₦airaland Forum

priceactionx:
Bank has not been receiving dollars from fg. Fg just unify it and leave it on autopilot because they are short of external reserves to bail out banks like before.

Even foreign investors could not repatrait their profits. Nigeria is terribly broke.
So people depend on those who come to deposit physically which is not forth coming, but demand is high for withdrawal both inflow and the likes.

This is as a result of what you get when a country can't produce any tangible things and earn lots of dollars back.
Our export is very terrible, our indigenous factories products are craps and can't pass QC tests of other countries.

Our tech hubs as a body are very weak and not encouraging.
just look at Indians utilizing their tech hubs and many locals are even YouTubers and content creators earning good money back home. Na yahoo youths dey teach themselves which is not that sustainable.
Only few individuals earn some good dollars and remit to the country. And after a while , many Japa ...


Thats what of the major reasons exchange rates skyrocketing.
wema bank is around 900naira to dollar though.

jUeLiZ:
I know. It seems like the react is the trending deal right now.... people are talking and hyping it, making it look bootstrap is obsolete. I don't want to code for fun...I want to code to get a job.. I'm confused on which one to settle for right now.

I don't if it's possible to learn both. One at a time I mean

Curious346:
Are you a yahoo boy?

Curious346:
poluuting means

🧹money rituals 🧹telling them that money is what they should worship 🧹telling them that they must do anything to make money 🧹telling them to forget God and enter juju🧹making them loose their morals 🧹making them worship wealth 🧹telling them that hard-work is useless 🧹telling them that with a smal juju they could be rich in matter of weeks 🧹teaching them.all manners of evil vices 🧹advicing them to enter yahoo and that he will give them charms 🧹telling them to do drugs ,that he will back them up

FreeStuffsNG:
The huge economic benefits may even come earlier than Q1,2024.

Only those who are knowledgeable about how the economy works will understand these bold progressive policies.

A lazy youth with entitlement mentality who is unpatriotic , used to idle unproductive time on social media and free easy money can never understand.

Morbeta11:
By same Bismark Rewane

jconsulting:
And his a CEO of top Investment and Advisory Company. Financial Derivatives.

Oga try start ordinary pure water or cat fish business and see if it can last 1 year.

You wont read you wont learn the only thing you are best at is abuse

FreeStuffsNG:
Nigerians’ll reap economic gains of Tinubu’s reforms in Q1 2024 – Rewane



“The exchange rate is misaligned because there are certain things that are being done that affect it. For example, you are holding some variables constants while allowing some variables to change.”

https://www.vanguardngr.com/2023/07/nigeriansll-reap-economic-gains-of-tinubus-reforms-in-q1-2024-rewane/#google_vignette
Mynd44 nlfpmod

FreeStuffsNG:
Nigerians’ll reap economic gains of Tinubu’s reforms in Q1 2024 – Rewane

The Chief Executive Officer, Financial Derivatives Company Limited, Bismarck Rewane has assured Nigerians that the economic reforms and policies of President Bola Tinubu’s administration will start yielding results from the first quarter of 2024.

Rewane said this on Saturday, while speaking on Arise News TV programme, adding that there will be more pains this year on all the reforms.

“The bad news is that there is pain and they will be more pain in the short run but the good news is that there will be gains in the first quarter of 2024,” he said.


“I used to think that you will get that sooner, but you will need to have your supplementary budget and recycle money into the system.”

Nigerians have been faced with challenging times since the inauguration of the president, on May 29, when he announced the removal of petrol subsidy, a declaration that resulted in a hike in the pump price of petrol.

The latest of the fuel subsidy removal was on Tuesday, when the petrol price surged to N617 per litre in the federal capital territory (FCT) and environs, whilst it is sold for around N568 a litre in Lagos.

George Akume, secretary-general to the government of the federation (SGF), on Saturday, asked Nigerians to be patient while the government implements solutions to “normalise” the price of petrol.

The SGF described the petrol subsidy regime as regressive, adding that the annual payments were not sustainable and that Tinubu “had to act”.

Akume also said Tinubu’s actions of unifying the exchange rate and rejigging the country’s security architecture were proof of his commitment to securing the country’s future.

Commenting on the exchange rate, Rewane said, “What system is being used to keep your exchange rate from being misaligned fundamentally, I think that’s the key issue.

“The exchange rate is misaligned because there are certain things that are being done that affect it. For example, you are holding some variables constants while allowing some variables to change.”

https://www.vanguardngr.com/2023/07/nigeriansll-reap-economic-gains-of-tinubus-reforms-in-q1-2024-rewane/#google_vignette
Mynd44 nlfpmod

Puss360:
The hole is for Structural integrity of th stool when you sit... If u notice, it is always round. If it were square, pressure from your weight while sitting will begin from the "Square edges" and cause the chair to crack... But as it is round, the pressure is evenly distributed...

Kimiso:
What do you do in a situation like these,a girl who has been respecting you for long who chooses to greet you every time you passes by and suddenly willfully chooses to ignore you.

Zulum:
Don't mind my English pls

Anytime we had an argument with my wife, she utter some words that I can't even tell that to my enemy...."I am tired of the marriage", "I am always praying for u to die" " I always pray something terrible should happen to you" and so on....

I am Muslim, we are married three years ago and blessed with one child, I can't stay for a good one week in my house peacefully without having misunderstanding with her......i am depressed, worried, always thinking.....

LegitWebsites:
Poor Salary: This Is The First Problem His Excellency. Bola Ahmed Needs To Solve


TRUE OR FALSE ?

You don't understand..

Their is a reason they are called civil servants, even In a civilized world..

The name is elf explanatory..

They can't earn much..


But the main problem is the high cost of living..








Is Your Salary Enough for Your Monthly Needs ?

Fuel Price Already Increased To 165 Naira Per Litre.

Electricity Tariff Bill Already Increased.

Cost of Food in Nigeria is also Skyrocketing....

If You Run A Family; "Hmmmm...."


You know what The School Fees of Universities Have Fired Up To...





Is Your Monthly Salary Enough To Cater for All Your Monthly Needs ?




What is The Solution ?

Starboytwo:
I been reading different things on lite coin since yesterday. From comparison with the last 2 halving of 2015 /19, by now, prices should have gone considerably up but few days to halving it’s still doing $90-93.

Also read another report that historicaly price nosedive after halving as most people sell off or something.

Omo, experience people, abeg make una con tell us what’s up.

Hotice085:
.


USA and USA only

Amotolongbo:
It doesn’t change anything.
You can’t change a man.

A man who will cheat will always cheat.
You could still be rude and being disrespectful to a man and he won’t still cheat on you if it is not in his nature.

Just be the best a wife can be to your man and respect him

KingAzubuike:
He's a private citizen running an organisation. He is also running a business. You can't dictate to a citizen how to run his business. If you don't like his services, simply look elsewhere. I am not a stakeholder or alumni of the university but I can tell you the quality of education you receive in covenant university is top notch.

Someone is selling quality food at a very high rate. To make the food quality and delicious, you need quality ingredients. The amount you spent in setting these things up will definitely tell in the price you are selling them.

Another person is selling same food at a lower rate but of poor quality .

The choice is left to you, pay more for quality or pay less for mediocrity.

Pauldollars:

Your Gbola and destiny is precious ooo

You should have posted the name of the Facebook page since Nairaland is an anonymous forum to make other Nigerians aware of such groups on social media and careful.
Its important.

Testiebobo:
*TRUE LIFE STORY*
One day, i was very broke and had no cash on me. And I needed the cash to buy food stuffs in my hostel.
However, my close friend introduced me to one group on FACEBOOK, and he told me that the group do give 30k to any new member in the group. I was so glad to hear the good news and I told my friend to send me the link of the group and he did so.
To cut the story short, I joined the group and applied for the gift. However, I received the shockest moment of my life when one of the gp moderator told me that if I wanted the gift, I should pierce letter "X" on my "GBOLA" and send the picture of the scar before receiving the gift. I will nt mention the name of the group for my own safety but its name starts with "W" and ends with "H" . Pls share dis post and be careful on the type of group you join on any socialmedia. NOT ALL GIVEAWAYS ARE FREE, SOMETHING MIGHT BE ATTACHED TO THEM

Oluwaseunomo:
That one na your papa headache if what i said no go well for your body go hug wet transformer

Godmind2022:
If the declaration of Tinubu is not of God, it can't stand.

Oluwaseunomo:
Oga if God no get hand for your matter you no fit ever turn president ask buhari how many years it took him he tried and tried and tried until God said him time Don reach... Na you dey talk gibberish

YESpParticipant:
LTC most likely to grab liquidity around 80 - 85 region before exploding towards 150 - 200 area.

NOT A FINANCIAL ADVICE!