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Ifyan's Posts

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BusinessRe: Thread For Dollar To Naira Daily by ifyan(op): 8:46pm On Dec 15, 2015
modath:
Not at all, i just try to know "things".. wink ... knowledge is power as they say......
I love this
I really love this
I truthfuly really love this
I fully truthfully really love this
I.....................................love this

REMEMBER"INFORMATION IS POWER"
BusinessRe: Thread For Dollar To Naira Daily by ifyan(op): 7:09pm On Dec 15, 2015
modath:
Official rate is CBN's rate..

Let's leave the matter, your intention is quite different from your explanation.. The post was asking what "rate" applies to online shopping, you said "official", your answer should have been "Bank rate"...

So if you believe I misconstrued your words, what is the "official" rate you are referring to?
Thanks for the correction sis.

I was wrong, official =CBN Rate not bank.

It seems you are into forex or exchange.
BusinessRe: Thread For Dollar To Naira Daily by ifyan(op): 6:33pm On Dec 15, 2015
modath:
I did, you said official... I always click on your site despite knowing just to help with traffic & it's 199 you have there.
Hay sis it seems you got it wrong from the start.

Official Rate also apply to Bank, Online payment, etc.

Compare bank rate and bdc rate before election.

Or if l may ask which one is official rate
BusinessRe: Thread For Dollar To Naira Daily by ifyan(op): 4:12pm On Dec 15, 2015
modath:
Hope you are not being sarcastic? Anyway

As @ today 15th, Keystone is 242, Stanbic 241, GT 250, access 255, Diamond, 239 ... All i know. ...
Sis it seems you made a mistake by not reading what I typed.

Check again. Cheers
CelebritiesRe: Linda Ikeji Is A Homewrecker, She Broke Up Dbanj & Bella Naija - Kemi Olunloyo by ifyan(m): 4:02pm On Dec 15, 2015
VenOmswiftTM:
At the Chinese-owned bakery where I work, the Chinese man whose English is poor would always say this to someone who doesn't do a thing well

"..you for no sense.."

This is exactly what I'm gonna say to this hater called kemi
You don make my day.

I don learn 1 today "you for no sense"
BusinessRe: Thread For Dollar To Naira Daily by ifyan(op): 3:20pm On Dec 15, 2015
modath:
Official rate ? Really huh & how much is that?

Ifeanyi, pls stop saying what you don't know.

Do your research before responding or better still redirect to thread that monitors rate..
Sis correct me, l will like to to see your correction.

Thanks
BusinessRe: Naira Faces Further Fall This Week – Experts by ifyan(op): 10:11am On Dec 15, 2015
dmostcheerful:
change on d way....
Meaning
PoliticsRe: FG Blames Weakness Of Naira On Massive Looting During Pdp’s Administration by ifyan(op): 9:41am On Dec 15, 2015
omogin:
APC should just shut the Bleep up. After 16 years in power naira suddenly slumps under your ineptitude, keep looking for who to blame
Na watin we de yarn since
BusinessRe: Naira Faces Further Fall This Week – Experts by ifyan(op): 9:37am On Dec 15, 2015
To everyone'he who live by the sword will die by the sword'
PoliticsRe: FG Blames Weakness Of Naira On Massive Looting During Pdp’s Administration by ifyan(op): 9:36am On Dec 15, 2015
He who live by the sword will die by the sword
BusinessRe: Thread For Exchange Rate For B Pound-naira Daily by ifyan(op): 9:34am On Dec 15, 2015
Exchange Rate for B Pound-Naira, 15th Tuesday December 2015.


http://www.nairausd.com/2015/12/exchange-rate-for-b-pound-naira-15th.html?m=1
PoliticsRe: FG Blames Weakness Of Naira On Massive Looting During Pdp’s Administration by ifyan(op): 9:33am On Dec 15, 2015
EternalTruths:
When lies fail you, hopelessness comes in
True yarn
BusinessRe: Thread For Dollar To Naira Daily by ifyan(op): 9:32am On Dec 15, 2015
Kamaye:
Please can you enlightened me on this, which rate applies when I made a purchase from online stores like aliexpress using my GTBank Mastercard, is it the CBN, official, BDC or parallel rate?
Official Rate
BusinessRe: Thread For Dollar To Naira Daily by ifyan(op): 9:31am On Dec 15, 2015
Exchange Rate Of Dollar To Naira,15th Tuesday December 2015

http://www.nairausd.com/2015/12/cbn.html?m=1
PoliticsRe: FG Blames Weakness Of Naira On Massive Looting During Pdp’s Administration by ifyan(op): 9:27am On Dec 15, 2015
coolzeal:
I will make 1$ to 1naira... Muhammadu Buhari.
BusinessRe: Naira Faces Further Fall This Week – Experts by ifyan(op): 9:10am On Dec 15, 2015
Something fast need to be done about this
PoliticsRe: FG Blames Weakness Of Naira On Massive Looting During Pdp’s Administration by ifyan(op): 8:54am On Dec 15, 2015
amunkita:
A man who has solution or knows a solution to his problem won't go pointing fingers at his Dad for not making it during his time..
Love or supported, choose 1 of this
BusinessNaira Faces Further Fall This Week – Experts by ifyan(op): 8:52am On Dec 15, 2015
Credit: nigerianreviews.com
Oyetunji Abioye

Economic and financial experts on Sunday said the naira could fall further this week if the Central Bank of Nigeria failed to do something about the continued depreciation of the currency.



The naira crashed further against the United States dollar at the parallel market to 262 on Sunday, foreign exchange dealers said.

The greenback had sold for N257 and N260 on Thursday and Friday, respectively.

The experts said the N60 margin between the official and black market rates of the naira was dangerous for the economy, adding that it could give room for round-tripping and other sharp practices in the forex market.

“The margin is too dangerous for the market. There is a need to do something about it,” the Head Investment and Research, Afrinvest West Africa, Mr. Ayodeji Ebo, said.

He added that administrative controls imposed by the CBN might have been the remote cause of the fall, while the central bank’s activities in the Bureau De Change segment were the immediate cause.

“The CBN’s action in the BDC segment is right but it is causing the depreciation,” Ebo said.

Analyst at Investment Today, a financial advisory and research firm, Mr. Okunola Henry, said if the CBN continued with its policy measures in the BDC segment, the naira would fall further this week.

“Apart from the need to devalue the naira, there is a need to take a second look at the BDC segment,” he added.

The local currency has been on a steady fall against the greenback at the black market in the past three weeks after the CBN stopped the sale of forex to over 1,500 BDC operators who failed to render returns on the utilisation of previous forex purchased at the official window.

The central bank had during its weekly forex sale to the BDCs over two Wednesdays ago refused to sell forex to operators that failed supply adequate documentation.

The dollar, which was selling for between N241 and N243 before the CBN’s clampdown on the BDC sub-sector, initially fell to 247 and later 251.

Intending international travellers, who depend on BDCs for Personal Travel Allowance and Business Travel Allowance, were hit by the development, which caused dollar scarcity in the black market.

As of Sunday, intending international travellers were still finding it difficult to access forex. It is still unclear if the CBN will supply enough forex to Deposit Money Banks to enable them commence the sale of the PTA and BTA to intending travellers.

Source:http://www.nairausd.com/2015/12/naira-faces-further-fall-this-week.html?m=1


Twitter@naira usd

Facebook@ifyan ify

PoliticsRe: FG Blames Weakness Of Naira On Massive Looting During Pdp’s Administration by ifyan(op): 8:50am On Dec 15, 2015
rayblast:
even on sunday FG dey workhuhhuh See mi see local wahala!!!!!!!!!! Abi na one of dem drink(oga @ d top )cum dey yarn rubbish, him drunk mate comot hin phone begin dey record before e cum reach us for nairaland here
Hmmmm
PoliticsRe: FG Blames Weakness Of Naira On Massive Looting During Pdp’s Administration by ifyan(op): 8:47am On Dec 15, 2015
amunkita:
Hahahahahahahah..

Everything now nah PDP cause..
The fallen oil price too was caused by PDP inability to refine...


Soon a man's bedmatic failure will be blamed on PDP..
Indirectly they are not ready to find a solution to our problem
PoliticsFG Blames Weakness Of Naira On Massive Looting During Pdp’s Administration by ifyan(op): 8:36am On Dec 15, 2015
By BusinessNews Staff on December 15, 2015

The Federal Government on Sunday blamed the poor state of the country’s economy, especially the depreciation in the naira exchange rate, on what it described as incomprehensible mismanagement of the economy under the immediate past administration of the People’s Democratic Party ( PDP).

Minister of Information and Culture, Alhaji Lai Mohammed, said in a statement that the mindless looting of the national treasury under the immediate past administration, was responsible for the increasing weakness of the naira against the United States dollar.

Muhammed apparently responded to a statement credited to the Deputy Senate President, Ike Ekwerenmadu, which suggested that businesses may collapse in the next six months because the Buhari Administration has mismanaged the economy.

The minister said it was the clearest indication yet that the PDP and its leaders were still in denial about the massive body blows they inflicted on the Nigerian economy.

Source:http://www.nairausd.com/2015/12/fg-blames-weakness-of-naira-on-massive.html?m=1

Twitter@naira usd

Facebook ifyan ify

BusinessRe: Some Things Online Store Do Which We Don’t Know About by ifyan(op): 9:56pm On Dec 14, 2015
ODUBEZE:
They don't even know of your existence!
Accept
BusinessRe: Thread For Dollar To Naira Daily by ifyan(op): 7:20pm On Dec 14, 2015
sternosa:
Can I please have an idea of how much black market price is? I'm trying to change a thousand dollars and I wanted to be sure what the amount was.
Visit the site above
PoliticsRe: B-R-E-A-K-I-N-G News!!! Buhari Also Collected $300,000 From Dasuki by ifyan(m): 7:18pm On Dec 14, 2015
How true is this
BusinessRe: Some Things Online Store Do Which We Don’t Know About by ifyan(op): 6:59pm On Dec 14, 2015
Aremu01:
lol
u go fear social media bill
Be professional bro
BusinessRe: Some Things Online Store Do Which We Don’t Know About by ifyan(op): 6:59pm On Dec 14, 2015
suwalee:
you're so right won't forget the first nd last order I made online till date I didn't wear the shoe jst lying fallow
Thanks
BusinessRe: Some Things Online Store Do Which We Don’t Know About by ifyan(op): 6:58pm On Dec 14, 2015
Favolly:
What exactly is this first point saying?
To confirm my curiosity
BusinessRe: Thread For Exchange Rate For B Pound-naira Daily by ifyan(op): 9:11am On Dec 14, 2015
Exchange Rate for B Pound-Naira, 14th Monday December 2015

http://www.nairausd.com/2015/12/exchange-rate-for-b-pound-naira-14th.html?m=1
BusinessRe: Thread For Dollar To Naira Daily by ifyan(op): 9:10am On Dec 14, 2015
Exchange Rate Of Dollar To Naira,14th Monday December 2015



http://www.nairausd.com/2015/12/exchange-rate-of-dollar-to-naira14th.html?m=1
BusinessRe: Some Things Online Store Do Which We Don’t Know About by ifyan(op): 9:07am On Dec 14, 2015
feran15:
i said take for example.. or is Jumia not an online store?.

are you afraid that they will sue or flog you for just one small article.?
Thanks for the correction.

As for the suing better be on a safer side
BusinessRe: Some Things Online Store Do Which We Don’t Know About by ifyan(op): 8:59am On Dec 14, 2015
feran15:
take jumia for example, they dont sell all the products on their site. they just serve as middle men for their clients(normal businesses) so if there is anything wrong with the product you buy, its the fault of the clients and not the online stores

i agree that the prices might be higher than others outside but that's why you do research before buying. different people put the same product for different prices.
Please l didn't mention any name or product make or company.
BusinessRe: Some Things Online Store Do Which We Don’t Know About by ifyan(op): 8:54am On Dec 14, 2015
Obinoscopy

Lalasticlala fp for anyone everyone

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