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Nairaland Forum / Nairaland / General / Business / Naira Continues Recovery, Strengthens To ₦950 (34295 Views)
Naira Continues Appreciating Against Dollar, Sell At ₦1,100 / Naira Continues Appreciation Against USD At Forex Market / Naira Continues Free Fall On Official Window, Trades N1482.57/$ (2) (3) (4)
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Naira Continues Recovery, Strengthens To ₦950 by SoNature(m): 8:38pm On Nov 03, 2023 |
The naira continued its rebound against the dollar on Friday, strengthening to N950/$ on the average in the parallel market. Source: https://punchng.com/naira-continues-recovery-strengthens-to-n950/ 51 Likes 11 Shares
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Re: Naira Continues Recovery, Strengthens To ₦950 by Thundafireseun: 8:39pm On Nov 03, 2023 |
Very rubbish news The prices of things that have already gone up will never change You borrow money to strengthen the Naira let’s see how long this will last Our politicians are the most wicked corrupt people in the world….The introduction of BVN made the pressure on the dollar rise because politicians were no longer comfortable storing money in the banks or at home so they opted for dollars ….And the demand for dollars by this same politicians is making the dollar rise against the naira Yet they sell their fake news to their gullible followers that we need to stop buying and importing foreign goods.. How many of these same politicians patronize locally made goods to strengthen the Economy 90 Likes 8 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by Theweekend: 8:40pm On Nov 03, 2023 |
Re: Naira Continues Recovery, Strengthens To ₦950 by SoNature(m): 8:41pm On Nov 03, 2023 |
This is great news! However, we cannot continue to borrow money to strengthen the naira. Look for means of selling our cash crops and selling our oil/gas and other natural resources to rev up Nigeria's USD (since dem use foreign goods swear for us). 140 Likes 9 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by Zxcvbnmghtr: 8:44pm On Nov 03, 2023 |
5 Likes 1 Share |
Re: Naira Continues Recovery, Strengthens To ₦950 by successmatters(m): 8:44pm On Nov 03, 2023 |
My food vendor increased the price today. 16 Likes 1 Share |
Re: Naira Continues Recovery, Strengthens To ₦950 by Nobody: 8:45pm On Nov 03, 2023 |
It should keep moving 3 Likes |
Re: Naira Continues Recovery, Strengthens To ₦950 by flokii: 8:59pm On Nov 03, 2023 |
It should go down to 700 or less by December.. that's our prayer. 127 Likes 14 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by ElSudani: 9:00pm On Nov 03, 2023 |
Where are the dollar rate monitoring Obidients? I am not surprised they are not here to celebrate this little gain after all the tears they have been shedding about this issue. 98 Likes 16 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by LeoDeKing: 9:00pm On Nov 03, 2023 |
ElSudani:On their way to go insult the living daylight out of Tinubu. 64 Likes 9 Shares
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Re: Naira Continues Recovery, Strengthens To ₦950 by Dubetex96(m): 9:08pm On Nov 03, 2023 |
LeoDeKing: Nobody is crying let your EMILOKON hit the ground running . let him continue with his try and error economics first class graduate under my foot 110 Likes 11 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by Emperor5(m): 9:08pm On Nov 03, 2023 |
ElSudani:Is it only obidient that are suffering the impact of the bad economic policy. 114 Likes 9 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by ElSudani: 9:11pm On Nov 03, 2023 |
Emperor5: They cry the loudest which is not entirely bad but they are strangely never happy about any good news regarding Nigeria. They used to open like 50 threads a day to wail about the dropping rate of the naira. Where are they to spread this good news? 95 Likes 16 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by commoditiesnig: 9:12pm On Nov 03, 2023 |
Very good news 18 Likes 3 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by SoNature(m): 9:19pm On Nov 03, 2023 |
Emperor5: You don't owe those agbadorians any explanations. The approach Tinubu is taking to stabilise the naira is not sustainable. You cannot continue to borrow to strengthen your currency. You must find legitimate means of making Nigeria's economy attract foreign currency or reduce our overdependence on it. 48 Likes 7 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by JagabanB: 9:20pm On Nov 03, 2023 |
successmatters:It's normal for Nîgèrîans to exploit themselves always. 14 Likes 2 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by JagabanB: 9:21pm On Nov 03, 2023 |
SoNature:So what were previous Governments doing to stabilize the naira? Producing to stabilize it? 47 Likes 5 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by Kukutente23: 9:21pm On Nov 03, 2023 |
Na to rush go buy before it goes back up Everybody must chop from the cake 3 Likes 3 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by commoditiesnig: 9:23pm On Nov 03, 2023 |
SoNature:I think these are short-term urgent measures the FG is doing which is commendable. As time goes on those more "legitimate means" you speak of will start kicking in.. especially the refineries production/export and more importantly Solid minerals export! 24 Likes 2 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by SoNature(m): 9:30pm On Nov 03, 2023 |
commoditiesnig: Stop thinking; you don't speak for the government. We heard a lot of this nonsense when Buhari was in charge and he still made this country a mess while his bunch of e-warriors egged him on. 23 Likes 3 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by Dubetex96(m): 9:32pm On Nov 03, 2023 |
JagabanB: Go and verify his records while he held sway as the Governor. EMILOKON the acclaimed first class graduate is still beating around the bush with common elementary economics 18 Likes 2 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by Error401: 9:35pm On Nov 03, 2023 |
lol, 1300 is not entirely bad? Lmao ElSudani: 4 Likes |
Re: Naira Continues Recovery, Strengthens To ₦950 by JagabanB: 9:38pm On Nov 03, 2023 |
Dubetex96:I verified his records and he didn't provide basic amenities for his people, students protested expensive tuition fees, doctors were on strike for long. He annexed the 3rd arm of government and his state funds in banks to yield profits for him. I see all these in his records and the most important thing in his records is that Anambra people were counting days for him to leave office. 62 Likes 10 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by Dubetex96(m): 9:45pm On Nov 03, 2023 |
JagabanB: Save your self from this long unverified epistle. Tell your Emilokan to hit the ground running Nigerians are suffering Na statistics we go chop 22 Likes 6 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by JagabanB: 10:03pm On Nov 03, 2023 |
Dubetex96:Reality hits hard. That's why Obidents love avoiding it. 47 Likes 5 Shares |
Re: Naira Continues Recovery, Strengthens To ₦950 by Dubetex96(m): 10:27pm On Nov 03, 2023 |
JagabanB: What other reality pass wetin Agbado miscreants are passing through rn. Una no dey Ronu again Renewed shege no be any body mate election get consequences Deal with it or u Bleep out 24 Likes 4 Shares |
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