NewStats: 3,265,373 , 8,186,557 topics. Date: Saturday, 14 June 2025 at 05:11 PM 3b3541

STNWAUME:
For those that missed buying USD at N360 last year it is still a bargain at current rate of N490 per dollar because with the excess Naira printing go on in CBN people will beg to buy at N1000 per USD next year.

Today NAIRA hit an all-time low of N550 per USD in it 48ys of existence.

STNWAUME:



Today NAIRA hit an all-time low of N550 per USD in it 48ys of existence.

I really hope some form of reversal is on the horizon
Things cant continue like this to be very honest

megawealth01:
Don't know why I don't have this sef

samguru:


They declared 15 Kobo

Atlas Registrar is the company's registrar

Sorry it is flour Mills in my portfolio.The alert is from them.Did they pay any dividend.Pls how much and who is thr registrar

STNWAUME:



Today NAIRA hit an all-time low of N550 per USD in it 48ys of existence.

Congratulations.What next.Should we start crying

STNWAUME:



Today NAIRA hit an all-time low of N550 per USD in it 48ys of existence.

Sir, please leave us alone and let’s face our NSE jeje. We don’t want any negativity here lol (joking). Sir, you better commot before Buhari fans devour you

Godisfaithful:


Sir, please leave us alone and let’s face our NSE jeje. We don’t want any negativity here lol (joking). Sir, you better commot before Buhari fans devour you

Godisfaithful:


Sir, please leave us alone and let’s face our NSE jeje. We don’t want any negativity here lol (joking). Sir, you better commot before Buhari fans devour you

I don't understand why you will tag all those who have contrary opinions as Buhari Fans.. Only one road does not lead to the market. They are several ways to make money buying and keeping dollar as you want/advised is just one of it.

No matter how you look at it or do not want to believe, there are people that would have made money same way you feel you are making from dollar or even more doing other things. Everybody can not follow same route. Besides if everyone decide to buy and store dollar as you guys advocate, where is it to go round? Maybe we should just beg the US to let us adopt that currency as ours too.

Even at that we will still not be satisfied..Maybe then we will shift more attention to British Pounds.

freeman67:


I don't understand why you will tag all those who have contrary opinions as Buhari Fans.. Only one road does not lead to the market. They are several ways to make money buying and keeping dollar as you and want advised is just one of it.

No matter how you look at it or do not want to believe, there are people that would have made money same way you feel you are making from dollar or even more doing other things. Everybody can not follow same route. Besides if everyone decide to buy and store dollar as you guys advocate, where is it to go round? Maybe we should just beg the US to let us adopt that currency as ours too.

Even at that we will still not be satisfied..Maybe then we will shift more attention to British Pounds.

deep... Wished I could liked it a thousand times

All through 2022 and part of 2023, I expect Dollar to settle at N410 or so. There will be so much dollar liquidity in the world that people will even be scared of holding it.

After these periods, it's a different kettle of fish.

Some smaller African, Asian and Caribbean countries will end up using USD as their official currencies.

https://doclib.ngxgroup.com/Financial_NewsDocs/34082_FIDELITY_BANK_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR.pdf

Fidelity bank result don land ooo

I hope this is not true. Pls can someone please confirm the authenticity of this circular?

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freeman67:


I don't understand why you will tag all those who have contrary opinions as Buhari Fans.. Only one road does not lead to the market. They are several ways to make money buying and keeping dollar as you want/advised is just one of it.

No matter how you look at it or do not want to believe, there are people that would have made money same way you feel you are making from dollar or even more doing other things. Everybody can not follow same route. Besides if everyone decide to buy and store dollar as you guys advocate, where is it to go round? Maybe we should just beg the US to let us adopt that currency as ours too.

Even at that we will still not be satisfied..Maybe then we will shift more attention to British Pounds.

Sir, I never tag anyone who has a contrary opinion as buhari apologetic or fans. My response to that Oga statement is not collective. Anyway, thank you for letting me know that.

Boyhood:
I hope this is not true. Pls can someone please confirm the authenticity of this circular?

Fake check the date

OBAGADAFFI:


Fake check the date

Maybe the plan is to release it on Monday? This could be a leak. I am all for CBN doing anything to wean Nigerians off of this dollar addiction!

RabbiDoracle:
All through 2022 and part of 2023, I expect Dollar to settle at N410 or so. There will be so much dollar liquidity in the world that people will even be scared of holding it.

After these periods, it's a different kettle of fish.

Some smaller African, Asian and Caribbean countries will end up using USD as their official currencies.

Rabbi The Oracle, this is doable with the right policy and honest istration. With this govt we have in Nigeria, I will say it is questionable and challenging. Things already got out of hand. Spiritually it might work but realistically at the moment, I will keep my fingers crossed. I want a better Nigeria going forward…God help us

Ades1:




Maybe the plan is to release it on Monday? This could be a leak. I am all for CBN doing anything to wean Nigerians off of this dollar addiction!

Really!

CBN should as well convert all Nigeria foreign Reserve to Naira all in bid to strengthen the NAIRA and wean off proactive Nigerians who are trying to protect their life savings.

Good afternoon everyone
Fidelity Bank results out: is it a good buy recommendation.
Need advice

Ades1:




Maybe the plan is to release it on Monday? This could be a leak. I am all for CBN doing anything to wean Nigerians off of this dollar addiction!

Na this is dangerous.

Boyhood:
I hope this is not true. Pls can someone please confirm the authenticity of this circular?

I dare CBN to try that. I just hope they don’t try that because that will cement the end….

Ades1:




Maybe the plan is to release it on Monday? This could be a leak. I am all for CBN doing anything to wean Nigerians off of this dollar addiction!

I second the motion. People keep buying the dollar at any price to hoard it leading to weakening of the naira.

OBAGADAFFI:


Na this is dangerous.

You’re probably right but I don’t see Bank if America, Chase, Wellsfargo or Citi offering s in different currencies in America. You can buy any currency from them but you can’t operate an with a different currency.

I am not an expert in this topic, but the addiction to $$$ in Nigeria cannot be good for the economy.

Ades1:


You’re probably right but I don’t see Bank if America, Chase, Wellsfargo or Citi offering s in different currencies in America. You can buy any currency from them but you can’t operate an with a different currency.

I am not an expert in this topic, but the addiction to $$$ in Nigeria cannot be good for the economy.

Stop comparing orange with Apple.

Bank of America had faith in their local currency and kept their Reserve in USD.

Since CBN claim to have faith in Naira why should they keep their Reserve in USD and expect Nigerians to keep theirs in Naira.

Boyhood:
I hope this is not true. Pls can someone please confirm the authenticity of this circular?

This will be very silly to implement
Tackling the root cause of the slide of the naira into the abyss will be the only solution that will stick
All these bravado moves will not help them in any way
It will only make matters worse

smasher1:


I second the motion. People keep buying the dollar at any price to hoard it leading to weakening of the naira.

Smh
Address the WHY
Addressing the why is the only solution
You cannot fight nature

RabbiDoracle:
All through 2022 and part of 2023, I expect Dollar to settle at N410 or so. There will be so much dollar liquidity in the world that people will even be scared of holding it.

After these periods, it's a different kettle of fish.

Some smaller African, Asian and Caribbean countries will end up using USD as their official currencies.

This is possible
It's also possible that the Feds reverse course
And destroy the excess liquidity

STNWAUME:


Really!

CBN should as well convert all Nigeria foreign Reserve to Naira all in bid to strengthen the NAIRA and wean off proactive Nigerians who are trying to protect their life savings.

Indeed

samguru:
https://doclib.ngxgroup.com/Financial_NewsDocs/34082_FIDELITY_BANK_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR.pdf

Fidelity bank result don land ooo

Eps from 39 to 67 kobo.
Some banks are very cheap o.
I guess this Fidelity is cheaper than Access bank.

locodemy:


Eps from 39 to 67 kobo.
Some banks are very cheap o.
I guess this Fidelity is cheaper than Access bank.

Audio

locodemy:


Eps from 39 to 67 kobo.
Some banks are very cheap o.
I guess this Fidelity is cheaper than Access bank.

Annualised earnings...

DrAwo:

Annualised earnings...

It is not annualised.
Please check your calculations and confirm