₦airaland Forum

Kyri:
first it is The Kabbah and the colour is grey the fabric used for the covering is black

ignis:
Does Pasuma sing gospel songs?
If No, why was he invited to the crusade in the first place.
If Yes, why will the authority suspend the crusade just because Pasuma was invited. Are they saints?

xdream:
Honestly, if I say am happy with the way YouWiN! 3 implementation is going, then am not honest.
The simple question I can't get an answer from is, what's delaying the remaining second tranche disbursement? Them say na process, biko the process na pregnancy wey go last 9months to bring an infant?
If anyone is expecting third tranche, it ain't no crime but please don't talk about it here.
Just imagine how we all would have been fighting one another here if no one is yet to be paid second tranche.
Those of us that have received our second tranche and don't give a fvck about the remaining few are the real Boko Haram. Why the silence
Let's speak, let's ask questions.
If you've paid for a year office rent since February this year and you're yet to receive your second tranche, I don't think you'd be happy. That's exactly what our fellow awardees are facing, bitterness!
So if you wanna talk about third tranche, talk about it privately. Don't make the people expecting their second tranche lose hope or feel rejected.
God bless you and I.

modath:
Hello, can you oblige me with the buy and sell rate for USD in Abuja for today? Thx..

MrKontrovErsy:
yea but many of dem are scam. iv bn scamd few times.
bro if u hav legit one u do u can still introduce me to
i dont mind droppin u sometin for it. as long as its wat u and it pays.

MrKontrovErsy:
wow!
o boy do u do money laundering
abeg which biz u dey do make i join u de chop hard currency o

ladyF:
Chai. But why treat them like primary school pupils. They just need access control where staff will clock in with their id cards, erring staff can then be sanctioned. This isn't the way forward.

Hehehe It's [size=20pt]LadyF [/size] again

MilikiAgent:
'Profanity is the effort of a feeble brain to express itself forcibly.' -S W. Kimball

MilikiAgent:
No mind am, the Ogbeni does no know that parade has changed gear!

mavinc4u:
Hmmm. Mr knowall, what use is a dollar in a wallet if it can't be spent? Please read all my comments on nairaland with full understanding because I speak in parables a lot, don't be quick to type. Thanks

makzeze:
Which planet are you?

makzeze:
then tell us your own.

makzeze:
Yes, you can only withdraw in Naira.

Simple question: can you go to a bank in US or England and withdraw in Naira? I dont think so.

M16:
Wire transfers are recieved in local currencies, same as western union

makzeze:
dollar now sales for 220 in Abuja.

prospero15:
So what has happened recently with the U.s police??

prospero15:
My guy I dnt agree with you..I've nt seen such in d U.S police

agarawu23:
can only happen in a country where citizens don't know their right and where citizens can't fight for their right only to make mouth on Nairaland

Even if the guy is a criminal, the police man don't have the right to drag him like that.

I weep for my nation

Ymodulus:
You are not ready to sale yet. The price electronically now is 220. I sold mine 210. If you want 220-225 that's the price.

Act smart and off load your dollars. Note.

There is a current ish now. Transferring from some bank Dom is showing error via e banking. Confirmed from Gtbank and Fidelity.

jomoh:
You're the one who obviously needs a lesson on economics.

The government has placed ban on purchase of unnecessary items reducing the demand for dollars to purchase them invariably increasing the supply of dollars.

The government has made sure all credit/debit cards with accounts domiciled in the country cannot spend more than the amount stipulated when used out side the country. This will reduce the amount of dollars leaving the Nigerian economy invariably increasing the supply of dollars.

The CBN has refused to effect foreign transfers from account that has no BVN. Most politicians who does not want to be directly linked to the money in the dollar accounts of companies they used to front for syphoning money would find it hard to transfer their money that are in dollars. They will be forced to sell the dollars in their account or allow it to remain their and eventually loose value. Either way the dollars for supply in the economy increases. The only other option is, they withdraw the dollars and smuggle it out of the country but they risk being caught. The one in Naira account too will not be able to be transferred reducing the demand for dollars and invariably increasing its supply.

All the above policies ensures that the demand for dollars is drastically reduced and eventually when supply finally starts to outstrip dollars Naira will gain tremendously. Though not totally enough but it go a long way to reduce the tension on dollars.

Here are some other areas that can affect the demand and supply of dollars(not exclusive)

Foreign reserve
It is on the increase which will also increase the supply of dollars Nigeria have.

Resumption of refineries
The resumption of refineries will reduce the demand for dollars to purchase refined crude oil from foreign countries and on the flip side supply of dollars for necessary transactions will increase.

Ban on Nigerias beans and other export to europe
This will have negative effect on the Naira unless the FG does something about it real quick because it will reduce Nigerias foreign receipt of dollar thereby reducing the dollar supply to the economy.

So far the economy is on its way to recovery. Thanks to PMB.

Otunbatrafford:
Is like some of these yeyebrities are seriously broke. creating a scene because of N20,000 is quite deamining in view of her popularity and status. But what of if the bank debunk her claim that the transaction sequence number is successful as status. Would she have been expecting the bank to do otherwise?

b0rn2fuck:
people like you cannot even dash begger 1k, I would ve banned you if I am the moderator for not making sense.

gottliebglobal:
Haba, 20k?