Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion (2977 Views)
| Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by Melezenawii(op): 6:21pm On Feb 24 |
The Central Bank of Nigeria (CBN) on Tuesday said the country’s external reserves have risen to a 13-year high of $50.45 billion, bolstering confidence in the nation’s foreign exchange position.https://businessday.ng/news/article/external-reserves-climb-to-13-year-high-of-50-45bn-cbn/?amp 23 Likes 4 Shares
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| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by Burob: 6:23pm On Feb 24 |
Melezenawii:I changed some forex today, chai Naira done strong small o. Kai, na 1385 them dey exchange Benjamin Franklin, compared to 1500 a few weeks ago. 28 Likes 2 Shares |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by adekolaelect(m): 6:44pm On Feb 24 |
Gradually things will get good for Nigeria . 33 Likes 2 Shares |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by Richtaiwo(m): 6:58pm On Feb 24 |
Gradually, we shall get there. With a bit of more effort, before the end of last quarter, the dollar might even exchange for 1k or less. That, ladies and gentlemen, is what real growth looks like, self-sustainability, not the old cosmetic gymnastics propped up by borrowed forex that eventually collapses like a badly arranged house of cards. And somewhere out there, children of 8 might need to update their resumes, because very soon, the only propaganda left against Tinubu will be that rainfall no longer submits a formal notice before touching the ground. 31 Likes 6 Shares |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by lordm(m): 7:30pm On Feb 24 |
Gradually, we will get there. 18 Likes 2 Shares |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by seunmsg(m): 7:33pm On Feb 24 |
We are surely hitting $60billion before the end of the year. 23 Likes 2 Shares |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by Thedon22: 8:12pm On Feb 24 |
adekolaelect:Obidients never believed in Nigeria. Shame to them. They with Aisha Yesufu told us to hold on to our dollars because it would hit #2000. Shame on them. Anybody that listens to their doomsday theories should have his head checked. 31 Likes 2 Shares |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by helinues: 8:24pm On Feb 24 |
Oya, the propaganda crew, come and sing your canary song as this development news must give you people a running stomach 13 Likes 1 Share |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by PDPdestroyer(m): 8:38pm On Feb 24 |
Tinubu should continue ‘saving money’ for the incoming president, Obi/Saraki 2047 is a goal 8 Likes 1 Share
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| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by commoditiesnig(m): 10:18pm On Feb 24 |
Very welcome news.. Kudos to the economic team 12 Likes 1 Share |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by toboizilla: 5:22am On Feb 25 |
Why continue to borrow ? Show working on the people hungry and not continue to wreak them with heavy burden ? 1 Like |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by SocialFinance: 5:22am On Feb 25 |
Thank God I'm alive to see Nigeria becoming great again Nigerian should ensure cankerworm and termite politicians don't have access to our treasury again. You know them, both worked for Abacha to loot Nigeria dry at port One sold 80% of Nigeria assets to himself and went to Dubai to spend the money. The other one na for pandora he kept the loot 15 Likes 1 Share |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by Daddyyin: 5:25am On Feb 25 |
God bless Nigeria! God bless President Bola Ahmed Tinubu! Nigeria will work! 4 Likes 1 Share |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by luvinhubby(m): 5:28am On Feb 25 |
Seriously doubt if it will positively affect the prices of goods and services. 1 Like |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by morikee: 5:37am On Feb 25 |
I don’t know why with reserve appreciation but Naira no dey too follow unlike before that if the reserve increases Naira will appreciate |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by DatNiggaDaz: 5:40am On Feb 25 |
Valueless Inflation ridden worthless billions. 30billion dollars under Obvasanjo, Jonathan and Yaradua had more value, more worth than these "billions" tissue paper under APC and a bullion van fake certificate holder Data boiz desperately searching for a fake fathom guru achievement where there is none. Youseless billions in a poor poverty driven maladministration having no positive changes on the existence of data boiz 3 Likes 1 Share |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by Satazaa: 5:47am On Feb 25 |
The ignorant will be singing what's the point in having such a healthy reserve if the welfare of ordinary Nigerians is not impacted, but point is having such high reserves calms the nerves and uneasiness of foreign investors and even wealthy Nigerians in diaspora which makes them invest in the economy thereby reflating and boosting economic activities that spurs manufacturing, service sector and employment 8 Likes 1 Share |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by BannedUser: 5:52am On Feb 25 |
DatNiggaDaz:Why are you wailing because of a positive news?  8 Likes |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by DatNiggaDaz: 5:55am On Feb 25 |
BannedUser: Of course if it is not a positive news to data boiz, what else can it be. When last did you eat your daily portion of fake statistics ? Let me be of help here.you need to feed fett with that  2 Likes
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| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by anonimi: 5:58am On Feb 25 |
adekolaelect:Is this your renewed hope based on how much debt Tinubu has accumulated over and above the debt of PDP prosperity politicians who gave us cheap petrol and better life for 16 years of deregulation and privatisation policies? All these things were wrecked by A-looter Propaganda Congress, APC |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by anonimi: 6:01am On Feb 25 |
Satazaa:All these dogo turenchi are balablu town hall words to say nothing. If anything you said was meaningful, then why have they failed to deliver Jagaban’s N300/$1 after 33 months of hitting the ground running? |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by hotseat: 6:06am On Feb 25 |
This must be bad news to those perpetual fault-finders and haters of Nigeria. Good news hurts them so terribly. But, the harder they come, the harder they shall fall. Nigeria is blessed and no weapon fashioned against her shall prosper, says the Lord of hosts. It can only get better! @hotseat 7 Likes 2 Shares |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by rotadeco27: 6:31am On Feb 25 |
toboizilla:If u are still crying hungry at this period, then u should check yourself because you must be the lazy type who wants to depend on the government for everything. Go out and earn yourself some cash to better your life oga 5 Likes |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by helinues: 6:49am On Feb 25 |
toboizilla:Is it that some of you don't know anything about economics that makes you to be always asking irrelevant questions. Why is USA still borrowing 6 Likes 1 Share |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by edogu(m): 6:56am On Feb 25 |
While this is commendable, it still amounts to nothing if the ordinary man cannot feel the impact positively. |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by GreaterFuture(m): 7:13am On Feb 25 |
The Search continues. One's Chances of seeing increases? |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by cooly419: 7:26am On Feb 25 |
If una like make everything deh raise, poor man never see food chop una deh fabricate rubbish political analysis. |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by MONEY247: 7:33am On Feb 25 |
Dangote refinery is working Zenith bank involvement driving export is bringing results... Good one from this administration 4 Likes |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by bobbiiee: 7:37am On Feb 25 |
It is risen in terms of numbers alone or value? |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by Bluntemperor: 7:42am On Feb 25 |
SocialFinance:The TROUBLES With Our RULERS And The Present Crops Of Politicians: You Raised a Serious issue here, •For many of Our Politicians indeed Are Wicked,For How Can You Be Looting Your Country and You Are Using it + - To Be Building Other Countries like Dubai,etc- Under PRETENSES that You Are Making Investments - FOR WHO ? •But For Yourselves and Families 😢- With Nigeria Money 🤑💰! -For Many NIGERIANS Don't Know The Pain We Have in Our hearts - when we see that Nigeria BY NOW Should Be FLYING,Not Just Walking or Crawling, 1• Since the Days Of Shehu Sagari - Wasted NBILLIONS and Corruption engineered by Umaru Dikko, 2• The Wasted OPPORTUNITY of Maradona - where NBILLIONS of Election Money and Budgets became Worthless, 3•The ABACHA LOOTING SPREE - that Till Today Foreign Countries Are Still Repatriating Back-Money Stolen Abroad to Nigeria. 4• This Is A Self -Inflicted Injury -By The ARMY 🪖 Rogues in Power Then On NIGERIA and it Is Unfortunate,that a Person like Abacha was ever allowed to rule . The Corruption Under Abacha was just Too Terrible 😭. -Did you Know that Some Nigerians Became Emergency Billionaires- for Doing Nothing - just to Carry Money for Abacha, - For they Don't have a Single Company In Nigeria -to allow the Youths and the MASSES Benefits. •We will leave the issues of OBJ and GEJ govt- for you to decide,if they have done well for Nigeria - how Light 🚨 NEPA Dollars 💰 Loan Facilities Waka Pass, DISCOS was Sold to Party men , instead of the Real Investors., etc and they were all under PDP then, with No Single Road 🛣️ ever got Completed For Commission,e g Lagos- Ibadan Express Road Projects,etc,yet they were in Govt- for 16- yrs! •Then,See the Buhari govt/Administration - where -Many Of The Ministers Are Allowed Freedom - Unchecked,As They Were Operating On Their Own- Without Legislatures Oversights by our National Assembly Members, -For,They Have our Money 🤑 with them, •Those Ministers, Heads of Depts, Parastatals, AGENCIES like NNPC should be made to Accounts For Our Money, •For Example , afterall the Refineries, Did Not Work - Despite the Multi- dollar 💰 SPENT and the -Budgets MONEY should be Retired Back to the Treasury Account. -That is why They ( MOST OF The MINISTERS •- THAT WORKED UNDER BUHARI Should Be PROBED) , For Example, the Trillion Wasted by Emiefe and Others- And For The Following Reasons: i•FOR WE NEED TO KNOW HOW MUCH WAS COLLECTED / RECEIVED -AS BUDGETS ( Naira DOLLAR 💰) Into Various Ministries and their Depts ? ii•HOW MUCH WAS EXPENDED- ON THE PROJECTS- Monthly, Quarterly and Yearly Basis? iii•HOW MUCH WAS LEFT IN THE VARIOUS DEPTS,when they were leaving? iv•WHAT ARE THEIR LEGACIES - FOR THE YOUTHS AND THE MASSES Can We Talk About Today? None and Nothing- was Done For NIGERIA -Even In Provisions Of Basic Amenities ( like good Roads 🛣️, Health Care Facilities Hospital 🏥 Delivery, Railway 🚂 - Intercity, •God Bless Tinubu - For Repositioning Nigeria For A Better Future ,but what happens when he leaves the place? We are not holding brief for Tinubu ,nor is he an Angel, -But At Least -We can See what he is doing, e.g on Road Infrastructures Developments Projects Across The REGIONS -unlike the Past ADMINISTRATION/ Past Govt- they Should ALL Be ACCOUNTABLE -For Nigeria To Progress. Just FACTS AND TRUTH 😡 . 2 Likes |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by Titogbanski: 8:20am On Feb 25 |
ALL THESE FAKE STATISTICS.. IT IS ONLY IN NIGERIA THAT I HEAR THAT A PRESIDENT'S ACHIEVEMENT IS INCREASE IN FOREIGN RESERVES THAT NOBODY EVER FEELS OR DOES NOT MAKER OUR DEBT GO DOWN...HMMM |
| Re: Nigeria External Reserves Have Risen To A 13-Year High Of $50.45 Billion by zionstaar75(m): 8:24am On Feb 25 |
Thedon22:abeg wetin concern obidients?I'm not one but we're all Nigerians and our love for the country should not be divided. I sent someone to the market with 50k today and I was pleased with how much foodstuff she brought.its only pepper i will need to buy till end of March. Anyone saying things are not changing is either stupid or blind, GOD BLESS NIGERIA!!! 2 Likes |
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