KingKO22:
😁😁😊😁😁 because your candidate lost election you IPOBidients are hellbent on destroying this country so that you can have a reason to rejoice

So I believe majority of you are in deep frustration at the moment bcs you speculation to make 1$ to 4000 by June has failed

Obituary himself was crying bcs Binance was banned in Nigeria which means his game plan has backfired 😂😁😁😁

And the mumu also mentioned Emeifiele? The dullard that was busy paying billions of dollars every month to defend Naira ?
Emeifiele was afraid to face any challenges o flowing the Naira bcs he is a dullard


But IPOBidients are still praising the dullard ws their Lord and savior 😁😁😂😂😂😁

Johnjustice:
Lazy bones get a job, if we all turn to dollar hoarders in Nigeria, this nation will sink. Myopic greedy ass.

Birdbyrde440:


Let it sink. It has sunk many lives already. What goes around comes around.

Johnjustice:

Kid

Brenbentondiaz:
I always advise you developers not to dabble into anything that's more complex than 2 by 2 shop okrika trading or traffic sales. Your brains (let's pretend that thing in your head is called that) is not developed enough to grasp anything beyond petty trading.

Birdbyrde440:


Your thinking is still Web2 focused. In Web3 and the 4IR, you will be able to earn a living on the metaverse.

oyatz:


This kind of Mentality is the differences between UK and Nigeria.


It is not about earning a living, but what do multi-millionaire in dollars do to earn such humongous
money and how much to they pay as tax?


In the UK, you can't just become a multimillionaire without a workbase with appropriate tax profile.

As a matter of fact, in the UK, France, Germany and other Western European countries, you can NOT become very rich suddenly, your financial statements must be balanced. You must show workings! The system can predict your expected incomes for years if you on a particular path.



In Nigeria, a young man just graduating from the University, with no work experience can come home with a Jeep worth #20 million and people will be celebrating him.

Most Nigerians have negative mentalities to work ethnics and wealth creation

There is no shortcut to real and sustainable wealth.

Birdbyrde440:
While Yemi Cardoso is busy pushing Propaganda that
"Forex holders are rushing to overload their dollars "

He forgets that their are speculators waiting on the sidelines with billions of naira waiting to scoop cheap dollars. During the Emefiele's time as governor of CBN, to prevent people from scooping up cheap dollars he did two things: he created a parallel market and he banned Nigerians from buying USDT and cryptocurrencies.

I myself, a nobody in the scheme of things will work harder, earn more naira and buy more dollars to add to my stack if at all the CBN is capable of bringing down the exchange rate to $1/900.

As at the time of writing, $1=N1418.

Dalohad:


I am waiting to buy more dollars. Just like these politicians are protecting themselves. I have the right to protect my finances. I pray that oil dries up, so that natural selection can do it's job..

No be me spoil Nigeria. I no go follow una suffer wetin no concern me.

Dalohad:


I am waiting to buy more dollars. Just like these politicians are protecting themselves. I have the right to protect my finances. I pray that oil dries up, so that natural selection can do it's job..

No be me spoil Nigeria. I no go follow una suffer wetin no concern me.

Donaldoni:


Where will you see the dollars to buy?

Day don break bro

Birdbyrde440:


In the mid air!

Donaldoni:


The era of just walking down the street to get dollar is gone!

Birdbyrde440:


Banks must have sufficient $$ to cater for the fx needs of the population

Birdbyrde440:
While Yemi Cardoso is busy pushing Propaganda that
"Forex holders are rushing to overload their dollars "

He forgets that their are speculators waiting on the sidelines with billions of naira waiting to scoop cheap dollars. During the Emefiele's time as governor of CBN, to prevent people from scooping up cheap dollars he did two things: he created a parallel market and he banned Nigerians from buying USDT and cryptocurrencies.

I myself, a nobody in the scheme of things will work harder, earn more naira and buy more dollars to add to my stack if at all the CBN is capable of bringing down the exchange rate to $1/900.

As at the time of writing, $1=N1418.

kingsways:

N900 /$ is a realistic target.

The black market rate when Buhari left was around N700. The black market rate is the rate at which Dollar is available to anyone who wants to buy

Donaldoni:


'Needs' doesn't include hoarding and speculation.

Earn dollars. Don't hoard it.

drlateef:




Actually 1250 as we speak on Aboki.

Birdbyrde440:


Is there sufficient fx liquidity to peg it at 900?
How much is a litre of fuel in the international market? N680 , $0.5?
Is Tinubu and his team clueless?

kingsways:


Yes there’s enough liquidity. Nigeria still sells crude and there’s foreign remittances

Birdbyrde440:


I earned it and decide to hoard and speculate massively, you can not decide for me how to use my sweat. I will hoard it and speculate with it as I so please.

Donaldoni:


Goodluck

Birdbyrde440:


Badluck to you gee

Donaldoni:


Back to sender.

It's obvious you are in pains.

Naira will continue to appreciate.

CBN won't give you dollar to speculate with.

Ntoooorrr

Birdbyrde440:



Your tears is are sweet. Badluck

ttime:
Dollar is not going to rise again any time soon.
Those still holding their dollars have little financial information. Some weeks ago, Goldman Sachs and jp Morgan, biggest bank in US predicted naira will rise to #1200.
The only future oyinbo can predict is the one they've created.
Naira at #1800 to dollar is artificial. The true value of naira by devaluation should be around #900 to dollar. And that's what cbn is targeting. Those in d know are already selling their dollars. So anyone buying dollar now hoping it will rise again is just an ignorant fool and will definitely regret it.

Donaldoni:


Olod*! Naira is appreciating

Bizibi:
whatever they are doing is short-term,the government need to increase export and remove bottlenecks,that is the reality if they want to progress and strengthen the naira.the cashinflow of dollars is still low.