₦airaland Forum

Konquest:
I'm only gonna respond to your post so that you don't mislead folks here. You didn't read my reply properly otherwise you would not have responded the way you did in a very uncouth manner.

Just to be very CLEAR, accredited BDCs exist in major countries of the world but NOT Illegal Aboki-style black market currency speculators which the EFCC had an altercation with.
The black market currency speculations is what I condemned here NOT accredited BDCs.

I'm a well-traveled man Internationally and incidentally have flown to those two geographical locations of the world that you quoted and more for business and leisure travels, so, I know what obtains Internationally.

Lol.. Even before you dreamt of entering dubai, i have gone and come back. Dubai speculators are way more than the ones in Nigeria. Even Dubai govt uses the market.

Konquest:
The so-called Aboki currency black market speculators have NOT always been in Nigeria like you stated.

It was during the military era especially in the early 1990s that these so-called Aboki currency black markets fully came into existence. The military dictatorships and their cronies propped them up and engaged in round tripping or currency speculations.

It's even annoying that a lot of these illegal black marketers are NOT Nigerians and they have been allowed to engage in economic sabotage through round tripping.

No where in serious developing or developed countries are these kinds of black markets allowed to exist to avoid distortions in the economy.

Go to dubai and france and see for yourself. Don't sit in your village and conclude.

This business is everywhere. Your useless govt dey use una play

walezy14:
Cancel BDC and sell forex in the banks. When there is no black market to take the dollar to by the bank executives, forex will balance.

You think say e easy like you dey talk?

Omenlon:
This is one areas I blame Tinubu govt. For crying out loud, I haven't seen anywhere people do forex business like Nigeria. I don't know of other Africa counties, but outside Africa, most countries restrict their forex to airport and the commercial banks. In Brazil it's a crime to transact business with foreign currency, not to talk of exchanging dollars on the street like Nigeria. That's is why in Nigeria most commercial banks are pushing their forex to the BDCs for more profits

Shut up bro. You haven't been to anywhere.

This business is existence in dubai, france, US and most developed countries. Nigeria is heavily dependent on imports hence the high demand for dollars.

Even in that same brazil currency and drugs trading exists very much

Taich:
so na BDC dey cause demand for FX? everyone in this government needs mental check up

Just leave those clueless people in govt. Business that have been in existence since the time of military rule.

They can't take accountability for their nonsense policies

EponObi:
Frustrated ipob fowl. Get out of my mention joor. 4x4 shop renter in Lagos claiming economy expert. 😂

Thank God I'm not as dull as you.
Pornhub has finished your brain

EponObi:
This mumu hen came back sha.

Like I said, go find folks on your wavelength to argue your kindergarten economics.

The problem with people like you is you don't know shit about how global economics works but always have an opinion. With everything Cardoso has been doing, if you still think he's trying to peg the exchange rate, you are a lost cause. You are irredeemable.

Again, you don't know shit but want to have an opinion.

You are too dull to speak on an issue like this.

You supported hence the reason you're supporting this rubbish policies flying up and down

EponObi:
Yeah, in your books.

Naira fall is by design. He perfectly understood the outcome before embacking on it, which is why I said he is bold. I understand you can't relate because we are not reciting ABC in this 🌽 ner. Go interact with folks on your wavelength.

Now, *Me chasing away the hen* suiiii suiii suiiiii

You are just senseless.
How many nations allow banks to determine their exchange rates?

You are one of those senseless tinubu supporters who prefers to die than to accept they voted a very useless candidate

nedekid:
Who even buys bta again? All these stories are just diversion army.

You are wise..
People in this forum are so daft and ignorant.

PTA and BTA transactions have been stopped since mid last year.

I just dey shake head as i dey read all these ignorant people comments

EponObi:
One thing you can't deny is that Yemi Cardoso is a breath of fresh air at the central bank. Calm, smart, strategic, precise, and BOLD!

I remember Ewelele doing gidigbo on national tv with abokiFX when he made that silly "You to fight? Come out and fight" statement or close.

This is Yemi fighting the same battle without noise. Respect a beg! ☺️

Do you have sense at all?
Cardoso is a failure

MisterBanny:
Pls keep quiet before Men start to dey Banter you. If niggaz reason ur matter, na u go run from social media I swear.

It is well with you guys, we appreciate ur input for the super Eagles, we had expected that u won the AFCON cup but that's Sports for u. At times u win, at times u lose. We win together, we lose together.

Leave am make e dey make mouth.
Until men run enter am for social media

Kenochi:
Kill off the parallel market and allow all dollars to go through the banking system only
I was informed that Nigeria is the one of the very few countries in the world that has a parallel market
A friend told me a funny story, he said he was explaining to his friend who was not a Nigerian this double rates and the guy kept asking why we have such operations
Also,with this new rule of collecting all dollars in naira,some illegal operations will just collapse
I don't want to mention anybody but these group knows themselves

Shut up your sillly mouth.
You have not gone anywhere. There is parallel market even in Dubai, malaysia, China etc.
Nigeria govt is a failure

atiku4President:
It means that if you have, if a bank has cash less than 20% of your money and it's going to 0% and you don't have need for it, maybe you have people in the abroad you can rely on, you can call them and find out what's really the problem with the exchange that makes it impossible for the naira to dollar rate to crash beyond what the masses can explain in their little way.

This is the dumbest explanation I've ever heard

CaptainZubi:
The military stands by all good citizens. Kindly exercise patience while terrorism is totally wiped out from our beloved nation.

Did you see the way they butchered that guy?
And you say exercise patience?
For how long?

Don't try it bro..
If you do, better come back to Nigeria and marry a younger wife.

Zonefree:
Must be skit.

No African mother will reject a successful son unless she's a witch.

The joy of every mother is to see her sons progress.


So, a 22 year old 200 level student should be broke and poor in Nigeria?
I bought my first land in 300 level.

This is the problem with Nigerians. The reason police profile a young boy driving a car as yahoo boy.

Young boys are making money without yahoo. Yahoo is not the only means of making money online.

As a student, learn a skill while studying. Don't always depend on your parents.

audio land

mastermaestro:
I didn't want to sound sadistic. You don epp me.

Lol..
Even for free, I won't collect that yam

Rrchrd:
Bc you don't know what is it used for

Bro...
My mum sells yam.
I know everything about yam.
Water yams are mainly for diabetic patients

This is water yam.
Very stupid yam

MrBroke:
Sex is fun, getting a sloppy BJ is fun, playong games is fun, making money is fun, being the best or getting celebrated is fun and dancing too is fun don't get me wrong. But intoxicating yourself dancing at midnight is no fun to me.

[b]When I see niggas drinking beer at the beer palor, I tend to laugh and wonder what is the fun there, if dem at least use better peppersoup with meat or fish that might be called enjoyment but drinking beer is no enjoymen[/b]t

Everybody have different ways of catching fun.
They all mustn't catch fun on your terms.

MrBroke:
Same with me too.
How the fvck is that fun ? Na dem know sha

So what is fun to you?

Goooooooll

This one go gum taya

Those useless people demanded Nimc linkage

Yahoo boys don dey happy like this

What nonsense

AmotekunSW:
A dog from Ekiti or Ogbomosho is more important and has more rights in Lagos than all Igbos living and dead.

See this stupid pauper calling himself shop owner. Shop that will still get burnt and government will take over the land.

Cry me a river bro...
Come and burn it down na...
Osun pig. Poor man

AmotekunSW:
Every village failure hiding in Lagos has become an expert on Lagos affairs.
In your own state, how fast are the firefighters in responding?
That market has huge vehicular and human traffic. Maybe you expect the firefighters to fly.

I'm already a shop owner in your state.. I'm doing business in the said market... Stop crying you poor rat from osun. Osun people don dey claim lagosian

lhordspy:
Very quick, effective and professional.

Lagos is working and Nigeria is forging ahead.

The combine forces of Ethnic sentimentalists, treasonous media journalists, Religious partitioner , social-media validation craving yeyebrities, hateful souls and ignorant Endsarz kids; can never stop the shine.


I rather align with the winner that will always win, than sulk, whine, cry with the losers that will always lose.

If you see the damage this thing caused and how much time these guys wasted before coming, you won't be praising them

40Bullets:
APC touts well-done o

It has nothing to do with APC touts... As it happened in my presence... Access bank should be held responsible for the escalation of the fire..

The fire started at the top of the building (very small fire), Access bank near them refused open their door for people to gain access to the top of their building to put out the fire.

Nonsense country

thesicilian:
These people will give Messi any award just to prove that he's better than Ronaldo. But the fact remains that Cristiano Ronaldo is miles ahead. If he can achieve all he has done with all the resistance and hatred from FIFA and UEFA, then imagine the heights possible if there was a level playing field.
Even if they make Messi their lord and personal saviour it still doesn't change anything
Nonsense and it's ingredients!

FIFA and UEFA are governed by Europeans...
Stop crying in this thread