₦airaland Forum

The designation of Nigeria as a country of concern is already having a massive effect on Naira.

With numerous sanctions underway in the coming days, Nigeria us most likely heading toward Venezuela experience.

For the wise, start buying as much US Dollars as you can buy to hedge against the value erosion of your financial assets.

Thise who already have USD should not sell.
Experts projected that Naira to USD exchange rate will hit 2500/ USD.

Convert your Naira to USD. Your politicians are already doing so.

I pity sensible and patriotic Nigerians. We are stuck in this country with a lot of unfortunate and irresponsible citizens who are doing everything possible to see that the country does not make progress.

ALTERNATEID:
I pity sensible and patriotic Nigerians. We are stuck in this country with a lot of unfortunate and irresponsible citizens who are doing everything possible to see that the country does not make progress.

So unfortunate my brother

ALTERNATEID:
I pity sensible and patriotic Nigerians. We are stuck in this country with a lot of unfortunate and irresponsible citizens who are doing everything possible to see that the country does not make progress.

The foo..lish people you call leaders do more harm to this country than ordinary citizens. The day they decide to take leadership seriously, they will reset the brains of the citizens in ONE MONTH.

How can one explain that a president knows those kill..ings his own people without dea..ling with them ruthlessly? All this nonsense can only happen in Nigeria.

I have been on my analysis since yesterday and will soon draw my conclusions.

Thank you though!

Deprofessional:
The designation of Nigeria as a country of concern is already having a massive effect on Naira.

With numerous sanctions underway in the coming days, Nigeria us most likely heading toward Venezuela experience.

For the wise, start buying as much US Dollars as you can buy to hedge against the value erosion of your financial assets.

Thise who already have USD should not sell.
Experts projected that Naira to USD exchange rate will hit 2500/ USD.

Convert your Naira to USD. Your politicians are already doing so.

Scam alert. The one u have has lost so much value that u are looking for way to pump the price up so u can exit. IT will go down to #1300 soon.

And then weep profusely later.

Some of you don't even have a clue about the exchange rate dropping lately.

Wondering why be say na the illiterates dey like to argue most in issue they don't know jack about

Our FX is surging and this one dey talk of keeping dollars. You no do basic economic in secondary school?

Even if USA sanction Nigeria, the demands on dollar will reduce as we will look for the market elsewhere which we can pay in Naira.

You people should stop ignorantly mislead people jare

Streetinvestor2:
Scam alert. The one u have has lost so much value that u are looking for way to pump the price up so u can exit. IT will go down to #1300 soon.

Lost So much value??

U like exaggerating....

U must be among those that like saying price of everything has crashed

advanceDNA:
Lost So much value??

U like exaggerating....

U must be among those that like saying price of everything has crashed

Your type bought around #1800.How much lost now is it.I don't support this government but we know why the dollars is losing against the naira. And it will continue because the pressure was because importation of crude related products .like 50% demand for dollars was for it and that window is gradually closing. So the naira has to appreciate.

helinues:
And then weep profusely later.

Some of you don't even have a clue about the exchange rate dropping lately.

Wondering why be say na the illiterates dey like to argue most in issue they don't know jack about

In the last 20 years, Naira has always had marginal increase over the USD for obvious reasons including remittances to Nigeria from those in diaspora.

With stiff sanctions coming days from now, your Naira will sink. We have seen it coming and smart ones are already mopping up any available dollars from abokis and bureau de changes.

Bro, your politicians don't trust your economy that is why they move stolen funds abroad and they embark on foreign trips for medicals. We the patriotic ones are warning you to convert to USD now so you don't weep after

ALTERNATEID:
I pity sensible and patriotic Nigerians. We are stuck in this country with a lot of unfortunate and irresponsible citizens who are doing everything possible to see that the country does not make progress.

Emotions won't save you. Naira will crash massively. Just wait and see what is coming. I already taken delivery of 12,000 USD.

SmartPolician:
The foo..lish people you call leaders do more harm to this country than ordinary citizens. The day they decide to take leadership seriously, they will reset the brains of the citizens in ONE MONTH.

How can one explain that a president knows those kill..ings his own people without dea..ling with them ruthlessly? All this nonsense can only happen in Nigeria.

Are u are child, are u not a leader?

Only a fool will not know what is coming to Nigeria. Thank you for the advise.

Deprofessional:
Emotions won't save you. Naira will crash massively. Just wait and see what is coming. I already taken delivery of 12,000 USD.

The real enemies of the Federal republic of Nigeria,

Una no want make Nigeria better, make Yankee dey form destabilization of Nigeria, so that the country remains stagnant, so that u can be trading in their currency abi?

Well done.

Streetinvestor2:
Your type bought around #1800.How much lost now is it.I don't support this government but we know why the dollars is losing against the naira. And it will continue because the pressure was because importation of crude related products .like 50% demand for dollars was for it and that window is gradually closing. So the naira has to appreciate.

Lol.......he said 1800 naira...u don't even know who u are talking to and u assumed what is not...

See ehn....if u think only fuel importation made exchange rate jump to 1500 naira then u don't known what's going on in nigeria...

See ehn...even with zero fuel import which will never happen because of greedy marketers .....they exchange rate you are fallaciously claiming will crash will shock you....

That's why I was making fun of you when u said it has lost so much value ....how is change from 1500 naira to1467naira so much ?

Anyway shaaa..wateva makes y'all sleep well night is fine by me

Usefulsense:
Only a fool will not know what is coming to Nigeria. Thank you for the advise.

We know, when an African leader starts to change things, they must find a way to stop their progress.

They will definitely fail, Fela Kuti & Bob Marley done give us the blueprint long long time ago.

We always have the naive ones in society which are always in the majority that are third eye blind Deprofessional.

ALTERNATEID:
I pity sensible and patriotic Nigerians. We are stuck in this country with a lot of unfortunate and irresponsible citizens who are doing everything possible to see that the country does not make progress.

It is obvious that it has very little to do with religion, more to do that they know Tinubu has the ability to move Nigeria forward.

Hence Yankee quickly comes with we will attack u, over atrocities of bandits?

We will destabilize your country because of clueless islamists?

That is how dey intend to help the gullible Nigerians abi.

Deprofessional:
In the last 20 years, Naira has always had marginal increase over the USD for obvious reasons including remittances to Nigeria from those in diaspora.

With stiff sanctions coming days from now, your Naira will sink. We have seen it coming and smart ones are already mopping up any available dollars from abokis and bureau de changes.

Bro, your politicians don't trust your economy that is why they move stolen funds abroad and they embark on foreign trips for medicals. We the patriotic ones are warning you to convert to USD now so you don't weep after

Why sanction Nigeria over activities of bandits?

Quite obvious this nonsense has nothing to do with religion, more of playing the Henry Kissinger report of 1974, never allow Nigeria to move forward.

You enemies of The Federal Republic of Nigeria, puppets of the white man should stop wasting your time, the train has already left the station.

advanceDNA:
Lol.......he said 1800 naira...u don't even know who u are talking to and u assumed what is not...

See ehn....if u think only fuel importation made exchange rate jump to 1500 naira then u don't known what's going on in nigeria...

See ehn...even with zero fuel import which will never happen because of greedy marketers .....they exchange rate you are fallaciously claiming will crash will shock you....

That's why I was making fun of you when u said it has lost so much value ....how is change from 1500 naira to1467naira so much ?

Anyway shaaa..wateva makes y'all sleep well night is fine by me

U think u are talking to an illiterate when it comes to finance/economics. Tell me what has pulled thr highest demand for dollars in nigeria economy.Or u want to claim knowledge of something above ur pay grade.What is the fair value of naira to dollars that u are advising people to buy because trump made pronouncement on nigeria insecurity problem.
You saw the news and think u can create panic to cash out.It won't work because the pressure demands for dollars doesn't exist again like in the past.
Importation for fuel has reduced
Demand for foreign school bills is down
Demand for foreign medical bill is down
Banks naira card for dollars expenses have returned and increased serious to upto 5k dollars quarterly.
Nigeria is earning more in dollars now via export of Dangote Refinery and export of farm products.
Do I need to school u more so that u will understand that laughing is dumb

Streetinvestor2:
U think u are talking to an illiterate when it comes to finance/economics. Tell me what has pulled thr highest demand for dollars in nigeria economy.Or u want to claim knowledge of something above ur pay grade.What is the fair value of naira to dollars that u are advising people to buy because trump made pronouncement on nigeria insecurity problem.
You saw the news and think u can create panic to cash out.It won't work because the pressure demands for dollars doesn't exist again like in the past.
Importation for fuel has reduced
Demand for foreign school bills is down
Demand for foreign medical bill is down
Banks naira card for dollars expenses have returned and increased serious to upto 5k dollars quarterly.
Nigeria is earning more in dollars now via export of Dangote Refinery and export of farm products.
Do I need to school u more so that u will understand that laughing is dumb

Let's wait and see what happens by end of November.

Lluunnaattiicckk speculators on the beat

They've been losing back to back and it's not stopping anytime soon

Ignore them

People coming in for holidays will bring even more dollars

BDCs are almost going extinct

You better find a real job

Bdc are even complaining of staying afloat you are talking about buying dollars. Some of you think America will just invade Nigeria just like that......funny people.

Streetinvestor2:
U think u are talking to an illiterate when it comes to finance/economics. Tell me what has pulled thr highest demand for dollars in nigeria economy.Or u want to claim knowledge of something above ur pay grade.What is the fair value of naira to dollars that u are advising people to buy because trump made pronouncement on nigeria insecurity problem.
You saw the news and think u can create panic to cash out.It won't work because the pressure demands for dollars doesn't exist again like in the past.
Importation for fuel has reduced
Demand for foreign school bills is down
Demand for foreign medical bill is down
Banks naira card for dollars expenses have returned and increased serious to upto 5k dollars quarterly.
Nigeria is earning more in dollars now via export of Dangote Refinery and export of farm products.
Do I need to school u more so that u will understand that laughing is dumb

.lol......werey said I'm creating panic....u can't even differentiate who open thread from other comments..
..again... zero importation of fuel , which is a good thing but greedy marketers will never allow y'all witness is not the only factor that will drive the naira exchange rate down...

..its obvious you are just spilling back comments u read from online beer palour economics
there are other factors in play that our economy has not even improved on ....if you don't know that, then u are not even smart by half..

Deprofessional:
The designation of Nigeria as a country of concern is already having a massive effect on Naira.

With numerous sanctions underway in the coming days, Nigeria us most likely heading toward Venezuela experience.

For the wise, start buying as much US Dollars as you can buy to hedge against the value erosion of your financial assets.

Thise who already have USD should not sell.
Experts projected that Naira to USD exchange rate will hit 2500/ USD.

Convert your Naira to USD. Your politicians are already doing so.

What you said would have been meaningful, but it is coming out of the mouth of Trump.

He isn't a man that the world respects. He is discredited globally, and the world can't wait for him to leave office.

You can see there has been no reaction.

I sense Tinubu will turn the pepper to peppersoup. The American and Nigerian army can cooperate together to achieve results. Nigeria needs all the help it can get.

The Northern Muslims would welcome the Americans as they are the ones bearing most of the genocide going on.

The enemy of my enemy is my friend.

Naira is at the best in 18 months today.

US hegemony sees what many dunceeees in Nigeria do not see, they are afraid of an independent Nigeria that is not necessarily reliant on them and only exporting raw materials. They are trying to do what they typically do in such countries . They do not have a single success story of invading any country to make it better. Has US attack Mexico and Canada drug cartels /lords causing a fentanyl problem in the US?

Dollar is irrelevant to Nigeria trade volumes now,is now china and naira ,not dollars

If at your age you still believe that there will be progress in a country like Nigeria then you are not telling yourself the truth

ALTERNATEID:
I pity sensible and patriotic Nigerians. We are stuck in this country with a lot of unfortunate and irresponsible citizens who are doing everything possible to see that the country does not make progress.

Emmabyte:
If at your age you still believe that there will be progress in a country like Nigeria then you are not telling yourself the truth

Nigeria will progress but you will but live to see it.