Naira is gone. Buhari and APC killed the naira

Well maybe I can eventually buy that house in Lekki with my small dollars....

Nigeria has gone to the dogs...See our live thread for our ongoing building construction project of a 3-bedroom bungalow in Oron, Akwa Ibom... Link in my signature

Okoroawusa:
If dollar like let it be 5k I will vote for Bola Ahmed Tinubu in February 2023

dundee

Okoroawusa:
If dollar like let it be 5k I will vote for Bola Ahmed Tinubu in February 2023

And who cares the Bleep you vote for?

Idiotic bunch!

Okoroawusa:
If dollar like let it be 5k I will vote for Bola Ahmed Tinubu in February 2023

Tomorrow when you or your grandchildren are in need medical services and can't afford or find it, don't forget the decisions you made on their behalf today.

Nawa o

When buhari promised that he'll equal #1 to $1, he was misunderstood. He actually meant #1000 will be equal to $1.

If we're unfortunate to elect tinubu it'll be#2000 to $1.

sojayy:
Chaiiiii, Naija is completely finished n finished completely under Buhari

I swear...from TOP to BOTTOM

I am only concerned about CFA having more value than Naira presently.
Ogun kill anyone supporting or campaigning for APC!

If you shave money buy dollars for keep now, it will get to#1000 before Christmas and #1200 before may 2023.

I don't even understand where the problem lies ooo... Is pound our currency?


The last time I checked the CBN rate for $ is not up to #500/$.

Where do we get it wrong.


I've $22.18 in my Trove account when I converted it I got #18,000+


Where's the problem lies exactly they should not kill us with the exchange rate tension jhor

Whoever wins the 2023 presidential election is going to be under serious pressure. Let's not make the mistake of voting in someone that would aggravate the situation.

thebosstrevor1:
Corruption will destroy this country economy

Fools like this will blame corruption but not the clueless buhari and his evil satanic party - the APC. Evil personified!!

The Skeleton met Pound Sterling at 250

Just saying, so all the APC's dogs can be sure they won't die well. They are all Shango's meat.

Jostoman:
May God save us in the hands of this wicked and Calamity party called APC. Nigerians are really suffering o.

I really don't think so, same Nigerians campaigning for the same people

A penny or a naira Damn

Thinkam:


God bless you bro, let the country be on fire who cares, APC must rule the ashes.

It is yaruba turn

to rule oduduwa abi
ethnic bigot

Alwaysready:
Don't you guys know before? We ,the analyst predicted this since June this year when $1=#600

I called family members and friends to go buy usdt or dollar and save in their Dom acct but they taught I was kidding.

Now,listen carefully all Nigerians. There is nothing any Govt can do about this,Dollar will rise pass #1500/$ next Feb,2023.

Our gold reserve has depleted. We mostly depend on import and foreign made goods. China is our main supplier of such goods .

The blackmoney also is not helping anything. See them loading trailers of stech cash all around running to the banks and abokies. They will gnash their teeth very hard.

I learnt some of the politicians are crying hard now. The CBN has limited individual and companies the max amount they can accept from them.

Check my signature let's trade now.

"The CBN has limited individual and companies the max amount they can accept from them."

That is what will checkmate the fall of the naira.
The cbn has blocked deposits to new accounts at 5m and old ones at 50m per month. All monitored by bvn. It was announced yesterday.
Now all man de rush go buy dollar. When aboki buys the dollar, what will he use it to do? He cannot bank the money since he cannot do more that 50m per month. I suspect abokis will soon stop selling dollars as the naira will be Usless to them.
This will make the demand for dollar fall and the exchange rate improve.
What are your thoughts?

ObosiUkwalla:


Fools like this will blame corruption but not the clueless buhari and his evil satanic party - the APC. Evil personified!!

I guess it is buhari exchanging pounds in the black market.

Black market is banned in Nigeria

thebosstrevor1:


I guess it is buhari exchanging pounds in the black market.

Black market is banned in Nigeria

Shut that gutter you call Mouth there. Evil thing

The persisting rise of dollar and pound nowadays is so alarming that's why things are too expensive in the labour market

Thinkam:


God bless you bro, let the country be on fire who cares, APC must rule the ashes.

It is yaruba turn

They must rule

Continue voting APC, it will reach 2000 before election

Na we country nau....rubbish!

Alwaysready:
Don't you guys know before? We ,the analyst predicted this since June this year when $1=#600

I called family members and friends to go buy usdt or dollar and save in their Dom acct but they taught I was kidding.

Now,listen carefully all Nigerians. There is nothing any Govt can do about this,Dollar will rise pass #1500/$ next Feb,2023.

Our gold reserve has depleted. We mostly depend on import and foreign made goods. China is our main supplier of such goods .

The blackmoney also is not helping anything. See them loading trailers of stech cash all around running to the banks and abokies. They will gnash their teeth very hard.

I learnt some of the politicians are crying hard now. The CBN has limited individual and companies the max amount they can accept from them.

Check my signature let's trade now.

Most People need to understand why the Naira is RAPIDLY crashing, since the CBN announced its Redesign Policy.
There is pressure by these Criminal Politicians, Kidnappers and Bandits, to exchange their Huge, StoredUp Naira for Dollar, because they cant take it to the Bank and pay it into their Account, they know the CBN is monitoring them, which is a good thing.

I also believe that once the Cut-off date for the passed, the pressure will ease out because there will be no need to urgently want to change the "dead notes" to New Notes again.
That is the primary reason that took the Niara from #600, to any amount above that.
We dont know yet, at what value it will stop but it will certainly come down, after that,


But we should also be more concerned about what took it from #115 / 1$ in 2015, to the #6000 it was, two weeks ago.
It has to do with the INCOMPETENCY and CORRUPTION of Buhari and the thieves in his Cabinet.
Also, is the issue of Fulani terrorist Herdsmen killing people on their farms and not allowing them to farm, thereby causing acute food inflation.
Those two issue have nothing to do with the Redesign of the Naira.
Let us be clear about that.

Theunbothered:
Nigerians are clearly not tired of the high cost of living, the pound should reach 2000 first so you people can wake up.

Brother, how did yo know? You are very correct. God bless you

ObosiUkwalla:


Shut that gutter you call Mouth there. Evil thing

I am not the cause of your anger and failure in life

Bakrabas:
I don't even understand where the problem lies ooo... Is pound our currency?


The last time I checked the CBN rate for $ is not up to #500/$.

Where do we get it wrong.


I've $22.18 in my Trove account when I converted it I got #18,000+


Where's the problem lies exactly they should not kill us with the exchange rate tension jhor

Pound and dollar are not Nigerian currencies but they are the currencies international buying and selling is done in

The tension is real and is a big one because Nigeria is an import dependent country on the international market so it needs dollars and pounds to buy goods on the international market

Whenever there is a major spike in the exchange rate for naira to dollars or pounds

Tension go dey cos it means everything that is imported is gonna be as expensive as the the dollar became expensive to exchange

Hope this explanation helps

thebosstrevor1:


I am not the cause of your anger and failure in life

I cannot be a failure as someone who depends on 30k per month to spread falsehood...