NewStats: 3,261,043 , 8,172,942 topics. Date: Wednesday, 28 May 2025 at 06:00 AM 52ax6z3e3g |
The Naira is Cooking! CBN’s Master Plan is Paying Off (11941 Views)
nnewsnjobs: 9:59am On Feb 19 |
Naira supposed to be somewhere around 700/900 per dollar. We still have a long where to go. Let the momentum continue until we get there. |
tnerro1(m): 10:05am On Feb 19 |
Fake propaganda
1 Like |
shortIGBOman: 10:14am On Feb 19 |
Abel7777: Another one from Tinubu's propaganda Government. How are you celebrating one dollar at over 1,500 naira? When Tinubu assumed office one dollar was less than 700 naira in black market. 1 Like |
Jflex07(m): 10:22am On Feb 19 |
Idiots and scallywags. Take it back to 700, you sycophants and Never do wells!!
|
surgical: 10:28am On Feb 19 |
Bluntemperor:The guy is not asking for too much it can even get better but you guys are used to punishing the people rather than govern to improve their lives What you requested of him is job of your government not the individual that made the comment, a serious government don't devalue when it has nothing to export ,a responsible government don't leave its foreign exchange to market forces,that's only done in text books Besides, eliminating the corruption in the fx market,stopping importation of Petroleum products and putting an end to the dollarisation of the economy will greatly improve the fx rate but the government will not do it because they are beneficiary 1 Like |
bdon123(m): 10:29am On Feb 19 |
Abel7777:U havent made a single sense...how mch was naira to dollar 1 yr ago n how mch now |
TechBaron: 10:33am On Feb 19 |
Rebelutionary:Who are the "we"? |
Aboki99(m): 10:34am On Feb 19 |
Ho much have you been faid?
|
Emotionss: 11:17am On Feb 19 |
[color=#006600][/color]
galserv: Funny how a pathetic nonentity like you is doing everything humanly possible to disgrace his lineage and Ancestors all in the name of defending his oppressors in hopes it will give him some sense of self importance or worth.. Now back to the topic. Who is the idiooot that devalued the Naira few months into his istration and few days after fuel subsidy removal ? Who is the entity that thought it wise to devalue the Naira on the same period the Nations economy and it's citizens are still trying to understand and navigate the negative effects of the fuel subsidy removal ? Somebody destroyed the economy of a struggling nation and and almost eliminate the purchasing power of its citizens all in the name policies but somehow we still have uncircumcised nonentity like yourself defending that person and their bad policies. And we wonder why Nigeria is the way it is 1 Like 1 Share |
Gold2024: 11:46am On Feb 19 |
E shock me how Naira dey bounce back like say e swallow multivitamins. CBN, abeg, no fall our hand this time. We dey root for una.
|
Queenjoyce405: 11:47am On Feb 19 |
I am cautiously optimistic. CBN is moving in the right direction, but until dollars goes back to 180N, I still dey observe.
1 Like |
DavidOdia2025: 11:49am On Feb 19 |
This na wetin we dey beg for since real reforms, no be anyhow policies. CBN just dey humble speculators.
|
Romababby: 11:51am On Feb 19 |
At least now ehn, when I dey buy dollar for my business, e no be Hunger Games LOL!!!!!!!. But Cardoso abeg, hold the line o.
|
Queenjoyce405: 11:52am On Feb 19 |
Emotionss:while I get your pain, you must understand that Cardoso didn’t do all these, it’s government, terrible people had done ahead to mess things up, he is even trying to remedy the economy, omo we can only be optimistic, for the first time dollar hasn’t climbed. Typical Nigerian dollar would have climbed up! |
Tony2024: 11:53am On Feb 19 |
This FX Code wey dem introduce, I like am. It dey bring transparency but make CBN no slow down. Na greed dey always spoil show for Naija.
|
Rebelutionary: 12:25pm On Feb 19 |
TechBaron:Nigeria as a country as represented by Tinubu is the[b] "WE"[/b] |
SmartyPants(m): 12:26pm On Feb 19 |
Earthquakes: Where? |
Rebelutionary: 12:27pm On Feb 19 |
Queenjoyce405:There is nothing cautious about your "optimism" cos even you know say na only for your dream Naira go reach #180 |
anyilalaz: 12:29pm On Feb 19 |
ClearFlair: Tell the mofo that he should tag me when it hit 700 then I will know that CBN is working. 1 Like 1 Share |
galserv: 1:11pm On Feb 19 |
Emotionss: Od*! You are just a pathetic sore loser!! There is no free lunch in life. Somebody is paying somewhere. In this case, the FG who used to pay got cash-trapped and fed up of borrowing to pay STUPID, OVERBLOATED subsidies including subsidy of the Naira. Now, 25 trillion naira was injected by Emefiele from thin air into the economy - not cash o - but credits to various s so that we don't even have the cash value for the money in our system thereby causing cash scarcity. The Naira had to be devalued to be at par with what we have in our foreign reserves. Olod*!! |
Emotionss: 1:24pm On Feb 19 |
[color=#006600][/color]
Queenjoyce405: I understand your point. All I am saying is that for a country like Nigeria filled with human and natural resources to celebrate the current exchange rate of #1500 to a dollar is extremely pathetic especially when the exchange rate was #290/1$ less than 10 years ago and #700 / 1$ less than 1 year ago... If not for political affiliation and unreasonable sentiments, #1500 to a dollar is not something we should be celebrating. |
Dougad: 2:43pm On Feb 19 |
I am not sure I understand what you are saying about what happened during March 2024. Should the increase in the value of the naira not have made investors more secure about their investment in the country? Why were they in such a hurry to cash out? It makes no sense to me.
|
Wallade(m): 3:36pm On Feb 19 |
ClearFlair: Abeg, help is ask the op ohhhhh |
Barcalee: 3:43pm On Feb 19 |
ClearFlair: Don't mind them let them be making noise mstchewww |
themanderon: 3:55pm On Feb 19 |
Call me when it gets back to 200 naira where the demonic APC party met it before it fell like a crashing plane.
|
Yankee101: 4:07pm On Feb 19 |
Even as bad as. Buhari was it was 700 black market What is cooking? You sank a boat and said it is still under water, what’s the achievement ? |
OlaB2019: 4:36pm On Feb 19 |
I really understand the impatience, but I think it’s laudable progress and credit should be given. The real question is “is there hope?” Obviously there is and in reality a long lasting solution will take a slower and more sustainable route, than quick upward swings that’s exciting, only to plummet to status quo; instability in crypto should have thought us all that lesson. Hopefully food and essentials stagnate in prices, as people create more avenues to earn more income to offset higher spending on everyday items.
|
OlaB2019: 4:45pm On Feb 19 |
This last detty december was a huge W for the real estate and tourism industries. Honestly, this country’s tourism potential is a diamond in the rough. Why don’t we just copy Dubai’s tourism blueprint…
|
drstranged: 6:42pm On Feb 19 |
Why is this nonsense front page! When I read the headline I thought it meant naira is now #460 to the dollar like where the govt met it. Anything short of this is not news worthy but absolute rubbish!
|
NothingDoMe: 7:37pm On Feb 19 |
iwaeda:The nation’s foreign reserves which stood at $40.883billion as at January 2, 2025 has decreased remarkably to $38.880billion as at February 17, 2025, according to CBN data. https://www.google.com/amp/s/businessday.ng/business-economy/article/nigeria-depletes-foreign-reserves-by-2bn-ytd-to-38-88bn/%3famp |
Mrexcell(m): 7:43pm On Feb 19 |
All these are just total rubbish if tinibu can't make the nara to trade for #200 the rate his apc party met it in 2015.
|
phemmyfour: 7:56pm On Feb 19 |
Abel7777:Nonsense..anything above N1k is not welcomed |
2000$ BITCOIN needed asap.. Bring any quantity...Instant Payment, no stories
(Go Up)
Sections: How To . 47 Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland. |