NewStats: 3,261,483 , 8,174,129 topics. Date: Thursday, 29 May 2025 at 11:51 AM 2m1q486z3e3g |
Naira Depreciates To ₦1,300/$ In Official Market (31013 Views)
Greensea1(m): 7:28am On Apr 24, 2024 |
[quote author=StOla post=129601139] Oga, stop there and swallow your pride! it, accept you made a blunder and move on! Which one be context? I hate this kain nonsensical pride! Stop embarrassing us! |
idahme(m): 7:29am On Apr 24, 2024 |
Fearyourcreator: Why are bigots irredeemable? 6 Likes 1 Share |
HIV1: 7:30am On Apr 24, 2024 |
StOla: |
dfrost: 7:31am On Apr 24, 2024 |
StOla: StOla, was the fix economically viable, both in macro and micro? 1 Like |
Baster: 7:33am On Apr 24, 2024 |
Nothing ever works in this country. How come CBN sells to BDCs at N1,020, and BDCs aren't suppose to make more than a profit of 1.5%, yet it's been sold for over N1,300. This is crazy.
3 Likes |
dettolgel: 7:36am On Apr 24, 2024 |
theredaddy: To be honest you are either too emotional or you are just a willful tool. What impact does a "wish" has on the economy? The other group that has been wishing the economic good has their good-wish sustained the economy? If their good-wish can't revive the economy why do you think the bad-wish gang are the ones whose wishes are effective? Please use your head and look at the root cause of the problem and then examine if government approach is right or not. 6 Likes 2 Shares |
udemzyudex(m): 7:37am On Apr 24, 2024 |
Which kind wahala be this, sellers go see opportunity to keep their price high,again others go dey fear to buy goods.
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udemzyudex(m): 7:39am On Apr 24, 2024 |
AqualinaXYZ: The likes for this post shows say a lot of people no want make this country better at all. Wetin be the difference between you people and politicians wey una dey complain about? 1 Like |
udemzyudex(m): 7:41am On Apr 24, 2024 |
mrvitalis: Dollars is now a yardstick for intelligence? Wow. |
wink2015(m): 7:41am On Apr 24, 2024 |
NIGERIA GO AND INVEST IN AGRICULTURE, MINING, IT TECHNOLOGIES AND ELECTRICITY POWER SECTORS. Investment in Agriculture will increase the already poor revenue status of Nigeria, states and local government. Crude oil revenue may bring short term gains but it is grossly unstable. Crude oil money since it brings short term gains is suitable for MONEY GRABBER like our politicians majority of whom are seeking public office for self benefit. There is already crisis in crude oil producing community as the locals in the community are feeling that government is after their mineral resources but not after their welfare. Go to Bayelsa states, Delta states, Rivers states, Akwa Ibom, Edo state, Ondo state they lack portable drinking water. 1 Like |
LagosFirstSon: 7:43am On Apr 24, 2024 |
Tinubu is a failure Helinues what have you got to say about the constant depreciation of our darling naira against the dollar ? I know to be a er of failure but I hope you won't failure this time as usual 2 Likes |
Fuckyoumod: 7:44am On Apr 24, 2024 |
StOla:You are irredeemably stupid! 2 Likes 1 Share |
yewit37486: 7:44am On Apr 24, 2024 |
udemzyudex: It's shocking, honestly. |
franugo(m): 7:45am On Apr 24, 2024 |
StOla: Because he's the one that made the naira depreciate right? 4 Likes |
Anonimoux: 7:46am On Apr 24, 2024 |
I always knew that this voodoo and fire brigade economics will not lead anywhere. When you aren't a productive country and an export oriented nation, your economy will suffer and your currency would be valueless. 1 Like |
IfnobeGod20(m): 7:46am On Apr 24, 2024 |
garfield1:In Yoruba parlance it is a common saying that oju to ma bani kale, kin taro wapin. True to ourselves, this government had not show any sign that they are going into heavy production. They only rely on Dangote for survival. How would a country put her destiny in the hand of a sole proprietor? Only Nigeria. It makes no sense at all. I have applied the common sense, this is almost a year and those in government has not shown a pint of sense that they are going into production to help the economy. Patching the process won't help at all. If we like, we should continue in the same ways we were before, we will still get the same results. Aside the governor of Niger state that has shown sign of going into production, the rest are sleeping, including the presidency. My brother, these people are not ready to do the needful, they are sleeping and snoring and we expect wonders from them. This is no rocket science o. 3 Likes 1 Share |
kay29000(m): 7:50am On Apr 24, 2024 |
StOla: It's sickening. |
cjudy(m): 7:52am On Apr 24, 2024 |
StOla:Have you asked your grand father? He said go and ask your grandfather, so don’t delay. Run faster and go and ask him 1 Like |
dikings(m): 7:53am On Apr 24, 2024 |
Even after banning Binance?.hehoheho... I laff in Swahili ![]() ![]() |
tweakstar: 7:54am On Apr 24, 2024 |
Elonmuzk: So sad and scary. |
Bennycollins: 7:59am On Apr 24, 2024 |
StOla:It is not just about being the youngest. We have young thieves and criminals, just like we have credible old men. |
IfnobeGod20(m): 8:02am On Apr 24, 2024 |
theredaddy:But in those countries their leaders are not as greedy as those we have in this country. Their leaders respect the dignity of their citizens and they make good their promises to their citizens. A country that put her citizens into a perpetual slavery has no right to ask for patriotism from the citizens. Everyone gets what it dishes out. a common saying, an hungry man is an angry man. People are angry about how the country is been run while some are pretending even though they are facing the same wrath from the government but because their tribesmen are in the helm of government, they are comfortable. Come to think of it, that somebody is cursing his country, does it makes the leaders not to do the right thing? No country that some citizens would not be critical about their leaders. No country and I mean no country and Nigeria can't be different. Don't see the attitude of some as deferring. Those countries that frown at dishing out negative about their country have legislation to that effect and they also have strong economy. 2 Likes |
Bennycollins: 8:02am On Apr 24, 2024 |
motionarena:That is one of the reasons some are telling you that they are cashing out from the poor economy dished out by the poor leaders. 1 Like |
Geovanni412(m): 8:05am On Apr 24, 2024 |
Ofunaofu: @stola, Every Nigerian wants a strong naira No Nigerian wants to lose money in their business Reducing value of dollar exchange rate whilst price of goods remains high is a lose-lose situation In construction of houses, contracts are priced in dollars and in naira. The dollar cost is to compensate for the unrealistic inflation of building materials that will occur during construction of the project. With the artificial increase in naira value against the dollar and increase in building materials side-by-side, it is impossible for many construction projects to go on smoothly without the engineer incurring a loss or the owner of the project abandoning it. This reality plays out in many other industries. Importers who bought goods at 1,700 naira are having difficulty offloading those goods and have to take loans at higher interest rate to buy new stock. This is basic economics. Nobody wins with this voodoonomics. Better for them to focus on eliminating factors leading to high prices of goods before tackling the dollar issue. 1 Like |
Ikennaezento(m): 8:06am On Apr 24, 2024 |
As the Dollar is now rising, the Agbadorians will start blaming the Obidients for the rise of dollar, instead of Cardi B
2 Likes |
jaxxy(m): 8:08am On Apr 24, 2024 |
Lol criminals
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EdiskyHarry: 8:09am On Apr 24, 2024 |
StOla:Just take the correction and move on, don't do more damage to yourself. Goodluck |
Geovanni412(m): 8:10am On Apr 24, 2024 |
IfnobeGod20: The governors are the biggest problem of Nigeria If all of them are serious and create good environment for production of food in their areas, price of food will drop Why should Abia state be importing yam from Benue state or Taraba state? Every state should provide enabling environment for farmers and good security network That way, price of diesel will not be a heavy influencing factor in food price. |
Honor10: 8:12am On Apr 24, 2024 |
RuggedBiafran: Hunger will kill you and you parents first, before it touch anyone in the west. Pained fuuul |
theredaddy: 8:12am On Apr 24, 2024 |
dettolgel: Maybe i am a bit emotional but i don't see how that is detrimental to Nigeria or Nigerians Bad wishes have an impact cos those wishing the country bad have there mouth where there Money is ... thatz what you missed. When you view all the efforts and planning that precedes "Repair" can you compare it to "destructive mission" .. Repair and good finishing takes time and deliberate effort which must be consistent hence why we tell those asking why prices of goods are not going down spontaneously yet to be reasonably Patient as Rome wasnt built in a day |
zinaunreal(m): 8:15am On Apr 24, 2024 |
theredaddy: The drug pusher is a failure . Nobody told him? Keep on with your sentiment. The most useless president after buhari |
callthefred: 8:16am On Apr 24, 2024 |
rinzaugustine: Do you really think Peter Obi would have done better under a year considering the conditions met on ground? Because if government had refused to float the naira our reserves would have been badly depleted by now and we all know that speculators and bad eggs amongst us are actually responsible for many of these round tripping. You can blame Tinubu for anything else but those decisions were ed by all candidates including removal of subsidies so what exactly do you think Obi or anyone would have actually done differently to save the naira within a year knowing we import our fuel and essentials. Y'all just always bitter your man lost and for that reasons praying hard that Nigeria collapse. I never voted or ed Tinubu but anyone with a functional brain knows that what he met on ground and attitude of Nigerians was terrible. Dollar had been on the rise for weeks and prices refused to go down and yeah government must be blamed for that too ![]() |
Blogger Seun Oloketuyi Arrested For False Publications About Bank CEOs
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