ezechinwa2:


what about students paying their school fees, will they use parrallel rate or interbank

The BDCs

@ 497?...Dumb stabilization!
Buhari is nig's WORST blunder!
Dude is a waste of time!

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It is unfortunate at this age of modernity posters cannot provide the basis for their post. what is stabilizing it and is it sustainable.

criminals are taking advantage of ignorant and desperate nairlanders due to the incompetence of our leadership

Iamwrath:



How is it not?

Between recession that started in 2014 as clarified by iweala

And the dollars buried in farm lands

And judges having 500M cash in foreign currency



How will Nigerian Naira compete?


Other aspects of Nigeria is growing


Two yesrs+ since Buhari was sworn in, if people concentrated on farming things would be better, there are generically engineered seeds, 2 months food is ready


But they'd rather wait for MMM free money, just like Npower free money and 5k stipend


Nigeria is better under Buhari in all ramifications, let's just beg saboteurs to leave Buhari be

Go sch, u no gree go; if only u know the meaning of recession, u won't type this dustbin u typed.

IVORY2009:
The way it is going now, naira might hit 500 soonest

I think you should worry more about dollar not hitting N700 in the coming weeks for them to even use the word "stabilize" is laughable and at the same time irritating. I can't see any stabilizing here but a glaring somersaulting.

How can u ppl say Naira stabilises at 497 like say na beta thing or as if it's improving? It shld b NAIRA IS STILL FVCKED AGAINST THE DOLLAR...

Pavarottii:

Go sch, u no gree go; if only u know the meaning of recession, u won't type this dustbin u typed.

Nothing reasonable to offer

Bye bye

Truth234:


Diversification, as we are mainly mono-product economy, and does not generate enough foreign revenue to meet our forex daily demands.

Hence, the constant scarcity of forex due to market illiquidity. But once we can generate enough forex through various diversification strategies being implemented by the FG, the CBN should able to float the Naira and allow market forces to dictate its true rate going forward.

this person go know book shaaa.... Can i ask my own question
How do people enjoy reading books and it doesn't make them feel sleepy.. Is it the same satisfaction others get from smoking for instance? Do people who read see people who don't as fools? For me to read an article of 2 pages on government, politics, currency, economy, it may take me a minimum of 3years. Will my children respect me if they discover i don't like these intellectual discourses? How can i change before I'm 30years? Thanks.

How can we consider 497 as stable? I won't surprised if I see at 500 tomorrow.

How is this stabilization, I bought dollars two weeks ago @ 1usd = N492 now it's N497 and it's called stabilization

Ha - ha, stabilizes indeed. In times like this, in God we trust, not the exchange rate.

In yoruba tongue "ojebi"!

am not surprise

Pidgin2:
If we can get Buhari out then things will be better the choice is ours to make.

b4 it's Gej now it buhari, if u remove na u go lead?