₦airaland Forum

FromZeroToHero:
Your uncle that is ruling Nigeria I hope you are a minister in his cabinet.

nairalanda1:
And you did not answer mine either.

nairalanda1:
Are the above currencies accepted for international payments?

Obviously not.

nairalanda1:
IMma going to tell all of you a harsh truth...almost all African currencies are a mess. Even the SA rand.

The problem is, most African countries are not massive industrial producers. Either they are funding themselves on debt or they sell resources whose prices they do not control. EIther way, it means that there isn't enough forex flowing in to keep the economy strong.

We can cry about it, and say we want to remove ourselves from dollars. But everyone, including many Africans, wants dollars for international trade.

blamingthedevil:
The dollar is crashing on Binance. From N1,900 to 1490.

Sell now or sell at N100/$. This is a financial advice.

https://twitter.com/KawuGarba/status/1761692029984104846

nairalanda1:
Crash is temporary. The naira will fall again

At the end, NIgeria is not earning enough dollars. Simple and short.

NO dollars, no means of buffering the naira. We are just circulating the few dollars we have, hoping it brings miracles.

But right now, with debt service eating most of our revenue, and a depleted forex reserve, I don't expect the naira to remain forever strong...it would weaken till we have started earning more dollars.

Biodun556:
With bureau de change reforms Tinubu is challenging the north and stepping on their toes. I will not be surprised if they are calling for coup

BabbanBura:
Please quote me for a 100k if this so-called reform continue to improve the naira by the end of Match.

These measures are only temporary, not sustainable. Naira will improve temporarily and then continue to slide

BreconHills:
It will.

Anyone that sells tomato at a premium when the market is selling at a lower price will eat their own tomato.

There is a lady clearing consignment after consignment on Twitter by selling rice at a cheaper price.

stanliwise:
olodo no dey post fake links. That news don old

Massiveglory:
Paraman come here right now and cova your head in shame

Ebubu2:
can’t you see photocopy of the embassy’s rejection reply ? Duly stamped and signed ??

Massiveglory:
Dey play. When your propaganda disgrace you, you will relax and listen

Massiveglory:
Dem no de tell blind man say rain de fall.
Qatar say no.
Respect yourself and propaganda machine to avoid international embrassment.

Chiefpriestt:
No body wants to align with an election rigger and a cocaine sniffer. Leak your wound bro

FourQu:
No he's your own president

My own president is Peter obi

FourQu:
Why do you say you'd still lose the war?

Don't yiu have belief in the capacity of yiur emilocorn again?

FourQu:
Tell that to your yoruba brethren like Tap0lane who were waiting for tinubu to go to war with himself

FourQu:
IBB once said that if he wakes up to see that you or your people are beating the drums of War that he will increase the fan speed and play enya on his radio and go back to sleep

Nobody apart from you yorubas had the thought that tinubu could go to war with any entity.

Perish the thought okay

heniford2:
All in another propaganda