₦airaland Forum

If this is true then the person deserved to go bankrupt.

blamingthedevil:
So is Nigeria Govt defending all currencies of the world?


Nobody is subsidizing anything.... Naira is gaining it real value without being defended like the way hard earn currency being used in the past .

Truth...

By the time naira finally settled, it will shock everybody.

I'm seeing 400 in the making

RayRay06677:
Should take it back to less than 5h

It's a gradual process

The economy is bouncing back.

When naira finally settled, it will shock everybody.

awesomeJ:
I would say the CBN should pause at 900 to 1000 levels and start building reserves.
They've done a lot of work regarding boosting supply by way of crashing unnecessary demand and hoarding.

They should now complement it with reforms that significantly lessen the burden for folks that genuinely need FX. I should not be waiting for weeks to get my forms A/M treated, I shouldn't spend more than an hour to process my BTA/PTA etc.

Then while these hoarders continue flooding the market, they should mop up and target a $40bn reserves level in a few months.

You are right thou but the market and CBN policies is driving down the overated USD and naira going back to its true value.

When naira finally settled and strengthen to it true value, CBN will put everything in place.
#Truth the process

In-market rate is now #950 / 1usd

Dollar will likely settled at 700 by June

5454Darese:
Yeah I did. And she also took all these along.

Seriously I do not know what is going on again.

Pencil down ✏️

Kaymanz:
Good day everyone,

I need your input here. I recently lost my elder sister, who was a permanent resident in Canada, and we are planning to lay her to rest soon.

I have applied for and received a visitor's visa to attend the burial in Canada. Currently, I work as an accountant and earn relatively well as an entry-level staff.

Would it be a good idea for me to leave my job here in Nigeria and use this as an opportunity to relocate, considering that I only have 6 months to secure a job in Canada that could sponsor my work permit?

I would like to know my chances of securing a job or converting my visitor's visa to either a work permit or a study visa.

Please, I need your input, as I am very confused at the moment.

Aside from using Canada visiting visa to visit, touring and have fun.
That visa is very very useless in Canada.
Basically changing status while holding a visit visa is almost impossible.

Don't say we didn't warn you o.

5454Darese:
It was passport request letter

Did you book for passport submission appointment with vfs before going?

Documents needed for submission...

Appointment letter
Passport request letter
Original passport
Biometric slip copy

5454Darese:
Hi everyone. I was asked to submit my passport today and when I got to VFS Lagos they didn’t collect my passport. They only collected my contact details and said I will get an email or call. Were they not supposed to collect the passport and send it to ircc?

VFS suppose collect your passport for stamping.

Did they send you passport request letter or biometric request letter.

ogawisdom:
Dollar- Naira so someone cannot play with you again

Naira - Play kill you there




Dollar still dey collect daily

In market rate is actually 1,080.

godslead:
🤣😂😄 Thank you so much . Hopefully I'm not crying because you're so kind. Remain blessed.

Your welcome

Enjoy your day dear

godslead:
Good day everyone. Please can I use a Naira (visa) card to pay for Canadian online visa application fee? I actually tried and it showed declined I want to know if its a network issue,bank related issues or outright " it can not be used!". Please be kind with your response I cry easily. God bless you.

Naira card won't work.
Get a dollar card for your payment.

Cry cry baby 🤣😂😄

Nigerian economy

The more you see, the less you know.

Naira is gaining massively against USD.

Infact naira is still undervalued at 1,000.

By May hmmmm Hoarders go cry bitterly

AWonder:
I tried registering for the application status tracker, it says my details is attached to a particular email which I believe is the agent's email.

I seriously doubt if agent will use your email for the application.

Seems like he used your email to book appointment with vfs for biometric.

Inshort... you cannot track your application without having access to the email used

awesomeJ:
Some people think the fact that we're using FPI money is an issue. The fact is dollars will always flow into the economy, but it's better to get them in at #1000 instead of at #2000.

Remittances for instance regardless of exchange rate, at least $20bn will still flow in.

If they're exchanged at #1000, money supply grows by 20trn, if at #2500, it grows by 50trn,

So while we may expend $1bn on interests and capital gains to FPIs, we're saving 30trn in excess money that would have added huge inflationary pressures.

Also, with naira assets looking more attractive, there's a significant decrease in thirst for using USD as a store of values by resident Nigerians, this is driving down demand for USD, and perhaps increasing supply with some individuals now incentivised to sell off their USD positions and make better returns on naira assets.

On point 👍

ogawisdom:
Must they always involve BDC give directly to banks and let banks allow us access to at least 500 USD on our debit card for international transactions. Just like it has always been.

Let's kill the USD & crash it to below 800

By June.
Rate will be below 1000.

Hoarders hmm 🤔

Oshokhai69:
What has poverty got to do with person wey dey try correct you and make you a better person? Nigerians are indeed very hopeless people.

And you think you get sense?

VeeVeeMyLuv:
We all should expect another pump soon, may not be this year but it will surely come and we will eventually see the naira trading above 2000

Reason because the economy hasn't improved in any way, security situation is still a mess, people are still very unproductive....

Sit down there

bobbysaxy:
I have a 3month male slant back gsd like dis

Price?

micluvneyo@gmail.com

Send mail if you have.

Location. Ibadan

Location?

08058286101. Pls add me

Debbieeeeeee:
I meant there are several permanent residency pathways when I said several opportunities exist.

Truth...

Thanks for the clarification 🙂

Debbieeeeeee:
I don’t even preach to them anymore because I’m tired of discouraging people from seeking asylum when several opportunities exist.

Truth 💯

@bolded... several opportunities 😐🤐😏 where?

The only best route is EE and thats the only pathway I can advise people to explore

hasbunallah:
So what route is best now pls. For someone with vv . I heard study is hard too now and even expensive sef. What other way to stay in Canada.

Express entry route is the best way....

Any other? Na ON GOD!

Debbieeeeeee:
207,18,19 were the years asylum seeker chopped serious raffle draws after then they started recruiting more Nigerians into IRB and they do it for one reason so they have an idea how Nigerians reason, operate and if our claims are true and the moment they clocked most claims were false they started refusing people. I advise anyone I know please don’t seek asylum it’s a double edged sword that will most likely go the wrong way.

Will they listen?

Paraman:
I see it trading below 1200/$ by next week saturday

That's true

Currently at 1,240

dennis201:
Good morning, please vfsglobal issue evisa to a lady and she got to south Africa yesterday and was not allowed entry. Reason is that they can't find her visa online at the airport. If they input the visa number they only see the old previous evisa of last year.
Funny enough, the evisa was sent to her mail and is on vfsglobal evisa site too.
Please who has contact that can help out. The woman is at the deportation side in south Africa airport. She had missed her exam, at least they should allow her access to food and water.
This is not her own error, rather the issue of the visa error to update it online. The immigration officers saw everything and confirmed it's authentic and not fake but that it has to appear on their own portal too before they can allow her.
We are exhausted as all mail sent to vfsglobal evisa not replied yet.

South Africa Evisa system again😳

Imagine the trauma and stress the lady would have experienced

She even missed her purpose of the trip.

What is the situation with her over there?

I hope she's back to Nigeria as I'm sure she won't be grant entry.

People need to start looking elsewhere, what's it with south Africa sef I don't understand.

Paraman:
A Dollar will be sold for #3000 by the end of march in the mud

😁😁😂😂

Nakedman:
Take a look at NIgeria in a whole
economy, trade, exports, commerce, employment not forgetting Oil theft. Not until Nigeria makes a UTurn in the aforementioned, Naira will fall. When CBN is done selling all the dollars. We shall see. Keeps your Dollars.

Seems like you don't know that things are taking shape with our economy..

CBN is generating more USD with the recent policy and it's working.

@bolded 😂.... Keep what? So will you buy when it becomes worthless?

jinka:
Good day, I'm having issues with my car battery
I have used the battery for 3yrars without any problems, just last week I noticed that my battery usually run down anytime I park it for about 8hrs and above.
Now what I usually do is to remove the battery head when ever I park it, just recently I noticed it runs down too even after removing the battery head for long.

What could be the problem:
- not charging very well?
- something drains the battery in the car or ?
- the battery not good again?

Pls I need your reply, it has been frustrating me since last weak

Your battery is weak
Need replacement

Nakedman:
Let's wait and see. This is a long term game. Economics doesn't care about your feelings. As an investor, you have to learn the game.

Ok we are waiting....

Are you telling me 1,600 /USD is the true value of naira?

You guys will learn honestly.

Buying at even 1k /USD will still end in premium tears.