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Naira Devaluation As Of Today (thread) - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Devaluation As Of Today (thread) (3341 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)

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Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 9:32pm On Oct 13, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at N764 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at N935 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: 6:43am On Oct 17, 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 N938 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: 9:15am On Oct 18, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at N848 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at N938 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: 10:32pm On Oct 19, 2023
Fun Fact:
Do you know that Naira went from N155 for $1 in 2013, to N389 for $1 in May 2020.

Making Naira loss over 100% 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: 9:23pm On Oct 20, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at N808 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at N938 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: 10:39pm On Oct 21, 2023
NairaSign Newsletter Partners Announcement (Message From Our Sponsor):

As of today 21/10/2023

₦15 million of ₦1.5 billion have been signed out to social media influencers, whatsapp group owners, marketers, content creators, facebook group owners, bloggers, and people that have alot of contacts in upfront payment, across various online platforms.

NairaSign Newsletter pays all partners including social media influencers, whatsapp group owners, marketers, content creators, facebook group owners, bloggers, and people that have alot of contacts in advance even before they start referring anyone.


Also, if you want to become a NairaSign Newsletter partner you can register here: https://docs.google.com/forms/d/e/1FAIpQLSffsrAQRIq8MTo_n_bP2MzXSsT_TpQ_NjzuCsx7PfMkTbblMA/viewform?usp=pp_url

How To Become A NairaSign Newsletter Partner & Things To Know.
If you are a social media influencer, whatsapp group owner, marketer, content creator, facebook group owner, blogger, or have alot of contacts, you can become a NairaSign partner.

1.) Register here: https://docs.google.com/forms/d/e/1FAIpQLSffsrAQRIq8MTo_n_bP2MzXSsT_TpQ_NjzuCsx7PfMkTbblMA/viewform?usp=pp_url

2.) After you are registered & selected as NairaSign partner, NairaSign Newsletter will start paying you in advance even before you refer anyone to it's newsletter.

3.) All partners that work with NairaSign are paid upfront i.e payments are made to them before they start referring anyone.

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Re: Naira Devaluation As Of Today (thread) by Akposkiz: 9:16pm On Oct 22, 2023
Hmmmm! It is well.
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 10:55pm On Oct 23, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at N793 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at N974 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 Oct 24, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦847 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦974 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 ₦250,000 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 ₦500,000 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: ₦5,000(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: 9:19pm On Oct 25, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦803 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦974 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 ₦250,000 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 ₦500,000 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: ₦5,000(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 Oct 26, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦837 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦977 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 ₦250,000 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 ₦500,000 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: ₦5,000(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 Oct 28, 2023
NairaSign Newsletter Partners Announcement (Message From Our Sponsor):

As of today 27/10/2023

₦17.5 million of ₦1.5 billion have been signed out to social media influencers, whatsapp group owners, marketers, content creators, facebook group owners, bloggers, and people that have alot of contacts in upfront payment, across various online platforms.

NairaSign Newsletter pays all partners including social media influencers, whatsapp group owners, marketers, content creators, facebook group owners, bloggers, and people that have alot of contacts in advance even before they start referring anyone.


Also, if you want to become a NairaSign Newsletter partner you can register here: https://docs.google.com/forms/d/e/1FAIpQLSffsrAQRIq8MTo_n_bP2MzXSsT_TpQ_NjzuCsx7PfMkTbblMA/viewform?usp=pp_url

How To Become A NairaSign Newsletter Partner & Things To Know.
If you are a social media influencer, whatsapp group owner, marketer, content creator, facebook group owner, blogger, or have alot of contacts, you can become a NairaSign partner.

1.) Register here: https://docs.google.com/forms/d/e/1FAIpQLSffsrAQRIq8MTo_n_bP2MzXSsT_TpQ_NjzuCsx7PfMkTbblMA/viewform?usp=pp_url

2.) After you are registered & selected as NairaSign partner, NairaSign Newsletter will start paying you in advance even before you refer anyone to it's newsletter.

3.) All partners that work with NairaSign are paid upfront i.e payments are made to them before they start referring anyone.

4 Likes

Re: Naira Devaluation As Of Today (thread) by MindOnMatters00(m): 7:25am On Oct 29, 2023
ThomasGitHub:
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦837 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦977 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 ₦250,000 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 ₦500,000 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: ₦5,000(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


Bro it seems you are not current with the naira rate on all platforms cos your P2P rate is totally different from the BDC' s and Black Market rate from the start.
Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 8:03pm On Oct 30, 2023
Fun Fact:
Do you know that Naira went from N389 for $1 in May 2020, to N769 for $1 in June 2023.

Making Naira loss about 80% 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: 8:03pm On Oct 30, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦993 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦999 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 ₦250,000 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 ₦500,000 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: ₦5,000(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: 11:18pm On Oct 31, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦815 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦1002 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 ₦250,000 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 ₦500,000 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: ₦5,000(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: 10:32pm On Nov 01, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦786 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦1010 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 ₦250,000 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 ₦500,000 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: ₦5,000(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.


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2 Likes 1 Share

Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 8:51pm On Nov 03, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦776 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦1012 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 ₦250,000 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 ₦500,000 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: ₦5,000(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: 9:23pm On Nov 05, 2023
NairaSign Newsletter Partners Announcement (Message From Our Sponsor):

As of today 05/11/2023

₦20 million of ₦1.5 billion have been signed out to social media influencers, whatsapp group owners, marketers, content creators, facebook group owners, bloggers, and people that have alot of contacts in upfront payment, across various online platforms.

NairaSign Newsletter pays all partners including social media influencers, whatsapp group owners, marketers, content creators, facebook group owners, bloggers, and people that have alot of contacts in advance even before they start referring anyone.


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How To Become A NairaSign Newsletter Partner & Things To Know.
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2.) After you are registered & selected as NairaSign partner, NairaSign Newsletter will start paying you in advance even before you refer anyone to it's newsletter.

3.) All partners that work with NairaSign are paid upfront i.e payments are made to them before they start referring anyone.

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Re: Naira Devaluation As Of Today (thread) by ThomasGitHub: 9:17pm On Nov 06, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦809 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦1015 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 ₦250,000 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 ₦500,000 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: ₦5,000(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: 11:05pm On Nov 09, 2023
NAIRA DEVALUATION;

At I&E:

Nigeria Naira to US Dollar is trading at ₦996 per $1.

At P2P:

Nigeria Naira to US Dollar is trading at ₦1017 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 ₦250,000 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 ₦500,000 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: ₦5,000(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 kkins25(m): 1:20am On Nov 10, 2023
hehe. the rising Naira is falling again
Re: Naira Devaluation As Of Today (thread) by Swiftgrp: 2:09pm On Nov 18, 2023
ThomasGitHub:
Fun Fact:
Do you know that Naira went from N257 for $1 in 2016, to N361 for $1 in 2018.

Making Naira loss 40% 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

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