₦airaland Forum

Elynxx08:
08096276085. Interested

ARE U IN ABUJA?

Siena:
[color=Blue]I'm interested. What's next?[/color]

really?

experience driver,

terms of return: daily balance.
two sureties/ guarantors
indicate intetest pls.

experience driver,

terms of return: daily balance.
two sureties/ guarantors
indicate intetest pls.

Fadelex:
will get back to you by evening. .. will appreciate if you can drop ur contact or email

MY EMAIL IS :WRITE2MMB@HOTMAIL.CO.UK

Lildav:
What's ur budget? Email me ojochideojogbane@gmail.com
I can connect u.

My bduget is 1m to 1.5m

i am a serious buyer.

greatiyk4u:
Hmmmmm..............I think the best action would have been to suspend the project and ensure due process is followed before continuing to ensure a sustainability as a result of all the shady deals exposed recently associated with the project.

are you telling us? go to FEC and tell them.

lalasticlala, are u still sleeping?.

too bad.

lalasticlala

cassimere:
What ministeries are they heading?

We can expect more wailing from the wailers from Rivers State over Amaechi's nomination.

And where is Femi Falana (SAN) and Pat Utomi?

Technocrats are on the next list.

true talk

lalasticlala

Serious.
If am the husband na sack i go sack her.

cc: lalasticlala

Goaaaaaaallllll!!!!

Swansea scores

2-3

The fire brigade resolution by commercial banks to reject foreign currency deposits yielded result briefly early this week, with the Naira at some point appreciating to N210 to a Dollar. This was better than the N240 to a Dollar a week back. Speculative trading on the currency was temporarily slowed down by the action. This gain recorded by the nation’s currency was largely driven by excess Dollar supply in the market as people and businessmen could not save in their domiciliary accounts. However, this cosmetic and draconian measure crashed just a few days after.

By yesterday, the Naira had depreciated to N224 to a Dollar. Obviously, any economic action not built on a solid foundation and sound reasoning will always fail. How can deposit money banks suddenly stop their customers from putting money in their accounts? This is weird news coming out of our dear country. I consider this a breach of trust by the banks. It is akin to what we call bolekaja in Lagos. i.e. roforofo fight by desperate touts in motor parks.


The CBN Governor, Godwin Emefiele had earlier in the week said the “keep your Dollar at home” decision by the banks was not taken by the CBN, but that the apex bank was in support of the idea. I was convinced that the banks could not have unilaterally initiated such a draconian action. This is the voice of Jacob, but the hands are that of Esau. The banks were clearly bolstered by the CBN that has been fighting a losing battle with speculators and money launderers. My conviction was confirmed on August 5, when the CBN formally proscribed the acceptance of foreign cash deposits by commercials banks operating in the country.


A lot of lies have been flying around. Imagine the commercial lenders saying they stopped accepting Dollar deposits when their vaults were full and had no avenues of transferring the cash overseas? These banks are overwhelmed daily by international money transfer customers who are paid in Dollars. Sometimes, they will even tell such customers to come back due to shortage of the USD.

I hope we won’t get to the level where Nigerian banks will shut their doors for days as was the case in Greece a couple of weeks back; all in the name of trying to shore up the Naira. For me, this “keep your Dollars at home” measure aimed at strengthening the Naira is a fraudulent one. That was why Naira’s gain in the parallel market was short-lived. People will always find a way of circumventing steps like this one. The CBN should be more proactive in tackling the fundamental problem of the actual pricing of the Naira. Our currency can’t genuinely appreciate if industrial production remains low. It can’t appreciate if our source of revenue and forex remain largely crude oil. Our dear Naira can’t appreciate if we remain an import-dependent economy. Unfortunately, we still don’t have an economic team to work on these challenges. Our President is still on honeymoon, while Emefiele is left alone to carry the cross.


The actions and inactions of the Buhari regime have so far complicated the case of the Naira. For example, it was depressing knowing that President Muhammadu Buhari ordered the CBN to sell Dollars to Christians pilgrims at a concessionary rate of N160 to a Dollar. Muslim Pilgrims are also expected to get this concession. I still can’t understand why Buhari should subsidise pilgrimage, despite dwindling foreign exchange earnings and pressure on the Naira. By this action, the President has equally opened a window for corruption because people can buy at N160 to $1 and make a huge profit at the parallel market.


Again, so much cash is being pumped into the system to the detriment of the Naira. Over N1 trillion was shared in the May and June by all the tiers of government. There was also the N700 billion bailout fund shared last month. The CBN is getting set to release further N300 billion cash to profligate governors and N213 billion power fund. The economy is clearly awash with Naira. Also having a negative effect on the Naira is the problem of political uncertainty occasioned by the lack of cabinet.

source: http://www.thisdaylive.com/articles/cbn-s-bolekaja-tactics-to-shore-up-naira/216924/

RIP

redcliff:
It would nvr make fp!

amen

redcliff:
Whats our business? And those people using style to book space up there

sorry, it is not meant for you. no need to comment.

Rest in Peace my Late Shehu.

handsometokunbo:
If you are not happy in the marriage, just go for divorce and take your time to remarry again.

Pls, take your time cos women are completely different human beings when they are in your house compare to when they were courting.

Women are all the same everywhere but with little difference.

You need immeasurable wisdom and maturity to deal with them and that is what make you an husband

thanks

onatisi:
the million dollars question is “why do u want to marry a second wife?”

so many reasons.

hello,

There is a girl whom I want to take as a second wife.One day my wife saw my conversation with the girl on whatsapp when I went out and left the phone in the living room unlocked.

Mehn! My wife just called the lady and blasted her even threatining her, with things like: she will realise her mistake, she will never see person who will marry her in life and lots more.

My fiancee called me and narrated it to me telling me that she can no longer tolerate this that it is better to call off the relationship. I calmed her that she shouldnt be bothered if she really loves me. she should stand by my side and realise our dream of getting married.

Please your matured candid advice is needed on how to handle this because two head is better than one.

Basildvalour:
Oga, stop polygamy

Its unhealthy

enumerate your reasons

Hello,

There is a girl whom I want to take as a second wife. One day my wife saw my conversation with the girl on whatsapp when I went out and left the phone in the living room unlocked.

Mehn! My wife just called the lady and blasted her even threatining her, with things like: she will realise her mistake, she will never see person who will marry her in life and lots more.

My fiancee called me and narrated it to me telling me that she can no longer tolerate this that it is better to call off the relationship. I calmed her that she shouldnt be bothered if she really loves me. she should stand by my side and realise our dream of getting married.

Please your matured candid advice is needed on how to handle this because two head is better than one.

I still cant comprehend as to why BDC and Malams sell or buy dollar at the rate which is below that of CBN. As at today, BDC buy dollar at 170 where as CBN pegged the rate at 198.
pls somebody should educate me.

I still cant comprehend as to why BDC and Malams sell or buy dollar at the rate which is below that of CBN. As at today, BDC buy dollar at 170 where as CBN pegged the rate at 198.
pls somebody should educate me.

Jonathan and his wife lack sound grammar in English.

Nice one.

I hope Nigeria will gain back its lost glory.