₦airaland Forum

Hmmm

alezzy13:
Funny enough they still maintained the rates, despite drop in inflation and complains that it's hurting businesses

This was expected. They've increased rates at every MPC since Cardoso took over.

Going from increasing rates to maintaining it is the right thing to do

We can expect cuts going forward.

DigitalMallam:
Based on the current inflation figure.
Inflation has dropped to 24.48 from 34.80 due to rebasing of the Consumer Price Index (CPI) - as released by National Bureau of Statistics (NBS). Expect sub 19% for 1yr TB.

Well said. In addition, exchange rate is now under the firm control of CBN. Only way Tbill rates go up is if the exchange rate goes haywire again.

Odunharry:
Tomorrow is the Treasury bills primary market auction.

Expecting rates to tank.

semid4lyfe:
So why was that dude obtaining 17 and 30 minutes runtime respectively on 1 litre fuel in the two brand new "I Pass My Neighbour" Generators?

Was the test staged and the result predetermined?

He didn't use the entire fuel. Just a portion of it.

semid4lyfe:
Someone finally did a longevity comparison of Dangote and NNPC fuel.

https://www.instagram.com/reel/DGEws60K5OC/?igsh=YzljYTk1ODg3Zg==

Might be paid PR by Dangote but his fuel ran for much longer.

Make una watch.

Did you notice that the fuel from MRS was more? That's in addition to selling substandard fuel, NNPC has tampered with their meter.

Dullresca left Gusto on the pitch till he played Brighton onside and cost us a goal

vazsily:
Hmmmmm! But at 18.8% investing in Treasury Bill is a bad idea, when inflation is 34.8%. Except perhaps you don't have any need for the cash but I believe investment in the NGX will give far better returns than this oversense by CBN bcoz of excess supply.

Inflation is the rate of change in prices from one year to another. The government is proposing inflation rate of 15% which will make 20% even more juicy.

Let's say they manage to achieve 25%, it's still around the yield you get from treasury bills.

If your argument is that inflation will continue at 34% within the next one year, then that makes Tbills less desirable. Unfortunately, there are hardly any better options for risk averse investors especially for those with huge funds.

BlueRayDick:
When you tell people these things they will say they are financially disciplined unlike you; that they will not increase their staking power because they won. We all know that’s a lie, but then online people are allowed to lie to themselves and others .

What they don’t know is that if people were making money off sports betting as much as they want us to believe , most bookies will be out of business .

We won't stop saying these things for the young and impressionable among us.

Stake.com where banks drops most of his games has something like a summary that displays your total wins and losses. There's a reason banks will post every screenshot but not that one.

Banks once said he was planning to set up a bet company. This means he must like losing money because if he was winning so much, why be on the other side?

No update on Banks game today. Most people don't understand the psychological aspect to betting.

You win 300,000 with 5k day before yesterday, you are not going to play yesterday's game with 5k. You are going to play all 10 games with 10k and then play all 10 flex 1 with another 10k. That's 200k lost the day after. Even if you fight the psychological battle and played with 5k, you still lose 50k. It will take the bet company six days to collect the money you won.

This is the story of many bettors. Don't be deceived by the fancy screenshots.