₦airaland Forum

ghm:
We operated like that before dom accounts become popular.

You receive money in forex and bank credit you in Naira.

You send money in forex with naira from your account.

Agbalowomeri:
It will work

That provides a legal ground for prosecution

I expect dom accounts to be outlawed by the same bill

Agbalowomeri:
Game changer for naira

https://www.vanguardngr.com/2024/12/bill-on-prohibition-of-foreign-currency-use-in-nigeria-scales-first-reading-in-senate/

megawealth01:
Interesting.

And it's 100k today?

megawealth01:
What price did you buy?

Willie2015:
aloyt:
Can anyone guide on how to buy ETFs with Morgan's itrade platform. I can't seem to figure it out. I'm only able to trade individual equities. Buying ETFs is blurred out on my account. Can anyone assist

Go to the ETF section on
the Board. Market View
U should see the ETFs that are active...
I only buy Newgold Etf

seguntijan:
PBAT PETROL SUBSIDY REMOVAL...A PUNISHMENT TO NIGERIANS?

Obasanjo spent
$15billion on subsidy in 8yrs

Yar Adua spent
$6billion in 3yrs

Jonathan Spent
$36billion in 6 yrs

Buhari spent
$50billion in 8yrs

Between May 2000 - May 2023
Nigeria spent about $106billion on cheap fuel

This money could have given nigerians over 80,000Mw of Electricity, Fix all NGR refineries, Fix all the major roads in NGR, Fix Ajaokuta steel & other but it was wasted in Subsidizing petrol not for only nigerians

between 2000 - 2023
NGR Debt equally grew from $28billion to $108billion despite Paris club debt forgiveness of about $18billion.

in 2023 NGR was servicing it's debt with over $18billion annually..seeking to borrow over $25billion on a revenue of less than $20billion.

it took a cumulative number of 3billion Nigerians to consume petrol Subsidy of $106billion in 23yrs

If PBAT continued same pattern it would just take 10yrs(2023 - 2033) to have another 3billion consume $106billion or more of petrol Subsidy raising NGR debt to over $212billion, increase debt servicing to over S40billion
with revenue remaining around $28billion(revenue only grew in value by about 70% between Obasanjo and Buhari)

Note our revenue will only be enough for 70% of debt servicing nobody will be receiving salaries again, so teachers , policemen, soldiers, Doctors and others will all go home no money to build any roads, hospitals and others
the country will become another banana republic of lawlessness and Chaos

if you think you are in pain today
what would have come without PBAT reforms especially removal of subsidy would have been amaggedon

apatuku:
Good evening, everyone.

I just received a severance package of 10 million. I am currently confused and unsure of which business to start. Please, I sincerely need honest advice for God’s sake.

TalkTalkTwins:
omo

Nigerians are very intelligent people, I just wish we channelled the smartness to more profitable ventures.

BlackyOne:
What is wrong in using public transport? Some of their counterpart in EU, US, UK, and Asia use public transport and even walk to work.

JagabanBorgu:
This is exactly what Nigerians should be doing, but the average Nigerian will tell u how business can't work here and there's that group that keeps chanting "we import everything" but will NEVER contribute anything to increase production.

yMcy56:
Meanwhile, NEM has silently touched N10 while people aren't paying attention!
Congrats to Oga Wanaj0 and all in the bus.....

In another news, an entity is trying hard to keep JAPAUL price down.....
Reason for this is still unknown...

If not for buyout, WAPIC shouldn't be trading below N2 by now.
Anyone with update on the buyout?

ARADEL responding to one positive news.......if the seller won't come and spoil show for them again

ogaemma:
I saw the video yesterday, and it was a national embarrassment that history will not forget in a hurry.
How did he become a governor in the first place?
Who were the people that screened him?
Who read his manifesto for him during his campaign?
Are they trying to say now that this is the first time they notice that the man is not fluent in reading and speaking?

You see, I will still blame the system and our failed institution's.
They are all aware that the man is uneducated.
But because someone wants to enthrone himself as a godfather, to control the state they will see nothing wrong in what they have done.
I have said it in some of my past article's.
That in the NIGERIA system, those who are supposed to be in the Government houses are the ones in the motor parks, while those who are supposed to be in the motor parks are now the ones in the Government houses.

PressMyButton:
Enemies say why is he always traveling. They don't know, they will know tomorrow.


After God, na Tinubu 💪 God bless Nigeria

FBIBOT:
What I don't always get is how they move these people without any confrontation with security operatives... Are human being eggs that a group of people Will just vanish into thin air

FBIBOT:
What I don't always get is how they move these people without any confrontation with security operatives... Are human being eggs that a group of people Will just vanish into thin air

kelvyn7:
You are missing the point buddy.
It's better to buy land that will appreciate.
But building for rent is not the best of investment decision.

kelvyn7:
I have said this countless times.
Agree with you.

megawealth01:
https://newtelegraphng.com/recall-tinubu-moves-to-bring-peugeot-dunlop-back-to-nigeria/?utm_source=rss&utm_medium=rss&utm_campaign=recall-tinubu-moves-to-bring-peugeot-dunlop-back-to-nigeria

Tinubu Moves To Bring Peugeot, Dunlop Back To Nigeria

SendoSendal:
[b]Afe Babalola has the right to react the way he did. Dele threw a TERRIBLE jab by publishing damning allegations against the man without first substantiating them as fact. Like I said earlier to someone, all of us feel terrible about a lot of our bigwigs, and am sure a lot of us talk about their perceived corruption among ourselves, in our homes, at newspaper joints, at beer parlour e.t.c. Of course, none of us have facts about all these things apart from hearsays. Now, imagine us now writing a book on these people and saying all the atrocities we think they have committed based on our own perception. Publishing it in a book means they are FACTS. Books will be read by children yet unborn.

It is natural for Afe Babalola to feel badly maligned. He is a man that has put in over 60 years into his practice. Law students that would be born in 100 years from now will read DELE's book and form an opinion. Dele started the rascality by first publishing the allegations in a BOOK, knowing fully well it won't be retrievable. He went for the man with FULL force.
[/b]

SendoSendal:
How many of us will accept what Dele Farotimi did to Afe Babalola? Most of us just join the bandwagon.

He made terrible accusation about the man and published them in his book that has now gone global. That means, if those details are false, how will he retrieve the book from the thousands that have bought it globally

If we are in Afe Babalola’s shoes, and someone wrote terrible things to destroy our hard earned reputation, and have the effrontery to publish them in a book that would be read by children that are not yet born, am not sure we would take it likely. I don’t know Afe Babalola and I don’t know Dele Farotimi. I just took my time to digest the information objectively and dispassionately. I will advise us to do the same

EmperorCaesar:


Na wetin make me run comot from Katsina go Anambra be this|

You go dey travel from Kaduna City to Zaria, around 3hours journey and your car will be the only car only the road

Sadly, Katsina is still safer.

RIP to them

Thugnificent:
Yes indeed, i know this because I'm a farmer myself and i hope and pray i recover all my expenses 🙏😭

https://www.nairaland.com/8087087/farming-journey-pictures

Thugnificent:
Inflation is skyrocketing at an alarming rate. God help us all 🙏

Someone please assist me with any amount for foodstuffs please I'm soo hungry 🙏

emmanuelewumi:
I am ready to sell when it gets to N90 and invest in other stocks

JASONjnr:
This will just be a waste of money.....


Tinubu has put everything in place to be re-elected...

The judiciary have had 300% salary increase and Wike is building them duplex and making good express roads to the estate for the judges....

His thugs was given the transport president to control all road agberos across the country.

Tell me what will kar him lose his reelection?

tuoyoojo:
That's the idea. This bill would make terrorism lose its appeal to the locals because it would against the wellbeing of the state.

With the locals and state government aware of the damage that would be done and absence of security votes, terrorism and banditry would die naturally or would be killed deliberately

tuoyoojo:
I am not a tilumbu supporter but this tax reforms would compel states to seat up

In all honesty, the north has no reason to be poor. They have land for agriculture. That alone that drive their economy. They have to seat up and do the needful

This reform would force states to be secure and they would be literally falling over themselves to attract investors.

Akinola2543:
Great.
I just hope the people will start feeling the effects of all this meetings for good very very soon.