No currency on Earth today matches the NIGERIAN NAIRA, in the speed of its ascendancy.

No currency even comes close, as the Naira continues to smash all known records, on its way up!

From approximately 1,300 Naira to the Dollar barely a week ago, the NAIRA has seen its value rise astonishingly, to 799 Naira To 1 Dollar, as at this minute!

This is highly unbelievable, and a very welcome development.

Industries and businesses across the nation are in jubilant mood tonight.

Kudos to Mr President for the financial wizardry he has displayed thus far at the helm of the nation's affairs.

'Naira Jumps On Nigeria's Streets'
https://www.bloomberg.com/news/articles/2023-11-03/naira-poised-to-strengthen-on-parallel-market-after-crypto-gain

Very simple... No more CBN subsidized dollar trade at whatever price favour you

When you don't access Oyel money dollar you will patronize local manufacturer

Erisco instead of Hienze

Innosun, Peaguet, Nord instead of Toyota

Action bitters instead of Amarula


.

Karlovich:
Aphonj*rs should realize that propaganda helps no one, this was Awo's strategy in the 60s and 70s and it only led him to a bottle of ratak when Babangida wanted to verify all the falsified claims he made while he was still the finance minister, spits!

Which propaganda?

Oga, go on Google currency converter and check for yourself nau...

Which one is propaganda here?

Cruise777:





Very simple... No more CBN subsidized dollar trade at whatever price favour you

When you don't access Oyel money dollar you will patronize local manufacturer

Erisco instead of Hienze

Innosun, Peaguet, Nord instead of Toyota




.

Our law makers are patronizing toyota

Op you no get shame??

Solsix:

Our law makers are patronizing toyota

Recall them as a constituite or stop voting them

This nonsense won’t last. Until the exchange rate becomes #350/$, then what you are saying will make sense. Tinubu should intensify efforts to bring the rate below what Buhari left it before you can start hyping him.
The last time Naira appreciated by #100 and you all started making noise like this, it got worse by #270 just 2weeks after.

It feels good to have a highly intelligent, financially astute economic team working out of Aso Rock.

What a breath of fresh air compared to the Buhari era!

It's like the difference between night and day!

Catapault:
No currency on Earth today matches the NIGERIAN NAIRA, in the speed of its ascendancy.

No currency even comes close.

From approximately 1,300 Naira to the Dollar barely a week ago, the NAIRA has seen its value rise astonishingly, to 799 Naira To 1 Dollar, as at this minute!

This is highly unbelievable, and a very welcome development.

Industries and businesses across the nation are in jubilant mood tonight.

Kudos to Mr President for the financial wizardry he has displayed thus far at the helm of the nation's affairs.

'Naira Jumps On Nigeria's Streets'
https://www.bloomberg.com/news/articles/2023-11-03/naira-poised-to-strengthen-on-parallel-market-after-crypto-gain

Stop deceiving gullible minions. I am very happy with the strengthening of the naira if only it will bring down the prices of goods. Why are u comparing black market rate to IE window rate. U quoted the highest black market rate ever of N1300 with the current IE window rate just to score cheap political point. The current black market rate is 985 on binance as I type. Propaganda won't help.

This noise will stop in 3 weeks time. We dey watch

Hahahahahahahaha


wizandry ko
Harry Potter ni

Bulabans are mad people after all

There's always a sprinkling of that Lagos Magic in everything Tinubu touches.

That assuredness of purpose, allied to requisite knowledge and intellectual wherewithal to effect desired outcomes.

zombieHUNTER:
Hahahahahahahaha


wizandry ko
Harry Potter ni

Bulabans are mad people after all

Look at this Alaba trader pretending he's not happy.

Na una wey this news favour pass.

Catapault:
It feels good to have a highly intelligent, financially astute economic team working out of Aso Rock.

What a breath of fresh air compared to the Buhari era!

It's like the difference between night and day!

The truth is that you know that you are lying to yourself

Bobloco:


The truth is that you know that you are lying to yourself

See, this is the thing. In any other country, the leaders would be hailed as economic geniuses for this dramatic surge in currency value.

We never value what we have in this country!

We have some great economic minds here.

World class minds.

Karlovich:
Aphonj*rs should realize that propaganda helps no one, this was Awo's strategy in the 60s and 70s and it only led him to a bottle of ratak when Babangida wanted to verify all the falsified claims he made while he was still the finance minister, spits!

Osu rest.We are the progressives right from time.
We think and act positively.When we make mistakes as humans,we ammend.
We are taking Nigeria to an enviable height where everybody will be positively oriented.
We are all going to thank the Omnipotent very,very soon.
God is the Omniscient,the Redeemer,the Sublimest.
He always triumphs.

Catapault:


See, this is the thing. In any other country, the leaders would be hailed as financial geniuses for this dramatic surge in currency value.

We never value what we have in this country!

We have some great economic minds here.

A notorious narcotics drug trafficker, a certified certificate forger who was the guinea pig student of government college lagos used to test run the school four years before it was founded is what you are describing as possessing financial wizardry.
Well it is possible but don't you think it's too early to begin to praise him.

Give it some time to see whether the naira appreciation is sustainable

Commendable.

Jobless folks everywhere

Dem don come again.

Catapault:


See, this is the thing. In any other country, the leaders would be hailed as financial geniuses for this dramatic surge in currency value.

We never value what we have in this country!

We have some great economic minds here.

Dear bulabarian...,Tinubu met the dollar at 700naira.


Let him get it below that amount before u can jubilate.. he is a genius when naira appreciates,but it is not his fault as he is not a magician when It depreciates


Bulaba 101 logic

Bobloco:


A notorious narcotics drug trafficker, a certified certificate forger who was the guinea pig student of government college lagos used to test run the school four years before it was founded is what you are describing as possessing financial wizardry.
Well it is possible but don't you think it's too early to begin to praise him.

Give it some time to see whether the naira appreciation is sustainable

What does an election rigger, corruption personified criminal know about currency?

Catapault:
There's always a sprinkling of that Lagos Magic in everything Tinubu touches.

That assuredness of purpose, plus requisite knowledge and intellectual wherewithal to effect desired outcomes.

I thought He was not a magician when it was #1300, now he has suddenly become one. Mumu Agbadorians.

Karlovich:
Aphonj*rs should realize that propaganda helps no one, this was Awo's strategy in the 60s and 70s and it only led him to a bottle of ratak when Babangida wanted to verify all the falsified claims he made while he was still the finance minister, spits!

Ozuor. Yam leg haters
Always sad when the country experiences good news.
Evil set of people.
Obi the thin faded female voiced clown will never be president of Nigeria and you all can wail till death

.
Igbo traders now...

''Nna lekwanu ego o!''

Karlovich:
Aphonj*rs should realize that propaganda helps no one, this was Awo's strategy in the 60s and 70s and it only led him to a bottle of ratak when Babangida wanted to verify all the falsified claims he made while he was still the finance minister, spits!

Complete lie. Between Awolowo and babangida you had MMM, Obasanjo, Shagari and PMB and it took these many years to falsified claims and it was IBB a guy whose SAP began the real pro max devaluation of the naira?

What exactly was "Awo's strategy" you are very careful to say nothing because you don't even know anything.

All you want to do is engage in tribal wars without facts or even common sense.

Only a person with a similar mental composition will believe this tripe you've written.

Hoarding Dollars. by donmaxman: 6:51am
You know nothing about exchange rate. This will not stand the test of time. Imagine borrowing 10 billion dollars to salvage the naira. What happens after the money finishes? The debt would have to be paid back with interest in dollars. The only sustainable way to grow the naira value is by production and not by voodo economics or by foreign direct inflow. FDI is almost zero for now. No investor takes Nigeria serious anymore. The currency is unpredictable. The diaspora remittances that use to come through western union and money gram and prop up the naira has dried up because the Nigerian banks were taking our dollars and giving our family naira at CBN fixed route. Now no one routes money through that means instead foreign apps collect the forex and credit your naira account from their Nigerian account at the black rates shutting out CBN and making Nigeria lose completely. Emfiele realized this and tried to attract the diaspora earnings but the damage and trust has been broken forever and this heavily impacted on the naira value. Nigeria will have to fork out more dollars in the future to pay the 51 billion dollars foreign debt. Don't be fooled by this gimmick, the foreign reserves have been depleted. Crude oil earnings have depleted. Nigeria is competing in the same market with the USA and Canada to sell crude. Most of us in the diaspora are thinking of selling off our investment in Nigeria and repatriating the funds to safer clime because we know your naira is useless. Imagine a former president printing 72 trillion naira without national assembly approval and without consequences . Can you invest in that kind of country? Bro forget naira is almost toilet paper or monopoly money. No body that is wise stores his wealth in naira. Pressure for forex is far more than the income. My only regret was even having some of pension and assets in naira. Forget Naira!!!

Are we producing now? What is strengthening the naira?

This artificial recovery wont last

Catapault:
There's always a sprinkling of that Lagos Magic in everything Tinubu touches.

That assuredness of purpose, allied to requisite knowledge and intellectual wherewithal to effect desired outcomes.