Almost a month after the Central Bank of Nigeria forced foreign exchange update platform, Aboki FX, to suspend its operations, the naira has failed to rise on the parallel market although it has stabilised,Worse still, the naira dropped by 2.6 per cent to N422 per dollar, hitting an all-time low on the official market on Thursday.
The platform had denied the allegations but suspended its updates, saying, “We sincerely hope this suspension will lead to the naira appreciation from next week.” Yusuf, who is the Chief Executive Officer, Centre for the Promotion of Private Enterprise, said, “The CBN needs to give the market a chance. Its current approach would continue to deepen distortions in the economy, perpetuate round tripping, fuel speculation, suppress Forex supply and boost underground economy. The problem is not with Aboki FX. It is essentially a policy matter.”
Maybe, just maybe aboki fx revelations wasn't the problem....lol
Emefiele has brain tumor with an implant.. SMH
Dollar is rising from the back you will not understand the parameters used it’s getting to 1$ to 1KN promise fulfilled from the back
It's the 'fails to rise' for me lol.
When AbokiFX owner refused to come outside and fight Meffy nko? He should come out first whether Naira no go rise like Ijebu garri
savage 😂😂😂💔💔💔
Touch am e go rise😌
Have they tried adding yeast to the Naira?
_1and0 Haq haq haq. Witches and wizards in government. Bad belle people
CBN governor with stupid policies caused the decline in the first place.
When you have broad-based gross incompetency all over the place, what do you expect? I will now be blaming LiveScore for the outcome of a match.
Make them show am pussy nau
CBN governor no get sense
Economic Dysfunction 💀💀
mikelodegreat Another evidence that the CBN man is EmeFailure!!!😂
The funniest thing about Africa president, senate, governor or any so call election is done in one day and bam the candidate is elected..... No any background checks at all
They haven't added yeast
Damn shame, they think aboki fx was their problem
E go rise now, they need to add more Meffy wheat
All these is because those who have been chosen to do the work are with empty brain 🧠 and lack ideas. The CBN governor came out and was blaming Aboki Fx for the fall of dollar which is not true. I believe that Nigerians have seen it now. Our hope lies in Biafra.
Still operational..get your facts right.
CBN can't analyse their problem.
A country where her citizens only consuming foreign products but refused to accept production of her own products, making it hard for foreign investors. Only if RESTRUCTURING can take place in that country.
Exercise in futility!
Gbege 😂😂😂😂
That’s what you get when ruled by ‘Educated Illiterates’.
Nigeria naira and govt are erectile dysfunction
Meffy Inside: Come outside leeeets fight... Meffy Outside:
Very soon CBN/government will blame dollar and pound sterling for being wicked
Add yeast mf.
It's warming up, it will soon rise.
3)...whole country need to be checked. But in my country a person who can't even grant a sound interview or convince us with a debate can be president as far as you can bring in tribe and religion. May God safe us!
2)....We don't choose leaders based on competency. A good country will do background check of their leader before been voted for. There will be several webinars, presidential debate and lots of interview before someone is been voted for. The IQ of someone who want to rule a....
1) We have rulers with no absolute knowledge of how to tune the economy of our nation yet you expect naira to appreciate. We have rulers with no good or definite economic background. Nigeria is a country we consider rulers based on tribe & religion & still emphasize on zoning.
In a country where exportation is almost becoming a forbidding business with policies that doesn't encourage the availability of dollars, our only access to dollars is to borrow. And now the same set of leaders are fighting AbokiFX. Truly there was a country......
A fallen penis does not rise because you tell am to rise. Do the needful.
I love this headline from PUNCH. Means a lot.
Viagra that was supposed to be used for Naira is finished. Naira can not stand again unless we get our policies and economic decisions (Viagra) right
😂
Shutdown Buhari and see dollar rise
Gangan Gangan .. part 2 Loading I can’t wait to see who the next blame falls upon
That the effect of having a clueless person in charge
Someone is keeping track!!
😃😃😃
Make them put Yeast or Make them give am viagra e go rise... 😂😂😂
The dependent country's govt and CBN are actually clueless. They promised to make $1=N1. Up till now they are yet to even understand financial dynamics. Really Sad!
Going after shadows
how naira won take rise, wey him no be bread.
Aboki was back in Business 3 days after the state of confusion of the CBN governor! Honestly the governor wasn't well equipped for the Job particularly at this time. If we understand the economic System we will not just appoint anybody to sensitive Position. Doing that ruin
Emefiele: Na so we see am ooh
Kikikiki federal govt are clueless.
Na Abokifx cause CBN ?
Naira no be jesus
CBN the joker ..... No sure forecast his head is full of how to thief money no be to help where he's governing
The problem of Naira is buhari not FX, shutdown buhari.
zooinshambles Zimbabweandvenezuelaherewecome EndNigeriaNow
godwinemefiel cenbank ..!! Oloriburuku ni yin oo..!! 😂😂
Na yeast?
Now they know who to blame! Failed administration!
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