₦airaland Forum

Mcy56:
In the box where you have "All Board" and used to select "Equity" click on it and select "Premium" , you will see Zenith and few others there.

Confirm if you get it so we can know whether you even know how to get to the live trade itself.

ok, thanks. I was able to buy, well I assume I did. What is the meaning of limit, I left it at 11.70 even though on the market trades i see 11.65.

Another thing, I went to market trades section looking for my trade and couldn't see any matching trade(38k units). Anyway, on the order - Buy section my buy detail is highlighted in green.

I was trying to buy zenith stocks on itrade, but I cant find the symbol, is this normal? I am newbie by the way.


Madam Mcy56, I sighted your moniker, please help.

Are we going to survive this economic downtime? Yes nah!

My problem with Nigeria is that we don't learn from the past, don't preempt possible scenarios either. You will see, when this period is over everything will go back to normal like nothing ever happened.

Until the day we will experience a complete and irreversible system failure.

gabicon:
They are not saying anything we didn't already know, if the crude oil market sneezes Nigeria catches cold. All governments from 1999 have been paying lips service to diversification of our economy. I see no reason why Nigeria can't be the major exporter of beans, groundnut, cocoa, palm oil, and cassava to the world, an investment of $2 billion in mechanisation, $1 billion in irrigation and drip tech, and $2 billion in crop modification and fertilizer. After an initial $5 billion investment the private sector investment will cause a multiplier effect. Forex will just be coming on a persecond billing.

You made good points bro, but steady, cheap electricity and security would create a bigger impact.

Nigeria already has a huge and cheap human capital, people want to work. If we had steady and cheap electricity many investors will build their processing plants in Nigeria. We already have cheap labour.

Anneka101:
Thank you so much, you made some point up there and I'm really impressed.

The nigerian govt closed border yday. Announced same day they are devaluing the naira. 30 days ago, there was exchange of dollar at a reduced exchange rate.
Now with the devaluation, they will make twice the amount.
That’s round tripping.

I don't understand what you mean by round tripping in this case. There was round tripping, when the central bank was maintaining two exchange rates.

The lower rate was meant for some selected sectors that imported essential commodities. Some dubious people were abusing it by buying at the lower rate of #306 and selling at the higher rate #365.

In my opinion the government is not making twice, but they are effectively paying less salary to their workers since Nairas value has reduced with respect to dollars.

Anneka101:
Please economist should step in ooo



Modified: Since we are an import country and not manufacturing, please how will the devaluation of the naira help balance the Nigerian economy. Now we spend more to get the same value?

I am not an economist but I would like to give a simplified explanation, as I understand it.

▪︎ Most of the world accept dollars as a means of payment for goods and services.

▪︎ Naira is only used within Nigeria by Nigerians

▪︎ Everytime Nigerians buy a service or product from outside the country they pay in dollars, meaning that they have to exchange their Naira for Dollar within Nigeria.

▪︎ Now, central bank has a large deposit of dollar notes which they exchange with Nigerians that wish to transact with the outside world.

▪︎ The size of the Nigerian dollar deposit is very important because with it Nigerian goverment can get Foreign Loans, buy foreign goods and services on credit, as well as pay for services etc. It gives us confidence.

▪︎ This dollar deposit can grow larger if we sell enough goods and services to the world, or it can shrink if we buy more goods from the outside world.

▪︎ So, the Nigerian central bank tries to maintain a balance by either increasing or decreasing the exchange rate to keep our dollar deposit from shrinking toomuch.

▪︎ You see, it varies with demand and supply.

▪︎ To answer your question, we have to devalue Naira (increase the value of dollars) to drive down demand for dollars or Nigeria will risk having its dollar deposits shrink a lot which is bad.

▪︎ Nigeria is currently not earning enough dollars to balance its expenses.


I hope I made a little sence.

IamR:
Maybe this will help.

You are correct. But a 6% increase shouldn't wipe out 2 years profit.

IamR:
N380 and not N360

But it is #360 on CBN website, cbn.gov.ng. CBN sell it at #360 to BDCs, and BDCs add a few naira to sell to the public at around #365 just like before.

Are BDCs no longer regulated or am I missing something?

ahiboilandgas:
By default cbn has wipe the 2 year profit of tb

Why? CBN had two official prices for dollar exchange - #306 for for a few selected sectors and about #360 for the rest of us. Now, every one will be buying at about #360.

So, how is your 2 years profit wiped out? What changed for you and me or were you buying it at 306?

Actually it sort of makes sense, as roundtripping has been eliminated.

deepwater:
your point is .....?

Did you check her/he profile picture?

[.

Nonsense, how can you be sleeping on a bus, don't you know Nigeria is a jungle?

Eat or be eaten, you where lucky they didn't move your belongings, or even move you join sef.

yMcy56:
It's going to be reduction in closing price of tomorrow not today.

Mcy56, has Zenith bank paid their dividends? Is it worth buying now? Thank u 4 ur insights.

Leezah:

Since you are asking this, that obviously means you are sick of masturbation and porn and feel guilt every time you finish yourself off. You can't just gather enough balls to end it. Right?

Here's what I suggest -
.

Day X: You are more productive now. You don't get tired. Your body is in balance now. You seem to be gaining muscle. Your schedule is occupied and you like it.

You live happily ever after.

Until you get yourself a girlfriend.

Cheers!

You have rashies on ur pussy.

Boring:
They should have just ended westworld in season 2 biko

I thought it ended when they crossed into that virtual world. Though, one of those AIs escaped the theme park, was it one or two, can't remember.

Hisduchess:
Spray it on yourself.thank you

But, this stuff I am talking about is premium, you don't even know what it is.

Because it is very scarse, It can only be given to someone who's beautiful and voluptuous just like you are.

pocohantas:
If most of them are gold as they claim to be. How come women need to wait years to meet them?

That would be like an eskimo searching for ice hah? Common sense is indeed not common.

Can I be your superhero, superhero.

Like you be strong, to hold the power of the sun, to dream, believe in strength I am the only one, only one.

I was an ordinary boy, until I broke the rules my life destroyed, can I take.

To dream, to believe you are the strength I need, you are all I need.

Can I be your superhero?

When a man loves a woman, he can't keep his mind on nothing else. He trades the world for a good thing he found. He gives up all his comfort and sleep out in the rain if she says it is the way it ought to be.

I wanna love you and treat you right, I wanna luv you every day and every night, we will be together with a roof over head, we will share a shelter, we will share the same room, is this love is this love I am feeling, I wanna know I wanna know na, I got to know, I am willing and able so so I through my cards on the table.

If you like mini shows like I do you should look Amedee up, she awesome. She is bea.

sexylassie2:
the other time you wrote you graduated from CAleb University now it is gombe university

You forgot to place ur pic (fake is also allowed) on your dp, I need fap material for tonight.

Hisduchess:
.funny guy

I would like to spray my white stuff on your tekulu hair, are you game?

Shows are like drugs, once you live through the experience you move on for the next shut of high, it is all for the rush, dopamine.

I agree it is better than doing drugs. I find meaning in shows, I get to forget my sorrows, in the moment.

Life is shit.

zamirikpo:
Their is wahala for front ooh.

But I believe the naira can weather the storm this year, but next year , I doubt.

What is happening next year?

.

Drince:
Some people the moment they saw (Class teacher goes viral after caught sleeping with 10 year old student Video)

Not really, when there is an infinite supply on xvideos.

Mcy56:
Zenith: Able to defy sell pressure due to large offers.......again. Support still remains firm at 9.50.....lets see how the remaining days of the week will look like....
Fcmb: Support at 1.80. I've been queuing up below 1.80 for over one week but it refused to go down low, let's see how the whole scenario plays out.....
UBA: Strong support at 7.60...
Access: Support at 9.60/9.70......
Wapco: Strong support at 15......

Which one again self, lol ......

Madam, I dey follow you o for nyach , e dey be me like say you dey meet target well o, if you buy I buy from now on. Ok ok, so na FCMB dey on board now?

CEONAIJATUBE:
Class Teacher Goes Viral After Caught Sleeping With 10-Year-Old Student (Video)

Watch Video below:-
https://nasonaija.xyz/2020/02/19/teacher-sleeping-with-15yrs-student/


https://www.youtube.com/watch?v=v9wA9JTx1PY

The link say 15 years not that it makes it less criminal. Some of us lack will power sha, he was pressed and she was available. Too bad, the D doesn't discriminate.

SteveOfu:

Why the face?

SteveOfu:
Guys!!
You're not financially stable at all, and you gotta make a choice between a girl who cheats on you regularly but takes care of your needs and is doing her best to improve your financial status, and a girl who is broke and faithful to you but bringing nothing to table!! Who would you choose?!!

Your ass I very big, toomuch if you ask me.

Sholzbankz:
160

125

Minus the 250g card and games, just the hacked console and accessories. What type of exploit did you use?

I think i have had enough about anything vampire. To satisfy my vampire cravings I went back and watched the whole the Vampire diaries, the whole eight seasons.

After that, I started the Originals. I have 3 more episodes to wrap it up.

Over 260 episodes in 2 months, this shit is torture, I can't do it anymore, I can't, no more vampires, werewolves, witches, hibrids, tribrids please, please, no more.