₦airaland Forum

No Jesus without Judas.
Both are equally important to each other and joined together forever.

Briefing of the Russian Defense Ministry (10.04.2022)

The Armed Forces of the Russian Federation continue to conduct a special military operation in Ukraine.

During the night, in the settlement of Zvonetskoye, Dnipropetrovsk region, high-precision sea-based missiles destroyed the headquarters and the base of the nationalist battalion "Dnepr", where a replenishment of foreign mercenaries arrived the other day.

High-precision air-launched missiles in the area of the settlement of Starobogdanovka in the Mykolaiv region and at the Chuguev military airfield destroyed the launchers of Ukrainian S-300 anti-aircraft missile systems identified by intelligence.

Eight Ukrainian unmanned aerial vehicles were shot down in the air by Russian air defense means in the areas of the settlements of Olkhatovka, Novaya Astrakhan, Avdiivka, Shakhterskoye, Kurakhovo, Novoselovka Two, Veseloye.

86 military facilities of Ukraine were hit by the operational and tactical aviation of the Russian Aerospace Forces. Among them: two control points, two ammunition depots, three fuel depots, three multiple rocket launchers, as well as 49 strong points and areas of concentration of Ukrainian military equipment.

In total, since the beginning of the special military operation, 127 aircraft, 98 helicopters, 234 S-300, Buk-M1, Osa AKM anti-aircraft missile systems, 436 unmanned aerial vehicles, 2,052 tanks and other armored combat vehicles, 232 multiple rocket launchers, 894 field artillery guns and mortar, as well as 1975 units of special military vehicles.

The ruble has surged on Wednesday after the announcement that payments for gas exports to certain Western countries will be switched to Russia’s domestic currency.

knowledge is light

[url] https://rumble.com/vwsh2k-ukraine-on-fire-2016-oliver-stone-director-igor-lopatonok-mirror.html[/url]

Nothing new.
Cain then murdered Abel out of jealousy, whereupon God punished Cain by condemning him to a life of wandering. Cain then dwelt in the land of Nod (נוֹד, 'wandering'), where he built a city and fathered the line of descendants beginning with Enoch.

be very alert.

The question is how did he came to Nigeria?

The British passport has no Nigerian visa.

He may have issues to leave the country.

White xmas is no scam may be u in wrong place.

This is an agreement between USA and Taliban.

The USA is broke, they can't sustain the war or rebuild the country since the tribes are loyal to Taliban.

Option left is pretend to withdraw and allow Taliban take over. Looks better than USA handover power to Taliban directly.

The USSR also had to withdraw from Afghanistan in the 80s.

Basically, USA mis calculated. There was no Afghan among the 911 hijackers. It was a stupid and senseless attack on Afghans becos of Osama.

A very useless government and confused FIRS.

CRS reporting is only for accounts where yearly balance has reached $250,000.00

Anything below is not reportable.

And it will be mostly for Non-Nigerian Account Holders in Nigerian bank,.

The goal is that Nigerian will now inform these foreigners country how much they have in our banks.

The questions we should ask FIRS is where is the CRS report of Nigerians having foreign account with balance above $250,000.00 sent to Nigeria.?

Homeboiy:
It was discovered by the Portuguese traders

It’s a Portuguese word for straight road.

Above is not correct.

straight road = strada reta in portguese

Why must it be same regurgitated folks

The Court of Appeal has upheld the suspension of Adams Oshiomhole as National Chairman of the All Progressives Congress (APC).

A three-member panel of the appeal court affirmed the suspension on Tuesday in Abuja.

In a judgment delivered by Justice Mohammed Lamido, the panel dismissed Mr Oshiomhole’s appeal for lacking in merit.

The panel accordingly affirmed the decision of an Abuja high court which had in early March ordered the suspension of Mr Oshiomhole as APC national chairman.

https://www.premiumtimesng.com/news/headlines/398053-edo-2020-court-of-appeal-upholds-oshiomholes-suspension-as-apc-chairman.html
More...
https://guardian.ng/news/appeal-court-affirms-oshiomoles-suspension-as-party-chairman/

Very counter-productive tax policy.

Rather we should encourage these digital border less companies to come Nigeria by having tax-free digital policy.

In no time, there will be a thriving digital valley in Nigeria.

Anyway, if you want to by-pass this tax, we can register your Netflix payment, google advert payment for you abroad.
So no foreign transaction traces in your online purchases bank card.

Nigerians should be careful.

D-8 is actually an Islamic organization based countries.

Otherwise, we should have Mexico and South Africa on the list

The idea of co-operation among major Muslim developing countries was mooted by Prof. Dr. Necmettin Erbakan, the then Prime Minister of Turkey, during a Seminar on "Cooperation in Development" which was held in Istanbul in October 1996. The group envisioned co-operation among countries stretching from South East Asia to Africa.

BreconHills:
Bros you have a good imagination.

Nigeria has never defaulted on a bond payment. It is a first line charge on the federation account. This is the precise reason why it is investment grade. As for the wisdom of Pension funds taking up the bonds. Of course they should. It smooths out the variance in a retirement portfolio that should be close to zero risk YET match inflation. Bonds are excellent for this.

As to how you deduce that they are recycling bonds. I have to laugh. Do you think bond managers cannot see FG revenue against bond payments; capital and coupon? Are the reserves negative? I know we are on a public forum where there a lot of non finance/investment people that can be hoodwinked but fear God. Ponzi scheme indeed.

And there is also a huge retail segment in bonds. Huge. At 14% on average this a solid floor against stock market swings. What's not to like? I am buying for my children

well written.....

Fair enough Nigeria has not defaulted in recent times(don't forget PARIS club in 90s) but are we waiting till dey default?

CBN is bleeding the reserve to defend the naira exchange rate... that alone is not sustainable as our reserve is going down very fast.

14% is high yield bond for investors; the point is that what revenue/investment is Mr. Buhari making that will give naija more than 14% to break even on the coupon and capital repayment that will be due... NONE.

Already about 70% of revenue goes into interest repayment and capital on borrowed funds from both external and internal debts.

That is why Mr. Buhari: increased VAT, created more TAX sources eg... online purchases etc

Nigerians will have their disposable income reduced and cost of things going up more.

And they should pray crude oil price does not fall like 10%... it will be chaos.

BreconHills:
Bros, the loan is naira denominated which means it's basically a stimulus injection into the economy. It will pay local contractors and their employees who will buy local goods. This is the only way you can inject cash without causing inflation. In the past after every FAAC meeting asset prices and fx rates would rise as governors push state money into stocks and housing. ( as well as into the Dubai route) People were shouting - the economy is booming not knowing it was an uneconomic bubble unbacked by any infrastructure or value. Today hate the infrastructure or love it, this money is not going into the stock market or new property estates and it certainly ain't going to Dubai - so what's not to like? We cant keep mistaking the absence of pain for progress.

To those coming out with funny degrees that you know have nothing behind them and to those buying and selling and of course to all those who pack themselves as middle men into value chains, the sun ain't shining no more and long may it last till every single entitled person receives sense.

Your analysis is not correct.

This is local debt(naira) which likely will come from PENSION FUND and other local institutional investors.

Ideally, the government should use the money wisely and be able to generate REVENUE greater than the interest rate they want to pay back in 5yrs, 10yrs & 30yrs.

But we know this money they want to borrow now through BOND is to pay back existing BOND that are already due.

Conclusion:
Mr. Buhari is running a PONZI scheme; which when it will eventually fail, will drag down the pension of Nigerians and the economy into a mess.

Why now is Dangote moving away from naira?

Does he has insider info that CBN about to devalue(or free float it) the naira soon? Time will tell.

Note: CBN will devalue sooner or later since bleeding the reserve to keep naira afloat is not sustainable.

It is a good move though but very delicate one.

US SEC will open book on Dangote and dig deeper to be sure all is CLEAN.

OBJ, OBJ.... if you know, you know.

OFN = Obasanjo Farms Nigeria
OFN= Operation Feed the Nation.

OFN was Federal govt projects in the 70s.. millions was poured into OFN, but which OFN?

That is one of the ways he scammed naija in the 70s.

Fash20:
I think its Cheetah

There is no tiger in Nigeria so, Ekun is Leopard

Very interesting. Since we don't have Ekun in Africa, I wonder how our fathers is using this as reference(Amo-Tekun)

I tend to agree by 70% chance that our fathers meant cheetah to be Amotekun and Leopard to be Ekun.

Cheetah and Leopard are so similar except for few differences like speed, color and what time they hunt.

However, more research need to be done to ascertain the truth if Amotekun is really Cheetah or Leopard.

I lost a brother due to Dangote truck in same area two years ago,

He left behind 2kids and wife. No compensation. The burden is now on the whole family.

It is really sad and yet this family has been thrown into sadness in 2020.

Let us be mindful... such unwarranted death affects lots of people.

Bull crap. Time to reject BBC.

They are looking for friends now that EU is no longer available for them.

Now they are remembering the ex-colony after they realize the impact of their brexit.

As a result of Brexit, that bridge is about to be broken, so having good links with the UK will become less important.

tell your friend but make sure you have SOLID evidence

A lady that does this surely have more tricks in the bag. watch out.

Solid evidence that your friend will doubt your sincerity, honest and reason.

Your may hate you now but later in the future, he will thank you.

if it is true, then nothing really new about this. How did she died?

Some poison actaully may prevent your body from decomposing.

@redcliff,

If one of his parents was swiss at time of his birth, he would have add Swiss Pali. You dont need to wait till 15.

As it is now, he is a criminal foreigner in Switzerland.Tough but wish him well.

the only PALI he has is NIAJA PALI.

That is why they would send him back to us even when he has never being to naija.

Nobody wants a criminal who is not a citizen.

And because he has so much criminal records, he would 99% be denied citizenship if he applies for it.

who knows... he can make it in naija!!!

This is indeed very terrible. Wish him speedy recovery.

That said, it would be tough to get compensation from the Company rather focus on the hospital. Below is fully warning about using this tab.

I would not worry too much on this.

Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right now. Since mid-April, the yield on 10 year German bonds has shot up from 0.05 percent to 0.89 percent. But much of that jump has come this week. Just a couple of days ago, the yield on 10 year German bonds was sitting at just 0.54 percent. And it isn’t just Germany – bond yields are going crazy all over Europe. So far, it is being estimated that global investors have lostmore than half a trillion dollars, and there is much more room for these bonds to fall. In the end, the overall losses could be well into the trillions even before the stock market collapses.

Clearly not a clever choice.

Making a EXXON/MOBIL lawyer as MD of NNPC is not going to work out for the interest of Nigeria.

NNPC needs more of experienced business engineer to shape things out.

Mr IBE would have been much better as Legal adviser to GMB on NNPC.

That Falcon private jet does not belong to AKON.

It is owned by BPIFRANCE(finance company) and operated by Aero Services Executive SA, Bat H5, Zone d'Aviation d'Affaires, Aéroport du Bourget, 175 Avenue de l' Europe, 93350 Le Bourget, France.

It was initially owned by Aero Vision SARL:Hangar 20, 30 Impasse Santos Dumont, Zone d'Aviation d'Affaires, 31700 Blagnac, France in 2011
You can charter it to Nigeria for $150,000.

INFORM YOURSELFS or ASK IF NOT SURE

NIGERIA should also pressure USA to allow POLYGAMY.

no one law is superior to the other.