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AllDModsAreMaad's Posts

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Politics / Re: Nigerians Will Rather Commit Suicide Than Act - Amaechi by AllDModsAreMaad: 9:45am On Oct 28, 2023
Zxcvbnmghtr:
grin

grin Ameachi is starting to become like Shehu Sanni who became a parot since after he lost going back to the Senate and still couldn't get the governorship ticket of his state

But some people no know their level sha. This one too wants to become Nigeria's president. I laugh........a DATTI laugh. grin

But but he is more successful than all your gen er@ion combined
Travel / Re: My Japa Plan Has Been Destroyed by AllDModsAreMaad: 9:05am On Oct 28, 2023
LoveJesus87:
na dem dey pay nw. grin

Omoh nothing like getting an update or info at the very first moment and having the mind to invest or process or do the investment or business deal.

I am sure many people made fortunes from that thing(I mean the free fall).
Business / Re: Naira Gains Against Dollar, Trades At N1113/$ At The P2P Market by AllDModsAreMaad: 5:27am On Oct 28, 2023
JOemmy:



Very true buhari mortgaged nigeria's crude oil to borrow money which made nigeria to be using almost all current oil earnings to service debts now tinibu have come to also continue with that same policy of mortgaging nigeria's gas reserves to get urgent dollars to artificially shore up the naira.

Don't mind them.
Business / Re: Naira Gains Against Dollar, Trades At N1113/$ At The P2P Market by AllDModsAreMaad: 5:24am On Oct 28, 2023
Eriokanmi:
You'd be disappointed on this. I'm not a fan of the apc as you know. Injection of a whopping 10bn usd into the economy, which had been approved means a lot...I mean a lot. If you have dollar, if you'd only listen, don't hesitate to sell so that, the little gains you've made won't disappear like a dew in the wind. I advised someone same way, when the dollar was hitting almost 1k under buhari administration but he didn't listen. By the time it crashed to 699 to a dollar, he lost everything. Now , he's japa to america when he couldn't cope. He's a member of this forum and I'm sure he's gonna read this post. It's a very risky adventure.

Don't join those saying naira would continue to fall as long as Nigeria keeps importing. That's a tale from the moonlight. There are a lot of advanced countries who import almost everything yet , they're prospering. In as much as export would boost our economy, export shortage not our major problem. Corruption and mismanagement of the economy by employing the wrong people are our problem. We weren't exporting as much as we're doing today when obj was in power yet, naira remained very strong throughout, even at a time when our crude sale and volume were very slow even lower than what we see today.

It's just like employing a bad teacher to teach your child , you don't need to be told of your ward's academic performance in the end.

Be playing, the game plan is to inject that amount into the system and then use propaganda to tell those that is stocking it up to sell what they have.

Now, do you consider what will happen when people decide not to sell it off and some continue to stock it up until the one in the system reduce to the point of getting scarce, do you?

For your mind, that amount is too big for people to make it scarce abi, dey play...

Only if you know the quantity of businesses Nigerians do with dollar, you will know that amount will reduce asap once it becomes available in the market but the question is "is FX really available to make people not to make use of black market?"

I even want it to reduce, so that I can complete the projects I have at hand at the moment asap.

1 Like

Business / Re: Naira Gains Against Dollar, Trades At N1113/$ At The P2P Market by AllDModsAreMaad: 5:14am On Oct 28, 2023
loswhite:
All the above mentioned did not start today. Lack of FX generator did not start in this administration. Politicians did not start to save in dollars today. It has been there for a long time. The question you refuse to answer is exactly what I was waiting for. How do aboki in the black market determine the exchange rate? If you have the answers I am sure you would have typed it here. A speculative market is not the true value of the naira.

If that is the answer you need, learn to ask questions properly next time.
The way you structured your question is wrong if that is the answer you seek.

Again, stocking money in dollars became rampant only recently, bribing delegates in dollars became rampant only recently.

That been said, they determine the same way you determine the prices of goods you or everyother seller want to sell.

Look at it this way, they buy from a seller and resell for a reason, and the reason is what "to make profit/gain"

They determine the price just the same way those handling petrol price in the black market determine theirs when their is scarcity of petrol in the country.

It is called a black market for a reason, since the government can't do their job of providing it, they use their own resources to source it and then provide it and normally you don't expect it not to come at a price.
Travel / Re: My Japa Plan Has Been Destroyed by AllDModsAreMaad: 5:07am On Oct 28, 2023
LoveJesus87:
it is called LATE ENTRY

And na dem dey hear am pass, I mean those late entries.

1 Like

Business / Re: Naira Gains Against Dollar, Trades At N1113/$ At The P2P Market by AllDModsAreMaad: 4:38pm On Oct 27, 2023
loswhite:
remind me of the factors again? Then I will like you to tell us the mechanism the black market dealers use to determine price

I will give you just 3, I think it should be ok and we can start from their.

•Lack of FX revenue generator: FG over rely on international remittance by Nigerians in diaspora to generate FX, even the small one wey they generate sef, oil import, certain individuals businesses dey sap am,making the demand always high.
•Unfavourable/Unfriendly/ unsustainable business environment or policies which can improve export or FDI to boost the inflow of FX.
•Insincerity on the side of the political class: For example, they save or store their stolen money in dollars, so any FX that enters the country no go last or go round. They recieve bribe in dollars, they give bribe in dollars and so on.

I no wan mention JAPA matter that will always be there to reduce the small FX wey dey enter the country.
Business / Re: Abokifx Stops Reporting Dollar Rates Again by AllDModsAreMaad: 4:26pm On Oct 27, 2023
E be like say dem wan do the owner shege, dem wan silence am or ban his activity...

Him gats choose one.
Education / Re: Robbers Invade TASUED Hostels, Rape 4 Students by AllDModsAreMaad: 4:23pm On Oct 27, 2023
HQ of everything ba d news in Nigeria.


Na wa o for this Ogun state.
Business / Re: Naira Gains Against Dollar, Trades At N1113/$ At The P2P Market by AllDModsAreMaad: 4:21pm On Oct 27, 2023
I need to make a friend who is proficient in forex, I want to go into that business part-time.
Business / Re: Binance CEO, Changpeng Zhao, Loses $12 Billion As Crypto Market Slumps by AllDModsAreMaad: 3:11pm On Oct 27, 2023
The probability of making money with this crypto is lesser than you losing money with crypto.

89 Likes 7 Shares

Business / Re: Naira Gains Against Dollar, Trades At N1113/$ At The P2P Market by AllDModsAreMaad: 3:06pm On Oct 27, 2023
LoL, joke as usual.

This one naira gains 166 today, it may gain further, let's say to 950 or so, but before December dollar will hit 1400 because the process they are using to slow down the free fall is not sustainable.

I am not wishing naira bad but it is what it is because the factors causing the free fall has not been checked or corrected, rather they are using money to shock it just to slow it down.

83 Likes 2 Shares

Crime / Re: I Don't Pity Justina The Uniport Student Killed By Her Boyfriend- Verydarkman by AllDModsAreMaad: 2:33pm On Oct 27, 2023
Same here, I don't have any pity for her, she must have seen the sign somehow but choose to ignore it for reasons I don't know.

6 Likes

Phones / Re: Pictures From Oraimo Spacepods Moonlight Edition Launch Event In Lagos by AllDModsAreMaad: 2:11pm On Oct 27, 2023
When I was looking for airpod to buy, I had the plan to buy oraimo products but in the day I went to get it, I bought NewAge airpod instead.

I'm enjoying it but I will still try to get an oraimo product.
Politics / Re: Bandits Kill Four In Zamfara Raid, Govt Closes Market by AllDModsAreMaad: 2:10pm On Oct 27, 2023
One good thing I will and must do for my kids is to give them lives in a working society or environment where safety of life and properties is sacrosanct and high.
Politics / Re: Release Kanu, Start Process Of Restructuring - Southern, Middle Belt Leaders by AllDModsAreMaad: 1:37pm On Oct 27, 2023
SeunOsewaIsDiot:
Those miscreants rice, plantain and cow thief from the brown roof south wasted waste no go like this great news. Their criminal brother dey in power but hunger and starvation wan finish them. One of them a 44-year-old man called Nurudeen Disu stole 36 cows few days ago in Lagos state from the hausa fulanis

LoL 😂😆

1 Like

Business / Re: Folorunsho Alakija Adds To The Beautiful Skyline Of Lagos by AllDModsAreMaad: 1:34pm On Oct 27, 2023
truthfinder319:

Yoruba billionaires have verifiable sources of income. E.g. Mike Adenuga( Telecoms and Banking), Folorunso Alakija (Oil and Gas), Femi Otedola (Oil and Gas, Energy), Subomi Balogun (Banking), Tajudeen Fola Adeola (Banking), etc. Unlike some people who put drugs and sell fake products
Show me your fa ther's name on that list please.



Business / Re: Folorunsho Alakija Adds To The Beautiful Skyline Of Lagos by AllDModsAreMaad: 1:32pm On Oct 27, 2023
truthfinder319:

Yoruba billionaires have verifiable sources of income. E.g. Mike Adenuga( Telecoms and Banking), Folorunso Alakija (Oil and Gas), Femi Otedola (Oil and Gas, Energy), Subomi Balogun (Banking), Tajudeen Fola Adeola (Banking), etc. Unlike some people who put drugs and sell fake products



I did not see your fa ther's name on the list.
Business / Re: Folorunsho Alakija Adds To The Beautiful Skyline Of Lagos by AllDModsAreMaad: 1:32pm On Oct 27, 2023
Abagworo:
Her source of wealth is known and she didn't have to kill her boyfriend or go about flaunting wealth.

Olu ku, tell your Oga to dash you an oil well the way she was gifted one if e sure for you.
Business / Re: Folorunsho Alakija Adds To The Beautiful Skyline Of Lagos by AllDModsAreMaad: 1:25pm On Oct 27, 2023
Nothing impressive here, call it whatever you want to call it, IDC.


Who dem go gift oil Wes and other benefits wey no go do it and more?

Abegi, money wey dem suppose use do things for the masses, dem go share am among themselves.
Crime / Re: Video Of Justina Nkang Otuene Murdered By Her Boyfriend, Demain Okoligwe by AllDModsAreMaad: 11:36am On Oct 27, 2023
I don't have any pity or sympathy on her because she must have seen the signs but for where?
She wants to cry in a "Bugatti" or in "Dubai" over chilling on a bike or in "Ibadan".

2 Likes

Travel / Re: My Japa Plan Has Been Destroyed by AllDModsAreMaad: 10:37am On Oct 27, 2023
BigDawsNet:


Google "Product design"

Thank you bro, I will do that asap

1 Like

Travel / Re: My Japa Plan Has Been Destroyed by AllDModsAreMaad: 6:41am On Oct 27, 2023
speedy0420:
Get a good pc and. Go into IT
Or move to places like Cotonou where processing oversea travels are cheaper

Which course do you think is ok for someone that doesn't have a computer science or tech based degree?

I can't keep watching my PC(it has VRAM/dedicated graphics) to waste, I am fucking tayad and blaming myself why I bought it but I still believe it will be a very important instrument to me as time goes on.

I will be glad if you can suggest a viable one for me.

1 Like

Travel / Re: My Japa Plan Has Been Destroyed by AllDModsAreMaad: 6:36am On Oct 27, 2023
nams77:

Let me advice you as a seasoned biz man


If you decide to invest, don't invest all the money at once. Use about 1M or at most, 1.5
M.
Start small and grow organically.

You see all the people talking about crypto and Forex trading etc? Avoid them.
Invest your money in what you can see and control

Op, in all your taking, consider this person's advice.

1 Like

Travel / Re: My Japa Plan Has Been Destroyed by AllDModsAreMaad: 6:34am On Oct 27, 2023
Neyoohpompy:
Buy usdt and never save in any shit domicilliary account. Buy usdt and save in a private walllet.

This is fucking risky abeg, the value is not even stable to begin with.
Travel / Re: My Japa Plan Has Been Destroyed by AllDModsAreMaad: 6:31am On Oct 27, 2023
Wujio:
Buy dolar and save in your domiciliary account if you did this since you would have 4M.by now

Op, don't listen to this guy, I was told by a bank guy who is very familiar with FX market that this is a very bad time to do this because it's now unpredictable and risky unlike before.
Travel / Re: My Japa Plan Has Been Destroyed by AllDModsAreMaad: 6:29am On Oct 27, 2023
Wujio:



I am investing a 3 M in Nigeria presently. Leave them alone they will never listen. They only see and think evil about Nigeria

LoL, your 3 million naira is less that 3000 dollar .

It can't even take you to some African countries, it's better you invest it in Nigeria.

Japa is not for you or the other guy.
Family / Re: Be Sensitive To Your Wife’s Feelings Too! by AllDModsAreMaad: 2:37pm On Oct 26, 2023
Story for the gods...

As long as I married you, it is ME first before YOU.

No compromising on that standard or rule for any reason whatsoever.

When I dey work my ass out to give you and the kids soft lives, where're you?

If you don't like it, you can take the exit door.

9 Likes 1 Share

Politics / Re: LAWMA Serves Intention To Seal Notices On Some Businesses In Lagos. by AllDModsAreMaad: 2:24pm On Oct 26, 2023
Now that the election dragging is over.

Let's see another excuse Balabulu will give.
Crime / Re: 3 Islamic Clerics Behead Surveyor In Ibadan (Graphic Photo) by AllDModsAreMaad: 3:03pm On Oct 22, 2023
Goodvibes007:

Same with ibos and cannibalism. Human meat is snack to an average Igbo man.

Keep kwayet joor.

Your tribe's own is becoming alarming.

At least the one you mentioned is related to insecurity, but your own happens everyday even when there is no insecurity.

1 Like

Foreign Affairs / Re: China Deploys 6 Warships To Middle East Over Fears Israel Crisis Could Spark WW3 by AllDModsAreMaad: 3:00pm On Oct 22, 2023
Horus:
The Chinese Navy (PLAN) Type-055 Renhai Class Cruiser has two large vertical launch systems (VLS).
These are larger and deeper than the U.S. Navy's Mk.41 VLS

This comment is filled with igno rance, so size now equate impact?

China has the highest population, does that make them the strongest?
Foreign Affairs / Re: China Deploys 6 Warships To Middle East Over Fears Israel Crisis Could Spark WW3 by AllDModsAreMaad: 2:56pm On Oct 22, 2023
Ola9ja23:
The IPOBidients think that Jews are god


US thinks that they are dictating for Africa.


China plus Russia plus Iran plus Turkey plus Korean plus Japan plus others

Europe and US will be reduced to nothing

Let's see how IPOBidients will survive this humiliation 😀🤣🤣😀😀😀🤣

Truly you folks are du mb.

The topic is at variance with the content, that is to say it is a made up news by the op.

Even the source says a lot about the news because the source is not an international news outlets that have Intel in various places around the world.

That being said, China no go wan do anyhow with USA because of ordinary Hamas.
They wouldn't want to risk their peace, growth and benefits they are currently enjoying over inconsequential terro rists.

Dey Play!

1 Like

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