Skip to main content

Twenty Months Of Tinubu: Save Yourself From Nigeria's Next Forex Crisis

This is Google's graph of the Naira against the US Dollar today. It represents the situation since a week to Christmas.

As you can see, this is a literal "graphic" sampling of what has befallen the Naira in the last 20 months of the Tinubu Administration.

But, watching the trend indicates that the worst is yet to come: This 2025 looks like another year of huge forex downturn for us - unfortunately.

But, pitying ourselves is not a mature approach to issues. Instead, what matters the most right now is...

How Can You Be Safe From The Next Naira Plunge?

Without wasting a second, your choicest answer is: Save your money in a standard hard currency. Don't use crypto currency to save because it's also unstable like the Naira: It's value can diminish any time (unless you just decide to trade long term).

To save safely in the US Dollar while in Nigeria, your best bet is to open and run an account with a well-established commercial bank based in the United States. 

To help out here, we want to teach Nigerians how to reliably run a US-based bank account from Nigeria. You open the account completely free of charge with your NIN and BVN.

The account is domiciled with Wells Fargo Bank in the US State of Oregon. But, you can conveniently deposit into it as well as withdraw from it using any bank account with a government-approved commercial bank in Nigeria.

How Can You Participate In This Program?


First, we want to know if there are enough people who are interested in this. This is as a result of our past experiences with the Nigerian audience.

So, if you are interested in this, express your interest via this document. Thanks.


Comments

Popular posts from this blog

#Learn2Learn: A New Idea For Acquiring Any In-demand Tech Skill With Relative Ease

Oremus Ventures' Learn2Learn: An Introduction Oremus Ventures is our sister brand with an almost unusual solution to Nigeria's poor economy. This solution is tagged ' Learn2Learn '. Learn2Learn by Oremus Ventures uses Google Classroom and other online platforms to teach its subscribers deep secrets for learning any tech skill much more easily and faster.  Learn2Learn is inspired by the realization that learning in-demand tech skills is among the fastest ways to lift Nigerians out of poverty. Imagine getting paid an hourly minimum wage of up to $20 (about ₦31,000 today) as seen below 👇. In-demand skills are so called because the demand for them is currently higher than the supply. Therefore, learning one of these skills automatically sets you up to become highly sought-after by business owners with a lot of money across the world. Thus, you are well respected while getting fat pays. Because of how much they need people with these skills, the numerous companies seekin...

NIGERIA: Possible Strategies President Tinubu Is Using To Pocket The Country As He Did Lagos

Image source: The Southern Examiner I visited Festac Town Lagos in 2006 when Tinubu held sway as the state governor. One thing I noticed without anyone telling me was this high austerity level in the air - which contrasted sharply with my experiences in a couple other parts of the country. When I asked, I was told that the 3D suffering levels were as a result of The Obasanjo Federal Government withholding the allocation due to the state. I couldn't understand it because I always knew Lagos as a mega state with such a humongous IGR that it could function beyond average even without any federal allocation. It took me over a decade before I realized what the man was actually doing then under the noses of millions of citizens. I remembered to revisit this issue because I see now a reenactment of what happened in Lagos in those days. The only difference I see is that then, it happened at a state level but now it is happening at the national level. Here are some of the strate...

How To Handle Your Haters: A Lesson From Bill Gates And His Daughter (2)

Bill and Phoebe Gates. Image credit: Business Insider Do you know what? I learned that, growing up, Bill Gates was too small for his age and was often bullied at school and on the streets. As a result, he had very few friends - no more than two per time. As related in the archives , young Bill was a recluse who spent hours cocooned in his room. Once, during such a social withdrawal, his mom asked after him over the intercom, and Bill shouted back, “ I'm thinking… Have you ever tried thinking? ” The fact is: Young Bill Gates didn't have many friends. Unknown to him, many of his peers snubbed him because a rumor spread around town that “ Bill is the weirdest guy that God ever made ”. As acknowledged by Washington Post's Mark Leibovich, the real issue was that the boy Bill Gates III was an infant prodigy. As a result, he just couldn't get along with most of his peers and vice versa. But, it hardly became an issue to him because his attention was essentially somewhere else....

Another Blow On Igbo-Yoruba Rivalry

Chauvinism is the big dent on Africa One day, some generations of Africans will remember that it was decades of unhealthy rivalry among their ancestors that made them lose their place in the committee of humans. Unfortunately, those "ancestors" will point back to you and me. This must happen unless today's generation of Africans take the bull by the horns and walk the uncommon road. For example, they must look each other in the face and decide to unite, form a common front and fight their common enemies. The Famous Igbo-Yoruba Rivalry As A Case In Point Recently, many Nigerians of goodwill genuinely mourned the passing of one of the few icons ever thrown up from the Nigerian political space. His name? Professor Humphrey Nwosu. Late Prof. Humphrey Nwosu. Image credit: USAfricaonline.com What makes Late Professor Humphrey Nwosu so iconic? It is the historical fact that he defied a military junta and insisted on letting basic democratic procedures be followed. So, he announc...

VDJ: A Relatively Easy Way To Make A New Year Resolution That Ends Up With A Fulfilling Year Right From The Start

I came to realize this: Many of those who say that new year resolutions don't work are only using a gaslighting tactic called "sour grapes". "Sour grapes"  is a phrase coined from Aesop's fable, where a fox decides that grapes are probably sour anyway, after failing to reach them. This idiom describes someone who disparages something they cannot have or achieve. In other cases, I found such statements thoroughly defeatist. Defeatism refers to a mindset where someone assumes that a task or goal is impossible to achieve, often due to their own lack of ability or experience. Otherwise, every new year eve provides an ample opportunity for every person or brand to look back at the dying year and take stock. The aim of such stock-taking is to embark on self-evaluation, review your achievements and mistakes for the year and forge a formidable new beginning, insisting that " the end of this new year must see me much more fulfilled than I am now ". When you...

The Number 1 Secret For Raising A Kid Who Will Be Healthy, Wealthy, And Wise: A Lesson From Jeff Bezos’ Upbringing

This secret is for all parents, guardians, and teachers who are serious about raising kids who will be successful in life and early enough too . So, if this sounds like you, just invest your time and attention for 10 minutes only and get one point that will make a lot of difference in the future of your family. Knowledge Is The Secret, But Maybe, Not What You Think Image credit: European CEO Pictured above is Peter Drucker (1909 - 2005). Drucker was a renowned management consultant and author who is often credited with coining the term " knowledge economy ." He first discussed the concept in his 1969 book, The Age of Discontinuity: Guidelines to Our Changing Society . In the book, Drucker argued that the economy was shifting from a focus on manual labor and industrial production to one centered on knowledge, information, and expertise.  In his 2005 book  Thinking For A Living , Thomas H. Davenport revealed that Drucker already used the phrase " knowledge work...