Business › Re: One Month After AbokiFX Shutdown, Naira Fails To Rise by egoldman(m): 7:55am On Oct 17, 2021 |
AntiWailer: Nobody expected Naira to rise just by shutting AbokiFX down. If you believed that, you are either ignorant, mischievous or just a victim of picking common thoughts on the street.
For Naira to rise, we need to manufacture and export. Reduce imports drastically and reduce our reliance on dollars then the basic Economics of Demand and Supply will kick in on the price.
The problem AbokiFX bring is speculation issues. it is one of the problems and others would be tackled accordingly. There are about 7 other reasons to be tackled. 1. Inflation rate. 2. Interest rate. 3. trade balance. 4. Government debt 5. Terms of trade 6. Political and stability of performance. 7. Recession 8. Speculations.
If you observe the list closely you will discover that the Govt's failure is responsible for majority of them and that is why there is no hope anytime soon. The decision which is a right decision no doubt, at best took care of only item 8. the 7 other monsters must be dealt with.
Many people asked several questions around where AbokiFX get their data from. There was no sensible answer.
Also a lot of people rely on AbokiFX to make decisions on how much they will buy or sell their dollars so let us take an example.
If AbokiFX continues operations and all of a sudden post #750 to 1 dollar (recall we don't have any logic behind the price they post), thousands of people who use AbokiFX to av an idea of how much they will sell will definitely not sell at 450 right ?
Even if people say they are mad, they will not sell cos they believed if AbokiFX says 750, it is likely close. The refusal to sell automatically impacts supply while the demand for dollars keep going up, price will definitely rise at a rate not steady.
Please note that this is highly intellectual. I will try and reply every mention.
If u don't understand, I can forgive you but if your response is only insult because it is too much for your capacity to think, i can also forgive you but will likely ignore you.
I agree it is not every time posts would be interesting like Squid Game or Tonto Dike vs Kpopo.
Nonsense. |
Politics › Re: Chikwe Udensi: Make An Igbo Man President In 2023, IPOB And ESN Will Die Off by egoldman(m): 10:43pm On Oct 16, 2021 |
sharpsecret: uwazurike handed over radio Biafra to mnk in 2009....nnamdi kanu started full broadcast in 2011 and ipob was formed in 2012 and Jonathan was president between 2010 to may 29 2015...he campaigned against the incessant killing by bokoharam terrorists and Fulani herdsmen invasion during those times and Jonathan did everything to crush them but it was seen as a fight against the north by the northern elites....after Jonathan buhari came and made the miyetti Allah group even bigger than a Nigeria court of law and they started advancing south with their killing agenda....buhari also starteD marginalizing igbos...how can a group of tribe go to another community and rape and kill women and children and u expect us not to want separation from them...u are a fool In addition, Buhari sent in the army as an operation python dance to the southeast against ipob when it had no weapons and killed no one, that military operation and the one that invaded the family home of Nnamdi Kanu was the trigger for the violence we have in the southeast today. |
Politics › Re: EFCC Questions Kwankwaso Over ₦10 Billion Pension Fund by egoldman(m): 7:51pm On Oct 16, 2021 |
Lovenorth: That one is a PDP looters issue. Majority of PDP members if not all are thieves When will they invite the one that was caught on camera stuffing bribery dollars in his babanriga pocket? |
Politics › Re: Buhari’s N20b Budget For President’s Medical Unit Exceeds 14 Teaching Hospitals by egoldman(m): 2:57pm On Oct 14, 2021 |
Blackfire: A man with good heart
Our darling president
North2023 Almajiri, as if Buhari know you. |
Politics › Re: Buhari’s N20b Budget For President’s Medical Unit Exceeds 14 Teaching Hospitals by egoldman(m): 2:55pm On Oct 14, 2021 |
effort1: Sirjamo, mannabbgrills, Tinubuadvocate, madridguy, can you pray that God should handle your life the way Buhari is handling Nigeria?
Every evil you defend will haunt you, all of you. Your children will also eat the fruit of your wickedness to full measure. Amen. |
Politics › Re: Ifeanyi Ubah Stopped By Traders From Campaigning At Alaba Market: Video by egoldman(m): 1:23pm On Oct 14, 2021 |
Superwave16320: Nothing in the video shows Ubah talkless of being stopped. Just pass, the video was not posted for your type. |
Politics › Re: ‘it’s Sabotage’ — Lawan Tackles MDAs For Failing To Defend FG’s Loan Request by egoldman(m): 10:16am On Oct 14, 2021 |
Vaughanlanrewaj: So much for your failed upbringing when you use these ungodly and horrible words to cover up your inability to read and comprehend what was written up there.
If Lawan was like you at your age, cursing everyone whose life reminds you of the success ,perhaps your parents never had, and that hardwork and humility bring to a purposeful individual , today, Senator Lawan won't be a PhD holder and become a Senate President , despite coming from a humble background and obscure village in the northern Nigeria you look down on .
I don't need to meet Senator Lawan in person to know why he is a success today. One of it is obviously humility that you lack or was not raised with as a value .
Before others carry on with your arrogance and poor character, what Senator Lawan opposed is the release of the funds to the MDAs unless they defend it before the Senate. In the past, the MDAs would have even obtained and finished those loans before Nigerians know and now start using EFCC to chase the corrupt public officials up and down after they have looted it like some of the questionable loans at all levels of government today.
Your pride is so obscene that I cringe that a youth could be this proud and toxic at such a young age because you have the privilege to hide behind a keyboard . It's preposterous and that's why the future of this great nation can't be in the hands of ill mannered toxic youths like you. For you to call Senator Lawan a success means the word success must have another meaning, this man has been approving all manner of bills especially with regards to loans that will impact negatively on the present and future generations of this country. Anyone who sees Senator Lawan as a success is heartless in my opinion, is it that you don't see the harm this man has caused this country including your very self, with the way he passes stupid anti-people bills. |
Foreign Affairs › Re: North Korea Soldiers Smash Bricks & Bend Iron Rods In Combat Display (Pix, Vid) by egoldman(m): 9:29pm On Oct 13, 2021 |
The only man who does not fear this guy na his tailor. |
Politics › Re: Pandora Papers: Sambo Dasuki Family's Secret Deal & Leno Adesanya by egoldman(m): 8:34pm On Oct 13, 2021 |
uptimum123: Which way my naija people
If not for President Buhari, this country would have turned to syria. Are u sure Syria is not better than us so? |
Politics › Re: Zamfara Assembly Suspends Lawmakers ‘for Working With Bandits’ by egoldman(m): 12:11am On Oct 13, 2021 |
helinues: What have you guys done about the incompetents you called leaders that are unable to tame the madness of UGM?
Always making unnecessary reference Unnecessary reference indeed, your fellow zombies are hiding in shame cos of this obvious nepotism, but you decided to make a show of yourself, continue. |
Culture › Re: Hananya Naftali Shares Eri Festival Moments Online by egoldman(m): 3:19pm On Oct 12, 2021 |
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Culture › Re: Hananya Naftali Shares Eri Festival Moments Online by egoldman(m): 3:18pm On Oct 12, 2021 |
TimeTraveller: "...The Igbo descendants of Israel"
If you consider that Africa is the cradle of civilization, then you'd see that Igbos have an identity crisis. How can Igbos be descendants of Israel, when Igbos existed before Israelis? How can Igbos be Jews, when Igbos had their system of religion before Judaism? Do you see the idiocy?
Yet, Igbos celebrate this nonsense as if it is an achievement. Igbo Jews? Laughable... How the matter take concern you? |
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Politics › Re: Boko Haram: 6 Girls Escape From Terrorists’ Camp With 9 Children, One Pregnant by egoldman(m): 2:48pm On Oct 12, 2021 |
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Politics › Re: Boko Haram: 6 Girls Escape From Terrorists’ Camp With 9 Children, One Pregnant by egoldman(m): 2:45pm On Oct 12, 2021 |
proxitaly: First thing first, they're all Christian girls from their names Secondly, Abducted October 2020 how did they manage 2 children or they gave birth to twins? If gestation period in humans still remains 9 months, October 2020 to June 2021 makes 9 months (that is assuming they got pregnant immediately they're abducted). How did they get 2 children in less than 3 years? Because by any wise calculation they should be pregnant with their second child now. As for those abducted May 2021 and they already have even a child hmmm!
You see these aboki up north running this country cannot even lie properly, little wonder they've run down everything. Intelligent minds have been excluded from the helm of affairs while touts and illitrates who couldn't even calculate common human gestation period are running this complex 21 century economy. It's like putting a 2 year old child in the cockpit of a passenger plane full of people... Oil dey your head bro. |
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Politics › Re: Ganduje Sacks Muazu Magaji, NNPC Project Director, Weeks After Praising Taliban by egoldman(m): 1:41pm On Oct 12, 2021 |
post=106672967: Reading And after reading comes the usual crap. |
Culture › Re: Hananya Naftali Shares Eri Festival Moments Online by egoldman(m): 1:35pm On Oct 12, 2021 |
post=106672839: Beautiful Yes beautiful, but are u Igbo? E get why I dey ask? |
Politics › Re: Railway Corporation Seeks N61.5b For Maintenance, Generates N1.13b by egoldman(m): 5:11pm On Oct 08, 2021 |
Shey this railways got lot of the loans we got from China? Now same railways has generated 1 billion and needs 60 billion, how can they generate money to offset the loans? |
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Celebrities › Re: Chiwetalu Agu On His Arrest: My Attire Is Not Biafra; It's 'Rising Sun' (Video) by egoldman(m): 11:44am On Oct 08, 2021 |
This American papa enjoyed his right of expression during Trump administration, today our nollywood legend is being insulted for demanding same right, it will never be well with you for supporting this evil.
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Celebrities › Re: Chiwetalu Agu On His Arrest: My Attire Is Not Biafra; It's 'Rising Sun' (Video) by egoldman(m): 11:30am On Oct 08, 2021 |
, what exactly is this man's crime? |
Crime › Re: Nigeria's Mafia, Cultists In Germany: A DW Documentary (Video) by egoldman(m): 7:11pm On Oct 05, 2021 |
slawormiir: Damnnn niggar
A life without ruggedity is not worth living but the need to use sense can not be over emphasized
And for those westerners and Europeans moda fuckkers...make them shut up
Always fast to label us bad in everything as if they are saint.....
What about Italian mafias....many Germans na confirmed cultists and drug Lords.....80 percent of Italians are into drugs...... Americans and Brazilians are number one when it comes to bombing and key boarding....but no body will dragg them out to label them bad
Most of the aza used by azamen are not owned by Nigerians....they belong to foreigners... Bro, I sent u an email some weeks back, but u no reply. e get why I sent it, do reply. |
Politics › Re: Senate Confirms Yahaya Muhammad, Buhari Nominee ‘Started’ School Before Birth by egoldman(m): 6:50pm On Oct 05, 2021 |
benuejosh: Fake News! Believe anything from SaharaReporters at your risk. Add your name to the lists, you deserve it. |
Politics › Re: Senate Confirms Yahaya Muhammad, Buhari Nominee ‘Started’ School Before Birth by egoldman(m): 6:42pm On Oct 05, 2021 |
Sirjamo: Sahara reporters
Oloriburuku media house Did they lie? |
Business › Re: Oil Surpasses $81, Nigerian Production Drops By 130,000 Barrels by egoldman(m): 6:35pm On Oct 05, 2021 |
Macphenson: , OIL IS AT $81 PER barrel. Tell the Failure in Chief he has no excuse now. oil price is relatively high and favourable now He will shift the goal post, that efulefu is irredeemable. |
Politics › Re: Burial Of Onwukwe Chukwu Obiahu, NTA Staff Who Was Stoned To Death In Kogi by egoldman(m): 12:09pm On Oct 04, 2021 |
Fejoku: I believe that given his job description, he shouldn't be stoned to death from the flimsiest of excuses but my point is the reporters should have stated the reasons given by witnesses as to why he was stoned to death. This is how news are reported for future sake. Many years from today, if reference is made to this news, no one will still know the reason behind his death just like we don't still know today. Got your point now, it's possible the journalist hurriedly sent in what he had to make sure his news company is the first to publish the event. |
Politics › Re: Operation Golden Down: Military Begins Movement Of Troops Nationwide by egoldman(m): 11:04am On Oct 04, 2021 |
helinues: Incoherent gibberish He made a point. |
Politics › Re: Burial Of Onwukwe Chukwu Obiahu, NTA Staff Who Was Stoned To Death In Kogi by egoldman(m): 10:57am On Oct 04, 2021 |
Fejoku: An poorly reported news which didn't include the reason behind the stoning that led to his death. This is a technical staff of a whole national TV station that was stoned to death like a dog. Shame on Nigeria Did NTA even show the sad news for all to see? Shame on Nigeria. Is there a reason that could justify the crime? |
Politics › Re: Burial Of Onwukwe Chukwu Obiahu, NTA Staff Who Was Stoned To Death In Kogi by egoldman(m): 10:54am On Oct 04, 2021 |
Spending123: Nah so you see am...had it been this incident happened in the East by now the media would have been broken into two,Ipob/ESN names would have been flying like missiles all over the media. Since it's matter concerning the north everywhere is calm..
Oyiboupdate Helinus Monogamy Officialgarri Onionbandit Suenmsg Juliusmellia Come and defend your one Nigeria. Dont forget the ever useless and provocative irritant Dead Vulture Griller |
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Crime › Re: Man Prays For A Thief Caught Stealing His Electric Cable Worth ₦70k by egoldman(m): 2:16am On Oct 03, 2021 |
Sirheny007: At this rate, giving the man 2k would go a long way to helping him than saying thousands of prayers.
Prayer don't cure hunger.  If they lynch the boy, you go say jungle justice, now he adviced and prayed fir him, still you dey yab the man, Nigerians, very difficult people to deal with. |