₦airaland Forum

prinsam30:
u can say that again

The cut back sweet pass the goal because it's the cut back that removed the two Man U players defending and the Keeper out of position.

That Iwobi's cut back was a killer move before slotting home the 2nd goal. Superb goa!

EreluRoz:
God please we need your intervention , hear the cries of your children and direct our leaders right.

Please extend a good hand to your neighbors in need.

When. You were supporting Jagaban and shouting master strategist up and down you never prayed to God but now that you have seen how your emilokan has performed you dare turn to God. What a folly and irony of life. Don't worry soon, people will start using firewood to cook and children will start taking garri and groundnut to school as lunch instead of rice then you will all know how costly your mistakes are. Enjoy your Jagaban era😀😀😀🤣

We dey watch.

Oga minister, what's the minimum wage of the average Nigerian worker, cost of living and the rate of unemployment.?Where do you want the people to get money to save in their bank accounts from? Sometimes you these people who are on top I. Government talk as if you guys don't know the reality on ground at all.😡😡

iichidodo:
[color=#1986BC] I like thick girls...[/color]

You are in the spirit, thick with heavy backyard! Over sweet dey their body.

You better send that girl back to Naija and put her in public school where she be trekking to and fro school under heavy sun and rainfall. Let better hunger (owu) and stress cure and straighten her brain. She go know far with life. Send her to your relatives and don't pamper her with money too much. I have a friend whose son misbehaved while in London, UK a teenager who was into dope, he was brought back to Naija. By the time better owu tear am, oboy eyes clear and sun cure his brain until he finished secondary school. Before he was taken back to the UK for his uni. He later became a humble and honest boy. Dem nor tell person, body go inform her when time reach. Abeg, no time to check time oooo

iichidodo:
[color=#1986BC] Cameron girls have big booty...[/color]

They are very thick too

Wizpa:
First Time I made "First To Comment" since 2012 I have been on Nairaland.

Seun I await my certificate

Oga I bet Dr. Seun Osewa will go e you a BSC certificate. Not Bachelor of science but Binance Smart Chain 😄😄. Congratulations

EreluRoz:
Some of these doctors are psychotic , what a painful death. Some doctors should not be licensed because of their negligence and very careless attitude to human life .

RIP to her, no one can console the parents and siblings they would have to cry till they are tired. Very sad

Some of our doctors are demonic and evil. To be honest I am so surprised at the procedure. A mere pregnancy test to know if the late girl was pregnant led to her death as a result of sheer negligence. Painful death. Condolences

Those on the side of talbinos came from the black people of the horn Africa who got banished and the albinos moved to Europe to settle due to lease sunlight, my question is did their brains also become an albi o too that the hotel are so intelligent.

I dread wildcats.

What good will come out of it

Akeri has gone to sleep. No amount of sweet or bitter words will bring him back to life. Rest on till judgement trumpet is sounded

Rest on till judgement day.

Q stupid 30 yrs old man. Unto kpekus level u dey cut woman with cutlass like this. Police over to your crew.

Converting all your money into any crypto coin , token or USDT is a very high risk. People should know this to avoid premium tears.

Now every is free to air his or her personal opinion.

May God lead you and help you to succeed even I am afraid for you.😀

Hips don't lie! I leave it like that

I dey laugh in Isoko sha. See as dem dey yarn as if na dem dey print dollars and owners of almighty dollars Dey play😀

betshopagent:
I am telling you. South Africa is one of the most developed countries in Africa due to the white populace, but ,the black populace are the most dumb in the world.

You are very correct because I see no reason why a reasonable man will go and pee in another's shop at this time and age. The black SAs so backward and mean.

betshopagent:

U laff abi? Na to do am make he nor use am pees again, him body go swell up like bag of beans

Be nice to people even though some you treated good paid you back with evil, one could make you happy

This is when a carpenter is appointed to lead structural engineers in a building project

Who doesn't know this? I pity those who come online to be saying that the govt should clamp down on BDC operations and crypto. The govt is behind the scene playing Godfather because the gains are coming in dollars. Please online warriors don't be fooled, Tinubu is a complete street man to the core and knows how to play the mafia way

nairalanda1:
Yes, government should fight corruption, but at the end, it won't change the fact that thanks to chronic low oil prices, and borrowing as a result, and debt, we cannot afford subsidy, even if we did as you suggest.

So are of the school of thought supporting the govt move to clamp down crypto platforms? Will clamping down the crypto space give the naira a desirable value to the US dollars? We are all aware how bad the naira is doing against othe world currencies and not just the Dollars alone. CBN sells dollars to the commercial banks who in turn trade to BDC operations. Who determines the rate of the dollars to naira in the transactions between CBN and commercial banks before commercial banks sell to BDC operators? I am aware that you know how difficult it is for international businessmen and women to obtain dollars to carry out their various business

betshopagent:
That's what the xenophobia legends are known for . Let them try it with Nigerian; that prick would never rise Again. Such audacity. Village idiot feeling funky

Between preek wey nor rise again and preek wey nor pee again, which is worst?

nairalanda1:
1.Government cannot subsidise fuel to N200 and below, because they don't have the cash for it. 90% of our revenue is going to pay for debts, and then there is the fact that oil refining costs are always increasing, meaning more money has to be poured into subsidy.

End of subsidy is nigh, and has been nigh since Buhiari started borrowing to pay for the thing.

2.Same reason as no 1, we don't have dollars to defend the naira...because ultimately we ain't earning enough dollars.

3.LOL....we will soon have to meet IMF, especially if you understand the fallout of why we cannot keep subsides, and why we was forced to float the naira.

Oil prices are on the dip. If we want something from oil, we have to pray that it goes above 130 per barrel, and stays there for another 5 years.

Your govt must fight corruption seriously especially the politicians and office holders. State governors, senators and other NAasS members etc, central officials, CBN. Too much wasteful sending and looting going on. Nigeria is not a producing economy but a consuming nation. Let accountability and transparency be in place. If at all the government wants to stop fuel subsidy, it should be a gradual process not something to be done harshly and hurriedly. The govt of the day is making too many economic policy mistakes.

jeejo:
I understand that what I am about to explain will earn me insults from a selected few individuals because the same culprits are active here on Nairaland, so I am ready for that as well.

If you go to Binance P2P, there is a heavy manipulation going on there, and from my deductions, most of the big Binance P2P Merchants are united in carrying out this manipulation. Some of them even have over 2 Million dollars worth of USDT in their Binance P2P Funding which begs the question whether these people are truly Nigerians or probably foreigners making money from destroying the Nigerian economy.

Many people might not understand the strategy these merchants use, therefore, I will try to break it down.

This is how the manipulation works:

1. Lets assume that the Naira to Dollar is currently exchanging at the Parallel market for 1,500 Naira. On Binance P2P, the group of Merchants will create multiple fake ads claiming that they will buy your USDT for 1,700 Naira(way above the parallel market price). I call these ads "fake" because they will set a minimum limit above 5Million naira, which means if you want to sell your USDT to them at this exorbitant rate that they created, you must be selling a usdt value worth over 5Million Naira at once. This strategy works in filtering out majority of average Nigerians that want to sell their USDT to these Merchants. Meaning these fake ads will remain at the top of the p2p "sell" section for as long as these group of Merchants want it to remain. And if by chance someone who has enough USDT to meet the minimum limit decides to sell to these merchants, they will simply cancel the trade, and create another ad.

2. Now because these group of merchants have filled the P2P "sell" section with these fake ads claiming to buy your USDT at an exorbitant rate of 1,700 NGN, they have automatically shifted the P2P price of Naira to USD to 1,700 Naira, and now they will be selling their USDT to the public under the "buy" section above 1,700 Naira. Now - unlike the fake ads they created with a minimum limit that is above 5Million Naira to discourage sellers for selling to them at this high rate - when they are selling their USDT at this already manipulated price, you will find limit as low as 4,000 Naira because they want to sell to the Public at the exorbitant price they created.

Binance P2P is the new AbokiFx where BDC operators get their current price of Dollar from. The fake price originating from there is in turn used by the BDC operators to set their Dollar selling prices even without any corresponding demand. But the interesting part is that these BDC operators won't buy from you at any rate close to the exorbitant price they are selling the dollar to you.
Here in Benin city, even though the parallel market price of Naira is above 1,600 Naira, the Abokis hardly buy your dollar for above 1,500 Naira but they will sell to you only above 1,700 Naira.

Some people might argue that if Binance is to blame, how come the official exchange rate is now above 1,500NGN to 1 USD? The answer to that is simple. Each time the rate in the Parallel market moves up, the CBN is forced to also adjust official rates upwards in order to close the gap between both windows or else the black market rate will be too wide that it will create an irresistible opportunity for round-tripping.

There is a huge rot in the entire BDC system in Nigeria that I don't think this CBN governor has any idea how deep it really goes.

OP the naira free fall is caused by your govt and not any group of P2P Binance operations who create fake ads. Tell your government to solve this by
1. Reversing fuel subsidy removal,
2. Stop Naira floating/devaluation
3. Reduce external over borrowings
End of story

christopheojo:
Stop the FUD!

if you call my statement FUD then no worries because I know it won't last as there is always a way out of it. I remembered a time that Twitter (X) was banned but we still found a way to use it with help of VPN, SOCKS and RDP. To be honest I am not worried about it.

Lawyer who is learned in the law having a minor as a housemaid and as if that is not enough, she abused her physically. Man's inhumanity to man.