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Naira Against The Dollars Devaluation... - Investment - Nairaland

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Naira Against The Dollars Devaluation... by Oyerinde16(m): 11:02pm On Sep 12, 2021
In 2009, he won #10,000,000 =$86,206 @#116 to a $.

In 2021, #10,000,000 =$18,518 @#540 to a $.

$86,206 - $18,518 = $67,688 loss.

The Naira has lost over 75% of it value against the dollar.

Economist, Accountant's, Financial analyst, The I know it all, please I beg you all, what is the SOLUTION. what is the way forward...

Oga Seun, Lalasticlala, Modes let's help the Naira Abeg...

Re: Naira Against The Dollars Devaluation... by Nobody: 11:33pm On Sep 12, 2021
grin are you asking them the solution because they are the president cbn governor or minster of trade and investment , i thought our daughter is WTO PRESIDENT
Re: Naira Against The Dollars Devaluation... by Oyerinde16(m): 2:36am On Sep 13, 2021
Anywhere Solution can come from at this moment we no mind, this suffering is getting outta hand
Re: Naira Against The Dollars Devaluation... by Elsueno: 7:34am On Sep 13, 2021
" I promise to make the naira in ur pockets more valuable than it was before" Major Gen Muhammadu Buhari 2014.


grin grin , How did he intend to achieved dat? , Our CBN governor will just wake up & issue a ban......our finance minister only knows how to solicit for loans & tell us we can still collect more loans. THAT'S ALWAYS D summary of what she says EVERYTIME she appears on TV!

Nigerians, we also have an overwhelming appetite for foreign & Chinese junk!...why don't the citizens cut down on foreign stuff... perhaps it's because even d president himself goes for check up in a foreign country, as well as almost all d politicians too
Re: Naira Against The Dollars Devaluation... by ElectronicMoney(m): 8:23am On Sep 13, 2021
The solution is for us to curb our excessive appetite for foreign goods...inotherwords we need to export more than we import so that we can conserve forex!

1 Like

Re: Naira Against The Dollars Devaluation... by Lexusgs430: 7:59am On Oct 08, 2021
Oyerinde16:
In 2009, he won #10,000,000 =$86,206 @#116 to a $.

In 2021, #10,000,000 =$18,518 @#540 to a $.

$86,206 - $18,518 = $67,688 loss.

The Naira has lost over 75% of it value against the dollar.

Economist, Accountant's, Financial analyst, The I know it all, please I beg you all, what is the SOLUTION. what is the way forward...

Oga Seun, Lalasticlala, Modes let's help the Naira Abeg...


Would you rather save a dead dog or a dying cat ........ wink cheesy
Re: Naira Against The Dollars Devaluation... by Lexusgs430: 8:03am On Oct 08, 2021
Elsueno:
" I promise to make the naira in ur pockets more valuable than it was before" Major Gen Muhammadu Buhari 2014.


grin grin , How did he intend to achieved dat? , Our CBN governor will just wake up & issue a ban......our finance minister only knows how to solicit for loans & tell us we can still collect more loans. THAT'S ALWAYS D summary of what she says EVERYTIME she appears on TV!

Nigerians, we also have an overwhelming appetite for foreign & Chinese junk!...why don't the citizens cut down on foreign stuff... perhaps it's because even d president himself goes for check up in a foreign country, as well as almost all d politicians too


Not cheap loans, but more expensive loans (with Chinese companies execution caveats or agreements written in Mandarin), with no translation prior to signing on the dotted lines .......... grin cheesy

And some people still believe in prayers........ wink

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Re: Naira Against The Dollars Devaluation... by Oyerinde16(m): 8:17am On Oct 08, 2021
Lexusgs430:



Would you rather save a dead dog or a dying cat ........ wink cheesy

A dead dog cannot be saved, however I hate cats so, I'd rather ignore it...
Re: Naira Against The Dollars Devaluation... by Lexusgs430: 8:23am On Oct 08, 2021
Oyerinde16:


A dead dog cannot be saved, however I hate cats so, I'd rather ignore it...


The Devil was in the detail........ Read between the lines ..........
Re: Naira Against The Dollars Devaluation... by otokx(m): 8:31am On Oct 08, 2021
ElectronicMoney:
The solution is for us to curb our excessive appetite for foreign goods...inotherwords we need to export more than we import so that we can conserve forex!

So simple
Re: Naira Against The Dollars Devaluation... by Pherule(m): 8:47am On Jan 24, 2022
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You can ask about other cards.

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- Payoneer/PayPal/Zelle/CashApp.

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