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SULBELL's Posts

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Business / Re: What Made The Dollar Fall Over Night? by SULBELL(m): 11:41am On Apr 23
KushLyon:


But this is similar to what forex traders do, will you call them speculators too?

Absolutely sir, Forex traders are speculators its as simple as that.
Business / Re: What Made The Dollar Fall Over Night? by SULBELL(m): 9:41am On Apr 22
Qwertyuiop1:
Please consider this a layman's question.
Last night before I went to bed, at about 11PM I checked dollar to naira rate and it was #1,151/$. Waking up this morning (in less than 7 hours) I checked again and it has plummeted to #1,075/$.

What exactly happened over the night while I was sleeping? I've got like $5K cash and it's reason I've been monitoring the rate even tho I'm absolutely a layman who has no idea what's happening. I only had the money last year and a colleague advised me to convert to dollar and keep which she claimed to be the safest way to retain my money's worth but as it stands, I'm at loss already. What happened please? Or is google not reliable?

It very simple sir. Let me explain as a lay man too.
What you did at bolded is called speculations which many other Nigerian are doing
For example assuming you bought $1 @N1600 then, you will be eager to sell it when you see someone who is willing to buy from you @ N1650, thereby you made an abritage gain of N50 on the volume of $ you bought. This looks very easy right, its like free money, and you don not even have to lift a finger, you just need to punch some keys on your phone grin
Just as you are involve are thousand others too involved, thus the value of the Naira depreciates further. Note that this is profitable for you speculating with the Naira, but it is hurting the nation and millions of Nigerians, A clear example is the skyroketting cost of foodstuffs and electronics, which naturally could have only been marginally affected by the removal of subsidy.

On the flip side, the CBN has cracked down on aiders of such speculations, now there is a bit of sanity, and the Naira is gradually and consistently fighting back, Here what happens is they make the black market rate cheaper so those who hoard $ now will have no choice than to dispose it at a loss. Because I can not see aboki who is ready to sell $ for me @ 1,075, and you expect me to come to you and buy for N1650 because you bought yours for N1600 and we are friends shocked

In simple englis, its the survival of the fittest, while speculators are fighting to make gains from the Naira, the regulators too are fighting to strengteen it, so brother, the fear of uncertainty will make many dispose off the $ they keep, this will further bring down the value against the Naira, thus the reason why the Naira is appretiating.

The decision is yours bro, you can sell it off now and count your loss cool
or with for a miracle that it will somehow magically go toward the 2k mark before ending of May as many have speculated grin

107 Likes 11 Shares

European Football (EPL, UEFA, La Liga) / Re: Manchester City vs Real Madrid: UCL (3 - 4) Penalty On 17th April 2024 by SULBELL(m): 11:39pm On Apr 17
betshopagent:
add in just two seasons. Arteta nearly relegated arsenal in his first season. Has only managed to qualify for ucl after 3seasons. Emily was not given time nor money. Arleta was pampered and he is yet to win EPL or UCL.

The more reason why Emery will continue to take any Arsenal match as a final.
if only he was given more time like Arteta was given

4 Likes

European Football (EPL, UEFA, La Liga) / Re: Manchester City vs Real Madrid: UCL (3 - 4) Penalty On 17th April 2024 by SULBELL(m): 11:25pm On Apr 17
CrossRhodes:

But won nothing at arsenal and finished 5th which arteta hasn't done....

He took them to the Europa final,
How has Arteta been better given the free spending speer.

1 Like

European Football (EPL, UEFA, La Liga) / Re: Manchester City vs Real Madrid: UCL (3 - 4) Penalty On 17th April 2024 by SULBELL(m): 10:45pm On Apr 17
Tranquility2345:


In my opinion, Unai Emery is better than Arteta. Note: in my opinion..

and Unai already proved that.
he beat and showed Arsenal class home and away.

3 Likes

Technology Market / Re: Original Used And New Solar Panels At Unbeatable Prices by SULBELL(m): 5:31pm On Apr 14
Trippledots:
2 units of original tokunbo, Jinko panels 325w/320w available for sale

Both units are going for 150k!!

Both to be sold together please.

Can ship outside Lagos state.

CAn you ship to Kano?
Foreign Affairs / Re: Joel Cauchi: Sydney Mall Stabbing Suspect Identified By Police (Pics) by SULBELL(m): 4:47pm On Apr 14
dominique:
Oh so it's no longer a terrorist attack. It's only after an assailant is identified that we're able to conclude if the attack was terrorist, gang violence or from a depressed individual with mental health issues due to a traumatized childhood.

You nailed it.

Seems you didn't get the memo shocked
Yes we have to be sure of the colour and religion of the assailant before they are properly labelled grin
Thy hypocrite of the West undecided

1 Like

European Football (EPL, UEFA, La Liga) / Re: Arsenal Vs Aston Villa (0 - 2) On 14th April 2024 by SULBELL(m): 4:38pm On Apr 14
Cajal:

No

Place owner


Not if Arsenal wins today.

Liverpool was so disappointing, was hoping the three horse race will at least hold till two or three games to go.

1 Like

European Football (EPL, UEFA, La Liga) / Re: Arsenal Vs Aston Villa (0 - 2) On 14th April 2024 by SULBELL(m): 4:01pm On Apr 14
This is so dicey as Emery is on a mission.
If at all I'm loosing it shouldn't be against arsenal.
Let see how it goes considering the fact that City are already a placeholder at the top of the table

1 Like

Business / Re: Naira Rises By 7.7% As Official Exchange Rate Close At ₦‎1,142/$ by SULBELL(m): 6:14am On Apr 13
The Naira is steadily gaining momentum, many was doubtful and believed it was a hoax initially, well they can't be faulted given the precedent of our leaders.
However, with this continuous gains which has been sustained for over 6weeks, the CBN handlers need recommendation. One will now wonder why and how do we got into that deplorable state where the Naira was on a free fall in the first place.

30 Likes 4 Shares

Computers / Re: Windows 10 Problems And Solutions (official Microsoft Windows 10 links added) by SULBELL(m): 7:45am On Apr 08
Daninya33:
Please who can help me out with concrete information on how to install windows OS on my Chromebook PC?
I don't mind if it is Windows 7,8 or 10.

I am currently using Zorin OS on the PC.
It has its own disadvantage such as lack of audio except you connect with HDMI port.

Some months back, I installed Windows 10 education enterprise Os but it was a trial version and it expired.
Could not get the product key so I ported to Zorin 16.3 OS.
.

Well I saw this late, not sure if you already resolve the issue.

My question is was the sound working when you initially install the win10?

Why I asked is some ChromeOS especially Acer have sound driver issue when cracked, so don't let anyone deceive you of a quick fix because normal windows drivers dont work with it.

1 Like

European Football (EPL, UEFA, La Liga) / Re: Manchester United Vs Liverpool (2 - 2) On 7th April 2024 by SULBELL(m): 6:57pm On Apr 07
Ray07:
Okay prophet AngelFrost cheesy
Time would tell.

its like you are counting City out already, other than Spurs game away, all others seems easy game for them, unlike Arsenal who still have Chelsea, Spurs and Villa
European Football (EPL, UEFA, La Liga) / Re: Manchester United Vs Liverpool (2 - 2) On 7th April 2024 by SULBELL(m): 6:53pm On Apr 07
EnterpriseMan:

We don't want top 4. We just want to make sure you don't win the league grin
No pat my back cheesy we're enemies

You see why bad belle no good grin

we asked you to zip up, you couldn't, anyways we still thank you for a job not well done grin

Any way na to raise your ego, the hope for top 4 don go before now cool

1 Like

Travel / Re: Pelumi Nubi, Driving From London To Lagos, Arrives Nigeria After 68 Days by SULBELL(m): 5:53pm On Apr 07
Energist:


Obviously a barge or ship was used to convey the vehicle. From Spain to Morocco, it's just a short water stretch of about 20km

Wait, you called 20km a short water stretch shocked

you know short water stretch is something someone can just swim across, but 20km shocked shocked
European Football (EPL, UEFA, La Liga) / Re: Manchester United Vs Liverpool (2 - 2) On 7th April 2024 by SULBELL(m): 5:08pm On Apr 07
EnterpriseMan:
Even our enemies that were laughing at us midweek are celebrating. We don't want your celebration Arsenal fans because we will still root for you to lose when you're playing. grin

Be careful what you wish for, we don profess fake love for each other this season, na pat my back (As you are currently doing) make i pat your back. You can't possibly be rooting for Aston villa, and Tottenham against us, as those two depending point brings your top 4 hope alive, so next season we may fight to the death, but as it stand we are unfriendly friends grin

4 Likes

European Football (EPL, UEFA, La Liga) / Re: Manchester United Vs Liverpool (2 - 2) On 7th April 2024 by SULBELL(m): 5:00pm On Apr 07
ManU has always been a show stopper.
You never can predict them,
When you expect them to win, they don't
and when you expect them to loose, they pull surprises.
However, we are all solidly behind you today, just do us a favour and zip up

7 Likes 1 Share

Politics / Re: Jigawa Suspends Aminu Kanta Over 'Mismanagement Of Funds' For Ramadan Feeding by SULBELL(m): 12:53pm On Apr 06
ganye1:
I'm not supporting embezzling money in whatever name. My response is to the person who wants to derail the threat by bringing in issues of sponsorship of hajj and feeding the poor during the Ramadan.

How is that derailing the thread when the topic is boldly on Ramadan feeding fund being mismanaged.
What is the different between my opinion and that of @ Racoon

Let the Government take on their responsibilities for which they are coted for.
Sentimental food sharing in a selected month and selective tourist visa subsidy is sure not part of those functions but rather an avenue to embezzle.
Politics / Re: Jigawa Suspends Aminu Kanta Over 'Mismanagement Of Funds' For Ramadan Feeding by SULBELL(m): 12:45pm On Apr 06
ganye1:
There is always those who do not benifit from government spending. Government builds schools, hospitals, roads etc but it is not everybody that benefits from them.


On the contrary sir, the examples you raised are example of social services which every citizen have equal right to. I may decide to put my child a public school or attend a general hospital, its my right. and i may decide otherwise to go to a private hospital.

This is different from sharing food during fasting, what happen to those who are not fasting, they loose out on that right,
What happened after the fasting period, will they continue the food sharing?
Even during the food sharing will they be going from house to house or it will only be for some selected few.

Same as hajj, those who are not close to those in power automatically loose out, those who don't have the unsubsidized amount will not be ncluded.

1 Like

Foreign Affairs / Re: U.S. Approved More Bombs To Israel On Day Of World Central Kitchen Strikes by SULBELL(m): 12:28pm On Apr 06
FAntabulous shocked

Send them food to feed fat

Blow up the aid workers

then send more weapons to continue the bombardments grin

2 Likes

Politics / Re: Jigawa Suspends Aminu Kanta Over 'Mismanagement Of Funds' For Ramadan Feeding by SULBELL(m): 11:54am On Apr 06
ganye1:

It is the duty of government to do what will make the citizens happy, so if they are happy when a government provides food for those fasting and subsidy for hajj that's none of your business.

But that will be sentimental and unproductive, so what happen to those who will not get the Ramadan food, or in this case where the fund is embezzled by one person?. is it only during Ramadan that people need food?
Then what is the business of Government sponsoring or subsidizing people to hajj which is a private tourist visit when there are many poor and unfed citizen
Crime / Re: Commercial Motorcyclist Nabbed For Killing Wife’s Friend In Ondo by SULBELL(m): 11:48am On Apr 06
post=129290846:


Anywhere You Come In Contact With Terrible Bad News, Please Draw Our Attention To It.

So That, We Will Do The Needful To BAD NEWS

, you becoming so serious with this thing o. shocked

Anywhere is see bad news, na your moniker always come to mind grin

1 Like

Jobs/Vacancies / Re: Need A Female To Share My Apartment With by SULBELL(m): 11:44am On Apr 06
duduade:


So you are sharing with someone already and want to share your own share

I am confused

undecided
Business / Re: Tingo Group (Dozy Mmobuosi) Is A Fraudulent Enterprise by SULBELL(m): 8:10am On Jun 07, 2023
Uniquekriss:
this link is the source from where the OP got his information he pasted here, I didn't see Airtel nor Stanbic

Read it from the source. The links are there. the source has link to every claim it made (though some are screenshots of chat or email correspondents). What I don't agree with is the claim that the company cashflow despite a decrease in receivables goes on to deduct, the question is how do they deduce it's a decline when the balance sheet figure shows an increase (though they got the discrepancy in the figure correct). And to think a member of the Delloite group audited the financial statement lipsrsealed.
Agriculture / Re: Basket Of Tomatoes Now Costs N58,000 by SULBELL(m): 9:36am On May 15, 2023
Wasky101:

Sorry I skipped the part where I boil after blending to get rid of excess water. After boiling you are left with a thick paste

Okay,
Thanks for the info.
Agriculture / Re: Basket Of Tomatoes Now Costs N58,000 by SULBELL(m): 9:35am On May 15, 2023
Gilgil:
Best to sieve with a Muslim cloth bag , like those used for driving ground cassava or pap.

Then collect the thick paste and store in a jar.pour some vegetable oil over it. Then freeze.

Boiling renders the vitamins impotent.


Thanks.

Do you mean just to sieve after blending?
Can others like pepper and bell pepper (rodo and tatashe) be blended together with it before sieving?
Agriculture / Re: Basket Of Tomatoes Now Costs N58,000 by SULBELL(m): 6:51pm On May 13, 2023
staga:


You have to grind the tomatoes, then boil the ground solution over fire to dehydrate it until you are left with the paste. Then store in a deep freezer, not ordinary refrigerator.

If you don't get rid of the water after grinding, the thing will spoil or change taste.

Thank you.

I don't usually bother to dehydrate. now I know where the problem lies. thanks
Agriculture / Re: Basket Of Tomatoes Now Costs N58,000 by SULBELL(m): 6:49pm On May 13, 2023
Wasky101:

When I buy in bulk I blend all. Make some smooth for stew nd some semi rough for suace.
I live in a place where I have 16-20 hrs power everyday. So it is frozen till I need it.
As long as u can make sure your freezer does not defrost it will be fresh whenever you need them.

Thanks for the reply.
I don't know if I did anything wrong, but when the paste was frozen (though I blend it togeter with hot and bell peper) after some weeks of storage the water content increases and after defrosting it was disjointed that it has to be blended again befor it can be used.
Agriculture / Re: Basket Of Tomatoes Now Costs N58,000 by SULBELL(m): 9:36am On May 13, 2023
Wasky101:

What is Nigeria's own in all of this, this is a seasonal vegetable and its out of season. This thing happens every year but u lots fail to plan for it nd quick to shout Nigeria.
I bought 2 baskets for 4k5 from Jos in March.
Tomatoes, pepper, onions cost me 16k plus 6k transportation cost.
I don't have any business with Tomatoes buying till November

Please, how do you preserve the tomatoes to make them last longer and still remain fresh?
The first time I bought a basket and refrigerated it, It got frozen and after defrosting it, the taste and look weren't something I like.
But if left without refrigerating it rotted away in less than a week.

Kindly share the best way to preserve it and still maintain the freshness.

1 Like

Politics / Re: 3 Fake Whistleblowers Remanded To Prison For False Information by SULBELL(m): 9:14am On Mar 20, 2021
What a way to encourage whistle blowing. and what happens to whistle blowers being anonymous and protected. They mean to say whistle blowers are now to play detective rather than act on suspicious activities. God bless my country.
Politics / Re: FEC Approves Bill To Increase Retirement Age And Years Of Service For Teachers by SULBELL(m): 6:12am On Jan 21, 2021
Long awaited.
considering teachers gain more experience as time goes by.
Once a teacher is always a teacher
A good teacher will be ready to teach irrespective of age and not necessarily because of the remuneration but because of the joy derived from impacting in others.

God bless all our teachers, you made us who we are today; without you the world wouldn't have been a better place.

1 Like

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