₦airaland Forum

ThierryJay:
Lol the economy affects him very well.

He's buying those foodstuff in bulk now before naira plunge destroys his purchasing power completely. What is he doing with over 10 bottles of morning fresh at a go?

Imagine showing off over an economical decision

Meerahbel:
As I was leaving the interviewer said, " hope it's not only here you submitted your CV"

CBTxFactor:
Better Call Saul... Damn! How person just dey watch this now.

Baddestguyp:
I think you should have given it time...

The plot looks simple at first but gets extremely complex when more is revealed...

For example, you'd start suspecting from episode 1 that those robots called Evas aren't actually robots...

Baddestguyp:
Neon Genesis Evangelion?

Hmm...why?

Kaycee7:
It's basically just a new frontier on the innovation front.
This is how it has always been in history. During the Industrial Revolution, while some workers were wailing and protesting, some went and learnt how to operate the steam engines and shifted into new careers.
During the inception of Social Media, while some people pushing conspiracy theories, others went ahead to grow followings and are now currently huge media brands.
And now it's set to repeat the cycle with AI.
I missed the Social Media window. Will be damned if I don't capitalize on this AI window.

If we've learnt anything from AI trends so far, it's going to take a while before OpenAi is done working out the kinks in Sora well enough for it to be open to mass use. Early users/testers will have a head start in prompt creation, content identification and modification.

Some people are about to make a lot of money.

Adasun:
Wait, is that no one has watch 'what happened to Monday '



Shit mehn that's 9.5/10 what!!!!

Baddestguyp:
Currently Rewatching this masterpiece along with watching House of Ninjas

GloriousGbola:

https://www.youtube.com/watch?v=vOOBBDbwJa4?si=p_FuDl1sfjsXzupq

Stumbled on this scene

abduleez1:
Wetin Disney dey cook??
Techy Lagos, Nigeria and no Jújú? 👀


https://www.youtube.com/watch?v=mB5efZKWIrU?si=iW62K4Rk-5DhlWnW

joseph1832:
Why did the end of that movie surprise you?

Saturnalia:
I have watched a lot of movies in my life, and only a few of them leave a lasting impression & satisfaction on me.

Two days ago, I watched a movie that I have been avoiding to download for over 3 years (even though it’s an old movie) simply because I thought it would amount to a waste of my precious data but I was wrong.

Till now, the movie is still playing in my head.

THIS MOVIE SWEET DIE!

Why don’t Hollywood make beautiful movies like this anymore?

In the last one week, I downloaded over 25 movies and only 3 of them were worthy to be added into my archive. I deleted the rest.

Gentlemen & Ladies, tonight, I recommend this beautiful movie for your viewing pleasure.

PERFUME: THE STORY OF A MURDERER - 2006. I rate this movie 9/10.

This movie sweet die!

123yes:
Placing them on watch or arresting and bringing them to Justice. Which kind talk be this. This matter really surprised me. How can these kind of money be withdrawn without verification. This is to show us the kind of wicked leaders we have running down our life everyday.

SOZINN:
First official teaser for Deadpool 3, titled Deadpool and Wolverine:



https://www.youtube.com/watch?v=xW-zNOT4P1A?si=Dp63dCgI_CUdBAYD

Kaycee7:
"Captain!
RELEASE THE HYPE ENGINE!!"

blingxx:
Aegon's conquest is coming

Afe11:
I understand the risk of losses perfectly. This is like buying a land. It may fly after 1 year, 10 years or even 20years but I choose to buy digital land. Why una always like to reduce a growing mind[b]? Omo even if I loose every dollar, I'll be bold enough to tell my children I tried during the crypto burst. [/b]Unlike our parents that were clapping for their mates during the early Microsoft days .

abduleez1:
We fvvking WON!!!

Finally!!!

SIXFEETUNDER:
What I prefer in movies is when they're underground produced or of the classical horror sorry - not gore but especially snuff although I've not seen snuff movies

Coldspice:
See the blockhead that I've been arguing politics with for years.

Chai, I Bleep up.

Babathanks:
Is a lie o😂. Nigeria cannot survive without BDC o😂. It is me and u that would affect, it will never affect politicians and big business man. Ministry of foreign affairs cannot solve any shit cos in embassy for instance would only collect dollar cash from you. [b]Do you knpw how many times I have tried to get dollar from bank?. I lost count already, it is BDC that always come to my rescue [/b]anytime I need it. Bank only gave the dollars to strong person in Nigeria and not average person. This rule is good but corruption would kill it

pocom16:
Exactly...cuz I can't earn in USD and you give me naira...then when I want to carry out an international payment with USD ..The bank start speaking grammar

Elliotwaveforec:
Dey play! You think the government doesn't have power over cryptos? All the crypto exchanges will soon be banned and you won't be able to access them online.

All the Abokis offline will soon be sent to jail for holding dollars in a country that has her own currency.

We're moving! We can't have two currencies in one country.

Naira is our currency and must be spent by all.

004gist:
The same politicians will go to the banks and buy the dollars.

How many Nigerians can get access to dollar from the bank. They will frustrate the person with only option to aboki.
If the government can service everyone that comes to the bank then no need to buy from aboki

kowalsky:
It's very simple the Nation is bleeding cos of the persons in power. It has absolutely nothing to do with dormiciliary accounts or loopholes around FX remittances. The current FX and preceeding FX capitulations are a symptom of the problem, not the cause of the problem.

Mass exposure to domiciliary accounts occured when restrictions were placed on Naira cards for international payments. Before then dorm accounts were not as popularised or even as useful, even when the Naira was historically bleeding value.

If the Government dares to be transparent about its fiscal policies, it would befuddle Nigerians how much Naira was printed between this time and the eve of the last elections.

What I'm saying is there's practically no way the Naira would shed value this crazily just on account of you and others saving your monies in USD. There is too much Naira in circulation, printed at will by crass nepotists at the helm of affairs and that's just one of the organic problem.

I'm sorry for being brash and uncultured with my earlier response. In most cases you're interacting with paid political trolls on Nairaland, been tuned to tune my response to something that resonates with them.

Now let's assume we want to fix this problem, again your approach is basically treating the symptoms instead of focusing on the organic disease.
The reason there's a thriving black market for FX, ergo spiralling rates for USD, is because the current official FX market is illiquid. If you tighten your grasp on the black market, you'll only create increased demand cos the assets floating on the black market will be limited. With the assets available on the official market also scarce the end game is even more disproportionate loss in value for the Naira compared to the Dollar.

With these policies, the result will be even lower USD supply to Nigeria, again, this has been shown to be the historical natural history. because guess what you can't force people to convert their USD into a currency that's currently in a nose dive.
People (at least the significant majority) will find ways to circumvent these policies to either secure their USD or get Max value for it at the expense of the Naira.
People will still convert thier Naira assets into USD type assets - many avenues for this including crypto.


I'll go on a limb to say anything sort of burning this country to the ground and starting afresh so we don't have leaders whose sole interest is lining their pockets and who actually care about people; and a populace that's not so lukewarm and uneducated about how fvcked they are will still fall under the coffers of treating symptoms of a malignant disease.

To save the Naira. Nigeria needs a better fiscal policy. Fiscally responsible and intelligent leaders. An educated populace. A total overhaul of the economic system so the country can actually register a trade surplus for the first time in its modern life.