₦airaland Forum

OgogoroFreak:
Thing is, the "our own" needs to be able to at least, meet standard first.

They stopped importation of rice for us to "support" our locally made stone rice. To make matters worst, people started buying the stone rice cos they have no choice, instead of them to improve on the rice, they started inflating the price with no improvement at all. Same situation in almost all the locally made products in Nigeria.

I got some clothes from USA. The quality was just wow. I got some locally made clothes too but didn't wear them twice before I gave them out. Funny thing is, the locally made ones are even more expensive than the high quality I got from USA.

Quality sells itself.

chigo4u:
How come most Nigerians depend on remittances for survival
https://nairametrics.com/2020/01/11/nigeria-receives-17-5-billion-diaspora-remittances-in-2019/

GonFreecss1:
someone else posted about CBN limits on USD spending per month. That is not the policy of a body confident in the value of their currency.

GonFreecss1:
Hahahahahahahahaha!

All road pointing towards “it will end in tears”.

Theconglomerate:
And do you mind telling me that magic that has happened that will make the price of oil stay low for over a year or even drop more?
It has started rebouncing already as we speak.
The only thing that can frustrate crude is alternative energy.
Have you not been following the current wave of countries preaching to its citizens how they just have to learn to live with coronavirus?
Don't that tell you that economies will soon open FULLY,covid19 or not?

unite4real:
Behold another kalokalo instructions from CBN to banks and to us.

You can't even buy and pay for any phone over 40k Naira from Amazon or AliExpress right now.

Why Bitcoin no go dey jump

Sholapey:
Change that money to dollars and put it in usd fix income with fbnquest. Rate is 6% and above.

helinues:
I don't know about Amaechi oo, but if you are still asking about Osinbajo, it is either you just returned from Space or from Prison

Theconglomerate:
It can be true if you look at a particular situation critically.
There are over 40 million alumajiri in the north that basically lick plates after others have eaten and beg for akara and sing up and down out there,so how hard can it be to see another 42 million people up there that don't see up to 400 naira to feed daily?

Ugmama:
Google is also your friend bro

Ugmama:
82million people in Nigeria can't boost of 1usd per day

ahiboilandgas:
it an Ndic reports that 500k insurance covers 90 percent of bank deposits...a report says that their are about 10000 millionaire in nigeria (1 million dollars above)....80 percent reside in Lagos....dont know how true

Barrytone:
Fortunately, I still do everything I should be doing. My wife is supportive, I still run my educational foundation. I still support the less privileged, was able to send palliative to my village this season. They is nothing I wish God should help me achieve that I don't achieve yet I meet up my target before may every year. I don't pay tithe.

Enyinne:
If any woman wants to go into joint ownership of property , she should be able to follow up in all angles and protect her interest both in legal and family wise . If possible work hard and invest on your own as most men nowadays are looking for soft landing in relationship with opposite sex . I’m a victim , lost a property in ogudu bought 2012 cost then 12m naira for full plot , I didn’t follow up as I was believing my ex is protecting my interest . Later I found out he only used his name to secure the property even though I contributed 60% of the value. Now am wiser and better .#Women beware#

Freciprocal:
A lot of women are clearly beclouded by emotions.

The response of a few ladies to Pa emanuelewumi's question has shown this fact.

A lot are always defensive when it comes to questions that pertains to men and women. I can call this a "Nigerian factor"

Ladies that have been privilege to stay abroad actually have a different and better perspective, because by default oyibo mentality about women encourages female empowerment and financial independence.

Godbpraised:
Guys make una no vex, i wan digress a bit , would air travel return any time this year. i mean like flight from north america or europe to nigeria ?

emmanuelewumi:
There is also a reason why we have more women worshipping their pastors and religious leaders than men.

Statistics also shows that more women visit spiritualists and herbalists more than men.

Just as we have more men visit the bar compared to women

Theconglomerate:
Internet prices I guess.
Nigeria just discounted those things a whole lot as they have a lot of oil floating all over the place with no storage.
This was Thursday this week,even though there is a lot of optimism that prices might go higher a little for them this week.
Vessels used as storage charging their fees by the day.
There is one thing called quote and another thing called market REALITY.
You are not forced to believe me as I am not here to convince anyone..

zamirikpo:
Pls how do I check this daily, what's ur source. Becos PPMC dey dribble us .

Pms, AGO, price just dropped last week. The price change in naija does not correlate with the global price .

Theconglomerate:
Qua iboe and bonny light is Nigeria's two main category and it sells now for 10 dollars.
Sad situation for looters an the clueless at Aso rock and CBN

qmd24:
This is hate speech.
Please, leave DOCTORS out of this corrupt practice.
There is no reason why any doctor will connive with an unscrupulous wife for a token by inflating bills.

TotoNaRubber:
My people where can someone find better wife, the girl I've been chatting with on Facebook just billed me N3.5 million yes Three point five million Naira for iPhone business she says she just got a good dealers contact.

I neva even see her pant but she sounds like a nice girl, pls could this be a good investment or I should just keep sending her the usual N25K transfer every month and wait till road clear.

emmanuelewumi:
But it will be a major worry, if all your income goes to the same account and both of you are signatories to the account.


You will need her approval for all withdrawals and expenses

emmanuelewumi:
I don't think I need to explain to my wife why I need to give 100k to my mum, I don't need my wife to explain to me why she wanted to give 100k to an orphanage.

ukay2:
But we need to teach our children the disciplines we learnt so that it will be sustainable and generational.

Most children will wants all the goodies of life forgetting how parents built the wealth.

Some get squandered with bad influence in town.

ukay2:
Nawaoooo

Mother chopping child's savings

Quite discouraging.

emmanuelewumi:
I want to believe most of the women who frequent this thread are different from the average women in town

Leezah:
When not co-owned it goes to the woman/spouse.

seyisanya:
Just to add to Pa Emma's post, these rates fluctuate and one shouldn't just open an account with any of them simply based on their current rate. There was a time Stanbic MMF had the best rate, then AxaMansard, then FBNQuest. From my observation, on average, their rates seem to be very close in the long run.

Pascopele:
Rates are determined by the proportion and duration

emmanuelewumi:
As at yesterday these are the rates for Money Market Funds, with the three firms I have dealings with.

1.FBN Asset Management 5.3%

2.FSDH Asset Management 6.19%

3.United Capital Asset Mgt 7.23%


Rates are determined by the proportion and duration of Treasury Bills, Commercial papers, FG bonds and Fixed deposits, they have in their portfolios.


The rates are poor but still better than buying Treasury Bills, MMF are also more flexible