Business › Re: Amid Inflation, CBN Raises Interest Rate To 26.75% by mayor02(m): 7:44pm On Jul 23, 2024 |
004gist: I didn't read much what u wrote... But the first line us wrong. No theory support that.
When there is increase in money supply which is encouraged by low interest rate savings willl be low. What prompt people to save is high interest rate.
So when there is high interest rate it encourages people to save. But it discourages investment.
To get it clear study the theory of saving and investment. Like I said Buhari increase the money supply interest rate has been 11% up to 2020/2021. Buhari printed so much money.
The graph below is the money growth.
Summery.... Too much money in circulation via printing much money. Fuel subsidy removal, unsecurity that threathened farmers mostly in North, high debt servicing. All contributed to the inflation we are facing.
Cbn gov accused Buhari regime of printing 22 trillion naira... Read more here https://punchng.com/cbn-printing-of-n22tn-under-buhari-fueled-inflation-edun/
https://businessday.ng/big-read/article/commentary-with-nothing-to-show-nigerias-money-printing-spree-backfires/ Relax, you both are correct There are different type of inflation and the solutions to solve them are different There is cost push There is demand pull There are also other factors that causes inflation like, insecurity and others Increase in interest rate is used to solve the inflation of too much money in circulation. But the inflation we are facing in Nigeria is caused by factors like insecurity, infrastructure, excessive importation. Cardo is giving the wrong medicine |
Business › Re: Amid Inflation, CBN Raises Interest Rate To 26.75% by mayor02(m): 7:16pm On Jul 23, 2024 |
Hackerman4745: This one no concern the common man.
Common man just need to feed that's all.
Nothing concern common man with loan This is so wrong If the companies borrow loans to produce at a high interest rate, then the cost of production have increased. To make profit, they will increase the prices of goods... So common man food cost have increased. Common man no fit belle full again |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 5:23pm On Feb 19, 2024 |
https: //chat. whatsapp. com/ JGT28jhpPwu8Ox1x1kMddi
Wema bank is recruiting at the moment Join the group chat for banks recruitment
Close the gaps for link to become active |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 1:00pm On Jul 12, 2023*. Modified: 1:31pm On Jul 12, 2023 |
. |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 12:29pm On Jul 12, 2023 |
Fejince: Basically, introduce yourself. Then follow-up questions from your CV. Then If you have had an encounter with an irate customer. Have you gotten a success mail Drop your contact let’s connect |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 5:00pm On Jul 09, 2023*. Modified: 5:38pm On Jul 09, 2023 |
1 |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 3:28pm On Jul 08, 2023 |
1 |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 3:27pm On Jul 08, 2023 |
adewumidaniell: Yes . I got it yesterday night Wow good Just did first interview yesterday When are you resuming |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 5:57pm On Jul 07, 2023 |
Deolimama: 3 days Just this GTbank WhatsApp group Close the gaps for the link to become active https: //chat. whatsapp. com/ G4GICAluWuvHsOZxIKNlYQ |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 5:44pm On Jul 07, 2023 |
Deolimama: Hey guys, biko who had their second interview today as well? Make me sef see partner na😄😄 I had my first today Let’s connect How long did you stay, before you got the second interview after the first |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 9:03am On Jul 07, 2023 |
Charmiechy: Anyone having their first interview tomorrow? Me, today |
Jobs/Vacancies › Re: Application For GTBank Entry Level Programme by mayor02(m): 6:11am On Jul 01, 2023 |
GTbank group chat https :// chat. whatsapp. com/ G4GICAluWuvHsOZxIKNlYQ Close the gap for the link to become active |
Career › Re: 2022 Access Bank Graduate Trainee Recruitment Has Been Extended by mayor02(m): 6:45pm On Jun 07, 2023 |
Access bank graduate trainee WhatsApp chat Close the gap for the link to become active https: // chat. whatsapp. com/ G4GICAluWuvHsOZxIKNlYQ elmourtal: They start sending massage for test invitation. |
Career › Re: 2022 Access Bank Graduate Trainee Recruitment Has Been Extended by mayor02(m): 9:56pm On Jun 06, 2023 |
Access bank graduate trainee WhatsApp chat Close the gap for the link to become active
https: // chat. whatsapp. com/ G4GICAluWuvHsOZxIKNlYQ |
Jobs/Vacancies › Re: UBA Aptitude Test: What To Expect? by mayor02(m): 9:54pm On Jun 06, 2023 |
For Access and UBA graduate trainee what’s app group chat. Close the gap for the link to become active
https: // chat. whatsapp. com/ G4GICAluWuvHsOZxIKNlYQ |
Jobs/Vacancies › Re: UBA Aptitude Test: What To Expect? by mayor02(m): 11:45am On May 16, 2023 |
Mails have started dropping |
Jobs/Vacancies › Re: UBA Aptitude Test: What To Expect? by mayor02(m): 10:06am On May 13, 2023 |
Lorayne: Why? Why do we need a WhatsApp group when information can be shared here for everybody to see? Information can still be shared here. It doesn’t change anything |
Jobs/Vacancies › Re: UBA Aptitude Test: What To Expect? by mayor02(m): 7:19am On May 13, 2023 |
mayor02: https:// chat. whatsapp. com / G4GICAluWuvHsOZxIKNlYQ
Join the WhatsApp group (UBA recruitment) Close the spaces in between so the link becomes correct |
Jobs/Vacancies › Re: UBA Aptitude Test: What To Expect? by mayor02(m): 7:16am On May 13, 2023 |
https:// chat. whatsapp. com / G4GICAluWuvHsOZxIKNlYQ
Join the WhatsApp group (UBA recruitment) |
Jobs/Vacancies › Re: UBA Aptitude Test: What To Expect? by mayor02(m): 2:29pm On May 12, 2023 |
rabbaefurher: How far people that have written, how did it go. Mine was a little challenging at first though, i believe it was nerves. But their time shaaa There was nothing challenging about the assessment. Just for children |
|
|
Politics › Re: How Are You Preparing For Subsidy Removal; Everything Will Be Very Expensive by mayor02(op): 5:58pm On Apr 23, 2023 |
nairalanda1: You either suffer expensive prices now, or you keep on incurring debt from the subsidy paid and suffer it in the future.
Take your choice. The government have succeeded in convincing you to believe a lie Instead removing subsidy, they should rather reduce the cost of governance Check the reason for the subsidy removal, it is to finance the cost of governance Instead the government to use the debts they have been incurring all these years to build a standard refinery, they were using it to finance governance expenses Now subsidy is the ultimate sacrifice |
Politics › Re: How Are You Preparing For Subsidy Removal; Everything Will Be Very Expensive by mayor02(op): 5:28pm On Apr 23, 2023 |
Toosure70: Nothing to prepare, only salary earners suffer it because as business's person , you sell what you buy period It will afffect business people also Are you selling everything in this world You will also go to the market to get groceries ehn The tomatoes, pepper, rice and yam and other essentials will be affected and you will buy them |
Politics › How Are You Preparing For Subsidy Removal; Everything Will Be Very Expensive by mayor02(op): 5:07pm On Apr 23, 2023 |
How are you all preparing for subsidy removal that will take effect from July 1st The Cost of Fuel is estimated to be between 500 - 750 naira Food will be expensive, transportation will increase by more than 50%. Every sector of the economy will be affected.
How are you preparing Are you looking for a remote job now? Because you will likely spend your salary on transport If you have a business, are you ready to reduce the amount of time you will use the generator How do you plan cutting expenses on Food and cloth? |
Fashion › Re: I Am Addicted To Wearing Shoes by mayor02(m): 5:44pm On Mar 15, 2023 |
blacksam01: watching movies , also news i noticed that Nigerians aare the only people on earth aside the arabs dt dont wear shoes..so it solidified my stance..many atimes i see guyz return from abroad and hardky can move around without wearing good
currently i tend to see ppl ( especially guys ) who dont wear shoe as shabily dressed and nomata what they wear and how expensive it is....they look like well dressed tout..
please am.i normal..?
it lead me to ask the question...why are Nigerians not wearing shoes most of the time...? Your problem is inferiority complex. The Arabs are very proud of their dressing that is why the world respect and admire their dress sense This is Nigeria, the weather is hot. Why will you were a shoe? INFERIORITY COMPLEX When the purpose of a thing is not known the abuse is inevitable Nigeria have one of the the best cultural outfit but we are not proud of it. We should Learn from the Arab |
Politics › Gbadebo Rhodes Is An Intelligent Opportunist, Every Youth Should Learn From Him by mayor02(op): 7:21pm On Mar 13, 2023*. Modified: 5:00pm On Apr 23, 2023 |
Gbadebo is a perfect example that proves the point that ‘Nobody will give you a seat at the table, you have to bring your own chair and force your way to the table.
He is excellent at identifying opportunities and taking them immediately. From being a nominee for the governorship ticket in PDP to making a radical U-Turn to LP for the same ticket.
He identified a massive movement and grabbed the opportunity. That is why he is a successful entrepreneur at a very young
Greatness will only come to those that have foresight to identify opportunities and have the balls to grab it |
Politics › Re: Bola Tinubu Is The Greatest Politician In Nigerian History | Bigger Than OBJ by mayor02(op): 8:51pm On Mar 10, 2023 |
soil4soil: That's what OBJ don't want and it has happened I believe Obj was fight for a different cause. He doesn’t just like APC and Tinubu |
Politics › Re: Bola Tinubu Is The Greatest Politician In Nigerian History | Bigger Than OBJ by mayor02(op): 8:40am On Mar 10, 2023 |
|
Politics › Re: Bola Tinubu Is The Greatest Politician In Nigerian History | Bigger Than OBJ by mayor02(op): 7:05am On Mar 10, 2023 |
2mch: Did he steal anything from your father? Peter Obi that appeared in Pandora papers is a saint? Peter Obi that robbed Anambra blind with nothing to show for it. This post isn’t about who is the biggest criminal. I am just stating facts |
Politics › Re: Bola Tinubu Is The Greatest Politician In Nigerian History | Bigger Than OBJ by mayor02(op): 10:50pm On Mar 09, 2023 |
paxx: People like you are the reason why Nigeria has so many issues. This guy is a criminal and you are claiming he is the greatest politician in Nigerias history. When he steals all the money Nigeria has you will act surprised.
How can a criminal be the greatest Nigeria has to offer!!!!! We have to promote good people in goverment or dont be surprised when our leaders are corrupt leaders who only steal and go to dubai & London To them politics is not about good or evil. They take politics as a game and a career. So He is currently a big winner is the game of politics |
Politics › Re: Bola Tinubu Is The Greatest Politician In Nigerian History | Bigger Than OBJ by mayor02(op): 10:09pm On Mar 09, 2023 |
perez100: Greatest election rigger? Yes, he is always known for evil. Peter Obi beat him in his own ward, LGA and Statement. But he is holding stollen mandate and men of good will cannot support such robbery. Tinubu must return Labour Party mandate. No argument about that Him being evil doesn’t remove the fact that he is a good politician |