A heavy fine and hours of community service would have been more appropriate for this offense. At least the fine wil be revenue to FGN. Now the Govt. will incur expenses to accommodate an extra prisoner in an already congested prison system.

No. 6.
No. 9. should be banned from this forum.

A good one for Senegal. I don't care about old or young. Mine is let the electoral system work.Let the outcome of elections reflect the will of the majority.Let the people have the power to vote-in and vote-out.

The power of social media. However, these are the sacrificial goats. The Govt. should arrest those who ordered these boys to work.

ivolt:
The writer has been fooled. He thinks he can help CBN on a goose chase.

The $26 billion is a figment of Cardoso's imagination.
They needed a scapegoat for the falling Naira and they found
Binance a good spot because some group of idiots kept posting Binance's USDT
rates as the true exchange rate even though we know that USDT is not
dollar and you don't need dollar to buy USDT.

With the fact that Binance has been banned in several western and anti-Chinese
countries, the CBN latched on to it and label the platform the face of evil.

If the CBN believes that Binance determines Naira exchange rate, all it need do is
to push its own agents or make deal with some BDC to register on the platform and
manipulatively sell at the lower "true" rate so those quoting the rate will be forced to adapt or leave.
It could alsoe have secretly pressured Binance to remove or limit the activities of the "manipulators".
Binance did about a million dollar-Naira transactions per day. Imagine if the CBN opened its
own kiosk to generate $1 million USDT at the true rate, the "manipulators", would run out of business
or be forced to sell at the "true" rate.

But the government needed the theatrics, an external scapegoat that people can curse and attack for the bad economy.
It is all showmanship.

In few months, the whole Binance issue will not be mentioned anymore and it will be quietly retired.
We won't get any update about the $26 billion or the owners again after that.

It warms my heart to know that we still have intelligent people like this who can see through the whole chicanery. Binance was just a scapegoat for the real culprits to pass the blame. How most people don't get it is what I don't understand.

Blame Binance . Nonsense and Ingredients.

That everyday and 2wice on Sunday.

This heading is misleading. These are only recommendations for consent.

Well, the strike is slated for 3rd which will be after the broadcast. So yes they will wait.
Also, you don't negotiate by broadcast. You come to the table and discuss.

Very petty. Marry and face your life. She may end up marrying someone more responsible.

When life wants to humble this one, he will give birth to daughters and have sons that don't like women.

We are now in a townhall that's different from...... ....anyway, let me quickly go and make a down payment for roasted corn b4 it is too late.

I am not a fan of this guy's opinions but I agree with him on this one.

Nothing to be excited about. I&E closed at =N=793.70 today. The market is still very volatile. It peaked at over =N=800 last week Friday. Until the supply side liquidity is addressed, any appreciation in NGN will be short lived and not worthy of news.

Yessssssss!!!

femisplash:
Illiterates everywhere, Spanish warship ESPS Vadaz also arrived at Lagos port last month for military ties.

Relax. The concerns so far on this forum are valid. That a Spanish warship was in Nigeria last month does not explain anything. If you are knowledgeable in such matters then help the concerned folks to understand how this is normal because using the terms "Warship and diplomacy" in one sentence is somehow. If the reason for the warship is to explore areas for military cooperation or for knowledge transfer, then that's fine. There should be a more specific reason for a Chinese warship showing up on our seaport than just saying for "diplomatic visit".

Egoat:
Put some resspek on PBAT's name.
The strategist.

In the world of Finance, we prefer to call him PBT.

Thank you.

..NNPC should not be the sole importer. License should be open to other willing players.
..Government must still maintain regulation in quality control to ensure that adulterated fuel is not brought in by importers in the bid to beat competition by cutting cost and increase margins.
..For a level playing field, CBN MUST NOT INTERVENE FOR ANY IMPORTER INCLUDING NNPC. Importers should source for FX wherever they can find and at whatever rate that will sustain their margins.

Bakura, Zamfara state.

You can't judge the context from this short clip. You cut a part from the middle then frame a narrative around it and expect people to react to it. Social media is full of sensationalism.

Samantha124:
I also don't like birthday celebrations and the idea of people posting me on their statuses because I may not even view them.

I feel like going into hiding whenever that day approaches because I really hate being the center of attention..🤦🤦🤦

I thought I was the only one like this.

Someone must have threatened this man and for the first time he is taking the threat very seriously.

In life it is not always about good or bad but about wise or foolish. It may not be bad to you and many others but under that circumstance it may not be a wise thing to do.
Most people are first emotional before rational. In other words, it is how they feel about you first before they consider how smart you are. Even if you are very qualified for the job, you should realise that there are other candidates just as qualified and smart as you are. So among several equally qualified candidates, one major consideration is the employers impression or perception about you. Well in this part of the world, it may be difficult to create a decent perception wearing a leg chain even if you may turnout to be a very decent person.

Chisave:


As i collect 10k from atm yesterday. I just dey chop like weyrey, buy egg roll, buy suya, buy biscuit. Jist dey buy buy. Junks wey i chop yesterday pass the one wey i chop for the past 2 weeks combined

I think we talk too much with no action. We need a rallying point. Where is the NLC and TUC ? Cursing and making noise online will not push anything.
We spend all our energy arguing and fighting over useless elections that produce criminals and neglect serious issues that affect all of us.

FreedomArmy:
So supreme court is now overseeing monetary policies in Nigeria? Wonders shall never end.
The daily limit on withdrawal is actually a good idea. This has drastically reduced kidnapping and other forms of criminal activities in the country.

The Supreme court is not challenging the powers of CBN to create and drive monetary policies.
Please understand that even with the powers CBN has, there are certain monetary policies that the Apex bank cannot take unilaterally without proper consultation with key stakeholders and economic decision makers in the country.
The Supreme court is faulting the recklessness of implementation in that the CBN did not even consult the Council of state, Federal executive Council, National Economic Council e.t.c.

The CBN governor went straight to the President who demonstrated ignorance by signing the policy without demanding that the CBN carry out the necessary consultations.

Hence, the court rebuked Buhari for acting ultra vires and as a DICTATOR. This recklessness on the part of CBN and Buhari created aggrieved parties and represents a breach of fundamental human rights.
That is why the Supreme court insisted that they have a right to hear the case because if the powers you have infringes on human rights and creates aggrieved parties then the court can hear the matter. After all, every power, even the powers of CBN and the President is derived from the Law.

President Buhari has told aggrieved parties in the election to go to court. He must therefore obey the ruling of the Supreme court and compel CBN to do so. He must show that the supreme court can assert itself and must be respected otherwise he has no moral right to tell anyone to seek legal redress. If he fails to obey this order, then nobody will have confidence in the ability of the court to deal with electoral fraud which may lead to extra-judicial alternatives like violent protests. The President must please obey the ruling and compel CBN to do so.

Yes, they should seek legal redress BUT President Buhari is not in a moral position to give this advice since he himself in collusion with the CBN totally disregarded the SUPREME COURT order on the naira redesign. What moral right does he have to advice anyone to go to court when he so brazenly undermined the Highest Court of the land ? Anyway, l hope he obeys the next ruling. Be that as it may, let all aggrieved parties eschew violence, gather irrefutable evidence and head to court.

Some who are not even supporters of Tinubu and APC knew at some point that this policy may end up in Tinubu's favour.
1. Tinubu needed an opportunity to dissociate from Buhari's governance failures. This was the biggest factor that could affect his chances at the polls. The naira redesign policy and fuel scarcity gave him that perfect opportunity and he is using it very well. You can insult Tinubu all you want but you can't call him a Fool when it comes to Politics. Underestimate him at your own risk.
2. Money is a very emotional subject. Whether you like it or not, majority will vote based on emotions rather than logic/common sense. People will now vote on who will give them value for their old notes that they are unable to return to CBN. People will now vote for who will make it easy for them to withdraw their money. In summary, because most people are emotional and think in the short run, they will vote for anyone who can solve their immediate and current problem right now. You may chose to live in denial but this policy will end up giving Tinubu SYMPATHY votes.
3. I believe Atiku and maybe Obi must have realised this. I will urge them not to be very quick in supporting CBN because CBN's motive is still not as clear as we may have been lead to believe . They should only issue statements that takes side with majority of the masses at this point.
Whatever the political motive behind this CBN redesign policy, it can NEVER be because they want Atiku or Obi to win. They have something else in mind which is still not clear at the moment. Atiku or Obi must NEVER take sides for or against CBN. They should only echo what majority of the masses want right now. The time is very short.

Most people are talking about billions stashed away by politicians but your President just said that 2.7 trillion of the old notes representing about 80% has been retrieved by CBN. This means that much of the so called stashed away billions have been returned by these politicians. In fact, these politicians have also collected a large share of the new notes which is partly the reason for the scarcity among ordinary folks like you. Please let's stop fooling ourselves into thinking that it will affect politicians because IT WILL NOT!
See, I am not a Tinubu or APC fan, but this policy summersalt will not affect his chances. In fact, he may still win the election. He can even turn it into a strong campaign point that he will amend the policy if elected and because a lot of people are suffering from this policy they will side with him. Those of us sitting in the comfort of our homes and offices thinking everybody is in support of the policy because it will curb vote buying are in deception. Go out to the streets and find out. The politicians you think may lose out will still win convincingly and at the end this policy misadventure will accomplish nothing but suffering and misery for the ordinary folks.

Honestly the CBN gov. is not providing leadership in this situation and more people are beginning to feel that it is a deliberate ploy to create confusion and chaos. Why can't the CBN release a simple statement stating whether or not it will comply with the supreme court ruling. The Supreme court ruling whether controversial or not is an important turn of events to which the CBN should have responded so that banks and the masses can know what to expect.