Basic123:


You have been learning economics from the man who receive advice from the mad man and his supporters.

Who tells you that it's just fiscal policy that influences the values of currencies?....its majorly monetary policy. Many countries have positive balance of trade but still have weaker currencies relative to Dollars.

Okay,from a lay man point of view,what increase happened to our imports within 2months of jumping from 900 to 1900??

sparko1:


You know that saying, anything that goes up in Nigeria never comes down.

This is the first of it kind, besides when it went up during buhari how much did it come down, even GEJ, or you forget there was a time Naira and dollar was the same.

GEJ met dollar- Naira @ 119, he left it at 230, that is almost 100% increase, oh! You think math was invented in your Geopolitical zone.

Nobody has ever forced this kind of reduction, before you quote me use your thinking cap, I don't respond to idiots.

flokii:
Something.that will still crash to around #750 in few months from now.

Ofunaofu:


No be me talk am o

I was merely reacting to a Nairalander

keymatt:
These agbadorians are very funny they want us to celebrate mediocrity in the face of hunger they should take the Naira back to N180 where they met it in 2015 before we take their agbado govt serious.

Gggjhhj:


Baffles how you people celebrate dollar fall with no significant value to the poor masses, food prices are very what have you done. All you do is praise sing your principal with no overall impact on the economy, tell them to go and regulate prices, not to be snapping dollar and naira value everyday

Phantom233:
No be for dollar to crash o, I hope the phones we are buying 120k will return to 45k which it was before now. Talkless of Tv, refrigerator etc which have al risen by over 200% because of this so-called Dollar trash.

Villa12:
the masses are hungry Why you fools are celebrating dollar that your emilokan met at #700. Ordinary paint of garri is #3,500. Useless people

keymatt:
^^^ this is the problem of Nigeria. defending Tinubu on empty stomach and empty bank account.

Ritchiee:
It will crash to #200 shortly.
That Mr Cardoso is a genius.

The poster above me still lives in Mars?
Policies have taken care of saboteurs and speculators who took it to #1980 and naira,according to Bloomberg,has become the best performing currency in the world.
What was the value of the naira in April 2023?

What is bringing dollar down?
Good policies of course.
Let it continue to come down..

Dittodat:


Naira was actually 21.9 to 1 dollar when PDP too over in 1999.

Phantom233:
No be for dollar to crash o, I hope the phones we are buying 120k will return to 45k which it was before now. Talkless of Tv, refrigerator etc which have al risen by over 200% because of this so-called Dollar trash.

Phantom233:
No be for dollar to crash o, I hope the phones we are buying 120k will return to 45k which it was before now. Talkless of Tv, refrigerator etc which have al risen by over 200% because of this so-called Dollar trash.

koyeni:


I learnt one or 2 things from this. However, i dont think you needed to have added your first paragraph

Ofunaofu:


Mr. Cardoso, a genius

He will surely be a genius if the naira exchanges at N200 to a dollar where the APC met it in 2015.

JohnAOne:
In a few Weeks...

Yourprick:
Road to 2k Keep your dollars closer

Max24:
Shame to the haters! They pray negative for the country but God is turning it to good. All their evil predictions and prophecies of their demonic pastors are going back to them. May all the good change in this administration favour me and my family !

Basic123:

I am so sorry about.
It pains me when I see people dishing out wrong knowledge out of hate or just to score a cheap political points. Most people will take that wrong knowledge and they will never have the opportunity of being corrected. I used to believe in this theory of production bla bla until an economist Schooled me well on the difference between fiscal and monetary policies and point of convergence!

Phantom233:
No be for dollar to crash o, I hope the phones we are buying 120k will return to 45k which it was before now. Talkless of Tv, refrigerator etc which have al risen by over 200% because of this so-called Dollar trash.

Dittodat:


Naira was actually 21.9 to 1 dollar when PDP too over in 1999.

Ofunaofu:


Mr. Cardoso, a genius

He will surely be a genius if the naira exchanges at N200 to a dollar where the APC met it in 2015.

PotatoSalad:

Ok.. you can bookmark this and come back in 3 months let's discuss.
A country that doesn't export goods or services and depends on imports dey play.
Me I don't care what magic they're doing. My only concern is how long can it hold.