₦airaland Forum

feelamong:
MPC key decisions

MPR up to 14% from 12%


CRR retain at 25%

With this Hike we should expect, bond yields to push towards 20% . Same for TBills Discount rate!

Clearly this is a bait for FPI? And we Local Tbills Investor....

I just pity those with bank loans now...

Whoa whoa whoa....14%. Banks can now attract liquidity with an Improved fixed deposit rate. So with a possible improved rate, foreign Investors will be left with choosing either Bank deposits or T.bills,

elpochas:
have watched DAT guy play bfor.he played for AFC Wimbledon.he even scored a goal against Liverpool in and fa cup match in 2014.DAT guy is a beast.the strongest footballer on earth. so had to defend against. he is so good on air.

Correct guy. You don show say you dey watch ball well. He also played same 2014, against chelsea . I watched the gaame, the guy was a menace to chelsea's defence. I remember I stored his photo then to ask my football frnds if they knew the guy after the game. He was labelled the strongest footballer by Fifa 14 because of his ability to benchpress 180kg!!!

9ja celebs & fake life. Its not like they don't make money tho but they live a life way too expensive to maintain
#they end up keeping up with the joneses. Well maybe that's why its called showbiz. They are in the bizness of showing off. Last month it was Banky W caught showing off a Fake yeezy, now its Patoranking who next

unite4real:
Domestic borrowing is still a function of Tbills maturities. Tbills mature every 2 weeks. In that manner, govt float auctions every 2 weeks and the money is used to settle the maturities. This is one reason this auctioning and payments go on in cycle.

Yea I agree with you. I'm just trying to correlate the news with the next direction of the rates. It seems to me to either be stagnant or bound to go southwards judging by her utterances.

medpren:
We are not threading softly we are just dumbfounded and still trying to rationalize how this can be happening in the Holy order of the Catholic church, you will also agree that this is very much 'Uncatholic' unlike what we have outside Catholism. That was why I even shouted 'Odiegwu'.

I think it is time for Fr Mbaka to be laicized. Cardinal Arinze and Onaiyekan should be able to restore some sanity here. They are closer to the holy see.

Yes I agree its unlike the catholic sect to engage in such pratice because we don't know them for such. But now that one of their very own has be found wanting, it now sends a signal to those catholic followers who are fond of criticising & Insulting other pentecostal preachers to desist from such criticisim ever again . Simply because, they don't know when their own religious leaders will be caught too in the web. #thats my point #Tit for tat

glossy6:
Go ahead and make your vicious statement, nobody will die or jump into the lagoon.

I will not make the comments you want to hear. I just get pissed when people are quick to criticize other preachers simply because they don't attend it. Let peeps don't start what they can't finish. Now the stench of hypocrisy is oozing all over

Just look at the comments, everyone is threading softly on the matter because its Fr Mbaka. Had it been it was Pastor chris oyakhilome or Oyedepo that was behind such scheme, You'll see vicious sentences left right & centre here...there will be comments on how he uses it to enrich himself & acquire private jets & so on & so forth but now the tide has changed, now its Fr mbaka @ the epicentre, una don mellow. Kwantinu oo with your double standard!

Minister of finance, kemi-adeosun says the federal government plans to borrow funds from International Investors starting from the Third Quarter & with the new directives for bank to sell forex directly to BDCS. It seems further t.bills rate will ease down a little or remain stagnant coz domestic borrowing seems to be reaching its limit.
Seems its about time FG will entice the foreign Investors & attract that external Funds....just saying tho
www.businessnews.com.ng/2016/07/23/fg-to-start-international-borrowing-in-q3-adeosun/

Even pastor cris oyakilome in oneof the topics of his rhapsody of realities, agrees that Growth is not a miracle! He says you can be an Unbeliever & still experience growth....He says although there could be a miracle in growth but GROWTH IN ITSELF ISN'T A MIRACLE.....The bible made it clear gan in mathew (verse below)
That he sends sun & rain on both the Just & the Unjust. What you do with the sun & rain is upto you...its clear that even NL christians don't study their bible, just arguing blindly.....GROWTH ISN'T A MIRACLE, GET TO WORK!!!

sarrki:
Over 20 billion dollars unremitted to federation account. Nigeria economy will crumble if nothing is done ...........HRH Emir Sanusi Lamido Sanusi .
Bingos: He is an alarmist.
Whoever wins 2015 will never find it easy. Over 30 trillion is mismanaged, unaccounted for or missing under Jonathan. ...... Prof Charles Soludo.
Bingo's : He is desperate .
Our reserve is depleted and our savings squandered. Our nation is in trouble. ... Dr Oby Ezekwesili.
Bingo's : She is an alarmist looking for appointment.
For seven months, NNPC did not remit any money into federation account. When I called as a sitting governor and major oil producing state, Deziani Alison Madueke refused to take my call....... Senator Godswill Akpabio.
Bingo's : He is trying to please Buhari.
I wanted to save but Jonathan have no political will. That is why we are in crisis because we squandered our boom. .... Okonjo Iweala. ...
Bingo's : She doesn't want to be arrested
Dear Noisy Bingo's,
Whatever is the state of economy today was prophesied by our own Nigerians long time ago.
The only problem is that your memory capacity is less than 1 milibyte.
Prof. Soludo wrote to Nigerians what they will suffer irrespective of the party that will win.
Why then are you celebrating IMF recession?
You ignored Emir Sanusi warning
You ignored Oby Ezekwesili warning
You ignored Prof Soludo warning
You ignored Akpabio confession
You ignored Okonjo Iweala testimony.
You are now celebrating naira free fall
Your thinking is damn scary

First of all, I make this comment not because I'm anti Gej nor pro GMB.....Yes we were warned, we knew how empty the reserves were but the question is; what did the winner of the election promise (PMB) ?
If we the masses knew the current financial state of our country how much more PMB, a presdential nominee at the time? I maintain that president buhari knew what he was getting into. There was already projections that the price of Oil would plummet further, there were already projections of how our revenues would be drastically shortened. Yet apc went ahead to promise good tidings, promising heaven on earth. As citizens, we ought to hold our leaders accountable to their word. Yes the countrys financial purse may have looked bad before PMB arrived but then he PMB knew what he was getting into. No time for excuses, Kapish!!!

Moses247:
Belike Fbn Mutual Fund Don De Increase oo. 8.02percent today.
www.fbnquest.com/asset-management/fund-prices

Yes o, the rate don increase but have you all noticed something wierd with FBN money market? The fund size is rreducing drastically. As of;
Jan - 92.8bn
Feb - 94.27bn
March - 93.9bn
April - 89.72bn
May - 86.08bn
June - 71.88bn
#between march and april, there was a reduction of 4bn. The most shocking was between may & june. The Funds reduced with a whooping 14.2bn naira. I don't want to agree that people are pulling away their money because of the tight economy. I believe these funds are taken out to help First bank come out of their terrible financial situation........what do yall say? Coz my eyes are on that fund size for now

Footballll game cd sef. Pesin never rock fifa 16 finish, before u know it fifa 17 don show. Same thing with Phones, if you don't keep up, u get left behind in the technology world
With this high dollar naira rate, I suspect a fifa 17 cd could cost over 20,000naira

plendil:
used to be guilty of the above. Could u believe i even stored it as 'diamond bank passwd'

Thankfully I've since rectified it as recognizing how dangerous it is.

Moreover I believe most banks have discontinued the SMS-based or software (app-based) OTP. You must use the hardware.

Furthermore some conscientious banks (eg GTB) require a two step verification for transfers; all beneficiaries must first be registered using a secret word AND the hardware token before any transfer can be effected. So even if in the unlikely even both token and the app passward are compromised, transfers can only be made to the previously registered beneficiaries. new ones cannot be added without the secret word.

Yea its a good thing u'v quit making that mistake. Regarding the two verification security feature. I believe its not applicable to all banks because the last time I performed an Online transaction using zenith atm card. I used just my pin, cvv2 & a token sent to me via sms. So I think it differs. I don't know how the app based operates but I'm certain the 2 verification features doesn't apply to all banks.

LydayBobo:
even if your phone is not password-protected the apps requires pin and also require OTP (one time password) to be able to gain access to the view your account. OTP is sent to your registered number with the bank.

There is a high tendency that the phone which the person operates the app for mobile trasaction is the same phone with the number registered with the bank.
Pin? Lool......some people store their online pins carelessly in the message drafts or in a saved note somewhere in the phone.

My most important advice;
Don't keep the bulk of your money in the account you do online transactions or in an account where you own an atm card. Always have two bank accounts, reserve 1 for bulk cash while you keep the other account for atm purpose or online stuffs
Naija banks are not friendly when your money gets stolen oooo. #To be forewarned is to be.......#9ja boiz are not smiling

Wicked Bread + Hot akara + Milky pap. On saturday forr school ehh, After we munch the food na sleeping tinz next ooo

Simple, we turn to our cashflow assets & use the proceeds to take care of our expenses & liabilities & also acquire other little asset that can give steady cashflow like acquiring a shop to rent. plus cut down on excesses & irrelevant shii like driving to a barbers store that's a trekkable distance or using the generator excessively
That's the way we keep afloat.

This is old news. Early this year iwas advising phone sellers not to buy lots of BB10 phones because demand will fall & I adviced users to sell off their phone before the info gets viral & then make selling it difficult.
FYI its not just whatsapp oooo, the facebook app feature will stop its support on Blackberry. So BB10 are left in the dark. Zuckerberg owns FB & whatsapp, so he calls the shot.
If your device falls under this list, go to OLX & SELL IT!!!

Norman4real:
multitasking is handled by RAM. A 2.5ghz processor is no good if u have 512mbs of RAM. The processor helps handle heavy apps like games so they can run efficiently without crashing or dropping frame rates. But to run multiple apps at a time(multitask) the important thing is ram.

They work together bro. A Ram is just like having a warehouse, the bigger the ram the bigger the space a warehouse can accomodate. A processor is like a labourer. The more the cores, the more the labourers. The faster the processor, the faster a labourer can work.
If a warehouse is very BIG with only 1 strong labourer, will the work be done fast?
Ofcourse not, because division of labour is lacking? So what happens, work will slow I.e ur device will hang
Also if you have 1 small warehouse but there are too many data to be stored in the warehouse but no space to keep all of them, what happens? So much work for the labourers to do, meaning work will be a bit slow for the labourers
They work hand in hand bro. Ram stores the data, while processor works on the stored data. But the real worker is the processor, that's why a processor is referred to as the "brain" of the computer. Every function of the organs of the body is useless if your brain is weak! Won't u rather have a strong working brain with weak body organs, than a weak brain with strong body parts?

This is another form of horoscope. Instead of having scorpio, aries or Capricorn. Its disguised into soul age "mature soul, young soul bla bla. its all good

nobsalis:
sup bro.... Pls wats d difference between Quadcore and Octa I don't knw dats y am asking. So pls kindly enlighten me

From my own knowledge.
Quadcore means a processor has 4cores while
Octa core means it has 8cores.
Cores are necessary for mult-tasking. The more the cores, the better your phone can multi-task.
So when you hear a processor is 2.5ghz, octa core. It means the processor has a speed to run at 2.5ghz and each of its 8 cores (the octa cores) can handle one task each at the same speed........but remember if they are all working at the same time, so it could take some chunk of your battery. Which is why we need good batteries (4000mah) to handle apps that will require heavy multitasking on our mobile device. Guess u understand now

All the specs were looking quite gooduntil I saw battery capacity: 2500mah!
That's a big minus to me in our today nigeria where we have epileptic power supply

rheether:
Same old story.

Exactly same ol same ol. Even the so called enterpreneur lecturers can't boast of tangible assets after years of their lecture. #experience is the best teacher

mosjames:
Does she have a Husband? NO.. so who'll appreciate all these

See your shallow mentality. If you are a guy, I'll be much disappointed in you because its usually women that spite single women.

All I see is fake titties.

First light rail system in ethopia cost $475m
Burj khalifa cost $1.5bn to be built
A new skyscraper to be built in dubai that will dethrone burj khalifa as the tallest building is said to cost $1billion
***************************************
If these project were to be built here in naija. Those prices would have been Inflated to about 3times! Maybe $5bn
or even more.......

Wetin una expect. Majority of the products sold on the island or to residents of that area have their prices over-inflated.
The price a woman will buy 1 yard of a particular lace at idumota or yaba mkt for #3000naira per yard. Someone at Lekki phase1 will sell the same material for #10,000naira per yard. But some mugus will think one is more inferior coz of price. If you dey into business, u go sabi detect which stuff be truly Orijo & wich wan be packaging. Those slippers are not even worth 15,000. Na because she dey target the upper cLass guys @ lekki na why she inflate the price

saintdennis:
That's how that accident occurred @ after the traffic light @ 1004 b/s

People will just match brake full force bringing the car to a sudden stop without thinking.

Same way an idiot suddenly swerve from the fast lane to slow lane after ajah round-about all because a passenger wasn't responding to his demand to pay his t.p

Many drivers in naija didn't go to driving school #fact

I tell you bro. In lagos,these danfo drivers can come to a complete stop at anytime on the road. If you are a learner in driving & you follow thse guys "bumper-bumper". Oneday you must bash them, its so sure!!! Not forgetting those that change lanes anyhow like they just started playing with the steering, confusing the other drivers behind them.
In lagos, majority drive in a psycho manner especially in the evening when everyone is rushing back home

I don't know if I'm right but this is where amuwo local govt chairman have to intervene immediately. Imagine a woman be in such state, with so much pain. Its horrible. If Only we had been operating on the fiscal federalism. I'm certain that part of lagos would have had considerable amount of development. #too bad

1wolex85:
I know that building, on the right when coming from festac

Yes that building. Its been written TOLET for over a year now!