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Balogunodua's Posts

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Education / Re: Mention One Lecturer You Can Never Forget by Balogunodua(m): 1:11pm On Jun 17, 2023
Prof Agili BUK...that man na olodo plus, with professorship grin grin

1 Like

Romance / Re: How Birds Defeated Australian Army With Tanks And Amunitions At War(pics) by Balogunodua(m): 1:09pm On Jun 17, 2023
grin grin
Politics / Re: Over 500k Yorubas in Anambra state says Oba of Yoruba community in Anambra (pics by Balogunodua(m): 1:00pm On Jun 17, 2023
kcnwaigbo:
500,000 Yorubas live in Anambra state unmolested yet Osun and Ekiti state indigenes will never stop blabbing about hosting igbos.

500,000 cheesy that an exaggeration grin

1 Like

Education / Re: Lasu Law Student, Aminat Yusuf Graduates With 5.0, Breaking 40 Year Old Record by Balogunodua(m): 12:58pm On Jun 17, 2023
REDshouse:
Imagine 500k for all d wahala for 4yrs plus and some people will f.cuk in big brother's house for just 2 To 3 months and they will give them 50m plus plenty plenty endorsement ....

Criosly immoralities pays more than wasted years to earn 500k

You need help...🙄
Business / Re: Chief M.A. Obagun Is Dead. Founder Of Onward Paper Mill Dies At The Age Of 91 by Balogunodua(m): 12:52am On Jun 17, 2023
Melezenawii:
Chief M.A. Obagun, the founder of Onward Paper Mill, has d*ed at the age of 91.

May his soul rest in peace .

He founded Onward Stationery in 1953. He started buying and selling paper just after leaving school.

First, he bought locally, then grew to begin getting wholesale imports.

In 1973, he launched Onward Paper Mill, makers of the legendary exercise books Onward Notebook.

He is a native of Epe, Lagos State

https://twitter.com/Yorubaness/status/1669325006080278529

RIP Legend....



Onward notebook...our first choice.
European Football (EPL, UEFA, La Liga) / Re: EPL Chatroom - All Discussions by Balogunodua(m): 12:48am On Jun 17, 2023
OasisX:
grin


"He claimed in his witness statement that based on his collation and mathematical tabulation, there were cases of massive over voting in the two states.

Under cross examination by INEC’s lead counsel Abubakar Mahmoud, the witness was presented with a copy of the presidential election result sheet from polling unit 002, in Degema, Rivers state showing that 40 persons were accredited and 40 persons voted in the polling unit, with the INEC lawyer suggesting that the equal number of accredited voters and those who voted contradicts the claim of over voting.

Under further questioning on why he chose Rivers and Benue states as his main areas of interest, the witness said it was just random. The Professor was then asked whether an analysis of election results from just two states is enough to make conclusions on a presidential election, and he said he was limited by time."

It was just random grin


Limited by time grin









Walahi this comedy season na die. grin grin grin

4 Likes

Politics / Re: The Proceedings At The Ttibunal Is Certainly Not Going Well For Tinubu by Balogunodua(m): 11:16pm On Jun 16, 2023
Yes the Ttibunal located at Anambla in Akwuzu Biaflat republic. cheesy




While we at the Nigeria Tribunal are watching the comedy show Obidot is playing for us. grin grin

2 Likes

Politics / Re: Dangote, Bill Gates To Meet Tinubu On Monday by Balogunodua(m): 11:08pm On Jun 16, 2023
MXrep:

The hailers are already hailing

And the wailers are already wailing grin

7 Likes

Education / Re: WITS : See Johannesburg Streets Around Africa's 2nd Best University (pics) by Balogunodua(m): 11:06pm On Jun 16, 2023
Let me not add to this vawulence grin

4 Likes

Business / Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Balogunodua(m): 5:20pm On Jun 16, 2023
Afriifa:
Is simple, although he may not get the exact arithmetic but his submissions are not far from what is visible in public. A rise in dollar to naira automatically communicates a fall in the value of the Naira and by extension a fall in what you have in your bank account. This is because Nigeria is an import dependent state. Meaning, in such an event, you may need to trade more naira for a dollar in other to be able to acquire the same items that you had previously acquired in the previous state. Take for a an example, you wanted to purchase a foreign item on Aliexpress at the fee of say $56, you add the iterm to ur cart when a dollar to naira equaled 500 naira. Thus, $56 equals to 56×500= 28,000 naira. Meaning ur planned budget was 28,000 naira for the item. With the recent development it means the Naira as depreciated against the dollar that's why people like Dangotte as lost more wealth.. This means dat dollar rate must ve risen to 600-700 naira. In this event, the item you had in mind will be sold for 36,600-39,200.. So if you had 200k in ur bank account prior to this incident, using the hypothetical rate calculated above, ur the value of ur 200k now should be around 142k in the foreign market.. N there is no way this will not reflect in the local market in the long run, because we virtually import a lot if not finished goods, raw materials.


I understand what you are saying...but the official dollar rate as of now will have minimum effect on the people. It in report that 75% of Nigeria importers source their forex from black market which is very high even more than the official rate of now. So this policy will definitely not have much negative effect after all.


For the bold...majority of Nigerians do not make purchase online infact I'll say 70% of Nigerians don't do it..And for those who do, they don't get it at cheap rate like the official at rate then. So no need to worry about the money in your account, our PPP as of now is still stable.
Politics / Re: Appoint Igbos Into Key Positions – Ohanaeze Chieftain Tells Tinubu by Balogunodua(m): 1:55pm On Jun 16, 2023
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Business / Re: Naira To Appreciate, Settle At N600/$1 In Coming Months, Says JP Morgan by Balogunodua(m): 1:49pm On Jun 16, 2023
Nice one....no more defending the naira, let the market do it thing.




Cc Starz825

10 Likes 2 Shares

Religion / Re: Video Of Happie Boys Apologizing To OPM Pastor While Rejecting His Latest Offer. by Balogunodua(m): 1:46pm On Jun 16, 2023
EcoBrick:



https://www.youtube.com/watch?v=fhMe_tNcp9k

This guyz think Cyprus is heaven.....cheesy E go soon red f4 dem grin grin

4 Likes

Business / Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Balogunodua(m): 1:05pm On Jun 16, 2023
Starz825:


Now your are wrong...

you are looking at the book value of your money...

those guys you are criticizing are talking about the time value of your money.....

for example...if I lend you 1m in 2010 for 13 years without interest...and then in 2023....
you pay back my 1m ...you can never compare the present time value of 1m to that of 2010...


I could build a 3 bedroom flat with 1m in 2010'..but I can't achieve same feat in 2023 with 1m because things are now expensive...

that's why during inflation, the debtors gain more...while during deflation, the creditors gain more

The naira have been losing value since time....the fix exchange rate have limited effective on the life of average citizens.

Large chunk of our imports are price using the black market rate which is higher than the CBN rate... despite the so called defending nonsense by the apex bank. The value will adjust itself according to the market... time to know the real state of our economy.





Starz825:


however, if the dollar rate goes high against your local currency (naira)....it reduces the value of your local currency thereby increasing the cost of production when you go to the market with your naira .......cos manufacturers import most of their raw materials via dollar payment

only people who have money in dollar will gain from the dollar exploit

Do you know that majority of importers in Nigeria purchase dollar from the black market? Which could go as high as 790 to 800.

The fix rate as of today is 600+... which is ok.

1 Like

Politics / Re: Sowore - President Tinubu Stole My Idea On How To Strengthen The Local Currency by Balogunodua(m): 12:12pm On Jun 16, 2023
LegendHero:


Source: https://twitter.com/yelesowore/status/1669614018242174977?s=46&t=oGAxjhiGeufNKlYA6fDTyA

Nooooooooo

It my idea that Tinubu stole...... I'm going to court for this..grin






Clowns grin grin

1 Like

Food / Re: We Are Aware Of Chef Dammy’s Cooking Marathon, Willing To Review Evidence - GWR by Balogunodua(m): 12:10pm On Jun 16, 2023
If she meet the requirements...then well deserved.





And congrats in advance.

61 Likes 8 Shares

Business / Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Balogunodua(m): 11:50am On Jun 16, 2023
Afriifa:
He is not wrong. I am speaking as an Economist.


Ok... grin
What is right about the nonsense he wrote?

How does dollar rate affects my bank account in Nigeria?

How does my 500,000 reduce to 300,000 in my first bank account cuz of dollar rate?
Business / Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Balogunodua(m): 7:09am On Jun 16, 2023
jmoore:


Micheal Dell, Mark Zuckerberg, Bill Gates, Richard Branson were dropouts.


They don't rush to comment or blab about what they know nothing about.

jmoore:


Upload your certificate, so we can know the university you cheated to pass.

Post my cert to prove what exactly? grin


jmoore:


Dropout is not synonymous with lack of intelligence. You need to start all over from primary school.

Lack of intelligence is when you don't know when to shut up about things you know nothing about.

51 Likes 5 Shares

Politics / Re: Tinubu Floating The Naira Is A Good Call by Balogunodua(m): 7:03am On Jun 16, 2023
Obi-dundi followers are always bitter...like why?





Fools who failed economics in school coming to tell us how this policy is bad cheesy
Business / Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Balogunodua(m): 11:23pm On Jun 15, 2023
jmoore:
Some people don't get the picture. It means naira is losing value.

That 500,000 naira in your account on May 29th this year is now worth around 300,000 naira and would reduce further.

If you think your own value has not reduced too, then you have been deceived.



The bold shows you are a school dropout grin

148 Likes 13 Shares

Music/Radio / Re: Best African Music Performance: Grammys Add Three New Categories by Balogunodua(m): 7:28pm On Jun 13, 2023
niyisky:
Afrobeat... kudos to both old and new cats 🐈 😻

Davido got me laughing with the new cat tag grin
Travel / Re: American Tourist Exposes Embarrassing Condition Of Nigeria by Balogunodua(m): 7:26pm On Jun 13, 2023
Alfo65:
The guy went around predominantly the western part of Nigeria and parts of the North.
He went to the biggest cities there, the ones that were no doubt constantly hyped to him prior to visiting as some of the most 'developed' areas in Nigeria.

Only to actually arrive there and see not even cities but 'slums that seemed to sprawl eternally in every direction'.

Dumb homo's like you always take a white man opinion important...
Travel / Re: American Tourist Exposes Embarrassing Condition Of Nigeria by Balogunodua(m): 7:23pm On Jun 13, 2023
Nigerfine3:

What nigeria call beauty in a city is not what oyibo calls beauty.
They want to see trees by the way sides and around houses, they want a walk way.
Trees are planted more in Eastern cities,than any others I visited before.
I live in Texas ( I'm not guessing).

Texas...you are a potential pyschopath.



Caliibaby rocks. grin
Travel / Re: American Tourist Exposes Embarrassing Condition Of Nigeria by Balogunodua(m): 7:21pm On Jun 13, 2023
Shiver99:

Source l url: https://biafraspot.com/threads/american-traveler-exposes-nigerias-embarrassing-condition.127/

American tourist spends 12 days travelling around Northern and Western Nigeria and reports the cold truth.

Opinion of an social media nonentity.
Politics / Re: Senator Orji Uzor Kalu Withdraws by Balogunodua(m): 9:27pm On Jun 12, 2023
Akpabio is coming....

3 Likes

Politics / Re: APC & Tinubu Mind Game: Opposition Need To Be Alert by Balogunodua(m): 9:25pm On Jun 12, 2023
Op is high on horseshit.....

2 Likes 1 Share

Foreign Affairs / Re: American Politics Thread - 2024 Elections — Biden’s Presidency! by Balogunodua(m): 9:21pm On Jun 12, 2023
EnlightenedUFO:


Even his former ag Bill Barr, one of the worst and partisan Ag ever says criminal trump will likely die in jail. I've read the indictments and boy oh boy, there's just no way criminal trump will get out of 31 counts!

I thought it 34 counts.....anyways let see what happens.
Politics / Re: 30 Years Ago, A Yoruba Man Ruled Nigeria For Just 3 Months by Balogunodua(m): 8:42pm On Jun 12, 2023
KingOfIsoko1:
Ehnnnn Democracy day is today ooo,


About 30yrs ago between Aug-November, 1993 Ernest Shonekan was Nigeria’s leader for 3 months.


30 years on, another Yoruba man is on the saddle arising from a dubious election while an Igbo man is in court challenging the process and the outcome.

Will history repeat itself?

57 years ago a fl*th*ead pig from sadeast used just 6 months in office before getting the 6feet gift underground.


What says ya? undecided

2 Likes

Politics / Re: Details Of The Student Loan Bill Signed By President Tinubu by Balogunodua(m): 8:34pm On Jun 12, 2023
God!!!

Iyt a waste of time educating naysayers on this thread.
Politics / Re: Details Of The Student Loan Bill Signed By President Tinubu by Balogunodua(m): 8:30pm On Jun 12, 2023
I see wailers on this thread.
Politics / Re: Who Would President Tinubu Be Replaced With? by Balogunodua(m): 7:56pm On Jun 12, 2023
helinues:
The patterns which the oppositions in Nigeria displayed all through 8 years of Buhari, they have started same this time.

Former president Buhari was accused of planning to Islamitize Nigeria, we have been reading same about president Tinubu planning to Yorubanize Nigeria.

If Buhari can be replaced with one Jubril from Sudan, then same fate awaits his Excellency Bola Tinubu.

The question is, who would president Tinubu be replaced with?

Miguna from Kenya
Kofi from Ghana
Or Saotope from Benin Republic?

No need of wasting any money to watch Cinema, the Nigeria oppositions would entertain us for free. grin cheesy



I predict Abu Sadiq Alhawi from Somali cheesy grin

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