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Nairaland Forum / Nairaland / General / Business / Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars (36135 Views)
Dollar Now Sells @ N907 In Polaris Bank As Hoarders Count Their Losses / Naira Gain Against U.S Dollar Boosts Dangote’s Wealth To $15.3 Billion / CBN Reiterates Stance On FX Access, ‘status Quo Remains On 43 Non-eligible items (2) (3) (4)
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Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by khattab02: 12:43pm On Mar 24 |
lexy2014:Trial and error economic approach. Na the renewed hope he promised us be this |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Bluntemperor: 12:45pm On Mar 24 |
Newswriter: Most of the so called BDC are conduct -pipes for the CBN Former Governor - Emiefiele and his Fraudulent Management group and Politicians,for they don't do anything than Speculation and how to destroy Nigeria through Manipulation of her Currency( the Naira). •Dollars to Naira should not be above N600- for this Great Country have what it takes to be great in terms of Huge Natural Resources, despite the Corruption during the Army rules of Abacha and co,till the Politicians,God has blessed us! The remaining BDC Operators, should be removed ,with a very few exceptions leftover! •It is only in Nigeria,where people are not doing anything Productive,yet are trying to undermine the government by mopping up Dollars, including the Cryptocurrencies! Is not done anywhere in the World! Shame to the Criminals in our Midst! |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by khattab02: 12:45pm On Mar 24 |
So like play like play FG go keep dollar for 1400/1300 for the coming months and later he go start to rise anyhow and we go hope for to drop to 1400. Emilokan regime was never ready for the job of renewed hope |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by AL1ENWARE(m): 12:45pm On Mar 24 |
ivolt:Oga wetin me I no understand is why the naira keep gaining get prices of things I creases per week. Abeg explain. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by JuanDeDios: 12:46pm On Mar 24 |
Believeintruth:Oh, I answered the first one. I'm not saying that they're sensible questions or have the correct premises. I mean, China is, at least in theory, a communist country. So how is the fact it controls its currency news? And who says the CBN is not "defending the naira"? |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by CountinBlessins(m): 12:46pm On Mar 24 |
Richtaiwo: Very correct though I predicted between 300 - 400 per $1, will the the rate it falls to eventually in the coming months |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Lifemanage: 12:48pm On Mar 24 |
kereman1:In Nigeria, when a coordinated crying out is done, a crackdown is done on protesters ...without reprieve |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by AL1ENWARE(m): 12:49pm On Mar 24 |
naijapeepz:My own question be say how come the dollar dey dip against naira as dem dey shout but still on still prices of things dey go up, make person come explain to me. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by NEIGHBOUR(m): 12:50pm On Mar 24 |
Even if it falls to N500 , victim fc will still wail. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by israelmao(m): 12:50pm On Mar 24 |
APC is engaging propaganda as one of the weapons to set fear in the minds dollar of hoarders to bring out the hoarded dollars in order for the Naira to appreciate further. 2 Likes |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Alexis11: 12:50pm On Mar 24 |
Richtaiwo: God bless you. 1 Like 1 Share |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Believeintruth: 12:51pm On Mar 24 |
JuanDeDios: You have admitted, but the APC propaganda guys are saying otherwise that it was because the expelled Binance, whereas we know that they are defending the naira by pumping USD. 2 Likes 1 Share |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Putindbutt: 12:51pm On Mar 24 |
Believeintruth:He decided to remedy it by buying 100million naira election form. He decided to remedy it by making your parents queue for cash scarcity and some died on queues. Was he sleeping while printing 30trillion means and ways?, a so called CBN governor. You must be high on mkpurummiri. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Alexis11: 12:53pm On Mar 24 |
JASONjnr: He doesn't need any praise. By the grace of God, the true lovers of Nigeria will only support him to take Nigeria back to the path of success and also vote him for second term in 2027. You can cry for 1000 years if you want. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Believeintruth: 12:53pm On Mar 24 |
Putindbutt: What ever he did with election form is his business, I am talking about his action to remedy the ways and means issue. You are not smart sha, in your bid regain control of the narration you are displaying the fact that you are not a sensible person. 1 Like |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by MichaelSokoto(m): 12:54pm On Mar 24 |
so selling off ur money is now patriotism? d 3dollz wey dey my gt akant, if dey touch am eh, ogun go kill dat bagga! |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Putindbutt: 12:55pm On Mar 24 |
Believeintruth:What was he remedying when your parents were dying on queues?. You must be high on mkpurummiri. If you had brain, you know that what he did was political. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Klington: 12:55pm On Mar 24 |
Richtaiwo: How you real enemies of Nigeria think you're being patriotic by supporting mediocrity at all times need to be checked. 4 Likes |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by JuanDeDios: 12:58pm On Mar 24 |
Believeintruth:It's a lot of things. I think they've soft-pedalled on the misguided approach of taking loans to defend the naira that there was so much talk about one month or so ago. I have no doubt the fact they've paid off most of their foreign liabilities and the foreign reserves are rising are playing a part in these gains - I predicted this. The unification of the naira will also produce gains. But none of this is close to be being enough - as long as we don't fix security, electricity, and roads, currency stability and double-digit growth will remain an illusion. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Believeintruth: 12:59pm On Mar 24 |
Putindbutt: The way you call mkpurummiri I think you just came out of rehab for treatment of crystal meth addiction. Oga try get sense naaaa. Who instigated all the queues and the collapse of the planned redesign of the naira? It is the same politicians, last year December there was serious shortage of Naira, but they ensured that it was kept quiet. 1 Like |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Believeintruth: 1:01pm On Mar 24 |
JuanDeDios: See bro mark my words you will soon hear that government has not cleared foreign liabilities. This government thrives so much in propaganda. Last week airline operators disproved the lie that government has cleared all their backlogs. This government is trying to use propaganda and blackmail to put Nigerians in line. 5 Likes 1 Share |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by pacificom: 1:01pm On Mar 24 |
What we need in Nigeria is l tough laws, which works better that appeals . Our political leaders too are not living by example. A tough law will enable law enforcement officers to have warrants, and conduct raids on individuals and institutions guilty of money laundering and bring them to justice. 1 Like |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Klington: 1:04pm On Mar 24 |
naijapeepz: That will tell you that we have more stvpid people without brains in Nigeria than we have reasonable people. It's a sad reality. 8 Likes |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Putindbutt: 1:05pm On Mar 24 |
Believeintruth:Keep quiet, why was the new naira notes so scarce that the dirty torn old naira notes were still the ones in circulation despite using billions to print new naira notes?. You're not only high on mkupurummiri, just also suffer short memory. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by femi4: 1:07pm On Mar 24 |
JuanDeDios:Time shall tell |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Believeintruth: 1:07pm On Mar 24 |
Putindbutt: Eyah go and finish your rehabilitation from crystal meth addiction. Until then you are yapping Nonsense. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by kingxsamz(m): 1:11pm On Mar 24 |
APC supporters are sIaves. 😂😂 For many of them, they don't care whatever happens to the country or its citizens. They don't care about the present reality or the numerous problems we're currently facing in the hands of this failed administration. But as long as dollar gets to #1300 and remains that way, they'd celebrate it till Tinibooo's tenure is over. Useless sIaves holding on to little, insignificant things just so they can convince themselves and their fellow sIaves that their fuuIish, vegetable president is working. 😂 Didn't the duII so called president meet dollar at #400 at official rates? Now they're celebrating #1400 per dollar for something that's being subsidized. Mu-mu people with mu-mu president. 5 Likes 1 Share |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by UnstableFC: 1:11pm On Mar 24 |
helinues: You are still jobless? This is insane! 3 Likes |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by helinues: 1:13pm On Mar 24 |
UnstableFC: Says unstablefc |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by kingxsamz(m): 1:15pm On Mar 24 |
Believeintruth: They know they might not have it too easy in the next elections due to their failures, that's why they're trying to reduce that effect by relying on propaganda. 1 Like |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by 234GT(m): 1:18pm On Mar 24 |
naijapeepz: No vex baba....majority of Nigerians are foolish....only smart ones can reason like you, but unfortunately, the smart ones are in the minority 5 Likes 1 Share |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Ijaya123: 1:18pm On Mar 24 |
JASONjnr: What are you exporting that will make your naira to gain strength against the dollar? |
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