Science/Technology › Re: 7.5 Kva Petrol Generator by sholatech(m): 1:26pm On Jul 02, 2016 |
I'm also interested in this discussion. It seems 7.5kva Petrol Generator will not give same output as 7.5kva diesel generator |
European Football (EPL, UEFA, La Liga) › Re: Fc Barcelona Fan Thread: "més Que Un Club" by sholatech(m): 10:52am On Jun 27, 2016 |
AdeLaNa1: He has Fifa U17 world cup  Also has Olympics National Team Gold Medal |
Business › Re: Pls Advise On Which Bank Is Best For Online Banking by sholatech(m): 8:55am On Jun 27, 2016 |
stardragon: if i open an account with 15# will they issue me the card?? For Domiciliary account, minimum deposit is $100. For Naira acct, minimum I think I 5000 naira. And you can apply for card once you hav above this minimum |
Business › Re: Pls Advise On Which Bank Is Best For Online Banking by sholatech(m): 7:32am On Jun 27, 2016 |
stardragon: which Diamon bank card is better visa/master card? All my Diamond Bank cards are Visa. I'm not sure they have Mastercards or Verve Cards yet. |
Properties › Re: Six Bedroom Duplex For Sale In Gwarimpa Abuja! by sholatech(m): 5:21pm On Jun 26, 2016 |
Pictures? And does it have C of O? |
Travel › Re: My Horrible Experience With ARIK Air by sholatech(m): 11:40am On Jun 26, 2016 |
I once chase them for 2-months to get the Dubai Ticket refund. The 10 business day refund is their usual business language. But for me it never worked. |
Business › Re: Pls Advise On Which Bank Is Best For Online Banking by sholatech(m): 11:35am On Jun 26, 2016 |
mikkyangel: Diffrent strokes for diffrent folks...poster is in d us,so we not just looking at security alone, question is,na which bank go help her interns of favorable exchange rate?.....Gtbnk!!!
Gtbnk bnk sent my token from lagos to Maryland baltimore usa. I have been using dem 5yrs on now...not even a penny has gone missing."weda ur money slow to upload or not,suffer e upload"TransFer is safe! Exchange rate is favourable. Interesting to say GTB has favourable exchange rate. How? How? How? If you converting your usd in your GTB account to Naira- how to they convert online? I know that is what poster does regularly. And if I pay you Mikkyangel Now in Naira for my US purchase today, how much did GTB convert? Guy, for rates GTB currently has one the worst. I will them only for transactions where service delivery is the only consideration. |
Business › Re: Pls Advise On Which Bank Is Best For Online Banking by sholatech(m): 7:57am On Jun 26, 2016 |
Ehe..Staff? Usual Nairaland kid comments. I run my businesses guy for 15yrs now. The whole banking industry knows this and not someone like you stereotyped on GTB. I have been using GTB since 2002 and Diamond since 2010. Let me give u key differences of recent:
1. GTB just Started use of app to do foreign transfers last year. It has been a diamond bank feature for years.
2. Diamond Bank app loads like winch for login and transactions. GTB takes longer.
3. Your log-in details for GTB can take days to receive if your acct officer is slow like mine. I had to chase them last month for 4-dsys for my acct officer to authorise and get new login details sent to me. For Diamond, I do reset easily vand my login details after visit to any branch.
My new login details sent after chasing GTB for days even still didn't work. You can do virtually all Banking transactions especially via the Diamond Bank app on the move. I observed since last year, most new features I use on Diamond app gets introduced much later by GTB, Sterling and First bank(my top three I use daily). For my Zenith Acct, I don't even like the GUI. Still looks like old Gotten commands and many transactions still not allowed on our corporate i-bank. And their app takes so long to load. The Easy money app by Zenith bank loads relatively fast compared to their corporate i-bank but gives me loads of worry. Many times including yesterday, I will effect instant transfer to other banks. It will show 'SUCCESS'and yet transfer will not go thru.
Let me not bore with details. I use about 12 banks. But after series of transactions I have made my choice |
Business › Re: Pls Advise On Which Bank Is Best For Online Banking by sholatech(m): 11:55pm On Jun 22, 2016 |
Diamond Bank by a long pole. Ease of use and registration. As said in their advert, their mobile app is the sweetest way to bank. I can't seem to do a day without it..its next to my bible |
Politics › Re: The Pains And Confessions Of A Repentant Zombie By Remi Oyeyemi by sholatech(m): 8:25am On Jun 17, 2016 |
Time is fast ticking on President Buhari..Financial Times, Bloomberg, Wall Street Journal and loads of international media are bringing all these out.. |
Travel › Re: Cheapest Flight Lagos to Washington DC by sholatech(m): 6:11pm On Jun 15, 2016 |
Udiboy: What airline are you using? I tried calling them but no one is picking. I sent them email Went to thier website but can't see flight booking services o, Na cab services I see. How were you able to book with them I'm sure they will respond to your email. You can also chat with them by whatsapp . Yes,they do flights |
Travel › Re: Cheapest Flight Lagos to Washington DC by sholatech(m): 11:19am On Jun 15, 2016 |
send them an email: bookings@pudo.com.ng Udiboy: Help a sister nau. Where did u buy that from? Please act fast |
Travel › Re: Cheapest Flight Lagos to Washington DC by sholatech(m): 9:14pm On Jun 14, 2016 |
I bought Emirates at 302k for next tomorrow flight to Washington DC Intl Airport. |
Politics › Re: Buhari: The Unbiased Report: What We Expected,(what We Got Report By Idu Paul) by sholatech(m): 11:23am On May 29, 2016 |
The Ratings everywhere shows People's Anger on Baba's Poor Performance in his first 1-year. I hope he understand this and uses the next two years to make things better for us Nigerians |
Agriculture › Re: Help On Export by sholatech(m): 6:53pm On May 26, 2016 |
Sesame Seeds, Ginger, Topaz, Purpl Hibiscus etc |
Adverts › Re: Iphone 6 Brand New Forsale At Cheap Price !!! by sholatech(m): 1:08am On May 25, 2016 |
baddy404: I have got a Brand New IPhone 6 16gb silver colour forsale at 130k. whatsapp 09051440285 OR Call 08027148169 Interested. Pls where is your location? |
Investment › Re: Nigeria's Stocks Enter Bull Market As Recession Looms by sholatech(m): 8:27am On May 24, 2016 |
steadymind: Why I support President Buhari on exchange policy
Many times my late father used to take a position on national matters which I did not understand. I used to spend long hours arguing with him on economic and tribal matters but he would simply stand his ground and be officious which was very annoying.
I had just returned from England full of ideas and I wanted to improve his business for him. This old man had sent his children overseas to study and he simply refused to allow us to practice what we learnt. He was happy to allow us to run the business but there were some "no go areas" which I did not understand.
After watching Nigeria for over 25 years and seeing the "boom bust" cycle happen twice, I now have a better understanding of third world economics and politics. I am now very weary of international agencies like IMF, World Bank and all these high sounding economists on CNN who prescribe policies like road side medicine peddlers who sell "cure all" medicines for all diseases.
I definitely agree with President Buhari PMB that devaluation of the Naira will only bring hardship upon all Nigerians and it will not solve the problem at hand. Any devaluation will only make a few richer and the masses poorer.
Engineers and Scientists follow an exact science. When they advise you on certain steps in a sequence it is possible to predict the outcome in a deliberate way. An Aeroplane will always take off and land with such certainty that we are willing to take the risk of flying even for holidays. The same thing applies in the medical field. Engineers and Scientists are all able to prove what will NOT happen with some accuracy and they will back up their position with data and research.
Unfortunately Social Scientist and Economists are not in the same business. They are busy peddling their trade of faulty medication all over the market place without fear of reproach. They occupy all the news media like CNN, BBC , CNBC etc and spend hours analyzing and advising people, companies and countries on economic policy and even political policy. They are quick to advice on Syria and Iran but when it fails they simply move to another topic without anybody calling they to order.
They are also quick to advise Egypt and Nigeria on currency Managment but nobody notices how they have failed.
Egypt is now suffering from this misdirected policy while Nigeria was saved this embarrassment by the steadfastness of our own PMB. Please read the article below.
http://www.reuters.com/article/us-egypt-dollars-blackmarket-idUSKCN0XI1W9
It is likely that a wise president would have posed the following questions in the event of devaluation :
1. Will Organised labour ask for an increase commensurate to the inflation figures... ? Yes 2. Will it increase production and export? Definitely but not in the near term. 3. What is the predicted gap between the parallel rate and the official rate after devaluation to say N280 to the dollar? (No one knows) 4. Have the prices of goods and services doubled since the parallel rate has practically doubled? (NO) 5. Will the prices of goods and services double once we devalue to N280 officially? (definitely) 6. Will it cause widespread inflation? No Brainer.
PMB said on Thursday that he is not convinced that devaluation will solve our problem. This article reinforces his position.
Where devaluation is not matched with increased supply of dollar on a "willing seller willing buyer" basis, in my opinion will not solve the problem. Therefore we should avoid it unless we are sure devaluation will increase dollar supply. It will only increase poverty for already the impoverished Nigerian.
Yes it a well known economic principle that devaluation encourages export. But in the short term, there is nothing to export. The few exporters we have already bring their export proceeds through the back door and sell on black market anyway. Besides as my father said Nigeria already suffers from some cultural and structural defects that can not be fixed by international economic "Dictaks" alone.
If devaluation brings this difficult outcome for Egypt, it will surely be worse for Nigeria as we are NOT structurally diversified as Egypt. We are far more import dependent than Egypt.
Another proponent of devaluation are the state governments who think they will benefit if we devalue, thinking they will have more naira to pay salary and provide social services. But I think it will short lived . The resulting inflation will wipe out the benefit in no time.
I support PMB on devaluation. Perhaps we should take our time to observe the patient before taking the surgeon's knife to start an operation where we are unsure of the final outcome.
Perhaps creating a third tier interbank rate that allows people to inflow funds to settle expenses ,credit cards bills, school fees etc will reduce the pressure on the roadside market. But the transactions should be subject to international rules and anti money laundering AML rules. Spending money on Amazon, Konga, and other online purchases up to a limit depending on the category of customer . A limit of $500 per week up to a maximum of $4,000 per annum will definitely be enough for many young people and it will prevent people from buying cash on the road side to pay international fees ACCA annual dues etc. This will greatly reduce the pressure on the currency for now and it will satisfy the majority of normal people who do millions of simple transactions daily. It will also allow many people to remit funds to Nigeria for their family and friends.
Copied. This has been the argument since by Pro-Government Analysts. I'm surprise we still tow This line which is not helping Mr. President. Who says price of things have not doubled after th Naira got devalued at the Paralel market(using your language)? How much was a bag of rice last year and how much is the current price? That is a very common commodity. Have you really been following inflation figures? At least you can easily check monthly released figures by NBS, Government Agencies. Please and Please, Naira had long been devalued on the street where the bulk access their FX demands. I believe CBN is only waiting to determine the appropriate official devalued rate. There Is no need deceiving ourselves that Naira is not Devalued. It's only postponed just as the fuel price hike. |
Travel › Re: Pls Advice Me On South Africa To Naija Visa by sholatech(m): 7:28pm On May 21, 2016 |
You wrote 'Visa' but appears you asking how much for 'flight' or 'Ticket'? |
Agriculture › Re: Palm Oil by sholatech(m): 10:08am On May 21, 2016 |
Aky247venture: We buy and supply to our customers in jos how much is a 25 liters and delivery too to jos is how much let's do business Sent SMS to you on 20th May as your number switched off. Tried again now and still switched off |
Autos › Re: Toyota Lexus 470 Dvd Player. by sholatech(m): 8:57pm On May 18, 2016 |
I'm interested. Pricing? Location? |
Politics › Re: BREAKING: NUPENG, PENGASSAN Support Petrol Price Increase by sholatech(m): 10:15pm On May 13, 2016 |
Oh, sure they always wanted this. They are key direct beneficiaries of the subsidy removal! |
Technology Market › Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by sholatech(m): 9:52pm On May 13, 2016 |
kennyman2000: it's for fuel marketers and it's actually 298 and not 290 My guy, not for marketers. News is everywhere that Presido has agreed with IMF to devalue to 290. I guess That's also why they have predicted 298 for oil marketers |
Agriculture › Re: I'm Curious: Why Cannot Tomato Be Grown In The South West by sholatech(m): 3:35pm On May 12, 2016 |
Tomato grow very well in SW. many commercial tomato farms are springing up especially in Ogun State |
Properties › Re: 800sqm Of Land In Kubwa F01, Abuja With C Of O For 4.5m by sholatech(m): 8:02am On May 11, 2016*. Modified: 9:33am On May 11, 2016 |
interested. Will call to arrange inspection |
Car Talk › Re: Things You Need To Know About Tyres And Avoid FRSC Seizing Vehicle by sholatech(m): 7:59am On May 11, 2016 |
This is apt for this period. Thanks for the guide and will be kept on our phones to show Frsc guys |
Properties › Re: PROMO: 4 Bedroom Detach Carcas @ Lekki Phase 1 by sholatech(m): 2:14am On May 02, 2016 |
Interested. Sent you SMS so we arrange to meet |
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Agriculture › Re: 90MT Of Cashew Available In A Lagos Warehouse by sholatech(m): 9:11pm On Apr 28, 2016 |
cousins: Serious buyers with cash and ready to big 90mt of cashew should drop their contact.
48KOR and 180-190 nut count.
product is in Lagos warehouse at Amuwo Odofin. You can bring your container and load. How much per ton? |
Nairaland General › Re: Domiciliary Account by sholatech(m): 12:41am On Apr 28, 2016 |
Most likely money was not sent. Let sender give you telex copy of the transfer |
Autos › Re: Free Vin Checks And Reports Sponsored By Auctionexport.com by sholatech(m): 10:44pm On Apr 25, 2016 |
Hi Export,
Please help with Vin Check for WDDHF8HB8BA301737 |
Autos › Re: @@@@@@@@@@@@@@ Clean 2015 Mercedes Benz S500......@@@@@@@@@@@@@@@@@ by sholatech(m): 1:52am On Apr 25, 2016 |
Location? Pricing? |
Agriculture › Re: Dried Ginger And Soybeans Available by sholatech(m): 4:46pm On Apr 24, 2016 |
Hi Lemmy, pls what are you Ginger Prices? |