Below 800 let's see what he'll do

@OP, be reminded that the rates were better a few weeks ago when dollar was exchanging at #725 to $1 (about 2 weeks ago). Everything started rallying up as soon as it became clear that Tinubu is to be sworn in. Do you need a prophet of doom to tell you that Nigeria is having a bumpy ride soon? This is a very bad omen. Many have also kick-started their japa syndrome, because it's not going to be easy mehnn.

Believe me, if it was Obi/ Datti that was declared winner, the exchange rates would have been on the downward slide in favour of the naira. It would have restored investors confidence in Nigeria to some extent. Those who pulled back would have had some beacon of hope and given some slack.

Let me tell you, those self acclaimed powerful people that stole Obi's mandate thought they're politically powerful. You can't call yourself a Richman when members of your household are in abject poverty. It'll hurt everybody eventually. What goes around comes around.

Well noted.

Good. Let us start holding our leaders responsible.

you people no well....
this is not the official rate internationaly....
this is black market rate....

i dont blame una,i blame the goverment that is not serious makin it a criminal offence....
try this nonesense in other nations,they would put you in jail....

I bought dollar @ ₦780 on Friday.

So what magic do you want new President to perform about weak Naira? Does he have a dollar-printing machine?

His only realistic approach would be to convince multinational oil companies to increase their investments in Nigeria to raise our oil production to about 3m barrels per day. But even this option would take a few years to achieve.

It is N766 right now on Binance P2P.

When Sanusi was leaving the job for Meffy, exchange rate was 165, within one year still under Meffy, it had turn to 216. All these happened under Jonathan, so Meffy is the problem not anyone else.

One of the mistake of Buhar was not finding a way to fire him.

They need to work on this exchange rate, it was 730 about 3 weeks ago.

Things will become unbearable for the masses if this trend continues.

i find it funny,how most things in the world today is made in china or other asian countries....
but una still dey carry dollar for head like una lifes depend on it....

tsdarkside:
you people no well....
this is not the official rate internationaly....
this is black market rate....

i dont blame una,i blame the goverment that is not serious makin it a criminal offence....
try this nonesense in other nations,they would put you in jail....

you never even leave your papa house and your there telling us what will happen in other countries.

Did you ever watch south African parament

Madmohamed123:
you never even leave your papa house and your there telling us what will happen in other countries.

Did you ever watch south African parament

you mean parliament....
yes,i did....what about it....??

Heffalump:
@OP, be reminded that the rates were better a few weeks ago when dollar was exchanging at #725 to $1 (about 2 weeks ago). Everything started rallying up as soon as it became clear the Tinubu is to be sworn in. Do you need a prophet of doom to let you know that Nigeria is having a bumpy ride soon? This is a very bad omen. Many have also kick-started their japa syndrome, because it's not going to be easy mehnn.

Believe me, if it was Obi/ Datti that was declared winner, the exchange rates would have been on the downward slide in favour of the naira. It would have restored investors confidence in Nigeria to some extent. Those who pulled back would have had some beacon of hope and given some slack.
Let me tell you, those self acclaimed powerful people that stole Obi's mandate thought they're politically powerful. You can't call yourself a Richman when members of your household are in abject poverty. It'll hurt everybody eventually. What goes around comes around.

Very dumb comment

demmie1:


Very dumb comment

As dumb as your comment. We're all in it together, so chill.

Yourprick:
.

Are you think 1 dollar will be equal to 1 naira?

Today’s exchange rate

FlamingoCityTv:


Are you think 1 dollar will be equal to 1 naira?

lol nah....but you remember how Buhari left it ,at least he should get close to that 8 years is def enough with good policies

tsdarkside:
you people no well....
this is not the official rate internationaly....
this is black market rate....

i dont blame una,i blame the goverment that is not serious makin it a criminal offence....
try this nonesense in other nations,they would put you in jail....

That's the rate that is available to the masses

Igwe9:

That's the rate that is available to the masses

look excuse....
soo banks dont have money to exchange....??

na nigerian goverment that is not takin the matter serious....
every attempt to stabilize the naira always fails because of people like you....

Tinubu asked Journalist if Nigeria spends dollars or earn in Dollars... He made it clear he isn't focussing on Dollar but simply local economy

tsdarkside:
you people no well....
this is not the official rate internationaly....
this is black market rate....

i dont blame una,i blame the goverment that is not serious makin it a criminal offence....
try this nonesense in other nations,they would put you in jail....

460 is what I saw at Jaiz bank last time I withdraw at the counter

tsdarkside:
i find it funny,how most things in the world today is made in china or other asian countries....
but una still dey carry dollar for head like una lifes depend on it....

this baffle me, we should be dealing in Yen or yun

abhosts:
I bought dollar @ ₦780 on Friday.

So what magic do you want new President to perform about weak Naira? Does he have a dollar-printing machine?

His only realistic approach would be to convince multinational oil companies to increase their investments in Nigeria to raise our oil production to about 3m barrels per day. But even this option would take a few years to achieve.

Must it always be oil based?

I can name three countries whose per capita income betters Nigeria's yet they're not oil-producing.

These politicians here are quite ingenious at looting the commonwealth but comatose in creating.

If everything goes sideways for tinubu, pls let us all vote Peter Obi in the next general election

He knows how to manuevre this things

tsdarkside:
you people no well....
this is not the official rate internationaly....
this is black market rate....

i dont blame una,i blame the goverment that is not serious makin it a criminal offence....
try this nonesense in other nations,they would put you in jail....

If U supported Tinubu then U are Naija's biggest problem. U complain too much.

abhosts:
I bought dollar @ ₦780 on Friday.

So what magic do you want new President to perform about weak Naira? Does he have a dollar-printing machine?

His only realistic approach would be to convince multinational oil companies to increase their investments in Nigeria to raise our oil production to about 3m barrels per day. But even this option would take a few years to achieve.

Please don't give excuses. When U were shouting emilokan U 4get how difficult it is to run Nigeria. If U give excuses thunder will fire U.

Let's keep this post and know how far we move ahead.

I want him to succeed anyway.

Baba is in for it, real scrutiny but he should first package emefiele first

Let's pray the dangote refinery starts refining as soon as possible say August as promised. Hopefully before the end of the year the exchange rate becomes better