₦airaland Forum

A40:
Wonderful. The more you look the less you see.

Is Opay not Chinese? I don't really know much about Moniepoint but I know Opay has chinese connects

Pojomojo:
She used to write for the Guardian Sunday Magazine before the Top Radio job came

A40:
As Africans lack of accountability is our bane normally

If you no dey registered and answerable to the US I no fit do any business with you oh. Spri spri English no dey move me. I no care whether you be man or woman, woman sef dey thief

Wasn't it last year Almighty Zenith bank that was removing people's money left, right and center last year. Make God just dey help person. Ecobank wiped another person's pension the other day. Crazy things are happening

Amoto94:
I don't think it's fair to generalize that they're into fraud what I think happens most times is overestimation of their capacity while underestimating the risks they will face. At the end of the day when problems occur they face difficulties because they weren't prepared for such

A40:
Is there a Nigerian FinTech company not running some sort of fraud. I feel genuine pity for people keeping their money with these people. E better to try your luck with Sportybet or Bet9ja at least when you lose you know you selected wrong games

liveLongNprospa:
JP Morgan on CBN numbers

https://markets.jpmorgan.com/research/email/-6l485sp/2uGbcUDfTAknuXuhZpjHNg/GPS-4491177-0

A40:
Lol. Him Papa na G.O of one of Nigeria's biggest churches so you shouldn't be surprised

chrisooblog:
I think you judge him too harshly. Yes he's open about his faith but if you go through his timeline he always gives suggestions using his experiences in tech and business.

For someone who was heavily involved in setting up two tech companies that went unicorn it's a bit of an exaggeration to label him a religious fanatic.

chrisooblog:
Iyin Aboyeji made the suggestion on twitter some days ago. Hopefully Bosun Tijani can convince PBAT, Wale Edun and the CBN to try that route.

OasisX:


Jez incase, check for Ibom Babe , and don't forget to drop sexcapade as testimony.

ShaqFu:
Keep it coming Ma main man, keep it coming... Atleast those of us with working brains can see throw your charade.

joseph1832:
If GEJ did his best, then allow Buhari to also do his best, even if it means crippling the economy, just like you allowed GEJ to almost cripple our security.

iamoyindamola:
Are you saying this experience arugbo ojo can’t rule us He’s the next best thing after nko so they say

joseph1832:
So if they remove this subsidy how much will a litre of petrol be? Given that our refineries are still not working and power is still epileptic as ever.

My take, before this subsidy of a thing is remove, we must be refining our own crude oil products and our refineries should be working at 100% capacity.

If they say subsidy brings fraud, I wonder which government venture doesn't yield to fraud in Nigeria. They shout fraud, fraud and fraud in the oil sector, they should take a look Apapa Wharf!.

ShaqFu:
yet almost everyday we read on social media how petrol is now sold at 800 Naira per litre.

joseph1832:
I wouldn't want to believe old age is making this man senile, imagine him saying there hasn't been improvement is the area of power, petrol and security

I must ask him if he's been living in his country of even reading the news since May 29? I believe he's not aware that the chief of army staff is in Borno hoisting Nigeria's flag where BH made it a taboo, or that petrol is now 87 Naira per litre and no filling station sell for 100 Naira (to the best of my knowledge) and that power has greatly improved from what we experienced during the last days of GEJ led administration.

If Balarabe Musa is looking for attention the best way to do it is do join the PDP and wail, that way he will be noticed not engage in this nonsense!.

Of course if you had said anything shot of this I would have said you're an impostor!.

Emaprince:
They are in power and have free access to use DSS as they wish.

Theflint1:
This was El-Rufai making accusations that GEJ was paying Boko Haram to bomb and kill Northerners.

Goodluck Jonathan’s Government Was Paying Boko Haram To Bomb and Kill Northerners-El-Rufai

This is the man some people are trying to whitewash
pic.twitter.com/CEjSbdYy9E

— Emma ik Umeh (Tcee )🇳🇬 (@emmaikumeh) August 12, 2023

It's always funny when Cornvicts try to play the victim. There's nothing they can accuse Obidients of that APC didn't do *10. Imagine how bad things must have been for elected officials to think it was okay to say stuffs like this because of elections...now imagine what their online vuvuzelas with nothing to lose must have been saying would have been saying .

APC's luck was that GEJ wasn't vindictive or ready to use power recklessly.

ShaqFu:
a very thorough lesson many Nigerians need to learn.

Imagine how he is shalayeing saying he only posted what was posted bla bla bla... If I was Fashola, I'll make sure all of them who posted that nonsense, not only get sued, but go to jail, if they can't provide the source of where they got that malicious story from.

dpete1:
All those of you asking what someone is still doing with ex' number...

Why can't?
Relationship no b secret cult.
U fit need your ex help later and vice versa, no matter how you guys ended up.

I'm still very much in good contact with my exes, and nothing dey sup

monerozi5590:
Please go and look for someone else to fight online, not me. Anytime you want to have a proper discussion, I will be available.

monerozi5590:
Don't believe everything you see on social media, people like put it up there. Is left for you to run along with it if it fits your agenda or engaged it properly.


Come up with a better response next time not this unnecessary remarks.

monerozi5590:
I am not bothered sir Itsrm. People can call Buhari any name but calling him a thief or a currupt man is never true. Even his enemies will tell you this.

Please if you have time, analyse that Kelvin's guy tweets. I am not Emefiele's fan but I don't understand the negative reactions following that tweet. Emefiele will explain everything there with no sweat. Emefiele spoilt his name by going into politics and all while being the Governor of CBN sha.

CBN manages foreign exchange reserves. Is one of their core responsibilities. CBN Act 2007.

Foreign exchange reserves na assets held by CBN in foreign currency (dollar). I already knew where the Kelvin guy was heading to when I saw this three words in his posts. SDRs, foreign exchange reserves and IMF.

During Emefiele, it was non floating exchange rate. You need somehow high foreign exchange reserves to back the Naira against the dollar. We import almost everything including PMS. Like subsidy on dollar.

Yes, you can use foreign exchange reserves as collateral for loans, assets like foreign bank notes (dollars) make up foreign exchange reserves.

The Kelvin guy said the actual numbers are 50 percent of what was stated. No sane organisation or institution will give you loan without collateral.

Remember, you need high foreign exchange reserves to act as a buffer in the non floating exchange rate. Now let's say we have 10 dollars in our reserves, we borrow 10 dollars to add making 20 dollars. How much should be stated that we have in our foreign exchange reserves?

The question I expected people to be asking is why didn't Emefiele use SDRs to borrow from IMF instead of going to, in quote "two US banks" (no names). I know there are reasons for not approaching IMF, maybe constraints or something.


Buhari fixed the dollars so that things will not be too expensive even borrowing to back it up. People complained. Nigeria depends on imports, we all know.

Tinubu came and float it, no more subsidy. We can't afford it anymore. People are still complaining.

So I ask you, what exactly do we want? Until we start producing, exporting more than import and making Nigeria a very industrialised nation. The Naira will continue to depreciate against the dollars.

Dollar is the SI units of all currencies. Countries review their minimum wage with respect to the dollars to balance everything. I want FG to do the same. Not that dollars will rise and minimum wage will remain the same. Is a no no.

monerozi5590:
I am beginning to believe all what Joi Nunieh, former DG NDDC said about Akpabio. That man can mismanage resources abeg . Chai. King of misappropriation. Corruption everywhere.

ShaqFu:
Yen yen yen, ma main man, yen yen yen. So you're saying I supported Asiwaju because of tribalism or what exactly?