after Watching Billions last night, I think some people in wall street are interested in profiting off our currency

A big thank you to my nigerdelta brothers who heeded the plea for peace from Osinbajo..

Without the nigerdelta, Nigeria is useless

way to go

CBN and BDC

I trust PMB, he will crash the dollar to a naira soon
If you believe he can do like....

Dottore:
Make I go sell my dollar. I'm already at 11naira loss

You go sell am @ #250/$?

Good news

jbcul4ril:
I trust PMB, he will crash the dollar to a naira soon
If you believe he can do like....

For your information, PMB is still in Naija and he's aware of the fight against speculators

can't they jus close their eyes and inject more Money to drop d Xchage rate to 150 per $??

at least mek we for praise this Administration for once!

AngelicBeing:
Na wao oo, it is time l bring my loot of 10 Billion Dollars out now and exchange it to Aboki because Buhari will make me go out of business

Lol

So e neva reach #145 wey e dey b4

seguno2:


Thanks to the rising price of crude oil.
Not groundnut oil oh.

Oh! Really? The Naira depreciated because of crash in the price of crude oil?

I thought it was because of Bubu's bad policies.

eminikansoso:
The best solution is when we have excess supply of dollar over its demand.

which is imposicant,the best thing is for cbn to buy and sell to all parties Government inclusive at the same rate.

For what exactly? He met it at N250 per dollar. After they have made mad ass gain for 2yrs, dem cum tire. Wake up and direct ur blessings to ur family. They need it more kid.

Benekruku:
God bless His Excellence, President Mohammadu Buhari (GCFR)


God bless The Federal Republic of Nigeria

If you are in the US or have relatives in the US trying to send money to naija, I will exchange the funds at 385/$, simply deposit into my US bank account and receive instant funding into your Nigerian account. Don't bother with western Union and co, they exchange at 375/$ with fees and the exchange rate drops to around 345/$...

Contact in signature..

bettercreature:
Lol its going to be difficult to see a currency that appreciates higher than central bank rate

SURE

989900:
N405 @ Ikeja right now.
N400 @ Ibadan.

Time for speculators and hoarders to count their gains and losses and move on, or remain adamant and lose all.

Once black market merges with close to Western union, trust me, we are headed for N320 to a dollar in few weeks at the minimum!

I wished it crashed to 200/$ sef, because its of benefits to us all. fvck all speculators/hoarders

Nigerians have succeeded in forcing FG to continue to subsidize naira-dollar exchange rate instead of to allow it appreciate by itself through production of goods and export.

989900:
N405 @ Ikeja right now.
N400 @ Ibadan.

Time for speculators and hoarders to count their gains and losses and move on, or remain adamant and lose all.

Once black market merges with close to Western union, trust me, we are headed for N320 to a dollar in few weeks at the minimum!

Black market?

It is time for dollar speculators to accept that the ride is over.

deflover - take note, your prediction (https://www.nairaland.com/3658624/osinbajo-tamed-dollar) has failed. No need for panic buying of the dollar.

At AbokiFX, usd to naira is currently 420 / 430

mokset123:

Lol

Yes oo, Jonathan gave me 10 billion Dollars, l hid it in 6 places in Nigeria, part of it was with my NNPC guy in Kaduna and the guy messed things up for me, the remaining 10billion dollars will be flooded into the street next week, dont tell Buhari or EFCC

amanze15:
after Watching Billions last night, I think some people in wall street are interested in profiting off our currency

U self see am abi, and thats what is happening in real world o, not just movies

When the northern emirs who have hoards of naira finishes buy up the dollars in exchange for the worthless naira, the dollar will go up again

Dottore:
Make I go sell my dollar. I'm already at 11naira loss

speculator spotted

lailo:
Nigerians have succeeded in forcing FG to continue to subsidize naira-dollar exchange rate instead of to allow it appreciate by itself through production of goods and export.

Do u know how many yrs that will take.

I will not make any comment untill naira back to 125 naira to 1 usd.

It's still a temporary solution to the problem on ground. Until our non oil sector booms, naira will linger around 400 to $1

martineverest:
it will never be possoble....CBN wont even do it.

300 will be ok,so as to protect/encourage local manufacturers/producers..

This upshoot of dollar is a blessing in disguise

it would have been a blessing if nigeria was a manufacturing country.

Nusaf:
Oh! Really? The Naira depreciated because of crash in the price of crude oil?

I thought it was because of Bubu's bad policies.

Buhari's bad policies made the bad situation worse.

Buy dollar and keep my people. All this injection na hoax. Buy buy buy. OPEC is contemplating another production cut as we speak, cos oil is headed below $50. If you love your education or your business buy and keep.

The CBN is just using this opportunity to allow people cash out of the economy. Every week hundreds of millions released shey na school fees them dey take am buy? I wish I had money, to buy enough and keep.