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Nairaland Forum / Nairaland / General / Business / Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN (47206 Views)
Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote / CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust / Analysts Predict Naira Devaluation To N400/$ (2) (3) (4)
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Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Eriokanmi: 7:20pm On Jun 02, 2023 |
emmyN:Yes, we had the demand that was more than supply at the CBN's unrealistic rates. Now, dollars will be available but at the newly devalued rates cos everyone who goes for bidding will get. Our foreign exchange earnings still remains crude. This has appreciated greatly in price for over a year now. Don't believe them when they say there's no Dollar. Its a big lie. Its the rates that aren't realistic. |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Youngkaro45: 10:54pm On Jun 02, 2023 |
Emetex22: You have not communicated bro. You need to know what's going on in your country not just to do copy and paste nonsense and think you have said something reasonable |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Youngkaro45: 10:54pm On Jun 02, 2023 |
betshopagent: Sorry, Methuselah |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Youngkaro45: 11:01pm On Jun 02, 2023 |
HRprof: You are right, Tinubu even before winning election knows that fuel subsidy lasts till June 30th and should have devised various measures which will make Nigerians not to feel the heat too much, since he categorically said he will win the election. But as it stands, everything looks bleak and we should just brace up for what is yet to come. Plus, we really do not love ourselves, he just mentioned subsidy removal, the next day everything skyrocketed. |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Israel07: 11:10pm On Jun 02, 2023 |
Youngkaro45: That's how economics works, that's how the wall street makes its move. Presidential speeches always get response from the market that's is why the statement shouldn't have been made n hey the government also skyrocketed their price. |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by emmyN(m): 11:52pm On Jun 02, 2023 |
Eriokanmi: We are not earning enough forex, reason they are taking out subsidy. Much of what we earn is paid back in foreign debts, so there is little to go round at the moment. Dangote's refinery may help the situation soon as the FG is planning to source forex from them when they are fully in operation. Nigeria is in a huge mess presently. The harm done by the Buhari-led administration in piling up debts with little infrastructure to account for it is astronomical. |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Emetex22(m): 12:59am On Jun 03, 2023 |
Youngkaro45:I am not your bro, even an idiot can sense what's going on, how do you remove subsidy when there are no structural establishment to channel the so called palliatives to the poor masses, again you don't have to comprehend, like I said earlier, your brain is full of shit, I said it and hope you are enjoying being BATIFIED |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Zanzibar1: 12:50pm On Jun 04, 2023 |
dayleke:boss since 2008. Naa you be man |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by dayleke: 3:40pm On Jun 04, 2023 |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Zanzibar1: 12:01pm On Jun 05, 2023 |
dayleke: Your boy is loyal... No problem egbon |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by dayleke: 6:20pm On Jun 05, 2023 |
Zanzibar1: Agbaya ni yin sir... Registration date....😁🙈 I'm "loyaler". 😅 |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Youngkaro45: 8:53pm On Jun 06, 2023 |
Emetex22: Accepted but you that have a mature brain, what have you made from life? Ask yourself sincerely, leave online, what have you made from life with your mature brain? |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Emetex22(m): 9:31pm On Jun 06, 2023 |
Youngkaro45:I don't have to brag for my achievements because God giveth mercy and favour, now go back to where you come from, keep going except you have a land for sale, move on |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by Gerrard59(m): 3:24am On Jul 26, 2023 |
Eriokanmi: I recalled when my mom asked me whether she should sell the dollars she had, I replied no. She asked why? I responded, "I have never lost betting against Nigeria. Hold your dollars, and hold it tight." 1 Like |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by dfrost: 7:57am On Jul 26, 2023 |
Eriokanmi: How far? What's the rate today? Just asking oooh. |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by dfrost: 7:57am On Jul 26, 2023 |
Gerrard59: So both of us are monitoring his comment 😋🤣 |
Re: Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN by lastkingsman: 9:51am On Jul 26, 2023 |
Gerrard59: https://nairametrics.com/2023/07/25/cbn-says-it-is-not-trying-to-unify-exchange-rates/ |
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