₦airaland Forum

Look4success:
Short term or long term solution

Very short term but commendable

He is doing more than Buhari did

Look4success:
Short term or long term solution

Seems like short term plan as we don't have export capacity to earn fx to support this but it's a very welcome development.

Easybet1:
Chinedu in pains

How much was the dollar to naira when APC (All Political Criminals) stole power in 2015

If una like, no sell una dollar.

Oya

Jflex07:
I hope this dollar rate coming down,will continue until at least 700 naira.

Which N700?
We want it at the rate APC met it

aloziedaya:
Which N700?
We want it at the rate APC met it

At least 700 bro. This APC I know cannot bring that to the rate at which they met it.

Omo..hoarders are losing money as the naira is gradually settling to it's real value without subsidy. Make una continue holding on to the dollar una hear.

Obidients predicting 2000 to $1 have all gone mute.

Congratulations to Nigerians if this template is going on like this week in week out I think by July dollars is going to be 600 or 500 to naira and with direct payments from nnpcl to CBN naira would be bound back before the end of this year naira is going to be 300 to dollars inshallah with this steadily continuing

Lance008:
If Tinubu like mak he no do anything
If this Naira fit come down
He re election sure

Dey joke... Paid commentator...

How much was Naira when baba said subsidy is gon... The only way his re-election is sure is of he settle with the North before election...

Naira must rise.

Ok, meanwhile check my signature.w

It will reach 2k this year.
Don't trust Nigeria's economic, they will fvck everything up at last. Nigerian government is the last you should trust.
Naira will deep a little and go back to it's destination. That's how other crypto coins do.
In dollars we stand, in naira we fall!

But remember the BDCs have already been forbidden from buying dollar at more than N1,400 so it's just eye-service that is unsustainable.

chopnaira:
Omo..hoarders are losing money as the naira is gradually settling to it's real value without subsidy. Make una continue holding on to the dollar una hear.

Obidients predicting 2000 to $1 have all gone mute.

...

Wait till July... The loan they collected is still much available...

nairavsdollars:
If CBN is selling to BDCs at that price, how then will it go lower below 1k to a dollar?

They're gradually reducing it. The first time, it was sold for #1300. Now below that. Hopefully, the next phase would be very near 1k

My problem be say even with the appreciation, GTB no gree reduce US VISA Fee from #1800/dollar

Easybet1:
I bought at 1725 to a dollar. Should I dump it now and accept my loss

Go long... Hold leave the game The government is playing... You want your currency to be strong but you not producing and encouraging entrepreneur...


Lol...

Jflex07:
I hope this dollar rate coming down,will continue until at least 700 naira.

Is this not more than 3 times the N230 rate that APC complained about before they were elected in 2015

nairavsdollars:
If CBN is selling to BDCs at that price, how then will it go lower below 1k to a dollar?

they will keep adjusting the price. It was sold at 1300 before now 1251

Getting better

Let me know when it gets to #500.

As long as Nigerian politicians are forever corrupt and their measures are always temporary, I'll never convert my Dollar to Naira except I'm using it immediately. Apart from that, it's either in BTC or in Dollar, Pounds, or Euro. No going back. I can't

Funnily, smart people will use this opportunity to convert more Naira to Dollar because they know the highest it will take is 5-10 years and we'll be in another crisis.

Easybet1:
I bought at 1725 to a dollar. Should I dump it now and accept my loss

No,keep it till next year

keymatt:
How much washing the dollar to naira when APC (All Political Criminals) stole power in 2015

The question should be how much was naira to dollar before pdp,( poverty development party) was selected by Abdulsalam in 1999?

treesun:
https://nairametrics.com/2024/03/25/cbn-sells-forex-to-bdcs-n1251-1/

They are through with exchanging their loots to dollar at the moment.

It will still rise again when you all have relaxed.

Not yet.
Just observe more

Easybet1:
I bought at 1725 to a dollar. Should I dump it now and accept my loss

Dollar is not our currency,
if you love yourself, sell it NOW.......
NAIRA will continue to appreciate until it gets to USD1 -NGN80.00
THIS IS NOT YOUR USUAL government. Tinubu will shock you all.
Asking you to sell is to your advantage.
My fair is not that Tinubu will FAIL.
My fair is that after Tinubu have done so much just like Obasanjo, another Aboki will come and scatter all the effort made.
THE HATERS OF NIGERIA especially those badmouthing her in the committee of nations and those using social media will be shame this time.
GOD BLESS MY BELOVED COUNTRY. Bad people in a GREAT NATION.

When it finally gets to where Buhari left it, then we can start the conversation from there.
Until then... 🙄

olumideinfo:
Dollar is not our currency,
if you love yourself, sell it NOW.......
NAIRA will continue to appreciate until it gets to USD1 -NGN80.00
THIS IS NOT YOUR USUAL government. Tinubu will shock you all.
Asking you to sell is to your advantage.
My fair is not that Tinubu will FAIL.
My fair is that after Tinubu have done so much just like Obasanjo, another Aboki will come and scatter all the effort made.
THE HATERS OF NIGERIA especially those badmouthing her in the committee of nations and those using social media will be shame this time.
GOD BLESS MY BELOVED COUNTRY. Bad people in a GREAT NATION.

Dollar will exchange for N0.001 to 1$ soon.

Easybet1:
I bought at 1725 to a dollar. Should I dump it now and accept my loss

Wait for election cycle, the people that love to bribe delegates with dollars will come looking for you. As long as EFCC can’t track and investigate campaign financing, this dollars will go up and down .

As it goes down, expect import to increase again and the govt to be short of dollar to meet supply once more. Vicious cycle.