Na Bybit I switched to, after Binance restricted UK users to only UK trades.

Make dem ban VPN

eteebanky1:
This is commendable

I totally support this ban

This same people trading crypto are the same unfortunate people blaming the government for incompetency

Fools

Nice one from the government

Be deceiving yourself

Another trial and error of APC

It still wouldn't resolve the problem. clueless Tifnubu.

References1:


https://www.premiumtimesng.com/business/670511-forex-crisis-nigerian-govt-blocks-binance-octafx-coinbase-others.html?fbclid=IwAR0KcvS7CTaFAcMsoeNnhW2YRLqNMrGdugb_c3Wf5_1bHB6yyLgeYXdrq6g

Previous Thread:
https://www.nairaland.com/8007407/forex-crisis-fg-plans-clampdown

/
After they banned Abokifx that year, $1 became equivalent to N1. Right? The officials are the ones creating panic in the system with their high level of ignorance. If US$ was scarce, now it will be extremely scarce driving up its value.

/

They have come again. Buhari version 2!

With VPN someone can be anywhere they want. These guys are so daft.

StOla:
Good!

A country that does not know economic security will learn the hard way like Nigeria is doing now.

Nigeria needs to reach out and learn from countries that have mastered the art of economic control and economic security.

In Nigeria anything goes.

Some even think it is their fundamental right to save up dollars inside Nigeria.

Left to me anyone who is not getting foreign remittances into their domiciliary account, should have any dollars they have stacked up till now, converted at a rate of $1 = N1.

If you have stacked up $20,000 within Nigeria, my government will convert it to N20,000 for you.

It is obvious you have more than enough to be contributing to the economic terrorism that is going on within the country, so we will help you with a conversion tax that will make you love your own Naira.

Na now the government begin wake up that you do not show mercy to wicked Nigerians.

Thank you my fellow good citizen!

I don't want to sound tribalistic but is the best the westerners can offer to Nigerians. This is the first time in Nigeria's history, that everything is owned by people from the west and everything is sinking rapidly.

Spoofing is criminal, forex manipulation is criminal

Okay

H

StOla:
Good!

A country that does not know economic security will learn the hard way like Nigeria is doing now.

Nigeria needs to reach out and learn from countries that have mastered the art of economic control and economic security.

In Nigeria anything goes.

Some even think it is their fundamental right to save up dollars inside Nigeria.

Left to me anyone who is not getting foreign remittances into their domiciliary account, should have any dollars they have stacked up till now, converted at a rate of $1 = N1.

If you have stacked up $20,000 within Nigeria, my government will convert it to N20,000 for you.

It is obvious you have more than enough to be contributing to the economic terrorism that is going on within the country, so we will help you with a conversion tax that will make you love your own Naira.

Na now the government begin wake up that you do not show mercy to wicked Nigerians.

you be ode

StOla:
Good!

A country that does not know economic security will learn the hard way like Nigeria is doing now.

Nigeria needs to reach out and learn from countries that have mastered the art of economic control and economic security.

In Nigeria anything goes.

Some even think it is their fundamental right to save up dollars inside Nigeria.

Left to me anyone who is not getting foreign remittances into their domiciliary account, should have any dollars they have stacked up till now, converted at a rate of $1 = N1.

If you have stacked up $20,000 within Nigeria, my government will convert it to N20,000 for you.

It is obvious you have more than enough to be contributing to the economic terrorism that is going on within the country, so we will help you with a conversion tax that will make you love your own Naira.

Na now the government begin wake up that you do not show mercy to wicked Nigerians.

Go and play with your stuffed toys.
One step forward, two steps back.
Now USD will be scarce to get, driving up the rate. And believe me, VPN dey.
I use Starlink and I don't even have to use VPN to access binance.

While you play with your toys, open cartoon network.

DeLaRue:
I heard from a source last week that the government is actively considering proscribing domiciliary accounts.

If they're actively considering it, it means there is probably a 50% chance of it happening.

This is a cat and mouse fight between the government and the speculators.

It is going to be a long fight.

If they do that, it'll be the final nail on the coffin.
People put money in banks because of trust.
Domiciliary accounts remain domiciliary accounts. If you wake up one day and all the money you have there is now in naira, I wouldn't even want to imagine the consequences. It'll be bloody

I heard from a source last week that the government is actively considering proscribing domiciliary accounts.

If they're actively considering it, it means there is probably a 50% chance of it happening.

This is a cat and mouse fight between the government and the speculators.

It is going to be a long fight.

So no be aboki and BDC again, this government is just totally confused, everything tried and implemented continues to fail because it's not the rightful owner of the seat

StOla:
Good!

A country that does not know economic security will learn the hard way like Nigeria is doing now.

Nigeria needs to reach out and learn from countries that have mastered the art of economic control and economic security.

In Nigeria anything goes.

Some even think it is their fundamental right to save up dollars inside Nigeria.

Left to me anyone who is not getting foreign remittances into their domiciliary account, should have any dollars they have stacked up till now, converted at a rate of $1 = N1.

If you have stacked up $20,000 within Nigeria, my government will convert it to N20,000 for you.

It is obvious you have more than enough to be contributing to the economic terrorism that is going on within the country, so we will help you with a conversion tax that will make you love your own Naira.

Na now the government begin wake up that you do not show mercy to wicked Nigerians.

Where did the foolish Tinubu get the dollar he shared during APC primary? Anybody hoarding dollars learned it from Tinubu

Ulogwe1:
With VPN someone can be anywhere they want. These guys are so daft.

/
Don't be surprised that some of the officials have M.Sc in I.T courses but don't know how to turn on a computer. They can't win the game they are playing. It takes more than propaganda to rule a nation.

/

eteebanky1:
This is commendable

I totally support this ban

This same people trading crypto are the same unfortunate people blaming the government for incompetency

Fools

Nice one from the government

I don't understand your point, they should not trade crypto?

These guys dey mad sha, I remember when coca cola na 25 naira, na fx and crypto cause em price to change overtime?

gaby:
Clutching at straws...

Make dem go block VPNs na

Dull, brainless people in power.

try on VPN and open binance let's see wat will happen

Felimax:
Makes it all the more interesting!

We are in Nigeria but we can choose to be anywhere, do you get?

If you don't get it, forget about it

MMWandali:
Another trial and error of APC

Exactly what was on my mind.


They are just experimenting, they don't have a solution nor a clue to one.


Playing odds with the economy

To be honest it's I understand these people even know what they are doing. Every single one of them are on panic mode. The country is sinking faster than I thought. I hope they won't start stealing people's money from banks

It is a necessary move.

gaby:
Clutching at straws...

Make dem go block VPNs na

Dull, brainless people in power.

Remember when they blocked Twitter 🤣🤣🤣

Ulogwe1:
With VPN someone can be anywhere they want. These guys are so daft.

they are very daft seriously

InvertedHammer:

/
Don't be surprised that some of the officials have M.Sc in I.T courses but don't know how to turn on a computer. They can't win the game they are playing. It takes more than propaganda to rule a nation.

/

I tire for this inept Government officials ooo. Who is advising them self.

My people they did this before during buharis tenure. If you have VPN and still use it just hide the app in many folders cos what police will start doing is checking phones for binnace app. Be warned

TruthsFM:



still it won’t stop naira to decreased. Cardoso is just confused here. In Emefiele time, he never banned Binance and other crypto wallets. It’s in Cardoso time that Binance website is been banned. I will used VPN to open it and check the dollar rate on my verified Binance account. Dey play Cardoso

They disabled it partially

This time they didn't go full throttle

They don't even need us in the first place.


Naira, oya! gbera!