₦airaland Forum

PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?

is a teenager not supposed to be single?
25k is good, save it while improving yourself academically and of course skill-wise.

LibertyRep:
How long does it take for banks to block a card and issue a replacement again?

The issue is lack of trust and not necessarily the card.

it might not necessarily be trust alone, the boss might be masking his ulterior motives with 'lack of trust', the boss might go ahead and make transactions with his card only to claim the guy has defrauded him.

The guy initially shouldn't have created anything with his personal email, he should have helped his boss figure out his(boss) own login details and used the boss' ad account for the whole thing.

Now that it has gotten to this stage, he should go meet his boss at the office and explain things to him and suggest blocking of card as the best solution. Since the boss is not tech-savvy or obviously a dummy that can't even understand anything. If the boss is dumb enough not to remember his Password and dumb enough not to know passwords can easily be replaced by requesting to change old one, he won't have issues accusing the guy of creating all these problems so as defraud him(boss).

Block the card. And don't sign any stupid undertaking no matter what. Because that might your first step of going to jail on crime you have no idea of.

ThankYouGod:
The schools have their own cut on the textbooks. They will get the books cheaper from the publishers and add their own profit on them. They will also compel you to buy from the school and nowhere else.

I don't think it will stop. Corruption is everywhere in this country. Everywhere! Even in the family.

sometimes it's not even about the school having their own cut. Many times, the school rewrites their own version/edition of the books. That way, the schools take everything.

.

Paxxcarl:
Govt should Make dollars easily available to masses and designated banks

on paper this seems to be the solution but in reality it won't work because the problem is bigger.

See the demand for dollars is higher than what the CBN can supply. If the CBN lifts the limit already placed on the amount of the dollar businesses are allowed to get, the CBN would quickly run out of dollars which would result in a much wores crisis than what we have because there won't be a single dollar. Anyone available would be sold at a premium price.

The reason the CBN doesn't have enough dollars is because the country in general doesn't earn enough dollars. Remember a huge chunk of it is already being used for importation of crude oil products.


Baba the problem is big and it didn't start today. It's a result of the decades long mishandling of the economy.

EgunMogaji2:
How much for the GoPro?

go pro has been sold

jjman2322:
This is why a good business school is needed in Nigeria.. People dont understand Economics 101

First of all, CBN official rate is like 410, so converting any FX inflow to naira means you will get it at 410... Now let me ask you, your uncle in USA has $10,000 for you. Will you tell him to wire the $10,000 to nigeria for N4,100,000, or will you find a third party who needs to pay his supplier in China,India, and sell it to him for 550 (N5,500,000) ? This is whats basically happening.

As someone in the manufacturing, let me try and explain whats going on. There is severe shortage of USD. Lets assume you need raw materials worth $500,000 for the month, you may be lucky to get $5,000 in a month from your bank/cbn (through LC OR BILL FOR COLLECTION), so you now have to go to blackmarket for the rest.

Abokifx just publishes prevailing rate.. Abokifx is irrelevant when it comes to demand and supply.. Im too tired to explain more, but the solution is simple.. CBN needs to provide more USD to the big companies who need it, and the black market price (REAL DOLLAR PRICE) will drop..

The reason why goods are going up in prices (TV, PHONE, AC, FOOD, etc), even though officially dollar is 410, is because NOBODY IS GETTING 410, or even when they do its minimal.. Yes you can get PTA (Travel allowance) from your bank, but thats only like $4000.

The real problem is when as a manufacturer you need $1m.. Good luck getting that in 10 years....

There is real demand for USD from local companies here for at least $500M a day, and CBN is barely giving 10% of that.. See the problem

How much do you think NESTLE spends daily on USD, or Nigerian breweries... Quick example, indomie is made with tapioca starch, Potasium & sodium carbonate, sodium tripolyphosphate, riboflavin which are imported.. They must probably use $millions weekly just for import... So they go to black market = price jump in finished product... Hope i made some sense..

I'm glad you took your time to write this at least we won't have silly people insinuating absolute madness. The next problem is, does the CBN have enough dollars to give? If say the CBN starts selling as many dollars as needed by actual businesses, for how long would the CBN sell this dollar before it runs out of dollars?

Naturally, Nigeria (cbn) doesn't receive much dollars to satisfy the need of the market, that was one of the reason for the limitation in quantity to be sold.

TimeSpaceWizard:
Except you are into advance fee fraud, asking for all fx to be converted to naira and all dorm acct shut down as well as closure of all bdc shouldn't bother you.

Granted that Nigeria is not a net exporter of products which will organically strengthen the currency and you can't actuate export immediately but you can do something and that is what the immediate solution is.

I do not really care about about these yahoo yahoo ventures that much to hate you as long as your hustle does not affect mine, but be reasonable in your comment otherwise I will ask you how long you have been stupid, though I will keep that question aside for now until you respond again with bitterness.

That's when I will attempt to ask you how long you have been stupid

You must think everyone is as stupid as yourself and that is why you just like your illiterate in chief assumes everyone who earns USD or asks for the rate is into fraud. How dumb can an individual be?

Maybe I shouldn't have engaged a low life that should have been living in the caves, in the first place. Don't worry, even the FG that sell crude oil is into advance fee fraud. Don't you think so? Dummy

Buckeyemedia1:
Nigerians & hypocrisy, why must they get their information from abokifx, did anyone make them the official website for forex info? Naijas must always look for a scapegoat, whilst the truth is that the lazy population with no innovation have not been able to export their commodities for foreign exchange, & are always look for a scapegoat.

Should you be blaming Nigerians or the mishandlers of the economy?

The root cause of the high exchange rate is simple, we all know this but somehow think by the CBN fixing the rate would automatically boost the economy and by extension the value of the naira. If the CBN is sure thier crazy approach is working, they should allow the market fully determine the value of the naira.

Buckeyemedia1:
What concerns you with dollars, what commodities do you export for foreign exchange before you are asking about the price of dollars?

as a publisher that receives payment from foreign companines in dollars I deserve to know what it's traded at so as to not be swindled by folks like you

TimeSpaceWizard:
The Feds created a monster and fed it for decades and it becomes a Draco, and you think closing the bank account of AbokiFX is the best way to kill the Draco?

All you have to do is kill BDC and convert all domiciliary accounts to naira, and pay out all incoming fx in local currency.

Even when you do this, watch out how cryptocurrencies will soar.

In essence, it is not too late but almost too late.

do you guys even know the root cause of Naira having low value? You think converting all domiciliary account to naira would solve your problems? People are chasing shadows while ignoring the real problem.

Once again, nobody buys the naira. Nigeria doesn't export products to foreign countries that would require them to exchange their currencies to naira to buy. Nobody buys the naira oga.

Doing what you suggested would only create serious tension than the CBN can handle. E be like you and the CBN guy dey smoke same weed

alizma:
You don't know how their action can work against the CBN measures to bring the rate down.
About 80% of the people using the black market get information on the rate from their site, now that BDC has been stopped, it is illegal for them to continue to post rate for the business they are not allowed to run again but unfortunately this guys can use their platform to create artificial rise in the rate which will eventually create rush among the buyers and before you know it, the artificial rate becomes the actual rate on the street (black market).
The only rate that should be publish is the bank rate, whatever you get your own outside is your own business which you can share as an individual but not as an organized body.

you actually don't know what you're saying. Do you realize that currencies are actually traded?

lwisee:
Good move, most people sit behind their laptops, check the exchange rate on abokifx before giving you quotations.
The next thing you hear is 'Oga everything is expensive now ooo
Even 1 dollar is now N560 I swear, you can check abokifx'

Government need to shutdown the website as well.

the question is, are the figures on abokifx false?

Secondly, are citizens not supposed to know the rate which the naira exchanges?

skarz:
how much?

145k
Slightly negotiable

Dialpad:
Dollars might end up at 700 by the end of the year.

My suggestion is simple, allow Nigerians to spend at least $3000 using their naira master and visa cards.

The rate will drop significantly, wonder why CBN have not implemented that.

why do you think it'll drop drastically? I personally think it'll skyrocket. Because more people would be spending dollars more and more which is actually what the CBN wants to curtail.

solaceTK:
My name is ThankGod Ani, I want to share my experience with Amgray Logistics, I started using them last quarter of last year, at the beginning everything was going well until around January this year when they couldn't account for a pair of shoes that was delivered to their office on the 23rd of December .I wanted to stop doing business with them but their boss Maltida called and apologized saying they probably misplaced it during pack up for that week's shipment and promise to take extra care in handling my goods subsequently. I let it slide, refunded the customer and compensated him well. Everything was fine again until 11th of May this year when I had many laptops delivered to their US office, among them was a lot of 3 HP EliteBook Folio1040 G2 laptops I bought for 701.93 dollars, this was signed for and received by Mr. Gomez, and just as they normally do they sent me the delivery notifications of all the laptops they received for me that day, including the lot of 3 laptop (I will be attaching delivery notification email I got from them that day). However, when my goods arrived the lot of 3 HP EliteBook Folio 1040 G2 were nowhere to be found, I quickly contacted them via email they told me they would look into the matter and get back to me, after series of email messages to them, I woke up one Thursday morning and saw a mail from them saying "your 3 HP laptops replaced" I asked them to show me the laptops so l will see if they are the exact laptops, they told me they already moved it to their shipping warehouse that I would see them when l receive them. They charged me 47k plus for the shipping, when they arrived behold they were mainly scraps, 1 working HP 15 AMD Laptop, 1 dead tablet laptop and 1 HP 840 G3 Scraps that has no screen, no battery, no RAM, and no hard drive. I was very upset, I sent them a mail expressing my anger, but got no response, I sent Maltida messages on WhatsApp she told me she was not feeling well that she would call me, after 2-3 days she called and said she was not aware of the laptops they sent me because she had been down and that the 3 missing laptops that they probably mistakenly put them in another persons package, but she would personally get 2 working laptops and send to me and promised that they would not charge me for the shipping, I asked her to give me a shipping credit instead, but she refused and said that l shouldn't be angry and that it will not happen again. They sent 1 HP 15 AMD laptop and 1 HP Pavilion 14 laptop as the 2 replacements she promised. However, while we were still on that, they again misplaced another laptop, An ALIENWARE M15 I bought for 937.54 dollars delivered to their office on the 24th of June signed for and received by Mr. Seun alongside a DELL laptop. They sent me their delivery notifications as usual, however, they put the Dell in my box and made the Alienware disappear. I contacted them, they told me they received 5 laptops for me within the week of shipment whereas it was 6 laptops that delivered for me within that week of which their delivery notifications email attest to my claim. when the 2 last replacement laptops arrived, the HP 15 was working, but the Pavilion 14 would only turn on but shows nothing on the screen, amazingly, they still charged me for the shipping. I contacted them
venting my anger once more, Maltida called me and requested that I send all the laptops they sent as replacement for the lot 3 HP EliteBook Folio 1040 G2 back to their Lagos office. I Packed them up and sent them back to Lagos and was charged 5k for the warebill on the 24th of July, their Lagos office confirmed picking them up on the 26th July, since then till now they are yet to refund me for the 4 laptops that they took totaling 1,639.47 dollars not to talk of all the money they charged me for shipping those scraps to me totaling over 70k. They even stopped responding to my messages on email and whatsApp, Maltida even blocked me on her own WhatsApp. On 31st of August after I sent them messages via email and WhatsApp informing them that l would take any action l deem fit to recover my cash from this Septmeber, I was called by a man who said he was Maltida's husband telling me to exercise patience that they would refund me, which was the
same story they told me on the 26th JULY, I insisted that he gives me a date this time, he refused and even threatened that the worst l can do is go on social media, and if I do so, he can even claim that they didn't receive those laptops after all it will be my word against theirs ,but he forgot l have all the evidences including pictures, short videos and even audio recordings of our conversations on calls. He even pointed a case of Adelove shipping how he folded with some people's money and nothing happened. Are they planning on doing same? I will attach some of the screenshots of all the things l said above. And whenever, more evidences are needed l will present them for all to see .

I ask again, Amgray logistics, where are my laptops? Abi una don scam me?

Pradit
Tabbaz
Puskin
Dominique
Semid4lyfe
Dragnet
Debybeautyworld
Marieso
Yellow

it's a shame that Amgray that I used to trust with all my goods could stoop this low to start stealing people's goods and even threatening them. That's a big shame and am very disappointed. No more recommendation as this has turned into a fraudulent company obviously.


People had their reservations I never believed until this. Too bad.

They must return the goods or pay the affected customer. This has to go viral

MVLOX:
There are human right Lawyers who will take up the case for free all in a bid to get themselves into limelight.

See if we continue to chicken out and let things like this go, it only emboldens the Nigerian Police to commit more atrocious acts.

I on my part have tried it and I saw how afraid and helpless they looked. After that incident they never forget my face give me the respect I deserve as a citizen of this God forsaken country.

that's good to know your case turned out fine.

MVLOX:
Get a good lawyer and sue the living daylight out of the police....

where do you live? I'm sure not in Nigeria.


Suing them would only cost him money and if not careful more harassment and accusations by the police

henryobinna:
Wh-1000 xm4 still available

Still available at a discounted price

DaDevin:
Still available??

yes, still available send me a whatsapp message on 081eight02six9six08

heniford2:
Dude done use weed and acoh kill himself nawa

but he has always been like this or even looks much better now.
I'm not saying he doesn't smoke weed neithet do I say he doesn't drink, but there's no noticeable sign that those have impacted him negatively as you implied.

henryobinna:
Brand New Sony Wh-1000 xm4 Still Available

Sony WH-1000XM4 Headset Still Available

henryobinna:
Wh-1000 xm4 still available

Sony WH-1000XM4 Headset Still Available

SOLD

Sony WH-1000XM4 Headset Still Available

SOLD

Sony WH-1000XM4 Headset Still Available

Muchmore024:
At what rate did you buy a $

520

Not from the bank though

lalasticlala:
Why is it not on their page, social media accounts?

it is actually true. I was told same/similar thing by access bank

Okoroawusa:
Upon it was well stated that this info is for "cumulative cash deposit" in the post yet some ignoramuses are foaming from the mouth.

What is going on with youths of this generation? Someone recently said that if you want to hide an information from Nigerian youths make it more than one paragraph.


We are in trouble in this country o!

you apparently don't understand anything yet you're insulting others. The people complaining perfectly understood what cumulative is.

iwaeda:
Bankers in the house, does this affect?

I was at access bank days ago to deposit and I was told the same thing only that it is $5k per month instead of $10k. If you receive more than the fix amount as credit to your bank, it'll enter but you'd only be able to withdraw $5k per month max.

It is just stupid.

otosa:
I think this will stop those that keeping the largest amount of dollars in their account for long period of time without using it.

how does it concern anyone that they decide to keep their money as long as possible.

Kazim88:
Start getting use to such talk because many Nigeria girls that embraced Feminism never knew what they were entering... Now they have metamorphosed to sociopaths that thinks MEN are their enemies, MEN wants to finish them all.

The only problem is, With such mind set, How do you get married, How do train a boy child... Because the bitterness will be transferred to innocent and non assuming men around you.

Feminism, at least as presently practiced not just in Nigeria but all over the world is purely Misandry.

I hate it when some of you call out Nigeria women who identify as feminists, calling them all sorts of names thinking those in the west are any better.

Feminism today, as practiced or professed all over the world is Misandry. Know this and know peace. Also, any view that challenges any of their bullsh..it talking points is regarded as misogyny, which we all know is a blackmail tactics used by (feminist)women to shut men up.