LMAO. WHAT YOU IS SAID IS TRUE BRO. JUST THAT YOU ARE WICKED MAN.

flyca:
At this rate, N1to $1 --- Vision 3050

TRUE TALK BRO. YOU HAVE YOUR ANALYSIS ON POINT. THE PLAN IS TO CUT THE GAP WITH PARALLEL MARKET. AS FAR AS THE 41 BANNED ITEMS CAN NOT ACCESS FOREX, THE STREET MALLAMS WILL STILL THRIVE AND ABOVE ALL WE ARE STILL AN IMPORTING NATION. LETS WAIT AND SEE WHAT THE SECOND QUARTER HOLD BEFORE WE BEGIN TO EITHER PRAISE OR CONDEMN THE POLICY. GOD WILL HELP WE, THE COMMON MAN, AMEN.

SamMilla1:
It's back to 340 this evening; Call your Mallam.
The Kangaroo hide and seek policy will be running in circles.
There is no foundation and structure to sustain floating forex policy except CBN knows how much dollar people need in a day, which is impossible.

This is Nigeria, so it's either you devalue and stablize or you stick to your hard-line and criminal disbursement of our dollars to your friends and relatives.
There is too much corruption in the system and it will take years to clear.
Some people will have to be jailed forever before we can achieve that, That's what the Chinese did and maintained.
The problem is that some animals already believe that it's a way of life to cheat the system.
When you appoint your friends and family to CBN or any agency ahead of more qualified people, That's massive corruption. You may think you are doing them a favour but the truth is that you are setting the country back.

Either way, we can only suffer it for a few more years before you either finish your tenure or die. Time takes care of everything.
I am not wishing you death, it's a natural occurrence that seems to target old people more than the young ones.
Just that we fail to acknowledge that.

And before the trigger happy banner pull his trigger, understand that i am just saying the truth and that i don't care.

If you can read through the lines below as seen on Reuters news, for those who think the autonomous/black market will just get out of the way like that, then we are still learning because if you read through the lines you will understand exactly what i am trying to say.




Mr Emefiele said that categories of items classified as “not valid for foreign exchange” would continue to be shut out of the official dollar markets, raising the prospect of continued trade on a parallel market.

Chart: Nigerian Naira
Instead, the government rationed foreign currency to so-called strategic industries, bringing other businesses that could not access foreign currency to a standstill or forcing them to a flourishing black market where the naira has regularly traded at above N350 to the dollar.

Razia Khan, chief economist for Africa at Standard Chartered Bank, said that Nigeria had boxed itself in by leaving the devaluation too late. That had left a backlog of $6bn-$9bn of unsatisfied foreign exchange requirements, which would be impossible to fulfil in one go without reducing foreign reserves to dangerous levels.

If you can read through the lines below as seen on Reuters news, for those who think the autonomous/black market will just get out of the way like that, then we are still learning because if you read through the lines you will understand exactly what i am trying to say.




Mr Emefiele said that categories of items classified as “not valid for foreign exchange” would continue to be shut out of the official dollar markets, raising the prospect of continued trade on a parallel market.

Chart: Nigerian Naira
Instead, the government rationed foreign currency to so-called strategic industries, bringing other businesses that could not access foreign currency to a standstill or forcing them to a flourishing black market where the naira has regularly traded at above N350 to the dollar.

Razia Khan, chief economist for Africa at Standard Chartered Bank, said that Nigeria had boxed itself in by leaving the devaluation too late. That had left a backlog of $6bn-$9bn of unsatisfied foreign exchange requirements, which would be impossible to fulfil in one go without reducing foreign reserves to dangerous levels.

domainOfficial:
l suggested implementation of market determined exchange rate at the beginning of this year. Finally they accepted my suggestion.

how will it help stabilize the naira against the dollar? with this definition. market force, is a system in which the value of a nation's currency is determined by market forces without intervention by the government.

I wish to know the black market rate of cedi/naira in ghana as of today. the rate GTB charged my friend now, which he just forwarded to me is GHS 1.00 to #80.00 see below.


BANK ATM RATES

DATE LOCATION BANK RATE CUR
15/05/16 Ghana GTB N80 GHS

how much this. pls reply asap to my mail solarijose@yahoo.com

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hw far hw much is this 1 reply to my mail solarijose@yahoo.com

hoe far na did not hear from you again

this baby has been sold. and the buyer is already enjoying it

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pls send pix to solarijose@yahoo.com very serious and urgent reply to my mail asap. what's the mileage

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mail me ur last price. solarijose@yahoo.com

where are all the man utd hataz? we re man u we are champs u.

I love dis car bt can it fly for 370k mail solarijose@yahoo.com

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I have a #500k I need a used tinylight reply me solarijose@yahoo.com

#500k mail me solarijose@yahoo.com
if you deal I will come with the cash on wednesday

this car is worth more than #750k nw all this nairaland bois go just de price anyhow

the chairman is high on something like sawa palp jor dry raking.

some haters will nt just go and look for food to eat when they are hungry. that was hw you guys make noise last season united still won the league

I know her.. She was my friend on facebook since
1922..
# Chick..

the babe strong die na she and bill gates start microsoft na.

can #530,000 fly this ride am very very interested reply me mayorjosy@gmail.com

send pix to solarijose@yahoo.com