Atmmachine:
I want $1 to be 400 naira.

27*400=?? Mtcheew!

By February next year the naira
will be as useless as the Zimbabwean currency

I wont be affected.. I have a Dollar Visa Debit Card

porchester:
This is serious limiting the amount you can spend out of your personal money. Money you have worked for from January to December. Oga oooo. It is well

the money you worked for, was ot paid in naira or dollars

Atmmachine:
I want $1 to be 400 naira.

hw old are u?

I have not been able to withdraw more than 100$/day (at once) through Bank of China since November.
We shall get through this someday.

Chai! PMB is a curse on Nigeria. It's has never been this bad.. ooO. No policy directions for economy, massive unemployment, insecurity, fragrant disregard to judicial order, propose gag of media bill, naira depreciation, increase electricity tarrif, fuel scarcity,etc. Those who foisted this illiterate, confused & dumb DAURA man on Nigerians e no go beta for them.

There are two sides to a coin and the optimistic side of this is rather that spend the scarce dollars Nigerians will start patronising "made in Nigeria" goods

Atmmachine:

Old enough to fucck your mum

u'ar a confirm idi*t! Olodo.

Atmmachine:

Old enough to fucck your mum

u'ar a confirm idi*t! Olodo...

stardragon:

u'ar a confirm idi*t! Olodo...

Blame your mother for me being an olodo.
The smell from her pusssy blocked my brain.

ojun50:
Pls they should find solution to this oh my company is think of?

What you should find a solution to is your mid-morning cocktails. Not good for the company.

Around august they said they had too much and they rejected dollar deposits now they are complaining of scarcity. I don confuse walaaiiii

Abeg o which kain games cbn and banks d play like dis

THISDAY gathered from a reliable source that
commercial banks that presently have dollars in
excess of $1 billion in their vaults have started
taking desperate measures to mitigate currency
risk.
In fact, the source, a bureau de change (BDC)
operator, disclosed that banks have stopped
accepting dollars because they have too much
cash in their vaults.
According to the source, as a result of the
development, banks have been rejecting dollar
deposits into domiciliary accounts, but customers
are allowed to withdraw cash from their
accounts.

[quote authora tgjbgjg.b=Psalm18 post=41aj.j,gjact 088653]Small scale businesses are falling.
On the economy, I'll rate Buhari an 'E'.
The world has evolved from the military regime.
Ultimately a government will be judged and returned by the electorate in a free and fair elections on how well the economy is faring.
The war against corruption is good and noble but it can go side by side with sound financial decisions.

Very soon, people will be worn out of hearing we are recovering monies from the last government if their economic needs are not met.
A warning for the wise.[/quote]

Warning. You guys are too slow to the table. I thought anti-corruption was the be all end all of government. Much so that when ye seek first the kingdom of righteousness all other things shall be added unto Nigeria. Anyway as the holy book says. Have faith.

AZeD1:
There are two sides to a coin and the optimistic side of this is rather that spend the scarce dollars Nigerians will start patronising "made in Nigeria" goods

well all those aba and nnewi made people dey look down on Una go now buy am by force

tempex88:
What is the CBN's aim with all this restriction, I guess its for more patronage of made in Nigeria.

You're damn right!

BuddhaPalm:

Yes na , the guy na expatriate

Atmmachine:


Blame your mother for me being an olodo.
The smell from her pusssy blocked my brain.

u dont have a mother, and if she is still alive she's definitely useless for not training you proper!

KID DONT QOUTE ME AGAIN...

stardragon:

u dont have a mother, and if she is still alife she's definitely useless for not training proper!

KID DONT QOUTE ME AGAIN...

Small rat.
If i slap you now them go say i wicked.

This is a serious error, I left Nigeria with just $200 to avoid travelling will cash on getting to bank of America. I was surprised when I requested for just $500 withdrawal. It declined payment until I changed it to $100.
I called my bank in Nigeria,only to be informed that $100 is the maximum withdrawal limit and $1000 is the monthly withdrawal limit.
This is error 101

I understand, but hope I can still buy cars in cotonou?

Reference:


Warning. You guys are too slow to the table. I thought anti-corruption was the be all end all of government. Much so that when ye seek first the kingdom of righteousness all other things shall be added unto Nigeria. Anyway as the holy book says. Have faith.

I support every policy that will stop Naira from becoming toilet rolls, our leaders mad crave for foreign luxury is the reason for the state of Naira.
Norway is expected to make a net withdrawal from its sovereign wealth fund this year for the first time since the SWF was set up, to help pay for tax cuts designed to stimulate the economy. Its $830 billion fund is the world's largest, holding about 1.3 percent of global stocks.
People like us are called fools and illiterates whenever we tell Nigerians to vote for credible leaders imagine this nonsense, as far back as 2013 when oil price was at its peak " the report by BGL Securities Limited revealed that while Norway, the country with the single largest SWF of $737.2 billion, has daily oil production of 1.92 million barrels per day (bpd); Saudi Arabia with $657.9 billion has 11.55 million bpd production; United Arab Emirates (UAE) with $627 billion has 3.21 million bpd production and Kuwait with $386 billion produces 2.78 million bpd "

Furthermore, it showed that Algeria with $77.2 billion has 1.8 million bpd oil production while Nigeria with only $1 billion set aside for the SWF produces about 2.2 million bpd , " absolute total rubbish.
If only Nigeria is blessed with visionary leaders, Nigeria would have managed to save as much as $120 billion as far back as 2013 and i want every sane mind reading this to imagine how much Nigerian would have as SWF with 10% interest rates as at today.
But what do we have?, " CHOP AND QUENCH SQUANDER MANIACS OR SHOULD I SAY PRODIGAL LEADERS ". it shall never be well with all of them.

Atmmachine:
I want $1 to be 400 naira.

see our gboys

unmask:
See them blaming buhari already......you want to spend your hard earned naira? Go ahead and spend it..... Dont complain about hard earned dollars by the cbn? Were expecting a rosy ride.....16 years of rot isn't washed out in 6 months ........sit and enjoy the ride.

Its people like u that can't forgive others when they wrong you haba!... Pls I am tired of hearing 16 years already, every one is aware of the incompetence of the past administrations and that is why change was given a chance but instead of enforcing the change positively, all we keep hearing is 16 yrs of mis rule. That means APC is incompetent too. Cus if u have solution to a problem u just go ahead and solve it instead of crying over it.

7lives:


I support every policy that will stop Naira from becoming toilet rolls, our leaders mad crave for foreign luxury is the reason for the state of Naira.
Norway is expected to make a net withdrawal from its sovereign wealth fund this year for the first time since the SWF was set up, to help pay for tax cuts designed to stimulate the economy. Its $830 billion fund is the world's largest, holding about 1.3 percent of global stocks.
People like us are called fools and illiterates whenever we tell Nigerians to vote for credible leaders imagine this nonsense, as far back as 2013 when oil price was at its peak " the report by BGL Securities Limited revealed that while Norway, the country with the single largest SWF of $737.2 billion, has daily oil production of 1.92 million barrels per day (bpd); Saudi Arabia with $657.9 billion has 11.55 million bpd production; United Arab Emirates (UAE) with $627 billion has 3.21 million bpd production and Kuwait with $386 billion produces 2.78 million bpd "

Furthermore, it showed that Algeria with $77.2 billion has 1.8 million bpd oil production while Nigeria with only $1 billion set aside for the SWF produces about 2.2 million bpd , " absolute total rubbish.
If only Nigeria is blessed with visionary leaders, Nigeria would have managed to save as much as $120 billion as far back as 2013 and i want every sane mind reading this to imagine how much Nigerian would have as SWF with 10% interest rates as at today.
But what do we have?, " CHOP AND QUENCH SQUANDER MANIACS OR SHOULD I SAY PRODIGAL LEADERS ". it shall never be well with all of them.

the quest for foreign luxury is not a problem of the elite alone but a problem of the average Nigerian that lusts for foreign goods

Psalm18:
Small scale businesses are falling.
On the economy, I'll rate Buhari an 'E'.
The world has evolved from the military regime.
Ultimately a government will be judged and returned by the electorate in a free and fair elections on how well the economy is faring.
The war against corruption is good and noble but it can go side by side with sound financial decisions.

Very soon, people will be worn out of hearing we are recovering monies from the last government if their economic needs are not met.
A warning for the wise.

It's too early to rate Buhari. He's still in the recovery stage... I mean don't expect him to do in 8 months what the past administration couldn't do in 6 years! Non of this mess that we are in is his fault. This is the work of the past administration and their corrupt practices.

unmask:
See them blaming buhari already......you want to spend your hard earned naira? Go ahead and spend it..... Dont complain about hard earned dollars by the cbn? Were expecting a rosy ride.....16 years of rot isn't washed out in 6 months ........sit and enjoy the ride.

Yet another bloody excuse.

So glad I'm done withdrawing money from the ATM! It was tough withdrawing $300 everyday from the ATM but now imagine being subjected to only $100. I knew things weren't going to get better anytime soon... Hope this will not affect PTA/BTA sales??

diva90:


It's too early to rate Buhari. He's still in the recovery stage... I mean don't expect him to do in 8 months what the past administration couldn't do in 6 years! Non of this mess that we are in is his fault. This is the work of the past administration and their corrupt practices.

what was the exchange rate before he took over......

why did it suddenly got worst when he assumed duty.
let's just stop being sentimental here.
ever since pmb took over things has gotten from bad to worst....

The effect will be felt by the new year and those shouting Sai buhari will soon be shouting STONE Buhari