Very good.

We've a huge number of stupid idiots who only think that as long as their tribesman is the president, they're good not minding if the person is a dullard.

Exactly why I advise against domiciliary accounts. Dollar accounts can be seized or made difficult to cash out. Already saw some reports of dollar account showing balance but hard to use it or transfer it for commerce.

This APC government is the worst government Nigeria will have had in over 60 years. Buhari was clueless. This one is going to be worse.

Sadly either PDP or APC we don’t really have patriots. We don’t have people that love their fatherland. Nigeria is adrift. A ship without a rudder.

Abufo:




The Tinubu governement is fast running out of forex options............The 3 billion dollars they borrowed from Afrexim bank will not last past January! They have virtually no control over remitted forex.............I foresee the government seizing control of domiciliary accounts of depositors, that is the only source of forex still available to the ruling and thieving class........they are bound to do so to prevent a precipitous collapse of the naira! Lebanon and venezuela did the same thing too.........ee don red for the zoo!

Naira keeps doing jangolover

If a major economy like Nigeria does not still have steady electrical power in 2023!?

That tells the world and investors all they need to know. Even Nigerians don’t have faith in the country for business.

Nigeria was already headed over a cliff.

Then a senile incompetent man was allowed to be president.

Not sure how we turn the car around. Surely the group at the federal government are not the answer.

omowolewa:



Dangote is about to start cooking the first batch of crude but that's not what is giving the Naira High blood pressures

It's our tastes for foreign goods and services.



I understand you, Leaders came from Followers.

When leaders were to buy cars, they left Innoson and went for foreign brands.

When the former President was sick, he left best brains here and went to London

When they are to attend foreign events they went there in large numbers.

All these equally count on Naira.

Do you think the Japa movement is not affecting the Naira?
Do you think the paid software does not have effect on Naira.
Do you think unregulated price of National commodities sold Int'l is not affecting Naira

Just my 2D

And you forgot to add the billions politicians steal and move abroad in your two cents

kettykin:
This makes Bloomberg forecast more scary. I am yet to hear anything about dangote refinery and the much trumped up turn around of port Harcourt refinery.

I am now fully convinced God wants to disgrace a demagogue in power for his boats, blasphemous tendencies and his obstruction of the will of God over Nigeria.

Eastern Nigeria, time to create and economic region independent of the comedy happening in Niger same way white south Africa is running am independent African economy in South Africa

Obstructing the will of God? Such a blasphemous statement from a deeply disturbed mindset tueh! The fraud Obi is a reprobate and will only govern you in your Biafra

Ikaeniyan0:
It will strengthen against the dollar next week

What should we do to you if that doesn't happen next week??

If the Naira is crashing this period that the demand for dollars is low and supply high, you should know what will happen in January when the demand for dollars(for travels, school fees, business, etc) will be high.

False patriotism built on tribalism won't allow you guys use your brains properly

Cut down on the cost of governance.

Face agricultural businesses

Crude oil money can not save Nigeria.

But stupid virtual cards atr charging 1600 to a dollar

ogododo:
Naira depreciated to the worst low in recent times exchanging at N1,043.09 to the dollar at the official foreign exchange market on Thursday.

This is against N872.59 /$ recorded on Wednesday at the Nigerian Autonomous Foreign Exchange Market (NAFEM).


According to dealers, the rate was stronger than N885.88/$ quoted on Friday before the Christmas holidays.


Data from the FMDQ showed that dollar supply increased by 38.81 percent to $127.93 million on Wednesday from $92.16 million recorded on Friday.


Southwest Govs plan joint committee for Akeredolu’s burial
Ondo: Tinubu intervenes as jostling for Aiyedatiwa’s deputy hots up
The dollar was supplied by willing buyers and willing sellers who participated in the FX auction at NAFEM.

They quoted the dollar at N1,235.65 on the spot trading, stronger than $1,248 quoted on Friday. For the lower spot rate, the dollar traded for N740, weaker than N700 on Friday.

Data from the FMDQ showed that dollar supply increased by 38.81 percent to $127.93 million on Wednesday from $92.16 million recorded on Friday.
Naira has been rated among the world’s worst performing currencies in 2023.

This is coming on the heels of Bloomberg’s latest report that naira is poised for its worst year since the return to democracy in 1999, with analysts predicting further depreciation in 2024.


https://dailytrust.com/naira-crashes-to-all-time-low-hits-n1043-09-1-at-official-market/

This is what happens when they use propaganda to run government instead of working for an actual change in the economy, the naira will keep falling until government do the needful

tensazangetsu20:


Who told you that peter obi is the Will of God for Nigeria. If elections are held after two years tinubu will win without riggings.

Without rigging?

Hahahaha hahahaha hahahaha hahahaha hahahaha hahahaha hahahaha hahahaha hahahaha hahahaha.

Like saying the Devil will go to heaven without righteousness.

Bovis:


Obstructing the will of God? Such a blasphemous statement from a deeply disturbed mindset tueh! The fraud Obi is a reprobate and will only govern you in your Biafra

Hahahaha!

What are you afraid of?

Please help us, join the campaign for the restoration of Biafra if you are not afraid of the IGBOS leaving.

ArcSEMPECJ:


Some times I end up believing some comments here are coming from robots without human mind and conscience......

Seun.....pls try to put some barrier to crosscheck if we have robots registering here than humans

Normally, there's no difference between a practising muslim and a robot

They sheepishly follow & support anything and everyone linked to their religion no matter how bad the thing or person is.

Judolisco:


We pray for better days... Some people are happy with dis news.... How bad news go dey give people joy?

If you are into producing locally and exporting.... you will be praying for the Naira to depreciate.

tensazangetsu20:


Who told you that peter obi is the Will of God for Nigeria. If elections are held after two years tinubu will win without riggings.

...because tribalists like you, who ran away from Nigerian knowing it's not working, will still prefer their kinsman to be the president even if he's destroying the country.

Your happiness is that since you can always get a visa to travel out, it doesn't matter how bad Nigeria becomes.

What on earth would make anyone vote Tinubu for a 2nd time??

That's quite unfortunate, and it becomes clearer each day that Nigeria should never have existed.

They were busy fighting Emefiele while Naira is escaping from their hand to an all time low.

Cardoso, or what do they call him, what idea is he bringing to the table? since he came, naira has dropped from N700/$ to N1,200/$ all in 5 months.

Togolese and Beninoise are now leaving Nigeria back to their country because their currency is way better than ours

Tinubu, you see your life? You stole a drum set and yet you don't know how to beat it.

millionboi2:
After bull run,I go happy

Ma men!

Angrigowt:
But stupid virtual cards atr charging 1600 to a dollar

Kid bro no go shop?

Judolisco:
We pray for better days... Some people are happy with dis news.... How bad news go dey give people joy?

When Buhari was rigging his successor in, it was equally great news to some other group.

Harmlesspill:
Very good.

We've a huge number of stupid idiots who only think that as long as their tribesman is the president, they're good not minding if the person is a dullard.

the idiots want the country to burn down otherwise.

Mrchippychappy:
It's a tactical move for the Naira to trick the dollar into thinking we are crashing but watch how we would maneuver the market in the coming days. I have it on good authority from the Tinubu camp. A great tactical play is on the horizon.

f L

Eniolohunda:

You are the greatest fool here, Yorubas wether Muslims or Christians are not responsible for your misfortune.

Take it or leave it..

Yoruba Muslims have been a curse to this country since 2015..
Their support for Buhari can't be denied,
They supported Buhari for eight bloody years
Against all odds , even when it's glaring to the blind that he was misleading the country..

I dare you today.. to name one Yoruba Muslim online or offline who speaks good of buhari?..

Name one on This platform.. who still supports him.. None

let this tell you something.
let this open your blind eyes

Naira is at all time low today..
there's a reason why

Ikaeniyan0:
It will strengthen against the dollar next week

Economy team leader
Nice job
Well, I pray we all leav long enough to witness many next week...
Kudos to you jaree
Economy Gladiator ,pls how much will market people sell rice by next week too
We need to know that

RepoMan007:
the idiots want the country to burn down otherwise.

Na dem dey commit suicide pass

Now they are committing self immolation of our economy

jmoore:

You are a true patriot. 1 dollar will be sold at 200 naira next week.

It's not by talking positive. It's by "what do you bring to the table to strengthen naira?

genkins:
Official list of Nairaland APC propaganda machinery

Seunmsg
FreeStuffsNG
Abdul05
drlateef
AntiChristian
duro4chang
lhordspy
Moh247
Ayamed
WriterNG
Rashduct4luv
Lukuluku69
Biodun556
Expanse2020
BloomingDale
CoronaVirusPro
nlpolicewoman
mannabbqgreels
silvernorgold
Raskimonojendor
denreledave
ThatFairGuy1
N3TRAL
yarimo
Okoroawusa
LeoDeKing
Templarlandry
Helinues
God1000
Ola9ja23
Leodeking
Jones4190
Parachok
Ndimkprummiri
Staphylococcus
Throwback
Itooworwor
Madridguy
Akunjitit
RecentHistory
Slashthroat
Dipopoo
Antichristian
Ejimatic
Ipobantidote
Jones4190
Ahmed4u1
Jnana19

They are far far more. I mean the monikers. Sometimes only one person (APC propaganda machine) can have a 100 different monikers. He will be mentioning and replying himself in various threads like a psych0.

Guys can the BINANCE app redeem gift cards? And how? Please

Wen de say there is a casting down i say there is a lifting up

Dollarz had been made its time

Where is the change, awon werrey

Melagros:
Well, we're all in for it including the cassava farmers

and the agbado eaters

kettykin:


Do you need another prophet to tell you that all is not well with the dangote refinery or should we keep quiet and keep praying.

There are refineries running in imo, edo etc without this level of drama, let's keep praying everything works out in January 2024

Which refineries is working in Imo and Edo? Palm oil refinery?

All thanks to the drug baron and certificate forger.