Kaycee9242:
Wake me when it gets to 700 that Buhari left it, then we will rejoice when it gets to 260 that Apc met it

The economy can still be bad even if 100 naira equal to 1 dollar.

What's important Is the employment rate.

There's no point if 100 naira equal to 1 dollars but hardly any jobs to make money from.

Kaycee9242:
Wake me when it gets to 700 that Buhari left it, then we will rejoice when it gets to 260 that Apc met it

Just celebrate small wins...!

Buhari was merely buffering the currency with lots of loans, same as his predecessors.

For Naira to have been floated yet is managing to gain against the Dollar... That's good.

If we improve other parameters that will increase demand for the Naira and less need for Dollars, it will gain further.


Whether you like or hate Tinubu, once you see good things, celebrate them...!

Nigeria needs to be overhauled all over.

Buhari plundered 8 good years doing absolutely fvck all.

Tinubu has to clean up his monumental mess, and still find a way to keep the nation surging forward economically.


Y'all should understand... If Tinubu succeeds, Nigeria succeeds!

If he fails or performs as abysmally as his predecessor, the nation is doomed! Not Tinubu or his family... Nigeria is doomed!

Whoever takes over after that will never be able to salvage the nation, not even Peter Obi or Atiku.

Bullfallo:
the only way there will be panic dumping is if it cross down to 700

Yes. Most people bought at that level . Make e come dump like BTC dumped from#113M to #96M

Naira is undervalued. People with hidden dollars are now bringing them out. After devaluation, Naira should rate 800n to a dollar. With more stringent supervision and new policies by 25th from MPC of CBN, Naira to dollar will be around 1200n to dollar. Recapitalisation of DMB is also on the way. This will tighten banking supervision. Dollar is coming down. Saboteurs are on their heels. Those financing terrorism and BTC vendors are also on the run. If you are sabotaging Nigeria economy and speculating forex you will nose dive under BAT government. The man is not smiling at all.

It’s 1550 not 1400
1400 is what aboki is negotiating for you to sell your own
Stop confusing and deceiving nigerians. Can you buy it for 1400 if you want to travel abroad? No. The price is what you will pay to get it, not what an aboki is trying to get it from you. Infact if you sell to him for 1000 he’ll buy happily and resell at almost 1600

Good, but it's not 1400, but 1480 - 1500.

We are happy, but as long as corrupt people are leading us, we know it's temporary. The truth is, Naira didn't appreciate, Dollar only got a little weakened, but it's on the move again.

Make APC carry am go 186 Dem meet am

Before you say jack Robinson, it will go up again ...

predictor1:
#700 yes, but #260? Maybe you should go back to earning the same amount you earned before buhari came 9 years ago.

Good answer.

papiwyte:
Enemies of Nigeria won't like this news

Buhari and Tinubu, that fought the progressive Nigeria under Goodluck's government, just to grab power - later messed Nigeria up - should be called patriotic Nigerians; right?

waleolaniyan:
Naira is undervalued. People with hidden dollars are now bringing them out. After devaluation, Naira should rate 800n to a dollar. With more stringent supervision and new policies by 25th from MPC of CBN, Naira to dollar will be around 1200n to dollar. Recapitalisation of DMB is also on the way. This will tighten banking supervision. Dollar is coming down. Saboteurs are on their heels. Those financing terrorism and BTC vendors are also on the run. If you are sabotaging Nigeria economy and speculating forex you will nose dive under BAT government. The man is not smiling at all.

What do you think can be done about this current food inflation? Do you think it's speculation too? Right now things are scary.

Does this ever reduce the price of things that has already gone up?

seborrhic:
It was pure speculation that was driving that alarming slide and because of it,people were withholding their dollars,even Nigerians abroad and those they sent dollars down here,believing it was heading to 2k and even beyond when they would then release it.
Many even did it at the risk of not getting the essentials it was sent for.
Also some bought to hoard for same reasons.
Seeing now that it's been falling and fearing their dollars is relatively losing value and may continue doing so,they are gradually releasing it,while still watching.
If it falls to say 1400 or even 1300,I foresee a panic dump of dollars into the market

what will trigger the most effective panic selling is say Naira drops to #1000/$1

becos 96% of spectators/hoarders bought above #1000, and traders can't keep calm when they are liable to sell below cost price

Paraman:
Wicked Mallams

I'm in support of this their buying and selling method. A dollar will be sold for #3000 by the end of march gang in the mud.

The headless mob don't talk about that anymore. Economy saboteurs all because their agulu messiah lost the election which was expected

Hollyharjii:
Please, someone should inform me when it becomes #300 to $1

nope dey won't...ur salary will wake u.
Shebi wen it was 300 salary was 30k 40k now u earn like 300k
By time ur Bala turn 55k u wl wake up hahahahahahaha

iLegendd:
Good, but it's not 1400, but 1480 - 1500.

We are happy, but as long as corrupt people are leading us, we know it's temporary. The truth is, Naira didn't appreciate, Dollar only got weakened, but when Dollar strengthens, blood again.

Dollar weakened where? Download fx platform see as $ dey beat everybody like kilode.

erniok:

Dollar weakened where? Download fx platform see as $ dey beat everybody like kilode.

It was stronger than that before.

ClearFlair:


Exactly.

Exactly

Cardi B is making moves oo. Nice.

EcoBrick:


https://nairametrics.com/2024/03/20/naira-strengthens-to-n1400-on-the-parallel-market-as-speculators-sell/?amp=1

Very good

Nigeria money wey no stable moving zig-zag like trading chart no shock when you hear say naira to dollar na 10k/$1 wetin una dey produce,invent,export wey una want strong naira. sha na over ambition make lizard talk say one day em go be like crocodie

chaddy16:
We will all witness a better Nigeria together in our live lifetime. Insha Allah

God is Willing, right? Well, I have news for you it ain't happening bad network issue between Nigeria to God's ears. Insha Allah

Kaycee9242:
Wake me when it gets to 700 that Buhari left it, then we will rejoice when it gets to 260 that Apc met it

Are you an idiot ?

chidi2003:

Buhari and Tinubu, that fought the progressive Nigeria under Goodluck's government, just to grab power - later messed Nigeria up - should be called patriotic Nigerians; right?

Anybody can mess up, we have seen national players do own goal or lose penalty and no one question there patriotism

But imagine iwobi jubilating the moment cote d'ivoire scored 2nd goal ... thats "UNPATRIOTIC" and thats what obedient do

Kaycee9242:
Wake me when it gets to 700 that Buhari left it, then we will rejoice when it gets to 260 that Apc met it

No more padding.

GOOD NEWS


We are getting thereeeee

PureFace1:


The economy can still bad even if if 100 naira equal to 1 dollar.

What's important Is the employment rate.

There's no point if 100 naira equal to 1 dollars but hardly any jobs to make money from.

Gbam.. Nail on the head!

Hollyharjii:
Please, someone should inform me when it becomes #300 to $1

in your small life, have you seen dollar before?

Good work from Cardoso

Paraman:
Wicked Mallams

I'm in support of this their buying and selling method. A dollar will be sold for #3000 by the end of march gang in the mud.

Thanks to government for clamping down Binance

iLegendd:
Good, but it's not 1400, but 1480 - 1500.

We are happy, but as long as corrupt people are leading us, we know it's temporary. The truth is, Naira didn't appreciate, [b]Dollar only got weakened, [/b]but when Dollar strengthens, blood again.

can you defend that

iLegendd:
It was stronger than that before.

You said it weakened in view of naira appreciating these few days and I still said not so. Dollar is strong in fx if you trade.