Hmmmm

Mynd44:
Personally, I think the Min Fin, Gov CBN and others just wanted to build the reserves to $30 billion and then start selling dollars. This new policies of meeting FOREX orders comes just after geeting to that milestone

Quite thoughtful.....

Am sure you will now believe that this administration deliberately made things worst for ordinary citizens by increasing hardship first from ur analysis!!!!

PassingShot:
From 520 to 501 in a week is a good sign.

şee dıs one..

RillJ:
Things getting better should be like yesterday, not until most Nigerians perish.

Lol... At least you have not perished, so u can enjoy the good times

This may not be our expectations, but its at least a progress.

Mynd44:
Personally, I think the Min Fin, Gov CBN and others just wanted to build the reserves to $30 billion and then start selling dollars. This new policies of meeting FOREX orders comes just after geeting to that milestone

Can you shed more light on this? Why would they want to build the reserve to $30million?

Mynd44:
Personally, I think the Min Fin, Gov CBN and others just wanted to build the reserves to $30 billion and then start selling dollars. This new policies of meeting FOREX orders comes just after geeting to that milestone

Exactly!!! If we had continued with the way we were dishing out forex pre-2015, we would have drained out foreign reserves in less than 7 months.

adioolayi:
I hope the Bankers and BDCs will not sabotage this improvements... Na dem hand the thing dey

.
What improvements ?
The 2 day appreciation had nothing to do with any new policy, because as far as I concerned, there no clear policy.

The Naira simply bucked the trend on its weeklong loosing streak. And this happened because of new dollars, about $280m, injected into banks, BDCs or whatever else they call them. In a few days time, that amount would be quickly mopped up by the demand, and the slide would eventually continue.
The Naira is still far from finding its level against the dollar, especially when the seat of government has now been relocated to London.

xreal:
You call this an improvement?

Where is GEJ? We neeed our 150/170 per dollar back.

Its an improvement jare.

PassingShot:
From 520 to 501 in a week is a good sign.

Help me tell him o. People sef.

So what about the naira master card are we going to start using it to so online transactions in dollar.

501 to 1 and you call it improves


Shame

Things are getting better since Buhari went to London for treatment.
Should he just stay there or do you think he should come back to put us in badluck again?
As for me and my household, we want things to get better, so therefore Buhari can remain in London.

unclezuma:
Now I'm getting impressed...can they now realise that lying to achieve a purpose in this time and age is a No-Go-Area, I pity their supporters.

As in ehn...let watch for a while and see if naira will strengthen against dollar or weakens....nah time we go give them....#SMH

genearts:


Lol.... Where is the celebration??

You are just afraid that things are about to start getting better.

Story.

Let it stay like this for even a week, then we know you have a point.

Yes, we can

slap1:


Story.

Let it stay like this for even a week, then we know you have a point.

We are watching...

BUHARI must hear this

As TB Joshua don predict 650 to 1$ , just know say Naira go improve cos na opposite vision he dey see.

genearts:


Exactly!!! If we had continued with the way we were dishing out forex pre-2015, we would have drained out foreign reserves in less than 7 months.

U r just a zombie

wamiikechukwu:
Naira gain 11 and will loss 110 soon,
Nigerians are good at sabotaging

You are d saboteur or you are too pessimistic

Hope this would continue for sometime

Contact us for all your roofing jobs and roof maintenance etc

[color=#990000][/color][i][/i] so make we go fry pawpaw abi... shey nah #501 you meet am, #negative change

You called #501 to a $ as improvement. Until it starts going for 150 to a $ that's when I will confirm the improvement until then it's still a fluke.

Buharimustgo:



U r just a zombie

Ok

There is no magic, more Forex inflow will ease pressure. Some people are just noisemakers.

This is not yet improvement , until dollar goes down between150 to 200

genearts:


Lol.... Where is the celebration??

You are just afraid that things are about to start getting better.

wake up from sleep

Agimor:
You called #501 to a $ as improvement. Until it starts going for 150 to a $ that's when I will confirm the improvement until then it's still a fluke.

Stop dreaming, naira will not even return to N200

Mynd44:
Personally, I think the Min Fin, Gov CBN and others just wanted to build the reserves to $30 billion and then start selling dollars. This new policies of meeting FOREX orders comes just after geeting to that milestone

that is a great thinking......if they were able to add 5BN dollars to reserve in 6weeks,definitely in next 6weeks they will have another 5BN billion dollars amidst rising oil prices.thus,enoff money for xchange.this will signal end of recession

Let us hope the downward trend is sustained.

It's sad that some folks here are celebrating the crash of Naira because Buhari is of a different tribe.

We would ALL be affected if Naira is weak. Including the shortsighted folks who think they are immune because they are working abroad.

Let's all hope the best for our country.