experimentist:
Yes Boss! Dem pay me for die minute o! Na God o.

How much are we talking about here?

mybestlove:
CBN is only displaying incompetence. All these dollar injections we've been hearing and still no effect. Why not come up with new and better strategy.
Billions of dollars injected into the forex and the rate remains where it is and, prices of commodities still go up.

There is no administration that doesn't inject dollars into the economy just that this administration always announces such action owing to the dollar/naira crisis. The exchange of the hard currency is also being regulated due to its relative scarcity. How do you think the govt meets its internal financial obligations from dollar earnings through crude oil? Note the budget is in Naira not dollar. Suuch dollars are merely exchanged for the Naira, not free "injection". How do you think importers source for dollars? How were students paying for school fees abroad?

Femich18:

Nigerians are Nigeria's problem nah... Why won't there still getting hunger when everybody is very selfish and trying to maximize profit at the detriment of others

I don't understand what u mean by Nigerians are Nigeria's problem.

I presume you are correct if what you meant was our leaders are ur problems. But if you are insinuting that the tomatoes, biscuit, pampers, electronics, gadgets, rice sellers are our problem, then u might be wrong.

Now listeen, over $5b (billion dollars NOT naira) has been injected into forex by CBN and yet cards are being charged $385/dollar for online transactions? Can you tell us what the rates for online transactions were as at when CBN hadn't started this injection policy?

So what is the difference here bro? They have injected about $5b and we're not feeling the effect on even common/local commodities how do u explain that?

If you say our leaders are our problems, agreed! Not the other way round........

If banks can charge ATLEAST the official rate for online transactions, then this injecton policy would be considered frutile and the masses would feel the effect of naira gaining against dollars.

marvin902:



you said the plain truth...our government is @ fault too but we nigerians are the worst we are ones killing ourselves with our selfish motive..we go just dey hype price with every chance and they will open their stupid mouth and say its dollar even 10naira biscuit dere go hype put am for dollar head

How much are banks charging for online payments? Has it changed from when CBN hadn't started this forex injection policy till date? Is it not the same?

What has changed? Banks should atleast charge the CBN official exchange rate for online transactions so we can feel the strength of injection policy on commmon commodities.......

How can they be charging as high as $385? How much is black market rate

davodyguy:
Gtbank does 360 I purchased true aliexpress even when dollar was 380 at Black market

When was that? Last year

omoadeleye:




you Dan do your own analyst be that oo?

Yes oh! Getting set to take advantage.

edo3:
How much are we talking about here?

it's just a turkey change. 270k only. Just a tip of an iceberg

davodyguy:
Gtbank does 360 I purchased true aliexpress even when dollar was 380 at Black market

How much is dollar right now in the black market

experimentist:
it's just a turkey change. 270k only. Just a tip of an iceberg

Na so bro..nice one

cyberdurable:
Failed Entity...called Nigeria

abeg where can I buy dollar at cheap rate.. I wan buy new phone for aliexpress

go to Osborn at ikoyi 3rd or 4th floor, there s a there s a tree that produces dollar there. Just do a Nicodemus visit nd u will get it

davodyguy:
Gtbank does 360 I purchased true aliexpress even when dollar was 380 at Black market

gtb charged me lyk 385 lately

Sunnah1:

I know you're not happy to hear this development. Enemy of progressive government.

I can see ur definition of progressive

Eaa247:


go to Osborn at ikoyi 3rd or 4th floor, there s a there s a tree that produces dollar there. Just do a Nicodemus visit nd u will get it

Geraway