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Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg - Business (4) - Nairaland

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Naira Is "World's Best Performing Currency" In April - Bloomberg / Russia's Ruble Is the World's Best Performing Currency / Best And Worst Performing Banks Of 2018 (2) (3) (4)

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Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by YouAreNobody: 8:53pm On May 10
jahsharon:


Your father too is a Nigerian, tell him to come forward with his own ideas.
because you voted his father into power, abi?

6 Likes

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by theredaddy: 8:53pm On May 10
Lizzysamuel:
Now that CardiB has exhausted all his ideas in giving Naira "Kung Fu" I wonder what will be the next line of action 😂.

Crypto Banned

Binance Banned too

P2P banned too

BDCs supplied with Dollars.

EFCC arresting BDc operators

Dear CardiB and Bulaba,

Who are we blaming this time?

My aged grandma?


The good news is everybody go Rest ... nigerians are so use to bad news such they we convince themselves all goodnews must be a lie

Now we have the bad news flowing ... we get Peace cheesy

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Lanruze: 8:53pm On May 10
You see, economic principles and it's outcomes are very academic and predictable.

Rather than Globe-Trot the world looking for investors in a un-coordinated manner, PBAT and his handlers should empower the Nigerian Export Promotion Council as a dedicated agency to act as diplomats in our finished goods export drive.

No cosmetic approach to stabilizing the FX regime than a coordinated, planned and deliberate effort to engage countries with comparative disadvantage and export massively.

Export products like Cocoa is enjoying an upward gain in it's international price, same with Crude Oil & precious stones.

Exports are the only sustainable way for stabilizing the FX fluctuation.

3 Likes

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Bluntemperor: 8:54pm On May 10
Lizzysamuel:
Now that CardiB has exhausted all his ideas in giving Naira "Kung Fu" I wonder what will be the next line of action 😂.
Crypto Banned
Binance Banned too
P2P banned too
BDCs supplied with Dollars.
EFCC arresting BDc operators
Dear CardiB and Bulaba,
Who are we blaming this time?
My aged grandma?

Many of you vicious Opposition, especially in LP and PDP Sympathersers,are very Unpatriotic elements.
You are always happy to share bad reports and News,yet you still want to rule by Press Conferences communication, thinking Nigerians are fools!
Campaigns have Closed since but not to the above set of people!
Little time now they claim tribal gigost.
Anyway,make wailers de wail continuously!
Nigeria shall be Great!

4 Likes

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by excanny: 8:54pm On May 10
Lizzysamuel:
Now that CardiB has exhausted all his ideas in giving Naira "Kung Fu" I wonder what will be the next line of action 😂.

Crypto Banned

Binance Banned too

P2P banned too

BDCs supplied with Dollars.

EFCC arresting BDc operators

Dear CardiB and Bulaba,

Who are we blaming this time?

My aged grandma?

He hasn't blamed Peter Obi yet. That option still remain.
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by sulaak(m): 8:58pm On May 10
God1000:
Too bad, government should stop using cosmetic approach to stabilize naira and address the real problem

Production
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by ebufa: 9:00pm On May 10
Lizzysamuel:

https://www.bloomberg.com/news/articles/2024-05-10/usd-ngn-naira-reverses-gains-as-outlook-dims-on-declining-dollar-inflows?utm_campaign=socialflow-organic&utm_source=twitter&utm_content=africa&utm_medium=social&cmpid%3D=socialflow-twitter-africa




CBN under Cardoso lacks strategic discipline.......let the Naira find its true value! All CBN needs to do is put liquidity squeeze by starting the recapitalization of the Banking industry......raise the interest rate on one hand

On the other hand Tinubu should put back the nation to true production! Get mercenaries to drive the foreign fulani terrorists from our farmland, work on power generation and work on all abandoned road,rail and airport terminals

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Franking: 9:01pm On May 10
Tinumbu o. Do we still blame Buhari?
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by ccrenda5540: 9:01pm On May 10
Bitters Obi will be happy about this fake news now

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Elsueno: 9:03pm On May 10
Bluntemperor:


Many of you vicious Opposition, especially in LP and PDP Sympathersers,are very Unpatriotic elements.
You are always happy to share bad reports and News,yet you still want to rule by Press Conferences communication, thinking Nigerians are fools!
Campaigns have Closed since but not to the above set of people!
Little time now they claim tribal gigost.
Anyway,make wailers de wail continuously!
Nigeria shall be Great!

U agbadorians are not serious!!!.
U just simply can't accept how incompetent ur bosses are, reason why U always blame 'obidients' & 'wailers' for Ur failures.

Neither Peter Obi nor Atiku is d president, so them & thier supporters can't do nothing but shout on social media. Or is it thier shouting that's making all our economic & security indices worse?

U guys better step up & work, propaganda can't save agbadonomics

7 Likes 1 Share

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by ThrustReverser(m): 9:06pm On May 10
Na Cardoso person dey call CardiB? grin

2 Likes

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by occfx: 9:11pm On May 10

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by BondRiv: 9:12pm On May 10
Politicians are still the ones causing the problem.

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by occfx: 9:12pm On May 10
Lizzysamuel:
Now that CardiB has exhausted all his ideas in giving Naira "Kung Fu" I wonder what will be the next line of action 😂.

Crypto Banned

Binance Banned too

P2P banned too

BDCs supplied with Dollars.

EFCC arresting BDc operators

Dear CardiB and Bulaba,

Who are we blaming this time?

My aged grandma?

Sportybet is causing Naira depreciation... Ban all betting platforms.
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Kipit100: 9:16pm On May 10
Na Reno we go ask why Dollar dey increase...abi people don stop to dey buy made in Nigeria products ni....
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by ELKHALIFAISIS(m): 9:16pm On May 10
Reno mockery is now deaf and dump... He's waiting for obi to talk because he could talk
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by bdon123(m): 9:16pm On May 10
Hello agbadorians,see u 2031.jst so u know m still balling regardless

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by clockwisereport: 9:19pm On May 10
Best Worst worstest
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by onadana: 9:20pm On May 10
Lizzysamuel:
Now that CardiB has exhausted all his ideas in giving Naira "Kung Fu" I wonder what will be the next line of action 😂.

Crypto Banned

Binance Banned too

P2P banned too

BDCs supplied with Dollars.

EFCC arresting BDc operators

Dear CardiB and Bulaba,

Who are we blaming this time?

My aged grandma?

Don't mind the clueless morons

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by donprinyo(m): 9:21pm On May 10
Remove your money from bank and buy land. It's gonna get worse
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by AngelicBeing: 9:21pm On May 10
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Doyin2(m): 9:23pm On May 10
ebufa:




CBN under Cardoso lacks strategic discipline.......let the Naira find its true value! All CBN needs to do is put liquidity squeeze by starting the recapitalization of the Banking industry......raise the interest rate on one hand

On the other hand Tinubu should put back the nation to true production! Get mercenaries to drive the foreign fulani terrorists from our farmland, work on power generation and work on all abandoned road,rail and airport terminals



When you increase interest rate,you increase the cost of local productions and make exports more expensive and less competitive.

This is the insanity we talk about, doing the same thing and expecting different results.How has interest rate increase over the decades improved the economy?

The way out is policies to boost productivity and exports plus imports substitution.And that will include massive interest rate cuts!

We have been relying only on CBN monetary policies to defend the Naira and what a calamity!
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by favour32(m): 9:25pm On May 10
Where are zombies and BATeria?

They have gone mute because they have no brains to reason and be independent.
Bad product is good to them since they are being paid peanut to survive.

Hand go meet all of una.

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by modernWays: 9:27pm On May 10
obi4eze:
grin

Balablu magic.

When they were told to hold their dollars closely, imagine what these Tinubu propagandists were saying. I hope they are still here to see the magic their oga is performing on the exchange rate.

Who will they blame this time around? Of course they will surely blame Peter Obi who they are seriously teaching a lesson.

Propaganda is not governance. Fx rate is blind to propaganda.

If only you are half intelligent or educated, you would've know that telling people to hold their dollar closely was an act of terrorism on your economy. Every dollar you keep has a negative impact on its availability and subsequently increase its value. In a sane climate, this stupid woman would've been putting behind the bar.

I wonder the joy you people seen in making your country inhabitable to yourselves. I really wish this country break up soon, just tire of sharing an identity with set of bitter souls who derived joy in seeing their country suffer because they lost the election. Useless animals.
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Brandosky: 9:28pm On May 10
shocked shocked shocked . Bulaba
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Deepspirituals: 9:29pm On May 10
Bluntemperor:


Many of you vicious Opposition, especially in LP and PDP Sympathersers,are very Unpatriotic elements.
You are always happy to share bad reports and News,yet you still want to rule by Press Conferences communication, thinking Nigerians are fools!
Campaigns have Closed since but not to the above set of people!
Little time now they claim tribal gigost.
Anyway,make wailers de wail continuously!
Nigeria shall be Great!
Hypocrites ,Was APC not Happy when Chibok Girls was Abducted ? Were they not Always Looking for Bad News during Jonathan Administration so they could use all against him in Propaganda?

I'm not any Party Loyalist but Karma is Real .

So deal with it

5 Likes 1 Share

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Asiri1991: 9:29pm On May 10
I am not of the opinion that Cardoso is not fit to be in the financial sector; he should've done better as a POS operator in Ibadan.

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Brandosky: 9:29pm On May 10
obi4eze:
grin

Balablu magic.

When they were told to hold their dollars closely, imagine what these Tinubu propagandists were saying. I hope they are still here to see the magic their oga is performing on the exchange rate.

Who will they blame this time around? Of course they will surely blame Peter Obi who they are seriously teaching a lesson.

Propaganda is not governance. Fx rate is blind to propaganda.
Fact

1 Like

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Brandosky: 9:30pm On May 10
AqualinaXYZ:
It will get more worse this I pray





Since we can’t gain reduction in price of goods then make we dey gain in dollars




2500 before end of next month
shocked shocked . Nawa for you ooh
Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by Deepspirituals: 9:31pm On May 10
modernWays:


If only you are half intelligent or educated, you would've know that telling people to hold their dollar closely was an act of terrorism on your economy. Every dollar you keep has a negative impact on its availability and subsequently increase its value. In a sane climate, this stupid woman would've been putting behind the bar.

I wonder the joy you people seen in making your country inhabitable to yourselves. I really wish this country break up soon, just tire of sharing an identity with set of bitter souls who derived joy in seeing their country suffer because they lost the election. Useless animals.
. Were you not happy when Nigerian Was Sufferings during Jonathan Regime ?

2 Likes

Re: Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg by modernWays: 9:35pm On May 10
Deepspirituals:
. Were you not happy when Nigerian Was Sufferings during Jonathan Regime ?


You know me in person?

We were happy but we voted him out? Didn't entire South voted massively for him in 2011?

Kindly bring out a thread or hradlines where other tribes were jubilating at every misfortune during Jonathan era.

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