₦airaland Forum

SultanOfAbia:
Thunder fire you very stupid non entity
Na your own coffin you go buy. Ode

I go just forgive you for this one..

This your comment alone, don reveal ya identity..

You no be OG Nigga..

That's cofin and etc, was a joke..

No mention me again, die the mata..

Na me comment for ya thread.

seunmsg:
N460 was a false and deluded rate. We will need to use all our forex reserve to defend the rate if we want to maintain it.

The parallel market rate is a more realistic rate. It is the rate decided by market forces. Something close to the realistic rate is the reasonable rate to float as it indicates the rate at which arm’s length transactions can be done.

Will Dangote make a statement like this, after loosing his money?

Which market forces?

Full subsidy has ended, that like the major consumer of our forex... There shid be enuf forex in the country...

At least next month.

adebayo987:
You're a joke! Why not just google what "currency float" means before commenting?

You are the joke here, surporting Tinubu blindly..

Na you go suffer not him..

Focus on the impact of the floating, not the theory..

You should think, think..


Forget tribalism..

Na ur kids go suffer the impact, not his.

Naira floating made the Naira loose almost 45% value in less than a week is that a good thing.

Who approved the policy, it's Tinubu.

Stop been silly..

When you can't feed your daughters, you know what's next na...

Godfullsam:
Stop wailing.

Stop surporting bad govt polices...

Dangote don looose him own, now na ya turn to loose too..

Use ya brain.

CodeTemplar:
Stop talkimg like you are Buhari on nairaland - an illiterate. You don't determine the price once it is floated, market forces of demand supply does.

I no one argue..

You know nothing on this topic.

So market forces push it up from 450 to 650 in a day?

If true, then be prepared for hard times.

SultanOfAbia:
I want to break the record for the longest time of masturbation in 62 hours.
I will masturbate nonstop for 62 hours

I need your support to break this record and make Nigeria proud.

Please support by sharing this post to create awareness of the record I'm about to break

Granted.

I m also surporting you with your cofin.

Tinubu one finish the country kpata kpata.

The truth is the Naira should have been floated at 450.

Pararel ex rates still exist till this day.

Nigeria may be heading to another round of suffering.

Who has any good influencer like bera on Twitter?

Graceglory, I think na you drop him handle that year?

Sup?

Godszilla:
...Pump prices could reach N650 outside Lagos

The removal of the peg on the naira thus allowing for a free float will force a review of the assumptions that led to the pump price of petrol at N488 per litre in Lagos, industry operators say.

Nigeria’s state-owned oil company, the Nigerian National Petroleum Company Limited (NNPCL) last month issued price guidance for its over 900 retail petrol stations and other marketers promptly adopted it.

These assumptions would however change as Naira rates converge with the parallel market rate which currently trades above N750/$1.

BusinessDay had earlier reported that the eventual exchange rate would determine petrol prices at the pump as Nigeria’s lack of refining capacity means it imports all the petroleum products it uses locally.

At the current petrol pricing template, the pump price of petroleum products will sell above N590 in Lagos. If the rate converges at N750 as some bankers tell BusinessDay, petrol prices will surge leaving the most efficient operator with relatively cheaper prices.

An analysis of the pricing template shows that product cost at N503.91 per litre and other costs including trader’s margin, freight, NPA port charges, NIMASA, financing costs, jetty storage, and wholesale margin bring the landing cost to N565.34. When retailers’ margins, dealers’ margins and transport costs are added, it brings the price in Lagos to N590.34.

The price could average around N600 – N650 when it is transported across Nigeria, calculations show.

Marketers are already scampering to guarantee supply due to lower inventories and NNPC’s insistence that they must take products at the new rate.

Mike Osatuyi, national operations controller, IPMAN, told BusinessDay that an increase in ex-depot prices will eventually force marketers to raise prices.

“If you want to order now for a truck, you will have like N21.8 million, we are going to increase it more than N500 because if I buy at N480/N495, what price will I sell?” he said.

The new foreign exchange policy could force an upward review of these prices.

The NNPC Limited has been directed to end crude swaps and buy refined crude oil products at market rates. This opens the market to other importers but only those with access to foreign exchange would thrive.

Nigerians who are already bearing the toil of increased fuel and food prices may see costs go even higher.

The major components that constitute petrol landing cost in Nigeria include product cost, traders and insurance margin, shipping, charges by government agencies, financing and banking charges and storage charges. Some of these are charged in dollars and some experts are calling for a review to reduce petrol costs.

“We must resist the dollarisation of the Nigerian economy,” human rights lawyer, Femi Falana said during the recent strike action called by labour.

https://businessday.ng/news/article/naira-float-may-force-nnpcl-to-review-petrol-prices/

Nothing go happen, but let's wait till December.

Lies!

inoki247:
How many hours will it take you to get to a neighboring states that's a functional Airport you want everyone to be wasting resources on things that're only beneficial to the rich...



You can make use of Ibadan Airport....


And if you stay in Places like Ogbomosho or from OSun you can Make use of Kwara Airport...


If the Neighboring states has it why waste the scarce resources on jargons where the Poor are still more than the rich..

Leave this jargon you dey talk.

Every state in Nigeria need and airport.


Even thou it will be used by the rich and mid icome earners. These people contribute immersly to the state economy, evenore than the poor. So an airport is a very necessary dev.

It will make them contribute more and more.

NigerianAngelo:
The Airport is necessary and viable. The predecessor went about 65% in 18 months. It's just for the successor to complete it, train manpower (just as in Anambra) -- and it's off to go.

God bless Ebonyi. God bless SE.

Is that thing like air port to you.

It's not supposed to be approved in the first place.

I know you Ebonyi people can defend your gov, but ask you self this question.

How has Umahis government helped half of the population of Ebonyi over their plight?

What's be build their is just a secondry sch.

Scamvornor.


When I said the man na scam them attacked me.

Nigerians allowing shawlow leaders lead them.

narite:
Lol…your last line sound funny. So, what is better than Binance that you want us all to move to? I am guessing That your diabolical app. Right?

Dey play!

Don't marry any ex.

How did the meeting go?

deborges:
yes I agree to a point. Binance has the biggest volume and liquidity in this crypto space and i think it's a highly manipulated exchange. Coins come and go so will exchanges come and go but the ecosystem remains. Coins that will do very well are not on binance yet. There's a new generation of crypto assets look for them and get in early before the bull run

True!

Na so the market be.

SUPERPACK:
follow the three screenshots I attached to the earlier message. Let me know if you found it.

Thank you very much, I have seen.

I did an update.

Thank you.

seankafor:
you re just a swine

So is binance holding other exchanges from doing their thing and breathing fresh air?

How do you even scam these people with your low quality 🧠 brain

Let me educate you child.

Just small dip u are all crying..

Binance is not holding any ex...

It's just normal for people to migrate to a new ex, cos they make so much money their.

Observe the market most of the coin pumping are not on Binance.

Check well..

With the problem surrounding Binance it's a chance to move to something better.

Binance has done it's best.

seankafor:
you re just a swine

So is binance holding other exchanges from doing their thing and breathing fresh air?

How do you even scam these people with your low quality 🧠 brain

You just started trading crypto this year, no need to argue with you.

Did u use Binance those days?

If no.

Then u are the swine.

Fool!

Na so crypto be, exchanges come and go.

Don't marry them.

As about polinex and co.

Small pikin, abeg no dey put mouth for else's talk.

SUPERPACK:
Have you seen it?

I haven't.

Can't find eth bep20

twosquare:
Care to share reasons behind your claim?

Bf Bittrex was the super star, After the American whala, Bittrex died.

Later Binance took over.

A new era in crypto arrived.

If you observe the CEX exchange is dull.

We need a new play, with new cryptos..

E go favor us.

Binance can't create any impact agian.

Coin hardly pump.

SUPERPACK:
The transaction is complete. It was sent as Binance pegged ethereum which is bep20 ethereum. I guess you were checking wrong wallet address.

To see the coin go to token search and look for ethereum bep20 and you will see your coin.

Follow the steps in the screenshot below in yellow and you will see your coin.

Thank you very much.

twosquare:
eeyah...that's sad. People shouldn't trade most popular coins at the moment and anyone with spare change should do long term buy for future positioning for the bull...

As for Binance, I quit yesterday to another exchange...not FUD, but I "feel" there are more quality tokens on other exchanges....will only be using it for p2p once in a while.

Binance has to die for the industry to breathe fresh air.

Na norms..

Make just position for the new exchanges.

[quote author=SUPERPACK post=123810676][/quote]See am

0xe4a73bb1e8e171c1cc729c90b22812c01f71fc2df99238c5401217f420ebee19

Nice!

Every thing is fair in love and war.

Even in the USA, despite all their tech and info, crime is still very high..

The citizens must learn to behave well and be good.

Their is traditionally high level of crime in African countries and any where you find African's..

We are not well behaved and we also love evil and crime.

Government can't prevent crime, let the citizens embrace light.

We too like to create problem.

How will he do it?

This is our work, lets learn how to behave and be good.

emperornoble:
Binance to trust wallet takes about 10 to 20 minutes.check whether you send it to a wrong address.

I checked, the address is correct.

It's in the confirmation email too.

Hapi fools.

Poverty mentality.

Na daddy GO, born Dem?

Quintopia:
THIS OBJECT CAN END CORRUPTION IN NIGERIA FOREVER


.................https://i.pinimg.com/564x/9e/e6/ac/9ee6acfdd0ddb420b82482c27748f9cf.jpg

This is an Ofo, a traditional staff used for oath-taking by people of the South East.

Other regions have their own similar version of swearing-in objects.

We need to use OFO or something similar, to swear-in Nigerian leaders henceforth.

Rampant corruption, looting, kidnapping, robbery, banditry, terrorism etc have to do with the destruction of African religion and replacing it with imported religions like islam and christianity.

Those religions do not punish wrongdoing.

Instead they preach 'forgiveness'.

So you can loot 2 billion dollars and attend church the next day to give thanks to 'Jesus', or pray for forgiveness, while ''accepting Jesus as your personal saviour and lord'', or whatever rubbish they say.

Or you can loot 2 billion dollars and then travel to Mecca on Hajj, and once you've accepted Muhammed as your ''personal saviour and lord'', all is forgiven.

In African religion, there's no forgiveness.

You cannot be two-faced.

You cannot be a thief, and pretend not to be a thief, like we see today.

You cannot steal and then beg the gods for forgiveness after you've sworn on their altar not to steal.

They will finish you.

To swear-in our leaders, we need to do traditional swearing-in.

Not swearing-in with imported bible and koran.

Trust me, corruption will end the minute we start doing that.

The first thing that will happen is that many people would leave politics, because they can no longer be freely corrupt, knowing that the gods are unto them.

Only genuine leaders with honest intent will enter the political arena.

The thieves will be gone.

THE GREAT FELA SAID IT. Until Africans return to their traditions and become AFRICANS again, Africa is going nowhere.

Truth!

Beta beating for that woman.

Cowbell521:
SEC vs Binance

Ok, Las Las Dem go kill Binance they way Dem kill Bittrrex..

Another ex will take over..


The journey continues.