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Nairaland Forum / Nairaland / General / Business / Friends Abroad, Are You Happy With Naira Appreciation? (1117 Views)
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Friends Abroad, Are You Happy With Naira Appreciation? by ryloy: 1:21am On Apr 11 |
My friends abroad, please lets be truthful o. Copied 1 Like |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by Goodvibes007: 1:26am On Apr 11 |
As a progressive, I am, but I can't speak for others. 1 Like |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by Upright750: 1:55am On Apr 11 |
Yes of course .. Its good development for economy . business men and women. Factories . .. I like it .. Personally .. |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by osigiepurr(m): 1:57am On Apr 11 |
Yes ooo, everywhere is good. We are aiming at 250 naira by December 2024. 2 Likes |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by jose556(m): 2:21am On Apr 11 |
If they are Happy or not... It's a very good thing
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Re: Friends Abroad, Are You Happy With Naira Appreciation? by NFBI: 2:35am On Apr 11 |
I'm not suffering will reduce 1 Like |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by groovvyy: 2:43am On Apr 11 |
Why should Nigerians abroad be concerned about that? At 1000 per dollar, you send $100 to Nigeria to do certain things. That's 100,000 naira. Then the exchange rate goes to 1500 per dollar. You want to do those same things, and they tell you that you can't do it for 100,000 naira again because things are now more expensive due to the exchange rate. To do those things now, you need 150,000 naira. That means you then need to convert $100 to naira to afford that thing. Now, the exchange rate goes back to 1000 per dollar. To do that particular thing again, the price will come back to 100,000 naira. Then you need to convert $100 to get 100,000 naira to get it done. In all cases, you have spent $100. Your purchasing power has neither increased nor decreased, but just the figures changing. And if the prices of things haven't come down yet, just wait. Prices are gradually coming down and will be back to where it was when the dollar was selling for 1000. 3 Likes |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by Jogs1900: 2:44am On Apr 11 |
The truth is the naira appreciation is good for our country... Anybody that earns in foreign currency and spends in naira will not be happy with the naira appreciation whereas those that earns in naira and spends foreign currencies are expected to be happy. 2 Likes |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by LandMann: 4:21am On Apr 11 |
Another government propaganda thread for government propaganda agents to mastubate on 1 Like |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by socialmediaman: 4:28am On Apr 11 |
Subtle reminder that Tinubu met dollar at N490 = $1 If you're a foreign investor who believed Tinubu and invested in Nigeria, your bank has probably taken over your business to recover their money The image below shows how much the naira has lost value in the past one year 2 Likes 1 Share
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Re: Friends Abroad, Are You Happy With Naira Appreciation? by mytime24(f): 4:51am On Apr 11 |
Dollar fall 🤥 Naira gain🤔 Same news on NL everytime bt no impact Hw abt inflation 👀 |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by tanigororo: 5:10am On Apr 11 |
Until when the price of commodities comes down, that's when common men on the street can appreciate the value of solar going down. |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by Forkthiefnubu: 5:43am On Apr 11 |
ryloy:BS , if u are abroad what of your other family members and friends in Nigeria ? Can u take care of all of them? Offcos not , so the better the Nigerian economy gets the better for all of us Nigerians , let the naira actually finds its levels and not saccharine fake government manipulation and if it is 10 naira to a dollar we will come happily and put in our best |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by jesmond3945: 6:25am On Apr 11 |
ryloy:to be frank with you most of us are not happy about it. Especially knowing that cost of things are still high. They should work on reducing cost of things because remittances would drop. |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by jesmond3945: 6:26am On Apr 11 |
groovvyy:thats if the price goes back. However, prices are still high in the market. |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by Gadafii: 6:29am On Apr 11 |
Spending billions of naira to defend same naira Against dollar, Dem go soon start to dey print naira again Most of the things dey accuse Emefiele of doing, they are already doing it. They removed subsidy cos they couldn't sustain it, throwing Nigerians into more hardship, then went behind to continue paying subsidy, meanwhile petrol still sells higher than before subsidy was removed. Until tinubu brings dollar to below 400, furl below 400 as well, and a massive decline in the cost of basic items he hasn't done anything to be celebrated |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by Zwooks: 6:41am On Apr 11 |
Jogs1900: You sit down in your small room and use your small phone to assume evetyone earning in foreign currency wont be happy Continue |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by Oracleee: 6:42am On Apr 11 |
Lol. Omoh it's a two way thing for me. But then, I'm a very selfish person so I'm not. |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by ObiPandora: 6:55am On Apr 11 |
Even if Tinubu bring naira at par to dollar many of you obidient ipob will still wail. Gadafii: 2 Likes 1 Share |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by groovvyy: 7:01am On Apr 11 |
jesmond3945: Prices are certain to come down. Though it might take a while, they will eventually drop. Some goods are already experiencing price reductions. |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by ryloy: 7:28am On Apr 11 |
socialmediaman: No you don't understand that Nigeria was wasting $20 billion yearly to defend Naira which has been removed. So you want the waste to continue? 1 Like 1 Share
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Re: Friends Abroad, Are You Happy With Naira Appreciation? by noble2faith(m): 7:59am On Apr 11 |
Laye, they will never be happy. Naira depreciation is why most of them have been japaing. 1 Like |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by PARADIZEPRIEST: 8:49am On Apr 11 |
ANY NIGERIAN OR FOREIGNER NOT HAPPY ABOUT THE APPRECIATION OF OUR NAIRA WHETHER YOU ARE IN NIGERIA OR OUTSIDE NIGERIA,YOU ARE ENEMY OF THE STATE. YOU ARE NEXT...IFSHA 1 Like 1 Share |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by Gadafii: 10:04am On Apr 11 |
ObiPandora:something he can never do in his lifetime Agbado no dey get sense at all, so na everyone that does not support the iragbiji thief that's ipob😂😂 |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by okrikaboi: 12:36pm On Apr 11 |
I don't understand this craze with naira appreciation, the price of goods and services are still high and nothing has changed! |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by AcadaWriter: 1:19pm On Apr 11 |
I'm not suffering will reduce |
Re: Friends Abroad, Are You Happy With Naira Appreciation? by jesmond3945: 2:30pm On Apr 11 |
groovvyy:yea till then. |
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