₦airaland Forum

My surname namesake: "Mbachu Stella"

DonroxyII:
It is not me overthinking .... i was just stating the obvious

They just want to replace paper money with digital money .....

We have used it via Opay before .... I used Opay wallet for bike, barbing and supermarkets ..... Enter the shop, scan the barcode and pay ... Payment confirmed, take your goods and off you go.....

All you do is use a bank to fund your eNaira and start spending ..... it's just another channel to make payment .... you can also use your Bank App, ATM, and other channels ....

But eNaira is CBN backed that's all !!

Oga calm down, yes it will reduce the use of paper money in circulation but to completely compete with it - NO WAY!!

This is not the first time an E-currency is being introduced, this is just another innovation of the same family. Sanusi started with the cashless policy remember? Paper money is as old as Earth itself, you can't take it out, not even the "almighty" Federal Reserves can.

YeyeBoyfriend:
location?

Ketu (lagos)

micwills007:
3k

No sir.

I have a universal 3g mifi going for 5k.

Brand New Samsung A72 for sale.

Olanre05:
It does matter, you have to look for people of your like minds. You want a Virgin as a wife, you have be one as well.

Lol. I will get a virgin, that's all that matters.

Olanre05:
Can I ask if you are a virgin too. Since you can’t marry a non virgin. I come in peace.

Lol. Does it matter?

kochila:
I seriously need this phone. Phones are kinda costly here in Abj. Quote if you can help me.

I have a brand new one (8/256) - 280k.

070 three 940435 two

jjman2322:
This is why a good business school is needed in Nigeria.. People dont understand Economics 101

First of all, CBN official rate is like 410, so converting any FX inflow to naira means you will get it at 410... Now let me ask you, your uncle in USA has $10,000 for you. Will you tell him to wire the $10,000 to nigeria for N4,100,000, or will you find a third party who needs to pay his supplier in China,India, and sell it to him for 550 (N5,500,000) ? This is whats basically happening.

As someone in the manufacturing, let me try and explain whats going on. There is severe shortage of USD. Lets assume you need raw materials worth $500,000 for the month, you may be lucky to get $5,000 in a month from your bank/cbn (through LC OR BILL FOR COLLECTION), so you now have to go to blackmarket for the rest.

Abokifx just publishes prevailing rate.. Abokifx is irrelevant when it comes to demand and supply.. Im too tired to explain more, but the solution is simple.. CBN needs to provide more USD to the big companies who need it, and the black market price (REAL DOLLAR PRICE) will drop..

The reason why goods are going up in prices (TV, PHONE, AC, FOOD, etc), even though officially dollar is 410, is because NOBODY IS GETTING 410, or even when they do its minimal.. Yes you can get PTA (Travel allowance) from your bank, but thats only like $4000.

The real problem is when as a manufacturer you need $1m.. Good luck getting that in 10 years....

There is real demand for USD from local companies here for at least $500M a day, and CBN is barely giving 10% of that.. See the problem

How much do you think NESTLE spends daily on USD, or Nigerian breweries... Quick example, indomie is made with tapioca starch, Potasium & sodium carbonate, sodium tripolyphosphate, riboflavin which are imported.. They must probably use $millions weekly just for import... So they go to black market = price jump in finished product... Hope i made some sense..

You finished work Boss!!!

horlamedy:
Anyone with stil used good ba3 and better performance can whtap me 08029839987...Ned one

I have a 3G all network compatible mi-fi.

CocoaOla:
How exactly are we not worried that a car that cost like N1,400,000 around 5 years ago now costs like N4,000,000+ .....when it should cost around 800k - 900k after 5 years?

The car must be depreciating abroad but appreciating in Nigeria

Stupid Nigerians and foolish
economy policies has turned liabilities into assets. NIGERIANS ARE COLOSSAL FOOLS

Sad Bro, very sad.

Friedyokes:
know two persons with Redmi 9t , that this happens to , call them and it says it's switched of or unreachable , and they say their phones were on , so it's not unique to you.

Same issue with my Redmi 7 b4 I sold it off.

C505:
There are some deals NOT WORTHY of price slash.
I wanted to admonish the person too. It's good you did that already.

Even if you put it 5 naira, someone will say he has 3 naira and has kept the coins for one stupid rainy day that'll never come.

Inconsiderate set of people

If I needed a fridge and I saw that deal, I would have paid a 50k down payment, with a promise to pay 10k extra upon pickup. Seems people don't enter market these days, electronics are now so expensive. Dollar sold for N550 yesterday. Let me shock you, I wanted to get a Samsung phone last week, they said its 175k, 2 months ago it was 150k. I was fuming and left because money no dey. I went 2 days ago and it had gone up to 195k, went today and it was 200k, oya pls give me the phone, "Oga, we are sorry its sold out"

I can only imagine the prices of items at Fouani right now.

Iyajelili:
We must not price everything here. You see a double door fridge (Samsung for that matter) with no fault at 50k and you're still pricing it. Thank God she has sold it.

Its so annoying, some people are just so tight fisted, greedy, or both. Even when a deal is right before their eyes they will always find a way to scuttle it.

Last month I brought a brand new Nokia 6.1 (4/64) for sale here at 55k, used ones were selling for 60k, and new ones 80k respectively in the market. Someone contacted me at 45k. I was desperate and almost took the deal but on a second thought, I vex and took it to Konga Online Store, in less than a week I sold it for 76k.

bebefille13:
What’s her budget?

250k

bebefille13:
I am a female and I need a room self contain or a room in a shared apartment with a female for 200 - 250k around palmgroove, Onipanu, Shomolu, Gbagada, Yaba, ebute metta, Surulere, Costain, or any where with close proximity to the island. Pls it's urgent, you can reach me on 08177777261. Thank you.

I have a female friend who is also looking for a place at Yaba.

Moneyboyz:
If you don't bribe someone at the police station nobody go follow you.

Can ur Redmi go for 75k?

The movie "Den of Thieves" is a poor attempt to recreate the almighty "Heat"

SUPERBLOOM:
Nairaland Alfa male but chicken in real life

lwkmd

Poor planning, only in Africa these things happen.

4lorunsho:
4k where are you in Lagos

Ketu

Henrybright:
alright

How much?

Gwan2:
Firstly, I like to ask you?.....are you financially stable in the marriage?

You see, I sent monthly dues to my sister back home for house upkeep and other utilities and I see how she bombard me with numerous romantic words as gratitude..I have it at the back of my mind, if the flow is disrupted or stops, the gesture from her stops as well, maybe gradually, maybe instantly..."Men are loved by what they have or potential to have, conditional love or respect or submission"

A friend called me on my way to fix an issue with my car, he spent hours with me at the mechanic garage. Afterwards, I took him to a pub so we can chill, drink and have food. He literally told me to give him the money instead to get pampers for his child....I came to understand, it was fire on the mountain from madam that chased him out of home running helter skelter.

I also have a friend that flirt alot, but he is financially buoyant. He first made his current wife a baby mama, when she was craving for him to wife her, he didn't. He wifed anyway when she least expected. She know his sexcapade but won't confront him on that but rather putting blames on us his friends for aiding such. I had to give the guy some distance at one point because of that. Something she knew even before the guy wifed her. Infact, she is a major beneficiary since he finally married her out of 100s. Now, this lady ain't confronting this guy because..He already build and furnish his house before marrying her, his children attend one of the best schools around, he set up her brother in business. His birthday is alway big because his wife always invent new ways to sweep him off his feet.

Now, read my long post gently and figure out where your problem lies.

Wisdom wee not kee u my brother

bodybuilder:
23 years old girl with body count of 3 is very decent girl. That number is small.

.

OhMyGodWtf:
Broo.. I got a girl of 21 that has slept with 12 different men lol..shes preety as hell, light ,fresh

Thats so sad. Whats her reason for living such a life at a young age?

YeyeBoyfriend:
that’s what I’ve got boss

Better luck next time sir.

YeyeBoyfriend:
3k ?

5k is a fair deal sir.

IsiahOla:
Location?

ketu, lagos.

I have a 3G Huawei pocket mi-fi for all networks - 5k.

SA