Last week it was trading at N1100/$, this morning it was trading at N1370/$, this evening it is trading at N1240/$.
Even small countries like Ghana don't experience such volatility and I'm beginning to think that truly there are forces in high places orchestrating this volatility because both official and black market rates keep moving up and down, A big nation like Nigeria is not supposed be going through this kind of volatility.
Let CBN open up the previously closed card channels so that people can buy usd and other cryptocurrencies with their cards, put the necessary cap on the amount that can be purchased per day and at the official rate of #1100 instead of using p2p channels whose price is determined by the platform in which trading occurs. Why is this too hard to do?

The president is a shaking unstable drug addict

Ikembeku:
The president is a shaking unstable drug addict

Jokes apart. We the citizens demand an explanation.

The currency cannot be different from the country that owns it.

immortalcrown:
The currency cannot be different from the country that owns it.

I need real answers. During Buhari despite the fact that we had dual exchange rates the rates were stable.

Birdbyrde440:
I need real answers. During Buhari despite the fact that we had dual exchange rates the rates were stable.

The country was a bit stable then. The country is more unstable now than then.

Ikembeku:
The president is a shaking unstable drug addict

.

Your principal lost the last election to Asiwaju so crying is allowed 😁😁😁😁

Cry, wail and gnash till 2031 😁😁🤣


Presidency going back to North after 2031 😁🤣

If you like cry till 2090

KingKO22:
.

Your principal lost the last election to Asiwaju so crying is allowed 😁😁😁😁

Cry, wail and gnash till 2031 😁😁🤣


Presidency going back to North after 2031 😁🤣

If you like cry till 2090

If you like drink hot Agbo those your rashes will swell more

immortalcrown:
The country was a bit stable then. The country is more unstable now than then.

Stable by defending the Naira with billions of dollars


Now Naira is on flowing exchange rate that's why the folatility is causing panic for holders

This is what you get when govt is involved in business
I will always reecho it
Govt has no business doing business
Let the forces of the market determine prices

KingKO22:
Stable by defending the Naira with billions of dollars Now Naira is on flowing exchange rate that's why the folatility is causing panic for holders

You are trying to quote me out of context. Stability is in the sense of consistency, not in the sense of positivity.

What do you expect when a President is ruling with arrogance. The problem is that people need to access forex. Why can't people access forex directly from CBN using the enaira project. I still wonder

You have drug dealer as a president.
Good decisions cannot be made on drugs

Because the useless criminal call Ebola Tinubu is unstable na

KingKO22:
.

Your principal lost the last election to Asiwaju so crying is allowed 😁😁😁😁

Cry, wail and gnash till 2031 😁😁🤣


Presidency going back to North after 2031 😁🤣

If you like cry till 2090

But before then, ebin pawa go don kill you na. Zombie without functioning brain

Birdbyrde440:
Last week it was trading at N1100/$, this morning it was trading at N1370/$, this evening it is trading at N1240/$.
Even small countries like Ghana don't experience such volatility and I'm beginning to think that truly there are forces in high places orchestrating this volatility because both official and black market rates keep moving up and down, A big nation like Nigeria is not supposed be going through this kind of volatility.
Let CBN open up the previously closed card channels so that people can buy usd and other cryptocurrencies with their cards, put the necessary cap on the amount that can be purchased per day and at the official rate of #1100 instead of using p2p channels whose price is determined by the platform in which trading occurs. Why is this too hard to do?

I think Tinubu should just devote at least $50 billion dollars to defend the naira and keep its value at about #1200 to #1500 to the dollar for at least 4 years.

The off and on defense of the naira makes it to fluctuate wildly and thus lose confidence of investors.

The mandate was stolen

KingKO22:
.

Your principal lost the last election to Asiwaju so crying is allowed 😁😁😁😁

Cry, wail and gnash till 2031 😁😁🤣


Presidency going back to North after 2031 😁🤣

If you like cry till 2090

Oga, what have you personally benefited from Thiefņubu's presidency?

Your type are hungry, underemployed and from poor background in real life
.