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

Dshocker:


We were making 100% to 130% on ROI, when dollar got to N1,600.

With N7m, you will make N14m.

I don't care how you, or rest of the country feels, after all, if you were in my shoes, you would wish the same.

dibunotion:
But ppl still sad about naira appreciating

jaxxy:


u have nothing to say or counter. ignore pls

Putindbutt:

Give me instances of CBN reducing rates, you couldn't because you have nothing upstairs than regurgitating bandwangon falsehood. you're ignored.

Tecnophone:
Nice development but not impressed. This time last year, a dollar to Naira is 580naira.

Putindbutt:

Where's the pumping?, dummies plenty on this forum.

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

orikoku:
This thing will hit a lot of people. How on earth will you be buying dollars as an asset. People will cry, I swear.

Engrbee:
Dollar go still rise, no be naija we dey so

maxiuc:
Time shall tell hehehehe

This Government stylishly goes back to their vomit hoping and praying that you don't find out

7lives:


But they were warned na, gold is their best bet, but they just don't get it.

NothingDoMe:
Lol you can clearly see the FG pumping USD to crash the price but you still cling to this Binance nonsense. 😂

lexy2014:


that is not what I asked you.

what makes you think Nigeria does not already have enough to feed 300million people?

noskcid:

Take it to Ghana or other west Africa state to sell then bring their currency here to sell to make more loss.

Na una Dey spoil this country 😂

membranus:


My wife bought dollars at N1550 a week or two ago for a failed project, only to sell them at N1,370 today, thereby losing some money. They were even advising her to quickly sell now, because by tomorrow it will further go down.

Thank God, Nigeria is on recovery mode.

seunmsg:


Why not let’s go back to the rate PDP met it in 1999. In addition, can we go back to the minimum wage of 1999?

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

stasius:
You will see the rush to dump the dollar by people the moment it gets to 1000.
Truth is that these politicians and leaders are the major ones hoarding dollars in billions and causing it to rise. When they want it to fall they will still dump it and make it fall.

I wonder what they are doing with all the hoarded currency anyway. Some are in forgotten underground tanks. Some have been eaten by rats. Some have been destroyed by rain. Why keep what you cannot use? Why?

mariahAngel:
When it finally gets to where Buhari left it, then we can have a conversation.
Until then... 🙄

Paramount01:


Without floating it ba?

Xammie001:


even the dollar value of last year isn't same this year, all currencies are losing values sir, so expecting it return back to 216 is just a vane dream, as at 2015 it was achievable due to excess crude account but now we are importing and our sales power is low.

Xammie001:
your question isn't clear sir
if you are talking about finances we have but money alone can't provide food for us sir

Xammie001:


Bro our greatest asset is actually agriculture bro.
imagine having enough to feed 300 million people everyday, boss that's bastard money

erniok:

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.

ValarDoharis:
So now they're defending the naira but at a higher exchange rate? Penny wise pound fuulish

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