Yourprick:
Road to 2k Keep your dollars closer

Oga news
Dollar is 1125.
Stop misleading people or better still come and sell your dollars to me for that 1070

sunshineV:
nahhhh we just want stable electricity

SIMPLE!!!
What is the essence of the useless coastal line.

blowjohn:


Hmm. They raided there too?

They raided there but they are fully back to business but this time around they don't display their dollars

blowjohn:



Combine those locations u mentioned together, them no reach wuse zone 4.


If they tell u the amount of dollars that wuse zone 4 holds eh, u will think it's another CBN.

Lol..
Come to broad street.
It's just a matter of time before they come back there.
They even still doing business just that they don't do it openly

Exousiang01:


The level of ignorance among you Nigerians is disheartening, for you to say what you just said means you never even took the time to look at the budget, because any human being with a functional brain who saw the budget and went through it knows that the Senator was spewing thrash.
That said, he was given opportunity to clear himself, was he able to?

He said the president presented a budget of 25T, where did you ever read or see that the presidency presented a budget of 25T.
We all saw the budget the President presented we all followed the process, the president never presented a N25T but a N27T budget, but as the man came and said what was obviously not true, na that one your brain carry, because it is against the government, you can't even think for your self.....
No be the same Obi dey talk thrash about the cars purchased for National Assembly as official cars still buy 400 SUVs for traditional rulers.
They can easily use people like you, they know you don't use your brains
He knows airhead like you will fall for his thrash talk.
Na so Peter Obi an Nnamdi Kanu buy una with cheap lies na.
Una no go use una brain.
As long as it is against the government it must be true.
When was the last time you used your brain while analysing the issues in the country?

Idiot.
Have you checked NL front page to see that they have been released.

Mugu like you still believes what govt tells you

favor914:
Unrepentant Wailer without joy.

Idiot.
Have you checked NL front page to see that they have been released.

Mugu like you still believes what govt tells you

Lol..
They won't release that information and they would be set free.
Nigeria is already a manipulated country.
Imagine suspending a senator that opened their nyash

TheWinterBird:
Your sister is a big, big fool. And the man (a 37-year old male is a man, not a boy; I hope you don't address him as "a boy" to his face because that's likely enabling him to continue being lazy) who had the audacity to ask you to give him 100k to marry her is a chronic loser and moocher. I wonder why you didn't chase him away with a stick after he said that. You seem like a mumu for a big brother. Moreover, if you say your sister works but she's always broke, it's likely because she's giving him money. You need to find a way to talk some sense into her frontal lobe so she can leave him before she wastes another 10-years with him and continues being his atm. She's still young at 34 and should leave him now but the decision is hers to make.

34 years old woman is still young?

Keep dreaming

Jollof rice

Librason:


The corrupt and ignorant ones should also realize Dollars are released to banks on frequent basis but corruption within the sector is the cause of artificial scarcity , the dollar is meant for some people unlike local currency that anyone can just walk in and cash out , they sell these currencies out en masse and travelers or business men find it difficult to access what is released to the banks on frequent basis.
The CBN should be more thorough and sincere in regulating selling out of excess dollars to black marketers even if they will increase their limit.

Good!
So are you blaming the BDCs or CBN?

oyatz:


You are mixing issues up.
This policy is to regulate the BDC ,not to restrict FOREX.

You don need to touch dollars in cash for you to do Import business.

Nigeria is NOT the only country in West Africa with high importation yet we don't see their economy highly dollarized like this.

In other countries, to get above $100, they will request for your international passport and you won't see private citizens in Benin Republic, Togo, Ghana or Mali holding $1000 cash.


What is presently happening in Nigeria is that some elites have somehow created a parallel currency within Nigeria called the DOLLAR with a competing and opposing values to the Naira within the economy

And what you ignorant folks don't know about this import business is that the limit an importer can get from CBN is $10,000 and there is a very long queue and bribery going on before it will get to your turn to access the $10,000. The $10,000 is not even enough so import the needed products so importers buy more USD from the black market, pay into their dorm acct and send it to their clients abroad.
And as long as importers can't walk into a bank and buy USD, black market business will continue to flourish

baby124:
Good. I see the useless and lazy organized crime syndicate called BDC are always online chatting trash. After this they need to go and find farm laborer work or open factory.

People wey get money pass you papa.
Worst as it comes they will relocate out of the country leaving folks like you to suffer in this zoo called Nigeria

Konquest:

I'm only gonna respond to your post so that you don't mislead folks here. You didn't read my reply properly otherwise you would not have responded the way you did in a very uncouth manner.

Just to be very CLEAR, accredited BDCs exist in major countries of the world but NOT Illegal Aboki-style black market currency speculators which the EFCC had an altercation with.
The black market currency speculations is what I condemned here NOT accredited BDCs.

I'm a well-traveled man Internationally and incidentally have flown to those two geographical locations of the world that you quoted and more for business and leisure travels, so, I know what obtains Internationally.

Lol.. Even before you dreamt of entering dubai, i have gone and come back. Dubai speculators are way more than the ones in Nigeria. Even Dubai govt uses the market.

Konquest:

The so-called Aboki currency black market speculators have NOT always been in Nigeria like you stated.

It was during the military era especially in the early 1990s that these so-called Aboki currency black markets fully came into existence. The military dictatorships and their cronies propped them up and engaged in round tripping or currency speculations.

It's even annoying that a lot of these illegal black marketers are NOT Nigerians and they have been allowed to engage in economic sabotage through round tripping.

No where in serious developing or developed countries are these kinds of black markets allowed to exist to avoid distortions in the economy.

Go to dubai and france and see for yourself. Don't sit in your village and conclude.

This business is everywhere. Your useless govt dey use una play

walezy14:
Cancel BDC and sell forex in the banks. When there is no black market to take the dollar to by the bank executives, forex will balance.

You think say e easy like you dey talk?

Omenlon:
This is one areas I blame Tinubu govt. For crying out loud, I haven't seen anywhere people do forex business like Nigeria. I don't know of other Africa counties, but outside Africa, most countries restrict their forex to airport and the commercial banks. In Brazil it's a crime to transact business with foreign currency, not to talk of exchanging dollars on the street like Nigeria. That's is why in Nigeria most commercial banks are pushing their forex to the BDCs for more profits

Shut up bro. You haven't been to anywhere.

This business is existence in dubai, france, US and most developed countries. Nigeria is heavily dependent on imports hence the high demand for dollars.

Even in that same brazil currency and drugs trading exists very much

Taich:
so na BDC dey cause demand for FX? everyone in this government needs mental check up

Just leave those clueless people in govt. Business that have been in existence since the time of military rule.

They can't take accountability for their nonsense policies

EponObi:


Frustrated ipob fowl. Get out of my mention joor. 4x4 shop renter in Lagos claiming economy expert. 😂

Thank God I'm not as dull as you.
Pornhub has finished your brain

EponObi:


This mumu hen came back sha.

Like I said, go find folks on your wavelength to argue your kindergarten economics.

The problem with people like you is you don't know shit about how global economics works but always have an opinion. With everything Cardoso has been doing, if you still think he's trying to peg the exchange rate, you are a lost cause. You are irredeemable.

Again, you don't know shit but want to have an opinion.

You are too dull to speak on an issue like this.

You supported hence the reason you're supporting this rubbish policies flying up and down

EponObi:


Yeah, in your books.

Naira fall is by design. He perfectly understood the outcome before embacking on it, which is why I said he is bold. I understand you can't relate because we are not reciting ABC in this 🌽 ner. Go interact with folks on your wavelength.

Now, *Me chasing away the hen* suiiii suiii suiiiii

You are just senseless.
How many nations allow banks to determine their exchange rates?

You are one of those senseless tinubu supporters who prefers to die than to accept they voted a very useless candidate

nedekid:

Who even buys bta again? All these stories are just diversion army.

You are wise..
People in this forum are so daft and ignorant.

PTA and BTA transactions have been stopped since mid last year.

I just dey shake head as i dey read all these ignorant people comments

EponObi:
One thing you can't deny is that Yemi Cardoso is a breath of fresh air at the central bank. Calm, smart, strategic, precise, and BOLD!

I remember Ewelele doing gidigbo on national tv with abokiFX when he made that silly "You to fight? Come out and fight" statement or close.

This is Yemi fighting the same battle without noise. Respect a beg! ☺️

Do you have sense at all?
Cardoso is a failure

MisterBanny:
Pls keep quiet before Men start to dey Banter you. If niggaz reason ur matter, na u go run from social media I swear.

It is well with you guys, we appreciate ur input for the super Eagles, we had expected that u won the AFCON cup but that's Sports for u. At times u win, at times u lose. We win together, we lose together.

Leave am make e dey make mouth.
Until men run enter am for social media

Kenochi:
Kill off the parallel market and allow all dollars to go through the banking system only
I was informed that Nigeria is the one of the very few countries in the world that has a parallel market
A friend told me a funny story, he said he was explaining to his friend who was not a Nigerian this double rates and the guy kept asking why we have such operations
Also,with this new rule of collecting all dollars in naira,some illegal operations will just collapse
I don't want to mention anybody but these group knows themselves

Shut up your sillly mouth.
You have not gone anywhere. There is parallel market even in Dubai, malaysia, China etc.
Nigeria govt is a failure

atiku4President:

It means that if you have, if a bank has cash less than 20% of your money and it's going to 0% and you don't have need for it, maybe you have people in the abroad you can rely on, you can call them and find out what's really the problem with the exchange that makes it impossible for the naira to dollar rate to crash beyond what the masses can explain in their little way.

This is the dumbest explanation I've ever heard

CaptainZubi:
The military stands by all good citizens. Kindly exercise patience while terrorism is totally wiped out from our beloved nation.

Did you see the way they butchered that guy?
And you say exercise patience?
For how long?

Don't try it bro..
If you do, better come back to Nigeria and marry a younger wife.

Zonefree:
Must be skit.

No African mother will reject a successful son unless she's a witch.

The joy of every mother is to see her sons progress.


So, a 22 year old 200 level student should be broke and poor in Nigeria?
I bought my first land in 300 level.

This is the problem with Nigerians. The reason police profile a young boy driving a car as yahoo boy.

Young boys are making money without yahoo. Yahoo is not the only means of making money online.

As a student, learn a skill while studying. Don't always depend on your parents.

audio land

mastermaestro:


I didn't want to sound sadistic. You don epp me.

Lol..
Even for free, I won't collect that yam

Rrchrd:

Bc you don't know what is it used for

Bro...
My mum sells yam.
I know everything about yam.
Water yams are mainly for diabetic patients

This is water yam.
Very stupid yam

MrBroke:


Sex is fun, getting a sloppy BJ is fun, playong games is fun, making money is fun, being the best or getting celebrated is fun and dancing too is fun don't get me wrong. But intoxicating yourself dancing at midnight is no fun to me.

[b]When I see niggas drinking beer at the beer palor, I tend to laugh and wonder what is the fun there, if dem at least use better peppersoup with meat or fish that might be called enjoyment but drinking beer is no enjoymen[/b]t

Everybody have different ways of catching fun.
They all mustn't catch fun on your terms.