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Naira Appreciates Against Dollar At Official, Black Markets - Business (4) - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Appreciates Against Dollar At Official, Black Markets (26309 Views)

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Re: Naira Appreciates Against Dollar At Official, Black Markets by Trustyourself: 10:31pm On Dec 13, 2024
MossadAgent:
What you should take away here is that the Naira is appreciating and it isn't down to the CBN defending the Naira artificially but through solid reforms.

If this trend continues, the true value of the Naira will continue to appreciate .

You should have asked how come Naira became so weak after floating it .

And you will find out that it was due to the reckless ways and means extended to the last government and backed only by fiat printing.

If your useless Emefile had done the right thing and upheld fiduciary discipline in defending and managing the currency supply we won't be here.

Emefile and his printing press is why we are here today but in due time, the FX window is being used to mop up excess Naira from circulation which Emefile intended to do with his failed cash heist.
Are you saying that Mr. grab and run away with it is not responsible for the economic duldrums?
Re: Naira Appreciates Against Dollar At Official, Black Markets by wildernessVoice: 4:38am On Dec 14, 2024
Panadol no dey cure but calms down pain.
The pain continues when we finished money borrowed from Eurobond, China, France, IDB etc.
Better go for agbo(local production) for cure of our economic woes.
Re: Naira Appreciates Against Dollar At Official, Black Markets by OALandAgents: 5:47am On Dec 14, 2024
Can we normalize referring to him as Thiefinubu make sure to put an "i" after the "f" otherwise NL would auto-corrrect it to "Tinubu"

Re: Naira Appreciates Against Dollar At Official, Black Markets by Paraman: 11:22am On Dec 14, 2024
OALandAgents:
Can we normalize referring to him as Thiefinubu make sure to put an "i" after the "f" otherwise NL would auto-corrrect it to "Tinubu"
Gbajue will never become the president of Nigeria
Re: Naira Appreciates Against Dollar At Official, Black Markets by miky(m): 3:37pm On Dec 14, 2024
A lot of these mofos are morons. Extremely low IQ folks who should be talking about pepper and tomatoes in the market

Don't reduce yourself to explaining logical things to them

Only lime 15% of Nigerians get it! Tinubu has achieved a monumental task, one GEJ didn't have the courage for

Naira is at its value, perhaps 1200 at best nothing better


MossadAgent:
And were you getting access to FX when it was artificially pegged for political reasons?

This is the first time in the history of the Naira that it is being treated as a convertible currency and in the wake of excess fiat, it's doing remarkably well.


The key points to take note of here is that the old multilayered and opaque FX windows only benefited rent seekers .
Re: Naira Appreciates Against Dollar At Official, Black Markets by Smithwilliams826: 4:24pm On Dec 14, 2024
MossadAgent:
And were you getting access to FX when it was artificially pegged for political reasons?

This is the first time in the history of the Naira that it is being treated as a convertible currency and in the wake of excess fiat, it's doing remarkably well.


The key points to take note of here is that the old multilayered and opaque FX windows only benefited rent seekers .
Answer the simple question
PlasmaTV:
I asked a simple question, chief
How much was naira to dollar when Tinubu was sworn in?
Re: Naira Appreciates Against Dollar At Official, Black Markets by OALandAgents: 7:25pm On Dec 14, 2024
Who is Gbajue?
Paraman:
Gbajue will never become the president of Nigeria
Re: Naira Appreciates Against Dollar At Official, Black Markets by morgstreme: 11:27pm On Dec 14, 2024
PlasmaTV:
Your papa
Bleep your USELESS PAINED PEASANT DESTITUTE MISCREANT mother..
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FOREX: Naira Appreciates Against Dollar, Gains ₦‎80Naira Appreciates To ₦‎1,280/$ At Parallel MarketNaira Appreciates To N756.61/$ On Investors & Exporters' FX Window234

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