₦airaland Forum

MIKOLOWISKA:
Mugabe gave land to lazy former fighters who don't know how to manage agric business

USA didn't do Nada

And those "freedom fighters" built hotels on former farm lands

others mismanaged their own
etc

Mugabe kiilled his country himself

MIKOLOWISKA:
Venezuela is suffering cos they were sharing oil money and made their ppl lazy so nobody producing anything
So sanctions very effective in such country

You are right
Iran survived sanctions for a decade

vivaciousvivi:
I replayed the vid over and over again.
His secret service men are quite reactive o. You go fear loyalty!
That tall one with an umbrella damned the consequences and was deeply surveying the area without fear.
The President is hugely unpopular both to the citizens, major opposition party and neigbouring countries.
He single-handedly destroyed the Venezuelan economy.
Somewhere Mugabe will be saying "shebi I told u I could never have been the worst president that ever liveth"

Bad management skills

kitaatita:
Venezuela owns majority stake in Citgo Refining in the USA. Citgo's three refineries have combined capacity to refine 749, 000 barrels a day with an output of more than 64 million liters. Venezuela's welfare economics under Hugo Chavez helped speed up the plunge. It is largely mismanagement. Unfortunately, largely unproductive Nigerian population still prefer the unsustainable bazaar of the past administrations

na you dey talk sense jare

The socialist structure of Venezuela killed them

drakeli:
You are talking about people being homeless in California thereby the reason why California being economically strong is a scam.

First of all, tell me where you live before I school you on reasons why there are many homeless people in the US. I live in the US, I have volunteered and worked with the homeless. I think I know more than you do about why they are homeless and the cause of their homeless.

US is still the greatest economy in the world. You think only people from the third world countries come to the US to hustle? Come here and see so many Russians and Chinese hustling here like Africans. You don’t see Americans hustling on the streets of Russia and China like that.

If Russia and China economy and currencies are so strong and greater , I don’t know why their citizens are hustling on the streets of America.

don't mind the guy jare

Empiree:
Their money was attacked by the big Bank. They do that if a country is in opposition to their imperial agenda. Recall Hugo Chávez their former president.

Now they are attacking Iran economy. Nigeria plays hide and seek to avoid damage control. Otherwise you would have to load 30bags of Ghana-Must-Go by now to buy pure water

when you know powers that be can ruin your country

You have to play safe

That's what stupid leaders don't get


Until your legs are very strong

don't go into all out confrontation with the U.S.



When you are in the league of China/Iran/Russia


Then you can try

LordAdam16:
Things are scarce. There was a period in 2016 where there was no toilet roll in the entire country. Parents withdraw their kids from their free schools to stand in line to buy essential necessities. Then don't forget there's virtually no security. Gang members even steal free foodstuff sent to public schools for children. They even raid government establishments. Caracas is by some estimates the current murder capital of the world. And that's the capital of the country.

Then the price control regime makes things worse. Like the nonsense Buhari wanted to do during the recession where he intended to fix prices for goods and force traders to sell at that price. Except that never works anywhere, so most things are mainly in the black market (a lot like our recent dollar crisis). You can't just walk into a mall and shop for stuff.

We are lucky the oil price picked up when it did, if not, that id*ot in Aso Rock would have sent us tumbling down.

-Lord

that's what this sai babarian fools don't understand

Buhari was this close to ruining this country


Have we forgotten so quickly how 2016 was?

ogbonti:
This is a lesson for SOWORE, who is busy touting N100k minimum wage. It's not about the quantity or amount you pay as wages but the purchasing power of that currency you are paying the wages with. I know his disciples are waiting for me to give him ideas, lai lai, I paid a lot to get my US MBA, I won't offer free advise relating to these issues here on naira land. If you need consultancy services, PM me!

no mind that guy

as if udoji wage policy has not wounded this country before.

Increasing wages astronomically like that will Bleep shit up for us all

emmanuelpopson:
This is what happen when a country depends on only one source of income for its foreign exchange.. OIL..
they were smiling to the banks when oil prices were at its peak and they never save for these scourge of famine and economic recesssion...
Nigeria should learn from them as once buoyant economy may swing down anytime if the right things aren't done... build infrastructures,develop technologies, innovate and create an enabling environment for start ups...

naa

what finished Venezuela was their socialist policies

bankylan:
See misinformation. What dollar are u ditching. Talk to bankers who treat Form M and Form A every week. If at all Yuan us used for all transactions with China, same factors that drove dollars high relative to naira will drive yuan up.......Inflation rate is not a direct effects of Fx rate.

no mind that guy jare

Dudeweedlmao:
This would have been Nigeria's case if not for Buhari.

I knew one dimwit will come out to say this

haibe:
ICAN recently introduced CBEs too which will commence soon; to be honest ICAN is improving.

they are improving because of the stiff competition.

NnamdiEducamia:
It's possible Bro. The weaker our currency is relative to other currencies, FDI is bound to increase because foreign investors want to take advantage of our weak currency!

but with the uncertain investment and political climate


Investments will not flow in as it should

phemmyfour:
The whole assignments is in a page and he wants a summary of 2 pages. How s that possible

You understand English don't you?

he said AT MOST!

Coolcash1:
Patiently waiting for these prices.....

coolscott:
I think it disrespects the legacies of folks like Awolowo and Tai Solarin to compare them Tinubu with them.

I think so too

Votukpa:
My, My, My

It must be night time in Nigeria.
Look at all these Niggers!!

No one could so much as write an intelligent post or ask a thoughtful question about this significant stock market movement. Someone was smart enough to FP it and all you NIGGERS could do is post lame asss, ignorant comments.

Do u not know that the Nigerian stock market is a literal goldmine? Even foreigners are making money out of it. The information that was FPd could get any of you all started on building wealth in the NSE but no one gives 2 kobos about it. Worse, no one is asking.

For those of you who got discouraged because of the losses you recorded in the past, I sympathize with you. I urge you to get an education on basic market economics and security analysis. This will get you started and boost your confidence. Draw lessons and educate yourself instead of giving up.

For instance. This move the OP reported is basically saying that overall stock prices have temporarily dropped. This was because MANY investors sold off some of their holdings at the same time in a trading day. One could conjecture that they needed money ahead of the public holidays, seeing that it happened just a day before the break. What does this mean?? Prices are comparatively lower than before!! The implication here is that- NOW is the time to look for stocks to buy, especially good stocks that were trading higher initially. To accumulate wealth in the Nigerian stock market is an exercise in patience and savvy. You can start with as low as 10k.

Don't blow ur small money on broke and entitled girls.
Don't blow ur small money on useless apparels and accessories.
Don't be a a financial illiterate.
Get an education in Finance. Get smart, Become financially literate and take action.

There are many FREE books online. Google is your friend.

no mind them o

btw if you love yourselves, just stay away from the mkt till say dec /jan

That time every damn thing will be on sale

You will get good stock bargains then

just an advice tho

shogz89:
acca in America,, are you joking.,, do you think USA use IFRS... you better educate yourself it is either u are a CPA holder in US or forget it, they are rule based not principle based like all other accounting bodies you hear

You no see as I dey laugh the guy

America that still uses GAAP.

Hopebringer:
Learn to read and.comorehend

It is known that California State Board *may* accept some ACCA coursework as part of the educational requirements. Because the ACCA syllabus has changed over the years, you may or may not have your ACCA courses counted depending on when you took the ACCA exam. The only way to find out is to get a credential evaluation report.

Look at this guy

Dollabiz:
Do people still trade stock

Yes of course
If your motives and strategy is right, you would make it in the market

Maket:
I have given my shares in Daar communication and defunct intercontinental bank as TITHE TO THE government. Over 20 years of investment nothing to show.

Sorry bro/sis

You made wrong stock picks, that's all


Imagine if you picked dangote cement, Gtbank or even zenith

You would not have regretted it

blowjohn:
Davido doesn't 'go to work' like the other guys in their twenties. He goes on tour.

And tour is not work?

my guy

Hopebringer:
You said nothing

I asked a simple question, why didn't you get an ACCA degree?

Was it too hard?

I know a friend who has passed all three stages now that is an impressive feat she runs a small aduit firm in America after a career in Access bank she is below 35

Now I hope you don't stop dreaming

Learn to dream big and go for it.
At you comment about me being a marketer I take that as a compliment, I actually started my career over 10 years ago in insurance sales and today the rest is history .

All I can say is ACCA will change your life better be wise

I know all your bosses in I CAN at idowu Taylor there be careful.

I even know those who moved to SAGE . Need I say more ?

are you sure of what you are saying

Acca in America?

CPA is what rules there

I'm not saying you are lying, what I'm saying is that I don't believe you
(well except she has her CPA on a low and did not tell you)
ACCA in America

I don laugh tire for this thread o


From a simple question, the thing degenerated into an ICAM vs acca contest in typical Nigerian fashion

gurujoe:
'Education' in Africa as a whole is total 'rubbish'.



It can be equate with 'faith' without 'work'

the education is messed up intentionally

You think the political elite don't know what they are doing?

Acidosis:
Why do you (guys) care and worry so much about what some girls say?

This is the main question every sensible guy should ask himself

nzeobi:
Bro it's obvious you are not into the system so you won't know what they are used for.
FYI I have a contact already just that I want to make comparisons via price

It is obvious I am not into the system

I laugh!


Good luck witg trying to get the passport o; D

EVILFOREST:
All they do is to relocate their families, then turn back to face the country with alacrity.
They surround themselves with the few security operatives available in this country.
For how long will all these rubbish last especially now that there are no plans underway to curb this malignant menace and the population is growing virally.....??

Should everyone be advised to hire the services of the police force personally....?
Most Expensive primary schools are now heavily guarded.
Because if they fail to get you, your kids won’t escape such.
Then when kids grow into adults, they are relocated abroad immediately.

We are FINISHED

Just like one documentary "Lagos to London" Nigeria's new super rich or something like that.

that documentary featured otedola sisters and mbadiwe brothers

they are all in London enjoying life


What struck me in that documentary is that in the Lagos leg of the interview, She was talking of how she is suffocated (bulket proof cars, security following you everywhere and you are not free)

That she prefers London

that was di cuppy talking.


That thing struck me.

They are not free to move about in Nigeria because of the deeds of their fathers And the gebrtsl fear of kidnap et al


Check out the documentary on YouTube


The elite live in fear in Nigeria.
The ones that stole and the one that didmt

nzeobi:
please does anyone have legit contact for Ghana or ivorian passport.

gh /civ no be like naija

You cannot get the passport just like that


You might have stood a chance if you could speak the language (in Ghana twi) like a native and you lived there for some years
But they will still ask you for some documentations, which you don t have

For CIV, if you don t have an identity card and can speak French, just forget about getting the passport


Why will you even want to take their passport?

What difference will it make?

EVILFOREST:
RIP Rivers State.
For how long will security men keep protecting the wealthy and politicians because things are fast getting out of hand.
More youths are fast losing it, developing reprobate mindset due to Joblessness. Nothing occupies the youths anymore, except SOCCER and Religious activities. Population is fast growing, more especially with anger and hopelessness.
NIGERIA is in trouble
A popular saying in the US states that “when u feed a man, a bullet is saved”.

Most politicians send their kids abroad while they remain here to confront issues after being heavily guarded by security operatives.
They think the 300,000 policemen in Nigeria would always manage any form of crisis.
These security operatives are less privileged, no reasonable welfare packages, despite meagre pay, putting their lives at risk.
I blame Security operatives who escort these wicked politicians, smiling at the back of vans when their kids writhe in pains of becoming academic dropouts while their wives are being widowed exponentially.

Take a panoramic view of some police and military barracks. A big eyesore.
I feel for their families.
RIP

it's a big shame really


Population growth rate is scary



And jobless youths are increasing by he day

And the govt is doing nothing about it


If things don't change, the catastrophic consequence will consume the country

Burger01:
^^^

Lol. Chinese food na nonsense. I had some Chinese meals in New York, believe me, I threw everything away...tasted more like sugarcane. No food is spicy here. I cook my spicy food at home with real naija ata gungun or some red pepper you get from stores like 'Compare'.

You can't call food from another culture "nonsense"

It's rude distasteful and wrong

You are not accustomed to the food (like most black folks)

that does not mean the food is rubbish

greyham:
This is terrible bro
Typical crab mentality that keeps Africa in the dark ages.

I tell you mehn
black man no like the progress of his fellow black man.
It's the curse that most of our pple carry