Speculators lose big as Naira rallies across markets, trades below N900/$1 at P2P -

https://nairametrics.com/2023/11/03/naira-rallies-as-exchange-rate-trades-below-n900-1-on-p2p-exchanges/

AGBADORIANS (TINUBU) 10 - 0 (POTHOLEBI) IPOBIIOTS

kolawolemonsuru:
AGBADORIANS (TINUBU) 10 - 0 (POTHOLEBI) IPOBIIOTS

Some of your are just foolish beyond doubt and redemption. So the dollar freefall is brought about by IPOb ryt?? You do know the prices of almost everything is skyrocketing and the excuse have always been that we don't export much. Why is this suddenly a fight between Agbadorians like you term it and IPOb

Nbote:


Some of your are just foolish beyond doubt and redemption. So the dollar freefall is brought about by IPOb ryt?? You do know the prices of almost everything is skyrocketing and the excuse have always been that we don't export much. Why is this suddenly a fight between Agbadorians like you term it and IPOb

Positive news always pinches you guys.

Which way?

Roboto11:


Positive news always pinches you guys.

Which way?

The foolishness some of you exhibit is nauseating. Point to me anywhere my comment made reference to the news ? Seriously some of you are really really low when it comes to use of senses

Roboto11:


Positive news always pinches you guys.

Which way?

You have said it all and they guy got the message 100%


IPOBidients are only happy whenever there is bad news

We all know they will be sad seeing the topic and many would disbelieve as well


They are bitter souls 😀😀🤣🤣🤣😀😀😀

By the time Dangote refinery start producing locally I pray we will have more good news to celebrate regarding Naira vs dollars

Nbote:


The foolishness some of you exhibit is nauseating. Point to me anywhere my comment made reference to the news ? Seriously some of you are really really low when it comes to use of senses

Mr. Man search your soul.

You are unhappy about this news as little a gain that it is.

Nbote:


Some of your are just foolish beyond doubt and redemption. So the dollar freefall is brought about by IPOb ryt?? You do know the prices of almost everything is skyrocketing and the excuse have always been that we don't export much. Why is this suddenly a fight between Agbadorians like you term it and IPOb

Oh you don't know how they roll?
They wasted 8 yrs of Buhari attacking Igbos but end up putting Nigeria as the poverty capital of the world.
Now the same pattern is been adopted by
these kids & jugheads to make their shallow comments.
If you want plenty of likes & support from poverty stricken brains just attack Igbos & her interest.

Nbote:


Some of your are just foolish beyond doubt and redemption. So the dollar freefall is brought about by IPOb ryt?? You do know the prices of almost everything is skyrocketing and the excuse have always been that we don't export much. Why is this suddenly a fight between Agbadorians like you term it and IPOb

its like you are new on nairaland. First thing about nairaland is that there are too many empty kids here talking trash. Many hide under ethnic bigotry. We ignore them most times. The mods are backing some of them so if you ride rough like them you will be banned. Some jobless kids are actually paid to attack anybody that seems to be igbo

Nbote:


Some of your are just foolish beyond doubt and redemption. So the dollar freefall is brought about by IPOb ryt?? You do know the prices of almost everything is skyrocketing and the excuse have always been that we don't export much. Why is this suddenly a fight between Agbadorians like you term it and IPOb

who is this Balablueipobian ? Why can't you welcome the development as a good thing for now and we pray thing get back to good .or na only bad things set sweet you ni?

[quote author=Ola9ja23 post=126777444]
You have said it all and they guy got the message 100%

IPOBidients are only happy whenever there is bad news
We all know they will be sad seeing the topic and many would disbelieve as well

They are bitter souls

Roboto11:

Positive news always pinches you guys.
Which way?

see more bad news .com

Theweekend:
see more bad news . com

You Don Mean Am?

kolawolemonsuru:
AGBADORIANS (TINUBU) 10 - 0 (POTHOLEBI) IPOBIIOTS

see more bad news .com

Theweekend:
see more bad news . com

What Do You Really Want To Do?

This is great news for Nigerians.

post=126778012:

You Don Mean Am?

i don mean am tey tey more bad news to dem

post=126778062:

What Do You Really Want To Do?

bring more bad news to dem

Theweekend:
bring more bad news to dem

Don't Forget, Na Where, Dey Work, Na There, Him Dey See Him Own Food CHOP

post=126778406:


Don't Forget, Na Where, Dey Work, Na There, Him Dey See Him Own Food CHOP

abi no be lie

Theweekend:
abi no be lie

Blogging Business, Is Girlfriend

More loss for them.. Naira will continue to appreciate.

flokii:
More loss for them.. Naira will continue to appreciate.

True

it went below 800 today, i think 797 or so, before gaining small. Let it continue the downward trend and harmonize the IandE window until december. Then may be it will find its true value especially when major dollar dependent products (petroleum stuffs) start locally.
Thats when all those speculators will really get burnt well because the remaining forces wont be enough to drive it crazy. Enough of all these dollarization of naira. If everything kuku wan dabaru, make america announce today that they are redesigning the dollars and the current one will seize to be a lerger tender within a year. You go see how dollar will flood the market. But thats a wishful thinking

The mumu speculators will begin panic sales of their dollars.
And the game NEVER even start self, I wrote about how it will all play out, on October 25 to be precise.
Financial sharks are coming into the Nigerian financial markets, speculators are about to become big players brunch.
They are about to be played, head or tail they'll loose.
Most of those speculators will end up broke, they better start looking for another job.

May God Almighty suffocate all dollar stealers from naja vault

ryloy:
Speculators lose big as Naira rallies across markets, trades below N900/$1 at P2P -

https://nairametrics.com/2023/11/03/naira-rallies-as-exchange-rate-trades-below-n900-1-on-p2p-exchanges/

P2P loses, more to come. So, cut your losses and run because the fundamentals and warning signs are very clear...

Nbote:


Some of your are just foolish beyond doubt and redemption. So the dollar freefall is brought about by IPOb ryt?? You do know the prices of almost everything is skyrocketing and the excuse have always been that we don't export much. Why is this suddenly a fight between Agbadorians like you term it and IPOb

Because Igbos and Obidients always jubilate and mastubate on bad news.

KEVIND:


Oh you don't know how they roll?
They wasted 8 yrs of Buhari attacking Igbos but end up putting Nigeria as the poverty capital of the world.
Now the same pattern is been adopted by
these kids & jugheads to make their shallow comments.
If you want plenty of likes & support from poverty stricken brains just attack Igbos & her interest.

What are the igbos interest?

GOOD. BRING IT DOWN TO N500:$1. NO ROOM FOR ABACHA TYPE OF LOOT AGAIN IN NIGERIA..

CONVERT YOUR DOLLARS TO NAIRA AND INVEST IN LOCAL INDUSTRIES AND EDUCATION.

Hoarding Dollars. by donmaxman: 6:51am
You know nothing about exchange rate. This will not stand the test of time. Imagine borrowing 10 billion dollars to salvage the naira. What happens after the money finishes? The debt would have to be paid back with interest in dollars. The only sustainable way to grow the naira value is by production and not by voodo economics or by foreign direct inflow. FDI is almost zero for now. No investor takes Nigeria serious anymore. The currency is unpredictable. The diaspora remittances that use to come through western union and money gram and prop up the naira has dried up because the Nigerian banks were taking our dollars and giving our family naira at CBN fixed route. Now no one routes money through that means instead foreign apps collect the forex and credit your naira account from their Nigerian account at the black rates shutting out CBN and making Nigeria lose completely. Emfiele realized this and tried to attract the diaspora earnings but the damage and trust has been broken forever and this heavily impacted on the naira value. Nigeria will have to fork out more dollars in the future to pay the 51 billion dollars foreign debt. Don't be fooled by this gimmick, the foreign reserves have been depleted. Crude oil earnings have depleted. Nigeria is competing in the same market with the USA and Canada to sell crude. Most of us in the diaspora are thinking of selling off our investment in Nigeria and repatriating the funds to safer clime because we know your naira is useless. Imagine a former president printing 72 trillion naira without national assembly approval and without consequences . Can you invest in that kind of country? Bro forget naira is almost toilet paper or monopoly money. No body that is wise stores his wealth in naira. Pressure for forex is far more than the income. My only regret was even having some of pension and assets in naira. Forget Naira!!!