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Politics / Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by chyket(m): 6:18pm On Oct 23, 2015 |
ibedun:What we are doing currently is like a father who has millions of naira in the bank as savings but his children are out of school,hungry and sick.As at today ,Nigerian banks are owing about $4b to their foreign counterparts that they opened letters of credit to for their customers and these customers have their foreign exchange but they cant pass it through the banks.You reserve has nothing to do with my business if i can source my own foreign exchange without going through the CBN.What actually depletes your foreign reserve more is if you are creating artificia foreignl exchange rates without allowing the forces of demand and supply to get the actual rate,so you end of intervening in the market with your foreign reserve. |
Politics / Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by chyket(m): 4:35pm On Oct 23, 2015 |
What Sanusi said its the only way for Nigeria to move forward.The current exchange rate is artificial. During the regime of President Yaradua;the price of oil equally crashed and ex CBN Gov Soludo had to do the needful and devalued the naira from about 118/$ to about 185/$ .The dollars were available and business of the nation moved on. Currently,the CBN Gov Emefiele has almost pegged the naira to almost a fixed rate and the US dollars are not available to companies,businesses etc.Many businesses are comatose and people have even resorted to swallowing dollars to be able to cross it abroad to buy goods. 1 Like |
Celebrities / Re: Liar! Fans Slay Sina Rambo Over Instagram Lie (see Funny Comments) by chyket(m): 3:32pm On Oct 23, 2015 |
Like 10years ago in this context is figurative.I think he just want to highlight the fact that they have come a long way together. 3 Likes |
Autos / Re: Brand New Stabilizer Linkages for Toyota by chyket(m): 12:55pm On Oct 21, 2015 |
Do you have the plugs for landcruiser 2008 vxr?if you do please send the price to 08098372505. |
Politics / Re: Saraki At Tribunal With 81 Senators - TheCable by chyket(m): 12:24pm On Oct 21, 2015 |
franchizy:Please stop exposing your political cluelessness and naivety.How can 50 Senators come from South East when we have just over 100 Senators for the whole of Nigeria. 1 Like |
Investment / Re: This Is Bad News For Fixed Deposit Holder by chyket(m): 11:35pm On Oct 18, 2015 |
I dont believe this because the implementation of the T.S.A has taken away 1.3trillion naira from the commercial banks to the CBN and there is already a brewing liquidity crisis.The cash reserve ratio with the CBN has already been cut down to manage the crisis,so it will be very damaging then to also cut the fixed deposit rate at this point. |
Sports / Re: Revealed: Mikel Reject Captain Band After Musa Substitute by chyket(m): 10:33am On Oct 09, 2015 |
cr7lomo:There was nothing Mikel did here that disrespected Oliseh.He merely refused to lead the team and consequently rejected the captain band. |
Politics / Re: FG Approves $11m For Christian Pilgrims - Vanguard News by chyket(m): 7:52am On Oct 09, 2015 |
I think what this says is that federal government is giving a concessionary rate of # 160/$1 which means that the pilgrims will fund the purchase at that rate and not that government will fund the $11m 3 Likes 1 Share |
Sports / Re: Vincent Enyeama Finally Quits Unceremoniously. by chyket(m): 11:13am On Oct 08, 2015 |
Thats the way to go naturally and in my place its said that '' its only a tree that will hear that they want to kill it and remain at the same place". |
Politics / Re: Senate Won't Disclose #Thelist Until Plenary On Tuesday - Saraki by chyket(m): 11:15pm On Sep 30, 2015 |
I just wonder what all drama and dribbling is all about.I am beginning to think that President Buhari is enjoying all the suspense that this issue is generating. but is it not to the detriment of our collective well being as a nation? |
Politics / Re: Good News! NNPC To Distribute Free Gas Cylinders To All Nigerians by chyket(m): 9:48pm On Sep 29, 2015 |
I hope they will distribute the plastic cylinders which is much safer in case of fire incident. |
Politics / Re: Again, Senate Passes Vote Of Confidence On Saraki. Leadership. by chyket(m): 1:22pm On Sep 29, 2015 |
The problem with this saraki issue is the desparation with which it is pursued and also the fact that they had to go three regimes back to get materials for his trial. Vengance is a dish that should be served cold. Most of the senators are not supporting Saraki but they are seeing it like if they allow this saraki issue to go through without a fight,they themseves individually are not safe.To me this fight is just a fight for survival by Senators ratherthan an endorsement of Saraki's innocence. 3 Likes |
Celebrities / Re: 9ice Asking Yemi Alade For Autograph (Photo) by chyket(m): 7:03pm On Sep 27, 2015 |
Its no big deal,signing on the album makes it more valuable in the future.It has nothing to do with who is bigger than the other. |
Politics / Re: Big Man's mansion Twenty Five Years Ago? (picture) by chyket(m): 10:28am On Sep 27, 2015 |
OP you are not serious!!!How can this be a rich man's house 25years ago?25years ago is 1990 and i dont think anybody noticed a mud house then. |
Politics / Re: APC Considers Akume, Remi Tinubu As Saraki’s Replacement - NationalMirror by chyket(m): 12:07pm On Sep 23, 2015 |
Just regretted opening this!!!!! |
Religion / Re: Memo To Desperate Single Nigerian Women: Stop Sowing Seeds For Husbands! by chyket(m): 8:56pm On Sep 20, 2015 |
Whatever someone does spiritually is to me a personal decision.Every religion has its own tenets and beliefs.I believe its very wrong for you to decide how someone should conduct himself spiritually because everyone knows what works for them. |
Politics / Re: Buhari To Saraki: Leave Me Out Of Your Trial by chyket(m): 8:42pm On Sep 20, 2015 |
The only time i will believe that things have indeed changed in Nigeria is when this case is followed to the logical end ie either Saraki is jailed or he is pronounced innocent. During the era of PDP,cases like this always end in permanent adjournment as soon as the accused loses his exalted seat. |
Politics / Re: Nigerian Army Engineers Reconstruct Bridge Blown Up By Boko Haram by chyket(m): 2:16pm On Sep 20, 2015 |
ironheart:I guess 200k is a figurative because i dont believe 200k can build this bridge that i am looking at. |
Sports / Re: Picture: Medal Table (2015 All-africa Games) by chyket(m): 7:54pm On Sep 19, 2015 |
kwametut:Something is not adding up here. Somebody clearly has missed his way. 2 Likes |
Politics / Re: Alleged False Declaration Of Assets: Court Halts Saraki’s Trial by chyket(m): 10:55pm On Sep 17, 2015 |
I expected this and I told my friends in the morning that Saraki is likely to go to court.In 2007 ex Gov Odili got a perpetual injunction restraining EFCC, Police and other law enforcement Agents from investigating or arresting him and 8years later, this order is still subsisting.Senator Stella Oduah recently got a similar injunction and nothing has happened ever since. |
Politics / Re: Do Not Accept Governor Fayose's Food, Rams - Imams Tell Ekiti Muslims by chyket(m): 8:10pm On Sep 15, 2015 |
I hope he has an arrangement in place to replace the ones he is asking them to reject. |
Autos / Re: Lexus Gx 470 2005/06 VS Toyota Prado 2005/06 Which Will One You Recommend? by chyket(m): 2:33pm On Sep 14, 2015 |
Lexus Gx470 has 8 cylinders while most Toyota Prado have 4 cylinders . |
Politics / Re: Udom Emmanuel's Official Driver Impersonates The Nigeria Police by chyket(m): 1:31pm On Sep 13, 2015 |
Sahara reporters should do further probe on this because when i was still in the banking sector,i could recall that some of the drivers to the Executive management were made to join the special unit of the Nigerian Police and this category of people usually dont were uniforms on a regular basis and they are predominantly civilians.I think this could be one of such cases. 2 Likes |
Politics / Re: FG Appoints TY Danjuma To Chair Idps Rehabilitation Initiatives by chyket(m): 8:38pm On Sep 12, 2015 |
More like reappoints Gen Theophilus Danjuma because he had the same position under ex President Jonathan. 2 Likes |
Career / Re: Treasury Single Account: Banks To Sack Thousands Of Staff by chyket(m): 8:20am On Sep 12, 2015 |
Its a pity that some people will have to loose their jobs but banks in Nigeria will now have to sit up and do proper banking.The era of sitting on fat government accounts and investing it in trasury bills is over.The banks must finance businesses now or they will go under. 4 Likes 1 Share |
Health / Re: Charles Oben: GSK Drug Turned A Healthy Banker Into A Monster by chyket(m): 3:07pm On Sep 11, 2015 |
Thank you OP for this story.I learnt so much from this and i will be very careful with drugs. |
Politics / Re: Buhari's Cabinet: Shocker Awaits APC Godfathers - Tribuneonline by chyket(m): 11:08am On Sep 11, 2015 |
If this is true,then the real change has started. |
Autos / Re: Registered Toyota Land Cruiser 2008 Model, Asking Price 2.7 Million by chyket(m): 4:55pm On Sep 03, 2015 |
IjogzK:This should be 2007 model based on the dashboard and the gear area. |
Sports / Re: Vincent Enyeama Loses Mother To Death, Apologises For Missing Tanzania Game by chyket(m): 9:44am On Sep 03, 2015 |
This is why its not good to draw hasty conclusions.Always give people the benefit of doubt and avoid prejudice. RIP to Enyeama"s mum. |
Autos / Re: Are You Looking For Someone To Help You Drive/deliver Your Car With Pictures.... by chyket(m): 8:49pm On Aug 30, 2015 |
Carbaby007:I am just trying to say that i could do business in the future with you when you are able to incorporate any kind of insurance into your system.For now i wish you the best of Luck. |
Travel / Re: So There Are Nigerians That Fly From Lagos To London Then To Abuja Than Direct? by chyket(m): 5:48pm On Aug 30, 2015 |
So foreign flights dont crash!!!Do you know the number of flights done locally everyday?If you check the number of crashes locally viz a viz the number of flights,you will know its a non issue. |
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