Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg - Politics - Nairaland
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Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound / Bloomberg: Nigeria's Dollar Bonds Jump After New President Scraps Fuel Caps / Governor Ayade's Aide Resigns, Says 'his Ideology Does Not Go In Tandem With APC (2) (3) (4)
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| Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by Lizzysamuel(f): 8:44pm On Apr 16 |
Nigeria is burning through foreign-exchange reserves at a rate not seen in four years, raising concerns that the central bank is depleting its dollar holdings to support the naira Nigeria is burning through foreign-exchange reserves at a rate not seen in four years, raising concerns that the central bank is depleting its dollar holdings to support the naira after pledging it would allow the currency to float more freely. https://www.bloomberg.com/news/articles/2024-04-16/ngn-usd-nigeria-s-fx-reserves-plunge-in-tandem-with-naira-rebound?utm_content=africa&cmpid%3D=socialflow-twitter-africa&utm_medium=social&utm_source=twitter&utm_campaign=socialflow-organic 2 Likes
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| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by Lizzysamuel(f): 8:45pm On Apr 16 |
Dear Patriots, there's need for more propaganda especially on bigotry. Lets find more videos of prominent Igbos, where they said something about other tribes. This is very urgent at this critical time they're attacking our mandate, for distraction purposes.😂 3 Likes |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by bennybuhari: 8:47pm On Apr 16 |
I won't take it lightly if truly Tinubu's government is using our foreign reserves to defend naira 6 Likes 1 Share |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by Hashabiah: 8:50pm On Apr 16 |
Let Nigeria burn...Nigerians want it that way 3 Likes |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by CodeTemplar: 8:51pm On Apr 16 |
Coincidence or case of cause and effect? 1 Like |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by AqualinaXYZ: 8:52pm On Apr 16 |
Hold your dollar I’ve been saying this They’ll soon run out of billions of dollar to defend naira I keep shouting this don’t sell your dollar as long as it’s Tinubu always expect the economy to go bad May this foreign reserve that’s about to be exhausted favor me and my bitcoin 4 Likes 1 Share |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by CodeTemplar: 8:54pm On Apr 16 |
bennybuhari:rrseacrch the use of foreign reserve. That's the purpose. The error here is when it is depleted too fast in a bid to keep up with demand overvalued local currency creates. 3 Likes |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by alsudan: 8:55pm On Apr 16 |
Nigerians chopping their Nyash under the thief na big understatement. 3 Likes |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by AqualinaXYZ: 8:56pm On Apr 16 |
bennybuhari: Dollar is crashing when Nigeria isn’t exporting anything and you no bother to know that these people are finishing foreign reserves Tinubu na mugu 7 Likes 1 Share |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by StarRida: 9:03pm On Apr 16 |
Oh God have mercy on us Nigerians how do we get here ... Modified Our destinies is in our hands it's either we keep quiet and keep dieing slowly or we speak up now whatever becomes our faith we take it 3 Likes |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by Faiththatworks(m): 9:05pm On Apr 16 |
Hi |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by Localemperor: 9:12pm On Apr 16 |
But this is just common sense na, they use the Binance clam down as a smoke screen. How would a sane person attributes the fall in naira to to the ban on Binance. The country does not export anything and the dollar is falling after the continuous damage by importers and you think no body is helping the naira? Are you mad??  3 Likes |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by SeeWahala: 9:16pm On Apr 16 |
Our precious foreign reserves  So all these 'dollar is crashing - dollar is falling' celebrations that agbad0rians have been shouting everywhere and trying to force nigerians to foolishly join them in jumping IS JUST A SIMPLE SCAM?  4 Likes 1 Share |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by Hoelujohn: 9:18pm On Apr 16 |
AqualinaXYZ:I see it going to 10k before December.That is your wish abi? You no get sense. Won't they make money from sales of crude oil at all? 1 Like |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by drlateef: 9:18pm On Apr 16 |
AqualinaXYZ: May you never benefit from the prosperity of Nigeria. Ameen 12 Likes |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by godofuck231: 9:19pm On Apr 16 |
Its a guillotine trap set for the naira in case it tries to shoot up its pretty face and head , solution would be 2 dollar from every barrel of crude sold goes to the foreign reserve, some countries will soon attack Nigeria because of its economic threats 2 Likes |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by BeardedMeat(m): 9:22pm On Apr 16 |
They will come and abuse Bloomberg whom they were coochie-licking few days back. 😅 3 Likes 2 Shares |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by Lizzysamuel(f): 9:25pm On Apr 16 |
drlateef: Shut up. A person like you that supported and cheered a Failure like Buhari doesn't deserve a say in the affairs of this country. So shut up 2 Likes |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by BeardedMeat(m): 9:25pm On Apr 16 |
drlateef:Because Nigeria is your father's property? Tinubu has reinvented his fake and chequered lifestyle into aso rock and you want everyone to lap it up like his zombeic followers? 1 Like |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by chinchum(m): 9:29pm On Apr 16 |
The backlog of fx payment made nkor? At least 3 billion USD forex backlog is now cleared. I will like to know the update on barges of crude oil that were suffering demand, that may be having an effect |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by c900: 9:42pm On Apr 16 |
even 20percent isn't bad. Nigeria should back naira with gold to raise its value...government should secure all gold sites with immediate effect and start stockpiling gold. 1 Like |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by rinzaugustine: 9:46pm On Apr 16 |
Lol…abi we no talk am ? .. people who are hoping on hopelessness for an electoral robber to succeed accused discerning minds who voiced a valid concern of hating Nigeria . Today Aisha Yesufu talk am again today…when they exhaust their hoard into the hands of hoarders mopping it up now.. dollar will become like cocaine and the scarcity will likely push it to 3k naira |
| Re: Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound -Bloomberg by Mynd44: 6:14am On Apr 17 |
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