₦airaland Forum

helinues:
Global recession to come in a year or so. Those who normally declared it are waiting for the Us election in November as they wouldn't want to scare the investors before the election.

Prepared ahead because it would be global things

What does food got to do with recession. Despite the fact there is high inflation in the US, the economy still stands resilient. The only problem for the US is the huge debt burden and the dedollarization agenda of BRICS.

tctrills:
The day Biden stops supporting Israel, just know he has lost the election.
Please check out the number of American companies owned and founded by Jews and most of the are democrats.
If he losses the funding of wealthy Jews, it's over.

Even right now, he stands the chance of losing elections, Winning American elections is not only about supporting Isreal , domestic issues also play a larger role. There are also Arab communities in the US .

rebdisir:
Anybody who's responsible for the death of innocent people on that scale will die tragically, it's how life works it dosen't care about your feelings.

Hitler and Mussolini comes to mind.

Chimarto:
China is strengthening ties toward Europe due to anti-china US pokies while Putin is going China . I don't understand Putin's FP

It is not only Putin's foreign policy that you don't understand, you dont understand global history and geopolitics, go back and find out what Russia means to China.

Lumarstone:
We have more economist in the classroom, professors for that matter, their wealth of knowledge are caged at our nation's university gate.

Is like those presiding over the economy of this country are people without economic mgt background. The economy seems to be getting worse on daily basis? Many Nigerians this days can't afford the high cost of medication in government owned federal medical centers. Inflation is at it's peak. What a country!

It is not a matter of economists in the university classroom , they possess no magic wand, even inflation is global. The reason we are having this problem is because we import virtually everything from raw materials to finished goods.

DasaintHope:
How is gaza and open air prison. If you're talking about the fence on Israel side of the border, well you'll be surprised what years of constant terrorists attacks and suicide bombings can do. Besides there is the Egyptian side of the border also blocked due to palestinian affiliation with Muslim brotherhood in Egypt.
Israel pulled out of gaza in '07.
So sir, who is imprisoning them.
Prison yet Iran smuggles arms and munitions to them.
Oboy!!! These Islamists and common sense are parallel lines, they'll never meet.

.

Isreal is imprisoning them, do they control their food supply, sanitation systems, desalination systems, electricity, who controls the seas etc. You cant be wiser than Amnesty International and HRW, who classify gaza as an open air prison.

Judd007:
The hunger wey de finish people never reach, my small stomach wey don manage grow small, i no go fit bring am down.

Growing your stomach does not mean you are eating healthy or healthy. It is a false sense of well being. You may even be eating yourself to the grave. Looking bloated is not health. As a man, no fat must sit on your belly, it is one of the major causes of hypertension in later life. This is because a lot of blood vessels and nerves are located in that regions. Too much fat there impedes blood flow causing pressure for the cardiovascular system.

OkpaNsukkaisBae:
sometimes dis gym end up making women look like a man. People should just eat right and they will be in good shape.

That is your own opinion, being fit and healthy is more than just eating right. You need to combine activity e.g calisthenics, yoga, aerobic or strength training. Eating right and exercise are 5&6 for both men and woman, it also slows down the aging process.

helinues:
Toh

The question is why is Binance always having problem in which ever country they go?

Binance is not having problems in every country it goes, if your country has a regulatory framework for digital assets/crypto, Binance will fall in line.. The issue is that the countries that are having problems with Binance are crypto phobic and anti crypto. The UAE is the one of the most crypto friendly nations in the world followed by Singapore. Binance has regulatory licenses to do Business in these countries including India. Another issue is the West East tech rivalry, if you check out majority of the countries have issues with Binance they are western nations. These are the underpinnings of what you are seeing on the surface. The reason why Binance is facing problems in the US is that a minor violation by a money business business (MSB) attracts a heavy penalties, but the case of Nigeria is different, Nigeria does not yet have an act for the regulation of crypto assets, it is just being proposed, so the US and Nigerian case is quite different. I know Binance has a good legal team and they will come out victorious. It is only Binance that is having issues with US, even Defi firms like Uniswap are being served Wells notice by SEC.

Judolisco:
At least u acknowledge there's an issue, maybe the Federal government just wanted an out of court settlement.... Why waste money on court proceedings when u can settle out of court.... I see alot of people talk trash about their country because of Binance whose founder was recently jailed in the US for fraud

In November 2023, Zhao agreed to resign from Binance and pay a $50 million fine as part of a guilty plea to U.S. federal charges. Binance also agreed to plead guilty, and to pay $4.3 billion in fines.

Instead of Nigerians to ask logical questions na still us dey support d claim backed with no evidence, 2mrw when they start calling u a thief abroad because you're a Nigerian don't be surprised oh

Binance founder was not jailed for fraud, go back and do your findings. Despite US prosecutors asking for eight years imprisonment,he got four months,that is to show you the kind of man CZ is,he is powerful and influential and all this through great relationships. Even SBF FTX founder got 25 years imprisonment. The founder of Binance is a hero ,my mentor in the blockchain space. His release from jail will be heroic as he grows more powerful in the crypto world.

kenny714433:
If they delist naira from crypto exchanges and stop them from trading P2P, then we would move to off ramp services.

There, we would convert our USDT to our local currency. So many off ramp providers out there.

Apart from off ramp, we would use Telegram bot, and normal P2P without exchange intermediary. 100 of options would be provided.

I would even suggest to a decentralized exchange like PancakeSwap or Uniswap to offer P2P services. I wonder who FG would contact when decentralized exchange adopts that.


For more context about decentralized exchange:
There's no KYC so all transactions are done via smart contract. So you won't need to know anybody at all, just signing of the transactions and the contract executes it. Even SEC finds it difficult clamping down on DEX since the team is completely anonymous.

Modified: For those of you quoting to tell me FG will completely ban crypto, it's like Satoshi Nakamoto is a joke to you all 😂

It is not easy to ban crypto totally, they should go and ask China, Chinese govt is more strict than Nigerian government. Still Chinese youths engage in crypto. When their government could not stop it, they implemented partial ban. Cryptocurrency is just like the internet, can you ban internet ? No, it is pervasive. The FG has started a lost battle already, them go tire. You cant say cryptocurrency is manipulating the naira with no basic data to back it up, we are too too sophisticated to accept that, but some gullible Nigerians will still be hoping, by the time dollar hit 2500NGN a your eyes go clear.

StOla:
What precedent did America set by convicting their founder?

Is the detention not on a valid court order, yet you feel the need to run down your country?

The American case with Binance founder is different, if you dont know the story just keep quiet, CZ himself pleaded guilty to all allegations and accepted responsibility for his actions and sought settlement with US with a personal settlement with the US DOJ and a corporate fine the first of its kind in US history. But in the Nigerian case, there is still no convict the executives, in fact you cannot detain middle executives of a corporate entity in order to iron out disputes. It actually sent out a wrong signal to the investors community.

vowiski:
.

Any state not recognized by US isn’t a state.

Hamas must be annihilated completely

Says who ? In your own UN charter abi ?It does not take the recognition of the United States for you to become an independent state or maybe you need to rephrase your statement.

obedience4:
The IDF has once again prove its self when it comes to battles
The Israeli iron dome, the David sling, the arrow anti missile launchers and the patriot defence system's all did a perfect job.

Special thanks to the Jordan government for being a shining light among the terrorist infested Arab nations.

Jordan is not a shining light among Arab nations, it is a US ally just like Saudi Arabia and Qatar.

Righteousness2:
"
If you know, you know

The Next thing is to [b]crush and cut off the Head of the Snake

Prophetically and Scripturally, this is ISRAEL'S time to crush ALL its Enemies.

If Isreal wants to crush its enemies, let it do it alone, not working with a coalition of nations to do it. If not for a coalition, Isreal will be counting losses by now. Do you even know that there are missiles that can evade these missile defence systems, Iran has access to them thru Russia.

misreal:
Omo.
This defence system is crazy.
It has really helped Israel,else Hamas alone for don destroy Israel.
But then,does Iran have a defence system as strong as this?
No be to shoot Catapult drones oh,na to defend yourself when time comes.

Majority of Arab countries have air defence capabilities. UAE, Saudi Arabia, Qatar, Jordan. You just make me laugh. A country that has advanced ballistic missile capabilities like Iran wont have an air defense system. It is not possible. The military advantage of Iran over Isreali is its advanced long range missiles. And the deterrent for Isreal is Iran getting nuclear warheads. That is why Isreali is so afraid of getting nukes. If Iran has nukes, Isreal wont be even talking about response or retaliation. Nukes are deterrents

nnachukz:
Even Iran knows that Isreal will hardly forgive and forget. They should expect Isreal to strike back. Get ready o, especially when Isreal is silent. They could be busy cooking poisonous food for Iran.

It is not that Isreal does not forgive and forget, it is this Present government in Isreal that is the problem.It consists of a lot of extreme leftists, very hardline. Netanyahu is fighting hard for his political life right now. You bombed a diplomatic building not in your country, but on foreign soil and you dont expect a response, it is a gross violation of international law, it is a contempt on Syria sovereignty. Can the United States accept such treatment ? Can Isreal itself accept such treatment ? Isreal is just an aggressor here, and an aggressor ought to be treated with commensurate aggression. That why Iran had to invoke Article 14 of the UN Charter.

khalling2008:
Israel which can never face Hizbollah in Lebanon wants to face Iran of all countries in the Middle East. Remove US support for Isreal, Bandits from Zamfara will defeat Isreal in a war

Your analysis is correct, all these countries also know Isreal's capabilities. Infact, Hezbollah is an headache for Isreal, without US and Western support, Hezbollah and Iran will finish Isreali, war and defeat is not about weaponry, it is about strategy. By the time, air defences are overwhelmed, and strategic targets will be hit.

TruthsFM:
While #Germany backs #Israel and #Russia has a close military alliance with #Iran, both countries clearly view an escalation of the Israel-Iran conflict as detrimental to their respective national interests
#MiddleEast #IranThreat #Israel

I pity Islamic republic of iran and its people . Isreal defence force don prepared no be small

They are prepared actually but without the United States, they will be overwhelmed, why is the United States reinforcing military assets, the major truth is that a war on multiple fronts without the United States will break Isreal, regardless of IDF preparedness. Do you even know that barrage of attacks can ruin the Isreali economy if sustained for long, do you know how much an Iron dome interceptor cost ? Majority of long range attacks launched against Isreali were intercepted by US naval destroyers not IDF.

TruthsFM:
I Pity this man and iran government. Iran economy will enter recession in matter of days and weeks

How ? Oil prices will just go up, but i dont see recession. Iran has seen the worst in the past as a result of US sanctions. But i dont think US sanctions can work on any country again.

cl0r0x:
So military generals can hide in a consulate, commanding hezbollah, houthis, kathib hezbollah to attack isreal. The isrealis are indeed so patient.

Is a consulate a warzone? What were generals and 13 military officers doing in a consulate?

Anybody can be in a consulate, international law does not stipulate who should be in a consulate, it is a representation of a nation in a host country. In fact, embassies and consulate have defence attaches that represent that countries military interests in the host county. Now, attacking a consulate no matter what is a gross violation of international law. And violation of the sovereignty of Syria. Can the US accept such, with time, the US and its western allies will become clowns on the world stage. You create the international laws and statutes at the same time, you are the ones violating them

Ofunaofu:
Mr. Cardoso, a genius

He will surely be a genius if the naira exchanges at N200 to a dollar where the APC met it in 2015.

Shut up man, we are talking about this present administration where it met it not 2015, Cardoso was not CBN governor in 2015. So think normal, so everything will be normal with you.

Cizarr:
Do you know how many nuclear weapons Israel have?... The noise is too much.. make Iran send missiles naw and let's see the outcome.

Oga go sit don, it is not about how many nuclear missiles you have, one nuclear strike is enough to wreak the needed havoc and destruction that can cripple a country's military capabilities. It is about how to use it , not how many you have. That is why long range missiles are called strategic weapons.

SpatialKing:
You won't see or hear them make any noise now

Once Isreal starts attacking them now

You hear words like Genocide
Free Iran 😂😂

It was a retalatory attack, that is why they wont make noise, bombing a country's diplomatic compound in another country is a violation of international law of the highest order. Some people just come and talk trash on Nairaland.You need deep knowledge of international relations to talk on international issues. But because Isreal behaves like a pariah state and does things with impunity and backed by the West that why they keep growing effrontery day by day. On a normal day, if another country does what Isreal is doing, that country would have paid heavily. That why the influence of the United States need to be reduced drastically both economically and politically, which is actually in the process right now. The United States is fighting for its life now economically. As long as the US keeps wanting gain extra ordinary infkuence in the world its economy will continue to suffer. It is this Isreali palestinian issue that will eventually cause another major global conflict. The west needs to be tamed, in fact the west need to be tamed for Africa to reach its full potential.

Bluntguy:
Judging from where the Naira started plummeting to where it is now, it is not performing anything. I will agree with Bloomberg when it gets back to less than #800 per dollar.

Naira really performed, your statement is a layman statement, an ordinary man on the street, you are not an economist.You better release your dollars in to the market if you have them. Who told you it is not going back to that #800, you go cry soon. By the time dollar fall yakata, your eye go clear.

Honestey:
You honestly believe EFCC are so daft that they will imprisoned someone without strong case against him? Start supporting Nigeria or you will be left behind as we step into a better country

EFCC has detained many in the past, with no strong evidence the same is happening now, EFCC is not FBI, all what they do is media trial. At the end of the day, the culprit goes scot free because of lack of strong evidence.

MrGerald:
Dangote refinery won't bring anything down, with all the tech to keep that refinery working still need dollar exchange to that effect. Again local product are not always cheap here

Stay in your house dey analyse, dollar go prostate in no time as petroleum products flood the market, you are not wiser than people who are talking. Inventories for maintaining a refinery are not purchased daily, one of the major pressures on the Naira is importation of petroleum products, once it is removed, Naira will start getting stronger. Although a lot still need to be done which i think the Government of the day is ready to do. We just keep wailing here everyday, Inflation is not only in Nigeria, it is global. Monetary authorities are fighting inflation globally. In fact, if BRICS succeed with de dollarization , then the entire US economy coupled with huge debt burden will crash finally. Which will have an adverse effect on Europe. So Nigeria is a land of opportunities, majority of our pains and challenges are manmade not government. Once our mindset start to change, our country will be transformed.

mariahAngel:
You, come back to Nigeria naa. Yeye!

Dangote has become the owner and saviour of Nigeria we should all rely on.

Who is the United States relying on ? If i may ask you ? Your mindset has to change, building and making of a nation is not only the job of government and bureaucrats, it is every citizens job. If you dont know the history of how great economies and nations are built, you will just keep talking rubbish, you will lose your objectivity. Every sector of the US economy is built by citizens (capitalists).from education, to defence, to tech. So zero your mind from Government should do everything for. Even refineries in Nigeria ought to be totally privatized, that is when they will function efficiently. Government has no business doing business. And you too, commenter work hard become a capitalist and entrepreneur so that you can help and uplift your country unless you are not a patriot. Dangote is a pride to Nigeria and Africa at large.

Newton2024:
The cancelled is a pure lie propagated by Muslims and islamic terrorists sympathizers mostly of African origin. In Israel, Jews, Christians and Muslims live together in peace.

That is a lie, Palestinians are attacked on their farms within acclaimed Isreali territory. So how are they living in peace within Isreal ?

sirblend:
Continue to detain them till the prizes of dollar goes down....

A lot of Nigerians has suffered because of their greediness..

You are so gullible, that is what they made you believe, you could easily be brainwashed. If that be the case, Binance has already dropped its P2P operations in NGN. And detaining a Binance Executive unlawfully wont bring that back. That is why we keep retrogressing as a nation, we wànt investors, we want to grow the economy yet we chase them. An economy is not all about exchange rate, it is about production and how do you turn a country productive wheñ you chase away investors.

Otulaeke:
Please I am sorry if I may write this without going into much details.

So I met this my friend last year. Barely 3 months everything I gat started crashing. I didn't doubt my instincts when I finally distanced myself from him and immediately I started bouncing back. Now the probs is , I usually or accidentally jam him on my way each time I step out from home because we lives almost same street.

And so it won't look as if I hate him, if we come across each other, we tend to exchange greetings and most times follow to wherever I am going. And each time this happens , I experience one or two backwardness. I have carefully examined things and finally come to the conclusion that this really happens each time we met and exchange handshake.

Yesterday, I saw him and tried all my best to Dodge him , but las las he finally caught me and we followed to my destination. Getting back home , everything I worked for last weekend just crashed . I lost out so bad . Why must it be yesterday. For complete one month everything is going fine . Why yesterday that I met him.

A friend of his ran away from him, one day the guy told me he saw him in his dream pointing gun at him . Then I also had the same dream similar to what his ran away friend told me . He (my friend) was pointing gun at me in that dream . It was then I started being afraid of the guy , that was before my business crashed last year.

My kidbro saw him in dream serving me a plate of food . But instead of food in the plate , it was fire 🔥 burning in the plate and according to my brother I was being flogged to eat that food and I was sweating and crying.

With all this what do you think?

Note: he isn't doing better in life . Some times he asks me for help . And I feel like I really need to disassociate myself from him totally.

And even if I want to disassociate myself from him totally, how am I going to do it in a way that it won't look as if I hate him. I need your opinions

You have personal power to repel any negativity and bad luck aura anyone throws at you only if you know how to do it. You need to learn more about the supernatural.

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era



Tinubu you’ll crumble



You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

You have to be very careful when making bitter utterances and curses on people you dislike because you dont know the supernatural forces that back them so you dont put yourself and your generation into trouble. You are just a blind man on the street, though you can read and type with no glimpse into the mystical.