ambale:
Something that was 200 during Jonathans time

We go dey celebrate say he be 1600 now

We dey here dey look una trial and error ooo

It was 200 during Jona's time because at the time, due to sustained high oil prices, we had enough dollars to defend the naira.

Once the crash of April 2014 happened, we started taking dollars from our then ample reserves to fund defending the naira.

When that ran out under Buhari, borrowing commenced. Tinubu is continuing the borrowing.

All in all, failure to have alternative sources of income is what led us here.

keymatt:
Trial and Error white powder govt.

Deep down we know you are sad but if you are among the enemies of this great country, all of you shall remain sad forever bcs Naira will bounce back and Nigeria shall be great again


Wait and see.
We are dealing with every possible means that saboteurs are using to destroy our economy

After Crypto ban we will deal with other routes too

KingKO22:


Deep down we know you are sad but if you are among the enemies of this great country, all of you shall remain sad forever bcs Naira will bounce back and Nigeria shall be great again


Wait and see.
We are dealing with every possible means that saboteurs are using to destroy our economy

After Crypto ban we will deal with other routes too

It's very wrong for any one to wish Nigeria bad seriously...I am not a fan of PBAT but we must pray for our currency to be stronger

ryloy:
Dollar drops to 1600 after news of government banning Binance surface online

this is not true I was online and it was around 1750
And it wasn't banned

commoditiesnig:
Goodnews

please what is dollar rate now.. I want to check something

techgen:
If government mean work this time, dollars go fall below 1k$ before Easter….after binance and other p2p site…banks are next.

Even if we’re not exporting anything, dollars nor suppose Dey rise per minute….this whole issue started with the introduction of gsm during OBJ era where dollar move from 22$ to 197$….between 1999 - 2015. Due to round tripping and hoarding of the dollars as well as smuggling of the dollars.

Nice move CBN, long live Nigeria!!!

where is your sense of reasoning?