₦airaland Forum

Just last week Tinubu's propaganda camp claimed that their EFEMS or is it EFEX platform was why the dollar was falling even though we intelligent life know it was the conversion of diasporan dollars for the upcoming Xmas celebrations that caused it.

Since Monday, dollar has stagnated at N1,575.

Does this mean the almighty EFEMS has stopped working? Or is it now working against the Naira?


Tinubu's boys please come.
Nigerians deserve an answer.

@ femisplash you created this thread
Mynd44 you pushed it to fp
https://www.nairaland.com/8287633/why-naira-appreciating-against-dollar#133199848

Please give us an answer
Has the almighty EFEMS malfunctioned?

Thank you in advance

The problem about lying is that you need another lie to cover the previous lie.

The bane of Nigerian policy makers. They quickly rationalize any little to be as a result of their actions irrespective of reality. I wonder why it took them over a year to launch EFEM if it can save the naira. Clowns.

I will only take Tinubu along with his patch patch CV CBN Governor Cardoso, seriously the day the naira-to-dollar exchange rate returns to where it was in May 2023. Until then, they are just irredeemable, deceiving themselves and their hordes of misguided supporters, thinking they are deceiving Nigerians.

https://www.cbn.gov.ng/rates/ExchRateByCurrency.html

See above—-Naira continues to marginally appreciate in value closing at N1525 yesterday against N1538 the previous day.

Apc na magicians

Nothing concern me but E dey mind

What sort of ignorant post is this?

Is the naira supposed to just keep rising?
What then will be the effect of demand and supply?

The platform is only meant to create transparency and this will help better understand naira's true performance so that measures can be taken to improve it.

If you don't understand something, ask. Ignorance is never an excuse.

erad:
What sort of ignorant post is this?

Is the naira supposed to just keep rising?
What then will be the effect of demand and supply?

The platform is only meant to create transparency and this will help better understand naira's true performance so that measures can be taken to improve it.

If you don't understand something, ask. Ignorance is never an excuse.

Forget that idiottt and ignoramus! Naira that gained yesterday by 13 Naira, the werey dey yarn dust.