₦airaland Forum

Good day guys.

Investing in our Nigerian economy which is prone to exchange rate variations with unstable policies and self induced inflation assisted by global inflation can be heart breaking at times. Reason being that whatever gains you seem to make from any investment gets wiped out by inflation and exchange rate driving up the cost of goods and services hence no mileage gained economically.

Considering that global economic recession is seriously looming around the corner in addition to our wonderful exchange rate fluctuations and inflation, is there any investment/business that MIGHT be recession-proof? Or at least which investment could retain its value after the possible recession at worst performance especially for investments in Nigeria.

Does real estate retain its original value after recessions? Should we have foreign currency investments? Businesses with good cash-flow, will they be safe? Stocks and shares are obviously not an option considering the current performance of Global stock exchanges and paper losses by world billionaires.

Macro-economics guys and investment gurus please come to our assistance/advice. Thank you.

MASTAkiLLAh:
ML 350

Any reason for preferring this option?

Psychokinetic:
Benz models from 2009 below are gas guzzlers. Add a bit more money and go for 2010.

Wow…. Never knew. Thanks for the feedback.

dedonfranco:
What ever the issue is......I'm buying one of them

My Luv for this car is unconditional

Lolz…whichever way, you’ll still need to get the best value for your money. Mods can you help push to front page so we can get some enlightened views and opinions from users of these cars. Thank you.

Good morning friends.

I have always being a fan of Mercedes products though I haven’t being privileged to own one. However, I’m at the verge of purchasing one for my self and need to make a choice between GL 450 and ML 350 both 2009 models.

Can anyone with experience on both models enlighten me on likely issues of both models and why it seems GL 450 versions are fewer on our roads. I appreciate your candid feedbacks from our legends in the house. Thank you.

iLegendd:
I'll deliver a lecture on how to find a sh!tcoin that'll change your financial life for good. Most gurus won't tell you what I'll expose for free. Stay tuned.

Or, maybe, should I just keep it to myself?

Pls show your people Sir...

maybachmusic:
Digital investment ltd





Name alone smells scam

Tell them to sit down and learn how to trade

Or learn the real stuff
They Wont
Imagine 500k running in a revenue share exchange and the interest

How does the revenue sharing exchange work?

franzis:
its between 58- 60 Naira

Contact for rates BTW 54-55 depending on volume. 2m RMB daily trading available. Friendly naira payment pattern.

flyca:
I just exchanged at 57, so kini big deal
This government wayo! Always telling lies

Contact me for rates BTW 54-55 depending on volume. You pay naira on confirmation of receipt of RMB usually not more than 30 minutes.

toluxa1:
E dey kakaraka! When naira reach N300 deal might migrate to 200k too.

I understand these are difficult times and as such desperate measures are taken. Its also permissive to sell an idea and make good money from it. I know this card you are talking of but then is it worth your 150k charge? Charge them (I will if am you) but please 150k is much. Pay no attention to people doubting is existence. Compliments.

Please I need $100 in my gtb dorm account. You can be of assistance let me know your rate. Thank you.

Please I need $100 in my dorm account in GTB. Who can be of hhelp let me know your rate. Its urgent. Thank you.

toluxa1:
Na to dey package dollar inside envelop send by DHL remain now o

Some people in some locations are already don't this. I term that madness. It's really annoying the way CBN and banks are handling this issue.

legalwealth:
I didn't say PayPal stopped that but was trying to tell you that PayPal now as well offer Wire Transferring.

You mean PayPal now does wire transfer to any bank. Is this option available only to US PayPal or other countries as well?

This has been reduced to $1,000 since last week and which makes the rate a bit high around 220/$. Kindly confirm again. Thank you.

Are you saying they can receive MG and WG straight in their bank account

aboki2000:
scam alert ....

Don't forget to report to the Mods or seun himself please. Thanks.

aboki2000:
what's ur problem ?

You can actually do better by replying my mail. Your BBM pin or Watsapp contact will do. Please don't be sarcastic. It's strictly business. Thank you.

arbitrage:
I have been getting my dollars at N150/155 through Paypal, Payza, Payoneer, Skrill, etc, and then straight to my bank account.

Big boss, you are well versed in this business. Can you put me/us through? Thanks in advance.

mavinc4u:
http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=NGN

I would like to know if they would deposit/transfer the dollar equivalent into my Dom account in a Nigerian bank since I might want to buy $5k but want to make use of say $3k for my online transactions. Just want to know how it works. Thanks.

arbitrage:
Go to quickteller.com and register, then log in.
Just follow the same steps of transferring funds by sending money to a bank account that you would normally follow when sending money to a naira bank account on Quickteller. The only difference here is that you will input your domiciliary account details instead of the usual naira bank account destination. That's all and it should be instant when successful. If network fails, try again later.

Thanks for the info. If I understand you, it simply means I can transfer from my naira account in First bank to my domiciliary account with GTB. Does it convert it to the domiciliary currency or is the transfer many from a Dom account in one bank to a Dom account in another bank. I appreciate your kind response.

Raymondenyi: Yu could contact him tru his mail. seventh_heaven_jp@yahoo.com

Also heard the seminar still holds tomorrow by 2pm at the aforementioned venue. Contact is 08089670864.
I guess our Mods should have waited for people to bring reports of the seminar before taking this action.

Her testimony is a quick reminder to the ageless recipe the holy Bible has to offer in such cases. Proverbs 18:14 says that a man's spirit sustains his sick body. Her actions further shows the reality of Proverbs 4:20-22 which says that the word is healing to an ailing health.
Fortunately these eternal truths can be applied in all facets of human life facing challenges. Thank God its coming from the mouth of a medical practitioner with first hand experience of the scourge of Ebola. No apology to people with no believe in miracles.