₦airaland Forum

A very good read! And very few reads on NL know that the NCB is owned and controlled by a very powerful global private banking entity.

And that Oga @ the top statement from a couple of years ago is now fully ingrained in the 9ja lexicon.


OGA AT THE TOP

Investors might be excited by Nigeria’s new free floating currency but the president isn’t

http://qz.com/718563/investors-might-be-excited-by-nigerias-new-free-floating-currency-but-the-president-isnt/


By Yomi Kazeem June 29, 2016 Quartz Africa




After months of strict currency controls, Nigeria’s new currency policy which saw the naira floated and valued by market forces kicked in last week.

The strict controls, intended to stem the flow of foreign exchange out of the country in light of depleting foreign reserves, resulted damaging effects across board. Investors and international companies could not repatriate funds and, in some cases, shut down operations. Local businesses were forced to purchase foreign exchange on the parallel market at more expensive rates and regular Nigerians felt the brunt as food prices shot up amid a fuel shortage crisis which was also a direct result of the strict controls. Travelers were also hamstrung abroad with banks placing tight limits on debit cards. These effects explained why the news of the currency float was received with a sense of relief by investors.

But in contrast, Nigeria’s president Buhari has expressed a displeasure with the new currency policy. At a meeting with business leaders on Monday (June 27), Buhari described the devaluation of the naira as a result of the currency float as “ruthless” saying he remains unconvinced that it was the right move.
“I’m not an economist neither a businessman, I fail to appreciate the economic explanation,” Buhari said. “How much benefits have we derived from naira devaluation in the past?”

Buhari’s comments fit with his publicly stated stance that a devaluation will amount to “killing the naira”. But such comments have also resulted in questions about the independence of Nigeria’s Central Bank and whether the apex bank’s agenda was dictated by economics or politics. However, the president’s obvious disagreement with the policy suggests the apex bank remains in control of monetary and currency policy.

Buhari’s displeasure likely stems from the naira’s sharp fall against the dollar following the float and the impact on ordinary Nigerians. But while the naira’s value was previously pegged lower than it now trades, the strict controls limited access to foreign exchange. Increased access to foreign exchange, seen as critical to boosting investor confidence, will immediately ease business concerns. Long-term, the Central Bank is hoping that by letting the value of the naira be determined by market forces, it can plug the gap between the official and parallel market values of the naira.



https://theglobalelite.org/wp-content/uploads/2014/12/nathan-meyer-rothschild-quote.jpg


https://www.theeventchronicle.com/wp-content/uploads/2014/03/nathan-rothschild-quote.jpg

ride on brother, we salute your efforts and success!

somehow i don't believe his words


http://tonynwajeipost..com/2012/09/the-hell-called-prisons-in-nigeria-by.html


[img]http://3.bp..com/-dkaSIPC-iyM/UGKeVKDgRHI/AAAAAAAAJVc/5bqaDAOf0mE/s400/Bad+Prison+conditions.jpg[/img]



good chop chop on the outside

https://www.nairaland.com/3161880/bukola-saraki-iftar-kwara-citizens


www.nairaland.com/attachments/3829752_1_jpeg83b5009e040969ee7b60362ad7426573

queen ini does look like she gained a few lbs./kg.

https://www.nigeriafilms.com/nfc-image/iniedo899.jpg

anyway, this loyal fan is wishing her a healthy term and delivery if the gist is true.

I had to plow thru 6 pgs. to see if this news report was already posted.


Allegedly, armed robbers descended on this shop recently.



General

Chinese supermarket where Nigerian shoppers are denied entry

By Taiwo Adeniyi and Latifat Opoola | Publish Date: Jun 14 2016 5:29PM



https://i1.wp.com/www.informationng.com/wp-content/uploads/2016/06/Chinese-Supermarket.jpg?w=696


Abuja''s Chinese supermarket where access is restricted to non-Nigerians. PHOTO BY: Taiwo Adeniyi and Latifat Opoola.

The management of a Chinese supermarket in Gwarinpa area of Abuja has said Nigerians are denied entry into the premises allegedly because of their nefarious activities.

The management however said Nigerians are allowed to enter the supermarket individually and not in group.

The supermarket, which is situated at 9 Bauchi Street, War College Estate, Gwarinpa, is a residential building turned supermarket and without a name with only a Chinese decoration on the gate.

Our reporters were also denied entry as the gateman, simply called ‘Maxwell’ said they were more than one.

“You can only be allowed in if you are accompanied by policemen, because you are more than one” he said.

One of the attendants, Samuel Azenda said the supermarket reached the decision after it was robbed by Nigerians in May during which more than N2.5 million was stolen.

He said until May, the gate was always open to all and sundry.

The owners of the supermarket were not available to speak to our reporters as they were said to have been flown to China for medical treatment as a result of the injuries sustained during the robbery.

Azenda, who was beaten during the robbery said about five personnel were beaten after a group of four armed men entered the premises in May.

He said the case was reported at the Gwarinpa Police Station adding that the decision of the management to ban Nigerians from entering the premises was not geared to discriminate between tribe and colour.

He explained that since the supermarket specialises in Chinese foods and items, Nigerians are not their sole consumers but only a few that patronises Chinese products. He also said those people are always welcome at the supermarket.

Read more at http://www.dailytrust.com.ng/news/general/chinese-supermarket-where-nigerian-shoppers-are-denied-entry/151106.html#5aPlCMqrwmy1w526.99

two crackheads.

"His wife had been arrested 19 times, sources said."


Staten Island ‘crackhead’ kills wife, wheels her Private corpse through neighborhood, then flees from cops

http://www.nydailynews.com/new-york/staten-island-man-wheels-corpse-sidewalk-flees-cops-article-1.2643863




Career criminal seen pushing his dead wife around Staten Island on a metal dolly captured by NYPD, charged with murder

http://www.nydailynews.com/new-york/nyc-crime/career-criminal-pushing-dead-wife-metal-dolly-arrested-article-1.2645136

#16 ... a top priority western classic ..... bros whup up on oyinbos

https://www.kennelco.com/wp-content/uploads/2014/11/Boss-Nigger.jpg

smart phones in the village? ride on 9ja in 2016.


and before i forget, dat azz on chika!

she is baba's daily blessing

that marriage would be over instantly if she had the effrontery to mutter such words. either she's packing her bags or i'm leaving. the ex boy toy can have and enjoy her.

and feed her shelter her.


https://www.mjemagazine.com/wp-content/uploads/2012/02/5-Easy-Signs-Shell-Make-A-Bad-Wife.jpeg

good job B.B. if that's ur work .... pump and dump dem loose IG ashies

jezebels always trying to trap some guy with fat wallet.

truth has to be told here when dealing with such matters

a former military general > a former zoologist/fisherman

>>According to the government, the persons who have so far been arrested cannot speak any Fulani or Nigeria language.
It added that those tagged suspected Fulani were foreign terrorists from other countries.


any village i-diot could have figured this out, and that they are foreign paid mercenaries causing all this new wahala.

i'd bet they're being paid with looted funds parked outside the country.

good post... don't know how nl'ers spend more time on big bosoms and killing snakes threads than something that truthful and pertinent.

abeg, someone help me find an official announcement from the company.


https://www.chevron.com/worldwide/nigeria








Militants attack Chevron Nigeria platform, production shut down

Staff Writers May 9, 2016

http://petroglobalnews.com/2016/05/militants-attack-chevron-nigeria-platform-production-shut/

"It was stolen between 2010 and 2014, part of the locust years of the Goodluck Jonathan administration."


NawaO, that journalist brought it

those corpers are some extra healthy looking peeps. they must be getting good portions of meal rations these days.

Change has arrived. Thank you ____.

fight back? nonsense!

fight for a job or business in order to put some garri and milk into all your children's stomachs around the world.

@davecameron .... tell the queen mum something she doesn't already know.

who taught 9ja this corruption since 1914 or earlier?


circa 1956

[img]http://media.gettyimages.com/photos/queen-elizabeth-ii-and-prince-philip-wave-from-an-open-land-rover-to-picture-id168576767[/img]

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doublewisdom:
Seems Tbillz loves them ugly. From first baby mama to Tiwa and this one, none of them is pretty in the real sense of the word.

Gigolos don't care about looks. they about collecting their naira/euro/dollar fee for services rendered.

perfect example right here....

Meet Italy's Most Famous Gigolo


https://www.youtube.com/watch?v=bzRsMU0JFv0

Royal Dutch Shell needs to hire Academi/aka Blackwater or a similar company to handle the problem.


https://rightweb.irc-online.org/wp-content/uploads/2016/03/academi-blackwater-xe2.jpg



Products Law enforcement training, logistics, close quarter training, and security services
Services Security management, full-service risk management consulting

nice one ... the power couple!

smh ...looters miss eating the people's pepper soup and can't wait to consume more!

stand down small boys, that's man's work!

Toke is pretty to me and do gotta a nice yansh on her.

i wonder if she would like living in london town if this big star toasted and scooped her up?




https://778819914.r.worldcdn.net/wp-content/uploads/2014/02/Toke-Makinwa-Instagram-BellaNaija-600x600-500x500.jpg


[img]http://4.bp..com/-o1TAfELtwU4/UZ6LObCW8kI/AAAAAAAACgk/Q3fAd2pHNFI/s1600/Toke-Makinwa-600x536.jpg[/img]

The Rock wouldn't know what to do with all dat good stuff laying next to him

great to see these chicks having some fun and getting some much needed exercise!

must be the auntie Kate Henshaw effect!

the Don is steering far clear of all that drama

let's face it, sometimes stuff happens between peeps in the entertainment industry


all this reminds of some other high profile folks


https://33.media.tumblr.com/7e7e9c8c7b986bb91abebd7e6465f6ee/tumblr_inline_mmjklhQIVP1qz4rgp.png

SMH...very hard to believe that some in the judiciary branch are in league with the looters!

Don't they take an oath of office to uphold the laws of the federal republic?

Great job EFCC. It's a dirty job but someone has to clean up the cages at the zoo.

@Ayo Alaba Ido

Experience

Founder & Editor in Chief
GreenNews.ng
October 2015 – Present (8 months)
Lead Consultant / CEO
Glass House Entertainment Limited
August 2013 – Present (2 years 10 months)


get your weight up son....dis be grown folks business.

Jamaican bro makes vid on

adding sugar should be a no-no, cancer cells thrive on it.

Soursop Juice - Cancer Treatment


https://www.youtube.com/watch?v=GwY6-_6XJ7c



also hearing a lot of good things on cannabis oil


The Cancer Miracle : Cannabis And Coconut Oil Make Powerful Mixture To Kill Cancer Cells – Say NO Chemotherapy and Radiation


http://www.newsprepper.com/cannabis-coconut-oil-make-powerful-mixture-kill-cancer-cells/#.VyVz_SHfT8g


https://www.newsprepper.com/wp-content/uploads/2016/04/0-184.jpg




Run from the Cure 2014 Updated - The Rick Simpson Story


https://www.youtube.com/watch?v=khkEpKM93k8