Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,615 members, 7,813,020 topics. Date: Tuesday, 30 April 2024 at 04:20 AM

Naira Appreciation Fastest In 15 Year History - BDC Association President - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Appreciation Fastest In 15 Year History - BDC Association President (9969 Views)

Exchange Rate: Why Prices Of Goods Will Remain High, Despite Naira Appreciation / Naira Appreciation Brings Confusion / Food Prices Won’t Drop Immediately Despite Naira Appreciation – Economists (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Naira Appreciation Fastest In 15 Year History - BDC Association President by richie240: 9:13pm On Apr 16
In a conversation with the president of the association of Bureau de change operators of nigeria, Mr Aminu Gwadabe by Channels Television.....


Channels TV: How much is the naira trading now against the dollar

Pres. BDC: We buy at 980 and we sell at 1020

CTv: [i]What will you say is responsible for this continuous appreciation of the naira from your perspective?


PBDC: It's a combination of factors that really helped in achieving this feat even though it happened faster than expected; so I want to congratulate the mgt of Central Bank of Nigeria. For the first time in history over the past 15 years we have never seen where the open market is lower than the CBN rate. So kudos to Central Bank and congratulations Nigerians. There is calmness now........What we are seeing now is to show that what happened before has not any economic fundamental. It's just a bubble and the bubble has burst........


https://www.youtube.com/watch?v=k3PpfWkQQlQ?si=meuTA27onshuM332

Time stamp: 0:00 - 2:34

26 Likes 2 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by jmoore(m): 9:19pm On Apr 16
The depreciation was also the fastest under Tinubulation.

91 Likes 3 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by matify83: 9:21pm On Apr 16
Fastest gains in record time but it is not where they met it yet.

More naira appreciations please!

47 Likes 5 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by PressMyButton: 10:01pm On Apr 16
jmoore:
The depreciation was also the fastest under Tinubulation.
Due to activities of enemies like you and binance.

94 Likes 13 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by flokii: 10:02pm On Apr 16
I'm wowed.. Nigeria is in good hands.

PBAT should do something about prices of commodities that wicked Nigerians have refused to reduce to reflect the current realities on ground.
Country full of bad and wicked people but they are always the first to complain of bad governance.

61 Likes 9 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by PressMyButton: 10:04pm On Apr 16
Cardoso really cleaned up the BDC market, he pulled off the unthinkable.

76 Likes 3 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by jmoore(m): 10:07pm On Apr 16
PressMyButton:

Due to activities of enemies like you and binance.
Babablu bulabu..

Always blaming others for their own woe.

APC is the real enemy by using tinubulation to destroy Nigeria.

25 Likes 3 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by flokii: 10:10pm On Apr 16
PressMyButton:
Cardoso really cleaned up the BDC market, he pulled off the unthinkable.

Emefiele is a disgrace to the South.. the attrocities the useless man committed was just too much.
This is his fellow Southerner that is performing wonders in the same seat as CBN Governor.
The main reason some Northerners are antagonizing the President and Mr. cardoso is because of the clampdown on their shady activities killing naira in their BDC business.

A Yoruba is not one to cower to anybody or region. We are equal stakeholders in this project called Nigeria and anyone who isn't satisfied can fvck off to Niger Republic or Chad.

52 Likes 2 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by PressMyButton: 10:12pm On Apr 16
jmoore:
Babablu bulabu..
Always blaming others for their own woe.
E pain am, you'd soon join the binance saboteur in kuje.

48 Likes 3 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by jmoore(m): 10:16pm On Apr 16
PressMyButton:
E pain am, you'd soon join the binance saboteur in kuje.
Bla bla bla. Tinubulation has already put you guys in a place worse than Kuje.

11 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by obi4eze(m): 10:23pm On Apr 16
PressMyButton:

Due to activities of enemies like you and binance.
Is Binance a Nigerian company?

4 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by PressMyButton: 10:31pm On Apr 16
obi4eze:
Is Binance a Nigerian company?
This question shows how low your I.Q

51 Likes 2 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by PressMyButton: 10:33pm On Apr 16
jmoore:


Bla bla bla. Tinubulation has already put you guys in a place worse than Kuje.
"dollar will get to 2000" crew. Pained losers.

54 Likes 4 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by jmoore(m): 10:35pm On Apr 16
PressMyButton:
"dollar will get to 2000" crew. Pained losers.
Tinubulation demons.

5 Likes 1 Share

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by nedu666: 10:40pm On Apr 16
PressMyButton:

Due to activities of enemies like you and binance.

Really. So governors, ministers, govt officials at all levels, friends and contractors are not the one putting pressure on naira. It's ordinary Nigerians on Nairaland that might not have dollars you dey blame. Sychophants are terrible people

8 Likes 3 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by thesicilian: 10:46pm On Apr 16
The rise was also the fastest grin

5 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by Judolisco(m): 6:24am On Apr 17
Ego soon reach 600...make una continue to dey hold a oh... Sch no be scam oh, see as d beareu de change presido dey speak confirm English

10 Likes 2 Shares

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by Blaze14k: 6:27am On Apr 17
Lol just make it 450 we will appreciate

3 Likes 1 Share

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by CooldipoMPS: 6:27am On Apr 17
cool


what happened to the naira RMB swap deal?
Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by PerfectStranger(m): 6:28am On Apr 17
Anything less than #1 -$1 is cap

2 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by ironheart(m): 6:29am On Apr 17
Let it fall to 700

1 Like

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by korm2me(m): 6:29am On Apr 17
PressMyButton:

Due to activities of enemies like you and binance.
So the enemies where not there during the previous regime? Ir just enemies of Tinubu

3 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by Thedon12: 6:30am On Apr 17
But the man didn't answer the correct reason for this, CBN is also burning our foreign reserves to support naira faster too. How long can they sustain this?

4 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by emerged01(m): 6:31am On Apr 17
Combination of factors contributed to naira appreciation but the saddists are only saying CBN is defending naira as if defending of naira is illegal.

4 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by Blaze14k: 6:32am On Apr 17
PressMyButton:

Due to activities of enemies like you and binance.

You talk as if binance don't operate in other countries.

3 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by Haaland21: 6:32am On Apr 17
PerfectStranger:
Anything less than #1 -$1 is cap


Ekpa brother has spoken.

Dreamers

9 Likes 1 Share

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by PerfectStranger(m): 6:39am On Apr 17
Haaland21:



Ekpa brother has spoken.

Dreamers
ekpa e be like u don give up 4 dis country

1 Like

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by jmoore(m): 6:43am On Apr 17
Tinubulation scored 100 own goals within 70 mins. Should we rejoice when they score 40 goals to make it 100 - 40 at full time?

5 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by obi4eze(m): 6:52am On Apr 17
PressMyButton:

This question shows how low your I.Q

I asked a simple YES or NO question. If you don't know the answer, then tell us. Do not jump the gun.

Once again, is Binance a Nigerian company or does it have offices in Nigeria?

3 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by Intrepid01(m): 6:53am On Apr 17
lol jokers. When the foreign reserves they are using to defend Naira is exhausted, and the depreciation kicks in again, then all una eyes go clear.

2 Likes

Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by free2ryhme: 6:54am On Apr 17
Re: Naira Appreciation Fastest In 15 Year History - BDC Association President by Lovenorth: 6:58am On Apr 17
This is a foolish propaganda,let the naira be stronger than they met it first before we take them serious

1 Like

(1) (2) (3) (Reply)

a / Dangote Foundation Empowers 34,000 Women In Katsina / Gino Tomatoe Distributorship

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.