₦airaland Forum

Realdeals:
No wonder AliExpress and Temu now process naira transactions on their portal.

They convert all their naira to back to dollars and send it back to China.

China and USA dey use our heads

Omoawoke:
you are even over stressing the matter.
The guy is looking like a drug addict and there's nothing nice about his dressing. He looks unkept like those Niger/Chad okada riders.
Is he a billionare? yes... good for him, who cares? I am not begging him for food and I will never beg him for food.
He has his reasons and mode of appearance, and that event looks like a casual one.

You are pauper..
Just shut up

OriOko88:
If churches are scam then u and ur entire Household are dubious and fraudsters. Eleriibu

How does that relate?

It seems your miserable father or Pr*stitute of a mother are into the religious scam...

mrjoeblinks:
Ehen?
.
The very moment all the people judging him are waiting for!!!!

Shut your useless mouth.

Churches are all scam.

Even the europeans wey bring religion give una, they know the truth but you blind and useless africans have decided to live in lies

Too much grammar but empty words

danzaki63:
Another way to make some people very rich. Why not use the Dubai template. Nigerians are allowed to carry too much dollars. Most countries had digitalized forex but not here.

How did dubai digitalized forex?

Dubai wey dey change money physically pass Nigeria

trutharena:
All the subsidy beneficiaries have now gone into hiding.

mumu.. Even if they have stopped paying subsidy, dont you think the people who profited from the subsidy removal have made enough money to invest and feed themselves till they die? They have even made enough money to feed you and your generation till y'all die. You should be worried on how the removal of the subsidy have impacted in your life positively.

Most Nigerians are truly morons

Shadomaan7:
The Dangote refinery story don dey bore some people.

I swear...
E don taya me.

See the old mama wey dey talk about right person and wrong person

Mandate1:
I'm yet to see any policy of this current govt that resulted in positives. This won't be either.

I've never been a fan of the dollarization of the system, and for sure, 90% of the dollar in the system are held by politicians. Whr did the politicians get the dollar shared in the last election? Make we dey deceive ourselves.

As citizens, do we even need to have dom accounts in the first place? Dom accounts should be open to only businesses genuinely into the import and export of goods that require dollar. The politicians started it and now it has gone round.

Even CBN will tell companies doing import and export to source their own dollars.. Personal dorm acct is used in receiving inflows from abroad

DeLaRue:
Nigeria can run itself the way it chooses. We are not China.

After the expiration of the 9 months grace period, cash deposits at bank branches should be limited to a maximum of $100 per person per week. Anything more than that can only be deposited at a single CBN - designated bank in each State.

Dollar cash withdrawal should also be limitedl to $100 per week per person. Since dollar is not our legal tender, it is even questionable whether anybody should be allowed to withdraw dollars in cash. To do what? Buy tomatoes?

Those who need to make foreign payments should obtain dollar Atm card with a maximum spending limit of $1000 per month.

Possession of more than $1000 cash should result in automatic forfeiture to the government and prosecution for money laundering.

The government should then set out a 2 year plan for phasing out individual dollar accounts. After the 2 years, all existing individual dollar accounts will close and banks will not be able to open new ones.

Only companies involved in import and export should be able to open and operate dollar accounts.

Cardozo brother.

tundegan:
This is a very welcomed development.

It will help stabilize the forex market and bring down the rates.

Mumu.

Och77:
I thought Naira to crude deal had commenced since 1st of October. Very misleading scenario

they are useless set of people..
Misleading the public

Runtown don run

Gajagojo:
99.99% of people gave no clue what foreign reserves are
You are one

Foreign reserves are not government funds
So it has nothing to do with the need to borrow


Foreign reserves are not savings or reserve funds of the government

They are CBN funds

Just like Zenith bank. Or any other bank
Bank reserves are depositor funds not shareholders funds

Who are the CBN depositors? anyone with naira in his possession is a creditor of the CBN
Any foreign investor like airline operators who want to repatriate their money can turn up to the CBN with naira demanding dollars hence the argument about trapped funds
The CBN keeps reserves as a means of settling its liabilities which is what the Naira is

The naira is a CBN debt backed up by reserves

Just shut the f*ck up with rubbish you just explained.

Better go and apply for a refund for all the school fees your parents paid.

These are not the only problems

bizzibodi:
Why sell dollars to BDC,why not sell dollars through banks at official rate at strict supervision.

Banks are the biggest criminals in thieves on Nigeria.

Tribal mark merchants and k*lling people are like 5&6

.

Mad cleric

forgiveness:
It was 1,533 naira at the Bureau de change in Lagos 2 weeks ago but 1,565 naira in Abuja after 3 days I Lagos but suprisingly, it went to 1,595 naira the next day.

Bureau the change are the major problem of the currency in Nigeria.

You never know your problem

Good for her. Next time don't interfere with govt officials carrying out their job. Most women run their mouth anyhow with the orientation that they are untouchable because they are women. Rubbish.

Kudos to Anti - Touting squad

Robertgreene1:
ldiot

Boko haram is that you?

Eneye4me:
One will land very soon in Ur State

Dey play

I no blame them. Na isreal i blame.

Like Just use 2 nuclear bomb turn that place to desert.
Isreal dey mess up

Obierika:
In case you don't know even an individual can report you to credit bureau if he's ready to go through the stress

Just dey play

muykem:
Messi played 47times against real madrid and scored 26times I.e 55% return. Ronaldo played 30 matches in El clasico and scored 18times I.e 60% return.

I know Ronaldo fans are ignorant.
What are you trying to proove now?

Messi have been playing El clasico since he was 17 while Ronaldo started playing El clasico at his prime.

Messi was a nightmare to Real Madrid

SPAMBOX7:
See how you mentioned only the ones that failed and Left out the ones that succeeded like Tiwa Savage and Wande coal. Lol

Lol.. Tell me two of Tiwa's hit song after mavin
Tell me one of wande's hit song after mohits..

efemena5050:
I tire o which talent very stupid songs ....all media hype ....childish songs most time .....like tht song called spider man .....just imagine ....don jazzy use him influence push the song thts all........the song no fine self (baby calm down ) little tins pls those mumu oyinbo bcus they don't have much problems

I have always known that he is not talented and all his songs are childish.
I want to see how he will do it without Don jazzy

Uniquekriss:
it's a lie, that guy has some kinda grace and oil flowing down his head, Don Jazzy was just a ladder for him to climb and that doesn't mean he has to remain in Don Jazzy's shadows.

We shall see.
Na wetin them tell D banj be that.
Calling him Eja Nla

Niok:
when did he leave donjazzy
Dey play

Maybe you are still living in 2009