₦airaland Forum

This is because we stopped importing refined pms, this is the benefit...our balance of trade surplus is expanding, will definitely lead to increased value of our currency, which adds value to our economy and attract investors.

If we want investors we must make our currency more valuable.

Okay. We hope it keeps getting better

shaqhead:
Now that's false - that's overzealous projection by some party people. I checked and no where is Tinubu said to have said that except for the below

Haaa bros slow down naaaa upu are using fake AI mode to say he didn't say it. Tinubu said it clearly make we talk true abeg.

Laffwittmi:
How much did pdp meet it 1999?

see the way you sound so why tinubu promise his goats that the dollar will come down massively when he become president in 2023?

Pakute:
https://dailytrust.com/naira-appreciates-to-n1394-as-us-dollar-weakens/

Subsidy is gone.
FX round-tripping is gone.
MNK is gone.

Tinubu till 2031.

zinaunreal:
Our economy has always reacted to rates and it was an extremely volatile reactor. This downward trend of the dollar has absolutely made not difference to our useless naira. Dollar spiralled down against most currencies

When you were arbitrarily fixing your exchange rate was it reacting to global movement?

Maybe is because how of tinubu fell in turkey
More trips like that

saintopus:
The other day, Riwane Bismark said the naira was undervalued to about 11% . He gave the actual value to N1220 to the dollar.

Naira is going towards that.

femi4:
Anything above N1k is a failure. There is nothing to celebrate here data boy

But you said it will never go below 1400. May your pain be eternal

PDPdestroyer:
But you said it will never go below 1400. May your pain be eternal

Go school you no gree

I used the word 'fluctuate'....its will keep dancing around there

Afofungbemu

Believeintruth:
Haaa bros slow down naaaa upu are using fake AI mode to say he didn't say it. Tinubu said it clearly make we talk true abeg.

Oya use your "unfake AI mode" to show us where he said it! This thing is not hard na...

saintopus:
The other day, Riwane Bismark said the naira was undervalued to about 11% . He gave the actual value to N1220 to the dollar.

if he truly believes in his math, he can short the dollar and make aggressive gains. It is not by cho cho cho

femi4:
Go school you no gree

I used the word 'fluctuate'....its will keep dancing around there

Afofungbemu

So, for the night school wey you go, 1394 falls within the 1400 and above range you gave. Amukunmeko

ArcSEMPECJ:
Very bad analysis, labelling people with bad names while you are the carrier ..

Firstly, those people you are calling bitter people, witnessed when Dollar was #180 per Naira...

They also witnessed when your Master TINUBU was campaigning and shouting that it was fraud that Naira is #180 per dollar, that APC will make it #50 per dollar and education will be for free under Buhari's Government....

Today, your Master is in that Seat, and you want us to see that Naira is #1350 as a blessing upon Nigeria?

Like how wicked can you all be actually that you want us to see this as a progress

That guy is actually right, you people are always bitter.

Shimbo96:
That guy is actually right, you people are always bitter.

Bitter in what aspect Did you actually go through what I said or you want to be another slave to him who prefer pretense to saying the truth the way it is ?

We are never bitter but we present facts and figures in real time to suite any propaganda they bring from APC ..

Remember, whatever is happening in Nigeria now should be compared to what was happening before APC took power, that's how SANE and TRANSPARENT people reason ....

Don't tell me you lack both of these just because of tribe ...

shaqhead:
Oya use your "unfake AI mode" to show us where he said it! This thing is not hard na...

You don't need to use AI for this. Tinubu said it and he also said he would reduce the fuel price in 2023 which was around 145 then.

tiger28:
Have you forgot SUBSIDY REMOVAL?

Your point will ONLY make sense if subsidies weren’t removed.

ALL the 3 Candidates in the last election promised to remove subsidies which was like a CANCER to our economy.

Spare me your last paragraph please....

Tinubu ran away from any interviews or debate with other candidates, he never mentioned what his agenda could be, until when INEC declared him winner in the middle of the Night when Nigerians were sleeping, that he summoned courage in the morning to say he has removed Subsidy....

When he has no Special advisers, no Minister, no nothing, no round table talk on how to remove the Subsidy?

Other candidates may have said they will remove Subsidy but never you use it again in your life if you love truth , to say that all of them has the same plans on how to remove the Subsidy...

Tinubu was very desperate to become President, that he never cared of what to work or how to work it, he believes it is his time to be President....

amaridigital:
I witnessed when #100 naira was $150. I should have fried stone or wail like the useless cry babies of Nigeria when it started falling in the 90's?

Remove tribe from your eyes so you can see far ...
You witnessed when #100 was $150 , so when it was fallen die you also witnessed some data hits using propaganda to say it is getting better then for the President

See, Nigeria is seriously deteriorating with this kind of nonsensical attitude of praising rubbish and if you really did witness when #100 was #150 then your age should have made you say something better .... nawaoh oo

Vision101:
When you were arbitrarily fixing your exchange rate was it reacting to global movement?

The naira did not react. The dollar dropped

Believeintruth:
You don't need to use AI for this. Tinubu said it and he also said he would reduce the fuel price in 2023 which was around 145 then.

Show us where he said it na .. a video will suffice, reputable newspaper publications not this tweet by an overzealous APC fellow who wanted to market Tinubu dubiously.

Please stop forcing down our throats this tweet as fact when obviously all the evidence point to it as false.

helinues:
Good. Naira to dollar rate have been stable for over a year now

True.. we hope it appreciates further against the dollar

Lies everywhere
USD is dumping globally
Same with Gold
Not naira doing anything to regain strength

zinaunreal:
The naira did not react. The dollar dropped

You don't understand global finance. When your currency is allowed to float and there's no artificial manipulation then economic events around the world like we have with dollar will trigger reaction by your local currency. This is the way of modern global economy and it's the path that this government is leading Nigerian economy to.

It's different from the old archaic method that CBN arbitrarily fixes rates irrespective of what is happening in our economy and around the world.

Vision101:
You don't understand global finance. When your currency is allowed to float and there's no artificial manipulation then economic events around the world like we have with dollar will trigger reaction by your local currency. This is the way of modern global economy and it's the path that this government is leading Nigerian economy to.

It's different from the old archaic method that CBN arbitrarily fixes rates irrespective of what is happening in our economy and around the world.

Bro I absolutely get what you're saying. I'm sure you understand what I'm saying too