ISpiksDaTroof:
Sorry, Not these obvious low lifes on NL. You have a better chance convincing me of a Igloo in hell. No man worth a penny boasts about it to the world... except liars and dreamers.

iykedare:


Dont mind them. Is it now a crime to save your money in foreign currencies? After the last election,someone told me to sell my dollars,i foolishly sold 5000 dollars and lost some money in the process. I won't do that again. Most people who have got dollars won't panic sell. It won't work this time around.

These mediocre government should find another way to strengthen the naira. I earned my money thru hard work ,no one should tell me when to sell it.

PhilemonObende:


our baba buhari is paying his children school fees in dollars and pounds not naira,i'm only following in his footsteps. Sai baba!

megama:
keep your dollar and cry later

Doyin2:


I just wonder why some people still find it hard to comprehend statements written in very elementary English.

My advice was targeted at those keeping dollars for speculative reasons,not for savings.By the way, if you are not into international business or a frequent user of foreign currency,why save in dollars at the detriment of your country's economy?

The new Forex regime could now be likened to what is obtainable at the stock market.

Now is the time to sell your Dollars!

The new Forex regime is only a temporary monetary policy strategy to address the issue of foreign currency supply.On the long run,the strength of the Naira would be determined by both fiscal and monetary policies. Higher local productivity and exports will in the long run boost the value of the Naira.

As a fiscal policy,I will advice the FG to ban the importation of ALL items that are currently being produced in Nigeria,to further reduce the pressure on the Naira. Basic economic common sense ?

ISpiksDaTroof:
Sorry, Not these obvious low lifes on NL. You have a better chance convincing me of a Igloo in hell. No man worth a penny boasts about it to the world... except liars and dreamers.

SleekAboki:

You are already boasting about being an aristocrat and not a peasant.

No aristocrat worth his penny makes such boasts to the world.

iykedare:


Lol.

E go better for you ,bro. The reason people like you see 15000$ as "billions" is because you are intellectually lazy. I would have loved to school you but you are the unteachable type.

A man doesn't even need to earn as much as 350k per month over few years before he can save that. Oh boy,use your brain. It is so powerful. Another clue#

PhilemonObende:


It is part of their strategy, so you can flood the market with your hard-earned dollars. My own $10,000 dey under my pillow jeje till Baba buhari help us to make it 900 naira to one dollar. Sai Baba! #ThisiswhyIstand withBuhari!

SleekAboki:

The day I saw Abdullah, a cripple move a little from his sit,open a hidden spot from his sit and brought out volumes of liquids of Benjamins, I changed my perception never to underestimate .even a beggar on the streets.

$10,000 $15,000 and you doubting? Human beings of Nigeria now have strong rooms in their homes.

You should also learn to keep some dollars handy cos you can't predict Nigeria in the next six months.

Doyin2:
If you are one of those hoarding dollars speculatively,I would STRONGLY advice you to sell it off before Monday,20.6,2016 ,at the black market.


The new Forex regime is surely going to improve the dollar supply,with an expectant crash in the black market rate.

The new market driven forex rate to the dollar, is expected to hover in between the current official rate and the black market rate,some where between 200 and 300.

Heed to my advice and thank me later!

ISpiksDaTroof:
Another dull African....

Caseless:
shut up, you fat liar!

SleekAboki:

mynd44 apply rule 2 on this misguided gentleman.

Caseless:
using 'fat' ,I mean big liar . If you're fat in real life, that's coincidence and I think I should applauded and not reported. Where's the offense that you want me banned for? If you lied and I called you a liar , what's wrong with that?

Caseless:
using 'fat' ,I mean big liar . If you're fat in real life, that's coincidence and I think I should applauded and not reported. Where's the offense that you want me banned for? If you lied and I called you a liar , what's wrong with that?

Caseless:
using 'fat' ,I mean big liar . If you're fat in real life, that's coincidence and I think I should applauded and not reported. Where's the offense that you want me banned for? If you lied and I called you a liar , what's wrong with that?

Doyin2:
If you are one of those hoarding dollars speculatively,I would STRONGLY advice you to sell it off before Monday,20.6,2016 ,at the black market.


The new Forex regime is surely going to improve the dollar supply,with an expectant crash in the black market rate.

The new market driven forex rate to the dollar, is expected to hover in between the current official rate and the black market rate,some where between 200 and 300.

Heed to my advice and thank me later!

crazymommy:
Where are they now?? those overconfident ignorant people that always believe they know it ALL and so they do not care about other people opinion...dollar is currently 257....Ntoor!!!!!!!!they even abused the op telling him he knows nothing...now the op just proved to you guys that he was right after all..

mekaboy:


Are u ok? 257 at cbn, how much do u expect parralel market to be? if it went as high as 400 when it was 197 at cbn, what do u think could happen now?

Will CBN sell to BDCs, or will they include the 41 items excluded from forex?

Better go and buy dollars now at whatever rate u can.

crazymommy:
now it's obvious this young man does not understand the word "floating"in economics...so it means you don't even understand what was said about the new cbn forex policy....the market has turned into a single market...keep waiting for parallel rate... quote me when it gets back to 350 or above in your dreams..

mekaboy:


As long as the forces of demand and supply controls the market, the dollar can't be less than 300.

iykedare:



Yeah,he shouldn't mislead people. I've got 15000 dollars and I won't sell.

Only the gullible will start selling their dollars. The rate will soon hit 400. Abegi.

Naija and bad Belle.

mekaboy:


As long as the forces of demand and supply controls the market, the dollar can't be less than 300.

Doyin2:
If you are one of those hoarding dollars speculatively,I would STRONGLY advice you to sell it off before Monday,20.6,2016 ,at the black market.


The new Forex regime is surely going to improve the dollar supply,with an expectant crash in the black market rate.

The new market driven forex rate to the dollar, is expected to hover in between the current official rate and the black market rate,some where between 200 and 300.

Heed to my advice and thank me later!