₦airaland Forum

Pathetic....thread to be closed

See bear beer....'Goatie'

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Correct.,...

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What is meant by allegorical?

1 : the expression by means of symbolic fictional figures and actions of truths or generalizations about human existence a writer known for his use of allegory also : an instance (as in a story or painting) of such expression The poem is an allegory of love and jealousy. 2 : a symbolic representation :

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Niggas mehn....

EFCC.....more stressful but more pay (legal and illegal)

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Wike....dness

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Buhari sold the place...

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Frenemies....?

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If it were your only son/child - would you want death penalty?

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Salintomy:
I love this tinubu dance meme ehnn

i thinks it needs some updating??

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oio

The Central Bank of Nigeria (CBN) has removed the official exchange rate of N379 per dollar from its website.

Also, The last time the exchange rate data was updated is Monday 10, March.

However, a check by Ripples Nigeria on the homepage of FMDQ website, where Naira is officially traded, showed CBN official rate remained at N379 to a dollar.

There have been several reports about plans by the CBN to officially devalue the naira.

In fact, following several reports that Nigeria has adopted a new flexible exchange-rate policy for official transactions, the Governor of CBN, Mr. Godwin Emefiele debunked the reports at the March MPC meeting.

However CBN January economic reports shows Naira exchanged for the dollar at the rate of N381 in its transactions for the month.

Ripples Nigeria understands that since last year the federal government has been under pressure to adopt the flexible exchange market (the I&E window) as part of the condition to grant request for “emergency financial assistance” of $3.4 billion under its Rapid Financing Instrument (RFI).

The Deputy Managing Director and Acting Chair of the IMF, Mr. Mitsuhiro Furusawa, in a press release revealed that Nigeria was taking steps towards floating the currency (flexible exchange rate as they call it) and unifying the exchange rate.

Since the beginning of 2021, Central Bank of Nigeria (CBN) has devalued Naira three times which it admitted in a statement to Journalist.

“In order to adjust for the decrease in supply of foreign exchange, the naira depreciated at the official window from N305/$ to N360/$ and now hovers around N410/$,” Emefiele said.

Already on Friday afternoon, at the investors and exporters window, Naira/dollar is exchanging at N482 and N483 per dollar at the Bureau De Change (BDC) segment and the parallel market respectively.

https://www.ripplesnigeria.com/confusion-over-official-exchange-rate-as-cbn-removes-n379-1-from-its-website/

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We will vote for him......but

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President Muhammadu Buhari has promised that Nigeria will assist the Republic of Chad to stabilise and return to constitutional rule.

In a statement in Abuja on Friday, Mr Buhari’s spokesman, Femi Adesina, said the president made the pledge when he hosted the President of the Transitional Military Council of Chad, Mahamat Deby, at the State House, Abuja.

Mr Deby took over the mantle of leadership of Chad after the death of his father, Idriss Deby, on April 19.

Idriss Deby died in battle, while leading troops to confront insurgents who came in through Libya.

The country consequently set up the transitional council.

Mr Buhari told the new Chadian leader: “We are bound together by culture and geography, and we will help in all ways we can.

“Nigerians know and appreciate the role Chad played in helping us to combat terrorism, we will continue the collaboration,” he said.

The Nigerian president described the late Mr Deby as his ”personal friend and a friend of Nigeria”, noting that Chad had been very steadfast in defending Nigeria.

https://www.premiumtimesng.com/news/top-news/461547-buhari-pledges-to-help-chad-stabilise-return-to-civil-rule.html

Southerners need to be present at these meetings!

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meolaniyi:
Tinubu new looks

You forgot to photoshop one of his arms

Power surge?

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