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Nairaland Forum / Nairaland / General / Business / CBN Takes New Measures To Save The Naira From Crash (30858 Views)
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Re: CBN Takes New Measures To Save The Naira From Crash by Dpaulie(m): 6:48pm On Aug 14, 2023 |
Set of olodos 1 Like 1 Share |
Re: CBN Takes New Measures To Save The Naira From Crash by tivta(m): 6:49pm On Aug 14, 2023 |
IconicR: Shegey dangroba 1 Like |
Re: CBN Takes New Measures To Save The Naira From Crash by Kukutente23: 6:50pm On Aug 14, 2023 |
SalamRushdie:And one mumu above you said Asiwaju is working not knowing he's just doing u- turn and reverse 2 Likes |
Re: CBN Takes New Measures To Save The Naira From Crash by Morbeta11(m): 6:51pm On Aug 14, 2023 |
The master strategist and economic guru is struggling in the mud... 3 Likes 1 Share
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Re: CBN Takes New Measures To Save The Naira From Crash by boldtruthalways: 6:52pm On Aug 14, 2023 |
Government of "to" , "will". You'll never see "has" Nemesis will catch up with all of you. 1 Like |
Re: CBN Takes New Measures To Save The Naira From Crash by imoowo(m): 6:53pm On Aug 14, 2023 |
Continue taking measures |
Re: CBN Takes New Measures To Save The Naira From Crash by oyeleyemaureen(m): 6:53pm On Aug 14, 2023 |
What's breaking about this news abeg 😏 |
Re: CBN Takes New Measures To Save The Naira From Crash by twosquare(m): 6:53pm On Aug 14, 2023 |
I laugh when they say Nigeria is a complex country. It is not; you all know what ought to be done, but don't. When you pamper those who ought not to be pampered, you will have falling naira... the first people to be dealt with severely are bankers...start giving them the erastus akingbola treatment. 1 Like |
Re: CBN Takes New Measures To Save The Naira From Crash by xandy84: 6:54pm On Aug 14, 2023 |
Informed write-up but I don't think quantitative easing will work for Nigeria to be honest. Example of Zimbabwe and Venezuela comes to mind. When a country produce less like Nigeria, quantitative easing will bring the value of local currency next to nothing. Reduction of interest rate sound like a good idea but still, the government need to aid exchange rate cos 💯 naira floating na die. We need to increase local production for at least 5 years and then will can float the Naira 💯 but as it stands now, Naira to dollar will reach 5k before end of 2025. . imoh4king: 1 Like |
Re: CBN Takes New Measures To Save The Naira From Crash by eteforlor(m): 6:54pm On Aug 14, 2023 |
ganisucks: So these people have been sleeping. They are not even aware of the fact that the naira is crashing... Naira that has already crashed!! So shameful!!! 1 Like |
Re: CBN Takes New Measures To Save The Naira From Crash by Fairview1(f): 6:57pm On Aug 14, 2023 |
Which other new measure? |
Re: CBN Takes New Measures To Save The Naira From Crash by TrumpDonald2: 6:58pm On Aug 14, 2023 |
ganisucks: That’s the work of the old fool APC rigged into power as president. Barely two months into his administration and the country is on a nose dive. |
Re: CBN Takes New Measures To Save The Naira From Crash by Harrynight(m): 7:02pm On Aug 14, 2023 |
IconicR: You better don't even dare to drag GEJ into this mess Jonathan met dollars at 150 in 2010 and left office in 2015 at 190/$ Buhari/Tinubu killed and destroy Naira and Nigeria, hold them responsible You should be worshiping GEJ who managed dollar to only ₦40 increase for 5 straight years Buhari first 5yrs seen dollar exchange rate increased with about ₦300 2 Likes |
Re: CBN Takes New Measures To Save The Naira From Crash by Obakoolex(m): 7:04pm On Aug 14, 2023 |
Edipet: Can all you mentioned be produced in less than 3 months So don't judge yet |
Re: CBN Takes New Measures To Save The Naira From Crash by lomprico(m): 7:04pm On Aug 14, 2023 |
Lol, clueless government |
Re: CBN Takes New Measures To Save The Naira From Crash by valentineuwakwe(m): 7:07pm On Aug 14, 2023 |
They better do it fast ooo.... |
Re: CBN Takes New Measures To Save The Naira From Crash by Tenshades(m): 7:08pm On Aug 14, 2023 |
FloatingSeed: Subscribed and liked...Please respond to my mail. |
Re: CBN Takes New Measures To Save The Naira From Crash by toye4life(m): 7:08pm On Aug 14, 2023 |
Righthussle: Receive sense IJN! |
Re: CBN Takes New Measures To Save The Naira From Crash by clems88(m): 7:09pm On Aug 14, 2023 |
They want to test another method that will finally make the naira do triple sumasult 1 Like |
Re: CBN Takes New Measures To Save The Naira From Crash by okoroemeka(m): 7:09pm On Aug 14, 2023 |
Akwamkpuruamu:they will start with forcing everyone to got foriegm currency from abroad to change at a specific bank rate,they will still come back to status quo,such dollar deregulation cannot work in a consuming country like nigeria |
Re: CBN Takes New Measures To Save The Naira From Crash by Babaibe: 7:11pm On Aug 14, 2023 |
Edipet: Obi should renounce his accumulated wealth from importation.He is the father of importation in Nigeria, he isone of our problem just like Tinubu himself.They are the same, time to start scouting a replacement. We say no to Tinubu and Obi in 2027. |
Re: CBN Takes New Measures To Save The Naira From Crash by Cantonese: 7:11pm On Aug 14, 2023 |
OJODEL10: Do not forget the words “I will carry on Buhari’s legacies”. Remember that the political appointees remain the same, after boasting of getting “technocrats”? Na inside Nigerians dey so. |
Re: CBN Takes New Measures To Save The Naira From Crash by Abagworo(m): 7:15pm On Aug 14, 2023 |
So when will Tinubu applogize to Emefiele? He really thought practical and theory are the same. |
Re: CBN Takes New Measures To Save The Naira From Crash by Cantonese: 7:15pm On Aug 14, 2023 |
xandy84: Look the major problem is dishonesty. Leadership without integrity; leadership filled with corrupt people, will always fail. Corruption is the biggest threat to all Nigerians. Whatever policies are put in place, such policies are quickly subverted by the leaders, keeping the entire nation in misery. They floated the naira. It is clear that it failed. Now they intend to embark on another round of trial and error, with a few meant to benefit from such move. 1 Like |
Re: CBN Takes New Measures To Save The Naira From Crash by Ikemba007: 7:16pm On Aug 14, 2023 |
They should just stop this noise and show us results. |
Re: CBN Takes New Measures To Save The Naira From Crash by nonhuman(m): 7:17pm On Aug 14, 2023 |
stewiepeter:you Yoruba are just wired like that, |
Re: CBN Takes New Measures To Save The Naira From Crash by HeroicMeastro: 7:17pm On Aug 14, 2023 |
ganisucks:Just suspend all forms of Bureau De Change in the country for at least one year. All influx of forex coming into the country should be documented and channelled to the CBN and commercial banks. The economy will improve swiftly. 1 Like |
Re: CBN Takes New Measures To Save The Naira From Crash by debeginin(m): 7:18pm On Aug 14, 2023 |
Putinofrussia:And the blame game continues. |
Re: CBN Takes New Measures To Save The Naira From Crash by WAPINATION: 7:18pm On Aug 14, 2023 |
I thought Ahiwayu was a seasoned accountant!! |
Re: CBN Takes New Measures To Save The Naira From Crash by oyeb15: 7:25pm On Aug 14, 2023 |
Jetline: I dey fear too. We are still struggling with dis genesis . I pray it won't reach exodus oo. |
Re: CBN Takes New Measures To Save The Naira From Crash by Uprangers11: 7:28pm On Aug 14, 2023 |
ganisucks: As in I no really get Una like dis,u mean the other measures failedlike you guys are doing kalo kalo with people's life??If u still dey ur luxury dey form Shevchenko that means u dey play well well....Our country dey messed up right now,we dey vex as normally people wey still get hustle wey no even reach at all come oh, imagine d day wey all those once wey u nor give education and job go tireReligion,tribalism and wickedness that's all u thought them....The hunger that is coming now ehn,we make people really sit up |
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