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After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessAfter Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April (11877 Views)

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Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by jaxxy(m): 8:41am On May 01, 2024
I already said these were all gimmicks
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by KaptainAfrika: 8:43am On May 01, 2024
HOLD YOUR DOLLARS CLOSELY.
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by F117nighthawk: 8:55am On May 01, 2024
Trading money without trading goods,una continue to dey decieve una self, doing E YI JÈ E YI O JE,
Naija the only country in the world where people do stupid things and make good money.
People without factories or big businesses yet they become portfolio billionaires
And u expect the naira to appreciate,
Make una continue
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by Daystar7: 9:13am On May 01, 2024
OneMillionBTC:
Smiles.......... No constant power to manufacture and export. Insecurities affecting Farmers. Poverty is blocking creativity, innovation, research and advancement. The economy needs to be more enabling to see the naira strong again. Weak economy equals weak Currency.

I advice the FG and SG to engage the Youths for solutions. The Youths will bring in solutions through technologies. The Youths that earn in dollars can start/set up a system that trains millions of other youths on how to earn in
dollars too. Imagine 30 million Nigerian youths making an average of $300 monthly from foreign companies and systems legitimately.

Empower the Nigerian youths, they have the brains and can provide this solution.

See how the naira is just moving :
Naira will gain massively to about #900 if cardoso pulls the right strings... I pray it does fall
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by Mitsurugi(m): 9:29am On May 01, 2024
helinues:
Best food already landed.

I dey sure say you go throw party for this. So as how your own be..

Stuffs like this can't go unnoticed
Should it?
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by goshee: 9:34am On May 01, 2024
BOSSkesh:
Nigeria will be great in our time
lol
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by goshee: 9:36am On May 01, 2024
Nuhskhut:
A sea that has witnessed a storm would not settle at once 😔. There is still going to be a great Nigeria 🥺
lol with buhari and Tinubu? Maybe after Tinubu shettima. Dey play. Just try and earn in foreign currency no matter how small.
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by goshee: 9:43am On May 01, 2024
theredaddy:
Did you and your geng robb the reserves overnight cos last time cardoso spoke nigeria still has over $30bn in reserve.

Now it is no more money ... anywhere belle face critics
Forget about the long grammar and figure. Give us good governance. I am a staunch obidient but if the ZOO gets better who am I not to rejoice? Stop behaving like opposition when you are in government. We don't care how you will do it just get it done or leave the office if you have nothing to show. The only thing that Tinubu has done that I appreciate is reducing the funali grip on the ZOO. I commend him for that aside that Tinubu has been a calamity since he assumed office. Are you telling me that Nigerians are better of now than 2015 when PDP left power? Must we be sycophants to support a politician who knows nothing about us?
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by MrBONE2(m): 9:45am On May 01, 2024
kennyz247:
Tinubu should kindly resign ..
grin

Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by goshee: 9:45am On May 01, 2024
Lumarstone:
Yet he is the president of the federal republic of Nigeria and a first class citizen for that matter. You and your entire generation that is a saint, what are you to the society? Nothing..! The only thing you can do best is to type rubbish here after over feeding yourself. Next time, if you do not have any reasonable point to contribute here, you better kipkwyet there. I left..!
Same way Obi that you insult at will is better than your whole community and can buy your entire generation but dead and unborn.
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by goshee: 9:52am On May 01, 2024
helinues:
Are you willing to return back to Secondary school and learn basic economics, as we dey season of going back without forward
It is not necessary bro. A first class Chicago accountant is at the helm of affairs and surrounded by sophisticated morons from same region, so what we need is a stable economy and reduced inflation. I must not go to school to study economics to know when the price of good stuff is high or low. Must I study accountancy in Chicago before I know that fuel price is rising geometrically? We don't care how you do it, just get it done after all you have been given 12 years to achieve that from government of our darling daddy Buhari to our city boy Tinubu. Na the same people.

Yoruba claim to be the most educated region in the ZOO but the ZOO had her best economic turn around under detribalised OBJ who assembled igbos as his economic team. Propaganda and deceit can't run a government. You have the powers to do whatever you can to achieve success and you are still behaving like you are contesting election.
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by Allthelight(m): 9:53am On May 01, 2024
Bluntemperor:
There is no reason why a Dollar to Naira should be above $1--N700!
We Nigerians are just very Unpatriotic - as we hides to Undermine the Govt,!
• But many Govt Functionaries are also wicked and evil- from Executives- Federal, States,the Legislatures and many MDAs are all involved,not until Governors, National Assembly Members ( Senators,House of Reps),the States Assembly Members, MDAs ( NNPC,etc)- are arrested for - undermining the National Security ( the Naira)!
•Who owns Most Of The Cryptocurrency and why are they not given the free hands in Europe and America? Did you see what they did to Binance Executive yesterday,how they were fined and jailed?
•Who Owns Most of the illegal- BDC?
•Why Should CBN - be given out $10,000,as tentative weekly Dollars and more importantly- Do People claiming this Forex makes Returns - with Verifiable Sources on how the Dollars were Extended?
•Have the Security Agents in Nigeria - finds out - how the Multinational Companies - also undermine Nigeria Currency - to their advantages- including Big Hotels,etc?
Who are the Patronisers?
Are they working from America Companies or Abroad,etc?
TRUTH- We are the enemies of ourselves- We are very Unpatriotic - across the Board!
How are we if a person, asset, currency is unstable then i should not trust it.

It is just a fact
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by Madups(m): 9:54am On May 01, 2024
helinues:
Best food already landed.

I dey sure say you go throw party for this. So as how your own be..

Stuffs like this can't go unnoticed
if e decide to throw party because of this news how e take concern u? Na your money?
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by theredaddy: 10:00am On May 01, 2024
goshee:
Forget aboutlong grammar and figure. Give us good governance. I am a staunch obidient but if the ZOO gets better who am I not to rejoice? Stop behaving like opposition when you are in government. We don't care how you will do it just get it done or leave the office if you have nothing to show. The only thing that Tinubu has done that I appreciate is reducing the funali grip on the ZOO. I commend him for that aside that Tinubu has been a calamity since he assumed office. Are you telling me that Nigerians are better of now than 2015 when PDP left power? Must we be sycophants to support a politician who knows nothing about us?
Bro that is my wish as well, and i wish all Nigerians agitating for good governance a better Life ... cos me sef be common person
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by goshee: 10:03am On May 01, 2024
NwokoloOwa:
Make una leave Naira. My suggestions

1. Government should focus more on security especially as it concerns farming and farmers. Food is the major contributor to the inflation we are witnessing. The mine sites are so chaotic and some people want it to remain so. Improved security would rob off on Mining as government also tightens the borders and ports to guard against the illegal export of minerals worth millions of dollars daily from this country. Security of Agriculture and Mining sectors can reduce our current situation by half.

2. Even our Oli exports are suffering because of insecurity too, and the selfish few. Block this giant economic sabotage through oil theft issues. This will drastically improve our earnings from Oil and Gas.

3.Transport, Electricity, Education etc can all follow up strongly as we march forward.

But No 1 and 2 will reverse the downward trend immediately and in real terms not this BDC this, Dollar that, Naira this etc

Una happy May!
What did APC did wrong to take dollar from 200 to 1400 in 8 years should be your concern. How would you forget about dollars when you import 90 percent of what you consume here?
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by PotatoSalad(m): 10:06am On May 01, 2024
Ezmans:
I get am before no be property
Lmao
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by PotatoSalad(m): 10:08am On May 01, 2024
Niok:
please have some shame and tell your govt to do the needful to make naira stable.
It's almost like you apc urchins are retarded from birth
Coz I don't see how words or hateful/wishful thinking from opposition parties can ruin policies of the government, , that's if the government knows what they're doing.
Stop shifting blames and start telling your supposed government to sit up !
We're one year into thieffnubu administration yet not one achievement to his name, very pathetic !
You all apc miscreants should be ashamed
You want him to go against his source of livelihood?
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by AMI3(m): 10:21am On May 01, 2024
OkCornel:
Jagaban promised 300 naira to the USD in the “short term” in April 2023.

This is May 2024. Sycophants, how market?
Talk is cheap my brother
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by AMI3(m): 10:26am On May 01, 2024
HarryGleb:
Good morning sir, please how can I post video on nairaland? Any tips?
From YouTube
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by femi4: 10:40am On May 01, 2024
100millionGoal:
You can't cheat nature

The failure and fraud in Aso rock with pampers and cocaine sniffing lover will always be exposed
Exactly, natural laws can't be manipulated for long.
Re: After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April by ambassador9: 10:55am On May 01, 2024
This country should just be divided. With all the educated pundits we have we can't do things right. Shmmmmm
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