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Nairaland Forum / TUANKU's Profile / TUANKU's Posts
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Foreign Affairs / Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by TUANKU(m): 8:29pm On Apr 05 |
MichaelSokoto:Clifford Orji...Ask your CBN Governor that question. |
Foreign Affairs / Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by TUANKU(m): 8:26pm On Apr 05 |
DeepSight:I just mentioned few currencies backed by commodities, yes the gold standard is gone but currencies are still backed by commodities like gold and others. Take away the gold at fort know and see if the value of the US dollar remains the same. Again you are really a dork. 1 Like 1 Share |
Education / Re: UNIJOS Student Abdulsalam Idris Beaten To Death By Course Mates Over N30k Bribe by TUANKU(m): 8:22pm On Apr 05 |
Cantonese:Don't be surprised if the culprits go back to complete their studies and end up as medical doctors...anything negative you think is not possible is not only possible here but already happened in Nigeria. 3 Likes |
Celebrities / Re: Court Reserves Bobrisky’s Judgment Till April 9 by TUANKU(m): 8:01pm On Apr 05 |
Bar1941: |
Foreign Affairs / Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by TUANKU(m): 7:46pm On Apr 05 |
DeepSight:What is false you dork? |
Foreign Affairs / Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by TUANKU(m): 7:22pm On Apr 05 |
richeeyo:Sorry Einstein i have no idea about commodity correlated currencies. That the gold standard is gone does not mean commodities like gold and iron are not used to back currencies. It happens in Australia, Norway, Colombia, Canada...you can go check it out Einstein What a dork you are. 2 Likes 1 Share |
Foreign Affairs / Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by TUANKU(m): 7:19pm On Apr 05 |
DeepSight:Commodity correlated currencies. There are plenty of examples of countries where their wealth and currencies are able to be tracked and correlated to a specific commodity or multiple commodities. The value of the Australian dollar despite not being backed by their commodity asset (Iron) officially, it still has a significant effect on their currency. Many countries have a currency that is closely linked to oil with currency and economic fluctuations coinciding with oil price changes and availability. These include large economies such as Canada, Russia, Columbia and Norway. These are all large exporters of oil, a commodity with a high value in today’s world that relies upon it as a resource. There are no currencies that are backed directly by gold. However, this doesn’t mean that gold or other commodities are irrelevant to their economy or currency. The Zimbabwe ZiG is backed by both gold and foreign currencies. 3 Likes 2 Shares |
Politics / Re: Police And Shiite Clashes In Kaduna Result In Casualties (video) by TUANKU(m): 6:36pm On Apr 05 |
SamuelAnyawu:Al-Jamaa Al-Islamiya is actively in bed with Hezbollah and controls some leadership positions. |
Islam for Muslims / Re: Can Someone From The North Explain The Conflicts With Shiites? by TUANKU(m): 6:30pm On Apr 05 |
It's an age old conflict which resulted from the dispute of whom to take over leadership after the death of Prophet Mohammad PBUH. The prophet had settled for Ali (the youngest among them) while alive but the elders change am for Ali when the prophet passed on and since then the dispute started. Shia Muslims insisted on Ali but where outnumbered by the Sunnis. Just so you know...Al-Qaeda,ISIS,Boko Haram,Al-Shabab, Bandits in Nigeria etc are all Sunni groups and have engaged in the killing of Shia Muslims. All these Sunni Ekuke getting mad go ask your parents to tell you the truth or better still do a unbiased research. You lot just recite Arabic without knowing shit about what you recite. Dan Banza! 146 Likes 14 Shares |
Foreign Affairs / Re: Zimbabwe Drops 'battered' Dollar, Introduces Gold-backed 'ZIG' Currency by TUANKU(m): 6:11pm On Apr 05 |
richeeyo:Many currencies are backed by gold...and it did not lead to civil war. NL Einsteins...The gold standard was dropped, there are no currencies that are backed OFFICIALLY by gold anymore since Switzerland in year 2000. However, this doesn’t mean that gold or other commodities are irrelevant to their economy or currency. There are plenty of examples of countries where their wealth and currencies are able to be tracked and correlated to a specific commodity or multiple commodities. For example, The Australian Dollar is sensitive to changes in iron prices as they are the largest exporter of iron worldwide. Many countries have a currency that is closely linked to oil with currency and economic fluctuations coinciding with oil price changes and availability. These include large economies such as Canada, Russia, Columbia and Norway. There is correlation between commodity and currency...they have an effect on a currency that can be seen and tracked even when they are not directly backed by these commodities. The Zimbabwe ZiG is backed by both gold and foreign currencies. 157 Likes 9 Shares |
Autos / Re: This SUV Was Bought Brand New 2021 @ 7m by TUANKU(m): 6:08pm On Apr 05 |
10 year old Nigerian used you mean? |
Politics / Re: Police And Shiite Clashes In Kaduna Result In Casualties (video) by TUANKU(m): 6:05pm On Apr 05 |
Sunni vs Shia... this na family issue disguised as protest. 3 Likes |
Politics / Re: Police And Shiite Clashes In Kaduna Result In Casualties (video) by TUANKU(m): 6:04pm On Apr 05 |
muyico:Al-Qaeda, Hamas, Hezbollah, ISIS, Al-Shabab, Boko Haram etc are all Sunni terrorist groups, don't let the Sunnis fool you. 9 Likes 1 Share |
Politics / Re: Electricity In KWH & Minimum Wage In Nigeria, South Africa & Calgary, Canada by TUANKU(m): 6:02pm On Apr 05 |
descarado:They even offered me the same package if am willing to pay them monthly. They gave me a phone number to call whenever am ready to go rogue |
Politics / Re: Political Class, Police Officers, Allowed To Spray Naira, But Not Bobrisky by TUANKU(m): 6:00pm On Apr 05 |
DMerciful:Did he commit an offense or not? Forget the timing. |
Politics / Re: When The Borrowers Are Fatter Than The Lenders by TUANKU(m): 5:59pm On Apr 05 |
Bunch of clowns in suits. |
Politics / Re: Plateau APC Frown At Selective Inauguration Of 9 Out Of 16 Assembly Members by TUANKU(m): 5:58pm On Apr 05 |
BAATH PARTY |
Autos / Re: Lexus Gs300 07 by TUANKU(m): 5:56pm On Apr 05 |
Dmaxplus: |
Travel / Re: Wike Tours Abuja Metroline, Says Project Will Be Ready For Use In May (PHOTOS) by TUANKU(m): 5:55pm On Apr 05 |
Nice one. 6 Likes |
Celebrities / Re: Davido Purchases Bombardier 7500 Jet - Cubana Chiefpriest Hails Him by TUANKU(m): 5:46pm On Apr 05 |
Audio! 75 million dollars? How much you worth? 3 Likes |
Celebrities / Re: Davido Purchases Bombardier 7500 Jet - Cubana Chiefpriest Hails Him by TUANKU(m): 5:46pm On Apr 05 |
ellalina:The difference na the size of their tummy else both are ignorant ass-lickers. 2 Likes |
Celebrities / Re: Court Reserves Bobrisky’s Judgment Till April 9 by TUANKU(m): 5:43pm On Apr 05 |
okoroemeka:but he is used to pillow-biting already |
Politics / Re: Political Class, Police Officers, Allowed To Spray Naira, But Not Bobrisky by TUANKU(m): 5:42pm On Apr 05 |
DMerciful:How is it selective justice? Is he the first to be prosecuted for same offense? Why are you mad really? |
Foreign Affairs / Re: Massive 4.8 Earthquake Hits New York by TUANKU(m): 5:41pm On Apr 05 |
Righteousness2:Earthquakes have been happening in these areas even when US supported Israel you sicko. 4 Likes 1 Share |
Politics / Re: Massive Protest In Abuja As Shi'ites Hold Rally In Support Of Palestine by TUANKU(m): 5:17pm On Apr 05 |
Don't worry...soon the Sunni dominated security forces in the police and army will start shooting them as usual. |
Politics / Re: Political Class, Police Officers, Allowed To Spray Naira, But Not Bobrisky by TUANKU(m): 5:15pm On Apr 05 |
DMerciful:How did you come to that conclusion? That's what you small brain told you? All politicians can hang i don't care including all pillow-bitters and their supporters. One wonders why you're mad or are you a digger? Banza! |
Politics / Re: Electricity In KWH & Minimum Wage In Nigeria, South Africa & Calgary, Canada by TUANKU(m): 5:13pm On Apr 05 |
Kobicove:"Nigerians are inherently corrupt" ...nothing but the truth. |
Politics / Re: Aisha Yesufu, Ahmad Clash Over Kano Govt Ban On Crossdressin In Movies by TUANKU(m): 3:59pm On Apr 05 |
I side with Bashir on this one. |
Politics / Re: Electricity In KWH & Minimum Wage In Nigeria, South Africa & Calgary, Canada by TUANKU(m): 3:56pm On Apr 05 |
AEDC staff dey collect 15k for bypass monthly, i witnessed it when i visited one estate in Lokogoma. 13 Likes 2 Shares |
Politics / Re: NERC Fines AEDC ₦200 Million For Violation Of The New Tariff by TUANKU(m): 3:51pm On Apr 05 |
Kukutente23:Well said. |
Politics / Re: Labour Party's Edo Gov Ticket In Jeopardy Due To Running Mate's False Birth Info by TUANKU(m): 3:32pm On Apr 05 |
We Nigerians without a criminal record we no plenty aii. 1 Like |
Politics / Re: EKEDP Chairman, Otubu Accused Of Covering-Up Of Multi-Million Naira Fraud by TUANKU(m): 3:28pm On Apr 05 |
3ice9ce:AEDC? Dey play. |
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