₦airaland Forum

Let the whole thing be fairly looked into such that people don't loose funds and it doesn't affect the Naira

It's none of my biz

Weldon FG

Hmmmmmmmmmm.................
I wept Terribly this afternoon,I almost went mad when I couldn't buy usdt this afternoon,I had to call some of my friends because I thought I was banned by binance.
Asiwaju should instruct those in charge to stop this policy and allow binance continue with their crypto trading.
I tried to receive money from An African country yesterday,this is a true story,it was a sad tale,it seems Nigeria is being cut off from the world.
Even the remittance companies are refusing to release money once they see it's being sent to Nigeria.
I'm for regulating the activities of Binance in Nigeria,but to totally stop Nigerians from buying crypto currency is a throwback to the medieval days,I appeal to Asiwaju to please open negotiations with crypto exchanges operating in Nigeria.
I believe the Minister of Digital Economy,the Minister of Finance and if possible the EFCC and NSA should sit down and deliberate on how to sanitize and regulate all crypto exchanges in Nigeria.
Sincerely it's a terrible move by the government,binance is a top notch exchange that only allows purchase after a thorough KYC,if there's any money laundering on the platform, Government can easily pick out the individual and ask for his KYC.
I appeal again to the government not to throw away the baby and the bath water.
Binance has also started some self correction,its dollar to naira price on some crypto tokens are same with the government rate,I appeal to Government to please allow us start trading.
There are some of us who were very sure the kind of manipulation going on in binance will eventually lead to his closure,but I believe Government should tamper Justice with mercy and give it a second chance.
God bless Nigeria.

Sunisonflex39:
Omo..e be like naira will be 1200 in two days

I hope price of food items in the market will also crash cos a lot of people are struggling to feed

Very good

This politicians want to destroy legit source of income for Nigeria in attempt to save their drowning and incompetent political carriers

Na wa o

nlfpmod:
https://gazettengr.com/binance-disables-p2p-function-amid-clampdown-from-nigerian-authorities/

hmmm, trial an error government.

Hehe what is balablu doing? People who made binance the arbiter of exchange rate will suffer heart attack.

What is Binance and why should I care? I remember Whitemoney’s Binance advertisement. The thing no even make sense for my mind.

Just dump and make your profit

E go bad for contri asweeah...

Its gone

I hope that the unpatriotic speculators lost all their money

No Be Small Thing ooooo

Babalegba:
I hope that the unpatriotic speculators lost all their money

You wish 😂😂

Mrbenny001:
This politicians want to destroy legit source of income for Nigeria in attempt to save their drowning and incompetent political carriers

Binance is not a legit source of income. Any profit you make from crypto trading is tantamount to printing money as you didn't bring anything of value to the society. Govt cannot ban it though. Politicians earn money without doing anything of value so why can't the average citizen?

Noted

Tinubu government should have dropped and completely banned street hucking of naira in the name of black market/bureau de change.

Omo, thank God I sold earlier today

captainbangz:
Omo, thank God I sold earlier today

At binance ??

omron:
Chai. I am going to relocate to another country. I will leave nigeria for Una. TINUBU Tinubu GOD PASS YOU THIS IS WHAT SOME UNEMPLOYED NIGERIAN YOUTHS DO TO SURVIVE NOW U BANNED IT WE WIL PRAY TO ALMIGHTY GOD TO FIGHT OUR CAUSE. REMEMBER WHAT HAPPENED TO ABACHA GOD FOUGHT FOR US

let's hear word

lrman:
At binance ??

Yes sir

Be patient. It will be back. Guess talks are on on how to regulate it on Binance.

sonofthunder:
So what does this signify and what are the alternatives for Nigerians that already have crypto currencies?

Hope the lamba king is learning how to be a purposeful leader. It is not by shouting "if you add the number of cows in China and divide it by the number of goats in Japan, then you will have consumption to production"

Even as a husband and a father, you get to make very difficult decisions that people in the home may not understand or agree with at that time but when the rewards show up, they may even be the ones that enjoy the rewards the most.

That is leadership. You identify the threats and start dealing with them. You can accuse the CBN of trial and error or whatever but what you cannot accuse them of is sitting back and letting things deteriorate.


However, those with financial knowledge agree that CBN is taking a series of decisions that compliment each other, it iis only when you look at them in isolation that it looks like it they do not know what they are doing.

CBN says 26B passed through Binance in the last one year and somehow did not enter the banking system, the CBN cannot seat back and accept defeat. I am proud of them

SensualMan:
OK... Some have food...
Some can eat but have no food...

some dey sell and shoot their children cos of food

I sold mine on bybit, 750 usdt for chicken change

This one hit me badly sha.

We shall still survive. Very sad

nlfpmod:
https://gazettengr.com/binance-disables-p2p-function-amid-clampdown-from-nigerian-authorities/

I can't fully comprehend why some people are complaining, we exchanged $28b value of crypto in 12 calender month,the effects of which are manufacturing companies can't buy raw materials, sick people can't seek treatment, importers are stranded, students can't pay school fees, hyper inflation etc.

VeryWickedMan:
OP Naira is still there. Search well.
It's just been rebranded to Shege (SHG).