₦airaland Forum

naijaguy123456:
[Part copied]
What makes a currency strong ?

1. Interest rates. High interest rates help promote a strong currency, because foreign investors can get a higher return by investing in that country.

2. Economic policies. Tight fiscal discipline and anti-inflationary monetary policies help promote a strong currency.

3. Stability. A strong government with a well-established rule of law and a history of constructive economic policies are the type of things that attract investment and thus promote a strong currency.

4.Reduce inflation. If inflation is relatively lower than competitors, then the countries goods will become more attractive and demand will rise.

Chinas plan is to rule the world and Nigeria is helping them achieving this. When China sell goods and services to you, you pay them in dollars, it doesn't help Chinese economy as they have to take the dollars to the Americans in exchange for gold for example, but with this move they boycott the Americans.

High interest rates does not promote a strong currency. And certainly does not encourage real investment in an economy. The top economies in the world with strong currencies manage less than 5% interest. While the economies with weak currency manage double digits. And the reason is simple. Real investors don't play in the money market.


Therefore, high interest rates sends a bad signal to real investors because if they are to borrow funds along the line in other to support their investments in an economy it's going to impact on their investments negatively.

Any day a lifestyle audit is carried out on wealthy Nigerians it won't be a surprise when more than 90% are found guilty of fraud and other financial crimes. Nigeria is a fraud

Capitalism will see to the end of the human race.

Cmeo:
Stop the illusion that Nigeria is poor. Nigeria is a rich country many countries know this including the USA.

Educated illiterates everywhere.

post=69389286:
Lol, you are so right.
That is the mentality of slaves.

How do you reason self? A president presiding over the poverty capital of the world should be encouraged to waste the few scarce resources on frivolous estacode.

True.

harlee:
no vex say I dey disturb,I haven't paid for the commodity yet,the company sent me a quotation

Tell them you will like your item shipped to your agent in Guangzhou China. Then update their response

.

She has a point. It's only the middle class that can press for real change. The poor do not even know that they can have a better lives and that the oppressive elites is fully responsible for their predicament

ThugBoat:
Please if you know more about export and feel my claims are somewhat bogus.. I can step aside while you lecture us on export using actual and worthy parameters...

Not here to have baseless argument. Kindly approach Nigerian Export Promotion Council and get their current price internationally traded commodities, then take your time and enquire about the local price of the commodity including logistics and if you still have 300% ROI on any of the items on their lists I owe you 10k shopping voucher

ThugBoat:
Most people run from exporting because of lack of capital, but we have close relationship with some banks to finance your export... Once you obtain your Letter of Credit or Bank Comfort Letter from your international export buyer, we would source funds for you to ship with... NEXIM bank is also our close partner. The least returns you can get from export is a whooping 300% ROI...

Oga kindly correct that bogus figure of #300% ROI. It's misleading. Unless you're pushing weed and the senior cousins.

Armed robbers in power

MIKOLOWISKA:
they conquered nations with force and bloodshed. What have you considered

Reason they should be facing war crimes. And it's same British government that will be referring to us as fantastically corrupt when they worship the Royal families that enslaved nations just so UK can be rich.

deenee:
Market leader not Monopoly. There are also other cement manufacturers that have same opportunities

Dangote controls atleast 60% of the market. He determines the price of cement in Nigeria. So what does that make him?

This is very common in Nigeria. Most of these Nigerian companies are slave drivers. And certainly, your unpaid salaries is used to fund the luxurious lifestyle of the owners.

You see them on social media flaunting their wealth and same time forming inspirational speakers.

This is the reality of an average Nigerian youth. Instead of us to pursue a goal that will atleast address these Labour issues, we are celebrating a useless bill as not too young to run.

Here is a contact of a young and competent lawyer. Bar Albert. 07069586495. Reach out to him let him write a letter to them on your behalf.

Working a whole month for #25,000.

greyham:
My point is this:

THAT WRITE UP IS FAKE

Please do your research

flyca:
I used the words "hosts" and "guests". Stop putting words into my mouth

Also different govts derive their own means of tackling issues. Whose fault?

My dear that was never the case. As regards the write up, there is nothing in it that states blacks entered the country through visiting visa hence, the use of Hosts and Guests is improper.


We all know blacks in America got there as a result of slave trade. So, getting rid of them after distorting their communal lives here in Africa should be seen as crime against humanity.

greyham:
So this has been verified by you, right?

Be careful what you read on the internet.

What is your point exactly? That on the contrary you're so loved as an African? Europeans will spit on you, the Arab man sees you as a devil, and for the Chinese, you're a slave.

flyca:
Carry your useless propaganda elsewhere.
They don't want you. Go and build your continent.

Migration is good but if are becoming nuisance to your hosts, they (the hosts) reserve the right to deport them. If they refuse, they learn a strategic way to do away with you. Simple!

Wow... Why the attack on him? Have South Africans done away with the white immigrants that became nuisance? We have to start thinking for ourselves as Africans. How can we build our continent when we don't understand history? We have no memories of our place in the world before slavery.

State or regional policing is the way to go

Phoenix3000:
Why do some people make useless suggestions. After the ban how do you want people to reach their destinations? Is it everyone that can afford a flight ticket, or a car of his own?.....It is by far the most common means of transport and cannot be banned. Instead of you to talk on the training of drivers you are mentioning ban

You have a right to your opinion so likewise me. A mini luxurious bus will serve better than those death trap. When it's involved in an accident it leaves no survival.

And since you like manners please don't quote me.

Government should ban these 14 seater buses from embarking on inter state journey.

.

You this scammer again?

Hilarious!

gurnam:
I repeat, on this matter, you and Ben Murray Bruce lack common sense!!

Nike is not obliged in any way to manufacture the jerseys in Nigeria or specifically to Aba traders!!

Aba tailors should have approach NIKE and table a proposal for the project! Whipping up emotions by your type and BMB is not common sense.

This conversation shouldn’t even be happening if we all understand how sport branding and marketing works.

Can you guys just shove aside this nonsense sport branding and marketing? Who are they marketing it to? Is Nike more popular than Nigeria with a population of about 200 million people? Do you know what Nigerians spend just to follow the English Premier league? If indeed Nike as a brand is so superior like the way you guys are sounding why are they not leveraging on it by promoting the Malaysian football team's Jersey this world Cup year?

Without our qualifications to the world Cup Nike won't have been able to promote anything. So it's Nigeria first and not Nike. What the Senator is saying is that Nigeria is not getting enough from the business side of football with the current arrangement. It's only an educated illiterate that will try to prove otherwise.