Najyin:


Heard from a previous post that with o/d switched on, the car consumes more fuel. So I searched for it and switched it off on the gear lever. I've now decided to drive it while the gear lever is placed on 2 or L rather than on D. So my question is if the fuel consumption will reduce if I do this when I eventually get fuel. Thanks

omauchay:
Mr everest u were in aba a few days ago okwa ya? Me I live there..and I want to tell u that all those roads that were constructed are the ones he (okezie) did before and during his quest for power with Alex otti...since he won, he went on break. All I hope for is that this break won't be an Everlasting one..

couvaninigLtd:


Talk to your agent if the bank and son fail to open form m and product certificate there is always a way out your agent can find another form m that is carrying the same generator to to get paar for you then the problem is been solved.
Thanks.
couvani nigeria ltd
08183057775

couvaninigLtd:


Talk to your agent if the bank and son fail to open form m and product certificate there is always a way out your agent can find another form m that is carrying the same generator to to get paar for you then the problem is been solved.
Thanks.
couvani nigeria ltd
08183057775

MyGeneration:

Let me go nd own cow in a place where they bomb there own people then imagine what they wud do to me that's not one of them, u dats talking hv u ever asked d reason y d worst thing u can do to any Southerner is to post him to the north for nysc, even Yoruba's.
If everything is ok then y re they running.

repogirl:
fine, so what happens to the Naira they receive from the importers.

repogirl:
okay, financial economics 101....

I guess you are aware that CBN provides Nigerian importers with dollars to pay their foreign suppliers. For example, let's take the petrol importers.

These petrol importers pay CBN in naira and collect dollars at the official rate of N197. Remember CBN is paying them from our foreign reserves, so they have to return the money to the reserves.

Now,the issue is CBN cannot exchange this naira at their rate of 197 anywhere and they are forced to exchange at the market rates which is presently hovering around N400 at the moment. This means CBN will be exchanging the Naira back to dollars at a higher rate than they gave the importers, thereby losing a lot of money in the process.

To make it clearer

CBN gives Importer , $2 billion at N197 per dollar, means the importer pays CBN 394 billion naira.

But when CBN wants to exchange the Naira received from importer to dollars, they exchange at lets say N375 per dollar, which becomes, 394 billion/ 375 = $1.05 billion.

This means CBN has made a loss of N950 million.

This is the reason why they have stopped exchanging for some imports, medicals and students abroad, they are losing money seriously.

If the Naira had been devalued since, it might not have gotten as bad as it presently is, because now the market is being fueled by desperation and panick.

Hope I have hereby been able to convince you in the need for a devaluation of currency. It's simple, we are losing money.

bizgenius1:



278

bizgenius1:


both

bizgenius1:



50,000 account opening opening deposit and daily limit 750..u can ask again to confirm though

juman:


The president here in nigeria should also pump billions of dollars into the economy.
He should be building the much needed infrastructure across the country, that are his legacy to leave behind.

But right now the apc government is non performing.

juman:
Obviously this apc government is not a good one.

Look, obama also met terrible economic situation when he became american president but he turned things around and economy recovered.

One thing is clear, those apc people have so far proven to be clueless and incapable to rule a country.

Futurewiser:


for real ohh. they are the cheapest followed by stanbic. all other banks na thieve

demosoft:
gtb now 299.78 earlier this morning was 298.26.

1Dray:


Access bank now a certified/confirmed thief.

Carshopper:




Yes I have 700$

Carshopper:


Still available