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Naira Depreciates N1,600/$ In Official Market - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Depreciates N1,600/$ In Official Market (9236 Views)

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Re: Naira Depreciates N1,600/$ In Official Market by searchlight: 8:55am On Apr 05, 2025
sulaak:
The situation will get significantly worse with falling oil prices, low FX reserves, high imports, a bloated government, and low productivity.


Good Luck, Nigerians.
I just wish dollar hits 2k. Then I will be rich
Re: Naira Depreciates N1,600/$ In Official Market by opes: 8:59am On Apr 05, 2025
asolocoaso:
Are you literate ?
Do you know how Nigeria gets dollars ?
You think Tinubu is the one creating the numbers every morning ?
Hmmm..hope this will not affect the crude for naira deal.. Government needs high inflow of forex...
Re: Naira Depreciates N1,600/$ In Official Market by FiveFootNinja(m): 9:00am On Apr 05, 2025
What else is new?
Re: Naira Depreciates N1,600/$ In Official Market by motionarena: 9:04am On Apr 05, 2025
Watch how prices will begin skyrocket again
Re: Naira Depreciates N1,600/$ In Official Market by Deepspirituals: 9:06am On Apr 05, 2025
Dotherightthing:
Are you madhuh
U Lack Education and Understanding, Do you think that Anyone Wish or words Determines what exchange rate will be
Re: Naira Depreciates N1,600/$ In Official Market by OALandAgents: 9:10am On Apr 05, 2025
We need Thiefinubu gone before 2027
Re: Naira Depreciates N1,600/$ In Official Market by Thomthom(m): 9:10am On Apr 05, 2025
omoredia:
only a fool expect what is good from bad leaders
Hmmm
Re: Naira Depreciates N1,600/$ In Official Market by stanluiz(m): 9:11am On Apr 05, 2025
Tinubu is in foreign hospital recharging his batteries with our scared forex ? Tell me why naira won't depreciate ?
Re: Naira Depreciates N1,600/$ In Official Market by Smithwilliams826: 9:11am On Apr 05, 2025
Re: Naira Depreciates N1,600/$ In Official Market by SeriouslySense(m): 9:13am On Apr 05, 2025
smiley, what about the noise that dollar has collasped
Re: Naira Depreciates N1,600/$ In Official Market by orikoku: 9:16am On Apr 05, 2025
I just hope it won't get to 2k soon sha. The hardship is hitting the country already.
Re: Naira Depreciates N1,600/$ In Official Market by Xannadu: 9:21am On Apr 05, 2025
At least my money has returned back to it's normal value
Re: Naira Depreciates N1,600/$ In Official Market by back2sender: 9:27am On Apr 05, 2025
asolocoaso:
It will get worse.
Trump Tariff impact on world economy
Re: Naira Depreciates N1,600/$ In Official Market by CollinsJC: 9:27am On Apr 05, 2025
Everything might go up again. Even landlords will start increasing rent all over again because of dollar. Chaiii ...what a country that dollar determines even how we make love. How area boys charge drivers and how drivers charge passengers and how governments in all level increase tariff and taxes ...but how salaries are increased and paid is not important.
Re: Naira Depreciates N1,600/$ In Official Market by Slurity(m): 9:31am On Apr 05, 2025
BAD FOR MAJORITY, BUT SOME OF US THAT EARN IN DOLLARS SMILES....
Re: Naira Depreciates N1,600/$ In Official Market by Hotfreeze: 9:34am On Apr 05, 2025
searchlight:
I just wish dollar hits 2k. Then I will be rich
Talk like this is inspired by foolishness, ignorance and poverty mindset..

Prices of goods will also increase. You won't be getting increased value.
Re: Naira Depreciates N1,600/$ In Official Market by Bellotelli: 9:36am On Apr 05, 2025
This is exactly what the nnpc and the bourgeois wants.
Re: Naira Depreciates N1,600/$ In Official Market by MichaelSokoto(m): 9:38am On Apr 05, 2025
dis one na news?
huh
Re: Naira Depreciates N1,600/$ In Official Market by Bellotelli: 9:39am On Apr 05, 2025
Dotherightthing:
Are you madhuh
No, he is not mad but actually saying the fact. The govt deliberately did this when they stop selling crude to local refineries in Naira.
Re: Naira Depreciates N1,600/$ In Official Market by teejoyz: 9:39am On Apr 05, 2025
Nigeria don dey collect from Trump tariff. Oil price down already. This is the high time for government to reduce importation of petroleum products and patronize local refineries to reduce pressure on naira. Importation should be tightening now at least for the main time.
Re: Naira Depreciates N1,600/$ In Official Market by PUNANI01: 9:41am On Apr 05, 2025
Hotfreeze:
We can see your father inside the zoo licking moinmoin leaves like a baby goat.
It pained you but why?
Re: Naira Depreciates N1,600/$ In Official Market by femi4: 9:45am On Apr 05, 2025
Re: Naira Depreciates N1,600/$ In Official Market by michoim(m): 9:45am On Apr 05, 2025
So they can no longer support naira, after just 3 months of artificial support... grin grin grin
Re: Naira Depreciates N1,600/$ In Official Market by femi4: 9:47am On Apr 05, 2025
asolocoaso:
Are you literate ?
Do you know how Nigeria gets dollars ?
You think Tinubu is the one creating the numbers every morning ?
You have time explaining to him. Most of them think everything is prayer
Re: Naira Depreciates N1,600/$ In Official Market by Emmabyte: 9:47am On Apr 05, 2025
At this time what We need is an economist as president not a drug lord
Re: Naira Depreciates N1,600/$ In Official Market by zero8zero(m): 9:49am On Apr 05, 2025
Bellotelli:
No, he is not mad but actually saying the fact. The govt deliberately did this when they stop selling crude to local refineries in Naira.
Many of just ignorantly exposed how dumb you are, you have nothing upstairs. Are you living under a rock when the last Administration sold most of our crude oil for loans?. To renew the deal, a lot of concession has to go into it and the IOCs will have to agree to it. Our crude oil production must also be increased to make more crude oil available.
Re: Naira Depreciates N1,600/$ In Official Market by zero8zero(m): 9:50am On Apr 05, 2025
femi4:
You have time explaining to him. Most of them think everything is prayer
michoim:
Only 3 months artificial support for naira, there hand don weary?? grin
Another illiterates, the false narratives they put in their empty heads is what they will be spreading everywhere, headless mob.
Re: Naira Depreciates N1,600/$ In Official Market by Hotfreeze: 9:50am On Apr 05, 2025
PUNANI01:
It pained you but why?
I don't reply Abia cannibals.
Re: Naira Depreciates N1,600/$ In Official Market by tope777(m): 9:51am On Apr 05, 2025
...more pressure soon as the politicians will start stacking the available dollars for 2027 election.
Re: Naira Depreciates N1,600/$ In Official Market by michoim(m): 9:52am On Apr 05, 2025
Only 3 months artificial support for naira, there hand don weary?? grin
Re: Naira Depreciates N1,600/$ In Official Market by Purevibe74: 9:53am On Apr 05, 2025
President don Japa go enjoy himself nothing concern am with Naira, now euro him dey use now we are in a dip shit with this clowns we call our leaders.
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Naira Strengthens At The Black Market, Breaks Below ₦1,600/$Naira Down To N1,600/$ In Parallel MarketNaira Depreciates To ₦‎1,300/$ In Official Market234

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