Naira Down To N1,650/$ In Parallel Market - Business (3) - Nairaland
Nairaland Forum › Nairaland General › Business › Naira Down To N1,650/$ In Parallel Market (8071 Views)
| Re: Naira Down To N1,650/$ In Parallel Market by Blitzking: 10:01am On Sep 20, 2024 |
Govt of invisible rice |
| Re: Naira Down To N1,650/$ In Parallel Market by Johncuppa(m): 10:02am On Sep 20, 2024 |
Righthussle:People can hinder prayer If we've elected a sensible person, it might have been a different ball game. |
| Re: Naira Down To N1,650/$ In Parallel Market by technicallyrich(m): 10:06am On Sep 20, 2024 |
Anything a scratch face touch they ruin it.these is the best of the best from Yorubaland see how the country is. Tinubu is seen as the highest and best Yoruba man by yorubas see how he has ruined nigeria. That means what will now happen if the worst Yoruba man ever rule again😂😂😂 |
| Re: Naira Down To N1,650/$ In Parallel Market by technicallyrich(m): 10:07am On Sep 20, 2024 |
Johncuppa:Thunder 🔥 that old stewpid scammer adeboyeye. He is a tribalistik 🐐 and an old foool |
| Re: Naira Down To N1,650/$ In Parallel Market by Okortor: 10:16am On Sep 20, 2024 |
As it stands...our reserve has gone down so low if not empty....... yesloaded: |
| Re: Naira Down To N1,650/$ In Parallel Market by Righthussle: 10:27am On Sep 20, 2024 |
Johncuppa:Taa shutup!! |
| Re: Naira Down To N1,650/$ In Parallel Market by Shawarmagirl: 10:34am On Sep 20, 2024 |
AntiChristian:Keep dreaming indelution that Nigeria will be fine. How long have you been hearing this? Keep praying and hoping. |
| Re: Naira Down To N1,650/$ In Parallel Market by Johncuppa(m): 10:42am On Sep 20, 2024 |
Righthussle:This man is not your problem BTW, he's not talking to you or were you at the gathering where he made the statement? He lied, he didn't lie to you, he did to doing listen to you. |
| Re: Naira Down To N1,650/$ In Parallel Market by ezegold4we: 10:45am On Sep 20, 2024 |
Since the yorubas in general and South West Told us that Tinubu is the Best they can offer, it means the almajiris in core Northern parts are more smarter.politically than the sophisticated wasted region, Imagine the South west presenting a hardened drug baron,, a man with identity crisis and still supporting Him despite the failure and hunger he unleashed on the entire country, I want to summarize that the entire South west as a region are more tribalistic and nespotic than any other tribe in the entire universe, Infact the hate and tribalism From the yorubas against other Nigerians are stronger and thicker than Body odour, Can you imagine after supporting Their darling daddy Buhari for a woeful 8yrs, they are now supporting another supersonic failure called Tinubu for another 8yrs, it show's that we have lot's of educated illiterates amongst the yorubas, even Pa Awolowo will be crying in his grave by now, what a wasted tribe. 1 Like |
| Re: Naira Down To N1,650/$ In Parallel Market by coleon(m): 11:00am On Sep 20, 2024 |
post=132080599:I told some zombies here that Dangote's impact on naira value will be close to zero and they insulted me, infact some even called me a pessimist that doesn't wish the country well. I am still laughing here and will be watching, for those willing to learn, Dangote's export earnings are not coming into the Nigerian economy, it's either being used to service loans offshore or it's moved to his escrow account with JP Morgan and if your argument is that it will save us FX used to import petrol then no that we are also losing FX with the crude given to Dangote to refine in Naira for same hence the net effect is zero. |
| Re: Naira Down To N1,650/$ In Parallel Market by Meti99(m): 11:08am On Sep 20, 2024 |
Vision101:Just keep shut Keep quiet . Na true value we go chop? When Tinubu knew he had no idea running the country he should have maintained the cosmetic value and allow people breathe. Now he has scattered everything and he's looking confused too |
| Re: Naira Down To N1,650/$ In Parallel Market by Brendaniel: 11:42am On Sep 20, 2024 |
Sermwell:It is not a country of stupid people but some stupid people.... |
| Re: Naira Down To N1,650/$ In Parallel Market by Brendaniel: 11:47am On Sep 20, 2024 |
AntiChristian:All the comments you've made on this thread, you refused to address the cause of the problem, but throwing blames on others and trying to divert attention away from the cause... Are you people normal? |
| Re: Naira Down To N1,650/$ In Parallel Market by Ojuntana: 11:49am On Sep 20, 2024 |
yesloaded:Grandstar do you agree that naira is massively undervalued? Remember I once asked you how you'll knew when naira reaches its true value? |
| Re: Naira Down To N1,650/$ In Parallel Market by InvertedHammer: 11:49am On Sep 20, 2024 |
/ Like John the Baptist, I am the lonely voice in the wilderness. Like an oracle (even though I am not an economist), I could accurately predict the trajectory of Nigerian economy well in advance. Some people thought it was unpatriotic to be honest. /
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| Re: Naira Down To N1,650/$ In Parallel Market by Brendaniel: 11:55am On Sep 20, 2024 |
Vision101:That's where you people still get it wrong, no currency has a true value, the same thing you guys said when Tinubu initially removed it and it rose to 900 and you guys said it has found its true value and I replied you guys then that it has not true value, look at it today... There is nothing like true value of currency, I told you guys then that as long as Tinubu keeps doing the wrong things the currency will keep falling and that the naira can go as much as 10,000 to a dollar... Keep doing the wrong things and watch your currency go down and vice versa, good governance is the true value of any country's currency... That's how you guys keep dishing out nonsense analysis in support of nonsense governance 1 Like |
| Re: Naira Down To N1,650/$ In Parallel Market by Ojuntana: 11:56am On Sep 20, 2024 |
AntiChristian:The munafiq is asking for Christian miracle in a Muslim Muslim government Abi Muhammad nor dey do miracle again ni? Make he split the value of naira like he split moon na Oh sorry. I forgot he's dead and rotten Pray to Allah then maybe he'll hear the cry of his slaves |
| Re: Naira Down To N1,650/$ In Parallel Market by Ojuntana: 11:59am On Sep 20, 2024 |
Vision101:Before Tinubu naira official value was 400/$ while parallel market was 750/$ Can you explain what exactly happened in Nigeria to move the true value from those two to over 1600/$ |
| Re: Naira Down To N1,650/$ In Parallel Market by Ojuntana: 12:01pm On Sep 20, 2024 |
AntiChristian:There's no one more deluded than someone who thinks there's 72 virgins to inherit when they die. Those are the biggest fools the world have ever seen |
| Re: Naira Down To N1,650/$ In Parallel Market by Ojuntana: 12:03pm On Sep 20, 2024 |
AntiChristian:Munafiq how can the best of Nigeria come without sharia are you saying the best of Nigeria will come in a democracy? Astagifirullahi |
| Re: Naira Down To N1,650/$ In Parallel Market by AntiChristian: 12:03pm On Sep 20, 2024 |
Brendaniel:What's the cause? And who did i blame? |
| Re: Naira Down To N1,650/$ In Parallel Market by AntiChristian: 12:05pm On Sep 20, 2024 |
Shawarmagirl:Of course! It will be better for me! |
| Re: Naira Down To N1,650/$ In Parallel Market by Ojuntana: 12:09pm On Sep 20, 2024 |
Brendaniel:I'll like to know what grandstar thinks about this! True value of currency What is true value and how do you determine it? Million naira question |
| Re: Naira Down To N1,650/$ In Parallel Market by Ojuntana: 12:10pm On Sep 20, 2024 |
AntiChristian:Alfa democracy nor go better for you o Na only sharia you go fit make am Masha Allah |
| Re: Naira Down To N1,650/$ In Parallel Market by Vision101(m): 12:28pm On Sep 20, 2024 |
Ojuntana:Just like what is happening to fuel now the exchange rate back then was subsidized. It was fixed by administrative fiat not minding the effect of demand and supply. Now naira is floated which means that demand and supply determines the rate. |
| Re: Naira Down To N1,650/$ In Parallel Market by Vision101(m): 12:36pm On Sep 20, 2024 |
Brendaniel:No sir. Economic activity of an economy determines the true value of the currency of a nation and not "good governance" unless what you mean by good governance is good policies that stimulates economic activity. Please it's not everyone that is interested in politics as you are. |
| Re: Naira Down To N1,650/$ In Parallel Market by chidiokay: 12:48pm On Sep 20, 2024 |
Brendaniel:So what makes Lagos governable and responsive that other states don't have by default |
| Re: Naira Down To N1,650/$ In Parallel Market by chidiokay: 12:57pm On Sep 20, 2024 |
MadPolitician:if salah had not played against nothinham forest most of us would have sworn liverpool would win if Haaland had not played against inter every punter and analyst would have argued man city would have scored @least 1 goal Na because PeTer obi no win election, Nigeria would have .....  ?  |
| Re: Naira Down To N1,650/$ In Parallel Market by MadPolitician: 1:17pm On Sep 20, 2024 |
chidiokay:You lost me there. I was thinking it will end with something like "if Bola Tinubu didn't win and become the president, then mess up everything, we would have been thinking he would have been the most 'sophisticated' president Nigeria never had...". You know? Like the other guy that you guys always frame as the "best president that Nigeria nevwr had". They're always the best until they run out of Cement to build Nigeria the same way they built Lagos 1 Like |
| Re: Naira Down To N1,650/$ In Parallel Market by Brendaniel: 1:31pm On Sep 20, 2024 |
chidiokay:It was former capital territory for about 77 years and still remains the most invested state by the federal government... |
| Re: Naira Down To N1,650/$ In Parallel Market by Brendaniel: 1:39pm On Sep 20, 2024 |
Vision101:Economic activity is only an aspect of good governance.. Bad governance will cripple economic activity to the ground, you think countries like Ukraine, Syria and so on fighting wars will have booming economic activities as usual? It is due to poor governing decisions.... I'm even going far, let's even look at our own here, is it not poor governing decisions that has brought about insecurity affecting farmers, transporters and so on? That is just even 1 aspect... You guys just come out and talk rubbish to defend nonsense.... |
| Re: Naira Down To N1,650/$ In Parallel Market by Brendaniel: 1:41pm On Sep 20, 2024 |
Ojuntana:I have asked them this same question over and over... |
Naira Down To N1,500/$ In Parallel Market • Naira Down To N1,525/$ In Parallel Market • Naira Appreciates To ₦1,650/$ At Parallel Market • 2 • 3 • 4
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