Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 (9881 Views)
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by ZombieTAMER: 7:58am On Feb 12 |
seunmsg:Naira was 700 to a dollar in 2023 Shameless supporters of impunity everywhere here to celebrate nonsense More than 200 naira killed in kwara and you have the temerity to praise such clueless government supervising destruction of her citizens |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Helinuse: 7:58am On Feb 12 |
Jonathan left it at N150 Take it back there. Don celebrate mediocrity. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Klington: 7:59am On Feb 12 |
seunmsg:The Major problem with you educated illiterates tinubu data bois is that when you want to copy people in school during exams (expo), you copy word for word. Obi is far smarter than that. He will adopt the good policies,same as other countries. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Elliotwaveforec: 7:59am On Feb 12 |
Naira rises below 1350! Mod, correct the heading. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by nairalanda1(m): 8:00am On Feb 12 |
seunmsg:We are, in a way , following some of Millei's prescriptions...subsidy removal on petrol and floating the local currency. What we are not doing is cutting other subsides, and cutting down on the overbloating in the civil service, national assembly and presidency, among other things. Also., Argentina was in severely dire straits before Millei. Tinubu has a lot of work to do...fight corruption, remove power subsides totally, end our reliance on oil for government revenues, and promote industrialization policies. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by garykoeman: 8:06am On Feb 12 |
Tinubu till 2031. ![]() |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by anonimi: 8:07am On Feb 12 |
FxMasterz:Since you already know the population numbers for 2015, 2019, 2023 and now, why don’t you just say it? What is so hard for you to say about the numbers over the period ![]() Ditto for your phantom 4,000 Tinubu projects and empty vault claim by the expired soldier that Tinubu made president four years after!!! Meanwhile, please don’t forget to send the link to how one can use pictures of your phantom projects to pay for the subsidy that APC is forcing on 200 million Nigerians because of the massive corruption in their oil sector. anonimi: |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Dotherightthing: 8:09am On Feb 12 |
Nice one Things are looking good for the country P1igsz should remember that it wasn't Tinubu that told Emefiele to invoke 25 trillion naira from thin air and inject into the economy This caused the devaluation of course |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Dotherightthing: 8:10am On Feb 12 |
Pi1gsz amakaarr |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by PlasmaTV: 8:10am On Feb 12 |
blamingthedevil:Just for your information, in a few weeks, Aso Rock will be totally dependent on solar systems. Obviously, there's no concrete plans for the improvement of power. But let 4 years come and go. May God spare our lives. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by InvertedHammer: 8:13am On Feb 12 |
Editorialtimes:/ Ignorance is bliss. Look at the position of the US$ against all other currencies since January 2025. Dollar weakness has been prevalent. It ain’t got nothing to do Tinubu nor naira (which this administration decimated since inception). / |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by lawani(m): 8:13am On Feb 12 |
Dotherightthing:Some people think such a devaluation can be reversed by buying local! Educated people o! |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by delzbaba(m): 8:15am On Feb 12 |
Nigeria can work, i wish that idiot from Daura never wasted 8 years of our nations destiny. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by InvertedHammer: 8:15am On Feb 12 |
lawani:/ Education doesn’t make anyone knowledgeable in all areas. / |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by donself9: 8:16am On Feb 12 |
seunmsg:Uncle you can wonder from now till you turn to wonderer ... how is the Tinubu way better @least Argentina only suffer devalue currency Should we discuss what Tinubu way has cost us, Naira at 1350 from 700 Tinubu met it is still over 90% Today Nigeria can now run Budget into budget we cant even fund one successively that is the reform Economy Tinubu @least Argentina is not battling Insecurity killings everyday and there electricity is stable Before you say Thank we didnt follow Argentina ... The Tinubu way where are the impacts. me that xchange 1 euro for 210 in 2010 you want me to be dancing $1 as cum down to #1350. look around what makes us better than argentina now |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by AMINDA: 8:17am On Feb 12 |
anonimi:You just busted the snake oil propagandist. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by GreaterFuture(m): 8:20am On Feb 12*. Modified: 9:35am On Feb 12 |
lionshare:min. of 500K & upwards. Every other day for about 2 months. Rate will be at around whatever the market is saying at that point in time. With maybe a few digits less for allowance of benefit for the buyer. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by lawani(m): 8:20am On Feb 12 |
delzbaba:Buhari did the same thing past Presidents were doing. Printing naira to service the economy instead of collecting taxes |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by ayusco85(m): 8:23am On Feb 12 |
Okoroawusa:Go and give Ur sisters to marry him na. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Blackman101: 8:24am On Feb 12 |
The dollar is loosing its value international due to President Trump action and we should make the very best of it when the time presence it self |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by FxMasterz: 8:27am On Feb 12*. Modified: 9:47am On Feb 12 |
anonimi:Regarding population numbers, it's just common sense to know that the population of a nation increases dramatically every 10yrs. A little bit of education will help you know this. Some nations almost double their population during a 10 year period. For Nigeria, it is 25.9%. I know from your comments that you never ever try to educate yourself. You just love to follow any anti-government news blindly without giving the narrations a second thought. I was not the one who said the government embarked on over 4,000 projects, it was BudgIT. The news is here on Nairaland. There's even a report that the funds were released for all 4,000 plus projects but 99 were fraudulently diverted and abandoned by contractors. You can find the Nairaland link. Here is a screenshot below for your perusal. The Nairaland link mentioned 4,000 plus projects while my screenshot mentioned approximately 3,000 projects, which is still massive.
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| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Murketeer: 8:29am On Feb 12 |
blamingthedevil:If you don’t want to be bias … say the absolute truth from your mind … with the level of wastage and looting going on in this country … can it be achieved in 8 years ?.. I will come back and quote you after 8 years for whatever answer you give now |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by MrJames007: 8:31am On Feb 12 |
Let it slide below 1000 first before I take them serious. ![]() |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by lawani(m): 8:36am On Feb 12 |
For people saying they want a return to 150⁰ naira to a dollar or even one naira to one dollar, are you ready to also take a pay cut?. Because such a dramatic change in Nigeria will see a drastic cut in people's pay because how much dollars do you need in Nigeria for the upkeep of a small family? |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by bewla(m): 8:37am On Feb 12 |
Okoroawusa:Much more |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by zionstaar75(m): 8:37am On Feb 12 |
AMINDA:can you see why you need to see a doctor soon?your reasoning faculty has become very faulty. An economy growing at over 4% in depression?God will perfect your healing in jesus name |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Funkyswagzz(m): 8:39am On Feb 12 |
lawani:Where do you guys get this numbers aboki sold dollar to me at the rate of 1445 yesterday. I'm I leaving in a separate Nigeria? |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by sweerychick(f): 8:39am On Feb 12 |
seunmsg:🤡 clown! Your presidiot met dollar less than 700 naira, and with his incompetent handling of economy, shot it to almost 2000/$ and he's is struggling to keep it a float since, you are hailing him for handling economy right?? You guys just need a brain reset. |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Ekaka14: 8:40am On Feb 12 |
Klington:Yet Strong in Corruption, Terrorism, banditary, under development, kidnappings, religious intolerance etc |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by mycar: 8:41am On Feb 12 |
What people don't know is that dollar is the currency that is losing value due to useless trump policies, even the travel ban to many countries is enough to easy off on a dollar demand |
| Re: Naira Slides Below ₦1,350/$, Deepest Level Since May 2024 by Queseda: 8:56am On Feb 12 |
mycar:How come you don’t give this same excuse that “it’s not that the naira is weakening, rather it’s the dollar that’s getting stronger” whenever our naira loses value? |
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