₦airaland Forum

*Difference between official and black-market rates is widening
*The rates briefly converged in June after naira devaluation


https://www.bloomberg.com/news/articles/2023-07-19/nigerian-central-bank-is-losing-a-battle-to-close-naira-rate-gap#xj4y7vzkg

Which battle dem neva lose

They had lost on the policy even before initiating it.

EsomahJD:
*Difference between official and black-market rates is widening
*The rates briefly converged in June after naira devaluation


https://www.bloomberg.com/news/articles/2023-07-19/nigerian-central-bank-is-losing-a-battle-to-close-naira-rate-gap#xj4y7vzkg

The rates will never converge.

Floating the naira with the hope of forcing a convergence in a country that has perpetually been plagued by forex scarcity is one of the most foolish policies ever enacted by a government led by humans.

Abi as lost already


🇳🇬 Nigeria don enter one chance

How Nigeria and Nigerians want to remain unproductive and beg God to drag dollar rate down is what i'm still trying to understand.

The funny thing is that the person most of you guys are tagging as the Messiah is even dumber than the Tinubu you guys are insulating


BAT till 2031


Sai Atiku

Yorubas will sink this country. They are more clueless than fulani

XerXers:
Yorubas will sink this country. They are more clueless than fulani

I think there ultimate goal is to grab the power to reposition their tribal fortune and not necessarily to better the country.