₦airaland Forum

yMcy56:
2.5M, if it's Naira, should be used to pick only 1 stock......Max 2, depending on the type of stock to pick.

BabsO2:
You mean it was as cheap as N500 in 2012-13. Some will really be very very rich in it by now

ositadima1:
But 0.0001 BTC is also aloud.

BabsO2:
You mean it was as cheap as N500 in 2012-13. Some will really be very very rich in it by now

BabsO2:
You mean it was as cheap as N500 in 2012-13. Some will really be very very rich in it by now

BabsO2:
Who is and why the dumping?
At this rate taking up the rights is unattractive.

pluto09:
We make very little compare to our expenses.
Most of the times,we borrow more to service existing loans.

chimex38:
sorry i mean less than $500 Not naira₦

BabsO2:
Excessive interest rate is simply a ponzi that helps no government / economy.

I think in economics there needs to be a cap on interest rate beyond which it self destructs the economy. I think anything above 20% is in the destructive range for monetary policy . Ideally it shouldn’t exceed single digit. Once 9% is reached other restrictive policies are needed. But current CBN governor calls that unorthodox polices

BabsO2:
N5 billion already changed hands today and the price has been dragged down to N25. Making taking the rights no more attractive / possible for sell to take.

The offer on the floor is also so large despite the high volume already traded. What’s happening

bastardson:
Thanks a lot .. Is Dangote still a good buy, looks stagnant for a while.

If you are to distribute 2.5m amongst them.. What would you suggest. I am sorry for my plenty questions

chimex38:
sorry i mean less than $500 Not naira₦

GeeKudi:
It appears Livestock is going to print money in the coming days and weeks.

Sunrisepebble:
Average exchange rate of 160= N80,000. WoW. Honestly the future belongs to the risk takers. There is a post I ran across on twitter over the weekend, it was an individual who bought $30 worth of bitcoin every single day for the last 7-8 years. It came at a cost of $80k dollars but his portfolio is now worth $1m+

megawealth01:
It's probably game

BabsO2:
Trading, sell to take has been nipped for now. Let’s see if the price will fall below N25

mikeapollo:
The inflation rate is a key factor that affects interest rate.
Currently, I think inflation rate is higher than interest rate, so the citizens are still ''subsidizing'' the govt. so to speak.
Interest rate will continue to rise for as long as the rate of inflation is still higher.

BabsO2:
I read an article that concludes excessive interest rate in two digits is a scam. And I agree with the thinking. Perhaps soon a bold economist will postulate the max range for effective monetary policy rate. Beyond which other controls will be needed. Excessive inflation is often associated with excessive government creation of money from thin air for government to spend instead of cutting expenses to income. Thereby robbing those that have saved money in that currency.

megawealth01:
Help with the link. I'm interested in the news

Toluway:
Newbie ?
Try to learn more from you please.

Zagee:
Take high risk with 25%
Sure up low risk with 50%
Try moderate risk 25%

Come back and rebalance portfolio after 1 year or 6months

megawealth01:
What's your reason?

GeeKudi:
As at the time I sent that post, volume was already close to 3x the daily average. Also, a lot of government activities to encourage players in that sector in recent weeks.

Zagee:
The funny thing is I was first introduced to it back in 2014. I had scholarship money then and I just imagined what would have been if I plugged 70% of my total scholarship inflow into that programme.😂😂
Innocent me.

BabsO2:
Excessive interest rate is simply a ponzi that helps no government / economy.

I think in economics there needs to be a cap on interest rate beyond which it self destructs the economy. I think anything above 20% is in the destructive range for monetary policy . Ideally it shouldn’t exceed single digit. Once 9% is reached other restrictive policies are needed. But current CBN governor calls that unorthodox polices

DeRuggedProf:
Curing illiquidity in Glass Bottles is a Better bonus.
Championing issues at 7 O'clock is not too early.
Living on stockfish is life stuck.
Leasing is no longer a choice, Nigeria is happening even to MTN...

Sunrisepebble:
Average exchange rate of 160= N80,000. WoW. Honestly the future belongs to the risk takers. There is a post I ran across on twitter over the weekend, it was an individual who bought $30 worth of bitcoin every single day for the last 7-8 years. It came at a cost of $80k dollars but his portfolio is now worth $1m+

Sunrisepebble:
Average exchange rate of 160= N80,000. WoW. Honestly the future belongs to the risk takers. There is a post I ran across on twitter over the weekend, it was an individual who bought $30 worth of bitcoin every single day for the last 7-8 years. It came at a cost of $80k dollars but his portfolio is now worth $1m+

Raider76:
N6b changed hands on so far on FBNH today.

Raider76:
N6b changed hands on so far on FBNH today.