Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months - Business (6)

Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months - Business (6) - Nairaland

Nairaland Forum › Nairaland General › Business › Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months (11672 Views)

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Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by rofesobi: 2:24pm On Sep 28, 2024

You guys are just kidding. Do you guys know simple mathematics at all. What's Nigeria impact in the global economy that will warrant Naira to appreciate and has value. Impossible, all Nigerian leaders have failed and only one solution will solve our problem. When Nigerians are ready and determined then Nigeria will be on path of recovery and restoration.

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by Evidenx(m): 2:31pm On Sep 28, 2024

If it gets to 2k per dollar or 3k per dollar, I don cash out be that.

In every situation think smart...

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by lexy2014: 2:39pm On Sep 28, 2024

richmond500:
He is better in nation building than the three candidates.

Atiku could be good but his motives are just to make his friends rich and it might come with a very heavy cost to bear, not like Tinubu own was better sha, but Atiku made his own clear and I am not ready to support that agenda. I'll rather support Tinubu with no known intentions that support Atiku whose intentions are known and is only for the elites.

Obi has heart sha but he is definitely clueless, You will hardly find an economist or nation builder in his midst, he only moves with comedians, protesters and movie actors. I like him but Nigeria is too complex to be in the hands of such a person who hasn't fixed his own circle, also Obi is too petty for me.

I know little about Kwankwasor and I have no issue with him for now.
So it's hard to admit but only Tinubu and Kwankwasor ended up having my support

Iys funny how some of you keep comparing politicians. Are fellow politicians the criteria for determining whether a politician is competent or not?

But since you have towed that path, help me clarify the following.

How is better at nation building than any human being alive?

What has he done that shows he is knowledgeable on the subject of nation building?

So far, how has he built the nation?

If you say Atikus "motives are just to make his friends rich ", how is tinubu any better?

According to you, you are aware that atiku and tinubu have d same motive but u prefer tinubu because he didn't utter his motive.

How does that make sense?

If u say Atikus motive is only for the elite, what is tinubus motive?

If you say about obi, "You will hardly find an economist or nation builder in his midst", how is that a testament of his level of competence?

what are the company that tinubu keeps?

Can you pls provide evidence that obi "only moves with comedians, protesters and movie actors'?

How should that determine his competence?

Who are the people in tinubus circle and how has that translated to good governance and competence?

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Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by TechMaster1: 2:40pm On Sep 28, 2024

₦1,650/$ - ₦1,720/$ has been the new normal for the past 2 Weeks. Gradually, we are approaching ₦2,000/$. Isn't there something that can be done to break this continuous slide?

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by Basicend: 3:27pm On Sep 28, 2024*

TechMaster1:
₦1,650/$ - ₦1,720/$ has been the new normal for the past 2 Weeks. Gradually, we are approaching ₦2,000/$. Isn't there something that can be done to break this continuous slide?

Cardoso did the initial gra gra when he came in. . since nobody is talking or summoning them about it at the Senate and other main places, they have stylishly been increasing it, as usual.

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by bemeruca: 3:53pm On Sep 28, 2024

richmond500:
I think say Dangote fuel go ease the pressure on naira?
E be like na now the naira deh feel the most pressure

Dangote is a criminal, the biggest of them all.

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Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by bemeruca: 3:54pm On Sep 28, 2024

Shawarmagirl:
Tinubu may God bless you. Let's make it 2k by October ending.

Why?

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by femi4: 4:41pm On Sep 28, 2024

Ykc2:
no austria is better for me my wife na Austrian lady

I m referring to exchange rate not your status

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by Ykc2(m): 5:51pm On Sep 28, 2024

femi4:
I m referring to exchange rate not your status

ok you mean pounce and euro ?

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by DiamondsAreFore: 6:25pm On Sep 28, 2024

Is this not the clown who is always singing the praises of the iragbiji bedwetter?

richmond500:
I think say Dangote fuel go ease the pressure on naira?
E be like na now the naira deh feel the most pressure

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by femi4: 6:35pm On Sep 28, 2024

Ykc2:
ok you mean pounce and euro ?

yes

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by Kukutenla: 8:20pm On Sep 28, 2024

Nobody in this thread noticed the widening gap between the official and parallel rate

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by MomohMrMoore: 9:11pm On Sep 28, 2024

Yes, it will depreciate. You increase your energy prices (furl, diesel, electricity, gas etc). These things affects the economy negatively. In turn it plummets your currency Naira.. For a falling naira, energy prices again. The cycle begins again. Energy cost go up, naira falls leading to more energyvcost up again, leading to naira fall again, energy cost fo up again, naira fall again.. no end until there is an intervention. The brainless government says no intervention, so we are doomed. Governments all over the world intervene in energy cost and their economy.
Tinubu will collapse the country because they know nothing how a nations economy works. This is not politics, elections. Economy is different from politics

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by tobenuel(m): 1:29am On Sep 29, 2024

helinues:
Destroyed economy and you still dey get data to browse.

Hahahaha . That na confusion raised to power 16 oo

you sound sooo foolish, dumb and stupid. you must be a fool at 40 or a close one at that

Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by Zainabwhitemone(f): 4:36am On Sep 29, 2024

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Re: Naira Depreciates To N1,700/$ At Parallel Market — Lowest Level In Seven Months by Rubyjade: 6:17am On Oct 01, 2024

richmond500:
I already have something doing.
Thanks anyways

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Naira Depreciates To ₦‎1,300/$ In Official Market • Naira Plunges To N1,900, Rebounds To N1,354 Then Dips To N1,700/$ • Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens • 2 • 3 • 4

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