OasisX's Posts
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![]() ......LOL!
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![]() Things may get worse before they get better. In the short term, these measures will lower growth. Given that a cheaper peso, new taxes and fewer subsidies will make living more expensive, there is a chance that prices could rise even higher. Martín Rapetti, a consultant, believes monthly inflation will at least double to around 20% and remain high for several months. But that is far from certain. Mr Milei’s emphasis on fiscal discipline may reassure markets that Argentina is not headed for disaster—if they choose to believe him. That would quickly pull inflation down, rather than push it up.Obidients are hailing, worshiping him upandan like they are doing to Otti at the moment. Dem say whatever Otti touches turns to gold - not water to wine. LOL! I celebrate Abians for the new Power Station, but I pray people like that Obidient that notoriously celebrated bypassing Meter on this board ain't much in Aba, otherwise the company will fold. Its a private firm not public firm. Let's protect the investment so it can attract more. |
GloriousGbola: ![]() In 1990 a new president in Peru, Alberto Fujimori, implemented a radical programme of economic stabilisation and reform. The exchange rate was unified at a low rate and then allowed to float. Subsidies on fuel and utility bills were withdrawn overnight; the government stopped printing money and dismantled capital controls and trade barriers. Inflation had reached 2,800% in 1989. As relative prices adjusted, it peaked at 7,650% in 1990 before falling to 139% in 1991 and 6% by 1998..........................Mi o ni sọ ń kánkán. LOL! |
CrystalTiger: ![]() .......LOL! Argentines are wailing as you too bro. |
CrystalTiger: ![]() .....Nkan Ẹni Ẹlẹni lo ń wá wùni ni Naija [Na someone's property we dey envy for Naija] LOL! Do you know the effects of his policies so far? .....lots of civil servants are jobless now, thanks to his policies. I guess you will praise PBAT if he does same? Also, monthly tax revenue has dropped by more than a third, from $9.4 billion in November, to $6.07 billion in January. Are you aware that after his first month in office, inflation grew from 12.8% to 29.9%?! Tinubu is getting cooked for inflation cos his policies too are resorting to inflation but we should be praising Javier Milei?! Under his watch so far poverty count has risen by a third from 4 in 10 to 6 in 10 within 3 months in office. Una want reforms in Naija but they don't wanna sacrifice. Una want chop cake but still have it?! LOL!
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![]() ....I have no relationship with the Seller, kindly take note.
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Ibime: ![]() .......bloody Abroadian. Mí ó ni sọ ń kánkán. |
![]() .......Sad News.
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![]() ....R I P Lord Shame. LOL!
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izzou: ![]() ......both bruh. |
izzou: ![]() ........I have been following their antics on X, even some are in APC, yet on this table and don't hide it. |
Taguchi: ![]() .....you know nihilistjnr no dey far from Kitchen?! Make he mention the name and get cooked as usual?! LOL |
izzou:......PS of whatever Ministry that memo leaks from should be querried and suspended without pay henceforth. I hate to admit it but I am kinda thinking some Northerners are working so hard to discredit, useless a southern Presidency. |
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😅😅😅😅 |
The head of the Association of Bureaux De Change Operators of Nigeria, Aminu Gwadabe, mentioned yesterday that the Central Bank of Nigeria might permit Bureaux De Change Operators to recommence foreign exchange activities at the official market, starting tomorrow. After an emergency meeting with officials from the CBN in Abuja, Gwadabe made a statement. The Central Bank has not yet released a formal notice regarding this matter. Gwadabe mentioned that more than 4,500 BDCs licensed by CBN will be involved in the official trading activities, along with banks acting as authorized dealers. The Bureau de Change operators are required to deposit naira into their accounts at the Central Bank of Nigeria in preparation for the upcoming transaction. “Our members will fund their accounts with the CBN on Monday (tomorrow) to enable them transact at the official window,” he said. He mentioned that the central bank had advised the Bureau de Change operators about the significance of submitting reports promptly and adhering to regulations against money laundering. Gwadabe reassured the CBN that BDCs will comply with the policy regarding the submission of returns and will consistently furnish comprehensive reports on the utilization of previously acquired dollars from the market. The naira's exchange rate vis-a-vis the dollar is expected to decline in the future as additional BDCs gain access to dollar reserves, according to the ABCON chief. According to Gwadabe, while BDCs welcomed the return of dollar sales to operators, they are also expressing their desire for the CBN to provide additional avenues for them to conduct business, such as enabling access to diaspora funds. “We want more windows to be opened for BDCs instead of restricting BDCs to official market funds,” he said. |
A state visit is a formal visit by a head of government or head of state to another country at the invitation of the host country. They are highly ceremonial and most times are Government-to-Government interaction to strengthen diplomatic relations, bilateral ties or sometimes push trade and strengthen cultural relations at the government level. However, the visiting country can request to have additional non-government interaction e.g. business-to-business meetings with private sector players on both sides coordinated by both governments. It is left to the host country to do its best in putting its best foot forward in terms of representation of their companies. At such events, MOU’s can be signed or agreements for partnerships reached. Kudos to Mr President for always trying to maximize every state visit in the best interest of all sectors of the Nigerian Economy. So what’s the brouhaha about Qatar saying they are not sufficiently prepared to host a private sector engagement for businesses in both countries on the sidelines of the formal government-to-government meeting(s) which Nigeria requested for them to hold during the state visit that Qatar invited our Nigeria’s President to? This is what happens when people can’t read the lines of diplomatic speak. In any case, Nigeria and Qatar are currently engaging on discussions to establish a more concrete trade and investment environment and an agreement has almost been reached. In SUMMARY 1. state visits are formal visits by heads of government or state to other countries to strengthen diplomatic relations, bilateral ties, and sometimes to push trade and cultural relations at the government level. 2. The visiting country may request additional non-government interaction, such as business-to-business meetings with private sector players from both sides. 3. The host country is responsible for representing its companies in the best possible way. 4. Nigeria and Qatar are currently engaged in discussions to establish a more concrete trade and investment environment, and an agreement has almost been reached. - O'tega Ogra |
Ballzproblem2: ![]() .......you're still a patriot but semi-patriot though. LOL! |
Ballzproblem2: ![]() .......you're a patriot. If you see good news, share it too. It shouldn't be about bad news all the times. |
Ellexy: ![]() .......how nah?! Dem beat una club for home, na propaganda you dey look for upadan. LOL! |
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Incognito9: ![]() .....he did criticise it as well. He's my Gee by the way. |
![]() .....one state carry Billions built a Church, Lagos is about to build entertainment Arena in Lekki. Holding Governors accountable is really a farce. LOL!
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Segedinho: ![]() ......you're absolutely correct bro. |
![]() .......Red line! 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
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Ballzproblem2: ![]() ....I disagree bro. Lots are working. Ask Palestinians, Kashmiris about non-working nations. LOL! |
Segedinho: ![]() .....of course I know bro. Bastard you say? A whole Commander-in-Chief?! LOL! |
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