₦airaland Forum

Donaldoni:
The parallel market is lower than the official market.

It's NGN1,355 on BYBIT

Elxandre:
And aren't there supermarkets in production oriented economies like USA and China?
It's evident many Nigerians lack critical thinking.

“All the goods that can be produced in Nigeria, Obi imports them in his supermarkets. That is consumption economics. That kind of person cannot tell you that he is moving you from consumption to production. He will then be committing self-economic suicide and Obi will not do that to himself”.

tctrills:
By their fruits we shall know them. You voted for the real scammer my brother. What are the fruits of the Tinubu government? Hunger, poverty, sorrow and death.
Stop blaming the one you refused to vote for and concentrate on the failure you voted for.

anonimi:
Are you a witch to know who I voted for

clems88:
Na so Una mouth dey lick leak like tab. Who ask you now. Okex just deactivated psp and now you have come to start exposing bybit. Una no just get sense for this country

Donaldoni:
Olod*!

clems88:
mumu

ForValour:
Are we to sell or keep our dollars?

ogododo:
https://punchng.com/naira-closes-1402-at-official-market-as-dollar-demand-persists/

Donaldoni:
Exactly, they have a way of affecting the system.

Very soon FG will clamp down on Nairaland.

ForValour:
Are we to sell or keep our dollars?

Everlastingson:
Some are even blaming Nairaland! You can't be sensible and support the criminals in power.

anonimi:
Peter Obi is a fraudulent scammer who says what he fails to do.

Why should anyone who is not a scammer like him, take such a person seriously

Everlastingson:
You mustn't comment. Silence from you would have been better. Now you don remove all doubts.

Kewtt:
Until we become a producing economy.... nothing done to the value of dollars will be sustainable. You can't build something on nothing

tctrills:
You call someone a saboteur because he chooses to invest in a stable currency and not in the unstable Naira?
Oga it is only foolish to keep your money in naira.
If you had your money in naira last year, by now it has depreciated by over 200%.
If you love yourselves, your family and even your nation, why will you intentionally choose to be poorer?

tctrills:
Stop blaming Nigerians for doing the right thing. What is wrong with having your savings in a stable currency?

Everlastingson:
As far as you know this your comment is the reason the Nigerian economy is kissing the dust? SMH. Anyway, I don't know how schooled you are. But, out of many possible critical questions, answer only this: are there no speculators in other countries where the currency is stable?

maasoap:
You still don't understand that they are now part of the problem because they're speculating against their own local currency at a large and highly widespread

maasoap:
They're not doing the right, they are doing morally wrong thing because their actions are now part of the major problem

Kewtt:
Until we become a producing economy.... nothing done to the value of dollars will be sustainable. You can't build something on nothing

ogododo:
https://punchng.com/naira-closes-1402-at-official-market-as-dollar-demand-persists/

DMerciful:
Softly softily to N2000

Kewtt:
Until we become a producing economy.... nothing done to the value of dollars will be sustainable. You can't build something on nothing

1x2x3:
You don't know anything about economics. The value of a currency isn't determined by the amount of $$ in the country. How many Pounds and Euro do we have circulating? Is Naira not falling against them? Go to countries whose currency are doing well against the dollar and you'd be surprised you won't see dollar circulating there so hoarding has nothing to do with this.

We must start producing and exporting.

BodyCount:
You're ignorant and illiterate to say this.
Nigeria is 5-6 largest producer or exporter of crude oil. This is enough for a country with good leaders. It's the same crude oil that many Arab nations are living large with. Don't let anyone fool you that Nigeria is not producing anything. All the countries of the world can't be producing gadgets.