₦airaland Forum

chimex38:
Exactly..this is the reality.
This is the koko.
Compounding effect should be reported not the usual Y-o-y or monthly reduction as IMF and economics reports them.

Make I Expand the bracket

Month --> Month reports of 40%-->35%--35%-->35%->30%-->25%-->20%=
220% Compounded!!!!!❌
100%= doubled
200%= trippled!!
220%= price has more than trippled!
But on the surface, the rates of increase are reducing gradually from 40 to 35 to 30 to 25..
Who ee help? .
Doesn't benefit the masses with stagnant purchasing power.❌

Simply, Nigerians need average deflation rate reports..
rate(Deflation) of
-10%--> -15%--> -5%-->-12%..✅
=-32%
Price of commodities reduced by 32%.
This is what people will feel on the streets..
The Compounded reduced effects✅

awesomeJ:
I know that's where you would take it to 😁😁😁

Doesn't mean GTCO will reach your N18 though.

emmanuelewumi:
So sad, May God grant them eternal rest. Amen

lionshare:
With cumulative inflation from 1999 to 2024 exceeding 2,400%, does it make sense to adopt this as the current effective inflation rate?

Agbalowomeri:
Rate cuts means lower earnings for banks

awesomeJ:
It's same account I pay into, so you should be good, especially since all you were told to pay is just 5k

essentialone1:
Why is it mostly ladies that died? Were they too weak to escape? Or is it that the company employs mostly ladies? Those MDs always looking for easy targets that they can me-ntorrr.

RIP to them all.

ojesymsym:
But is this not like chicken and egg situation? Higher rates should theoretically result in lower volume thereby reducing the economic of scale whereas lower rates will result lower per income but higher volume?

Agbalowomeri:
In higher rate environment, the banks just pack money put inside treasury bill and siddon look. With rate cuts they will gradually need to hustle more to expand their loan book.

essentialone1:
Why is it mostly ladies that died? Were they too weak to escape? Or is it that the company employs mostly ladies? Those MDs always looking for easy targets that they can me-ntorrr.

RIP to them all.

Agbalowomeri:
But I am only stating empirical fact

Cheersman:
Please where's the registration Link for this your recommended webinar Sir?

Agbalowomeri:
In higher rate environment, the banks just pack money put inside treasury bill and siddon look. With rate cuts they will gradually need to hustle more to expand their loan book.

Fred2020:
What is the average transaction cost for taking up a public offer e.g in case of Sterling IPO.

Since the IPO and market price are similar, I guess the sweetner could only be the difference in the transaction charge?

mikeapollo:
Does it mean the tall building does not have external stairs for emergency exits like in this situation, or they could not find ways to open the exit doors?

awesomeJ:
But Emefiele's LDR policy hasn't been squashed now has it?

650 bps cut with CRR at 35% helps both the economy and the banks.

PuristForest:
Usually the maths for ro's adds up to better profits in the mid to long term, but they have not helped to make it attractive pricing the rights issue very close to market price...considering the asset will be locked for about 5- 8 weeks...

emmanuelewumi:
I guess the only guy among them probably died while trying to rescue the ladies

GeneralDae:
I think what CBN is also considering is FAAC. This FAAC has always been an issue to the CBN even from the time of Soludo but they tame it via money instruments.

We are now sharing FAAC of over 2 trillion naira every month and a lot of these settle in banks because lots of state Governors use private banks unlike the FG who uses CBN.

The 50% CRR is to absorb this monthly until our growth rate becomes good enough to absorb the flow and inflation gets below 10%. We are coming from an era where we printed 23 trillion naira and now we have increased naira FAAC almost fourfold.

The CBN needs to keep removing as much naira from the system and destroying them (ie not redeploying them to the system by giving them to FG to spend again).

Taiwo Oyedele has advised we share FAAC daily to solve this problem because it’s always been an headache to CBN but even more with increased FAAC.

I believe the 50% would be reduced to 25% soon but I get your point that if we are applying 50% CRR then we don’t need necessarily high interest rates to control money supply and inflation.

emmanuelewumi:
I guess the only guy among them probably died while trying to rescue the ladies

Locotrader:
Royalex plc update

Nexamont might take the leadership of Royalex by acquiring more shares from the secondary market.This will be interesting and a challenge for spennymoor who is currently in control of the company.

The current shareholding structure shows the majority shareholders are in control of 6,402,319,438 out of 8.27B shares outstanding.

Left as free floats for retail investors is 1,867,680,562 units.

Royalex Q3 will be out next month and set to break a new record.Everything about the company is bullish.

Watch out for a steady share price rise to 500% before capitalization deadline.

GeneralDae:
I think what CBN is also considering is FAAC. This FAAC has always been an issue to the CBN even from the time of Soludo but they tame it via money instruments.

We are now sharing FAAC of over 2 trillion naira every month and a lot of these settle in banks because lots of state Governors use private banks unlike the FG who uses CBN.

The 50% CRR is to absorb this monthly until our growth rate becomes good enough to absorb the flow and inflation gets below 10%. We are coming from an era where we printed 23 trillion naira and now we have increased naira FAAC almost fourfold.

The CBN needs to keep removing as much naira from the system and destroying them (ie not redeploying them to the system by giving them to FG to spend again).

Taiwo Oyedele has advised we share FAAC daily to solve this problem because it’s always been an headache to CBN but even more with increased FAAC.

I believe the 50% would be reduced to 25% soon but I get your point that if we are applying 50% CRR then we don’t need necessarily high interest rates to control money supply and inflation.

Retnaija:
Locotrader good morning...been following you since last year. A silent observer on this group. Thanks for all you do in terms of stocks picks. My portfolio has been green all year based on your calls. I'll be back by December to give my testimony. You, Megawealth, Aj8 commonsense target and purist forest have all made me money this year. I appreciate you all.