₦airaland Forum

tubbytubby:
I am a staff of internal control BankPHB so I get to know a lot of things going on in the internal system. Do you guys know these 419 people are very heartless e.g Almighty FRANCIS ATUCHE(FA),he has sacked all his pioneer staff who suffered with him in building the bank e.g. is Mary Bassey(Ali Baba’s Wife) who did the best marketing in this country all in the name of growing her bank and he sacks her and others( before she clocks 10 years in the bank partly to avoid paying her 10 years span benefit which will amount to maybe 70 million ) on a fraud known as HOMETRUST which he started with his own hands and its his own gameplan - partly to get possession of SPRING BANK with FUNMI ADEMOSUN whose wife is a top woman in ACCENTURE.FA is the whole master planner of the 17 billion scam but other innocent victims like my boss Solomon Omoregieva,Ahmed Kuru, Emma Abugu and many others suffer great career losses and sleepless nights which my boss is always in the office all night not knowing FA is the whole master planner who knows what he is doing. Everyone will be sacked one by one soon and then he will put his so called 419 brains in the system.

This thread is for u job seekers stay away from bankphb or else u will be used and be a victim of career shatter.Don’t leave your bank to cross to PHB or else u will have yourself to balme because soon they will find a crime on u and sack u and then u wont be able to get other jobs, their salaries are enormous but without job security
…ALL THAT GLITTERS IS NOT GOLD.Please forward this to bankers you know.

You should be laid off yourself. How can you come here throwing unsubstantiated allegations, mentioning names and yet you yourself remain anonymous? Let us know you so that if there are fallouts from your allegations, we will hold you to your word.

The nationalisation of the three banks (afribank, BankPHB and Spring bank) involves recapitalisation by AMCON. The MD of NDIC has said that neither depositors' funds nor the jobs of the staff of those banks will be affected adversely.

I hope we can take his word for it and he won't later say he was quoted out of context.

russy:
@stagger pls can you mentor me, pls let me have your gsm

My brother, there are many intelligent traders here. Just follow what is happening here and you will pick some very good ideas that will take your trading very far.

Meanwhile people, this was from the Swiss National Bank Chairman a while ago, Philipp Hildebrand:

2011/08/08 06:04:00 SNB chief Hildebrand says will not accept a further appreciation in the franc without acting

E be like say SNB wan intervene o! If you are bullish on the CHF, beware!

naijababe:
Me I dey wait for sign to short, make pesin collect some pips before morning

You should have shorted immediately after the market open as the pip gainers take profit.

BTW, the US Finance Minister (Treasury Secretary) Timothy Geithner is ranting away on NBC right now about the S&P rating. I quote from my forex news feed:


2011/08/07 22:24:00 *GEITHNER SAYS S&P MADE `TERRIBLE JUDGMENT'

2011/08/07 22:24:00 *GEITHNER SAYS S&P MADE `TERRIBLE JUDGMENT'

2011/08/07 22:24:00 *GEITHNER SAYS S&P MADE `WRONG CONCLUSION'

2011/08/07 22:25:00 *GEITHNER SAYS CONGRESS `OWNS' U.S. CREDIT RATING

Look at that last statement. I think Timothy Geithner is getting highly delusional. Has anyone watched the documentary "INSIDE JOB"? It is a must buy so you see how Geithner, Paulson, Greenspan and co engineered the global financial crisis.

naijaspeak:
Sad to hear in the news media that Sam Loco Efe is dead. However, I want to say that Sam Loco did not do much to promote the movie industry of his own people the urhobo people and perhaps delta state. He spent all his life time promoting films of easteners. Many deltans want to see him come to delta state and identify with the state. Get a lot of urhobo boys and girls into the film industry. Sam loco fail to do this even though he is in a good position to develop the film industry of delta state.

Most of the film Sam Loco acted was only promoting ibo culture and most of his tribes men especially the average urbobo man would have love to see him support urbobo culture and film. But he failed to do this.

Take for example, Justus Esiri ( an urhobo man ) promoted the film industry in the Niger delta and also supported niger delta development struggle for self determination and development. But I do not see Sam Loco do all this.

So I will say that that detal state did not benefit much from Sam Loco professionalism as far as movie making and the movie industry is concerned.[b][/b]

Sorry to say this to you, but you are probably the biggest dolt on nairaland.

denitro:
I visited Nigeria last 3 months and used my international visa card on an ecobank ATM
(N20,000 X 3)times - my account was debited but I never got the money.
I have filled tons of forms but I haven't been refunded,
This is really bad
N60,000 gone just like that,

You have to get back to the foreign bank that issued your card. I once had an issue when N20,000 was deducted from my Payoneer Mastercard on a GTB ATM. It was not GTB that I went to. I had to report the issue to Payoneer, who got Hellenic Bank in Cyprus to sort it out. I was told it would take 50 days, and on the 50th day on the dot, I got my money back.

Lesson: always be sure that an ATM is paying cash before using it. I usually hang around for someone to first use an ATM before I use it.

Mr man, if you do not have an allocation from the Presidency or Petroleum Minister, forget it.

luckyboy1159:
@kenrino stop posting scam info on net. I am the person that just called you. No site will ever pay you more than 10 dollars pay article. @ porter be careful. Try elance.com

You are an ignorant f.ool, yet you do not know it. I have more than 3 sites paying me $30 an article. That they are not commonly listed does not mean they do not exist. Stop posting your ignorance here and enlarge your knowledge.

Extremely funny that there is so much inferiority complex among other Africans.

Nigerians are the best and a typical Nigerian is ten times smarter than a Ghanaian and South African put together. We know it, they know it and the world knows it.

Oh, and Ghanaian food? The most Bleep.d up stuff u can ever eat. UGGHHHH!

meshpips:
Thanks a bunch bro but please be careful how you use the news report you hear.
Think about the fact that USA outsources most of its product to Asia.
Also think about the words I highlighted in bold "carry trade" . . .
DO YOU EARN POSITIVE SWAP SELLING AUDUSD OR NZDUSD?
Anyway, thanks again for your "advice", very kind hearted of you.
Have a pleasant day.
Meshach.

You cannot compare the gains or loss of an interest rate differential with a move of 100 pips. I know all about swaps, and in fact, if you go to fxstreet.com, they have a calculator that helps you calculate your earnings on a carry trade over time.

The swaps only make sense when you are trading up to 50 to 500 Standard lots like the big dogs do. That is why long term investors factor in swaps into their trades. As far as intra-day traders like me are concerned, swaps are not important.

They only mean that for a short trade on the AUD or NZD, you won't gain $10 per pip on a Standard trade. You will probably gain $8.2 if you have a winning short trade.

So if like I did, I sold the NZDUSD and made 100 pips from it, why would I bother about swaps? Again, I follow the news because it tells what is about to happen. With it, you can make informed decisions. I was also guided by comments by the NZD finance minister:

"intervention is up to the RBNZ" (this was 45 minutes after intervention).

On Friday last week and Tuesday, the same guy had made comments that a Strong Kiwi was of great concern to the NZ govt.

On the strength of these comments and the eventual intervention, what USD pair do you think I should be selling? EURUSD, GBPUSD, or NZDUSD? Look at the performance of the three pairs in the first 3 hours post intervention.

The news is there to guide us. I use it, analyse it and then use it to make rational trades.

meshpips:
My sincere apology to all those that took this call on their live account. 100 - pip loss. I also suggest that we TP @ 1.6262 (price already hit this level) on the GU short. This would yield about 128pip profit. Have a lovely weekend. Meshach.

Your call was defective from the get-go. In an intervention, it is always good to know which currency the central bank is buying with its own currency. In yesterday's move by the BoJ, they sold close to 500billion Yen and bought USD. After the initial intervention, another round of selling was done at 78.35 (don't ask how I know; I have access to some deadly insider news software). This massive flow of USD buying is what has prompted USD strength, especially in the carry trade currencies of the AUD and NZD.

I personally did not trade the USDJPY, but sold the NZDUSD (see my post on this at 3am this morning when the intervention took place). You can see how far south the NZDUSD has moved.

Always understand the fundamentals thoroughly before going technical.

blackgucci:
I hate dem japs, imagine giving more that 200pips back on Ej. Just like that, they make a decision without making noise like the US. Two weeks work. Bloody bloody bloody.

Did you not use a trailing stop? The intervention was massive.

with 100pips to the good, i wish you all a good night.

2011/08/04 02:24:00 BOJ seems to be back in action,

It is 3.05am. I stayed awake. I just had this gut feeling something big would happen tonight and here we are. The BoJ has just sold 300billion Japanese Yen and purchased USD. I am selling the NSDUSD right now as these are the currencies being traded in teh Asian time zone.

2011/08/04 01:37:00 Unilateral Japanese intervention shoots USD/JPY more than a big figure to current highs near 78.40.

2011/08/04 01:18:00 *NODA: JAPAN IN CONTACT WITH OTHER AUTHORITIES ON INTERVENTION

2011/08/04 01:19:00 *JAPAN'S INTERVENTION WAS UNILATERAL, FINANCE CHIEF NODA SAYS

2011/08/04 01:19:00 *NODA DECLINES TO COMMENT ON INTERVENTION AMOUNT

NEWS FLASH!

2011/08/04 01:17:00 *JAPAN INTERVENED IN YEN, NIKKEI SAYS :JAPZ JP

5 kids in 12 years. That is an impressive scoring rate for a man. I am not surprised; his libido is something to behold.

Well, I can confirm to you that the price for selling US dollars is N160 to $1. But this is Abuja price o!

Everyone knows that the road to Abuja that passes through Okene is always waylaid by robbers. Why should people add to that already clear and present danger by travelling at night?

There is nowhere in the bible that women are stopped from wearing trousers. Nowhere whatsoever.

Clothing is a matter of the tradition and fashion. In the times of Jesus, were men wearing trousers? NO! The traditional Jewish dressing for males is a gown with a girdle. If she was asked to put on a trouser in an operating room to prevent infection, should she put her so called religious beliefs (which I contest because I have never seen it anywhere in the bible where women were told not to wear trousers) over the life of her patient?

I did not get your message brother. You have to resend it. Or maybe I will contact you via email.

So what is the nationality of the other "UK most wanted"

2011/08/02 18:08:00 Fitch Maintains AAA Rating On U.S., Calls For Further Action

At last. My internet is now back, just in time to meet Obama signing the debt control act of 2011. This Yen strenght everywhere may start to unwind.

Yes, I am thinking of cracking my modem for universal function. Enough of this rubbish from these guys.

I have tried for 24 hours to update my monthly plan on MTN, to no avail. SO I have been unable to capitalize on the big moves.

That is why everytime they come up with one silly promo, it is like saying to us: "hey you know what, it is ok by us for you to suck our c--k, but open your mouth wider so we can ram it even deeper".

I hate those guys with a passion!

BOMANY:
Do you mean, bought on line and paid by mastercard, or you bought dollar cash!!

Fantastic question. We are talking of buying dollars in cash and as far as I know, it is still at N165 from the mallams' end.

heedabs:
@ stagger thanks yes I read the thread which I really love your exposure on the product, I sent a message to you but unfortnately did not be deliver as the phone was switched off. when and how can I call you for discussion.

I will give you a very brief call tomorrow. Cheers.