I remember when I could buy a bottle of coke for #10. That was around 1996. Naira was strong. Bata shoes then were like #200 for a pair.

Now, our darling naira ain't so darling anymore. What has gone wrong over the years? Many reasons have been given.
* Nigeria imports too much
* We produced next to nothing for export besides oil
* Corruption
* The activities of the black market
*Tinubu

Whatever it is, it's not looking good. I never thought I'll see the day when I'll exchange a dollar bill for #1000. I did recently. There were these dollar bills I kept as souvenir since 2010. Then a dollar was less than #200.

I changed them for #800 each in early February.I asked the aboki how much he would sell a dollar back to me and he said #1400.

Since then a dollar had exchanged for close to #2000. Some Nigerians rejoiced at this , they were of the opinion that it showed they were right to have voted against the present president.

These days the naira is fighting back. Yesterday it was #1460. This afternoon it is #1412.

What are the naira's chances? As goes the naira, as goes Nigeria. On this thread I've decided to turn myself to a monitoring spirit and talk about the naira's chances, hence Nigeria's chances.

#1424 now. From #1412 this afternoon. Lost #12