989900:
Fingers crossed . . .


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.

P.S. It was N385 @ Island yesterday.

modath:



You don start again bah.... 385? Where? In your dreams?


Nigeria needs a 100$ minimum oil to even start to break even.... a nor dey lie to myself..... it's cos oil rose to 55 +- that CBN has gone on another pump.... Throwing good money after bad!!!

Like i have told you & will continue to reiterate, let CBN allow cards usage across all banks for just one week & we'll see if the voodoo "appreciation" yansh won't be exposed....

I love my country & want her progress but a nor dey lie to myself sam sam.

989900:


That was how much they will buy from you as at yesterday evening.
Enter market or make calls . . .

Nigeria needs oil to be at $100 if Nigeria is not making changes to her old ways; not if she does -- Nigeria is not Qatar nor Kuwait, she is more than oil.
I wonder why you're always bitter when the Naira appreciates.

From N520 (When I advised you it will soon crash) to N385-N407 range -- that's some journey in the right direction.

989900:



I wonder why you're always bitter when the Naira appreciates.

.[/i]

nengibo:

There is no need being political about this, an exchange rate of 385-407 can be the right direction unless if Zimbabwe is who you are following

modath:



Without mincing words, I'm really disappointed in you!!!

modath:



Without mincing words, I'm really disappointed in you!!!

Truth234:


But why are you disappointed? I somehow feel the same way too.

modath:


Cos i don't build my castles in the air....I should be castigated & demeaned? Can any currency exist in a vacuum or in a state of perpetual flux...Pump it appreciates, lull same problem returns.... abegiiii!!!

Flight ticket of 300k just around one year ago is over 450k , pack of cereal i used to buy at 4k is now 6.5k, a tin of sardine is 300 naira & yall think I'm happy about the nation's predicaments? How much of these myriads of problem affect the elite?

So knowing the truth & refusing to accept the band aid over festering sore is an act of sabotage? Must we all sleep and face same direction? Until we all stop lying to ourselves, we will continue to revolve around same circle and make no appreciable progress.... We have to produce to progress, anything short is self deception....


P.S... I've given 989900 the only response i owe him, you've gotten yours as well.... Now both of you can find one corner to rub against yourselves in your one sided prism view of patriotism...... mtcheeeewwww!!!!


*mic drop*

kingphilip:
Until the mudu of garri goes back to 100 Naira as it used to be from this present 500, the gain of the Naira have no meaning to me