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Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 (17013 Views)

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Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by owobokiri(m): 7:16am On Jul 19, 2025
A corrupt and sectional media desperately juggling data to obfuscate facts....
Naira at over 1500/1usd is called "stabilisation".
Pump prices of petrol ⛽️ at over 1000, and it is called "reduction" because it was "reduced" from 1100 to 1000...
Yet Ojota roundabout was almost set ablaze by these same characters when the dollar 💸 rate against naira was below 300 naira, while fuel pump prices were below 200!
Picture that..
Barefaced double standards by the dangerouus Lagos ibadam express way mercenary press houses.
They are part of Nigerias problems, if not the main problem with this epileptic amalgam..
They can easily sell dog 🐕 poop 💩 as candy 🍬 to Nigerians.., effortlessly too.
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by anonimi: 7:16am On Jul 19, 2025
Mysterio99:
If you know how much Nigeria paid every month to artificially subsidize the naira, you wouldn't be saying this.
If you know what A-looter Propaganda Congress, APC promised 10 years ago, why would you say this huh

Omooba77:
Owerri – The All Progressives Congress (APC) presidential candidate, Gen. Muhammadu Buhari, on Monday said he would ensure that the Naira was equal to the dollar in value, if voted into office.
Buhari stated this during the South-East presidential rally of the party at Dan Anyima Stadium, Owerri.

“It is sad that the value of the naira has dropped to more than N230 to one dollar; this does not speak well for the nation’s economy,’’ he said.
He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected.

Earlier, Gov Rochas Okorocha had urged APC supporters to vote for the party’s candidates at all levels, noting that a vote for Buhari without support to others at the state would amount to nothing.
Okorocha said Buhari would address the problem of electricity, bring back the kidnapped Chibok girls and promote industrial growth.

http://www.vanguardngr.com/2015/03/ill-make-naira-equal-in-value-to-dollar-says-buhari/#sthash.eALwzZ4V.dpuf
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by shox: 7:20am On Jul 19, 2025
Where are the 30million jobs. Cassava in the morning, corn in the afternoonhuhhuh!
Data boys , over to you
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Revolva(m): 7:23am On Jul 19, 2025
U see people happy for incompetence because of the presido is their kinsmen these type of people are why we will never grow ....and they call themselves educated minds so sad they will never see the light as they are in love of darkness
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by cucumbar:
kunle4toyeyaho:
Presidency of someone who could not proffer solution to common erosion problem for 8 years in his state? You think presidency is by 'yes daddily' rolling out fake statistics of Indonesia and China?
Kunle, we’ve seen the solution of the Lagos builder in the destruction of Nigeria under two years.

Now we don Dey chop real statistics .
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by 96ACE: 8:01am On Jul 19, 2025
givedemwotowoto:
The One Term President (OTP) will use anything and everything for propaganda. People want to see results in their daily lives jare, not all these media cho cho cho.

The level of corruption going on within this government while Nigerians face the most extreme hardships and insecurity from the most heartless and ruthless set of politicians is incredible.

I'm looking forward to a Peter Obi Presidency where Nigerians and journalists can do a lot of whistleblowing without fear of being victimized, and President will take action and not hide from the press.
The same person who shaded HE Peter Obi during the campaigns saying: Na statistics we go chop is now heavily relying on statistics to stay relevant. OTP indeed!!!
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Johnn74: 8:09am On Jul 19, 2025
Fourteen more originals content needed for robustness
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Nico360: 8:14am On Jul 19, 2025
The reforms are gradually yielding results.
Mr. PRESIDENT should do everything in his powers to take us back to Regionalism with autonomy.

This is only catalyst for growth and the lazy regions can burst.
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Achor1111(m): 8:16am On Jul 19, 2025
Iragbiji never again!
More clueless than any presido ever
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by edungene7: 8:18am On Jul 19, 2025
The acclaimed builder of Lagos can no longer mix cement to build Nigeria.
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Konquest: 8:23am On Jul 19, 2025
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by guobe: 8:30am On Jul 19, 2025
My advice to the young Nigerian if you want to achieve your dreams in life faster

Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Layi4real(m): 8:44am On Jul 19, 2025
BrokenTV:
You are just talking as if Tinubu has performed wonders in that sit. You all claimed he developed Lagos, is now time for him to develop Nigeria, he collapsed everything. Tinubu is a failure in totality. If Obi has the resources Tinubu has in Lagos he will bring more development than the failure Tinubu
Which resources has Oyo state that Ajimobi nd Makinde performed well. or Osun state that Aregbe restructure Osun. Even Bago of Niger state is doing wonderfully well with little resources in is pocession. PO is just a failure that is only good in rulling with mouth
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by REDshouse(m): 9:19am On Jul 19, 2025
Kennyfancy:
My friend carry the naira to where it's was before you and ur Evil people enter power
naira is naira and dollar is dollar...
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by patrickcollins: 9:35am On Jul 19, 2025
Moony45:
Obidients are gonna cry on this one. They are gonna call it fake cos they are confused that things are finally adding up.
I pity you, Naira at 1535 to dollar, it is not fake but it's terrible, one of the worst in the world and Africa, around December last year dollar to naira was 1450, what then are u celebrating. Tinubu wrecked our economy, exchange rate rose to 1535 naira from 650 naira President Buhari left it what exactly are you celebrating.
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Shimbo96(m): 9:48am On Jul 19, 2025
BrokenTV:
You are just talking as if Tinubu has performed wonders in that sit. You all claimed he developed Lagos, is now time for him to develop Nigeria, he collapsed everything. Tinubu is a failure in totality. If Obi has the resources Tinubu has in Lagos he will bring more development than the failure Tinubu
which resources?
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by zanshi: 9:50am On Jul 19, 2025
Not a fan of the Tinubu govt, but compared to the mess we had to endure under Emefiele with duplicitous exchange rate, this is much better.
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Rikze: 10:06am On Jul 19, 2025
themanderon:
Very annoying. You met it at less than 500naira and took it on a downward slope to over a thousand five and you are now celebrating one naira gap that may collapse the next minute. These guys are absolutely clueless about what they are doing.
It's really sad 😢
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Reloadedisraelp: 10:34am On Jul 19, 2025
kunle4toyeyaho:
Presidency of someone who could not proffer solution to common erosion problem for 8 years in his state? You think presidency is by 'yes daddily' rolling out fake statistics of Indonesia and China?
lolz .... leadership is never a day break success... I would love to see what Peter obi will do in office as the president of Nigeria... For now tinubu is doing well slowly
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Reloadedisraelp: 10:38am On Jul 19, 2025
zanshi:
Not a fan of the Tinubu govt, but compared to the mess we had to endure under Emefiele with duplicitous exchange rate, this is much better.
dats the fact people fail to acknowledge .... An extremely duplicated currency is even more bad for any economy ... Something dat gives those greedy trades more opportunity to increase prices as they like..very bad
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Reloadedisraelp: 10:43am On Jul 19, 2025
Pauladex:
Many people didn't have the mental capacity to understand that the hardship we are facing is as result of past economic mismanagement and they didn't care if another person come and take them back to square one. How foolish people can be?
subsidy is the parasite dat have be eating Nigeria economy for yrs.., the effect are the current hardship we are facing today...
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by olaniyilukman(m): 10:54am On Jul 19, 2025
CoronaVirusPro:
God bless His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR)

We making progress
I hope this kind of progress will reflect in all your generations
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by ivandragon: 11:03am On Jul 19, 2025
Someone told you that N217 to $1 is bad and the gap should be far less.

That same person gets the opportunity to do what he said and takes it to N1560 to $1 and expects to be praised...

Funny people
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Ekaka14: 11:18am On Jul 19, 2025
Mysterio99:
If you know how much Nigeria paid every month to artificially subsidize the naira, you wouldn't be saying this.
Yet, Nigerians were better-off then than this listless sinking ship they've been scammed to board 😳

Same people you are defending a actually campaigned for far less than what obtains under their watch now or you want me to show you evidence? as campaign poster wey una post still dey shine eye for social media....e no dey tear and w no dey old fortunately!
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by jamafa: 11:24am On Jul 19, 2025
Seunpapa65:
Shame wear me G-string tufikwa 1535 is that where this shameless APC zombies meet the exchange rate
You people are good at defending rubbish
We all saw how Tinubu fought good luck with criticism but e don reach his turn it is now Cho Cho Cho
The old man got nothing to offer
U go school nah??

Hatred no allow you see

The challenges we are facing now is as a result of subsidy removed and insecurity
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by Pauladex(m): 11:45am On Jul 19, 2025
OKOATA:
Professor of excuse well done. Mismanagement from last administration. APC blaming aPC. No be juju be that.
Party is just a vehicle not the destination. Been in same party doesn't make you same.
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by cucumbar: 12:37pm On Jul 19, 2025
Reloadedisraelp:
lolz .... leadership is never a day break success... I would love to see what Peter obi will do in office as the president of Nigeria... For now tinubu is doing well slowly
Tinubu is doing well slowly….so says someone who’s source of income is betting 😁.

I still Dey look for the person wey cast spell upon una.
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by ufotunang: 12:40pm On Jul 19, 2025
Moony45:
Obidients are gonna cry on this one. They are gonna call it fake cos they are confused that things are finally adding up.
..as the exchange rate gone down to 350 naira to a dollar Tinubu met it in 29 th May 2023 when he resumed office
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by CaptainGo: 1:43pm On Jul 19, 2025
Abishol123:
The level of ignorance in this country is unimaginable, ugh !!!
It is frightening honestly.
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by ElSudani: 2:50pm On Jul 19, 2025
kunle4toyeyaho:
Presidency of someone who could not proffer solution to common erosion problem for 8 years in his state? You think presidency is by 'yes daddily' rolling out fake statistics of Indonesia and China?
No schools, no industries but a shayo operation to make his followers forget. Looks like many of them are still drunk on Hero Beer.
Re: Naira Stabilises As Gap Across Parallel And Official Rates Narrows To ₦1 by ElSudani: 2:52pm On Jul 19, 2025
Reloadedisraelp:
subsidy is the parasite dat have be eating Nigeria economy for yrs.., the effect are the current hardship we are facing today...
I think a lot of people know this but the desire to grab power is overwhelming therefore the truth becomes a victim of their ambitions.
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