₦airaland Forum

Supremefx:
More details on this would be coming up soon.

Greater Heights We Pray For amen 🙏

I hope you are not withdrawing your services

Ibrahimlagosian:
E no funny na

James is on a special high today 😄

taylor88:
Marrying to them how?


Are yahoo boys not humans?


Abi na all yahoo boys dey do rituals


If the country was stable like a sane nation 90% of the youths won’t even think of fraud


I’m not consenting fraud but it’s far better than skull mining and drug peddling



Which one be girls are marrying them



No be person marry Tinubu?

Senseless post defending ritualists

flokii:
These wailers should allow the President breathe biko..
He is appointing those he considers best fit for the job.. Lagos is the most prosperous state in Nigeria as we speak, so it's very normal to see more appointments for Lagos and better by far Yorubas.

Lagos is the most prosperous state but your people are languishing in poverty and begging their master strategist to lighten their load of hardship and suffering. How many Igbos have lamented and begged Tinubu to lessen their suffering?

When your master strategist belittled the importance of statistics you applauded him. Now you are relying on the same statistics to boast of audio prosperity. Lol.

You who cried that Buhari's appointments were ethnic-based now beat your chest in support of Tinubu toeing the same path. Your double-standard is epic and record breaking. Worse, you shamelessly flash it as a badge of honour.

GabsonFX2:
Carry go supremefx aka ekesoft.

No shaking

I will personally obtain a $200K account from you guys soon if your DD is balanced based.

I've read somewhere it is balance-based. SupremeFX can shed more light on this.

DXYY:
We are also not helping ourselves when we are quick to come out and attack people who are willingly helping this thread, he is helping in his own little way by providing valuable information to this thread, I personally have benefitted from the discount maven did which mean his information is helping someone, if two or three people can be helping with this info it means the thread is moving forward and if you want to point someone's attention to an error or a mistake there are ways of doing so, the way @pristine approached the whole issue is insulting to be honest , @Supremefx as not asked for money or anything so why not give him a chance all he said was to follow his link to register which I think it is not a bad a thing, abeg make we comot this kin mentality no be everybody wey they help willingly go later ask for money, if person help na war if them no help na still war nawa o.

I have intentionally stayed away from the matter but it is clear to anyone that Pristine approached Supremefx with an accusing tone. He could have simply made his enquiry with maturity. We are not kids here. Besides, he is not here on his own. Infofirst and Supremefx both worked together to make the promotion of Maven prop firm possible to be of benefit to traders. Ekesoft aka Supremefx was welcomed here with open arms. I wonder why he is being attacked for doing what was already approved.

Arewa Twitter, at least wait till a year has elapsed before you conclude. It is too early.

panpan:
One of the major causes of the fall of the naira is external borrowing.

During Sani Abacha's rule from 1993 to 1998, there was some reduction in Nigeria's external debt. The naira remained relatively stable.

During Obasanjo's second term as president from 2003 to 2007, the minister of finance successfully negotiated debt relief. For a brief period, the naira appreciated.

I had already checked this out. Naira only appreciated around 2005 and 2007 courtesy of the debt relief.

Nigeria is choking on excess borrowing. This is compounded by years of trade deficits. Why won't the naira fall like a bird that is shot and falls from the sky?

APC economic experts are now blaming the masses for the fall of the naira in that they don't patronise local goods and services. Many firms have folded up and more to follow. Is it not the local spending of Nigerians that sustained those firms till Buhari and Tinubu happened?

rainlover:
no sir. Go and do farm work.

That is a female trader

Zamanda:
Will I make it with forex? Will I succeed in forex? Is forex for me? Or should I go and learn 'yahoo'

The person with the best answer to your question is you.

BitterTruth01:
No but it’s not the fault of the innocent businessmen and consumers that the government has not incorporated our BDCs and forex apps into the platform . This can be done.
Those talking about arresting people or seizing funds in accounts are just ignorant

Tinubu supporters will throw their weight behind the bolded disregarding the grievous harm it will do to the economy and democracy as long as the president okays it. Do you now see why I said that I had lost hope seeing that a very good number of Nigerians supporting Tinubu have not being in touch with their freely deposited intelligence for years?

BitterTruth01:
I was scrolling through nairaland and came accross the topic on forex regulations. See the original thread below

https://www.nairaland.com/7888581/fg-outlaws-black-market-forex

There were a number of good points especially this one

13. Expand the official foreign exchange market to incorporate BDCs, forex apps and retail fx dealers, and outlaw transactions in the black market.

I liked this one above because the past administration was doing the opposite. They were attacking BDCs and apps like abokifx as if they were the root cause of the problems were facing . Clearly they didn’t understand that businesses like these help to deepen the economy and all that was needed was proper regulation and enforcement to avoid abuses and ensure consumer protection.

But I noticed some comments like this:



I feel a need to point out the appalling ignorance in the thought process that enabled this person post this just because there were a number of likes to the comment.

Yea the FG reserves the right and indeed has a duty to protect the naira. But that is done by fortifying the foundation of the economy and boosting local production. If we cannot consume everything we produce , then we export the rest . The more we export , the higher the demand for the naira as foreign buyers will need either need to buy naira to pay our exporters or they’ll pay in FX which will result in a higher supply of FX and the price will inevitably fall.

But how do you start producing more than we consume ? Go back to your Business Studies is JSS3 and look at the factors of production.. Then add other factors such as power and insecurity and it’s not hard to see why we keep importing.
We have indigenous car manufacturers in this country , but what did our senate do ? They went to spend $160m of borrowed funds to purchase foreign-made cars . That money will end up abroad in the bank accounts of foreign manufacturers . Now tell me , are these senators not enemies of the country ? Why is the executive allowing this

But who is being attacked : An international businessman like me who gets paid in dollars and keeps the Fx in a Nigerian bank account for when I need to use . Or a grandmother in Nigeria who receives dollars from her grandson abroad and keeps it in her account for when she needs it . These are the people that are being targeted.

The people receiving FX from abroad are actually helping the country , Cos they’ll eventually sell it and buy naira . And if they choose to not sell it , then so be it. The FG and CBN will be overstepping its bounds if it tries any act of criminality like going after legitimately acquired income sitting in personal bank accounts. Such actions will result in immediate lawsuits. It’s a sign of a failed state akin to the likes of Venezuela , Cuba, North Korea to embark on such draconian steps while protecting the privileged political class.

If you wanna fix the country , fix and stop with the cosmetic solutions. Fix the refineries , fix the power stations , cut down on government spending and corruption, force the states to look inwards so they can reduce dependence on the Father Christmas federal government . Embark on a massive security drive by pushing for community and state policing. Just provide the right environment and you’ll see private citizens becoming more productive.

I don’t expect these points to make sense to everyone, especially those who are either ignorant of international business or those whose logical reasoning have been compromised by political or ethnic-religious affiliations. But I hope some people will understand .

Front page material. I'm very glad that there are Nigerians that still have connection to their brain. I was beginning to lose hope seeing Tinubu supporters.

All you have said is apt to fix this broken economy. I have kept saying it. Only a positive trade balance will redeem the value of our currency. Reno ignorantly opined that an increase in the patronage of local goods and services will save the economy. While that is not a lie, it is not the practical solution to a free falling naira.

Local patronage will continue to decline as long as inflation is hyper. It is only in APC administrations that Nigeria experienced hyper-inflation. The cosmetic Central Bank should raise interest rates first and arrest inflation to pave the way for local consumption of goods. The soaring prices of goods will come crashing to their true value - the equilibrium price.

The dollar to the naira rate will see significant improvement when our exports exceed our imports. That can never happen until we have fully functioning refineries. Export production should be greatly encouraged at this time. Businesses that engage in services where they are paid in dollars should not be stifled with forex restrictions but allowed to expand their base. The previous administration did the exact opposite of this. Their failure on the financial and economic front of the nation is catastrophic as it is monumental.

I don't want to repeat the things you have outlined verbatim. This is a very good article that X-rays the ailing economy and proffers cogent solutions to salvage it from its current shipwreck.

GabsonFX2:
When you posted the result, I restrained myself from saying what I actually wanted to say.

First of all, you did not make 88%, you made 880% in 3 weeks, that's 8.8 times your trade capital allowance, in 3 weeks.

As an investor I am, I will never invest in you. I will disqualify you showing me this result.

However, above all these, hope you are OK now.

A fresh perspective. I wouldn't blame him for raking in such astronomic profits in a short duration being a competition and the stake is the prize. If he had actually achieved a similar feat with a challenge account prior to being funded then that would be a red flag to prospective investors.

Fahvvy:
Your wife told you to your face that you have to earn s.ex? ...

So all you're doing (working multiple shifts per day and helping out in house chores), still hasn't "earned" you a night with your wife? Wawu! ...


I understand that child birth comes with a lot of changes, however, her choice of words (earn se.x) sounds really offensive in my opinion ...

Women need to understand that your body according to scriptures no longer belongs to only you when you get married ...

So depriving your hubby of his body is cheating, so don't get upset when he goes outside and find relieve somewhere ....


I'm not encouraging cheating, however, whatever can be avoided should be avoided - depriving your hubby of s.ex for no tangible reason is a very big mistake ....

A word is enough for the wise ...

Spoken like a true wife material. 🙂 I hope you sustain this opinion of yours for your hubby to enjoy you. May your marriage be blessed.

Fxwarrior:
Fixed. Thanks.

You're welcome, boss.

Fxwarrior:
Thanks but it's not it.
It's in advanced view already.

Mt5 used to behave like that, now mt4 have joined them.

Have you enabled OHLC in the settings tab of your app which displays the Open, High, Low, and Close values?

If you are friends with a man or woman easily prone to anger you are friends with calamity. Don't blame village people when it strikes.

GabsonFX2:
How is US30 Short doing? On your chart.

700.0 pips

Next withdrawal in 8days

Was actually wondering when you would show up. More wins to your account, boss 😃

haryodehjia:
I'm pained more than you... I wish you understood the balanced based drawdown 😢😢😢

It was equity-based drawdown that affected him

wuyexzy01:
Boss, u mean if dem wan see the face of robbers on the forum. They should come to FTA thread?

E shock you? 😄

Angelfrost:
Preparing to wetin?!! Lol.

Most of them like Prof. Reno Omokri have no business or residence in Nigeria.

They stay in the comfort of another nation's flourishing economy to tell Nigerians what they should do about their economy... Na dem support these clueless and corrupt leaders pass.

Asin. Reno is tweeting from the economic shade provided in a developed country to all their residents where things work while telling those in Nigeria how they should think and act all directed at supporting this failed government.

Reno is not the problem. It is those in Nigeria suffering the consequences of bad leadership who listen to him and others like him that are the real problem of this country.

Basicend:
You people keep electing very old, sick, vegetable brains as your leaders in this country. .

Thieves that have stolen billions of dollars that can't feel any winds of a negative economy in the next 30 years. .

You had a Buhari. . You handed Barton to a Tinubu. . Same sick vegetables that can't even comprehend a paragraph of message in a paper.

The best years of Nigeria were during the PDP administration.

PDP administration sought competent hands to handle the sensitive affairs of the country regardless of tribe or language. They were corrupt in their own way but they steered the nation in calm waters economically.

Buhari came in, and with him came tribalism. Hausas headed 90% of the sectors of the nation. We all know how it ended. Then Tinubu came to build on the legacy of his predecessor by appointing Yorubas to head the majority of this sectors. The common thread in both failed administrations is their deep-seated tribalism which influenced their selection rather than capability. In fact, the only thing that remains is for Tinubu to just use Nigeria as collateral for more loans but even greedy investors will reject it because they cannot feel any pulse in the economy. Who wants to invest in a farm that has never produced fruits for more than 8 years now?

Angelfrost:
Well... According to "Economics Experts", the fall of the Naira is the consequence of removing the cushion of subsidizing or buffering the currency.


This means the Naira will keep free falling till people are compelled to quit exchanging it for the Dollar... This clearly means a drastic fall in importation or any business that involves exchanging Naira for Dollars

This is supposed to cause a massive inward drive into local production and consumption, with the consequent recovery of the Naira.


Everybody must learn Economics under this Shege Promax regime.

Economic Experts that are preparing to japa 😂😂

Hardship no dey hear english 😂

Yoruba Tinubu supporters, are you guys just going to let your tribalism and bigotry ruin the nation? The naira is sinking fast, and along with it our economy, our businesses, foreign and local investments will sink. Why are you people so heartlessly mute as if you are immune to the disasters ushered in by a weak naira? What a nation that cannot stand as one.

The CBN is just a cosmetic label to the economic engine of the nation especially when tribalism influenced the selection of the governor rather than experience and competence.

Checkwell:
He is a thief! Na man. Thief!

Just report the scammer's post using Rule 8 anytime you see it. Quote and warn others before reporting him. Genuine people who need help will be denied owing to the shameless activity of this scammer.

AskProf:
Are you cursed?

Angel, Angela, Uyom, Oyom, Faith S H, Blessing, Shiando, Angell, Ubi etc is the same and one person, a MALE.

You are ANTHONY M. OKEKE, the scammer, thief, impostor with 10 years experience and 260 monikers.

You operate 18 bank accounts in UBA, Fidelity, First Bank, Kuda, Union Bank, GTB, Stanbic, Opay etc.

Do you even know that the 28 likes on the post were by the very same person with his multiple accounts used as a strategy to deceive people into thinking that the public has sympathy on his plight, and that the likes will generate a ripple of sympathy to others who have swallowed his lies hook, line and sinker?

Nitamom:
please guys, please I've tried to get little help here to no avail, please I beg you in the name of Almighty GOD pls, If any good samaritan can please help me, no matter how little so we can buy foodstuff and cook, I will be very happy. my daughter and I we are starving. Please help us the last time we ate a good food was from our neighbor on  sunday. Since then we have surviving on drinking garri since Monday and the garri we use to have hope has finished. the little money I have I used it to pay for house rent so that we can at least have roof over our head. am pleading for help please, not for my sake but for my daughter please am a single mother. No matter how little it will go a long way to help us. Almighty God bless you

Acct num with faith

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G.TBank

My name is Angela Oyom. Almighty God bless you and your family

Whoever gives a dime to this scammer above, this lazy man with a million accounts dedicated to this purpose, whoever does that is foolish beyond words - except the person just joined nairaland and has not witnessed this eyesore that has been around for years now.

GBP bullish across all boards

Most notable 10, every opponent keeper's nightmare on golden wheels. Congratulations, sir. May your marriage continue to be in good health and give you lasting joy.

realone12:
e just be like sey make I hang myself..

Are you serious? Realone12, it is painful but pick yourself up. You have the skill, the experience, and now the wisdom. Your future is brightest even when your present looks the darkest. The light may just be a few feet away from you. Don't dwell on what has happened. Keep walking, keep trading. Opportunities will come.