If you are one of those hoarding dollars speculatively,I would STRONGLY advice you to sell it off before Monday,20.6,2016 ,at the black market.


The new Forex regime is surely going to improve the dollar supply,with an expectant crash in the black market rate.

The new market driven forex rate to the dollar, is expected to hover in between the current official rate and the black market rate,some where between 200 and 300.

Heed to my advice and thank me later!

Have been searching for my $1 since I saw ur post, abeg u help me see ham make I go change for aboki side?

I have hid my dollar

It doesn't devalue the dollar in any way

989900:
Dem no dey tell man.

Yeah,he shouldn't mislead people. I've got 15000 dollars and I won't sell.

Only the gullible will start selling their dollars. The rate will soon hit 400. Abegi.

Naija and bad Belle.

The max it will sell on monday is 260

iykedare:



Yeah,he shouldn't mislead people. I've got 15000 dollars and I won't sell.

Only the gullible will start selling their dollars. The rate will soon hit 400. Abegi.

Naija and bad Belle.

It is part of their strategy, so you can flood the market with your hard-earned dollars. My own $10,000 dey under my pillow jeje till Baba buhari help us to make it 900 naira to one dollar. Sai Baba! #ThisiswhyIstand withBuhari!

PhilemonObende:


It is part of their strategy, so you can flood the market with your hard-earned dollars. My own $10,000 dey under my pillow jeje till Baba buhari help us to make it 900 naira to one dollar. Sai Baba! #ThisiswhyIstand withBuhari!

Dont mind them. Is it now a crime to save your money in foreign currencies? After the last election,someone told me to sell my dollars,i foolishly sold 5000 dollars and lost some money in the process. I won't do that again. Most people who have got dollars won't panic sell. It won't work this time around.

These mediocre government should find another way to strengthen the naira. I earned my money thru hard work ,no one should tell me when to sell it.

Compliant:
The max it will sell on monday is 260

Why do people like deceiving themselves
Even the cbn that formulated the new policy have come out to say that there will be a sharp increase in the price of dollars but that within 3 to 4 weeks the price will crash.
Nigerians are just too annoyingly gullible

onatisi:

Why do people like deceiving themselves
Even the cbn that formulated the new policy have come out to say that there will be a sharp increase in the price of dollars but that within 3 to 4 weeks the price will crash.
Nigerians are just too annoyingly gullible

I tire for this people o. There is gonna be a spike for sure.

It's good to see that blind optimism still exists.
It gladens the heart.
Meanwhile, if you have dollars, wait until the first tranche of govt spending-
Feeding, construction, new grad teachers' salaries.
Whichever comes first.
Patience is truly a virtue.

Doyin2:
If you are one of those hoarding dollars speculatively,I would STRONGLY advice you to sell it off before Monday,20.6,2016 ,at the black market.


The new Forex regime is surely going to improve the dollar supply,with an expectant crash in the black market rate.

The new market driven forex rate to the dollar, is expected to hover in between the current official rate and the black market rate,some where between 200 and 300.

Hid to my advice and thank me later!

Lol @ op. Have you sold yours

;DI have 5 dollar note and I hide am insde my kolo. My purpose is to keep it till when dollar go change its design. So I go say "see the old dollarrrrrrrr" hooobiiiii-ela oju kan

Doyin2:
If you are one of those hoarding dollars speculatively,I would STRONGLY advice you to sell it off before Monday,20.6,2016 ,at the black market.


The new Forex regime is surely going to improve the dollar supply,with an expectant crash in the black market rate.

The new market driven forex rate to the dollar, is expected to hover in between the current official rate and the black market rate,some where between 200 and 300.

Hid to my advice and thank me later!

Op correct yourself, its heed not hid...hid is past tense of hide.

Look at the ones on this thread claiming they have thousands of Dollars...

ISpiksDaTroof:
Look at the ones on this thread claiming they have thousands of Dollars...

The day I saw Abdullah, a cripple move a little from his sit,open a hidden spot from his sit and brought out volumes of liquids of Benjamins, I changed my perception never to underestimate .even a beggar on the streets.

$10,000 $15,000 and you doubting? Human beings of Nigeria now have strong rooms in their homes.

You should also learn to keep some dollars handy cos you can't predict Nigeria in the next six months.

OP gerrarahere mehn. I no dey sell anything. For those who want to listen to OP's advice and sell, I'll buy your dollar from you

PhilemonObende:


It is part of their strategy, so you can flood the market with your hard-earned dollars. My own $10,000 dey under my pillow jeje till Baba buhari help us to make it 900 naira to one dollar. Sai Baba! #ThisiswhyIstand withBuhari!

Just imagine ur kind of unpatriotic miscreant against ur own country. U shall regret keeping that dollar as u will sell it below the cost of acquiring it. Why should one keep dollar when u have nothing to do with it immediately just for the thinking of unpatriotic surcharge of ur own country. Change ur mind set for a better Country for all

nice predictions.

onatisi:

Why do people like deceiving themselves
Even the cbn that formulated the new policy have come out to say that there will be a sharp increase in the price of dollars but that within 3 to 4 weeks the price will crash.
Nigerians are just too annoyingly gullible

The expected sharp increase is from the official rate,currently below 200. CBN has no business with the black market rate.


Facts are sacred.

iykedare:


Dont mind them. Is it now a crime to save your money in foreign currencies? After the last election,someone told me to sell my dollars,i foolishly sold 5000 dollars and lost some money in the process. I won't do that again. Most people who have got dollars won't panic sell. It won't work this time around.

These mediocre government should find another way to strengthen the naira. I earned my money thru hard work ,no one should tell me when to sell it.

I just wonder why some people still find it hard to comprehend statements written in very elementary English.

My advice was targeted at those keeping dollars for speculative reasons,not for savings.By the way, if you are not into international business or a frequent user of foreign currency,why save in dollars at the detriment of your country's economy?

The new Forex regime could now be likened to what is obtainable at the stock market.

Now is the time to sell your Dollars!

The new Forex regime is only a temporary monetary policy strategy to address the issue of foreign currency supply.On the long run,the strength of the Naira would be determined by both fiscal and monetary policies. Higher local productivity and exports will in the long run boost the value of the Naira.

As a fiscal policy,I will advice the FG to ban the importation of ALL items that are currently being produced in Nigeria,to further reduce the pressure on the Naira. Basic economic common sense ?

All na permutations.

kolaaderin:


Just imagine ur kind of unpatriotic miscreant against ur own country. U shall regret keeping that dollar as u will sell it below the cost of acquiring it. Why should one keep dollar when u have nothing to do with it immediately just for the thinking of unpatriotic surcharge of ur own country. Change ur mind set for a better Country for all

our baba buhari is paying his children school fees in dollars and pounds not naira,i'm only following in his footsteps. Sai baba!

Doyin2:


I just wonder why some people still find it hard to comprehend statements written in very elementary English.

My advice was targeted at those keeping dollars for speculative reasons,not for savings.By the way,[s] if you are not into international business or a frequent user of foreign currency,why save in dollars at the detriment of your country's economy[/s]?

The new Forex regime could now be likened to what is obtainable at the stock market.


Now is the time to sell your Dollars!

no be who don chop dey get strenght to do patriotism?

ISpiksDaTroof:
Look at the ones on this thread claiming they have thousands of Dollars...

Look at you... E go better for you too,Amen.

Doyin2:


I just wonder why some people still find it hard to comprehend statements written in very elementary English.

My advice was targeted at those keeping dollars for speculative reasons,not for savings.By the way, if you are not into international business or a frequent user of foreign currency,why save in dollars at the detriment of your country's economy?

The new Forex regime could now be likened to what is obtainable at the stock market.

Now is the time to sell your Dollars!

The new Forex regime is only a temporary monetary policy strategy to address the issue of foreign currency supply.On the long run,the strength of the Naira would be determined by both fiscal and monetary policies. Higher local productivity and exports will in the long run boost the value of the Naira.

As a fiscal policy,I will advice the FG to ban the importation of ALL items that are currently being produced in Nigeria,to further reduce the pressure on the Naira. Basic economic common sense ?

Kid,keep your advice to your self. I don't appreciate it.

Doyin2:




The new Forex regime is only a temporary monetary policy strategy to address the issue of foreign currency supply.On the long run,the strength of the Naira would be determined by both fiscal and monetary policies. Higher local productivity and exports will in the long run boost the value of the Naira.

As a fiscal policy,I will advice the FG to ban the importation of ALL items that are currently being produced in Nigeria,to further reduce the pressure on the Naira. Basic economic common sense ?

You and your fellow naija economists should engage in something else you can do better in. Your forecast or economic analysis are usually off the mark. Give it a rest.

kolaaderin:


Just imagine ur kind of unpatriotic miscreant against ur own country. U shall regret keeping that dollar as u will sell it below the cost of acquiring it. Why should one keep dollar when u have nothing to do with it immediately just for the thinking of unpatriotic surcharge of ur own country. Change ur mind set for a better Country for all

What has Nigeria done for him to warrant any atom of patriotism?

The gentleman should hit the streets and start dashing out his dollars so you and APC government can dazzle him as a patriotic Nigerian?

Doyin2:


I just wonder why some people still find it hard to comprehend statements written in very elementary English.

My advice was targeted at those keeping dollars for speculative reasons,not for savings.By the way, if you are not into international business or a frequent user of foreign currency,why save in dollars at the detriment of your country's economy?

The new Forex regime could now be likened to what is obtainable at the stock market.

Now is the time to sell your Dollars!

The new Forex regime is only a temporary monetary policy strategy to address the issue of foreign currency supply.On the long run,the strength of the Naira would be determined by both fiscal and monetary policies. Higher local productivity and exports will in the long run boost the value of the Naira.

As a fiscal policy,I will advice the FG to ban the importation of ALL items that are currently being produced in Nigeria,to further reduce the pressure on the Naira. Basic economic common sense ?

Well, I am hanging on to Goods(imported) till the hysteria is over. I think it's a bit risky holding dollar or naira in this uncertainty. Currently the value has dropped from 370 to 355. I think there's a growing urge amongst the forex trader(black market) to sell off dollars for naira

The day I will sell my dollar is the day nigeria starts exporting manufactured goods that are in high demand. Thunder fire patriotism! Na patrotism we go chop?

SleekAboki:

The day I saw Abdullah, a cripple move a little from his sit,open a hidden spot from his sit and brought out volumes of liquids of Benjamins, I changed my perception never to underestimate .even a beggar on the streets.

$10,000 $15,000 and you doubting? Human beings of Nigeria now have strong rooms in their homes.

You should also learn to keep some dollars handy cos you can't predict Nigeria in the next six months.

Sorry, Not these obvious low lifes on NL. You have a better chance convincing me of a Igloo in hell. No man worth a penny boasts about it to the world... except liars and dreamers.