Take this advice and you will not regret it. They are borrowing massively to defend the Naira.


The last administration which Tinubu does not want to bring to book finished Nigeria kpatakpata.

The looting in the last 8yrs under Buhari was unprecedented.

Tinubu must jail Malami, Mele Kyari, Daura's most famous recharge card seller etc after recovering the properties anf funds they stole

Dollars is getting more and more stronger against all currency pairs but Naira won't be badly beaten anymore

SadiqBabaSani:
Take this advice and you will not regret it. They are borrowing massively to defend the Naira.


The last administration which Tinubu does not want to bring to book finished Nigeria kpatakpata.

The looting in the last 8yrs under Buhari was unprecedented.

Tinubu must jail Malami, Mele Kyari, Daura's most famous recharge card seller etc after recovering the properties anf funds they stole

Buy more dollars for what? Is that our currency? People like you would have been in jail if it were to be in a saner clime. Have you heard of some in UK or Canada stockpiling other countries currency?

Hoelujohn:

Buy more dollars for what? Is that our currency? People like you would have been in jail if it were to be in a saner clime. Have you heard of some in UK or Canada stockpiling other countries currency?

Even those that are to put him in prison would prefer dollars. Your politicians prefer dollars just like the president.

I'm just laughing at these fools,I'm keeping my dollar and will keep buying dollar with any new income that I want to save.

SadiqBabaSani:
Take this advice and you will not regret it. They are borrowing massively to defend the Naira.


The last administration which Tinubu does not want to bring to book finished Nigeria kpatakpata.

The looting in the last 8yrs under Buhari was unprecedented.

Tinubu must jail Malami, Mele Kyari, Daura's most famous recharge card seller etc after recovering the properties anf funds they stole

The politicians themselves are buying more dollars to stash away.

I think that this dip is temporary but in the long term, naira will appreciate.

Nigeria's main import is petroleum products and you all know about the multiple refineries coming on stream next year.

That's before we start talking about CNG, so the naira will appreciate long term.

And you people are also forgetting that Nigeria's export has been increasing steadily.

Are you listening to the Tinubu brigade of idiots?

Naira is strengthening my foot.

I'm sure very soon the useless president and his greedy team would conceive the 'bright' idea of raiding people's dom accounts and forcing their hopeless Naira on you at the government's rate. But some of us will continue to outsmart them.

SadiqBabaSani:
Take this advice and you will not regret it. They are borrowing massively to defend the Naira.


The last administration which Tinubu does not want to bring to book finished Nigeria kpatakpata.

The looting in the last 8yrs under Buhari was unprecedented.

Tinubu must jail Malami, Mele Kyari, Daura's most famous recharge card seller etc after recovering the properties anf funds they stole

BAD BELLE. You are not happy with the current positive development.

It is well

Buy more dollars nah...why are you telling us?

Hoelujohn:

Buy more dollars for what? Is that our currency? People like you would have been in jail if it were to be in a saner clime. Have you heard of some in UK or Canada stockpiling other countries currency?

Other countries have sane leaders, they don't have certificate forgingvdrug barons as president.

Okoroawusa:
Buy more dollars nah...why are you telling us?

We are buying, why are you sad?

Zxcvbnmghtr:


BAD BELLE. You are not happy with the current positive development.

2herebis the positive? Prices in every market is still appreciating in naira.

SadiqBabaSani:
Take this advice and you will not regret it. They are borrowing massively to defend the Naira.


The last administration which Tinubu does not want to bring to book finished Nigeria kpatakpata.

The looting in the last 8yrs under Buhari was unprecedented.

Tinubu must jail Malami, Mele Kyari, Daura's most famous recharge card seller etc after recovering the properties anf funds they stole

They are not defending the naira. They are paying off fx forward debt to banks and releasing airline trapped funds. This is creating liquidity. Liquidity addresses hoarding and speculation. It does not address real demand. But here you are asking people to speculate not even import. You are asking people to make money without the creation of jobs or value.

People like you are the problem and you will lose money until you realize that there is a good reason why the best gamblers leave the table while they are ahead. The government is simply creating house rules that define the probability of making money on the lifestyle you are advocating.

By January speculators would be declaring bankruptcy. Dey play

BreconHills:


They are not defending the naira. They are paying off fx forward debt to banks and releasing airline trapped funds. This is creating liquidity. Liquidity addresses hoarding and speculation. It does not address real demand. But here you are asking people to speculate not even import. You are asking people to make money without the creation of jobs or value.

People like you are the problem and you will lose money until you realize that there is a good reason why the best gamblers leave the table while they are ahead. The government is simply creating house rules that define the probability of making money on the lifestyle you are advocating.

Where did they get the money to provide liquidity? As long as I can't get dollars from every Nigerian banks across the counter, what you are doing now is just speculation by the CBN.
But we encourage them, we will be hopping in and out.

bhella10:
By January speculators would be declaring bankruptcy. Dey play

Don't mind them, all the northerners hoarding dollars in their BDC will be by the roadsides begging for food

Hoelujohn:

Buy more dollars for what? Is that our currency? People like you would have been in jail if it were to be in a saner clime. Have you heard of some in UK or Canada stockpiling other countries currency?

The people to be in life jail today are Buhari and those APC enemies of Nigeria who looted the country's treasury

Hoelujohn:

Buy more dollars for what? Is that our currency? People like you would have been in jail if it were to be in a saner clime. Have you heard of some in UK or Canada stockpiling other countries currency?

this one still the carry Nigeria matter for head. Even Nigeria past and present leaders are not patriotic. They are only there to still as much as they can before the country will collapse. There are many thing your leader are not telling the masses. If you look at how Nigeria leader governs this country you will know that something is fishy. The only patriotic Nigerian are the poors. The earlier you hustle and plan for your generation the better for you

successmatters:


Where did they get the money to provide liquidity? As long as I can't get dollars from every Nigerian banks across the counter, what you are doing now is just speculation by the CBN.
But we encourage them, we will be hopping in and out.

I get my dollars over the counter. I don't know which bank you use.

Can dollar speculators even hold out? Monday promises to be worse. Even If I borrow concessionary funds to pay off short term debts ( unlike borrowing to build infrastructure ) I relieve pressure on my reserve calls and thereby punish speculation and hoarding. I also strengthen my short term reserves by removing short term or unpaid calls.

There are at least three sovereign wealth funds coming with funds with the concessionary $10 bn by Dec- Jan. The market is pricing in all available information in same way as it led a run on the naira based on JP Morgan expose.

Where you are all making the error is thinking thst the game is meeting import demand. No. The game is punishing speculation and creating a casino table effect - the longer you stay at the table, the lower your chances of beating the house. Result is liquidity.

BreconHills:


I get my dollars over the counter. I don't know which bank you use.

Can dollar speculators even hold out? Monday promises to be worse. Even If I borrow concessionary funds to pay off short term debts ( unlike borrowing to build infrastructure ) I relieve pressure on my reserve calls and thereby punish speculation and hoarding. I also strengthen my short term reserves by removing short term or unpaid calls.

There are at least three sovereign wealth funds coming with funds with the concessionary $10 bn by Dec- Jan. The market is pricing in all available information in same way as it led a run on the naira based on JP Morgan expose.

Where you are all making the error is thinking thst the game is meeting import demand. No. The game is punishing speculation and creating a casino table effect - the longer you stay at the table, the lower your chances of beating the house. Result is liquidity.

You get your dollars over the counter at which rate?

BreconHills:


I get my dollars over the counter. I don't know which bank you use.

Can dollar speculators even hold out? Monday promises to be worse. Even If I borrow concessionary funds to pay off short term debts ( unlike borrowing to build infrastructure ) I relieve pressure on my reserve calls and thereby punish speculation and hoarding. I also strengthen my short term reserves by removing short term or unpaid calls.

There are at least three sovereign wealth funds coming with funds with the concessionary $10 bn by Dec- Jan. The market is pricing in all available information in same way as it led a run on the naira based on JP Morgan expose.

Where you are all making the error is thinking thst the game is meeting import demand. No. The game is punishing speculation and creating a casino table effect - the longer you stay at the table, the lower your chances of beating the house. Result is liquidity.

Bro pls which bank?. And what's the rate there?

Also pls how fast is form A?...

Thank you

Honlucas:



Bro pls which bank?. And what's the rate there?

Also pls how fast is form A?...

Thank you

Let's see if the bros will reply

1x2x3:


Even those that are to put him in prison would prefer dollars. Your politicians prefer dollars just like the president.

abi ooo

Remember Ganduje video and how many years ago that was...to tell you that even as far back as then their leaders gangan don leave naira in the shitter teytey...lol

SadiqBabaSani:
Take this advice and you will not regret it. They are borrowing massively to defend the Naira.


The last administration which Tinubu does not want to bring to book finished Nigeria kpatakpata.

The looting in the last 8yrs under Buhari was unprecedented.

Tinubu must jail Malami, Mele Kyari, Daura's most famous recharge card seller etc after recovering the properties anf funds they stole

Goatluck Jonaddaft nko? Does he deserve to be walking free?

Honlucas:



Bro pls which bank?. And what's the rate there?

Also pls how fast is form A?...

Thank you

GT bank is still paying USD over the counter - at least my branch. Just insist on NOT receiving small denominations Rate? Why? You can do whatever you want with your dollars.

I have been lucky with form A - 2 weeks but i hear not everyone is.

successmatters:


You get your dollars over the counter at which rate?

Ok so it's earned USD. Not buying

Honlucas:



Bro pls which bank?. And what's the rate there?

Also pls how fast is form A?...

Thank you

Sorry let me add. Its earned USD not purchases.

BreconHills:


Ok so it's earned USD. Not buying

Please help me explain that? Thanks.

Is it like USD that comes into your account from earnings, or inflows from the business you do?

If Naira is not strenghening because of production (exports) or cut in imports, then it's Phyrric victory. One to watch.