₦airaland Forum

I thought the border with Niger was closed.

KillahPriest:
This is a simple matter that shouldn't even involve journalists but many of you have big mouths and small brains. At this stage, no more mister nice guy, you should have arrested her and her parents for culpable homicide first of all and anyone who shouts ahh ejooo, should have been arrested also. 100k max would have shown them you're damn serious, na Dem go carry your surviving daughter give you by force but you're behaving like bolor and that's why her family can mess you up anyhow. Five to ten people should have been arrested by now and they would be forced to pay for exhumation of the corpse and an autopsy to determine what really happened. All this while, your surviving daughter dey your house

May God bless you. The man is a bastard and a disgrace. His weakness has caused they death of his daughter.

As the wife and her parents are in custody, you will throw fire in her parents house and as they are coming back from police custody, they will be sweeping the ashes. You will now tell them that you are just starting with them.

It is better to be feared than to be respected. They have none for him.

forgiveness:
He should make enemies, right?

Na Ipobidient na. What do they know apart from Nsobu

Nduzeal4life:
if Dr Alex chioma otti could spent 1.2bn to buy two Toyota Hilux and still busy doing contracts then we need people like him, I know that your tribal sentiments wouldn't allow you see where the governor stated that it was a typing error and has been corrected shame on we tribal bigots, tufiakwa

You are an hypocrite.

Okwyjesus:
Enemy of goodnews from SE..That's is for feeding in all govt functions, it has been explained

I guess you are refugees who come to open your dirty mouth to eat in govt functions. Hungry thieves.

They are stealing your future and you are defending them. Shameless thing.

Acidosis:
67km?

Eleyi of Ogun left the group chat.

Dapo is beyond useless but a caged person from Kogi should not even open mouth here. Your entire state is a joke.

Tell us the name of your Governor again

You can see Amnesty International defending child rapists. Shameless people.

Abia's Alex Otti's group members.

CatchMeIfUCanMO:
The same black market their minions are claiming they want to eradicate?

I expect you to be enlightened and educated, and if my expectations are right, why will you want to enjoy the rate of black market when according to some people here that is the main target of the policy?

Think bro, think!

They are eradicating BDCs, not the black market. BDCs are a part of the black market, not the whole thing. In every economy, you have the black market. Your Binance and P2P sellers are part of the black market.

The BDCs have bitten the nail, others will follow. Today's rate on GTB is 1,350. How much is the dollar on the street?

Connect your fingers to your brain before posting.

Omoawoke:
I used Sendwave and the recipient has not been able to get the money since 3 days now. Is this the reason?

Na Naira them go give am.

true2god:
Yoruba mentality of destruction and no ability to add value.

Yorubas who built empires when your fathers were still living in trees and fighting for bananas.
Chinaza, dey play.

ExudeLoveToAll:
Bigots please allow us read sane comment here, stop spamming the whole place with your bigotry.

Hypocrite, tell that to your idiotic kinsman who he responded to.

azpekuliar:
Cheering news for us crypto lovers. More crypto adoption!

Dey play. Hope you know Binance has started laying off Nigerian staff in their CS department.

No need for much talk. Just dey look dey go.

YorubaKing:
Use Taptap Send

It gives you a great exchange rate.

Na lie. Bank rates and IMTO rates are the same.
Why should I use Taptap when both official and parallel rates are the same?
Na to send to Naija let them pay Naira to Naija account. Same rates as black market rate.

millhouse:
hahaha , watch how much u go buy PTA when you need to travel , and come back to tell us here . Nothing new in this path taken . Go back to statistics of what happened to the naira when previous govts did same . Doing same old habits and expecting new results … I leave you to finish the sentence.

As at then, official and parallel markets had a wide gap. Now, both are the same rates.
If you don't know that, you shouldn't be contributing to this conversation.

faceland:
They didn't steal the money. They earn it in dollar.

Hope this law doesn't affect domiciliary account or I would have to go other functional west african country to open account.

With which ID will you open?
Mention 3 West African countries where they allow you to open dorm accounts.

Many of you are not exposed. Try the nonsense you try here in other countries and see if they won't wreck your life.

weslay:
The payment for Aisha Tinubu's recent birthday party on the island of Greneda was paid in Naira?

Who be Aisha Tinubu again?
All these brain dead ipob dogs sef

cjrane:
In this day and age when you can contact people in America via WhatsApp, they are bringing back this policy that stopped dollar remittances into Nigeria. They have just opened business again for those who would ask you to give them the dollars in America and then they will transfer the agreed naira equivalent to your loved ones in Nigeria.

Ultimately, Nigeria loses on the dollars her people would have sent into Nigerian banks. The dollars remain abroad while the people in Nigeria who need dollars to fund their accounts abroad are merely asked to pay naira into an account in Nigeria and they will credit your account in China! So the dollars never enter Nigeria.

Why will I send it to an exchanger in the US when I can send it to Naija and get paid at the same rate with the black market?

Use your head to think

BennyDGreat:
I will be back to quote you when this policy flops.
You only consider one part...without examining other critical areas and you think you can arrive at a wholesome conclusion?

Cheers Mr

Unfortunately, it won't flop. The idea is to remove the attractiveness of IMTOs.
With a unified rate, why should I use P2P to pay me Naira when banks can pay me the same rate with the click of a button.

jmoore:
There are no food reserves in Nigeria. All silos are empty.

Whenever there is a high cost of a commodity, the foolish people in power will blame hoaders. They blame hoarders for the high cost of getting dollars, they are now blaming high food prices on hoarders.

Will you keep shut. Talking nonsense with confidence as if your mother's boyfriend is the security guard in charge of the Strategic Grain Reserves.

On the other thread, you were saying the government should be sued for converting Dollars to Naira before payout. I then suspected that you are a blockhead. You now have confirmed it with this post.

VanuatuWycombe:
Try and educate them ni. It’s only when they abuse you that you can abuse them. A lot of them know nothing. All in their heads is street.

I agree with you 100%

What reputation does TA Orji have that they want to tarnish?

jmoore:
Can't the government be sued for this?
Person send dollar, you are forcefully converting it to naira at your own rate, not the rate of the receiver.

Legal robbery!

The clueless people that brought this idea will end up pushing many people to other platforms that can't be captured officially.

See the blockhead that I've been arguing politics with for years.

Chai, I Bleep up.

Beautifulday:
They are Nigerians that have naira that need dollar. The one who has dollar send them dollar, they send the people naira.

For instance, foreign student.

The people who have dollar send them the dollar in the dollar economy and the students refund the aggreed amount in naira in naira economy.

These monies didn't cross the both economy.

The one who has the dollar determine the price. As demand increases, the black market price is upset again.

Economy is driven by greed. Until economics understand this, their policies will fail. You factor human greed into economic policies

Since there is now a convergence of rates, I can now transfer USD to Naija and get Naira at the same rate with P2P.

So, give me one reason why I will send USD to one student and be waiting for Naira credit when I can do same with the banks at the same rate at the click of a single button.

BennyDGreat:
It's because you are not directly affected.
Imagine someone sending you 10kUSD only for the money to be converted to naira at whatever rates the CBN likes....you are calling this robbery a solution...so sad

Bank rates and parallel markets are the same. You lack knowledge of the issues, you are just crying senselessly.

Beautifulday:
There are many ways to do it. Nigerians like more money. Since they cannot have their dollar either in bank or in cash, why would they send dollar?

They will get someone who will send naira and collect dollar. Dollar remain in dollar economy and naira remain in naira economy.

If you don't know, europe discourge nigerians send foreign exchange home.

Then, if they don't send dollar home, how do they get Naira to spend in Nigeria? By coming here to do bricklaying?

That dollar, they will exchange it one way or the other. The CBN knows this, that's why they allowed bank rates to be the same with parallel rates.

By the way, What is the current parallel market rate?
What is the exchange rate in banks?
They are about the same thing.

So, why will they now patronise 3rd party providers when their rates are the same with bank rates?

Ebubu2:
You can’t bring down crypto

I’ll be receiving my money in usdt which is equal to 1,600 naira per usdt crypto

Dey play

I’ll just show my benefactor how to download binance wallet, load it in his country easily and send me my money.

You are an ignorant fellow. Which USDT is, 1,600?
On Binance this morning, it is less than 1,490.

Government can't bring down crypto but can bring down exchanges. CZ of Binance who is currently seeing shege in the US can explain better.

Beautifulday:
You are not getting anywhere. You will see as it will back fire. People will stop sending dollar home. They will do the exchange from there.

Exchange from there means whey will buy more Naira from there. Means more demand for the Naira.
Hope you know what this means?

007kjb:
You are talking brubbish

Even OTEDOLA CAN'T LAZE KANU SHOES IN MONEY TERMS

Otedola will buy Kanu with your entire lineage added as jara.

2M is what they are dancing over. Hungry Anambra people.