₦airaland Forum

grandstar:
The CBN g9vernor was simply looking for a scapegoat for his loose monetary policy.

Until monetary policy is tightened, there will be no respite for the Naira.

CBN has done its best...
We cant continue to import everything we consume
And expect magic from the CBN...in terms of monetary policies...
We need to add value as a nation....
In terms of service and products...
Thats the missing link in Naija for so many years...

Coolcash1:
No sir. It is still expensive.

Me and my household won't touch it until its below N90

When MM start defending it...
we go know say time don reach..

Blacktruth:
It is an Etv installation with an android box

tks

Blacktruth:
Dstv subscription, i went for a quality free to air dat can also cover all dstv stations for free .

Can u state the name of the free to air

Mpeace:
I think mtn is waiting for q1 2024 to decide what way to move.

How do they tackle losses from devaluation...?
Its almost a regular feature of coys with such exposure...
DSR.. MTN ..Airtel...Total . Nestle etc etc...
Its getting scary...

Let them advice Akume to ...
face his SGF duties in Abuja....
He want to be SGF and the same time...
be the Governor in Benue...
We have a long way to go in governance in Nigeria...
Father ...no dey gree for anyone this year

Deadlytruth:
I am in a deadly ambush for MTN. Pouncing will take place in few days.

Just calm down.. u will get it less cheaper.. . Airtel was smarter ..they arrange share buybacks that will last for months to reduce effect of bad result

Naija is a tough country to rule...
Every area has a cabal...
Custom, Police ..Immigration... Markets...
Churches.. Mosques... Unions.. Universities ..Farmers... Political Parties etc
U must settle those guys before u can breathe

packman:
Hello guys
please anybody has an idea Trading on Nasdaq... Or New York exchange from Nigeria without using the likes of CHAKA and BAMBOO

Thanks

Try tradezero .

Locotrader:
A total of 6,788,540 units of champion cooling head in my portfolio now.Not for sale till target met.I even pray for buy out offer self.

No need to show pics again.
Some go begin throw me big stones on my bald head.

Nice one

How dem go come pay their lawyers
When they get deficit of N128m to pay
Dis one na double wahala ...

[quote author=Moneyboyz post=128703068]Early last year I was motivated to start a beer distribution business, I did my research bought the land and constructed the building.

Unfortunately for me, I didn't know someone is selling just few blocks to where I acquired the land. Although the competitor was a small scale but I do not want to compete because there is also a coke/pepsi depot right next to it.

I've decided to go into manufacturing but I'm not sure what I could do. I need ideas and possible the required capital that would start it.

Please no pure water factory suggestions.

Thank you.[/quote)

Not a fan of Manufacturing sector ...
We have bad environ for bizness.....
Even most overseas coys in Nigeria are closing up...
D few available ones are posting recurring losses as a result of devaluation...
I can advice you to demarcate and rent it out ...
Collect your rent without stress...
U can also do farm storage during harvest...
And sell later in the year...

LTD Liability - How much ?

yMcy56:
Honestly!!
...I was looking at quite some stocks when market opens and just wishing in my mind!

Imagine ACCESS @16 something....
ZENITH 31 something.....
FCMB @7.20 or so
SUGAR@50
Even JAPAUL 1.83.......
Quite a lot

Very tough decision ....
to start pickin...
Unless u are a money bag...

yMcy56:
OANDO from N9 is sighted back @10.45
Battle for the soul of OANDO.....
Peter will come and tell us how he exited the ones he bought at 10.95 and reloaded @9.

GTB seems to have turned it's back against the bear.......true or false? We'll know as market progresses.....
.

Expecting to see some level of green...
Today is EOM...

ZaddyJ:


Sorry bro if he tried to resume they will hand him an indefinite suspension and that will mark the end of his pension career

Indefinite suspension means placing an employee...
in a temporary suspension pending investigation...
Terms of conditions will be stated clearly by the employer...
Indefinite suspension may be unlawful if it is too long ....
D worst case scenario is for the company to fire him...

Queengee:
I opted for 25percent of my Pension remittance, all documents successful and now the only thing hindering the payment is my former company I worked with because they refused to acknowledge the letter my pension sent to them for confirmation before proceeding to pay me on ground that I didn't resign properly.

truly when I left the company 3years ago I don't submit any resignation letter. I left without giving any notice because I was tired of the job. so is there any legal means I go about this because those HRs can be very wicked when you need them

You should have at least sent a resignation letter..

Whether they accept it or not is their problem...

U absconded from work ..thats the summary of the above scenario...

Go and resume back at work..

D worst they can do is to fire you.

HeadNigga:
I am still young. Hot brains. I will make consultations on japa. God help me if it warrants having nothing to fall back on, fine. I will take my chances. There is no hope insight coz our fellow country men are not even ready to get this country working. Tribalism won't let them yet their rich tribesmen in power don't care about them.

In addition..learn how to trade

Foreign Stocks
Forex

it will surely boost ur earnings ..

Godspeed

matify83:
I so much love the concept of incorporating rail lines within the median strips of the road.

Rail journeys adjacent such roads will be fun and less monotonous.

It will surely be a sight to behold if this project comes to fruition.

I dont understand the ...
concept of roads in Nigeria...
Trains are better and faster..
It brings in revenue that last for longer years...
And with removal of fuel subsidy...
It is the perfect palliative for the masses to reduce cost of transport ....

emmaodet:
Thanks Ponzi.
For a sizeable trading capital of let's say $5,000. Is Chaka good to use? Because have seen where Yok discussed about using Chaka for small capital while for investments above $500, other foreign apps are better

Foreign apps are better than local one...
I use trading212 and Etoro...
Both zero commission on buy & sell ..
Downside is that they dont accept Naija...

tonicyril:
Did u read the part where ur documents for the purchase will be presented??

Bros forget ...
all these documentations stuff...
It has been in existence back in days...
Those bankers in FX sections know their ways around it ....
Back in the days ....they used to sack all the staffs
in that unit for FX issues...

[quote author=yinkus6750 post=128659272]The BDCs knows how to go round all this policies
We really need to reduce the demand for foreign exchange.[/quote

Respect the North....
They know how to protect their interest.... ;
We need to wake up in the South ...

TenQ:
A small business owner who buys from Ali express or Allibaba or any online platform cannot buy dollars from the bank.
Just go to any bank and say you want to buy N50,000 worth of dollars. It is impossible.

This is why everyone goes to the BDC for it

That should be the end point by the CBN...
That means ...enabling NairaCard for international transactions...
I source my dollars from Nigerians abroad...
I visit site that take Naira and convert it to dollars for trading...

Biodun556:
With bureau de change reforms Tinubu is challenging the north and stepping on their toes. I will not be surprised if they are calling for coup


Obasanjo, Jonathan, Buhari knows this forex malpractice but lacks the courage to correct it

Right policy...
No one need FX in cash..
Naija is a tough country to rule...
too many saboteurs in the system...

Agbegbaorogboye:
Interesting take
But Tinubu's govt have actually shifted to managed float. They are just not saying it.
I said it before the election that if not for trust Issue and ethnic bigotry of it's the south's turn, Atiku had the best manifesto of the contestants in the last elections.
But politics is more about sentiments and not logic or best man winning

Bros ..forget Atiku manifesto.....it's still the North...they can't change ...

Godfullsam:
You can't force anyone to sell his/her product at your desired rate in an open market.

The govt. should revert to cashless policy as soon as possible and begin to tactically mop up the excess money already in circulation.

Everyone should brace up for this year's planting season, each house hold should plant something..

Planting something ...
With cutlasses and hoes...
Ko le work... Bros
FG need to provide incentives in terms of
Land Access.. Loans, Modern tools... Improved Seeds... Transport Logisitcs
Eliminating Middlemen Cabals, Guaranteed Mkt Access and price...Security against Herdsmen... etc
Its a whole lot of work along the agric value chain...

yMcy56:
* AIRTEL
Officially up with +10%! Now @N2,200!

* GEREGU
Up with +48.50! Officially@770!

* BUAFOODS@320! Up with +N21!

Doesn't look like these big caps wants to back down yet....

FBNH cross deals ongoing @27.20.......over 22M units done in transactions so far...

AIRTEL is expected ..
It will enter N3000 this year..
They will commence their buybacks from March till year end

Coolcash1:
Life goes on…if you like kill your self on top work. If anything happens to you, your employer will quickly replace you.

Dpharisee:
The way the north is lamenting about hunger is really shameful, with all the vast arable land in the North it can't feed itself, after landlocking the Igbos in the old Eastern region after the civil war and Buhari even calling the South East a dot we can now see that having large expanses of land and you can't feed is useless

With bandits..bokoharam all over the place..
U expect them to farm...
I doubt if u have ever been to the North...

Throwback:
The next step is to outlaw forex processing for foreign education for a minimum of 10yrs.

Any Nigerian that wants to be educated abroad should look for the money abroad.

We have schools here that can take those huge amounts of Naira we employ to buy forex for UK or American or Canadian education.

We need to jump-start our tertiary education system with better infrastructure, improved quality of education, improved salaries, and improved school fees.

Tough times require tough measures.

The best move is to enable Naira cards for global payment.

Acidosis:
In Nigeria, tough times require tough measures ONLY against the common man.

Politicians will always have their way. If I may ask though, why are you against globalisation? The world is a global village now. You can't box people.

It is a good policy....
which will affect elites and politicians too.....
I use a foreign app for forex trading ....
They collect Naira via my bank ...
and credit my account with USD for trading...
Same process also at withdrawal...
they convert USD and credit my account with Naira...
I have no business with physical USD cash...
Next policy is to enable Naira cards for global payment