₦airaland Forum

Tbliz started the joke, baba no b like when u enta the place o

Dye-man! Na u de make dye expensive and?

dplordx:
These Foolaneeys are probably attacked by IPOBians, and then, everything went to hell. They dont just attack farmers. I mean, theres 2 sides to every story. We need to start interviewing those Foolaneeys as well, and get their side of the story. Theres no smoke without fire!

This cliche "No smoke without fire" reminds me of someone in the 30's. who started the fire?

please go get your updates from romance and entertainment section, where your likes are: u sound like u are posting from a spaceship in Mars.

OBAFEMIawolowo:
This ones are mad ooo

You are killing the queen of England softly.

Stale OP!
These pictures have spent like 2yrs in my phone, u brought it up with a coined story.

Well Na the mod wea move this shi to FP need Alabuku

checking names under...

Home of piss

...

we would have preferred this toad to b silent on this ish, but basket mouth must open mouth again.

Some how I wish someone in the past acted right or wrong to tilt the origin of my parents to Ghana or Liberia.

I love every word she used in the construction of this piece. we just have to give them time and they will give us more.

I am enjoying this moment, reading political beefs is my hobby (clearly stated in my CV). All names called in-here should reply else I will draw my inference from her ink.

yez! only the finest kiss police.
The rate wea our babes dey pushu police so dem go dey find trouble dey go.

'you take'
It might interest you to know that there is a huge tilt of ur take away from reality.

how many almajiri u don epp fo ur community?

Go and occupy North in general, because that is the place that needs 'occupy fo change' cos u guys are in chain since the call of usman danfo.

some group of persons will avoid this thread.

some reduced their efficient man hour at work or home, explaining baseless topic in a text book called importance of currency swap. finally 'the man died' ended the story


well una ink no lose, cos pple lik me now know Wat is currency swap as the only good tin I don penefit from the gulpment.

I know when a love one says 'good bye'

We should keep mute to some baseless thread, especially when they don't affect the price of indomie in the market.

I stick my di.ck, the OP no b nwa afor. just hea to create uncalled competition.

Chukzyfcb:
You are right bro. Its tough to favour both sides with high/low interest rate knowing fullywell that inflation is rising. It must be tough for the economic team. The interest rate was reduced, MPR reduced so banks would stimulate the economy by giving out loans. But it didn't work, rather our GDP sinked lower to about 2.8% in the lastquarter of 2015....while the growth of the nation was falling, our Inflation rate rose higher from 11-12%. So u see, cbn has tried that measure. Foreign Investors are taking out funds more than they are bringing in. Because the low rates wasn't favourable.
Many people even on NL described how inflation was a result of the forex scarcity and not too much liquidity, wht did the govt do? They just signed a deal with china so as to reduce the pressure on dollar which is the major curency in our reserves , thus indirectly impacting on the inflation rate & reducing the forex rates.
Also, they try to suck out the excess liquidity in the system same time attract local and foreign investors (FPI) back with the propsed high interest rate. Overall, it seems to be a win-win situation #but these are all speculations, reality would soon tell us if the speculations are right or wrong.

Yes! Ema akwukwo.

reality will tell.

kudoxs:
and you must put "igbo" cus u wana be tribalistic, cant u just say a shop with 7 pos machines. Too much tribal sentiment attached to everything we do in this country.

you are just ladened with hate.

Chukzyfcb:
It doesn't really affect investors in the money market, but to investors in other sector where loans will be needed to kickstart such investment (eg real estate), it would affect. This news is good for those investors playing in the money market. Coz it means higher interest rate resulting to a higher yield/profit.
Inflation cannot be @ 12% whereas my money in fixed deposit/Treasury bills is growing @ 7%. It implies I'm losing 5% . To move along with inflation & to maintain my purchasing power. My interest rate (r.o.I) has got to be equal or overtake the Inflation rate.

Yes you are good on its influence on money market. But I thought the best government policy is evaluated with that which makes more citizens better off and less worse off. How many person are in with the money market, if not the same microscopic few.

They shld have considered the effect of interest rate on capital market mainly and fairly on commodity.

adekhingz:
i appreciates your comment. but let me give my little explanation why this textbook solution is practicable. as defined, inflation is a persistent rise in the market price of product and service (usually as a result of plenty money chasing few goods). in such sense, to correct the inflation, there is need to reduce the volume of money in circulation. but the problem with Nigeria is a case of inflation caused as a result of high cost of production (via the high exchange rate of naira to dollars as most of our raw materials are imported). who bears the burden?? FINAL CONSUMERS (that's we, the Masses) and that's why we are paying more to buy. to correct this, CBN via its monetary policy can raise interest rate (to discourage producers from buying more from abroad) and also reduce the giving of foreign exchange to producers. thus, forcing producers to seek for their raw material from our own country men........... #i stand to be corrected still*

Though you are on track, to curbing inflation, one must not only reduce the amount of money in the system but can also increase the number of goods to restore people's purchase power.
This is attainable by increasing investment. an increase in interest rate results to a decrease in investment and have nothing to do with sourcing of raw materials locally.

It's time we look inward and see how pple response to the market in Nigeria and forget what text books and scholars derived based on the local response from their consumers. That interest rate shouldn't be below inflation I see as a local derivative and should vary with region.

In a country like Nigeria, we don't care about the returns for our money in banks, even if interest rate is 100% bank deductions will still b more than the interest.

My understanding in macro econs, indicators like saving, consumption, tax and investment are key in monetary policies. While CBN is trying to discourage consumption, from our local stand, increase in interest rate will locally discourage investment but by text book encourage savings (which is not attainable based on explanation above) this is because at 12% banks will demand you bring your grandma to secure a loan application yet frustrate one with hidden and administrative charges. Further increase will halt the spirit to borrow (for investment) that is dieing in us.
I expected the CBN to cushion loan application requirements and availability to common man and not to the elites or microscopic few. because an increase in investment increases employment, disposable income and inturn encourage savings.

My take.

thesicilian:
I wonder what brand of weed the so called archbishop is smoking. He's dabbling into issues he doesn't understand & doesn't concern him, meanwhile Christians are benign slaughtered everyday in the North, no one is bold enough to speak out.

Many Clerics have dropped line to ward off the happening in the north, even coming from this archbishop and his emeritus.

The Bishop of Sokoto have siad this till the point of addressing Islamic scholars based on speech invite.


dailypost.ng/2015/11/30/northern-elites-should-stop-pretending-theyre-behind-boko-haram-bishop-kukah/


www..com/news/294117/boko-haramcan-northern-govs-restore-peace.html

Say that to the birds.

shifting the paradigm of the gullible.

NPF?
They are playing with Their Grand Commander.

where is Adam Osho?
The problem between Adams and Ngozi have always been sharing the SWF.

The disadvantage associated with this policy I see it overweight the adv as the country is trying to make her self a producing country is not feasible any time soon.

Capitals are not readily available (equity) for entrepreneur engulfed with ideas in Nigeria to produce because those that have sapped enough of fund from and outside our political system lack the idea to setup a viable productive system to increase our economic key indicators. Trying to invest with that fund will be importation as it is associated with low risk, then what happens when the total cost of importation from China is reduced than producing locally?

In analysing govt policies, the long a and short term cost and benefit should be considered.

policies that will discourage importation, making fund available for the common man at a low interest rate and adequate loan security system attached will make this move a perfect one.

afonomics:
Mumu...
Both are likely from your side residing in Ibadan.
Omo aĺè

It's crystal clear from the consistent & validated "war woh" face in the pictures and the cohabiting attitude from the story. don't know if you need forces outside flesh and blood to remind u of these norms.

Radio Continental is as biased as Femi Adesina and Lie Mohammed.

An ideal business that is financed with equity capital (owners capital or money) is still assumed to be financed with loan to get the reward for your money.

Starting a biz with load is not wrong at all.

FFK, telling his bosnian tribe to sit up.

I called my boss to inform him that I won't be at work on Monday because I need to get fuel to power my engines, he said I should make it formal.

Nairalanders, is it wrong if I send this (as attached below) to him?

Some times my mind wiggle at some stuffs, I heard the audio recording alleged to be Nnamdi Kalu and I asked if Kanu was not under the watch of the myopic dss when IPOB were protesting.

Was there any recorded killing before the arrest of Kanu? they will mop out victims of bomb blast in borno, yobe and adamawa end them to Abia with shovel and diggers to create evidence because they have seen nothing to use to victimize him since his arrest, that is why the rate of adjournment that have enveloped this case is worrisome.
Thanks though to his gallant team of lawyers that show clear sense of studies in defense thereby making dss and tozo of a judge look depressed.
Well Na still human execute the plans if real and they will publicly expose these job they asked them to execute to create a shallow evidence (quote me).