₦airaland Forum

The category b thing is now even an issue. I know it will be lifted latest first quarter next year. Let the commercial flights start first. Anambra-Kano route is a masterstroke. Anambra to Ibadan too atleast 2 flights a week.
Many federal govt agencies have recently moved to Awka so there is increased population of non indigenous civil servants from across the country. The federal secretariat will start soon. Only the Anambra to PH route that don’t make sense except it is for private jets.
I want Air Peace to have a huge advantage in the airport over others. United Airlines was busy playing politics and never acknowledged the project while Airpeace was doing everything to make it successful now he’s coming to reap.

Labadi69:
Emefiele should have kept TB rates high for you na. So that you go fit build upstairs for your village on top T bills. May yamayama fall on that your bald head for this nonesense wey you type so

So now I can’t build upstairs in my village because Emefiele kept t bills low. Clown

skydiver01:
Kindly find below results of todays NTB auction.

Look at how Emefiele destroyed tb yet everyday they are securing external loans. Smh

benedictuyi:
Better interface and user experience.
More stocks.

Only disadvantage of Trading 212 I can think of is that as a Nigerian, you're limited to how much you can deposit in your account at a time

Thanks. Appreciate. How about funding

benedictuyi:
Passfolio is commission free, has more stocks compared to the local brokers, and has the best spread

Thanks. Any difference between it and trading212

Please is there a way to get around Trading212 blocking of Nigeria, or is there a good similar app with very low fees. I need urgent response please

Akin3891:
It's been three weeks now I sent my documents via the apps and email ( up to five emails) to united capital,no response nor acknowledgment. I wonder what will become of me if I need help redeeming my funds. Phone numbers not connecting,but managed to get ahold of them this Friday through WhatsApp, hope to get things sorted out soon but my trust with them kinda shaky

They are always available on WhatsApp

OgogoroFreak:
This is just the truth.

I have noticed whenever a ponzi scheme fail as expected, most people on this group find a way to rope and drag fintechs along and I don't understand why.

Any investment house doing over 10% returns when tbills, mutual funds are quite low is already a red flag. If piggyvest do not adjust their rates sooner than later it will end in tears. You can keep ranting because they have your money

jedisco:
In investing, sometimes it's good to take away emotional opinions and look at facts for what they are...

CBN has banned everything they could ban yet the official rate is around 410 and the market rate 550. Likely, they'd be forced to act soon enough... If they go ahead and devalue the official rate without touching something else, the market rate will tick up higher making more people to lose faith in the currency and head for dom accounts. That will in essence be rewarding those with forex accounts.
There is a reason why most countries who ran into forex issues they couldn't control ended up targeting dom accounts. We know the resulting consequence will be catastrophic but truth be said, they're running out of options...

I wouldn't be surprised if the leaked memo was real and the effect of one or two powerful people leaked it. This gap may be to allow those powerful people make alternate arrangements.

I have no dom account...but one has to be realistic. If you have one, then there's a non-negligible chance you'd wake up soon and hear your usd has been 'forcefully' converted to naira at a rate of 410 per usd...

Trust me, majority of Nigerians will praise such a move.... All CBN has to say is that dom accounts are used by corrupt folks and it was worsening the forex issue.

So after converting dorm accounts to naira will it end the FX crises? What will CBN convert next?
The reason for these speculations is because it happened In Argentina and Lebanon but people forget it even worsened the financial crises in those countries. So CBN doing that will simply mean they want to further destroy the naira and not to help it, besides I don’t think the NASS will allow it.
I think it will be easier for the CBN governor to resign than for him to make that move. Anything is possible though, let’s watch as it plays out

Besides I wonder why people would think CBN will seize FOREX in dorm accounts in a country like Nigeria. Yes someone like Buhari can muster the will to do it being reckless but it would not save the Naira.
A policy like that can shoot up the exchange rate to over 1000 overnight. I want to be wrong but I don’t see that ever happening.
CBN will even end dollar subsidy before thinking about that line.

jedisco:
While I agree that citizens do have a part to play, my issue with your submission is that it was same story that was sold to us in the early days of this forex crises. Hence, while citizens were blaming those eating rice for our forex issues, government officials ate fat on access cheap forex.

Talking about force... It's interesting that with our history, we believe that force develops any economy. If it did, Nigeria and other African nations would be the most developed...
Economies develop on the basis of sound macroeconomic policies. All force can do is get people in line and hasten a process. If you apply force to the wrong policies, you have a Zimbabwe..
Let me ask, throughout the military regime when max force was used, what economic benefit did it achieve?
Even in this regime, we've forcefully locked our borders because of rice... Again it did not achieve anything

There is no nation in the 20th century who have been developed by virtue of force. The last nations who developed that way were the colonial nations who plundered resources of other nations.

Look at UAE, China, Malaysia and even India of late- their development is all on the basis of sound policy.

Like I've said multiple times, I cannot imagine any of those nations giving cheaper forex to their citizens going for holidays on other nations or for pilgrimage...

We have had a forex crises for years... And while we blame those eating rice and wearing okrika clothes, have we ever asked how much cheap forex the CBN spends yearly on those going for medical treatment abroad... How much do they spend on those going for pilgrimage.... How much do they give to those traveling abroad for whatever reason.... If we have those figures, let us compare it to forwx used on rice then we see wher the problem lies.... How would the forex crises end when the privileged few feed fat at the expense of the poor majority..

Very well said.

Coc.k and bull nonsense. Op get a life , I know you won’t be willing to place a bet on any of your nonsense theories

Why are people panicking and spreading fake news about CBN converting dorm account to naira. I have always maintained this will never happen. Well cbn has just denied it. I know for sure the elites who store their wealth in naira including the leaders will never allow it to happen

Donbrig:
We all know that things are not going smoothly in Nigeria, lots of challenges in every sector. But Nigeria has a way of disappointing those that have always predicted doom on her.

Nigeria's economy just recorded five percent growth in the second quarter of 2021, I am baffled nobody even shared the news here. Lets assume the news was a negative one, or Nigeria slumped into another recession, many would have shared it here without hesitation.

"Those who wants to reap the benefit of this great nation must bear the fatigue of supporting it"

Please take your fake patriotism out of here. We should celebrate 5% growth? Only the politicians should bear the fatigue of supporting a great nation not the average citizen trying to make ends meet

Finnish:
Give me your telegram username, I'll message you.

Not on telegram. Send email chigoempire gmail. com

Finnish:
How many post and comments karma? And I might be interested in buying all.

618 karma, 243 karma, 21 karma. 3 years

einsteine:
According to the CIA World Factbook

Total population of Nigeria: 219,463,862 (July 2021 est.)

14.862 million Lagos, 4.103 million Kano, 3.649 million Ibadan, 3.464 million ABUJA (capital), 3.171 million Port Harcourt, 1.782 million Benin City (2021)

The CIA uses satellite imagery and other methods to make fairly accurate estimates of population.

But I guess you know better than the CIA.

If Lagos has a population of 14m then I don’t think Nigeria population is up to 200m. We have 36 states and FCT averaging 4m

freeman67:
Yes that is United Capital website. You can mail through the customer care e-mail address on that website of your intentions of opening account with them or you can download their Mobile App (Investnow), register and open account through there. The former is easier sha.

Thanks

emmanuelewumi:
When you can get money market fund at 9.5%, plus the flexibility of the investment

Is this united capital website https://investnow.ng do they have offices or how do you open account with them

iPhone 12 brand new FU needed 64 gig. Let’s deal

Idboyostic:
#DealAlert

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WhatsApp?

Emndy:
FBN Eurobond fund: 3.46% YTD
Stanbic IBTC Dollar fund: 2.63% YTD

Thanks

emmanuelewumi:
I use United Capital Asset Management and FSDH Asset Management.

I get better returns from United Capital fixed income.

I reinvest the dividends, I sell when I need funds.

Sold about N1.5 million of my United Capital fixed income fund yesterday morning and got paid today.

Unlike Money Market Fund where you will be paying within hours

Do you have idea of performance of FBN Eurobond fund or stanbic Eurobond fund? Rates

carringtoncenno:
Anyone with an aged reddit account at least 6months old?

I'm interested

I have many aged reddit

carringtoncenno:
Do you still have your reddit account? I want to buy with it without karma but aged.

Yes. Drop your contact

$10 pm still needed.

zachur:
Scammer


Scammer

Scammer

come and collect $10 PM useless scum bag

You don’t even have any $10 PM in the first place. Petty criminal.

zachur:
You are not even ashamed of yourself. Please don't quote me again. You are calling someone out for $10 and the person don't even need your deal you still go ahead to call out because you are a scum bag.

Lol stupid scammer. Get a life.

zachur:
na you go tell me how to live my life. As you way no stupid go soon die like fowl for coming here to spill your trash. Do i blame you. I blame the scum bags that started the false scam accusations. If you get sense simply work away. I no force you to deal. I even told you I'm not interested even if you are buying 500/$ and sending first. If you get mind post our chat so people will see where your stupidity is coming from.

Lol. You are a learner. Why will you still be interested when I’m not sending first and also won’t send to you without escrow. Go and do something with your life

zachur:
as i no gree send PM to you first na why i turn to scammer.


If i no scam you may you die like fowl for calling me scammer.


I no scam northmall $50 na your 4800 naira i go come scam.

If you have any sound scam accusations against me drop it.

You’re very stupid. I’ve bought pm from people here who I sent first but in your case I told you you have many scam accusations so I can’t send first, get an escrow or send first then you said you don’t have ID card, you can’t do escrow, you don’t have voters card, you don’t vote and other nonsense. Then after it didn’t work you said you are no longer interested.
You are a learner. You never start. Petty thieve!

zachur:
come WhatsApp, check profile signature

Avoid this scammer everyone. Anyway $10 pm still needed

chigo4u:
$10 perfect money needed

.