grandstar:


The interest rates need to be higher than inflation.

Presently, inflation is 33%, while the CBN rate is 28.5%. It needs to be higher than inflation to be effective.

Economist like to use a phrase "in real terms"

Recently, a microfinance bani through their bank wanted me to save with them, offering me 20% interest rates.

I rejected it because it was lower than inflation. Though it looked tempting, the fact the rate was lower than inflation, this put me off.

Saving rate - the inflation rate

20%-33% = -13%.

In real terms, I was losing 13%.

If they offered me 35%, I would most likely have jumped at it as I would make 2% in real terms.

Inflation is too high and it's hurting everyone.

with all the trash you wrote here I am wondering if you are a practicing business man or just a student of economy still reading theory.
Give me loan at 20% interest rate for one year and let me use it in this your agbado Chicago oluwole economy and see if you won't be my tenant by next year paying me rent while you continue talking trash and earning likes on nairaland

lapintoz:

Tell us one single achievement of your ancestors, forefathers, father and yourself combined. Only then will I accept your idiotic talk.
😁

and you had to say something meaningless,how does it change the fact that you are supporting a directionless government.there is a name for such followers you can figure it yourself and start bearing the name.

You are all failures
If you call obaseki failure I wonder what you will call that 1st class Chicago olodo tinubu.

alanto:


Why didn't you call seun to this one too

I should have but Madrid started it first and as an old member of this forum he should not be the first to misbehave.shows he has no regards for the forum rules despite all this years

madridguy:
But the whole world know the region of Cannibal in Nigeria. Clifford Orji people should go and hide.

Seun take note of this statement,it is violence against a particular tribe.
No matter the politics bigotry Should not be taken this far.
Oga poster you are too old for this foolery.

Throwback:
Where is Elluuu Peee situation room?

Abi their own situation na hospital room?

Lp is an obedience movement that comprise pdp supporters and other true democratic parties so stop crying.

Nature will always pay you back for the evil done

Agbadorians have their brains under their shoes and they match on it comfortably moving around.

Tinubu is corrupt and surrounded with corrupt thieves ,having hope on him is just hopeless.

Philipponzaghi:
Atiku don dey show himself again. Instead of calming the storm, he dey fan am. Na him be the real instigator wey no fit see beyond his nose. This one no be leadership, na wahala he dey promote!

he should calm the storm created by a first class olodo and corrupt desperate monkey.you people are funny.

Always guessing no intelligence at all

Funny country

It will not be well with tinubu

Ok we are not cowards

Salewa97:
Reno is definitely not one to back down from any challenge.

VeryDarkMan should know that Reno has a way of turning the tables.

The man is a master of narratives! Let’s see how this unfolds; I trust Reno to handle it with his usual finesse.

Reno is now your god and defender .
A man that told us how useless Tinubu was ,you guys are standing on nothing shamelessly

lexy2014:


he was saying nigerians should dialogue with him but he is running to service chiefs for protection

if it was years back Nigerians would have fallen for the trick.
Imagine having a dialogue with a scammer.

Is it the same tailor mass producing the Russian flag in Kaduna and Katsina.
DSS answer

Shettima has no such weight,we know the northerners than can pull that string.

Thief Ole
The meeting he needs now are with the people that will tell him the honest truth.

benardtotti:



You have time to reply that dunce , none of them participated in this protest but are online urging others to go protest in the sun and rain ,he is busy waiting for soyinka to spoon feed him , as if without soyinka protests can't be done.

sophisticated failures wailing

DevilsEqual:


These guys get old and they wouldnt be able to keep up with some things. Thats 12years apart

U guys even expected a 90years old WS to come out and protest

I wonder how u think tho. Humans arent pre-programmed robot that are coded to respond to same issues in identical manners at diff times


Also, they arent under obligations to do that, neither do they have to do things to impress u

Dem Sowore and Adegboruwa wey comot sef, una no see them. If u wan scream tribalism, scream am . Dem no care

cry cry baby
10 days protest ,nothing on earth stopping it not even your drug lord.

trutharena:
This is just another attempt by the police to play favorites. Those arrested protesters should face the consequences of their actions instead of being released like they did nothing wrong. They are not above the law!

this one is just a step to answering for the shootings of protesters that were killed in cold blood.

Uptil now no police killed or attacked to warrant the shootings and killings.

Chinkoalhaji34:
Another day, another drama.

So these ones think waving Russian flags will change anything?

Peter Obi's fans must be so proud of this display of confusion.

Na only mischief makers dey carry such flags for Nigeria.

This na just a way to distract us from real issues.

leave Peter Obi alone and face your fears

ihavesense:

Thank you very much sir.
I don’t know why they are so fixated on Mr Peter Obi.
I’m sure Mr Obi wouldn’t have removed subsidy like an agbero on his inauguration as president.
I’m sure Peter Obi wouldn’t have devalued the Naira immediately removing fuel subsidy.
I’m sure Obi wouldn’t have followed it up with removing Power and Education subsidies.
Obi wouldn’t have been lavishing our little money that is left.
And so on…

you are right ,he removed it like an agbero so they can start feasting on the monies.

NextAbuja:
Bcoa he chose not to support the Pandora Criminal is not respecting himself

oga shift you are suffering from obiphobia

This question is only for sane minds not pre programmed bots

What is the relationship between what is happening in UK and in Nigeria.
Agbado people should receive sense

BigTableShaker:

Because Karma is a stupid ass-biitch.
Whatever you do to your elders, you will get the same in ten folds.

lol Abi the karma is happening to the old man

BigTableShaker:
Normally, yebhoe na werey.

No respect for elders.
Even if the elders dey fvck-up, it is not in your position to rebuke them.

The gods are wise.

why will they respect an elder who refused to respect himself , foolish people grow old too?

Tinubu removed subsidy and sharing the money amongst his cronies.
Ordinarily removal of fuel subsidy and corruption fight should make the difference.

As a normal human being your question should be where is the money saved from removal of f subsidy .make una leave Obi alone and start receiving sense

Like play 4years will go and nothing will be done .