CBN called this "strengthened". Those boys in CBN must be smoking Jamaican weed. Wait till Monday for Nigeria to see the final rest in peace of Naira.

politricks:
The way this Naira is falling it would soon fall in love. Thank God it gained a little.

Christ!

Very funny!

I hadn't had a laugh on nairaland in a long while.

daniel5711:
What abt d horizontal and vertical markets?

Bros you forgot the diagonal and the curve trajectory markets. Suffer don dey become hobby for naija. O lord a mercy!

Fesomu:
Fools will blame buhari for everything..anyways that's why they are called fools sha...ignorant bastards

The same way you fools blamed GEJ on everything and you fools are still blaming him after several months of unfruitful governing. Odé

politricks:
The way this Naira is falling it would soon fall in love. Thank God it gained a little.

Hahaha

djkirkoo2:
The same way you fools blamed GEJ on everything and you fools are still blaming him after several months of unfruitful governing. Odé

only time will tell a govt without direction and still hv blind praise singer surprises me honestly I must confess

It was not CBN that called it strengthened but a news writer. Whats happening on monday that will make it fall further sir? But this up and down is allowing some guys to make money legitimately!! Better wisen up and see how you can benefit instead of just criticizing up and down

Omotolu:
CBN called this "strengthened". Those boys in CBN must be smoking Jamaican weed. Wait till Monday for Nigeria to see the final rest in peace of Naira.

Lemon12:
Gain ko !! Gay nii


Akpos jumps from bed and starts shouting "God save me, save me, save me. The wife asked, did you have a nightmare? He says yes. The wife asked ask again, were you been chased by a lion? Akpos replied; lion is even better. I nearly voted for Buhari again‎

Haba Bros, this ur joke no dey get expiring period/date, since last week fah? if i eat rice thrice per day i go tire sef

China will be in jubilation right now if it could succeed at devaluing her currency to the level ours have fallen lately.

But what could've been a blessing if the "Agbayas" in the Country (Military and Civilian) had the foresight to act in favour of posterity is now ruining people's families.

Even at it's currently low rate to the Dollar, the US keeps throwing jibes at Xi Jinping for not allowing market forces dictate the true value of the yuan.

But our lazy forefathers some of whom are still in position today, failed to plan.

And collective amnesia keeps making the populace subservient to this same people who had the chance to better things but decided to turn the nation's economy South.

How really I would've loved a Soludo/ Enwegbara combo in out finance ministry right now but they didn't partake in "the campaign struggle" nor are they from the majority voters.

Will wait to see what Cards Emefiele and our lady from Ogun state will play and how it all turns out.

The official rate is 196N to a $1

Nigeria can copy cat

#Emefieleeconomics

On $1=N1 i stand. Still waiting for that day. APC wake up pls.

ohenhen1:
The official rate is 196N to a $1

Official or deception rate??

Bitterleafsoup:
The low thinkers that want to blame GEJ should look at how his administration kept the NGN stable even as the oil prices dove.
That is what good goverance is about. Not once sis GEJ blame anyone or anything he just worked hard to make this country flow.
Change you shouted for is here, you should have been more specfic, cause the change is as negative as they come.

It appears you are the low-thinker here. From the illustration you provided, nigerian brent averaged over $120 for four full years, yet naira did not appreciate, no build up of foreign reserve yet you are touting that as achievement against a govt under whom oil average $40 with no inheritance of substantial foreign reserve.

Compared to achievement of OBJ under whom oil average less than $50 and he was able to pay off our debt, accumulated high forex and excess crude reserves, then GEJ regime was non-starter.

nusta:
Still not impressed!

Abi o. They said naira improves to 270 Naira. At the bother yesterday, I was not happY to witness what has happened to my country's currency under buhari. Before you talk now, they will start blaming Jonathan. They keep repeating their campaign promises and propagander. I believe, very soon people will know that buhari may have relied on tunde idiagbon during his previous voyage in power. Oosa boole gbe wa, se wa bo ti ba wa!

2n2k:


It appears you are the low-thinker here. From the illustration you provided, nigerian brent averaged over $120 for four full years, yet naira did not appreciate, no build up of foreign reserve yet you are touting that as achievement against a govt under whom oil average $40 with no inheritance of substantial foreign reserve.

Compared to achievement of OBJ under whom oil average less than $50 and he was able to pay off our debt, accumulated high forex and excess crude reserves, then GEJ regime was non-starter.

How many projects can you point to during OBJ regime name 20 and I will nake 20 of GEJ?
OBJ paid Paris club but took out a huge debt from World Bank to establish his farm. I can go on with more OBJ atrocites if you want to go there?

Buhari said - My pellow Nigerians, I am tirayin beri hard to clear the mess that Fi D Fi has fut this country into in the fast 16years. So filis continue to firay por me, suffort me and firase my good works untill N400 is equibalent to $1.
Copied!

politricks:
The way this Naira is falling it would soon fall in love. Thank God it gained a little.

Dumphead! It's called 'retracement'. The next move is gonna land at 400/$. The Naira is dead! Do yourself a favour, convert your Naira to assets. Thank me later!

Fesomu:
Fools will blame buhari for everything..anyways that's why they are called fools sha...ignorant bastards

and d solomons will blame demselves 4 everytin...anyways dat's why they are called solomons sha...knowledgeable ...

Oh, Nigerians what a pity, #Patoranking voice_na so money dey change!!!, if u det abroad u don make am oo.

Buhari!..... Buhari!......... Buhari!!
Abeg hw many times i call am?.
Naaaa waaaa oooo. This na real change indeed.

270 is not strengthen It's called DOOM

Fesomu:
Fools will blame buhari for everything..anyways that's why they are called fools sha...ignorant bastards

Who provoked u ? Why are u quarreling ?

nextstep:


As a former banker, I would like to think he has some idea of how economies work, but unfortunately his hand are tied by his oga, who does not understand macro economics, has never invested and grown his own personal wealth; an oga who wants to micromanage and is unwilling to let his ministers excel at their jobs.




Sad sad sad

Bubu has a PHd o!!!!! Thread with caution.
I no know which course he read shaa!!

Fesomu:
Fools will blame buhari for everything..anyways that's why they are called fools sha...ignorant bastards

A mad fellow detected

Can someone please tell the lecturer From CU that the cashless economy is what gives abroad now so his old fable postulation that people coming for the holidays would bring about a reduction in dollar rates is pretty much outlandish since nobody carries that much cash around when you can spend from your debit card the same way we do abroad just that the markup for them would just not be as high as ours.

The dollar is strengthening and is having an effect on the naira exchange rate as well as exchange rates of currencies around the world. The dollar strengthening is in very small increments so far but it is a steady growth.

Fesomu:
Fools will blame buhari for everything..anyways that's why they are called fools sha...ignorant bastards

don't mind them joor, it's Jonathan I blame he did not allow Dr Buhari to make 1 dollar to be 1naira, he used juju to stop him let's just Pastor mere commissioner will help us to destroy d jazz

repogirl:
Byl January it will become 300 ,make we dey see.

Are you wishing us evil? Why are you making a negative confession? Please be optimistic about Nigeria. It is well with the Nigerian economy.

ayodele123:


Are you wishing us evil? Why are you making a negative confession? Please be optimistic about Nigeria. It is well with the Nigerian economy.

please lets be quite realistic and truthful to ourselves. If it were up to Nigerians optimism, our country would have even surpassed the United States.

You want us to be optimistic without taking measures that will guard us against any further downfall? Is it magic?

Please for every action, there is an equal and opposite reaction... If good action is not taken and you rely on optimism, nothing will change, that is the reality.

Omo naa wa ooo d only good thing is for people receiving money from abroad....ooo cos d exchange rate go pay us we de recieve moulah from abroad

Fesomu:
Fools will blame buhari for everything..anyways that's why they are called fools sha...ignorant bastards

Your stupidity has no measure.U have lost sense beyond repair.Receive brain