Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,742 members, 7,824,141 topics. Date: Saturday, 11 May 2024 at 12:16 AM

Romklef's Posts

Nairaland Forum / Romklef's Profile / Romklef's Posts

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 12 pages)

Phones / Re: Remember These Nokia Phones? by romklef(m): 5:07pm On Jan 16
i'm still looking for asha... if anyone knows where i can get it
Business / Re: CBN Begins To Clear FOREX Backlog by romklef(m): 6:02pm On Nov 02, 2023
grin no loud am..
SocialJustice:
People who bought dollar above N1k to hoard are about to lose massively.

3 Likes

Programming / Re: For Tech Enthusiasts by romklef(m): 8:48pm On Oct 31, 2023
i just hope i'm not late
European Football (EPL, UEFA, La Liga) / Re: Arsenal Fans Thread: Finally Reborn! The Red & White Army: FA CUP Champions 2020 by romklef(m): 7:01pm On Aug 06, 2023
Thread topic should be updated ASAP.. cool

🔥 #COYG 💪💯

👑 champions ✌
Sports / Re: Photos From Nigeria’s U-20 Victory Over Argentina At The FIFA U-20 World Cup by romklef(m): 1:53pm On Jun 01, 2023
More wins guys ✌🇳🇬

5 Likes

European Football (EPL, UEFA, La Liga) / Re: Fulham Vs Arsenal (0 - 3) On 12th March 2023 by romklef(m): 3:29pm On Mar 12, 2023
They can only hate on arsenal buh they can't stop us 💪💯


#COYG

14 Likes 2 Shares

Business / Re: How To Be Rich Selling EXPIRED Domain Names With Proofs. by romklef(m): 3:50pm On Feb 11, 2023
What an amazing skill or should I say business 📊

Am so excited to come across this thread... @iykepromotions 🙌 thanks so much for exposing this.. When is your next mentorship session?
Business / Re: Aloy Chife Asks CBN To Abolish Official FOREX Market, Allow Naira Float by romklef(m): 6:10pm On Feb 07, 2023
Emeskhalifa:
THE CURRENCY SITUATION: A MUST READ

1). So many Nigerians have stacked Naira notes in their closets and are cut up with this policy of the CBN. There is a rush by ignorant Nigerians to convert their Naira to Dollars. Naira is at all time low against dollar and it's going to go even lower. For example a man converts #10m to 12,500 USD at the current exchange rate. It's easier to keep it with himself than to deposit in a Domiciliary account with a DMB because of the stringent policies around FX cash deposits. He hopes that by December when the new Nigeria is floated, he'd have his FX converted back to Naira from the Aboki guys he bought his USD from.

2)The Aboki man who sold FX to his customers at exorbitant rate excitedly goes to the DMB to deposit the millions of Naira he got the the FX swap he did. He knows he is getting richer in geometric proportion by this new policy by the CBN. He awaits the printing of the new Naira notes so as to reconvert the Naira he has in his account today USD and continue making more money.

3). All customers who deposited their Naira notes, those depositing and those who would be depositing are eagerly waiting for December 15. The DMBs are also waiting for the said date. Meanwhile there is a cashless policy waiting to hit all Nigerians by January 2023. On December 15th, customers would rush to the DMBs for new notes so as to withdraw as much as they can before January when the cashless policy would be effected 100%. The DMBS would rush to the central bank branches to withdraw new notes. The branches would go to the H/O for new notes. H/O would release just a little to branches based on cash management policies. CBN Branches would release in trinkets to DMB branches and tell them to go manage their customers. DMBs would revert back to their customers based on the low available new cash notes. There would be slight panicking as customers who deposited old naira notes cannot retrieve same notes from the DMBs anymore because of unavailability. Remember, digital money and paper money is still money and so customers would be advised to use electronic channels to make payments.

4) The Aboki guy who kept millions of Naira is also a victim of the shortage of new notes and so he cannot buy back FX from his customers who were hoping to return the ones the got earlier ones the new notes are in place. Aboki begins to panick as well. Those who have FX and need naira notes begin to sell their FX to people who have naira whether old or new just to cash in before January. In doing so, USD begins to crash as rapidly as it rose. Much of the FX becomes deposited in DMBs as carrying the raw cash isn't useful anymore. The CBN is happy because there is more FX in the banking system to give for Forms A, M and Q. Naira begins to gain rapidly against the dollar.

5). In January, cashless policy takes effect. So even if the CBN makes available more new notes to DMBs, customers cannot withdraw above the stipulated across-the-counter limit to avoid heavy charges. Customers are forced to use electronic payments, FX policy and transfer and withdrawal is so stiff that swapping FX and Naira is no more a gain. USD parallel and black market prices crash all the way down to CBN rate. Inflation based on importation of goods and services is checked as Naira becomes strong against dollar. People who have physical dollars would lose. There would be limited access to naira notes as electronic transfers become prevalent. Enaira purchases also become more as Nigerians look for most seamless methods to do payments. By June, whoever takes over power would have a soft landing as this policy by the CBN has controlled a whole lot of inflation, corruption and economic degradation.

6). If you have Naira notes stashed with you, return them back to the bank through your account. Don't try to play smart trying to beat the system, you may become the architect of your own loss. Your 12,500 USD may fall from #10,000,000 to #5,000,000 in June, 2023. Meanwhile if you put same #10,000,000 in Treasury Bills at the current 14.5%, you should be gaining about #725,000 at the same period.

Let's try and look at the bright side of things, Nigeria shall be great by God's grace.

RESPECT 🙌📝
Investment / Re: Crypto Currency Investors Thread by romklef(m): 8:21am On Feb 07, 2023
Robnectar:
I think a deep pullback is very likely this week undecided undecided


BTC might test 19k lipsrsealed
Just forcasting like others
DYOR 0o0

No cap 🚶

tA said so
Business / Re: Forex Trade Alerts: Season 23 by romklef(m): 12:29pm On Feb 05, 2023
Am so excited to learn another 1-4 lessons from our pro traders here..


Wish everyone a profitable week 📉 💃
Business / Re: Forex Trade Alerts: Season 23 by romklef(m): 12:24pm On Feb 05, 2023
konfusedgee:
Forex trading is easy, you click and you see money.....

Seeing the money everytime you click is where the nightmare begins....


This last line though 😂😂😂😫
Business / Re: Forex Trade Alerts: Season 23 by romklef(m): 12:05pm On Feb 05, 2023
Business / Re: Forex Trade Alerts: Season 23 by romklef(m): 8:18am On Feb 04, 2023
BrightFuture48:
Keep pumping mates... Another 5k account WON from December contest of myfundedfx.
Alhamdulilah!!!

Please... How can I join this discord channel??
Business / Re: Forex Trade Alerts: Season 23 by romklef(m): 4:47pm On Jan 01, 2023
Another 365days journey... cool

1 Like

Phones / Re: Phone Engineers On Nairaland Willing To Assist You - Part II by romklef(m): 8:41am On Dec 30, 2022
lambano4:


Samsung Certified Warranty A40 Screen 55k available for Replacement in a jiffy ...while you wait
Send your Device to Our Office for Onsite Fix
iFixFast TECHNOLOGY
Talk/Chat iFF 09063858289
(C.V-Ikeja Lagos)

Do you have Samsung s9+ screen.. At what price??
Programming / Re: My Journey Into Web Development by romklef(m): 8:29am On Dec 30, 2022
Ahmback:
I want to practise with w3school, so i won't get myself confused. But thanks for the suggestion. Please let me ask, between the two which is more easy? Get what i mean?

For early stage, w3shcool is very good.. Buh surely you will need this site too.

HappyCoding
Programming / Re: My Journey Into Web Development by romklef(m): 7:46am On Dec 29, 2022
Check freeCodeCamp website for more...
European Football (EPL, UEFA, La Liga) / Re: Arsenal Vs Nottingham Forest (5 - 0) On 30th October 2022 by romklef(m): 2:09pm On Oct 30, 2022
Let's do this ✊

#COYG ❤

1 Like

Business / Re: Forex Trade Alerts: Season 22 by romklef(m): 8:10pm On Oct 20, 2022
grin grin I thought its only me
realone12:
grin today's losses is simply unimaginable
European Football (EPL, UEFA, La Liga) / Re: Leeds United Vs Arsenal (0 - 1) On 16th October 2022 by romklef(m): 4:53pm On Oct 16, 2022
Ugly win

#COYG ✊

8 Likes 1 Share

Nairaland / General / Re: Whats That One Thing(s) You Wish You Knew Earlier. by romklef(m): 2:40pm On Sep 20, 2022
cool Forex Trading ✊

7 Likes

Travel / Re: Man Attempting To Cross Into Italy By Sea From Libya Changes His Mind (Video) by romklef(m): 12:03pm On Sep 03, 2022
cry cry cry
UselessBuharist:


I’ll just make it brief, I was in my early 20’s, my friends talked me into the journey but I didn’t know they were not travelling with us until the day we left Nigeria.

I didn’t have much information about the journey but because they told me it’s easy and fun I left Nigeria with them.

We were first held by rebels in the desert for 28 days, mind you I left Nigeria Feb 3rd 2009 and I got to Libya in March.

The owner of the uncomplicated building we were living brought the police to arrest us 4 days after I got to the house, some guys were arrested but i and some other guys escaped, we ran into the cemetery and slept there till 6AM.

I found a Nigerian who offered to allow me stay in his house, few days later I told him that I got a connection to cross to Italy and I will be living the following day.

The following morning this guy left the house and locked everyone inside, he returned in the evening with 3 guys, a Ghanian and 2 Nigerians. The moment he entered the house he pointed at me saying this is the boy before I knew what was happening they stated beating me asking me to follow them. I resisted and fought back, the landlord heard the noice, he came knocking so the guys quickly ran away.

The following morning this guy asked me to pay him $300 before he will allow me leave, I said you should have said that instead of bringing people to beat me up. Then I gave him the money and left his house to the camp from where we were to be taken to the sea side.

The same night we were taken to the sea side, when we got there we were ask to sit on the floor and not make noice, about 3 minutes later a small balloon boat came and was taking us 30/30 to the big boat, I was on the 3rd batch, few minutes after I entered the big boat, we saw boats coming towards our direction behold they were coast patrol.

The person that was to sail our boat told everyone that we will all die instead of him to allow the police arrest him then he zoomed off, the police chased our boat till they caught us when we were almost out of Libya territory.

We were arrested and taken to prison on Sunday and we broke the prison on Tuesday and escaped. We were chased all night……. Na long story bro I hope I get to document all that happened on that trip one day. I lost my left eye as a result of the beating I got from the guys that were invited to beat me.

1 Like

Business / Re: Forex Trade Alerts: Season 22 by romklef(m): 9:05pm On Aug 30, 2022
realone12:
Lol, i think i understand what he is trying to say.. he just happened to misused his words.. i think he mean to portray himself as a contrarian trader, rather than fighting against the market,lol.

secondly, I don't think he actually mean "instinct" per say.
I think what he really means is "Gut feeling".
I believe we all are aware that gut feeling is not something you can consciously learn, it is something you just suddenly realise you have as you make progress in your trading journey over the years.
any veteran trader here knows that having a gut feeling in relation to trading is one of the greatest attribute of a good trader..

Yea ✊ we retail traders are just passengers to market makers we only follow dem anywhere they drive us to smiley
Business / Re: Forex Trade Alerts: Season 22 by romklef(m): 8:47pm On Aug 29, 2022
grin grin grin first instinct trader I will ever come across
VlamesIffect:
Sircatherine45 my big boss...na man you be...no let them tell you anything else... grin it takes a man to stand on his ground..you be instinct trader.....leave am like that grin grin...no worry the market that market my market will market your market grin
Business / Re: Forex Trade Alerts: Season 22 by romklef(m): 8:44pm On Aug 29, 2022
grin cheesy
VlamesIffect:


grin grin boss. This one wey you save the date. No be small thing
Investment / Re: Crypto Currency Investors Thread by romklef(m): 10:29am On Aug 19, 2022
grin grin
Omobola121:
No perfect Analysts. I remember someone on this thread also said people should not short this month or so.

1 Like 1 Share

Politics / Re: INEC going House To House to register voters In The North - Eyewitness by romklef(m): 2:56pm On Jun 26, 2022
Beyond true � no doubt about this
Phones / Re: Delete These Apps Immediately! by romklef(m): 11:13am On Jun 26, 2022
Nice write up man �
Sports / Re: Sadio Mane joins Bayern Munich by romklef(m): 5:06pm On Jun 22, 2022
Well deserve �
Sports / Re: Victor Osimhen Visited His Childhood Field To Have The Fun Back (pic) by romklef(m): 3:14pm On Jun 16, 2022
#SelfBelieve✊

3 Likes

Technology Market / Re: The Xiaomi Thread Store by romklef(m): 9:28am On Jun 14, 2022
Prechy2Ej:
Still Available
Available ??
Sports / Re: Rangnick Confirms He Will Leave United by romklef(m): 2:43pm On May 29, 2022
grin grin finally tuchel and klopp mentor cool

1 Like

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 12 pages)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 35
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.