₦airaland Forum

emmanuelewumi:
Initial plan was to list Dangote Refinery shares on London Stock Exchange, but now he thinks it make Investment sense to list on NGX.

Why?

Because he is betting on the fact that Naira is currently undervalued and N1000 to $1 is possible soon

Iró ooo.
#1000 to $1 kee... Account wo ni kin ko iyen si?
Na to declare bankruptcy be that... Olohun maje

WriterrNg:
Nothing will happen if you strike their mainland.

They know Russia is watching, so if they use nukes on Venezuela, Russia will nuke Ukraine.

Honestly, they don't care if Russia nukes Ukraine back to stone qge

LordAdam16:
The annoying part is that while they're doing their financial engineering, they don't want the Global South to do our own financial engineering.
Very wicked enemies of progress.

China has been called a currency manipulator for more than two decades.
China lends money at less than 2% pa, they call it a debt trap.
When they offer chicken change from the IMF, they'll ask you to bring a unicorn's horn and want to dictate the brand of cereal your kids should eat.

-Lord

WriteerNg:
If China misses out on this opportunity to weaken their greatest rival the US, then no one's ever gonna take them seriously.

The US is the last stumbling block to China's great rise.

China can accelerate it by arming Venezuela to decimate US industries and cities.

I don't subscribe to Venezuela hitting US mainland even if they have the weapons. It would be disastrous for them.
It is not advisable to hit US mainland by any country aside Russia. The best weapon to bring US down is economics which china is already doing.
Avoid the dollars and create another system to boycott it by non-western block nations and see them crumble internally within 5 years.
It is far cheaper and less destructive.
There is too many dollars floating around the world that will cause hyper-massive inflation if they find there way back to the US without much countries absorbing them.
A 2 digit inflation of 10-15% per annum will bring her down to her kneels in a short time because the economy will crumble.
Most citizens would default in car, education and housing loans sending the economy downward.
West economy is been sustained by debt which means it has to be cheap to be affordable. Reason while we are running a cash based economy mostly in Africa and not growing.
Take a $200k housing loan payable in 20 years at 3-4% interest rate per annum. You pay back 20K principal per annum with $6k interest the first year - total $26k. For a husband and wife earning 5 to 7k joint per month, that is paying average 2k per month and reducing as the years go by. Total payable in 20 years is $266k
Now compared that to Nigeria of 20% inflation and 25% interest rate on loan, the same amount you will pay back $750k. This is suicidal and not possible. Reason why we have been kept down for long in Africa.
A 15% inflation/interest rate will send US down the pit IMMEDIATELY

LordAdam16:
Well, you see Sir Francken, WW2 occurred on the backdrop of a multipolar world.
Today, Washington still wants to believe we are in a unipolar world and that y'all can bear the consequences.
After all, y'all did print trillions from thin air during COVID.
Worse case, Russia demands their money back and y'all conjure $350B out of thin air again.

-Lord

It is this printing money out of thin air and over-inflating purchases/sales that is floating and giving the western block hedge over others.
It is not as if we are not printing also, it is not just acceptd out our shores thereby not having the luxury of spreading the debt/inflation on others.
Also, look at the headline that says Germany is purchasing $2b dollars worth of weapons from isreal. It is just hoax, isreal herself needs more weapons than anyone. US is regularly sending weapons to them. The aim is just to pad isreal's economy that has a budget deficit of $20b.
The Gaza war is costing them alot and there is no way to balance the budget. So one of the many mediums of boosting them is to buy over-inflated/over-expensive weapons that is likely not to show up, delivered a fraction after many years and also under-deliver weapons of $200M writing it off as $2b.
This is one of the ways the western block have been doing financial engineering and voodoo to keep others down.

goran3310:
An independent woman. What does that even mean?
It’s complete nonsense. It’s idiotic to even talk about that topic.
Any of those so-called “independent women” — I could instantly put them into one of the fairly common situations from my own life and watch them cry helplessly.

This whole story about feminism and “strong women” is the biggest stupidity imaginable — something only women could believe.

Come on, here’s an example:
Find the best-priced mechanic and a pair of rear brake discs for your car, and get it all done without being ripped off.
Then find a butterfly board that’s nowhere to be found — and buy it for half the price.
Go, earn money, save it, manage it.
Money. Property. Can you?
Sure — but maybe 3% of women can do that.

The other 97% are desperate.
And those 3% don’t even have partners.

Remember that story about that woman with a chicken farm, bragging about it?
Looking for a husband, setting all sorts of conditions, God knows what.
We all laughed.

Hello bro, I do enjoy your dairy.
You wrote that it seems war is going to happen in Serbia, why did you say so? What is brewing over there?

ChizzyBuna:
Statiaense go calm down smoke Igbo
Enter Twitter dey write rubbish

If oyinbo do this kind report, they drop link or reference of where and how the statistics came to be.

But Nigeria. They just smoke loud and begin to cook up imaginery statistics

richiemcgold:
Simply call them full housewives

Calling them women who have husbands with no earnings is a disrespect 🤥

Call the men full housewives?

dvkot:
you talk too damn much

I don't know why they are worried about how many Iran has.
The question is, how many does isreal and US have?

WriterrNg:
⚡Iran's Intelligence Minister:

More than 50 intelligence agencies participated in the 12-day war against Iran

More than 50 special services created a "NATO intelligence" and used it in the attack on our country, imposing a covert and hybrid war on us.

They tried to send all terrorists and takfiris to Iran from Syria and Afghanistan.

But, by the grace of the Almighty, we witnessed the victory of the Iranian people over the Zionist regime and the USA, as well as the strengthening of the authority and popularity of Islamic Iran, its people, and leadership worldwide.

Just imagine. Over 50 countries/ intelligence units and other services were used to support isreal all just to subdue Iran yet they failed woefully.
Both covert and overt operations.... Very very dangerous set of people.
Just imagine if isreal had won the war and decapitated Iran, their followers here on nairaland would have been foaming in the mouth like rabid dogs boasting about how isreal is the God's own country and no one can defeat them unknown to them, over 50 intelligence units or different countries, weapons, bombs, internal sabotages, massive bribing and spying, air fueling of attack jets etc that really did the dirty and background jobs for isreal would have all gone unnoticed .
I still stand to be corrected, these intelligence units and countries were all there to support isreal in all those Arab wars she fought against them likewise the war of independence because left to isreal alone, one on one, she can't defeat Syria nor Iraq alone

WriterrNg:
⚡Trump:

"Attacks against Venezuela will begin soon, and we will do so immediately."

And I ask, what has Venezuela done to be invaded? Is Venezuela a threat to US ?
Atleast, Russia had a tangible reason of invading Ukraine. So what is the main reason of causing a regime change for a country that is not a threat to you.
So if US invades Venezuela, who are those going to sanction them? Since that is what they and their allies did to Russia.
Is the UN and FIFA and other organization bodies going to sanction US or just keep silent and docile but Active and Agile when it comes to third world countries that wants to grow?
The earlier most third world countries pull out from these organizations, the better because it is obvious they were designed to subdue the interest of those who wants to grow at the detriment of the US and allies.
A country like US shouldn't be allowed to have nuclear bombs, even atomic bombs with the way they have been going round distablizing other countries.
A country that can invade another for a flimsy excuse as low as Bananas.
Again Bananas
Bananas ...... That is all and enough reason to invade another country.
Bananas.

Mrchippychappy:
Guy couldn't even maintain a professional posture like Davido and Asa Asika. Money no dey change some people at all! Grow up my guy, what's with sticking your tongue out in a picture like this?

LordIsaac:
When God wants to help His children to get jobs, He sometimes cause the place holders to japa. No where on earth beats Nigeria...no place!!!

nairalanda1:
World cup tickets are very very expensive

89500 naira for the cheapest for now. Final is even worse

This is $60 compared to CAF $10 group stage match.
Have they started selling the tickets? so that i can take advantage of it

Racoon:
Goodluck to all the qualified teams. As for Nigeria, gone are the era and enthusiasm of the Tunisia and USA 94, Atlanta(Georgia) 1996 Olympic and France 1998 Super Eagles. The present generation of Eagles left so much to be desired.

Many nigerians would use the world cup opportunity to japa and disappear.

Gerrard59:
How safe is Malabo? Like, using your definition and experience of safety, how safe is it (on a scale of 1 - 10)? Can one drive a G-Wagon without raising eyebrows? Are there police roadblocks here and there? Do their police harass young men who drive nice cars (regular Toyotas, not Benz)? Are there shootings and kidnappings?

It is relatively a calm, quiet and safe country.
I didn't go out much, mostly was onboard and guest house before going to the airport but from the little I saw, observed and mostly from what I heard from people I met who have stayed or worked there, it is an extremely poor country. So driving G-wagon will definitely raise eye brow unless you are in the top political class.
It is more or less a closed-ended country in that it is an island, which means regular entry into the country is hard and controlled - by air and sea (the port is heavily monitored from Bata and Cameron).
The president has been in power for ages so spies are everywhere trying to sort out rebels or those planning to topple the government by external actors.
As a caution, don't talk bad about their president nor trying to snoop around digging for informations about the president, political class or the country in general for too much else, they single you out for monitoring codedly. You can't trust those you are talking to if they are the government spies.
During the massacre when some factions were rebelling against the government, the government killed over a 100 thousand and over 1m were displaced to neighbouring Gabon who still love there till today to avoid clampdown.
A friend of mine who I met there who works for another company (he stays in Ibadan) was detained with 2 other of his colleagues just for strolling around and wanted to go to a beach close to the presidential villa with a citizen who was their guide.
The citizen was left alone while they were detained on the charges that they were spies and they used 3 weeks in the cell.
It took several top tier calls and intervention to release them after 3 weeks.
My friend told me many people he met in the prison were detained for flimsy excuses and have been there for long with no hope of being released.
In summary, they are hostile to outsiders, Nigerians a bit higher because of some little past issues we had caused.

Which part of equitorial guinea are you going to?
The island Malabo? Or the main land Bata?
If Bata, it is a dirty poor place with little to nothing to do but if Malabo, you will enjoy the place more as rich settler than a hustler because it is a small country.
The island is quiet, serene and lovely to stay if you have money but economically, there isn't much happening there.
Malabo is just as populated as Abeokuta or Ijebu Ode. About 500k to 1m people max.
So you idea of what am saying. The overall market you want to tap into is small.
I have been there twice

mysticwarrior:
The lady writes in similar way like kobojunkie.

africanusvu:
That's what deceived many, they only look at the take home salary but never knew many make five times their salary before month end
A truck driver in a Nigeria construction company even machine operators don't receive UpTo hundred thousand, but builds bungalow worth millions before Year ends, live big, buys cars yet if you no go, you no go know

Gbam!!!!

Gerrard59:
Married men are trying.

It is not easy.

Having few children is the ultimate solution. I cannot inconvenience myself because of children. My interest is to make money and enjoy life.

Gbam!!!!
Inconvenient myself kee.
For who? These nowadays kids? When my son once told me Daddy you need to learn how to take care of yourself because "knowing how to enjoy yourself is a SKILL" that was when I scolded him on using too much milk in a tea.
He says I am not enjoying myself despite working.
That enjoying one's self is a Skill which he has and I need to upgrade to.
Can you imagine that? Na my future beneficiary and next of kin be that oo.
The kind next of kins they are producing in heaven now... Hmmmmm

IbeOkehie:
You do know I'm Nigerian, right? An Igbo man? As in I can tell some of the history of slavery even in my hometown and other Igbo towns and villages? Helllooooooo Wetin be all this?

Na wa o. But is war a good excuse to sell a fellow Black African to strange White People from across the seas?

So if alien beings appear from outer space today, it's OK for countries at war to sell their enemies to those beings? Take it easy abeg.

Good Luck to Nigerians!

Bro, it is an old culture as old as humanity.
The Europeans sold captured enemies as slaves also - Romans, Spartans etc.
Arabs were very notorious in selling captured and defeated villages.
The movie Spartacus is a pointer.
Captured enemies were graded - strong ones to tend to citizens farms, some sold as slaves to tend to others farms elsewhere, the women are shared as spoilt of war, the ugly ones are turned to maids, the weak men are killed while the average guys are thrown into the rings to fight each other to death.
Life was/has never been easy. It is a continuous unending battle

onyxo76:
1 year ke, in my home with 3 kids, it's 3 months max and not everyday cooking of that rice o

Well, i don't know how you do it but mine is a family of 4 and we eat a quarter bag of rice in 3/4 months, half bag more than 6 months and a bag definitely will be a yaer or more.

llona:
She get sense no mean say she be suffer head. Pray for increased resources not someone that will help you manage the meagre you have.

Kenosky1:
Na Baba God hand most Nigerians de. 100K is one bag of rice and I wonder how a family can survive on it

I think a bag of rice is around 70k and a family of 4 will consume that atleast a year. So that solves a year long problem, you can now think of solving other problems with the remaining income

Makavelli001:
Hello nairalanders

I want to draw u people attention to what females are doing in our higher institutions.
I currently live in students environment close to a reputable tertiary institution in Nigeria.

When I see what young girls who live off campus do. I WEEP for their future husband.

How on earth would girls leave the rooms they rented, and go and live with their boy friend through out the years of their schooling as if they are married....IN THE NAME OF SCHOOL LIFE !
The guys will be bleeping them for FREE...

Then after graduation everybody go find their way.
THE SAME GIRL GO COME THE FORM RITCHO FOR MEN .

Man go still marry that kind girl....PAY her bride Price....carry am put for him house!

NA NOW I SEE WHY SOME OF MY FREZ SAY THEM NO GO EVER MARRY A GIRL WEY GO HIGHER INSTITUTION.

This is not a problem anymore.
Just assume you are marrying a divorce or widow.
After all, people marry them everyday knowing they have had several sex with their previous partner for long

CaptainJune:
Reminds me of the cryptocurrency crash many investors suffered recently.

37 million naira up in smoke. Trading and marriage are quite alike.

LordAdam16:
A country as populous and rich as China in an existential confrontation with the Hegemony must be eagle-eyed and ruthless.

Any official, however highly placed, that coughs at the wrong time should be escorted out of the building.
There is no room for complacency. The stakes are too high.

-Lord

seanwilliam:
Not to support your friend, but it’s very possible .
Infact, if he was trading future and he’s still able to come up with 38$ after what happened last week, then he’s a good person. 99% of leverage wiped out that day , the biggest liquidation ever in crypto.
Also if he’s into spot (which I doubt ) it’s still possible he lost it because some alts dumped 90% that very day and 99% of those coins have not recovered to that pre-crash point. ( don’t forget that recovering that fresh doesn’t mean profiting sha)😀
If he’s into Degen, infact i can bet my balls that the 38$ was from his pocket and not what your money remains 🙂. 99.9% wiped out that day.
I’m not throwing numbers around brother, check it out yourself.
His only mistake be say he didn’t tell you the risk involved. Lol.To burst your bubble, 218$ in crypto is nothing in the grand scheme of things in crypto even if it means a world to you.
Collect that 38$, count your loss and move on.
He’s a good friend for even coming up with that 38$.
You for do am yourself if it’s easy.

Don’t ever give anyone your money to trade for you. Trust me , if he’s really making money from it , he doesn’t need your money. 😂 there are endless possibilities in crypto that you can flip 5$ to 1m$ (pun).😀



Welcome to crypto bro…📍

Waoooooo
Wiped outs plenty oooooo
I guess to ,any suicides will happen