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Naira Falling- Obidients Nolonger Say CBN Is Defending Naira - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsNaira Falling- Obidients Nolonger Say CBN Is Defending Naira (3382 Views)

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Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op):
From 1100 back up to 1400, Obidients are jubilating once again, they are no longer saying CBN is defending the naira. Despite debunking their lies of CBN defending the naira when it was gaining.
Can we say Naira is falling when CBN is defending it?
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op): 1:01pm On Apr 26, 2024
If CBN is defending naira, how come it is falling now?. Is the foreign reserves exhausted?
Majority of Obidients need Education and deliverance from the demon of bitterness.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by OAFMods: 1:02pm On Apr 26, 2024
Beta leave those fools to their foolishness
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by HopeUzodinma: 1:02pm On Apr 26, 2024
They kept defending and defending till they so twas a futile effort.

Tinubu is clueless. He cbn Governor is even more clueless.

Only Obi can save Nigeria
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op): 1:10pm On Apr 26, 2024
HopeUzodinma:
They kept defending and defending till they so twas a futile effort.

Tinubu is clueless. He cbn Governor is even more clueless.

Only Obi can save Nigeria
Then why did the naira fall by 300naira in a week?, how possible when there's $32billion in the reserves?.
Obi's investment in hero beer has fallen to next to nothing, his UK NEXT was shut down by UK authorities due to fraud.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op): 1:13pm On Apr 26, 2024
When Naira gains sooner, they'd go back to their replay.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by Bentacur007: 1:19pm On Apr 26, 2024
PressMyButton:
From 1100 back up to 1400, Obidients are jubilating once again, they are no longer saying CBN is defending the naira. Despite debunking their lies of CBN defending the naira when it was gaining.
Can we say Naira is falling when CBN is defending it?
Go and sleep joor
Are you finding excuses
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by garykoeman: 1:35pm On Apr 26, 2024
HopeUzodinma:
They kept defending and defending till they so twas a futile effort.

Tinubu is clueless. He cbn Governor is even more clueless.

Only Obi can save Nigeria
Obi that failed to save little Anambra.

You people sha.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by Newstory1: 1:36pm On Apr 26, 2024
Na talk be this?
Na wa for Tinubu media people

Result is the only thing that silences insults.

If you ask me, Obidients are the ones pushing Tinubu to work because they know how to dig out facts.

Tinubu must realize that propaganda won't work again.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by BigkokoRep: 1:37pm On Apr 26, 2024
The moment Bloomberg carried the story, Patch patch CBN gov quickly stopped and now the USD is rallying against the Naira...


PressMyButton:
From 1100 back up to 1400, Obidients are jubilating once again, they are no longer saying CBN is defending the naira. Despite debunking their lies of CBN defending the naira when it was gaining.
Can we say Naira is falling when CBN is defending it?
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by Beautifulday: 1:51pm On Apr 26, 2024
BigkokoRep:
The moment Bloomberg carried the story, Patch patch CBN gov quickly stopped and now the USD is rallying against the Naira...
.


Defending the naira is not a bad thing. Naira is our money. We should defend it. I don't know why they stopped.

I need the rate down abeg
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op):
BigkokoRep:
The moment Bloomberg carried the story, Patch patch CBN gov quickly stopped and now the USD is rallying against the Naira...
Show me the breakdown from Bloomberg. BusinessDay,Cable did their investigation perfectly, not an ipob/obidient writer writing for Bloomberg from a foreign country, he was talking from his ass.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by mightyhazel: 1:55pm On Apr 26, 2024
Leave what they say or don't say.. Hold your theiving leaders responsible..

When they see your type,they can't believe their luck
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by Paystack(f): 1:55pm On Apr 26, 2024
PressMyButton:
From 1100 back up to 1400, Obidients are jubilating once again, they are no longer saying CBN is defending the naira. Despite debunking their lies of CBN defending the naira when it was gaining.
Can we say Naira is falling when CBN is defending it?
Naira is falling instead of holding current government accountable you're blaming Obidients

Are you not stupid like this?

If they say the only thing in you people's head now is peter Obi you'll start crying
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by helinues: 1:56pm On Apr 26, 2024
Weather forecasting dey learn from their confusion.

grin
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by Paystack(f): 1:57pm On Apr 26, 2024
helinues:
Weather forecasting dey learn from their confusion.

grin
Naira is falling na Obi still the Una head

Common logic will tell you the currency is failing because CBN have stopped defending the Naira
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op): 1:57pm On Apr 26, 2024
Beautifulday:
.


Defending the naira is not a bad thing. Naira is our money. We should defend it. I don't know why they stopped.

I need the rate down abeg
They weren't defending in the first place, if they were, naira must have had fixed rate, there's no fixed rate set by CBN for the naira.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by theredaddy: 1:58pm On Apr 26, 2024
Newstory1:
Na talk be this?
Na wa for Tinubu media people

Result is the only thing that silences insults.

If you ask me, Obidients are the ones pushing Tinubu to work because they know how to dig out facts.

Tinubu must realize that propaganda won't work again.
. You mean facts like the ones they present at the Tribunal ... lmao grin
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op): 1:59pm On Apr 26, 2024
mightyhazel:
Leave what they say or don't say.. Hold your theiving leaders responsible..

When they see your type,they can't believe their luck
How much did Obi stack in Pand*ora account?
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op): 2:04pm On Apr 26, 2024
Paystack:
Naira is falling na Obi still the Una head

Common logic will tell you the currency is failing because CBN have stopped defending the Naira
CBN has stopped?, Lol. what was the fixed rate before they stopped and what is the rate after they stopped?. And then, can naira fall within a week after "defending" it the previous week?
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by paramakina202: 2:06pm On Apr 26, 2024
PressMyButton:
From 1100 back up to 1400, Obidients are jubilating once again, they are no longer saying CBN is defending the naira. Despite debunking their lies of CBN defending the naira when it was gaining.
Can we say Naira is falling when CBN is defending it?
CBN has exuasted foreign reserves in defence of naira. Let them continue.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by Beautifulday: 2:10pm On Apr 26, 2024
PressMyButton:
They weren't defending in the first place, if they were, naira must have had fixed rate, there's no fixed rate set by CBN for the naira.
.

Anything them dey do make them do am well. E get something I wan buy.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op): 2:11pm On Apr 26, 2024
Newstory1:
Na talk be this?
Na wa for Tinubu media people

Result is the only thing that silences insults.

If you ask me, Obidients are the ones pushing Tinubu to work because they know how to dig out facts.

Tinubu must realize that propaganda won't work again.
Tinubu floated the naira which has closed the gap between the official and parrallel rate, the gap has close from 300naira difference to less than 20naira now. But Obidients lacked understanding.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by PressMyButton(op): 2:16pm On Apr 26, 2024
paramakina202:
CBN has exuasted foreign reserves in defence of naira. Let them continue.
Reserves is depleted to $100?, ipob sef.
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by MaziX(m): 2:18pm On Apr 26, 2024
U think people don't want progress? You think we don't want to enjoy good life all over the nation.. should people clap that naira is falling? The people who promised us heaven on earth, why not let's face them.. I no dey support anybody. But make we dey use our head.. na all of us go suffer am
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by paramakina202: 2:18pm On Apr 26, 2024
PressMyButton:
Reserves is depleted to $100?, ipob sef.
Yoruba nacion soldier sef
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by Forkthiefnubu: 2:19pm On Apr 26, 2024
PressMyButton:
From 1100 back up to 1400, Obidients are jubilating once again, they are no longer saying CBN is defending the naira. Despite debunking their lies of CBN defending the naira when it was gaining.
Can we say Naira is falling when CBN is defending it?
Fork u for you know no one is jubilant, when ppl point out ur incompetent ways or criticize idiotic government policies u now try to paint it as unpatriotic when u are the real unpatriotic Nigerian
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by DMerciful(m): 2:21pm On Apr 26, 2024
Are you blind?

Is CBN issuing dollars at 1000 to BDCs loke before? E don cast
PressMyButton:
From 1100 back up to 1400, Obidients are jubilating once again, they are no longer saying CBN is defending the naira. Despite debunking their lies of CBN defending the naira when it was gaining.
Can we say Naira is falling when CBN is defending it?
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by Kukutenla: 2:21pm On Apr 26, 2024
PressMyButton:
From 1100 back up to 1400, Obidients are jubilating once again, they are no longer saying CBN is defending the naira. Despite debunking their lies of CBN defending the naira when it was gaining.
Can we say Naira is falling when CBN is defending it?
Any coincidence the value started to fall after CBN was called out by foreign media?

I recall some APC bots like you were accusing foreign media of being from a section of the country that hate good news
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by Mindlog: 2:21pm On Apr 26, 2024
PressMyButton:
From 1100 back up to 1400, Obidients are jubilating once again, they are no longer saying CBN is defending the naira. Despite debunking their lies of CBN defending the naira when it was gaining.
Can we say Naira is falling when CBN is defending it?
The realistic way of "defending" the Naira is by quantum leap in non-oil export, which Nigeria is sadly not in that frame....it is not by sentiments nor propaganda or is there a link to news that there was a boost in agricultural exports recently which boosted FX inflow?
Re: Naira Falling- Obidients Nolonger Say CBN Is Defending Naira by DMerciful(m): 2:22pm On Apr 26, 2024
Because they can't use all the reserves. Infact, it wasnt reserves they were using but treasury bills sales proceeds
PressMyButton:
Then why did the naira fall by 300naira in a week?, how possible when there's $32billion in the reserves?.
Obi's investment in hero beer has fallen to next to nothing, his UK NEXT was shut down by UK authorities due to fraud.
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