garfield1:
Another blow to PDP in Edo.Okpebholo is coming very fast

oga we have seen this strategy. efore, even during obasekis second tenure election some of his family members were paid to decamp, not new.

Adakintroy:



By Nigeria we mean Lagos. Whatever the findings in Lagos can safely be generalize to the rest of Nigeria.

not true, different states have different policies towards Keke napep, this needs to be taken into consideration in the research.

Tflex01:


Because he's the one mentioning production even though he has nothing upstairs just like his supporters and he wouldn't have been able to achieve anything.

is production not the right step for any economy desirous of growth? without production everything this administration is doing is just window dressing.

kosiebe:

I swear i don't understand them oo. Very useless bunch of human beings

oga people wishing the country bad ( assuming u are right, and they are not reacting to the bad leadership) has nothing to do with the progress or otherwise of the country, rather good leadership and sound economic policies is what will propell the country to greater heights. what any group of people wish or think is not responsible for our economic woes.

Tflex01:


So your Obi would have turned Nigeria to production country out of the blues within a year?

😂

where did u hear any mention of obi? u people keep daydreaming of obi even onatters that do not have a direct bearing on him.

Goodvibes007:
The Nigerian reporter of the article should also explain why there is a convergence between the parallel and official markets.

Ps




It was written by a Nigerian for Bloomberg Africa. There are two of them that usually write for Bloomberg Africa. Anthony Osae and Emele Onu. Onu is a Peter Obi supporter. I can't say for Osae.

so the facts in the article are wrong? why not present your own facts. did the foreign x reserve decline by the percentage stayed in the article within said period or not? if it is a fact that the fx reserve did indeed decline that much then the article is valid. do u think Bloomberg is one of your oluwole press outfit, without an editorial team that properly checks articles before pushing them out?

jmoore:
CBN should increase interest rates again. Textbook economics in the mud.

don't mind our leaders, increasing interest rates without increase in production does not check inflation, simple law of demand and supply.

SoNature:
I don't like Reno Omokri but you can't judge him based on the sins/wrongdoings of his brother. The guy who committed the offense is an adult, so dragging Reno Omokri into it is just to gain cheap popularity.

they are not judging him for his brother:s crime, they are calling him out for using his influence to shield his brother and truncate Justice, learn to comprehend.

nairalanda1:


People who owned Peugeot 504 Or 505 or beetles or any type of car BACK THEN were either 1) rich 2) got a car loan from their place of work, which HAD TO BE PAID BACK.

back then cars were bought brand new, there were no tokunbo cars flooding the market like we have today. 504 and 505 cars were bought new from pan dealership. I bet if we only had new cars today, only a fraction of the people who currently drive cara will be able to afford them.

obedience4:
When the war started Ukraine a country with the highest numbers of Jews in Europe, whose president is also Jewish, ask Isreal for weapons it refuse now Russia has turn against them

No body should be surprise, there is no different between the Iran and Russia two countries run by m@d men

Just a pity that a once mighty country like Russia has now become coward to Iran because of the inadequacies of its defence industry
Cheap drones and shells have turn Russia into a puppet

technically Russia did not turn against isreal, she only said she will not condemn Iranian attack, if Russian were to turn against isreal, she will supply Iran with missiles that are capable of evading isreali air defence.

Eriokanmi:
Oshio baba couldn't allow him there. Oshio baba is his father in politics in his LG. If not the party he belongs, I respect oshiomohle any day. They love him so much in that LG.

so why do some people keep saying he helped obaseki to win his second term, where did he deliver the votes from

Eriokanmi:
Obaseki is fighting his last battle. SMH! Shaibu is a grassroots politician who was instrumental to obaseki's comeback. Hope he doesn't regret this

shuabu that could not even win his own local government help obaseki to come back? how?

Chukwuka319:
The impeachment of the former Edo deputy governor is only just a first step in scuttling his gubernatorial ambitions,by his political foes.
Now they have successfully booted him out,they will now begin to mount a serious smear campaign against him,based on the allegations of revealing state secrets,to totally wipe out his credibility and eligibility as a potential governor.

did shuabu get any party ticket to contest election? he is not in the race.

Tflex01:
Kadiri, another Yoruba name.

God bless my old Biology teacher Mr Kadiri.

kadiri is an Arabic name borne by Muslims.

I like the fact that isreal has not specified what their response will be, Iran mind no go touch ground.

them must collect woto woto.

yommen:


Yes.. but how has PDP 16 year rule helped you actually?

how has apcs 8+ years at the federal level helped u?

nairavsdollars:
Where is the Oba?

the oba was not even there in person, he sent a representative, this is just pure propaganda.

jibrilELsudan:

ODE

mumu

jibrilELsudan:
ISRAEL IS REALLY VERY STUPID TO THINK THAT THIS THEIR IRON DOME WILL FOREVER PROTECT THEM AND NOTHING CAN PASS THRU

ALL IT TAKES IS FOR IRAN....HAMAS....HOUTHIS..LEBANON...
SYRIA...HISBOLAH...ETC TO SEND A COORDINATED BARAGE OF MISSILES AT ONCE AND ALL YOU FLAT BRAINS WILL WATCH IN DISBELIEF HOW ISRAEL WILL BE WIPED OFF THE FACE OF THIS PLANET

and while they are sending this barrage, isreal will seat down and be looking at them?

seunny4lif:
Iran 3 : 1 Isreali
Mad respect for Iran abeg
Some people might said Iran did not kill any Isreali military personnel, but Iran hitting Isreali from home is a new thing.
Iran talked and did it, that’s the main point.

Never did even USA military think Iran can do it.
Isreali have been killing Iranian military men in Syria but hitting that embassy was a red line.
Russia have been hitting Ukraine but never any of the embassies located in Ukraine because embassy represent a country.

If not for Jordan, USA and UK that help Isreal overcome those Iranian drones and missiles, Isreali this morning would have look like Syria.
The USA and her allies spent over 500M dollars defending Isreal against Iran drones and missiles last night.

Let’s see what Isreali will do because if they can’t hit Iran back then the world will know that Isreali military are only great against defenceless enemies like Hamas and Syria that have been at war for over 10 years, making it too weak to fight against Israel.

Modified:- some of you carry Isreali matter for head past the Israelites themselves.
Isreal, Saudi and Iran don’t care about you especially Africans.

All that matters is that Iran show some balls by launching drones and missiles on Isreali from Iran not Syria.
Let’s see if Isreali can do the same.

oga all Iranian drones and missiles were knocked out of the air and vey little damage was done, no life was lost, is that what u are hailing Iran for? if this is their much talked about response, it is very weak.

herkeem:
Say no to war..... To the war mongers on this forum know that a war between Israel and Iran would have a devastating impact on the African continent more than it would to the developed world.

what effect would it have on Africa?

DeepSight:


And so what. Who told you the top banks will have an issue with that.

Opay has almost zero assets not to talk about investments and securities. Forget it, there is no comparison. It can never be the top financial institution in Nigeria no matter how much they pay you to say so online.

facts don't lie oga 400 million in dollars of far more liquid capital than any bank in Nigeria has. and yes, since u mentioned it many of our banks are having problems raising the capital, that is y many are considering mergers.

DeepSight:


I have no doubt, but it can't be the number one financial institution in Nigeria by ANY valuation.

ANY.

https://www.google.com/url?q=https://techcrunch.com/2021/08/23/african-fintech-opay-valued-at-2b-in-softbank-vision-fund-2-led-400m-funding/&sa=U&ved=2ahUKEwjm6LKl7b-FAxWHhv0HHegWDqcQFnoECAIQAg&usg=AOvVaw0pEuQ43ICt8apgZG_fkqQ1

400 million dollars is more that what cbn is asking commercial banks to raise in the bank recapitulation newly introduced by the cbn

DeepSight:
Nice how fast the transfers are, but this thread is no doubt just a creation from their marketing department.

do u know how much opay has raised from investors as a business, do u know the venture capitalists backing opay?

https://www.google.com/url?q=https://techcrunch.com/2021/08/23/african-fintech-opay-valued-at-2b-in-softbank-vision-fund-2-led-400m-funding/&sa=U&ved=2ahUKEwjm6LKl7b-FAxWHhv0HHegWDqcQFnoECAIQAg&usg=AOvVaw0pEuQ43ICt8apgZG_fkqQ1

400 million dollars is more than what banks are required to raise in their new recapitulation by the central bank.

jiz:
Opay is low budget bank and cannot be in the class of Access and Zenith. Only the greedy dey use opay wetin be opay without fast interest, zero transfer and awuf airtime and data bonus.
Can you put your lifesaving on Opay?

your lifesaving should not be in any bank, it should be in an investment portfolio.

gigabyte13:
Wahalaaaaaa don dey ooooo
Opay keh
Opay of yesterday....
Shame
Shame
Shame to all those everywhere, every corner bank...
But Sterling bank no dey oooooooooooo
Shey l no go go comot my money from there so.....

that shows the level of poor service delivery by our offline commercial banks. it is the advent of online banking that is making some of them buckle up, that is why many are secretly fighting opay by not allowing transfer to opay account.

Tradepunter2:
All these useless paid opay agent up there..... You think serious biznes minded people use opay? You must be daft..... Keep fooling yourselves

opay does not have a full commercial banking licence, hence there is a limit to the kind of banking services it can render.

MichaelSokoto:

eh, because u saw dem invoking ayelala gods to guide & protect dem!

Bros shift comot 4rm internet mek I nor blast u!

if ur iq is not low, common sense should have told u that people usually don't do those things openly, but again...

MichaelSokoto:
so dem Arnold, Sly, Dolph. Jackie e.t.c dey always perform rituals b4 acting?

and how do u know they don't?

LegendHero:


Oga, dollar to naira rate cannot be constant for 16 years straight in a country like Nigeria. Stop setting too much high expectation.

We need to produce at a rate not seen before to be even able to go head to head with the USD. Or maybe we should defend the naira with all the resources we have to keep it down to make you happy.

At some point, naira had more value than $$ until it started the downward trend. PDP almost did 8x increase.

APC and it's supporters like u did not realize this when u used it to campaign against pdp in 2015, now that u cannot even match performance of pdp u are coming u with all kinds of excuses.

oluwaseunamos33:
I was there live. I'm the one with white top

what denomination organised this?

adenigga:





Source: https://punchng.com/Border-reopening-will-cripple-Nigeria’s-economy-Rep-warns

these fiols drive foreign cars, consume foreign goods but keep preaching about local manufacturing and consumption.