₦airaland Forum

Lol, who owns a bank account that isn't Linked with their BVN or NIN? Long ago when you were opening the account.

ERockson:
Safe journey Mr President.

Let's handle your water project for you.

God forbid! If I had a water project, you would be the last person and I won't even at that to award you any of such projects. Your thoughts defines who you are and abundance of your thoughts are the things you say and write on social media. People should fear you and any other APC supporters

bobo Chicago first class oponu drug war lord

Yoruba enemies of the good governance of Tinibu. This government is doing great and we will vote them in again come 2027. These paid yoruba protesters should stop distracting the government of The bobo Chicago oponu kingpin

tsdarkside:
olomo ibo sharrap....

Oponu 30k defender e-agent

Tinimbum done go backyard go beg

Lumarstone:
Qatar has nothing to offer this country.

Use that one console yourself, since you decided to be comfortable in your shame and slave to 30k per month to be defending the drug lord Tinibu and his evil APC party

Alliswell248:
Oponu like those @ home.

Greet them for me....if they had trained you....u won't av the audacity to be calling a President oponu.

Animal...

Even you ma self na oponu come and beat me kikikkiki

Fearurcreeator:
See as body dey pepper una .. lolz

abi he dey sweet us as he dey pain you, APC e-agent of denudation

Alliswell248:
Like those that gave birth to you and failed to train you.

Animal from a harlot that a 100 naira gold circle could have gotten rid of....

How can a well trained child be bold enough to and be calling an elderly person oponu.? Very irritating. This Gen Z lacks manners..

🍵 🍵 Enough cup to drink ya tears kikikkiki. Oponu e-warrior

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.

Dey play. If to say na Peter Obi be the president, shey you for dey pray this kind prayer?

Tufiakwa, and to think that seun posted this low video himself is appalling

These guys think it's still campaign season. Get your asses to work bro.

While down here in Nigeria, our Governors and the Senate President are arguing if it's 30bn that was disbursed or not.

Yoruba lokan, remove all the Fulanis and put your emilokan brothers even though they are all round pegs in square holes, e no concern you

This contraption is not a country. E no go ever better for lord Lugard for him grave now. May God continue to punish him for forcing this contraption together

This is where the APC card carrying members should benefits because I'm sure they already know who to give those bag of rice for 10k, certainly not the common man, but I doubt the nairaland e agents will be given a fcvk

Yarimo, freestuffng, manavulturegrils, legendhero, etc.

You keep borrowing money to enrich the Chicago kingpin. Why is the drug lord never satisfied, despite all his ill gotten bullon van wealth ?

Malikdking:
You are a very foolish little boy
Look at those names up there and tell me the percentage of Yoruba, Hausa, and Igbo are listed up there…
You are so blinded by tribalism and filled with so much hatred that you people make it seems everyone and everything is against you..
Are you mad ?
It shall never be well with you for this useless comment…
Do you want to tell me there are no Yoruba and Hausa Obidients?
Let me tell you one thing, with this your stupid comment, you are doing nothing but spitting on the face of the Yorubas that supports and tries all they could to make sure Obi gets the presidency…
Do you read the news at all or are just being myopic and stupid?
Where are all the palliative allocations given to your governors or are those ones not from you people?
Stop being foolish and go get a life you boy!!!!!

For your information; I'm not even Ibo. Dan't cry sir.

Propaganda does not run a government

Your kpalasa phone no go gree run COD smoothly. Screen will be sticky and not flexible like iphone screen or Samsung screen

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.

Cry me rivers baby. Your government is simply irresponsible and incapable. Stop crying trying to heap the blame on others.

Supreme leader of the gangs

EreluRoz:


Do you people actually make money from this crypto true true?

I don't even take anyone into this crypto thing seriously, it's same as betnaija gambling to me and if not why is it only men that do the crypto thing and the very few women involved are tomboy?

Chai, you are too slow bro