₦airaland Forum

Roland17:
Actually, there are limits (amount varies) and the betting industry is heavily monitored/ regulated by the government. Outside of daily limits, Betting companies report unusual bets/ props and investigations are swift. Infact, there is a case being investigated currently that involves an NBA player. Also, sports betting is illegal in some States like Texas, California, Alaska and a few others.

https://www.cbssports.com/nba/news/jontay-porter-gambling-investigation-explained-what-we-know-as-nba-looks-into-prop-bet-irregularities/

Zero regulation here.

Theres a thread I saw on Twitter last year or so about a guy that won 100m on 1xbet. The bookie voided his winnings, said the ticket was accepted in error by their operator and close down the guy account.

1xbet is a scam trended on Twitter during that period. What did National Lottery Commission do? NOTHING.

Just grease some palms here and there and you can almost get away with anything here in Nigeria.

User09:
Like I said, Information asymmetry really is the problem.

People really need to take matters into their own hands and force the retailers hand.

Maybe walk/drive into the pure water factory and buy a number of bags yourself. Start doing most grocery shopping at recognized malls.

Isnt it the same Nigeria where people queue at NNPC just for as little as a difference of N5 per liter?. The retailers cant be stupid enough to not adjust the moment they start feeling the impact in terms of patronage

In my area here, we have factory trucks that going around selling to those retailers and even consumers directly. That's how I know the factory price of pure water because we mostly buy directly from factory.

Middlemen scourge is real in this country.

Roland17:
Shouldn’t there be a limit on how much bettors can wager in a day?

Limit ke.

Bookies only have limit to what you can win, not what you can loss. 😀

iamoyindamola:
Arcanjo.Renegado s1 and s2
https://driveseed.org/file/3dkFPD3SLMeHwT9dkcDR

https://driveseed.org/file/CCsMl9Sbtp

Warrior Nun s1 and s2
https://driveseed.org/file/SOxgJTikxdb3mHKc5QBF
https://driveseed.org/file/8H5SpiGPMTe4KX28mc4m

Halo s1 and s2
https://driveseed.org/file/ArUxWeGnXq08TroHhRY1
https://driveseed.org/file/9zgyVJzLGHDc31qJiQBD

Halo is good.

User09:
At the risk of coming off as ignorant, my question would be to ask if most of these businesses run as a cartel?.

I see this complaint a lot but simple economics tells me its something that is easily solved by competitive markets.

Ideally most of these goods are price elastic. Strange that these sellers who are also meant to be feeling the impact aren't adjusting. Something is not adding up

Its greed and wickedness. Simple and short.

Let me give you 2 examples of this greed.

I wanted to buy Oral b toothpaste from the woman selling groceries very close to where I live, she didnt have the big one so I asked which size they had, it was the smallest so I told her to bring it. She told me the price was 650 and all I could say was Ah? For the smallest oral b? She gave all their normal excuses. That same day, I went to a supermarket around my area, I normally dont go to that supermarket because their things are expensive but I needed to get a baby item that I could only get there. I went to the toothpaste stand, saw that they are selling the same oral b I bought in the morning for 400 and that lady sold it to me 650. Just imagine the difference, and that's a supermarket that we usually say their things are expensive o.

Second one is pure water, before we were buying a bag of water at 250 per bag and retailers were selling 1 for 20 naira. On a bag, they will see a profit of 150. 2 weeks ago, pure water from company trucks were increased to 340 per bag and 70% of the people in my area (who were mostly Yorubas) started selling one pure water for 50 naira. Meaning on a bag, they will see a profit of 660. Even the company that are producing the water are not making a profit of 660 per bag. It is mostly the Abokis that are selling pure water 2 for 50 naira, which means on a bag, they make a profit of 160.

Our people are just too wicked, selfish and greedy. When I come online and see people defending these people, I just laugh and shake my head.

Ballzproblem2:
not necessary dawg

Just report the post for breaking rule 10.

swiz123:
They are thieves. It's only in Nigeria that our retailers FOMO without reservation just to suit their narratives. They usually buy their highest quantity when the price is the highest. When the price reduces, it takes them ages to finish selling old stock.

Many of them increase the price of their old stock when current prices increases but fail to reduce the price of the same old stock when current prices reduces.

A perfect example are those fouani thieves selling electronics at Ikeja city mall.

When dollar rate crash, they will keep telling you they havent exhaust old stock as if they bought millions of stock with high rate of $$.

Dollar is going down yet price is increasing.

OasisX:


......make I pin una favourite plug for FX info here as usual. LOL!

Aboki are selling way lesser than this.

Ibime:
Naira should calm down small, some of us have transfer to make

Elo Fokan bale.

Leyqute:
Kobbie Mainoo MoTM

English media about to finish us with hype.

izzou:
[color=royalblue]Are they selling? Na the koko be that.

Some just have the old prices written there. They are not selling.

The price of PMS has not come down since the naira has been gaining.

Been in Abuja for sometime now, and the price no change[/color]

Toor. Nigeria is one funny place. Economics law dey always come here to laugh at us.

2 days ago or so, OKX ran away from India.

OasisX:


...........make I pin this one here, from saner clime. LOL!

Lol. Most CEX better start taking their KYC and anti money laundering department up and running else most of their founders go chop jail.

izzou:
[color=royalblue]I can't say oh. Haven't had any business with it lately.

The last i knew was 1470.[/color]

I saw NNPC 970 today

Cardoso said we’ve done our bit on Binance, not our problem anymore. Regulation of Binance sits wit SEC.

In short: Rest, CBN is not your problem 😂😂

If Cardoso does anything, he will teach you all by force that the CBN is not the whole government 😂 pic.twitter.com/mGb1spT5aS

— Orekelewa (@orekelewa_etc) March 26, 2024

Cardoso says regulating cryptocurrencies is not the job of CBN but the job of SEC.

Izzou is it true that the price of diesel is falling?

Meanwhile Cardoso and the MPC has raised the interest rate to 24.75% from 22.75%.

[quote author=OasisX post=129118602]

[font=serif]......larride! Cardi B in full mode of No Gree for Anybody. LOL!

Translation: Airlines can cry all they want, when they’re ready, they’ll enter the FX market. CBN has met its contractual obligations. pic.twitter.com/rEDGaS6D3p

— Orekelewa (@orekelewa_etc) March 26, 2024

.

Cc BlueRayDick

Roland17:
The topography, vegetation and terrain of the South will make it difficult for them to succeed like the North. They can cause violence in large gatherings but they are not moving 150-300 people on bikes for ransom in the South.

Very true.

Theres a kidnap case that happened in my area with a korope, some people suspected the korope because it wasn't familiar in the area and it was calling a route that we barely see Korope to, na so them descend on them.

Down south, kidnapping in large amount like that will be difficult to pull off.

The language barrier is another thing also.

Leyqute:
It’s difficult, right?

Best to leave him on the bench. Maybe a midfield of Foden, Jude and Rice would work.

But all these structures depend on Southgate and his merry band of robbers.

David Moyes is even a better coach than Southgate

afrodoc2:
Na fun exercise. I no send England from my thumb to my index finger.

Same here. I actively seek the downfall of the England National team.

All of this Una analysis depends on Southgate to work.

Dey play.

monerozi5590:
I am only seeking for answers. Can you provide the answers in a non funny ways.

Until then I will go with the Daily Trust reports. Fake and audio.

Whatever suit you bro.

monerozi5590:
What are their names sir. According to Daily Trust investigation those names are not known except Mamu.


Mamu like we know have been in jail since last year and there are still dancing on the matter.

Did you know Mamu to be a terrorism sponsor before he was arrested?

Your takes sometimes dey always funny me.

izzou:
[color=royalblue]Story, story, story...

Na the same terrorism Nnamdi Kanu dey charged with, and we are seeing how the trial is going. How come we don't even know this "imaginary 3"?

Is it not Nigeria, where a Binance Exco will walk out of his cell, take Uber to airport, board plane and fly out?

I can't change your perception about that list, but na lies and lamba una carry for mind. [/color]

I think the 3 of them were arrested doing Buhari tenure.

One of them is Takur Mamu, the negotiator of kaduna train hostage situation who was arrested in Egypt for being one of the sponsors of the attack.

https://www.premiumtimesng.com/news/headlines/552702-breaking-kaduna-train-hostage-negotiator-arrested-in-egypt.html?tztc=1

I'm trying to get more information of the other 2 that was arrested.

It's not compulsory you believe the list though.

BlueRayDick:
As in..... Dem just wan force the amnesty by fire by force. They don't care whether Buhari has already dragged Nigeria into serious debts with some of his borrowing expended on useless projects like that Mararadi rail line while he was on power.

They still want to zap more from the treasury in form of amnesty irrespective of whether Naija is broke or not

On the issue of CBN and airline backlogs, I find this thread explanation reasonable and logical. What do you think?

Cc Oasis007

izzou:
[color=royalblue]I agree with you on this one!

They just published names. No photo. No little bio on such people. So wetin make we use the name do?

I believe that list na better audio, with good sound quality.[/color]

3 of the names of those people are ready arrested and currently in court for terrorism, terrorism financing and treason.

They will arrest the rest for sure.

CBN sell $$$ to BDC at 1251/$ today.

The value of $$ to naira is expected to go down a little this week again also.

Roland17:
I can’t wait to hear them confess the US/CIA sent them..

😂😂😂😂

Ellexy:
Aside the intense torture, one of them had an eye gourged out, another had an ear removed, another can never chew with his teeth again.... Omo

I don't pity them one bit though..

Ellexy:
Aside the intense torture, one of them had an eye gourged out, another had an ear removed, another can never chew with his teeth again.... Omo

I don't pity them one but though..

iamoyindamola:
Omo them panel beat these people oo
This is what i like don't make their death quick make it slow and painful incase they reincarnate their soul will advise them not to become terrorists

Before them reach court sef, their body go don tell them.

Russia courts no dey waste time. The case fit no reach 2 weeks like that.