t2luv1:


Partner Your motherfuc*ing ass don't know me like that to be coming @ me like that, You coming out of the woodwork putting me on blast ain't freaking call for. Tell yaa this is how piece of sh*t mother fuc*ing negro gets smoke. Godammit !!!! If your a*s is tripping better check your self-partner.



Assss** ass*** , you just learn that word toddler, I can see you have Father issues in your life, how many ladies have dump your miserable life?

Take my advise again, take your frustration to someone else

treatise:

You're correct - just imagine the kind of restrictions on charcoal export. Some would easily bring in forex

Blackfire:
In one month ...


I will either be at gain or loss



I change 1300... per dollar


I have 100,000 dollar

t2luv1:


email if you are genuine.

Jeboy:
Are you for real, I need 300 usd

Krankhead:
Not all those you mentioned are necessary for farming...I have farm , I have Yam, cassave, oranges peppers, tomatoes etc despite the fact that I don't even leave in Nigeria. But a lot of you that stays in Nigeria just wake up.everyday and be spreading news about Dollar. What does Dollar has to to do with my Yam, cassava and peppers.
If you have a small farm you will feed your family..Whenever I visit Nigeria I don't buy food....I give to family members and sell to my community at affordable prices...let everyone do the same. EVERYDAY Dollar, Dollar dollar.

spiSeyi:
The USD will hover around 700-800 Naira before the end of the year, then from there let's where we go as a nation . I only pity those who bought @1800, the best bet for them is to sell now because Naira will trade @ 1,300 on or before the end of the first quarter

Ibrahimcoomasie:

The exchange rate between the naira and the dollar strengthened for the third consecutive day, closing at N1,534.9/$1 on the official market. This marks the strongest level the naira has reached in 7 days.

The official NAFEX rate, which serves as the average rate and benchmark rate used by the CBN, was quoted at N1,567.65 on March 1st, 2024.

The intra-day high reached N1,600/$1, while the intra-day low was N1,425/$1.

The official exchange rate has remained below N1,600 since February 28th, indicating a gradual return to stability in the official market.

Why the Naira is gaining
Checks from Nairametrics reveal that the exchange rate last traded above N1,600/$1 on February 28th, when it sold for N1,609.51/$1.

Since then, it has sold for N1,595.11 and N1,548.25 on February 29th and March 1st, respectively, establishing a trend that should reassure policymakers.

The official exchange rate fell to N1,615.94/$1 as the central bank intensified its efforts to combat inflation.

- The apex bank raised its benchmark monetary policy rate to 22.75%, sold over N3 trillion in Treasury Bills and OMO bills combined, and also introduced new guidelines for the operation of BDCs.
- It commenced the sale of forex to BDC operators while also banning over 4,000 operators for failing to meet its licensing requirements.
- CBN Governor Yemi Cardoso also hosted a virtual event with foreign portfolio investors, continuing to advocate for hot money inflows.
- The apex bank also clamped down on the cryptocurrency trading platform Binance, collaborating with security agencies to restrict their operations.
- While it is unclear if these actions are the reasons for the strengthening exchange rate, analysts suggest that a market equilibrium may be emerging.

Forex turnover in the last three days of trading has improved, averaging $250 million per day, up from $160 million per day a week earlier.

- Despite these improvements in the official market, the exchange rate on the parallel market was quoted at around N1,600/$1, according to information obtained from a cross-section of parallel market operators.
- Operators report an increase in demand at the beginning of the week, as more Nigerians looked to buy than sell.
- Nevertheless, this marks a significant improvement from the record low of N1,880 recorded on February 22nd.

https://nairametrics.com/2024/03/05/exchange-rate-gains-for-third-straight-day-on-official-market/?amp=1

t2luv1:


"Or you are confusing me for the fraudsters and frustration your life have been attracting" That quote right there was uncalled for. Why would you direct that to someone you don't even know, you've never met? I don't know how you do things down there but from where I am sitting that was a no-no. There wasn't any malice or bad intentions by my asking if you were genuine. You decided to go on a fentanyl withdrawal tirade.

Jeboy:
Are you for real, I need 300 usd

treatise:

You're correct - just imagine the kind of restrictions on charcoal export. Some would easily bring in forex