The zoo in its glory

That worthless tissue paper you call Naira will exchange for 300 by Feb 2016

What do you produce?

You steal money from Biafran oil and congregate every month in Abuja to share it

Then you use the money to Import tin tomatoes, rice and sardine and the remaining you use it to host a Q'ran reciting competition.

Baboons everywhere

exlinkleads:
The Naira on Monday fell freely at the parallel market, as scarcity of dollars paralysed activities.

It lost N3 to exchange at N241 to the dollar on Monday afternoon, after it traded for N238 to the dollar on Friday. The official inter-bank rate remained at N197 to the dollar. Traders at the market said that the scarcity of dollars had crippled activities at the market.

They said the situation was worrisome and urged the apex bank to ensure that more dollars were sold to meet the increasing demand of the currency. Also speaking, an operator of Bureau de Change (BDC), Harrison Owoh, noted that the CBN sold forex to BDCs only once last week. - See more at: http://www.exlinklodge.com/2015/11/naira-in-free-fall-as-dollars-scarcity.html#sthash.sPZt0PiD.dpuf



cc lalasticlala

Poo info, as at this morning it was #199 to a dollar

madridguy:
Why hating? When the media talk about the positive response we're getting from TSA you people will be shouting GEJ our hero but now that PMB and his new team are trying to work things out you are here wailing. GEJ bastardize every sector before leaving for Otuoke and with time PMB will get it fixed. I can help you to Cotonou and when PMB his done I will call you back. I repeat, PMB one year will be far better than 16 wasted years under PDP.

Broda, you've not said anything here.

My question is why should a dollar equate to #241 during our sai Baba's tenure.

Was Nigeria created 16 years ago? Why cant you guys move beyond this "16 years ago" brouhaha and give Nigerians the good governance as promised.

Obj never blamed the military era when he took over.

Yar Adua never blamed Obj when the mantle was passed to him.

Gej followed suit.

Come up with something else BETTER biko.

cc severussnape
Firefire
Tonyebarcanista
mizmycoli
Truckpusher
Biafranqueen.

241 what?........... Op are you sure the 24 is not a mistake? Dollar should be equal one naira by now sai booohari

Good news.

By December one naira will equal to one dollar.

modath:
Crude oil price has no choice but to rise for this quagmire to unravel .. 47$ per barrel in a mono economy with this kind of population is nothing but a recipe for disaster!!

There is serious USD scarcity cos CBN has refused to sell more than once a week to BDCs, though card transaction still 220 but the 1k limit can't help in anyway!!!

Something just must happen !!

Caveat------ I expect some crazies to spam my mentions as usual but ask yourself one question 1st --- what kind of long term investment + improvement in infrastructures did the country make in the 2010-2014 yrs that crude oil sold for 120+ a barrel!!

Oh dearest Modaft, you're irredeemable.. **covers face**

chocolateme:
That is the wind of CHANGE still blowing everywhere

Please 'respect' yourself. It is 'changii' and not 'change'.

"Things fall apart
The center (Abuja) cannot hold
Mere anarchy is loosed upon a country (Nigeria)"

liberty300:
OK.

Imagine those their salaries is 18k..it means your salary is $74 dollars a month? A bottle of water cost $1.2 in the USA, debonair pizza costs $21 and the cheapest transport cost 10dollars (train). Lol..their nigerian monthly salary is an american's daily spending money.. now they'll reduce the minimum wage.

Just imagine

Na you sabi. That one na for una USA. We want changiii for Nigeria here. But remember that in Nigeria, N2.50k can be change and so can N950 be change.

All they want in Nigeria is changiiiii.

I’ll make Naira equal in value to dollar, says Muhammadu Buhari...


Zombies everywhere.

CharleyCharley:


Nope. He's doing just fine. He's right on track.

The fear of BVN in the BDCs is the beginning of wisdom!

we read reports from CBN last week that BDCs are no longer able to sell all the dollars allotted to them cos they now have to sell only to those with BVN.

what has now happened is that those who do not want to disclose their BVN has resorted to the purchase of dollars from any other place possible.....this has expectedly shot up the price of dollars

Over time the price will no longer be Ok for the importers to keep buying the dollars as the imported items become far more expensive...

hence they will be forced to start production of these items here in Naija

Naija is about to get better.....make we just remain patient!

permsec:
Broda, you've not said anything here.

My question is why should a dollar equate to #241 during our sai Baba's tenure.

Was Nigeria created 16 years ago? Why cant you guys move beyond this "16 years ago" brouhaha and give Nigerians the good governance as promised.

Obj never blamed the military era when he took over.

Yar Adua never blamed Obj when the mantle was passed to him.

Gej followed suit.

Come up with something else BETTER biko.

cc severussnape
Firefire
Tonyebarcanista
mizmycoli
Truckpusher
Biafranqueen.

Brother please don't blame them, their brains have been programmed with 16 and if they ever fail to post 3 comments without including 16, their memories will go corrupt..

permsec:
Broda, you've not said anything here.

My question is why should a dollar equate to #241 during our sai Baba's tenure.

Was Nigeria created 16 years ago? Why cant you guys move beyond this "16 years ago" brouhaha and give Nigerians the good governance as promised.

Obj never blamed the military era when he took over.

Yar Adua never blamed Obj when the mantle was passed to him.

Gej followed suit.

Come up with something else BETTER biko.

cc severus-snape
Fire fire
Tonye barcanista
MizM-yColi
Truck-pusher
Biafran-queen.

My brother forget about that zombie. Fela had his kind in mind when he sang that zombie song.

yang:
The zoo in its glory

That worthless tissue paper you call Naira will exchange for 300 by Feb 2016

What do you produce?

You steal money from Biafran oil and congregate every month in Abuja to share it

Then you use the money to Import tin tomatoes, rice and sardine and the remaining you use it to host a Q'ran reciting competition.

Baboons everywhere

Gospel truth.