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CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts - Politics (3) - Nairaland

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Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by AdeYORUFAFO: 8:10pm On Feb 28, 2025
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Putindbutt(m): 8:20pm On Feb 28, 2025
Mariangeles:
I say shut up, you hand/voice of the enemy!

No weapon that is formed against me shall prosper; and every tongue/hand that shall rise against me in judgment, I condemn.



You are already judged according to your words.
You already judged and condemned yourself that you won't see a greater Nigeria, Marian, you said it , not me. Likewise, anything you decreed on earth, shall be decreed in heaven. Gbam!
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Snowx: 8:21pm On Feb 28, 2025
Lol..una no dey tire for propaganda
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Angelfrost(m): 8:33pm On Feb 28, 2025
Putindbutt:
You will never witness a greater Nigeria. Only those who believe will witness it. IJN
Nah... If Nigeria is or becomes great, everyone will witness it!

America, UK, Canada, Russia, etc, are not successful because of the beliefs and prayers of some citizens.

You can't replace poor and corrupt leadership at all levels with prayer and faith...!

If believing worked for national growth, Nigeria would be a world power by now.

Nobody prays and believes in their country like most Nigerians do.
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer:
Fair enough and a reasonable post. However, a few pointers below

1. Improvement in the Production of crude to 1.5m Barrels PD.: Production is currently at 1.479M/PD compared to 1.53M/PD same period in 2024 and the average of 1.96M/PD in 2022. Even the average for 2024 was 1.61M/PD. Surely, doing 1.5M/PD can not be
classified as improvement going by the precedents.

2. Food inflation on staples reducing with about 20- 40.%: Please don't bring this up in any analysis. That's is a paper reduction. Even the statistician general(Adeniran) in his press conference made it clear that the reduction is not reflective of the true and current state of inflation in Nigeria, they just needed to update their data. I read a Reuters report on the rebasing of Nigeria's inflation rate and they referred to its as "paper reduction"

3. Improved foreign portfolio investor confidence on the stability of a badly devalued naira.: I am not clear about what you meant here, perhaps a more expansive analysis would help. Regardless, the more s acceptable measure of foreign investor's confidence in an economy is the FDI and not Portfolio investments. Portfolio investments are considered "Pirate investments". They are like venture capitalists that thrive on arbitrage in an economy without any meaningful development. They go about seeking where the rates/returns are highest for short term gains, put the money there, earn the profits and get out with both initial investment and profits. They usually include stringent conditions when exporting capital to enable them get out when all seems unfavourable within a short period. Unlike FDIs that invest genuinely by gaining control of establishments for growth, suatainability, development and profits. As it stands, the FDIs to Nigeria has been declining at an alarming rate. According to UNCTAD report in January 2025, Nigeria's FDI diminished by 79% between 2021 to 2024. Again, the World Bank website shows that Nigeria FDI dropped from $3.5bn/annum in 2022 to $1.56bn/annum in 2024. That exactly, is a sign of investors loss of confidence in your economy/policies/reforms. I am glad you used the term "badly devalued naira" though.

My brother, everything is propaganda. The biggest revelation of Tinubu's presidency is that the aura and bubble of "intellectual genius" that was put around him by his followers and worshippers have been busted, though at a very great cost to the Nigeria. if not, we would still have been hearing the noise about a "brilliant accountant", " master strategist", "great thinker", etc...... he has been found out to be empty. The technocrats he promised are no more than the same confused and clueless ones managing the economy so terribly now. No bagger will mention Tinubu and brilliance or "builder of Lagos" in the same sentence again, ever.



Lanruze:
There are significant signals that the economy is on the Northern trajectory

1, Improvement in the Production of crude to 1.5m Barrels PD.

2, Food inflation on staples reducing with about 20- 40.%

3, Improved foriegn portfolio investor confidence on the stability of a badly devalued naira.

However, this article looks too optimistic, can the author clearly state the total foreign direct investments with it's data that has come in since PBAT Admin took off.

All the new investments listed above are Government bonds sold and Hot Foriegn Portfolio Investor funds with huge interest payable in dollars.

The total GDP alone in 2024 compared to 2023 showed a negative of over $(100)B. and you want to continue playing propaganda.

The manufacturing sector should be focused on better.


If CBN with it's reserves want the Naira to drop to N500-$1 they will do it in one week.

Let's be real abeg.
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer: 8:38pm On Feb 28, 2025
I have not finished engaging the intelligent ones(read my response to Lanruze), when I am done, I shall have time to waste on a Jabroni like you. You hear? grin


Putindbutt:
My customer, point out what was poorly written in the article, simple question. You don't start again to dey do like snake. Illiterate.
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by NewHe: 8:39pm On Feb 28, 2025
lexy2014:
can you pls name these foreign investors?
Start the search from your state, even if i mentioned them you go doubt am!
Here's a hint:just yesterday, AIRTEL President Worldwide visited The Nigerian president at AsoRock, please find out the outcome!
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by McKayConcept(m): 8:45pm On Feb 28, 2025
Contact us

08074393773

Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer:
lol...illiterate. President of Airtel visiting Nigeria translates for FDI in your cockroach brain?

Even when the World Bank(the only global financial institution still supporting Nigeria) reported on their website that Nigeria's FDI reduced from $3.5bn/annum in 2022 to $1.56bn/annum in 2024(almost 100% drop), you are still here writing like a zofo. How else do you measure investors confidence or lack of in your economic policies?

If the Investors were trooping in like the propagandists claim, Nigeria will not be funding its 2025 budget by begging for loans.


NewHe:
Start the search from your state, even if i mentioned them you go doubt am!
Here's a hint:just yesterday, AIRTEL President Worldwide visited The Nigerian president at AsoRock, please find out the outcome!
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Putindbutt(m): 8:50pm On Feb 28, 2025
Blazetrailer:
I have not finished engaging the intelligent ones(read my response to Lanruze), when I am done, I shall have time to waste on a Jabroni like you. You hear? grin
Illiterate, you dey rate yourself 🤣🤣😂 God I beg 😂
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer: 8:54pm On Feb 28, 2025
lol.... did you read what you posted before you clicked the "submit" button?


This is what we are saying. These guys are barely educated. Not sure this one understands the gibberish he has posted below. Arbitrage? Devaluation?? Kini n so?



HydraFeeds:
The most important reforms are the unification of the rate and floating of the currency .

Investors now know that the dollars they invested will compete in the market and will not be affected by abrupt devaluation that's caused by arbitraging .
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer: 9:07pm On Feb 28, 2025
Jabroni..... grin grin... if you want to learn and you need me to tutor you, you could easily PM me instead of going about it like this. I would gladly waste some few free hours in a month to teach you on 2 conditions:

1. Your brain is completely neutered first and cleaned up of all the stupidity stuffed in there
2. You will need to do an IQ test(I will be magnanimous enough to accept teaching you if you can meet up 75/130)

You hear....? grin

Putindbutt:
My customer, point out what was poorly written in the article, simple question. You don't start again to dey do like snake. Illiterate.
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Risingblue008(m): 9:09pm On Feb 28, 2025
Putindbutt:
Are you living under a rock?
Sorry for being a dund*
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Risingblue008(m): 9:10pm On Feb 28, 2025
Putindbutt:
Because you're shortsighted. If it were a negative news, you'd start masturbating.


Point out to what was poorly written in the article. I can point out at least three poorly written sentences and five poorly spelt words from your comment above.
You know what, God will continue to punish you bitter losers. Your wailing continues till 2031 and beyond.
Stop being ignorant as if u don't know it all lies
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by jaxxy(m): 9:11pm On Feb 28, 2025
zero8zero:
Cardoso, man of the year.
Foreign investors come for majorly to reason to partner with u or to take advantage of ur stupidity and self sabotage.
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by NewHe: 9:13pm On Feb 28, 2025
Blazetrailer:
lol...illiterate. President of Airtel visiting Nigeria translates for FDI in your cockroach brain?

Even when the World Bank(the only global financial institution still supporting Nigeria) reported on their website that Nigeria's FDI reduced from $3.5bn/annum in 2022 to $1.56bn/annum in 2024(almost 100% drop), you are still here writing like a zofo. How else do you measure investors confidence or lack of in your economic policies?

If the Investors were trooping in like the propagandists claims, Nigeria will not be funding its 2025 budget by begging for loans.
Go back and verify your facts, then come back to argue your case.
The government said, they've trooping, of course they must come to arrange and check things, the report didn't mentioned investors had invested so so amount Hatred had made some of you to be blinded!
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by HydraFeeds(m): 9:31pm On Feb 28, 2025
Blazetrailer:
lol.... did you read what you posted before you clicked the "submit" button?


This is what we are saying. These guys are barely educated. Not sure this one understands the gibberish he has posted below. Arbitrage? Devaluation?? Kini n so?



[/b]
Progressing themselves to be wise they become fools .

Too much pressure on naira makes it to fall and two of the most things that pressurise naira was arbitrage and price speculation .

These two put more pressure than any form of tangible imported services or products.

Now get lost .
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by lexy2014: 9:51pm On Feb 28, 2025
NewHe:
Start the search from your state, even if i mentioned them you go doubt am!
Here's a hint:just yesterday, AIRTEL President Worldwide visited The Nigerian president at AsoRock, please find out the outcome!
can you pls name these foreign investors?
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Mariangeles(f): 9:51pm On Feb 28, 2025
Shut up! You manipulative, twisted serpent!

Putindbutt:
You already judged and condemned yourself that you won't see a greater Nigeria, Marian, you said it , not me. Likewise, anything you decreed on earth, shall be decreed in heaven. Gbam!
Those are your words, not mine, and you are already being judged by your words.
Whatsoever you have sown, you will reap.
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Putindbutt(m):
Mariangeles:
Shut up! You manipulative, twisted serpent!



Those are your words, not mine, and you are already being judged by your words.
Whatsoever you have sown, you will reap.
Marian, You have sown negativity, you shall reap negativity. For anyone that speak ill of Nigeria and anyone that speak good of it , shall reap thereof.
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Mariangeles(f): 10:09pm On Feb 28, 2025
Shut up, you serpent!

Putindbutt:
Marian, You have shown negativity, you shall reap negativity. For anyone that speak ill of Nigeria and anyone that speak good of it , shall reap thereof.
Let it be unto you according to your words.
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer:
Lol....he doesnt even have facts....just mere conjectures and speculations.

Person wey no sabi wetin him dey write dey tell me to go check my facts again...even after i quoted credible references as my sources...mugu

There can be 1000 visits and 10,000 coming to arrange or 50,000 coming to check things, if your FDI is dropping by almost 100% in 2 years it means people are running away and your economic policies are not working...no other ways to spin it


NewHe:
Go back and verify your facts, then come back to argue your case.
The government said, they've trooping, of course they must come to arrange and check things, the report didn't mentioned investors had invested so so amount Hatred had made some of you to be blinded!
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer: 10:23pm On Feb 28, 2025
Lol....guy, you go school at all?

Even when the government sources claim Naira is undervalued at 1500 to 1USD and claim it is a willing buyer and willing seller market, you are still bringing in arbitrage angle as the reason for the exchange rate.
This is after the Central Bank itself creates a sell rate lower than the market by selling to BDCs at a lower than market rate. Shouldn't the pressure on Naira make it overvalued?

If I may ask, what exactly is the pressure on Naira??

Naaahh!!! Dont bother.....I have read enough to know you don't have the fundamentals....there is no point engaging you further....honestly


HydraFeeds:
Progressing themselves to be wise they become fools .

Too much pressure on naira makes it to fall and two of the most things that pressurise naira was arbitrage and price speculation .

These two put more pressure than any form of tangible imported services or products.

Now get lost .
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by HydraFeeds(m): 10:43pm On Feb 28, 2025
Blazetrailer:
Lol....guy, you go school at all?

Even when the government sources claim Naira is undervalued at 1500 to 1USD and claim it is a willing buyer and willing seller market, you are still bringing in arbitrage angle as the reason for the exchange rate.
This is after the Central Bank itself creates a sell rate lower than the market by selling to BDCs at a lower than market rate. Shouldn't the pressure on Naira make it overvalued?

If I may ask, what exactly is the pressure on Naira??

Naaahh!!! Dont bother.....I have read enough to know you don't have the fundamentals....there is no point engaging you further....honestly
It's only a fool that reason the way you are reasoning because you're trying to say the same thing about floating of the currency.

Whatever price the naira is right now ,it will trade back to its deserved value instead of the government trying to force it to a particular value with borrowed funds .

Now let me educate your ignorant a s s .

Did you read the news about Emefiele estate that was seized in Abuja or you're living under a cave ? That estate is worth billions of naira ,did you see Wigwe private schools ? Those are just few seen tangible assets . Now there are several funds like that ,that arbitragers laundered out of the country ,the gap between official and black market rate then was almost 400 naira .....imagine the volume of such arbitrage trades in a single day and the amount of money that's embezzled via such trades .

Where do you think such money is coming from ? Or you think that 400 naira profit just come from the thin air ?

After the policy changes,there's an abrupt change in value to adjust with the current reality ,but if you monitor the market for several months now,you will see that the market is stable .
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by omojeesu(m): 10:48pm On Feb 28, 2025
More enslavement of the people!
More exploitation of our common wealth!
The one to blow the dirt out of the eyes has pepper in his mouth ...
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Apel147(m): 11:13pm On Feb 28, 2025
This is still pained obi is not president 😯


Thewrath:
While FG is eyeing 6 world bank loans!
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Tolu2024(m): 11:18pm On Feb 28, 2025
This fools think propaganda can change the economy
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer: 11:56pm On Feb 28, 2025
Lol... grin grin....complete hogwash. Juxtaposing and arrant redaction of a simpleton. I initially had doubts about your level of education but I am now so convinced you are a stark dumbo.

All you have written below is not beyond the kevel of what jobless busybodies plap about in those local bars ans palm wine joints.

I am not going to bother brain picking the numerous absurdity in your disarrayed awareness or disastrous understanding of basic economics but to state that the seized Emefiele's assets and Herbert Wigwe"s university are examples of arbitrage yiubwere talking about stands as one of the dumbest thing I have ever read in my entire time on Nairaland. There is a clear difference as day and night between arbitrage and crime on the case of Emefiele. Besides in what way is Wigwe's university even close to abritraging?? Lord have mercy!!!

If you dont have an idea, millions of USD leave Nigeria on a monthly basis, rates irrespective. Naira is proven to ne a poor store of value so Nigerians, especially givernment officials ans politicians move mollions out monthly for safekeep. So, the source of arbitraging still continues despite the poorly advised devaluation. If you doubt it, check hiw much funds tbe fintech companies move out of Nigeria on a monthly basis or how much the BDCs sell on a monthly basis.

Like I started with, you dont have an idea of what you are writing. Mr engaging you is even a favour yiu shoukd ho to your church or mosque ti give do a thanksgiving fir




HydraFeeds:
It's only a fool that reason the way you are reasoning because you're trying to say the same thing about floating of the currency.

Whatever price the naira is right now ,it will trade back to its deserved value instead of the government trying to force it to a particular value with borrowed funds .

Now let me educate your ignorant a s s .

Did you read the news about Emefiele estate that was seized in Abuja or you're living under a cave ? That estate is worth billions of naira ,did you see Wigwe private schools ? Those are just few seen tangible assets . Now there are several funds like that ,that arbitragers laundered out of the country ,the gap between official and black market rate then was almost 400 naira .....imagine the volume of such arbitrage trades in a single day and the amount of money that's embezzled via such trades .

Where do you think such money is coming from ? Or you think that 400 naira profit just come from the thin air ?

After the policy changes,there's an abrupt change in value to adjust with the current reality ,but if you monitor the market for several months now,you will see that the market is stable .
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by HydraFeeds(m):
Blazetrailer:
Lol... grin grin....complete hogwash. Juxtaposing and arrant redaction of a simpleton. I initially had doubts about your level of education but I am now so convinced you are a stark dumbo.

All you have written below is not beyond the kevel of what jobless busybodies plap about in those local bars ans palm wine joints.

I am not going to bother brain picking the numerous absurdity in your disarrayed awareness or disastrous understanding of basic economics but to state that the seized Emefiele's assets and Herbert Wigwe"s university are examples of arbitrage yiubwere talking about stands as one of the dumbest thing I have ever read in my entire time on Nairaland. There is a clear difference as day and night between arbitrage and crime on the case of Emefiele. Besides in what way is Wigwe's university even close to abritraging?? Lord have mercy!!!

If you dont have an idea, millions of USD leave Nigeria on a monthly basis, rates irrespective. Naira is proven to ne a poor store of value so Nigerians, especially givernment officials ans politicians move mollions out monthly for safekeep. So, the source of arbitraging still continues despite the poorly advised devaluation. If you doubt it, check hiw much funds tbe fintech companies move out of Nigeria on a monthly basis or how much the BDCs sell on a monthly basis.

Like I started with, you dont have an idea of what you are writing. Mr engaging you is even a favour yiu shoukd ho to your church or mosque ti give do a thanksgiving fir
You're bored and looking for the easiest way out of naira land because you can't cope with the heat but you're stuck .

A person that can read but didn't read and a person that cannot read are not different from each other . This simply means that a self acclaimed literate person like you that refused to learn is not different from an illiterate person . If we check your qualifications now ,it might just be pass or 2 2 in one useless course in one useless village .

You spoke about corruption as if you have the littlest grasp of its scope and you're still grandstanding in your ignorance.

Emefiele was able to embezzle a lot of money by moving the money to overseas at CBN rates then bring them back to Nigeria at black market rate ,the same thing people like bode George accused Wigwe of . Also ,most billionaires like Dangote and BDCs are also in this business ,not to even mention politicians.

In your little mind ,tell me all the profit they're making ,where are they coming from ? Are they coming from your empty skull ?

The fintech you're talking about also engage in arbitrage and they're still doing it till today but the gap is minimal and the volumes are limited because some international organisations even charge local debit cards in naira now .

I guess you should continue to look for a way to run away from naira land so that your frustrations will not lead to something else .

Before you start biting trees ,know that I don't care about your insignificant existence,you're the one that responded to my comment.
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer:
Lol...Hydra stupidity. This is what happens when you are a numty dumpty in real life but somehow got barely fortunate to have a phone and access to data and then assume all of a sudden that you have been weaned off your buffonery.

My question to you again is...do you read over what you post and then in your mind, they appear to have a semblance of anything reasonable in line with known economic and financial theories/models or you just conjure up some nonsense in your brain, fuelled up by the propaganda of the current government and you just click on the submit button?

I take it that you are high on some cheap local gin. When you get sober, take time to read your rubbish again, I am sure you will be ashamed of yourself.

If what you moronically tried to explain below is what you have been trying to call arbitrage all along, then I underestimated your buffonery. Sorry, you are compeletely retarded. Roundtripping is nothing new, they have been doing this since the days of Shehu Shagari. What is currently happening is even worse,it is capital flight. There is a reason the exchange rate is still high despite government's noise about Naira being undervalued or manipulations by some unseen enemies of Nigeria

Billions of Naira get moved out on a montly basis for investments and safekeeping abroad because Naira is beingbseen everyday as apoor store of value. It is not like the devalution has suddenly made USD available in Nigeria. The government is trying to pop up the naira on a daily basis for same reason Buhari anf co were doing it, there is still a thriving black market and businesses still fo not have access to the USD hence the rate exorbitant rate. Claiming that these were caused by arbitrage ranks as the dumbest I have read in many years. I dont expect you to undertand the connections anyway, so little surpise here.

By the way,leave the level of education I have or the grade I have aside, lets keep it to what we have on Nairaland here, that should be adequate to judge the level of education for both of us......but if you care to know, I have those qualifications that Tinubu wish he had and he lied about when he was completing his INEC forms while contesting for Lagos State Governor in 1999. That and more, my friend. What your President wished he had......I can boldly put my name out and proudly attach all my globally reputed credentials without anyone in the world saying pim...your President can not dare.


HydraFeeds:
You're bored and looking for the easiest way out of naira land because you can't cope with the heat but you're stuck .

A person that can read but didn't read and a person that cannot read are not different from each other . This simply means that a self acclaimed literate person like you that refused to learn is not different from an illiterate person . If we check your qualifications now ,it might just be pass or 2 2 in one useless course in one useless village .

You spoke about corruption as if you have the littlest grasp of its scope and you're still grandstanding in your ignorance.

Emefiele was able to embezzle a lot of money by moving the money to overseas at CBN rates then bring them back to Nigeria at black market rate ,the same thing people like bode George accused Wigwe of . Also ,most billionaires like Dangote and BDCs are also in this business ,not to even mention politicians.

In your little mind ,tell me all the profit they're making ,where are they coming from ? Are they coming from your empty skull ?

The fintech you're talking about also engage in arbitrage and they're still doing it till today but the gap is minimal and the volumes are limited because some international organisations even charge local debit cards in naira now .

I guess you should continue to look for a way to run away from naira land so that your frustrations will not lead to something else .
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by HydraFeeds(m): 2:03am On Mar 01, 2025
Blazetrailer:
Lol...Hydra stupidity. This is what happens when you are a numty dumpty in real life but somehow got barely fortunate to have a phone and access to data and then assume all of a sudden that you have been weaned off your buffonery.

My question to you again is...do you read over what you post and then in your mind, they appear to have a semblance of anything reasonable in line with known economic and financial theories/models or you just conjure up some nonsense in your brain, fuelled up by the propaganda of the current government and you just click on the submit button?

I take it that you are high on some cheap local gin. When you get sober, take time to read your rubbish again, I am sure you will be ashamed of yourself.

If what you moronically tried to explain below is what you have been trying to call arbitrage all along, then I underestimated your buffonery. Sorry, you are compeletely retarded. Roundtripping is nothing new, they have been doi g this since the days of Shehu Shagari. What is currently happening is even worse,it is capital flight. There is a reason the exchange rate is still despite government's noise about Naira being undervalued. Billions of Naira get moved out on a montly basis for investments and safekeeping abroad because Naira is beingbseen everyday as apoor store of value. It is not like the devalution has suddenly made USD available in Nigeria. The government is trying to pop up the naira on a daily basis for same reason Buhari anf co were doing it, there is still a thriving black market and businesses still fo not have access to the USD hence the rate exorbitant rate. Claiming that these were caused by arbitrage ranks as the dumbest I have read in many years. I dint exoect you to undertand the xonnections anyway, so little suroise here.

By the way,leave the level of education I have or the grade I have aside, lets keep it to what we have on Nairaland here, that should be adequate to judge our level of education....but if you care to know, I have those qualifications that Tinubu wish he had and he lied about when he was completing his INEC forms while contesting for Lagos State Governor in 1999. That and more, my friend. What your President wished he had......I can boldly put my name out ans attach all my credentials without anyone globally saying pim...your President can not dare.
You need to have your brain check before you comment ,because there's difference between arbitrage and round tripping .

Capital flight is one of the reasons naira loses value but arbitrage used to pose greater risk because the corrupt people have access to cbn rate funds and take it back in black market rate which pressurise the naira while the masses buy black market rate to pay for foreign goods and services which wil leads to price speculation because those that buy at black market rate will want to make profit as well .

The current gap between CBN and black market is now neglible unlike before that used the be between 250 and 400 naira .

We've been complaining of bad governments since but now we have someone bold enough to make an ingenious change but blind or short sighted armchair naira land analyst like you that never handle anything tangible beyond 2by2 shop is trying to feel important.

I'm into a lot of things and trading is one of them so I know what I'm talking about .

No matter how I try to open your head ,I guess it's too thick and it's like trust wallet logo .

You're irredeemable. Blaze trailer my foot 🦶. King of the thirds !
Re: CBN’s Reforms Are Attracting More Foreign Investors– Global, Nigerian Analysts by Blazetrailer: 2:39am On Mar 01, 2025
grin grin ....lol...lord have mercy...what else will I not see on Nairaland? Seun Osewa, you have a case to answer o...this your Nairalad is turning to something else with the type of people it attracts...... grin

So when you buy forex at lower rates with fake documents, obtain the forex, take it out, return to sell sell it at higher rate(exact description of what you said Emefiele was doing), what is that called ?? Check the meaning of round tripping and the meaning of arbitrage in financial msrket while at it, then come back and thank me....lol...olodo!!

Trading in forex or whatever those jobless online people hawk about in Lagos does not equate to to knowlwdged....ot is called huzzle.....lol

Sorry bro, are you dyslexic? If you are, my sincere apologies. It is not my character to mock mentally disabled people. If you are, I take what I have written preciously back because I now understand that it
a natural bestowment for you to be this dense, not what you would have like to be. Pele, sorry

...oya, run along now bro and go and play with your fellows , i understand better now.


HydraFeeds:
You need to have your brain check before you comment ,because there's difference between arbitrage and round tripping .

Capital flight is one of the reasons naira loses value but arbitrage used to pose greater risk because the corrupt people have access to cbn rate funds and take it back in black market rate which pressurise the naira while the masses buy black market rate to pay for foreign goods and services which wil leads to price speculation because those that buy at black market rate will want to make profit as well .

The current gap between CBN and black market is now neglible unlike before that used the be between 250 and 400 naira .

We've been complaining of bad governments since but now we have someone bold enough to make an ingenious change but blind or short sighted armchair naira land analyst like you that never handle anything tangible beyond 2by2 shop is trying to feel important.

I'm into a lot of things and trading is one of them so I know what I'm talking about .

No matter how I try to open your head ,I guess it's too thick and it's like trust wallet logo .

You're irredeemable. Blaze trailer my foot 🦶. King of the thirds !
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