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Nairaland Forum / Nairaland / General / Business / Naira Keeps Depreciating Against USD (43063 Views)
Naira Continues Appreciation Against USD At Forex Market / The Fast Depreciating Power Of Our Naira, Which Way Nigeria? - Prof Ezeilo / See Why The Nigeria Naira Is Rapidly Depreciating Against The Dollar (2) (3) (4)
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Re: Naira Keeps Depreciating Against USD by sotall(m): 2:41pm On Sep 20, 2023 |
ElSudani: Hence i am currently in a better place earning in hard currency 3 Likes |
Re: Naira Keeps Depreciating Against USD by ElSudani: 2:43pm On Sep 20, 2023 |
ArcSEMPECJ: Obi and his container merchants have no idea of their own contributions to the decline of the naira. They always create a mess and expect others to clean it up. 2 Likes |
Re: Naira Keeps Depreciating Against USD by VeeVeeMyLuv(m): 2:43pm On Sep 20, 2023 |
Foodempire:You sef He is earning dollars whose value is fairly stable. While naira value keep dropping like heavy rain So nothing concern am with increment of corolla price, na person wey dey earn naira, that your message is meant for. 6 Likes 1 Share |
Re: Naira Keeps Depreciating Against USD by ElSudani: 2:45pm On Sep 20, 2023 |
sotall: Good for you, there are millions of Nigerians doing exactly the same thing but apparently if your dollar earnings doesn't benefit Nigeria then you need to count yourself out. 1 Like |
Re: Naira Keeps Depreciating Against USD by fijihems: 2:46pm On Sep 20, 2023 |
Naira is depreciating against every currency in the market and the government appears to have a clue about the solution. Perhaps the government does not see it as a problem. May God save us in this country called Nigeria. Every successive regime only brings about harder punishment and for the people. 2 Likes 1 Share |
Re: Naira Keeps Depreciating Against USD by MT: 2:47pm On Sep 20, 2023 |
If only we are a producing country, exporters will be laughing to the bank. Do you think the United States is happy right now that dollar is becoming stronger against other currencies? Can't you see the curse to UK a a result of pounds sterling being too strong a currency? Do you understand the wisdom in Chinese govt artificially depreciating Yuan? Only the educated with sound analytical minds, and intellectual of note can relate to what I just typed. 2 Likes |
Re: Naira Keeps Depreciating Against USD by emmanuelbrown26: 2:48pm On Sep 20, 2023 |
festacman:One thing about leadership is that, u don't give what u don't hv. U see, right from time, Tinubu never had any programme or blueprint. All he wanted was power and more power. When Tinubu was busy dodging debate and telling us whether na "statistics we go chop" una begin dey clap and Hail him. U can't tell me that u need a job without going for an interview, even ordinary security job requires interview, some big security outfits even allows u to write test. Then, Tinubu's ego won't allow him to seek for good brain from d opposition. I remember when late yaradua made his first speech, he told d whole world that d election that brought him in was fraudulent and he want all to work together, which really torched d dullard from d aura as d opposition then. 9 Likes 4 Shares |
Re: Naira Keeps Depreciating Against USD by Landowner101(m): 2:51pm On Sep 20, 2023 |
SpecialAdviser: Maybe when they denominate naira 1 Like |
Re: Naira Keeps Depreciating Against USD by obaidan: 2:52pm On Sep 20, 2023 |
Austindark: You can also start that one.....everyone won't be on the road for the same thing.....i am sure less than 10% of naija young people were on the road for mohbad....the remaining 90% should stand up for something too....something like depreciation of dollar......let's stop cancelling people because they are passionate about something different from what we are passionate about, these ones that took to the street now for mohbad, if their agitations worked and killers were brought to justice, the society will become a little bit cleaner for you and i that did not take to the street, our employers may even see that it is risky for them to bully us at work, you and i can also take to the street to express dissatisfaction with something else like this exchange rate. 2 Likes 2 Shares |
Re: Naira Keeps Depreciating Against USD by sulaak(m): 2:55pm On Sep 20, 2023 |
Austindark: The current Nigerian youth are beyond useless, wasting time on BBNaija, Cooking records, the NairaMaley-Mohad incident, Tinubu certificate issue. Nigerian youths are only interested in unimportant matters, irrelevant to their well-being. Nigeria's currency is weak because the country is unproductive. Since APC (Buhari-Tinubu) became the president, Oil export has fallen below 2 million barrels daily production , due to under-investment and stealing. Agriculture production has also fallen due to Fulani militant insurgencies that have disrupted the agriculture supply chain, hence the need for dollars for import goods. Why did Buhari fail to complete the repair of a single refinery despite eight years in government and who is behind the stealing of crude oil ? This should be the fundament issues that Nigerians should be interested in 2 Likes 1 Share |
Re: Naira Keeps Depreciating Against USD by sencekompis: 3:00pm On Sep 20, 2023 |
God will punish ABOKI FX bad people running Nigeria down daily |
Re: Naira Keeps Depreciating Against USD by Moony45: 3:01pm On Sep 20, 2023 |
Austindark:Is dollar your legal tender? |
Re: Naira Keeps Depreciating Against USD by BabaIbo: 3:01pm On Sep 20, 2023 |
pocohantas: For the first time we go agree on something... Make me sef dust my PC, begin work remotely o. |
Re: Naira Keeps Depreciating Against USD by ArcSEMPECJ(m): 3:01pm On Sep 20, 2023 |
ElSudani: Leave Obi alone....it is the duty of the Government to give us a stable economy and not the duty of individuals in a private sector.... If fighting and sharing money during campaign is worth the need to be in that position, then let whoever is there prove otherwise than heaping blames... 3 Likes 1 Share |
Re: Naira Keeps Depreciating Against USD by Osoboshi: 3:01pm On Sep 20, 2023 |
MS247:how does forex trading work |
Re: Naira Keeps Depreciating Against USD by Swissli(f): 3:02pm On Sep 20, 2023 |
Till Date I Still Don't Understand How This Affects Us 1 Like |
Re: Naira Keeps Depreciating Against USD by wittywriter: 3:03pm On Sep 20, 2023 |
Rosambort:Saw your email request can you kindly tell me why you reachedout?. Wittyness |
Re: Naira Keeps Depreciating Against USD by MS247: 3:04pm On Sep 20, 2023 |
Osoboshi: You speculate on a currency pair and make profit on open and closing prices of it's exchange value |
Re: Naira Keeps Depreciating Against USD by LZAA: 3:05pm On Sep 20, 2023 |
๐๐๐๐ |
Re: Naira Keeps Depreciating Against USD by SalamRushdie: 3:07pm On Sep 20, 2023 |
Nigeria is a lost cause ..let's admit it 2 Likes 1 Share |
Re: Naira Keeps Depreciating Against USD by LZAA: 3:08pm On Sep 20, 2023 |
ElSudani:He and his "container merchants " are the reason you have a phone to post this cra*p here Not to mention the shoes and clothes you own Your blind and quite frankly stupid tribalism will not let you reason properly but hey no problem ๐๐ 5 Likes 2 Shares |
Re: Naira Keeps Depreciating Against USD by BabaIbo: 3:08pm On Sep 20, 2023 |
imoh4king: I have a PC I abandoned at home all these while, no matter how busy I am, I must start remote job, anyone at all as long as I get paid in dollars. Bia, where is that my hanky, dust this PC for me osiso. 3 Likes |
Re: Naira Keeps Depreciating Against USD by ElSudani: 3:08pm On Sep 20, 2023 |
ArcSEMPECJ: It is the duty of every Nigerian to sustain a stable economy. Government can certainly provide the framework. Imagine what the uproar would be today if government should ban the importation of ketchup,liquor and other jagbajantis Obi import to stock his next to nothing retail operation. There are thousands like this who doesn't contribute anything significant to the economy but they cry the loudest. |
Re: Naira Keeps Depreciating Against USD by nkwoemeka(m): 3:09pm On Sep 20, 2023 |
How our naira has fallen, what a shame, this is what happens when we allow ourselves to practice ethnic and religious politics, thereby voting incompetent rulers to be at the helm of this country, 2 Likes 1 Share |
Re: Naira Keeps Depreciating Against USD by AkuOlisa: 3:09pm On Sep 20, 2023 |
[color=#006600][/color] Austindark: Protest what ? So that tomorrow when hoodlums invade the Protest it will now be turn into tribal war and as usual we know the tribe that will be used as scapegoat. 1 Like |
Re: Naira Keeps Depreciating Against USD by ElSudani: 3:11pm On Sep 20, 2023 |
LZAA: Absolute nonsense. If I have the opportunity all of these rubbish importers will cease to get a single dollar from the country. |
Re: Naira Keeps Depreciating Against USD by AkuOlisa: 3:12pm On Sep 20, 2023 |
[color=#006600][/color] DrChukki: They are indeed teaching some people political lessons..... 1 Like |
Re: Naira Keeps Depreciating Against USD by BabaIbo: 3:13pm On Sep 20, 2023 |
visaclick: Bro, please tag me along when you find one idea on how to go about that. 2 Likes |
Re: Naira Keeps Depreciating Against USD by Kukutente23: 3:15pm On Sep 20, 2023 |
Fcwilly:Well, someone did They called out floating the naira to unify the exchange rates Instead of the naira to swim, it just drowned 2 Likes |
Re: Naira Keeps Depreciating Against USD by hammerFC: 3:17pm On Sep 20, 2023 |
Elgorny: REMOVE TINUBU 1 Like |
Re: Naira Keeps Depreciating Against USD by socialmediaman: 3:25pm On Sep 20, 2023 |
MS247: Even in countries like China and India, the greater percentages (more than 70%) of the population are into low skilled jobs. They are not skilled enough to pursue careers in the areas you mentioned. They work in factories, farms, production lines etc that donโt need higher level skills and education. |
Re: Naira Keeps Depreciating Against USD by 1Dray(m): 3:25pm On Sep 20, 2023 |
Mayeldah: Which kind visuals? I go like add am |
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