Available. naira dollar rate has fallen, on the other hand, real estate is getting more expensive

As fuel price has increased now, inflation is hitting the economy, the value of your naira is going down
Best to invest in real estate properties - like this one for sale - real estate always goes up in value.

Happy Sunday

Good afternoon

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Good day

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Good morning.

Gotten some initial offers, still available for discussion...

Come and secure your new property before Christmas!

Good morning

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still available

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still available my people. December is coming. Secure your new property in time! Property is a good place to put your naira.

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Still available

Good morning

here - good day everyone

available

here

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still available

up - make an offer

Available

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1. Semi detached twin-2bedroom flat at Ibafo - 18m

2. An adjacent plot of 603sqm - 5m

There's a Certificate of Occupancy on the 2plots.

Buying from direct owner. Please serious buyers 0803 767 0972 (whatsapp).

ethicallyright:


Seriously, I've been thinking of this.

I planned to increase my GTB dollar account by changing more naira into dollars and stocking them there but after analyzing everything I realized that I may be at a loss.

Banks keep the official exchange rate at 370 naira /$ but in the real world(street) the exchange rate is around 480 naira/per dollars. Now there is a limit of the amount of dollars you can exchange with a bank and the worst policy is that sometimes the banks fix a limit to the amount of dollars you can withdraw and would rather you withdrew its naira equivalent.

Now the problem is that if I exchange my naira at 480 naira /$ and stock my dollar GTB dollar account and something comes up which would make me want to withdraw like $1000 at a time from the bank and the limit for withdrawing dollars is $100 per day. I would definitely lose if I have to choose to withdraw the naira equivalent which is obviously the only option and this would mean that I will be withdrawing 370 naira/$ way lower than the 480 naira/$ I saved.

I don't know if you understand what I mean. I feel the CBN should just let the forces of demand and supply determine the price of dollars. The best way to survive is simply to earn in dollars.

I understand you perfectly because I had the same problem. I got very frustrated and eventually moved all my dollars out of my dom account. I have moved into other currencies and usd denominated stock