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➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ - Business (82) - Nairaland

Nairaland Forum / Nairaland / General / Business / ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ (5411436 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:
It seems Abok now sells dollar online, what happened to selling in the streets undecided


Buyers need to wise up cos if you dont take care, you will even buy higher than black market rate on this thread.



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. cry

Make I go find where I go see dollar at N197/$... grin
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 grin grin grin


ladyF:


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. cry

Make I go find where I go see dollar at N197/$... grin

2 Likes

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Bookiemart01(f): 6:15pm On Aug 28, 2016
Dont mind them youhia? cheesy
Sell your funds at whatever rate you wish ehn undecided
Shebi its floating rate?

skydancer:
$600 skrill available for 400/USD.
#FastDeal

you pipo should leave him ooo...isit your fund cheesy cheesy cheesy grin grin grin

Singapore1:

Brother small small na
condomuser:
It seems Abok now sells dollar online, what happened to selling in the streets undecided
Buyers need to wise up cos if you dont take care, you will even buy higher than black market rate on this thread.

ladyF:

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. cry
Make I go find where I go see dollar at N197/$... grin
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Nsonaso(m): 6:24pm On Aug 28, 2016
Osgilliat:

If you still have it.. Please send me your contact. Thanks
Contact me I have $54 left over
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by justi4jesu(f): 7:04pm On Aug 28, 2016
justi4jesu:
$1000 Paypal Available for Sale.

Contact on my Signature


SOLD
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:
Who has done buisness would this guy www.nairaland.com/oonlinemarker, his number is 08146278791
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:
if you want to say bye bye to your money.. then buy funds from this moniker

tundeade555

also non as obasanjo002
l

lobatan

cc dragnet

2 Likes 1 Share

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Sammig1(m): 4:30am On Aug 29, 2016
Sammig1:
send in your funds and cash it in naira. no stories...no fuss. call, sms or whatsapp 08037495005 or email uniquesammig@gmail.com
A trial will make you stick to me.
get started now!!!

CHECK MY SIGNATURE FOR PROOF OF MY SERVICE.

1 Like 1 Share

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by bdavis: 7:21am On Aug 29, 2016
kafeii123:
"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.
As the chart below de­picts, speculating in forex has probably paid off more for some than investing in stocks.
Exchange rate $/N 2014-2016
All Share Index 2014-2016
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

So Mr. Komolafe's wife married Mr. Komolafe's son? shocked
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Jainine(f): 7:24am On Aug 29, 2016
mayor2013:
Who has done buisness would this guy www.nairaland.com/oonlinemarker, his number is 08146278791

He is one of the scammers.

Soon I will make a list of them for people to see. kiss
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by mayor2013: 7:30am On Aug 29, 2016
ladyF:

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...


Sent him money grin. He is a punk. Not smart though. How on earth would I send money into a ghost's account grin
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:


Sent him money grin. He is a punk. Not smart though. How on earth would I send moneh into a ghost account grin


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:


Sent him money grin. He is a punk. Not smart though. How on earth would I send money into a ghost's account grin
lol some of these guys can be very persuasive uno...e go be like dem put jazz for mouth. cry
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by frisky2good(m): 8:16am On Aug 29, 2016
LOHCONSULTS:
Who can help with ebay cart out?

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:
$200,000 available for bank transfer to your dorm account or U.S bank account only. Must buy nothing less than 25k.
Rate is N410/$ non-negotiable
Please this isn't PayPal or Ebay payments this time.

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:
500$ skrill for sale at


385/$

contact me

08181478658

thanks

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:


N410 Must buy 25k??

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:


erooOluwa bought 151$

elijah bought 340 $


that is how we shared the daily bread


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:



our ex president obasanjo0O2 is a scammer ooo

send him your money and watch him invest it in agriculture
na know go kill person with laugh here grin
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 cool
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:
Amazon gift card needed. I can buy any amout you have
I have 40$ now.350/$ 07067657770
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by kaboninc(m): 8:01pm On Aug 29, 2016
Clone2020:
$200,000 available for bank transfer to your dorm account or U.S bank account only. Must buy nothing less than 25k.
Rate is N410/$ non-negotiable
Please this isn't PayPal or Ebay payments this time.

Contact in profile. Call or whatsapp.

Lol

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