[quote author=benardtotti post=129402797]

Is naira equal to 100 dollars know?
That's when I will say it's best performing currency

benardtotti:


They are dumb , as at this week the black market rate was lower than the cbn rate so the question is what is cbn defending ? They lack knowledge.

Don't mind them, they want free market economy where they can speculate and make money, but they can't handle fluctuations and volatility.
They were swimming against the tide may be they've not heard the slogan trend is your friend.
Dollar is on a downward trend in Nigeria at the moment, and I don't see it rising any time soon.
Dollar don fall down for gutter match am, match am.

LegendHero:


PDP met it at N28 in 1999. Why did they left it at N216?

Dumb APC supporters, APC said they can perform better so it was expected that they move it from #216 to #28 before PDP spoilt it. That is how it should have been. Taking it to #1900 only shows how naive they can be.

Lizzysamuel:


Don't mind the enemy of Nigeria.

He's happy that Naira climbed to 1900 from 216 in a space of 9years of APC. Imagine the most evil party PDP as they say, for 13 years kept Naira at 216 from 28 naira.

You this empty Barrel,the leap during the PDP days is much worse than the APC years because of the rates are in percentiles but you don't want to learn and emancipate yourself from being an Olodo..

Besides the irresponsibility of the PDP that started the clamour for the removal of fuel subsidy,even during the OBJ years,is what led us as a nation to where we are now trying to mitigate..

But you kids don't read,don't get "scientific" about the important thing in your nation but run ahead with news headlines concerning Bobrisky and the phantom heroics of Peter "him Tu Lie" Obi..

richie240:
Good news!
God bless Nigeria and Nigerians!


You better change the dollazz u are hugging like teddy bear to naira now to avoid stories that touch.
Nor say I nor warn you o.

Naira be like Bitcoin e dey fall and rise.

Na time to buy more dollars and hoard be this sef

ArcSEMPECJ:



#28 -#216= -#188 ( 16 years)

#216 - #1420 = - #1206 ( 9 years)

16 years - 9 years.....7 years remaining

I thought it was only Hausas and Fulanis that are daft and Zombies when following their leader .....
Never knew the kissing has passed saliva to Yorubas .....

Is a shame...we now know the real enemies of Nigeria

So who told you that in the next 7 years, the dollar rate won’t fall to a low of 250 naira? Did they tell you it’s a linear progression?

At least think before typing jargons.

Kukutenla:

Percentage of what? You APC bots are actually a bunch of dullards

No wonder you asslick failures in govt

You have to apply percentage increase. Your primary 5 daughter or son can teach you that.

LegendHero:


PDP met it at N28 in 1999. Why did they left it at N216?

don't worry, the next government will leave it at N4000/$1. Since madness is a permanent factor in your family

LegendHero:


PDP met it at N28 in 1999. Why did they left it at N216?

so you must destroy your own,why not improve it,it shows your party is not worth it if it cannot improve on what it met but rather decimated it beyond recognition

LegendHero:


PDP met it at N28 in 1999. Why did they left it at N216?

So for that reason, make everybody support APC to outperform PDP in increasing it abi

Good development and kudos to yemi cardoso

LegendHero:


PDP met it at N28 in 1999. Why did they left it at N216?

No Gen. Abacha actually pegged the naira at #50 to $1. During his reign.. So your #28 is untrue

April Fool stuffs.

DaTruths:


Naira be like Bitcoin e dey fall and rise.

Na time to buy more dollars and hoard be this sef

You want people to lose money. There are many signs to show the naira will gain more by the end of the 2nd quarter.

how?

DaTruths:


Naira be like Bitcoin e dey fall and rise.

Na time to buy more dollars and hoard be this sef

Na Dick?

LegendHero:


PDP met it at N28 in 1999. Why did they left it at N216?

Wasted school fee

richie240:
Good news!
God bless Nigeria and Nigerians!
You better change the dollazz u are hugging like teddy bear to naira now to avoid stories that touch.
Nor say I nor warn you o.

We know people like the guy above you - always looking for anything bad- news on Nigeria!
But God pass them.
On a serious note,there is nothing in Dollar($) that should make the Dollar or any Currency for that matter be above N700 to 1 Dollar, even the White men know that Nigeria is sitting on the World Natural Resources - very untapped,e g Oil,Gas,Gold,etc but because we never had good leaders to champion Nigeria and the prevalent Corruption because of Greed and wickedness e g elections losers would not see anything good, because it's not their party in power.
This is called Politics With Bitterness!
What are the Mallam around the Streets doing - by hawking Currency?
That is what Many Nigerians are doing, without any Productivity!
That is why they fight EFCC, DSS,etc,tooth and nail - to frustrate anything good in Nigeria but thank God,the tide is changing against the Enemies of Nigeria!

Lizzysamuel:


Imagine a supporter of "Na statistics we go chop" trying to score point with statistics. The joke is on you Agbadorian

Never knew you are this dull and shallow.

She doesn't even know simple arithmetic.

LegendHero:


PDP met it at N28 in 1999. Why did they left it at N216?

What a beautiful question

StOla:


It is not about difference but percentage.

That is almost 1000%.

Shame on you and PDP.

Under PDP, the devaluation was 671% in 16 years. Under APC, it's 779% in 8 years. What were you saying about percentages again?

LegendHero:


Make sure you come back knowing THE difference between leave and left. Thanks

You should learn to put “the” next time.

Just accept you made a mistake.

airsaylongcome:


Under PDP, the devaluation was 671% in 16 years. Under APC, it's 779% in 8 years. What were you saying about percentages again?

I am saying wait the same 16years then you can have yourself a fair comparison.

Ofunaofu:


N216 to a dollar where the APC met it as at 2015

Minimum wage in 2015 was 18,000. Should they also revert minimum wage to 18k? Because the increase in dollar rate was one of the reasons the minimum wage was reviewed upwards. And it's currently the major reason for the current review also.

Lizzysamuel:



216-28 that's 188 difference.

1200-216 that's how much Agbadorian?
I don't even want to mention the 1950 ATH you guys took it too.

Don't mind the yeye guy it was even 180 they met it

LegendHero:
Kudos to Yemi Cardoso.

According to Bloomberg, Naira is the best performing currency in the world for the month of April.

Cardoso should fire on until it comes to a record low. Wale Edun should step up his game on the fiscal side too to complement the monetary side.

To the saboteurs who are shouting “Keep your dollar close”, you will suffer for 1000 years when that dollar in your hand become worthless because the value has decrease 100% of what you got it.

You said it all.

LegendHero:


PDP met it at N28 in 1999. Why did they left it at N216?

it is a big lie,naira was 86 naira to the dollar in 1998 before pdp came to power in 1999 and dollar was about 190 ,when APC was quoting 216 in 2015 very devilish people, at least you guys are in the saddle now ,woeful performance using any indicator,the only thing they have is mouth
Enu dun rofo
It is always easy when cooking vegetables with your mouth

Ozommadu:


It's better than meeting something at #216 only to raise it to #1000+

You revolted against dollar at #216 I'm 2012, why are you defending #1000 now

Hypocrisy

No more padding
No more subsidy...

Emergency lovers of Nigeria are ashamed.

Bluntguy:
Judging from where the Naira started plummeting to where it is now, it is not performing anything. I will agree with Bloomberg when it gets back to less than #800 per dollar.

who cares what you think?keep crying and wailing saboteur

surgical:
it is a big lie,naira was 86 naira to the dollar in 1998 before pdp came to power in 1999 and dollar was about 190 ,when APC was quoting 216 in 2015 very devilish people, at least you guys are in the saddle now ,woeful performance using any indicator,the only thing they have is mouth
Enu dun rofo
It is always easy when cooking vegetables with your mouth

wailing wailer

Naira performed best in April, after performing worst in March. -
In other words, na Naira carry last last month. This month, im come carry first.