With these policies summersault, the wisest but most challenging thought rejuvenation is integrating a mindset that one is not in Nigeria while in Nigeria and also operating as global citizen while rooted in Nigeria, it will allow you to save in stable fiat currencies like Euro, Pounds etc while considering your investments as leverages against inflation and taxes.

Then the strangest one is tunning your news media to foreign and your ip to foreign and pretending to be a expatriate while moving out of the city centers and running an off grid renewal energy system in between a village and the city.

It's the life that will guarantee the peace of mind and save one from hbp occasioned by the idiocy of our political class

Is the CBN still 'defending' the naira? I thought the series of currency devaluations we witnessed would have addressed the 'currency manipulations' of the PDP era which ensured the naira exchanged less than 200 to a dollar.
Maybe, we should have continued to 'manipulate' the naira to remain below 200 to the dollar. Honestly!

Why dem no kukuma use the same voodoo economics just convert the money to naira cone share am amongst everybody make we continue the defence by ourselves as we dey do am already.

Useless people.

Hisbah21:
uhm my country

defending how?

Give me hundred million dollars make I use take see Road

Clueless people pump that money into the economy let there be good road,stable power supply,create new companies & revive dead ones Nigeria will be great again

Tpharell:
Is the CBN still 'defending' the naira? I thought the series of currency devaluations we witnessed would have addressed the 'currency manipulations' of the PDP era which ensured the naira exchanged less than 200 to a dollar.
Maybe, we should have continued to 'manipulate' the naira to remain below 200 to the dollar. Honestly!

The cbn has always been in the box of defending the naira

Ummm, finally 1 dollar will be equal to 1 naira
Awon werey gbogbo

daddytime:
Why dem no kukuma use the same voodoo economics just convert the money to naira cone share am amongst everybody make we continue the defence by ourselves as we dey do am already.

Useless people.

Funny enough!
The us tried this strategy and it did not work

fasho01:
Is it just me that isn't understanding

defence ke? When no be football match.

I pity una

Some stolen

Some sold to themselves at discounted rate

H

Spending money on money wey no go ever get value. This life no suppose always hard if we know how to channel priorities

Money for election

lol
more dubai highrises and estates to their elbow

baralatie:

The cbn is spending big time

on what?

The naira is beyond defending, even attackers don't want it .............

Naira that can't defend it self, what's the need .

aribisala0:
on what?

It is spending big to defend to keep it's dollar rate stable at #400.
If demand and supply keto play role .the naira at the cbn is to undergo another devaluation to #600 inorder to keep it's dollars reserves in check and have enough to service it's dollar debts.
But now it needs an extra amount of dollars to maintain its current price.
It means the cbn will spends it's dollars big time

Lexusgs430:
The naira is beyond defending, even attackers don't want it .............

The Messi dollars is thinking otherwise


I never mention lewandoski euros o!

If you're down there in the Zoo, go online and find legit websites that are paying for surveys, testing applications, watching videos etc so that you will earn in dollars. You can build a website or use blogger.com .Just anything that will help you make money in dollars in a legit ways. If you join yahoo yahoo na your own cup of tea; as I don't support stealing from people or charming women. When you make 20 dollars, or 50 dollars, open account with PayPal and withdraw or you can buy things with it online and they will ship it for you. You're still winning! Don't always waste your subscription in facebook, nairaland, Insta and co.. Enjoy!

NGArmyTerrorist:
If you're down there in the Zoo, go online and find legit websites that are paying for surveys, testing applications, watching videos etc so that you will earn in dollars. You can build a website or use blogger.com .Just anything that will help you make money in dollars in a legit ways. If you join yahoo yahoo na your own cup of tea; as I don't support stealing from people or charming women. When you make 20 dollars, or 50 dollars, open account with PayPal and withdraw or you can buy things with it online and they will ship it for you. You're still winning! Don't always waste your subscription in facebook, nairaland, Insta and co.. Enjoy!

Earning in dollars is a way out

Cbn is running a crazy experiment that has no root in known economic modeling.

baralatie:

It is spending big to defend to keep it's dollar rate stable at #400.
If demand and supply keto play role .the naira at the cbn is to undergo another devaluation to #600 inorder to keep it's dollars reserves in check and have enough to service it's dollar debts.
But now it needs an extra amount of dollars to maintain its current price.
It means the cbn will spends it's dollars big time

Spending on what ? Simple question. What are they buying

No need for a long essay
What are they buying is it bread or groundnut?

baralatie:

Earning in dollars is a way out

For sure Oga. That's the only solution..

aribisala0:
Spending on what ? Simple question. What are they buying

No need for a long essay
What are they buying is it bread or groundnut?

I believe it is based on what Nigeria is buying

baralatie:

Earning in dollars is a way out

That's where yahoo yahoo becomes a thriving industry. Bulk export is quite difficult without the shipping structure.

baralatie:

I believe it is based on what Nigeria is buying

So you do not know?

Saturn444:


That's where yahoo yahoo becomes a thriving industry. Bulk export is quite difficult without the shipping structure.

I believe yahoo yahoo is called cyber crime and the last thing you want is total blacklist from trade
Dubai is already dealing with Nigerians!
It ain't funny

aribisala0:
So you do not know?

Let me ask omiefele.what Nigeria buys with dollars

baralatie:

Let me ask omiefele.what Nigeria buys with dollars

The issue is not Nigeria

The issue is the CBN , a bank

Sometimes it is better to be silent if you do not understand issues

You do not have to comment on everything

You said the CBN is spending a lot . Quoting me out of nowhere.
Now I ask you what they are buying and you are playing the clown?

aribisala0:
The issue is not Nigeria

The issue is the CBN , a bank

Sometimes it is better to be silent if you do not understand issues

You do not have to comment on everything

You said the CBN is spending a lot . Quoting me out of nowhere.
Now I ask you what they are buying and you are playing the clown?

And I explained it to you and you did not get it?

What should I do again!