FreeStuffsNG:
You are looking at black market.
Usd is overvalued against the naira and that's not a secret, that is why smart investors are leveraging on it till the naira is appropriately priced against the USD i.e before the discount bonanza ends. If you don't understand these things, it's in your own interest to get this data interpreted to you.

Those guys bringing in billions of dollars are not your average joe, they do their due diligence and it's not social media entertainment stuff.

black market rate? Lmao
Bitch dollar has been hovering around 1600!for the past two weeks,which is also the CBN official rate

Diaspora remittance is another crude oil for Nigeria if well managed! Kudos to hardworking Nigerians abroad.

Cornering of remittance by Abokis has reduced significantly.

lexylaw09:
* Foreign Investors’ Return



https://leadership.ng/cbn-reports-upsurge-in-dollar-inflow/

Goodnews.. More fx inflow needed

FreeStuffsNG:
You are looking at black market.
Usd is overvalued against the naira and that's not a secret, that is why smart investors are leveraging on it till the naira is appropriately priced against the USD i.e before the discount bonanza ends. If you don't understand these things, it's in your own interest to get this data interpreted to you.

Those guys bringing in billions of dollars are not your average joe, they do their due diligence and it's not social media entertainment stuff.

Eyin Batists, Una don begin chop statistics?

FreeStuffsNG:
You are looking at black market.
Usd is overvalued against the naira and that's not a secret, that is why smart investors are leveraging on it till the naira is appropriately priced against the USD i.e before the discount bonanza ends. If you don't understand these things, it's in your own interest to get this data interpreted to you.

Those guys bringing in billions of dollars are not your average joe, they do their due diligence and it's not social media entertainment stuff.

Lol the only people bringing their money to Nigeria is to take advantage of poor naira and buy properties, I don’t know why self deceit is so common in Nigeria.
So if you are abroad you will send your usd home? How for what?? Can you mention any of your friend abroad doing it because I don’t know any?

Can anyone notice the similarities from all this paid Igbo wailing crew over this news once their master gave the go ahead ?!


Did you see the way they were all shouting propaganda once the first Igbo clown gave the clue, that is how you know paid dull head online, they simply can not think for themselves.

socialmediaman:
We have more USD inflow, yet naira value is falling

When will all these propaganda end?

a4cube:
As miracle no dey tiya Jesus na so propaganda no dey tiya apc.

omoredia:
Keep fooling the gullible

Nahunger:

If I say STA-TIS
YOU SAY -TICS-

gratiaeo:
The useless government is not relenting in dish out propaganda which is all they are good at and the supporters of failed government are all everywhere already

EnglishUsa:
The ph refinary that will start working on February, where is it? Dangote that will flood fuel like water in Nigeria and Nigerians will stop importation of fuel, where is it?

God will help us

Stevenson20:
Na statistics we go chop?

Cassandraloius:
They lack common sense, who propaganda help? Mtcheeew...

meolaniyi:
Propaganda upon propaganda

socialmediaman:


This is the type of propaganda you people gave Nigerians for 8 years of Buhari’s disastrous government, you people have started again.

Are Nigerians going to eat propaganda?

Didijiji:
Naira is over 1.6k

You eeeeediot

Propagandarists

FreeStuffsNG:
You are looking at black market.
Usd is overvalued against the naira and that's not a secret, that is why smart investors are leveraging on it till the naira is appropriately priced against the USD i.e before the discount bonanza ends. If you don't understand these things, it's in your own interest to get this data interpreted to you.

Those guys bringing in billions of dollars are not your average joe, they do their due diligence and it's not social media entertainment stuff.

you no they shame? after 8years

wirinet:

Meanwhile, dollar is still N1600 in the black market and N1590 in the official market.

This guy will yet "outperform" Emefiele, the way Tinubu is already "outperforming" Buhari.

Tap0lane:
Can anyone notice the similarities from all this paid Igbo wailing crew over this news once their master gave the go ahead ?!


Did you see the way they were all shouting propaganda once the first Igbo clown gave the clue, that is how you know paid full head online.

After Frustration na madness ooo!!! Go find clothe

Tap0lane:
Can anyone notice the similarities from all this paid Igbo wailing crew over this news once their master gave the go ahead ?!


Did you see the way they were all shouting propaganda once the first Igbo clown gave the clue, that is how you know paid full head online.

So anyone that disagree with this disastrous administration and their propaganda is a paid Igbo wailer?
Your mumu na follow come.

socialmediaman:
We have more USD inflow, yet naira value is falling

When will all these propaganda end?

Don't mind them. Giving their minions something to be busy with. You remember how buhari rice pyramid.




Mad people eviriwia!

Tap0lane:
Can anyone notice the similarities from all this paid Igbo wailing crew over this news once their master gave the go ahead ?!


Did you see the way they were all shouting propaganda once the first Igbo clown gave the clue, that is how you know paid dull head online, they simply can not think for themselves.

Your assertion that any complain about this failed government propaganda must come from Igbo shows that you are competing in foolishness will that idiot guy called Manna.




Continue deceiving yourself.

Blackfire:
Dollar about to go crazily up

It won't, I don't expect any mad run for now. At least not in the next one month. They are really doing well with the propaganda.

Your wailing just de start but no one cares if you wail to your gave. I said what I said

tenpipsperday:





Your assertion that any complain about this failed government propaganda must come from Igbo shows that you are competing in foolishness will that idiot guy called Manna.




Continue deceiving yourself.

I wonder oooo!!!

socialmediaman:
We have more USD inflow, yet naira value is falling

When will all these propaganda end?

socialmediaman:
We have more USD inflow, yet naira value is falling

When will all these propaganda end?

Its not propaganda - there are people with billions and billions of naira who represent elastic demand for the dollar. They buy at any price.

Tap0lane:
Can anyone notice the similarities from all this paid Igbo wailing crew over this news once their master gave the go ahead ?!


Did you see the way they were all shouting propaganda once the first Igbo clown gave the clue, that is how you know paid dull head online, they simply can not think for themselves.

Stop crying and wailing. Propaganda can't lead any nation anywhere. We all have seen it with apc(Buhari and Tinubu).

No nation is built by chunning out propaganda day in day out.

Taking simple correct won't do you guys any harm. Its for the betterment of the nation so that fellow country men will stop shouting Epi npa wa.

FreeStuffsNG:
You are looking at black market.
Usd is overvalued against the naira and that's not a secret, that is why smart investors are leveraging on it till the naira is appropriately priced against the USD i.e before the discount bonanza ends. If you don't understand these things, it's in your own interest to get this data interpreted to you.

Those guys bringing in billions of dollars are not your average joe, they do their due diligence and it's not social media entertainment stuff.
God bless Nigeria for ever! Check my signature for free stuffs!

dude stop delving into issues you have no understanding of. The value even in NAFEM market is falling as well as in parallel market. Naira is overvalued why is it overvalued? it is simple demand and supply can Nigeria sustain the supply of USD to critical areas of need in this present situation? the answer is No. the solution is clear, the country has to diversify away from crude oil to have other areas of FX income otherwise we are in for a long ride.

naija4life247:
Let's see the effect on the exchange rate

Most likely the Naira may just stabilize at 1550-1650, and not appreciate or further depreciate. If true.

wirinet:

Meanwhile, dollar is still N1600 in the black market and N1590 in the official market.

The key factors are:
*Volatility has reduced
* Near convergence with the parallel market.
This is a major achievement

lexylaw09:
you don't have to wail 😩 on to this kain news . As this is an official statement from the Central Bank which can be verified easily by the whole world.

Who official statement hep. Are you from the Mars? God cannot prosper his work in the hands of evil men, Tinubu is a bomb set to destroy himself and his followers

..