₦airaland Forum

crownprince2017:
I will like to ask the person that cited festival period as the reason for appreciation of naira, has festival period not being happening in the last 5 years, why is this different?
You may not like the personality at aso Villa but Good things can come from a bad person.

They did something and we are witnessing the outcome.

If it's turn ugly you will be quick to reference the new development that brings about that bad change but now that the results is positive, it's festival that caused it.

May God help us all, but there is no objectivity in that submission.

In another news our dogoro is on track to deliver goodies soon..

I wrote that statement and it's from my 2 previous experiences.
Last year, naira started appreciating around early November derailing my plans from the initial exchange rate i used for budgeting my projects but this year, i purposely changed the dollars earlier that will last me till January ending to avoid same scenario.

AuthorMan:
Accepting every demand from the woman you married because you love her portrays you as weak and foolish.
Deny her some of the requests even if she wont speak to you for weeks. It makes them know you are the man.

Gbam!!!

musicwriter:
Don't sacrifice your life for your junior ones (those that are girls are the only ones that need help. Those that are boys, you're actually not doing them a favor by not allowing them to start their life on time). But whether boys or girls, they'll still survive without you.

NB: Funny enough, when someone gave me this advice several years ago I thought he was the Devil.

Hmmmm.
I think our path crossed again about this issue.
I totally agree with you.
I am in this dilemma right now.
I have been the sacrificial goat of the family to solve all family's problem.
Do you know what I got back? What has he done and also more problems and entitled family members to the extent that after sending my brother to UAE to work, he requested we send his new girlfriend along too. Can you imagine that? He told the girl not to worry, that his brother and mother will send her to meet him in UAE. A 30 years old man talking like a baby but now, life don touch am well well, he now knows that meat wey you drag, drag wey no cut na him Dem dey call nama.
Boys generally are a big liability to families if they are not doing anything meaningful. Atleast, girls would be married off and take the burdens of you and Yes, if you die today and not there anymore, they will sit up and solve their problems.

Bina33:
In business take your percent and send the rest,don’t send voice note.

goran3310:
Not everyone is poor and sees everything through material values. You are probably always hungry.

Streetinvestor2:
I can bet on that going forward. It will be a graduall thing.Thr is no reason for it to have gone this far.I only pray to get more cash and position in some selected stock.What has happened to naira is like covid 19.It is what happens occasionally. Other devaluation has always been gradual thing. I expect things to begin adjusting to the reality and after that things will pick back...my opinion as street man.Alhaji refinery must have effect on our economy very soon

I doubt naira won't keep sliding against the dollars because of our huge dollar/euro bonds/loans.
They want to borrow more for 2024 budget deficits and 2025 budget is also planned for more dollars bond/loans raising.
I still don't know why countries are not managed like personal finance.
Naturally, you can't spend more than your salary else you will end up in jail or street and this is how country is meant to be run.
You have to run your budget according to what you have earned and forecast to end in a year. Not just borrowing to infinity.
If am earning 500k per month, the logical thing is to spend within my limit and if I want to collect a cooperative or loan from bank, they will run my present earning and give a fraction of what I will earn maybe in 5 years time.
10m loan payable in 5 years deducting 200k from my salary monthly. Not just reckless borrowing and borrowing from different parties - imo, world bank, afrim bank etc

megawealth01:
Naira has moved from 1740 to 1680 = 1$ as at today...

We are watching closely

It is because this is December.
Many abroadians are gradually coming home with dollars.
Naira always strengthen against dollars historically from November to early January then naira slide continues again.
Dollars is flooding the economy now

luminouz:
I thank my stars for the redpill.

I am normally a die-hard hustler on a norm but the redpill made me an independent dude. There is no how I'd stay with such a woman and not hustle harder and make more money or I'd rather not stay with her at all. The moment a man leaves his goals and dreams because a woman asks him not to leave her or whatever, just know that man is finished and the woman will punish him severely. I can count many men who had opportunities to travel out and because of love and mumu tears, they stayed behind and soon enough either the girls dumped them or traveled out without telling their loving boyfriends 🤣🤣🤣.

Weird right? Here is how a woman thinks:

If he can leave his success and progress to stay with me, then he is weak and easily controlled. Who but a fool will leave his path to succeed and rather be swayed by my tears, instead of PRIORTIZING HIMSELF. if he can be swayed by me, then other girls can sway him and he is thus not special.

A woman would cry and beg for forgiveness after cheating but if you forgive her, she will cheat again and again...why? Because she knows she shouldn't ever be forgiven for that and will think you foolish for not prioritizing yourself as the male, the alpha and the boss. Same as the guy who stayed with this single mama for love. Women don't reason like that for long. I once said it here that most men will see the hidden side of their wives if they provide nothing for a year and the wives pay all the bills. Women are not made to carry such burdens for long and their so-called love will evaporate like iso-ewa (beans scented fart).
The girl already saw him as a leech the moment he couldn't provide and she had more money. Lol...God forgive me but it is just 150k she dey earn now oh...what if it's one million? She go dey shiit on his head na.

Let me share my story.

In 2021... One nurse dey on my case. She begged me to marry her and give her belle. But I had reservations because I wasn't so buoyant and she had major character issues. This lady can abuse the dead for any little thing and abused her own mother in front of me. She got a job in the UK as a nurse and promised to bring me along...if I am ready to marry her. I bluntly refused and said I'm not marrying her. She went to the UK and came after 3 months to beg me again. I said NOPE. I knew that SHEGE PRO MAX awaited me if I ever let her sponsor me. I will not only suffer her emotional abuse but I will be disrespecting my own ancestors by thinking my destiny is only tied to her help and I couldn't make it without her. She went back angry that I refused. I thank God for where I am today which is 1000 times better than 2021.
It would have been a death sentence to move in with her, marry her, impregnate her..when I had no job. In Naija, she had only Nursing School certification but will keeping saying no man can control her and she can't cook on some days and I will follow her to the UK with that mindset? Or her fiery temper that makes her abuse even her mother?

So redpillers, hustle harder. If you have no option at all....you can consider her help but always hustle and keep hustling till you save enough to move out of her house. Women have very long memories of real and imaginary help they render. They will never forget every kobo spent on you but will ask you 'what have you even done for me' even if you had spent a million dollars.

I rest my case

You are really really strong and discipline bro.
I admire your courage.
Only few men will decline such offer.
If you had taken it, you would have really regretted it.

Kipaji:
What would you do in the place of the handicapped man?

You don't stay where you are not celebrated bro.
That is self-esteem and self-integrity.
No one can rubbish you unless you allow them to.
If am in his shoes, i would have taken a walk rather than keep disgracing myself.
If your friends feel they are doing better than you and start giving you attitude, rubbishing you, will you keep going to such friend house?

RandDigital:
There's overwhelming anger in South Africa that Nigerians can now easily enter the country. This was announced by SA President Cyril Ramaphosa during the visit of Nigerian President Bola Tinubu to South Africa on Tuesday.

South Africans believe Nigerians are responsible for the high levels of crime in SA.

This social media post below has garnered over 1.3 million views and over 1.7K comments in less than a day.

I don laff tire with their comments

HesInMe:
It is almost surprising, although somewhat understandable, how little people understand the impact of FX policy and devaluation. Oya, adjust your portfolio and its 1000% gains for currency devaluation, i.e., quote it in US dollars. Then compare with someone who kept their money in dollars and earned the average 25% gain of the S&P 500 index.

Result: You are a lot poorer than you know. But continue suffering and smiling.

Is the 25% per annum bro? Just curious

Case 2 -

A close church member who was doing fine during jonathan's era but things tumbled when buhari entered.
Started struggling financially and as if that is not enough, the inevitable of wife wahala in the absence of money followed.
Have experienced like 2 occasions where they were arguing furiously in my sitting room and almost beat each other.
The man always complain about little to no sex in the marriage.
Example, last year, he told me he can count how many times he slept with his wife which was just 4 times in a 365 days calendar year.
Not that he is not active or his dick not raising but his wife is just not interested in the sex.
She married him because he was doing fine then and not because she love him. Even when he was doing fine, she only gives him sex grudgingly and occasional after begging, begging and talking.
last year, they hard little quarrel as usual and instead of woman to beg so as to get weekly feeding money, she called a married man where she sells things at mechanic village to help her out.
Husband got to know later and it escalated......ever since, the marriage has gone south.
Husband took the case to pastor, called his family for meeting, called wife family for meeting, called neighbors, we friends to attend to the issue yet both husband and wife are not shifting their ground. No one ones to agree he or she is at fault.
To cut the story short, the wife has been receiving serious lashing from the outside man, infact she has gone haywire.
For a woman that always complain about not liking sex, now sleeping around and dem dey fork shege commot for her body.
The huband has been crying up and down. Always posting on whatsapp about how a good woman should respect her husband, a good woman should cherish her family and what she has blah blah blah..
I don't blame him though, he is suffering from self esteem due to being a bot handicapped...legs not balanced so he believes no woman will fancy him outside that he is even lucky iya Bola choosed him
Inside life

JESHAL007:
Scarcity and poverty na bastard
Men would lower their standards and settle down for anything even the worst of the worst

May we never experience events that would make us struggle in life

Amen

I have a God-son who i do send errands regularly and also do give advice occasionally.
Due to scarcity and struggling, he ended up dating a single mother of 1....A young man that was changing girls during his active days when still collecting money from parent and elder ones abroad to flex but after graduation, everything stopped.
Rather than calling family members for help and regular finance, now they scold him of being lazy and should be the one working and atleast giving back to his mother.
Life starts at the end of our comfort zone.......Going forward, his life started spiraling downward.
From a guy dating young hot girls to a man struggling and begging to tame down a single mother of 1.
Red flag 1...............................relocated to lagos for job search and staying with the lady.
On no condition should you pack to a lady's house to be feeding you and housing you.
Things started smoothly initially but as time goes on and he was struggling with a 30k private school teaching in lagos while lady selling okirika in market, she started drawing back.
Became moody, occasional mood swings, followed by closing legs ....no more sex followed by occasional outburst, insults, quarrels etc
I know how many times he has called me with tears, how he has sacrificed alot for the lady. How the lady was crying and begging for him not to dump her at their initial dating stage because she is a single mother and now, the lady went for a 3 months course in home care and working in Lekki as a house girl with her own BQ earning 150k per month.
Now lady is tired of him and says she is no more interested. He is lazy and unambitious blah blah blah
I just pity him

Relationship no hard, Na you wan date Jenifer.

Relationship is just like friendship too. You don't force yourself on guys who don't value you or don't want you in their click. The more you force it, the more they ignore you.
There are always women at your level or below you who won't give you headache for dating them but most times, we always see these ladies far below our taste or who we won't be proud to walk with in the public because we feel, our friends or family will be disappointed in our choice of women or taste.
So we end up wooing and toasting Jenifer for long, impressing her and even when we start dating her, we are always worried about her movement, phone etc. We are always scared of her leaving but sooner or later, she will leave and we become depressed and bitter.
Relationship no hard, na you wan marry Jenifer

ositadima1:
Your analysis is inaccurate because it relies on hindsight bias. While there is only one popular way to invest in foreign currency, there are multiple options when it comes to stocks. Selecting OKOMUOIL after the fact is biased. Instead, you should use something like the NSE index for a more balanced comparison.

Okay bro.

Let me redo the calculation using the NSE index and compare.
2024 = 97,000 and 2014 = 35,000. 10 years Cagr = 12% which will give us = 5m naira in 10 years.
My calculations are not totally accurate, just a guide or reference

EFFECT OF NAIRA DEVALUTION ON RETURN ON SHARES

The 10 years CAGR of naira/usd from 2013 to 2023 ( 160/usd to 760/usd) = 19%
The 10 years CAGR of naira/usd from 2014 to 2024 ( 180/usd to 1750/usd) = 29%
Which means, if you had converted your 1.6m naira to 1,000 dollars as investment in 2013 and changed back in 2023, you would have gotten 7.6m naira at rate of 19% increase per year or 17.5m naira in 2024 at the rate of 29% per year.
If you had invested the 1,000 dollars in dollar fund yielding 7.5% per annum (stanbic dollar fund rate), then it would have been 15.7m naira from 2013 and 36m naira from 2014.

if you had traded that same 1.6m in a fundamental sound stock from 2014 to 2024 e.g Okomu -
the 10 year CAGR from #35/2014 to #366/2024 = 30% per annum = 22m naira. If we factor in dividends yield of 5% for 10 years Cagr, then total return on investment will be 35% per annum = 32m

JESHAL007:
You tolerate nonsense because she's fyn, she's your spec, you endure her rubbish attitude, you endure nonsense because you are blinded by romance, you really like her that badly shebi, lozz z , you be foool


You go suffer shege

Na the word "shege" wey you dey always use dey sweet me pass

MuMuOnBail:
Na wa ooo


Thank god for people like me that is already married to a wonderful woman, she is my queen, my world and my everything.
She gave me everything including two cute, beautiful Stars and Angels worth more than gold, diamond, platinum put together.


I am so much privilege to F*ck all this generation girls, ladies, women and B!tches dastardly and bastardly (Married and Unmarried).

As I have been doing, I will keep on twisting, stretching and expanding their over used kpekus for their future yahoo and SIMP husbands.
I will keep cumming in their mouth, on their face, I will not stop to ravage their A*sses & P*ssies, I will keep on pressing and sucking out everything left in their bathroom slippers breast and render it milk-less for their unborn children. I will cum raw into their p*ssy get them pregnant and pay quack doctors to destroy their womb for their useless SIMP yahoo-yahoo husbands.

I will invite my friends, staffs and neighbors to ride a train on them (With their consent) After paying them very well!!
I will make sure their Kpekus become so wide like the Brazil Maracana Stadium

As this generation want to be useless. People like me will keep on making it happen

Hmmmmmmm

illicit:
I met one girl at church... Looks cool and decent

Kaduna girl

In this Abuja, do u wanna hear wetin she do last Christmas

😳

Wetin bro?

Abeg tell us

MrNipplesLover:
Real love died about two decades ago...

I've been a hoe hunter and runs girls fvcker over 2 decades ago cos I figured how today's gonna be...

My last relationship was in early 2000s...

If u can't foresee the future, u will be misplaced...

In the next 5 years, na runs go remain as the only lucrative venture to the girls...

The reason why people like me go continue to remain relevant to these hoes...

We go fvck ourselves tire...

TOPCRUISE:
Na mumu dey fall in love is the reply for their defense. Women love men whether they are crook or villain so far they have the resources that can intimidate others.
Later when this over-ravished fairly used ladies realize that they are no longer getting younger they will now want to settle down for a God fearing husband that doesn’t cheat while others will now give green light to that nice and serious dude they turned down his proposal years ago

Aye greenlight o ni daa... To hell with their greenlights

idahme:
It's not worse, the condition is both parties are already dating but one is willing to get married because basically whether she has something or nothing it doesn't affect her willingness to get married while for men it's usually not so that is why commitment is harder for guys than ladies. If the reverse is the case commitment will be harder for ladies than the guy.

The person who needs little or no finance is more prone to look for commitment because little is at stake while the person who has the money is more prone not to commit because a lot is at stake.

This is why even rich countries drag their legs to mingle with poor ones or accept open border scheme like what the African union wants because the poor countries will always flood the richer ones.
South Africa is one of the countries against African union open border program because it doesn't benefit her much while Benin rep, Togo, Nigeria are the ones cheering the program most.
I have the PDF on this but can't be shared on nairaland

Wealthoptulent:
So have you toiled to get one ?
You can check TEMU or Ali Express



once their Customer until i received my very fess Parcel
i dont think they ship to Africa

Is Temu not delivering to Africa?
Just bought two clothes from them yesterday and I hope they will deliver.

musicwriter:
I was 29 years old when our mother left. And ever since I became the breadwinner of the house.

But I had a choice to just carry on my own life, instead I sacrificed my own aspirations for them to make sure they go to school, feed, etc. Example; I wanted to take up a part time in UNILAG then, but couldn't just do that anymore.

I never knew what was called a girl friend as I actually lived like a parent already. I could have got married at that point but I didn't. I remember the same friend asking me to get married then but I didn't. He once told me that "if you could take care of these people, then you can as well get married now." But their upbringing was more important to me.

Long story short, when things went sour for me, those that are male vow that I've never helped them in my life. And they're living on their own now. Those that are female got married within a couple of years. So, at the end I realized they could as well survived without me.

Now, I have no serious interest in getting married cause I feel I'll be taking up a responsibility that I already passed many years ago.

Finally, it's not as if I regret it but the attitude of some of them today makes me seriously consider whether that was the right thing to do on my part

You know, your story touched me. Reason why am a bit cold nowadays.
They say I am very selfish now and self centered and Yes, I am and boldly proud of it.
I have come to realize that people are users. If you allow them, they will use you, use you and use you until you are left with chaffs and then they will dispose you.
Family oo, friends oo, pastors ooo.. all of them and at the end of the day, do you know what they will say? The same old statement - what have you done for us?
Have heard this many times from my Dad, Mum, girlfriend, brothers etc and now I am more focused on my life.
I roofed my parent building for them to relocate from face you and slap you rent apartment to their own house, bougth them Nissan Pathfinder, did many things, contributed in sending my immediate brother to UAE on work visa and many more and what did I get? What have you done.
I am patiently waiting for my dad to alter that statement again and he will be surprised how am going to explode at him.
You are a pensioner earning 50k in today's Nigeria and am giving you 100k extra per month aside pumping machine is bad, generator is bad etc that I do fix yet this year alone, he has altered that statement like 3 times saying people always think am the one feeding him - is it your salary feeding you?
I don't know why people are so ungrateful by default.
Have heard my uncle's alter that statement to my mum after all she did to bring them from village to city and have heard that statement said to me too.
It is a crazy world

queenkaylio:
VISA ALERT WITH TIMELINE

June 6, 2024
I submitted application for Visitors Visa together with my wife. I submitted it online on the IRCC Portal

June 7, 2024:
I received Biometric Submission Letter for both of us. Note that I used my account to apply for my wife and I.

10 June, 2024:
We submitted Our Biometrics ar the VFS office in Abuja

******VERY LONG PERIOD OF SILENCE******

25 November, 2024:
Visa approved on the portal and Passport Request Letter as early as 5:30am

25 November, 2024 by 11:30am:
My wife and I submitted our passport at the VFS office in Abuja

27 November, 2024 at 2:45pm: We received notification of passport Collection from VFS.

28 November 2024 at 11:30am: We arrived at the VFS office in Abuja and collected our passport.

**I was given 10 years. My visa will expires in 2034

** My wife was given 2 years because her passport had only 2 years left before expiration.

Thought it was a very slow process that took us about 5 Months 3 weeks, the final result was worth it as I won't need to apply Canada visa again till 2034.

NB:
** It was our first Canada visa
** We Visited UK once last year and still have 2 years valid UK visa in our passports.
** We recently visited Australia in February this year (2024) and had a 1 year Australian valid Visa.
**We've also visited Turkey, Dubai and Maldives in 2022.

Hope this timeline can help someone.

Congratulations bro.

How did you get the UK 2 years visit visa?
Really interested

motayoayinde:
E be like say na small difference dey between the Syrian army and the Lebanese army.

Many of these countries are not different from our own Liberia, seriea leone, Gambia.
Even isreal itself is not different from them.
Stop the huge funds and weapons going there and see isreal turn to a shithole trying to sort her bills and struggling to fight off external bodies

papyjaypaul:
When manager made us work late at night only to wait for his wife to meet up then we can close.

Any company where you cannot leave when it's time to leave until oga goes is not a company, you are the one keeping them company.