₦airaland Forum

DexterousOne:
Not to talk of deducting N50 from the recipient of Money

You want to transfer N10k to a cousin or nephew

The person on the other hand receives 9950
Is that not stupidity and foolishness?

Yes it is. I was telling a banker today that there is actually no need for me leaving my money in a bank since there is no incentive to do so. Now tell me, if about 100m people share this thought with me, whose money will a bank use to pay workers and lend to borrowers? CBN is depreciating the value of Naira money and now want us not to domicile our hard-earned money in dollars.

pluto09:
It is better you learn o.
Many had already envisaged this move by CBN and they have moved on.
The interest in crypto in Nigeria is massive.
Crypto market is getting bigger and bigger everyday, arguably now bigger than NSE

Where can I learn the nitty-gritty of crypto so I can convert my idle dollars?

ahiboilandgas:
very ..over 30 meter was installed in our area only 6 is working

Na waa

DexterousOne:
Exactly


There is no sentiment or patriotism when it comes to money


If the populace decide to put a foolish man as a president
And cheer useless policy makers to wreck the country
And the currency by extension

What I have laboured to build should not be affected by it


Look at how Dangote networth have plummeted

Even him have had enough
And will be hedging part of his wealth in America

It's a lost cause

CBN better NOT start that war......
It wont end well

They should not start the war with their useless policies. I was even thinking of what need is a bank to an individual, if a savings account does not yield interest and loan is hardly given.

pluto09:
Use it to buy crypto.

I don't understand how crypto currency works.

ahiboilandgas:
Nigerians by pass smart meters and refused to pay for electricty supplied then wonder why nepa has not brought light ,then nepa people will dish our imaginary bills and imagine mad people should pay why woudnt they pay....nigeria govt sold nepa for 400bn naira as a private firm ..now govt have spent 1.5 trillion on same organisation in name of support ....

How is this possible?

9jatriot:
Can you have a naira Dormicilliary account in the US or Europe?

You can't have because Naira is not a medium for exchange in world market. But dollar is.

So now, what will happen to my unproductive $30 that I have in my credit card now?

ahiboilandgas:
Nigeria is a reflection of the country we collectively deserve while Norway is the country Norwegian deserve ......after filling the drainage with takeaway pack and it rains and their is flood Nigerians will wonder how come it happend ...like wise Nigerians buy up dollars and keep in dorm accounts unproductive and wonder why dollars is scare and why the cost of sardines produce abroad is now 380 naira from 200......confused Nation....

Aboki confuse

Make I laugh small

Omo, dis one na evil spirit himself! Na monster be dis. God go punish am now and forever

Negotiate:
lol

I do not support Buhari, but although this is a good move. Naira is about to hit 500/$.

A lot of criminals collect USD while claiming to want to import agricultural/food products. Unfortunately, this good move will lead to a bad result due to dollar scarcity.

Nigeria is too damaged to work.

Good moves leave bad results, bad moves leave bad results.

Explain further this your perceived good move.

Dis last pinshure Nothing dey dia

Keyed into Crowdvest savings and received a bonus of #2000.

Who has heard of utfinancial? I want to delve into one of their investments but will like to hear people's testimonies first.

Good one Tecno

I thought Ararume won the primaries. APC loves wahala too much. Ararume fights dirty all the time and may be a plug in APC's wheel this time.

Mariaangelo:
Evenin newspaper

Na wetin na Which one be evening newspaper

The only change here is the increase in tariff x2. So with a reduced consumption of say 100 kWh ikeja electric will get what it will get when consumption reaches 200 kWh with the old tariff rate. In truth, Ikeja electric is not ready to improve. Where the firm will make more money is with unmetered buildings, it will just share rubbish estimates of power consumed and times them with the new rate.

Deliver us from Ikeja electric!

Ngige is talking rubbish because his Igwe repented and begged Obiano. He now wants the man to be banished so he can hijack the throne of Alor.

Ganduje na mumu

Heart attack

dis one go soon go loan

I have search Wealth Ng but can't find the real estate option.

This is lovely Isa Pantami Garba Dambatta!