Look like a good news to me,though am really sad Abt it

GOODLUCK TURNING BADLUCK GRADUALLY WHERE IS THE GENERAL BEFORE THIS MAN FINISH NIGERIANS

Transformer agenda?
GMB 2015

this aint right,

tunex23:
Corruption everywhere, meanwhile see how Nigerians are suffering for electricity

...and some suffer head ones still clamour for continuation of their systematic suffering.. Smh.

Errrrm me I dnt undastand dis devaluation ish oooh is it good or bad 4 our economy?
sumbody pls explain 2 me abeg

A shout loud,
voteGEJoutNOW!
I said KickGEJoutNOW!!
I repeat sendGEJOUT!!!

When oil was gold they squandered the money. Now the value has dropped we have no other way to beef up our economy.

What wasteful leaders Nigeria has always had.

kudos to sanusi,he did a good job.gej has a way of retiring dos doing a good job.dnt forget ihejirika and berth nnaji

EUROBOMBER:


I am not related to GEJ. I stand for fairness and justice. I am here to check the excesses of certain people and ensure that some others are put in their place. Dealing with mora fvkerzz since 1920.

I will retire from Nairaland after the presidential elections.

Dive-Bomber

NO, YOU ARE PART OF GEJ'S ELECTION MACHINERY.. AND THAT IS WHY YOU WILL RETIRE FROM NAIRALAND AFTER THE ELECTIONS.

SOME OF US ARE NOT PAID TO BE ON NAIRALAND, AND WE WILL REMAIN HERE AFTER THE ELECTIONS.

Nigeria is like a stage drama. You may likely never predict the next scene. We are still watching & praying God He saves us. Amen

Adminisher:
This is serious FAILURE by Jonathan. It is going to bite him HARD. Let us remember that we had foreign exchange reserves of $45bn and ECA of $22bb that was further helped by $115/barrel oil price that should have.improved. exchange rate to N70 to.the dollar. Every other OPEC country also built up reserves and developed petrochemical industry.
Jonathan did not. At N200 to the dollar most companies will soon laying off workers. All the empty half educated youths praising Jonathan will curse him soon. Shey Buhari is the one you fear now?.You are afraid of Fulani general? Soon you will beg him.

wow is all i can say ATM

zubby29:
kudos to sanusi,he did a good job.gej has a way of retiring dos doing a good job.dnt forget ihejirika and berth nnaji

sanusi wouldnt have done better given the current situation oh..

Just know that

Time to "work" more

This is official,what about street rates?maybe 220/$,By 2019 when GEJ leaves office it will be 280 to 300

This brings me back to PEG. I know she will be like : Ebele,why not order the nigerian army to hold the naira from falling further?
Clueless set of peolple.











Lest I forget,Vote for Change come march 28th

This brings me back to PEG. I know she will be like : Ebele,why not order the nigerian army to hold the naira from falling further?
Clueless set of peolple.











Lest I forget,Vote for Change come march 28th

Slynonny:
That's a good one instead of pumping in money to sustain the Naira over the Dollar.
Expect APC to campaign with this news.
In other news.
How you living Mr Ayo Fayose for exposing APC lies and propaganda?
Ans: In Mansion and Benzes giving headache to APC and it feels stupendous.
How you feeling Mr Femi Fani Kayode for dumping APC?
Ans: Am feeling good like never before.
APC is dead and is on the news.
How do you feel going back to PDP Mr Barcanista?
I feel at home.
Is been a long time coming and am glad am finally home.
Just like the biblical prodigal son i've realised my mistakes and gone back to PDP.
In Jonathan we have seen real and positive change.
Vote Wisely GEJ 2019

did u just spit this?? why have political stance blocked ur judgment, when GEJ met it at N155 was he suppose to make it better or worse

oluvick:
The Central Bank of Nigeria (CBN), has officially
devalued the Naira.

The devaluation took place overnight, as the
Nigerian currency will now trade at an official rate
of N199 per US Dollar.

More to follow on this story…

https://ynaija.com/cbn-officially-devalues-naira/

The Dutch Diseased Chickens Have Come Home to ROOOOST!!!!

Oil is a curse.

kaboninc:


Another FALSE news 'spreader' on the LOOSE!

Soludo NEVER thought of DEVALUING the Naira but RESTRUCTURING the Naira.

Take a CUE from one of the countries that RESTRUCTURED their currency. E.G. [size=16pt]GHANA[/size]

Do you know what's happening to the CEDI?

Are u mistaking me for someone else,did u here me talk about SOLUDO devalueing the naira or "revalueing" or you don't see the difference?

This time last year I would gladly buy a pencil online, but now........

Which way Nigerians?
Thank God I joined this program when I did!
Check my signature!

aguiyi:


anuofia, simple economics you don't know yet you will be typing trash every now and then on topics that are way beyond your mental capacity.

demand and supply is what determines price in a free market.

have you asked yourself what Nigerians are doing with the US dollar that has made it so scarce that the price is heading north.

has it become our legal tender or we are experiencing an artificial scarcity created by those who have an agenda.

suddenly in this period of election the dollar is no more available. the naira started losing its value when the abokis gave their brother licence to buy and sell other currencies on the streets.now they are hording it creating panic in the process.

we no longer import much of rice
we no longer import cement
we no longer import much of cars

what then is the new line of business that is drying up the available foreign currencies. those who stashed the green back in their house with the hope of releasing them when their candidate wins election are only fooling themselves because they will regret it with the new policy that is coming.

that is how they intend to stabilize the naira

you are a FOOL

Adminisher:
This is serious FAILURE by Jonathan. It is going to bite him HARD. Let us remember that we had foreign exchange reserves of $45bn and ECA of $22bb that was further helped by $115/barrel oil price that should have.improved. exchange rate to N70 to.the dollar. Every other OPEC country also built up reserves and developed petrochemical industry.
Jonathan did not. At N200 to the dollar most companies will soon laying off workers. All the empty half educated youths praising Jonathan will curse him soon. Shey Buhari is the one you fear now?.You are afraid of Fulani general? Soon you will beg him.

ESPECIALLY MY IGBO BROTHERS WHOSE MAIN BUSINESS IS IMPORTATION!

NOW PROFIT FROM IMPORTED GOODS WILL ENTER VOICE MAIL! BANKS WILL START DEMANDING FOR THEIR 250% INTEREST ON FACILITIES BORROWED TO THEM AT THE END OF THE DAY NOTHING TO WRITE HOME ABOUT!

DEVALUED NAIRA. DEAD ECONOMY. VERY HIGH RATE OF UNEMPLOYMENT. EMPTY RESERVE. HHMMMMM!

I SAID BEFORE AND AM SAYING IT AGAIN - IF GOODLUCK JONATHAN CONTINUE BEYOND MARCH 29TH, NIGERIANS GA EJI EZE KPU EKWELE!

aguiyi:


[s]anuofia, simple economics you don't know yet you will be typing trash every now and then on topics that are way beyond your mental capacity.

demand and supply is what determines price in a free market.

have you asked yourself what Nigerians are doing with the US dollar that has made it so scarce that the price is heading north.

has it become our legal tender or we are experiencing an artificial scarcity created by those who have an agenda.

suddenly in this period of election the dollar is no more available. the naira started losing its value when the abokis gave their brother licence to buy and sell other currencies on the streets.now they are hording it creating panic in the process.

we no longer import much of rice
we no longer import cement
we no longer import much of cars

what then is the new line of business that is drying up the available foreign currencies. those who stashed the green back in their house with the hope of releasing them when their candidate wins election are only fooling themselves because they will regret it with the new policy that is coming.

that is how they intend to stabilize the naira[/s]

na this type of beautiful nonsense that GEJ has been listening to that brought us to where we are today,

kilokeys:
officially the price of goods would skyrocket..

like seriously bro...make God sha help us

Good afternoon sir, A̶̲̥̅♏ very sad to write you this afternoon because of the situation we sandwich students (LASU)found ourselves, sir for the past two years now we have been in 300 level which we supposed to be a graduate by now or preparing to, sir we all know your good work in this Lagos state we are as a good governor and we are ready to vote continuity for APC. You are our father we are your children sir, please sir come to our aid we are begging you sir. Save our future save sandwich.
A sandwich student pleading to AMBODE

One of the worst policies of the incumbent CBN Governor is allowing Nigerians to transfer foreign exchange freely via western union,monegram etc which was not possible previously.Nigerians due to our excess appetite for foreign exchange due to money laundering,capital flight can now comfortably transfer $10,000 dollars daily.So this new CBN window is really adding to the pressure on the naira

Seems some youths know GEJ n GMB more than themselves.

with this news i pity salary earners and pensioners cos their pay are fixed and inflation about to take place. My govt have disappointed me, y did they devalue d naira? Was it not d finance minister dat said our enconomy is strong last year? What happen to our reserve? I loved GEJ b4 now but i am sorry this country is 2 big 4 him 2 manage. Lets say the truth!

CBN official site is reading 198. I believe that there is a big difference between 198 and 199.