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Naira Loses ₦‎79 To Dollar - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Loses ₦‎79 To Dollar (12814 Views)

Manufacturers May Sack Workers As Naira Loses 39% Value / Naira Loses To Dollar, Closes At 419 In "Official Market" / History Of Naira To Dollar Exchange Rate (1972-2019) (2) (3) (4)

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Re: Naira Loses ₦‎79 To Dollar by AbuTwins: 6:31am On Apr 30
All these blamers were nowhere to be found when Naira was appreciating steadily.

Once anything bad come up they take the chance to abuse Tinubu and Nigeria as what they were waiting for has happened!

All those who rejoice in evil and sadness will have it live with them eternally!

1 Like

Re: Naira Loses ₦‎79 To Dollar by UnfairLife7(m): 6:31am On Apr 30
Tinubu this is unfair
Re: Naira Loses ₦‎79 To Dollar by epadomo(m): 6:33am On Apr 30
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Re: Naira Loses ₦‎79 To Dollar by Paulruth: 6:33am On Apr 30
Lumarstone:
Why do our economic mangers attached much value on dollars in this country when we know that it's not our official currency?
When tribal olodos like you go to school, then you will understand this your question

1 Like

Re: Naira Loses ₦‎79 To Dollar by DMerciful(m): 6:37am On Apr 30
The machinery for industrial production are imported so has huge impact on the cost of production. Many raw materials and fnished products are also imported.

Unless you obey Obi and move the country from consumption to production
Lumarstone:
Why do our economic mangers attached much value on dollars in this country when we know that it's not our official currency?

1 Like

Re: Naira Loses ₦‎79 To Dollar by aylive02(m): 6:38am On Apr 30
NuCypher:
Here we go again! 2000 naira to a dollar here we come grin
Who are those shouting last week that the naira was appreciating? Poor economic policies don't get solved by borrowing billions of dollars and using same to subsidize the naira.
. They will all suffer with their children

1 Like

Re: Naira Loses ₦‎79 To Dollar by aylive02(m): 6:40am On Apr 30
plumcomm:
This kind of news gives some people the joy they have not experienced since a couple of months ago.
. Dont be unfortunate
Re: Naira Loses ₦‎79 To Dollar by Livingstone124: 6:42am On Apr 30
Hmmm! Where is the Liquid Metal?
Re: Naira Loses ₦‎79 To Dollar by SmartyPants(m): 6:51am On Apr 30
NuCypher:
Here we go again! 2000 naira to a dollar here we come grin
Who are those shouting last week that the naira was appreciating? Poor economic policies don't get solved by borrowing billions of dollars and using same to subsidize the naira.

When we say there are some clowns waiting for dollars to reach 2k naira gleefully. So many will respond deceptively pretending they don't know that there are such.

Look at the buffoon above for example. cheesy Usd is going nowhere but down...watch and see. It will be reveresed in a few days at most.

2 Likes

Re: Naira Loses ₦‎79 To Dollar by Dbegining: 6:53am On Apr 30
Lumarstone:
Why do our economic mangers attached much value on dollars in this country when we know that it's not our official currency?

Asking this kund of question in 2024 just shows how foolish and ignorant you are
Re: Naira Loses ₦‎79 To Dollar by Forumites: 6:54am On Apr 30
Na statistics we go chop? Okay Tinubu tell us wetin we wan chop now? All your online warriors are disappointed and can’t defend you now. Please increase their salary so they can have something to defend you. Mad people everywhere.

4 Likes

Re: Naira Loses ₦‎79 To Dollar by Elusive001: 6:58am On Apr 30
BlocksNG:
As expected. You can't be looting billions in dollars and expect naira gain. Ebola thiefnubuuu said na statistics we go chop?, silly foolish old baboon.


"What concerns you with dollars? Do you earn your salaries in dollars?" - Tinubu

4 Likes

Re: Naira Loses ₦‎79 To Dollar by Elusive001: 6:58am On Apr 30
Dbegining:


Asking this kund of question in 2024 just shows how foolish and ignorant you are


Do APC supporters have functional brains?

5 Likes

Re: Naira Loses ₦‎79 To Dollar by Elusive001: 7:00am On Apr 30
Lumarstone:
Why do our economic mangers attached much value on dollars in this country when we know that it's not our official currency?


Typical APC/Tinubu supporter. This was the same thing your god said during elections and you lots clapped for him. Now you know better.
Re: Naira Loses ₦‎79 To Dollar by happney65: 7:03am On Apr 30
Bobloco:
What are the positives of the first full year of the Tinubu administration? 

Nothing

Absolutely Nothing!
Re: Naira Loses ₦‎79 To Dollar by EdiskyHarry: 7:04am On Apr 30
It's sad we now depend of odumuje for Naira to appreciate 😢
Re: Naira Loses ₦‎79 To Dollar by Elusive001: 7:05am On Apr 30
Do you all remember this video


https://www.youtube.com/watch?v=0Ck3anuYfUI
Re: Naira Loses ₦‎79 To Dollar by Tayorshd87: 7:05am On Apr 30
NuCypher:
Here we go again! 2000 naira to a dollar here we come grin
Who are those shouting last week that the naira was appreciating? Poor economic policies don't get solved by borrowing billions of dollars and using same to subsidize the naira.

Buhari jonathan did same thing in their tenure so what's wrong if they do the same now
Re: Naira Loses ₦‎79 To Dollar by Racoon(m): 7:05am On Apr 30
What a country with terrible leaders. The overhyped economic illiterate have really destroyed this nation.

1 Like

Re: Naira Loses ₦‎79 To Dollar by EdiskyHarry: 7:08am On Apr 30
Tinubu is the worst president in the history of Africa

1 Like

Re: Naira Loses ₦‎79 To Dollar by 82man: 7:14am On Apr 30
Dollar is now going up higher higher everyday 🤣🤣🤣🤣🤣🤣

Re: Naira Loses ₦‎79 To Dollar by Kaa4(m): 7:16am On Apr 30
cjudy:
grin
We are done with Binance and other crypto exchangers. This week blame is OPay and Moniepoint.
By next week, we will blame DSTV followed by NTA
Then by June, they will be blaming the air we breathe him.
Set of incompetence parading as economy team.
They leave the root of the problem and start tackling innocent companies.
Dollar beating hell out of Naira
What is the root of the problem?
Re: Naira Loses ₦‎79 To Dollar by cjudy(m): 7:17am On Apr 30
Kaa4:
What is the root of the problem?
Oga you don’t produce, start production
Re: Naira Loses ₦‎79 To Dollar by iLoveYouToo(m): 7:25am On Apr 30
Something tells me this downward slide will continue
Re: Naira Loses ₦‎79 To Dollar by TemmyT002(m): 7:26am On Apr 30
We don't care
Re: Naira Loses ₦‎79 To Dollar by Blaze14k: 7:27am On Apr 30
XtraFortunes:
The incompetence of the Tilumbu led FG stinks to the high heavens angry

Is it Binance that is causing this depreciation now?

They are looking for the next person to blame, now it is fintech banks like opay and moniepoint

Stop chasing shadows and move the country from consumption to production, no they won't but will blame everyone for their daftness

Governance is not by propaganda

They are not daft, hey know what they are doing. Criminals in government
Re: Naira Loses ₦‎79 To Dollar by Uptown7(m): 7:34am On Apr 30
Result of poor governance and CORRUPTION in the system.
Re: Naira Loses ₦‎79 To Dollar by strangest(m): 7:38am On Apr 30
Keep your dollars close

1 Like

Re: Naira Loses ₦‎79 To Dollar by idahme(m): 7:43am On Apr 30
Lumarstone:
Why do our economic mangers attached much value on dollars in this country when we know that it's not our official currency?


It's our official currency for importation, Nigeria is more of an importation driven economy than export. That's is why, so the price of dollars basically determine the price of so many goods.
Re: Naira Loses ₦‎79 To Dollar by plumcomm: 7:52am On Apr 30
aylive02:
. Dont be unfortunate
like most of your family members abi
Re: Naira Loses ₦‎79 To Dollar by Donaldoni: 8:15am On Apr 30
Piiiiiggs won't see that the rate is NGN1,280 at the parallel market before they start grunting in wild ecstasy. angry
Re: Naira Loses ₦‎79 To Dollar by Daystar7: 8:22am On Apr 30
Donaldoni:
Piiiiiggs won't see that the rate is NGN1,280 at the parallel market before they start grunting in wild ecstasy. angry

Which parallel market...
Canadian Dollar is #1220! Tinubu pls do something ooo, at least let me leave the country first. Choi!

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