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Nairaland Forum / Nairaland / General / Business / Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market (14002 Views)
FX Crisis: Naira Depreciates By N130 Against Dollar In 24 Hours / Naira Depreciates By ₦81/$ At Foreign Exchange Market / Naira Continues Free Fall On Official Window, Trades N1482.57/$ (2) (3) (4)
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Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by zombieHUNTER: 8:22am On Dec 02, 2023 |
EtinosaDLaw: The evil that men do lives with them Omojuwa can't escape the wrath that awaits him.. he must reap what he has sowed 5 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Judolisco(m): 8:23am On Dec 02, 2023 |
Which day human being go even enjoy dis country 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by RosyIsBlessed: 8:24am On Dec 02, 2023 |
And it continues the downward trend. Someone play that song 'which way Nigeria' for me. 1 Like 1 Share |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by benardtotti(m): 8:25am On Dec 02, 2023 |
ezekins: Ok so what is the alternative for the fg if they don't float it? Pls note subsidising the naira is not an option as there is not enough money to do that , so what alternative will you proffer? 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by gbaskiboy: 8:26am On Dec 02, 2023 |
Tsolutionifede:is it empty barrel without intellectual that wants to become president by all means you expect to perform miracle? 4 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by bigiyaro(m): 8:27am On Dec 02, 2023 |
SouthEastFacts:And this same morafvckars were protesting against #250/1$ in 2015. 7 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Eriokanmi: 8:27am On Dec 02, 2023 |
Where are those shouting Tinubuuuuul? 2 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by HeroicMeastro: 8:28am On Dec 02, 2023 |
fnep2smooth:So what drastic decisions are the "good leaders" supposed to take? |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by ImDStar: 8:29am On Dec 02, 2023 |
This is poverty infused thinking. You can't be thinking right and still be supporting uselessness. Tsolutionifede: 10 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Eriokanmi: 8:29am On Dec 02, 2023 |
ezekins:We lagosians knew why we didn't vote tinubu despite being from the state. Na those wey dey outside fall for his lies and propaganda about the development of Lagos. Even the tax he introduced ended up favouring him as he employed his own company to collect it. He only declares whatever amount he feels like and nobody dares question him, except that person is tired of life. But we warned them. He didn't even score that amount of votes awarded to him but its OK. Elections are over already. 9 Likes 1 Share |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by michlins(m): 8:29am On Dec 02, 2023 |
Tsolutionifede:we will never know now right? 3 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by jonadaft: 8:31am On Dec 02, 2023 |
fnep2smooth:What most of you are not reasoning to think is that, that 40k last year even better pass this year 90k. Last year, indomie carton na around 3k, now, na 5k+ 4 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Elinosweet143(f): 8:31am On Dec 02, 2023 |
I read through the comments and I hear people talk about voting right, now the question is did people's vote count? This guys obviously snatched the power and manipulated the gullibles into tribal war to cover up their acts to the point that some people wish they didn't vote for who they voted for.... will our votes ever count in Nigeria? 2 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Zeebuy: 8:36am On Dec 02, 2023 |
Oh his mandate we shall kpai! |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by PrettyIfy7: 8:37am On Dec 02, 2023 |
Yet FG wants to use 15billion naira to build house for vp shetima. Nairaland doesn't want to publish the news. 4 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Zeebuy: 8:38am On Dec 02, 2023 |
GanagiBitrus: You think your government don't know this'll help the country grow? What exactly makes you guys think your government doesn't know what to do to make your country grow? They know, but they won't do it. They need you guys poor so they can control y'all 2 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by KwuoteYourFada: 8:39am On Dec 02, 2023 |
Yaliba The overated tribe Tinubu go cast Una Las Las 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by StraightGaay: 8:40am On Dec 02, 2023 |
fnep2smooth:Pls I be your brother |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Brushstrokes20: 8:40am On Dec 02, 2023 |
# eBOLA on rampage😉 The shyyythole from fry pan to FIRE 🔥 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by DKM123: 8:41am On Dec 02, 2023 |
Soon Agbadoist like that scammer Victor Omerigwe with numerous moniker like TrustNone will briefly remove thier heads from inside the anu..s of thiefffnubu to announce on this thread that it's for the good of Nigerians. Ask them how? They can't explain the voodoo economics to save thier lives. Yet gullible sufferhe@ds keep falling for it. Madt people everywhere 2 Likes 1 Share |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Zeebuy: 8:42am On Dec 02, 2023 |
Tsolutionifede:Dey there dey look Peter Obi, who is a dollar billionaire. Very soon, una go start to dey chop grass. You bloody fools don't every learn and so you deserve all the suffering your useless leaders unleash on y'all. 4 Likes 2 Shares |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by We4all: 8:45am On Dec 02, 2023 |
fnep2smooth: At the bolded, naira or dollars? |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Britishpea: 8:46am On Dec 02, 2023 |
ezekins:Floating of naira is a great skill to combat racketeering in the exchange market. But I would say that it’s putting the right peg in a wrong hole. As usual, like the Buharis govt that closed the borders against the rice without us having enough rice produce here in Nigeria, Tinubu is tolling the same route for now because Nigerians who control th scope of things are crazy and huge in numbers with so much economic and political powers. Nigeria is dollar driven economy before now and still right now, the exchangers are powerful and are in numbers. They can manicure the market(these people are not th abokis but the top bank officials that are friends to the govts and supply the politicos with stacks of dollars)The politicians believe in hoarding of dollars in hundreds of millions in their safes at home, in preparation for the future election and futuristic sake than Naira refineries are not working yet. Japa continues. I would say that the gamut of things is that all these things be addressed, (even though it’s so difficult in a country that has no working institution where there are less patriots)before the floating of naira started or continues,else it would be an aberration. However, the pegging of dollars requires a huge fund which, I initially thought that the goventmt didn’t want to follow th way of Buhari by borrowing. But, hearing about readiness to borrow a huge sum now puts our minds in a fix. In all honesty, th country has produced a lot of bad people over time, for a long period of time because of the neglect from the govt and lackadaisical attitude that heralded because they, too wanted to keep looting. And as of today, we have so much bad people in the waiting list to join thr clique. It’s what it’s Right now, as much as I like Tinubu, I would say that they are still test running things. They have a diagnose already but they are trying different treatments. Time will tell! |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Kukutenla: 8:54am On Dec 02, 2023 |
Tsolutionifede:But what is wrong with you idiots like this Are you saying the economy is bad because igbo don't like Tinubu? Is Obi the president? Make una dey use brain do this thing na 2 Likes 1 Share |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Kukutenla: 8:55am On Dec 02, 2023 |
nairalanda1:Of shut it zombie Always making excuses for govt ineptitude |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Faposky95: 8:55am On Dec 02, 2023 |
Zimzy: when a leak is located on a ship....wat those the crew do.....? In our case, the captain says keep going.....now the hole is bigger, he says take in more baggage and passengers. |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Kukutenla: 8:56am On Dec 02, 2023 |
Kobicove:We can also shoot politicians hoarding forex dead One of them was caught stuffing dollars in babanriga He's now a party chair |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by lastkingsman: 8:57am On Dec 02, 2023 |
BigDawsNet: Lmao Nigerians need to revolut and bring the country to a stand still. If you think your votes count after how APC rigged 2023 elections then I don't know what you are smoking A clear example is what Nyesom Wike did for APC in Rivers State. Your pvc is useless. When APC is done reclaiming Kano via the Judi-sharing (of dollars), BAT will do eight years successfully and hand over to Ganduje (Gandollars) maybe with Akpabio (pounds) / Wike (projects) as VP. The country is on an auto cruise to hell 3 Likes 1 Share |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Kukutenla: 8:57am On Dec 02, 2023 |
Whalis:True But same people still repatriate forex when they get there so it's a two way thing |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 8:59am On Dec 02, 2023 |
yeah,throw money at issues as una like,it will still not change anything.... produce more or pay international price like all others in the world.... dont try to stabilize the naira....it will cost too much at the end....let it fall.... |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Farki: 8:59am On Dec 02, 2023 |
Naira is 64 for Yoruba Ronu, 900 for the rest of us. Sai Tinubu! 1 Like 1 Share |
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