₦airaland Forum

Streetinvestor2:
Really so we are copying China system by rubbishing naira.We learn new things everyday .

It doesn't favour a non-manufacturing / non-productive country.
Doing that will always lead to disaster for them.

megawealth01:
Una wan rub shoulder with the ODOGWU ni?

Lol.

Is it not the deliberate action of China to devalue their own currency? Something they have been doing for ages to keep their product cheap while US has been crying since yesterday for China not to do it.

Obyangel:
Let me be rich and be attractive to butterfly girls, than swim in cruel poverty in other to get imaginary mother of Jesus.

Poverty kills, disgrace, shorten life, makes you behaves madly, smells rotten and lose you mind, dignity, health etc.

God/Nature should bless us. Money good jare

Hmmmmmm

Oro nla

Bluebolt:
If you are Nigerians Spiritual problems like: step mother attack, heaven husband, vexing girl friend, village people, monitoring spirit etc na im must dey number one on this your list if you ain’t joking!

WritterNg:
⚡Trump:

I announced tariff pause because people are getting afraid.

Useless man

dermmy:
To be honest Russia and China ain't serious at all. They are not ready for multipolarism if they can't challenge and confront US on some issues. This Iran nuclear issue is an example. They should not allow US to always have its way. Who is America to keep dictating what Iran should and should not do after it was the same US who walked out of this working deal that the P5+1 inked with Iran.

Russia and China are part of the P5+1 for God sake so who is US to keep dictating among the P5+1? I think this was a deal everyone of them made with Iran. If US continue to go unchallenged this way then it will continue to disrespect Russia and China and see them as unserious and weak countries it could oppress. We all know how US use to defend and even veto any resolution that does not favour Israel in the UN. Anyway may be Iran is not important to Russia and China afterall.

Russia and China are very unserious. If they want a multipolar world where America shows them respect they should be ready to challenge America's decisions most especially this act of unilateralism. We don't have a multipolar world if America still thinks it can act unilaterally while seeing other powers like Russia and China as irrelevant. I'm beginning to think Russia and China even fear America. I am even amazed at how Russia is saying it would make sure Iran and US have a good deal is this about Iran and US or about the whole P5+1/UN? Very shocking to hear instead of you and China to keep challenging this act of unilateralism. Dem never ready for multipolarism.

Honestly. No country will take them serious if they don't protect their allies.
Someone said maybe Iran is not important to them and I ask, how many allies do they even have in the first place to be throwing Iran under the bus?
The more allies you have the better for you militarily and economically because your allies will always defy UN and US sanctions against you, they will always trade more with you than the west thereby boosting each other economically and reducing sanctions impacts on your economy.
Allies are a soft springboards for launching missiles or flying your jets to attack or closing their air against enemy missiles or closing their sea route against enemy ships etc
Allies are very very important because a tree doesn't make a forest.
If political leaders can't count on you to protect them against the big bullys if they protect your interest, that there is no guarantee from you their economy won't be destroyed or their seats won't be taken away from them and given to an opponent, then nobody will take you serious to come under your umbrella

WriterrNg:
⚡U.S. Treasury Secretary Bessent Warns China Against Currency Devaluation.

U.S. Treasury Secretary Scott Bessent has warned China against devaluing its currency in response to new tariffs, stating that such a move would be a “tax on the rest of the world.” Bessent urged China not to take this step and instead come to the table for negotiations.

Lol
It is not funny that the people constantly telling Nigeria to keep devaluing her naira that the naira is too strong and the same people worried and screaming that china shouldn't devalue her currency again?
That means no matter how good your predators plans are, it always have a loophole to exploit if you are wise enough.
The west know this but they didn't believe any nation will go that far to exploit it. They didn't see China coming
They didn't forsee the Chinese Factor

Gerrard59:
The manufacturers in Vietnam and including Nigeria are majorly Chinese. How many American companies have opened manufacturing facilities in Nigeria?

Why do you people think any country can out-do China in manufacturing? Labour costs are actually higher in China than Vietnam and India, yet companies prefer to manufacture in China because of its unparalleled depth of suppliers, technicians and engineers, cheap energy etc. This is a country that mints engineers every year with a ruthless work efficient system.

Jerry Eze said "What God cannot do doesn't exist". I say "What cannot be manufactured in China doesn't exist".

China is not Canada o. Seems you people are mixing it because of the letter C

ositadima1:
In another news, 2Face Idibia say him be toto mechanic.

Useless man.

Funny enough, there is a moniker on nairaland called totomechanic.

Gerrard59:
America isn't good at mining. They are only good at entering countries to disrupt where the Chinese are mining. The question is: why didn't they enter initially?

WriterrNg:
⚡The State Duma ratified a strategic partnership agreement between Russia and Iran.

▪️A potential U.S. attack on Iran could have dire consequences for the region.

▪️If an attack occurs, Moscow won’t be obligated to provide military aid to Tehran but will take all measures to resolve the conflict, said Russia’s Deputy Foreign Minister.

▪️Experts from Russia, Iran, and China are meeting in Moscow to discuss the future of the JCPOA amid the U.S.’s push for a military solution.

I don't like the way Russia and china are not protecting their allies.
If smaller countries can't have their back like the US/NATO do, then smaller countries should just leaves them and negotiate with US in peace.
China and Russia should know they really need allies. The more they have the easier it makes their jobs.
You can't fight these wolfs alone

WriterrNg:
⚡‘China did not build this Canal, China does not operate this Canal and China will not weaponize this Canal’ — Hegseth in Panama

They are really really serious with this china thing

FitCorper:
. When I hear guys saying they love their girlfriends and can’t do without them, immediately I know they have the scarcity mindset. Make urself ur priority and work hard on urself (hit the gym, learn a high income skill, elevate ur status, work on ur confidence and tidy ur hygiene+grooming) get these right and u will know there are still babes who approach guys even in Nigeria.

Exactly what have been preaching for a very long time.
If you focus on yourself and investment most in yourself, it will pay off by women getting attracted to you naturally

And this is why a man shouldn't waste too much of his time on a woman because what will be will be.
Rather, focus more on yourself so that even if you lose your girlfriend, you can quietly and swiftly replace her..... That is the power you have in your hands and it keeps most ladies excesses in check

GeeKudi:
The world must quickly come together to develop the vaccine for this virus before it eats too deep.

ositadima1:
Like I said here before, Trump is counting on the idea that the world needs the U.S. more than the U.S. needs the world. But this can’t go on for long—if it does, the resulting inflation that Americans will feel could be severe, potentially leading to mass protests.

There’s a reason international trade exists: it helps keep costs down. Without it, things are about to get a lot more expensive for the average American.

And by the way, if Trump’s logic is that the world has been ripping America off, then how has the U.S. been comfortably paying for its trade deficit? By printing more dollars, of course. In other words, America has been enjoying foreign goods by simply printing money. That’s wild when you think about it.

In other words, US has been ripping other countries off for donkey years by simply going inside to print more dollars when they need it. A leverage, others don't have.
Many third world countries had been experiencing double inflation for years due to dollars.
Firstly, local inflation from their national currencies.
Secondly, second inflation from their sovereign wealth fund deposit and foreign reserves in dollars due to dollar inflation and printing.
So while struggling to tame local inflation and devaluation, they are also regularly brazing for dollars inflation impacts regularly.
How will a country grow in such climate?

GeeKudi:
TRUMP is another pandemic!!!

Acidosis:
It's not just that someone earning less than 50k has the audacity to mock and belittle their partner's 500k salary. The problem is that the instant that woman earns even a single kobo more than her man, that marriage ends and never to be revived again.

Hmmmm
So true

Acidosis:
You are about to marry your enemy.

Vic2023:
🇬🇧⚡- "The world has changed, globalization is over, and now we have entered a new era," - Britain's Prime Minister's Office.

Lol.
Scammers.
So they determine when we start and stop things?
When we start and stop globalization if it doesn't go as they plan.
They determine when to stop using fossil fuel and switch to green energy and if that doesn't favour them, they switch back to fossil.
Scammers

Acidosis:
Your depth of insight is great, boss. Thanks for the exposition. Like using #49m to generate #50m and claiming you earn more than someone who used #2m to generate #4m?

Exactly bro.
Exactly

I don't know why people who are poor and struggling like adding more to their life.
You can't raise 500k yet trying to have 3rd baby, does it really make any sense?
Like, surfer no dey tire una?
At the end of the day, they start putting unnecessary pressure on a close relative or family member for help and start throwing jabs at him if he doesn't.
They will say he doesn't want to help despite having or are they not seeing the kind of car, house and party or vacation he goes to? So why can't he stop those things for them? Entitled people.

This is true.
I go to gym regularly and I know what goes on there.
Using myself as a case study, met a lady at the gym in February and from there we started flowing.
Later got to know she is married with 3 children........ Jesuuuuuuu!!!
If you see this madam, heavy duty, double exhaust............ In my mind I was just screaming Emmaaaaaaaaa!!! Your net don catch Arogidigba !!!!
Na Ajanaku enter my trap this time.
Hubby is doing fine. A manager in one of the popular companies in Nigeria but posted to the north.
Comes home every 2 months or there about.
The lady always bring different rides to the gym but then, something is just not right.
She always call me and chat me on Whatsapp. Asking when next I will be coming to the gym and she missed me.
From there it upgraded to using Dear, Babe etc when addressing me.
She is into biz while kids are in hostel.
Told me we should go out to see many places in the city and other things.
To make long story short, she asked me for a soft loan of 300k just the second time of we meeting at the gym.
Imagine, Just imagine that.
But your hubby is okay now. She said she wants to add to her money to execute some biz.
Told her don't have because I wasn't okay with the way things were going and moving so fast but had to grant her 200k.
She promised to pay back a week later.
Na the matter I still dey up till now since February.
One week is over 1 month with so many excuses.
I guess wan ti gbe mi ni handicap.
They don run me street.

immortalcrown:
Ironically, the business will start booming. Isn't night club booming?


Remove indecent dressing from anything and lose over 80% of those who fan that thing. Remove indecent dressing and many woman will stop morning road walk.

The company’s full-year revenue increased from N635.9 billion reported in 2023 to N1.04 trillion, marking a 63.83% rise.
Sales costs also increased, rising to N926.1 billion, an increase from N554.1 billion.
TotalEnergies Marketing Nigeria Plc reporting a pre-tax profit of N42.2 billion represents a 140.35% increase compared to the N17.5 billion pre-tax profit recorded in the previous year, driven by a rise in revenue.


2024 revenue is 1.04 trillion, 2023 was 635.9b
Sales cost / cost of goods sold is 89% of revenue generated in 2024 while it was 87% in 2023 despite a 63% rise in revenue in 2024
Profit before tax in 2024 is just 4% while 2023 is 2.7% despite a whooping 140% increase.
By the time you factor in tax, profit left to investors is next to nothing.
Infact, total has little or no room for mistakes, emergencies or economic downturns or shocks. It will literarily enter loss.
Very very fragile company with no room to maneuver.

Acidosis:
Tinubu government will finish you people with manipulations. What they won't tell you is that 635.9 billion in 2023 is bigger than N1.04 trillion in 2024 in dollar value.

Apart from that, you have to be an investor to be able to read between the lines.
Yes, they generated 100% revenue compared to last year BUT what many don't know and what the media don't want them to know is that their cost of goods sold (COGS) is literarily close to 90% of revenue generated.
By the time you deduct all expenses to generate that revenue, you are left with little to nothing.
Just a meagre 3% on profit after tax.
I had their shares before but had to sell this january when i saw the 2024 financial report they released. To me, it was a waste of time and money. Had to buy more profitable company's shares.

Kobojunkie:
I don't blame the hospitals for the mistakes of the man and his wife. As a matter of fact, I would recommend that the man be investigated to be certain he did not intend to kill his wife and kids in all of this.

Asonaijaaso:
“When America sneezes, the world catches a cold. But when American asset prices crash, dollar-dependent economies like Nigeria should brace for pneumonia.”

The Dangerous Illusion of Immunity

A quiet lie has been circulating in Nigeria’s high-end property markets — the idea that luxury real estate in Banana Island, Ikoyi, Victoria Island, Maitama, and Asokoro is immune from global market forces.

This belief is not only dangerous — it’s economically inaccurate.

Asset prices across the world — whether it’s stocks in New York or mansions in Lagos — are all connected by one common denominator: Global capital flows.

And right now, those capital flows are drying up fast.

The Global Crash is Already Here

In the last 6 months, the world’s biggest companies have lost trillions of dollars in market value.

Names like:
• Apple
• Google (Alphabet)
• Facebook (Meta)
• Chevron
• Exxon Mobil

…have seen their stock prices fall dramatically.

These aren’t just companies — they are global safe-haven assets. When they lose value, it’s not just about the U.S. economy — it’s about global risk appetite shrinking.

Why This Spells Doom for Nigerian Real Estate

Let me be clear — luxury real estate in Nigeria is priced in dollars, not naira.

It doesn’t matter if the transaction happens in local currency — the valuation benchmark is always in USD.

But here’s the problem:
When prime real estate in New York, London, and Dubai becomes cheaper due to falling global asset prices — why would any rational global investor overpay for a property in Banana Island or Ikoyi with:
• Power outages
• Infrastructure risks
• Currency devaluation fears
• Regulatory uncertainty

Global capital flows like water — always seeking higher returns for lower risk.

Gravity Always Wins in Asset Pricing

Think of the U.S. market as the gravitational center of global asset pricing.

When gravity weakens in New York or Silicon Valley (via falling asset prices), peripheral markets like Nigeria must adjust downward to avoid floating into irrational overvaluation.

If Apple — a cash-rich, globally dominant company — loses 30% of its value…
What should happen to an over-leveraged apartment block in Victoria Island with generator noise and unpredictable governance?

Simple answer: Prices must correct.

What Happens Next for Nigeria?

This is not fear-mongering. This is simple global economics.

Already Happening in Nigeria

We are already seeing warning signs:
• Rising parallel market dollar rates
• Difficulty repatriating funds for foreign investors
• Sharp slowdown in luxury property transactions
• Increasing “days on market” for high-end Nigerian properties

This is just the beginning.

Final Word: Patience Will Pay

Real estate markets often move slower than stock markets — but they always follow.

The Nigerian luxury property bubble is facing a triple threat:
1. Global asset repricing
2. Dollar scarcity
3. Falling local demand as incomes stagnate

No asset class is immune from the laws of global capital flow.

If you’re an investor — wait.

If you’re a buyer — negotiate ruthlessly.

If you’re a seller — brace for impact.

“Markets correct imbalances ruthlessly and without sentiment. Gravity always wins.”

Nice writeup bro

Alamkiir:
Abi madness has risen on you again? This is periodic madness. What I dnt understand is why you choose this thread every time your madness comes

Quelme:
Peace To The Fallen.

The importance of regular health check can not be over emphasized.

You see the following tests:

D- dimer
Troponin I
Renal function
Liver function
Lipid profile and full blood count

If you can't afford a blood work every 3 months, always ensure you conduct them at least once in 6 months.

Health is wealth!!! 🚦🚦🚦🚦🚦

Hello bro.
I understand some of the tests you wrote but can you explain further about the rest?

D- dimer - what is this test for?
Troponin I - And this test?
Renal function - I guess this is kidney
Liver function - I understand this.
Lipid profile and full blood count - this is more cholesterol and blood level.

Alamkiir:
Isreal airstrikes on gaza.
Do you understand what you’re seeing?

No, what is that?

Abufo:
you need a crash course on grammar........your english is atrocious! meanwhile book or bokku na faso , I have never heard off! Market square is far more capitalized than the 12 for a dozen stores ...wey yoruba they full for una towns and villages!