Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,199,781 members, 7,972,804 topics. Date: Friday, 11 October 2024 at 06:40 PM |
Nairaland Forum / Nairaland / General / Business / Naira Devaluation As Of Today (thread) (3380 Views)
Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote / Naira Devaluation: Nigerian Banks Heading For ‘recapitalisation’ / Analysts Predict Naira Devaluation To N400/$ (2) (3) (4)
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 8:34pm On Jul 31, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N756 per $1. At P2P: Nigeria Naira to US Dollar is trading at N801 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by Akposkiz: 12:36pm On Aug 01, 2023 |
Thanks for the info! 1 Like |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 6:56am On Aug 03, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N741 per $1. At P2P: Nigeria Naira to US Dollar is trading at N801 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 8:26pm On Aug 03, 2023 |
Fun Fact: Do you know that Naira went from N198 for $1 in July 2015, to N389 for $1 in May 2020. Making Naira loss about 90% of it's value in the process. And this will immediately cause the prices of goods in Nigeria to increase, because Nigeria imports most of it's goods if not all of them (including Oil) using US dollar, which they bought with a devalued Naira. Thereby causing prices of goods and services in Nigeria to skyrocket. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 3 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 6:57pm On Aug 04, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N776 per $1. At P2P: Nigeria Naira to US Dollar is trading at N801 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 4:29pm On Aug 07, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N743 per $1. At P2P: Nigeria Naira to US Dollar is trading at N804 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 11:08am On Aug 10, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N782 per $1. At P2P: Nigeria Naira to US Dollar is trading at N804 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 12:39pm On Aug 11, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N781 per $1. At P2P: Nigeria Naira to US Dollar is trading at N804 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 8:25pm On Aug 14, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N744 per $1. At P2P: Nigeria Naira to US Dollar is trading at N806 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 8:04pm On Aug 15, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N774 per $1. At P2P: Nigeria Naira to US Dollar is trading at N806 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 1 Like 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 4:15am On Aug 17, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N759 per $1. At P2P: Nigeria Naira to US Dollar is trading at N806 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 7:27pm On Aug 18, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N739 per $1. At P2P: Nigeria Naira to US Dollar is trading at N811 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 9:53pm On Aug 21, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N761 per $1. At P2P: Nigeria Naira to US Dollar is trading at N811 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 8:50pm On Aug 22, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N770 per $1. At P2P: Nigeria Naira to US Dollar is trading at N814 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 7:55pm On Aug 23, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N773 per $1. At P2P: Nigeria Naira to US Dollar is trading at N814 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 8:26pm On Aug 24, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N771 per $1. At P2P: Nigeria Naira to US Dollar is trading at N814 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 9:52pm On Aug 25, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N778 per $1. At P2P: Nigeria Naira to US Dollar is trading at N817 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 11:32pm On Aug 28, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N772 per $1. At P2P: Nigeria Naira to US Dollar is trading at N817 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 12:32am On Aug 30, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N775 per $1. At P2P: Nigeria Naira to US Dollar is trading at N817 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 5:08am On Aug 31, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N738 per $1. At P2P: Nigeria Naira to US Dollar is trading at N817 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 11:24pm On Sep 01, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N740 per $1. At P2P: Nigeria Naira to US Dollar is trading at N819 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 12:55am On Sep 05, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N747 per $1. At P2P: Nigeria Naira to US Dollar is trading at N821 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 12:12am On Sep 07, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N771 per $1. At P2P: Nigeria Naira to US Dollar is trading at N821 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 12:51am On Sep 08, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N736 per $1. At P2P: Nigeria Naira to US Dollar is trading at N821 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 4:01am On Sep 12, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N773 per $1. At P2P: Nigeria Naira to US Dollar is trading at N821 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share |
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 3:59am On Sep 13, 2023 |
Fun Fact: Do you know that Naira went from N114 for $1 in 2003, to N198 for $1 in July 2015. Making Naira loss about 70% of it's value in the process. And this will immediately cause the prices of goods in Nigeria to increase, because Nigeria imports most of it's goods if not all of them (including Oil) using US dollar, which they bought with a devalued Naira. Thereby causing prices of goods and services in Nigeria to skyrocket. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 4 Likes 1 Share
|
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 11:13pm On Sep 25, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N773 per $1. At P2P: Nigeria Naira to US Dollar is trading at N901 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share
|
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 11:14pm On Sep 26, 2023 |
Fun Fact: Do you know that Naira went from N198 for $1 in July 2015, to N411 for $1 in July 2021. Making Naira loss about over 90% of it's value in the process. And this will immediately cause the prices of goods in Nigeria to increase, because Nigeria imports most of it's goods if not all of them (including Oil) using US dollar, which they bought with a devalued Naira. Thereby causing prices of goods and services in Nigeria to skyrocket. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 4 Likes 1 Share
|
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 11:08pm On Sep 28, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N775 per $1. At P2P: Nigeria Naira to US Dollar is trading at N901 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share
|
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 11:12pm On Oct 04, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N756 per $1. At P2P: Nigeria Naira to US Dollar is trading at N905 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share
|
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 11:23pm On Oct 09, 2023 |
NAIRA DEVALUATION; At I&E: Nigeria Naira to US Dollar is trading at N773 per $1. At P2P: Nigeria Naira to US Dollar is trading at N912 to $1. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 2 Likes 1 Share
|
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 12:03pm On Oct 12, 2023 |
Fun Fact: Do you know that Naira went from N198 for $1 in July 2015, to N411 for $1 in July 2021. Making Naira loss about 300% of it's value in the process. And this will immediately cause the prices of goods in Nigeria to increase, because Nigeria imports most of it's goods if not all of them (including Oil) using US dollar, which they bought with a devalued Naira. Thereby causing prices of goods and services in Nigeria to skyrocket. This means that the purchasing power of your money and your savings have just lost it's value. And whenever you want to buy anything in Nigeria you will be paying at high price (inflation price). Because prices of things have increased due to dollar used in the importation of goods. Ex: You will spend N250,000 to buy 1,000 bags of water. And when Naira crash, it will reflect on prices of goods after some months, and You will spend N500,000 to buy the same 1,000 bags of water. Thereby making you poorer. And draining your account. This phenomenon repeats itself whenever Naira crashes. While rich people (politicians & banks) at the other hand buy dollar with Naira, store most of their money in dollars, and when Naira crashes, they sell and profit on Naira crash. Thereby making them richer. And the money in their account increases. This phenomenon repeats itself whenever Naira crashes. NairaSign Newsletter collect prices of Naira to dollar from the internet on time, and alert you when it's high or low. Newsletter Subscription Fee: N5,000(Monthly) Newsletter Subscription Fee is monthly, and you can cancel anytime because we know you will never cancel (why would you cancel what that is making you money?). Start taking advantage of Naira crash against dollar just like everyone else is doing. Join NairaSign newsletter to know when to buy and pocket the different: https://docs.google.com/forms/d/e/1FAIpQLScC3gyH_gGkajCTjrVTpQl8TcBPagN-JwAZ9t8YquNBOPWG7g/viewform?usp=pp_url 4 Likes 1 Share
|
Buy From The Alaba International Market ! / Buy any Bags Of Rice @ 6,500 Par 50kg Anywere In Nigeria / Why Dollar Is Going Down And Naira Appreciating
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 194 |