₦airaland Forum

Pistotita:
Double digits for.the economy is a bad signal. But can be rewarding for traders. In fact, it is good for the buyers....but terrible for Nigeria. US treasury which is regarded as one of the best in the world is not even up to 7%. And investors pump in billions of dollars there cos it is the most assured paper investment in the world. You.cannot lose.

U.s treasury bonds are merely 1 percent

rastamouse:
However if you are a business, this is a good news. When the treasury bills rates go down, banks turn to borrowers. If the rates are high, the banks prefer to invest in those bills.

Hope I explained something

Will this cause the interest rate for fixed deposit accounts to increase ?

rastamouse:
For those asking whether its good or bad, it depends where you are. If you bought some of the bills, its a bad news for you.

When you buy t- bills at a specific interest rate , aren't they supposed to give you your money at that same rate irregardless of whether later on the interest rate changes.

Leadafrica:
After so many people were enticed and they invested, now you bring the rates down, issorait

Higher demand on treasury bills , causes interest rate to fall.

ornicus:
Crap. The train is coming to an end . Just as I was getting on board

I swear

VicThory:
Is it for good or bad?



I don't understand


lalasticlala


mynd44

Bad news for investors , good news for government.

KoiceReloaded:
Who told you Netflix have better movies? Netflix original films are synonymous with mediocrity. Sure, Netflix have more movies in their archives, but 80% of those are not theirs, but a lease from the real owners.

Unlike Netflix, Disney have several films of quality, and tremendous resources at their disposal to make more. Believe me, once Disney+ goes full strength, folks will be tripping over themselves to subscribe. At the end of the day, Netflix will be lucky to retain half of their subscribers.

Do you think Disney will stream non- Disney movies ?

mariga:
Dinner time

Nice

KoiceReloaded:
Who told you Netflix have better movies? Netflix original films are synonymous with mediocrity. Sure, Netflix have more movies in their archives, but 80% of those are not really theirs, but a lease from the real owners.

Unlike Netflix, Disney have several films of quality, and tremendous resources at their disposal to make more. Believe me, once Disney+ goes full strength, folks will be tripping over themselves to subscribe. At the end of the day, Netflix be lucky to retain half of their subscribers.

But why are companies all of a sudden rushing to start their own streaming service ?

KoiceReloaded:
No, they weren't. 3-5 occurred in an alternate reality, while Dark Fate occurred in the same reality as 1-2.

Yh I know of that , but I call that bullshit.To me it's just a silly excuse to continue the franchise.

KoiceReloaded:
Dark Fate is a direct sequel to Judgement Day.

Yh I meant reboot in the sense that part 3 to part 5 were scrapped.

KoiceReloaded:
I'm glad that Dark Fate bombed. It might spur them to finally end the franchise... then again, I recalled saying same after Genisys, and look at where we are. Franky, I think the franchise is just a quick cash grab for them at this point.

I was so disappointed when I heard terminator dark fate was a reboot.For goodness sake just kill off the franchise already.

omohayek:
1. Real interest rates (i.e. after adjusting for inflation) aren't necessarily all that high.
2. Even to the extent that Nigerian interest rates remain positive after adjusting for inflation, there are also the tremendous difficulties associated with repatriating earning from Nigeria, thanks to the arcane, opaque and frankly nonsensical exchange-rate regime.
3. Finally, one must also account for quality of the borrowers, i.e. their risk of default. Here the factors to blame include Nigeria's poor record-keeping, its immature retail finance system (which mean most ordinary people have no credit history), slow and corrupt court system (which makes it hard to seek recourse against defaulters), and weak property-rights (e.g. the 1978 Land Use Decree which means no private individuals actually own their land outright). This land-ownership issue is by far the biggest obstacle to improving agricultural productivity, and no amount of border closures by Buhari will do anything to fix the problem.

Just fixing issue number 2 would be a gigantic step forward, but again there's not a prayer of it happening until Buhari's 8 wasted years are actually over, and even then crony capitalists like Dangote will do the utmost to exploit the "patriotic" ignorance of the masses against any change for the better. As for the Land Use Decree, no chance of anything happening on that one until all the oil in the south runs out ...

Brilliant !!!

Koicereloaded, what are your reviews on Black lightning ?

If interest rates are so high in Nigeria , why don't we have more and more foreigners coming to invest their money in Nigerian banks ?


Cc grandstar

Omohayek

Blue3k

LordNietzeche

Ugosample

KoiceReloaded:
Disney+ is officially live... featuring The Mandalorian S01E01

https://img1.looper.com/img/gallery/small-details-you-missed-in-the-mandalorian-trailer/intro-1566630726.jpg

So Disney sef has started making series ?

mekaprime:
Lolz, fair enough, different strokes for different folks then. The incessant singing & dancing was what made me develop a strong aversion for Indian movies. A typical Indian movie goes thus;
Boy likes girl,
Girl plays hard to get,
Boy see girl at the market place & tries to woo girl by singing. As if that's not enough, the whole traders in market, as in people way the whole thing no concern, would abandon their wares & join in the singing & dancing, at the end of the celebration in the market place, girl falls for boy, the rest is history.

Really pathetic

JJOF:
I hope you'll say same when commenting a thread that says Pastors should use their wealth to develop Nigeria.

It's people like them that will start shouting that how can pastor be doing the work of govt.

grandstar:
There's nothing wrong in helping the poor. It's Reno Omokri's childish behavior by dissing Northerners saying they dont give. That was petty and imature of him.

Her reply simply was that we give but we don't make noise about it

I know there is nothing wrong with helping the poor but I hate it when people try to demonize billionaires that don't give .

bptc10:
when idi*t speak you will know, African biggest economy is small in comparison with South Africa?, what a nonsense talk

Okay

grandstar:
Matured response.

People be thinking it is the duty of the rich to help the poor.

JeromeBlack:


Part 3 was the worst terminator made.


I like 4 (salvation) because it tried something different

Part 3 was good although not as good as 1 and 2.

Part 4 was an embarrassment.


Is Godzilla interesting ?

Pls rate it

wink2015:
The closure of border and the intimidation of Nigerian traders in Ghana could signify the gradual death of ECOWAS.

What is dead may never die .

sonature1:
The only countries that can stand Nigeria's might on the continent are South Africa and Egypt.

Nigeria is small in comparison with South Africa.

sonature1:
The fight between Nigeria and Ghana is like that between the US and China.

Ghana is having a field day dealing with Nigerian businesses and the world kept quiet.

When Nigeria goes hard on them, every Tom, Dick and Harry will start condemning the Nigerian government.

Even in dreams, Nigeria and Ghana are no equals.

The only countries that can stand Nigeria's might on the continent are South Africa and Egypt.

Lmao , by per capita , Ghana is almost catching up with Nigeria.

mazimee:
I'm afraid, you didn't make a single sense

Are you minding the little Zap.e.r

Ibrahimmrfish:
At the time of new testament,The people of isreal(stolen palastinia lands) spoke Aramia not Hebrew.Hebrew was a dead language for thousands of years,it was only revived in 1940s.

Prophet Ezekiel lived during old testament times.

JeromeBlack:
Genesys was convoluted and boring. There was action but they just turned John Connor into nonsense 5.5/10

Dark Fate was better. The action was superb. But the plot felt repetitive as we have seen the whole "terminator comes from the future to kill innocent kid" routine. 6.5/10

Part 1 to 3 was the bomb.

Part 4 was just shit.

That's why I asked for reviews for part 5 and 6.

Cajal:
..two prophets in Aramaic and Arabic

Hebrew and Arabic

grandstar:
Or better still Myanmar

.

JeromeBlack:
Genesys or Dark Fate?

Both

grandstar:
That what I learnt

Before you know it govt will soon start saying they will subsidise rice