The recent and infact the present devaluation of Naira was as a result of trading and stockpiling from speculators not demand and supply. Naira was traded like crypto instead of fiat resulting to virtual devaluation and will likely return to its actual value of 500 to 700 Naira. The CFA Francs which is the currency used by all our neighboring countries trades below 630 to a Dollar and Nigerian economy is actually larger and stronger than all of them combined. If you are one of those who stockpiled Dollars as speculation it is best you sell it now cause it is overvalued.

Your opinion is inconsequential.

Exchange rates are determined by the balance of trade and services in a country, it's also determined by the tendency of a people to move closer to, or away from corruption.

In the last elections, it was alleged that dollars was freely shared to all the delegates, you here haven't condemned that, you are here speaking to the poor masses to stop stockpiling dollars when they know the naira in their hands is useless.

Useless advice.

This government is proving to be a goldmine for me, I have entered and exited twice in the last 3 months, still hoping to buy at 800 next week. Keep yammering like a yamaha generator.

successmatters:
Your opinion is inconsequential.

Exchange rates are determined by the balance of trade and services in a country, it's also determined by the tendency of a people to move closer to, or away from corruption.

In the last elections, it was alleged that dollars was freely shared to all the delegates, you here haven't condemned that, you are here speaking to the poor masses to stop stockpiling dollars when they know the naira in their hands is useless.

Useless advice.

This government is proving to be a goldmine for me, I have entered and exited twice in the last 3 months, still hoping to buy at 800 next week. Keep yammering like a yamaha generator.

Be calming down for the ignorance of the OP.


Wittyness.