothing to hide shouldn’t fear that.

Sadly, when I dig through i find out that most of the people here are fake, audio liars with ulterior motives.

budaatum:


After four months of relative calm, the Turkish lira is once again doing what it does best: slumping against every major currency. It nose-dived 17% overnight to near all-time lows, hitting 8.39 against the dollar and 9.97 against the euro before recovering later on, ending the day down over 7% against the dollar, amid concerns that the central bank and state-owned banks cushioned the fall by selling dollars into the market, thereby further depleting Turkey’s already scarce foreign currency reserves. The lira has lost half of its value since its currency crisis began in 2018.
https://wolfstreet.com/2021/03/22/after-shock-awe-rate-hike-turkeys-central-bank-governor-gets-sacked-and-all-heck-breaks-loose/

budaatum:


After four months of relative calm, the Turkish lira is once again doing what it does best: slumping against every major currency. It nose-dived 17% overnight to near all-time lows, hitting 8.39 against the dollar and 9.97 against the euro before recovering later on, ending the day down over 7% against the dollar, amid concerns that the central bank and state-owned banks cushioned the fall by selling dollars into the market, thereby further depleting Turkey’s already scarce foreign currency reserves. The lira has lost half of its value since its currency crisis began in 2018.
https://wolfstreet.com/2021/03/22/after-shock-awe-rate-hike-turkeys-central-bank-governor-gets-sacked-and-all-heck-breaks-loose/

skydiver01:
The fall in the Lira was as a result of the central bank governor being sacked (something like the fourth one in two years). Not the increase in rates. As it happens, he was a markets friendly governor and the Lira appreciated markedly over the period he was governor of the central bank.

EarlyCareer:


Fair enough.

Sometimes, ignore though, state your case and ignore. You must not join people to bath in mud. It's good for one's mental health.

seyisanya:
Knowledge, they say, is power. Seek knowledge and see how powerful you will become in every aspect of your life. Do your research regarding all the investment vehicles that are available to you and only come here to cross-fertilize ideas. That way, while reading through lengthy pages of comments here, you will be able to separate the wheat from the chaff.

Despite the country's woes, people are legitimately making money while they are asleep in this same country. It's called passive income.

Be wary of people with an ulterior motive, but at the same time be open-minded, and don't be antagonistic towards every idea.

lavylilly:
In a pandemic year the number of cars increased in Lagos, people are making it.

Lazyyouth4u:

Please state your source...

lavylilly:
Grab a copy of businessDay

Lazyyouth4u:


Okay I will. Today’s copy? What page please?

lavylilly:
YesFront page, check their website or Twitter page

Lazyyouth4u:

Okay seen. Thanks!

skydiver01:
The fall in the Lira was as a result of the central bank governor being sacked (something like the fourth one in two years). Not the increase in rates. As it happens, he was a markets friendly governor and the Lira appreciated markedly over the period he was governor of the central bank.

condomuser:
Anyday any of the person's here start meeting together for any reason, it maybe the start of the greatest KIDNAPPING of all time.
A lot of people on this thread are thieves, cultists, arm robbers in real life. They are just waiting for you to slip slightly so they chop you mugu.

Do not fall for it . On the other hand, this thread is filled with lots of audio billionaires and millionnaires not knowing if they unfortunately get kidnapped, the same masterminder of the kidnap will care less of your worth rather eyes will be on the N100 million ransome.

Donbrig:
@lazyyouth4u, you are doing well, please continue with your investigative journalism, we appreciate you in this thread, we've learnt a lot from you here, like emmasoft, emmanuelelewumi and host of others, God bless you all. You are just the type who feels very uncomfortable seeing ignorant/innocent people being scammed of their hard earned money, though many won't say it directly because it is a faceless forum, but just try to respond to any suspicious ponzi scheme promoter without insults, or there are ways you could also insult people politely without hurting their feelings.

Now that our youths are now doing apprenticeship on how to become a scammer/fraudster, we just have to be extremely careful on how and where we invest our money, but Nigerians like learning their lessons the hardest way, so ponzi scheme promoters will always find victims.

lavylilly:
In a pandemic year the number of cars increased in Lagos, people are making it.

LauraClasikVibe:
The answer is YES!

ojesymsym:
How does this effect or affect us?

At the end of the two-day bimonthly MPC meeting, all policy levers were maintained following a unanimous vote of all committee members.

• Monetary Policy Rate (MPR) - 11.50%
• Asymmetric corridor around the MPR - +100/-700bps,
• Cash Reserve Ratio – 27.50%, and
• Liquidity Ratio 30.0%.

Aquilapriscilla:

@emmasoft

emmasoft:


For now, everything remains the same in terms of benchmarks. CBN seems to still focus on the real sector ie making funds available for businesses.
However, it cannot continue for long because if inflation continue on the rise, I’m sure they will have to increase rate and reduce cash in circulation.
So, for now fingers cross. Let us wait till May for the next MPC meeting.

damilola1978:
when are we likely to see double digit Tbill rates?

Biafran4life:
likely second quarter of next year if the forcast on Dan refinery materialize.The government want the real sector outside oil to compliment thr the oil sector .Thr will be general improvement in economic indices next year because APC really needs it for campaign