Is it safe to buy dollar now and keep as investment?
Posted: October 27th, 2023, 5:23 am
As the Naira keeps crashing, a million naira last year is worth less than half of it today. On the reverse a thousand dollars last year is now worth more than x2 the naira equivalent today.
I'm not sure if my question is necessary because the truth stares us in the face.
1 dollar is now about N1,300. OMG.
I'll just buy dollar with my savings now and keep. It will appreciate more.
Safe investment. I'm out.
I'm not sure if my question is necessary because the truth stares us in the face.
1 dollar is now about N1,300. OMG.

I'll just buy dollar with my savings now and keep. It will appreciate more.
Safe investment. I'm out.