₦airaland Forum

RichlyOBS:
somehow

Now somehow. This one na real one

RichlyOBS:
he proposed to her already

The guy Don buy trouble already

Hmm this one that she done yarn you. My brother Abeg if you like yourself. Hmmm

Women and relationship na serious matter.

Dem no de use that one play.

But if l make ask did you promised the prostitute marriage.

If I were the journalist l would have asked those ladies if they have up-to such amount or have of what they are vomiting.

mandax:
Well, autocrash is an unusual scene in the countries that originally built vehicles because they obey the stipulated regulations for a vehicle to move in public places.


In Third and Fourth world countries like Nigeria, inaction of political leaders create scenes of autocrash like cinema houses.

U need to be in yaba left right now.

Inferiority complex issues is affecting you

SalamRushdie:
Inflation rate couldnt have fallen when one bottle of Cway just moved from 500 to 550 this week alone

Market traders go make gain na

Garrithe1st:
Bad news for PDP E rats.

Bad news for Ipob youths.

Good news for patriotic Nigerans.

Funny

Ifeanyi Onuba, Abuja

The National Bureau of Statistics on Thursday released the Consumer Price Index, which measures inflation rate, with the index dropping year-on-year from 17.78 per cent in February to 17.26 per cent in March.

Apart from the inflation report, the NBS also released five others. They are the cooking gas price watch, Premium Motor Spirit price watch, kerosene price watch, diesel price watch and transport fare watch.

The 0.52 percentage point drop in inflation is a relief to consumers as this is the second consecutive time in 15 months that the country will see a reduction in the price index.

The NBS attributed the decline in inflation rate to the early effects of the strengthening naira in the foreign exchange market, which has assisted in stabilising prices.

It said, “On a headline basis, the Consumer Price Index, which measures inflation, increased by 17.26 per cent (year-on-year) albeit at a slower pace in March 2017, 0.52 per cent points lower from the rate recorded in February (17.78) per cent.

However, the report stated that while the overall pace of inflation increase was slower, the rate of the increase in housing, water, electricity, gas, other fuels, education, food and alcoholic beverages, clothing and footwear, as well as transportation services was accelerated.

On a month-on-month basis, the NBS report stated that the headline index increased to 1.72 per cent in March, 0.23 per cent points higher from the rate recorded in February.

It added that the urban index rose to 18.27 per cent year-on-year in March from 18.57 per cent recorded in February, while the rural index increased to 16.47 per cent from 16.98 per cent in the period under review.

On month-on-month basis, the report explained that urban index rose to 1.76 per cent in March from the 1.52 per cent recorded in February, while the rural index increased to 1.67 per cent from 1.47 per cent in February.

For the PMS, the bureau said the average price paid by consumers for petrol increased by 10.1 per cent year-on-year and decreased by 0.3 per cent month-on-month to N149.4 in March from N149.8 in February.

Source http://www.nairausd.com/2017/04/inflation-rate-falls-to-1726.html

imperiouxx:
+ loanee - Crespo. AC Milan was a killer then. They hear ACM, they started shiiting their pants.

Y can type that again

Forza Forza Milano

Tazdroid:
AC Milaaaaann, my favourite club during the beautiful days of Ricardo Izecson dis Santos Leite aka Kaka, the club ain't what it used to be...a force to be reckoned with..

You forgot

Shevchenko
Filipo Inzaghi
Gattuso
Maldini
Nesta
Dida
Cafu
Stam
Kaka
Ambrosini
Pirlo
Emmanuelson
Seedorf

Oga Ancheloti

Etc the beautiful team.

I wouldn't forget seedorf goal against Man Utd in San siro

2rd leg

Hmm

By Chijioke Nelson

Read riot act to errant members

The directors of over 3,000 Bureaux De Change (BDCs) said they are now resolved to fully align with regulator to achieve the elusive rates’ convergence, at its strategic meeting today, in Lagos.


The meeting, which is expected to come out with strategic decisions on ways to force down dollar rates and narrow the gaps between official and parallel market rates, became necessary following last week’s sudden depreciation of the naira against dollar, which they said was against the interest of their operations and economy.

The naira closed last Friday at N405 to the dollar in the parallel market, after stabilising at N380 to dollar the previous week.

President, Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, said the meeting with theme: “Role of BDCs in Price Stability- Realities and Compliance”, will be used to warn erring BDC directors on the consequences of violating operating guidelines.

He said the BDCs will continue to support the exchange rate stability objective of the Central Bank of Nigeria (CBN) and also ensure that official and parallel market rate convergence is achieved.
Gwadade pointed out that BDCs helped the CBN to narrow the current exchange rate gap from N520 to present rate, and will continue to achieve better results as the CBN continues to fund BDCs with increased dollar allocations.

The ABCON chief, who said that BDC directors are the owners of the business, and should understand that they carry corporate governance burden, reiterated that they directly face sanctions when their operations run contrary to guidelines.

The ABCON boss said that BDCs’ capital is eroded anytime exchange rates go up, and naira is depreciated. “We suffer financial losses anytime the naira depreciates. We want a better and harmonised exchange rate,” he said.

He praised the CBN for giving each BDC $20,000 last week, adding that the funds will help to further strengthen the naira against the dollar.


Source@http://www.nairausd.com/2017/04/bdcs-in-fresh-move-to-force-rate.html

Are we this not Tonye from different mother and from different place

Tonye Nairaland =Political Analyst

Tonye Deeboi = Guinness breaker

Hmm Tonye you need to ask questions

DrGoodman:
And the government is using Niger Delta oil money o dig oil well in lake chad?

Na were confusion De show itself

olrotimi:
In the street you can't trust every smile you meet.

True talk

What is happening in this country from the happiest people to depressed people.

Hmm may God help us

Alisegun:
FU KI NI..

Meaning

Femi Asu
Nigeria is in the worst position among major oil exporting countries in the Middle East, Africa and parts of Europe to have balanced budgets this year, with oil forecast to average $52.50 per barrel, according to Fitch Ratings Limited.


The country needs an oil price of $139 per barrel to balance its budget, the global rating agency said in a report on 14 major oil exporting nations in the Middle East, Africa and emerging Europe.

The forecast break-even oil prices of other African countries, Angola, Gabon and Republic of Congo were put at $82, $66 and $52 per barrel, respectively.

According to Fitch, Saudi Arabia needs an oil price of $74 per barrel; Bahrain, $84; Russia, $72; Kazakhstan, $71; Oman, $75; Azerbaijan, $66; Iraq, $61; United Arab Emirates, $60; Qatar, $51; and Kuwait at $45.

It said even after cuts in government subsidies and currency devaluations, 11 of them would not have balanced budgets this year, including Saudi Arabia, Bloomberg reported on Thursday

Only Kuwait, Qatar and the Republic of Congo have estimated break-evens that are below Fitch’s oil price forecast for this year.

Kuwait at $45 per barrel traditionally has a low break-even because of its high per-capita hydrocarbon production and more recently its “large estimated investment income” from its sovereign wealth fund, Fitch said.

The rating agency said it “substantially” raised the fiscal break-even prices for Nigeria, Angola and Gabon from 2015 levels because of rising government spending.


Read more@http://www.nairausd.com/2017/04/139-oil-price-is-needed-for-nigeria.html

truly epic by the op

By Zainab
The push towards financial responsibility has led Qatar to cut the budget for the 2022 FIFA World Cup by between 40 and 50 percent, according to emerging reports.

The Gulf nation has been cash-strapped for the past 2.5 years due to the international drop in oil prices since 2014. Since the OPEC struck a production cut deal in November, markets have begun to recover, though much of the short and medium-term damage to Qatar’s economy has already been done.


But Al Thawadi argues that the FIFA budget cuts do not relate to the oil price crisis, insisting instead that fiscal responsibility “is a commitment we have made from day one.”


FIFA, the international governing body for soccer, has been embroiled in corruption scandals since 2015, when U.S. law enforcement authorities indicted the organization’s top officials. Smaller budgets are intended to prevent embezzlement and misuse of funds.

The committee now forecasts tournament infrastructure expenses to land between $8 and $10 billion, with a majority of the funds going towards new stadiums and training grounds.

Doha had originally proposed the construction of 12 venues in its bid to host the international tournament, but the new budget allots money for seven new stadiums and the refurbishment of one other.

Source:http://www.nairausd.com/2017/04/qatar-cuts-fifa-2022-budget-by-40.html

Hmm soon it will turn to next to the happening. Abi no b 9ja we de

Just fart jokingly. Trust me it work but play smart and don't b caught

Fat big rape

Most of them brain have been kidnapped but fixed back with fish brain

Alariwo2:
Igbos are fond of doing this.. and food no go dey for guests like that

Attimes I wonder if Igbos marry for love or for money/status

My brother to be sincere the tin de pain Peson. Worst part be say one Chief we de for table with him family do de receive wetin 20 people supposed chop.

But the way you use stereotype say na IGBO .hmmmm

Selling point. N25m no b beans

Maryclaire1:
If truly she is 16 years of age and she is thinking of going to BBN to be more popular than Tboss with unclad photo instead of her thinking of something resourceful for herself. I SMH

Is it today you know how must girls think, tomorrow they will scream that men don't respect them.

Watch and see how some people will play ignorance here

softtouch2:
"Emefiele’s Support For The Naira Is Working"

Another tribal motivated thread.

Na you won start am

Trust me hoarders are just praying for CBN to jons

Exchange for Dollar to Naira, 5th Wednesday April 2017

http://www.nairausd.com/