₦airaland Forum

Sparrk007:
No woman love brokes guys if you like no hustle

GUNITGuy:
Common amongst Eboe Men .......awe see them Alot and could be very deceptive....That's why xenophobic acts took place in South Africa.,.
Loud people and Arrogant people in Foreign land could create trouble for themselves and others...
Reasons I would continue to Respect Yorubas ... Could be Silently doing great things to avoid unnecessary hyping

Germanhunter:
Don’t bite the hand that feeds you .. in as much as I am not an advocate of God fatherism .. but truth be told .. wiked single handedly pick fubara for a reason .. he should at least be loyal for a period of time .. this life isn’t all about trying to cut corners .. even in saner climes .. Loyalty is compulsory .. Ingrates should be dealt with with utter violence .. rubbish

Racoon:
Is there any constitutionalism in Rivers state? Hehehe! Wike and his men still regrouping to hit on Fubara.

tunjiajayi:
Plenty grammar, is that all you could decipher?
I pass on you.
It's a waste of my time.

tunjiajayi:
Let me give you a hint.
It is cheaper to buy dollar from the about guy now, than to buy from the bank. With the new form M, and back clearance of taxes for a corporation or an individual.

The stops the round tripping prospectors and prospecting that was the bane of the Naira before now.
This has affected the demand for dollar, thus dollar is more available ( surplus) unlike before that the demand was insanely high due to profiteering on forex round tripping.
It was a business before now to buy dollar from the bank and go sell at the Black market for a profit.
Now the dollar is being sought by those who truly need it for foreign trade and services.
No more profiteering on the dollar at least for now.
Thus the demand has been reduced, you should figure the result of that, if you know your simple economics of demand and supply in relation to a commodity.

I hope you can wrap your head around this information.

VinnyBaba:
It is our Culture.

SPENDING Money to prove ur Love' for a Lady.

Davido is the Main enabler when he sang 'I give my baby Assurance and Taty Billion for the account o'.

In many Other Countries, they DON'T use Money to Impress or keep a woman,
So Nigerians go there and Spoil things for them. 🙁🙂

tunjiajayi:
You obviously don't deal with dollars

nairalanda1:
if Nigeria does not have money, which 200m naira each were senators sharing among themselves?

nairalanda1:
Subsidies on diesel are now impossible because we really don't have the money.

tunjiajayi:
That the appreciation of the naira is NOT government propaganda!

Dennisochampa:
Oga abeg no put me for talk.... U showed me exchange rate from Google search and I said it's not the real value..... Believe what you want... I'm done with this unnecessary argument...

Dennisochampa:
.... No!!!
What it does is simply over stating...
It's just like your wife coming to tell u that yam is 200 naira while it's 180 just to be safe incase the price increase

Dennisochampa:
...
The one quoted by the cbn!!!!!!!!!!!

Dennisochampa:
.... No!!!
What it does is simply over stating...
It's just like your wife coming to tell u that yam is 200 naira while it's 180 just to be safe incase the price increase

Dennisochampa:
..
Check out that same date and go and make a research.... See the inflation rate in USA, UK and Canada for the same period and come back to tell me if things have changed over time....
For a country struggling with terrorism, corruption and massive exit of international investors.... Do u expect the currency of that economy to measure up to those of first world or developed countries??
At times, I feel we Nigerians expect a miracle from a country that is so badly damaged

Dennisochampa:
...
Google gives you rates that are above the official exchange rates and this is so that business men will have a guide without having to go through banks...
What you're seeing now does not reflect the true value of dollar to naira exchange rate

There is a growing feeling of unease in the polity over recent appointments by President Bola Tinubu, seen to favour his friends and political associates, at the detriment of ‘competence’,

nairalanda1:
Because of the way our economy is set up...we share money, not make money

And he who is close to the sharing of the money is going to steal from it. It is effing sad, but here we are.

We have a political class that is not interested in reforming the laws to fix the matter

Finally...200million naira , as bad as it is, would give up to 20 billion naira. Subsidy costs for one month are in the region of 900 Billion naira as at february, and as much as I agree the money should go to the Nigerian people ....it won't make a dent in our subsidy cost for a month.

tunjiajayi:
I still sold 750 usd at 1310 Eko hotel at about 4 pm yesterday 29 March 2024.

The naira is not stable yet, but to say the swings and the appreciation at least from last month is ignorance or pure deceit to a selfish or group agenda.

That's my point.

Dennisochampa:
Alot of people will still see a reason to criticize this news..
While it's not the best news.... It's certainly not the worst...
So what if things have gotten worse..
Let's say you wake up and meet dollar selling at N2,500, what will be your reaction?
No one is celebrating mediocrity but this time last 2 months, it was worse than this and that's the point...
This post is not meant to say that the economy has fully recovered, but it means that there is real hope that things will improve.....
If naira continues to appreciate @ dis rate... Then it's a positive sign that things will get better with time

nairalanda1:
Subsidies on diesel are now impossible because we really don't have the money.

We have had chronically low oil prices since 2014. As a result, we had to start taking more and more loans. BY 2023, May, the results were in. 90% of our revenue was going to debt service.

Tinubu had to do a partial removal of fuel subsidy to get more money for the exchequer, as well as to float the naira to release more money too for the exchequer. If not, ....

And tinubu's hand was forced. Perhaps if he had supported GEJ's subsidy removal in 2012, him and buhari, by now, we might have had more money.

Dennisochampa:
So what if things have gotten worse..
Let's say you wake up and meet dollar selling at N2,500, what will be your reaction?
No one is celebrating mediocrity but this time last 2 months, it was worse than this and that's the point...
This post is not meant to say that the economy has fully recovered, but it means that there is real hope that things will improve.....

emkz:
No, Rufai Oseni won't be happy.

It is because of this Rufai Oseni did not come to work yesterday.

I have not seen a human being so vile, hateful and peddles evil about his own country.

WeddingParol:
Those praying for Nigeria to fail will not like this news.

All their states are filled with corruptions and non performing politicians but they careless about that.

They filled all the social media platforms with hate and negative narratives about Nigeria 🇳🇬 publicly praying for the country leadership to fail.

Don't worry, you will all reap what you sow.

Azazyel:
Even if 1 dollar becomes 1 naira, you'll always shout "propaganda". Would you shout propaganda If your preferred candidate was in power?

tunjiajayi:
When last did you see, touch or have you ever traded in dollars?
Just open you mouth and yansh waaa like buffoon.
Call your local aboki today and ask him.

Or where you stay, aboki no dey cause no prospects of dollar trading dey where you dey.
Abi na the other scrap dealer aboki you dey deal with? Probably so.

Abdul05:
I Know some people won't be happy about this good news ..

See..when we talk about economics one can see that president tinubu knows the sudject very well .

Kwaramustgoodag:
The Monster They Created.

Nollywood actresses will host events, they will send invites to Bobrisky...
They will sell lace and gele to shim.
They call shim "Mummy of Lagos"
They will dance while he sprays them 500K.
They flock under his comments and hail him...
They beg shim to attend their events!
They call shim beautiful.

Now he has won best dressed female and they are wailing...just because money is involved.

The Monster they Created is now biting their nose...

Congratulations to all of them 👏 🎉🎉🎉

🚶‍♀️🚶‍♀️🚶‍♀️

helinues:
A for Apple
B for Ball
C for cat

It be like you want make I start from kindergarten as you just couldn't comprehend my comments

Alliswell248:
Naira is gaining strength.

Emergency lovers of Nigeria hate good news about Nigeria.

We reject Hoebi....
We are waiting for him again.

helinues:
Those who have made up their minds to be bitter about the progress and development of Nigeria are allowed to so.

We ain't interested in joining the bandwagons

chopnaira:
Haters and emergency lovers of Nigeria will not like the news