Joe

FX trader, Business Analyst, Cryptocurrency Trader & Promoter, and Mbagwaza Village Boy

[Joe @demandnature]

@fundingpips I hope to be patient enough to stick to my strategy for long term growth and consistency

[Joe @demandnature]

@Fairy_Trades @fundingpips $25k two step FundingPips challenge account 👍🏿😊

[ØLU @iamthepreence]

I feel you might need this. ✌️

[Nigerians in the UK 🇳🇬🇬🇧 @NIUKCommunity]

https://t.co/4SY5lprw70

[SK the Plug 🔌 🇬🇧🇬🇧 @DHKRULLAH]

Step by step process of applying for a US visa from the UK, including some likely interview questions. It’s a thread 🧵

[Olaudah Equiano® @RealOlaudah]

These STICKERS on FRUITS (mostly imported) do you know what they mean? Very important information.

I hope you can benefit from it. If there are 4 digits and the first digit is 3 or 4, it means that this fruit has been sprayed with pesticides. It must be well washed before consumption.

If the number of digits is 5 and the first digit is 9, this indicates that this fruit or vegetable is organic (and is considered the best type) If the number of digits is 5 and the first digit is 8, that means that the fruit or vegetable has been genetically modified and dangerous to health.

Your HEALTH is PRICELESS. Take care of YOURSELVES!

PASS THE MESSAGE TO OTHERS, PLEASE.

Culled

[DGov @omoluabi1sq]

Would Wike remember he ever granted this interview?

[OurFaveOnlineDoc 🇬🇧 🇳🇬 @OurFavOnlineDoc]

If you know any Nigerian currently living abroad, or if you are a Nigerian planning to relocate abroad for the longterm, you should watch and share this video. Let’s not make the same mistakes as some of our elders.

There’s a lot to learn:

[Omega X D 𝕏🤴🏽 @OmegaXDreams]

Eedris Abdulkareem is back with another song!!!

Burning issues in Nigeria 🔥🔥🔥

[Zain Kahn @heykahn]

AI has changed the job-hunting process forever.

Use this ChatGPT cheat sheet to get ahead in your career.

[SK the Plug 🔌 🇬🇧🇬🇧 @DHKRULLAH]

Message from UK Home Office. I’m keeping this here to make reference to it in atleast 5 years time (God’s willing 🙏) let’s see if anything changes 😀

[Field Marshal of the Han Dynasty @General_Oluchi]

1 President
1 vice President
36 Governors
24 Federal ministers
109 Senators
360 House of Representatives

Yet Nigerians are overwhelmed by hardship. How can 531 leaders be so corrupt and can’t get anything right? Every election year, Nigerians repeat the same mistakes and expect a different result.

Nah! This is a people problem. I hate when people say it’s a leadership problem without telling us where these 531 people came from! Are they not Nigerians living in Nigeria? Replace this set with another set of 531 people and you’d most likely end up with the same corruption.

[Rahul @sairahul1]

RIP web developers.

Imagine building a website and ranking on Google, in a matter of minutes

Here's how anyone can do it:

[ Bookmark to use later 🧵 ]

[Donpir @don_pet]

House prices varies from £50k to £10m depending on the city, house, flat, bungalow? So it depends on where and what your taste is

[Nigerians in the UK 🇳🇬🇬🇧 @NIUKCommunity]

Ready to level up your property investment game in the UK?

Join our full-day seminar, where experts like Karo Orovboni, Sam Giwa, and Ade Fadaka will share invaluable insights!

Date: 11th November 2033
Time: 9 AM - 5 PM
Location: The Main Meeting House, Birmingham, UK
Price: £50 per delegate

Limited tickets available. Secure your spot now to unlock new opportunities in the property market!

#PropertyInvestmentSeminar #UKProperty

[Saga @Okusagaro]

Application process and requirements for student Visa in Australia.

https://t.co/kO0RlUuDln

[𝑆𝑢𝑚𝑚𝑒𝑟 𝑂𝑘𝑖𝑏𝑒 @TheSummerUKnow]

📍If you're looking for a job, please do the following now:

1. Paste your CV in ChatGPT and tell it to write a cold email or cover letter to a recruiter.

2. If you want to attach your CV as a PDF; use Claude AI. It will give you formatting and role tips.

NB: rephrase, review and edit when ChatGPT is done.

Good luck ✨

[Kalu Aja @FinPlanKaluAja1]

CFA Explainer.

The CFA Franc is the common currency for 14 former African French colonies.

It was created by France in 1945. Two currency blocs with CFA currency were created: WAEMU for West Africa and CAEMC for Central Africa. You can't convert the West African CFA to the Central African CFA.

The CFA was pegged to the French Franc at a rate determined by France. The peg extends to the Euro. In essence, the CFA France is a French-issued currency pegged to the Euro at a rate fixed by France designed to be used in Africa by Africans. France guarantees conversion from your CFA to Euros.

Remember to keep a peg; you need reserves, so which funds are used to guarantee the peg? The African reserves, of course This is how it works: the West African nations that use CFA keep their deposits at the Central Bank of West African States (BCEAO), and the Central countries that use CFA keep their reserves at the Bank of Central African States (BEAC). Then, the BCEAO and BEAC must deposit 50% of their FX reserves in France.

I explain: when Niger and Gabon sell Gold and Crude oil, they deposit export proceeds into BCEAO and BEAC. Then, these central banks must maintain at minimum 50% of those export earnings $ in France.

France also demands that foreign exchange they hold in "trust" for the African States must exceed the money supply in the African nations by at least 20 times. Thus for Niger Republic to issue $1m in CFA equivalent bonds or debt to spend locally, they must have $20m in reserves in France, which begs the question, why should poor nations maintain a reserve in France and then get expensive loans from the West?

So France gets Gabon's oil sales, then sends Gabon a CFA paper to use as currency. The exchange rate is also set by France so that France can build a premium in that exchange rate. If you stretch this, it's France that is exporting, not Niger or Gabon. CRAZY!

It also means the policies of the EuroZone are what is imported into Africa. How do the economic policies of Germany and France align with Niger or Gabon? Germans are older, worry about inflation, and have lower growth; the Niger Republic is younger, requires faster growth, and can sacrifice inflation for that growth.

Pegging CFA to Euro is like attaching 100kg leg irons to the economy of Niger Republic, which then can't run fast. What is the benefit of low inflation if you can't grow the economy and create credit and jobs to create consumption?

Imagine being mandated to send 50% of your income to your dad. You could only buy a new shirt costing N10,000 if your dad had N200,000 of your cash with him? Would that be fair?

The CFA is monetary slavery, literally and figuratively. Amazingly, it has lasted this long.