Ok

Watch and see how dollar will rise the next minute

Antoeni:
The EFCC and NDLEA are doing very well. But by the time cases reaches the court, Nigeria judiciary will set criminals free.

That means they're not doing well. They don't gather evidence

Johnrake69:
What is even Bureau De change? This is simply the guys sabotaging the economy. Every northern politician has a Bureau De change

Ogbeni sharrap. Don't sit in your stupid old house and assume. BDC is essential

ISTP:
I remember "Operation Sweep"

Tafa Balogun

Sorry bros Buba Marwa the current ndlea boss started operation sweep in Lagos not Tafa Balogun and if there's anyone by Tafa Balogun it would be photo copy of bubba's own

emmanuel596:
Good news

Very bad move

That will increase the scarcity, and the price will even increase faster

This is simple demand n supply game, people need this dollar n they will sought for it anyway.

zolajpower:

Sorry bros Buba Marwa the current ndlea boss started operation sweep in Lagos not Tafa Balogun and if there's anyone by Tafa Balogun it would be photo copy of bubba's own

I'm not talking about who founded 'Operation Sweep'.

It's obvious you love argument. I'm not good at it.

Badabada:
Brace up guys, stock up food if you have the means. This dollar rate is gonna tell hard in the coming days.

And what if you don't have the means?

Badabada:
Brace up guys, stock up food if you have the means. This dollar rate is gonna tell hard in the coming days.

What about guys who don't have a means of survival right now?

Do u know as I type (via free Facebook daily 20mb) I don't know where my today meal is coming from?

Me I am just fed up abeg.....

All these black market should be outlawed

Actually, these guys are the number problem to the naira.

mcbreeze:
When you are confused and frustrated. You keep chasing shadows. You created parallel and official, now parallel is the determinate of the market.
Chasing them won't change anything. Go and do the needful

No mind the funny people.
We are not fools.

What is CBN's policy on benchmarking the nation's currency against foreign currencies outside government's rate without approval. Is there any sanction against such action? Can such transactions be traced online? Is it a common practice everywhere? How is it done in places like Dubai, EU etc?

With the way things are going the dollar go reach 2,000 before December.If you have any means to leave this country ,pls be fast about it .There is no hope in this country and the incoming President won’t do better ,Brace up Nigerians !!

When people buy this dollar they cannot get from the bank or elsewhere have asked what do they normally use it for?
Some use it to pay for services abroad that demand use of dollar credit/debit cards
Some use it for payments of Tuition fee in UK,CANADA OR USA,

Formerly it was bank that does this for all Nigerians by setting our Naira debit card to be able to carry out web transactions to like 1000usd per day why bank sought the modalities afterwards but along the line things changed and it was permanently reduced to 20dollars per month. Then people start resoughting to black markets to sought their needs.
I wish to know why the Naira debit cards was placed on hold for paying intl transactions.

mcbreeze:
When you are confused and frustrated. You keep chasing shadows. You created parallel and official, now parallel is the determinate of the market.
Chasing them won't change anything. Go and do the needful

And the idiots are the ones supplying the parallel market

This Fulanis are messing up our currency and Buhari doesn't seem to be ready to deal with them. Something should be done urgently.

The best thing is to disband bureau de change operators and focus more on bank. Dollar will keep on rising as long as bureau de change are still allow to operate. Bank is an appropriate place for buying and selling of dollars for effective monitoring!

VeeVeeMyLuv:

And the idiots are the ones supplying the parallel market

BDC are owned by or working in collaboration with CBN officials especially their retired officials.

SIRKAY98:
When people buy this dollar they cannot get from the bank or elsewhere have asked what do they normally use it for?
Some use it to pay for services abroad that demand use of dollar credit/debit cards
Some use it for payments of Tuition fee in UK,CANADA OR USA,

Formerly it was bank that does this for all Nigerians by setting our Naira debit card to be able to carry out web transactions to like 1000usd per day why bank sought the modalities afterwards but along the line things changed and it was permanently reduced to 20dollars per month. Then people start resoughting to black markets to sought their needs.
I wish to know why the Naira debit cards was placed on hold for paying intl transactions.

It was all because of greed!
It is only our country that practice this wicked system.

It is so bad now that even those earning dollars from remote jobs in our country are deliberately frustrated to get the dollars. As in these guys are bringing in the dollars and are still frustrated.

The sole reason why everyone are paying extremely high insane attention to the dollar is because of the huge gap between official rate and parallel market rate.

Their aim is to create a system were every other person can only get the dollars at the the inflated black market rate from the BDCs.

mcbreeze:
When you are confused and frustrated. You keep chasing shadows. You created parallel and official, now parallel is the determinate of the market.
Chasing them won't change anything. Go and do the needful

chageing the currency was the best option for nigeria... changing it or not .. dollars will still be high... vote buying will reduce....

Either CBN stop giving banks USD, or create a database for accessing USDT. Anything other than this is a formality.

Banks are the ones calling ABOKIS when they get USDT from CBN. Aboki buys with interests and sells with interests. EFCC are suppose to raid banks, not ABOKIS!!


Create a platform for banks to adhere to and publish its customers who accessed USDT, ABOKIS will run out of business!

One Baba Bullion Van will sit at home while Banks will come to his house and change all the old Naira he hoarded in his house with the new ones. Thieves.

Fire brigade approach.no solution without policy control measure.

Chinjo2:
We await further clarifications on this arrest. BDC business is a legitimate business. They are licensed by CBN to trade in dollars and they are permitted by law to buy Dollars twice a week ffrom CBN

CBN stopped selling to this for over 3 months now

All the muscle flexing and actions of govt or its agencies on this Fx matter can best be described as window dressing or mere cosmesis. It will take us nowhere unless the fundamentals of fiscal policy and macroeconomics are addressed.

mcbreeze:
When you are confused and frustrated. You keep chasing shadows. You created parallel and official, now parallel is the determinate of the market.
Chasing them won't change anything. Go and do the needful

it will change, bring out the stolen fund, then go to jail.

ALLNIGERIANSMAD:
it will change, bring out the stolen fund, then go to jail.

Go to which jail?
Na u wan jail am?

From top to bottom all corruption Enterprise Haven

Abeg Abeg tell us another thing.

miqos02:
CBN stopped selling to this for over 3 months now

So how the BDC getting it? Abeg o

mcbreeze:
When you are confused and frustrated. You keep chasing shadows. You created parallel and official, now parallel is the determinate of the market.
Chasing them won't change anything. Go and do the needful

What is the needful?

SIRKAY98:
When people buy this dollar they cannot get from the bank or elsewhere have asked what do they normally use it for?
Some use it to pay for services abroad that demand use of dollar credit/debit cards
Some use it for payments of Tuition fee in UK,CANADA OR USA,

Formerly it was bank that does this for all Nigerians by setting our Naira debit card to be able to carry out web transactions to like 1000usd per day why bank sought the modalities afterwards but along the line things changed and it was permanently reduced to 20dollars per month. Then people start resoughting to black markets to sought their needs.
I wish to know why the Naira debit cards was placed on hold for paying intl transactions.

What is the point of having a prepaid card frm ur bank but same bank won't sell u dollars?
U have to go and buy outside and go inside to deposit it.