₦airaland Forum

distance yourself from him for 2weeks

and what came out of their born to rule leadership?

what's the essence of being his girlfriend, when you can't say that straight to his face.

You will regret in Hell

she said "come let's make a baby".

In other words she lost words to describe my look.

we will Love you like Okorocha if u do.. Try am na. We gonna disown you.

Republic of 5percent Feeding 97 percent.

Ratello:
Black Nation for how long

that's why we don't progress.. Howmany Kings are there in the US. Germany, France and Russia

Thank God we don't have millitancy in Niger Delta. We have FREEDOM FIGHTERS. Nigeria Army Rocks. The Avengers Rocks. The whole Niger Delta Rocks

Double fire becux Hell is there for dem again

NRIPRIEST:
Ole girl, hate who ? What will make me to hate on Ijaw ppl ?
When I peruse through these your pictures I get an idea of people who are trying so hard to create a culture that never existed and thats why you see them throwing anything onto their body just so they can look culturally savvy and not having the moderation to know when to cease!!
I mean to ask if these ppl are nuts?? You wear so much stuff on your body and dont know when you start looking feminine. . . The issue is not the material but how it was sew and how much is suppose to be worn.
MODIFICATION IS THE ANSWER!!!

hate is bad

Revolva:
yes when i tell people igalla spoken in delta de act like fools

some people are born fools, so you can't possibly blame them.

BiafraudExposed:
read again before u comment

lol. It took me so long to understand your sacarstic statement

Mrjo:
Who ask u op? Is like u ar suffering from lost of id

why u open am?

9. The unemployment rate

If you pay attention to AIT, Channels Tv. TVC NEWS E.T.C, you can’t go a day without hearing someone talk about the unemployment rate. It’s easy
enough to tell you the basic definition: the number of people in the civilian labor force divided by the number of people who are
unemployed. Simple. But knowing exactly what that means and how to interpret the data is much more complicated.

You first have to know who counts as being unemployed. To be unemployed in Nigeria, you have to not had a job, have actively looked for work in the last four weeks, and be available for work.

This means that people who have given up looking for work don’t count toward the unemployment numbers anymore. You should keep that in mind when interpreting changes in the rate,
since some drops could mean lots of jobless people have just stopped trying.

You should also compare the latest numbers with the same month the previous year to avoid
getting confused by seasonal differences.

10. Free

No No No No and No. It doesn’t exist.

Even the brightest economists will tell you, “There’s no such thing as a free lunch,” meaning nothing is
entirely free of cost. One speculation of where the phrase originated is when saloons would give free lunch to anyone who bought a beer. They’d serve the men the saltiest foods so they’d end up buying more beer, thus making the meal cost something.

Today, the concept isn’t too much different. If you think you’re getting something for free, you’re probably paying for it through hidden costs or costs that are distributed to someone else or society.

6. Money supply

Though most economic concepts worktogether in the market, this one is very closely related to the following two ideas.

The money supply is the amount of ₦aira floating around out there, as well as the checking account deposits held by the public. It shouldn’t be surprising that the
supply of money would have great effects our economy, since money seems to be the most basic element of economics.

The money supply is altered largely through Federal Reserve policy, which can be used to affect bank deposits and print more money.

You might think that just churning out more and more money would solve a lot of our
financial problems since there would be plenty of cash available, but changes in the money supply can affect interest rates and
cause inflation.

7. Interest rates

We hear this term a lot in our adult lives. Oh, how we wish for the simpler times when we could just take a buck or two from our
piggy bank and not think about how much the pig would charge us.

The interest rate is how much we have to pay to use someone else’s money or how much we earn when we let the bank use our money. It’s expressed normally as an annual percentage of the total amount borrowed, and often changes as the money supply expands and shrinks. It’s the reason you want to pay off
all your loans as quickly as possible, since it really can start to add up.

You might hear the terms real interest rate and nominal interest rate thrown around.

Nominal just means inflation has not been taken into account and real means it has.


8. Inflation

When you think back on what you used to be able to buy for 1K in 2014 and what you can get now, you’re getting a glimpse of inflation.

Inflation is the increase in the
overall prices of products and services in the economy.

Each ₦aira buys less and we all
probably start to feel poorer. A low, stable rate of inflation is normal and economists consider it ideal, but high inflation can happen when the money supply expands too much and too quickly.

It’s obviously not seen as a great thing by consumers who have to pay more for goods, and there are
other negative effects including less investment and savings and possibly a shortage of goods if people start hoarding them. But there is a silver lining for the economy: central banks can make
adjustments to nominal interest rates that help ease recessions.

3. Opportunity costs

When you take an opportunity, say choosing to accept a job offer, you’re giving up the other things you could’ve done with your
time, like spending eight hours a day with Seun, Lala and Mynd44.

An opportunity cost is basically the best alternative you’re sacrificing to take on whatever opportunity you’ve chosen. Even in economics, it can be monetary, like the money you would’ve made at the other job, or things like lost time or pleasure.

The concept of opportunity costs can be applied to other areas of your life, too, like when you’re thinking about getting married and you have to carefully consider the awesome aspects of bachelorhood e.g taking your female colleague to ur house.
Is it worth it?

4. The diamond-water paradox

Also known as the paradox of value, this little economics mystery is an interesting one to contemplate. It might even be worth discussing at parties if you have particularly nerdy friends.

This concept looks at the fact
that water is more useful to humans considering the whole, you know, survival thing, but diamonds are worth more in the
market. A diamond could be sold for a large amount of money, while water is given away for free.

Economists thought for a while that this contradiction might come from the amount of labor put into each commodity, but it’s now generally accepted that the answer is in the products’ marginal utility, or how useful each unit of the product is. Because there is so much water
in the world, we are able to easily cover our highest-priority uses and use water for minor things like washing our cars and watering our lawns.

This makes us value it less, but if there were a water shortage, we would gladly pay large amounts to make sure we had enough for our survival.

5. Incentives

An incentive is kind of like a bribe, but we’ll call it a good bribe. It’s basically anything that motivates us to do a certain thing or buy a certain product.

Economists will tell you that incentives are everything. They’re
given to employees to encourage them to work hard (like bonuses and personal development) and given to consumers to give them a reason to buy (like discount cards).

During hard economics times, they are particularly useful as they can keep businesses alive and give rewards to customers. As a consumer it’s important to
understand how the incentives are benefiting you and also how they benefit the economy.

Whether you work as an economist or you try your best to ignore the bad financial news and your bank account, economics is
at work in your life. It’s affecting your trips to the market, your loan applications, and your paycheck, so you’d better at least
try to understand some of the basics and most-used phrases. Knowing these concepts will benefit you whether you’re 18 or 80 and will help you be a better, more informed consumer and employee.

1. Supply and demand

ok i get it, that's the only topic you were familiar with whenever the economic teacher pops up during your Secondary school days.

Supply and demand helps the masses understand why those hot Snickers, T-shirt. Jean, You bought at high expense at December, is a quarter of the price by March.

Of course,knowing the basics of this concept won’t save you the holiday hassle, but at least you
can feel like an informed consumer as you fight for the last Ticket to Ishilove's heart.

When the demand is high, the price goes way up. Manufacturers then make more of the product because they can make more
money by producing that than something with a lower demand. The supply grows, making the price drop. The manufacturers
then move on to the next in-demand product so they can make the most profit.

2. Costs and benefits

This is basically the pros and cons list your mom has been encouraging you to make for
every life decision, only applied specifically to economics. You probably use it on a small scale when you find a really cute pair of
shoes but don’t know if you should spend that much. Will the positive attention you get
and your love for the shoes outweigh the dent you’ll be putting in your bank account?

Governments and businesses use cost-benefit analysis to determine the worth of potential plans or policies. They consider the profits and social benefits, in monetary
terms if possible, and see how they stack up against the costs.

3 Loading.......... Mynd44

shame on Raymond dokpesi for letting dis one slip off when he have all the resources to enable security tapes on that election.

Remain You.

FemiFaniKayode:
I dey tell you

in one of my nigga's voice "e dey inside"

FemiFaniKayode:
I dey tell you

in one of my nigga's voice "e dey inside"

I comment here as "a Proud Seed of Niger Delta.
A Proud Son of Nigeria..
God bless you GEJ. Ur meekness alone is worthy of emulation.

Biafra in Progress!

BiafraudExposed:
So these guys blackpanda , Afriifa , Olizey , is also pretending to be Naija Delta ?

the funny thing is dat u choose to ignore the truth. Self pity.

Stalker365:
Lol kinda true.
There's "when you're bored bf" °°°°°°°°"when I need advice bf " °°°°°°°°°" when I need some loving bf"

really?

Obaseki wait make we swore u in first.

SonofDevil:
Efcc don't have case with her, she is the one that heated the polity.
Effcc traced illegal fund to 4 companies and they took them to court,the companies pleaded guilty to the offence,and Efcc took a court injuction to freeze the accounts of where illegal funds were found.

Patience is not a party to the case,unless she charge efcc to court and prove that she owns the money in those accounts. which I doubt

forgive my ignorance. N thank you

Please Take this Woman to Court if she is guilty already with all this confrontations on Media am fed up, with all your EFCC of a thing. Present evidence in court not on social plafforms.

One of Niger Delta Political Lords still representing

and who Told the Biafrans they can conquer Niger Delta in War? Death is calling some people sha.

snrman:
Economist are not stingy we only have rational thinking in spending

i hav tried had to make people understand dat but no one seems to believe me.

hungryboy:
Lol,
Power pass power,
Instead of dat Pastor to just siddon jeje dey chop tithe and offering, him wan go challenge the gods of him ancestors,
Make him learn from dem Oyedepo dem nah,
Just chop tithe money
Buy private Jets
And slap a few kids brought to your church and label 'em witches
No go head to head with herbalist,
Make dem no open your yansh

God have Mercy on Us