NewStats: 3,263,950 , 8,182,045 topics. Date: Monday, 09 June 2025 at 12:18 AM 3q1y2v

Three weeks ago, Canadian dollar was N1,213. Today, it is N715. Pounds was N2,105, today, it is N1,300.

I'm just telling you so that you don't think Naira is fighting only USD.

https://twitter.com/DeeOneAyekooto/status/1778784885575930104

So is Nigeria Govt defending all currencies of the world?


Nobody is subsidizing anything.... Naira is gaining it real value without being defended like the way hard earn currency being used in the past .

Guy Rest!

Too much ignorance display in one thread.

What do people typically learn in Nigerian schools?

Leo34rf:


This one na mumu. Na wa o. Go school, go school, you no gree. Now see the end product.

How is he mumu?
Actually, the mugu is you who hates to hear good things about the country.

gtown:

How is he mumu?
Actually, the mugu is you who hates to hear good things about the country.

Don't mind them, enemies of the country, go go shame you all soon.... I only pity those that sold there properties to japaed

blamingthedevil:


https://twitter.com/DeeOneAyekooto/status/1778784885575930104

That's because conversion of other currencies actually depends on dollar.

gtown:

How is he mumu?
Actually, the mugu is you who hates to hear good things about the country.

Other currencies depend on the dollar rate, so you don't need to defend them.

tollyboy5:
Guy Rest!

Don't shy away from the truth, alaye

SoNature:
Too much ignorance display in one thread.

What do people typically learn in Nigerian schools?

You hates the truth?

Leo34rf:


Other currencies depend on the dollar rate, so you don't need to defend them.

Habaaaa chai

blamingthedevil:

Habaaaa chai

That reply ought to have shut you up. Your insistence on being ignorant is a slap on your education or rather lack of it.

People mumu sha. Enemies of the country just don't want to hear any good news about Nigeria.

They don't understand when currency is being defended. If the CBN defends Naira, the rate will be fixed, and subsidy will be paid on it only to benefit the rich (banks, aboki & CBN staff doing roundtripping).

A defended currency will not be appreciating daily like the Naira is doing. It is always fixed. Example of this is when USD was sold by Emefiele at the rate of 400 naira and black market was selling same for 750. They deliberately created that gap to benefit their cronies and the nation was paying subsidy for a select few, not even the eligible customers.

micellgevity:
People mumu sha. Enemies of the country just don't want to hear any good news about Nigeria.

They don't understand when currency is being defended. If the CBN defends Naira, the rate will be fixed, and subsidy will be paid on it only to benefit the rich (banks, aboki & CBN staff doing roundtripping).

A defended currency will not be appreciating daily like the Naira is doing. It is always fixed. Example of this is when USD was sold by Emefiele at the rate of 400 naira and black market was selling same for 750. They deliberately created that gap to benefit their cronies and the nation was paying subsidy for a select few, not even the eligible customers.

you guys are the real enemy of the country. what do you think you are doing by ing and voting in evil and highly corrupt people?

This post makes you to understand that some Nigerians are oppoaite of what they preach online.
This is to tell you that some Nigerians are not really after the betterment of the country, they just want their preferred candidates at the government position.

@op that your last paragraph makes me wonder if you need some mental evaluation. Because, is like brain is paining you.

blamingthedevil:
So is Nigeria Govt defending all currencies of the world?


Nobody is subsidizing anything.... Naira is gaining it real value without being defended like the way hard earn currency being used in the past .

Truth...

By the time naira finally settled, it will shock everybody.

I'm seeing 400 in the making