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Nairaland Forum / Nairaland / General / Business / ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ (5468045 Views)
Black Market Deals / Central Bank Injects $210 Million Into Currency Market / E-currency Market For Port Harcourt Residents Only!! (2) (3) (4)
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Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by ladyF(f): 6:08pm On Aug 28, 2016 |
condomuser: Hahaha....The rates dey fear me too o. How much will they charge you if you use your naira ATM? You will end up making a loss with some of these rates. Na only the rich go fit afford am. Make I go find where I go see dollar at N197/$... |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Bookiemart01(f): 6:12pm On Aug 28, 2016 |
Hehehe...Please I don cling to your skirt for that #197 ladyF: 2 Likes |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Bookiemart01(f): 6:15pm On Aug 28, 2016 |
Dont mind them youhia? Sell your funds at whatever rate you wish ehn Shebi its floating rate? skydancer: you pipo should leave him ooo...isit your fund Singapore1: condomuser: ladyF: |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Nsonaso(m): 6:24pm On Aug 28, 2016 |
Osgilliat:Contact me I have $54 left over |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by justi4jesu(f): 7:04pm On Aug 28, 2016 |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by kafeii123: 10:14pm On Aug 28, 2016 |
"A tale of two friends: One invested in stocks the other in forex A tale of two friends: One invested in stocks the other in forex Two years ago and just when the Central Bank announced its first round of devaluation two friends talked about its impact on the Nigerian economy and what this could mean for their portfolios. They both had investments in Nigerian stocks and were disciples of Value Investment. As events in the economy unfolded they pondered on what their next move would be. Obinna believed he was better off remaining in stocks as he felt prices of stocks could plummet giving him an opportunity to buy fundamentally sound companies on the cheap. Mike on the other hand had a gloomy feeling about all of that was happening around him and opined that he was better off betting against the Nigerian economy. Mike felt better off selling off his entire investments, including stocks, real estate and treasury bills. To him, he would rather be investing in dollars. Mike sold of his entire portfolio worth about N10 million and had about $55, 555 in his domiciliary account. Obinna kept his N12.5 million worth portfolio in stocks and another N4 million in the money market. Mr Komolafe on the other just got paid N50 million for a house he just sold. He called his son-in-law asking that he invests it in another choice property in Abuja. His son-in-law Debo advices him against doing just that and tells him to instead buy dollars. Mr Komalafe felt it was a bad advice as he was buying dollars at N180 when just a few weeks back he could have gotten it for N165. However, Debo was dogged and told him to take the advice. He eventually did and deposited the $277k in his accounts. In hindsight, it’s easy to agree Mike was the better of the two friends in terms of who probably fared better. Mr Komolafe will also bless God for the right choice his wife made in picking the right husband. For Mr Mike and Mr Komolafe their savings in forex is now worth about N22.2 million and N110.8 million respectively in a little under two years. This is an example of how to make that money work for you. For Obinna, his portfolio didn’t do as expected as stocks which appeared cheap in early 2015 turned about being expensive at the end of 2015. His portfolio is currently down by about 19% and in danger of losing even more as the economy closes in on a recession. An investment in dollars in 2014 yields a whopping return of 95% compared to the All Share Index which has lost about 17% within the same period (Jan 2015 – August 2016). True, some stocks have returned over 100% in the last one year but we all know you can’t beat the market. The sad part of this story is that it depicts the Nigeria of today. People who work hard just to earn a return of 20% end up losing 100% of their investments. So rather than invest in a business that will employe more people and create value to the greater society, we end up saving it in an alien currency. Even investing in real estate can’t beat these sort of returns. Lesson here is to bet against your economy in a recession if it is import dependent." •Culled from Nairametrics 2 Likes |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by mayor2013: 10:42pm On Aug 28, 2016 |
Who has done buisness would this guy www.nairaland.com/oonlinemarker, his number is 08146278791 |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by ladyF(f): 12:10am On Aug 29, 2016 |
mayor2013:I hope you haven't sent him your money. This number also belongs to our ex-president obasanjo002 Maybe Singapore1 can tell us more about him. He made this comment some months back... Singapore1: 2 Likes 1 Share
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Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Sammig1(m): 4:30am On Aug 29, 2016 |
Sammig1: 1 Like 1 Share |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by bdavis: 7:21am On Aug 29, 2016 |
kafeii123: So Mr. Komolafe's wife married Mr. Komolafe's son? |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Jainine(f): 7:24am On Aug 29, 2016 |
mayor2013: He is one of the scammers. Soon I will make a list of them for people to see. |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by mayor2013: 7:30am On Aug 29, 2016 |
ladyF: Sent him money . He is a punk. Not smart though. How on earth would I send money into a ghost's account |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Sanchase: 7:31am On Aug 29, 2016 |
I'm interested in buying Amazon Gift Cards from $300 and above. Quote me if you have. |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Singapore1(m): 7:33am On Aug 29, 2016 |
mayor2013: our ex president obasanjo0O2 is a scammer ooo send him your money and watch him invest it in agriculture 3 Likes |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by ladyF(f): 7:49am On Aug 29, 2016 |
mayor2013:lol some of these guys can be very persuasive uno...e go be like dem put jazz for mouth. |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by frisky2good(m): 8:16am On Aug 29, 2016 |
LOHCONSULTS: If you are around alimosho in Lagos and ready for face to face deal, I can do it for you. I checkout, you pay me. |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Clone2020(m): 8:52am On Aug 29, 2016 |
$200,000 available for bank transfer to your dorm account or U.S bank account only. Must buy nothing less than 25k. Rate is N410/$ non-negotiable Please this isn't PayPal or Ebay payments this time. Contact in profile. Call or whatsapp. |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Singapore1(m): 9:08am On Aug 29, 2016 |
500$ skrill for sale at 385/$ contact me 08181478658 thanks |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by oluwainfin(m): 9:41am On Aug 29, 2016 |
Clone2020: N410 Must buy 25k?? |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by oluwainfin(m): 9:48am On Aug 29, 2016 |
5k usd needed in cash in Nigeria. Let me know if you have. We exchange funds right in the bank. No stories. |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Singapore1(m): 12:44pm On Aug 29, 2016 |
Singapore1: erooOluwa bought 151$ elijah bought 340 $ that is how we shared the daily bread |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by SimacSMSplus: 1:40pm On Aug 29, 2016 |
$358 Paypal Currently Available for sales at 360/$ NB: Fund is in China account and cannot send to another china paypal Nothing Like Family and Friends you handle the Fees Yourself interested Buyer Should Contact me via My signature |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Clone2020(m): 2:25pm On Aug 29, 2016 |
oluwainfin: Yup |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by darecool(m): 5:13pm On Aug 29, 2016 |
Amazon gift card needed. I can buy any amout you have |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Nobody: 5:39pm On Aug 29, 2016 |
Singapore1: I sill need additional $5 Skrill o. If you have please quote me. |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by agarawu23(m): 5:46pm On Aug 29, 2016 |
Singapore1:na know go kill person with laugh here |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by AleAirHub(m): 5:48pm On Aug 29, 2016 |
Good Evening , Neteller Fund Of $100 - $5000 Is Needed @ $1/ N350 - N360. Thanks #Purple Mastermind |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Singapore1(m): 6:20pm On Aug 29, 2016 |
450$ skrill available @ 390/$ 700$ payoneer available @375/$ contact 08181478658 please i am not selling the payoneer bit by bit |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by lizmovic(m): 6:40pm On Aug 29, 2016 |
darecool:I have 40$ now.350/$ 07067657770 |
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by kaboninc(m): 8:01pm On Aug 29, 2016 |
Clone2020: Lol |
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