₦airaland Forum

HsLBroker:
bubu in town

modath:
Much ado about nothing....

crackerspub:
$1 = 1N



The biggest scam of the century



APC needs to apologies to Nigerians



We are not after the amount introduced to the market, we are after the exchange rate




It seems Abacha's regime was better based on the exchange rate when compared to Bubu

989900:
The SMEs window if not abused should be a good move.

Raising limits on Naira cards for POS transactions would have been good too.

Cashless policy and the Whistleblower policy, plus ebb and flow in the exchange rates will make it a bit difficult for racketeers.

The Naira should do better by far in a year or 2 when Private refineries start working, and 'probably' government ones do better, hoping the agric, local rice and 'buy naija' revolution does not lose steam, with the steel industry, local auto industry, railways and FDIs kicking in.

crackerspub:
$1 = 1N



The biggest scam of the century



APC needs to apologies to Nigerians



We are not after the amount introduced to the market, we are after the exchange rate




It seems Abacha's regime was better based on the exchange rate when compared to Bubu

wristbangle:
It will always be abused bro. Pumping dollars into FX market like I said earlier is a temporary measure. What happened after CBN failed to pump it? Your guess is as good as mine.

I agree with the bolded.

ISTANDWITHBUHAR:
So many people comment without brain, 100 naira can feed you during abacha regime, Can 100 naira feed you in 2005?

bro4u:
if they think injecting dollars will solve the mess we are in currently then they are wrong, creating surplus availability of dollars will hurt our economy in the long run, poor moves exhibited by the economic team of this country.

modath:
Much ado about nothing....

nextstep:
It has reached an equilibrium: there's actually more demand now since the people who stopped demanding for it when it was expensive postponed their purchases.

Without the injection, prices would have been much higher by now, so the fact it is my going down like before does not mean the policy is not working