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Nairaland Forum / Nairaland / General / Business / We Are Working To Avert Further Naira Fall – CBN (25464 Views)
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We Are Working To Avert Further Naira Fall – CBN by Omooba77: 12:27pm On Jul 29, 2022 |
With an escalating demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has assured that it would continue to make deliberate efforts in the foreign exchange sector to avert further downward slide in the value of the naira, which it said was fuelled by speculative tendencies. https://www.vanguardngr.com/2022/07/were-working-to-avert-further-naira-fall-cbn/
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Re: We Are Working To Avert Further Naira Fall – CBN by incandescentena: 12:29pm On Jul 29, 2022 |
Stvpid Totilopussylick you are late to FTC 30 Likes 3 Shares |
Re: We Are Working To Avert Further Naira Fall – CBN by PresidObi: 12:29pm On Jul 29, 2022 |
5 Likes 1 Share |
Re: We Are Working To Avert Further Naira Fall – CBN by Totilopussylick(m): 12:31pm On Jul 29, 2022 |
Ignoramus people 67 Likes 1 Share |
Re: We Are Working To Avert Further Naira Fall – CBN by SpecialAdviser(m): 12:33pm On Jul 29, 2022 |
Please call Tinubu to the working committee. In fact make Buhari Chiarman of the committee. Werey dey disguise 58 Likes 1 Share |
Re: We Are Working To Avert Further Naira Fall – CBN by sinkhole: 12:34pm On Jul 29, 2022 |
Naira will still slide further If you read the above report, you will discover that the blame was technically taken away from the CBN and gently transfered to the ordinary Nigerians, the report claimed that CBN has done all that it could do to strengthen the Naira but Nigerians behaviour is causing CBN problem! The above report is similar to Buhari's statement that he has done all he could do about security and there is nothing more he can do 176 Likes 10 Shares |
Re: We Are Working To Avert Further Naira Fall – CBN by MadamVanessa(f): 12:34pm On Jul 29, 2022 |
Foolish clueless bastards in power. 34 Likes |
Re: We Are Working To Avert Further Naira Fall – CBN by Nbote(m): 12:34pm On Jul 29, 2022 |
Don't tell us u are working, let ur work speak for itself u fucking mo.rons.... U weren't working wen dollar gained over 100naira in weeks 35 Likes |
Re: We Are Working To Avert Further Naira Fall – CBN by Jessyjeff: 12:35pm On Jul 29, 2022 |
Folks, get ready for an exchange rate of 1,000 Naira to $1. They will soon introduce 5,000 Naira bill (note) . Next year's inflation rate could reach 25-27%, especially if one of the axis of evil is voted into office. 80 Likes 7 Shares |
Re: We Are Working To Avert Further Naira Fall – CBN by Abfinest007(m): 12:41pm On Jul 29, 2022 |
Shameless fool 11 Likes 2 Shares |
Re: We Are Working To Avert Further Naira Fall – CBN by JASONjnr(m): 12:49pm On Jul 29, 2022 |
Lol.... they're literally gaining massively from it.... He's doing nothing to stop it.... These folks are taking Nigerians for a fool... Like Peter Obi pointed out... We don't have any business using dollars in Nigeria... The reason why we get worried is because, we tend to trade more with foreign currency in Nigeria than trade with the local currency..... 27 Likes |
Re: We Are Working To Avert Further Naira Fall – CBN by SocialJustice: 12:53pm On Jul 29, 2022 |
The excess money being stolen by politicians is flowing into the economy to seek dollars and destroying the naira in the process. The CBN knows this but will rather pretend like they are not a major enabler of the problem. 41 Likes 3 Shares |
Re: We Are Working To Avert Further Naira Fall – CBN by Obidient4life2: 12:57pm On Jul 29, 2022 |
Plumbers... Keep working! 1 Like |
Re: We Are Working To Avert Further Naira Fall – CBN by princepeter566: 1:00pm On Jul 29, 2022 |
Continue working sir. All I know is that you guys will not spend up to a year in that seat. Wicked people 1 Like |
Re: We Are Working To Avert Further Naira Fall – CBN by sotall(m): 1:05pm On Jul 29, 2022 |
Have you been sleeping all along ? 2 Likes |
Re: We Are Working To Avert Further Naira Fall – CBN by Passionate888: 1:05pm On Jul 29, 2022 |
Lies |
Re: We Are Working To Avert Further Naira Fall – CBN by lessonotes(f): 1:06pm On Jul 29, 2022 |
Some tech guys who earn in USD said the fall is no longer funny because their earning power increased but their buying power reduced because of sky rocketing inflation. So gone are the days you're happy to earn in USD, those days are over. In 2014, a developer earning 133,000 per month equals NGN1,000,000 per month in 2022. In 2022, a developer earning 3,000,000 per month equals NGN399,000 per month in 2014. So in essence nothing changed, earning power increased but buying power reduced. LEGEND $1 = NGN174 in 2014; $1 = NGN710 in 2022 13 Likes 1 Share |
Re: We Are Working To Avert Further Naira Fall – CBN by Kaycee54321(m): 1:06pm On Jul 29, 2022 |
SHARRAP! |
Re: We Are Working To Avert Further Naira Fall – CBN by NwaNimo1(m): 1:06pm On Jul 29, 2022 |
[img]https://giffiles./216/216347.gif[/img] 2 Likes |
Re: We Are Working To Avert Further Naira Fall – CBN by grandstar(m): 1:06pm On Jul 29, 2022 |
As long as Buhari keeps setting the exchange rate, the Naira as well as the economy will remain doomed. 5 Likes 1 Share |
Re: We Are Working To Avert Further Naira Fall – CBN by Parachoko: 1:06pm On Jul 29, 2022 |
Terrible CBN Governor 10 Likes 1 Share |
Re: We Are Working To Avert Further Naira Fall – CBN by Kelsmatuc(m): 1:06pm On Jul 29, 2022 |
Fools....I have never seen a government like dis. Even d south east is now peaceful 2 Likes |
Re: We Are Working To Avert Further Naira Fall – CBN by Melodydoctor: 1:06pm On Jul 29, 2022 |
Lies. When it was $1 to #400 you could not do anything about it. Now #710 and you want to do something? You all need serious beating. 13 Likes
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Re: We Are Working To Avert Further Naira Fall – CBN by Xscape047: 1:06pm On Jul 29, 2022 |
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Re: We Are Working To Avert Further Naira Fall – CBN by atinga1: 1:06pm On Jul 29, 2022 |
Yeah. Better do. Stop selling dollars to your bosses. |
Re: We Are Working To Avert Further Naira Fall – CBN by bestman09(m): 1:07pm On Jul 29, 2022 |
Is Buhari aware of this your working? |
Re: We Are Working To Avert Further Naira Fall – CBN by Deeprooted: 1:07pm On Jul 29, 2022 |
When emefiele was to make policies that would stabilize the naira, he was busy campaining to become the president. Bihiri cometh not but to Kill, Steal and Destroy Nigeria. 4 Likes |
Re: We Are Working To Avert Further Naira Fall – CBN by SenatePresdo(m): 1:07pm On Jul 29, 2022 |
Instead of working for Naira not to fall any further, you guys should also start working on how to increase minimum wage. People earn less in this country, its not always about what our currency stands against the dollar. If people earns well, exchange rate wouldn't be a problem. 1 Like |
Re: We Are Working To Avert Further Naira Fall – CBN by Gkay1(m): 1:07pm On Jul 29, 2022 |
Satanwin emefiele is one of the useless person in this country. He has nothing to offer. 11 Likes 1 Share |
Re: We Are Working To Avert Further Naira Fall – CBN by phr0nesis(m): 1:07pm On Jul 29, 2022 |
How about taking it back to where it was before 2015 1 Like |
Re: We Are Working To Avert Further Naira Fall – CBN by ekukeku(m): 1:07pm On Jul 29, 2022 |
U haven't resign? 2 Likes 2 Shares |
Re: We Are Working To Avert Further Naira Fall – CBN by LollySeaSide: 1:07pm On Jul 29, 2022 |
Hmmm... Story! Failure is the second name of this administration, probably its first name! That's why we are... OBIdiently YUSUFul!! 1 Like |
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