NewStats: 3,264,977 , 8,185,250 topics. Date: Friday, 13 June 2025 at 02:04 AM n4l62

Seun:

Is it possible that his spine was damaged when he fell down?

Haba Seun, listen to yourself now. if he suffered any damage in his spine, would he not have known it to be the cause of the problem.

People experience the supernatural. Whether or not you choose to believe they do, it doesn't change the fact that they indeed do.

Seun:
If atheism is madness, why are so many highly intelligent and successful people atheists? Why are people turning away from religion in most first world countries, which are far better than ours?

They're selfish weak and deceived that's why. Intelligence doesn't cure those.

Listen to Pastor Keith Moore or Andrew Wommack, they are intelligent folks with IQs I'd rank above the 95th percentile. Yet they're in faith.

I'm smart. I know you are too, and I respect and love that about you. I make some money, you currently make more. But I feel uncomfortable if I have to be in church and others get to fund the running cost while I don't. So I priotise my giving in Church. sometimes close to 15% of my gross and more than 70% of my spending. I do that willingly and with joy, and rather than running out, I'm running over. You on the other hand think the church is out to take your money so you stay away. Now you see what differentiates us is not intellect, it's rather your selfishness versus my generosity.

Or the devil tells you there are too many rules to live by and you want to be free. It's only a wwell-packaged lie-nothint more.

Do you really think it makes sense to tells lies, and live your life a chronic liar.
Or should it be stealing I'd want the freedom to indulge in? killing, cheating on mg partner? What is it exactly that you think being a Christian restricts your access to? none that I know of.

So it's basically deceit.

Real freedom is actually being able to go years without the doctors, and living in plenty, having enduring joy. having your life guaranteed without any fears, succeeding in all you lay your hands on and having everything work together for your good. With the exclusive right to live forever. That's what Christianity offers, and unless you know a better deal, i'd advise you sign up. It's free so long as you have the faith and willingness.

Seun:

The point is that many people who are clearly not mad are atheists, therefore atheism is not madness. It’s a sane and reasonable position to hold even if it is wrong. Can we agree on that?

Not sane and reasonable. Rather sane, prideful, demonic and foolish.

Good you couldn't claim there wasn't a cause for the universe and life.

Now you foolishly attribute it to a useless improbable bang, rather than the Genesis story which is more plausible.

And to compound your confusion, you claim it happened billions of years ago.

If someone told me something happened last year, would I not at least ask "were you there?" or "is there a record of it?" before I believe it in a hurry?

The fools weren't there to witness any bang, they don't have any record of the incident, but you guys would believe the foolishness in a hurry as long as God is taken out of the picture.

Think, and think really hard, why hasn't there been any other bang? Why hasn't the earth's atmosphere decomposed? Why hasn't life been found in at least one out of the numerous billions of stars in the universe, why is it exclusive to earth?
Why hasn't there been another specie of a plant or animal that has naturally evolved?

Think about the brain, its intelligence, the actions that are made voluntary and those it controls involuntarily. My heart beat, my reflexes. etc. it's so perfect that the ones that should be voluntary are the ones that are voluntary and vice versa.

Think about learning, there's this observation I've made that teaching a human a new thing is mostly like calling his attention to something he already knows. Like you teach someone something for the first time, and he's able to tell soundness from crap. Bros, intelligence is too high to have been a product of randomness.

Seun:

The white man enlightened us by replacing our many gods with one. Now they are leading the way towards replacing the one God with none. It makes sense for us to follow them just like we did before. It seems as if the number of gods you have is directly proportional to your unnecessary problems. Less is better. Zero is best.

Tell that to those experiencing supernatural solutions to their lives' problems. See if you make any sense.

And don't think atheism is new, it's been around even since the time of the early apostles and through these thousands of years the church has only waxed stronger. Should common sense not tell you that for something to have such a strong and enduring momentum in the face of constant friction, there has to be a real force causing its sustenance?

Seun:

I think extra-marital affairs are almost always wrong, because you are breaking a promise you made and deceiving someone who is committed to you. The whole purpose of marriage is exclusivity. You are picking a person to be with and forsaking all others. Affairs defeat this purpose.

I recently read a story about a man whose wife was wonderful and a good mother but the only issue was that she refused to have sex with him sometime after they got married. She wasn't interested in it at all. So he decided to indulge in discreet affairs to satisfy himself. I judged him not guilty.

And whom do you think you are to judge? 'I judged him not guilty'. funny.

you could have said ' I didn't think of him as guilty' or 'in my opinion, I'd say he isn't guilty'

You sometimes think too highly of yourself than you ought to. That's something the Christian faith would have fixed up in you.

Seun:
nigeriagospel: Is it possible that the reason they look “haggard and poor” is because they are actually poor?

that's because they are church people shey? Yours is a really terrible prejudice.

Modest, humble, simple. That's what you should think of them not poor. College dons who look haggard. You wouldn't call them poor, especially if you know them to be folks who don't associate with the church.

Seun, why waste your efforts on a fruitless mission? no matter how much you rant, do you really think I can exit my faith? so it is with every true Christian. We've seen enough and we're more than motivated to keep the faith. The only people you get 'likes' from are those who except for God's mercy are already being shipped straight to hell. What if we're right? would whatever you get from this cause be worth having your soul burn forever?
Now, what if we're wrong-hypothetically- what do we have to lose? nothing?

It's like buying a stock for zero kobo and it has the potential of reaching 1000kobo. If it moves, we cash in on the profits, if it doesn't, no cost incurred so we're completely fine.

You know what? if heaven and hell don't happen, kill me! That's my way of saying that I am more than absolutely sure of the reality, and I can surely bet my life on it. So you better repent. Infinity is too long a time to burn for o. if you like continue, you're on your own.

Seun:

You need to post the details of your situation so that people who faced the same situation in their lives and escaped from it can give you the best advice on how to do the same. Fasting will only help you if your problem is that you are too fat.

Just like you telling a sick patient 'prescription drugs will only help if your problem is that you need something to run through your mouth'

That's your ignorant self thinking he knows more than the doctor. I pity the fool who takes his cues from you. Blind leading blind. Where else are they headed? Doom!

Seun:
Why would God allow the spirit of the Antichrist to rule his creation? This is like allowing Shekau to be the president of Nigeria. It seems like a very bad decision to me. What am I not understanding?

Everything. That's what you're not understanding.

Seun:
I guess the main problem with the atheist position is its unpopularity.

We can fix that by engaging religious people in constructive conversations more often. Helping them to see that not only is there no good reason to believe that any God or gods exist, but that we can have better morals, success, happiness, health, family lives, etc in our societies without believing in any God or gods.

You really don't know how annoying it is when you with the problem think it's you who should help.

You'd only have an idea of what your ignorant pride infuses when you-a programming expert- talk with a high school lad who argues blindly with you on programming, thinking it's him who should educate you.

Seun:
akpunda86: What makes you believe that Christianity is “very real”?

What makes you believe the internet is real? Have you seen it? can you hold it?

We have tried Christianity and we're more than sure it's real.

Cation:
Me too o I am waiting for higher rates.

You may want to go long on 15% now. I don't see 17% anytime soon. Except perhaps a new man takes the helm at CBN. I wish Emefiele would be made to serve another term though.

Happy new year everyone.
In this new year, I'll advise two things:

1. Commit your endeavors to God, and position yourself for His blessings.

2. Seek opportunities aggressively.
In 2016, some folks turned 70m to 140m buying dollars.
In 2017 lots of people were able to double their funds in the stocks market between April and Jan. 30m in FBNH for instance became as high as 145m.
In 2018, some people have been able to turn 90m to 215m within 3 weeks buying DIAMOND.


So these opportunities seem to always come every year. No one can be sure what it'll be or when it'll come, but one thing is certain when it's about starting, we'll become aware, but only those who are prepared will partake.

So seek this year's bounty harvest opportunity aggressively, and prepare well enough by having adequate capital to take position when it comes.

Happy new year once again. God bless our efforts(hussles as some'd like it called).

just want to say a big congrats to @Yayira. Any one who would shun every noise and discard the 'cut losses short' principle to be able to hold on even while the turbulence increased has earned their success.

Yours has really been a good inspiration to me. I know for sure now that losses may endure for 11 months, but surely jaw-breaking profits come in December. (I'm not saying I have losses o)

And while someone who holds 1m unit may be in a hurry to sell. With your own kind of size, I wouldn't suggest you sell just yet as you know what difference every 10k rise implies.

the rights will expectedly bring in 75bn, after paying for diamond, there'll still be about 50bn that gets added to the shareholders funds. That'll have some positives.

Happy new year to everyone.

Indigbo:


Ok, is it possible all my 9.6 could be wiped out just like that because of inflation or its only the profit that can be wiped out? i thought capital is 100% guarantee even if all profit is wiped out because of inflation or whatever?

Gonfreecss1, you see what you've caused now? someone is there thinking his 9.6m will be gone to devaluation by next week.

[just joking o]

Dear Indigbo. Please wait till maturity for your bills since it's just barely a week as you said. by the time you're reinvesting you can diversify to a bond mutual fund as buying eurobonds directly may not be feasible with only a portion of the 9.6m. I hear it's done with sums in the neighborhood of 70m.

I am kinda more aggressive about yields which is why as long as I see meaningful stability with rates, I'd choose a 16% NTB over a 7% eurobond. That's just a personal style though. Our circumstances aren't the same so our investment decisions shouldn't be.

GonFreecss1:


So because the CBN governor said so, it must be true? He can surely see the future. Maybe I will meet him and ask him to predict if I will live for a 1,000 years? Of course he will always say optimistic things!

But then again, he was the same person who complained that Banks are only buying Treasury bills and not lending people money. He complained that banks should be a form of balance to the economy. So why is he not happy Banks are buying Tbills? He should be thrilled. He should be ecstatic, banks are helping to mop up excess Naira supply too by buying Tbills. Less naira in supply, why is he frustrated about it?


Hahahahahahahahahahahahahahahahahaha


Common guys! When Dr Barry went to Goldman sachs to bet against the real estate market, they laughed at him. He was even worried they wouldn't be able to pay him, they laughed still... we all know what happened at the end and who laughed last. Can the naira improve? Of course! But because the CBN governor said so? Hmmn... we have short term memory in this country.

Of course if Emefiele makes talks on this matter, then more than anyone else in the world, he is to be taken seriously. Short term memories? When has Nigeria ever been able to double Its reserves or have exchange rate stability for almost 2 years running with a sub $80 oil price. These monetary guys are certainly doing much better than their predecessors.

Short memories? What was the talk when the CBN flooded the market with dollars in April 2017, was it not that the interventions weren't sustainable, that reserves would get depleted?
Those speculators who waited for the CBN to tire out what was their fate?

Yet reserves went from $30bn at that time to almost $48bn.
Then we've had to cope FPIs exit and August holidays demand, reserves are recovered back above $42bn.

On why CBN wasn't happy with banks doing TBills,
that's not too hard to figure now. We didn't say CBN gets excited when banks do T-bills, we only said, to achieve their core objectives of price stability and exchange rate stability, they will always suck up excess liquidity from the system. That doesn't mean they desire excess liquidity to be available for them to suck up. Actually, they prefer that the liquidity gets sucked up via lending to the real sector, as it's cheaper for them that way and healthier for the economy, especially one that's just exiting recession.

But like I said earlier, it's up to o a bank how they manage their balance sheet. so while the CBN's preferred option is real sector lending, it can't force it on any bank. all it can do is make its bills less attractive to dissuade them. And that it did crashing NTB yield from a peak of about 23% to as low as 13%.

vacanci:


Have had of the FMDQ OTC FX FUTURES?

that's CBNs strategy to help speculators who expect the dollar to rise, get their hands burnt. It is a way of reducing present demand in order to cub hike.

Investors are already buying into the future and as of November 30, FMDQ published November 2019 rate of about 366 Naira to a dollar.

August 2017 dollar was 360.
November 2018, dollar could not gain up to 2%

Why will someone think of hedge.

CBN has seen the worse in 2016/17. They are better prepared this time around and speculators will get their fingers burnt just like the 520 to 360 crash. This were Emefiele's words yesterday.

we've been through $27 per barrel, reserves have almost doubled from the $22bn lows of 2016. The largest portion of FPIs panic exist has been settled.

So, certainly sir, the worst is behind us.

Now, to Gonfreecss1:

A report also says FX import bill has reduced significantly.
one small proof of that is the fact that L'oreal, Biersdorf, and Wilmar, makers of Softsheen Carson® Sporting Waves, Nivea, and Kings vegetable oil have all set up production facilities in Lagos due to the 41 item Fx restriction list which includes Cosme tics and veg. oil.

so these 3 brands and more no longer form part of our import bill. And while you may want to argue on repatriation, you should note that it would only be on the portion of the profit that's attributable to the foreign equity holders of these firms. This may be as low as just 5% of gross sales.

few opinions:

First, I don't see the naira suffering any major loss in the near term. Earlier last year there were projections, and even "prophecies " that the dollar would reach 1000. Most analayst earlier this year forecast 410 as what the official rate would be around November. It was yet relatively stable.

Reserves will certainly find at the $40bn mark. It's actually back up above $42bn. Oil prices will likely climb back above $60 for each Brent barrel.

one thing with my forecasts though is that I can influence things spiritually to make them true.

If you ask me, except you're buying euro bonds at 8% or more, NTB at 16% yield currently makes for a better deal-at least for the next few years.


On how NTB helps the naira, IT CERTAINLY DOES. REALLY WELL ACTUALLY.

You see, for most folks, dollar is sourced directly or indirectly through the CBN.
Now when you want to buy, you must have the naira to bid at the auction.

At any point in time, even though banking system assets are above N36tn, the liquid portion that can be used for banks for any purchase or payment is often just about 1%. N360bn. There are times the entire banking system doesn't even have up to N100bn.

So at such at time, if the CBN offers say $500m for sale at an FX auction, it may not get to sell more than $200m. basically cos it had succeeded in draining liquidity via OMO.

If proceeds of NTB and FGN bond auctions hit the system hit the banking system today via FAAC disbursement, you may see system liquidity rising to say 700bn, but it won't be more than just a few days before the CBN sucks the excess up via OMO, so that by the time they're having an FX auction, there'd be just enough funds to make a limited bid for FX.

So, while proceeds of NTB, and FGN bonds get back into the system via government spending, the CBN sucks up whatever they consider excess from time to time via OMO, this time, OMO cash stays with the CBN, and doesn't get back into the system until whenever they want. So it's just than banks' claims on the CBN that rise, liquidity may be pretty low.

Now why does the rate have to be high.

Well basically, the fact that the CBN wants to suck up via OMO does not mean banks are under any obligation to buy those bills. It's a choice a bank's management would have to make between keeping dollar assets to reap potential revaluation gains and buying naira debt assets to earn juicy interest. so the rates have to be juicy.

In 2016, while GUARANTY had close to N100bn in revaluation gains, ACCESS actually had a revaluation loss, implying that the way banks choose to manage and denominate their balance sheets is entirely up to them.

I'm quite happy with the MPC guys and I'd give them kudos for their job with the naira.

wura2020:

Which bank pays interest on domiciliary . I am interested.

I guess most banks. just do dollar FD.
The 2% is what I'm not sure of.
I think for Stanbic, you'd have to be investing $1m or more to get up to 2.5%. perhaps 1-2% is more common place.

Nnamz:


Believe me I'm thinking of introducing him to this tbills stuff. Although he did get 18% in his fixed deposit, but he should see reason with me once I tell him that even with a lower interest in tbills, he could reinvest that interest, and still reinvest the interest from the reinvested interest. That way he's making more from compounded 14% interest, than just waiting for one year for 18% interest

18% FD is effectively 16.2% net of WHT.
14.5 Tbills is 16.96% true yield.

Diff of 0.75% per annum on 415m is more than 3m. Maybe dad should be dashing you that difference yearly, if it's too small to impress him.

condom:
Wipe out implies making tb capital and interest useless. For example, according to statistics within the next five years the value of Naira against other major currencies will fly near or more than N510/$ (this already happened in 2016).

Now, If A and B has $100,000 each and A converts and invests $100,000 in TBills while B decides to smoke weed with $100 and keep $99,900, funny enough after 5 years B will still be richer than A.

But there are ways A can do slightly better than B by taking educated risks. In an unpredictable economy it is advised not to be a greedy investor.

While I certainly agree with you sir on the need to hedge ogainst currency risk, We also need to fully explore the alternatives:

1. Doing NTBs at 14% average yield will turn your $100k to about $141k in 5 years should the naira crash from 360 to 510 in that period.

2. stashing your $100k in your dorm would leave you with about $99k or less in 5 years.

3. doing US bonds, bills or notes at about 4% would turn the $100k to about $121k.

4. doing eurobonds at about 7% average would leave you with 140k.

However like I often like to think, timing is really key with investments.

Some people bought dollars at 250 and sold at 510, while some others bought at 520 only to sell at 380.

Investment should be a smart man's business.

Happy new month to us all!

Seun:
The Jesus of the gospels would have ed the eating of blood if he thought it would benefit his disciples, not to mention transfusions:



To me, this is an open and shut case. Regardless of the political decision of Acts 15, Jesus himself declared all foods to be clean. Even blood.

cc: OneJ, JMAN05, eyingueje, capitalzero, and achorladey, triplec93

What are you saying now? Since when did the definition of food cover blood? I say "you may eat all food" You interprete as "you may eat blood"

Classifying blood as food is something you only made up for whatever silly reason.

Seun:
Can the spiritual realm cause an amputated leg to grow back in the physical realm?

Certainly. Easy to give too. To receive in the physical is what would involve your knowledge and faith.

Seun:
You can command a husband and wife to be kind, respectful, and seductive to each other, but you can’t command them to love. People can’t control their emotions, but they can control their actions. The Bible should be updated to reflect this understanding.

People can be kind but they can control their emotions? how do these add up?

Seun:
You can command a husband and wife to be kind, respectful, and seductive to each other, but you can’t command them to love. People can’t control their emotions, but they can control their actions. The Bible should be updated to reflect this understanding.

Or your own thinking should be enlightened to understand that people really can and should control their own emotions.

And you should not only love your spouse, but even your neighbours and enemies too.

And while this may seem undoable to you, because you often think you got everything figured, my 10-year old nephew would perfectly understand that all it takes to love anyone is to do to them as you would have them do to you. Treat others just as you would your own self. Basic.

Seun:



Where do you think the Christian practice of speaking in tongues came from? Certainly not Jesus, who said “do not babble like the pagans”

There you go again with your ignorance. How does Jesus' statement of "don't be like the pagans" imply "don't speak in tongues" is there even the slightest bit of correlation?

Try to only make assertions on things you have ample knowledge of.

Seun:
Your prayers don’t have to be long and repetitive. Just say whatever is on your mind, wrap it up, and get back to your productive life.

“And when you pray, do not keep on babbling like pagans, for they think they will be heard because of their many words. Do not be like them, for your Father knows what you need before you ask him.” Matthew 6:7-8. The Lord’s Prayer, given by Jesus, is less than 1 minute long.

You know this, yet you on argued that "god'' is a being that would expect you to rant endlessly before he listens.

Seun:
A good understanding of the bible is very useful.

Something you could really use.

Boeh:


Would CBN ever list its shares on the NSE?


NB: In case some of you are not aware, the shares of Swiss National Bank, Bank of Japan, National Bank of Belgium, Reserve Bank of South Africa and Bank of Greece are publicly traded.

But they've been making losses now. So how would they pay us dividends?

zamirikpo:
Pls what are the rates for Wednesday's auctions.

Excerpt from Nairametrics:

The DMO consequently rolled over the total amount of maturing T-bills at slightly lower rates; -10bps and -19bs on the 182- and 364-day bills, while the 91-day bill remained unchanged from previous levels. The stop rates for the 91-, 182- and 364-day bills cleared at 10.00%, 10.40% and 11.30% respectively.

Desanta:


FBN 364 days bid was lost.
They just refunded my .

If I bidded for myself, I would have lost too, cos I would have done something in the 11.5-11.75 region.

This DMO na wah.

Gilbertkwabena:
Hello am Gilbert by name, a half Nigerian and Ghanaian. Am into Haulage business( we carry natural resources) and presently I was awarded a contract with Ghana Manganese to haul/transport Manganese to Takoradi Port. I need an investor/partner to come on board so we can execute the contract together. My line is +233559801073(call or whatsapp). Any facilitator also will be compensated based on agreement. Thanks

Things like these are why you need to establish lines of credit for your business.

Talk to your banks. Credit cards, overdrafts are some of the quick offers you may get.

I don't know how things are in Ghana, but you could also try microfinance institutions. There are some in Nigeria that'll give you up to NGN 4m within 24 hours.

Reasons like these are also among why you should build good relationship with friends and family. They'd be more likely to come through for you than those of us here.

If people still ask once a while how safe T-bills are, trusting a stranger with their funds may not be very likely.

Have a successful contract execution sir.

1stNumeroUno:
Hi Experts/Pros, I've been reading from page one and I need to confirm if what I'm assimilating is correct.

Let say I've TB offer of 10% for 91days tenure from my bank (secondary market) and I'm doing N1m. Does it implies that I'll pay 900k at inception and I'll be given N1m TB certificate. At maturity (after 91days) I'll collect my 900k and go home with N20,250 as interest?

Good thing you know your interest wouldn't be 100k.

It would be 25,000 ( I don't know how you got 20,250 though)

So at inception, this 25,000 is discounted from the face value of your investment.
I.e 975k is debited.

On maturity, you'd get 1m credited to your .