₦airaland Forum

Nazgul:
By opening a dollar account and transferring your money there to save.

Imagine if you had 100k in 2021, and someone had $100 in his dollar account. as at that time, the dollar conversion rate was $400. So the value of his $100 was 40k.

Today, the conversion rate is about N1,700. So the value of the person's $100 is now 170k. Whereas you that had 100k in your account would keep witnessing it loose value year in year out.

That's why most top earners prefer to open a dollar account and save their money there. Cos the dollar is stable so your money wouldn't loose value.

Now. S

Esthered:
Lover of our fatherland, how do you hedge against the volatility of naira to secure the value of your funds?

bixton:
Let them benefit. There's time for everything.

Cmeo:
Some policies in the recent time exposes NNPC that it is one of those body accumulating debt for this Nigeria in the name of subsidy payment while they spend the cash made on behalf of Nigerians on frivolities.

bixton:
The best thing PBAT should do about everything concerning this NNPC is to completely sack everyone and shut it down including the Minister for Petroleum, be it oil or gas.
These politicians have overfed. Its high time a sickle is plunged into their bellies.

Honestey:
Stop talking down on other leaders, you weren't any better

naptu2:
You too?

Why is Mr Blogger mentioning me here?

Augustine2244:
Western lies and propaganda as usual.
Russia isn't on any brink of collapse.
All the targeted sanctions by the EU and USA on Russia as a result of the 2022 invasion of Ukraine, have failed to cripple Russia's economy and destabilise her fighting capabilities in the ongoing war.
Russia is so strong that she is very much excellently bypassing the sanctions, neutralising their effects, still exporting her oil and gas and shoring up her foreign exchange reserves.
The The West never expected Russia to be fully resilient and resistant to their sanctions and are still in shock and bewilderment that sanctions haven't been able to stop or slow down Russia's fighting capabilities and willingness to go on with the war.
Lol!
In truth, Russia is fighting for the Multipolar World Order which is favourable for developing nations.
But Nigerian and African idiots would choose US led Unipolar World Order which is the same trying to force LGBTQ abomination on them,what their ancestors never accepted.
There are more idiots in Africa than there are grains of sand on the seashore.

Eriokanmi:
Oyingbo is a child's play. Go to idumagbo and see things, especially going towards idumota. Those Ilorin guys full there. They'd he the ones asking what you need and if you need them to destroy the life of anyone you don't like.

xpressionx:
My sister used to buy it from one lady in abuja before she relocated

Its is better than sugar

LilMissFavvy:
You think you can take care of two young daughters as a single man? No, you cannot. They are better off staying with Grandpa/wife.
Your ex wife informed you about the kids whereabouts after she had taken them to Grandpa's house, so what? She at least informed you. Then you stopped paying school fees/feeding, you thought they will beg you, but grandpa stood up and took responsibility, now you are back complaining. Grandpa told you to return all expenses before he will release the kids to you or mother, yet you are still here arguing. Even if Grandpa says you should pay 2million, then be ready to cough out that amount, you can never win the case in court because you stopped paying for their upkeep.