₦airaland Forum

afroxyz:
In the next 5 years the Chineae govt may have nationalized these companies

City of Beijing has taken control over Didi

Ikillbrokehoes:
These guys don't have any shame, so jobless. I don't know why they are so obsessed with us.

even other Africans that are here don't make noise here like these xenophobic negroes, the worst of them is that TMK guy, dude is almost 40 without brain, if you check he might be one of those jobless and unemployed south Africans with cheap phone and data waiting for grants

Dont mind them. Their hatred for Nigerians is so much that they killed the only exportable musical talent in their country (Lucky Dube) because they thought he was Nigerian

IronGalaxy:
Lol, I do have a life, and it's of a better standard compared to yours seeing where you and I are based.

Again. there's absolutely nothing to prove to a Nigerian don't flatter yourself. You are one African nation South Africans generally look down upon. We come here to correct these stupid assumptions you have about South Africans.

As for the bolded...you wouldn't be fully Nigerian if you didnt ride a lil bi of white di.ck. uncle toms of Africa

You look down upon yet you compare yourself to Nigerians on a Nigerian platform. You have a better life because yiu are in South Africa? Seriously, you are a clown

IronGalaxy:
Lol. Your business? Which ones? Could have fooled me..if there's one country obsessed with SA in Africa it's Nigeria. From the countless vloggers on YouTube comparing Nigeria to SA to the many Nairalanders who get their panties in a knot everytime there's a SA thread. It's no wonder according to Google, South Africa is the most searched country by Nigerians.

And yet here you are. What an irony

IronGalaxy:
I honestly have nothing to prove to you or any Nigerians, im not petty like that. This is a pan-Afrcan forum made in Nigeria, there are Ghanians on this forum Kenyans, Cameroonians etc , we South Africans joined to be part of this pan-African forum too but what do we find? People dragging SA's name on the mud every single day......I asked you what do you expect us to do?

Get a life. You Southies should stop tryimg to prove yourselves to Nigerians. The desperation is sickening. Especially when you factor the fact that you are airheads benefiting from the legacy of DeBoers

when we begin to value time, then we would place value on time

IronGalaxy:
Your stupid brethren also masturbate over South Africa 's name on this forum daily , what do you expect us to do? Keep quiet? Go to hell

Stop trying to be relevant. Nigerians care less about SA except when you guys are looting our businesses

IronGalaxy:
oh here's another one so a stupid blog like this one is a barometer?

Show us your own stupid blog then. Even if you had one, Nigerians would not visit but yet your compatriots keep coming here. Why the desperation to prove yourself to Nigerians?

IronGalaxy:
The question of this thread should have been " "why don't the much vaunted educated Nigerians based in the US plough back to their country of origin" . Elon Musk is just one guy, what are all these educated Nigerians abroad doing to improve the situation back home?

The way you South Africans masturbate over nigerian social media platforms is baffling. Yet you empty heads always want to claim superiority. Get a life bro

NaWeDeyHere:
you took the words right out of my mouth. - ask his betters Ezekwesili and Okonjo

if your autonomy (CBN is independent under the Nigerian Constitution) is being undermined then resign let the world know whats up.

I was in Zenith and I know what this man can do and has done and is still doing

Correct. Don't mind these armchair theorists

buckeyemedia:
Isn’t the Central Bank of Nigeria the arm of the Government that sets the monetary policy?

Oga did you fall from outerspace? Is the CBN an independent arm of government?

Educationalserv:
who be the u ? IS IT NOT NIGERIANS THAT MANUFACTURED THE BLACK MARKETS WINDOWS TO LUNDER AND IMPORT CONTRABAND .

So BTA that is not more than 5k is what is causing the naira to fall? How many percent of Nigerians travel out? Do Nigerians import more contraband than Indians and Chinese? You are deceiving yourself not people on this forum

NaWeDeyHere:
He capitulated to FG demand to distribute FX unlike his brother Sanusi who proudly resisted until he was booted out to mae way for this predicament we are now in

I'm assuming if you were the CBN givernor you would have resigned right?

NaWeDeyHere:
for this one - i will place the blame squarely on Emefilie. he spent 2015 to 2019 using Forex Reserves to fight the USD to keep Naira stable - mad buffoon. instead of thinking up ways to diversify the components of our Trade balances and encourage local production for imported items. this magnanimous malu decided to waste $98+ billion on Burea d change dealers and bribing mallams to safeguard his position in CBN

This is the government's job not Emefiele. He has no business trying to diversify the economy

Educationalserv:
when Nigerians use fake visa and cancel tickets to collect pta and round trip back to black markets and go about complaining that the naira is weak .which other citizens of the world behave like this and still demand a good and stable nation .any money u make by hoarding dollars or round tripping bta will be used to pay for inflation in price of other good and service .

When u are operating two parallel rates, why wont people roundtrip?

No worry. Na fintech cause am

Kennyking1234:
no, I asked because you mention where I made a comment on virgin.

Sorry. Was referring to hood

Kennyking1234:
i dont get which stock are you referring to $hood or $virgin?

Does SPCE trade crypto in its platform?

Willie2015:
last one ..
28/08/2021...

Wow. With a visa card linked to a nigerian bank?

TarOrfeeek:
That's not the total stock valuation.

The companies listed have a valuation of 500million dollars or more. Which is also a VERY GOOD thing.

Especially for a tier 1 bank like Zenith bank.
The dollar availability issue is a regulatory issue and nothing to do with their financial Operations.

In Nigeria, politics and regulation is a major risk factor. You can't rule it out. You cant expect people to invest in NSE where inflation would erode their gains. Quality stocks are dying. Look at Guinness in the last 10 years.

Kennyking1234:
I think that happened during a test flight one of their pilot died. With Richard Branson it would a penny stock.

The stock was never special. Too much hype. How can you make most of your profit from dogecoin trading and expect people to take you seriously? Coinbase that has more fundamental tailwind is still struggling

Willie2015:
I use Visa Card....
I have funded my acct more than twice...
And trsf same to T212 successfully...
Try Visa Card pls
Also try to read rules guiding deposits and withdrawal...

When did u carry out these transactions?

Willie2015:
Use Skrill...
Its working...

I've not considered it. Would check it out

boxypane:
He didn't deliver in Italy you know... What is the assurance now?

Are u sure u checked his stats?

Kennyking1234:
I am trying to... but it is not working.

They said they are not accepring cards from Nigeria again. Guess its by wire transfer now

Anyone been able to make deposits on trading 212 lately?

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I believe the Fed would still maintain its dovish stance. The delta variant has put the limelihood of raising interest rate on hold

Transactional sex. Odiegwu

posty56:
please know waste your time for that guy , I came here expecting smart Nigerians to criticize Nigeria government not knowing that clueless people full here, the fintech I use to trade America stocks (trove) insures your money upto $500,000 anything above that is at your risk ,now , tell me which politician go use that Kain app launder money? when what they steal is above that , some people here are backward as the government, God bless binance God bless Trove and other fun tech , enjoy your valueless naira while boys they cash out legit

All these guys are alligators benefitting from the comatose system so don't expect any coherent argument from them. The Nigerian that buys US stocks ir crypto, is he going to spend the proceeds in the US or convert it back to Naira? When did all these fintechs start that they are the cause of a naira which has been on life support since 2015. Besides these fintechs bring in FDI. Just this first half of the year Nigerian fintechs have raised about $150m. How much has FG attracted in FDI in this year? You allow people go for medical tourism, send their kids abroad to school, go for pilgrimage and run two exchange rates. You are more eager to apply for loan every 4 months than producing anything, and u blame fintech. Yet only 2% of Nigerians have N500k (or more in their accounts).

Ohyinyeah:
Fintech are giving banks a good run for their money, margin has reduced for banks hence they only way they can do it, is get a court injunction to freeze those Fintech account. Infact most of the founders of the mentioned app didn't even get any notice they read it from the internet.

" CBN alleged that they operated without license and crippled the exchange rate" I will like to see the data presented by CBN to support this allegation. If a couple of fintechs that mainly millennials use could have this effect on a whole country's exchange rate then Nigeria's situation is worse than we all think.


It started from rice ,then milk and corn at some point they blamed fuel subsidy and smuggling then they blamed corruption. Moved to BDC .

They kept looking for blamr now fintech. Soon they will say dom accounts are responsible for "dollarization" of the economy

If the banks had any brain they should be in the fintech space or have acquired one. But no. They dint want to go deeper into retail banking. They are haply with sendung young people out into the street as marketers,i flating balance sheets through excess charges on customers and chasing politicians for deposit

4Play:
The most frustrating is the multiple exchange rates which is simply an avenue for them to profit from arbitrage by buying dollars at official rates and selling at market rates.

Having instituted a policy framework to facilitate their thievery, they then set about frustrating entrepreneurs in particular and Nigerians in general all in a bid to ensure a constant stream of loot.

It's just cruelty and greed masquerading as legitimate exchange rate management.

A lot of them are also aging dinosaurs, so they don't appreciate these fintech ventures and want to curtail them in order to ensure they alone get to decide who gets scarce foreign exchange.

Nigerian banks have believed that they were indispensable until fintechs came. When you have a career banker as a CBN boss, this is what u should expect.